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Shimizu Corporation

1803.TIndustrialsTSE

Engineering & Construction · Last scanned Jun 3, 2026

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Financials · Annual
Revenue
$1.94T
-3.0% YoY
Net Income
$66.02B
+284.6% YoY
EBITDA
$147.85B
+112.9% YoY
Free Cash Flow
-$89.54B

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About Shimizu Corporation

Part of the industrials sector, Shimizu Corporation (1803.T) is listed under Engineering & Construction. Valued at $1.70T, 1803.T is a mega-cap name in its sector. The company offers plans, designs, builds, repairs, manages, operates, and maintains offices, plants, schools, hospitals, and other buildings; designs, builds, and renovates tunnels, bridges, dams, urban infrastructure, and energy and other public facilities; provides construction for manufacturing facilities, high-rise buildings, hospitals, bridges, subways, and other projects; and develops and rents real estate properties.

Key stats
Market Cap$1.70T
P/E (TTM)13.40
Fwd P/E30.45
EPS$186.56
Beta0.44
52W Change+55.1%
Dividend Yield3.08%
ROE13.4%
Analysis

The company holds $355.99B in cash, though total debt stands at $567.41B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow is running at -$89.54B, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at 13.4%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 2.9% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $1.48T (2022) to $1.94T (2025), reflecting a 31% increase over the period.

With a beta below 0.7, Shimizu Corporation typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing 1803.T.

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