An announcement from Shimizu ( (JP:1803) ) is now available.
Shimizu Corporation has revised its financial forecasts for the fiscal year ending March 31, 2025, reflecting an optimistic outlook with increased net sales and profitability. The revisions are driven by steady progress in domestic construction projects and improved profitability in civil engineering. Consequently, the company has also increased its fiscal year-end dividend forecast, aligning with its policy of maintaining stable dividends and a payout ratio target of roughly 40%, which is expected to positively impact shareholders.
More about Shimizu
Shimizu Corporation is a prominent player in the construction industry, primarily focusing on architectural construction and civil engineering projects. The company is listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market, indicating its significant presence in the Japanese market.
YTD Price Performance: 31.86%
Technical Sentiment Signal: Sell
Current Market Cap: $6.64B
See more data about 1803 stock on TipRanks’ Stock Analysis page.