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<0>Reliable cash flow. You need to purchase a great business yielding revenue.</0><0>Growing net profit will ensure stable payments.</0><0>Regular payments over the past 20-25 years.</0><0>High dividend yield is not always good. High dividend stocks are not the only option for the dividend investor.</0>

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SAN Holdings, Inc. provides funeral services in Japan. The company offers a line of services and support before and after funerals, including consultation and assistance in inheritance and other procedures, a residence, and other matters; real estate management services; and conducts farewell events. SAN Holdings, Inc. was founded in 1932 and is headquartered in Tokyo, Japan.

	2022	2023	2024	2025	2026	TTM
Revenue
Total revenue	20,001	21,663	22,437	31,984	37,865	37,865
COGS	15,297	16,366	17,190	24,802	31,881	31,881
Gross Profit	4,704	5,297	5,247	7,182	5,984	5,984
Operating Expenses & Income
Operating Income	3,377	3,861	3,784	4,522	3,125	3,125
Total Operating Expenses	1,327	1,436	1,463	2,660	2,859	2,859
R&D Expenses	-	-	-	-	-	-
Selling General & Admin Expenses	184	194	210	824	-	91
Earnings from Continuing Operations
Interest Expense	(2)	(285)	-	(210)	(177)	(177)
Interest Income	2	2	2	4	-	-
Income Tax Expense	1,132	1,343	1,265	2,714	1,274	1,274
Net Income
Net Income	2,040	2,783	2,363	4,721	4,500	4,500
Supplemental
EBIT	3,377	3,861	3,784	4,522	3,125	3,125
EBITDA	4,245	4,743	4,725	6,377	5,943	5,943

San Holdings Inc