Shimizu (JP:1803) has released an update.
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Shimizu Corporation reported a decrease in net sales, operating income, ordinary income, and net income for shareholders in the first quarter of 2024 compared to the same quarter in 2023. The company’s total assets and net assets have also declined from March to June 2024, with a slight increase in the ratio of owner’s equity. Shimizu expects an increase in net income per share for the fiscal year ending March 2025, despite a projected decline in net sales and operating income.
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