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Daiwa House Industry's Attributable Net Income Climbs 9.1% in Fiscal Q1

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Daiwa House Industry (TYO:1925) recorded a 9.1% rise in attributable net income in the first fiscal quarter to 83.2 billion yen from 76.2 billion yen a year prior.

Basic EPS were 134.33 yen, up from 123.25 yen in the year-ago period, according to a Thursday Tokyo bourse filing.

The construction company's net sales increased 9% to 1.408 trillion yen from 1.292 trillion yen previously.

The company forecasts an attributable net income of 266 billion yen, basic EPS of 214.74 yen, net sales of 5.9 trillion yen, and an interim and year-end dividend of 86 yen and 46 yen per share, respectively, for the fiscal year ending March 31, 2027.

The company revised the forecast in an upward manner amid solid performance in the first fiscal quarter and recent business progress, according to a separate filing.

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