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
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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, formerly Open House Co Ltd, is a Japan-based company primarily engaged in the real estate related business. The Company operates through five business segments. The Detached House-Related Business segment engages in brokerage (Open House), detached house sales (Open House Development), detached house subdivision (Hawk One), and construction contracting (Open House Architect). The Condominium Business segment develops and sells new condominiums. The Income-Producing Real Estate Business segment acquires, manages, and sells income-producing real estate in Japan. The Others segment is engaged in the U.S. real estate business, including sales, consulting, property management, and financial services related to U.S. real estate. The Pleasant Corporation segment plans, develops and sells mainly studio and family condominiums.