DAIWA HOUSE INDUSTRY, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 7%, Dividend Revised Upward by 5 Yen

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Thu Nov 13, 2025 2:00 pm JST Earnings

1925 DAIWA HOUSE INDUSTRY CO., LTD. 【J-GAAP】

Earnings Report

DAIWA HOUSE INDUSTRY CO., LTD. <1925> [TSE Prime] announced its financial results in the afternoon session on November 13th (14:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) decreased 7.1% from the same period last year to 205 billion yen.

However, the full-year forecast for consolidated ordinary profit has been revised upward 7.2%, from the previous forecast of 430 billion yen to 461 billion yen (compared to 515 billion yen in the previous period), and the declining rate is expected to decrease from 16.7% to 10.7%.

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 October to March period (second half) is expected to decrease 13.3% from the same period last year to 255 billion yen.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 170 yen to 175 yen (compared to 150 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 93.4 billion yen, an 8.1% decrease compared to the same period last year. The operating profit margin worsened from 8.3% in the same period last year to 7.7%.

Kabutan News

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
Apr - Sep, 2023	2,544,827	191,163	188,115	154,488	234.8	44.0	Nov 10, 2023	J-GAAP
Apr - Sep, 2024	2,652,623	234,655	220,958	156,342	244.7	42.8	Nov 12, 2024	J-GAAP
Apr - Sep, 2025	2,630,945	221,399	205,341	137,718	222.6	44.5	Nov 13, 2025	J-GAAP
YoY	-0.8%	-5.6%	-7.1%	-11.9%	-9.0%

First Half Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2025 Guidance	ー	ー	ー	ー	－	75	May 13, 2025	J-GAAP
Apr - Sep, 2025 Results	2,630,945	221,399	205,341	137,718	222.6	75	Nov 13, 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
Mar, 2026 Prev	5,600,000	470,000	430,000	273,000	441.2	170	Aug 6, 2025	J-GAAP
Mar, 2026 New	5,600,000	510,000	461,000	290,000	468.7	175	Nov 13, 2025	J-GAAP
Revision Rate	0.0%	+8.5%	+7.2%	+6.2%	+6.2%

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	246.1	100	Nov 13, 2025	J-GAAP
YoY	+6.7%	-7.4%	-13.3%	-9.7%	-7.7%

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	468.7	175	Nov 13, 2025	J-GAAP
YoY	+3.0%	-6.6%	-10.7%	-10.8%	-8.8%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2024	1,365,441	112,808	101,593	64,949	101.7	8.3	Nov 12, 2024	J-GAAP
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
YoY	-2.0%	-8.4%	-8.1%	-5.3%	-2.3%