The Story of
the Group's Value Creation
Daiwa House Group at a glance | 25 | ||||
1 | |||||
Daiwa House Group's centennial anniversary | |||||
2 | |||||
and the history of our "Dream" of ¥10 trillion | 26 | ||||
Strengths generated from the source | |||||
3 | |||||
of value creation | 28 | Chapter | |||
Business model embodying | 3 | ||||
4 | |||||
the founder's spirit | 29 | ||||
The Daiwa House value creation process | 30 | ||||
5 | |||||
Daiwa House Group Integrated Report 2023 24
Message from the CEO
Long-Term Vision | The Story of the Group's | Message from the CFO |
and the 7th Plan | Value Creation | |
Developing
our Businesses
Environmental Vision
Strengthening
our Bases
Governance
Financial Results,
Corporate Information
Chapter 3 The Story of the Group's Value Creation
1 Daiwa House Group at a glance
The Daiwa House Group operates six core segments and generates stable cash flow while developing its businesses both within Japan and overseas. In our business activities, we aim to balance the dual challenges of becoming carbon neutral and achieving corporate profitability in order to contribute to a sustainable society, and we are also actively working to heighten employee engagement by facilitating employee motivation.
Overseas (Europe) | ||||
Domestic (Japan) | Overseas (US) | |||
Group companies | Overseas (East Asia) | |||
488 | companies | |||
Overseas locations | Overseas (ASEAN, South Asia) | |||
25 | countries | |||
Overseas (Australia)
Greenhouse gas emissions throughout the value chain
Scopes 1 and 2 | Scope 3 (use of sold buildings) | ||
Scope 3 (procurement) | Scope 3 (other) | ||
(million t-CO)
15.98
0.55 23.5%
12.23 | 40% | 70% | ||
9.68 | 0.37 | 9.52 | ||
5.87 | ||||
3.60 | 0.17 | 63% | ||
3.14 | 3.31 | 3.14 | ||
2.61 | 2.67 | 2.61 | ||
2015 | 2022 | 2030 | (FY) | |
(Baseline year) | (Plan) |
Renewable energy adoption (cumulative)
Renewable energy generation equipment construction results (EPC)
Renewable energy power plants | Over |
development and operating results (IPP) | 5,000MW |
2,706 | Over | ||
MW | |||
2,500MW | |||
9 35.2 | 602 | ||
MW | |||
MW MW | |||
2011 | 2022 | 2030 | (FY) |
(Plan) |
Net sales by segment*
Single-Family Houses Rental Housing Condominiums Commercial Facilities Logistics, Business and Corporate Facilities
Environment and Energy Other
1% 18%
3% | 4 908.1 | |||
22% | ¥ | billion | 24% | |
, | ||||
for overseas: ¥ 673.9 billion | ||||
(14%) | ||||
22% | 10% | |||
(FY2022) |
Operating income by segment*
Single-Family Houses Rental Housing Condominiums Commercial Facilities Logistics, Business and Corporate Facilities
Environment and Energy Other
1% | 10 % | |
1% | ||
21% | ¥ 465.3billion | 24% |
for overseas: ¥ 52.9 billion | ||
(11%) | ||
29 % | 9 % | |
(FY2022) |
Flow business and stock business (Breakdown of sales)
Stock business 34%
(Including Rental management 29% and Sale of development properties 5%)
Flow business |
(Construction) |
66% |
(FY2022) |
Society
Employee Motivation Level of
approx. 49,000
Group Employees
82%
- Daiwa House Modular Europe has been changed from the Single-Family Houses segment to the Rental Housing segment from FY2023, and the results for FY2022 have therefore been restated based on the new reporting segment classification. In addition, the totals include adjustments, which are not shown on the graphs, so the sum of the percentages of each segment composition may not equal 100%.
Daiwa House Group Integrated Report 2023 25
Message from the CEO
Long-Term Vision | The Story of the Group's | Message from the CFO |
and the 7th Plan | Value Creation | |
Developing
our Businesses
Environmental Vision
Strengthening
our Bases
Governance
Financial Results,
Corporate Information
2 Daiwa House Group's centennial anniversary and the history of our "Dream"of ¥10 trillion
With"Don't do things because they will make a profit, but because they will be of service to society" as our byword, we have consistently delivered products and services that anticipate the needs of societal change.
Consolidated net sales and domestic housing starts
Consolidated net sales (Figures prior to FY1985 are non-consolidated) | New housing starts (domestic) | Operating income margin | ||
2012 | 2015 | 2018 | |
Sales top | Sales top | Sales top | FY2022 |
¥2 trillion | ¥3 trillion | ¥4 trillion | ¥ 4.9trillion |
1961 | |||
Listed on First Section of Osaka Securities Exchange; | 1,855 thousand units | ||
New housing starts | subsequently also on Tokyo and Nagoya | ||
(domestic): | stock exchanges | ||
1 million units | |||
1955 (FY) | 1960 | 1970 | 1980 | 1990 |
Our |
1995
Sales top ¥1 trillion
2000
2005
"Endless Heart" Group symbol adopted to mark
our 50th anniversary
2010
FY2022
860
thousand units
FY2022
9.5%
2020
founding | Industrialization of construction | Supplier of prefabricated housing | Total lifestyle enterprise |
philosophy |
Group that co-creates value for individuals, communities, and people's lifestyles
2012 Daiwa House REIT
Investment Corporation
listed on market
1955 Pipe House
Mr. Ishibashi conceived the idea of a steel-pipe structure, which contributed to resolving the problem of a lack of lumber during the postwar reconstruction period.
We aim to "develop people through business" as stated in the Company Philosophy (Corporate Creed).
1959 Midget House
The product was developed as a study room that could be erected in only three hours. It also served as a solution to the housing space shortage caused by a rising birthrate.
1962 Introduced a corporate pension system that aims for a "prosperous retirement for employees."
1962 Habikino Neopolis
With the sale of a large-scale housing complex as Japan's first in the private sector, we devised the nation's first residential mortgage loan system in cooperation with a private financial institution.
Development of
steel-pipe structured construction
1965 Published the first edition of The Future of the Daiwa House Group as a textbook that serves as a guidepost for all employees.
1976 Development of
the LOC System
We launched the Commercial Facilities Business to propose effective use of land alongside major roads.
2003 Start-up of D Project
Embarked on development of large- scale logistics facilities, offering a one- stop service encompassing everything from site proposals, through design, construction and management.
Diversification of tenants
Development of large-scale
commercial facilities
1994
Central Research Laboratory
With the central theme of coexisting with the environment, the laboratory is engaged in research to make a better future for individuals, communities, and people's lifestyles.
2008 Condominium development in China
Introduced Japanese-style condominium sales techniques.
2007 Sadamisaki wind
power generation business
The Company entered the wind power electricity business based on the belief that businesses related to wind, solar, and hydro would be vital in the 21st century.
2007 Start of Work Life Balance Support System (time off related to nursing care and childcare)
Anticipating an acceleration in real estate investment, we devised stronger exit strategies. By developing high-quality properties that generate a stable cash flow, we also contributed to the growth of the market.
2012 Start of solar power
generation business
Commenced first stage of mega solar business, DREAM Solar Kita- kyushu HIbikinada
2011 Development of
D's SMART series
Launched D's SMART offices and factories as next-generation facilities aiming to eliminate impact on the environment.
2008 Opened The Daiwa House Juku, our training program for the next generation of management
Daiwa House Group Integrated Report 2023 26
Message from the CEO
Long-Term Vision | The Story of the Group's | Message from the CFO |
and the 7th Plan | Value Creation | |
Developing
our Businesses
Environmental Vision
Strengthening
our Bases
Governance
Financial Results,
Corporate Information
As a group that co-creates value for individuals, communities, and people's lifestyles, we are expanding our interests into new localities and business domains, which will lead to the further strengthening of our three fundamental business resources (our human resources base, customer base and technology and manufacturing base). This is the source of our value creation. While playing our part in creating the fundamental societal infrastructure and lifestyle culture rooted in regeneration, which we set forth in Our Hopes for the Future, we are forging ahead with the goal of making Daiwa House Group into a ¥10 trillion enterprise by 2055, our centennial year.
2018 | 2022 |
Sales top ¥4 trillion | Sales top ¥4.9 trillion |
Expanding
2017 The birth of Livness, | 2019 |
our housing stock brand | Livness Town Project |
We launched this new Groupwide brand to | To fulfill our responsibility as a builder, we are |
establish a quality existing housing market. We | promoting the redevelopment of Neopolis, |
offer comprehensive solutions based on the | originally developed by Daiwa House, into a |
know-how possessed by Group companies. | town that is attractive and livable. |
2020
DPDC Inzai Park
Entered into data center development as a new kind of social infrastructure that will support the internet-dominated society
2021
Launched Telework Style
as a solution that
offers a new way of living
Customer
geographic business area/fields of business
2017 Stanley Martin joined
the Daiwa House Group.
Start of single-family housing business in the United States.
2016 Multi-tenant logistics facilities
developed overseas
Logistics warehouse development started in the ASEAN region, beginning with Indonesia.
2018 Disaster-ready homes
As a response to more frequent natural disasters, the homes were developed as Japan's first housing line engineered to better cope with disasters, and are capable of providing power for about 10 days, even in rainy weather.
2020
Trumark Companies joined
the Daiwa House Group
2021
CastleRock Communities joined
the Daiwa House Group
2020 DREAM Solar Isewan II
The Daiwa House Group constructed and operates its largest mega solar installation.
2021 Established
Daiwa House Logistics Trust
Listed on the Singapore Stock Exchange
2020 Funabashi Grand Oasis
Developed a 100% renewable-powered Community, from construction through to habitation.
2021 Introduction of Parallel
Work System
2022 Redevelopment of
Toyama Public Wholesale Market
Contribution to building the social infrastructure that supports regional "food" and employment
2022
We maximize utilization of "rooftop value" and are accelerating the installation of photovoltaic power generation.
Base
Human
Resources
Base
Technology and
Manufacturing
Base
Daiwa House Group Integrated Report 2023 27
Message from the CEO
Long-Term Vision | The Story of the Group's | Message from the CFO |
and the 7th Plan | Value Creation | |
Developing
our Businesses
Environmental Vision
Strengthening
our Bases
Governance
Financial Results,
Corporate Information
3 Strengths generated from the source of value creation
A diverse value chain to "Create,""Foster," and "Revitalize" in a wide range of business areas
The Group's strengths, which spring forth from its human resources, customer, and technological and manufacturing bases, which are at the heart of its value creation, are its ability to find solutions quickly based on the customer relationships it has built over the years, as well as its strength of close on-site relations critical to addressing customer needs in the field. Given this, we will make the most of our ability to create value through co-creation generated by the addition of our expertise in making comprehensive business ideas through our wide range of business areas and our one-stop-shop system, while creating the fundamental societal infrastructure and lifestyle culture rooted in regeneration.
Individual customers' perspectives
Customer | Build relations with customers | |
Base | ||
Strength 1 | ||
Ability to grasp quickly | ||
what is needed and | ||
provide solutions | ||
Our greatest strengths | ||
Human | Our bottom-up approach | The ability to |
Resources | Our positive attitude | create value |
Base | ||
through co-creation | ||
Strength 2 | ||
Meeting the needs of | ||
local customers | ||
Technology and | Our supply chain network | |
Manufacturing | ||
Realize high quality | ||
Base | ||
through short construction periods |
The Group's comprehensive capabilities cover a broad range of business domains
Strength 3 | A diverse value chain for creating the fundamental societal infrastructure | |||||||||||
and lifestyle culture rooted in regeneration | ||||||||||||
The capacity to offer | ||||||||||||
A comprehensive system that provides total support from planning to after-sales services, | ||||||||||||
comprehensive business ideas | ||||||||||||
with data on land and real estate as the starting point. | ||||||||||||
Create | Proposals for the use of idle land | Foster | Revitalize | |||||||||
Design & | Buy and resell | |||||||||||
Selection & acquisition of land | Planning & | Operations, management, leasing and | ||||||||||
construction | Renovation and | |||||||||||
for development | development | after-sales service | ||||||||||
(monozukuri) | ||||||||||||
Utilization of building rooftops | Real estate securitization | redevelopment | ||||||||||
Daiwa House Industry, DesignArc, Daiwa Lantec | ||||||||||||
Single-Family | Daiwa House Reform | |||||||||||
Stanley Martin Holdings, Trumark Companies | ||||||||||||
Houses | Daiwa House Real Estate | |||||||||||
CastleRock Communities, Rawson Group | ||||||||||||
Daiwa House Industry | Daiwa Living | |||||||||||
Rental Housing | ||||||||||||
Daiwa House Modular Europe | Daiwa House Chintai Reform | |||||||||||
Daiwa House Industry, Cosmos Initia | ||||||||||||
Condominiums | Daiwa LifeNext | |||||||||||
Daiwa House Industry, Daiwa Lease | Royal Home Center, Sports Club NAS | |||||||||||
Commercial | ||||||||||||
Facilities | Daiwa House Parking | Daiwa House Realty Mgt. | ||||||||||
Logistics, Business | Daiwa House Industry, Fujita | Daiwa House Property Management, Daiwa Logistics, | ||||||||||
and Corporate | Daiwa House REIT | |||||||||||
Daiwa LogiTech | Wakamatsu KONPOU UNYU SOKO, Kouyama UNYU | |||||||||||
Facilities | Daiwa House Global REIT | |||||||||||
Daiwa House Industry | Daiwa House Logistics Core Fund | |||||||||||
Environment | ||||||||||||
Daiwa House Logistics Trust | ||||||||||||
and Energy | Daiwa Energy | Eneserve | ||||||||||
Daiwa Royal Golf, Media Tech, Shinwa Agency | ||||||||||||
Other | Daiwa House Financial, Daiwa House Insurance | |||||||||||
Daiwa House Real Estate Investment Management, Daiwa House Asset Management | ||||||||||||
Daiwa House Group Integrated Report 2023 28
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Daiwa House Industry Co. Ltd. published this content on 17 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 October 2023 08:24:32 UTC.