Civic Intelligence

Showa Women'S University Inc

EIN 98-0085912 • 501(c)3 • Setagaya Ku Tokyo, JA

Profile

Showa women's university inc's mission is to provide students with an education that will allow them to develop both intellectually and morally.

1-7-57 TaishidoSetagaya Ku Tokyo 154-8533Ja

www.swu.ac.jp

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

28th percentile

0.12x

Higher debt load relative to assets than 28% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2025

Liabilities / Revenue

51st percentile

0.50x

Higher debt load relative to revenue than 51% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2025

Net Margin

61st percentile

8.2%

Higher net margin than 61% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2025

Top Officer Pay

4th percentile

$134,141

Higher top officer pay than 4% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

501(c)3 • $250M-$1B nonprofits • Source year 2025

Asset Growth

40th percentile

4.1%

Faster asset growth than 40% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2024 to 2025

Revenue Growth

23rd percentile

0.5%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets28th percentile

Assets

Up

$423,464,267

Up $16,589,362 (+4.1%) from 2024

Liabilities

Up

$51,066,392

Up $3,675,675 (+7.8%) from 2024

Net Assets

Up

$372,397,875

Up $12,913,687 (+3.6%) from 2024

Operations
Liabilities / Revenue51st percentileNet Margin61st percentile

Revenue

Up

$102,279,877

Up $517,624 (+0.5%) from 2024

Expenses

Up

$93,910,177

Up $2,397,734 (+2.6%) from 2024

Net Income

Down

$8,369,700

Down $1,880,110 (-18%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth40th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600M$400M$200M$0Assets 2010: $452,030,189Liabilities 2010: $110,217,621Net Assets 2010: $341,812,5682010Assets 2011: $508,180,861Liabilities 2011: $115,241,035Net Assets 2011: $392,939,8262011Assets 2012: $522,862,098Liabilities 2012: $110,680,822Net Assets 2012: $412,181,2762012Assets 2013: $467,721,314Liabilities 2013: $96,719,276Net Assets 2013: $371,002,0382013Assets 2014: $443,601,228Liabilities 2014: $98,028,261Net Assets 2014: $345,572,9672014Assets 2015: $413,825,889Liabilities 2015: $70,517,988Net Assets 2015: $343,307,9012015Assets 2016: $448,631,599Liabilities 2016: $75,808,448Net Assets 2016: $372,823,1512016Assets 2017: $459,031,621Liabilities 2017: $74,107,014Net Assets 2017: $384,924,6072017Assets 2018: $487,926,559Liabilities 2018: $80,745,702Net Assets 2018: $407,180,8572018Assets 2019: $476,996,462Liabilities 2019: $72,149,238Net Assets 2019: $404,847,2242019Assets 2020: $506,594,779Liabilities 2020: $76,025,229Net Assets 2020: $430,569,5502020Assets 2021: $520,802,242Liabilities 2021: $75,409,559Net Assets 2021: $445,392,6832021Assets 2022: $490,588,621Liabilities 2022: $72,069,260Net Assets 2022: $418,519,3612022Assets 2023: $449,858,304Liabilities 2023: $53,860,633Net Assets 2023: $395,997,6712023Assets 2024: $406,874,905Liabilities 2024: $47,390,717Net Assets 2024: $359,484,1882024Assets 2025: $423,464,267Liabilities 2025: $51,066,392Net Assets 2025: $372,397,8752025

Highlighted filing

2025

Assets$423,464,267
Liabilities$51,066,392
Net Assets$372,397,875
Open 2025 Filing

Operations Trend

Revenue Growth23rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150M$100M$50M$0Expenses 2010: $110,100,8552010Revenue 2011: $135,125,320Expenses 2011: $125,060,197Net Income 2011: $10,065,1232011Expenses 2012: $125,964,2572012Revenue 2013: $124,511,516Expenses 2013: $113,713,401Net Income 2013: $10,798,1152013Revenue 2014: $116,233,119Expenses 2014: $109,687,957Net Income 2014: $6,545,1622014Revenue 2015: $148,807,687Expenses 2015: $94,450,627Net Income 2015: $54,357,0602015Revenue 2016: $111,499,009Expenses 2016: $104,802,776Net Income 2016: $6,696,2332016Revenue 2017: $116,637,609Expenses 2017: $106,177,165Net Income 2017: $10,460,4442017Revenue 2018: $126,847,639Expenses 2018: $126,230,924Net Income 2018: $616,7152018Revenue 2019: $123,954,330Expenses 2019: $108,862,057Net Income 2019: $15,092,2732019Revenue 2020: $131,497,924Expenses 2020: $113,887,614Net Income 2020: $17,610,3102020Revenue 2021: $133,786,750Expenses 2021: $111,651,988Net Income 2021: $22,134,7622021Revenue 2022: $122,348,892Expenses 2022: $106,717,217Net Income 2022: $15,631,6752022Revenue 2023: $114,836,851Expenses 2023: $102,442,748Net Income 2023: $12,394,1032023Revenue 2024: $101,762,253Expenses 2024: $91,512,443Net Income 2024: $10,249,8102024Revenue 2025: $102,279,877Expenses 2025: $93,910,177Net Income 2025: $8,369,7002025

Highlighted filing

2025

Revenue$102,279,877
Expenses$93,910,177
Net Income$8,369,700
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$423,464,267
Liabilities
$51,066,392
Net assets
$372,397,875
Revenue
$102,279,877
Expenses
$93,910,177
Net income
$8,369,700
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$423$51.1$372$102$93.9$8.37
2024Detailed filing. Detailed filing data is available for this year.$407$47.4$359$102$91.5$10.2
2023Detailed filing. Detailed filing data is available for this year.$450$53.9$396$115$102$12.4
2022Detailed filing. Detailed filing data is available for this year.$491$72.1$419$122$107$15.6
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$521$75.4$445$134$112$22.1
2020Detailed filing. Detailed filing data is available for this year.$507$76.0$431$131$114$17.6
2019Detailed filing. Detailed filing data is available for this year.$477$72.1$405$124$109$15.1
2018Detailed filing. Detailed filing data is available for this year.$488$80.7$407$127$126$0.62
2017Summary only. Only limited summary data is available for this year.$459$74.1$385$117$106$10.5
2016Summary only. Only limited summary data is available for this year.$449$75.8$373$111$105$6.70
2015Summary only. Only limited summary data is available for this year.$414$70.5$343$149$94.5$54.4
2014Summary only. Only limited summary data is available for this year.$444$98.0$346$116$110$6.55
2013Summary only. Only limited summary data is available for this year.$468$96.7$371$125$114$10.8
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$523$111$412$126
2011Summary only. Only limited summary data is available for this year.$508$115$393$135$125$10.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$452$110$342$110
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Feb 15, 2026
Return Version
2024v5.2
Gross Receipts
$102,279,877
Mission and Program Overview

Mission

Showa women's university inc's mission is to provide students with an education that will allow them to develop both intellectually and morally.

To provide students with an education that will allow them to develop both intellectually and morally.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$197,910,448$196,385,728▼ $1,524,720
Investments in Publicly Traded Securities$88,035,903$92,597,802▲ $4,561,899
Savings and Temporary Cash Investments$76,687,624$89,984,012▲ $13,296,388
Other Notes and Loans Receivable, Net$21,818,362$21,803,668▼ $14,694
Accounts Receivable$3,483,384$3,445,642▼ $37,742
Prepaid Expenses and Deferred Charges$904,564$1,072,239▲ $167,675
Cash and Non-Interest-Bearing Accounts$21,409$22,189▲ $780
Inventories for Sale or Use$70$79▲ $9
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$406,874,905$423,464,267▲ $16,589,362
Other Assets Total$18,013,141$18,152,908▲ $139,767
Liabilities
Other Liabilities$40,147,756$44,574,026▲ $4,426,270
Accounts Payable and Accrued Expenses$7,236,356$6,484,340▼ $752,016
Mortgage Notes Payable Secured by Investment Property$6,605$8,026▲ $1,421
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$47,390,717$51,066,392▲ $3,675,675
Net Assets / Fund Balance
Net Assets With Donor Restrictions$353,361,739$366,198,036▲ $12,836,297
Net Assets Without Donor Restrictions$6,122,449$6,199,839▲ $77,390
Total Net Assets Fund Balance$359,484,188$372,397,875▲ $12,913,687
Total Liabilities and Net Assets / Fund Balance$406,874,905$423,464,267▲ $16,589,362

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$102,720,468$185,549,365$288,269,833
Land$66,275,910-$66,275,910
Equipment$27,389,350$7,380,571$34,769,921
Compensation and Service Providers
Top Officer Pay4th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Akira KanaoMember of the BoardFT$121,980$12,161$134,141
Hideo YamazakiChairmanFT$121,366$9,864$131,230
Akihiko NumaMember of the BoardFT$112,979$10,871$123,850
Tomoaki IharaProfessorFT$106,436$13,584$120,020
Mutumi OgawaMember of the BoardFT$101,902$11,142$113,044
Akiko YamamotoMember of the BoardFT$98,536$11,111$109,647
Masakazu KakigamiMember of the BoardFT$98,266$10,283$108,549
Sorao MutouMember of the BoardFT$97,705$10,276$107,981
Takashi MaedaElementary School PrincipalFT$94,257$12,475$106,732
Manabu TakahashiProfessorFT$93,652$12,339$105,991
Kentaro YamanakaProfessorFT$92,460$12,487$104,947
Tetsuya TakaoProfessorFT$91,994$12,649$104,643
Ernest HigaMember of the Board-$24,140-$24,140
Iwao HanaokaMember of the Board-$24,120-$24,120
Hisayuki SuekawaMember of the Board-$22,547$3$22,550
Toshio AsanoMember of the Board-$20,111-$20,111

Highest Paid Contractors

ContractorServicesLocationCompensation
TBM Co LtdOffice Management3-5-14 NIHONBASHICHUO-KU, Tokyo, 0, Ja$2,043,930
KINOKUNIYA Co LtdBookstore3-7-10 SHIMOMEGURO MEGURO-KU, Tokyo, 0, Ja$735,040
Repast Co LtdSchool Lunch Splr7-13-8 GINZA CHUO, Tokyo, 0, Ja$648,746
Jtb Corporate Sales INCTravel Agency3-2-5 KASUMIGASEKI CHIYODA-KU, Tokyo, 0, Ja$614,269
Meitetsu World Travel IncTravel Agency14-192-CHOME MEIEKI-MINAMI NAKAMU, Nagoya, 0, Ja$390,333
Revenue and Support

Revenue Composition

Contributions and Grants
$15,101,687
Program Service Revenue
$76,663,979
Investment Income
$2,508,124
Other Revenue
$8,006,087
All Other Contributions
$592,935
Change in Net Assets
$8,369,700

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table31$82,316Fair Market Value (FMV)
Books and Publications-$80,246Fair Market Value (FMV)
Total Noncash Contributions31$162,562-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$50,429,430
Other Expenses$40,734,782
Grants and Similar Amounts Paid$2,745,965
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$44,046,599$711,620-$44,758,219
Fees for Services Other$9,689,596$436,925-$10,126,521
Depreciation Depletion$9,695,263$209,369-$9,904,632
Office Expenses$5,742,973$79,893-$5,822,866
Fees for Services Management$5,276,397--$5,276,397
Pension Plan Contributions$4,449,431$13,568-$4,462,999
Foreign Grants$2,745,965--$2,745,965
Advertising$1,627,342$198,041-$1,825,383
Travel$1,673,169$36,903-$1,710,072
Occupancy$1,287,120$125,249-$1,412,369
Information Technology$1,247,455$10,453-$1,257,908
Current Officers, Directors, Trustees, and Key Employees$332,756$586,608-$919,364
Other Expenses$4,872$647,929-$652,801
Conferences and Meetings$419,700$23,567-$443,267
Other Employee Benefits$285,184$3,664-$288,848
Insurance$217,280$2,073-$219,353
Fees for Services Accounting$17,127$81,661-$98,788
Fees for Services Legal$31,318$28,913-$60,231
Total Functional Expenses$90,567,194$3,342,983$0$93,910,177
International Activity

International Summary

Offices
3
Employees
1,122
Spending
$186,507,979

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the PacificInvestments-1-$92,597,802
East Asia and the PacificProgram ServicesUniversity Education11,122$90,567,194
East Asia and the PacificMaintaining offices-1-$3,342,983
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Retirement Bonus Reserve Fund$20,749,897
Tuition Fee for the Next Year$14,124,334
Money for the School Excursion$9,699,795
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION B, LINE 11B:

“Information required for the preparation of the form 990 is gathered by the accounting staff of showa women's university inc and reviewed by the showa boston business manager. The information is forwarded to the exempt organization group in the accounting firm of withum smith + brown, pc a draft copy of the return is prepared by withum smith + brown, pc, for review by the business manager. Any modifications are then made to the draft return before it is transmitted to the chancellor. The chancellor provides a copy of the draft return for discussion with designated board members with a finance background to review the return. At the completion of their review, the filing copy of the form 990 is provided to all board members prior to filing the return with the internal revenue service.”

FORM 990, PART VI, SECTION B, QUESTION 12:

“Showa women's university inc is a non-profit japanese corporation recognized by the internal revenue service as an organization described in irc section 501(c)(3). The university is governed under the auspices of the japanese ministry of education. Accordingly, no private benefit is permitted by either state of federal law. The university and its employees and directors have always engaged in activities that accomplish its tax-exempt purpose.”

FORM 990, PART VI, SECTION B, QUESTION 15B:

“The board of directors annually reviews the compensation for the major employees. Their decisions are based on financial considerations of the organization. These decisions are documented in the minutes of the board of directors' meetings.”

FORM 990, PART VI, SECTION C, LINE 19:

“Showa women's university inc makes their form 990, governing documents, and audited financial statements available upon request by the public at no charge.”

Filing and Contact Details

Filer

Filer Name
Showa Women's University Inc
EIN
98-0085912
In Care Of
% HIROFUMI WATANABE
Phone
6175220080
Address
JA

Signing Officer

Name
Akihiko Numa
Title
Managing Director
Phone
6175220080
Signed
2026-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Akihiko Numa
Formed
1946
Voting Board Members
11
Independent Board Members
0
Employees
1,122
Volunteers
0

Preparer

Firm
Withumsmithbrownpc
Address
25 BRAINTREE HILL OFC PK SUITE 102, BRAINTREE, MA 02184
Preparer
Israel Tannenbaum
Phone
6174711120
Supplemental Narrative

Additional Explanations

FORM 990, PAGE 1, LINE E:

“Please note that the telephone number reported is a japanese telephone number. Showa women's university inc.'s japanese telephone number, with appropriate country code information, is: 011 81 3 3411 5125.”

FORM 990, PART III, LINE 4D:

“Program service expenses associated with elementary, early childhood education and care center, junior college, student dormitory use, trust study, open college, and other activities. $8,367,903.”

FORM 990, PART V, LINE 2B:

“Employees reported are foreign persons compensated for services rendered to the organization outside the us.”

FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS:

“Currency translation: $4,543,987.”

Form 990 Part IX Line 11G

“Description:other fees total fees:10126521”

Raw XML AppendixShowing 400 of 820 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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