Sekisui House : Company Presentation for FY2023 2Q

Sekisui House Group

Company Presentation for FY2023 2Q

September 8, 2023

Sixth Mid-Term Management Plan: Fundamental Policy

The Sekisui House Global Vision

M a k e h o m e t h e h a p p i e s t p l a c e i n t h e w o r l d

Propose happiness through the integration of	Become a leading company	Make Sekisui House technologies
technologies, lifestyle design and services	in ESG management	the global de facto standard
✓ Introducing the "life knit design" concept that	✓ Helping solve environmental issues through	✓ Entering the southeastern United States
interweaves lifestyles	residences	✓
		Expanding the sale of our SHAWOOD products,
✓ Creating value through data-driven DX	✓ Making employee autonomy a growth driver	which leverages safety, comfort, and design
✓ Offering PLATFORM HOUSE, health services, and	✓ Innovation and communication	✓ Engraining such lifestyle design as our lifestyle proposal
lifestyle services		capabilities, customer engagement, and brands

Stable Growth in Japan and Proactive Growth Overseas

Utilizing Management Resources and Enhancing Value

Human capitalDX and data Products and services Growth investments

Our core competencies

Technical capabilities

Construction capabilities

Customer base

• Progress in Earnings Plan

Progress in Sixth Mid-Term Management Plan

2Q Results	Full-year results	Full-year plan		Net sales							3,676.0
							3,080.0	3,270.0	(Plan)
												2,928.8	(Plan)
												(Plan)
(Billions of yen)									2,446.9	2,589.5
							2,415.1
					2,159.3	2,160.3
				1,912.7		2,026.9
			1,805.1	1,858.8
	1,530.5	1,613.8
1,488.3										1,423.6	1,462.4
							1,207.8	1,167.9	1,223.6
				910.1	931.5	949.6	1,009.4	1,002.6
738.7	746.3	758.0	845.2
2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025

							Operating profit
2Q Results	Full-year results	Full-year plan										318.0
												261.4	265.0	275.0	(Plan)
											230.1	(Plan)
(Billions of yen)											(Plan)
					195.5		205.2
						184.1	189.2	186.5
			131.9	146.5	149.6							146.4	124.9
		86.1						113.0		109.6
56.3	70.8			81.7	79.2	89.0	78.6	92.6
	71.7
33.2	55.6
26.3	32.5
2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025

1st Plan	2nd Plan
Establishment	Acceleration of Profit
of lean	growth through
earnings base	business expansion

3rd Plan	4th Plan	5th Plan	6th Plan
Strengthening the synergies in the	Building the foundation for the	Further strengthening core
Stable Growth in Japan and
Group and taking on new challenges	residential‐related business toward	businesses and
in the residential‐related business	BEYOND 2020	embarking on new businesses	Proactive Growth Overseas

Slide 3

Progress in the FY2023 Earnings Plan by Segment

FY2022 2Q Results

FY2023 2Q Results

YoY

Net sales

Operating

Operating

Orders

Order

Net sales

Operating

Operating

Orders

Order

Net sales

Operating

Operating

Orders

Order

profit

profit

backlog

profit

profit

backlog

profit

profit

backlog

margin

margin

margin

Built-to-Order Business	Detached houses	240.8	22.9	9.5%	241.0	241.7	231.4	18.8	8.1%	229.0	232.9	(9.4)	(4.1)	(1.4P)	(12.0)	(8.8)
Rental housing and	247.0	37.5	15.2%	248.5	477.5	263.7	39.5	15.0%	272.5	499.1	16.7	2.0	(0.2P)	24.0	21.5
	commercial buildings
	Architectural/civil	131.2	6.5	5.0%	129.7	383.7	123.6	6.7	5.4%	144.1	396.1	(7.5)	0.1	0.4P	14.3	12.3
	engineering
	Subtotal	619.0	67.0	10.8%	619.2	1,103.1	618.8	65.1	10.5%	645.7	1,128.2	(0.2)	(1.9)	(0.3P)	26.4	25.0
SuppliedHousing Business	Rental housing	307.4	24.9	8.1%	307.4	-	321.1	26.2	8.2%	321.1	-	13.7	1.2	0.1P	13.7	-
management
	Remodeling	83.3	11.2	13.5%	87.0	37.0	88.2	12.1	13.7%	88.9	37.2	4.9	0.8	0.2P	1.9	0.1
	Subtotal	390.8	36.1	9.3%	394.4	37.0	409.4	38.3	9.4%	410.1	37.2	18.6	2.1	0.1P	15.6	0.1
	Real estate and	109.6	9.0	8.3%	119.7	43.3	130.2	12.4	9.6%	155.2	67.4	20.5	3.4	1.3P	35.5	24.1
Development Business	brokerage
Condominiums	54.8	10.6	19.4%	42.4	73.8	49.9	8.3	16.7%	51.7	79.2	(4.9)	(2.2)	(2.7P)	9.3	5.3
	Urban	23.2	0.4	2.0%	38.1	29.7	68.3	13.0	19.0%	79.6	11.3	45.1	12.5	17.0P	41.5	(18.3)
	redevelopment
	Subtotal	187.7	20.1	10.7%	200.3	146.8	248.5	33.8	13.6%	286.7	157.9	60.7	13.7	2.9P	86.3	11.1
	Overseas Business	241.6	46.1	19.1%	250.7	324.0	201.7	12.4	6.2%	266.1	292.0	(39.9)	(33.7)	(12.9P)	15.3	(32.0)
	Other Businesses	4.0	0.8	20.5%	4.0	-	6.2	1.1	19.0%	6.3	0.4	2.2	0.3	(1.5P)	2.3	0.4
Eliminations and back	(19.7)	(24.0)	-	(18.9)	(17.6)	(22.4)	(26.0)	-	(21.1)	(21.4)	(2.6)	(2.0)	-	(2.2)	(3.7)
	office
	Total	1,423.6	146.4	10.3%	1,450.0	1,593.4	1,462.4	124.9	8.5%	1,593.9	1,594.5	38.8	(21.5)	(1.8P)	143.8	1.0

(Billions of yen)

Progress to Full-year Plan

Net sales	Operating	Orders
	profit
48.0%	42.9%	47.2%
49.3%	48.2%	49.6％
45.3%	67.1%	57.9％
48.0%	47.9%	50.3％
50.3%	53.5%	50.3％
49.3%	50.5%	48.9％
50.1%	52.5%	50.0％
46.7%	54.3%	55.5％
45.4%	52.3%	57.5％
55.1%	72.3%	64.2％
48.5%	59.4%	58.0％
41.8%	25.5%	55.9％
57.2%	119.5％	57.7％
-	-	-
47.5%	47.1%	52.2％

Slide 4