Open House Group（O4H）株式概要株式会社オープンハウスグループは、不動産その他の事業を行っている。 詳細O4H ファンダメンタル分析スノーフレーク・スコア評価6/6将来の成長2/6過去の実績5/6財務の健全性4/6配当金4/6報酬当社が推定した公正価値より20.1%で取引されている 収益は年間6.31%増加すると予測されています 過去1年間で収益は26.8%増加しました 同業他社や業界と比較して、良好な取引価格 アナリストらは、株価が42.9%上昇するだろうとほぼ一致している。 リスク分析負債は営業キャッシュフローで十分にカバーされていない 2.32%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見るO4H Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€46.000.9% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture02t2016201920222025202620282031Revenue JP¥2.0tEarnings JP¥157.5bAdvancedSet Fair ValueView all narrativesOpen House Group Co., Ltd. 競合他社Hugo BossSymbol: XTRA:BOSSMarket cap: €2.5bEinhell GermanySymbol: XTRA:EINMarket cap: €823.2madidasSymbol: XTRA:ADSMarket cap: €27.7bInstalled Building ProductsSymbol: NYSE:IBPMarket cap: US$5.7b価格と性能株価の高値、安値、推移の概要Open House Group過去の株価現在の株価JP¥46.0052週高値JP¥64.0052週安値JP¥37.20ベータ0.501ヶ月の変化-7.26%3ヶ月変化-23.97%1年変化21.69%3年間の変化34.50%5年間の変化25.00%IPOからの変化55.41%最新ニュースBoard Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Maoko Kotani was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • May 09Open House Group Co., Ltd. to Report Q2, 2026 Results on May 11, 2026Open House Group Co., Ltd. announced that they will report Q2, 2026 results at 9:00 AM, Tokyo Standard Time on May 11, 2026お知らせ • Dec 23Open House Group Co., Ltd. to Report Q1, 2026 Results on Feb 10, 2026Open House Group Co., Ltd. announced that they will report Q1, 2026 results on Feb 10, 2026お知らせ • Nov 14+ 1 more updateOpen House Group Co., Ltd., Annual General Meeting, Dec 24, 2025Open House Group Co., Ltd., Annual General Meeting, Dec 24, 2025.お知らせ • Sep 17Open House Group Co., Ltd. to Report Fiscal Year 2025 Results on Nov 14, 2025Open House Group Co., Ltd. announced that they will report fiscal year 2025 results on Nov 14, 2025お知らせ • Jun 13Open House Group Co., Ltd. to Report Q3, 2025 Results on Aug 13, 2025Open House Group Co., Ltd. announced that they will report Q3, 2025 results on Aug 13, 2025最新情報をもっと見るRecent updatesBoard Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Maoko Kotani was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • May 09Open House Group Co., Ltd. to Report Q2, 2026 Results on May 11, 2026Open House Group Co., Ltd. announced that they will report Q2, 2026 results at 9:00 AM, Tokyo Standard Time on May 11, 2026お知らせ • Dec 23Open House Group Co., Ltd. to Report Q1, 2026 Results on Feb 10, 2026Open House Group Co., Ltd. announced that they will report Q1, 2026 results on Feb 10, 2026お知らせ • Nov 14+ 1 more updateOpen House Group Co., Ltd., Annual General Meeting, Dec 24, 2025Open House Group Co., Ltd., Annual General Meeting, Dec 24, 2025.お知らせ • Sep 17Open House Group Co., Ltd. to Report Fiscal Year 2025 Results on Nov 14, 2025Open House Group Co., Ltd. announced that they will report fiscal year 2025 results on Nov 14, 2025お知らせ • Jun 13Open House Group Co., Ltd. to Report Q3, 2025 Results on Aug 13, 2025Open House Group Co., Ltd. announced that they will report Q3, 2025 results on Aug 13, 2025お知らせ • Mar 31+ 3 more updatesOpen House Group Co., Ltd. Announces CEO Changes, Effective October 1, 2025Open House Group Co., Ltd. announced that the Board of Directors meeting held on March 31, 2025 resolved the following changes to representative directors and executive officers. Effective October 1, 2025: Ryosuke Fukuoka: Current Position: Representative Director, Senior Managing Executive Officer; New Position: President & CEO; Masaaki Arai: Current Position: President & CEO; New Position: Director, Founder. Ryosuke Fukuoka (Academic Background: Graduated from the School of Commerce, Waseda University, in March 2002); Date of Birth: May 22, 1978; Career Summary: April 2002: Joined the Company; December 2002: Joined Souken Build Co., Ltd. (currently, Open House Development Co., Ltd.); December 2006: Representative Director of Open House Development Co., Ltd. (current position); December 2010: Director of the Company; April 2016: Representative Director of OH Real Estate Management Co., Ltd. (currently, Open House Real Estate Co., Ltd.) (current position); January 2018: Director, Business Manager of Open House Architect Co., Ltd.; April 2018: Director, Managing Executive Officer of the Company; December 2021: Director, Senior Managing Executive Officer of the Company (current position).お知らせ • Mar 27Open House Group Co., Ltd. to Report Q2, 2025 Results on May 14, 2025Open House Group Co., Ltd. announced that they will report Q2, 2025 results on May 14, 2025お知らせ • Feb 28Open House Group Co., Ltd. (TSE:3288) completed the acquisition of 31.32% stake in Pressance Corporation (TSE:3254) from a group of shareholders for ¥51.9 billion.Open House Group Co., Ltd. (TSE:3288) proposed to acquire remaining 36.58% stake in Pressance Corporation (TSE:3254) from a group of shareholders for ¥60.7 billion on January 10, 2025. A cash consideration of ¥60.68 billion valued at ¥2390 per share will be paid by Open House Group Co., Ltd. As part of consideration, ¥60.68 billion is paid towards common equity of Pressance Corporation. The transaction will be financed through senior debt of ¥60.7 billion from from Sumitomo Mitsui Banking Corp. Tender Offeror will implement the Squeeze-Out Procedure with the aim of making the Tender Offeror the only shareholder of the Pressance Corporation. Tender offer will commence on January 14, 2025 and will end on February 26, 2025. The settlement of the offer will take place on March 5, 2025. The transaction is subject to approval of merger agreement by board of directors of Pressance Corporation, consummation of due diligence investigation and minimum tender. The Board of Directors of Pressance Corporation formed a special committee for the transaction. The deal has been unanimously approved by the board of directors of Pressance Corporation. The expected completion of the transaction is February 26, 2025. SMBC Nikko Securities Inc. acted as financial advisor for Open House Group Co., Ltd. Nagashima Ohno & Tsunematsu acted as legal advisor for Open House Group Co., Ltd. Mizuho Securities Co., Ltd. acted as financial advisor for Pressance Corporation. Mizuho Securities Co., Ltd. acted as fairness opinion provider for Pressance Corporation. Anderson Mori & Tomotsune LPC acted as legal advisor for Pressance Corporation. Open House Group Co., Ltd. (TSE:3288) completed the acquisition of 31.32% stake in Pressance Corporation (TSE:3254) from a group of shareholders for ¥51.9 billion on February 26, 2025.お知らせ • Jan 11Open House Group Co., Ltd. (TSE:3288) proposed to acquire remaining 36.58% stake in Pressance Corporation (TSE:3254) from a group of shareholders for ¥60.7 billion.Open House Group Co., Ltd. (TSE:3288) proposed to acquire remaining 36.58% stake in Pressance Corporation (TSE:3254) from a group of shareholders for ¥60.7 billion on January 10, 2025. A cash consideration of ¥60.68 billion valued at ¥2390 per share will be paid by Open House Group Co., Ltd. As part of consideration, ¥60.68 billion is paid towards common equity of Pressance Corporation. The transaction will be financed through senior debt of ¥60.68 billion from from Sumitomo Mitsui Banking Corp. Tender Offeror will implement the Squeeze-Out Procedure with the aim of making the Tender Offeror the only shareholder of the Target Company. The transaction is subject to approval of merger agreement by target board, consummation of due diligence investigation and minimum tender. The Board of Directors of Pressance Corporation formed a special committee for the transaction. The deal has been unanimously approved by the board. The expected completion of the transaction is February 26, 2025. SMBC Nikko Securities Inc. acted as financial advisor for Open House Group Co., Ltd. Nagashima Ohno & Tsunematsu acted as legal advisor for Open House Group Co., Ltd. Mizuho Securities Co., Ltd. acted as financial advisor for Pressance Corporation. Mizuho Securities Co., Ltd. acted as fairness opinion provider for Pressance Corporation. Anderson Mori & Tomotsune LPC acted as legal advisor for Pressance Corporation.お知らせ • Dec 12Open House Group Co., Ltd. to Report Q1, 2025 Results on Feb 13, 2025Open House Group Co., Ltd. announced that they will report Q1, 2025 results on Feb 13, 2025Reported Earnings • Nov 17Full year 2024 earnings released: EPS: JP¥783 (vs JP¥764 in FY 2023)Full year 2024 results: EPS: JP¥783 (up from JP¥764 in FY 2023). Revenue: JP¥1.30t (up 13% from FY 2023). Net income: JP¥92.9b (flat on FY 2023). Profit margin: 7.2% (down from 8.0% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • Nov 14+ 1 more updateOpen House Group Co., Ltd., Annual General Meeting, Dec 25, 2024Open House Group Co., Ltd., Annual General Meeting, Dec 25, 2024.Board Change • Nov 14Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. 4 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Outside Director Hitoshi Ishimura was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Oct 06Open House Group Co., Ltd. to Report Fiscal Year 2024 Results on Nov 14, 2024Open House Group Co., Ltd. announced that they will report fiscal year 2024 results on Nov 14, 2024Reported Earnings • Aug 16Third quarter 2024 earnings released: EPS: JP¥141 (vs JP¥141 in 3Q 2023)Third quarter 2024 results: EPS: JP¥141. Revenue: JP¥292.3b (up 20% from 3Q 2023). Net income: JP¥16.7b (down 1.8% from 3Q 2023). Profit margin: 5.7% (down from 7.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Consumer Durables industry in Germany.New Risk • Aug 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.9% operating cash flow to total debt). Earnings are forecast to decline by an average of 0.7% per year for the foreseeable future.お知らせ • Jun 29Open House Group Co., Ltd. to Report Q3, 2024 Results on Aug 13, 2024Open House Group Co., Ltd. announced that they will report Q3, 2024 results on Aug 13, 2024お知らせ • Jun 28Open House Group Co., Ltd. Announces CEO Changes for Open House Real Estate Investment Advisors CorporationOpen House Group Co., Ltd. announced the personnel changes in subsidiary company, Open House Real Estate Investment Advisors Corporation. Based on the resolution of the company's board of directors, the changes has decided that resignation of Koji Sakamoto as President and CEO. And appointment of Tsugumasa Sekiguchi as President and CEO of the company both effective July 1, 2024. Career Summary of Tsugumasa Sekiguchi is as follows: April 1991-Credit Saison Co.,Ltd.; October 1994- Seconded to Atrium Co., Ltd. (transferred on October 15, 1999); May 2005- Director, Atrium Debt Collection Service Co., Ltd.; May 2006- Director, Atrium Co., Ltd. (now Atrium Realty Co., Ltd.); June 2006- Auditor, Atrium Debt Collection Service Co., Ltd.; February 2007 Director, A.I.C. Co.,Ltd; December 2007- Director and Auditor, A.M.Fund Management Co.,Ltd; May 2009- Seconded to Atrium Debt Collection Service Co., Ltd.; August 2010- President and Representative Director, BLUE OCEAN REALTY Co.,Ltd; July 2012- President and Representative Director, OH Real Estate Management Co.,Ltd; April 2015- President and Representative Director, ARK Asset Management Corp.; August 2021- Advisor, Open House Real Estate Co., Ltd.Reported Earnings • May 19Second quarter 2024 earnings released: EPS: JP¥158 (vs JP¥206 in 2Q 2023)Second quarter 2024 results: EPS: JP¥158 (down from JP¥206 in 2Q 2023). Revenue: JP¥297.9b (up 1.5% from 2Q 2023). Net income: JP¥18.9b (down 24% from 2Q 2023). Profit margin: 6.3% (down from 8.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Declared Dividend • May 17Dividend of JP¥83.00 announcedShareholders will receive a dividend of JP¥83.00. Ex-date: 27th September 2024 Payment date: 23rd December 2024 Dividend yield will be 309%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (18% earnings payout ratio) but not covered by cash flows (184% cash payout ratio). The dividend has increased by an average of 36% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend.お知らせ • May 16+ 2 more updatesOpen House Group Co., Ltd. (TSE:3288) announces an Equity Buyback for 2,500,000 shares, representing 2.11% for ¥10,000 million.Open House Group Co., Ltd. (TSE:3288) announces a share repurchase program. Under the program, the company will repurchase up to 2,500,000 shares, representing 2.11% of its total shares outstanding (excluding treasury shares), for a total of ¥10,000 million. The purpose of repurchase program is to implement flexible capital policy and improve shareholder value. The repurchase program is valid till September 30, 2024. As of May 15, 2024, the company has 118,431,073 shares outstanding excluding treasury shares and has 2,205,327 shares in treasury.お知らせ • Mar 31Open House Group Co., Ltd. to Report Q2, 2024 Results on May 15, 2024Open House Group Co., Ltd. announced that they will report Q2, 2024 results on May 15, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥83.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 12 June 2024. Payout ratio is a comfortable 18% but the company is paying out more than the cash it is generating. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.4%).Reported Earnings • Feb 16First quarter 2024 earnings released: EPS: JP¥274 (vs JP¥163 in 1Q 2023)First quarter 2024 results: EPS: JP¥274 (up from JP¥163 in 1Q 2023). Revenue: JP¥304.8b (up 23% from 1Q 2023). Net income: JP¥33.0b (up 68% from 1Q 2023). Profit margin: 11% (up from 7.9% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.New Risk • Feb 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (186% cash payout ratio). Share price has been volatile over the past 3 months (7.1% average weekly change).お知らせ • Dec 28Open House Group Co., Ltd. to Report Q1, 2024 Results on Feb 14, 2024Open House Group Co., Ltd. announced that they will report Q1, 2024 results on Feb 14, 2024お知らせ • Dec 20Open House Group Co., Ltd. Announces Changes in Executive StructureOpen House Group Co., Ltd. informed that the following executive structure has been determined by the resolution of the 27th Ordinary General Meeting of Shareholders and the Board of Directors meeting held on December 20, 2023, Ryosuke Fukuoka: Senior Managing Executive Officer, Akira Kuroda: Senior Managing Executive Officer, Shintaro Yoshida: Managing Executive Officer, Kenta Kikuchi: Managing Executive Officer, Rakuto Kuroyanagi: Executive Officer, Kenichiro Kimura: Executive Officer, Tomohiro Kawakami: Executive Officer, Takayuki Koshizuka: Executive Officer, Yasutaka Nomura: Executive Officer.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €24.60, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 11x in the Consumer Durables industry in Europe. Total loss to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €12.55 per share.Reported Earnings • Nov 19Full year 2023 earnings released: EPS: JP¥764 (vs JP¥626 in FY 2022)Full year 2023 results: EPS: JP¥764 (up from JP¥626 in FY 2022). Revenue: JP¥1.15t (up 21% from FY 2022). Net income: JP¥92.1b (up 18% from FY 2022). Profit margin: 8.0% (down from 8.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.お知らせ • Nov 17Open House Group Co., Ltd. (TSE:3288) announces an Equity Buyback for 2,200,000 shares, representing 1.82% for ¥10,000 million.Open House Group Co., Ltd. (TSE:3288) announces a share repurchase program. Under the program, the company will repurchase up to 2,200,000 shares, representing 1.82% of its total shares outstanding excluding treasury shares, for a total of ¥10,000 million. The purpose of repurchase program is to implement flexible capital policy and improve shareholder value. The repurchase program is valid till April 30, 2024. As of November 14, 2023, the company has 120,588,100 shares outstanding excluding treasury shares and has 3,515 shares in treasury.お知らせ • Nov 15Open House Group Co., Ltd., Annual General Meeting, Dec 20, 2023Open House Group Co., Ltd., Annual General Meeting, Dec 20, 2023.お知らせ • Sep 27Open House Group Co., Ltd. to Report Fiscal Year 2023 Results on Nov 14, 2023Open House Group Co., Ltd. announced that they will report fiscal year 2023 results on Nov 14, 2023Upcoming Dividend • Sep 21Upcoming dividend of JP¥92.00 per share at 3.2% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 22 December 2023. Payout ratio is a comfortable 1.5% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.1%).お知らせ • Aug 18Open House Group Co., Ltd. (TSE:3288) made an offer to acquire Sanei Architecture Planning Co.,Ltd. (TSE:3228) for ¥43 billion.Open House Group Co., Ltd. (TSE:3288) made an offer to acquire Sanei Architecture Planning Co.,Ltd. (TSE:3228) from a group of shareholders for ¥43 billion on August 16, 2023. As per the transaction, Open House Group Co., Ltd. will pay ¥2025 per share to the shareholders of Sanei Architecture Planning Co.,Ltd. The transaction is subject to minimum tender. The transaction is expected to close on September 28, 2023. SMBC Nikko Securities Inc. acted as financial advisor to Open House Group Co., Ltd. City-Yuwa Partners acted as legal advisor and fairness opinion provider and Frontier Management Inc. Fairness arm acted as financial advisor to Sanei Architecture Planning Co.,Ltd.Reported Earnings • Aug 15Third quarter 2023 earnings released: EPS: JP¥141 (vs JP¥134 in 3Q 2022)Third quarter 2023 results: EPS: JP¥141 (up from JP¥134 in 3Q 2022). Revenue: JP¥243.5b (up 15% from 3Q 2022). Net income: JP¥17.0b (up 1.6% from 3Q 2022). Profit margin: 7.0% (down from 7.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year.New Risk • Aug 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (24% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (2.7% increase in shares outstanding).お知らせ • Jun 26Open House Group Co., Ltd. to Report Q3, 2023 Results on Aug 14, 2023Open House Group Co., Ltd. announced that they will report Q3, 2023 results on Aug 14, 2023お知らせ • May 17Open House Group Co., Ltd. Provides Special Dividend Guidance for the Year Ending September 30, 2023Open House Group Co., Ltd. provided special dividend guidance for the year ending September 30, 2023. For the year, the company expects to pay special dividend of JPY 10.00 per share. The special dividend for the fiscal year ending September 30, 2023 (forecast) is due to the commemoration of the 10th anniversary of the company's listing and the achievement of JPY 1 trillion in net sales.Reported Earnings • May 17Second quarter 2023 earnings released: EPS: JP¥206 (vs JP¥134 in 2Q 2022)Second quarter 2023 results: EPS: JP¥206 (up from JP¥134 in 2Q 2022). Revenue: JP¥293.6b (up 33% from 2Q 2022). Net income: JP¥24.8b (up 47% from 2Q 2022). Profit margin: 8.5% (up from 7.7% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Consumer Durables industry in Germany.お知らせ • May 16+ 1 more updateOpen House Group Co., Ltd. Announces Revision of Annual Dividend Forecasts for Financial Year Ending September 30, 2023Open House Group Co., Ltd. announced annual dividend forecasts for Financial year ending September 30, 2023 OF JPY 92.00 per share as compared to JPY 82.00 forecasted previously.Upcoming Dividend • Mar 23Upcoming dividend of JP¥72.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 12 June 2023. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.1%).Reported Earnings • Feb 18First quarter 2023 earnings released: EPS: JP¥163 (vs JP¥180 in 1Q 2022)First quarter 2023 results: EPS: JP¥163 (down from JP¥180 in 1Q 2022). Revenue: JP¥248.2b (up 5.5% from 1Q 2022). Net income: JP¥19.6b (down 13% from 1Q 2022). Profit margin: 7.9% (down from 9.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Durables industry in Germany.お知らせ • Feb 15+ 3 more updatesOpen House Group Co., Ltd. Provides Special Dividend Guidance for the Year Ending September 30, 2023Open House Group Co., Ltd. provided special dividend guidance for the year ending September 30, 2023. For the year, the company expects to pay special dividend of JPY 10.00 per share. The special dividend for the fiscal year ending September 30, 2023 (forecast) is due to the commemoration of the 10th anniversary of the company's listing and the achievement of JPY 1 trillion in net sales.Reported Earnings • Dec 27Full year 2022 earnings released: EPS: JP¥626 (vs JP¥552 in FY 2021)Full year 2022 results: EPS: JP¥626 (up from JP¥552 in FY 2021). Revenue: JP¥952.7b (up 18% from FY 2021). Net income: JP¥77.9b (up 12% from FY 2021). Profit margin: 8.2% (down from 8.6% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Durables industry in Germany.お知らせ • Dec 26Open House Group Co., Ltd. to Report Q1, 2023 Results on Feb 14, 2023Open House Group Co., Ltd. announced that they will report Q1, 2023 results on Feb 14, 2023Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. No independent directors (6 non-independent directors). President & Representative Director Kazuhiko Kamata was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.お知らせ • Nov 15+ 2 more updatesOpen House Group Co., Ltd. Provides Special Dividend Guidance for the Year Ending September 30, 2023Open House Group Co., Ltd. provided special dividend guidance for the year ending September 30, 2023. For the period, the company expected special dividend of JPY 10 per share.お知らせ • Nov 14Open House Group Co., Ltd., Annual General Meeting, Dec 21, 2022Open House Group Co., Ltd., Annual General Meeting, Dec 21, 2022. Agenda: Annual General Meeting.お知らせ • Sep 28Open House Group Co., Ltd. to Report Fiscal Year 2022 Results on Nov 14, 2022Open House Group Co., Ltd. announced that they will report fiscal year 2022 results on Nov 14, 2022Upcoming Dividend • Sep 22Upcoming dividend of JP¥67.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 23 December 2022. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (3.9%).お知らせ • Sep 16Open House Group Co., Ltd. Announces Revision to Dividend Forecast for the Financial Year 2022 Ending September 30, 2022Open House Group Co., Ltd. announced Revision to dividends forecast for financial year 2022 (October 1, 2021 - September 30, 2022) of JPY 67.00 per share compared JPY 62.00 per share forecasted previously.Reported Earnings • Aug 14Third quarter 2022 earnings released: EPS: JP¥134 (vs JP¥145 in 3Q 2021)Third quarter 2022 results: EPS: JP¥134 (down from JP¥145 in 3Q 2021). Revenue: JP¥211.7b (down 3.7% from 3Q 2021). Net income: JP¥16.7b (down 8.5% from 3Q 2021). Profit margin: 7.9% (down from 8.3% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 15%, compared to a 3.5% growth forecast for the industry in Germany.お知らせ • Aug 13+ 1 more updateOpen House Group Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending September 30, 2022Open House Group Co., Ltd. provided dividend guidance for the fiscal year ending September 30, 2022. For the year-end, the company expects to pay cash dividend of JPY 62.00 per share against JPY 62.00 per share paid a year ago.お知らせ • Jul 03Open House Group Co., Ltd. to Report Q3, 2022 Results on Aug 12, 2022Open House Group Co., Ltd. announced that they will report Q3, 2022 results on Aug 12, 2022Reported Earnings • May 16Second quarter 2022 earnings released: EPS: JP¥134 (vs JP¥142 in 2Q 2021)Second quarter 2022 results: EPS: JP¥134 (down from JP¥142 in 2Q 2021). Revenue: JP¥220.2b (up 5.4% from 2Q 2021). Net income: JP¥16.9b (down 5.8% from 2Q 2021). Profit margin: 7.7% (down from 8.6% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.9%, compared to a 7.1% growth forecast for the industry in Germany.お知らせ • May 14+ 1 more updateOpen House Co., Ltd. Revises Consolidated Earnings Guidance for the Full Year of Fiscal Year Ending September 30, 2022Open House Co., Ltd. revised consolidated earnings guidance for the full year of fiscal year ending September 30, 2022. For the full year, the company expects revenue to be JPY 935,000 million as previously announced JPY 920,000 Operating income to be JPY 116,000 million as previously announced JPY 112,000. Profit attributable to owners of parent to be JPY 75,700 million as previously announced JPY 72,000. EPS to be JPY 600.15 as previously announced JPY 570.91.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. No independent directors (6 non-independent directors). President & Representative Director Kazuhiko Kamata was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.お知らせ • Apr 08Open House Group Co., Ltd. to Report Q2, 2022 Results on May 13, 2022Open House Group Co., Ltd. announced that they will report Q2, 2022 results on May 13, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥62.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 13 June 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (3.6%). In line with average of industry peers (2.3%).Reported Earnings • Feb 17First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2022 results: EPS: JP¥180 (up from JP¥118 in 1Q 2021). Revenue: JP¥235.3b (up 52% from 1Q 2021). Net income: JP¥22.7b (up 53% from 1Q 2021). Profit margin: 9.6% (in line with 1Q 2021). Revenue exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 6.5%, compared to a 7.3% growth forecast for the industry in Germany.Reported Earnings • Dec 28Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥552 (up from JP¥525 in FY 2020). Revenue: JP¥810.5b (up 41% from FY 2020). Net income: JP¥69.6b (up 17% from FY 2020). Profit margin: 8.6% (down from 10% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 14%, compared to a 4.0% growth forecast for the industry in Germany.Reported Earnings • Nov 14Full year 2021 earnings released: EPS JP¥552 (vs JP¥525 in FY 2020)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2021 results: Revenue: JP¥810.5b (up 41% from FY 2020). Net income: JP¥69.6b (up 17% from FY 2020). Profit margin: 8.6% (down from 10% in FY 2020). The decrease in margin was driven by higher expenses.Upcoming Dividend • Sep 22Upcoming dividend of JP¥62.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 24 December 2021. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.2%).Reported Earnings • Aug 18Third quarter 2021 earnings released: EPS JP¥145 (vs JP¥215 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥219.8b (up 81% from 3Q 2020). Net income: JP¥18.3b (down 23% from 3Q 2020). Profit margin: 8.3% (down from 20% in 3Q 2020). The decrease in margin was driven by higher expenses.Reported Earnings • May 17Second quarter 2021 earnings released: EPS JP¥142 (vs JP¥75.46 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥208.8b (up 55% from 2Q 2020). Net income: JP¥17.9b (up 115% from 2Q 2020). Profit margin: 8.6% (up from 6.2% in 2Q 2020). The increase in margin was driven by higher revenue.お知らせ • May 15+ 1 more updateOpen House Co., Ltd. Provides Earnings Guidance for the Year Ending September 30, 2021Open House Co., Ltd. provided earnings guidance for the year ending September 30, 2021. For the year, the company expects revenue of JPY 788,000 million, operating profit of JPY 96,000 million, profit attributable to owners of parent of JPY 67,000 million and earnings per share of JPY 532.39.Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 11 June 2021. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (2.2%).Analyst Estimate Surprise Post Earnings • Feb 14Revenue beats expectationsRevenue exceeded analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 38%, compared to a 7.2% growth forecast for the Consumer Durables industry in Germany.Reported Earnings • Feb 14First quarter 2021 earnings released: EPS JP¥118 (vs JP¥88.56 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥155.1b (up 22% from 1Q 2020). Net income: JP¥14.8b (up 52% from 1Q 2020). Profit margin: 9.6% (up from 7.7% in 1Q 2020). The increase in margin was driven by higher revenue.Is New 90 Day High Low • Feb 03New 90-day high: €33.80The company is up 15% from its price of €29.40 on 04 November 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.39 per share.Is New 90 Day High Low • Jan 19New 90-day high: €33.40The company is up 12% from its price of €29.80 on 21 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.27 per share.お知らせ • Dec 30Open House Co., Ltd. to Report Q1, 2021 Results on Feb 12, 2021Open House Co., Ltd. announced that they will report Q1, 2021 results on Feb 12, 2021Reported Earnings • Dec 26Full year 2020 earnings released: EPS JP¥525The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥576.0b (up 6.6% from FY 2019). Net income: JP¥59.5b (up 51% from FY 2019). Profit margin: 10% (up from 7.3% in FY 2019). The increase in margin was driven by higher revenue.Analyst Estimate Surprise Post Earnings • Dec 26Revenue beats expectationsRevenue exceeded analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 19% compared to a 32% decline forecast for the Real Estate industry in Germany.Reported Earnings • Nov 15Full year 2020 earnings released: EPS JP¥525The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥576.0b (up 6.6% from FY 2019). Net income: JP¥59.5b (up 51% from FY 2019). Profit margin: 10% (up from 7.3% in FY 2019). The increase in margin was driven by higher revenue.Analyst Estimate Surprise Post Earnings • Nov 15Revenue beats expectationsRevenue exceeded analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 8.3% compared to a 32% decline forecast for the Real Estate industry in Germany.お知らせ • Nov 15Open House Co., Ltd., Annual General Meeting, Dec 23, 2020Open House Co., Ltd., Annual General Meeting, Dec 23, 2020.お知らせ • Nov 14Open House Co., Ltd. (TSE:3288) made an offer to acquire an additional 30.8% stake in Pressance Corporation (TSE:3254) for ¥36.8 billion.Open House Co., Ltd. (TSE:3288) made an offer to acquire an additional 30.8% stake in Pressance Corporation (TSE:3254) for ¥36.8 billion on November 13, 2020. Under the terms of the offer, Open House Co., Ltd. will acquire 19.9 million shares of Pressance Corporation and pay ¥1850 per share of common stock. Consideration will be payable by own funds. Post-closing, Pressance Corporation will be a consolidated subsidiary of Open House Co., Ltd. The planned tender offer period will start from November 16, 2020 and planned tender offer period will terminate on January 14, 2021. The Board of Directors of Pressance Corporation in a meeting held on November 13, 2020, expressed its support and resolved for the tender offer and resolved to leave the decision of our shareholders to decide whether or not to apply for the tender offer. Nishimura & Asahi acted as the legal advisor, Plutus Consulting acted as the third party calculation institution for Pressance Corporation. SMBC Nikko Securities Inc. acted as the third party calculation institution and tender offer agent for Pressance Corporation.Is New 90 Day High Low • Nov 06New 90-day high: €31.00The company is up 25% from its price of €24.80 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.13 per share.お知らせ • Sep 03Open House Co., Ltd. to Report Fiscal Year 2020 Results on Nov 13, 2020Open House Co., Ltd. announced that they will report fiscal year 2020 results on Nov 13, 2020株主還元O4HDE Consumer DurablesDE 市場7D-0.9%-1.0%2.4%1Y21.7%-18.1%1.2%株主還元を見る業界別リターン: O4H過去 1 年間で-18.1 % の収益を上げたGerman Consumer Durables業界を上回りました。リターン対市場: O4H過去 1 年間で1.2 % の収益を上げたGerman市場を上回りました。価格変動Is O4H's price volatile compared to industry and market?O4H volatilityO4H Average Weekly Movement4.6%Consumer Durables Industry Average Movement5.4%Market Average Movement6.1%10% most volatile stocks in DE Market13.4%10% least volatile stocks in DE Market2.7%安定した株価: O4H 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: O4Hの 週次ボラティリティ ( 5% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19966,620Ryosuke Fukuokaoh.openhouse-group.com株式会社オープンハウスグループは、不動産およびその他の事業を行っている。不動産売買の仲介・斡旋を行う。新築戸建住宅の販売、マンションの開発・販売も行う。その他、不動産投資事業、金融事業も行う。旧社名は株式会社オープンハウスで、2022年1月に株式会社オープンハウスグループに商号変更した。オープンハウスグループは1996年に設立され、東京に本社を置く。もっと見るOpen House Group Co., Ltd. 基礎のまとめOpen House Group の収益と売上を時価総額と比較するとどうか。O4H 基礎統計学時価総額€5.18b収益（TTM）€600.50m売上高(TTM)€7.47b8.6xPER（株価収益率0.7xP/SレシオO4H は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計O4H 損益計算書（TTM）収益JP¥1.38t売上原価JP¥1.12t売上総利益JP¥259.96bその他の費用JP¥148.87b収益JP¥111.09b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）998.52グロス・マージン18.81%純利益率8.04%有利子負債／自己資本比率134.3%O4H の長期的なパフォーマンスは？過去の実績と比較を見る配当金2.3%現在の配当利回り10%配当性向O4H 配当は確実ですか？O4H 配当履歴とベンチマークを見るO4H 、いつまでに購入すれば配当金を受け取れますか？Open House Group 配当日配当落ち日Mar 30 2026配当支払日Jun 08 2026配当落ちまでの日数57 days配当支払日までの日数13 daysO4H 配当は確実ですか？O4H 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/25 01:52終値2026/05/25 00:00収益2026/03/31年間収益2025/09/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Open House Group Co., Ltd. 6 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。9 アナリスト機関Tomoyoshi OmuroBofA Global ResearchKazue YanagisawaCLSAJiro KojimaDaiwa Securities Co. Ltd.6 その他のアナリストを表示
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Maoko Kotani was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • May 09Open House Group Co., Ltd. to Report Q2, 2026 Results on May 11, 2026Open House Group Co., Ltd. announced that they will report Q2, 2026 results at 9:00 AM, Tokyo Standard Time on May 11, 2026
お知らせ • Dec 23Open House Group Co., Ltd. to Report Q1, 2026 Results on Feb 10, 2026Open House Group Co., Ltd. announced that they will report Q1, 2026 results on Feb 10, 2026
お知らせ • Nov 14+ 1 more updateOpen House Group Co., Ltd., Annual General Meeting, Dec 24, 2025Open House Group Co., Ltd., Annual General Meeting, Dec 24, 2025.
お知らせ • Sep 17Open House Group Co., Ltd. to Report Fiscal Year 2025 Results on Nov 14, 2025Open House Group Co., Ltd. announced that they will report fiscal year 2025 results on Nov 14, 2025
お知らせ • Jun 13Open House Group Co., Ltd. to Report Q3, 2025 Results on Aug 13, 2025Open House Group Co., Ltd. announced that they will report Q3, 2025 results on Aug 13, 2025
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Maoko Kotani was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • May 09Open House Group Co., Ltd. to Report Q2, 2026 Results on May 11, 2026Open House Group Co., Ltd. announced that they will report Q2, 2026 results at 9:00 AM, Tokyo Standard Time on May 11, 2026
お知らせ • Dec 23Open House Group Co., Ltd. to Report Q1, 2026 Results on Feb 10, 2026Open House Group Co., Ltd. announced that they will report Q1, 2026 results on Feb 10, 2026
お知らせ • Nov 14+ 1 more updateOpen House Group Co., Ltd., Annual General Meeting, Dec 24, 2025Open House Group Co., Ltd., Annual General Meeting, Dec 24, 2025.
お知らせ • Sep 17Open House Group Co., Ltd. to Report Fiscal Year 2025 Results on Nov 14, 2025Open House Group Co., Ltd. announced that they will report fiscal year 2025 results on Nov 14, 2025
お知らせ • Jun 13Open House Group Co., Ltd. to Report Q3, 2025 Results on Aug 13, 2025Open House Group Co., Ltd. announced that they will report Q3, 2025 results on Aug 13, 2025
お知らせ • Mar 31+ 3 more updatesOpen House Group Co., Ltd. Announces CEO Changes, Effective October 1, 2025Open House Group Co., Ltd. announced that the Board of Directors meeting held on March 31, 2025 resolved the following changes to representative directors and executive officers. Effective October 1, 2025: Ryosuke Fukuoka: Current Position: Representative Director, Senior Managing Executive Officer; New Position: President & CEO; Masaaki Arai: Current Position: President & CEO; New Position: Director, Founder. Ryosuke Fukuoka (Academic Background: Graduated from the School of Commerce, Waseda University, in March 2002); Date of Birth: May 22, 1978; Career Summary: April 2002: Joined the Company; December 2002: Joined Souken Build Co., Ltd. (currently, Open House Development Co., Ltd.); December 2006: Representative Director of Open House Development Co., Ltd. (current position); December 2010: Director of the Company; April 2016: Representative Director of OH Real Estate Management Co., Ltd. (currently, Open House Real Estate Co., Ltd.) (current position); January 2018: Director, Business Manager of Open House Architect Co., Ltd.; April 2018: Director, Managing Executive Officer of the Company; December 2021: Director, Senior Managing Executive Officer of the Company (current position).
お知らせ • Mar 27Open House Group Co., Ltd. to Report Q2, 2025 Results on May 14, 2025Open House Group Co., Ltd. announced that they will report Q2, 2025 results on May 14, 2025
お知らせ • Feb 28Open House Group Co., Ltd. (TSE:3288) completed the acquisition of 31.32% stake in Pressance Corporation (TSE:3254) from a group of shareholders for ¥51.9 billion.Open House Group Co., Ltd. (TSE:3288) proposed to acquire remaining 36.58% stake in Pressance Corporation (TSE:3254) from a group of shareholders for ¥60.7 billion on January 10, 2025. A cash consideration of ¥60.68 billion valued at ¥2390 per share will be paid by Open House Group Co., Ltd. As part of consideration, ¥60.68 billion is paid towards common equity of Pressance Corporation. The transaction will be financed through senior debt of ¥60.7 billion from from Sumitomo Mitsui Banking Corp. Tender Offeror will implement the Squeeze-Out Procedure with the aim of making the Tender Offeror the only shareholder of the Pressance Corporation. Tender offer will commence on January 14, 2025 and will end on February 26, 2025. The settlement of the offer will take place on March 5, 2025. The transaction is subject to approval of merger agreement by board of directors of Pressance Corporation, consummation of due diligence investigation and minimum tender. The Board of Directors of Pressance Corporation formed a special committee for the transaction. The deal has been unanimously approved by the board of directors of Pressance Corporation. The expected completion of the transaction is February 26, 2025. SMBC Nikko Securities Inc. acted as financial advisor for Open House Group Co., Ltd. Nagashima Ohno & Tsunematsu acted as legal advisor for Open House Group Co., Ltd. Mizuho Securities Co., Ltd. acted as financial advisor for Pressance Corporation. Mizuho Securities Co., Ltd. acted as fairness opinion provider for Pressance Corporation. Anderson Mori & Tomotsune LPC acted as legal advisor for Pressance Corporation. Open House Group Co., Ltd. (TSE:3288) completed the acquisition of 31.32% stake in Pressance Corporation (TSE:3254) from a group of shareholders for ¥51.9 billion on February 26, 2025.
お知らせ • Jan 11Open House Group Co., Ltd. (TSE:3288) proposed to acquire remaining 36.58% stake in Pressance Corporation (TSE:3254) from a group of shareholders for ¥60.7 billion.Open House Group Co., Ltd. (TSE:3288) proposed to acquire remaining 36.58% stake in Pressance Corporation (TSE:3254) from a group of shareholders for ¥60.7 billion on January 10, 2025. A cash consideration of ¥60.68 billion valued at ¥2390 per share will be paid by Open House Group Co., Ltd. As part of consideration, ¥60.68 billion is paid towards common equity of Pressance Corporation. The transaction will be financed through senior debt of ¥60.68 billion from from Sumitomo Mitsui Banking Corp. Tender Offeror will implement the Squeeze-Out Procedure with the aim of making the Tender Offeror the only shareholder of the Target Company. The transaction is subject to approval of merger agreement by target board, consummation of due diligence investigation and minimum tender. The Board of Directors of Pressance Corporation formed a special committee for the transaction. The deal has been unanimously approved by the board. The expected completion of the transaction is February 26, 2025. SMBC Nikko Securities Inc. acted as financial advisor for Open House Group Co., Ltd. Nagashima Ohno & Tsunematsu acted as legal advisor for Open House Group Co., Ltd. Mizuho Securities Co., Ltd. acted as financial advisor for Pressance Corporation. Mizuho Securities Co., Ltd. acted as fairness opinion provider for Pressance Corporation. Anderson Mori & Tomotsune LPC acted as legal advisor for Pressance Corporation.
お知らせ • Dec 12Open House Group Co., Ltd. to Report Q1, 2025 Results on Feb 13, 2025Open House Group Co., Ltd. announced that they will report Q1, 2025 results on Feb 13, 2025
Reported Earnings • Nov 17Full year 2024 earnings released: EPS: JP¥783 (vs JP¥764 in FY 2023)Full year 2024 results: EPS: JP¥783 (up from JP¥764 in FY 2023). Revenue: JP¥1.30t (up 13% from FY 2023). Net income: JP¥92.9b (flat on FY 2023). Profit margin: 7.2% (down from 8.0% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • Nov 14+ 1 more updateOpen House Group Co., Ltd., Annual General Meeting, Dec 25, 2024Open House Group Co., Ltd., Annual General Meeting, Dec 25, 2024.
Board Change • Nov 14Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. 4 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Outside Director Hitoshi Ishimura was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Oct 06Open House Group Co., Ltd. to Report Fiscal Year 2024 Results on Nov 14, 2024Open House Group Co., Ltd. announced that they will report fiscal year 2024 results on Nov 14, 2024
Reported Earnings • Aug 16Third quarter 2024 earnings released: EPS: JP¥141 (vs JP¥141 in 3Q 2023)Third quarter 2024 results: EPS: JP¥141. Revenue: JP¥292.3b (up 20% from 3Q 2023). Net income: JP¥16.7b (down 1.8% from 3Q 2023). Profit margin: 5.7% (down from 7.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Consumer Durables industry in Germany.
New Risk • Aug 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.9% operating cash flow to total debt). Earnings are forecast to decline by an average of 0.7% per year for the foreseeable future.
お知らせ • Jun 29Open House Group Co., Ltd. to Report Q3, 2024 Results on Aug 13, 2024Open House Group Co., Ltd. announced that they will report Q3, 2024 results on Aug 13, 2024
お知らせ • Jun 28Open House Group Co., Ltd. Announces CEO Changes for Open House Real Estate Investment Advisors CorporationOpen House Group Co., Ltd. announced the personnel changes in subsidiary company, Open House Real Estate Investment Advisors Corporation. Based on the resolution of the company's board of directors, the changes has decided that resignation of Koji Sakamoto as President and CEO. And appointment of Tsugumasa Sekiguchi as President and CEO of the company both effective July 1, 2024. Career Summary of Tsugumasa Sekiguchi is as follows: April 1991-Credit Saison Co.,Ltd.; October 1994- Seconded to Atrium Co., Ltd. (transferred on October 15, 1999); May 2005- Director, Atrium Debt Collection Service Co., Ltd.; May 2006- Director, Atrium Co., Ltd. (now Atrium Realty Co., Ltd.); June 2006- Auditor, Atrium Debt Collection Service Co., Ltd.; February 2007 Director, A.I.C. Co.,Ltd; December 2007- Director and Auditor, A.M.Fund Management Co.,Ltd; May 2009- Seconded to Atrium Debt Collection Service Co., Ltd.; August 2010- President and Representative Director, BLUE OCEAN REALTY Co.,Ltd; July 2012- President and Representative Director, OH Real Estate Management Co.,Ltd; April 2015- President and Representative Director, ARK Asset Management Corp.; August 2021- Advisor, Open House Real Estate Co., Ltd.
Reported Earnings • May 19Second quarter 2024 earnings released: EPS: JP¥158 (vs JP¥206 in 2Q 2023)Second quarter 2024 results: EPS: JP¥158 (down from JP¥206 in 2Q 2023). Revenue: JP¥297.9b (up 1.5% from 2Q 2023). Net income: JP¥18.9b (down 24% from 2Q 2023). Profit margin: 6.3% (down from 8.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Declared Dividend • May 17Dividend of JP¥83.00 announcedShareholders will receive a dividend of JP¥83.00. Ex-date: 27th September 2024 Payment date: 23rd December 2024 Dividend yield will be 309%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (18% earnings payout ratio) but not covered by cash flows (184% cash payout ratio). The dividend has increased by an average of 36% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend.
お知らせ • May 16+ 2 more updatesOpen House Group Co., Ltd. (TSE:3288) announces an Equity Buyback for 2,500,000 shares, representing 2.11% for ¥10,000 million.Open House Group Co., Ltd. (TSE:3288) announces a share repurchase program. Under the program, the company will repurchase up to 2,500,000 shares, representing 2.11% of its total shares outstanding (excluding treasury shares), for a total of ¥10,000 million. The purpose of repurchase program is to implement flexible capital policy and improve shareholder value. The repurchase program is valid till September 30, 2024. As of May 15, 2024, the company has 118,431,073 shares outstanding excluding treasury shares and has 2,205,327 shares in treasury.
お知らせ • Mar 31Open House Group Co., Ltd. to Report Q2, 2024 Results on May 15, 2024Open House Group Co., Ltd. announced that they will report Q2, 2024 results on May 15, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥83.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 12 June 2024. Payout ratio is a comfortable 18% but the company is paying out more than the cash it is generating. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.4%).
Reported Earnings • Feb 16First quarter 2024 earnings released: EPS: JP¥274 (vs JP¥163 in 1Q 2023)First quarter 2024 results: EPS: JP¥274 (up from JP¥163 in 1Q 2023). Revenue: JP¥304.8b (up 23% from 1Q 2023). Net income: JP¥33.0b (up 68% from 1Q 2023). Profit margin: 11% (up from 7.9% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
New Risk • Feb 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (186% cash payout ratio). Share price has been volatile over the past 3 months (7.1% average weekly change).
お知らせ • Dec 28Open House Group Co., Ltd. to Report Q1, 2024 Results on Feb 14, 2024Open House Group Co., Ltd. announced that they will report Q1, 2024 results on Feb 14, 2024
お知らせ • Dec 20Open House Group Co., Ltd. Announces Changes in Executive StructureOpen House Group Co., Ltd. informed that the following executive structure has been determined by the resolution of the 27th Ordinary General Meeting of Shareholders and the Board of Directors meeting held on December 20, 2023, Ryosuke Fukuoka: Senior Managing Executive Officer, Akira Kuroda: Senior Managing Executive Officer, Shintaro Yoshida: Managing Executive Officer, Kenta Kikuchi: Managing Executive Officer, Rakuto Kuroyanagi: Executive Officer, Kenichiro Kimura: Executive Officer, Tomohiro Kawakami: Executive Officer, Takayuki Koshizuka: Executive Officer, Yasutaka Nomura: Executive Officer.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €24.60, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 11x in the Consumer Durables industry in Europe. Total loss to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €12.55 per share.
Reported Earnings • Nov 19Full year 2023 earnings released: EPS: JP¥764 (vs JP¥626 in FY 2022)Full year 2023 results: EPS: JP¥764 (up from JP¥626 in FY 2022). Revenue: JP¥1.15t (up 21% from FY 2022). Net income: JP¥92.1b (up 18% from FY 2022). Profit margin: 8.0% (down from 8.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
お知らせ • Nov 17Open House Group Co., Ltd. (TSE:3288) announces an Equity Buyback for 2,200,000 shares, representing 1.82% for ¥10,000 million.Open House Group Co., Ltd. (TSE:3288) announces a share repurchase program. Under the program, the company will repurchase up to 2,200,000 shares, representing 1.82% of its total shares outstanding excluding treasury shares, for a total of ¥10,000 million. The purpose of repurchase program is to implement flexible capital policy and improve shareholder value. The repurchase program is valid till April 30, 2024. As of November 14, 2023, the company has 120,588,100 shares outstanding excluding treasury shares and has 3,515 shares in treasury.
お知らせ • Nov 15Open House Group Co., Ltd., Annual General Meeting, Dec 20, 2023Open House Group Co., Ltd., Annual General Meeting, Dec 20, 2023.
お知らせ • Sep 27Open House Group Co., Ltd. to Report Fiscal Year 2023 Results on Nov 14, 2023Open House Group Co., Ltd. announced that they will report fiscal year 2023 results on Nov 14, 2023
Upcoming Dividend • Sep 21Upcoming dividend of JP¥92.00 per share at 3.2% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 22 December 2023. Payout ratio is a comfortable 1.5% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.1%).
お知らせ • Aug 18Open House Group Co., Ltd. (TSE:3288) made an offer to acquire Sanei Architecture Planning Co.,Ltd. (TSE:3228) for ¥43 billion.Open House Group Co., Ltd. (TSE:3288) made an offer to acquire Sanei Architecture Planning Co.,Ltd. (TSE:3228) from a group of shareholders for ¥43 billion on August 16, 2023. As per the transaction, Open House Group Co., Ltd. will pay ¥2025 per share to the shareholders of Sanei Architecture Planning Co.,Ltd. The transaction is subject to minimum tender. The transaction is expected to close on September 28, 2023. SMBC Nikko Securities Inc. acted as financial advisor to Open House Group Co., Ltd. City-Yuwa Partners acted as legal advisor and fairness opinion provider and Frontier Management Inc. Fairness arm acted as financial advisor to Sanei Architecture Planning Co.,Ltd.
Reported Earnings • Aug 15Third quarter 2023 earnings released: EPS: JP¥141 (vs JP¥134 in 3Q 2022)Third quarter 2023 results: EPS: JP¥141 (up from JP¥134 in 3Q 2022). Revenue: JP¥243.5b (up 15% from 3Q 2022). Net income: JP¥17.0b (up 1.6% from 3Q 2022). Profit margin: 7.0% (down from 7.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year.
New Risk • Aug 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (24% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (2.7% increase in shares outstanding).
お知らせ • Jun 26Open House Group Co., Ltd. to Report Q3, 2023 Results on Aug 14, 2023Open House Group Co., Ltd. announced that they will report Q3, 2023 results on Aug 14, 2023
お知らせ • May 17Open House Group Co., Ltd. Provides Special Dividend Guidance for the Year Ending September 30, 2023Open House Group Co., Ltd. provided special dividend guidance for the year ending September 30, 2023. For the year, the company expects to pay special dividend of JPY 10.00 per share. The special dividend for the fiscal year ending September 30, 2023 (forecast) is due to the commemoration of the 10th anniversary of the company's listing and the achievement of JPY 1 trillion in net sales.
Reported Earnings • May 17Second quarter 2023 earnings released: EPS: JP¥206 (vs JP¥134 in 2Q 2022)Second quarter 2023 results: EPS: JP¥206 (up from JP¥134 in 2Q 2022). Revenue: JP¥293.6b (up 33% from 2Q 2022). Net income: JP¥24.8b (up 47% from 2Q 2022). Profit margin: 8.5% (up from 7.7% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Consumer Durables industry in Germany.
お知らせ • May 16+ 1 more updateOpen House Group Co., Ltd. Announces Revision of Annual Dividend Forecasts for Financial Year Ending September 30, 2023Open House Group Co., Ltd. announced annual dividend forecasts for Financial year ending September 30, 2023 OF JPY 92.00 per share as compared to JPY 82.00 forecasted previously.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥72.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 12 June 2023. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.1%).
Reported Earnings • Feb 18First quarter 2023 earnings released: EPS: JP¥163 (vs JP¥180 in 1Q 2022)First quarter 2023 results: EPS: JP¥163 (down from JP¥180 in 1Q 2022). Revenue: JP¥248.2b (up 5.5% from 1Q 2022). Net income: JP¥19.6b (down 13% from 1Q 2022). Profit margin: 7.9% (down from 9.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Durables industry in Germany.
お知らせ • Feb 15+ 3 more updatesOpen House Group Co., Ltd. Provides Special Dividend Guidance for the Year Ending September 30, 2023Open House Group Co., Ltd. provided special dividend guidance for the year ending September 30, 2023. For the year, the company expects to pay special dividend of JPY 10.00 per share. The special dividend for the fiscal year ending September 30, 2023 (forecast) is due to the commemoration of the 10th anniversary of the company's listing and the achievement of JPY 1 trillion in net sales.
Reported Earnings • Dec 27Full year 2022 earnings released: EPS: JP¥626 (vs JP¥552 in FY 2021)Full year 2022 results: EPS: JP¥626 (up from JP¥552 in FY 2021). Revenue: JP¥952.7b (up 18% from FY 2021). Net income: JP¥77.9b (up 12% from FY 2021). Profit margin: 8.2% (down from 8.6% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Durables industry in Germany.
お知らせ • Dec 26Open House Group Co., Ltd. to Report Q1, 2023 Results on Feb 14, 2023Open House Group Co., Ltd. announced that they will report Q1, 2023 results on Feb 14, 2023
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. No independent directors (6 non-independent directors). President & Representative Director Kazuhiko Kamata was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
お知らせ • Nov 15+ 2 more updatesOpen House Group Co., Ltd. Provides Special Dividend Guidance for the Year Ending September 30, 2023Open House Group Co., Ltd. provided special dividend guidance for the year ending September 30, 2023. For the period, the company expected special dividend of JPY 10 per share.
お知らせ • Nov 14Open House Group Co., Ltd., Annual General Meeting, Dec 21, 2022Open House Group Co., Ltd., Annual General Meeting, Dec 21, 2022. Agenda: Annual General Meeting.
お知らせ • Sep 28Open House Group Co., Ltd. to Report Fiscal Year 2022 Results on Nov 14, 2022Open House Group Co., Ltd. announced that they will report fiscal year 2022 results on Nov 14, 2022
Upcoming Dividend • Sep 22Upcoming dividend of JP¥67.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 23 December 2022. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (3.9%).
お知らせ • Sep 16Open House Group Co., Ltd. Announces Revision to Dividend Forecast for the Financial Year 2022 Ending September 30, 2022Open House Group Co., Ltd. announced Revision to dividends forecast for financial year 2022 (October 1, 2021 - September 30, 2022) of JPY 67.00 per share compared JPY 62.00 per share forecasted previously.
Reported Earnings • Aug 14Third quarter 2022 earnings released: EPS: JP¥134 (vs JP¥145 in 3Q 2021)Third quarter 2022 results: EPS: JP¥134 (down from JP¥145 in 3Q 2021). Revenue: JP¥211.7b (down 3.7% from 3Q 2021). Net income: JP¥16.7b (down 8.5% from 3Q 2021). Profit margin: 7.9% (down from 8.3% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 15%, compared to a 3.5% growth forecast for the industry in Germany.
お知らせ • Aug 13+ 1 more updateOpen House Group Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending September 30, 2022Open House Group Co., Ltd. provided dividend guidance for the fiscal year ending September 30, 2022. For the year-end, the company expects to pay cash dividend of JPY 62.00 per share against JPY 62.00 per share paid a year ago.
お知らせ • Jul 03Open House Group Co., Ltd. to Report Q3, 2022 Results on Aug 12, 2022Open House Group Co., Ltd. announced that they will report Q3, 2022 results on Aug 12, 2022
Reported Earnings • May 16Second quarter 2022 earnings released: EPS: JP¥134 (vs JP¥142 in 2Q 2021)Second quarter 2022 results: EPS: JP¥134 (down from JP¥142 in 2Q 2021). Revenue: JP¥220.2b (up 5.4% from 2Q 2021). Net income: JP¥16.9b (down 5.8% from 2Q 2021). Profit margin: 7.7% (down from 8.6% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.9%, compared to a 7.1% growth forecast for the industry in Germany.
お知らせ • May 14+ 1 more updateOpen House Co., Ltd. Revises Consolidated Earnings Guidance for the Full Year of Fiscal Year Ending September 30, 2022Open House Co., Ltd. revised consolidated earnings guidance for the full year of fiscal year ending September 30, 2022. For the full year, the company expects revenue to be JPY 935,000 million as previously announced JPY 920,000 Operating income to be JPY 116,000 million as previously announced JPY 112,000. Profit attributable to owners of parent to be JPY 75,700 million as previously announced JPY 72,000. EPS to be JPY 600.15 as previously announced JPY 570.91.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. No independent directors (6 non-independent directors). President & Representative Director Kazuhiko Kamata was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
お知らせ • Apr 08Open House Group Co., Ltd. to Report Q2, 2022 Results on May 13, 2022Open House Group Co., Ltd. announced that they will report Q2, 2022 results on May 13, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥62.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 13 June 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (3.6%). In line with average of industry peers (2.3%).
Reported Earnings • Feb 17First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2022 results: EPS: JP¥180 (up from JP¥118 in 1Q 2021). Revenue: JP¥235.3b (up 52% from 1Q 2021). Net income: JP¥22.7b (up 53% from 1Q 2021). Profit margin: 9.6% (in line with 1Q 2021). Revenue exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 6.5%, compared to a 7.3% growth forecast for the industry in Germany.
Reported Earnings • Dec 28Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥552 (up from JP¥525 in FY 2020). Revenue: JP¥810.5b (up 41% from FY 2020). Net income: JP¥69.6b (up 17% from FY 2020). Profit margin: 8.6% (down from 10% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 14%, compared to a 4.0% growth forecast for the industry in Germany.
Reported Earnings • Nov 14Full year 2021 earnings released: EPS JP¥552 (vs JP¥525 in FY 2020)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2021 results: Revenue: JP¥810.5b (up 41% from FY 2020). Net income: JP¥69.6b (up 17% from FY 2020). Profit margin: 8.6% (down from 10% in FY 2020). The decrease in margin was driven by higher expenses.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥62.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 24 December 2021. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.2%).
Reported Earnings • Aug 18Third quarter 2021 earnings released: EPS JP¥145 (vs JP¥215 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥219.8b (up 81% from 3Q 2020). Net income: JP¥18.3b (down 23% from 3Q 2020). Profit margin: 8.3% (down from 20% in 3Q 2020). The decrease in margin was driven by higher expenses.
Reported Earnings • May 17Second quarter 2021 earnings released: EPS JP¥142 (vs JP¥75.46 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥208.8b (up 55% from 2Q 2020). Net income: JP¥17.9b (up 115% from 2Q 2020). Profit margin: 8.6% (up from 6.2% in 2Q 2020). The increase in margin was driven by higher revenue.
お知らせ • May 15+ 1 more updateOpen House Co., Ltd. Provides Earnings Guidance for the Year Ending September 30, 2021Open House Co., Ltd. provided earnings guidance for the year ending September 30, 2021. For the year, the company expects revenue of JPY 788,000 million, operating profit of JPY 96,000 million, profit attributable to owners of parent of JPY 67,000 million and earnings per share of JPY 532.39.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 11 June 2021. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (2.2%).
Analyst Estimate Surprise Post Earnings • Feb 14Revenue beats expectationsRevenue exceeded analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 38%, compared to a 7.2% growth forecast for the Consumer Durables industry in Germany.
Reported Earnings • Feb 14First quarter 2021 earnings released: EPS JP¥118 (vs JP¥88.56 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥155.1b (up 22% from 1Q 2020). Net income: JP¥14.8b (up 52% from 1Q 2020). Profit margin: 9.6% (up from 7.7% in 1Q 2020). The increase in margin was driven by higher revenue.
Is New 90 Day High Low • Feb 03New 90-day high: €33.80The company is up 15% from its price of €29.40 on 04 November 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.39 per share.
Is New 90 Day High Low • Jan 19New 90-day high: €33.40The company is up 12% from its price of €29.80 on 21 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.27 per share.
お知らせ • Dec 30Open House Co., Ltd. to Report Q1, 2021 Results on Feb 12, 2021Open House Co., Ltd. announced that they will report Q1, 2021 results on Feb 12, 2021
Reported Earnings • Dec 26Full year 2020 earnings released: EPS JP¥525The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥576.0b (up 6.6% from FY 2019). Net income: JP¥59.5b (up 51% from FY 2019). Profit margin: 10% (up from 7.3% in FY 2019). The increase in margin was driven by higher revenue.
Analyst Estimate Surprise Post Earnings • Dec 26Revenue beats expectationsRevenue exceeded analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 19% compared to a 32% decline forecast for the Real Estate industry in Germany.
Reported Earnings • Nov 15Full year 2020 earnings released: EPS JP¥525The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥576.0b (up 6.6% from FY 2019). Net income: JP¥59.5b (up 51% from FY 2019). Profit margin: 10% (up from 7.3% in FY 2019). The increase in margin was driven by higher revenue.
Analyst Estimate Surprise Post Earnings • Nov 15Revenue beats expectationsRevenue exceeded analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 8.3% compared to a 32% decline forecast for the Real Estate industry in Germany.
お知らせ • Nov 15Open House Co., Ltd., Annual General Meeting, Dec 23, 2020Open House Co., Ltd., Annual General Meeting, Dec 23, 2020.
お知らせ • Nov 14Open House Co., Ltd. (TSE:3288) made an offer to acquire an additional 30.8% stake in Pressance Corporation (TSE:3254) for ¥36.8 billion.Open House Co., Ltd. (TSE:3288) made an offer to acquire an additional 30.8% stake in Pressance Corporation (TSE:3254) for ¥36.8 billion on November 13, 2020. Under the terms of the offer, Open House Co., Ltd. will acquire 19.9 million shares of Pressance Corporation and pay ¥1850 per share of common stock. Consideration will be payable by own funds. Post-closing, Pressance Corporation will be a consolidated subsidiary of Open House Co., Ltd. The planned tender offer period will start from November 16, 2020 and planned tender offer period will terminate on January 14, 2021. The Board of Directors of Pressance Corporation in a meeting held on November 13, 2020, expressed its support and resolved for the tender offer and resolved to leave the decision of our shareholders to decide whether or not to apply for the tender offer. Nishimura & Asahi acted as the legal advisor, Plutus Consulting acted as the third party calculation institution for Pressance Corporation. SMBC Nikko Securities Inc. acted as the third party calculation institution and tender offer agent for Pressance Corporation.
Is New 90 Day High Low • Nov 06New 90-day high: €31.00The company is up 25% from its price of €24.80 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.13 per share.
お知らせ • Sep 03Open House Co., Ltd. to Report Fiscal Year 2020 Results on Nov 13, 2020Open House Co., Ltd. announced that they will report fiscal year 2020 results on Nov 13, 2020
