Who are Daiwa House Industry's main competitors?

Named competitors: Sekisui House (1928.T), Sumitomo Forestry (1911.T), Misawa Homes (private or unlisted), Daito Trust Construction (1878.T), Mitsui Fudosan (8801.T), Open House Group (3288.T). The cockpit's measured peer set (sector in the same market, nearest in size) also includes Sumitomo Realty & Development C (8830.T), Mitsui Fudosan (8801.T), Mitsubishi Estate (8802.T), Hulic (3003.T), Daito Trust Construction (1878.T), Nippon Building Fund (8951.T).

Is Daiwa House Industry expensive compared with its peers?

On forward p/e it trades at 10.3× against a peer median of 13.9×, 4th cheapest of 11 in its peer set.

How has Daiwa House Industry stock performed?

Over six months to 6 Nov 2026 the shares returned -12.5% against -7.8% for the median peer; over one year -15.1%.

← CockpitCompetitor Analysis › 1925.T Daiwa House Industry CoOpen in the cockpit ↗

Daiwa House Industry Co1925.TCompetitor analysis, valuation and peers

Japan · JPY·Real Estate›Homebuilding

Japan's largest homebuilder, making prefabricated houses plus commercial buildings, logistics facilities and hotels.

≈ A homebuilder-meets-industrial-developer, like a bigger PulteGroup with a logistics armMomentum neutral 49

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$19.0B

US dollars, full cap

Free float

80%

of shares outstanding

$/day

$55.4M

20-day average traded

Fwd P/E

10.3×

forward earnings

ROIC−WACC

n/a

WACC 5.0%

Hurdle

n/a

no reverse DCF

Next earnings

5 days

11 Nov 2026

Close · JPY¥4,521

1Dn/a

1W-0.8%

1M-3.8%

3M+5.3%

6M-12.5%

YTD-11.3%

1Y-15.1%

ATR %1.6%

52w lowhigh20.5% off high

What Daiwa House Industry does

Japan's largest homebuilder, making prefabricated houses plus commercial buildings, logistics facilities and hotels.

Builds rental apartments and commercial buildings for landowners and investors, then often manages them for a fee, which gives steady income beside cyclical home sales. Overseas it owns US homebuilders, including Stanley Martin, bought in 2017.

In one line: A homebuilder-meets-industrial-developer, like a bigger PulteGroup with a logistics arm.

Products and services

Prefabricated single-family homes
Rental housing/apartments
Commercial facilities (logistics, hotels)
Urban redevelopment

Customers

Japanese homebuyers
Landlords/rental property investors
Corporate real estate tenants

Where it sits in the supply chain

Real estate
Homebuilding
Prefab housing + commercial/logistics…

What could go right

Logistics/data center real estate development
Rental housing demand (urbanization)

What could go wrong

Japan population/household decline
Construction cost inflation

Moat: narrow (scale, brand, distribution). Largest homebuilder scale and brand in Japan, but housing demand faces demographic headwinds.

Headquarters: Osaka, Japan · Founded: 1955 · Employees: 55,712

Named competitors

Sekisui House 1928.T
Sumitomo Forestry 1911.T
Misawa Homes private or unlisted
Daito Trust Construction 1878.T
Mitsui Fudosan 8801.T
Open House Group 3288.T
Tama Home 1419.T

Daiwa House Industry at a glance

Size Daiwa House Industry (1925.T) is a Japan Real Estate company (Homebuilding) with a market value of $19.0B, the 84th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥4,521 on 6 Nov 2026.

Performance Over six months the shares fell 12.5%, against -7.8% for the median peer and +1.8% for the Japan market (cap-weighted) — 2nd lowest of 11 in its peer set.

Growth Revenue grew 4.7% over the last twelve months (peer median +5.8%); the operating margin is 11.0% (peer median 21.7%).

Valuation It trades at 10.3× forward earnings against a peer median of 13.9× (4th cheapest of 11).

Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Daiwa House Industry against the median of its 10 peers (local-currency closes).

Daiwa House Industry financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	¥5.69T	¥5.58T	¥5.43T	¥5.20T	¥4.91T
Revenue growth	—	+3%	+4%	+6%	—
Gross profit	¥1.27T	¥1.22T	¥1.08T	¥976B	¥938B
EBITDA	¥776B	¥765B	¥687B	¥567B	¥584B
Net income	¥358B	¥351B	¥325B	¥299B	¥308B
Free cash flow	n/a	-¥305B	¥38.8B	-¥53.8B	-¥256B
Capital expenditure	n/a	¥494B	¥382B	¥356B	¥487B
Total debt	¥3.46T	¥3.24T	¥2.46T	¥2.22T	¥1.97T

Quarterly statements and history in the cockpit →

Daiwa House Industry competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Daiwa House Industry is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Daiwa House Industry is the large dot.

Daiwa House Industry competitors and peer comparison

Head to head with its named competitors (1925.T vs 1928.T vs 1911.T vs 1878.T)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
Daiwa House Industry 1925.T	$19.0B	-13%	+5%	11%	10.3×	n/a
Sekisui House 1928.T	$14.1B	+2%	-2%	9%	10.0×	-5.1%
Sumitomo Forestry 1911.T	$4.87B	-10%	+14%	6%	12.5×	2.8%
Daito Trust Construction 1878.T	$7.10B	-7%	+6%	7%	9.7×	n/a
Mitsui Fudosan 8801.T	$27.4B	-5%	-10%	14%	14.9×	n/a
Open House 3288.T	$5.66B	-15%	+6%	12%	7.3×	-8.1%
Tama Home 1419.T	$486M	-26%	+2%	2%	20.5×	n/a

How Daiwa House Industry compares with its peers

Peer set: Sector in the same market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Daiwa House Industry against its 10 peers (data as of 6 Nov 2026)
Measure	1925.T	Peer median	Rank in peer set
1-month return	-3.8%	+5.0%	lowest of 11
6-month return	-12.5%	-7.8%	2nd lowest of 11
Distance from 52-week high	-20.5%	-20.8%	5th highest of 11
Revenue growth (TTM)	+4.7%	+5.8%	5th lowest of 11
Operating margin	11.0%	21.7%	2nd lowest of 11
Forward P/E	10.3×	13.9×	4th cheapest of 11

Peer table

Peer set: Sector in the same market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Daiwa House Industry 1925.T	Japan	$19.0B	-13%	+5%	11%	10.3×	n/a	n/a
Sumitomo Realty & Development C 8830.T	Japan	$18.8B	-34%	+5%	29%	12.8×	n/a	n/a
Mitsui Fudosan 8801.T	Japan	$27.4B	-5%	-10%	14%	14.9×	n/a	n/a
Mitsubishi Estate 8802.T	Japan	$29.5B	-12%	+17%	21%	19.2×	n/a	n/a
Hulic 3003.T	Japan	$9.16B	+7%	+25%	23%	11.5×	n/a	n/a
Daito Trust Construction 1878.T	Japan	$7.10B	-7%	+6%	7%	9.7×	n/a	n/a
Nippon Building Fund 8951.T	Japan	$6.75B	-8%	-21%	45%	23.8×	n/a	n/a
Tokyu Fudosan Holdings Corporat 3289.T	Japan	$5.69B	-7%	+6%	14%	8.6×	n/a	n/a
Nomura Real Estate 3231.T	Japan	$5.17B	-12%	+19%	14%	8.8×	n/a	n/a
Japan Real Estate Investment 8952.T	Japan	$4.98B	-10%	-1%	38%	25.6×	n/a	n/a
Japan Metropolitan Fund Investment 8953.T	Japan	$4.87B	-8%	0%	41%	18.9×	n/a	n/a

Questions

Who are Daiwa House Industry's main competitors?: Named competitors: Sekisui House (1928.T), Sumitomo Forestry (1911.T), Misawa Homes (private or unlisted), Daito Trust Construction (1878.T), Mitsui Fudosan (8801.T), Open House Group (3288.T). The cockpit's measured peer set (sector in the same market, nearest in size) also includes Sumitomo Realty & Development C (8830.T), Mitsui Fudosan (8801.T), Mitsubishi Estate (8802.T), Hulic (3003.T), Daito Trust Construction (1878.T), Nippon Building Fund (8951.T).
Is Daiwa House Industry expensive compared with its peers?: On forward p/e it trades at 10.3× against a peer median of 13.9×, 4th cheapest of 11 in its peer set.
How has Daiwa House Industry stock performed?: Over six months to 6 Nov 2026 the shares returned -12.5% against -7.8% for the median peer; over one year -15.1%.