Watanabe Sato Co., Ltd.

Watanabe Sato Co., Ltd.

TTSE:1807
1,917.00
JPY
-8.00
(-0.42%)
12.48BMarket Cap
Nov 10Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
6,270.94
6,082.82
6,302.63
5,847.72
6,041.74
6,087.04
5,777.65
6,393.17
6,439.52
5,690.68
6,243.12
6,492.58
5,402.27
- -
Basic EPS, GAAP
257.93
143.42
231.87
263.82
155.78
193.4
163.72
295.41
297.17
73.34
195.52
143.21
141.61
- -
Free Cash Flow per Basic Share
-27.36
-242.4
459.7
51.12
-81.89
181.38
298.82
281.02
448.45
-44.55
492.88
-723.83
766.98
- -
Dividend per Share
19.96
21.16
12.52
17.54
24.99
24.97
29.99
30.69
53.37
59.82
49.49
114.7
79.89
- -
Book Value per Share
1,613.91
1,696.94
1,900.13
2,138.82
2,269.3
2,415.8
2,533.39
2,873.23
3,132.72
3,161.58
3,387.37
3,425.97
3,654.42
- -
Tangible Book Value per Share
1,605.38
1,689.17
1,892.34
2,132.78
2,263.46
2,409.46
2,525.89
2,861.57
3,119.04
3,090.96
3,331.55
3,382.37
3,624.27
- -
Basic Weighted Avg Shares
6
6
6
6
6
6
6
6
6
6
6
6
6
6
Sales/Revenue/Turnover
40,024
38,821
40,221
37,308
38,546
38,835
36,861
39,919
37,452
34,657
38,400
40,423
33,705
- -
Operating Margin (%)
7.54
6.05
8.21
6.23
3.72
4.48
3.89
6.75
6.65
1.78
4.3
2.91
3.18
- -
Depreciation Expense
523
633
712
732
626
643
623
571
560
569
624
608
548
- -
Net Income, GAAP
1,646
915
1,480
1,683
994
1,234
1,045
1,845
1,728
447
1,203
892
883
- -
Effective Tax Rate (%)
27.93
29.68
33.65
30.98
33.49
32.04
32.4
32.2
31.65
38.56
32.29
32.17
33.58
- -
Profit Margin (%)
4.11
2.36
3.68
4.51
2.58
3.18
2.83
4.62
4.61
1.29
3.13
2.21
2.62
- -
Working Capital
3,267
3,609
4,393
5,964
5,965
5,962
6,789
8,443
9,287
9,103
10,344
10,310
10,818
- -
LT Debt
481
1,128
849
865
512
362
213
139
90
41
- -
- -
- -
- -
Total Equity
10,329
10,863
12,165
13,693
14,533
15,471
16,232
17,948
19,107
19,354
21,141
21,427
22,920
- -
Return on Invested Capital (%)
11.09
6.73
9.64
9.09
5.43
6.64
5.35
9.72
8.68
1.91
5.37
3.45
2.97
- -
Return on Capital (%)
12.77
6.5
9.41
10.17
5.95
7.23
6.01
10.4
9.23
2.31
5.94
3.96
3.72
- -
Return on Common Equity (%)
17.45
8.66
12.89
13.06
7.07
8.25
6.62
10.84
9.37
2.33
5.96
4.21
4
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
803
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
6
6
Market Capitalization
10,853
12,475
11,276

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
16,620
17,808
- -
Cash, Cash Equivalents & STI
4,548
6,394
- -
Accounts Receivable, Net
9,612
10,289
- -
Inventories
2,114
944
- -
Total Current Liabilities
6,418
6,990
- -
Payables & Accruals
- -
- -
- -
ST Debt
803
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.59%
5.06%
6.97%
Free Cash Flow
-234.77%
-346.78%
-206.18%
Net Income, GAAP
12.02%
12.4%
-0.91%
Sales/Revenue/Turnover
-1.42%
-2.84%
-16.62%
Total Cash Common Dividend
27%
33.46%
-30.2%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
40,423
2026
- -
- -
- -
- -
33,705
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
143.21
2026
- -
- -
- -
- -
141.61
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
114.7
2026
- -
- -
- -
- -
79.89
2027
- -
- -
- -
- -
- -

Company Description

CEO
Shuji Kamata
Full Time Employees
537
Sector
Industrial services
Industry
Engineering & construction
Address
1-18-4 Minami Azabu Tokyo TY Japan 106-8567
IPO Date
Sep 28, 1993
Business
Watanabe Sato Co., Ltd. is a Japan-based civil engineering and construction company specializing in pavement and civil engineering contracting operations. The company offers a broad range of products and services including investigation, research, planning, design, supervision, technical guidance, and consultation related to civil engineering construction. Its core products consist of proprietary concrete pavement technologies such as "1DAY PAVE" early traffic-release concrete pavement and the patented "SW Heat Mix," along with porous concrete and asphalt pavement systems, asphalt mixtures, block systems, resin pavement, turf and vegetation blocks, sports courts, and paving materials. The company also manufactures and sells construction materials and equipment, including construction machinery and tools, and provides equipment leasing services. Additionally, Watanabe Sato operates in industrial waste treatment and real estate management. Founded in 1923, the company is headquartered in Tokyo, Japan. In recent developments, Watanabe Sato has focused on sustainability initiatives, introducing "Carbon Pool" concrete that incorporates CO2 utilization and participating in Japan's Green Transformation (GX) League to advance environmental responsibility in construction. The company also announced an equity buyback of 450,000 shares in 2024 and reported organizational and leadership changes with Shuji Kamata appointed as President and Representative Director in June 2024. These moves reflect a strategic emphasis on corporate governance and capital efficiency. Watanabe Sato maintains a comprehensive portfolio geared towards both public infrastructure projects and private sector needs with operations primarily concentrated in Japan.