DAIWA HOUSE INDUSTRY CO., LTD.
1925・Prime Market・Construction
Governance
As a company with a Board of Corporate Auditors, the Board of Directors consists of 14 directors (of which 7 are outside directors, an outside director ratio of 50%), and the company has adopted an executive officer system. It has voluntarily established a Nomination Advisory Committee, a Compensation Advisory Committee, and a Corporate Governance Committee to ensure independence and objectivity.
Risk Management
The company has established a Risk Management Committee within each business division under the Chief Risk Management Officer (Head of the Corporate Management Division), building a system for the immediate reporting and escalation of risk information. It recognizes climate change, human capital, human rights, information security, compliance, and other issues as medium- to long-term risks, and is promoting their integration into a company-wide risk management process.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥175 per share (interim ¥75, year-end ¥100, including a ¥10 commemorative dividend for the company's 70th anniversary), with a payout ratio of 30.9%. For FY2027 (ending March 2027), on a post-split basis the forecast is interim ¥86 and year-end ¥45 (¥176 on a pre-split basis), with a payout ratio of 48.0%. Share buybacks were limited to ¥14 million during the current period.
Dividend Policy
The annual dividend for FY2026 (ending March 2026) is ¥175 per share (ordinary dividend of ¥165 plus a ¥10 commemorative dividend for the company's 70th anniversary), with total dividends of ¥108,340 million and a consolidated payout ratio of 30.9%. For FY2027 (ending March 2027), the company plans to conduct a 1-for-2 stock split effective October 1, 2026. On a post-split basis, the FY2027 forecast is interim dividend of ¥86 and year-end dividend of ¥45 (¥176 on a pre-split basis), with a forecast payout ratio of 48.0%. The rise in the forecast payout ratio for FY2027 is mainly due to the absence of the gain from amortization of actuarial differences on retirement benefits (¥115,675 million) recorded in the prior period.
ESG
Under the long-term environmental vision "Challenge ZERO 2055," the company targets carbon neutrality by 2050, achieving a 39.2% reduction in value chain-wide GHG emissions in FY2025 compared to FY2015. In terms of human capital, the ratio of female managers stood at 6.3% and the male childcare leave uptake rate at 87.3%, with total education investment for FY2025 at the filing company alone reaching approximately ¥2,760 million.
Last updated: June 17, 2026