Shimizu posts strong H1 results, launches new stock incentive plan

Shimizu Corporation reported a 332.3% increase in net income attributable to owners of parent, reaching 46,155 million yen for the first half of the fiscal year ending March 2026, on a 7.1% rise in revenue to 897,008 million yen. Operating profit also saw a substantial increase of 119.9% to 38,920 million yen. The company's full-year consolidated earnings forecast for the fiscal year ending March 2026 remains unchanged, with an expected 75,000 million yen in net income attributable to owners of parent on 1,910,000 million yen in revenue.

In a related announcement, Shimizu's board of directors approved a new restricted stock incentive plan for its employees' stock ownership association. This plan involves the disposal of 2,900,000 shares of treasury stock at 2,216.0 yen per share, totaling 6,426,400,000 yen. The aim is to enhance employee welfare and align their interests with corporate value.

The transfer restriction period for these shares is from March 19, 2026, to June 1, 2031, with restrictions lifted upon meeting continuous membership conditions. This strategic move, along with robust financial performance, underscores Shimizu's commitment to both shareholder value and employee motivation.