Shimizu Lifts Profit and Dividend Forecasts on Strong Construction Margins and Asset Gains

Shimizu ( (JP:1803) ) has issued an announcement.

Shimizu Corporation sharply upgraded its full-year consolidated and non-consolidated earnings forecasts for the fiscal year ending March 31, 2026, citing stronger-than-expected profitability in domestic architectural and civil engineering projects and improved performance at construction subsidiaries in Japan and abroad. The company now expects consolidated net sales of ¥2,010 billion and net income attributable to shareholders of ¥110 billion, representing double-digit percentage increases over its previous guidance, supported in part by higher-margin variation orders and additional work on existing contracts, improved construction profit rates, better net financial income, and a substantial gain on the sale of investment securities that will more than offset an impairment loss at a North American real estate subsidiary. Reflecting the stronger outlook and higher profits, Shimizu also raised its year-end dividend forecast from ¥22 to ¥43 per share, lifting the full-year dividend to ¥65 per share, a significant increase from the prior year, signaling a more shareholder-friendly capital policy and underscoring management’s confidence in the sustainability of its earnings improvement.

The most recent analyst rating on (JP:1803) stock is a Hold with a Yen3182.00 price target. To see the full list of analyst forecasts on Shimizu stock, see the JP:1803 Stock Forecast page.

More about Shimizu

Shimizu Corporation is a major Japanese general contractor listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market, engaged primarily in architectural construction and civil engineering projects in Japan and overseas.

Average Trading Volume: 2,589,901

Technical Sentiment Signal: Buy

Current Market Cap: Yen1823.3B

For an in-depth examination of 1803 stock, go to TipRanks’ Overview page.