Declared Dividend • May 21
Final dividend of JP¥72.00 announced Shareholders will receive a dividend of JP¥72.00. Ex-date: 30th July 2026 Payment date: 30th September 2026 Dividend yield will be 406%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (78% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 06
Sekisui House, Ltd. to Report Q1, 2027 Results on Jun 04, 2026 Sekisui House, Ltd. announced that they will report Q1, 2027 results on Jun 04, 2026 Announcement • Mar 05
Sekisui House, Ltd., Annual General Meeting, Apr 23, 2026 Sekisui House, Ltd., Annual General Meeting, Apr 23, 2026. Announcement • Oct 23
Sekisui House, Ltd. to Report Q3, 2026 Results on Dec 04, 2025 Sekisui House, Ltd. announced that they will report Q3, 2026 results on Dec 04, 2025 Announcement • Jul 25
Sekisui House, Ltd. to Report Q2, 2026 Results on Sep 04, 2025 Sekisui House, Ltd. announced that they will report Q2, 2026 results on Sep 04, 2025 Announcement • Apr 24
Sekisui House, Ltd. to Report Q1, 2026 Results on Jun 05, 2025 Sekisui House, Ltd. announced that they will report Q1, 2026 results on Jun 05, 2025 Announcement • Mar 06
Sekisui House, Ltd., Annual General Meeting, Apr 23, 2025 Sekisui House, Ltd., Annual General Meeting, Apr 23, 2025. Announcement • Jan 24
Sekisui House, Ltd. to Report Fiscal Year 2025 Results on Mar 06, 2025 Sekisui House, Ltd. announced that they will report fiscal year 2025 results on Mar 06, 2025 Announcement • Oct 26
Sekisui House, Ltd. to Report Q3, 2025 Results on Dec 05, 2024 Sekisui House, Ltd. announced that they will report Q3, 2025 results on Dec 05, 2024 Declared Dividend • Sep 08
First half dividend of JP¥65.00 announced Shareholders will receive a dividend of JP¥65.00. Ex-date: 30th January 2025 Payment date: 28th April 2025 Dividend yield will be 270%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (18% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Sep 06
Second quarter 2025 earnings released: EPS: JP¥112 (vs JP¥77.04 in 2Q 2024) Second quarter 2025 results: EPS: JP¥112 (up from JP¥77.04 in 2Q 2024). Revenue: JP¥1.08t (up 44% from 2Q 2024). Net income: JP¥72.6b (up 44% from 2Q 2024). Profit margin: 6.7% (in line with 2Q 2024). Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 11% per year. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €18.80, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Consumer Durables industry in Europe. Total returns to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €12.45 per share. Announcement • Jul 25
Sekisui House, Ltd. to Report Q2, 2025 Results on Sep 05, 2024 Sekisui House, Ltd. announced that they will report Q2, 2025 results on Sep 05, 2024 Upcoming Dividend • Jul 23
Upcoming dividend of JP¥64.00 per share Eligible shareholders must have bought the stock before 30 July 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.0%). Reported Earnings • Jun 09
First quarter 2025 earnings released: EPS: JP¥77.83 (vs JP¥63.33 in 1Q 2024) First quarter 2025 results: EPS: JP¥77.83 (up from JP¥63.33 in 1Q 2024). Revenue: JP¥777.1b (up 9.7% from 1Q 2024). Net income: JP¥50.4b (up 20% from 1Q 2024). Profit margin: 6.5% (up from 5.9% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year. Declared Dividend • May 26
Final dividend of JP¥62.00 announced Shareholders will receive a dividend of JP¥62.00. Ex-date: 30th July 2024 Payment date: 30th September 2024 Dividend yield will be 297%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 02
Maruenu Co.,Ltd. signed a stock transfer agreement to acquire 24.43% stake in Japan Power Fastening Co.,Ltd. (TSE:5950) from Sekisui House, Ltd. (TSE:1928) for approximately ¥440 million. Maruenu Co.,Ltd. signed a stock transfer agreement to acquire 24.43% stake in Japan Power Fastening Co.,Ltd. (TSE:5950) from Sekisui House, Ltd. (TSE:1928) for approximately ¥440 million on May 1, 2024. Under the terms, Maruenu will pay ¥442,000,800 to acquire 3,877,200 shares in Japan Power Fastening. The transaction is expected to close on May 9, 2024. Announcement • Apr 27
Sekisui House, Ltd. to Report Q1, 2025 Results on Jun 06, 2024 Sekisui House, Ltd. announced that they will report Q1, 2025 results on Jun 06, 2024 Announcement • Mar 09
Sekisui House, Ltd., Annual General Meeting, Apr 25, 2024 Sekisui House, Ltd., Annual General Meeting, Apr 25, 2024. Reported Earnings • Mar 08
Full year 2024 earnings released: EPS: JP¥309 (vs JP¥277 in FY 2023) Full year 2024 results: EPS: JP¥309 (up from JP¥277 in FY 2023). Revenue: JP¥3.11t (up 6.1% from FY 2023). Net income: JP¥202.3b (up 9.6% from FY 2023). Profit margin: 6.5% (up from 6.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Jan 26
Sekisui House, Ltd. to Report Fiscal Year 2024 Results on Mar 07, 2024 Sekisui House, Ltd. announced that they will report fiscal year 2024 results on Mar 07, 2024 Upcoming Dividend • Jan 23
Upcoming dividend of JP¥59.00 per share at 3.4% yield Eligible shareholders must have bought the stock before 30 January 2024. Payment date: 26 April 2024. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.5%). Reported Earnings • Dec 08
Third quarter 2024 earnings released: EPS: JP¥76.04 (vs JP¥68.93 in 3Q 2023) Third quarter 2024 results: EPS: JP¥76.04 (up from JP¥68.93 in 3Q 2023). Revenue: JP¥727.1b (up 2.9% from 3Q 2023). Net income: JP¥49.4b (up 8.0% from 3Q 2023). Profit margin: 6.8% (up from 6.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Oct 27
Sekisui House, Ltd. to Report Q3, 2024 Results on Dec 07, 2023 Sekisui House, Ltd. announced that they will report Q3, 2024 results on Dec 07, 2023 Reported Earnings • Sep 08
Second quarter 2024 earnings released: EPS: JP¥77.04 (vs JP¥69.62 in 2Q 2023) Second quarter 2024 results: EPS: JP¥77.04 (up from JP¥69.62 in 2Q 2023). Revenue: JP¥754.2b (up 11% from 2Q 2023). Net income: JP¥50.6b (up 8.5% from 2Q 2023). Profit margin: 6.7% (down from 6.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Jul 26
Sekisui House, Ltd. to Report Q2, 2024 Results on Sep 07, 2023 Sekisui House, Ltd. announced that they will report Q2, 2024 results on Sep 07, 2023 Upcoming Dividend • Jul 21
Upcoming dividend of JP¥59.00 per share at 4.0% yield Eligible shareholders must have bought the stock before 28 July 2023. Payment date: 02 October 2023. Payout ratio is a comfortable 43% but the company is paying out more than the cash it is generating. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.9%). Reported Earnings • Jun 09
First quarter 2024 earnings released: EPS: JP¥63.33 (vs JP¥85.40 in 1Q 2023) First quarter 2024 results: EPS: JP¥63.33 (down from JP¥85.40 in 1Q 2023). Revenue: JP¥708.3b (down 4.8% from 1Q 2023). Net income: JP¥41.9b (down 27% from 1Q 2023). Profit margin: 5.9% (down from 7.7% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 10
Full year 2023 earnings released: EPS: JP¥277 (vs JP¥227 in FY 2022) Full year 2023 results: EPS: JP¥277 (up from JP¥227 in FY 2022). Revenue: JP¥2.93t (up 13% from FY 2022). Net income: JP¥184.5b (up 20% from FY 2022). Profit margin: 6.3% (up from 5.9% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 10% per year. Announcement • Jan 27
Sekisui House, Ltd. to Report Fiscal Year 2023 Results on Mar 09, 2023 Sekisui House, Ltd. announced that they will report fiscal year 2023 results on Mar 09, 2023 Upcoming Dividend • Jan 23
Upcoming dividend of JP¥52.00 per share Eligible shareholders must have bought the stock before 30 January 2023. Payment date: 27 April 2023. Payout ratio is a comfortable 35% but the company is paying out more than the cash it is generating. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (4.2%). Reported Earnings • Dec 10
Third quarter 2023 earnings released: EPS: JP¥68.93 (vs JP¥64.20 in 3Q 2022) Third quarter 2023 results: EPS: JP¥68.93 (up from JP¥64.20 in 3Q 2022). Revenue: JP¥706.4b (up 14% from 3Q 2022). Net income: JP¥45.7b (up 5.5% from 3Q 2022). Profit margin: 6.5% (down from 7.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Outside Director Shinichi Abe was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 11
Second quarter 2023 earnings released: EPS: JP¥69.62 (vs JP¥53.70 in 2Q 2022) Second quarter 2023 results: EPS: JP¥69.62 (up from JP¥53.70 in 2Q 2022). Revenue: JP¥680.0b (up 11% from 2Q 2022). Net income: JP¥46.6b (up 28% from 2Q 2022). Profit margin: 6.9% (up from 5.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 21
Upcoming dividend of JP¥47.00 per share Eligible shareholders must have bought the stock before 28 July 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 35% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.5%). In line with average of industry peers (3.7%). Reported Earnings • Jun 11
First quarter 2023 earnings released: EPS: JP¥85.40 (vs JP¥53.20 in 1Q 2022) First quarter 2023 results: EPS: JP¥85.40 (up from JP¥53.20 in 1Q 2022). Revenue: JP¥743.7b (up 22% from 1Q 2022). Net income: JP¥57.5b (up 59% from 1Q 2022). Profit margin: 7.7% (up from 5.9% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 2.5%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year and the company’s share price has also increased by 4% per year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Outside Director Satoshi Tanaka was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 12
Full year 2022 earnings: Revenues and EPS in line with analyst expectations Full year 2022 results: EPS: JP¥227 (up from JP¥181 in FY 2021). Revenue: JP¥2.59t (up 5.8% from FY 2021). Net income: JP¥153.9b (up 25% from FY 2021). Profit margin: 5.9% (up from 5.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 3.5%, compared to a 8.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 7% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jan 21
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 28 January 2022. Payment date: 28 April 2022. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (2.0%). Reported Earnings • Dec 17
Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint Third quarter 2022 results: EPS: JP¥64.20 (up from JP¥43.31 in 3Q 2021). Revenue: JP¥621.2b (up 3.4% from 3Q 2021). Net income: JP¥43.3b (up 47% from 3Q 2021). Profit margin: 7.0% (up from 4.9% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.3%. Over the next year, revenue is forecast to grow 4.4%, compared to a 4.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Reported Earnings • Sep 11
Second quarter 2022 earnings released: EPS JP¥53.70 (vs JP¥42.25 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥615.0b (up 7.9% from 2Q 2021). Net income: JP¥36.4b (up 26% from 2Q 2021). Profit margin: 5.9% (up from 5.1% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Upcoming Dividend • Jul 22
Upcoming dividend of JP¥43.00 per share Eligible shareholders must have bought the stock before 29 July 2021. Payment date: 30 September 2021. Trailing yield: 3.8%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.2%). Reported Earnings • Jun 15
First quarter 2022 earnings released: EPS JP¥53.20 (vs JP¥44.85 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥608.6b (up 1.8% from 1Q 2021). Net income: JP¥36.2b (up 18% from 1Q 2021). Profit margin: 5.9% (up from 5.1% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year. Reported Earnings • May 04
Full year 2021 earnings released: EPS JP¥181 (vs JP¥206 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥2.45t (up 1.3% from FY 2020). Net income: JP¥123.5b (down 13% from FY 2020). Profit margin: 5.0% (down from 5.8% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year. Announcement • Mar 06
Sekisui House, Ltd., Annual General Meeting, Apr 27, 2021 Sekisui House, Ltd., Annual General Meeting, Apr 27, 2021. Reported Earnings • Mar 05
Full year 2021 earnings released: EPS JP¥181 (vs JP¥206 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥2.45t (up 1.3% from FY 2020). Net income: JP¥123.5b (down 13% from FY 2020). Profit margin: 5.0% (down from 5.8% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 4% per year. Analyst Estimate Surprise Post Earnings • Mar 05
Revenue beats expectations Revenue exceeded analyst estimates by 0.8%. Over the next year, revenue is forecast to grow 4.2%, compared to a 8.5% growth forecast for the Consumer Durables industry in Germany. Is New 90 Day High Low • Feb 27
New 90-day low: €15.10 The company is down 2.0% from its price of €15.40 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.46 per share. Announcement • Jan 27
Sekisui House, Ltd. to Report Fiscal Year 2021 Results on Mar 04, 2021 Sekisui House, Ltd. announced that they will report fiscal year 2021 results on Mar 04, 2021 Is New 90 Day High Low • Jan 13
New 90-day high: €17.10 The company is up 22% from its price of €14.00 on 14 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €18.63 per share. Is New 90 Day High Low • Dec 29
New 90-day high: €16.60 The company is up 11% from its price of €15.00 on 30 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €18.12 per share. Reported Earnings • Dec 17
Third quarter 2021 earnings released: EPS JP¥43.31 The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2021 results: Revenue: JP¥600.9b (up 14% from 3Q 2020). Net income: JP¥29.5b (down 26% from 3Q 2020). Profit margin: 4.9% (down from 7.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year and the company’s share price has also increased by 2% per year. Analyst Estimate Surprise Post Earnings • Dec 17
Revenue misses expectations Revenue missed analyst estimates by 3.6%. Over the next year, revenue is forecast to grow 2.5%, compared to a 6.3% growth forecast for the Consumer Durables industry in Germany. Reported Earnings • Dec 09
Third quarter 2021 earnings released: EPS JP¥43.31 The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2021 results: Revenue: JP¥600.9b (up 14% from 3Q 2020). Net income: JP¥29.5b (down 26% from 3Q 2020). Profit margin: 4.9% (down from 7.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year. Analyst Estimate Surprise Post Earnings • Dec 09
Revenue misses expectations Revenue missed analyst estimates by 3.6%. Over the next year, revenue is forecast to grow 2.3%, compared to a 3.9% growth forecast for the Consumer Durables industry in Germany. Is New 90 Day High Low • Dec 09
New 90-day high: €16.50 The company is up 1.0% from its price of €16.40 on 10 September 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.35 per share. Is New 90 Day High Low • Sep 30
New 90-day low: €15.00 The company is down 9.0% from its price of €16.50 on 02 July 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.96 per share. Announcement • Jul 26
Sekisui House, Ltd. to Report Q2, 2021 Results on Sep 10, 2020 Sekisui House, Ltd. announced that they will report Q2, 2021 results on Sep 10, 2020 
