SHIMIZU CORPORATION shares firm in afternoon session as fiscal 2026 results exceed guidance on improved construction profitability

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Fri Apr 24, 2026 2:01 pm JST Catalyst

SHIMIZU CORPORATION <1803> showed firm movement entering the afternoon session. Around 1 p.m., the company announced that its consolidated results for the fiscal year ending March 2026, currently being compiled, appear to have exceeded previous forecasts, with revenue rising from the earlier projection of 2,010 billion yen to 2,057.8 billion yen (up 5.8% year-on-year), operating profit increasing from 110 billion yen to 118.6 billion yen (up 67.0% year-on-year), and net profit climbing from 110 billion yen to 126.6 billion yen (up 91.8% year-on-year). This announcement attracted buying interest as a positive factor.

The upward revision is attributed to domestic architectural and civil engineering construction projects progressing smoothly, resulting in completed construction work exceeding the plan. Improved construction profitability in domestic architectural projects and domestic and overseas construction subsidiaries also contributed. In conjunction with the better-than-expected results, the company raised its year-end dividend forecast from 43 yen to 50 yen. The annual dividend forecast now stands at 72 yen (compared to 38 yen in the previous fiscal year).

Source: MINKABU PRESS

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