SAN HOLDINGS,INC. (9628) Stock Price

Sann Holdings is primarily engaged in the funeral services business, providing funeral arrangements and related products and services. The company operates through 9 consolidated subsidiaries and 1 affiliate accounted for using the equity method, offering a comprehensive range of funeral-related services.

The Koekisha Group provides funeral and ceremonial services in the Kansai and Greater Tokyo regions. Excel Support Service offers funeral-related product sales and care services, while Lifeforward operates a web platform for end-of-life planning services.

The Sosen Group provides funeral services primarily in Tottori and Shimane prefectures. The Tarui Group conducts funeral services based in Akashi City, Hyogo Prefecture. These groups operate regionally rooted services.

The Kizuna Group owns Famille (family funeral services), Hanakoma, and Bizenya, providing funeral services across Japan. This strengthens Sann Holdings' nationwide network.

The holding company group manages real estate leasing of funeral halls and provides management guidance. Additionally, Grand Ceremo Tokyo provides funeral services in Tokyo, operating community-focused businesses.

San Holdings aims to grow as a comprehensive life-ending support company centered on funeral services. In its management philosophy revised in 2019, the company established the mission "to bring richness and abundance to life, and the joy of living better," and is pursuing new value creation beyond funeral services.

The company has formulated a "10-Year Vision" toward its 100th anniversary in 2032, with key priorities of nationwide expansion and growth in life-ending support services. Specifically, it aims to increase funeral halls to 550 locations by fiscal 2031 and achieve 10 billion yen in revenue from life-ending support services.

In fiscal 2024, the company accelerated its plan by consolidating Kizuna Holdings as a subsidiary, increasing funeral halls to 267 locations. Building on this progress, the company has set a new target to expand funeral halls to 550 locations for further growth.

San Holdings will focus on four key themes in its medium-term management plan from fiscal 2025: "growth," "quality," "transformation," and "sustainability." The company targets growth through nationwide expansion and M&A, improved service quality, operational efficiency gains, and sustainable corporate value enhancement.

The company has adopted ROE as its capital efficiency metric, targeting 8% or higher, and added EBITDA as a key performance indicator. Through these measures, the company aims to strengthen operational efficiency and cash generation capacity to achieve sustained corporate value growth.