1. Japan Stocks

  2. •

    Consumer Cyclical

  3. •

    Auto - Parts
Sanden Corporation

Sanden Corporation

6444.T
Sanden CorporationJP flagTokyo Stock Exchange
160.00
JPY
-5.00
- -
18.03BMarket Cap
Sanden Corporation
6444.T
(Tokyo Stock Exchange)

Recent

price

160.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
7,141.53
7,920.54
7,861.34
8,870.67
10,027.2
11,111.9
10,651.91
10,210.64
10,407.13
9,902.16
7,391.08
4,953.24
1,576.41
1,608.6
1,651.56
1,713.7
1,668.61
Revenue per Share
179.18
222.65
44.17
39.77
213.22
201.98
252.15
-814.07
153.97
-833.57
82.5
-1,630.38
-14.47
-30.14
-6.98
2.46
-22.83
Basic EPS, GAAP
401.39
26.7
-605.63
-486.68
195.45
100.56
-209.5
-133.4
-75.74
-427.85
-152.78
-169.52
-144.59
-22.83
-130.1
-62.01
- -
Free Cash Flow per Basic Share
- -
24.84
37.46
37.46
49.66
50.02
49.99
75.48
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1,649.56
1,844.18
1,856.43
1,867.18
2,017.07
2,152.82
2,355.22
1,465.53
1,618.92
777.94
858.91
-717.24
44.65
14.5
7.53
9.98
18.99
Book Value per Share
1,692.84
1,756.8
1,683.82
1,824.47
2,240.58
2,564.7
2,555.74
1,619.49
1,703.88
703.44
670.56
-640.28
199.45
174.08
197.6
237.56
212.84
Tangible Book Value per Share
27
27
27
27
27
28
28
28
28
28
28
28
111
111
111
111
111
Basic Weighted Avg Shares
194,696
216,539
214,282
241,780
274,786
306,984
294,237
282,061
287,609
273,934
204,880
137,477
175,683
179,279
183,848
190,875
185,967
Sales/Revenue/Turnover
2.67
2.48
0.33
-0.37
1.77
3.06
1.87
0.56
1.9
0.32
-1.66
-13.43
-3.26
-6.15
-3.51
-0.79
-5.38
Operating Margin (%)
10,692
9,541
9,171
9,194
10,188
11,854
12,540
12,359
11,150
10,960
10,101
8,620
4,462
4,965
5,913
7,062
- -
Depreciation Expense
4,885
6,087
1,204
1,084
5,843
5,580
6,965
-22,488
4,255
-23,060
2,287
-45,251
-1,613
-3,359
-777
274
-2,544
Net Income, GAAP
- -
- -
42.23
0.62
1.87
23.9
2.63
- -
24.02
- -
58.47
- -
- -
- -
212.55
39.07
112.77
Effective Tax Rate (%)
2.51
2.81
0.56
0.45
2.13
1.82
2.37
-7.97
1.48
-8.42
1.12
-32.92
-0.92
-1.87
-0.42
0.14
-1.37
Profit Margin (%)
28,511
14,125
742
12,577
23,559
27,826
14,368
-16,264
9,136
-18,298
-15,383
-49,076
-21,404
-34,787
-39,156
-38,453
-39,454
Working Capital
60,845
42,661
33,900
56,654
66,685
67,717
60,421
49,428
68,234
59,745
37,395
24,030
4,763
4,225
6,339
8,881
3,600
LT Debt
47,232
49,329
48,199
52,961
65,651
75,677
75,503
49,159
50,957
23,538
22,699
-16,956
23,366
20,836
23,582
28,126
25,456
Total Equity
- -
- -
0.29
-0.55
2.59
3.63
2.57
- -
2.24
- -
-0.95
- -
- -
- -
7.97
-0.88
- -
Return on Invested Capital (%)
- -
- -
1.91
2.21
4.66
3.79
4.4
- -
3.12
- -
3.06
- -
- -
- -
-3.69
1.52
0.36
Return on Capital (%)
15.56
12.76
2.38
2.14
11.01
9.73
11.19
-42.61
9.99
-69.6
10.09
- -
- -
-101.91
-63.33
28.1
-75.09
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
57,900
59,419
60,361
LT Borrowings
822
788
852
LT Finance Leases
3,403
3,093
2,748
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
111
111
111
Market Capitalization
22,179
19,169
19,058

Working Capital

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
96,647
97,278
97,727
Cash, Cash Equivalents & STI
22,749
19,051
16,602
Accounts Receivable, Net
47,008
50,126
51,550
Inventories
31,339
32,173
34,358
Total Current Liabilities
131,434
134,665
137,181
Payables & Accruals
- -
- -
- -
ST Debt
57,900
59,419
60,361
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-47.97%
-78.18%
19.27%
Free Cash Flow
59.98%
117.27%
-52.31%
Net Income, GAAP
-354.78%
-455.79%
-135.26%
Sales/Revenue/Turnover
-3.3%
0.66%
3.82%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
46,453
47,724
- -
- -
183,848
2025
- -
- -
- -
- -
190,875
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.68
- -
- -
- -
-6.98
2025
- -
- -
- -
- -
2.46
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Sanden Corporation (6444.T) manufactures and sells automotive air conditioning systems and components, with a focus on compressors for automotive applications. The company offers mechanical compressors (MC), electric compressors (EC), heating, ventilating, and air conditioning (HVAC) units, integrated thermal management systems (ITMS), heat exchangers, electric coolant heaters (ECH), and pipes; it also provides aftermarket systems and environmental equipment such as heat pump products. Founded in 1943 and headquartered in Isesaki-shi, Gunma, Japan, Sanden operates 46 bases across 22 countries and regions, including major production facilities in China, Europe, the Americas, Asia, and Japan, serving original equipment manufacturers in passenger cars, trucks, construction, and agricultural vehicles. As a subsidiary of Hisense Japan Automotive Air-Conditioning Systems Corporation, it maintains strong synergies through capital and business alliances with Hisense Home Appliances Group Co., Ltd. In recent developments, Sanden launched its medium-term management plan SHIFT 2028 in February 2024, targeting revenue of 300 billion yen and ordinary profit of 9 billion yen by 2028 through expansion in new energy vehicle (NEV) markets, particularly in the Americas, Europe, China, and Asia; it acquired commercial rights for electric compressors, HVAC, and air conditioning systems from emerging North American EV manufacturers and major Indian customers in 2024, alongside ITMS rights from construction machinery firms. The company completed HVAC production capacity expansion to 4.5 million units annually in China, started mass production of 800V high-voltage ECH in Tianjin, initiated next-generation electric compressor lines in Europe with over 90% automation, and began joint procurement with Hisense partners to enhance cost competitiveness; additionally, it achieved cumulative global compressor production of 400 million units in February 2024, exhibited integrated technologies at CES 2025, and advanced sustainability efforts including Scope 1 and 2 CO2 reductions ahead of targets and biodiversity initiatives at its Sanden Forest site.