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Consumer Durables

Open House Group Co., Ltd.

Business Summary

Open House Group Co., Ltd. engages in real estate agency and brokerage business. It operates through the following segments: Single-Family Homes Related Business, Condominiums, Property Resale, Others, and Pressance Corporation. The Single-Family Homes Related Business segment offers brokerage and construction work of single-family homes. The Condominiums segment develops and sells new condominiums. The Property Resale segment handles the acquisition, operation, and sale of profitable real estate. The Others segment includes consulting, financial services, and property management of real estate business in the United States. The Pressance Corporation segment sells condominiums. The company was founded in September 1997 and is headquartered in Tokyo, Japan.

Financial Highlights

Sep 2021 JPYUSD
Revenue810,540M7,537.74M
Gross Profit155,316M1,444.38M
Operating income101,105M940.24M
Income before tax101,970M948.28M
Net income69,582M647.08M
EBITDA102,481M953.03M
Diluted EPS550.415.11
Dividends Per Share1121.04
Total Assets879,913M7,886.29M
Total liabilities532,766M4,774.95M
Total equity294,361M2,638.23M
Operating cash flow50,123M466.12M
Currency in JPYCurrency in USD

Historical Data

 Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021
Revenue 304,651M 390,735M 540,376M 575,951M 810,540M
Gross Profit 56,119M 70,252M 89,661M 94,313M 155,316M
Operating income 36,726M 46,159M 55,963M 62,130M 101,105M
Income before tax 36,131M 45,456M 55,699M 77,357M 101,970M
Net income 24,797M 31,806M 39,405M 59,491M 69,582M
EBITDA 38,127M 47,861M 58,699M 63,066M 102,481M
Diluted EPS 220.38 282.87 349.08 522.36 550.41
Dividends Per Share 32.50 49 63 80 112
Total Assets 256,736M 393,655M 445,980M 569,139M 879,913M
Total liabilities 173,355M 280,174M 307,911M 335,441M 532,766M
Total equity 83,379M 106,545M 138,067M 233,695M 294,361M
Operating cash flow -799M -10,017M 14,344M 48,793M 50,123M
 Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021
Revenue 2,737.42M 3,537.24M 4,910.97M 5,341.36M 7,537.74M
Gross Profit 504.25M 635.97M 814.84M 874.65M 1,444.38M
Operating income 329.99M 417.86M 508.59M 576.19M 940.24M
Income before tax 324.65M 411.50M 506.19M 717.40M 948.28M
Net income 222.81M 287.93M 358.11M 551.71M 647.08M
EBITDA 342.58M 433.27M 533.46M 584.87M 953.03M
Diluted EPS 1.98 2.56 3.17 4.84 5.11
Dividends Per Share 0.29 0.44 0.57 0.74 1.04
Total Assets 2,280.77M 3,465.73M 4,126.57M 5,393.14M 7,886.29M
Total liabilities 1,540.04M 2,466.64M 2,849.04M 3,178.63M 4,774.95M
Total equity 740.71M 938.01M 1,277.51M 2,214.48M 2,638.23M
Operating cash flow -7.17M -90.68M 130.35M 452.50M 466.12M

Valuation Measures

Sep 2021
PER11.98
ROA9.60%
ROE26.35%
Operating margin12.47%
Profit margin8.58%

Key executives

  • President & Representative Director: Masaaki Arai
  • Chief Financial Officer & Senior Managing Director: Kotaro Wakatabi
  • Director & Vice President: Kazuhiko Kamata
  • Director & Senior Managing Executive Officer: Ryosuke Fukuoka

Shareholders

  • ARAI MASAAKI (36.3%)
  • Ichigo Asset Management International Pte Ltd. (8.5%)
  • TD Asset Management, Inc. (2.8%)
  • Nomura Asset Management Co., Ltd. (1.9%)
  • The Vanguard Group, Inc. (1.6%)
  • IMAMURA HITOSHI /OPEN HOUSE/ (1.6%)
  • FIL Investments (Japan) Ltd. (1.5%)
  • BlackRock Fund Advisors (1.2%)
  • Daiwa Asset Management Co. Ltd. (1.1%)
  • Norges Bank Investment Management (0.9%)

Contact Details

Related Companies

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  • Open House Restricted Stock Compensation Plan
  • Shanghai Inst of Architectural Design & Research Co., Ltd.
  • OH Real Estate Management KK
  • Open House Realty & Investments, Inc.
  • Open House Employee Stock Ownership Plan
  • Hawk ONE Corp.
  • Open House Architect Co. Ltd.
  • IBNet Co., Ltd.
  • Pressance Corporation

Competitors

  • Tokyu Fudosan Holdings Corp.
  • Mitsui Fudosan Co., Ltd.
  • Sumitomo Realty & Development Co., Ltd.
  • Tokyo Tatemono Co., Ltd.
  • Nomura Real Estate Holdings, Inc.
  • ORIX Corporation
  • Mitsubishi Estate Company, Limited
Last Updated on 4 Oct, 2022

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