Is Sekisui House’s plan to hire 1,000 carpenters bullish for margins?

It can be, but timing matters. Direct crews should reduce delays and rework, lifting delivery stability. If utilization stays high and third-party work scales, margins could expand. Early on, fixed costs and training raise expenses, so benefits may show gradually over several quarters rather than immediately.

What are the key technical levels for 1928.T share price right now?

Spot price is ¥3,742 with a day range of ¥3,728 to ¥3,780. The 50-day average is ¥3,498.48 and the 200-day is ¥3,337.67. Bollinger upper band sits near ¥3,761.72. RSI at 69.35 signals overbought. Dips toward the 50-day average may offer better entries if the broader uptrend holds.

How does Sekisui House stock look on valuation and dividends?

Shares trade near 12x TTM earnings and 1.26x book, with a 3.85% dividend yield (DPS ¥144). EV/Sales is ~0.99 and Price/Sales ~0.59, reflecting modest valuation for a scaled builder. The yield offers income support while investors watch if the hiring program can translate into steadier margins.

What should investors watch at the March 5 earnings update?

Focus on backlog quality, net orders, and any delivery timing improvements. Listen for utilization rates of in-house crews, guidance on SG&A from hiring, and comments on third-party revenue potential. Updates on cash conversion and inventory days will help gauge whether operational efficiency is trending in the right direction.

Global Market Insights

1928.T Stock Today: February 15 — Sekisui House’s 1,000-Carpenter Hiring Push

ByDanny Kontos February 15, 2026February 15, 2026

Sekisui House stock is in focus as the company accelerates its Crafter plan to directly hire 1,000 carpenters by 2033. For Japan, a construction labor shortage is a real supply risk. By securing skilled workers, Sekisui House aims to protect delivery timelines and quality, and open third-party revenue options. Today, Sekisui House (1928.T) trades near recent highs, so investors are weighing cost impacts against stability benefits. We break down 1928.T share price drivers, technicals, and fundamentals ahead of March earnings.