Daiwa HouseDAIWA HOUSE INDUSTRY CO., LTD.1925東証プライム建設業FY ending Mar 2026, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥11 is left as operating profit. Revenue changed +2.6% from the prior year, operating profit +12.6%.
Net margin × asset turnover = ROA; ROA × financial leverage = ROE
Denominators: average assets and average equity. Derived from reported values; ROE is shown only for positive profit and equity.
| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE |
|---|---|---|---|---|---|
| 2022 | 5.1% | 0.80× | 4.1% | 2.87× | 11.7% |
| 2023 | 6.3% | 0.84× | 5.3% | 2.86× | 15.1% |
| 2024 | 5.7% | 0.82× | 4.7% | 2.86× | 13.5% |
| 2025 | 6.0% | 0.80× | 4.8% | 2.90× | 13.9% |
| 2026 | 6.3% | 0.72× | 4.5% | 3.05× | 13.8% |
Financial leverage can raise ROE; a higher value alone does not describe a company's overall condition.
Annual trends in tangible-asset ratios and goodwill balance.
Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition
Track R&D investment and how long operating capital remains tied up before sales turn into cash.
R&D is shown only for years with machine-readable disclosure. Days are estimates using year-end receivables, inventory and payables divided by annual revenue or cost of sales; financial companies are excluded.
| Item | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 4,439,536 | 4,908,199 | 5,202,919 | 5,434,819 | 5,576,861 |
| Cost of revenue | 3,574,853 | 3,953,004 | 4,210,511 | 4,333,754 | 4,335,041 |
| Gross profit | 864,682 | 955,194 | 992,407 | 1,101,065 | 1,241,820 |
| SG&A | 481,425 | 489,824 | 552,197 | 554,785 | 626,940 |
| Operating income | 383,256 | 465,370 | 440,210 | 546,279 | 614,879 |
| Pretax income | 353,300 | 440,496 | 455,834 | 488,783 | 542,449 |
| Income tax | 124,341 | 124,819 | 155,581 | 158,905 | 182,947 |
| Net income attributable to owners | 225,272 | 308,399 | 298,752 | 325,058 | 350,568 |
| Operating margin | 8.6% | 9.5% | 8.5% | 10.1% | 11.0% |
Year-end figures from filings. Unreported items are omitted. Interest-bearing debt excludes lease liabilities.
Each bar totals 100% of assets; other is the residual.
| Item | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥326.3B | ¥346.2B | ¥439.6B | ¥327B | ¥424.6B |
| Total assets | ¥5.52T | ¥6.14T | ¥6.53T | ¥7.05T | ¥8.41T |
| Net assets | ¥2.11T | ¥2.39T | ¥2.52T | ¥2.72T | ¥3.02T |
| Share capital | ¥161.7B | ¥161.8B | ¥162B | ¥162.2B | ¥162.6B |
| Property, plant and equipment | ¥1.97T | ¥2.03T | ¥2.01T | ¥2.14T | ¥2.34T |
| Intangible assets excluding goodwill | ¥170.9B | ¥193.6B | ¥203.6B | ¥205.1B | ¥382.8B |
| Goodwill | ¥93.9B | ¥94.5B | ¥95.4B | ¥94.7B | ¥159.9B |
| Investment securities | ¥228.8B | ¥218.8B | ¥224.6B | ¥220.9B | ¥303.8B |
| Current assets | ¥2.69T | ¥3.25T | ¥3.65T | ¥3.88T | ¥4.7T |
| Current liabilities | ¥1.44T | ¥1.53T | ¥1.53T | ¥1.83T | ¥2.66T |
| Short-term borrowings | ¥151.4B | ¥133B | ¥122.3B | ¥170.3B | ¥757.9B |
| Long-term borrowings | ¥758.5B | ¥945.5B | ¥988.9B | ¥1.03T | ¥1.21T |
| Bonds | ¥408B | ¥559B | ¥759B | ¥744B | ¥714B |
| Interest-bearing debt | ¥1.32Tderived | ¥1.64Tderived | ¥1.87Tderived | ¥1.95Tderived | ¥2.68Tderived |
| Total liabilities | ¥3.41T | ¥3.75T | ¥4.01T | ¥4.33T | ¥5.39T |
| Non-controlling interests | ¥91.2B | ¥104.7B | ¥85.9B | ¥102.5B | ¥125.5B |
| Equity attributable to owners of parent | ¥1.92T | ¥2.16T | ¥2.28T | ¥2.41T | ¥2.66T |
| Retained earnings | ¥1.49T | ¥1.71T | ¥1.9T | ¥2.13T | ¥2.39T |
| Treasury stock | -¥29.1B | -¥20.3B | -¥88.3B | -¥188.3B | -¥185.5B |
EDINET (FSA Japan)
有価証券報告書－第87期(2025/04/01－2026/03/31)
EDINET (FSA Japan)
有価証券報告書－第86期(2024/04/01－2025/03/31)
EDINET (FSA Japan)
有価証券報告書－第85期(2023/04/01－2024/03/31)
EDINET (FSA Japan)
有価証券報告書－第84期(2022/04/01－2023/03/31)
EDINET (FSA Japan)
有価証券報告書－第83期(令和3年4月1日－令和4年3月31日)
EDINET (FSA Japan)
有価証券報告書－第82期(令和2年4月1日－令和3年3月31日)
Extracted from XBRL: 54 / Derived from other figures: 2
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