SEKISUI CHEMICAL CO.,LTD.
4204・Prime Market・Chemicals
Housing Business
An integrated housing and living business centered on domestic unit housing, extending into remodeling, real estate, and community development
| Period | Current | Previous | Change |
|---|---|---|---|
| Sales to external customers | ¥535,944 million | ¥523,912 million | ↑ |
| Segment profit (operating income) | ¥37,150 million | ¥31,498 million | ↑ |
| Segment assets | ¥480,322 million | ¥402,712 million | ↑ |
| Depreciation and amortization | ¥11,210 million | ¥11,397 million | ↓ |
| Increase in property, plant and equipment and intangible assets | ¥10,842 million | ¥12,778 million | ↓ |
Business Details
Centered on the manufacture, construction, and sale of steel-frame and wood-frame unit housing (SEKISUI HEIM), the segment operates a Residential Business encompassing remodeling (SEKISUI Fami-S), real estate brokerage, rental property management, buy-and-resell operations, and condominiums (HEIM SUITE). The majority of sales are domestic, with the main drivers of earnings improvement being the expansion of sales of higher-priced detached houses and multi-unit housing centered on urban areas, and the expansion of remodeling orders originating from periodic inspections targeting existing homeowners.
Recent Overview
Achieved higher sales and substantial profit growth on higher per-unit prices and remodeling growth despite sluggish new housing market conditions
In FY2026 (ending March 2026), the Housing Company achieved sales of ¥535,944 million (up 2.3% year on year) and segment profit of ¥37,150 million (up 17.9% year on year), a substantial increase in profit. Although the number of units ordered remained at 96% of the previous fiscal year due to sluggish new housing market conditions, sales exceeded the previous fiscal year, aided by an increase in per-unit prices driven by the expansion of multi-unit housing and higher-priced detached houses. The remodeling business achieved orders at 105% of the previous fiscal year, and the Residential Business expanded steadily, aided by newly consolidated companies. Two newly consolidated companies (Ben House and Architec Planning) have been added to the scope of consolidation.
Key Products
Growth Drivers
- Increase in per-unit prices through expanded sales of urban multi-unit housing and higher-priced detached houses (orders received at 102% of the previous fiscal year)
- Expansion of large-scale remodeling orders originating from periodic inspections (orders received at 105% of the previous fiscal year)
- Stable growth of the Residential Business through steady increases in rental management units and expanded buy-and-resell operations
- Strengthening of the product lineup through new product introductions and recovery in the number of units ordered in regional areas (next fiscal year plan: orders received at 102% of the previous fiscal year)
- Strengthening of the product menu centered on insulation remodeling and expansion of external sales orders (next fiscal year plan: orders received at 105% of the previous fiscal year)
Risks
- Continued prolonged slump in the domestic new housing market (declining consumer sentiment due to rising mortgage interest rates and higher prices)
- Sluggish demand recovery in regional areas and the risk that the number of units ordered falls below the previous fiscal year
- Prolonged construction periods and rising construction costs due to labor shortages at construction sites
- Risk of profit pressure from rising prices of raw materials and building materials
- Decline in purchasing intent due to further increases in mortgage interest rates
Last updated: June 12, 2026