Open House Group Co. Ltd

Open House Group's cumulative results for the third quarter of the fiscal year ending September 2026 came in at 1.0234 trillion yen in revenue, 120.9 billion yen in operating profit, 116 billion yen in ordinary profit, and 81.2 billion yen in net profit. Progress against the full-year forecast stands at 68.2 percent for revenue, 67.2 percent for operating profit, and 68.6 percent for net profit, all below the 75 percent level typically seen as the benchmark at the third quarter. The full-year operating profit forecast has been raised from 170 billion yen at the start of the year to 174.5 billion yen in the first quarter and 178.2 billion yen at the half, and now to 180 billion yen at the third quarter, up 23.3 percent year on year. The dividend per share forecast has also been increased in stages, from 188 yen to 200 yen and then 205 yen, and is expected to exceed the 178 yen paid in the previous fiscal year. By segment, the detached housing business posted 563 billion yen in revenue and 61.8 billion yen in operating profit, accounting for more than half of consolidated revenue, while the condominium business saw revenue more than double year on year to 42.4 billion yen, with an operating margin of 17.8 percent, the highest of any segment. Meanwhile, the share price has fallen more than 30 percent from the 11,500 yen level at the end of February to the 7,500 yen range as of September 2026, back near last autumn's level, moving in the opposite direction from the upward revision.