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DAIWA HOUSE INDUSTRY, Oct-Dec (3Q) Ordinary Profit Increases by 9%
1925 DAIWA HOUSE INDUSTRY CO., LTD. 【J-GAAP】
Earnings ReportDAIWA HOUSE INDUSTRY CO., LTD. <1925> [TSE Prime] announced its financial results in the afternoon session on February 13th (14:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) was 335 billion yen, a 1.4% decrease compared to the same period last year. Progress toward the full-year plan of 461 billion yen was 72.8%, which was higher than the five-year average of 63.8%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to decrease 28.5% from the same period last year to 125 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 9.0% from the same period last year, reaching 130 billion yen. The operating profit margin improved from 9.4% in the same period last year to 10.2%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 3,756,464 | 284,980 | 277,452 | 216,284 | 328.9 | 64.9 | Feb 9, 2024 | J-GAAP |
| Apr - Dec, 2024 | 3,950,295 | 357,224 | 340,315 | 236,832 | 372.5 | 66.0 | Feb 13, 2025 | J-GAAP |
| Apr - Dec, 2025 | 4,030,292 | 363,589 | 335,390 | 225,356 | 364.2 | 72.8 | Feb 13, 2026 | J-GAAP |
| YoY | +2.0% | +1.8% | -1.4% | -4.8% | -2.2% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 2,782,196 | 311,624 | 295,027 | 168,716 | 266.8 | 80 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 2,969,055 | 288,601 | 255,659 | 152,282 | 245.9 | 100 | Nov 13, 2025 | J-GAAP |
| YoY | +6.7% | -7.4% | -13.3% | -9.7% | -7.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 5,202,919 | 440,210 | 427,548 | 298,752 | 457.2 | 143 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 5,434,819 | 546,279 | 515,985 | 325,058 | 514.0 | 150 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 5,600,000 | 510,000 | 461,000 | 290,000 | 468.2 | 175 | Nov 13, 2025 | J-GAAP |
| YoY | +3.0% | -6.6% | -10.7% | -10.8% | -8.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 1,297,672 | 122,569 | 119,357 | 80,490 | 126.6 | 9.4 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 1,484,524 | 189,055 | 175,670 | 88,226 | 139.5 | 12.7 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 1,292,144 | 118,116 | 111,939 | 76,239 | 123.3 | 9.1 | Aug 6, 2025 | J-GAAP |
| Jul - Sep, 2025 | 1,338,801 | 103,283 | 93,402 | 61,479 | 99.4 | 7.7 | Nov 13, 2025 | J-GAAP |
| Oct - Dec, 2025 | 1,399,347 | 142,190 | 130,049 | 87,638 | 141.6 | 10.2 | Feb 13, 2026 | J-GAAP |
| YoY | +7.8% | +16.0% | +9.0% | +8.9% | +11.9% |
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