ShinMaywa Industries Ltd
TSE:7224

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ShinMaywa Industries Ltd Logo
ShinMaywa Industries Ltd
TSE:7224
Watchlist
Price: 1 973 JPY 2.97% Market Closed
Market Cap: 138.1B JPY
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+20%
5Y
+25%
10Y
+30%
Operating Income
+
3Y
+44%
5Y
+22%
10Y
-27%
Net Income
+
3Y
+34%
5Y
+47%
10Y
-27%

Earnings Waterfall
ShinMaywa Industries Ltd

Revenue
265.3B JPY
Cost of Revenue
-220.5B JPY
Gross Profit
44.9B JPY
Operating Expenses
-32.1B JPY
Operating Income
12.8B JPY
Other Expenses
-4.3B JPY
Net Income
8.6B JPY

Income Statement
ShinMaywa Industries Ltd

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Income Statement
Currency: JPY
Jun-2004 Sep-2004 Dec-2004 Jun-2005 Sep-2005 Dec-2005 Jun-2006 Sep-2006 Dec-2006 Jun-2007 Sep-2007 Dec-2007 Jun-2008 Sep-2008 Dec-2008 Jun-2009 Sep-2009 Dec-2009 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
2
0
0
0
0
0
4
0
0
18
0
0
20
0
0
30
0
0
22
45
63
84
78
73
70
65
65
62
63
62
58
55
50
47
44
42
40
38
37
34
31
27
23
19
16
14
12
12
12
12
12
12
11
26
96
174
244
294
275
248
226
207
201
198
200
205
214
220
229
273
322
368
424
455
464
475
441
461
0
0
Revenue
85 101
N/A
84 053
-1%
84 716
+1%
84 057
-1%
85 604
+2%
84 006
-2%
87 410
+4%
89 704
+3%
94 078
+5%
92 418
-2%
93 822
+2%
93 995
+0%
96 099
+2%
92 445
-4%
87 396
-5%
81 074
-7%
73 916
-9%
71 695
-3%
72 186
+1%
73 893
+2%
75 678
+2%
107 229
+42%
106 260
-1%
105 280
-1%
105 768
+0%
108 974
+3%
117 903
+8%
127 686
+8%
137 444
+8%
150 918
+10%
153 315
+2%
158 520
+3%
163 723
+3%
174 010
+6%
179 992
+3%
185 322
+3%
190 056
+3%
193 131
+2%
198 732
+3%
204 163
+3%
205 484
+1%
203 917
-1%
203 933
+0%
201 481
-1%
200 897
0%
201 204
+0%
201 969
+0%
204 770
+1%
206 113
+1%
207 335
+1%
209 183
+1%
209 911
+0%
216 153
+3%
217 297
+1%
220 034
+1%
226 838
+3%
224 721
-1%
227 231
+1%
223 168
-2%
212 916
-5%
212 296
0%
209 226
-1%
210 907
+1%
215 707
+2%
216 717
+0%
216 823
+0%
217 598
+0%
220 560
+1%
222 791
+1%
225 175
+1%
230 312
+2%
237 638
+3%
242 256
+2%
257 060
+6%
262 084
+2%
264 661
+1%
266 675
+1%
266 441
0%
266 683
+0%
265 339
-1%
Gross Profit
Cost of Revenue
(70 332)
(69 277)
(70 472)
(69 924)
(71 058)
(69 918)
(72 668)
(74 939)
(78 318)
(76 584)
(77 814)
(77 850)
(80 642)
(78 954)
(76 619)
(71 935)
(65 555)
(61 980)
(61 511)
(62 648)
(64 318)
(91 313)
(91 302)
(90 386)
(90 195)
(91 872)
(97 964)
(105 952)
(113 656)
(125 216)
(126 817)
(130 327)
(134 381)
(142 253)
(147 482)
(152 008)
(155 500)
(158 131)
(161 217)
(164 832)
(167 357)
(166 985)
(169 641)
(168 956)
(167 072)
(166 646)
(166 476)
(169 115)
(171 726)
(174 938)
(177 681)
(178 960)
(184 073)
(184 709)
(186 561)
(191 993)
(191 294)
(191 727)
(188 651)
(179 901)
(178 412)
(175 664)
(176 895)
(180 828)
(181 327)
(181 709)
(182 473)
(185 481)
(187 349)
(189 245)
(194 088)
(199 657)
(204 357)
(216 233)
(219 603)
(221 857)
(222 837)
(221 688)
(221 881)
(220 457)
Gross Profit
14 769
N/A
14 776
+0%
14 244
-4%
14 133
-1%
14 546
+3%
14 088
-3%
14 742
+5%
14 765
+0%
15 760
+7%
15 834
+0%
16 008
+1%
16 145
+1%
15 457
-4%
13 491
-13%
10 777
-20%
9 139
-15%
8 361
-9%
9 715
+16%
10 675
+10%
11 245
+5%
11 360
+1%
15 916
+40%
14 958
-6%
14 894
0%
15 573
+5%
17 102
+10%
19 939
+17%
21 734
+9%
23 788
+9%
25 702
+8%
26 498
+3%
28 193
+6%
29 342
+4%
31 757
+8%
32 510
+2%
33 314
+2%
34 556
+4%
35 000
+1%
37 515
+7%
39 331
+5%
38 127
-3%
36 932
-3%
34 292
-7%
32 525
-5%
33 825
+4%
34 558
+2%
35 493
+3%
35 655
+0%
34 387
-4%
32 397
-6%
31 502
-3%
30 951
-2%
32 080
+4%
32 588
+2%
33 473
+3%
34 845
+4%
33 427
-4%
35 504
+6%
34 517
-3%
33 015
-4%
33 884
+3%
33 562
-1%
34 012
+1%
34 879
+3%
35 390
+1%
35 114
-1%
35 125
+0%
35 079
0%
35 442
+1%
35 930
+1%
36 224
+1%
37 981
+5%
37 899
0%
40 827
+8%
42 481
+4%
42 804
+1%
43 838
+2%
44 753
+2%
44 802
+0%
44 882
+0%
Operating Income
Operating Expenses
(12 208)
(11 553)
(11 816)
(11 795)
(12 068)
(12 383)
(12 825)
(12 734)
(12 772)
(12 655)
(12 687)
(12 895)
(12 804)
(12 596)
(12 258)
(11 453)
(10 520)
(9 744)
(9 970)
(10 199)
(10 497)
(14 123)
(14 040)
(14 143)
(14 190)
(14 686)
(15 673)
(16 812)
(17 932)
(19 769)
(20 076)
(20 120)
(20 665)
(20 885)
(20 817)
(20 947)
(21 073)
(21 812)
(21 455)
(21 724)
(21 792)
(21 672)
(21 856)
(21 838)
(21 652)
(21 491)
(21 720)
(21 920)
(22 097)
(21 803)
(21 946)
(21 879)
(21 901)
(21 880)
(21 894)
(22 086)
(22 353)
(22 668)
(22 557)
(22 471)
(22 524)
(23 083)
(24 610)
(23 769)
(24 382)
(24 545)
(25 088)
(26 152)
(26 405)
(26 637)
(27 255)
(27 632)
(28 478)
(29 062)
(29 918)
(30 154)
(30 054)
(30 783)
(31 473)
(32 058)
Selling, General & Administrative
(11 829)
(11 553)
(11 816)
(11 795)
(10 938)
(12 383)
(12 825)
(12 892)
(12 772)
(12 655)
(12 634)
(12 895)
(12 435)
(13 694)
(12 367)
(11 967)
(10 629)
(9 853)
(10 079)
(10 307)
(10 606)
(14 269)
(14 186)
(14 290)
(14 336)
(14 832)
(15 818)
(16 958)
(18 060)
(19 861)
(20 132)
(20 140)
(20 667)
(18 878)
(20 815)
(20 944)
(21 071)
(18 869)
(21 454)
(21 724)
(21 791)
(19 142)
(21 817)
(21 798)
(21 613)
(19 048)
(21 720)
(21 920)
(22 097)
(19 243)
(21 944)
(21 877)
(21 898)
(19 573)
(21 892)
(22 085)
(22 351)
(22 668)
(22 557)
(22 471)
(22 525)
(23 082)
(23 455)
(23 767)
(24 380)
(24 544)
(25 163)
(25 743)
(25 994)
(26 635)
(27 084)
(27 460)
(28 308)
(29 062)
(29 511)
(29 748)
(30 055)
(30 783)
(31 248)
(32 057)
Research & Development
0
0
0
0
0
0
0
0
0
0
0
0
(233)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(2 005)
0
0
0
(2 496)
0
0
0
0
0
0
0
(2 442)
0
0
0
(2 558)
0
0
0
(2 306)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
(136)
73
109
281
109
109
109
108
109
146
146
147
146
146
146
146
128
93
57
20
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other Operating Expenses
(379)
0
0
0
(1 130)
0
0
158
0
0
(53)
0
0
1 025
0
233
0
0
0
0
0
0
0
0
0
0
(1)
0
0
(1)
(1)
0
0
(2)
(2)
(3)
0
(447)
0
0
0
(2 530)
(39)
(40)
(39)
(1)
(1)
0
(1)
(2)
(2)
(2)
(3)
(1)
(2)
(1)
(2)
0
0
0
1
(1)
(1 155)
(2)
0
(1)
75
(409)
(411)
(2)
(171)
(172)
(170)
0
(407)
(406)
0
0
(225)
(1)
Operating Income
2 561
N/A
3 223
+26%
2 428
-25%
2 338
-4%
2 478
+6%
1 705
-31%
1 917
+12%
2 031
+6%
2 988
+47%
3 179
+6%
3 321
+4%
3 250
-2%
2 653
-18%
895
-66%
(1 481)
N/A
(2 314)
-56%
(2 159)
+7%
(29)
+99%
705
N/A
1 046
+48%
863
-17%
1 793
+108%
918
-49%
751
-18%
1 383
+84%
2 416
+75%
4 266
+77%
4 922
+15%
5 856
+19%
5 933
+1%
6 422
+8%
8 073
+26%
8 677
+7%
10 872
+25%
11 693
+8%
12 367
+6%
13 483
+9%
13 188
-2%
16 060
+22%
17 607
+10%
16 335
-7%
15 260
-7%
12 436
-19%
10 687
-14%
12 173
+14%
13 067
+7%
13 773
+5%
13 735
0%
12 290
-11%
10 594
-14%
9 556
-10%
9 072
-5%
10 179
+12%
10 708
+5%
11 579
+8%
12 759
+10%
11 074
-13%
12 836
+16%
11 960
-7%
10 544
-12%
11 360
+8%
10 479
-8%
9 402
-10%
11 110
+18%
11 008
-1%
10 569
-4%
10 037
-5%
8 927
-11%
9 037
+1%
9 293
+3%
8 969
-3%
10 349
+15%
9 421
-9%
11 765
+25%
12 563
+7%
12 650
+1%
13 784
+9%
13 970
+1%
13 329
-5%
12 824
-4%
Pre-Tax Income
Interest Income Expense
(19)
334
210
214
642
643
647
47
37
26
(76)
6
155
61
(470)
(774)
(911)
(103)
(259)
(273)
(627)
(387)
(343)
(378)
(317)
(227)
(215)
155
379
436
557
587
710
579
598
869
820
775
739
328
(34)
322
(55)
(7)
360
297
522
679
568
243
1 068
1 077
833
1 316
148
61
175
411
515
319
413
886
778
1 038
1 153
1 252
1 664
2 210
1 592
1 424
1 190
480
459
1 049
1 158
602
1 239
254
(378)
(280)
Non-Reccuring Items
(577)
(467)
(651)
(485)
(454)
45
50
214
67
73
4
11
11
21
(31)
(26)
(30)
8
(70)
(101)
(69)
(858)
(1 177)
(1 101)
(2 053)
(945)
3 572
3 541
4 902
5 351
1 388
1 374
941
446
1
1
0
446
0
(1)
0
(15)
0
0
0
1
0
0
0
0
279
72
36
(91)
(371)
(163)
(128)
(917)
(1 486)
(1 442)
(1 438)
(1 725)
0
(714)
(717)
76
0
0
0
(169)
0
0
0
(407)
0
0
(462)
(225)
0
274
Gain/Loss on Disposition of Assets
(663)
46
79
(20)
(91)
(150)
215
265
287
(61)
24
(59)
(44)
(48)
(82)
(93)
(61)
183
175
180
(52)
(408)
(51)
(43)
(40)
(110)
(198)
(226)
(262)
(302)
(318)
(324)
(384)
(283)
(297)
(319)
(249)
(281)
(269)
(253)
(243)
0
(136)
(197)
(220)
(142)
(216)
(170)
(244)
(279)
(405)
(388)
(556)
(645)
(761)
(747)
(503)
(456)
(232)
(201)
0
(632)
(212)
(224)
(259)
(209)
(115)
(132)
(143)
71
71
151
189
(25)
(30)
(99)
(120)
(128)
(140)
(147)
Total Other Income
(389)
(382)
(19)
18
28
359
256
347
67
232
46
31
(63)
104
90
78
46
57
41
(16)
(17)
(24)
(30)
(17)
168
(69)
154
162
5
105
91
116
104
77
73
52
49
88
87
150
295
(195)
232
150
(6)
(78)
(78)
(77)
(93)
(62)
(70)
(115)
(30)
(890)
(686)
(844)
(922)
(701)
(535)
(320)
(941)
1
(428)
(391)
230
1
134
(54)
(89)
(416)
(290)
(208)
(654)
(708)
(680)
(842)
(570)
(606)
(619)
(495)
Pre-Tax Income
913
N/A
2 754
+202%
2 047
-26%
2 065
+1%
2 603
+26%
2 602
0%
3 085
+19%
2 904
-6%
3 446
+19%
3 449
+0%
3 319
-4%
3 239
-2%
2 712
-16%
1 033
-62%
(1 974)
N/A
(3 129)
-59%
(3 115)
+0%
116
N/A
592
+410%
836
+41%
98
-88%
116
+18%
(683)
N/A
(788)
-15%
(859)
-9%
1 065
N/A
7 579
+612%
8 554
+13%
10 880
+27%
11 523
+6%
8 140
-29%
9 826
+21%
10 048
+2%
11 691
+16%
12 068
+3%
12 970
+7%
14 103
+9%
14 216
+1%
16 617
+17%
17 831
+7%
16 353
-8%
15 372
-6%
12 477
-19%
10 633
-15%
12 307
+16%
13 145
+7%
14 001
+7%
14 167
+1%
12 521
-12%
10 496
-16%
10 428
-1%
9 718
-7%
10 462
+8%
10 398
-1%
9 909
-5%
11 066
+12%
9 696
-12%
11 173
+15%
10 222
-9%
8 900
-13%
9 394
+6%
9 009
-4%
9 540
+6%
10 819
+13%
11 415
+6%
11 689
+2%
11 720
+0%
10 951
-7%
10 397
-5%
10 203
-2%
9 940
-3%
10 772
+8%
9 415
-13%
11 674
+24%
13 011
+11%
12 311
-5%
13 871
+13%
13 265
-4%
12 192
-8%
12 176
0%
Net Income
Tax Provision
(813)
(1 433)
(1 067)
(983)
(1 065)
(1 147)
(1 395)
(872)
(1 074)
(1 103)
(1 675)
(1 587)
(1 264)
(528)
(677)
(16)
(12)
1 040
600
569
(190)
(1 878)
(2 480)
(2 319)
(3 412)
(1 683)
(1 560)
(1 823)
(837)
(180)
(463)
(1 348)
(2 087)
(4 264)
(4 554)
(4 713)
(5 138)
(5 067)
(5 764)
(6 164)
(5 652)
(5 091)
(4 154)
(3 550)
(3 927)
(4 193)
(4 365)
(4 402)
(3 914)
(3 387)
(3 364)
(3 094)
(3 289)
(3 357)
(3 346)
(3 665)
(3 232)
(3 744)
(3 246)
(2 905)
(3 118)
(3 418)
(3 680)
(3 994)
(4 101)
(4 474)
(4 750)
(3 864)
(3 662)
(2 441)
(2 102)
(3 067)
(2 811)
(3 958)
(4 395)
(4 317)
(4 964)
(4 115)
(3 778)
(3 732)
Income from Continuing Operations
100
1 321
980
1 082
1 538
1 455
1 690
2 032
2 372
2 346
1 644
1 652
1 448
505
(2 651)
(3 145)
(3 127)
1 156
1 192
1 405
(92)
(1 762)
(3 163)
(3 107)
(4 271)
(618)
6 019
6 731
10 043
11 343
7 677
8 478
7 961
7 427
7 514
8 257
8 965
9 149
10 853
11 667
10 701
10 281
8 323
7 083
8 380
8 952
9 636
9 765
8 607
7 109
7 064
6 624
7 173
7 041
6 563
7 401
6 464
7 429
6 976
5 995
6 276
5 591
5 860
6 825
7 314
7 215
6 970
7 087
6 735
7 762
7 838
7 705
6 604
7 716
8 616
7 994
8 907
9 150
8 414
8 444
Income to Minority Interest
66
(16)
(62)
(61)
(92)
(51)
(55)
(3)
17
26
(3)
(39)
(57)
(16)
12
6
(2)
5
15
29
3
12
29
45
448
351
332
320
(61)
29
25
29
13
18
17
7
9
10
14
12
7
0
0
3
2
3
(4)
(9)
(10)
(23)
(34)
(37)
(50)
(43)
67
23
0
(49)
(208)
(177)
(115)
(103)
(90)
(81)
(221)
(307)
(424)
(669)
(718)
(448)
(388)
(289)
(153)
(436)
(475)
(509)
(339)
(192)
(59)
125
Net Income (Common)
166
N/A
1 304
+686%
915
-30%
1 015
+11%
1 443
+42%
1 403
-3%
1 636
+17%
2 031
+24%
2 387
+18%
2 369
-1%
1 633
-31%
1 611
-1%
1 390
-14%
494
-64%
(2 637)
N/A
(3 137)
-19%
(3 130)
+0%
1 163
N/A
1 210
+4%
1 438
+19%
(89)
N/A
(1 749)
-1 865%
(3 134)
-79%
(3 063)
+2%
(3 821)
-25%
(266)
+93%
6 352
N/A
7 053
+11%
9 981
+42%
11 372
+14%
7 701
-32%
8 507
+10%
7 975
-6%
7 444
-7%
7 531
+1%
8 262
+10%
8 973
+9%
9 159
+2%
10 867
+19%
11 679
+7%
10 707
-8%
10 281
-4%
8 323
-19%
7 087
-15%
8 383
+18%
8 954
+7%
9 630
+8%
9 754
+1%
8 595
-12%
7 086
-18%
7 031
-1%
6 587
-6%
7 123
+8%
6 996
-2%
6 627
-5%
7 424
+12%
6 463
-13%
7 378
+14%
6 766
-8%
5 815
-14%
6 158
+6%
5 487
-11%
5 769
+5%
6 742
+17%
7 092
+5%
6 907
-3%
6 546
-5%
6 416
-2%
6 016
-6%
7 313
+22%
7 448
+2%
7 416
0%
6 450
-13%
7 279
+13%
8 140
+12%
7 484
-8%
8 567
+14%
8 957
+5%
8 353
-7%
8 567
+3%
EPS (Diluted)
1.49
N/A
12.53
+741%
9.15
-27%
10.15
+11%
14.28
+41%
14.04
-2%
16.36
+17%
20.1
+23%
23.89
+19%
23.7
-1%
16.16
-32%
16.11
0%
13.92
-14%
4.89
-65%
-26.37
N/A
-31.37
-19%
-30.99
+1%
11.63
N/A
12.1
+4%
14.38
+19%
-0.89
N/A
-17.48
-1 864%
-31.34
-79%
-30.63
+2%
-38.21
-25%
-2.67
+93%
63.52
N/A
70.53
+11%
99.81
+42%
113.72
+14%
77.01
-32%
85.07
+10%
79.75
-6%
74.44
-7%
75.31
+1%
82.62
+10%
89.73
+9%
91.88
+2%
108.67
+18%
116.79
+7%
107.07
-8%
103.14
-4%
84.92
-18%
73.82
-13%
87.32
+18%
93.16
+7%
101.36
+9%
102.67
+1%
90.47
-12%
74.23
-18%
74.01
0%
69.33
-6%
77.01
+11%
76.4
-1%
101.65
+33%
113.88
+12%
99.14
-13%
113.11
+14%
102.91
-9%
88.44
-14%
93.66
+6%
83.46
-11%
87.75
+5%
102.42
+17%
107.73
+5%
104.96
-3%
99.44
-5%
97.35
-2%
91.27
-6%
110.99
+22%
113.01
+2%
112.42
-1%
97.77
-13%
110.37
+13%
123.39
+12%
113.26
-8%
129.63
+14%
135.6
+5%
126.4
-7%
129.53
+2%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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