Daiwa House completes share disposal to employee stock ownership plans

Daiwa House Industry Co., Ltd. today announced the completion of its self-share disposal to the Daiwa House Industry Employee Stock Ownership Plan and the Daiwa House Group Employee Stock Ownership Plan. The disposal, approved by the board of directors on May 13, 2025, involved the transfer of company shares, with payment procedures now finalized.

The number of shares disposed and the total disposal amount were revised from initially planned figures due to some lapsed rights. Daiwa House disposed of 608,720 shares of common stock, down from the original 1,036,000 shares. The disposal price remained ¥5,230 per share. Consequently, the total disposal amount decreased to ¥3,183,605,600 from the initial ¥5,418,280,000. The shares were allotted to the Daiwa House Industry Employee Stock Ownership Plan (314,980 shares) and the Daiwa House Group Employee Stock Ownership Plan (293,740 shares), both reduced from their initial allocations.

The change in the number of shares and total disposal amount is attributed to the conclusion of the employee promotion for joining the stock ownership plans, which led to a finalized number of plan members. Daiwa House Industry anticipates that this third-party allotment will have a minor impact on its financial results for the fiscal year ending March 2026. The company committed to promptly disclose any further significant events or necessary revisions to its earnings forecasts.