
Shimizu S-Pulse finances and accounts
Shimizu S-Pulse turned over £27m in 2025 and paid £9.5m in staff costs, which is 35.1% of everything the club earned.
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 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £26,979,120£27.0m | £25,215,120£25.2m | £25,709,040£25.7m | £25,638,480£25.6m | £22,004,640£22.0m | £22,906,800£22.9m | £21,626,640£21.6m | £20,074,320£20.1m | £20,210,400£20.2m | £16,838,640£16.8m | £15,835,680£15.8m | £16,369,920£16.4m | £15,543,360£15.5m | £17,382,960£17.4m | £15,714,720£15.7m | £17,569,440£17.6m | £17,710,560£17.7m | £17,423,280£17.4m | £16,027,200£16.0m | £15,049,440£15.0m | £15,508,080£15.5m |
| Matchday | £5,685,120£5.7m | £4,742,640£4.7m | £4,208,400£4.2m | £3,643,920£3.6m | £2,212,560£2.2m | £1,486,800£1.5m | £3,538,080£3.5m | £2,933,280£2.9m | £3,150,000£3.1m | £2,489,760£2.5m | £2,777,040£2.8m | £2,716,560£2.7m | £2,635,920£2.6m | £3,139,920£3.1m | £2,630,880£2.6m | £3,749,760£3.7m | £3,351,600£3.4m | £3,195,360£3.2m | £2,908,080£2.9m | £2,933,280£2.9m | £2,363,760£2.4m |
| Sponsorship | £13,466,880£13.5m | £12,650,400£12.7m | £14,666,400£14.7m | £15,200,640£15.2m | £13,522,320£13.5m | £13,875,120£13.9m | £9,762,480£9.8m | £8,855,280£8.9m | £9,056,880£9.1m | £8,905,680£8.9m | £7,141,680£7.1m | £7,731,360£7.7m | £6,143,760£6.1m | £6,163,920£6.2m | £6,189,120£6.2m | £6,420,960£6.4m | £6,179,040£6.2m | £6,824,160£6.8m | £6,637,680£6.6m | £6,113,520£6.1m | £5,796,000£5.8m |
| League distributions | £1,648,080£1.6m | £680,400£680k | £1,239,840£1.2m | £2,298,240£2.3m | £1,950,480£2.0m | £1,940,400£1.9m | £1,895,040£1.9m | £1,900,080£1.9m | £2,323,440£2.3m | £549,360£549k | £1,108,800£1.1m | £1,118,880£1.1m | £1,134,000£1.1m | £1,194,480£1.2m | £1,194,480£1.2m | £1,532,160£1.5m | £1,506,960£1.5m | £1,879,920£1.9m | £1,703,520£1.7m | £1,602,720£1.6m | £1,360,800£1.4m |
| Other revenue | £6,179,040£6.2m | £7,141,680£7.1m | £5,594,400£5.6m | £4,495,680£4.5m | £4,319,280£4.3m | £5,604,480£5.6m | £6,431,040£6.4m | £6,385,680£6.4m | £5,680,080£5.7m | £4,893,840£4.9m | £4,808,160£4.8m | £4,803,120£4.8m | £5,629,680£5.6m | £6,884,640£6.9m | £5,700,240£5.7m | £5,866,560£5.9m | £6,672,960£6.7m | £5,523,840£5.5m | £4,777,920£4.8m | £4,399,920£4.4m | £5,987,520£6.0m |
| First-team staff costs | £9,465,120£9.5m | £10,871,280£10.9m | £11,319,840£11.3m | £11,133,360£11.1m | £10,720,080£10.7m | £9,762,480£9.8m | £8,714,160£8.7m | £9,127,440£9.1m | £8,467,200£8.5m | £7,423,920£7.4m | £7,691,040£7.7m | £6,824,160£6.8m | £6,305,040£6.3m | £6,456,240£6.5m | £6,935,040£6.9m | £7,549,920£7.5m | £6,945,120£6.9m | £7,479,360£7.5m | £6,365,520£6.4m | £5,740,560£5.7m | - |
| Other operating costs | £17,332,560£17.3m | £14,001,120£14.0m | £14,081,760£14.1m | £14,288,400£14.3m | £11,093,040£11.1m | £12,060,720£12.1m | £12,902,400£12.9m | £12,171,600£12.2m | £11,329,920£11.3m | £9,369,360£9.4m | £9,747,360£9.7m | £9,308,880£9.3m | £9,520,560£9.5m | £10,296,720£10.3m | £9,147,600£9.1m | £10,427,760£10.4m | £10,080,000£10.1m | £9,913,680£9.9m | £9,591,120£9.6m | £9,268,560£9.3m | - |
| Operating result | £181,440£181k | £342,720£343k | £307,440£307k | £216,720£217k | £191,520£192k | £1,083,600£1.1m | £10,080£10k | -£1,224,720£1.2m | £413,280£413k | £45,360£45k | -£1,602,720£1.6m | £236,880£237k | -£282,240£282k | £624,960£625k | -£367,920£368k | -£408,240£408k | £685,440£685k | £30,240£30k | £70,560£71k | £40,320£40k | -£468,720£469k |
| Pre-tax result | £186,480£186k | £136,080£136k | £383,040£383k | £60,480£60k | £50,400£50k | £206,640£207k | £30,240£30k | -£1,280,160£1.3m | £15,120£15k | £231,840£232k | -£1,557,360£1.6m | £156,240£156k | -£196,560£197k | £791,280£791k | -£352,800£353k | - | - | - | - | - | - |
| 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 £26,979,120 in 2025.
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 £9.5m against £27m 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.
Frequently asked questions
How much revenue do Shimizu S-Pulse make?
Shimizu S-Pulse turned over £27m in 2025.
What is the Shimizu S-Pulse wage bill?
Shimizu S-Pulse paid £9.5m 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 £186k in 2025.