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Open House Co
(3288)
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Rating:66Neutral
Price Target:
¥8,008.00
▲(0.11% Upside)
Action:Downgraded
Date:08/04/26
The score is driven primarily by mixed financial performance (strong profitability and ROE but weaker revenue growth, cash flow conversion, and higher leverage). Valuation is a clear positive with a low P/E and decent yield, while technicals are neutral-to-soft as the stock trades below key moving averages.
Positive Factors
Profitability
Healthy gross, net, EBIT, and EBITDA margins indicate that Open House retains operational profitability across key stages of the business. This provides a stronger earnings base for the next several quarters and can help the company absorb moderate changes in demand or financing costs.
Negative Factors
Revenue Momentum
The sharp 30.3% decline in the revenue growth rate signals weaker sales momentum and creates uncertainty around the company’s ability to sustain expansion. Slower top-line growth can limit operating leverage, reduce the pace of profit growth, and make future performance more dependent on margins.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability
Healthy gross, net, EBIT, and EBITDA margins indicate that Open House retains operational profitability across key stages of the business. This provides a stronger earnings base for the next several quarters and can help the company absorb moderate changes in demand or financing costs.
Read all positive factors
Open House Co (3288) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥872.85B
Dividend Yield2.71%
Average Volume (3M)266.48K
Price to Earnings (P/E)7.7
Beta (1Y)0.41
Revenue Growth5.94%
EPS Growth21.18%
CountryJP
Employees6,620
SectorReal Estate
Sector Strength53
IndustryReal Estate - Diversified
Share Statistics
EPS (TTM)988.55
Shares Outstanding116,772,000
10 Day Avg. Volume285,370
30 Day Avg. Volume266,476
Financial Highlights & Ratios
PEG Ratio0.74
Price to Book (P/B)1.63
Price to Sales (P/S)0.66
P/FCF Ratio33.32
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)1,147.33
Revenue Forecast (FY)¥1.62T
Open House Co Business Overview & Revenue Model
Company Description
Open House Group Co., Ltd. is a diversified enterprise with its primary focus in the real estate sector, along with other business activities. The company's core operations include offering real estate brokerage and agency services. Additionally, ...
How the Company Makes Money
Open House primarily generates revenue from the sale of residential real estate (e.g., newly built homes and/or condominiums) to individual buyers, recognizing revenue when properties are delivered/closed. It also earns income from associated real...
Open House Co Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
65
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.42T | 1.34T | 1.30T | 1.15T | 952.69B | 810.54B |
| Gross Profit | 269.62B | 243.17B | 206.92B | 218.36B | 184.57B | 155.32B |
| EBITDA | 168.20B | 154.55B | 141.41B | 142.35B | 126.11B | 106.46B |
| Net Income | 111.32B | 100.67B | 92.92B | 92.05B | 77.88B | 69.58B |
Balance Sheet | ||||||
| Total Assets | 1.53T | 1.41T | 1.28T | 1.20T | 1.03T | 879.91B |
| Cash, Cash Equivalents and Short-Term Investments | 366.41B | 421.90B | 409.96B | 401.88B | 349.31B | 337.73B |
| Total Debt | 802.89B | 720.06B | 611.77B | 575.14B | 508.96B | 437.18B |
| Total Liabilities | 941.35B | 873.16B | 746.17B | 718.25B | 635.47B | 532.77B |
| Stockholders Equity | 588.45B | 538.63B | 464.72B | 416.60B | 338.09B | 294.36B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 26.42B | 99.92B | 11.01B | -19.50B | 48.34B |
| Operating Cash Flow | 0.00 | 29.53B | 104.76B | 17.39B | -16.36B | 50.12B |
| Investing Cash Flow | 0.00 | -11.11B | -22.06B | -35.01B | -4.88B | 23.54B |
| Financing Cash Flow | 0.00 | -2.96B | -69.78B | 48.54B | 25.21B | 40.59B |
Open House Co Technical Analysis
Neutral
7999.00
Price Trends
7778.85
Negative
8091.06
Negative
8847.97
Negative
Market Momentum
-81.34
Negative
50.69
Neutral
65.06
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3288, the sentiment is Neutral. The current price of 7999 is above the 20-day moving average (MA) of 7467.10, above the 50-day MA of 7778.85, and below the 200-day MA of 8847.97, indicating a neutral trend. The MACD of -81.34 indicates Negative momentum. The RSI at 50.69 is Neutral, neither overbought nor oversold. The STOCH value of 65.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:3288.
Open House Co Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | ¥4.12T | 14.53 | 10.96% | 1.35% | 17.30% | 50.77% | |
69 Neutral | ¥3.87T | 16.99 | 7.11% | 2.53% | -9.76% | -24.08% | |
66 Neutral | ¥872.85B | 7.66 | 19.64% | 2.71% | 5.94% | 21.18% | |
66 Neutral | ¥1.08T | 10.67 | 20.05% | 5.11% | 5.93% | 5.17% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
62 Neutral | ¥852.39B | 9.29 | 10.48% | 4.27% | 6.21% | 2.93% | |
58 Neutral | ¥146.95B | 14.32 | 8.34% | 4.74% | 9.27% | 7.27% |
* Real Estate Sector Average
JP:3288
Open House Co
7,570.00
423.17
5.92%
JP:1878
Daito Construction
3,190.00
286.25
9.86%
JP:8802
Mitsubishi Estate Company
3,471.00
233.62
7.22%
JP:8801
Mitsui Fudosan Co
1,445.00
-124.29
-7.92%
JP:3289
Tokyu Fudosan Holdings
1,193.50
38.53
3.34%
JP:8803
Heiwa Real Estate Co., Ltd.
2,238.00
57.80
2.65%
Open House Co Corporate Events
Open House Group Boosts Parent Earnings With ¥21.4 Billion Dividends From Subsidiaries
Aug 20, 2026
Open House Group Co., Ltd., a Japan-based real estate and housing-focused company, oversees a portfolio of consolidated subsidiaries active in residential property development, architecture, and related services. Key units such as Open House Co., ...
Open House Group Nears Cost Limit on ¥25 Billion Share Buyback Program
Aug 14, 2026
Open House Group Co., Ltd. has completed a tranche of its share buyback program, acquiring 304,700 common shares on the open market between August 1 and August 13, 2026, for a total cost of approximately ¥2.51 billion. The purchases were made...
Open House Group Lifts FY2026 Earnings and Dividend Forecasts on Strong Housing Business
Aug 7, 2026
Open House Group Co., Ltd., a listed Tokyo real estate developer centered on single-family home related business, operates with a strategy that balances growth investment and robust shareholder returns. The company’s policy of maintaining st...
Open House Group Lifts FY2026 Outlook and Dividends on Record Q3 Results
Aug 7, 2026
Open House Group reported record consolidated net sales and profits for the third quarter of FY2026, with net sales surpassing 1 trillion yen and double-digit year-on-year growth in operating profit and profit attributable to owners of parents. Th...
Open House Group Lifts FY 2026 Outlook on Strong Nine-Month Earnings
Aug 7, 2026
Open House Group reported strong consolidated results for the nine months ended June 30, 2026, with net sales rising 8.9% year on year to ¥1.02 trillion and profit attributable to owners of the parent up 15.1%. Earnings per share increased to...
Open House Group Advances Large-Scale Share Buyback Program
Aug 3, 2026
Open House Group Co., Ltd. has disclosed the latest progress of its ongoing share buyback program authorized by its board in November 2025. Between July 1 and July 31, 2026, the company repurchased 353,400 common shares on the open market for a to...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.