Open House Co., Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending September 30, 2020
August 14, 2020 at 02:35 am EDT
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Open House Co., Ltd. provided consolidated earnings guidance for the full year ending September 30, 2020. For the year, the company expects consolidated revenue of JPY 570,000 million, operating income of JPY 62,000 million, ordinary income of JPY 77,000 million and profit attributable to owners of parent of JPY 59,000 million or JPY 533.45 per share.
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.