Daiwa House Industry raised its consolidated earnings forecast for the fiscal year ending March 2027, putting revenue on track to exceed ¥6 trillion for the first time. Orders and property sales remain strong, particularly in the business facilities segment, while the performance of セムリンクス and Fujita Corporation is running ahead of plan.
Daiwa House Industry announced that it had raised its full-year earnings forecast for the fiscal year ending March 2027 from the figure announced in August, and now expects revenue to exceed ¥6 trillion for the first time. Full-year revenue from the business facilities segment is expected to reach ¥1.66 trillion, up 39.5% from the previous fiscal year, making it the main driver of overall growth.
The increase in revenue from this segment reflects the performance of its subsidiaries セムリンクス (formerly Sumitomo Densetsu) and Fujita Corporation, which has been running ahead of plan. Growth in the development, contracting and sale of logistics facilities, as well as progress in property sales in Japan and overseas, has also contributed.
The increase in plans related to Micron Technology's semiconductor plants and in demand for facility construction is said to have led to higher orders in the electrical construction business. As a result, the company expects to raise its full-year forecasts for operating profit and net income to record levels.