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MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Shimizu Corporation    1803   JP3358800005

SHIMIZU CORPORATION

(1803)
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Seko says seeking explanation for South Korea's removal of Japan trade status

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08/14/2019 | 10:13pm EDT
FILE PHOTO : Seko speaks at a news conference at Prime Minister Shinzo Abe's official residence in Tokyo

TOKYO (Reuters) - Japanese industry minister Hiroshige Seko said on Thursday that South Korea's reason for deciding to revoke Japan's preferential trade status was unclear and that he was seeking a detailed explanation.

Seko also told a news conference there would be little impact from the move on Japan's economy.

South Korea on Monday said it would remove Japan from a list of countries with fast-track trade status from September, citing problems with export control measures. The move deepens a diplomatic rift between the two Asian neighbours.

(Reporting by Ritsuko Shimizu; Writing by Chris Gallagher; Editing by Joseph Radford)

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Financials
Sales 2021 1 564 B 14 850 M 14 850 M
Net income 2021 80 579 M 765 M 765 M
Net Debt 2021 113 B 1 072 M 1 072 M
P/E ratio 2021 7,67x
Yield 2021 3,74%
Capitalization 622 B 5 903 M 5 903 M
EV / Sales 2021 0,47x
EV / Sales 2022 0,48x
Nbr of Employees 14 119
Free-Float 75,4%
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Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 961,43 JPY
Last Close Price 815,00 JPY
Spread / Highest target 41,1%
Spread / Average Target 18,0%
Spread / Lowest Target -11,7%
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Managers
NameTitle
Kazuyuki Inoue President & Representative Director
Yoichi Miyamoto Chairman
Toyoji Sone Managing Executive Officer, Head-Finance & IR
Yutaka Ishikawa Manager-Technology Research & Head-Technology
Takeshi Sekiguchi Executive Officer & GM-Engineering Business
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