Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N
1925.T - Daiwa House Industry Co Ltd
Daiwa House Industry Co Ltd Management Policies Presentation
Nov 11, 2019 / 05:30AM GMT
=====================
Presentation
--------------------------------------------------------------------------------
Unidentified Company Representative, [1]
--------------------------------------------------------------------------------
I will explain the status of progress for the 6th Medium-Term Management Plan announced in May 2019. First, I would like to review our financial results for the second quarter of fiscal year 2019, previously announced.
Net sales were JPY 2.1793 trillion, an increase of 9.9% a year; operating income was JPY 209.3 billion, up by 10.4%; ordinary income was JPY 207.9 billion, up by 8.4%; and net income was JPY 147.3 billion, up by 12.1%, all items marked record numbers.
By segment, the Single-Family Houses business resulted in increased net sales but decreased operating income and the Rental Housing business resulted in decreased net sales and operating income, due to a