Overview
Retail Trade

SAN-A CO.,LTD.

San-A Co., Ltd. is Okinawa's leading general merchandise retailer, operating supermarkets and shopping centers that sell food products (fresh and processed), apparel, home appliances, and daily household goods, as well as in-store dining. The company also operates convenience stores under the 'Lawson' franchise brand in Okinawa through its 51%-owned joint venture, Lawson Okinawa Co., Ltd. San-A differentiates itself through its vertically integrated food processing capabilities, strong loyalty card program, and its flagship large-format shopping centers such as Naha Main Place and San-A Urasoe Nishikaigan PARCO CITY.

Market Cap
¥189B
US$1.21B
EV
¥144B
US$919M
Stock¥3,180▼-0.16%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
5.7
x
LTM EV/EBIT
7.7
x
LTM PER
16.8
x
LTM PBR
1.3
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-3.6%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Apr 7, 26FY results: revenue +3.5%, operating profit +0.9% YoY
MC → EV Bridge
189BUS$1.21BMarket Cap0.26BUS$1.68M+ Debt48.6BUS$310M− Cash0.75BUS$4.77M− Inv. Sec.4.27BUS$27.2M+ NCI144BUS$919MEV
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Performance & Balance
Revenue 5Y (¥B)
204US$1.30B'22/2214US$1.36B'23/2228US$1.45B'24/2237US$1.51B'25/2246US$1.57B'26/2
EBITDA 5Y (¥B)
15.8US$101M'22/218.6US$118M'23/223.6US$151M'24/223.6US$150M'25/224.0US$153M'26/2
Net Income 5Y (¥B)
6.66US$42.5M'22/27.57US$48.3M'23/210.7US$68.1M'24/211.5US$73.1M'25/210.7US$68.1M'26/2
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
32.1US$204M0.31US$2.00M'22/239.7US$254M0.30US$1.93M'23/255.3US$353M0.29US$1.84M'24/260.3US$384M0.28US$1.77M'25/280.3US$512M0.26US$1.68M'26/2
Shareholders
Top 10 hold 55.5%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
12.96%
2
Tomiko ORITA
11.41%
3
Kazuko KINJO
11.12%
4
Orita Foundation (Public Interest Incorporated Foundation)
6.73%
5
Custody Bank of Japan, Ltd. (Trust Account)
5.23%
6
Hiromichi KINJO
2.07%
7
Kimihito ORITA
1.62%
8
Norihisa ORITA
1.61%
9
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
1.41%
10
RBC IST 15 PCT NON LENDING ACCOUNT - CLIENT ACCOUNT (Standing Proxy: Citibank, N.A., Tokyo Branch)
1.38%
Management
9 officers
Sawa TOYODA
Representative Director, President
Apr 1995 Joined the Company Feb 2006 General Manager, Corporate Planning Department, the Company Nov 2009 General Manager, Corporate Planning Department and General Manager, Finance Department, the Company May 2020 Director in charge of Administration (Corporate Planning, Finance, General Affairs and Human Resources Departments), in charge of Compliance and Risk Management, the Company May 2022 Managing Director in charge of Administration (Corporate Planning, Finance, General Affairs, Human Resources and Accounting Departments), in charge of Compliance and Risk Management, the Company May 2024 Representative Director, President, the Company (current)
1969-05-11
Tamotsu GOYA
Managing Director, in charge of Sales
Apr 1989 Joined the Company Apr 2006 General Manager, Drug Department, the Company May 2020 Director in charge of Sales (Drug Department, Miscellaneous Goods and Cosmetics Department, Quality Control Office), the Company May 2022 Director in charge of Sales (Apparel Department, Electrical Appliances Department, Drug Department, Miscellaneous Goods and Cosmetics Department, Quality Control Office), the Company May 2024 Managing Director in charge of Sales (Food Department, Electrical Appliances Department, Drug Department, Miscellaneous Goods and Cosmetics Department, Food Processing Center), the Company Mar 2026 Managing Director, General Manager of Sales Headquarters and General Manager of Sales Division 1 (Food Merchandise Department, Food Store Operations Department, Drug Department, Online Sales Department, Quality Control Office), the Company (current)
1966-04-02
Hisashi TAKEDA
Managing Director, in charge of Sales
Apr 1995 Joined the Company Feb 2006 General Manager, Information Systems Department, the Company May 2020 Director in charge of Administration (Information Systems Department, Accounting Department), the Company May 2022 Director in charge of Digital Affairs (Information Systems Department, Sales Planning Department, Online Sales Department), the Company May 2024 Managing Director in charge of Sales (Apparel Department, Restaurant Department, Online Sales Department, Sales Planning Department, Information Systems Department), the Company Mar 2026 Managing Director, Deputy General Manager of Sales Headquarters and General Manager of Sales Division 2 (Apparel Department, Electrical Appliances Department, Restaurant Department, Sales Planning Department), the Company (current)
1972-07-18
Kentaro SHINJO
Director, Assistant to the President, in charge of Sales and Development
Apr 1992 Joined the Company Dec 1995 General Manager, Electrical Appliances Department, the Company May 2007 Director, General Manager, Electrical Appliances Department, the Company Sep 2012 Director, General Manager, Electrical Appliances Department and General Manager, Sales Promotion Planning Department, the Company May 2013 Managing Director in charge of Electrical Appliances and Sales Planning, the Company Feb 2014 Managing Director in charge of Sales (Apparel, Drug, Electrical Appliances, Sales Planning and Online Sales Departments), the Company May 2020 Senior Managing Director in charge of Sales (Apparel, Electrical Appliances, Sales Planning and Online Sales Departments), the Company May 2022 Representative Director, President, the Company May 2024 Director, Assistant to the President, the Company May 2025 Director, Assistant to the President, in charge of Sales and Development, the Company (current)
1968-11-15
Toshiki TAKAESU
Director, in charge of Administration
Apr 2003 Joined the Company Feb 2020 General Manager, Human Resources Department, the Company Sep 2023 General Manager, Human Resources Department and General Manager, General Affairs Department, the Company May 2025 Director in charge of Administration, the Company Mar 2026 Director, General Manager of Corporate Headquarters (General Affairs, Human Resources, Human Capital Development, Finance and Information Systems Departments), in charge of Compliance and Risk Management, the Company (current)
1979-07-27
Kumiko UEMA
Director (Audit and Supervisory Committee Member, Full-time)
Sep 1983 Joined the Company Feb 2004 General Manager, Internal Audit Office, the Company May 2021 Director (Audit and Supervisory Committee Member), the Company (current)
1963-05-27
Seiko NOZAKI
Outside Director (Audit and Supervisory Committee Member)
Oct 2002 Registered with the Second Tokyo Bar Association Oct 2002 Joined Mori Hamada & Matsumoto Aug 2006 Registered with the Okinawa Bar Association Sep 2006 Joined Miyazaki Law Office (now Naha Sogo Law Corporation) Jan 2013 Established Umuyasu Law Office (now Umuyasu Law and Accounting Office); Representative (current) May 2015 Outside Director, the Company May 2017 Outside Director (Audit and Supervisory Committee Member), the Company (current) Jun 2019 Outside Director, The Okinawa Electric Power Company, Incorporated (current)
1974-02-25
Shinji SAKAKI
Outside Director (Audit and Supervisory Committee Member)
Apr 1980 Joined Tokyu Land Corporation Apr 2006 Executive Officer, General Manager of Corporate Planning Division, Tokyu Land Corporation Jun 2007 Director, Managing Executive Officer, Tokyu Hands Inc. Apr 2011 Representative Director, President, Tokyu Hands Inc. Jun 2014 Director (concurrent), Tokyu Fudosan Holdings Corporation Apr 2015 Representative Director, President, Tokyu Livable Inc. Apr 2019 Chairman of the Board, Tokyu Livable Inc. Apr 2022 Advisor, Tokyu Livable Inc. (current) May 2022 Outside Director (Audit and Supervisory Committee Member), the Company (current) Jun 2022 Outside Director, Morinaga & Co., Ltd. (current) Mar 2024 Outside Director, Senshukai Co., Ltd. (current)
1957-01-23
Eriko MIYAGUNI
Outside Director (Audit and Supervisory Committee Member)
Apr 1994 Joined The Bank of the Ryukyus, Limited Apr 2019 General Manager, Higawa Branch, The Bank of the Ryukyus, Limited Jun 2022 General Manager, Research Department, Ryugin Research Institute, Inc. Mar 2023 Director, General Manager, Research Department, Ryugin Research Institute, Inc. Dec 2024 Managing Director, General Manager, Research Department, Ryugin Research Institute, Inc. May 2025 Managing Director, Ryugin Research Institute, Inc. (current) May 2025 Outside Director (Audit and Supervisory Committee Member), the Company (current)
1971-11-10
Large Shareholding Reports
Burgundy Asset Management Ltd.
2025-08-20
5.04%→1.58%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-14
Semi-Annual Securities Report
Period: Mar 2026 – Aug 2026
TDnet
2026-10-06
Q2 Earnings Flash
FY ending Feb 2027
TDnet
2026-07-07
Q1 Earnings Flash
FY ending Feb 2027
EDINET
2026-05-25
Annual Securities Report
Period: Mar 2025 – Feb 2026
TDnet
2026-01-07
Q3 Earnings Flash
FY ending Feb 2026
EDINET
2025-10-14
Semi-Annual Securities Report
Period: Mar 2025 – Aug 2025
EDINET
2025-08-20
Large Shareholding Report
TDnet
2025-07-04
Q1 Earnings Flash
FY ending Feb 2026
EDINET
2025-05-28
Annual Securities Report
Period: Mar 2024 – Feb 2025
TDnet
2025-01-08
Q3 Earnings Flash
FY ending Feb 2025
EDINET
2024-10-11
Semi-Annual Securities Report
Period: Mar 2024 – Feb 2025
EDINET
2024-07-12
Quarterly Securities Report
Period: Mar 2024 – May 2024
TDnet
2024-07-05
Q1 Earnings Flash
FY ending Feb 2025
EDINET
2024-05-29
Annual Securities Report
Period: Mar 2023 – Feb 2024
EDINET
2024-01-12
Quarterly Securities Report
Period: Sep 2023 – Nov 2023
EDINET
2023-10-13
Quarterly Securities Report
Period: Jun 2023 – Aug 2023
EDINET
2023-07-14
Quarterly Securities Report
Period: Mar 2023 – May 2023
EDINET
2023-05-26
Annual Securities Report
Period: Mar 2022 – Feb 2023
EDINET
2023-01-13
Quarterly Securities Report
Period: Sep 2022 – Nov 2022
EDINET
2022-10-14
Quarterly Securities Report
EDINET
2022-07-14
Quarterly Securities Report
EDINET
2022-05-27
Annual Securities Report
EDINET
2022-01-14
Quarterly Securities Report
TDnet
2022-01-05
Q3 Earnings Flash
FY ending Feb 2022
EDINET
2021-10-14
Quarterly Securities Report
EDINET
2021-07-14
Quarterly Securities Report
EDINET
2021-05-26
Annual Securities Report
EDINET
2021-01-14
Quarterly Securities Report
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