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Sato Foods Co., Ltd. logo

Sato Foods Co., Ltd.

2923.T

JPXConsumer DefensivePackaged Foods

Open in GoAI

Latest quote

¥8,400

+¥40.00 · +0.48%

Aug 24, 3:30 PM JST

2923.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Sato Foods Co., Ltd. engages in the manufacture and sale of packed mochi and rice. Its products include Satos Rice, Satos mochi, and Satos Kagami-mochi. The company was founded by Kansaku Sato in April 1950 and is headquartered in Niigata, Japan.

Industry
Packaged Foods
Sector
Consumer Defensive
Headquarters
JP
CEO
Narihiro Murakami
Listed since
Apr 11, 2001
Employees
717

Market position

Day range

Current ¥8,400

52-week range

Current ¥8,400

Open
¥8,430
Previous close
¥8,360
Volume
2.2K
0.7× average
Average volume
3.14K
Average daily volume
Market cap
42.37B JPY
Beta
0.1
Market reference 1
50-day average
¥8,142
+3.17% above average
200-day average
¥7,686
+9.29% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
52.54B JPY
EV / EBITDA
8.39×
Earnings yield
7.79%
Free cash flow yield
-11.46%

Profitability & efficiency

Return on equity
11.27%
Return on assets
4.83%
Return on invested capital
5.01%

Financial health

Current ratio
1.57×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends29%20%11%2%Gross margin, FY2021: 26.68%Gross margin, FY2022: 25.23%Gross margin, FY2023: 26.21%Gross margin, FY2024: 24.74%Gross margin, FY2025: 26.21%Operating margin, FY2021: 6.91%Operating margin, FY2022: 5.67%Operating margin, FY2023: 6.24%Operating margin, FY2024: 5.80%Operating margin, FY2025: 6.44%Net margin, FY2021: 4.96%Net margin, FY2022: 4.64%Net margin, FY2023: 5.39%Net margin, FY2024: 4.19%Net margin, FY2025: 5.41%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 26.68%. Gross margin FY2022 25.23%. Gross margin FY2023 26.21%. Gross margin FY2024 24.74%. Gross margin FY2025 26.21%. Operating margin FY2021 6.91%. Operating margin FY2022 5.67%. Operating margin FY2023 6.24%. Operating margin FY2024 5.80%. Operating margin FY2025 6.44%. Net margin FY2021 4.96%. Net margin FY2022 4.64%. Net margin FY2023 5.39%. Net margin FY2024 4.19%. Net margin FY2025 5.41%.

Income trends

Revenue

51.78B JPY+11.39%

Operating income

3.34B JPY+23.70%

Net income

2.8B JPY+43.67%
Income trends across reported periods56.77B JPY36.8B JPY16.82B JPY−3.15B JPYRevenue, FY2021: 39.05B JPYRevenue, FY2022: 39.67B JPYRevenue, FY2023: 42.58B JPYRevenue, FY2024: 46.48B JPYRevenue, FY2025: 51.78B JPYOperating income, FY2021: 2.7B JPYOperating income, FY2022: 2.25B JPYOperating income, FY2023: 2.66B JPYOperating income, FY2024: 2.7B JPYOperating income, FY2025: 3.34B JPYNet income, FY2021: 1.94B JPYNet income, FY2022: 1.84B JPYNet income, FY2023: 2.3B JPYNet income, FY2024: 1.95B JPYNet income, FY2025: 2.8B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 39.05B JPY. Revenue FY2022 39.67B JPY. Revenue FY2023 42.58B JPY. Revenue FY2024 46.48B JPY. Revenue FY2025 51.78B JPY. Operating income FY2021 2.7B JPY. Operating income FY2022 2.25B JPY. Operating income FY2023 2.66B JPY. Operating income FY2024 2.7B JPY. Operating income FY2025 3.34B JPY. Net income FY2021 1.94B JPY. Net income FY2022 1.84B JPY. Net income FY2023 2.3B JPY. Net income FY2024 1.95B JPY. Net income FY2025 2.8B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue51.78B JPY46.48B JPY42.58B JPY39.67B JPY39.05B JPY
Cost of goods sold38.2B JPY34.98B JPY31.42B JPY29.66B JPY28.63B JPY
Gross profit13.57B JPY11.5B JPY11.16B JPY10.01B JPY10.42B JPY
Research and development—143.22M JPY129.59M JPY130.06M JPY152.19M JPY
Selling, general, and administrative10.23B JPY8.66B JPY8.38B JPY7.63B JPY7.57B JPY
Operating expenses10.23B JPY8.8B JPY8.5B JPY7.76B JPY7.72B JPY
Interest income245K JPY59K JPY12K JPY27K JPY16K JPY
Interest expense181.3M JPY155.42M JPY68.47M JPY40.47M JPY33.99M JPY
Depreciation and amortization2.93B JPY3B JPY2.31B JPY2.17B JPY2.1B JPY
Operating income3.34B JPY2.7B JPY2.66B JPY2.25B JPY2.7B JPY
Net income2.8B JPY1.95B JPY2.3B JPY1.84B JPY1.94B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-231.44

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates458.18211.28-35.62-282.52Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Q3 2024, reported Sep 10, 2024: actual 33.89, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Dec 10, 2024: actual 111.21, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 7, 2025: actual 232, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 11, 2025: actual 9.41, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 31, 2025: actual 211.55, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 31, 2025: actual 167.97, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 10, 2026: actual 407.1, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Jun 12, 2026: actual -231.44, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates20.96B16.16B11.36B6.55BQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Q3 2024, reported Sep 10, 2024: actual 7.55B JPY, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Dec 10, 2024: actual 11.1B JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 7, 2025: actual 17.65B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 11, 2025: actual 10.18B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 31, 2025: actual 8.94B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 31, 2025: actual 11.54B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 10, 2026: actual 19.97B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Jun 12, 2026: actual 11.33B JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥70.00

2025 complete year+59.1% since 2021

2026 partial: ¥75.00

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Apr 28, 2026

¥75.00

Irregular

Record Apr 30, 2026 · Payment Jul 23, 2026

Dividend

Ex-dividend Apr 28, 2025

¥70.00

Special

Record Apr 30, 2025 · Payment Jul 31, 2025

Dividend

Ex-dividend Apr 26, 2024

¥60.00

Annual

Record Apr 30, 2024 · Payment Jul 24, 2024

Dividend

Ex-dividend Apr 27, 2023

¥55.00

Annual

Record Apr 30, 2023 · Payment Jul 25, 2023

Dividend

Ex-dividend Apr 27, 2022

¥50.00

Annual

Record Apr 30, 2022 · Payment Jul 21, 2022

Dividend

Ex-dividend Apr 28, 2021

¥44.00

Special

Record Apr 30, 2021 · Payment Jul 21, 2021

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