Shimizu set JPY 100 billion bond terms: what it means for Shimizu stock

Published on 10/13/2026 at 04:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bonds total JPY 100 billion, with JPY 90 billion for growth. Shimizu stock was last at EUR 11.45 on October 12, 2026, versus JPY 2,025.50 in Tokyo.

Key points in brief

Shimizu set JPY 100 billion of convertible bond terms on September 24, 2026.
JPY 90 billion is assigned to growth investment and JPY 10 billion to share buybacks.
The last Lang & Schwarz quote was EUR 11.45 on October 12, 2026.
Tokyo-listed Shimizu stock was quoted at JPY 2,025.50 on October 13, 2026.

Shimizu, JP3358800005, Illustration mit AI erstellt.

Shimizu set terms for JPY 100 billion of convertible bonds on September 24, 2026, creating a financing package that combines growth investment with share buybacks. FilingReader reported that the two tranches total JPY 50 billion each and could create potential share dilution of 5.32 percent if fully converted. That structure is the key issue for Shimizu stock.

Three capital steps define the package

On September 24, 2026, Shimizu announced the 2031 and 2033 euro-yen convertible bonds, with proceeds directed toward capital allocation. The terms included conversion prices of JPY 2,845 for the 2031 bonds and JPY 2,704 for the 2033 bonds, according to FilingReader.

On September 25, 2026, the company completed an off-market share purchase of 4,254,400 shares for JPY 9,999,967,200. Japan IR said the transaction was tied to the convertible-bond financing and aimed to improve liquidity and capital efficiency.

What does the dilution mean?

The potential 5.32 percent dilution is the clearest counterweight to the buyback message. Investors are weighing JPY 90 billion for growth investment against JPY 10 billion earmarked for share repurchases, while the bonds may expand the share count if conversion occurs.

The payment date for both bond tranches is October 13, 2026. The buyback program's stated acquisition period runs through December 30, 2026, giving the capital plan a defined timetable rather than an open-ended announcement.

Tokyo quote remains the market anchor

Shimizu Corporation was last quoted at JPY 2,025.50 on the Tokyo Stock Exchange at 2:05 a.m. CEST on October 13, 2026. The same quote showed a market capitalization of JPY 1.4 trillion and a 52-week range of JPY 1,941.50 to JPY 3,618.00.

At Lang & Schwarz, Shimizu stock was last at EUR 11.45 on October 12, 2026 at 10:57 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Shimizu stock.