Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. Daiwa House Industry Co.,Ltd.
  6. News
  7. Summary
    1925   JP3505000004

DAIWA HOUSE INDUSTRY CO.,LTD.

(1925)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Daiwa House Industry : Feb. 09, 2021 Notice Concerning Outline of the Results of the Evaluation of the Effectiveness of Board of Directors

02/09/2021 | 12:47am EDT

News Release (Translation)

February 9, 2021

Company:

Daiwa House Industry Co., Ltd.

(Code number: 1925,

First Section of the Tokyo Stock Exchange)

Representative:

Keiichi Yoshii, President and CEO

Contact:

Yuji Yamada, Managing Executive Officer and

General Manager, IR Department

E-mail to: dh.ir.communications@daiwahouse.jp

Notice Concerning Outline of the Results

of the Evaluation of the Effectiveness of Board of Directors

Daiwa House Industry Co., Ltd. (hereinafter, the "Company") has carried out an evaluation of the effectiveness of the board of directors for 2020 (the period from January to December 2020). Herein we wish to present an outline of the results of this evaluation.

  1. Evaluation of the Effectiveness of Board of Directors
    The Company has been carrying out an evaluation of the effectiveness of the board of directors every year since 2015, based on its "Corporate Governance Guidelines" formulated to obtain sustainable growth and better corporate value over the medium to long term.
    For the evaluation of the effectiveness of the board of directors in 2020, same as last year, we obtained the cooperation of an outside organization for the evaluation process, after which the board carried out a self-review.
  2. Outline of the Results
    The Company analyzes and evaluates the board of directors as a whole by means of questionnaire- based self-evaluations by each director as well as evaluations by the audit & supervisory board and the board of directors itself.
    In 2020, as previously, the Company prepared a questionnaire with the cooperation of an outside organization. Answers were given directly to the said organization, maintaining anonymity. Based on a report on the summarized results from the outside organization, the composition of the board of directors, decision-making process, management of corporate performance, level of support provided to outside directors, and performance of duties by directors were verified. The evaluation showed that the effectiveness of the board of directors is fully satisfactory.
    Meanwhile, information was shared on challenges facing the Company, such as enhancement of corporate governance of the Group including its subsidiaries.
    The Company also affirmed the necessity for more active discussions on managerial issues to be addressed on a mid- to long-term basis.

The Company will to strive to increase the effectiveness of the board of directors and to enhance its management system in order to obtain sustainable growth and better corporate value over the medium to long term.

3. Self-review on Corporate Governance Guidelines by Board of Directors

In parallel to the board of directors' evaluation, the Company carries out a self-review each year on the operation status of the items defined in the Corporate Governance Guidelines which was formulated and disclosed on May 27, 2015. This functions as an overhaul of the management system.

In light of the self-review this time, the board of directors resolved to partially revise the text of its guidelines to further enhance diversity and the training of management personnel, from the perspective of achieving the Company's sustainable growth and better corporate value over the medium to long term.

Note: Our Corporate Governance Guidelines are available on our website at

https://www.daiwahouse.com/English/ir/governance/index.html

End

Disclaimer:

This English translation has been prepared for general reference purposes only. The Company shall not be responsible for any consequence resulting from the use of the English translation in place of the original Japanese text. In any legal matter, readers should refer to and rely upon the original Japanese text of the press release dated February 9, 2021.

2

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Daiwa House Industry Co. Ltd. published this content on 09 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 February 2021 05:46:07 UTC.


ę Publicnow 2021
All news about DAIWA HOUSE INDUSTRY CO.,LTD.
06/21Japan shares rally after Wall Street rebound; shippers hit 10-year highs
RE
05/14Daiwa House Industry Co.,Ltd. Announces Dividend for the Year Ending March 31..
CI
04/19Hacobu Co., Ltd. announced that it has received ą940 million in funding from ..
CI
04/15Japan's Topix slips as worries about corporate outlook weigh on chip stock ga..
RE
03/30DAIWA HOUSE INDUSTRY CO.,LTD. : Ex-dividend day for final dividend
FA
03/26Daiwa House REIT Investment Corporation agreed to acquire Trust Beneficiary I..
CI
03/02PROXI : Proximar Seafood signs contract with Daiwa House Industry to start const..
AQ
02/09DAIWA HOUSE INDUSTRY : Feb. 09, 2021 Notice Concerning Outline of the Results of..
PU
02/07Daiwa House REIT Investment Corporation cancelled the acquisition of 50% stak..
CI
01/24DAIWA HOUSE INDUSTRY : sets up property development arm in China's Jiangsu
AQ
More news
Financials
Sales 2022 4 396 B 40 008 M 40 008 M
Net income 2022 233 B 2 122 M 2 122 M
Net Debt 2022 972 B 8 849 M 8 849 M
P/E ratio 2022 9,63x
Yield 2022 3,70%
Capitalization 2 240 B 20 425 M 20 384 M
EV / Sales 2022 0,73x
EV / Sales 2023 0,73x
Nbr of Employees 48 807
Free-Float 90,9%
Chart DAIWA HOUSE INDUSTRY CO.,LTD.
Duration : Period :
Daiwa House Industry Co.,Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DAIWA HOUSE INDUSTRY CO.,LTD.
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 11
Last Close Price 3 419,00 JPY
Average target price 3 845,45 JPY
Spread / Average Target 12,5%
EPS Revisions
Managers and Directors
Keiichi Yoshii President, CEO & Representative Director
Takeshi Kousokabe CFO, Representative Director & GM-Administration
Takeo Higuchi Chairman
Kazuto Tsuchida Director & General Manager-Technology
Yoshiyuki Murata Director, VP & Senior GM-Technology
Sector and Competitors