Loading…
Tokyo company that recovers and refines precious metals from electronics-industry scrap, sells electronic materials, and trades food-processing ingredients.
Tokyo company that recovers and refines precious metals from electronics-industry scrap, sells electronic materials, and trades food-processing ingredients.
Takes in scrap and process residues from electronics makers, extracts the gold, silver and other precious metals and sells them back as metal and as electronic materials, so earnings rise and fall with metal prices and scrap flows. A food division, trading seafood and meat ingredients and running logistics, is a second leg, and a small environmental unit treats industrial waste.
Moat: narrow (distribution, regulatory licence). Long-standing recycling relationships with electronics makers and waste-processing licences; trading margins are thin.
Headquarters: Tokyo, Japan · Founded: 1951 · Employees: 1,761
Size Matsuda Sangyo (7456.T) is a Japan Industrials company (Wholesale Distributors) with a market value of $891M, the 782nd largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥5,830 on 6 Nov 2026.
Performance Over six months the shares fell 12.2%, against -15.0% for the median peer and +1.8% for the Japan market (cap-weighted) — 10th highest of 21 in its peer set.
Growth Revenue grew 48.9% over the last twelve months (peer median +6.2%); the operating margin is 3.9% (peer median 3.9%).
Valuation It trades at 5.6× forward earnings against a peer median of 11.7× (2nd cheapest of 12).
Capital Return on invested capital runs 3.7 points above its cost of capital (9.0% WACC).
Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥750B | ¥688B | ¥469B | ¥361B | ¥351B |
| Revenue growth | — | +47% | +30% | +3% | — |
| Gross profit | ¥54.9B | ¥46.8B | ¥34.1B | ¥29.1B | ¥32.6B |
| EBITDA | ¥32.9B | ¥26.2B | ¥15.6B | ¥11.8B | ¥16.1B |
| Net income | ¥21.4B | ¥16.8B | ¥9.46B | ¥7.29B | ¥9.70B |
| Free cash flow | -¥6.10B | -¥14.5B | -¥1.06B | -¥4.70B | -¥492M |
| Capital expenditure | ¥4.92B | ¥6.22B | ¥4.08B | ¥7.77B | ¥11.8B |
| Total debt | ¥45.7B | ¥52.5B | ¥33.5B | ¥29.4B | ¥19.2B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Matsuda Sangyo 7456.T | $891M | -12% | +49% | 4% | 5.6× | n/a |
| Dowa 5714.T | $2.78B | -22% | +29% | 6% | 6.9× | n/a |
| Mitsubishi Materials 5711.T | $3.21B | -24% | +7% | 5% | 3.7× | n/a |
| Sumitomo Metal Mining 5713.T | $13.2B | -19% | +22% | 14% | 8.1× | 8.5% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 7456.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -13.0% | -5.3% | 6th lowest of 21 |
| 6-month return | -12.2% | -15.0% | 10th highest of 21 |
| Distance from 52-week high | -34.2% | -33.3% | 10th lowest of 21 |
| Revenue growth (TTM) | +48.9% | +6.2% | 2nd highest of 21 |
| Operating margin | 3.9% | 3.9% | 11th highest of 21 |
| Forward P/E | 5.6× | 11.7× | 2nd cheapest of 12 |
| ROIC minus cost of capital | +3.7 pp | +0.3 pp | 4th highest of 21 |
| Net debt / EBITDA | 1.0× | 0.7× | 6th most indebted of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Matsuda Sangyo 7456.T | Japan | $891M | -12% | +49% | 4% | 5.6× | n/a | n/a |
| Superior Plus SPB.TO | Canada | $890M | -22% | -7% | 8% | 13.8× | -1.3% | +13.7% |
| Mitsuuroko 8131.T | Japan | $893M | +26% | 0% | 3% | n/a | -3.7% | +8.4% |
| Yellow Hat 9882.T | Japan | $888M | +12% | +7% | 9% | n/a | -5.5% | +3.1% |
| Wah Lee Industrial 3010.TW | Taiwan | $910M | -15% | +6% | 4% | 11.4× | -6.5% | +5.8% |
| Kamei 8037.T | Japan | $869M | +40% | +1% | 3% | n/a | -13.1% | +7.6% |
| Lx International 001120.KS | South Korea | $913M | -35% | +11% | 2% | 4.6× | n/a | n/a |
| Auto Partner APR.WA | Poland | $928M | +26% | +67% | 8% | 12.2× | -5.0% | +21.5% |
| MAAS MGH.AX | Australia | $849M | -20% | +31% | 8% | 11.7× | n/a | n/a |
| San-ai Obbli 8097.T | Japan | $843M | -3% | -8% | 2% | n/a | -3.1% | +5.2% |
| Huludao Zinc Industry 000751.SZ | China | $943M | -36% | +17% | 1% | n/a | n/a | n/a |
| Dlg Exhibitions & Events 600826.SS | China | $944M | -9% | +2% | 15% | 18.7× | 6.9% | -11.5% |
| State Power Rixin Technology 301162.SZ | China | $944M | -25% | +12% | 17% | 36.8× | 22.6% | +23.8% |
| Hangzhou Cogeneration 605011.SS | China | $956M | -23% | -1% | 5% | n/a | n/a | n/a |
| Trusco Nakayama 9830.T | Japan | $958M | +6% | +10% | 7% | 9.4× | n/a | n/a |
| China Aviation Oil (Singapore) G92.SI | Singapore | $815M | -39% | -8% | 0% | 8.3× | -11.7% | +8.2% |
| Yamazen 8051.T | Japan | $978M | +13% | +7% | 2% | n/a | -6.3% | +4.5% |
| Shandong Nanshan Fashion Sci-Tech 300918.SZ | China | $808M | -24% | +40% | 5% | 38.9× | n/a | n/a |
| SK Networks 001740.KS | South Korea | $804M | -4% | -4% | 1% | 9.9× | n/a | n/a |
| Dongfeng Electronic Technology 600081.SS | China | $795M | -15% | -15% | 3% | n/a | 2.3% | -3.6% |
| Deep Source 0990.HK | Hong Kong | $1.00B | -31% | +7% | 2% | n/a | -13.6% | +6.1% |