Key Developments: Shimizu Corp (1803.T)
375JPY
20 Jun 2013
¥-3 (-0.79%)
¥373
¥373
¥382
¥368
3,283,000
5,836,738
¥432
¥223
Latest Key Developments (Source: Significant Developments)
SHIMIZU CORP Announces Resignation of Chairman
SHIMIZU CORP announced that Tetsuya Nomura will resign from the position of Chairman of the Board in the Company, effective June 27, 2013. Full Article
R&I Affirms Shimizu Corporation's Rating at "A"; Rating Outlook Stable
Rating and Investment Information, Inc. (R&I) announced that it has affirmed the rating on Shimizu Corporation at "A". The rating outlook is stable. Full Article
SHIMIZU CORP Lowers Consolidated Full-year Outlook for FY 2013
SHIMIZU CORP announced that it has lowered its consolidated full-year outlook for revenue from JPY 1,420,000 million to JPY 1,410,000 million, operating profit from JPY 21,500 million to JPY 14,500 million, ordinary profit from JPY 21,000 million to JPY 15,000 million and net profit from JPY 10,000 million to JPY 5,500 million, for the fiscal year ending March 2013. The Company lowered the outlook due to the increased cost, among others. Full Article
Shimizu Corporation Amends Consolidated Full-year Outlook for FY Ended March 2012
Shimizu Corporation announced that it has raised its consolidated full-year outlook for revenue from JPY 1,330,000 million to JPY 1,336,100 million, but lowered its consolidated full-year outlook for operating profit from JPY 25,000 million to JPY 17,500 million, ordinary profit from JPY 22,000 million to JPY 16,100 million and net profit from JPY 6,500 million to JPY 1,400 million for the fiscal year ended March 31, 2012. This is due to the increased sale of construction businesses, decreased expenses on taxes, as well as the decreased sale of subsidiaries, and the recording of loss on valuation of real estate. According to I/B/E/S Estimates, analysts on average are expecting the Company to report full-year revenue of JPY 1,332.30 billion and net profit of JPY 7.76 billion. Full Article
R&I Affirms Shimizu Corporation's Rating at "A"; Rating Outlook Stable
Rating and Investment Information, Inc. (R&I) announced that it has affirmed the rating on Shimizu Corporation at "A". The rating outlook is stable. Full Article
Shimizu Corporation Amends Consolidated Full-year Outlook for FY 2012
Shimizu Corporation announced that it has reaffirmed the consolidated full-year outlook for revenue at JPY 1,330,000 million, operating profit at JPY 25,000 million, ordinary profit at JPY 22,000 million, but has lowered the consolidated full-year outlook for net profit from JPY 11,000 million to JPY 6,500 million for the fiscal year ending March 31, 2012. The negative outlook for net profit is mainly due to liquidation of deferred tax agent, as well as record of losses in security investment. Full Article
Nippon Building Fund Inc. to Acquire Property from Shimizu Corporation
Nippon Building Fund Inc. announced that it will be acquiring a Japan-based property, for JPY 1,380,000,000 from SHIMIZU CORPORATION, effective April 13, 2012. Full Article
Nippon Building Fund Inc. to Sell Property to Shimizu Corporation
Nippon Building Fund Inc. announced that it has decided to sell a Tokyo-located property for JPY 3,250,000,000 in total, to Shimizu Corporation. The transaction will be completed on December 26, 2011. Full Article
KKR makes specialist Japan hires ahead of $6 bln Asia fund close
HONG KONG, March 4 - KKR & Co LP has expanded its team in Japan ahead of closing its new $6 billion pan-Asia fund with specialist hires from Goldman Sachs Group Inc and consultancy firm McKinsey & Co.
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