Source disclosure: February 13, 2026
DAITO TRUST CONSTRUCTION CO.,LTD. [1878.T]
TOKYO, Feb 13 (Pulse News Wire) -- Daiwa Trust Construction Co., Ltd. (1878.T), led by CEO Kei Takeuchi, has announced corrections to its interim consolidated financial statements for the third quarter ending December 31, 2025, as part of an ongoing review process conducted by certified public accountants. The company initially disclosed these figures on January 30, 2026, but subsequent reviews have identified discrepancies that require adjustments.
The primary correction pertains to the investment activities section of the quarterly consolidated cash flow statement. Specifically, there was a miscalculation in the amount recorded under “Increase in money trusts” during the cumulative period up to the end of the previous third quarter. The corrected values show a decrease of ¥3,700 million instead of the previously reported ¥500 million, impacting the overall investment activity cash flow by reducing it from ¥23,069 million to ¥29,169 million.
Additionally, the company has made changes to how certain items are presented within the operating and investing activities sections of the cash flow statement. Previously, the increase or decrease in construction-in-progress properties intended for sale was included under the category of sales property increases and decreases. Due to increased significance, this item is now listed separately, along with an adjustment to reflect the change in presentation methods. As a result, the net effect on the operating activities cash flow has been adjusted accordingly.
Furthermore, the company added information regarding recent share repurchase activities to its list of significant post-balance sheet events. These include announcements related to self-share purchases through ToSTNeT-3 trading system and commitment-type self-share repurchases via FCSR. All such updates aim to provide a more accurate reflection of the company's financial position and operations.
In terms of performance metrics, Daiwa Trust Construction reported a slight decline in earnings per share for the fiscal year ending March 2026 compared to the same period last year. For the nine months ended December 31, 2025, the company’s revenue stood at ¥1,443,571 million, representing a 6% growth over the prior year. However, the parent company attributable profit decreased slightly to ¥76,196 million, marking a -0.9% drop from the previous year. Despite this minor dip, the firm maintains a strong balance sheet with total assets reaching ¥1,298,332 million and equity standing at ¥491,841 million, resulting in a robust capital adequacy ratio of 38.1%.
Regarding dividend policy, the company plans to distribute ¥342 per share for the first half-year dividend, with additional dividends expected later in the fiscal year. This reflects a strategic approach towards rewarding shareholders while maintaining sufficient liquidity for future investments and operational needs.
These revisions underscore Daiwa Trust Construction's commitment to transparency and accuracy in reporting, ensuring stakeholders receive reliable financial data reflecting the true state of the company's affairs.