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Shimizu ( (JP:1803) ) has provided an update.
Shimizu Corporation has filed an amended shelf registration to issue its first Blue Bond, a 10 billion yen, five-year unsecured straight corporate bond scheduled for January 2026, with proceeds earmarked to refinance the construction of its self-elevating platform vessel “BLUE WIND” used in offshore wind farm projects. Positioned as Japan’s first Blue Bond dedicated to a SEP vessel, the issuance underscores Shimizu’s strategy to strengthen its role in the sustainable blue economy and offshore wind construction, enhance its sustainability credentials with investors and other stakeholders, and support its ambition to become a top player in offshore wind farm construction, backed by the vessel’s track record on projects in Japan and Taiwan and a Blue Bond Framework aligned with international green and blue bond standards and verified by a second-party opinion.
The most recent analyst rating on (JP:1803) stock is a Hold with a Yen2816.00 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. The company is active in large-scale construction and infrastructure projects and is increasingly focusing on environmental and offshore wind power initiatives under its “SHIMZ Beyond Zero 2050” sustainability vision, which targets a zero-carbon, resource-circulating society that coexists with nature.
Average Trading Volume: 2,712,067
Technical Sentiment Signal: Buy
Current Market Cap: Yen1803.3B
Find detailed analytics on 1803 stock on TipRanks’ Stock Analysis page.