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Sekisui House, Ordinary Profit Forecast for the Fiscal Year Revised Downward by 5%

Thu Sep 4, 2025 12:00 pm JST Earnings

1928 Sekisui House,Ltd. 【J-GAAP】

Earnings Report

Sekisui House,Ltd. <1928> [TSE Prime] announced its financial results at noon (12:00) on September 4th. The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending January 2026 (February to July) decreased 7.2% from the same period last year to 136 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has decreased 5.3%, from the previous forecast of 339 billion yen to 321 billion yen (compared to 301 billion yen in the previous period), leading to a reduction in the profit growth rate from 12.4% to 6.4%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the August to January period (second half) is expected to grow 19.4% from the same period last year, reaching 184 billion yen.

In the most recent three-month period, from May to July (2Q), the consolidated ordinary profit grew 17.9% from the same period last year, reaching 89.7 billion yen. The operating profit margin improved from 7.9% in the same period last year to 8.5%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Feb - Jul, 2023 1,462,443 124,918 125,239 92,494 140.3 46.7 Sep 7, 2023 J-GAAP
Feb - Jul, 2024 1,859,127 157,141 147,176 122,983 189.8 48.8 Sep 5, 2024 J-GAAP
Feb - Jul, 2025 2,015,408 155,473 136,600 101,603 156.8 42.6 Sep 4, 2025 J-GAAP
YoY +8.4% -1.1% -7.2% -17.4% -17.4%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb - Jul, 2025 Guidance ー ー ー ー － 72 Mar 6, 2025 J-GAAP
Feb - Jul, 2025 Results 2,015,408 155,473 136,600 101,603 156.8 72 Sep 4, 2025 J-GAAP
Revision Rate － － － － －

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan, 2026 Prev 4,500,000 362,000 339,000 232,000 357.9 144 Mar 6, 2025 J-GAAP
Jan, 2026 New 4,331,000 340,000 321,000 232,000 357.9 144 Sep 4, 2025 J-GAAP
Revision Rate -3.8% -6.1% -5.3% 0.0% 0.0%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug - Jan, 2024 2,199,456 174,225 154,451 94,722 146.2 71 Mar 6, 2025 J-GAAP
Aug - Jan, 2025 Guidance 2,315,592 184,527 184,400 130,397 201.2 72 Sep 4, 2025 J-GAAP
YoY +5.3% +5.9% +19.4% +37.7% +37.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan, 2024 3,107,242 270,956 268,248 202,325 309.3 123 Mar 7, 2024 J-GAAP
Jan, 2025 4,058,583 331,366 301,627 217,705 336.0 135 Mar 6, 2025 J-GAAP
Jan, 2026 Guidance 4,331,000 340,000 321,000 232,000 357.9 144 Sep 4, 2025 J-GAAP
YoY +6.7% +2.6% +6.4% +6.6% +6.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
May - Jul, 2024 1,082,075 85,427 76,181 72,556 112.0 7.9 Sep 5, 2024 J-GAAP
Aug - Oct, 2024 1,003,889 75,484 65,531 41,844 64.6 7.5 Dec 5, 2024 J-GAAP
Nov - Jan, 2024 1,195,567 98,741 88,920 52,878 81.6 8.3 Mar 6, 2025 J-GAAP
Feb - Apr, 2025 894,044 60,287 46,811 33,373 51.5 6.7 Jun 5, 2025 J-GAAP
May - Jul, 2025 1,121,364 95,186 89,789 68,230 105.3 8.5 Sep 4, 2025 J-GAAP
YoY +3.6% +11.4% +17.9% -6.0% -6.0%

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