Open House Group Co., Ltd. Provides Consolidated Earnings Guidance for the Second Quarter and Full Year of Fiscal Year Ending September 30, 2024
February 14, 2024 at 01:30 am EST
Share
Open House Group Co., Ltd. provided consolidated earnings guidance for the second quarter and full year of fiscal year ending September 30, 2024. For the second quarter, the company expects net sales to be JPY 594,200 million, operating profit to be JPY 55,100 million, profit attributable to owners of the parent to be JPY 46,700 million and basic earnings per share to be JPY 387.96.
For the year, the company expects net sales to be JPY 1,300,000 million, operating profit to be JPY 124,000 million, profit attributable to owners of the parent to be JPY 92,500 million and basic earnings per share to be JPY 768.45.
Open House Group Co Ltd is a Japan-based company primarily engaged in the real estate related business. The Company operates through four business segments. The Detached Houses segment is engaged in the brokerage (open house), city center detached house sales (open house development), construction contract (open house architect), and quasi-city center detached house sales (Hawk One). The Profitable Real Estate Business segment is engaged in the acquisition, operation, sales of domestic profitable real estate. The Condominium Business segment is engaged in the development and sales of new condominiums. It works on compact type and family type condominiums mainly in the central areas of Tokyo, Nagoya and Fukuoka areas. The Other segments include mortgage business, financial services business, real estate market analysis and real estate sales in the United States.