Sun Messe Co Ltd

Sun Messe Co Ltd maintains a strong liquidity position, with cash and equivalents amounting to ¥2.63 billion, representing 12.8% of total assets. The company's liquidity FPT score indicates a low liquidity risk, supported by a current ratio of 1.42 and a debt-to-equity ratio of 0.14, suggesting a conservative capital structure.

Profitability metrics for Sun Messe Co Ltd are below the industry median for commercial printing services. The company's return on equity (ROE) is 0.63%, and return on assets (ROA) is 0.37%, both of which are significantly lower than the industry's typical performance. Gross profit margin stands at 22.2%, while operating margin is 2.5%, indicating limited operating leverage and cost control.

Geographically, Sun Messe Co Ltd's revenue is concentrated in Japan, with no disclosed international operations. The company's business is primarily driven by domestic demand for commercial printing services, and there is no indication of diversification into other revenue streams or geographic regions.

Sun Messe Co Ltd's growth trajectory is modest, with no significant revenue growth reported in the latest financial period. The company's operating cash flow of ¥1.04 billion supports reinvestment and operational flexibility, but capital expenditures of ¥315.7 million suggest a focus on maintaining rather than expanding capacity.

Risk factors for Sun Messe Co Ltd include low liquidity and dilution risk, with no immediate filing-based flags detected. The company's low debt-to-equity ratio and strong cash reserves mitigate financial risk. However, the low ROE and ROA highlight operational inefficiencies that could affect long-term value creation.

Recent events and filings for Sun Messe Co Ltd do not indicate any material changes in business operations or financial strategy. The company's latest actual EPS of ¥21.44 and revenue of ¥16.44 billion align with disclosed financial performance, with no significant deviations from analyst estimates.

Sun Messe generates best-in-class cash conversion at 13.75, significantly outperforming the 1.58 median for commercial printing peers.

The company maintains a conservative debt-to-equity ratio of 0.14, indicating low leverage and minimal credit risk exposure.

Net income grew steadily with a 2.2% CAGR over four years, demonstrating consistent profitability despite revenue fluctuations.

Long-term debt decreased to 1.58 billion JPY in FY2025, reflecting a deliberate strategy to reduce financial obligations.

Free cash flow remained positive at 469 million JPY in FY2025, providing liquidity for operations and potential reinvestment.

Revenue declined 4.2% year-over-year to 16.4 billion JPY, suggesting weakening demand or market share erosion.

Revenue ¥4.28B, −0,0% YoY; Operating income −223,5% YoY.

• ▍Revenue ¥4.28B, −0,0% YoY
• ▍Operating income −223,5% YoY
• ▍Net income −121,4% YoY
• ▍Net margin -0.8%

Revenue ¥3.70B, +0,1% YoY; Operating income −44,1% YoY.

• ▍Revenue ¥3.70B, +0,1% YoY
• ▍Operating income −44,1% YoY
• ▍Net income −56,0% YoY
• ▍Net margin -3.0%

Revenue ¥4.49B, +3,2% YoY; Operating income +41,5% YoY.

• ▍Revenue ¥4.49B, +3,2% YoY
• ▍Operating income +41,5% YoY
• ▍Net income +33,0% YoY
• ▍Net margin 5.3%

Revenue ¥4.11B, −5,1% YoY; Operating income −114,4% YoY.

• ▍Revenue ¥4.11B, −5,1% YoY
• ▍Operating income −114,4% YoY
• ▍Net income −6,6% YoY
• ▍Net margin 1.7%

Revenue ¥4.28B; Operating income ¥88.6M.

• ▍Revenue ¥4.28B
• ▍Operating income ¥88.6M
• ▍Net margin 3.6%

Revenue ¥3.69B; Operating income -¥129.0M.

• ▍Revenue ¥3.69B
• ▍Operating income -¥129.0M
• ▍Net margin -1.9%

Revenue ¥4.35B; Operating income ¥190.0M.

• ▍Revenue ¥4.35B
• ▍Operating income ¥190.0M
• ▍Net margin 4.1%

Revenue ¥4.33B; Operating income ¥109.6M.

• ▍Revenue ¥4.33B
• ▍Operating income ¥109.6M
• ▍Net margin 1.8%

Revenue ¥16.44B; Operating income ¥133.8M.

• ▍Revenue ¥16.44B
• ▍Operating income ¥133.8M
• ▍Net margin 2.0%

Revenue ¥17.15B, +3,3% YoY; Operating income +87,8% YoY.

• ▍Revenue ¥17.15B, +3,3% YoY
• ▍Operating income +87,8% YoY
• ▍Net income +23,9% YoY
• ▍Free cash flow +158,7% YoY
• ▍Net margin 1.9%

Revenue ¥16.60B, +11,2% YoY; Operating income −31,7% YoY.

• ▍Revenue ¥16.60B, +11,2% YoY
• ▍Operating income −31,7% YoY
• ▍Net income −13,2% YoY
• ▍Free cash flow −686,5% YoY
• ▍Net margin 1.6%

Revenue ¥14.93B; Operating income ¥224.3M.

• ▍Revenue ¥14.93B
• ▍Operating income ¥224.3M
• ▍Net margin 2.0%