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Open Door
(3926)
Open Door (3926) vs. iShares MSCI Japan ETF (EWJ)
Open Door Business Overview & Revenue Model
Open Door Financial Statement Overview
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.38B | 2.41B | 2.56B | 2.06B | 1.20B | 1.12B |
| Gross Profit | 1.41B | 1.44B | 1.67B | 1.22B | 539.41M | 475.04M |
| EBITDA | -82.59M | -73.02M | -143.16M | -14.49M | -583.14M | -707.01M |
| Net Income | -146.63M | -120.69M | -170.16M | -44.66M | -544.80M | -652.16M |
Balance Sheet | ||||||
| Total Assets | 4.68B | 4.80B | 5.66B | 6.40B | 5.37B | 6.71B |
| Cash, Cash Equivalents and Short-Term Investments | 2.11B | 2.21B | 2.63B | 2.99B | 3.02B | 2.92B |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 461.94M | 457.53M | 551.89M | 734.36M | 281.18M | 496.10M |
| Stockholders Equity | 4.21B | 4.34B | 5.11B | 5.67B | 5.09B | 6.21B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -24.24M | -351.07M | -21.89M | 101.51M | -1.21B |
| Operating Cash Flow | 0.00 | -4.68M | -313.00M | -7.33M | 117.73M | -1.15B |
| Investing Cash Flow | 0.00 | -413.88M | -48.08M | -23.99M | -17.10M | -1.58B |
| Financing Cash Flow | 0.00 | -21.00K | -34.00K | 0.00 | -165.00K | 0.00 |
Open Door Technical Analysis
Open Door Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | ¥31.66B | 7.68 | ― | 0.11% | 31.33% | 34.22% | |
67 Neutral | ¥278.52B | 21.83 | ― | ― | 23.28% | 26.56% | |
64 Neutral | ¥3.32B | -147.16 | ― | ― | -5.08% | -180.19% | |
62 Neutral | ¥19.63B | 249.93 | ― | ― | 28.90% | 29.06% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
55 Neutral | ¥10.30B | -2.49 | -28.52% | ― | -1.93% | 14.92% | |
54 Neutral | ¥40.08B | 58.36 | ― | ― | 22.37% | 655.34% |
Open Door Corporate Events
OpenDoor Inc. has received approval from the Tokyo Stock Exchange to transfer its listing from the Prime Market to the Standard Market, effective March 25, 2026, and has simultaneously withdrawn its previously announced plan to meet the Prime Market’s continued listing standards. Management emphasized that the shift in market segment will not alter the company’s growth ambitions, business strategies, or governance focus, and pledged to pursue sustainable growth, medium- to long-term value enhancement, and active investor relations to maintain market confidence despite the downgrade in listing tier.
The company framed the Standard Market as a venue for issuers with adequate liquidity and governance, suggesting the move is a strategic realignment rather than a retreat from capital market discipline. By stressing management practices that are conscious of the share price and ongoing efforts to improve corporate governance, OpenDoor aims to reassure shareholders and stakeholders that corporate value creation remains a priority even as it steps down from the TSE’s top-tier Prime Market.
The most recent analyst rating on (JP:3926) stock is a Hold with a Yen371.00 price target. To see the full list of analyst forecasts on Open Door stock, see the JP:3926 Stock Forecast page.
OpenDoor Inc. released its financial results for the third quarter of the fiscal year ending March 2026, outlining recent performance and key initiatives. The company also discussed market trends in leisure travel by Japanese travelers, its financial outlook for the full fiscal year, and future growth measures, signaling an emphasis on adapting to travel demand and reinforcing its competitive position.
The disclosure highlights management’s focus on aligning operations with evolving leisure travel patterns and strengthening its market presence. Investors and industry stakeholders are given indications of how OpenDoor aims to capture growth opportunities in the Japanese travel market while managing performance through the remainder of the fiscal year.
The most recent analyst rating on (JP:3926) stock is a Hold with a Yen363.00 price target. To see the full list of analyst forecasts on Open Door stock, see the JP:3926 Stock Forecast page.
OpenDoor Inc., a Tokyo Stock Exchange Prime-listed company, operates in Japan’s digital services sector and is led by President and CEO Daisuke Sekine and CFO Hideaki Suzuki. The company’s structure and listing status position it within the cohort of Japanese technology-related firms leveraging capital markets to support growth and governance.
The company has finalized the details of a new stock option program, issuing 288 share acquisition rights to nine employees and directors at a wholly owned subsidiary, convertible into 28,800 common shares at an exercise price of ¥35,300 per right. The initiative is designed to strengthen incentives and align key personnel with shareholder interests, potentially enhancing retention, performance, and the group’s long-term competitiveness in its market.
The most recent analyst rating on (JP:3926) stock is a Hold with a Yen356.00 price target. To see the full list of analyst forecasts on Open Door stock, see the JP:3926 Stock Forecast page.
OpenDoor Inc. has approved the issuance of 288 units of share acquisition rights as stock options, covering up to 28,800 common shares, to its employees and directors of wholly owned subsidiaries at no upfront cost. The plan is designed to tie compensation to long‑term share performance, strengthen motivation and cohesion across the group, and align internal stakeholders with the company’s medium‑ to long‑term growth and corporate value, with detailed provisions set for exercise price adjustments and an exercise window running from March 2030 to February 2033.
The most recent analyst rating on (JP:3926) stock is a Hold with a Yen336.00 price target. To see the full list of analyst forecasts on Open Door stock, see the JP:3926 Stock Forecast page.
OpenDoor Inc. has decided to suspend its shareholder benefit program for investors on record at the end of March 2026, following a resolution by its Board of Directors on February 6, 2026. The suspended benefit is a QUO card worth 1,000 yen that had been granted to shareholders holding at least one trading unit, or 100 shares. The decision reflects management’s response to the company’s financial results for the first nine months of the current fiscal year, with the board prioritizing financial discipline over continued distribution of non-cash perks. OpenDoor emphasized its intention to focus on enhancing corporate value and indicated that the future of shareholder benefits from the fiscal year ending March 2027 onward will be determined after assessing business conditions, leaving the door open to potential changes in its capital return and investor relations strategy.
The most recent analyst rating on (JP:3926) stock is a Hold with a Yen336.00 price target. To see the full list of analyst forecasts on Open Door stock, see the JP:3926 Stock Forecast page.
OpenDoor Inc. has booked an extraordinary loss of ¥952 million for the nine months ended December 31, 2025, after a significant decline in the fair value of investment securities it holds triggered an impairment charge. The loss is incorporated into the company’s consolidated third-quarter financial results for the fiscal year ending March 31, 2026, and management cautions that the final amount may change by year-end because the impairment is subject to quarterly reversal depending on the securities’ fair value at the close of March 2026, introducing potential volatility in reported earnings and added uncertainty for investors tracking the company’s financial performance.
The most recent analyst rating on (JP:3926) stock is a Hold with a Yen336.00 price target. To see the full list of analyst forecasts on Open Door stock, see the JP:3926 Stock Forecast page.
OpenDoor Inc. reported consolidated net sales of ¥1,825 million for the nine months ended December 31, 2025, essentially flat year-on-year, but slipped deeper into the red with an operating loss of ¥93 million and a loss attributable to owners of the parent of ¥1,094 million, resulting in a significantly wider per-share loss. Total assets and net assets both declined from the prior fiscal year-end and the equity ratio fell from 90.1% to 86.3%, while the company maintained a zero-dividend policy and refrained from issuing a full-year earnings forecast for the period ending March 31, 2026, citing considerable uncertainty, leaving investors without clear guidance on when profitability might recover.
The most recent analyst rating on (JP:3926) stock is a Hold with a Yen336.00 price target. To see the full list of analyst forecasts on Open Door stock, see the JP:3926 Stock Forecast page.