Open House Co.,Ltd. Reports Consolidated Earnings Results for the First Quarter Ended December 31, 2015; Provides Earnings Guidance for the Six Months of 2016; Provides Earnings Guidance for the Year Ending September 30, 2016; Provides Dividend Guidance for the Year Ending September 30, 2016
February 12, 2016
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Open House Co.,Ltd. reported consolidated earnings results for the first quarter ended December 31, 2015. For the quarter, the company reported revenue of ¥61,049 million against ¥29,035 million a year ago. Operating income was ¥8,509 million against ¥2,729 million a year ago. Ordinary income was ¥8,331 million against ¥2,545 million a year ago. Profit attributable to owners of parent was ¥5,370 million or ¥94.91 per share against ¥1,624 million or ¥28.30 per share a year ago. Diluted EPS were ¥94.57. Income before income taxes and minority interests was ¥8,331 million against ¥2,545 million a year ago.
For the six months of 2016, the company expects revenue of ¥107,000 million, operating income of ¥11,200 million, ordinary income of ¥10,700 million, profit attributable to owners of parent of ¥6,900 million or ¥121.94 per share.
For the year ending September 30, 2016, the company expects revenue of ¥240,000 million, operating income of ¥25,000 million, ordinary income of ¥24,000 million, profit attributable to owners of parent of ¥15,500 million or ¥273.92 per share.
For the year ending September 30, 2016, the company expects to pay dividend of ¥40.00 per share against ¥30.00 per share a year ago.
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.
Open House Co.,Ltd. Reports Consolidated Earnings Results for the First Quarter Ended December 31, 2015; Provides Earnings Guidance for the Six Months of 2016; Provides Earnings Guidance for the Year Ending September 30, 2016; Provides Dividend Guidance for the Year Ending September 30, 2016