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Sansan, Inc.
(4443)
Select Model
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Rating:68Neutral
Price Target:
¥2,207.00
▲(1.28% Upside)
Action:Downgraded
Date:10/14/26
The score is driven primarily by improving financial performance—strong growth, very high gross margins, and a notable profitability inflection supported by positive cash generation and low leverage. Offsetting this are a mixed near-term technical picture (below 20/50-day averages) and a relatively high P/E with a very low dividend yield, which limits valuation support.
Positive Factors
Strong Revenue Growth
Rapid multi-year revenue growth indicates expanding customer adoption and a scalable market opportunity. Continued top-line momentum can support reinvestment in product development, sales capacity, and customer expansion while strengthening Sansan’s position in business productivity software.
Negative Factors
Profitability Durability Risk
The sharp improvement in returns is encouraging but has not yet been demonstrated across multiple business conditions. Earlier weak or negative returns increase uncertainty about whether the current profitability level reflects a durable structural improvement or a still-evolving earnings profile.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
Rapid multi-year revenue growth indicates expanding customer adoption and a scalable market opportunity. Continued top-line momentum can support reinvestment in product development, sales capacity, and customer expansion while strengthening Sansan’s position in business productivity software.
Read all positive factors
Sansan, Inc. (4443) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥263.20B
Dividend Yield0.12%
Average Volume (3M)1.29M
Price to Earnings (P/E)33.9
Beta (1Y)0.79
Revenue Growth22.50%
EPS Growth631.99%
CountryJP
Employees2,336
SectorGeneral
Sector StrengthN/A
IndustrySoftware - Application
Share Statistics
EPS (TTM)53.56
Shares Outstanding126,906,105
10 Day Avg. Volume1,786,620
30 Day Avg. Volume1,286,096
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)10.63
Price to Sales (P/S)4.15
P/FCF Ratio23.65
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥2,050.00Price Target Upside-5.92% Downside
Rating ConsensusHold
Number of Analyst Covering2
EPS Forecast (FY)75.94
Revenue Forecast (FY)¥64.28B
Sansan, Inc. Business Overview & Revenue Model
Company Description
Sansan, Inc., a Japanese enterprise, specializes in the development, refinement, and commercialization of business database systems. Its suite of offerings includes Sansan, a cloud-powered platform for comprehensive contact management, designed to...
How the Company Makes Money
Sansan primarily makes money by selling subscription-based (SaaS) cloud services. Its core revenue stream is recurring fees from corporate customers using the Sansan enterprise service, typically priced on a per-user and/or per-contract basis with...
Sansan, Inc. Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
78
Positive
Cash Flow
75
Positive
| Breakdown | May 2026 | May 2025 | May 2024 | May 2023 | May 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 53.76B | 43.20B | 33.88B | 25.51B | 20.42B |
| Gross Profit | 47.26B | 37.41B | 28.81B | 21.83B | 17.91B |
| EBITDA | 9.22B | 1.54B | 1.87B | 854.00M | 1.71B |
| Net Income | 6.78B | 423.00M | 952.00M | -141.00M | 857.00M |
Balance Sheet | |||||
| Total Assets | 54.96B | 48.07B | 37.67B | 31.26B | 26.33B |
| Cash, Cash Equivalents and Short-Term Investments | 37.01B | 31.17B | 24.87B | 21.11B | 15.43B |
| Total Debt | 2.73B | 3.89B | 4.59B | 3.51B | 3.09B |
| Total Liabilities | 33.86B | 32.02B | 22.90B | 18.07B | 14.24B |
| Stockholders Equity | 21.01B | 15.92B | 14.64B | 13.12B | 12.09B |
Cash Flow | |||||
| Free Cash Flow | 9.44B | 7.42B | 5.27B | 3.65B | 2.65B |
| Operating Cash Flow | 9.64B | 9.65B | 5.48B | 3.85B | 3.12B |
| Investing Cash Flow | -608.00M | -2.55B | -3.18B | 1.36B | -1.01B |
| Financing Cash Flow | -3.37B | -654.00M | 1.43B | 523.00M | 909.00M |
Sansan, Inc. Technical Analysis
Positive
2179.00
Price Trends
2084.50
Positive
1882.13
Positive
1617.77
Positive
Market Momentum
-3.15
Negative
51.80
Neutral
56.86
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4443, the sentiment is Positive. The current price of 2179 is above the 20-day moving average (MA) of 2064.15, above the 50-day MA of 2084.50, and above the 200-day MA of 1617.77, indicating a bullish trend. The MACD of -3.15 indicates Negative momentum. The RSI at 51.80 is Neutral, neither overbought nor oversold. The STOCH value of 56.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4443.
Sansan, Inc. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
84 Outperform | ¥147.27B | 19.80 | ― | 1.55% | 20.38% | 45.30% | |
80 Outperform | ¥20.40B | 19.80 | ― | 3.31% | -2.50% | -17.10% | |
68 Neutral | ¥263.20B | 33.89 | ― | 0.24% | 22.50% | 631.99% | |
61 Neutral | ¥6.06B | 16.24 | ― | ― | 23.50% | 2.72% | |
61 Neutral | ¥234.37B | 221.43 | ― | ― | 27.57% | -21.74% | |
61 Neutral | ¥365.18B | 70.35 | 12.28% | ― | 34.69% | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
JP:4443
Sansan, Inc.
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15.63%
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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.