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Sala Corporation
(2734)
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Rating:56Neutral
Price Target:
¥1,200.00
▼(-2.91% Downside)
Action:Reiterated
Date:10/07/26
The score is primarily held back by weak cash generation (negative free cash flow and low operating cash flow conversion) despite improving revenue/margin trends and a reasonably managed balance sheet. Technical indicators add near-term caution due to bearish momentum, while valuation (low P/E and decent dividend yield) is the main offsetting positive.
Positive Factors
Revenue Growth
Strong TTM revenue growth indicates continued expansion in the company’s business base and supports operating momentum over the coming quarters. If sustained, broader revenue provides a foundation for improved earnings, greater scale, and continued investment across its diversified operations.
Negative Factors
Weak Cash Generation
Low operating cash flow relative to earnings and negative free cash flow weaken the conversion of reported profits into usable funds. If this recent deterioration persists, the company may have less flexibility to fund reinvestment internally and could face greater reliance on external financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Strong TTM revenue growth indicates continued expansion in the company’s business base and supports operating momentum over the coming quarters. If sustained, broader revenue provides a foundation for improved earnings, greater scale, and continued investment across its diversified operations.
Read all positive factors
Sala Corporation (2734) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥74.34B
Dividend Yield2.75%
Average Volume (3M)122.47K
Price to Earnings (P/E)10.1
Beta (1Y)0.70
Revenue Growth2.82%
EPS Growth13.88%
CountryJP
Employees4,172
SectorIndustrials
Sector Strength72
IndustryConglomerates
Share Statistics
EPS (TTM)111.83
Shares Outstanding66,041,145
10 Day Avg. Volume90,300
30 Day Avg. Volume122,466
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...
Sala Corporation Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
66
Positive
Cash Flow
38
Negative
| Breakdown | TTM | Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 258.07B | 251.53B | 240.50B | 242.06B | 234.85B | 227.94B |
| Gross Profit | 63.93B | 55.91B | 51.83B | 50.54B | 52.07B | 52.89B |
| EBITDA | 17.81B | 16.31B | 14.58B | 16.19B | 15.55B | 15.25B |
| Net Income | 7.15B | 5.87B | 5.25B | 6.10B | 5.68B | 5.26B |
Balance Sheet | ||||||
| Total Assets | 221.45B | 218.34B | 202.28B | 189.27B | 188.42B | 187.48B |
| Cash, Cash Equivalents and Short-Term Investments | 26.41B | 31.88B | 26.40B | 22.97B | 24.19B | 24.75B |
| Total Debt | 69.97B | 61.65B | 55.64B | 54.23B | 53.65B | 58.60B |
| Total Liabilities | 123.94B | 124.77B | 116.66B | 110.62B | 115.06B | 120.78B |
| Stockholders Equity | 95.50B | 91.72B | 83.98B | 77.18B | 72.01B | 65.43B |
Cash Flow | ||||||
| Free Cash Flow | -4.98B | 6.89B | 4.37B | 98.00M | 5.14B | 10.47B |
| Operating Cash Flow | 6.42B | 16.16B | 14.24B | 5.76B | 9.93B | 15.82B |
| Investing Cash Flow | -14.65B | -12.43B | -10.33B | -5.62B | -3.86B | -4.40B |
| Financing Cash Flow | 4.10B | 1.75B | -431.00M | -1.37B | -6.52B | -8.79B |
Sala Corporation Technical Analysis
Neutral
1236.00
Price Trends
1198.18
Negative
1120.09
Positive
1099.39
Positive
Market Momentum
-6.09
Positive
34.84
Neutral
11.39
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 1214.40, above the 50-day MA of 1198.18, and above the 200-day MA of 1099.39, indicating a neutral trend. The MACD of -6.09 indicates Positive momentum. The RSI at 34.84 is Neutral, neither overbought nor oversold. The STOCH value of 11.39 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 | ¥113.62B | 8.89 | ― | 3.41% | 26.31% | 26.95% | |
78 Outperform | ¥100.90B | 8.19 | ― | 3.82% | -0.84% | 25.94% | |
77 Outperform | ¥62.25B | 12.94 | 15.68% | 2.71% | 4.06% | 21.14% | |
75 Outperform | ¥54.65B | 14.26 | ― | 3.28% | 10.47% | 9.16% | |
72 Outperform | ¥51.84B | 28.19 | ― | 1.58% | 38.60% | -21.06% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
56 Neutral | ¥74.34B | 10.07 | ― | 2.75% | 2.82% | 13.88% |
* Industrials Sector Average
JP:2734
Sala Corporation
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Sala Corporation Corporate Events
Sala Corporation Books ¥1.0 Billion Derivative Gain While Reaffirming Dividend Policy
Oct 6, 2026
Sala Corporation reported non-operating income of ¥1,021 million in the first nine months of its fiscal year ending November 30, 2026, stemming from gains on the valuation of forward exchange contracts. The company uses these long-term hedgin...
Sala Corporation lifts nine-month profits and maintains stable dividend outlook
Oct 6, 2026
Sala Corporation reported consolidated net sales of ¥193.46 billion for the nine months ended 31 August 2026, up 3.5% year on year, with operating profit climbing 34.1% to ¥8.17 billion and profit attributable to owners of parent rising ...
Sala Corporation Reports Progress on Ongoing Share Buyback Program
Sep 3, 2026
Sala Corporation, listed on the Tokyo and Nagoya exchanges, is pursuing shareholder-focused capital measures through a substantial share repurchase program authorized by its board. The disclosure centers on the execution status of this buyback and...
SALA Corporation Reports 71% Progress on Share Buyback Program
Aug 6, 2026
SALA Corporation has continued its share buyback program, acquiring 189,400 of its own common shares on the Tokyo Stock Exchange between July 1 and July 31, 2026, at a total cost of ¥214.8 million. The purchases were conducted via market tran...
Sala Corporation Finalizes Adjusted Treasury Share Disposal for Employee Stock Plan
Jul 27, 2026
Sala Corporation has completed the payment procedures for the disposal of treasury shares under its restricted stock incentive plan for the employee stock ownership association, originally approved by the board in March 2026. The disposal involves...
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 &...
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.