Saibo Co., Ltd.
3123.T · JPX
Company research
Saibo Co., Ltd. (TSE: 3123) is a Japan-based apparel manufacturer and textile company founded in 1948 and headquartered in Kawaguchi, Japan, operating both domestically and internationally. The company's core Textile segment produces and distributes a wide range of products, including corporate uniforms, workwear, jackets, suits, novelty and sports-related apparel, as well as textile raw materials such as rayon filament yarn, polyester yarn, blended yarns, synthetic cotton, polyester and linen fabrics, and embroidery lace. Beyond textiles, Saibo diversifies its business through a Real Estate Utilization segment — encompassing the leasing of commercial facilities and building maintenance services — and a Golf Driving Range segment, alongside other operations including automotive sheet metal and paint repair services, interior construction and renovation, vehicle sales, and insurance and communication equipment solutions. Led by President and CEO Eiichi Iizuka, the company employs approximately 115 staff on a consolidated basis and is listed on the Tokyo Stock Exchange Standard Market with a market capitalization of approximately JPY 8.2 billion.
Research reports
This fundamental report analyzes Saibo’s FY2026 results, highlighting record net income, improved operating margins, strong cash generation, and a low PER that makes the stock appear quantitatively undervalued versus sector peers, while simultaneously flagging an Altman Z-score in the danger zone and significant customer and FX-related risks extracted from the company’s MD&A and risk disclosures.
Simply Wall St · March 30, 2026Saibo (3123) Balance Sheet & Financial Health MetricsThis analysis focuses on Saibo’s capital structure and balance sheet, noting a rising debt-to-equity ratio, short-term assets comfortably covering short-term liabilities but not long-term debt, satisfactory net debt-to-equity, and debt not well covered by operating cash flow, while also discussing recent articles on debt usage and earnings quality to frame an overall mixed risk profile.
Simply Wall St · December 14, 2025Saibo (TSE:3123) - Stock AnalysisThis company overview provides a narrative assessment of Saibo’s business segments, share price performance, valuation, margins, and dividend strength, emphasizing that the stock has outperformed both the JP market and its luxury sector over one year, trades on modest multiples with decent profitability and stable volatility, but shows limited future growth signals and lacks traditional sell-side analyst coverage.