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11 Other businesses

15 business categories

In 2002, among household finances the rate of increase in spending on services reached 5.3 times the level of spending on goods, and a large proportion of spending on goods was in the spheres of education, entertainment, and communications, to individualize and enhance lifestyles. This had a strong bearing on this business segment.

Among these totals, Daiwa Rakuda Industry, which engages in the manufacture of construction materials and sale of furniture, devoted particular efforts to sales of interior goods such as original curtains and folding room dividers, and exterior goods such as balconies. This resulted in 3.9% growth in net sales, to ¥38,232 million, and a 1.6% increase in operating income, which reached ¥880 million.

Meanwhile Daiwa Logistics, which engages in goods distribution, implemented measures such as the amalgamation or closure of temporary warehouses and the relocation of distribution centers. As a result, it was able to improve its performance in contrast to the general sluggishness in the transportation industry, posting net sales of ¥23,078 million, up by 6.7% year-on-year, and operating income of ¥1,089 million, up by 2.6%.

In addition Yamatonoyu, which operates Super sento bathhouses, opened four new outlets during the term, bringing its network to a total of 13 directly-managed outlets, the largest in its industry. The average number of visitors to each of these complexes reached some 37,000 per month, marking another year of consistent growth since the company's establishment.

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Net sales/Operating income Number of employees /Operating income per employee
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Daiwa House group

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