Iida Group Holdings raises full-year profit forecast on strong Q2 performance

Iida Group Holdings announced on November 11, 2025, a substantial positive variance in its consolidated earnings for the second quarter (April 1 to September 30, 2025) of the fiscal year ending March 2026, leading to an upward revision of its full-year forecast. While revenue for the interim period was slightly below the previous forecast at 685,027 million yen, operating profit, profit before tax, and profit attributable to owners of parent significantly exceeded expectations. This positive deviation was primarily driven by an improved supply-demand balance in the detached housing market and a strategic focus on maximizing profit.

Consequently, the company has revised its full-year consolidated earnings forecast for the fiscal year ending March 31, 2026. The revised forecast projects revenue of 1,530,000 million yen, operating profit of 93,000 million yen, profit before tax of 85,500 million yen, and profit attributable to owners of parent of 58,000 million yen. Basic earnings per share are now expected to be 209.89 yen, up from 182.24 yen. This revision anticipates continued favorable business conditions in the detached housing market.

Cash flows from operating activities for the six months ended September 30, 2025, resulted in a net cash outflow of 92,346 million yen, primarily due to increased inventories and income taxes paid. Cash flows from investing activities also saw a net outflow of 23,283 million yen, largely due to payments into time deposits and property acquisitions. However, financing activities provided 7,762 million yen, mainly from increased borrowings, which was partially offset by cash dividends paid.