Sapporo Holdings Limited logo

Sapporo Holdings Limited

2501.T

JPXConsumer DefensiveBeverages - Alcoholic

Latest quote

¥1,917

+¥0.50 · +0.03%

Aug 24, 3:30 PM JST

2501.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Established in Tokyo, Japan, in 1876, Sapporo Holdings Limited operates as a diversified enterprise with a global presence, focusing on alcoholic beverages, food and soft drinks, restaurant operations, and real estate. The company organizes its business into distinct segments: Alcoholic Beverages, Food & Soft Drinks, and Real Estate. Within its extensive portfolio, Sapporo produces and distributes a wide array of alcoholic products, including beer (marketed under popular brands such as Black label, Yebisu, GOLD STAR, and Mugi to Hop), wine, shochu, and various other spirits. The Food & Soft Drinks division is responsible for an assortment of offerings, ranging from lemon-based flavors, soft drinks, and soups to soybeans, chilled products, ice cream, miso, instant miso soup, and freeze-dried items. This segment also encompasses the import, processing, and sale of spices, herbs, and dehydrated vegetables, in addition to managing factories, vending machines, and a chain of cafés. In the hospitality sector, Sapporo Holdings operated 163 restaurant outlets as of March 31, 2021. Its real estate activities include the development, leasing, rental, and sale of properties, alongside providing utility services. Furthermore, the company offers comprehensive logistics solutions, covering consigned freight forwarding, cargo handling, warehousing, packaging, and distribution services.

Industry
Beverages - Alcoholic
Sector
Consumer Defensive
Headquarters
JP
CEO
Hiroshi Tokimatsu
Listed since
Oct 31, 1949
Employees
6,102

Market position

Day range

Current ¥1,917

52-week range

Current ¥1,917

Open
¥1,910
Previous close
¥1,916.5
Volume
964.3K
0.71× average
Average volume
1.35M
Average daily volume
Market cap
747.33B JPY
Beta
-0.09
Market reference 1
50-day average
¥1,947.69
-1.58% below average
200-day average
¥1,740.48
+10.14% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
833.37B JPY
P/E (TTM)
2.39×
P/B (TTM)
1.46×
P/S (TTM)
1.5×
EV / EBITDA
16.8×
Earnings yield
2.97%
Free cash flow yield
4.97%
Dividend yield
6.68%

Profitability & efficiency

Gross margin
33.36%
Operating margin
4.98%
Net margin
62.87%
Return on equity
8.91%
Return on assets
2.98%
Return on invested capital
3.39%

Financial health

Debt / equity
0.29×
Current ratio
1.56×
Altman Z-score
2.84
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends36%23%11%-2%Gross margin, FY2021: 30.60%Gross margin, FY2022: 29.10%Gross margin, FY2023: 30.24%Gross margin, FY2024: 31.07%Gross margin, FY2025: 32.96%Operating margin, FY2021: 1.86%Operating margin, FY2022: 2.03%Operating margin, FY2023: 3.34%Operating margin, FY2024: 4.15%Operating margin, FY2025: 4.93%Net margin, FY2021: 2.82%Net margin, FY2022: 1.14%Net margin, FY2023: 1.68%Net margin, FY2024: 1.45%Net margin, FY2025: 3.85%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 30.60%. Gross margin FY2022 29.10%. Gross margin FY2023 30.24%. Gross margin FY2024 31.07%. Gross margin FY2025 32.96%. Operating margin FY2021 1.86%. Operating margin FY2022 2.03%. Operating margin FY2023 3.34%. Operating margin FY2024 4.15%. Operating margin FY2025 4.93%. Net margin FY2021 2.82%. Net margin FY2022 1.14%. Net margin FY2023 1.68%. Net margin FY2024 1.45%. Net margin FY2025 3.85%.

Income trends

Revenue

506.86B JPY-4.51%

Operating income

25.01B JPY+13.48%

Net income

19.5B JPY+152.75%
Income trends across reported periods583.32B JPY373.18B JPY163.05B JPY−47.08B JPYRevenue, FY2021: 437.16B JPYRevenue, FY2022: 478.42B JPYRevenue, FY2023: 518.63B JPYRevenue, FY2024: 530.78B JPYRevenue, FY2025: 506.86B JPYOperating income, FY2021: 8.14B JPYOperating income, FY2022: 9.74B JPYOperating income, FY2023: 17.32B JPYOperating income, FY2024: 22.04B JPYOperating income, FY2025: 25.01B JPYNet income, FY2021: 12.33B JPYNet income, FY2022: 5.45B JPYNet income, FY2023: 8.73B JPYNet income, FY2024: 7.71B JPYNet income, FY2025: 19.5B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 437.16B JPY. Revenue FY2022 478.42B JPY. Revenue FY2023 518.63B JPY. Revenue FY2024 530.78B JPY. Revenue FY2025 506.86B JPY. Operating income FY2021 8.14B JPY. Operating income FY2022 9.74B JPY. Operating income FY2023 17.32B JPY. Operating income FY2024 22.04B JPY. Operating income FY2025 25.01B JPY. Net income FY2021 12.33B JPY. Net income FY2022 5.45B JPY. Net income FY2023 8.73B JPY. Net income FY2024 7.71B JPY. Net income FY2025 19.5B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue506.86B JPY530.78B JPY518.63B JPY478.42B JPY437.16B JPY
Cost of goods sold339.82B JPY365.87B JPY361.79B JPY339.18B JPY303.38B JPY
Gross profit167.05B JPY164.92B JPY156.84B JPY139.24B JPY133.78B JPY
Research and development2.52B JPY2.56B JPY2.56B JPY2.4B JPY
Selling, general, and administrative142.04B JPY140.36B JPY136.97B JPY126.95B JPY123.24B JPY
Operating expenses142.04B JPY142.88B JPY139.52B JPY129.51B JPY125.64B JPY
Interest income2.38B JPY305M JPY323M JPY167M JPY114M JPY
Interest expense4.13B JPY3.26B JPY3B JPY1.89B JPY1.63B JPY
Depreciation and amortization22.77B JPY22.62B JPY20.97B JPY21.23B JPY22.66B JPY
Operating income25.01B JPY22.04B JPY17.32B JPY9.74B JPY8.14B JPY
Net income19.5B JPY7.71B JPY8.73B JPY5.45B JPY12.33B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
50%
4 beats, 4 misses, 0 met estimates
Average EPS surprise
+1.43%
8 comparable reports
Latest EPS result
760.02
Estimate 738.7 · Beat by 2.89%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates821.69523.62225.56-72.5Q1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 14, 2025: actual -9.73, estimate -3.34, surprise -191.20%, Miss. Q2 2025, reported May 13, 2025: actual -10.84, estimate -8.98, surprise -20.70%, Miss. Q3 2025, reported Aug 7, 2025: actual 15.42, estimate 14.75, surprise +4.54%, Beat. Q4 2025, reported Nov 12, 2025: actual 23.36, estimate 19.78, surprise +18.10%, Beat. Q1 2026, reported Feb 13, 2026: actual 22.08, estimate 5.89, surprise +274.87%, Beat. Q2 2026, reported May 14, 2026: actual -2.25, estimate -1.28, surprise -75.78%, Miss. Q3 2026, reported Aug 7, 2026: actual 760.02, estimate 738.7, surprise +2.89%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 17.74, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates159.12B140.41B121.7B102.98BQ1 '25MetQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 14, 2025: actual 145.2B JPY, estimate 145.2B JPY, surprise 0.00%, Met estimate. Q2 2025, reported May 13, 2025: actual 118.68B JPY, estimate 113.5B JPY, surprise +4.56%, Beat. Q3 2025, reported Aug 7, 2025: actual 126.02B JPY, estimate 134B JPY, surprise -5.96%, Miss. Q4 2025, reported Nov 12, 2025: actual 144.1B JPY, estimate 133.8B JPY, surprise +7.70%, Beat. Q1 2026, reported Feb 13, 2026: actual 124.27B JPY, estimate 153B JPY, surprise -18.78%, Miss. Q2 2026, reported May 14, 2026: actual 109.1B JPY, estimate 114.45B JPY, surprise -4.67%, Miss. Q3 2026, reported Aug 7, 2026: actual 126.96B JPY, estimate 124.3B JPY, surprise +2.14%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 132.6B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥18.00

2025 complete year+114.3% since 2021

2026 partial: ¥110

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Dec 29, 2026

¥20.00

Semi-Annual

Record Dec 31, 2026 · Payment Dec 29, 2026

Dividend

Ex-dividend Jun 29, 2026

¥20.00

Quarterly

Record Jun 30, 2026 · Payment Sep 14, 2026

Dividend

Ex-dividend Mar 30, 2026

¥90.00

Quarterly

Record Mar 31, 2026 · Payment Mar 30, 2026

Dividend

Ex-dividend Dec 29, 2025

¥90.00

Annual

Record Dec 31, 2025 · Payment Mar 30, 2026

Dividend

Ex-dividend Dec 27, 2024

¥52.00

Annual

Record Dec 31, 2024 · Payment Mar 31, 2025

Dividend

Ex-dividend Dec 28, 2023

¥47.00

Annual

Record Dec 31, 2023 · Payment Mar 29, 2024

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