Open House Group forecasts record ¥120 billion annual profit, plans dividend increase and buyback

Open House Group announced a forecast for record consolidated net profit of ¥120 billion for the year ending September 2027, up 1%, with rising demand for affordable detached homes and new condominiums expected to support earnings. It projects revenue of ¥1.64 trillion, up 11%, and operating profit of ¥185 billion, up 2%. The company also plans an annual dividend of ¥220 per share, up ¥15, and a buyback of up to ¥25 billion.