Sekisui House Ltd. said it has seen "strong demand" ahead of tax and mortgage rate increases that could help Japan's second-biggest home builder meet earnings goals.
"We are getting a good feel about delivering decent results based on our earnings targets," President Toshinori Abe, 61, said in an interview in Tokyo on Tuesday, adding that back orders for homes are rising faster than the company had anticipated.
Sekisui in March forecast sales to rise 7.8 percent to ¥1.74 trillion in the year ending Jan. 31 from a year earlier. Orders on average for the company gained 15 percent in the first five months to June 30 from the same period last year.