Prices as of 2026/10/30 close
Company comparison · Non-Ferrous Recycling Traders


Hanwa is the bigger company, with revenue of ¥2.7T — 3.9x Matsuda Sangyo's ¥687.8B.
Matsuda Sangyo earns more on each yen of sales, with an operating margin of 3.3% — 1.1 points above Hanwa (2.2%).
Revenue growth in the latest results: Matsuda Sangyo +46.7%, Hanwa +4.2%. For next year, Matsuda Sangyo guides for the fastest operating profit growth (+7.0%).
Hanwa pays more on average — ¥9.26M against ¥6.81M at Matsuda Sangyo.
Over the past year the shares moved Matsuda Sangyo +47.0%, Hanwa +42.4%.
Head-to-head wins15 metrics
One win per metric for the company with the best value. Metrics with no better or worse (P/E, average age, employees) are excluded.
ScaleInvestors
Hanwa aheadHanwa 3 : Matsuda Sangyo 0
Revenue: Hanwa ¥2.7T / Matsuda Sangyo ¥687.8B
ProfitabilityInvestors
Matsuda Sangyo aheadHanwa 1 : Matsuda Sangyo 2
Operating margin: Hanwa 2.2% / Matsuda Sangyo 3.3%
GrowthInvestors
Matsuda Sangyo aheadHanwa 1 : Matsuda Sangyo 3
Revenue growth (YoY): Hanwa +4.2% / Matsuda Sangyo +46.7%
Stock & balance sheetInvestors
Matsuda Sangyo aheadHanwa 0 : Matsuda Sangyo 2
Share price, 1 year: Hanwa +42.4% / Matsuda Sangyo +47.0%
Pay & workforceJob seekers
Hanwa aheadHanwa 2 : Matsuda Sangyo 1
Average salary: Hanwa ¥9.26M / Matsuda Sangyo ¥6.81M
| Metric | Hanwa | Matsuda Sangyo | Gap |
|---|---|---|---|
| Revenue | ◎¥2.7T | ¥687.8B | 3.9x |
| Operating profit | ◎¥58.4B | ¥22.4B | 2.6x |
| Net income | ◎¥38.3B | ¥16.8B | 2.3x |
| Metric | Hanwa | Matsuda Sangyo | Gap |
|---|---|---|---|
| Operating margin | 2.2% | ◎3.3% | 1.1pt |
| Net margin | 1.4% | ◎2.4% | 1.0pt |
| ROE | — | 15.4% | |
| Revenue per employee | ◎¥1.5B | ¥556M | 2.7x |
| Metric | Hanwa | Matsuda Sangyo | Gap |
|---|---|---|---|
| Revenue growth (YoY) | +4.2% | ◎+46.7% | 42.5pt |
| Operating profit growth (YoY) | −5.0% | ◎+77.0% | 82.0pt |
| Revenue CAGRlast 5 years | +8.8% | — | |
| Guidance: revenue growthnext FY plan | ◎+12.7% | +1.8% | 10.9pt |
| Guidance: op. profit growthnext FY plan | +6.9% | ◎+7.0% | 0.0pt |
| Metric | Hanwa | Matsuda Sangyo | Gap |
|---|---|---|---|
| Share price, 1 year | +42.4% | ◎+47.0% | 4.6pt |
| Share price, 3 months | +7.5% | ◎+15.5% | 7.9pt |
| P/E (trailing)lower = cheaper | — | 9.2x | |
| Equity ratio | — | 52.3% | |
| Share price (close) | ¥1,829 | ¥5,970 |
◎ marks the best value for each metric. Revenue and profit are from the latest full-year earnings release; share prices are closing-price references; P/E = latest close ÷ trailing EPS. For banks and some other financials, revenue means ordinary income.
| Metric | Hanwa | Matsuda Sangyo | Gap |
|---|---|---|---|
| Average salary | ◎¥9.26M | ¥6.81M | ¥2.45M |
| Starting salary (monthly) | ◎¥320,000 | ¥250,000 | ¥70,000 |
| Average tenure | 11.5 yrs | ◎12.1 yrs | 0.6 |
| Average age | 37.4 | 39.7 | 2.3 |
| Employees | 1,745 | 1,238 | 1.4x |
Average salary is for the reporting (parent) company and is affected by average age and job mix. Holding companies with few employees are left out of the salary comparison.
Close (Oct 30, 2026)
¥1,829+42.4% (1Y)
Hanwa +42.4% over 1Y. Compared: Matsuda Sangyo +47.0%.
Reference chart of daily closing prices, not real-time quotes (split-adjusted; weekly closes before the last year). Each line shows the % change from the start of the period. Updated Oct 30, 2026.
Hanwa6 segments
Matsuda Sangyo2 segments
AAverage annual salary from the securities filings: Hanwa ¥9.26M, Matsuda Sangyo ¥6.81M. Hanwa pays the most. Averages also depend on staff age and job mix, so check the average age too (Hanwa 37.4, Matsuda Sangyo 39.7).
ARevenue in the latest results: Hanwa ¥2.7T, Matsuda Sangyo ¥687.8B. Hanwa is the bigger company, with revenue of ¥2.7T — 3.9x Matsuda Sangyo's ¥687.8B.
AOperating margins: Matsuda Sangyo 3.3%, Hanwa 2.2%. Matsuda Sangyo turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): Matsuda Sangyo +47.0%, Hanwa +42.4%. Matsuda Sangyo has risen the most.


Comparing 2 companies (up to 4)
Sources: earnings releases (kessan tanshin), annual securities reports and other public information. Share prices are closing-price references, not real-time. Our data may contain errors; investment decisions are your own responsibility.