Sankyo Tateyama, Inc. (5932) AI Stock Analysis

• Market Cap: ¥21.83B
• Dividend Yield: 4.03%
• Average Volume (3M): 109.68K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.81
• Revenue Growth: 1.03%
• EPS Growth: -92.80%
• Country: JP
• Employees: 10,289
• Sector: Industrials
• Sector Strength: 72
• Industry: Construction
• EPS (TTM): N/A
• Shares Outstanding: 31,554,628
• 10 Day Avg. Volume: 194,680
• 30 Day Avg. Volume: 109,680
• PEG Ratio: -0.06
• Price to Book (P/B): 0.21
• Price to Sales (P/S): 0.05
• P/FCF Ratio: -1.92
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: ¥703.00 ▲(10.53% Upside)
• Action: Reiterated Date: 10/09/25
• Date: Action: Reiterated 10/09/25

The overall stock score reflects significant challenges in financial performance, particularly in profitability and cash flow management. Technical analysis shows mixed signals with some support levels but limited momentum. Valuation is impacted by negative earnings, though the dividend yield offers some compensation.

Positive Factors

Stable balance sheet

A moderate debt-to-equity position and a stable equity ratio give Sankyo Tateyama durable financial flexibility. Over 2–6 months this supports funding for working capital and targeted capex through construction cycles, reducing refinancing pressure versus highly leveraged peers.

Recent revenue pickup

A material year-over-year revenue increase indicates improving top-line traction in its core building-products markets. If sustained, higher sales can support better operational leverage, improve gross margin recovery, and provide runway for product investment and customer retention.

Specialized building-materials niche

Concentration on architectural aluminum components and building-envelope solutions creates a specialized product moat. This structural niche fosters repeat business with construction and renovation projects, enabling stable demand and potential for higher-margin custom solutions over time.

Negative Factors

Profitability weakness

Persistent negative net income and shrinking margins signal structural profitability problems. Over months this impairs retained earnings and limits ability to invest in process improvements or new products, requiring either pricing recovery or meaningful cost restructuring to restore sustainable profit.

Cash-flow volatility

Volatile and recently negative free cash flow undermines liquidity and operational resilience. Weak conversion of earnings into cash increases reliance on external funding for capex and working capital, elevating execution risk and constraining strategic investment over the medium term.

Low returns & EPS collapse

A near-100% EPS decline and negative ROE reflect failure to generate shareholder returns. Structurally weak profitability reduces reinvestment capacity and could limit access to capital; without improved margins or profitable growth, restoring ROE is a multi-quarter challenge.

Sankyo Tateyama, Inc. Business Overview & Revenue Model

Company Description

Sankyo Tateyama, Inc. develops, manufactures, and sells building, housing, and exterior construction materials in Japan. It also manufactures and sells fabricated products made of rolled aluminum and other metals. In addition, the company engages in the casting, extrusion, fabrication, and sale of aluminum and magnesium; sale of commercial and general-purpose display fixtures; manufacture and sale of standard signs and other signage products; and maintenance of stores related equipment. Sankyo Tateyama, Inc. was founded in 1960 and is headquartered in Takaoka, Japan.

How the Company Makes Money

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Sankyo Tateyama, Inc. Financial Statement Overview

Summary

Sankyo Tateyama, Inc. faces challenges in profitability and cash flow management, with inconsistent revenue growth and negative net income. The balance sheet is stable, but cash flow volatility and low return on equity are concerning.

Income Statement

Sankyo Tateyama, Inc. has shown inconsistent revenue growth with a slight increase in the latest year. However, the company is struggling with profitability, as evidenced by negative net income and declining EBIT margins. The gross profit margin has also decreased over time, indicating potential cost management issues.

Balance Sheet

The company maintains a moderate debt-to-equity ratio, which suggests a balanced approach to leveraging. However, the return on equity has been negative or very low in recent years, reflecting challenges in generating returns for shareholders. The equity ratio is stable, indicating a solid asset base.

Cash Flow

Sankyo Tateyama, Inc. has experienced significant volatility in free cash flow, with recent negative figures indicating cash management challenges. The operating cash flow to net income ratio is low, suggesting inefficiencies in converting income into cash. The free cash flow to net income ratio is also concerning, highlighting potential liquidity issues.

Breakdown	TTM	May 2024	May 2023	May 2022	May 2021	May 2020
Income Statement
Total Revenue	356.74B	359.42B	353.03B	370.38B	340.55B	301.18B
Gross Profit	67.92B	69.76B	70.14B	67.27B	69.28B	69.01B
EBITDA	8.33B	10.04B	11.39B	12.92B	12.14B	13.27B
Net Income	-3.06B	-2.34B	-1.02B	1.63B	395.00M	1.68B
Balance Sheet
Total Assets	298.87B	300.45B	289.98B	282.93B	268.47B	252.94B
Cash, Cash Equivalents and Short-Term Investments	21.35B	21.53B	24.66B	22.39B	19.91B	25.36B
Total Debt	93.40B	89.37B	80.37B	84.41B	71.55B	70.29B
Total Liabilities	203.48B	205.65B	190.49B	190.27B	182.87B	168.85B
Stockholders Equity	91.84B	91.24B	96.14B	89.49B	82.56B	81.30B
Cash Flow
Free Cash Flow	0.00	-10.06B	8.45B	-7.78B	-5.16B	806.00M
Operating Cash Flow	0.00	3.22B	17.20B	-171.00M	2.40B	7.85B
Investing Cash Flow	0.00	-14.33B	-8.62B	-7.27B	-7.59B	-9.10B
Financing Cash Flow	0.00	7.47B	-6.77B	10.55B	274.00M	-663.00M

Sankyo Tateyama, Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 636.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5932, the sentiment is Positive. The current price of 636 is below the 20-day moving average (MA) of 692.45, below the 50-day MA of 669.40, and above the 200-day MA of 626.34, indicating a bullish trend. The MACD of 3.84 indicates Positive momentum. The RSI at 53.86 is Neutral, neither overbought nor oversold. The STOCH value of 46.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:5932.

Sankyo Tateyama, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7949	77 Outperform	¥49.83B	14.35	―	3.74%	3.70%	12.26%
7943	66 Neutral	¥111.63B	13.03	―	3.53%	-0.58%	-46.15%
5930	66 Neutral	¥133.54B	10.42	12.89%	3.40%	2.98%	41.11%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
5936	63 Neutral	¥6.12B	4.98	―	4.13%	2.76%	-10.23%
5932	52 Neutral	¥21.83B	-3.36	―	4.03%	1.03%	-92.80%
5938	50 Neutral	$504.07B	16.11	1.44%	4.80%	0.68%	―

Sankyo Tateyama, Inc. Corporate Events

Sankyo Tateyama to Sell Tokyo Office, Book ¥4.6 Billion Gain

Sankyo Tateyama has decided to sell an office property it owns in the Nihonbashi Hamacho area of Tokyo, comprising land of 579.50 square meters and a building with a total floor area of 2,760.29 square meters. The move is aimed at improving the efficiency of its management resources and bolstering its financial base, though the buyer’s identity and transaction price remain undisclosed.

The transaction is expected to generate an estimated gain of about ¥4.6 billion, which will be booked as gain on sale of non-current assets in the fiscal year ending May 31, 2026. As this one-off profit was not included in the company’s previously announced earnings forecast, Sankyo Tateyama is reviewing its full-year outlook and may revise guidance, a development that could meaningfully alter earnings expectations for shareholders and other stakeholders.

The most recent analyst rating on (JP:5932) stock is a Hold with a Yen678.00 price target. To see the full list of analyst forecasts on Sankyo Tateyama, Inc. stock, see the JP:5932 Stock Forecast page.

Sankyo Tateyama Launches Voluntary Retirement Program as Part of Structural Reform

Sankyo Tateyama has decided to introduce a voluntary retirement program as part of a broader structural reform aimed at overhauling its revenue structure and accelerating performance recovery under its revised medium-term management plan. The program targets up to 150 employees aged 50 to under 65, with applications accepted in March 2026 and retirements effective at the end of May 2026, offering special additional retirement payments and reemployment support, while the associated costs will be booked as extraordinary losses in the fiscal year ending May 31, 2026, potentially impacting near-term earnings but intended to streamline operations and improve long-term efficiency.

The most recent analyst rating on (JP:5932) stock is a Hold with a Yen636.00 price target. To see the full list of analyst forecasts on Sankyo Tateyama, Inc. stock, see the JP:5932 Stock Forecast page.

Sankyo Tateyama Books Restructuring Losses as German Overhaul Advances, Bonn Land Sale to Deliver Gain

Sankyo Tateyama has substantially advanced its restructuring of European operations, confirming that personnel reductions at its German subsidiaries ST Extruded Products Germany and ST Deutschland exceeded initial plans, with 123 employees ultimately cut versus the roughly 100 originally targeted. As a result, the company recorded approximately ¥1.18 billion in business restructuring expenses as extraordinary losses in the first half of the fiscal year ending May 31, 2026, highlighting the near-term financial cost of its cost-cutting drive. In parallel, the company completed the transfer of about 17,000 square meters out of roughly 53,000 square meters of land and buildings slated for sale at its Bonn plant in October 2025, with the remaining transfers scheduled by the end of March 2026, and it expects to book around ¥1.9 billion in gains from the partial sale in the current fiscal year. These moves form part of broader structural reforms aimed at improving profitability in Europe, and management is considering further measures in response to the economic environment in Germany, with potential implications for the scale and configuration of its European footprint and for stakeholders connected to its German operations.

The most recent analyst rating on (JP:5932) stock is a Hold with a Yen636.00 price target. To see the full list of analyst forecasts on Sankyo Tateyama, Inc. stock, see the JP:5932 Stock Forecast page.

Sankyo Tateyama Swings to Loss but Keeps Dividend and Full-Year Outlook Intact

Sankyo Tateyama reported consolidated net sales of ¥178.8 billion for the six months ended November 30, 2025, down 1.9% year on year, with operating profit plunging 81.9% to ¥321 million and ordinary profit dropping 95.3% to ¥72 million, resulting in a net loss attributable to owners of parent of ¥2.1 billion compared with a small profit a year earlier. Despite this earnings deterioration, total assets edged up to ¥306.3 billion and equity increased slightly, the equity ratio remained around 30%, the semiannual dividend of ¥12.50 per share was maintained with a full-year payout of ¥25.00 per share planned, and the company left its full-year forecast unchanged, targeting modest sales growth and a rebound to profit while integrating a new consolidated subsidiary and applying special semiannual accounting treatments.

The most recent analyst rating on (JP:5932) stock is a Hold with a Yen636.00 price target. To see the full list of analyst forecasts on Sankyo Tateyama, Inc. stock, see the JP:5932 Stock Forecast page.