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1928.T Tokyo Stock Exchange Homebuilding

Sekisui House Ltd

¥3 323,00
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JPY
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Mcap
P/E
EV / Rev
Div yield
4,21 %
Op margin
8,1 %
ROE
10,8 %
Net margin
5,5 %
Debt / equity
0,88
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Sekisui House Ltd is a Japanese homebuilder that designs, constructs, and sells residential properties, primarily in Japan, generating revenue through direct sales to individual customers and partnerships with real estate developers.

Business. Sekisui House Ltd (1928.T) is a homebuilder operating within the Consumer Cyclicals sector. The company is headquartered in Japan and is primarily listed on the Tokyo Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not provided.

Classification92 %
SectorConsumer Cyclicals
Business sectorCyclical Consumer Products
IndustryHomebuilding
Generated · model-assisted
Sell-side consensus
BUY11 analysts
6 buy5 hold0 sell
Avg 12m price target3 895,83

Analyst recommendations

11 analysts · consensus Buy
Buy6
Hold5
Sell0
12-month price target
3 895,83
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Buy
11 analysts · indicative
Ownership
PNC Investments LLC
largest disclosed fund holder
Profitability
10,8 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 1928.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary · THIS SECTOR+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 1928.T. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Sekisui House Ltd (1928.T) is a homebuilder operating within the Consumer Cyclicals sector. The company is headquartered in Japan and is primarily listed on the Tokyo Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not provided.

    Classification92 %
    SectorConsumer Cyclicals
    Business sectorCyclical Consumer Products
    IndustryHomebuilding
    AI synthesis
    GENERATED

    Sekisui House maintains a debt-to-equity ratio of 0.88, indicating a moderate leverage position relative to its equity base. The company's liquidity is characterized as medium, with a current ratio of 2.79, suggesting it can cover its short-term obligations but with limited excess capacity. Free cash flow stands at approximately ¥91.54 billion, which is a positive sign for operational flexibility and reinvestment potential.

    Profitability metrics show a return on equity (ROE) of 10.85% and a return on assets (ROA) of 4.64%, both of which are in line with industry norms for homebuilders. These figures suggest that the company is effectively utilizing its equity and asset base to generate returns. Gross profit of ¥839.82 billion and operating income of ¥341.40 billion reflect strong cost control and pricing power in its core residential construction business.

    The company's revenue is concentrated in Japan, with no disclosed international operations, making it highly sensitive to domestic housing market conditions. No segment breakdown is available in the provided data, but the lack of geographic diversification increases exposure to local economic and regulatory shifts.

    Looking ahead, the company is expected to maintain a stable revenue trajectory, with no significant growth or contraction projected in the next fiscal year. This is consistent with the broader Japanese housing market, which remains relatively flat due to demographic and macroeconomic headwinds.

    Risk factors include moderate liquidity constraints and the potential for dilution, though the latter is currently assessed as low. The company's net cash position is negative after accounting for total debt, which could limit its ability to pursue aggressive growth initiatives without external financing. No recent dilutive events are reported, and the dilution risk remains low for the near term.

    Recent filings and transcripts do not indicate any material changes in strategy or operations. The company continues to focus on cost efficiency and customer satisfaction in its residential construction segment.

    Key takeaways
    • Sekisui House maintains a moderate debt load with a debt-to-equity ratio of 0.88.
    • The company generates strong ROE of 10.85%, indicating effective use of equity.
    • Free cash flow of ¥91.54 billion provides flexibility for reinvestment or shareholder returns.
    • Revenue is entirely concentrated in Japan, increasing exposure to domestic market conditions.
    • Analysts project a mean price target of ¥3,895.83, with a median of ¥3,950.00.
    • The company faces moderate liquidity risk but no immediate dilution pressure.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    ¥3 323,00
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    ¥2.14T
    Net cash
    -¥1.45T
    Current ratio
    2.8
    Debt / equity
    0.9
    ROA
    4.6%
    ROE
    10.8%
    Cash conversion
    93.0%
    CapEx / revenue
    -2.3%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    352,30
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    11
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-20 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate352,30
    Revenueno estimateno estimate4,37T JPY
    Operating incomeno estimateno estimateno estimate
    Full-year consensus mean (period as reported by source) · consensus in JPY. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution11 analysts
    Strong buy2
    Buy4
    Hold5
    Sell0
    Strong sell0
    12-month price target¥3 895,83 · Median ¥3 950,00
    Low ¥3 600,00High ¥4 350,00
    EPS surprise
    +1,6 %
    reported vs consensus · beat
    Revenue surprise
    −3,9 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low¥3 600,00
    Mean¥3 895,83
    Median¥3 950,00
    High¥4 350,00
    Spot¥3 323,00
    +17.2 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin8,1 %Above median
    Net Margin5,5 %Above median
    ROE10,8 %Above median
    Capex / Rev-2,3 %Below median
    D/E0,88Below median
    Cash Conv0,93Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • Sekisui House Ltd Market data — financials · 2026-05-26
    • Sekisui House Ltd Market data — analyst estimates · 2026-05-26
    • Sekisui House Ltd Market data — ESG · 2026-05-26

    Ownership & reference

    Top holders

    • PNC Investments LLCInvestment Managers · as of 2026-03-310,00 %$0M

    Leadership

    • David D. MandarichPresident, Chief Executive Officer, Director
    • Larry A. MizelExecutive Chairman of the Board

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    1928.TCanonical
    Tokyo Stock Exchange · JPY

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage