SHINWA WISE HOLDINGS CO. LTD.

SHINWA WISE HOLDINGS CO. LTD.

TTSE:2437
553.00
JPY
+10.00
(+1.84%)
4.41BMarket Cap
Jan 08Next 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
260.18
520.49
681.25
904.41
442.43
449.17
248.32
395.83
293.65
349.75
199.14
192.38
143.21
- -
Basic EPS, GAAP
20.39
2.89
28.69
28.13
-40.93
-8.66
-44.16
3.29
16.13
30.6
-98.84
-13.24
-21.51
- -
Free Cash Flow per Basic Share
-180.16
37.16
43.44
-409.49
109.48
-6.33
4.06
104.09
61.17
117.97
-90.06
-21.17
-15.83
- -
Dividend per Share
1.89
5.96
5.96
6.75
6.93
7.01
2.85
0.01
- -
- -
6.88
- -
- -
- -
Book Value per Share
289.8
287.29
308.84
331.15
294.18
287.83
247.7
250.64
313.27
320.95
224.02
213.09
191.56
191.56
Tangible Book Value per Share
289.8
287.29
307.83
330.42
292.18
283.89
244.58
246.41
235.46
253.63
199.74
191.41
172.86
172.86
Basic Weighted Avg Shares
5
6
6
6
6
7
7
7
9
10
10
11
11
11
Sales/Revenue/Turnover
1,385
2,948
3,898
5,348
2,781
2,932
1,719
2,813
2,629
3,487
2,036
2,068
1,578
- -
Operating Margin (%)
9.78
2.64
9.14
6.82
-6.54
-2.93
-15.79
7.54
15.57
14.81
-11.91
0.6
-9.15
- -
Depreciation Expense
18
27
29
51
71
85
94
70
79
89
84
89
86
- -
Net Income, GAAP
109
16
164
166
-257
-57
-306
23
144
305
-1,011
-142
-237
- -
Effective Tax Rate (%)
13.83
77.76
41.9
43.92
- -
- -
- -
74.02
55.26
41.9
- -
- -
- -
- -
Profit Margin (%)
7.84
0.56
4.21
3.11
-9.25
-1.93
-17.78
0.83
5.49
8.75
-49.63
-6.88
-15.02
- -
Working Capital
1,330
1,392
1,788
1,754
1,427
1,296
1,951
1,626
2,116
2,522
1,839
1,931
1,713
1,713
LT Debt
249
319
328
335
319
255
171
316
273
238
203
167
127
127
Total Equity
1,645
1,641
1,773
2,010
1,907
1,896
1,760
1,781
3,024
3,231
2,405
2,348
2,111
2,111
Return on Invested Capital (%)
5.94
0.65
7.02
5.04
- -
- -
- -
2.4
6.19
8.13
- -
- -
- -
- -
Return on Capital (%)
6.21
0.95
6.09
4.61
- -
- -
- -
1.12
5.2
9.15
- -
- -
- -
- -
Return on Common Equity (%)
7.42
1
9.63
8.8
-13.23
-2.99
-16.72
1.32
6.01
9.75
-35.86
-5.99
-10.63
- -

Capital Structure

JPY

•

in mil. unless spec.
Nov'25
Nov'26
May'26
ST Debt
126
126
130
LT Borrowings
185
149
127
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
3,049
2,776
4,407

Working Capital

JPY

•

in mil. unless spec.
Nov'25
Nov'26
May'26
Total Current Assets
3,140
2,244
2,929
Cash, Cash Equivalents & STI
1,099
1,085
1,009
Accounts Receivable, Net
18
2
4
Inventories
1,087
970
833
Total Current Liabilities
1,119
590
1,217
Payables & Accruals
- -
- -
- -
ST Debt
126
126
130
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.03%
7.71%
-10.11%
Free Cash Flow
87.02%
-37.64%
-23.37%
Net Income, GAAP
18.02%
35.73%
66.51%
Sales/Revenue/Turnover
-2.07%
-7.53%
-23.68%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
398
810
386
442
2,036
2025
- -
- -
- -
- -
2,068
2026
- -
- -
- -
- -
1,578

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-17.25
13.73
-27.71
-66.54
-98.84
2025
- -
- -
- -
- -
-13.24
2026
- -
- -
- -
- -
-21.51

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
6.88
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Takeshi Yoneda
Full Time Employees
36
Sector
Retail trade
Industry
Specialty stores
Address
Tokyo Yusen Building Tokyo TY Japan 100-0005
IPO Date
Apr 1, 2005
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.