SPSE/2928 (SPSE/2928)

Sapporo Stock Exchange: SPSE/2928 · JPY

¥165

+0.00 (0.0%)· Recorded snapshot

Market cap	98.4B
Revenue (ttm)	164.3B
Net income (ttm)	7.5B
EPS (ttm)	¥12.6
Shares out	596.2M
P/E (trailing)	13.1x
P/E (forward)	20.5x
Dividend	¥0.67 (0.41%)
Volume	242,300
Beta	-0.10

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 164.3B
Net income (ttm): 7.5B
EPS (ttm): ¥12.6
P/E (trailing): 13.1x
P/E (forward): 20.5x
Market cap: 98.4B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E20.5

P25 n/aP50 n/aP75 n/a

Trailing P/E13.1

P25 n/aP50 n/aP75 n/a

ROE15

P25 n/aP50 n/aP75 n/a

ROIC8.9

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SPSE/2928 indicators

Market & fundamental data

Available fields

236

Groups with data

Currency

JPY

Showing 236 of 236 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	JPY
Country	Japan
Country code	JP
Earnings date	2026-11-13
Employees	4,204
Employees change	-421
Employees growth	-9.1%
Enterprise value	JPY 150.9B
Exchange	Sapporo Stock Exchange
Financial currency	JPY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	March
Founded	2003
Industry	Fats And Oils
Is primary listing	Yes
ISIN number	JP3281880009
Last earnings date	2026-02-13
Last refreshed	2026-10-28
Last stock split date	2018-07-27
Last stock split type	Forward
Market cap	JPY 98.4B
Next earnings date	2026-11-13
Price	JPY 165.00
Price currency	JPY
SIC code	2070
Stock price date	2026-10-27
Symbol	spse/2928
Website	https://www.rizapgroup.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings yield	7.64%
EV/Earnings	20.07x
EV/EBIT	16.81x
EV/EBITDA	4.79x
EV/FCF	6.17x
EV/Sales	0.92x
FCF / EV yield	16.22%
FCF yield	24.89%
Forward P/E	20.5x
Graham number	154.46376
Graham upside	-6.39%
Lynch fair value	JPY 124.58
Lynch upside	-24.5%
P/B ratio	1.54x
P/E ratio	13.09x
P/FCF ratio	4.02x
P/OCF ratio	3.39x
P/S ratio	0.6x
Price / tangible book value	2.2x
Price/EBITDA ratio	3.11x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	5.49%
EBITDA margin	19.23%
FCF margin	14.91%
Gross margin	45.57%
Operating margin	5.49%
Pretax margin	5.21%
Profit margin	4.58%
Profit per employee	JPY 1.8M
Revenue per employee	JPY 39.1M
ROA	3.49%
ROA (5Y)	1.13%
ROCE	8.73%
ROE	15.03%
ROE (5Y)	-6.91%
ROIC	8.93%
ROIC (5Y)	2.23%
Tax / revenue	-0.36%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth (QoQ)	-95.76%
EPS growth 10Y	2.17%
EPS growth 5Y	9.08%
FCF growth	58.33%
FCF growth (Q)	-41.21%
FCF growth (QoQ)	-58.73%
FCF growth 5Y	4.01%
Gross profit growth	-9.69%
Gross profit growth (Q)	-11.01%
Gross profit growth 3Y	1.33%
Gross profit growth 5Y	-1.53%
Net income growth (QoQ)	-95.76%
Net income growth 5Y	9.88%
OCF growth	24.43%
OCF growth (Q)	-19.44%
OCF growth (QoQ)	-43.53%
OCF growth 5Y	4.6%
Operating income growth	35.85%
Operating income growth (Q)	-47.67%
Operating income growth 5Y	5.46%
Revenue growth	-3.25%
Revenue growth (Q)	-8.49%
Revenue growth (QoQ)	-13.49%
Revenue growth 10Y	10.03%
Revenue growth 3Y	0.57%
Revenue growth 5Y	-0.7%

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	JPY -4.6B
Depreciation and amortization	JPY 22.6B
EBIT	JPY 9B
EBITDA	JPY 31.6B
EPS	JPY 12.60
FCF per share	JPY 41.06
Financing cash flow	JPY -19.6B
Free cash flow	JPY 24.5B
Gross profit	JPY 74.9B
Income taxes	JPY -591M
Investing cash flow	JPY -1.6B
Net borrowing	JPY -2.4B
Net cash flow	JPY 8.4B
Net income	JPY 7.5B
Operating income	JPY 9B
Revenue	JPY 164.3B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	2.06
Book value per share	JPY 84.13
Debt / EBITDA	2.11
Debt / equity	1.04
Debt / FCF	2.72
Goodwill	JPY 1.9B
Interest coverage	4.06
Long-term assets	JPY 90.6B
Long-term liabilities	JPY 39.6B
Net cash (debt)	JPY -39B
Net cash / market cap	-39.66%
Net debt / EBITDA	1.24
Net debt / equity	0.61
Net debt / FCF	1.59
Piotroski F-Score	5
Property, plant and equipment	JPY 69.7B
Shareholders' equity	JPY 63.7B
Tangible book value	JPY 44.7B
Tangible book value per share	JPY 74.93
Total assets	JPY 162.9B
Total cash	JPY 27.5B
Total debt	JPY 66.5B
Total liabilities	JPY 99.2B
WACC	3.29%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	1.02
Current assets	JPY 72.3B
Current liabilities	JPY 59.6B
Current ratio	1.21
Inventory turnover	3.73
Net working capital	JPY 18.4B
Quick ratio	0.77
Working capital	JPY 12.7B
Working capital turnover	15.32

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-0.49%
Dividend growth	0%
Dividend growth (10Y)	-9.9%
Dividend growth (3Y)	-43.17%
Dividend growth (5Y)	-28.75%
Dividend growth years	5
Dividend payment date	2026-06-29
Dividend payment years	1
Dividend per share	JPY 0.67
Dividend yield	0.41%
Ex-dividend date	2026-03-30
FCF payout ratio	1.63%
Last dividend	JPY 0.67
Payout ratio	5.07%
Shareholder yield	-0.09%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	-26.09%
10Y return CAGR	-2.76%
10Y total return	-24.4%
150-day SMA	JPY 192.36
15Y price change	1,449.3%
15Y return CAGR	20.59%
15Y total return	1,558.44%
1D price change	0%
1M price change	-4.62%
1M total return	-4.62%
1W price change	-0.6%
1W total return	-0.6%
1Y price change	-16.24%
1Y return CAGR	-16.01%
1Y total return	-16%
20-day SMA	JPY 169.20
200-day SMA	JPY 197.66
20Y price change	361.54%
20Y return CAGR	8.41%
20Y total return	402.75%
3M price change	-10.33%
3M total return	-10.33%
3Y price change	-46.43%
3Y return CAGR	-18.7%
3Y total return	-46.27%
50-day SMA	JPY 173.30
50-day SMA vs 200-day SMA	50under200
52-week high	JPY 250.00
52-week high date	2026-02-16
52-week low	JPY 165.00
52-week low date	2026-10-27
5Y price change	-10.33%
5Y return CAGR	-2.1%
5Y total return	-10.06%
6M price change	-25%
6M total return	-25%
All-time high	JPY 1,545.00
All-time high date	2017-11-24
All-time low	JPY 1.23
All-time low date	2009-04-08
Average true range (ATR)	JPY 2.12
Average volume	310.3K
Beta (1Y)	0.42
Beta (2Y)	0.64
Beta (5Y)	-0.1
Change from 52-week high	-34%
Change from 52-week low	0%
Change from all-time high	-89.32%
Change from all-time low	13,369.39%
Change from open	0%
Day's gap	0%
Dollar volume	JPY 40M
High price	JPY 166.00
Low price	JPY 165.00
Monthly RSI	37.58
Open price	JPY 165.00
Position in 52-week range	0%
Previous close	JPY 165.00
Price vs 150-day SMA	-14.22%
Price vs 20-day SMA	-2.48%
Price vs 200-day SMA	-16.52%
Price vs 50-day SMA	-4.79%
Relative volume	0.78
RSI	27.32
Sharpe ratio	-0.76
Sharpe ratio (3Y)	0.09
Sharpe ratio (5Y)	0.07
Sortino ratio	-0.98
Sortino ratio (3Y)	0.28
Sortino ratio (5Y)	0.25
Volume	242.3K
Weekly RSI	34.12
YTD price change	-17.91%
YTD total return	-17.67%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	205.5M
Shares change (QoQ)	-1.99%
Shares change (YoY)	0.49%
Shares held by insiders	30.01%
Shares held by institutions	2.2%
Shares outstanding	596.2M

Deeper analysis on SPSE/2928

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this SPSE/2928 report

Is a complete SPSE/2928 research report available?

No complete published report is available for spse/2928 (SPSE/2928) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SPSE/2928 (SPSE/2928)

Price

Financial snapshot

Fair-value bridge

Latest news · SPSE/2928

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SPSE/2928 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on SPSE/2928

Frequently asked questions