Cash flow SG Holdings Co.,Ltd.

Equities

9143

JP3162770006

Air Freight & Logistics

Market Closed - Japan Exchange Other stock markets 07:30:00 20/06/2025 BST			5-day change	1st Jan Change
1,634.00 ^JPY	-0.12%		-1.45%	+8.50%

05-09	SG Holdings Co.,Ltd. Provides Consolidated Earnings Guidance for the Half Year and Fiscal Year Ending March 31, 2026	CI
05-09	Sg Holdings Co Ltd - To Buy Back Up To 8.79% Own Shares Worth 75 Billion Yen	RE

1e6d4.pPTNCtcnHkgLRZvis1eaAUOnbqavLT-pz7i3Mbiigds.56H6UJ1OQS19AarU5G_qaHXvHfGfZVabjNX1ZoqX7JDRjJxIgFQtP0Aswg

Published financial data: SG HOLDINGS CO.,LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	1,173B	1,312B	1,588B	1,435B	1,317B
Total Revenues	1,173B	1,312B	1,588B	1,435B	1,317B
Cost of Goods Sold, Total	1,053B	1,163B	1,376B	1,238B	1,163B
Gross Profit	120B	149B	212B	197B	154B
Selling General & Admin Expenses, Total	35.31B	37.19B	46.29B	50.52B	52.91B
Provision for Bad Debts	469M	540M	782M	951M	1.33B
Depreciation & Amortization - (IS)	4.35B	3.93B	3.76B	4.04B	5.05B
Other Operating Expenses	4.81B	5.5B	5.54B	6.25B	5.49B
Other Operating Expenses, Total	44.94B	47.16B	56.38B	61.77B	64.79B
Operating Income	75.45B	102B	156B	135B	89.2B
Interest Expense, Total	-1.57B	-1.25B	-1.4B	-1.57B	-1.56B
Interest And Investment Income	342M	545M	893M	855M	1.48B
Net Interest Expenses	-1.22B	-706M	-507M	-711M	-82M
Income (Loss) On Equity Invest.	4.16B	629M	126M	128M	190M
Currency Exchange Gains (Loss)	331M	37M	3.08B	742M	-946M
Other Non Operating Income (Expenses)	1.81B	1.98B	1.88B	2.5B	2.48B
EBT, Excl. Unusual Items	80.53B	104B	160B	138B	90.85B
Gain (Loss) On Sale Of Investments	5M	11.33B	2.47B	49.79B	-199M
Gain (Loss) On Sale Of Assets	14M	55M	-79M	21M	-96M
Asset Writedown	-220M	-3.08B	-2.35B	-290M	-2.04B
Legal Settlements	-724M	-	-	-	-
Other Unusual Items	-167M	-183M	287M	-1M	-
EBT, Incl. Unusual Items	79.44B	112B	161B	187B	88.52B
Income Tax Expense	24.2B	31.13B	44.12B	57.74B	31.71B
Earnings From Continuing Operations	55.24B	80.66B	116B	130B	56.81B
Net Income to Company	55.24B	80.66B	116B	130B	56.81B
Minority Interest	-7.95B	-6.32B	-9.77B	-3.21B	1.47B
Net Income - (IS)	47.29B	74.34B	107B	127B	58.28B
Net Income to Common Incl Extra Items	47.29B	74.34B	107B	127B	58.28B
Net Income to Common Excl. Extra Items	47.29B	74.34B	107B	127B	58.28B
Per Share Items
Net EPS - Basic	74.45	117.03	168.02	199.56	92.98
Basic EPS - Continuing Operations	74.45	117.03	168.02	199.56	92.98
Basic Weighted Average Shares Outstanding	635M	635M	635M	634M	627M
Net EPS - Diluted	74.45	117.03	168.02	199.56	92.98
Diluted EPS - Continuing Operations	74.45	117.03	168.02	199.56	92.98
Diluted Weighted Average Shares Outstanding	635M	635M	635M	634M	627M
Normalized Basic EPS	66.72	92.05	142.33	130.93	92.94
Normalized Diluted EPS	66.72	92.05	142.33	130.93	92.94
Dividend Per Share	22	30	50	51	51
Payout Ratio	30.21	24.77	22.02	27.62	56.02
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	98.87B	128B	189B	168B	126B
EBITA	75.86B	102B	158B	136B	91.19B
EBIT	75.45B	102B	156B	135B	89.2B
Effective Tax Rate - (Ratio)	30.46	27.84	27.47	30.8	35.82
Normalized Net Income	42.38B	58.47B	90.41B	83B	58.25B
Non-Cash Pension Expense	77M	66M	127M	328M	296M

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	68.71B	69.16B	87.4B	178B	147B
Total Cash And Short Term Investments	68.71B	69.16B	87.4B	178B	147B
Accounts Receivable, Total	153B	185B	245B	181B	185B
Total Receivables	153B	185B	245B	181B	185B
Inventory	28.82B	30.75B	29.71B	21.93B	37.53B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	20.55B	18.69B	27.89B	25.12B	27.52B
Total Current Assets	271B	304B	390B	407B	397B
Net Property Plant And Equipment	322B	353B	387B	392B	388B
Long-term Investments	134B	88.22B	98.74B	47.37B	49.23B
Goodwill	5.47B	4.02B	2.34B	12.07B	8.37B
Other Intangibles, Total	19.47B	20.87B	22.14B	25.79B	32.56B
Deferred Tax Assets Long-Term	20.7B	20.71B	21.62B	20.96B	21.58B
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	2M	2M	2M	-	2M
Total Assets	772B	790B	922B	905B	897B
Liabilities
Accounts Payable, Total	62.73B	79.76B	93.75B	76.54B	78.44B
Accrued Expenses, Total	20.61B	24.58B	25.26B	18.23B	18.32B
Short-term Borrowings	18.5B	13.68B	30.4B	15.4B	14.92B
Current Portion of Long-Term Debt	18.72B	22.09B	26.3B	18.67B	30.08B
Current Portion of Leases	5.96B	5.78B	5.94B	5.68B	6.07B
Current Income Taxes Payable	11.71B	24.52B	29.15B	34.16B	4.72B
Other Current Liabilities	72.65B	81.76B	67.05B	60.24B	65.75B
Total Current Liabilities	211B	252B	278B	229B	218B
Long-Term Debt	78.01B	72.54B	60.11B	41.65B	13.18B
Long-Term Leases	10.61B	9.68B	12.53B	15.84B	20.54B
Pension & Other Post Retirement Benefits	35.86B	35.83B	35.89B	35.8B	36.46B
Deferred Tax Liability Non Current	-	-	9.39B	-	-
Other Non Current Liabilities	13.79B	15.2B	14.12B	15.33B	18.3B
Total Liabilities	349B	385B	410B	338B	307B
Common Stock, Total	11.88B	11.88B	11.88B	11.88B	11.88B
Additional Paid In Capital	40.83B	-	69M	-	16M
Retained Earnings	334B	377B	458B	543B	568B
Treasury Stock	-1.17B	-1.17B	-1.16B	-11.16B	-21.13B
Comprehensive Income and Other	-1.11B	11.08B	27.34B	10.4B	18.37B
Total Common Equity	384B	398B	496B	554B	578B
Minority Interest	39.1B	6.5B	15.56B	13.55B	12.75B
Total Equity	423B	405B	512B	567B	590B
Total Liabilities And Equity	772B	790B	922B	905B	897B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	635M	635M	635M	629M	625M
ECS Total Common Shares Outstanding	635M	635M	635M	630M	625M
Book Value / Share	604.48	627.09	781.33	878.84	923.33
Tangible Book Value	359B	373B	472B	516B	537B
Tangible Book Value Per Share	565.22	587.91	742.79	818.75	857.88
Total Debt	132B	124B	135B	97.24B	84.8B
Net Debt	63.09B	54.6B	47.89B	-81.01B	-62.47B
Debt Equivalent of Unfunded Proj. Benefit Obligation	35.86B	35.83B	35.89B	35.8B	36.46B
Minority Interest, Total (Incl. Fin. Div)	39.1B	6.5B	15.56B	13.55B	12.75B
Inventories - Raw Materials, Total	2.19B	2.28B	2.05B	2B	1.98B
Inventories - Work In Process, Total	191M	357M	387M	360M	318M
Inventories - Finished Goods, Total	26.44B	28.11B	27.27B	19.58B	35.24B
Full Time Employees	51.36K	52.02K	52.32K	52.27K	52.31K
Accumulated Allowance for Doubtful Accounts (Supple)	1.51B	1.28B	1.71B	2.68B	2.66B

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	79.44B	112B	161B	187B	88.52B
Depreciation & Amortization - CF	23.01B	25.86B	30.34B	32.44B	34.82B
Amortization of Goodwill and Intangible Assets - (CF)	412M	531M	2.67B	396M	1.98B
Depreciation & Amortization, Total	23.42B	26.4B	33.02B	32.84B	36.8B
(Gain) Loss From Sale Of Asset	200M	3.03B	330M	270M	2.13B
(Gain) Loss on Sale of Investments - (CF)	-	-11.33B	-2.47B	-49.79B	199M
(Income) Loss On Equity Investments - (CF)	-4.16B	-629M	-126M	-128M	-190M
Other Operating Activities, Total	-24.58B	-21.16B	-38.83B	-52.73B	-58.77B
Change In Accounts Receivable	10M	-32.79B	-87.94B	68.64B	-3.04B
Change In Inventories	5.16B	7.97B	1.43B	6.29B	2.9B
Change In Accounts Payable	-1.44B	17.37B	21.5B	-19.12B	-2M
Change in Other Net Operating Assets	-24.47B	20.66B	-5.7B	-8.35B	9.07B
Cash from Operations	53.59B	121B	81.82B	165B	77.63B
Capital Expenditure	-53.46B	-59.19B	-53.27B	-24.64B	-35.22B
Sale of Property, Plant, and Equipment	50M	303M	1.6B	166M	882M
Cash Acquisitions	-2.08B	-4.05B	-1.93B	-12.05B	-
Divestitures	-	69.75B	-	90M	25M
Sale (Purchase) of Intangible assets	-5.66B	-5.79B	-6.19B	-6.75B	-6.56B
Investment in Marketable and Equity Securities, Total	-904M	-20M	14.69B	71.77B	-5M
Other Investing Activities, Total	523M	-507M	-177M	-547M	-485M
Cash from Investing	-61.53B	504M	-45.27B	28.03B	-41.36B
Short Term Debt Issued, Total	17.02B	-	13.6B	-	-
Long-Term Debt Issued, Total	6B	20.03B	15.71B	133M	3.49B
Total Debt Issued	23.02B	20.03B	29.31B	133M	3.49B
Short Term Debt Repaid, Total	-	-4.4B	-	-17.91B	-1.78B
Long-Term Debt Repaid, Total	-23.74B	-22.2B	-24.13B	-26.44B	-20.87B
Total Debt Repaid	-23.74B	-26.6B	-24.13B	-44.35B	-22.65B
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-	-	-10B	-10B
Common & Preferred Stock Dividends Paid	-14.29B	-18.42B	-23.5B	-34.94B	-32.65B
Common & Preferred Stock Dividends Paid	-14.29B	-18.42B	-23.5B	-34.94B	-32.65B
Other Financing Activities, Total	-9.36B	-96.95B	-7.05B	-16.31B	-8.51B
Cash from Financing	-24.37B	-122B	-25.37B	-105B	-70.31B
Foreign Exchange Rate Adjustments	-684M	591M	7.05B	2.91B	3.06B
Miscellaneous Cash Flow Adjustments	-	-	-1M	1M	1M
Net Change in Cash	-33B	458M	18.23B	90.85B	-30.98B
Supplemental Items
Cash Interest Paid	1.62B	1.29B	1.41B	1.24B	1.06B
Cash Income Tax Paid (Refund)	25.12B	21.82B	38.81B	53.06B	59.09B
Levered Free Cash Flow	-22.33B	34.85B	6.77B	133B	6.04B
Unlevered Free Cash Flow	-21.35B	35.63B	7.64B	134B	7.02B
Change In Net Working Capital	32.8B	-10.63B	63.24B	-47.96B	43.76B
Net Debt Issued / Repaid	-723M	-6.56B	5.18B	-44.22B	-19.15B

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	6.14	8.14	11.37	9.26	6.19
Return on Total Capital	8.77	11.74	16.55	12.89	8.32
Return On Equity %	13.6	19.48	25.42	24.04	9.81
Return on Common Equity	12.79	19.01	23.86	24.09	10.3
Margin Analysis
Gross Profit Margin %	10.26	11.35	13.35	13.73	11.69
SG&A Margin	3.01	2.83	2.91	3.52	4.02
EBITDA Margin %	8.43	9.76	11.88	11.72	9.57
EBITA Margin %	6.46	7.79	9.97	9.46	6.92
EBIT Margin %	6.43	7.75	9.8	9.43	6.77
Income From Continuing Operations Margin %	4.71	6.15	7.33	9.04	4.31
Net Income Margin %	4.03	5.67	6.72	8.82	4.43
Net Avail. For Common Margin %	4.03	5.67	6.72	8.82	4.43
Normalized Net Income Margin	3.61	4.46	5.69	5.79	4.42
Levered Free Cash Flow Margin	-1.9	2.66	0.43	9.27	0.46
Unlevered Free Cash Flow Margin	-1.82	2.72	0.48	9.34	0.53
Asset Turnover
Asset Turnover	1.53	1.68	1.86	1.57	1.46
Fixed Assets Turnover	3.86	3.89	4.29	3.68	3.38
Receivables Turnover (Average Receivables)	7.67	7.77	7.39	6.74	7.19
Inventory Turnover (Average Inventory)	37.09	39.05	45.53	47.93	39.11
Short Term Liquidity
Current Ratio	1.28	1.2	1.4	1.78	1.82
Quick Ratio	1.05	1.01	1.2	1.57	1.52
Operating Cash Flow to Current Liabilities	0.25	0.48	0.29	0.72	0.36
Days Sales Outstanding (Average Receivables)	47.73	46.99	49.37	54.18	50.9
Days Outstanding Inventory (Average Inventory)	9.87	9.35	8.02	7.62	9.36
Average Days Payable Outstanding	22.14	22.32	23.02	25.27	24.06
Cash Conversion Cycle (Average Days)	35.46	34.01	34.36	36.53	36.19
Long Term Solvency
Total Debt/Equity	31.15	30.57	26.43	17.14	14.37
Total Debt / Total Capital	23.75	23.41	20.9	14.63	12.56
LT Debt/Equity	20.94	20.31	14.19	10.13	5.71
Long-Term Debt / Total Capital	15.97	15.55	11.22	8.65	5
Total Liabilities / Total Assets	45.21	48.77	44.47	37.3	34.2
EBIT / Interest Expense	48.15	81.32	111.22	86.38	57.07
EBITDA / Interest Expense	63.1	102.42	134.81	107.35	80.62
(EBITDA - Capex) / Interest Expense	28.98	55.1	96.76	91.62	58.08
Total Debt / EBITDA	1.33	0.97	0.72	0.58	0.67
Net Debt / EBITDA	0.64	0.43	0.25	-0.48	-0.5
Total Debt / (EBITDA - Capex)	2.9	1.8	1	0.68	0.93
Net Debt / (EBITDA - Capex)	1.39	0.79	0.35	-0.56	-0.69
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	4.96	11.81	21.06	-9.68	-8.2
Gross Profit, 1 Yr. Growth %	3.47	23.67	42.45	-7.1	-21.85
EBITDA, 1 Yr. Growth %	8.22	29.58	47.31	-10.93	-25.05
EBITA, 1 Yr. Growth %	6.38	34.8	54.89	-14.34	-32.79
EBIT, 1 Yr. Growth %	7.23	34.83	53.07	-13.13	-34.06
Earnings From Cont. Operations, 1 Yr. Growth %	7.52	46.01	44.43	11.35	-56.21
Net Income, 1 Yr. Growth %	8.8	57.2	43.57	18.53	-53.93
Normalized Net Income, 1 Yr. Growth %	9.19	37.96	54.63	-8.2	-29.82
Diluted EPS Before Extra, 1 Yr. Growth %	8.8	57.2	43.57	18.77	-53.41
Accounts Receivable, 1 Yr. Growth %	-0.32	21.09	32.25	-25.93	2.1
Inventory, 1 Yr. Growth %	3.06	6.68	-3.38	-26.17	71.12
Net Property, Plant and Equip., 1 Yr. Growth %	12.43	9.67	9.76	1.28	-1.09
Total Assets, 1 Yr. Growth %	1.23	2.34	16.64	-1.83	-0.87
Tangible Book Value, 1 Yr. Growth %	7.9	4.01	26.35	9.35	3.99
Common Equity, 1 Yr. Growth %	7.95	3.74	24.6	11.59	4.27
Cash From Operations, 1 Yr. Growth %	-38.23	126.34	-32.54	102.13	-53.06
Capital Expenditures, 1 Yr. Growth %	-13.59	10.71	-10.01	-53.74	42.92
Levered Free Cash Flow, 1 Yr. Growth %	-179.97	-256.08	-80.58	1.87K	-95.46
Unlevered Free Cash Flow, 1 Yr. Growth %	-173.41	-266.91	-78.55	1.65K	-94.76
Dividend Per Share, 1 Yr. Growth %	7.32	36.36	66.67	2	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	10.2	8.33	16.34	4.56	-8.94
Gross Profit, 2 Yr. CAGR %	9.43	13.12	32.73	15.04	-14.79
EBITDA, 2 Yr. CAGR %	13.83	18.42	38.16	14.55	-18.29
EBITA, 2 Yr. CAGR %	-	19.75	44.5	15.19	-24.12
EBIT, 2 Yr. CAGR %	13.7	20.24	43.66	15.32	-24.31
Earnings From Cont. Operations, 2 Yr. CAGR %	18.09	25.3	45.22	26.82	-30.17
Net Income, 2 Yr. CAGR %	19.06	30.78	50.23	30.45	-26.11
Normalized Net Income, 2 Yr. CAGR %	16.27	22.74	46.06	19.14	-19.73
Diluted EPS Before Extra, 2 Yr. CAGR %	18.02	30.78	50.23	30.58	-25.61
Accounts Receivable, 2 Yr. CAGR %	3.7	9.86	26.55	-1.02	-13.04
Inventory, 2 Yr. CAGR %	-9.76	4.86	1.53	-15.54	12.4
Net Property, Plant and Equip., 2 Yr. CAGR %	18.01	11.04	9.72	5.44	0.09
Total Assets, 2 Yr. CAGR %	4.24	1.78	9.26	7.01	-1.35
Tangible Book Value, 2 Yr. CAGR %	8.76	5.94	14.64	17.54	6.64
Common Equity, 2 Yr. CAGR %	7.94	5.82	13.69	17.92	7.87
Cash From Operations, 2 Yr. CAGR %	-24.2	18.24	23.57	16.77	-2.6
Capital Expenditures, 2 Yr. CAGR %	52.98	-2.19	-0.18	-35.48	-18.69
Levered Free Cash Flow, 2 Yr. CAGR %	-40.41	11.72	-44.95	95.34	-5.52
Unlevered Free Cash Flow, 2 Yr. CAGR %	-42.45	10.69	-40.17	93.9	-4.18
Dividend Per Share, 2 Yr. CAGR %	20.18	20.97	50.76	30.38	1
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	8.05	10.73	12.42	6.93	0.12
Gross Profit, 3 Yr. CAGR %	11.62	13.98	22.16	17.85	1.13
EBITDA, 3 Yr. CAGR %	9.82	18.86	27.36	19.36	-0.55
EBITA, 3 Yr. CAGR %	15.31	-	30.47	21.38	-3.75
EBIT, 3 Yr. CAGR %	15.1	20.34	30.32	21.49	-4.28
Earnings From Cont. Operations, 3 Yr. CAGR %	19.4	26.75	31.38	32.92	-11.03
Net Income, 3 Yr. CAGR %	18.46	30.61	34.91	38.82	-7.79
Normalized Net Income, 3 Yr. CAGR %	14.82	23.1	32.56	25.11	-0.12
Diluted EPS Before Extra, 3 Yr. CAGR %	17.55	29.85	34.91	38.91	-7.38
Accounts Receivable, 3 Yr. CAGR %	3.47	9.2	16.87	5.86	0.01
Inventory, 3 Yr. CAGR %	-9.55	-4.58	2.04	-8.7	6.87
Net Property, Plant and Equip., 3 Yr. CAGR %	14.5	15.16	10.61	6.83	3.21
Total Assets, 3 Yr. CAGR %	5.87	3.6	6.51	5.43	4.32
Tangible Book Value, 3 Yr. CAGR %	11.15	7.15	12.35	12.85	12.84
Common Equity, 3 Yr. CAGR %	10.39	6.52	11.74	12.99	13.18
Cash From Operations, 3 Yr. CAGR %	-	9.15	-1.93	45.59	-13.82
Capital Expenditures, 3 Yr. CAGR %	-	37.35	-4.87	-22.75	-15.89
Levered Free Cash Flow, 3 Yr. CAGR %	-	-17.86	-37.65	81.27	-44.25
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-17.93	-35.95	84.45	-41.82
Dividend Per Share, 3 Yr. CAGR %	54.2	25.35	34.61	32.35	19.35
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	6.48	6.82	11.29	8.22	3.33
Gross Profit, 5 Yr. CAGR %	9.36	10.68	19.63	14.41	5.77
EBITDA, 5 Yr. CAGR %	8.09	10.17	20.38	17.11	6.64
EBITA, 5 Yr. CAGR %	10.72	13.62	26.2	-	5.04
EBIT, 5 Yr. CAGR %	10.6	13.5	25.77	18.31	4.86
Earnings From Cont. Operations, 5 Yr. CAGR %	17.36	18.24	29.12	26.77	2.03
Net Income, 5 Yr. CAGR %	13.77	16.95	30.27	30.55	6.04
Normalized Net Income, 5 Yr. CAGR %	9.09	12.87	26.42	21.5	8.46
Diluted EPS Before Extra, 5 Yr. CAGR %	13.29	16.42	29.67	30.14	6.32
Accounts Receivable, 5 Yr. CAGR %	4.18	6.68	12.15	4.99	3.84
Inventory, 5 Yr. CAGR %	-16.63	-9.32	-5.27	-9.13	6.06
Net Property, Plant and Equip., 5 Yr. CAGR %	6.3	10.52	12.56	11.17	6.28
Total Assets, 5 Yr. CAGR %	5.7	6.24	7.21	4.95	3.3
Tangible Book Value, 5 Yr. CAGR %	15.14	12.5	12.53	11.19	10.03
Common Equity, 5 Yr. CAGR %	13.77	11.55	11.7	10.94	10.18
Cash From Operations, 5 Yr. CAGR %	3.15	-	-	12.14	-2.2
Capital Expenditures, 5 Yr. CAGR %	7.4	-	-	1.53	-10.66
Levered Free Cash Flow, 5 Yr. CAGR %	30.71	-	-	16.16	-26.38
Unlevered Free Cash Flow, 5 Yr. CAGR %	43.4	-	-	15.76	-24.75
Dividend Per Share, 5 Yr. CAGR %	38.4	-	52.81	27.34	20