Sanwa Holdings (5929) AI Stock Analysis

• Market Cap: $996.76B
• Dividend Yield: 2.03%
• Average Volume (3M): 530.82K
• Price to Earnings (P/E): 17.7
• Beta (1Y): 0.82
• Revenue Growth: 6.35%
• EPS Growth: 30.39%
• Country: JP
• Employees: 12,930
• Sector: Industrials
• Sector Strength: 78
• Industry: Construction
• EPS (TTM): 33.75
• Shares Outstanding: 223,000,000
• 10 Day Avg. Volume: 473,150
• 30 Day Avg. Volume: 530,816
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.96
• Enterprise Value/Revenue: 1.47
• Enterprise Value/Gross Profit: 4.51
• Enterprise Value/Ebitda: 10.88
• 1Y Price Target: $5,153.39
• Price Target Upside: 6.61% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 76 Outperform
• Price Target: ¥5,224.00 ▲(8.07% Upside)

Sanwa Holdings' strong financial performance is the most significant factor, supported by consistent revenue and profit growth, and solid cash flow generation. The technical analysis suggests a neutral to slightly bearish outlook due to weak momentum and overbought conditions. Valuation metrics are reasonable, with a moderate P/E ratio and dividend yield.

Sanwa Holdings Business Overview & Revenue Model

Company Description

Sanwa Holdings Corporation, through its subsidiaries, manufactures and sells steel construction materials for commercial and residential construction in Japan, North America, Europe, and the rest of Asia. The company offers door openers; automatic, industrial sectional, garage, steel, condominium, and lightweight sliding doors; partitions and toilet booths; waterproofing products; rolling, high-speed sheet, lightweight, heavy-duty, and window shutters; aluminum and stainless-steel facades; curtain walls; and mail and delivery boxes. It also provides shutter-related, storefront, window, residential door, exterior, and residential garage door products; and openers for garage and other doors, as well as engages in the maintenance and service business. The company was founded in 1956 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Sanwa Holdings makes money primarily through the sale of its diverse range of building materials and entrance systems. The company's revenue model is based on manufacturing and distributing high-quality products such as garage doors, industrial doors, and automatic doors, which are sold to both individual consumers and businesses. Key revenue streams include new construction projects, where demand for their products is integrated into the building plans, and renovation projects, where upgrades and replacements drive sales. Additionally, Sanwa Holdings benefits from strategic partnerships with construction companies and distributors, which help expand its market reach. The company also invests in research and development to innovate and improve its product offerings, ensuring sustained demand and market competitiveness.

Sanwa Holdings Financial Statement Overview

Summary

Sanwa Holdings demonstrates strong financial health with consistent revenue and profit growth, efficient cost management, and solid cash flow generation. The company's financial statements reflect robust operational performance, although attention to debt levels remains crucial.

Income Statement

Sanwa Holdings has demonstrated consistent revenue growth, with a notable increase in Total Revenue from ¥427,061 million in 2021 to ¥662,380 million in 2025. The Gross Profit Margin has remained strong, averaging around 30% over the years, indicating efficient cost management. Net Profit Margin also improved, reaching 8.68% in 2025. The company has maintained healthy EBIT and EBITDA margins, showcasing robust operational performance.

Balance Sheet

The balance sheet of Sanwa Holdings reflects a solid financial foundation with a Debt-to-Equity ratio decreasing over the years, indicating improved leverage management. Stockholders' Equity has grown consistently, enhancing the Equity Ratio to 60.26% in 2025. However, Total Debt remains significant, which could pose potential risks if not managed carefully.

Cash Flow

Sanwa Holdings displays strong cash flow generation, with Free Cash Flow growing steadily from ¥24,384 million in 2023 to ¥61,286 million in 2025. The Operating Cash Flow to Net Income Ratio is impressive, highlighting efficient conversion of profits into cash. The company has managed capital expenditures effectively, supporting ongoing investments while maintaining a positive cash flow trajectory.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	662.38B	611.11B	588.16B	468.96B	427.06B
Gross Profit	218.26B	197.11B	179.70B	138.31B	127.22B
EBITDA	98.79B	79.58B	64.48B	47.11B	43.60B
Net Income	57.51B	43.23B	33.08B	22.84B	21.25B
Balance Sheet
Total Assets	534.61B	491.70B	442.27B	386.24B	375.16B
Cash, Cash Equivalents and Short-Term Investments	134.39B	107.80B	72.25B	61.90B	89.81B
Total Debt	56.98B	56.83B	59.59B	51.50B	69.55B
Total Liabilities	210.41B	206.20B	199.93B	182.93B	193.77B
Stockholders Equity	322.14B	283.81B	240.91B	201.93B	180.10B
Cash Flow
Free Cash Flow	61.29B	59.06B	24.38B	11.24B	41.37B
Operating Cash Flow	76.94B	72.43B	34.42B	20.53B	50.14B
Investing Cash Flow	-30.17B	-24.82B	-15.94B	-21.35B	-11.18B
Financing Cash Flow	-42.89B	-26.24B	-9.89B	-27.36B	-6.10B

Sanwa Holdings Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 4834.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5929, the sentiment is Neutral. The current price of 4834 is above the 20-day moving average (MA) of 4675.50, above the 50-day MA of 4760.70, and above the 200-day MA of 4653.57, indicating a neutral trend. The MACD of -1.38 indicates Negative momentum. The RSI at 49.64 is Neutral, neither overbought nor oversold. The STOCH value of 62.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:5929.

Sanwa Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
5929	76 Outperform	$996.76B	17.67	19.96%	2.03%	6.35%	30.39%
Sector *	65 Neutral	$2.61B	15.21	15.18%	3.67%	0.27%	26.17%
JSGCF	―	$3.72B	83.39	1.08%	5.15%	―	―
7VK	―	€1.03B	14.04	12.39%	―	―	―
5940	74 Outperform	¥9.99B	4.22		3.14%	3.90%	9.38%
5936	69 Neutral	¥5.33B	6.74		4.49%	0.31%	-2.77%
5932	54 Neutral	¥19.85B	―		3.96%	1.81%	-129.25%

Sanwa Holdings Corporate Events

Sanwa Holdings Reports Q1 2025 Financial Results

Sanwa Holdings Corporation announced the completion of an independent auditor’s review of its consolidated financial statements for the three months ended June 30, 2025. The company reported a slight decline in net sales and profits compared to the previous year, indicating a challenging quarter. Despite the decrease in comprehensive income, the company maintains a strong equity ratio, suggesting stability in its financial position. The announcement includes no changes to the previously forecasted dividends, indicating confidence in future financial performance.

The most recent analyst rating on (JP:5929) stock is a Hold with a Yen4000.00 price target. To see the full list of analyst forecasts on Sanwa Holdings stock, see the JP:5929 Stock Forecast page.

Sanwa Holdings Reports Slight Decline in Q1 2025 Financial Performance

Sanwa Holdings Corporation reported a slight decline in its financial performance for the three months ended June 30, 2025, with net sales and profits showing a year-on-year decrease. The company experienced a 1.1% drop in net sales and a 1.5% decrease in profit attributable to owners of the parent compared to the same period in 2024. Despite these declines, the company maintains a strong equity ratio and has not revised its dividend forecast or consolidated results forecast for the fiscal year ending March 31, 2026. This stability in forecasts suggests a cautious but steady outlook for the company amidst the current market conditions.

The most recent analyst rating on (JP:5929) stock is a Hold with a Yen4000.00 price target. To see the full list of analyst forecasts on Sanwa Holdings stock, see the JP:5929 Stock Forecast page.

Sanwa Holdings Cancels 2 Million Treasury Shares

Sanwa Holdings Corporation has announced the cancellation of 2,000,000 shares of its treasury stock, representing 0.9% of its issued shares, with the cancellation scheduled for August 19, 2025. This move is likely to impact the company’s share value and market positioning by reducing the number of outstanding shares, potentially increasing shareholder value.

The most recent analyst rating on (JP:5929) stock is a Hold with a Yen4000.00 price target. To see the full list of analyst forecasts on Sanwa Holdings stock, see the JP:5929 Stock Forecast page.

Sanwa Holdings Completes Disposal of Treasury Stock for Compensation

Sanwa Holdings Corporation has completed the disposal of treasury stock as restricted stock compensation, as resolved in their June 25, 2025, Board of Directors meeting. This move involves the disposal of 40,766 shares at a value of ¥4,781 per share, amounting to a total disposal value of ¥194,902,246. The shares are allocated to directors, executive officers, and executive employees, indicating a strategic approach to incentivize key personnel within the company.

The most recent analyst rating on (JP:5929) stock is a Hold with a Yen4000.00 price target. To see the full list of analyst forecasts on Sanwa Holdings stock, see the JP:5929 Stock Forecast page.

Sanwa Holdings Completes Share Buyback Initiative

Sanwa Holdings Corporation has completed a share buyback program, repurchasing 81,200 shares of common stock for a total cost of 394,108,800 yen through market purchases on the Tokyo Stock Exchange. This move is part of a broader initiative authorized by the Board of Directors to repurchase up to 2.90 million shares, aiming to enhance shareholder value and optimize capital structure.

The most recent analyst rating on (JP:5929) stock is a Hold with a Yen4000.00 price target. To see the full list of analyst forecasts on Sanwa Holdings stock, see the JP:5929 Stock Forecast page.

Sanwa Holdings Completes Major Share Buyback

Sanwa Holdings Corporation has announced the completion of a significant share buyback program, repurchasing 1,251,900 shares at a cost of 6,123,484,100 yen from June 1 to June 30, 2025. This move is part of a broader strategy to repurchase up to 2.90 million shares, potentially impacting the company’s market position and shareholder value.

The most recent analyst rating on (JP:5929) stock is a Hold with a Yen3200.00 price target. To see the full list of analyst forecasts on Sanwa Holdings stock, see the JP:5929 Stock Forecast page.

Sanwa Holdings Announces Treasury Stock Disposal for Compensation Plan

Sanwa Holdings Corporation has announced a disposal of treasury stock as part of its restricted stock compensation plan, resolved at a recent Board of Directors meeting. This initiative is designed to incentivize directors and executive employees to enhance corporate value and align their interests with shareholders. The plan involves the disposal of 40,766 shares of common stock, valued at approximately 194.9 million yen, to eligible directors and employees, with specific transfer restrictions in place to ensure alignment with company goals.

The most recent analyst rating on (JP:5929) stock is a Hold with a Yen4000.00 price target. To see the full list of analyst forecasts on Sanwa Holdings stock, see the JP:5929 Stock Forecast page.

Sanwa Holdings Reports Progress on Share Buyback Program

Sanwa Holdings Corporation, a company listed on the Prime Section of the Tokyo Stock Exchange, has announced the progress of its share buyback program. The company repurchased 681,200 shares of its common stock for a total cost of 3,482,148,800 yen between May 20, 2025, and May 31, 2025, as part of a resolution to buy back up to 2.90 million shares by September 30, 2025. This move is likely aimed at enhancing shareholder value and optimizing the capital structure.

The most recent analyst rating on (JP:5929) stock is a Hold with a Yen3200.00 price target. To see the full list of analyst forecasts on Sanwa Holdings stock, see the JP:5929 Stock Forecast page.