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Shinwa Wise Holdings Co.,Ltd.

Shinwa Wise Holdings Co.,Ltd.

2437.T
Shinwa Wise Holdings Co.,Ltd.JP flagTokyo Stock Exchange
539.00
JPY
+22.00
- -
5.94BMarket Cap
Shinwa Wise Holdings Co.,Ltd.
2437.T
(Tokyo Stock Exchange)

Recent

price

539.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
134.71
220.91
246.38
243.51
260.18
520.49
681.25
904.41
442.43
449.17
248.32
395.83
293.65
349.75
199.14
192.38
201.89
Revenue per Share
-50.96
23.89
13.94
6.88
20.39
2.89
28.69
28.13
-40.93
-8.66
-44.16
3.29
16.13
30.6
-98.84
-13.24
-100.2
Basic EPS, GAAP
-122.28
-74.41
177.67
35.43
-180.16
37.16
43.44
-409.49
109.48
-6.33
4.06
104.09
61.17
117.97
-90.06
-21.17
- -
Free Cash Flow per Basic Share
- -
0.05
4.34
4.82
1.89
5.96
5.96
6.75
6.93
7.01
2.85
0.01
- -
- -
6.88
- -
- -
Dividend per Share
164.08
187.97
197.22
215.78
250.19
233.27
254.25
110.02
226.42
211.48
151.17
150.55
186.93
180.93
-55.6
-61.07
-56.37
Book Value per Share
218.4
242.7
252.87
251.33
308.87
289.69
308.85
339.22
301.31
286.43
251.08
246.41
253.79
256.12
209.75
196.22
212.65
Tangible Book Value per Share
5
5
6
5
5
6
6
6
6
7
7
7
9
10
10
11
10
Basic Weighted Avg Shares
738
1,213
1,359
1,249
1,385
2,948
3,898
5,348
2,781
2,932
1,719
2,813
2,629
3,487
2,036
2,068
2,036
Sales/Revenue/Turnover
-16.9
15.93
8.85
9.19
9.78
2.64
9.14
6.82
-6.54
-2.93
-15.79
7.54
15.57
14.81
-11.91
0.6
-11.91
Operating Margin (%)
13
14
7
4
18
27
29
51
71
85
94
70
79
89
84
89
- -
Depreciation Expense
-279
131
77
35
109
16
164
166
-257
-57
-306
23
144
305
-1,011
-142
-1,011
Net Income, GAAP
- -
- -
- -
21.11
13.83
77.76
41.9
43.92
- -
- -
- -
74.02
55.26
41.9
- -
- -
7.73
Effective Tax Rate (%)
-37.83
10.82
5.66
2.83
7.84
0.56
4.21
3.11
-9.25
-1.93
-17.78
0.83
5.49
8.75
-49.63
-6.88
-49.63
Profit Margin (%)
1,115
1,297
1,372
1,232
1,330
1,392
1,788
1,754
1,427
1,296
1,951
1,626
2,116
2,522
1,839
1,931
1,839
Working Capital
- -
- -
- -
- -
249
319
328
335
319
255
171
316
273
238
203
167
203
LT Debt
1,196
1,333
1,395
1,289
1,645
1,641
1,773
2,010
1,907
1,896
1,760
1,781
3,024
3,231
2,405
2,348
2,405
Total Equity
- -
- -
- -
6.64
5.94
0.65
7.02
5.04
- -
- -
- -
2.4
6.19
8.13
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
3.27
7.1
1.08
6.85
5.83
- -
- -
- -
1.65
8.19
15.13
- -
- -
11.62
Return on Capital (%)
-26.88
13.59
7.25
3.22
8.9
1.23
11.83
15.8
-24.81
-4.03
-25.19
2.21
10.53
17.54
- -
- -
12.96
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Nov'24
Feb'24
May'24
ST Debt
36
36
126
LT Borrowings
220
211
203
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
10
11
Market Capitalization
5,547
5,365
5,446

Working Capital

FRC

•

in mil. unless spec.
Nov'24
Feb'24
May'24
Total Current Assets
3,693
3,075
3,419
Cash, Cash Equivalents & STI
1,661
1,170
1,342
Accounts Receivable, Net
137
10
25
Inventories
1,353
1,373
1,208
Total Current Liabilities
931
760
1,581
Payables & Accruals
- -
- -
- -
ST Debt
36
36
126
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.84%
9.97%
-2.38%
Free Cash Flow
91.17%
474.04%
-75.28%
Net Income, GAAP
101.66%
0.9%
-85.91%
Sales/Revenue/Turnover
3.52%
9.93%
1.55%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
398
810
386
442
2,036
2025
- -
- -
- -
- -
2,068
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-17.25
- -
- -
- -
-98.84
2025
- -
- -
- -
- -
-13.24
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
6.88
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Shinwa Wise Holdings Co., Ltd. (2437.T) operates as a holding company primarily engaged in auction-related businesses and diversified services in Japan. The company conducts art auctions encompassing modern art, modern ceramics, postwar and contemporary art, Western art, wine and liquor, MANGA, brand goods, watches, and jewelry; private sales of asset defense diamonds and paintings through negotiated transactions; art dealing and gallery management; electricity sales from solar power generation facilities; and sales of palm kernel shells (PKS) for biomass power generation in Malaysia. It also provides microfinance, medical and cultural support, and real estate services. Founded in 1989 and headquartered in Chiyoda-ku, Tokyo, Japan, the company changed its name from Shinwa Art Auction Co., Ltd. to Shinwa Wise Holdings Co., Ltd. in December 2017 as part of a transition to a holding company structure focused on regenerating the Japanese art market. Its operations primarily target high-net-worth individuals, collectors, and institutions in the art, luxury goods, and energy sectors across Japan, with additional activities in Southeast Asia. Key subsidiaries include SHINWA AUCTION Co., Ltd., established in 2017, which handles core auction activities. In recent developments, the company entered into a business alliance with MAGO CREATION Co., Ltd., an art and crafts seller in Tokyo's Chuo-ku, announced in May 2025 to expand its art ecosystem. It faced a tender offer for a 31.5% stake by New Horizon Fund 4 and Catalyst Art Investments Co., Ltd., which concluded in May 2025, resulting in changes to major shareholders. Amid governance challenges, Shinwa Wise Holdings implemented operational shifts including the introduction of an executive officer system, establishment of a compensation committee, auditor resignations and appointments, and multiple restatements of financials with special losses recorded; it also relocated its headquarters and pursued lawsuits against former executives for damages.