Daiwa House Industry Co ( (DWAHF) ) has released its Q3 earnings. Here is a breakdown of the information Daiwa House Industry Co presented to its investors.
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Daiwa House Industry Co., Ltd. is a leading Japanese company engaged in the construction and real estate sectors, known for its comprehensive development projects ranging from residential to commercial and logistics facilities, and its commitment to sustainability and innovation.
In the first nine months of the fiscal year ending March 31, 2025, Daiwa House Industry reported an increase in consolidated net sales of 5.2% year-on-year, reaching 3,950,295 million yen. Operating income rose by 25.4% to 357,224 million yen, while net income attributable to the owners of the parent increased by 9.5% to 236,832 million yen.
Key highlights include significant growth in the Single-Family Houses and Logistics, Business & Corporate Facilities segments, with operating incomes rising by 62.3% and 55.9% respectively. Meanwhile, the Condominiums segment experienced a decline in sales and operating income due to strategic changes in its business structure. The company continues to expand its overseas operations, particularly in the US, and is advancing its renewable energy initiatives in response to the growing demand for sustainable solutions.
Total assets increased to 6,955,702 million yen, mainly due to the acquisition of real estate for sale, while total liabilities rose to 4,345,251 million yen in part due to increased borrowings. Despite these increases, the net assets ratio remains stable. Daiwa House’s strategic focus on expanding high-value-added businesses and leveraging digital transformation aligns with its long-term growth plans under its Medium-Term Management Plan.
Looking ahead, Daiwa House Industry maintains its earnings forecasts for the fiscal year ending March 31, 2025, as it continues to navigate economic uncertainties and capitalize on emerging market opportunities. The company remains committed to optimizing its business model to ensure sustainable growth and shareholder value.
