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Open House Group Revises Financial Forecast, Projects Record Profits

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Open House Group Revises Financial Forecast, Projects Record Profits

Elevate Your Investing Strategy:

Open House Co ( (JP:3288) ) just unveiled an announcement.

Open House Group Co., Ltd. has revised its consolidated financial forecast for FY 2025, reflecting better-than-expected performance in the second quarter, driven by stable urban demand and strategic profit margin improvements. The company anticipates achieving record-high figures in net sales and profits, with a significant milestone of 100 billion yen in profit attributable to owners, following the complete acquisition of PRESSANCE CORPORATION Co., Ltd.

More about Open House Co

Open House Group Co., Ltd. operates in the real estate industry, primarily focusing on urban housing solutions. The company is known for its Single-Family Home Business segment and is actively involved in the Tokyo metropolitan area, where it benefits from stable demand and rising condominium prices.

YTD Price Performance: 16.09%

Technical Sentiment Signal: Sell

Current Market Cap: $4.67B

For a thorough assessment of 3288 stock, go to TipRanks’ Stock Analysis page.

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