Open House Co., Ltd. Provides Earnings Guidance for the First Half of 2020
March 18, 2020 at 04:30 am EDT
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Open House Co., Ltd. announced that its performance for the first half of 2020 is expected to surpass its earnings plan in particular, with an increasing number of sales contracts made in and after January, although attention needs to be paid to the impact of the current coronavirus outbreak on its performance for the second half.
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.