Below are the financial statements of Shimizu, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in billions of JPY | 2024 | 2023 |
---|---|---|
Current assets | — | — |
Cash | 270.26a | 372.78a |
Notes and accounts receivable - trade | 903.84a | 837.37a |
Marketable securities | 69a | 14a |
Real estate for sale | 12.88a | 2a |
Costs on uncompleted construction contracts | 42.98a | 43.86a |
Costs on uncompleted real estate development projects | 29.02a | 25.34a |
Other inventories | 4.06a | 3.53a |
Other current assets | 140.52a | 156.42a |
Less: Allowance for doubtful accounts | -1.88a | -1.4a |
Total current assets | 1,470.68a | 1,453.9a |
Tangible fixed assets | — | — |
Buildings and structures | 413.01a | 371.18a |
Machinery, vehicles, tools, furniture and fixtures | 194.89a | 184.24a |
Land | 289.28a | 294.95a |
Construction in progress | 6.21a | 31.09a |
Less: Accumulated depreciation | -264.8a | -246.21a |
Total tangible fixed assets | 638.58a | 635.25a |
Intangible fixed assets | 22.22a | 21.47a |
Investments and other assets | — | — |
Investment securities | 373.01a | 312.97a |
Deferred tax assets | 13.15a | 9.19a |
Other investments | 23.14a | 17.12a |
Less: Allowance for doubtful accounts | -2.02a | -1.88a |
Total investments and other assets | 407.29a | 337.4a |
Total non-current assets | 1,068.09a | 994.11a |
Total assets | 2,538.77a | 2,448.01a |
Current liabilities | — | — |
Notes and accounts payable - trade | 377.77a | 424.34a |
Short-term borrowings | 242.15a | 225.66a |
Current portion of non-recourse borrowings | 30.95a | 8.43a |
Current portion of bonds payable | 20a | 0a |
Advances received on uncompleted construction contracts | 152.74a | 152.68a |
Warranty reserve | 4.18a | 4.12a |
Reserve for expected losses on construction contracts in process | 125.79a | 65.45a |
Other current liabilities | 234.81a | 205.4a |
Total current liabilities | 1,188.4a | 1,086.09a |
Non-current liabilities | — | — |
Bonds payable | 125a | 130a |
Long-term borrowings | 131.89a | 134.78a |
Non-recourse borrowings | 53.2a | 78.4a |
Deferred tax liabilities | 2.2a | 1.5a |
Deferred tax liabilities for revaluation reserve for land | 17.14a | 17.5a |
Net defined benefit liability | 38.75a | 60.18a |
Other non-current liabilities | 34.14a | 32.29a |
Total non-current liabilities | 402.31a | 454.65a |
Total liabilities | 1,590.71a | 1,540.73a |
Shareholders’ equity | — | — |
Common stock, no par value | 74.37a | 74.37a |
Additional paid-in capital | 43.59a | 43.69a |
Retained earnings | 586.76a | 625.32a |
Less: Treasury stock, at cost 29,349 thousand shares as at March 31, 2024 | -27.51a | 0a |
Less: Treasury stock, at cost 47,611 thousand shares as at March 31, 2023 | 0a | -41.3a |
Total shareholders’ equity | 677.21a | 702.08a |
Accumulated other comprehensive income | — | — |
Net unrealized gain (loss) on other securities, net of taxes | 164.05a | 121.94a |
Deferred gain (loss) on hedging, net of taxes | -0.18a | 0.2a |
Revaluation reserve for land, net of taxes | 24.75a | 25.5a |
Foreign currency translation adjustments | 5.86a | 3.4a |
Remeasurements of defined benefit plans | 16.86a | -0.56a |
Total accumulated other comprehensive income | 211.33a | 150.48a |
Non-controlling interests | 59.52a | 54.72a |
Total net assets | 948.06a | 907.28a |
Total liabilities and net assets | 2,538.77a | 2,448.01a |
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