Under supervision (confirmation) · Designated 2026-06-19 JPX notice
Overview
Retail Trade

SATUDORA HOLDINGS CO.,LTD.

The company operates primarily through two segments: a Retail segment encompassing drugstore and dispensing pharmacy operations under the Sapporo Drug Store brand, along with associated health services; and a Marketing segment providing point card programs, payment services, and inbound tourism support services. The group leverages its retail network as a platform for regional marketing and data-driven services targeting consumers in Hokkaido and beyond. Its competitive strengths include deep regional roots in the Sapporo/Hokkaido market, an integrated loyalty and payment ecosystem, and diversified revenue streams beyond pure retail.

Market Cap
¥17.2B
US$110M
EV
¥26.5B
US$169M
Stock¥1,248▲+0.00%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
9.8
x
LTM EV/EBIT
23.2
x
LTM PER
104.2
x
LTM PBR
1.7
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+31.8%pt
1001
Oct 23, 25 – Oct 23, 26StockTOPIX
1Jun 22, 26Full-year FY2026/05 earnings announced
MC → EV Bridge
17.2BUS$110MMarket Cap14.8BUS$94.4M+ Debt4.87BUS$31.1M− Cash0.70BUS$4.49M− Inv. Sec.0.11BUS$0.71M+ NCI26.5BUS$169MEV
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Performance & Balance
Revenue 5Y (¥B)
82.9US$529M'22/587.5US$558M'23/595.5US$609M'24/5100US$639M'25/5101US$641M'26/5
EBITDA 5Y (¥B)
1.95US$12.4M'22/51.58US$10.1M'23/52.71US$17.3M'24/53.06US$19.5M'25/52.99US$19.1M'26/5
Net Income 5Y (¥B)
0.32US$2.02M'22/50.09US$0.55M'23/50.47US$3.00M'24/50.77US$4.89M'25/50.43US$2.77M'26/5
Capital Structure
40%
60%
EquityD/E 1.49xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
3.22US$20.5M13.9US$88.5M'22/53.02US$19.3M18.1US$115M'23/53.39US$21.6M17.4US$111M'24/53.47US$22.1M17.2US$110M'25/52.19US$13.9M15.2US$97.1M'26/5
Shareholders
Top 10 hold 58.5%
1
Tommy Corporation Co., Ltd.
35.79%
2
Sanbanshoku Co., Ltd.
7.25%
3
Seiji HIROOKA
4.76%
4
Maki YONEHARA
3.46%
5
Aozora Shoji Co., Ltd.
2.16%
6
SDS Employee Stock Ownership Association
1.79%
7
PALTAC CORPORATION
1.30%
8
BNP PARIBAS NEW YORK BRANCH-PRIME BROKERAGE CLEARANCE ACCOUNT (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited)
0.72%
9
The Shoko Chukin Bank, Ltd.
0.65%
10
Ryusuke TAKADA
0.60%
Management
9 officers
Hiroki TOMIYAMA
Representative Director, President & CEO
Apr 1999: Joined Daika Co., Ltd. Oct 2007: Joined Sapporo Drug Store Co., Ltd. May 2011: Director, Sapporo Drug Store Co., Ltd. May 2012: Managing Director, Sapporo Drug Store Co., Ltd. May 2012: Director, Sapporo Drug Support Co., Ltd. (now Creare Co., Ltd.) Aug 2013: Representative Director, President, Regional Marketing Co., Ltd. May 2014: Representative Director, President, Creare Co., Ltd. May 2015: Representative Director, President, Sapporo Drug Store Co., Ltd. Feb 2016: Director and Vice President, Ezoden Co., Ltd. Aug 2016: Founded the Company; Representative Director, President May 2017: Representative Director, Chairman, GRIT WORKS Co., Ltd. Jul 2017: Representative Director, Chairman, AI Tokyo Lab Co., Ltd. (now AWL Co., Ltd.) Jul 2019: Representative Director, Chairman & CEO, Regional Marketing Co., Ltd. (current) Jul 2019: Director, Chairman, GRIT WORKS Co., Ltd. (current) Jul 2019: Director & CMO, AWL Co., Ltd. Aug 2020: Representative Director, President & CEO, Sapporo Drug Store Co., Ltd. (current) Aug 2020: Representative Director, President & CEO, the Company (current) Nov 2020: Outside Director, Demae-can Co., Ltd. (current) Nov 2020: Outside Director, Valuence Holdings Inc. Apr 2021: Director, AWL Co., Ltd. Oct 2022: Director, S Ventures Co., Ltd. (current) Oct 2023: Director (part-time), AWL Co., Ltd. (current)
1976-09-05
Yutaka TAKADA
Director, CHO
Apr 1986: Joined Kokumin Co., Ltd. Oct 1988: Joined Sapporo Drug Store Co., Ltd. Jun 2007: Executive Officer, Store Operations Division General Manager (renamed Store Operations General Manager, Apr 2010) May 2011: Director, Sapporo Drug Store Co., Ltd. Dec 2011: Deputy Head of Sales and General Manager, Store Operations, Sapporo Drug Store Co., Ltd. May 2012: Director, Sapporo Drug Support Co., Ltd. (now Creare Co., Ltd.) (current) Feb 2014: Deputy Head of Sales and General Manager, Pharmacy Operations, Sapporo Drug Store Co., Ltd. Feb 2015: General Manager, Education Division, Sapporo Drug Store Co., Ltd. May 2015: Managing Director, Head of Sales, Sapporo Drug Store Co., Ltd. Aug 2016: Managing Director, the Company Aug 2017: Director, Taiwan Sapporo Yakusho Co., Ltd. (current) May 2019: Managing Director, Head of Business Integration and General Manager, Drugstore Business Division, Sapporo Drug Store Co., Ltd. May 2020: Managing Director in charge of Drugstore, Wellness and Global Business Headquarters, Sapporo Drug Store Co., Ltd. Aug 2020: Director and Vice President, COO, Sapporo Drug Store Co., Ltd. Aug 2021: Managing Director, CHO, the Company Aug 2022: Representative Director, Vice President, COO, Sapporo Drug Store Co., Ltd. (current) Aug 2025: Director, CHO, the Company (current)
1964-01-20
Noriaki KONISHI
Director, CFO
Oct 1998: Joined Ernst & Young LLP (New York, USA) Oct 2002: Manager, International Department, Shin Nihon & Co. Sep 2004: Senior Manager, Midwest Japanese Business Practice, Ernst & Young LLP (Michigan, USA) Feb 2007: Senior Manager, Capital Markets Department, Shin Nihon & Co. Sep 2012: Executive Officer, Finance, AIG Japan Holdings K.K. Sep 2014: Vice President, Finance, Swiss Re Japan Branch Apr 2018: Site Lead, Transaction Risk & Compliance, Amazon Japan G.K., Sapporo Site Apr 2019: Team Leader, APAC, Risk & Compliance, Amazon Japan G.K.; Senior Operations Manager Feb 2021: Senior Program Manager, Subscription Services Group, Retail, Amazon Japan G.K. Sep 2021: Head of Advertiser Experience JP, ByteDance K.K. Jul 2023: Head of Advertiser Experience APAC, ByteDance K.K. Mar 2024: Joined the Company; Assistant to the President May 2024: CFO, Sapporo Drug Store Co., Ltd. Aug 2024: Director, S Ventures Co., Ltd. Aug 2024: Director & CFO, Sapporo Drug Store Co., Ltd. (current) Aug 2024: Director, CFO, the Company (current) Sep 2025: Audit & Supervisory Board Member, S Ventures Co., Ltd. (current) May 2026: Outside Director, Life Corporation (current)
1970-06-30
Maki NAKAMURA
Director, CHRO
Mar 1987: Joined Seiyu Ltd. Apr 2000: Divisional Manager, Textile Division, Merchandising Department, Carrefour Japan Jul 2002: Manager, Household Goods Merchandising, Seiyu Ltd. Jan 2003: Senior Director, Merchandising Reform, Seiyu Ltd. Oct 2004: Director, Daily Goods Department 1, Household Goods Division, Merchandising Department, Seiyu Ltd. Jan 2006: Senior Director, Consumables and Electronics, Seiyu Ltd. Jan 2007: VP/GMM (General Merchandising Manager), Consumables and Electronics, Seiyu Ltd. Mar 2008: VP/GMM, Grocery and Consumables, Seiyu Ltd. Jan 2009: Executive Officer, SVP, General Manager of Foods, Seiyu Ltd. Nov 2009: Executive Officer, SVP, Chief Merchandising Officer (CMO), Godo Kaisha Seiyu Aug 2012: Executive Officer, SVP, and Representative Director, President, Wakana Co., Ltd., Seiyu Aug 2017: President, HAVI Supply Chain Solutions Japan G.K. Sep 2020: Representative Director, President, Manma Co., Ltd. (current) Aug 2021: Outside Director, the Company Aug 2023: Director, CHRO, the Company (current) Mar 2024: Outside Director, Suntory Beverage & Food Ltd. (current)
1964-07-21
Takaaki YASUDA
Director
Apr 1998: Joined Lehman Brothers Securities Co., Ltd. Jun 2002: Joined UBS Securities Co., Ltd. Apr 2010: Associate Professor, Graduate School of Commerce (MBA), Otaru University of Commerce Apr 2014: Associate Professor, Faculty of Global Business, Showa Women's University Sep 2015: Associate Professor, Graduate School of Business Administration, Kobe University Jul 2020: Outside Audit & Supervisory Board Member, Linkers Co., Ltd. (current) Apr 2021: Professor, Graduate School of Business Administration, Kobe University Apr 2022: Professor, Faculty of Policy Management, Keio University (current) Jun 2022: Outside Audit & Supervisory Board Member, Tohoku University Venture Partners Co., Ltd. (current) Aug 2022: Outside Director, the Company (current)
1974-11-16
Kana BOGAKI
Director
Apr 2006: Joined CyberAgent, Inc. May 2006: Seconded to Cyber Buzz, Inc. Oct 2010: Director, Cyber Buzz, Inc. Apr 2012: Seconded to Cygames, Inc. Jun 2012: Director, CyDesignation Inc. Sep 2012: Director, Grange Inc. May 2013: Director, Makuake Inc. Jul 2019: Visiting Professor, Information Economics Innovation Professional University (current) Mar 2022: Outside Director, ENECHANGE Ltd. Aug 2024: Outside Director, the Company (current) Dec 2024: Advisor, Makuake Inc.
1983-08-02
Hiroko KONO
Director, Audit and Supervisory Committee Member
Apr 1989: Joined Mitsubishi Corporation Jul 1992: Joined Capital International Research, Tokyo Office Jan 2001: Capital Group Companies, Los Angeles Headquarters Feb 2003: Capital International Research, Washington Office Jul 2008: Capital International K.K., Tokyo Office Jul 2011: Trustee and Director, Preparatory Foundation for International School of Asia Karuizawa Nov 2013: Managing Director and Secretary General, International School of Asia Karuizawa Mar 2016: Secretary General, United World College ISAK Japan Nov 2018: Executive Coach, Coach A Inc. May 2021: Outside Director, Life Corporation (current) Mar 2022: Expert Officer, Executive Coach, Coach A Inc. Aug 2022: Outside Director (Audit and Supervisory Committee Member), the Company (current) Jun 2023: Outside Director (Audit and Supervisory Committee Member), PayPay Corporation (current) Jul 2023: Senior Executive Coach, Coach A Inc. (current) Sep 2025: Director, Japan Basketball Association (current)
1965-05-08
Masahiro NARITA
Director, Audit and Supervisory Committee Member
Apr 1980: Joined Nakamichi Lease Co., Ltd. Jan 2008: General Manager, Vehicle Sales Department, Nakamichi Lease Co., Ltd. Oct 2008: General Manager, ISO Promotion Department, Internal Audit and ISO Promotion Office, Nakamichi Lease Co., Ltd. Jan 2011: General Manager, Sapporo Area Vehicle and Construction Machinery Sales Department, Nakamichi Lease Co., Ltd. Jan 2012: Director, Future Development Office, Nakamichi Lease Co., Ltd. Jan 2015: Chief Manager, Examination Office, Nakamichi Lease Co., Ltd. Aug 2017: Senior Manager, General Affairs Department, Nakamichi Lease Co., Ltd. Jun 2018: Full-time Audit & Supervisory Board Member, Gorin Pharmaceutical Co., Ltd. Aug 2024: Outside Director (Audit and Supervisory Committee Member), the Company (current)
1957-06-11
Kazuhiro YOSHII
Director, Audit and Supervisory Committee Member
Apr 1999: Registered as attorney-at-law; joined Tomotsune Kimura Mitomi Law Office Oct 2006: Registered as attorney-at-law in New York State Jan 2007: Partner (current), Anderson Mori & Tomotsune (Gaikokuho Kyodo Jigyo) Jul 2009: Member, Self-Regulation Committee, Investment Trusts Association, Japan (now Japan Investment Advisers Association) Jul 2013: Vice Chairman, Self-Regulation Committee of the same association (current) May 2020: Outside Audit & Supervisory Board Member, SLD Co., Ltd. May 2022: Outside Director (Audit and Supervisory Committee Member), SLD Co., Ltd. (current) Jun 2022: Outside Director, Tohoku University Venture Partners Co., Ltd. (current) Aug 2024: Outside Director (Audit and Supervisory Committee Member), the Company (current)
1973-04-26
Large Shareholding Reports
Sangenshoku Co., Ltd.
2026-09-11
8.37%→0.00%
Annual report (as of 2026-05-15): 7.25%
Sangenshoku Co., Ltd.
2026-07-17
7.23%→7.70%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-05-15): 7.25%
Sangenshoku Co., Ltd.
2026-07-17
7.70%→7.87%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-05-15): 7.25%
Sangenshoku Co., Ltd.
2026-07-17
8.35%→8.37%
Annual report (as of 2026-05-15): 7.25%
Sangenshoku Co., Ltd.
2026-07-07
7.87%→8.35%
Annual report (as of 2026-05-15): 7.25%
Sangenshoku Co., Ltd.
2026-07-06
7.23%→7.70%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-05-15): 7.25%
Sangenshoku Co., Ltd.
2026-07-06
7.02%→7.23%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-05-15): 7.25%
Sangenshoku Co., Ltd.
2026-06-30
7.70%→7.87%
Annual report (as of 2026-05-15): 7.25%
Sangenshoku Co., Ltd.
2026-06-26
7.02%→7.23%
Annual report (as of 2026-05-15): 7.25%
Mutsuhiro TOYAMA (Heir Representative: Hiroki TOYAMA)
2026-06-26
0.01%→0.01%
Tommy Corporation Co., Ltd.
2026-06-26
34.94%
Annual report (as of 2026-05-15): 35.79%
Sangenshoku Co., Ltd.
2026-06-26
7.23%→7.70%
Annual report (as of 2026-05-15): 7.25%
Sangenshoku Co., Ltd.
2026-06-05
6.49%→7.02%
Annual report (as of 2026-05-15): 7.25%
Sangenshoku Co., Ltd.
2025-10-15
5.55%→6.49%
Annual report (as of 2026-05-15): 7.25%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-09-18
Q1 Earnings Flash
FY ending May 2027
EDINET
2026-09-11
Large Shareholding Report
EDINET
2026-08-06
Annual Securities Report
Period: May 2025 – May 2026
EDINET
2026-08-04
公開買付報告書
EDINET
2026-07-17
Large Shareholding Report
EDINETAmended
2026-07-17
Change Report
EDINETAmended
2026-07-17
訂正公開買付届出書
EDINETAmended
2026-07-17
訂正意見表明報告書
EDINETAmended
2026-07-17
Change Report
EDINET
2026-07-07
Large Shareholding Report
EDINETAmended
2026-07-06
Change Report
EDINETAmended
2026-07-06
Change Report
EDINET
2026-06-30
Large Shareholding Report
EDINET
2026-06-26
Large Shareholding Report
EDINET
2026-06-26
Large Shareholding Report
EDINET
2026-06-26
Large Shareholding Report
EDINET
2026-06-26
Large Shareholding Report
EDINET
2026-06-22
公開買付届出書
EDINET
2026-06-22
意見表明報告書
TDnet
2026-06-19
Full-Year Earnings Flash
FY ending May 2026
EDINET
2026-06-05
Large Shareholding Report
TDnet
2026-03-19
Q3 Earnings Flash
FY ending May 2026
EDINET
2025-12-22
Semi-Annual Securities Report
Period: May 2025 – May 2026
EDINET
2025-10-15
Large Shareholding Report
TDnet
2025-09-19
Q1 Earnings Flash
FY ending May 2026
EDINET
2025-08-07
Annual Securities Report
Period: May 2024 – May 2025
TDnet
2025-03-21
Q3 Earnings Flash
FY ending May 2025
EDINET
2024-12-23
Semi-Annual Securities Report
Period: May 2024 – May 2025
TDnet
2024-09-20
Q1 Earnings Flash
FY ending May 2025
EDINET
2024-08-08
Annual Securities Report
Period: May 2023 – May 2024
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