Daiwa House Industry Co., Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2026. For the year, the company now expects net sales of JPY 5,600,000 million compared to previous guidance of JPY 5,600,000 million, operating income of JPY 510,000 million compared to previous guidance of JPY 470,000 million and net income attributable to owners of the parent of JPY 290,000 million or JPY 468.74 per basic share compared to previous guidance of JPY 273,000 million or JPY 441.33 per basic share. Reasons for the Revision of Consolidated Earnings: In the 7th Medium-Term Management Plan, a five-year plan that began in fiscal 2022, the Company is pursuing corporate activities based on the three management policies of "evolving revenue model," "Optimizing management efficiency," and "strengthening the management base" in order to realize a sustainable growth model.
While progress in the first six-month period was on track with the plan, a large-scale land sale transaction took place at the Company's U.S. subsidiary at the end of October 2025. In addition, after carefully reviewing the schedules for real estate sales in each business segment, the Company now expects results to exceed the consolidated earnings forecasts announced in May 2025. Therefore, the Company has decided to revise its consolidated earnings forecasts for the fiscal year ending March 2026.
The Company's basic strategy for capital policy is to achieve ROE that exceeds the cost of capital while maintaining financial stability, and to secure equity spreads to increase shareholder value. The Company's basic policy on shareholder returns is to return profits generated through business activities to shareholders, and to increase shareholder value by increasing its earnings per share (EPS) with investing in growth areas such as real estate development, the expansion of overseas business, M&A, research and development, and production facilities in order to maximize corporate value over the medium to long term.
