Open House Group Co., Ltd.
Financial Results Presentation for Q1 FY2026 Ending September
Net sales for Q1 FY2026 ending September reached 329.8 billion yen (104.3% YoY), operating income was 40.2 billion yen (117.3% YoY), and net income attributable to owners of parent was 27.4 billion yen (119.6% YoY), all marking record highs. Full-year earnings guidance was also revised upward, with net sales at 1.485 trillion yen, operating income at 174.5 billion yen, and net income at 115.5 billion yen.
Key Figures
- Q1 FY2026 Net Sales: 329.8 billion yen (104.3% Year-over-Year)
- Q1 FY2026 Operating Income: 40.2 billion yen (117.3% Year-over-Year)
- Q1 FY2026 Net Income Attributable to Owners of Parent: 27.4 billion yen (119.6% Year-over-Year)
- Full-Year FY2026 Net Sales Forecast: 1.485 trillion yen (111.1% Year-over-Year)
- Full-Year FY2026 Operating Income Forecast: 174.5 billion yen (119.6% Year-over-Year)
- Full-Year FY2026 Net Income Forecast: 115.5 billion yen (114.7% Year-over-Year)
- Annual Dividend per Share: 200 yen (+22 yen from previous fiscal year)
- Share Buyback Amount: 25 billion yen (Planned)
AI要約
Overview of Performance
In Q1 FY2026 ending September, net sales reached 329.8 billion yen (104.3% YoY), operating income was 40.2 billion yen (117.3% YoY), and net income attributable to owners of parent was 27.4 billion yen (119.6% YoY), all setting record highs. The detached housing segment declined YoY in Q1 due to the time lag from contract to delivery, but a 15% increase is expected in Q2. The condominium business maintained a steady contract progress rate of 90%, and the income-producing real estate segment saw a 64.4% YoY increase, reflecting strong demand. U.S. real estate continues active asset diversification, maintaining 6,200 managed properties with total assets under management exceeding 350 billion yen.
Earnings Guidance and Shareholder Returns
The earnings forecast for Q2 and the full fiscal year was revised upward, with full-year net sales projected at 1.485 trillion yen (111.1% YoY), operating income at 174.5 billion yen (119.6% YoY), and net income at 115.5 billion yen (114.7% YoY). The dividend forecast was also raised to an annual dividend of 200 yen per share, maintaining a total shareholder return ratio of over 40%. Share Buyback of 25 billion yen is planned to strengthen shareholder returns. Financially, the company maintains a sound condition with equity ratio at 38.7% and net D/E ratio of 0.7 times.
