Shimizu Corporation (XSZ.F) Tuesday reported net income of 11.128 billion yen or 16.33 yen per share for the first quarter, higher than 2.408 billion yen or 3.41 yen per share in the comparable quarter last year, mainly helped by growth is sales.
Operating income rose to 17.25 billion yen from 1.769 billion yen a year ago.
Sales for the quarter grew 10.2% to 441.799 billion yen from 401.022 billion yen in the previous year.
For the full year, the company expects sales to decline 1.8% year-on-year to 1,910 billion yen. Net income is expected to be 75 billion yen, 13.6% up from last year. EPS is expected at 110.21 yen.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.