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Santen Pharmaceutical Co., Ltd. (4536.T)

JPY2,101.00 -26.00 (-1.22%)
JP JPX Healthcare Drug Manufacturers - General
Address Grand Front Osaka Tower A 530-8552
Osaka, JP
CEO Takeshi Ito
Website santen.com
IPO 2001-01-04
ISIN JP3336000009

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Also trades on Other OTC · SNPHF (USD) Other OTC · SNPHY (USD) Tokyo Stock Exchange · 4536.T (JPY)
Description

Santen Pharmaceutical Co., Ltd. is a global enterprise engaged in the research, development, manufacturing, and marketing of both pharmaceutical products and medical devices. The company's primary focus lies in ophthalmic solutions, addressing a variety of eye conditions. Its pipeline for glaucoma and ocular hypertension includes several key assets: DE-111, currently in Phase III clinical trials; DE-117, available for sale in Japan; DE-126, progressing through Phase IIb trials; DE-128, which is on the market in Europe and undergoing Phase II/III trials in the United States; and DE-130A, also in Phase III development. Beyond glaucoma, Santen's offerings extend to other ocular ailments. It provides DE-114A for allergic conjunctivitis and DE-076C for vernal keratoconjunctivitis. Furthermore, DE-109 is in Phase III clinical trials for the treatment of uveitis. The company is also active in addressing myopia with DE-127, currently in Phase II/III trials in Japan and Phase III in other Asian markets, alongside STN1013400, which is in Phase I trials. For dry eye, Santen offers DE-089C, which has successfully concluded its Phase III clinical trials. In addition to its prescription portfolio, the company produces and sells various over-the-counter (OTC) pharmaceutical products. Founded in 1890 under the name Santendo Pharmaceutical Co., Ltd., the company rebranded to its current name, Santen Pharmaceutical Co., Ltd., in 1958. It is headquartered in Osaka, Japan.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
JPY2,101.00 -26.00 (-1.22%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
0.25
Float Shares
321.67M
Free Float %
100.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+16.23% +11.69% +0.50% +5.52% +17.44% +10.27% +27.46% +47.20% +24.23% +14.29% +290.32%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
2,101.00
DCF (Unlevered) 8,835.99 +320.6%
DCF (Levered) 9,194.99 +337.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 67% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 5 0
Hold 3 -1
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
4.97
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
7 / 10
Strong MOAT
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Drug Manufacturers - General: +6.6%
    -2.8% Q1'26: +4.7% (vs Q1'25)
  • EPS growth Drug Manufacturers - General: +18.2%
    +9.8% Q1'26: +85.8% (vs Q1'25)
  • FCF margin FCF growth · Drug Manufacturers - General: +36.0%
    +11.0% Q1'26: +23.6% (vs Q1'25)
  • EBIT margin Drug Manufacturers - General: +19.4%
    +15.5% Q1'26: +21.1% (vs Q1'25)
  • ROIC Drug Manufacturers - General: +10.2%
    +16.6% Q1'26: +25.5% (vs Q1'25)
  • Share dilution Drug Manufacturers - General: +0.0%
    -6.1% Q1'26: -4.7% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Drug Manufacturers - General: -0.29×
    0.00× Q1'26: 0.00× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.23) × ERP
WACC = 94% × Ke + 6% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 8,638.92 Current price: 2,101.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
9 Rev. Ana.
9 EPS Ana.
Mar 2027
5 Rev. Ana.
6 EPS Ana.
Mar 2028
8 Rev. Ana.
8 EPS Ana.
Mar 2029
4 Rev. Ana.
4 EPS Ana.
Mar 2030
3 Rev. Ana.
2 EPS Ana.
Revenue
161.83B
est: 160.68B (+0.7%)
195.29B
est: 196.76B (-0.7%)
199.10B
est: 200.94B (-0.9%)
224.94B
est: 223.04B (+0.9%)
234.03B
est: 234.60B (-0.2%)
241.56B
est: 243.22B (-0.7%)
249.61B
est: 243.04B (+2.7%)
266.26B
est: 264.20B (+0.8%)
279.04B
est: 272.60B (+2.4%)
301.97B
est: 304.35B (-0.8%)
300.00B
est: 298.63B (+0.5%)
290.28B
281.55B – 296.43B
-2.8% YoY
299.52B
294.18B – 306.83B
+3.2% YoY
311.18B
267.93B – 350.93B
+3.9% YoY
330.60B
322.66B – 338.54B
+6.2% YoY
356.25B
328.30B – 383.37B
+7.8% YoY
EBITDA
41.95B
est: 25.47B (+64.7%)
45.84B
est: 31.19B (+47.0%)
43.18B
est: 31.85B (+35.6%)
49.53B
est: 35.36B (+40.1%)
52.21B
est: 37.19B (+40.4%)
56.70B
est: 38.56B (+47.0%)
54.99B
est: 38.53B (+42.7%)
53.03B
est: 41.88B (+26.6%)
49.26B
est: 43.21B (+14.0%)
70.08B
est: 87.76B (-20.1%)
74.18B
est: 86.11B (-13.9%)
83.71B
81.19B – 85.48B
-2.8% YoY
86.37B
84.83B – 88.48B
+3.2% YoY
89.73B
77.26B – 101.20B
+3.9% YoY
95.34B
93.05B – 97.62B
+6.2% YoY
102.73B
94.67B – 110.55B
+7.8% YoY
EBIT
35.00B
est: 15.26B (+129.3%)
36.50B
est: 18.69B (+95.3%)
33.30B
est: 19.09B (+74.5%)
38.64B
est: 21.19B (+82.4%)
41.24B
est: 22.28B (+85.1%)
40.13B
est: 23.10B (+73.7%)
37.07B
est: 23.09B (+60.6%)
35.98B
est: 25.10B (+43.4%)
32.02B
est: 25.89B (+23.6%)
51.90B
est: 73.42B (-29.3%)
56.23B
est: 72.04B (-21.9%)
70.03B
67.92B – 71.51B
-2.8% YoY
72.26B
70.97B – 74.02B
+3.2% YoY
75.07B
64.64B – 84.66B
+3.9% YoY
79.75B
77.84B – 81.67B
+6.2% YoY
85.94B
79.20B – 92.48B
+7.8% YoY
Net Income
24.03B
est: 18.04B (+33.2%)
53.37B
est: 46.18B (+15.6%)
21.72B
est: 22.73B (-4.4%)
35.25B
est: 26.57B (+32.6%)
31.95B
est: 27.43B (+16.5%)
23.62B
est: 20.38B (+15.9%)
9.31B
est: 18.98B (-51.0%)
27.22B
est: 25.47B (+6.9%)
-14.95B
est: -12.48B (-19.8%)
26.64B
est: 26.85B (-0.8%)
36.26B
est: 31.49B (+15.1%)
34.87B
32.51B – 37.24B
+10.7% YoY
39.63B
36.96B – 42.31B
+13.7% YoY
38.88B
36.04B – 53.50B
-1.9% YoY
42.33B
40.44B – 60.69B
+8.8% YoY
48.59B
43.63B – 53.39B
+14.8% YoY
SGA
48.07B
est: 50.24B (-4.3%)
58.38B
est: 61.52B (-5.1%)
60.39B
est: 62.82B (-3.9%)
67.34B
est: 69.73B (-3.4%)
69.80B
est: 73.35B (-4.8%)
71.90B
est: 76.04B (-5.5%)
79.55B
est: 75.99B (+4.7%)
84.50B
est: 82.60B (+2.3%)
96.26B
est: 85.23B (+12.9%)
87.27B
est: 94.25B (-7.4%)
83.51B
est: 92.48B (-9.7%)
89.90B
87.19B – 91.80B
-2.8% YoY
92.76B
91.10B – 95.02B
+3.2% YoY
96.37B
82.97B – 108.68B
+3.9% YoY
102.38B
99.92B – 104.84B
+6.2% YoY
110.32B
101.67B – 118.72B
+7.8% YoY
EPS
58.18
est: 51.60 (+12.8%)
128.99
est: 132.07 (-2.3%)
52.96
est: 64.99 (-18.5%)
86.73
est: 75.99 (+14.1%)
78.67
est: 78.44 (+0.3%)
59.16
est: 58.28 (+1.5%)
23.30
est: 54.29 (-57.1%)
68.07
est: 72.83 (-6.5%)
-38.60
est: -36.70 (-5.2%)
72.59
est: 73.88 (-1.7%)
103.98
est: 99.17 (+4.9%)
98.75
92.96 – 106.48
-0.4% YoY
113.01
105.68 – 120.98
+14.4% YoY
127.16
103.07 – 153.00
+12.5% YoY
142.36
115.65 – 173.54
+12.0% YoY
138.94
124.77 – 152.69
-2.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-05-11 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-05-08 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-05-07 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-05-01 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-04-30 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-04-28 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-04-27 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-04-24 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-04-23 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-04-22 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-04-21 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-04-20 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-04-17 A- 4/5 5/5 3/5 5/5 2/5 3/5 3/5
2026-04-16 A- 4/5 5/5 3/5 5/5 2/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
32.75B
OE per share TTM
97.40
Owner's Yield
6.42%
Maintenance CapEx ratio
28.71%
Maint CapEx / Avg PPE
20.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 125 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 OneAscent International Equity ETF OAIM 1.51% 5.57M 0.95%
2 Matthews Japan Active ETF JPAN JPAN 1.07% 108.1K 0.79%
3 iShares Ageing Population UCITS ETF AGED.L 0.36% 3.22M 0.40%
4 JPMorgan Diversified Return International Equity ETF JPIN 0.31% 1.13M 0.37%
5 iShares International Equity Factor ETF INTF 0.31% 10.84M 0.16%
6 iShares MSCI Japan Small Cap UCITS ETF IDJP.L 0.29% 1.64M 0.58%
7 iShares MSCI Japan Small-Cap ETF SCJ 0.28% 731.6K 0.50%
8 Hartford Multifactor Developed Markets (ex-US) ETF RODM 0.28% 4.44M 0.29%
9 Xtrackers FTSE Developed ex US Multifactor ETF DEEF 0.17% 93.6K 0.24%
10 Avantis International Small Cap Equity ETF AVDS 0.15% 460.3K 0.30%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
12.08M
Shares Outstanding
321.68M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Takeshi Ito President, Chief Executive Officer & Representative Director 172M male
Kaori Itagaki General Manager of Investor Relations Group female
Kazuo Koshiji Chief Financial Officer & Corporate Officer male
Kenji Morishima Corporate Officer & Head of China Product Development Department male
Mika Masunari Corporate Officer, General Counsel, Chief Risk Officer & Chief Compliance Officer female
Rie Nakajima Chief Operating Officer, Corporate Officer & Director female
Shinichi Teramachi Corporation Officer, Head of Sales and Head of Japan Sales & Marketing male
Takahiro Morita Global Head of Core Principle & Sustainability and Corporate Officer male
Daisuke Nakata Chief Digital & Information Officer male
Yoko Saiki Corporate Officer & Chief Human Resources Officer female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits