Sato Trading has formulated the Fourth Medium-Term Management Plan for 2026-2028. Final year targets include sales of 320 billion yen, operating profit of 9 billion yen, ROIC 6.0%, and an annual dividend of 82 yen per share.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"8065","jir_company_name":"Sato Trading Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-05-08","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/05\/8065-20260508-01.pdf","jir_short_summary":"Sato Trading has formulated the Fourth Medium-Term Management Plan for 2026-2028. Final year targets include sales of 320 billion yen, operating profit of 9 billion yen, ROIC 6.0%, and an annual dividend of 82 yen per share.","jir_summary":"### Achievement of the Third Medium-Term Management Plan\nFor FY2025, consolidated sales reached 291 billion yen (up 2.7% YoY), with consolidated operating income of 7.6 billion yen (up 12.6% YoY), achieving the performance targets. ROIC was 5.4%, exceeding the 5.0% goal, and overseas sales also performed well at 66.6 billion yen (up 22.8% YoY). The three-year total growth investment amount was 14 billion yen, exceeding the target of 13 billion yen.\n\n### Overview of the Fourth Medium-Term Management Plan (2026-2028)\nThe management vision is 'The power to connect \uff5e\u3064\u306a\u3050\u529b\uff5e', aiming for a 100-year company, emphasizing value sharing with multiple stakeholders. The plan targets include sales of 320 billion yen, operating profit of 9 billion yen, consolidated ordinary profit of 9.2 billion yen, ROIC 6.0%, ROE over 8.0%, and a PBR of over 1.0x. Growth investments over three years are planned to exceed 15 billion yen, focusing on DX promotion and human resource investments. The dividend policy aims for over 30% of consolidated net income, with a minimum DOE of 2.7%, and an expected annual dividend of 87 yen per share in FY2026. Share buyback will also be continuously considered.","jir_financial_highlights":"Consolidated Sales: 291 billion yen (up 2.7% YoY)\nConsolidated Operating Income: 7.6 billion yen (up 12.6% YoY)\nROIC: 5.4% (Achieves plan target of over 5.0% in the final year)\nConsolidated Overseas Sales: 66.6 billion yen (up 22.8% YoY)\nAnnual Dividend per Share: 82 yen (up 6 yen YoY)\nTotal Dividends: 1,711 million yen (increase of 112 million yen YoY)\nConsolidated Net Income: 5,662 million yen (up 673 million yen YoY)","jir_category":"","jir_hashtags":"#SatoTrading, #MediumTermManagementPlan, #GrowthStrategy, #DividendPolicy, #JapanStocks","jir_key_figures":"FY2025 consolidated sales: 291 billion yen (up 2.7% YoY)\nFY2025 consolidated operating income: 7.6 billion yen (up 12.6% YoY)\nFinal year sales target for Fourth Medium-Term Management Plan: 320 billion yen\nFinal year operating profit target for Fourth Medium-Term Management Plan: 9 billion yen\nAnnual dividend per share (FY2025 actual): 82 yen\nAnnual dividend per share (FY2026 forecast): 87 yen\nThree-year growth investment amount target: over 15 billion yen","jir_meta_title":"\u3010Sato Trading\u3011Formulation of the Fourth Medium-Term Management Plan\uff5cTarget Sales of 320 billion yen\uff5cMay 2026","jir_meta_description":"Sato Trading announces the Fourth Medium-Term Management Plan for 2026-2028, aiming for sales of 320 billion yen, operating profit of 9 billion yen, and ROIC of 6.0%, with dividends increasing from 82 yen to 87 yen per share annually.","jir_og_title":"\u3010Sato Trading\u3011Formulation of the Fourth Medium-Term Management Plan\uff5cTarget Sales of 320 billion yen","jir_og_description":"Sato Trading announces its medium-term management plan for 2026-2028, including over 15 billion yen in growth investments and strengthened shareholder returns through stable dividends.","jir_og_image_url":"\/assets\/og\/company-business_update.jpg","jir_chart_data_collection":"[]","ir_related_company":17406,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-45192","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n