Shin Nippon Biomedical Laboratories, Ltd. logo

Shin Nippon Biomedical Laboratories, Ltd.

2395.T

JPXHealthcareMedical - Diagnostics & Research

Latest quote

¥1,394

−¥24.00 · -1.69%

Aug 24, 3:30 PM JST

2395.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Shin Nippon Biomedical Laboratories, Ltd. operates as a global contract research organization (CRO), delivering comprehensive drug discovery and development services both in Japan and internationally. Its preclinical offerings encompass a wide array of laboratory services, including regulatory-compliant good laboratory practice (GLP) inspections. These studies cover general and specialized toxicity assessments, detailed pathological examinations, pharmacokinetic (PK) and pharmacodynamic (PD) analysis for biopharmaceuticals, immunotoxicity testing, and antibody production. The company also conducts investigations into reproductive and developmental toxicity, pharmacological mechanisms, and efficacy, alongside providing various imaging services. Furthermore, the organization specializes in developing and validating analytical methodologies, analyzing biological specimens, and determining pharmacokinetic parameters. It also conducts studies on absorption, distribution, metabolism, and excretion (ADME), often utilizing radioisotope-labeled compounds. Beyond preclinical and analytical work, it extends its expertise to clinical trial support through site management organization (SMO) services and broader clinical contract research organization (CRO) support. Its translational research division focuses on advancing novel medical solutions, such as the development of nasal drug delivery systems, nucleic acid-based adjuvants, and regenerative medicine therapies. Established in 1957, Shin Nippon Biomedical Laboratories, Ltd. maintains its headquarters in Tokyo, Japan.

Industry
Medical - Diagnostics & Research
Sector
Healthcare
Headquarters
JP
CEO
Ryoichi Nagata
Listed since
Mar 8, 2004
Employees
1,680

Market position

Day range

Current ¥1,394

52-week range

Current ¥1,394

Open
¥1,429
Previous close
¥1,418
Volume
204.4K
0.78× average
Average volume
261.41K
Average daily volume
Market cap
58.03B JPY
Beta
-0.21
Market reference 1
50-day average
¥1,264.12
+10.27% above average
200-day average
¥1,478.22
-5.70% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
81.59B JPY
P/E (TTM)
10.81×
P/B (TTM)
1.39×
P/S (TTM)
1.71×
EV / EBITDA
13.41×
Earnings yield
7.76%
Free cash flow yield
5.36%
Dividend yield
3.59%

Profitability & efficiency

Gross margin
49.55%
Operating margin
9.15%
Net margin
15.83%
Return on equity
10.59%
Return on assets
4.35%
Return on invested capital
2.26%

Financial health

Debt / equity
0.9×
Current ratio
1.09×
Altman Z-score
1.41
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends59%41%22%4%Gross margin, FY2021: 54.58%Gross margin, FY2022: 52.00%Gross margin, FY2023: 54.00%Gross margin, FY2024: 51.12%Gross margin, FY2025: 48.66%Operating margin, FY2021: 23.64%Operating margin, FY2022: 20.90%Operating margin, FY2023: 15.74%Operating margin, FY2024: 9.21%Operating margin, FY2025: 8.16%Net margin, FY2021: 40.16%Net margin, FY2022: 24.15%Net margin, FY2023: 20.91%Net margin, FY2024: 15.19%Net margin, FY2025: 14.04%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 54.58%. Gross margin FY2022 52.00%. Gross margin FY2023 54.00%. Gross margin FY2024 51.12%. Gross margin FY2025 48.66%. Operating margin FY2021 23.64%. Operating margin FY2022 20.90%. Operating margin FY2023 15.74%. Operating margin FY2024 9.21%. Operating margin FY2025 8.16%. Net margin FY2021 40.16%. Net margin FY2022 24.15%. Net margin FY2023 20.91%. Net margin FY2024 15.19%. Net margin FY2025 14.04%.

Income trends

Revenue

32.52B JPY+0.34%

Operating income

2.65B JPY-11.10%

Net income

4.57B JPY-7.27%
Income trends across reported periods35.51B JPY23.56B JPY11.62B JPY−333.2M JPYRevenue, FY2021: 17.75B JPYRevenue, FY2022: 25.09B JPYRevenue, FY2023: 26.45B JPYRevenue, FY2024: 32.41B JPYRevenue, FY2025: 32.52B JPYOperating income, FY2021: 4.2B JPYOperating income, FY2022: 5.25B JPYOperating income, FY2023: 4.16B JPYOperating income, FY2024: 2.99B JPYOperating income, FY2025: 2.65B JPYNet income, FY2021: 7.13B JPYNet income, FY2022: 6.06B JPYNet income, FY2023: 5.53B JPYNet income, FY2024: 4.92B JPYNet income, FY2025: 4.57B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 17.75B JPY. Revenue FY2022 25.09B JPY. Revenue FY2023 26.45B JPY. Revenue FY2024 32.41B JPY. Revenue FY2025 32.52B JPY. Operating income FY2021 4.2B JPY. Operating income FY2022 5.25B JPY. Operating income FY2023 4.16B JPY. Operating income FY2024 2.99B JPY. Operating income FY2025 2.65B JPY. Net income FY2021 7.13B JPY. Net income FY2022 6.06B JPY. Net income FY2023 5.53B JPY. Net income FY2024 4.92B JPY. Net income FY2025 4.57B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue32.52B JPY32.41B JPY26.45B JPY25.09B JPY17.75B JPY
Cost of goods sold16.7B JPY15.84B JPY12.17B JPY12.04B JPY8.06B JPY
Gross profit15.83B JPY16.57B JPY14.28B JPY13.05B JPY9.69B JPY
Research and development2.4B JPY2.22B JPY1.74B JPY683.07M JPY425.08M JPY
Selling, general, and administrative10.77B JPY11.37B JPY8.12B JPY6.89B JPY4.91B JPY
Operating expenses13.17B JPY13.59B JPY10.12B JPY7.8B JPY5.49B JPY
Interest income237.83M JPY97.23M JPY186.56M JPY57.4M JPY8.31M JPY
Interest expense293.22M JPY202.75M JPY138.78M JPY125.06M JPY126.65M JPY
Depreciation and amortization3.43B JPY2.61B JPY1.87B JPY1.6B JPY1.18B JPY
Operating income2.65B JPY2.99B JPY4.16B JPY5.25B JPY4.2B JPY
Net income4.57B JPY4.92B JPY5.53B JPY6.06B JPY7.13B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
67%
4 beats, 2 misses, 0 met estimates
Average EPS surprise
+49.72%
6 comparable reports
Latest EPS result
25.55

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates59.0641.1523.235.31Q4 '24BeatQ1 '25BeatQ2 '25BeatQ3 '25No estimateQ4 '25No estimateQ1 '26No estimateQ2 '26No estimateQ3 '26No estimate
Q4 2024, reported Nov 6, 2024: actual 29.04, estimate 26.89, surprise +8.00%, Beat. Q1 2025, reported Feb 5, 2025: actual 45.02, estimate 21.8, surprise +106.51%, Beat. Q2 2025, reported May 8, 2025: actual 41.3, estimate 20.41, surprise +102.35%, Beat. Q3 2025, reported Aug 5, 2025: actual 6.25, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 7, 2025: actual 19.23, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 6, 2026: actual 29.06, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 11, 2026: actual 55.15, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 5, 2026: actual 25.55, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates11.78B9.85B7.91B5.98BQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 5, 2025: actual 9.73B JPY, estimate 8.33B JPY, surprise +16.81%, Beat. Q2 2025, reported May 8, 2025: actual 10.18B JPY, estimate 9.93B JPY, surprise +2.52%, Beat. Q3 2025, reported Aug 5, 2025: actual 6.48B JPY, estimate 6.94B JPY, surprise -6.71%, Miss. Q4 2025, reported Nov 7, 2025: actual 8.29B JPY, estimate 7.73B JPY, surprise +7.26%, Beat. Q1 2026, reported Feb 6, 2026: actual 6.43B JPY, estimate 10.43B JPY, surprise -38.38%, Miss. Q2 2026, reported May 11, 2026: actual 11.33B JPY, estimate 9.39B JPY, surprise +20.71%, Beat. Q3 2026, reported Aug 5, 2026: actual 7.87B JPY, estimate 8.1B JPY, surprise -2.86%, Miss. Q4 2026, reported Nov 5, 2026: actual —, estimate 8.8B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥50.00

2025 complete year+233.3% since 2021

2026 partial: ¥30.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥20.00

Semi-Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥30.00

Semi-Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥30.00

Semi-Annual

Record Mar 31, 2026 · Payment Jun 29, 2026

Dividend

Ex-dividend Sep 29, 2025

¥20.00

Semi-Annual

Record Sep 30, 2025 · Payment Nov 28, 2025

Dividend

Ex-dividend Mar 28, 2025

¥30.00

Semi-Annual

Record Mar 31, 2025 · Payment Jun 30, 2025

Dividend

Ex-dividend Sep 27, 2024

¥20.00

Semi-Annual

Record Sep 30, 2024 · Payment Nov 29, 2024

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