Sansan, Inc.

Shares of Sansan Inc. fell 8% from the previous trading day to 2,040 yen on September 7, marking a decline of nearly 12% from the one-month high of 2,315 yen. According to the company's financial results for the fiscal year ending May 2026, net sales were 53.7 billion yen (up 24.4% year-on-year), operating profit was 8.1 billion yen (up 192.3% year-on-year), and the operating margin reached 15.2%, surpassing the median of 8.6% for the information and communications industry. Net profit for the period was 6.7 billion yen, EPS was 53.58 yen, and ROE was 38.8%. For the fiscal year ending May 2027, the company forecasts net sales of 63.7 billion yen (up 18.5%), operating profit of 12.5 billion yen (up 52.9%), and net profit of 8.3 billion yen (up 23.6%). The projected annual dividend is expected to double to 5.0 yen per share. The share price decline may be due to a combination of valuation adjustments and a general downturn in growth stocks.

The Nikkei Stock Average extended its losses in the morning session on the Tokyo Stock Exchange, falling 564.37 points from the previous close to 66,678.36. Overnight declines in US equities and a pullback in AI and semiconductor stocks weighed on sentiment, leading to early selling. Rising crude oil prices amid escalating tensions in the Middle East also added pressure. On the other hand, buying emerged in stocks such as Bookoff Group Holdings and Sansan, which reported strong earnings, as well as Oriental Land, which drew attention on price hike expectations, preventing a broader market rout. The TOPIX ended the morning session down 0.12% at 4,002.62, with trading value on the Tokyo Stock Exchange Prime Market reaching 5.377413 trillion yen.

The Nikkei Average rebounded on the 14th, closing 500 yen higher at 67,743 yen. It started lower on the back of a decline in US stocks, and at one point in early trading fell by more than 900 yen. However, in the afternoon session, as South Korea's KOSPI index regained composure, movements in AI-related stocks improved, and the index turned positive. Trading value on the Tokyo Stock Exchange Prime Market was approximately 10.76 trillion yen. By sector, mining, shipping, and chemicals posted sharp gains, while only three sectors declined: non-ferrous metals, machinery, and glass and ceramics. Among individual stocks, Sansan surged on the back of a sharp profit increase in the previous fiscal year and a strong profit outlook for the current fiscal year. Meanwhile, Money Forward fell sharply despite raising its full-year operating profit forecast, highlighting a divergence in SaaS-related earnings results.