Daiwa House Raises Profit Guidance 17% and Lifts Dividend Ahead of Share Split
Japan's biggest homebuilder now expects ¥266bn in net profit for the year to March 2027, a 17% upgrade from its May forecast, and will raise its dividend to a pre-split ¥178 a share before an October 2-for-1 split, even as last year's one-off pension gain makes the bottom line look smaller on paper.