Daiwa House Industry : May 11, 2017 Notice Regarding the Revision of Daiwa House Group’s 5th Medium-Term Management Plan
May 11, 2017 at 02:17 am EDT
Share
Press Release (Translation only)
May 11, 2017
Company:
Daiwa House Industry Co., Ltd. (Code number: 1925,
First Section of the Tokyo Stock Exchange)
Representative:
Naotake Ohno, President and COO
Contact:
Tetsuya Tamura, Senior Executive Officer and Department Manager, Strategy Division, Management Administration Headquarters (TEL: +81-6-6342-1211)
Notice Regarding the Revision of Daiwa House Group's 5th Medium -Term Management Plan
Based on recent earnings, Daiwa House Industry Co., Ltd. (the "Company") announces it has revised the performance goals of the 5th Medium-Term Management Plan (FY2016 to FY2018) and performance goals of each core business, which were released at the announcement of financial results on May 13, 2016.
Revision of Performance Goals of the 5th Medium-Term Management Plan
Consolidated net
sales
Consolidated
operating income
Net income
ROE*1
FY2018 targets (revised)
¥3,950 billion
¥340 billion
¥224 billion
10% or
more
FY2018 targets (previous)
¥3,700 billion
¥280 billion
¥180 billion
*1. Return on Equity is an indicator of how much profit a company is making on money invested by shareholders.
Revision of Performance Goals of each Core Business (by business segment)
FY2018 Net sales targets
FY2018 Operating income targets
Revised
Previous
Revised
Previous
Single-Family Houses
¥400 billion
¥388 billion
¥21 billion
¥18 billion
Rental Housing
¥1,100 billion
¥1,060 billion
¥97 billion
¥90 billion
Condominiums
¥300 billion
¥300 billion
¥16 billion
¥17 billion
Existing
Home Business
¥115 billion
¥111 billion
¥14 billion
¥13 billion
Commercial Facilities
¥620 billion
¥613 billion
¥110 billion
¥96 billion
Logistics, Business and Corporate
Facilities
¥960 billion
¥918 billion
¥90 billion
¥81 billion
Cautionary note:
The business forecasts and future forecasts contained herein are our assumptions in light of the information available as of the date these forecasts were announced and include potential risks and uncertainties. As a result, the Group's actual results may differ significantly from the forecasts presented herein due to numerous factors.
Daiwa House Industry Co. Ltd. published this content on 11 May 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 May 2017 06:16:23 UTC.
Original documenthttp://www.daiwahouse.com/English/ir/ir_news/pdf/dh_irnewsE170511-2.pdf
Public permalinkhttp://www.publicnow.com/view/02B57EBF96FAAE2276898AAFDC76DA92675D20FC
Daiwa House Industry Company is a building and civil engineering works group organized around 5 areas of activity:
- construction and sale of business real estate assets (42.4% of net sales): offices, industrial sites, distribution centers, etc.;
- rental housing (25.4%);
- construction and sale of residential real estate assets (20.2%);
- renovation services (3.4%);
- other (8.6%): primarily production of building materials and logistic services.
DAIWA HOUSE INDUSTRY CO., LTD. 
