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Sekisui House (1928) investor relations material
Sekisui House Q4 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales and profit reached record highs in the final year of the Sixth Mid-Term Management Plan, driven by stable domestic growth and strong development property sales, despite sluggish U.S. homebuilding performance.
All three years of the Sixth Mid-Term Management Plan outperformed initial targets.
Dividend increased for the 14th consecutive year, up by ¥144 to ¥9 per share.
Financial highlights
FY2025 net sales: ¥4,197.9 billion, up 3.4% year-over-year; operating profit: ¥341.4 billion, up 3.0%; profit attributable to owners: ¥232.0 billion, up 6.6%; EPS: ¥358.07.
Gross profit increased 6.8% YoY to ¥839,819 million; gross profit margin improved to 20.0% (+0.6p YoY).
Ordinary profit rose 8.7% to ¥327,800 million.
Net assets per share increased to ¥3,300.57.
Cash and cash equivalents at year-end were ¥434,925 million, up ¥44,618 million YoY.
Outlook and guidance
FY2026 plan: net sales ¥4,353.0 billion (+3.7% YoY), operating profit ¥350.0 billion (+2.5%), profit attributable to owners ¥218.0 billion (-6.1%).
EPS forecasted at ¥336.30; annual dividend to increase to ¥145.00 per share, maintaining a payout ratio above 40%.
ROE target set in the high 12% range by FY2028.
Segment structure to be revised for enhanced business unit management.
- Record sales but profit fell due to U.S. headwinds; outlook and dividend remain strong.1928
Q3 20264 Dec 2025 - Record-high sales and profit achieved, but overseas margins fell and guidance was lowered.1928
Q2 20264 Sep 2025 - Sales and profits surged, driven by U.S. growth, acquisitions, and a record order backlog.1928
Q3 202513 Jun 2025 - Record sales and profit drive upward revision of full-year guidance and dividend forecast.1928
Q2 202513 Jun 2025 - Record Q1 sales and profit growth prompt upward full-year guidance and higher dividends.1928
Q1 202513 Jun 2025 - Record sales, profit decline on costs and FX; U.S. acquisition drives overseas growth.1928
Q1 20266 Jun 2025 - FY2025 targets record sales and profit, driven by U.S. growth and strategic investments.1928
Q4 20256 Jun 2025
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