Sanrio Co., Ltd. (TSE 8136)
Three years of accounts, in which net sales nearly doubled, operating profit nearly tripled, and the share price rose faster than either before giving much of it back.
The accounts
Three years
| ¥ billion · year ended 31 March | YE Mar 2024 | YE Mar 2025 | YE Mar 2026 |
|---|---|---|---|
| Net sales | 99.98 | 144.9 | 194.1 |
| Operating profit | 27.0 | 51.8 | 77.9 |
| Net income | 17.6 | 41.7 | 54.6 |
| Operating margin | ~27% | ~36% | ~40% |
Sanrio (8136)
Market capitalization, 2023–2026
Market capitalization, ¥ trillion. The line is Sanrio’s real split-adjusted monthly share price (Yahoo Finance), scaled so the reported ¥1T crossing (Oct 2024) sits at 1.0. That scaling independently reproduces the reported ~¥1.6T mid-2025 peak. The two stock splits (3-for-1 Apr 2024, 5-for-1 Apr 2026) do not move market cap.
The stock rose about 150 percent in 2024 and roughly another 95 percent across 2025. Market cap crossed ¥1 trillion in October 2024, years ahead of the company’s own target, and peaked near ¥1.6 trillion, about $10 billion, in the middle of 2025. Return on equity reached around 48.6% that year.
The shares then gave back more than 40% from the peak into early 2026, selling off alongside China’s Pop Mart after the Labubu mania cooled, with US–China tension and Bank of Japan rate hikes added on top.
By mid-2026 the company was worth roughly ¥1.14 trillion. The dividend has been raised every year, with a stated payout target of at least 30 percent of earnings. The business kept growing through the round trip; it was the multiple the market would pay that moved.
Who runs it
- CEO
- Tomokuni TsujiPresident and CEO since 1 July 2020. Grandson of the founder, he was 31 when he took over, in the company’s first leadership change in roughly 60 years.
- Founder
- Shintaro TsujiFounder and honorary chairman. Still alive at about 98, he regained billionaire status as the shares ran up.
- Listing
- Tokyo Stock Exchange · Prime · 8136Fiscal year ends March 31
Sources of record