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Sala Corporation
(2734)
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Rating:61Neutral
Price Target:
¥1,183.00
▼(-4.29% Downside)
Action:Reiterated
Date:07/08/26
The score is held back primarily by weak and volatile cash generation (TTM free cash flow turned negative and operating cash flow declined), despite a generally manageable balance sheet. Technicals are supportive with the stock above key moving averages, but overbought momentum signals raise near-term pullback risk. Valuation is a relative positive with a moderate P/E and a ~2.85% dividend yield.
Positive Factors
Balance-sheet resilience
Manageable leverage and meaningful equity growth increase financial flexibility and lower insolvency risk over the medium term. A stronger equity base supports capital spending, strategic investments or weathering cyclical shocks without immediate refinancing pressure.
Negative Factors
Weak cash generation
The swing to negative free cash flow and declining operating cash flow undermine funding flexibility for capex, dividends, and M&A. Persistent cash conversion weakness raises structural financing risk and could force reliance on debt, asset sales, or curtailed investment.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance-sheet resilience
Manageable leverage and meaningful equity growth increase financial flexibility and lower insolvency risk over the medium term. A stronger equity base supports capital spending, strategic investments or weathering cyclical shocks without immediate refinancing pressure.
Read all positive factors
Sala Corporation (2734) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥76.25B
Dividend Yield2.67%
Average Volume (3M)139.63K
Price to Earnings (P/E)10.4
Beta (1Y)0.70
Revenue Growth-1.15%
EPS Growth48.69%
CountryJP
Employees4,172
SectorIndustrials
Sector Strength72
IndustryConglomerates
Share Statistics
EPS (TTM)115.72
Shares Outstanding66,041,145
10 Day Avg. Volume133,310
30 Day Avg. Volume139,626
Financial Highlights & Ratios
PEG Ratio1.03
Price to Book (P/B)0.77
Price to Sales (P/S)0.28
P/FCF Ratio10.23
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Sala Corporation Business Overview & Revenue Model
Company Description
SALA Corporation, operating through its various subsidiaries, is a diversified Japanese enterprise with a primary focus on energy supply and solutions. The company provides natural gas, liquefied petroleum gas (LP gas), and petroleum products, sel...
How the Company Makes Money
Detailed, company-specific information on SALA Corporation’s revenue model (e.g., exact revenue streams, pricing mechanisms, segment-level monetization, and significant partnerships) is null....
Sala Corporation Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
70
Positive
Cash Flow
41
Neutral
| Breakdown | TTM | Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 249.95B | 251.53B | 240.50B | 242.06B | 234.85B | 227.94B |
| Gross Profit | 62.32B | 55.91B | 51.83B | 50.54B | 52.07B | 52.89B |
| EBITDA | 18.35B | 16.31B | 14.58B | 16.19B | 15.55B | 15.25B |
| Net Income | 7.41B | 5.87B | 5.25B | 6.10B | 5.68B | 5.26B |
Balance Sheet | ||||||
| Total Assets | 222.64B | 218.34B | 202.28B | 189.27B | 188.42B | 187.48B |
| Cash, Cash Equivalents and Short-Term Investments | 29.75B | 31.88B | 26.40B | 22.97B | 24.19B | 24.75B |
| Total Debt | 68.09B | 61.65B | 55.64B | 54.23B | 53.65B | 58.60B |
| Total Liabilities | 124.88B | 124.77B | 116.66B | 110.62B | 115.06B | 120.78B |
| Stockholders Equity | 95.76B | 91.72B | 83.98B | 77.18B | 72.01B | 65.43B |
Cash Flow | ||||||
| Free Cash Flow | -760.00M | 6.89B | 4.37B | 98.00M | 5.14B | 10.47B |
| Operating Cash Flow | 10.18B | 16.16B | 14.24B | 5.76B | 9.93B | 15.82B |
| Investing Cash Flow | -13.51B | -12.43B | -10.33B | -5.62B | -3.86B | -4.40B |
| Financing Cash Flow | 3.21B | 1.75B | -431.00M | -1.37B | -6.52B | -8.79B |
Sala Corporation Technical Analysis
Neutral
1236.00
Price Trends
1160.42
Positive
1085.84
Positive
1085.87
Positive
Market Momentum
16.71
Positive
51.57
Neutral
16.27
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2734, the sentiment is Neutral. The current price of 1236 is above the 20-day moving average (MA) of 1210.50, above the 50-day MA of 1160.42, and above the 200-day MA of 1085.87, indicating a neutral trend. The MACD of 16.71 indicates Positive momentum. The RSI at 51.57 is Neutral, neither overbought nor oversold. The STOCH value of 16.27 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:2734.
Sala Corporation Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | ¥118.36B | 9.08 | ― | 3.31% | 26.31% | 26.95% | |
78 Outperform | ¥106.80B | 8.49 | ― | 3.39% | -0.84% | 25.94% | |
77 Outperform | ¥59.29B | 12.38 | 15.68% | 2.83% | 4.06% | 21.14% | |
74 Outperform | ¥51.79B | 13.57 | ― | 2.88% | 10.47% | 9.16% | |
69 Neutral | ¥48.43B | 26.10 | ― | 1.54% | 38.60% | -21.06% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
61 Neutral | ¥76.25B | 10.35 | ― | 2.67% | -1.15% | 48.69% |
* Industrials Sector Average
JP:2734
Sala Corporation
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Sala Corporation Corporate Events
Sala Corporation Books ¥793 Million Derivative Gain and Sets FX-Neutral Dividend Policy
Jul 7, 2026
Sala Corporation reported that in the first six months of its fiscal year ending November 30, 2026, it booked ¥793 million in non-operating income from a gain on valuation of derivatives linked to forward exchange contracts. These contracts h...
Sala Corporation Lifts Full-Year Profit Outlook After Strong First-Half Earnings
Jul 7, 2026
Sala Corporation reported consolidated net sales of ¥129.7 billion for the six months ended May 31, 2026, down 1.2% year on year, while significantly improving operating profit by 26.7% to ¥7.5 billion and boosting profit attributable to...
Sala Corporation to Merge Housing Subsidiaries in Shift to Stock-Based Renovation Model
Jul 7, 2026
Sala Corporation will reorganize its housing operations by merging several consolidated subsidiaries and consolidating renovation-related functions to accelerate its shift toward a stock housing business model. The plan includes absorption-type me...
Sala Raises Profit and Dividend Forecasts After Strong First-Half Earnings
Jul 7, 2026
Sala Corporation reported that consolidated profits for the six months ended May 31, 2026 significantly exceeded earlier forecasts, despite slightly lower net sales. Strong equipment and construction sales in its Energy Solutions business and smo...
Sala Corporation Delivers Strong Profit Rebound and Lifts Dividend Forecast
Jul 7, 2026
Sala Corporation reported consolidated net sales of ¥129.67 billion for the six months ended May 31, 2026, down 1.2% year on year, but achieved a sharp profit recovery. Operating profit rose 26.7% to ¥7.46 billion, ordinary profit jumped...
SALA Corporation Reports Ongoing Progress in ¥3 Billion Share Buyback Program
Jul 7, 2026
SALA Corporation has reported progress on its ongoing share buyback program authorized by its board in March 2026 under the Companies Act, acquiring 296,000 common shares in June via market purchases on the Tokyo Stock Exchange for approximately &...
SALA Corporation Reports Nearly 47% Progress on Share Buyback Program
Jun 3, 2026
SALA Corporation has reported progress on its ongoing share buyback program authorized by its board in March 2026, conducted under provisions of the Companies Act. Between May 1 and May 29, the company repurchased 224,900 common shares through mar...
SALA Corporation Reports One-Third Progress on Ongoing Share Buyback Program
May 8, 2026
SALA Corporation has reported progress on its ongoing share buyback program authorized by the board in early March, using provisions under Japan’s Companies Act to repurchase its own common shares. The company acquired 214,900 shares on the ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.