Sanwa Holdings Corporation (JP:5929)
:5929
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Sanwa Holdings
(5929)
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Rating:72Outperform
Price Target:
¥4,278.00
▲(8.88% Upside)
Action:UpgradedDate:01/31/26
The score is driven primarily by strong financial performance (growth, margins, and improving free cash flow) and supportive valuation (moderate P/E and solid dividend yield). These positives are meaningfully offset by weak technicals, with the stock trading below key moving averages and showing bearish momentum despite oversold indicators.
Positive Factors
Sustained revenue growth
Sanwa has delivered multi-year top-line expansion, nearly doubling revenue over four years. Durable revenue growth signals expanding product adoption and scale across new-build and renovation channels, improving operating leverage and underpinning medium-term earnings resilience.
Negative Factors
Significant absolute debt
Despite improving ratios, absolute total debt stays material. In a prolonged industry slowdown or if cash conversion weakens, servicing or refinancing this stock of debt could strain liquidity or force tighter capital allocation, limiting strategic flexibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained revenue growth
Sanwa has delivered multi-year top-line expansion, nearly doubling revenue over four years. Durable revenue growth signals expanding product adoption and scale across new-build and renovation channels, improving operating leverage and underpinning medium-term earnings resilience.
Read all positive factors
Sanwa Holdings (5929) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥746.93B
Dividend Yield2.94%
Average Volume (3M)578.58K
Price to Earnings (P/E)18.7
Beta (1Y)0.91
Revenue Growth2.90%
EPS Growth36.64%
CountryJP
Employees12,930
SectorIndustrials
Sector Strength72
IndustryConstruction
Share Statistics
EPS (TTM)54.51
Shares Outstanding221,000,000
10 Day Avg. Volume524,110
30 Day Avg. Volume578,576
Financial Highlights & Ratios
PEG Ratio0.52
Price to Book (P/B)3.22
Price to Sales (P/S)1.56
P/FCF Ratio16.91
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)295.11
Revenue Forecast (FY)¥686.30B
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...
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 do...
Sanwa Holdings Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
80
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 660.78B | 662.38B | 611.11B | 588.16B | 468.96B | 427.06B |
| Gross Profit | 218.94B | 219.14B | 197.99B | 180.47B | 139.00B | 127.86B |
| EBITDA | 96.45B | 96.70B | 81.44B | 71.09B | 48.44B | 44.65B |
| Net Income | 57.41B | 57.51B | 43.23B | 33.08B | 22.84B | 21.25B |
Balance Sheet | ||||||
| Total Assets | 487.98B | 534.61B | 491.70B | 442.27B | 386.24B | 375.16B |
| Cash, Cash Equivalents and Short-Term Investments | 113.57B | 134.39B | 107.80B | 72.25B | 61.90B | 89.81B |
| Total Debt | 44.88B | 56.98B | 56.83B | 59.59B | 51.50B | 69.55B |
| Total Liabilities | 191.46B | 210.41B | 206.20B | 199.92B | 182.92B | 193.77B |
| Stockholders Equity | 294.44B | 322.14B | 283.81B | 240.91B | 201.94B | 180.11B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 61.29B | 59.06B | 24.38B | 11.24B | 41.37B |
| Operating Cash Flow | 0.00 | 76.94B | 72.43B | 34.42B | 20.53B | 50.14B |
| Investing Cash Flow | 0.00 | -30.17B | -24.82B | -15.94B | -21.35B | -11.18B |
| Financing Cash Flow | 0.00 | -42.89B | -26.24B | -9.89B | -27.36B | -6.10B |
Sanwa Holdings Technical Analysis
Negative
3929.00
Price Trends
3759.21
Negative
3875.88
Negative
4174.07
Negative
Market Momentum
-67.11
Negative
42.41
Neutral
41.84
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5929, the sentiment is Negative. The current price of 3929 is above the 20-day moving average (MA) of 3634.55, above the 50-day MA of 3759.21, and below the 200-day MA of 4174.07, indicating a bearish trend. The MACD of -67.11 indicates Negative momentum. The RSI at 42.41 is Neutral, neither overbought nor oversold. The STOCH value of 41.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:5929.
Sanwa Holdings Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | ¥609.86B | 13.13 | ― | 2.13% | 15.98% | 82.99% | |
72 Outperform | ¥746.93B | 18.66 | 18.72% | 2.94% | 2.90% | 36.64% | |
67 Neutral | ¥837.39B | 9.02 | 0.85% | 2.36% | -0.03% | -89.02% | |
67 Neutral | ¥103.53B | 8.48 | 2.57% | 3.57% | 2.69% | 1.74% | |
66 Neutral | ¥128.30B | 10.42 | 12.89% | 3.40% | 2.98% | 41.11% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
52 Neutral | ¥470.01B | 16.11 | 1.44% | 4.80% | 0.68% | ― |
* Industrials Sector Average
JP:5929
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Sanwa Holdings Corporate Events
Sanwa Holdings Nears Completion of ¥10 Billion Share Buyback Program
Mar 2, 2026
Sanwa Holdings has reported progress on the share buyback authorized by its board on October 31, 2025, under provisions of the Companies Act. The company repurchased 557,900 common shares on the Tokyo Stock Exchange between February 1 and February...
Sanwa Holdings Confirms Reviewed Nine-Month Results, Keeps Higher Dividend Outlook
Feb 13, 2026
Sanwa Holdings reported consolidated net sales of ¥468.2 billion for the nine months ended December 31, 2025, down 1.5% year on year, with operating profit slipping 2.5% to ¥49.7 billion and ordinary profit falling 4.8% to ¥51.0 bil...
Sanwa Holdings Reports Progress on ¥10 Billion Share Buyback Program
Feb 2, 2026
Sanwa Holdings Corporation reported the progress of its ongoing share buyback program authorized by its board on October 31, 2025, under which it is repurchasing common stock via market purchases on the Tokyo Stock Exchange. Between January 1 and ...
Sanwa Holdings Posts Slight Sales Decline as Weak Volumes and FX Offset Price Gains
Jan 30, 2026
Sanwa Holdings reported a 1.5% year-on-year decline in consolidated net sales for the first nine months of FY2025, to ¥468.2 billion, as lower sales volumes across all regions and adverse foreign exchange effects outweighed steady price pass-...
Sanwa Holdings Delivers Stable Earnings Amid Slight Sales Decline and Lifts Dividend Forecast
Jan 30, 2026
Sanwa Holdings reported marginally softer results for the nine months to December 31, 2025, with net sales slipping 1.5% year-on-year to ¥468.2 billion and operating profit down 2.5% to ¥49.7 billion, while ordinary profit fell 4.8%. Des...
Sanwa Holdings Reports Progress on Ongoing Share Buyback Program
Jan 5, 2026
Sanwa Holdings Corporation reported progress on its ongoing share buyback program authorized by its board in October 2025, conducted via market purchases on the Tokyo Stock Exchange. Between December 1 and December 31, 2025, the company repurchase...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.