Open House : FY2021 Consolidated Financial Highlights
November 24, 2021 at 07:50 am IST
Share
Business
performance
FY2021
Performance
forecasts FY2022
Revenue increased drastically from the ¥500 billion level to the ¥800 billion level.
Actual
Revenue:
¥
810.5 billion
[ 40.7% YOY ]
Operating income:
¥
101.1 billion
[ 62.7% YOY ]
Profit attributable to owners of parent :
¥
69.5 billion
[ 17.0% YOY ]
Aiming to achieve record highs in revenue and income for the tenth
consecutive year.
Forecast
Revenue:
¥ 920.0 billion
[ 13.5% YOY ]
Operating income:
¥ 112.0 billion
[ 10.8% YOY ]
Ordinary income:
¥ 108.9 billion
[ 11.6% YOY ]
The Mid-term Business Plan
"Ikouze 1 cho!, 2023" ― "Jump to 1 trillion, 2023" (FY2021-FY2023)
Steady increase toward realizing revenue of over ¥1 trillion in FY2023.
2
Revenue and operating income continued to post new record highs for nine consecutive years since the
Company's listing in FY2013.
Revenue expanded 8 times, operating income was up 10 times, and dividend per share grew 18 times
(compared with the levels of FY2013).
810.5
200
140
180
120
Revenue (billion yen)
540.3
575.9
101.1
160
140
100
Operating income (billion yen)
120
Annual dividends per share (yen)
390.7
80
100
304.6
62.1
112.00
60
247.2
57.7
80
47.3
80.00
179.3
37.6
60
40
31.3
63.00
112.1
96.9
21.3
40
49.00
20
10.1
13.7
32.50
20
6.25
25.00
10.00
15.00
0
0
FY2013
FY2014
FY2015
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
(Note) Since the Company executed a two-for-one stock split in FY2015 and FY2019, the stock price and dividend are calculated on the assumption that the stock split took place in FY2013.
3
Revenue was ¥810.5 billion and operating income was ¥101.1 billion, reflecting significant increases in both revenue and income.
Strong sales of single-family homes and consolidation of Pressance Corporation drove the results.
(Million yen)
FY2020
FY2021
<2019/10-2020/09>
<2020/10-2021/09>
Inc.(Dec.)
Actual
% of revenue
Actual
% of revenue
Revenue
575,951
-
810,540
-
40.7%
Operating income
62,129
10.8%
101,103
12.5%
62.7%
Ordinary income
77,357
13.4%
97,590
12.0%
26.2%
Profit attributable to owners
59,491
10.3%
69,582
8.6%
17.0%
of parent
Amount equivalent to negative
13,708
4,380
(9,327)
goodwill *
FY2020 : Amount equivalent to negative goodwill in conjunction with the acquisition of Pressance Corporation included in the share of profit of entities accounted for using equity method.
FY2021 : Difference between gain on bargain purchase and loss on step acquisitions
Substantial growth of 42% if excluding the impact of negative goodwill
5
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Open House Co. Ltd. published this content on 24 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2021 02:19:03 UTC.
Open House Group Co Ltd is a Japan-based company primarily engaged in the real estate related business. The Company operates through four business segments. The Detached Houses segment is engaged in the brokerage (open house), city center detached house sales (open house development), construction contract (open house architect), and quasi-city center detached house sales (Hawk One). The Profitable Real Estate Business segment is engaged in the acquisition, operation, sales of domestic profitable real estate. The Condominium Business segment is engaged in the development and sales of new condominiums. It works on compact type and family type condominiums mainly in the central areas of Tokyo, Nagoya and Fukuoka areas. The Other segments include mortgage business, financial services business, real estate market analysis and real estate sales in the United States.