Daiwa House Publishes Transcript of FY2027 Second-Quarter Earnings Briefing Q&A

By Public Technologies
  • Daiwa House’s November 11, 2026, earnings briefing featured its CFO, strategy chief, finance/IR executive and IR office head.
  • Development property sales are planned at approximately 400 billion yen for the year ending March 2027; roughly 30% targets group REITs and funds.
  • Higher-than-expected property sale prices supported an upgraded business facilities outlook; accelerated asset sales reflect rising interest rates and an expanding balance sheet.
  • Management targets debt-to-equity below 1.0 by March 2027, versus 1.16 at September 2026; next year’s property sales could decline.
  • US rental property sales were deferred until next fiscal year or later; the US single-family housing market shows no recovery signs.


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