Shinnihon Corporation

Shinnihon Corporation

TTSE:1879
2,192.00
JPY
+17.00
(+0.78%)
113.18BMarket Cap
Nov 12Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1,096.64
1,198.67
1,336.66
1,485.68
1,630.8
1,766.12
1,925.08
1,741.09
1,831.87
1,945.31
2,282.81
2,251.16
2,366.69
- -
Basic EPS, GAAP
60
84.53
128.36
217.2
152.75
172.18
180.27
164.73
184.67
205.49
210.06
219.13
260.29
- -
Free Cash Flow per Basic Share
30.5
114.14
282.98
194.57
185.85
232.27
122.24
116.85
62.38
178.19
196.13
38.03
285.4
- -
Dividend per Share
7
7.99
9.07
15.87
18.99
17.98
18.99
19
18.97
22
31.97
63.83
60.06
- -
Book Value per Share
412.09
496.96
609.43
811.01
945.41
1,092.68
1,253.37
1,400.95
1,567.11
1,751.21
1,933.59
2,091.19
2,300.36
2,300.36
Tangible Book Value per Share
411.01
495.87
608.18
810.22
944.59
1,091.87
1,252.69
1,398.01
1,564.2
1,748.47
1,931.31
2,088.83
2,298.57
2,298.57
Basic Weighted Avg Shares
58
58
58
58
58
58
58
58
58
58
58
58
58
58
Sales/Revenue/Turnover
64,114
70,078
78,145
86,856
95,339
103,249
112,542
101,785
107,091
113,725
133,517
131,661
138,427
- -
Operating Margin (%)
9.68
11.47
15.05
14.14
14.36
14.2
12.89
13.66
14.52
15.11
13.16
13.91
14.74
- -
Depreciation Expense
360
334
281
281
279
285
285
290
314
374
318
385
483
- -
Net Income, GAAP
3,508
4,942
7,504
12,698
8,930
10,066
10,539
9,630
10,796
12,013
12,286
12,816
15,224
- -
Effective Tax Rate (%)
39.07
38.74
34.73
- -
34.23
29.63
29.41
30.85
30.71
30.26
30.47
30.22
26.71
- -
Profit Margin (%)
5.47
7.05
9.6
14.62
9.37
9.75
9.36
9.46
10.08
10.56
9.2
9.73
11
- -
Working Capital
26,363
28,280
32,715
42,013
43,553
54,777
62,334
70,520
80,252
91,586
99,440
110,187
121,954
121,954
LT Debt
13,886
9,403
7,026
5,990
229
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
24,888
29,866
36,237
47,443
55,270
63,879
73,273
81,900
91,613
102,428
113,095
122,313
134,547
134,547
Return on Invested Capital (%)
6.27
8.41
13.13
- -
14.29
15.63
14.34
11.86
11.87
11.84
10.9
10.46
11.24
- -
Return on Capital (%)
6.32
9.71
15.09
- -
15.22
16.08
15.39
12.42
12.44
12.38
11.4
10.89
11.85
- -
Return on Common Equity (%)
12.77
18.6
23.2
30.58
17.39
16.9
15.37
12.41
12.44
12.38
11.4
10.89
11.85
- -

Capital Structure

JPY

•

in mil. unless spec.
Jun'26
Sep'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
58
58
58
Market Capitalization
97,385
107,855
113,177

Working Capital

JPY

•

in mil. unless spec.
Jun'26
Sep'26
Mar'26
Total Current Assets
- -
158,038
170,623
Cash, Cash Equivalents & STI
- -
72,365
95,824
Accounts Receivable, Net
- -
21,672
12,649
Inventories
- -
62,291
61,115
Total Current Liabilities
- -
44,232
48,669
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.17%
10.45%
10%
Free Cash Flow
65.66%
143.82%
650.58%
Net Income, GAAP
9.71%
9.75%
18.79%
Sales/Revenue/Turnover
6.12%
6.51%
5.14%
Total Cash Common Dividend
25%
30.99%
-5.89%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20,424
29,124
30,980
52,989
133,517
2025
- -
- -
- -
- -
131,661
2026
- -
- -
- -
- -
138,427

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
26.47
52.03
41.02
90.55
210.06
2025
- -
- -
- -
- -
219.13
2026
- -
- -
- -
- -
260.29

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
31.97
2025
- -
- -
- -
- -
63.83
2026
- -
- -
- -
- -
60.06

Company Description

CEO
Katsushi Takami
Full Time Employees
689
Sector
Industrial services
Industry
Engineering & construction
Address
Shin Nihon Building Chiba CH Japan 261-0021
IPO Date
Oct 7, 1994
Business
Shinnihon Corporation engages primarily in the construction and real estate development business in Japan. The company’s core operations include contract construction, planning, design, management, and execution of civil engineering and building projects; regional and urban development consulting; environmental improvement services; and real estate activities such as buying, selling, leasing, and brokerage of properties. It also provides financial instruments business, including investment advisory and agency services. Shinnihon offers a comprehensive suite of construction-related services supported by its capabilities in project planning and consulting, serving government bodies, private sector clients, and developers across Japan. Founded in 1960 and headquartered in Tokyo, Shinnihon Corporation operates predominantly in the Japanese domestic market with a strong footprint in condominium development and urban infrastructure projects. The company has steadily increased its condominium unit supply, achieving 864 units in the fiscal year 2024. Shinnihon is known for integrated development from land acquisition through to sales, which supports a high-profit operational structure. Its construction business spans civil engineering, residential, and commercial buildings, leveraging expertise in sustainable and environmentally conscious development. Recent major company developments include an operational focus on expanding condominium projects and financial stabilization with increased interim dividends reflecting strong financial performance. The company also announced changes in leadership and officer positions effective April 1, 2025, indicating strategic shifts in management. Additionally, Shinnihon Corporation is part of ongoing strategic collaborations and business integrations aimed at enhancing purchasing and sales capabilities within Tokyo's metropolitan area. While there are no publicized large-scale acquisitions in the last two years, Shinnihon continues to solidify its market position through steady growth and strategic operational enhancements. In product terms, Shinnihon focuses on construction services including project design, urban planning, civil engineering, and real estate brokerage, with additional involvement in financial services related to investment advisory. The company provides specialized construction solutions such as condominium development, commercial buildings, and environmental improvements, tailored for public and private sector clients. This diversified business model positions Shinnihon as both a construction contractor and a developer with financial service capabilities supporting its real estate transactions and investments. Overall, Shinnihon Corporation stands as a comprehensive construction and development firm headquartered in Tokyo, with robust operations in urban development, condominium projects, and financial services, reinforced by recent leadership changes and dividend increases that underscore its stable financial health and strategic market presence within Japan.