Metal Products · Fiscal year end Mar 31

Sanwa Holdings Corporation

5929

三和ホールディングス株式会社

FIGI BBG000BLCXF85929.T5929 JPCorp. no. 3011101010289

Latest half-year results

First half · fiscal year to 2026-03 · filed 2025-11-13

For the first half of the fiscal year to 2026-03: Revenue ¥309.2 billion (-1.5% YoY), Ordinary income ¥34.5 billion (+0.9% YoY), Net income ¥26.5 billion (+11.3% YoY).

	This period	Year on year
Revenue	¥309.2bn	-1.5%
Ordinary profit	¥34.5bn	+0.9%
Net profit to owners	¥26.5bn	+11.3%

From the securities report on EDINET, which states no forecast. History via /v1/companies/5929/earnings-releases.

Financials

Japan GAAP · consolidated · fiscal year to 2026-03-31

Revenue: ¥660.7bn
Net income: ¥59.8bn
ROE: 17.8%
Equity ratio: 63.6%
Dividend / share: ¥130
Employees: 13,174

Revenue · ¥bn

Net income · ¥bn

Fiscal year	Revenue	Net income	Total assets	Net assets	ROE	EPS	Operating CF
2026-03-31	¥660.7bn	¥59.8bn	¥547.8bn	¥351.0bn	17.8%	¥281.61	¥61.4bn
2025-03-31	¥662.4bn	¥57.5bn	¥534.6bn	¥324.2bn	19.0%	¥264.61	¥76.9bn
2024-03-31	¥611.1bn	¥43.2bn	¥491.7bn	¥285.5bn	16.5%	¥196.03	¥72.4bn
2023-03-31	¥588.2bn	¥33.1bn	¥442.3bn	¥242.4bn	15.0%	¥149.71	¥34.4bn
2022-03-31	¥469.0bn	¥22.8bn	¥386.2bn	¥203.3bn	12.0%	¥103.4	¥20.5bn

Indicators

Computed by us from filings · fiscal year to 2026-03-31

Metric	Value	Percentile among listed companies
ROE, %	17.8	84.6
Ordinary margin	0.1221	76
Equity ratio, %	63.6	64
Revenue growth	-0.0025	23.7
Net income growth	0.0394	39.8
Operating cash flow / assets	0.1121	78.9

Policy-uncertainty measure0.00 Share of the report's text discussing policy-related uncertainty, by policy area. Proprietary text method.

Ownership activity 0 filer(s) stated they may make proposals in 365 days; 0 new 5% holder(s) in 180 days; net stake change 0.00pt in 90 days; 10.2% held by other listed companies.

Results wording balance: 0.00. Proprietary text method; it describes the wording only and does not interpret context.

Interest example: if all ¥44.6bn of reported debt repriced by 50 basis points, a year's interest would rise by ¥223m, 0.4% of operating cash flow. Our arithmetic only, not a forecast: fixed-rate debt and hedges are ignored.

Via /v1/companies/5929/indicators. Descriptive figures, not a rating and not investment advice.

From other filings

As the company states them

Share buyback, report to —: ¥10.0bn acquired of a ¥10.0bn limit. /v1/companies/5929/buybacks

Internal control, 2026-06-22: see filing 上記の評価の結果、当事業年度末日時点において、当社の財務報告に係る内部統制は有効であると判断した。 Filing

Segments, votes and tender offers

Stated in EDINET filings

Segments: Japan, North America, Europe, Asia. /v1/companies/5929/segments

Latest voting result: 2026-06-24 · 剰余金の処分の件 · passed. /v1/companies/5929/voting

Ownership changes

All companies →

2026-06-10

Amendment+1.60pt

ValueAct Capital Management, L.P. filed a correction to a 5% report on Sanwa Holdings Corporation (5929).

S100Y9YKFiler profile Original filing (PDF, Japanese)
2026-05-28

Purpose change+1.60pt

ValueAct Capital Management, L.P. changed its stated purpose for holding Sanwa Holdings Corporation (5929): may_make_proposals, pure_investment -> may_make_proposals.

S100Y5TYFiler profile Original filing (PDF, Japanese)
2026-05-28

Increase+1.60pt

ValueAct Capital Management, L.P. raised holdings in Sanwa Holdings Corporation (5929) to 7.54% from 5.94%.

S100Y5TYFiler profile Original filing (PDF, Japanese)
2026-05-08

Below 5%−1.04pt

Mitsubishi UFJ Financial Group, Inc. cut holdings in Sanwa Holdings Corporation (5929) to 3.96% from 5.00%, below the 5% threshold.

S100Y1SIFiler profile Original filing (PDF, Japanese)
2026-01-06

New 5% stake

BlackRock Japan Co., Ltd. disclosed a 5.02% stake in Sanwa Holdings Corporation (5929), crossing the 5% reporting threshold.

S100XDYSFiler profile Original filing (PDF, Japanese)
2025-09-05

Increase+1.16pt

Sumitomo Mitsui DS Asset Management Company, Limited raised holdings in Sanwa Holdings Corporation (5929) to 8.35% from 7.19%.

S100WN9WFiler profile Original filing (PDF, Japanese)
2024-09-25

Stated it may make proposals

ValueAct Capital Management, L.P. states it may make proposals to the management of Sanwa Holdings Corporation (5929) (first filing).

S100UEFOFiler profile Original filing (PDF, Japanese)
2024-09-25

New 5% stake

ValueAct Capital Management, L.P. disclosed a 5.94% stake in Sanwa Holdings Corporation (5929), crossing the 5% reporting threshold.

S100UEFOFiler profile Original filing (PDF, Japanese)
2024-06-10

Below 5%−1.00pt

Dalton Investments, Inc. cut holdings in Sanwa Holdings Corporation (5929) to 4.59% from 5.59%, below the 5% threshold.

S100TKUPFiler profile Original filing (PDF, Japanese)
2024-06-06

Below 5%−1.05pt

Sumitomo Mitsui Trust Asset Management Co.,Ltd. cut holdings in Sanwa Holdings Corporation (5929) to 4.03% from 5.08%, below the 5% threshold.

S100TJVPFiler profile Original filing (PDF, Japanese)

Trades by 5% holders

From the 60-day trade tables in 5% reports

Bought SoldHover a dot for the trade

Holder	Period	Net shares	Net % of shares	Avg. filed price	Range
ValueAct Capital Master Fund, L.P.	2024-09-23 – 2026-05-21	+10,409,671	+4.61pt	¥3,439.03	¥3,339–3,508
ValueAct Capital Management, L.P.	2024-09-23 – 2026-05-21	+11,507,571	+5.10pt	¥3,452.95	¥3,375–3,508
ValueAct Japan Master Fund, L.P.	2024-09-23 – 2026-05-21	+1,097,900	+0.49pt	¥3,584.95	¥3,508–3,675
Dalton Investments, Inc.	2023-12-31 – 2024-06-03	-1,853,800	−0.79pt	¥2,495.77	¥2,496–2,496
Dalton Investments, Inc.	2023-12-31 – 2023-12-31	0	0.00pt	—	—
Dalton Investments LLC	2023-05-26 – 2023-12-31	+2,995,500	+1.28pt	¥1,853.3	¥1,818–1,861

Net shares and the average are our calculations. Prices are filed prices as stated by the filer, mostly for off-market trades; they are not market prices. Stock lending, custody transfers and option exercises are excluded from net shares. Every row via /v1/companies/5929/trades.

5% filings

Large shareholding reports on 5929

Filed	Filer	Stake	Change	Stated purpose
2026-06-10	ValueAct Capital Management, L.P.	7.54%	+1.60pt	may make proposals
2026-05-28	ValueAct Capital Management, L.P.	7.54%	+1.60pt	may make proposals
2026-05-08	Mitsubishi UFJ Financial Group, Inc.	3.96%	−1.04pt	strategic holding
2026-01-06	BlackRock Japan Co., Ltd.	5.02%	—	pure investment
2025-09-05	Sumitomo Mitsui DS Asset Management Company, Limited	8.35%	+1.16pt	pure investment
2024-09-25	ValueAct Capital Management, L.P.	5.94%	—	may make proposals pure investment
2024-06-10	Dalton Investments, Inc.	4.59%	−1.00pt	shareholder value engagement
2024-06-06	Sumitomo Mitsui Trust Asset Management Co.,Ltd.	4.03%	−1.05pt	—
2024-03-04	Mitsubishi UFJ Financial Group, Inc.	5.00%	—	strategic holding
2024-02-19	Mitsubishi UFJ Financial Group, Inc.	4.72%	−0.88pt	strategic holding

Cross-shareholdings

From the annual report's status of shareholdings

Listed strategic holdings: 22 issues
Book value: ¥31.8bn
Sold in the year: — — issues
Bought in the year: ¥6m 5 issues
Mutual, both reports: 8
Held by listed cos.: 11

Holds	Book value	Shares vs. prior year	Mutual
HOCHIKI CORPORATION 6745	¥14.0bn	0.0%	both reports
Sumitomo Realty & Development Co.,Ltd. 8830	¥10.2bn	+100.0%	both reports
Sumitomo Mitsui Financial Group, Inc. 8316	¥2.9bn	-7.5%	both reports
SINFONIA TECHNOLOGY CO., LTD. 6507	¥1.7bn	0.0%	both reports
Sekisui House,Ltd. 1928	¥0.9bn	+0.1%	no
Hulic Co.,Ltd. 3003	¥0.4bn	0.0%	no
NIPPON STEEL CORPORATION 5401	¥0.4bn	+319.1%	both reports
Mitsubishi UFJ Financial Group, Inc. 8306	¥0.3bn	-10.7%	stated
Sekisui Chemical Co.,Ltd. 4204	¥0.3bn	0.0%	no
Kyushu Railway Company 9142	¥0.2bn	0.0%	no

Held by: Sumitomo Mitsui Financial Group, Inc. 8316, MS&AD Insurance Group Holdings, Inc. 8725, NIPPON STEEL CORPORATION 5401, Sumitomo Realty & Development Co.,Ltd. 8830, CANOX CORPORATION 8076, Sompo Holdings, Inc. 8630, SINFONIA TECHNOLOGY CO., LTD. 6507, Tokio Marine Holdings, Inc. 8766, HOCHIKI CORPORATION 6745, Sankyo Tateyama,Inc. 5932, Shinsho Corporation 8075

Purposes, all holdings and mutual flags via /v1/companies/5929/cross-holdings. Share changes include stock splits.

Major shareholders

As of fiscal year end 2026-03-31

Shareholder	Shares	Ratio
日本マスタートラスト信託銀行株式会社（信託口）	29,646,000	14.13%
株式会社日本カストディ銀行（信託口）	13,821,000	6.59%
株式会社三井住友銀行	10,038,000	4.78%
第一生命保険株式会社	6,784,000	3.23%
CGML PB CLIENT ACCOUNT/COLLATERAL	6,161,000	2.94%
STATE STREET BANK AND TRUST COMPANY 505010	5,756,000	2.74%
あいおいニッセイ同和損害保険株式会社	5,140,000	2.45%
STATE STREET BANK AND TRUST COMPANY 505001	3,758,000	1.79%
ゴールドマン・サックス証券株式会社 BNYM	3,420,000	1.63%
日本生命保険相互会社	3,348,000	1.60%

U.S. funds holding 5929

SEC Form N-PORT, reports to 2026-07-31

115 U.S. funds held 22,021,280 shares worth $494.6m.

Fund	Shares	Value	% of fund	As of
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS	2,777,162	$59.5m	0.009%	2026-07-31
FMI International Fund FMI Funds Inc	2,355,310	$55.2m	2.821%	2026-06-30
VANGUARD DEVELOPED MARKETS INDEX FUND VANGUARD TAX-MANAGED FUNDS	1,863,531	$43.7m	0.014%	2026-06-30
iShares Core MSCI EAFE ETF iShares Trust	1,366,100	$29.3m	0.015%	2026-07-31
MFS International New Discovery Fund MFS Series Trust V	1,120,500	$26.3m	0.344%	2026-06-30

Up to 25 funds per stock via the API.

Get this as JSON

GET /v1/companies/5929
GET /v1/companies/5929/financials
GET /v1/companies/5929/details
GET /v1/companies/5929/segments
GET /v1/companies/5929/voting
GET /v1/companies/5929/tender-offers
GET /v1/companies/5929/indicators
GET /v1/companies/5929/earnings-releases
GET /v1/events?ticker=5929
GET /v1/companies/5929/trades         
GET /v1/companies/5929/cross-holdings 
GET /v1/companies/5929/brief

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