SHIMIZU CORPORATION (1803) Stock Price

Market cap
¥2.07T
P/E ratio
17.8x
Shimizu Corporation is a major Japanese construction company that builds and develops properties while offering related services through 136 subsidiaries worldwide.

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Business Overview

Shimizu Corporation operates in construction, development, and related businesses. The Shimizu Group consists of Shimizu Corporation itself, 136 subsidiaries, and 22 affiliated companies. This structure enables the group to cover a wide range of business areas and provide diverse services.

In the construction business, Shimizu Corporation and related companies including Nihon Doro Co., Ltd., Nihon Fabtech Co., Ltd., Maruhiko Watanabe Construction Co., Ltd., Daiichi Setsubi Kogyo Co., Ltd., and Shimizu Building Life Care Co., Ltd. operate. Shimizu Corporation subcontracts portions of projects to these affiliated companies to achieve efficient project execution.

The development business is primarily handled by Shimizu Corporation and Shimizu General Development Co., Ltd. Shimizu Corporation cooperates with affiliated companies in leasing land and buildings, and also accepts construction contracts. This supports the smooth progress of development projects.

In other business areas, Millux Co., Ltd. sells and leases construction equipment and materials, while SC Machinery Co., Ltd. provides construction machinery rental services. Shimizu Finance Co., Ltd. operates a financing business, and Tama Medical PFI Co., Ltd. handles construction, maintenance, and operation of public facilities. Additionally, Shimizu America manages business operations in North America.

Shimizu Corporation's reportable segments are divided into construction, investment development, and road paving businesses. In addition, the company operates engineering, green energy development, and building lifecycle management businesses, which are included in "other" segments. This diversified structure enables Shimizu Corporation to meet varied market needs.

Management Policy

Shimizu Corporation is pursuing a sustainable future under its long-term vision "SHIMZ VISION 2030." Under this vision, the company aims to transform itself as a "Smart Innovation Company" and provide new value to society through self-transformation beyond construction and co-creation with diverse partners.

Shimizu's medium-term management plan (2024–2026) is based on strengthening the management foundation for sustainable growth. The plan focuses on four pillars—reinforcing the management foundation, business strategy, global expansion, and capital policy and growth investment—to enhance corporate value and achieve sustainable growth.

The company aims to create new value by integrating three types of innovation: business structure, technology, and human resources. Specifically, it is promoting business model diversification, accelerated global expansion, advanced technology development, and the active engagement of diverse talent.

Shimizu is working to improve profitability in its construction business while pursuing growth in real estate development and engineering operations. The company is also scaling up green energy development and building lifecycle services, while focusing on space and ocean development in its frontier business segment.

In global expansion, Shimizu is promoting operational independence at overseas bases, identifying regional business opportunities, and pursuing sustainable business development. Through these efforts, the company is strengthening its international competitiveness and pursuing further growth.

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