1414
SHO-BOND Holdings Co., Ltd.
ショーボンドホールディングス株式会社
Construction
SHO-BOND Holdings Co.,Ltd. engages in repairing and reinforcing social infrastructures in Japan. It operates through the Domestic Construction and Others segments. The company is involved in civil engineering and construction work contracting; and provision of repair and reinforcement services for roads, bridges, tunnels, railways, and buildings, as well as port and harbor facilities, water supply and sewer systems, and irrigation channels. It also manufactures and sells synthetic resin materials, including adhesive, injection, sealing, filling, and lining materials used in repair and reinforcement work in the civil engineering and construction fields, as well as seismic-resistant products for bridges, such as expansion joints and prevention devices for bridge fall. The company was incorporated in 2008 and is based in Tokyo, Japan.
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⚠ TSE Capital Mandate
P / Book
0.62×
Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥90.7B
¥85.4B
¥83.9B
¥81.2B
¥80.1B
Cost of Sales
¥64.2B
¥60.1B
¥60.5B
¥58.6B
¥59.3B
Gross Profit
¥26.5B
¥25.3B
¥23.5B
¥22.6B
¥20.8B
SG&A
¥5.7B
¥5.7B
¥5.3B
¥5.3B
¥5.0B
Operating Income
¥20.8B
¥19.7B
¥18.1B
¥17.3B
¥15.7B
Non-Operating Income
¥454M
¥814M
¥581M
¥450M
¥641M
Dividend Income
¥287M
¥270M
¥250M
¥207M
¥214M
Interest Income
¥18M
¥7M
¥20M
¥28M
¥41M
Non-Operating Expenses
¥109M
¥45M
¥68M
¥48M
¥71M
Ordinary Income
¥21.1B
¥20.4B
¥18.6B
¥17.7B
¥16.3B
Pre-tax Income
¥21.8B
¥21.0B
¥19.0B
¥18.0B
¥15.9B
Income Taxes
¥6.8B
¥6.6B
¥6.1B
¥5.7B
¥4.6B
Current Tax
¥6.7B
¥6.5B
¥6.1B
¥5.7B
¥4.5B
Deferred Tax
¥78M
¥84M
¥42M
¥-38M
¥145M
Net Income (owners)
¥15.1B
¥14.3B
¥12.9B
¥12.4B
¥11.3B
Minority Interest
¥-24M
¥55M
¥-36M
¥-18M
¥-30M
Comprehensive Income
¥14.6B
¥15.5B
¥13.7B
¥12.4B
¥11.8B
EBITDA
¥21.5B
¥20.4B
¥18.8B
¥17.9B
¥16.3B
Goodwill Amort. (J-GAAP)
¥98M
¥98M
¥98M
¥98M
¥98M
EPS
¥292.03
¥273.73
¥243.53
¥231.06
¥210.68
Shares Outstanding
51.1M
52.0M
52.6M
53.2M
53.8M
Shares Issued (total)
54.7M
56.7M
56.7M
56.7M
56.7M
Treasury Shares
3.7M
4.7M
4.1M
3.5M
2.9M
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥129.2B
¥130.1B
¥122.3B
¥117.4B
¥109.8B
Current Assets
¥100.2B
¥100.3B
¥92.9B
¥86.3B
¥78.4B
Cash & Deposits
¥32.5B
¥27.3B
¥17.6B
¥15.0B
¥13.0B
Trade Receivables
¥993M
¥1.1B
¥1.3B
¥965M
—
Non-Current Assets
¥28.9B
¥29.8B
¥29.4B
¥31.1B
¥31.4B
PP&E
¥16.0B
¥15.6B
¥15.0B
¥14.6B
¥13.1B
Goodwill
—
¥229M
¥328M
¥426M
¥524M
Intangible Assets
¥288M
¥516M
¥571M
¥704M
¥774M
Investment Securities
¥10.3B
¥11.5B
¥11.2B
¥12.1B
¥14.0B
Deferred Tax Assets
¥209M
¥230M
¥283M
¥306M
¥274M
Total Liabilities
¥22.8B
¥25.7B
¥24.2B
¥23.2B
¥18.8B
Current Liabilities
¥20.5B
¥23.4B
¥22.1B
¥21.5B
¥17.2B
Taxes Payable
¥3.9B
¥3.6B
¥3.4B
¥3.7B
¥2.7B
Non-Current Liabilities
¥2.2B
¥2.3B
¥2.1B
¥1.7B
¥1.6B
Pension Obligations
¥952M
¥1.1B
¥1.3B
¥1.2B
¥1.2B
Deferred Tax Liab.
¥813M
¥840M
¥377M
¥33M
¥7M
Total Equity
¥106.4B
¥104.4B
¥98.1B
¥94.2B
¥91.0B
Capital Stock
¥5.0B
¥5.0B
¥5.0B
¥5.0B
¥5.0B
Capital Surplus
¥29.4B
¥34.8B
¥34.8B
¥34.8B
¥34.8B
Retained Earnings
¥80.5B
¥73.1B
¥65.6B
¥59.2B
¥53.0B
Treasury Stock
¥-12.2B
¥-12.5B
¥-9.0B
¥-5.5B
¥-2.5B
AOCI
¥2.4B
¥2.8B
¥1.7B
¥743M
¥662M
Equity (owners)
¥102.7B
¥100.3B
¥96.3B
¥93.4B
¥90.2B
Minority Interests
¥1.3B
¥1.3B
¥60M
¥93M
¥64M
Net Cash ⓘ
¥32.5B
¥27.3B
¥17.6B
¥15.0B
¥13.0B
NCAV ⓘ
¥77.5B
¥74.6B
¥68.7B
¥63.1B
¥59.5B
NCAV/Share
¥1,517
¥1,434
¥1,306
¥1,186
¥1,106
BV/Share
¥2,011
¥1,928
¥1,830
¥1,754
¥1,676
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥9.5B
¥19.4B
¥3.8B
¥7.8B
¥2.7B
Interest Received
¥369M
¥332M
¥273M
¥243M
¥280M
D&A
¥630M
¥645M
¥624M
¥566M
¥448M
Goodwill Amort.
¥98M
¥98M
¥98M
¥98M
¥98M
Investing CF
¥464M
¥2.5B
¥1.7B
¥5.3B
¥-2.6B
CapEx
¥857M
¥1.5B
¥1.4B
¥1.8B
¥1.5B
Financing CF
¥-12.7B
¥-9.2B
¥-9.9B
¥-9.2B
¥-4.5B
Dividends Paid
¥-7.7B
¥-6.8B
¥-6.4B
¥-6.2B
¥-4.5B
Share Buybacks
¥-5.0B
¥-3.5B
¥-3.5B
¥-3.0B
¥-1M
Free Cash Flow
¥8.6B
¥18.0B
¥2.3B
¥6.0B
¥1.2B
Net Change in Cash
¥-2.8B
¥12.7B
¥-4.4B
¥4.0B
¥-4.4B
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
14.5%
14.2%
13.4%
13.4%
13.0%
ROA
11.6%
11.3%
10.8%
10.9%
10.3%
EPS
¥292.03
¥273.73
¥243.53
¥231.06
¥210.68
DPS
¥175.50
¥139.00
¥127.00
¥118.00
¥105.50
BPS
¥2,058.03
¥1,981.15
¥1,862.41
¥1,768.42
¥1,688.64
FCF/Share
¥169
¥345
¥45
¥113
¥23
NCAV/Share
¥1,517
¥1,434
¥1,306
¥1,186
¥1,106
Payout Ratio
60.1%
50.8%
52.1%
51.1%
50.1%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 12
Date Activist Stake Event Flag Demands Source
2026-05-08
Mitsubishi UFJ Financial Group Inc.
6.95%
+0.27%
change
Passive
—
2026-03-30
Mitsubishi UFJ Financial Group Inc.
6.68%
-1.19%
change
Passive
—
2026-02-17
Mitsubishi UFJ Financial Group Inc.
7.87%
+1.76%
change
Passive
—
2026-01-09
Nomura Securities Co.,Ltd.
3.86%
-1.14%
change
Passive
—
2025-08-21
Nomura Securities Co.,Ltd.
5.0%
+0.34%
initial_5pct
Passive
—
2025-05-20
Nomura Securities Co.,Ltd.
4.66%
-1.14%
change
Passive
—
2025-05-07
Nomura Securities Co.,Ltd.
5.8%
-0.2%
change
Passive
—
2025-04-03
Nomura Securities Co.,Ltd.
6.0%
initial_5pct
Passive
—
2024-07-29
Mitsubishi UFJ Financial Group Inc.
6.11%
-0.52%
change
Passive
—
2024-07-04
Sumitomo Mitsui Trust Asset Management Co.,Ltd.
4.56%
-1.05%
change
Passive
—
2023-12-18
Mitsubishi UFJ Financial Group Inc.
6.63%
change
Passive
—
2023-06-21
Sumitomo Mitsui Trust Asset Management Co.,Ltd.
5.61%
change
Passive
—
Top 10 Shareholders
Ownership DNA
#
Shareholder
Shares (thou.)
% of Total
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
日本マスタートラスト信託銀行株式会社 (信託口)
5,852
11.48%
2
一般財団法人上田記念財団
5,408
10.61%
3
State Street Bank and Trust Company
STATE STREET BANK AND TRUST COMPANY 505001 (常任代理人 株式会社みずほ銀行決済営業部)
4,741
9.30%
4
Custody Bank of Japan, Ltd. (Trust Account)
株式会社日本カストディ銀行 (信託口)
3,615
7.09%
5
Dai-ichi Life Insurance
第一生命保険株式会社
2,420
4.74%
6
MUFG Bank
株式会社三菱UFJ銀行
2,313
4.53%
7
Northern Trust Company
NORTHERN TRUST CO.(AVFC) RE FIDELITY FUNDS (常任代理人 香港上海銀行東京支店)
1,546
3.03%
8
Meiji Yasuda Life Insurance
明治安田生命保険相互会社
1,425
2.79%
9
BBH FOR FIAM GR TR FOR EMPLOYEE BENE PLNS:FIAM INTL EQ GROWTH COM POOL (常任代理人 株式会社三菱UFJ銀行)
692
1.35%
10
損害保険ジャパン株式会社
612
1.20%
Domestic Nominees
18.6%
-2.7% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
12.3%
-2.2% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
25.2%
+2.4% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
Japan Master Trust Bank
日本マスタートラスト信託銀行
12.45%
11.43%
11.48%
+0.05%
一般財団法人上田記念財団
10.28%
10.40%
10.61%
+0.21%
State Street
11.63%
9.72%
9.30%
-0.42%
Japan Custody Bank
日本カストディ銀行
10.03%
9.84%
7.09%
-2.75%
Dai-ichi Life Insurance
第一生命保険
4.60%
4.65%
4.74%
+0.09%
MUFG Bank
式会社三菱UFJ銀行
5.05%
4.98%
4.53%
-0.45%
Northern Trust
3.56%
3.60%
3.03%
-0.57%
Meiji Yasuda Life Insurance
明治安田生命保険
3.01%
2.74%
2.79%
+0.05%
BBH FOR FIAM GR TR FOR EMPLOYEE BENE PLNS:FIAM INTL EQ GROWTH COM POOL
NEW ENTRY
—
—
—
1.35%
NEW
損害保険ジャパン
NEW ENTRY
1.16%
—
1.20%
NEW
JP Morgan
last seen 2024
Exited Top 10
—
1.20%
—
Concentration (HHI)
ⓘ
566
498
444
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved