Sanyo Special Steel Co., Ltd.

Sanyo Special Steel Co., Ltd.

SYPLF
Sanyo Special Steel Co., Ltd.US flagOther OTC
15.49
USD
+0.04
- -
1.03BMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
5,323.42
4,286.03
5,008.02
5,316.68
4,625.41
4,301.95
4,888.31
5,721.58
4,740.44
3,866.99
6,666.99
7,228.23
6,493.68
4,662.37
Basic EPS, GAAP
198.53
15.77
126.02
202.97
229.99
241.46
218.33
237.74
-67.14
-126.07
280.18
380.7
166.21
87.17
Free Cash Flow per Basic Share
-287.83
93.43
124.56
411.46
659.57
121.38
-434.37
39.94
361.5
39.79
-136.83
-31.15
413.8
- -
Dividend per Share
49.98
30
14.97
24.93
64.82
54.88
70.8
69.34
39.79
- -
44.93
99.86
79.87
- -
Book Value per Share
2,327.53
2,313.55
2,424.81
2,615.11
2,780.96
2,968.18
3,117.36
4,295.85
2,412.97
2,325.53
2,560.73
2,841.55
2,927.84
- -
Tangible Book Value per Share
2,983.35
2,987.16
3,164.64
3,493.49
3,472.13
3,775.59
3,956.74
4,760.58
2,582.56
2,599.71
2,963.11
3,301.83
3,516.75
- -
Basic Weighted Avg Shares
32
32
32
32
32
32
32
32
55
54
54
54
54
54
Sales/Revenue/Turnover
171,800
138,306
161,587
171,495
149,148
138,680
157,485
185,818
262,452
210,721
363,278
393,843
353,810
253,947
Operating Margin (%)
6.61
1.1
4.26
5.35
8.17
8.43
6.97
5.45
-0.54
-2.61
5.9
7.23
3.21
2.31
Depreciation Expense
10,926
11,581
10,965
9,826
9,343
9,098
9,047
9,643
19,264
16,807
19,277
16,688
16,990
- -
Net Income, GAAP
6,407
509
4,066
6,547
7,416
7,784
7,034
7,721
-3,717
-6,870
15,267
20,743
9,056
4,748
Effective Tax Rate (%)
39.17
56.53
36.15
35.38
33.08
31.76
30.91
28.41
- -
- -
26.1
25.82
29.92
32.38
Profit Margin (%)
3.73
0.37
2.52
3.82
4.97
5.61
4.47
4.16
-1.42
-3.26
4.2
5.27
2.56
1.87
Working Capital
54,867
49,587
51,276
55,012
48,775
53,768
80,754
84,088
72,934
58,268
90,266
94,307
91,741
- -
LT Debt
34,569
33,936
25,063
18,785
7,789
7,789
29,229
30,508
35,934
22,428
29,324
21,570
16,300
- -
Total Equity
96,991
97,150
102,903
113,642
113,138
123,142
128,957
200,198
182,202
179,886
198,843
216,023
228,595
- -
Return on Invested Capital (%)
4.27
0.39
2.54
3.44
5.07
5.24
4.63
3.09
- -
- -
5.93
7.04
2.53
2.44
Return on Capital (%)
4.86
0.54
2.91
4.74
5.75
6.29
5.23
4.4
- -
- -
7.4
9.04
4.31
4.6
Return on Common Equity (%)
8.81
0.68
5.32
8.05
8.52
8.4
7.17
6.44
-2.72
-5.28
11.47
14.09
5.76
6.06

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'24
Jun'25
ST Debt
80,522
64,295
- -
LT Borrowings
11,420
16,300
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
54
54
- -
Market Capitalization
7,351
- -
- -

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'24
Jun'25
Total Current Assets
228,759
228,435
- -
Cash, Cash Equivalents & STI
27,933
26,591
- -
Accounts Receivable, Net
58,638
59,541
- -
Inventories
117,852
119,157
- -
Total Current Liabilities
141,408
136,694
- -
Payables & Accruals
- -
- -
- -
ST Debt
80,522
64,295
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.35%
2.95%
5.82%
Free Cash Flow
-95.38%
-119.16%
-1,428.58%
Net Income, GAAP
-32.66%
-81.2%
-56.34%
Sales/Revenue/Turnover
10.98%
18.44%
-10.16%
Total Cash Common Dividend
- -
- -
-20.01%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
104,052
91,356
98,984
99,451
393,843
2024
99,863
85,387
83,712
84,848
353,810
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
126.27
- -
- -
- -
380.7
2024
79.07
- -
- -
- -
166.21
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
99.86
2024
- -
- -
- -
- -
79.87
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Katsuhiro Miyamoto
Full Time Employees
6,397
Sector
Basic Materials
Industry
Steel
Address
3007, Nakashima Himeji Japan 672-8677
IPO Date
Jan 31, 2022
Business
Sanyo Special Steel Co., Ltd. manufactures and markets specialty steel products; bearing steel; engineering steel; stainless steel; heat-resistant steel; and tool steel; together with metal powders and powder metallurgy products; formed and fabricated materials from special steel bars and tubes; and information processing services. The company, founded in 1935 and headquartered in Himeji, Hyogo, Japan, operates through its Steel Products; Metal Powders; Formed and Fabricated Materials; and Others segments, serving industries including automobiles; industrial machinery; railroads; construction equipment; wind power; aerospace; ships; power plants; medical equipment; PCs; and smartphones. Products find applications globally in bearings; gears; shafts; valves; molds; steel pipes for boilers and chemical plants; thermal spraying; 3D printing; cutting tools; and electromagnetic wave absorbers. As a subsidiary of Nippon Steel Corporation, Sanyo maintains manufacturing sites in Japan; Sweden and Finland via wholly-owned subsidiary Ovako AB; India through 100%-owned Sanyo Special Steel Manufacturing India Pvt. Ltd. (SSMI); Thailand; China; Mexico; and the United States. In 2024, Sanyo secured Competition Commission of India approval to acquire an additional 15.43% stake in SSMI from Mitsui & Co., achieving full ownership. Nippon Steel Corporation launches a tender offer in February 2025 valued at approximately 70.5 billion yen to acquire all remaining shares, transforming Sanyo into a wholly-owned subsidiary by April 2025 via two-tier process including squeeze-out, to enhance synergies in production; technology; global expansion; and carbon neutrality initiatives. Recent advancements include commercialization of high-carbon steel TOUGHFIT with improved hardness-toughness balance; ECOMAX5 steel for simplified parts manufacturing; high-purity spherical silicon powder; and metal powders for die-casting molds with superior thermal conductivity; alongside SBT certification for GHG reduction targets; solar power commencement at Himeji Works; and TPG certification as supplier for wind turbine components.