Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Open House Co ( (JP:3288) ) has provided an update.
Open House Group reported record-high net sales of ¥689.1 billion and operating profit of ¥84.3 billion for the second quarter of FY2026, with profit attributable to owners of the parent reaching ¥57.0 billion. The company exceeded its interim profit forecasts and achieved year-on-year growth in net sales and profits exceeding 107 percent and 114 percent respectively.
Buoyed by strong performance in its single-family home-related business, where sales contracts have remained at elevated levels for three consecutive quarters, Open House revised its full-year FY2026 guidance upward within a range to account for geopolitical uncertainty in the Middle East. The company now targets annual net sales of around ¥1.49 trillion and operating profit of up to ¥180 billion, while keeping its planned dividend per share unchanged at ¥200, signaling confidence in earnings momentum and shareholder returns.
More about Open House Co
Open House Group Co., Ltd. is a Japan-listed real estate company focused on single-family home-related businesses. The group generates net sales primarily from housing sales and development, and is positioned as a major player in the domestic residential property market, with its shares traded on the Tokyo Stock Exchange under the code 3288.
YTD Price Performance: -0.38%
Average Trading Volume: 330,537
Technical Sentiment Signal: Buy
Current Market Cap: Yen1059.7B
Learn more about 3288 stock on TipRanks’ Stock Analysis page.