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Shimizu S-Pulse crest
SHIMIZU S-PULSE · FINANCES

Shimizu S-Pulse finances and accounts

Shimizu S-Pulse turned over AU$51.8m in 2025 and paid AU$18.2m in staff costs, which is 35.1% of everything the club earned.

REVENUE AU$51.8m
WAGE BILL AU$18.2m
WAGES TO REVENUE35.1%
PRE-TAX RESULT AU$358k
Shimizu S-Pulse Football finances J1 League Highest paid All-time earners

Revenue by season

What Shimizu S-Pulse turned over in each year we hold accounts for.

Every measure, season by season

Costs are shown as the amount paid. A dash is a measure Shimizu S-Pulse does not report on its own.

MEASURE 202520242023202220212020201920182017201620152014201320122011201020092008200720062005
Revenue AU$51,799,910AU$51.8m AU$48,413,030AU$48.4m AU$49,361,357AU$49.4m AU$49,225,882AU$49.2m AU$42,248,909AU$42.2m AU$43,981,056AU$44m AU$41,523,149AU$41.5m AU$38,542,694AU$38.5m AU$38,803,968AU$38.8m AU$32,330,189AU$32.3m AU$30,404,506AU$30.4m AU$31,430,246AU$31.4m AU$29,843,251AU$29.8m AU$33,375,283AU$33.4m AU$30,172,262AU$30.2m AU$33,733,325AU$33.7m AU$34,004,275AU$34m AU$33,452,698AU$33.5m AU$30,772,224AU$30.8m AU$28,894,925AU$28.9m AU$29,775,514AU$29.8m
Matchday AU$10,915,430AU$10.9m AU$9,105,869AU$9.1m AU$8,080,128AU$8.1m AU$6,996,326AU$7m AU$4,248,115AU$4.2m AU$2,854,656AU$2.9m AU$6,793,114AU$6.8m AU$5,631,898AU$5.6m AU$6,048,000AU$6m AU$4,780,339AU$4.8m AU$5,331,917AU$5.3m AU$5,215,795AU$5.2m AU$5,060,966AU$5.1m AU$6,028,646AU$6m AU$5,051,290AU$5.1m AU$7,199,539AU$7.2m AU$6,435,072AU$6.4m AU$6,135,091AU$6.1m AU$5,583,514AU$5.6m AU$5,631,898AU$5.6m AU$4,538,419AU$4.5m
Sponsorship AU$25,856,410AU$25.9m AU$24,288,768AU$24.3m AU$28,159,488AU$28.2m AU$29,185,229AU$29.2m AU$25,962,854AU$26m AU$26,640,230AU$26.6m AU$18,743,962AU$18.7m AU$17,002,138AU$17m AU$17,389,210AU$17.4m AU$17,098,906AU$17.1m AU$13,712,026AU$13.7m AU$14,844,211AU$14.8m AU$11,796,019AU$11.8m AU$11,834,726AU$11.8m AU$11,883,110AU$11.9m AU$12,328,243AU$12.3m AU$11,863,757AU$11.9m AU$13,102,387AU$13.1m AU$12,744,346AU$12.7m AU$11,737,958AU$11.7m AU$11,128,320AU$11.1m
League distributions AU$3,164,314AU$3.2m AU$1,306,368AU$1.3m AU$2,380,493AU$2.4m AU$4,412,621AU$4.4m AU$3,744,922AU$3.7m AU$3,725,568AU$3.7m AU$3,638,477AU$3.6m AU$3,648,154AU$3.6m AU$4,461,005AU$4.5m AU$1,054,771AU$1.1m AU$2,128,896AU$2.1m AU$2,148,250AU$2.1m AU$2,177,280AU$2.2m AU$2,293,402AU$2.3m AU$2,293,402AU$2.3m AU$2,941,747AU$2.9m AU$2,893,363AU$2.9m AU$3,609,446AU$3.6m AU$3,270,758AU$3.3m AU$3,077,222AU$3.1m AU$2,612,736AU$2.6m
Other revenue AU$11,863,757AU$11.9m AU$13,712,026AU$13.7m AU$10,741,248AU$10.7m AU$8,631,706AU$8.6m AU$8,293,018AU$8.3m AU$10,760,602AU$10.8m AU$12,347,597AU$12.3m AU$12,260,506AU$12.3m AU$10,905,754AU$10.9m AU$9,396,173AU$9.4m AU$9,231,667AU$9.2m AU$9,221,990AU$9.2m AU$10,808,986AU$10.8m AU$13,218,509AU$13.2m AU$10,944,461AU$10.9m AU$11,263,795AU$11.3m AU$12,812,083AU$12.8m AU$10,605,773AU$10.6m AU$9,173,606AU$9.2m AU$8,447,846AU$8.4m AU$11,496,038AU$11.5m
First-team staff costs AU$18,173,030AU$18.2m AU$20,872,858AU$20.9m AU$21,734,093AU$21.7m AU$21,376,051AU$21.4m AU$20,582,554AU$20.6m AU$18,743,962AU$18.7m AU$16,731,187AU$16.7m AU$17,524,685AU$17.5m AU$16,257,024AU$16.3m AU$14,253,926AU$14.3m AU$14,766,797AU$14.8m AU$13,102,387AU$13.1m AU$12,105,677AU$12.1m AU$12,395,981AU$12.4m AU$13,315,277AU$13.3m AU$14,495,846AU$14.5m AU$13,334,630AU$13.3m AU$14,360,371AU$14.4m AU$12,221,798AU$12.2m AU$11,021,875AU$11m -
Other operating costs AU$33,278,515AU$33.3m AU$26,882,150AU$26.9m AU$27,036,979AU$27m AU$27,433,728AU$27.4m AU$21,298,637AU$21.3m AU$23,156,582AU$23.2m AU$24,772,608AU$24.8m AU$23,369,472AU$23.4m AU$21,753,446AU$21.8m AU$17,989,171AU$18m AU$18,714,931AU$18.7m AU$17,873,050AU$17.9m AU$18,279,475AU$18.3m AU$19,769,702AU$19.8m AU$17,563,392AU$17.6m AU$20,021,299AU$20m AU$19,353,600AU$19.4m AU$19,034,266AU$19m AU$18,414,950AU$18.4m AU$17,795,635AU$17.8m -
Operating result AU$348,365AU$348k AU$658,022AU$658k AU$590,285AU$590k AU$416,102AU$416k AU$367,718AU$368k AU$2,080,512AU$2.1m AU$19,354AU$19k -AU$2,351,462AU$2.4m AU$793,498AU$793k AU$87,091AU$87k -AU$3,077,222AU$3.1m AU$454,810AU$455k -AU$541,901AU$542k AU$1,199,923AU$1.2m -AU$706,406AU$706k -AU$783,821AU$784k AU$1,316,045AU$1.3m AU$58,061AU$58k AU$135,475AU$135k AU$77,414AU$77k -AU$899,942AU$900k
Pre-tax result AU$358,042AU$358k AU$261,274AU$261k AU$735,437AU$735k AU$116,122AU$116k AU$96,768AU$97k AU$396,749AU$397k AU$58,061AU$58k -AU$2,457,907AU$2.5m AU$29,030AU$29k AU$445,133AU$445k -AU$2,990,131AU$3m AU$299,981AU$300k -AU$377,395AU$377k AU$1,519,258AU$1.5m -AU$677,376AU$677k ------
Wages to revenue 35.1%43.1%44%43.4%48.7%42.6%40.3%45.5%41.9%44.1%48.6%41.7%40.6%37.1%44.1%43%39.2%42.9%39.7%38.1%-

Where the money comes from

How Shimizu S-Pulse earned AU$51,799,910 in 2025.

Sponsorship $26m
Other revenue $12m
Matchday $11m
League distributions $3m

What the wage bill covers

This wage bill is the first team only: the players and the coaching staff around them, without the academy or anyone else the club employs. Shimizu S-Pulse paid AU$18.2m against AU$51.8m of revenue, so 35p of every pound went on first-team pay.

J1 League revenue

The 19 clubs in the division whose accounts cover the same twelve months. Follow a club for its own finances.

Urawa Reds $109m Kawasaki Frontale $97m Gamba Osaka $85m Vissel Kobe $84m Sanfrecce $81m Kashima Antlers $79m F Marinos $75m FC Tokyo $70m FC Machida Zelvia $67m Nagoya Grampus $63m Cerezo Osaka $55m Shimizu S-Pulse $52m Kashiwa Reysol $46m Tokyo Verdy 1969 $44m Kyoto Sanga F.C. $43m JEF United Chiba $38m Avispa $36m V-Varen Nagasaki $32m Mito Hollyhock $16m

Frequently asked questions

How much revenue do Shimizu S-Pulse make?

Shimizu S-Pulse turned over AU$51.8m in 2025.

What is the Shimizu S-Pulse wage bill?

Shimizu S-Pulse paid AU$18.2m in staff costs in 2025, which is 35.1% of revenue.

Do Shimizu S-Pulse make a profit?

Shimizu S-Pulse made a pre-tax profit of AU$358k in 2025.