Interim report
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Note : This document has been translated from the Japanese original for reference purposes only . In the event of any discrepancy between this translated document and the Japanese original , the original shall prevail . Consolidated Financial Results for the Nine Months Ended June 30 , 2026 ( Under Japanese GAAP ) Aug 7 , 2026 Company name : Listing : Securities code : URL : Representative : Inquiries : Scheduled start date of dividend payment Holding of financial results briefing : Open House Group Co. , Ltd. Tokyo Stock Exchange 3288 https://openhouse-group.co.jp/ir/en/ Ryosuke Fukuoka , President and CEO Kotaro Wakatabi , Senior Managing Director and CFO Preparation of supplementary material on financial results : Yes None ( Yen amounts are rounded down to millions , unless otherwise noted . ) Consolidated financial results for the nine months ended June 30 , 2026 ( October 1 , 2025 to June 30 , 2026 ) ( 1 ) Consolidated Operating Results ( Cumulative ) ( Percentages indicate year - on - year changes . ) Net sales Operating profit Ordinary profit Profit attributable to owners of parent 3Q FY 2026 3Q FY 2025 Millions of yen 1,023,402 939,725 % Millions of yen 8.9 5.0 120,959 102,247 % 18.3 Millions of yen 116,068 % Millions of yen % 18.1 81,260 15.1 26.6 98,242 16.9 70,608 3.0 Note : Comprehensive income : For the nine months ended June 30 , 2026 : 90,652 million yen ( 20.0 % ) For the nine months ended June 30 , 2025 : 75,530 million yen ( -6.6 % ) Basic earnings per share Diluted earnings per share 3Q FY 2026 3Q FY 2025 ( 2 ) Consolidated financial position Yen 727.21 610.44 Yen 724.83 609.44 Total assets Net assets Equity - to - asset ratio As of Millions of yen Millions of yen % 3Q FY 2026 1,529,908 FY 2025 1,412,001 588,551 538,834 38.4 38.1 Reference : Equity : As of June 30 , 2026 : ¥ 587,203 million As of September 30 , 2025 : \ 537,625 million
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2. Cash dividends Annual dividends per share 1Q-end 2Q-end 3Q-end Year-end Total Yen Yen Yen Yen Yen FY 2025 - 84.00 - 94.00 178.00 FY 2026 - 100.00 - FY 2026 (Forecast) 105.00 205.00 Note: Revisions to the forecast of cash dividends most recently announced: Yes 3. Forecast of consolidated operating results for F Y 2026 (October 1, 2025 to September 30, 2026) (Percentages indicate year-on-year changes) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Basic earnings per share Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen Full year 1,500,000 12.2 180,000 23.3 170,000 21.9 118,500 17.7 1,062.61 Note: Revision to the forecast of consolidated res ults most recently announced: Yes
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* Notes (1) Significant changes in the scope of consolidati on during the period: None (2) Adoption of accounting treatment specific to th e preparation of quarterly consolidated financial statements: Yes (Note) For details, please refer to "2. Consolidated Quarterly Financial Statements and Major Notes (3) Notes Regarding Consolidated Quarterly Financial Statements (Application of Accounting Procedures Specific to Preparation of Consolidated Quarterly Financial Statements)" on page 8 of the attached document. (3) Changes in accounting policies, changes in acco unting estimates, and restatement (i) Changes in accounting policies due to revisions to accounting standards and other regulations: None (ii) Changes in accounting policies due to other re asons: None (iii) Changes in accounting estimates: None (iv) Restatement: None (4) Number of issued shares (common shares) (i) Total number of issued shares at the end of the period (including treasury shares) As of June 30, 2026 116,735,700 shares As of September 30, 2025 120,709,700 shares (ii) Number of treasury shares at the end of the pe riod As of June 30, 2026 6,285,877 shares As of September 30, 2025 8,174,834 shares (iii) Average number of shares outstanding during t he period (cumulative from the beginning of the fiscal year) For the nine months ended June 30, 2026 111,743,880 shares For the nine months ended June 30, 2025 115,669,596 shares * The quarterly financial results summary is not subj ect to quarterly review by certified public accountants or audit firms. * Proper use of earnings forecasts, and other special matters : The forecasts and other forward -looking sta tements contained in this summary are based on assu mptions from information available to the Company at the time of disclosure and those deemed to be reasonable. They do not imply a commitment by the Company to achieve them. Furthermore, actual performance may vary significan tly due to various factors. For conditions underlying performance forecasts and cautionary notes on the use of performance forecasts, please refer to "1. Qualitative Informat ion Regarding Current Quarterly Results (3) Overvie w of Future Forecast Information such as Consolidated Performance Forecasts" on page 3 of the attached document.
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1 Contents 1. Qualitative Information Regarding Current Quarterly Results ……………………………………………………………………………………...... . 2 (1) Overview of Business Performance ………………………………………………………………………………………………………………………………...... 2 (2) Overview of Financial Condition ……………………………………………………………………………………………………………………………………..... 3 (3) Overview of Future Forecast Information such as Consolidated Performance Forecast ………………………………………………...... 3 2. Consolidated Quarterly Financial Statements and Major Notes …………………………………………………………………………..………........ 4 (1) Consolidated Quarterly Balance Sheets ………………………………………………………………………………………………………………………........ 4 (2) Consolidated Quarterly Statements of Income and Consolidated Quarterly Statements of Comprehensive Income ……... 6 Consolidated Quarterly Statements of Income ……………………………………………………………………………………………………………………... 6 Consolidated Quarterly Statements of Comprehensive Income ………………………………………………………………………………………........ 7 (3) Notes Regarding Consolidated Quarterly Financial Statements ……………………………………………………………………………………..... 8 (Notes Regarding On-Going Concern Assumptions) …………………………………….……………………………………………………………………..... 8 (Notes on Significant Changes in the Amount of Shareholders’ Equity) ………….…………………………………………………………………..... 8 (Application of Accounting Procedures Specific to Preparation of Quarterly Consolidated Financial Statements) …………........ 8 (Segment Information, etc.) .………………………………………………………………………………………………………………………………………………...... 9 (Cash Flow Statement Notes) …………………………………………………………………………………………………………………………………………….... 10 (Significant Subsequent Events) .…………………………………………………………………..…………………………………………………………………...... 10
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2 1. Qualitative Information Regarding Current Quarterly Results (1) Overview of Business Performance The Group (the Company, consolidated subsidiaries, and equity method affiliates) is working towards achieving the management goals set forth in the "Three-Year Management Policy (FY2024-FY2026)" formulated in November 2023. The performance for the third quarter of the consolidated fiscal year showed sales of 1,023,402 million yen (increase of 8.9% year on year), operating profit of 120,959 million yen (increase of 18.3%), ordinary profit of 116,068 million yen (increase of 18.1%), and quarterly net profit attributable to owners of the parent was 81,260 million yen (increase of 15.1%). Overview by segment is as follows. Effective April 1, 2026, "Pressance Corporation" ch anged its trade name to "Pressance". Accordingly, t he name of the reporting segment has been changed from "Pressance Corporation" to "Pressance" starting from the curre nt interim consolidated accounting period. For other details o n segment information, please refer to "2. Consolid ated Quarterly Financial Statements and Major Notes (3) Notes Rega rding Consolidated Quarterly Financial Statements ( Segment Information, etc.)". (Single-Family Homes Related Business) In the Single-family homes related business, demand for single-family homes has remained high in urban areas where the Group operates. Additionally, sales contracts leading to future deliveries remained strong. As a result, sales were 563,006 million yen (increa se of 8.7% year on year), and operating profit was 61,840 million yen (increase of 10.5%). (Condominium Business) In the condominium business, although there were no t many properties delivered in this quarterly conso lidated accounting period due to deliveries being concentrated in the fourth quarter, sales contracts are progressing steadily. As a result, sales were 42,415 million yen (increas e of 123.3% year on year), and operating profit was 7,566 million yen (compared to an operating loss of 280 million yen year on year). (Property Resale Business) In the property resale business, there continues to be high demand for rental apartments and office bu ildings that are investment targets for our group’s customers, inclu ding business corporations and high-net worth indiv iduals, and the business performance has expanded. As a result, net sales were 154,057 million yen (in crease of 8.6% year on year), and operating profit was 16,370 million yen (increase of 12.1%). (Others) In other segment, there is high investment demand for U.S. real estate for the purpose of asset diversification among the affluent in Japan, and sales have been progressing smoothly. As a result, net sales were 113,862 million yen (in crease of 3.2% year on year), and operating profit was 13,380 million yen (decrease of 1.0%). (PRESSANCE) PRESSANCE focused on the sale of investment condomi niums and condominiums for families in prime locati ons in its main sales areas of Kinki and Tokai-Chukyo regions. As a result, net sales were 150,047 million yen (de crease of 0.3% year on year), and operating profit was 20,759 million yen (increase of 13.8%).
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3 (2) Overview of Financial Condition As of the end of the third quarter of the consolidated fiscal period, total assets were 1,529,908 million yen, an increase of 117,906 million yen year on year. This is mainly du e to an increase of 137,970 million yen in real est ate for sale and real estate for sale in progress combined, and 15,298 million yen in investments and other assets, while th ere was a decrease of 55,492 million yen in cash and deposits. Total liabilities were 941,357 million yen, an increase of 68,189 million yen year on year. This is ma inly due to an increase of 82,867 million yen in short-term borrowings and long-term borrowings (including current portion of long-term borrowings) combined, while there was a decrease of 12,318 million yen in income tax payable. Total net assets were 588,551 million yen, an incre ase of 49,716 million yen year on year. This is mai nly due to the recording of 81,260 million yen in quarterly profit attributable to owners of parent, while there were dividends of surplus of 21,730 million yen. For details on the cancellation and acquisition of treasury stock carried out during the cumulative th ird quarter of the consolidated fiscal period, please refer to "2. Con solidated Quarterly Financial Statements and Major Notes (3) Notes Regarding Consolidated Quarterly Financial Statemen ts (Notes on Significant Changes in the Amount of S hareholders' Equity) (Cancellation of Treasury Stock) (Acquisition of Treasury Stock)." (3) Overview of Future Forecast Information such as Consolidated Performance Forecast The Company has revised its consolidated financial forecasts for the fiscal year ending September 2026 in light of recent business performance trends and other factors. In addition, the Company has also revised its year-end dividend forecast for the fiscal year ending September 2026 based on recent business performance trends and its shareholder return policy. For details, please refer to the "Notice Regarding Revision of Consolidated Financial Forecasts and Di vidend Forecast" announced today (August 7, 2026).
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4 2. Consolidated Quarterly Financial Statements and Major Notes (1) Consolidated Quarterly Balance Sheets (Millions of yen) End of FY 2025 (as of September 30, 2025) End of FY 2026 3Q (as of June 30, 2026) Assets Current assets Cash and deposits 421,898 366,406 Trade a ccounts receivable and contract assets 21,210 22,975 Real estate for sale 167,551 17 3,769 Real estate for sale in process 602,444 73 4,198 Operating loans 71,536 73,912 Other 28,755 34, 611 Allowance for doubtful accounts (582 ) (718 ) Total current assets 1,312,814 1,405,155 Non -current assets Property, plant and equipment 30,617 40,745 Intangible assets 2,277 2,417 Investments and other assets 66,291 81,590 Total non -current assets 99,186 124,753 Total assets 1,412,001 1,529,908 Liabilities Current liabilities Notes payable – trade 357 － Trade accounts payable 43,785 47,107 Electronically recorded obligations - operating 6,482 4,525 Short -term borrowings 191,226 215,035 Current portion of bonds payable 110 100 Current portion of long -term borrowings 70,292 94,581 Income taxes payable 25,729 13,411 Provisions 8,691 4,957 Other 66,241 66,930 Total current liabilities 412,916 446,648 Non -current liabilities Bonds payable 14,685 14,661 Long -term borrowings 443,748 478,517 Provisi ons 231 208 Retirement benefit liability 103 100 Asset retirement obligations 307 310 Other 1,173 910 Total non -current liabilities 460,250 494,708 Total liabilities 873,167 941,357
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5 (Millions of yen) End of FY 2025 (as of September 30, 2025) End of FY 2026 3Q (as of June 30, 2026) Net assets Share holder ’s equity Share capital 20,235 20,320 Capital surplus 32,821 32,889 Retained earnings 514,871 552,415 Treasury shares (44,895 ) (42,388 ) Total shareholders' equity 523,033 563,237 Ac cumulated other comprehensive income Valuation difference on available -for -sale securities 34 70 Foreign currency translation adjustment 14,557 23,895 Total accumulated other comprehensive income 14,592 23,966 Share acquisition rights 998 1,247 Non -controlling interests 209 99 Total net assets 538,834 588,551 Total liabilities and net assets 1,412,001 1,529,908
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6 (2) Consolidated Quarterly Statements of Income and Con solidated Quarterly Statements of Comprehensive Income Consolidated Quarterly Statements of Income (Millions of yen) Nine months ended June 30, 2025 (from October 1, 2024 to June 30, 202 5) Nine months ended June 30, 2026 (from October 1, 2025 to June 30, 202 6) Net sales 939,725 1,023,402 Cost of sales 766,707 823,932 Gross profit 173,018 199,470 Selling, general and administrative expenses 70,770 78,510 Operating profit 102,247 120,959 Non -operating income Interest income 1,545 2,149 Dividend income 106 18 Rental income from buildings 143 257 Foreign exchange gains/loss 572 540 Gain on sale of investment securities 181 - Other 750 890 Total non -operating income 3,300 3,856 Non -operating expenses Interest expenses 5,486 7,506 Commission expenses 1,268 448 Share of loss of entities accounted for using equity method 21 30 Other 528 761 Total non -operating expenses 7,305 8,747 Ordinary profit 98,242 116,068 Extraordinary profit Gain on sale of shares in affiliated companies 549 - Gain on negative goodwill 5,147 - Total Extraordinary profit 5,696 - Profit befo re income taxes 103,939 116,068 Income taxes 29,759 34,804 Profit 74,180 81,263 Profit attributable to non -controlling interests 3,571 2 Profit attributable to owners of parent 70,608 81,260
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7 Consolidated Quarterly Statements of Comprehensive Income (Millions of yen) Nine months ended June 30, 2025 (from October 1, 2024 to June 30, 202 5) Nine months ended June 30, 2026 (from October 1, 2025 to June 30, 202 6) Profit 74,180 81,263 Other comprehensive income Valuation difference on available -for -sale securities 39 35 Foreign currency translation adjustment 1,310 9,348 Share of other comprehensive income of entities accounted for using equity method 0 5 Total other comprehensive income 1,350 9,389 Comprehensive income 75,530 90,652 (Breakdown) Comprehensive income attributable to owners of parent 71,961 90,634 Comprehensive income attributable to non - controlling interests 3,569 18
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8 (3) Notes Regarding Consolidated Quarterly Financial Statements (Notes Regarding On-Going Concern Assumptions) Not applicable. (Notes on Significant Changes in the Amount of Shareholders’ Equity) (Cancellation of treasury stock) The Company cancelled treasury stock based on the resolution of the Board of Directors meeting held on October 16, 2025.As a result, retained earnings and treasury stock decreased by 21,980 million yen during the cumulative third quarter of the consolidated fiscal period. (Acquisition of treasury stock) The Company acquired treasury stock based on the resolution of the Board of Directors meeting held on November 14, 2025. As a result, treasury stock increased by 19,473 million yen during the cumulative third quarter of the consolidated fiscal period. (Application of Accounting Procedures Specific to Preparation of Consolidated Quarterly Financial Statements) (Calculation of tax expenses) Tax expenses are calculated by reasonably estimating the effective tax rate after applying tax effect accounting to profit before income taxes for the consolidated fiscal year, including the third quarter of the consolidated fiscal period, and multiplying quarterly profit before income taxes by this estimated effective tax rate.
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9 (Segment Information, etc.) 【Segment Information 】 I. Nine months ended June 30, 2025 (October 1, 2024 t o June 30, 2025) 1. Information on Net sales, profit or loss, and o ther items by reportable segments (Millions of yen) Reportable Segment Adjustment (Note1) Amount recorded in consolidated quarterly statements of income (Note2) Single-family homes related Condos Property resale Others PRESSANCE Total Net sales Net sales from contracts with customers 512,276 17,088 119,846 105,969 143,575 898,757 14 898,771 Other income 5,781 1,902 21,999 4,415 6,855 40,954 - 40,954 Net sales from outside customers 518,058 18,991 141,846 110,384 150,430 939,711 14 939,725 Intersegment net sales and transfers 2,787 28 149 101 69 3,136 (3,136) - Total 520,845 19,019 141,996 110,486 150,500 942,847 (3,122) 939,725 Segment profit (Loss) 55,984 (280) 14,599 13,518 18,249 102,070 176 102,247 (NOTE) 1. The adjustment amount of segment profit, 176 millio n yen, includes intersegment elimination of 3,559 million yen and unallocated corporate expenses of ( 3,382) million yen. Corporate expenses primarily consist of general administrative expenses not allocated to reporting segments. 2. Segment profit (loss) has been adjusted to match the operating profit in consolidated quarterly statements of income.
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10 II. Nine months ended June 30, 2026 (October 1, 2025 t o June 30, 2026) 1. Information on Net sales, profit or loss, and o ther items by reportable segments (Millions of yen) Reportable Segment Adjustment (Note1) Amount recorded in consolidated quarterly statements of income (Note2) Single-family homes related Condos Property resale Others PRESSANCE Total Net sales Net sales from contracts with customers 558,642 42,415 150,499 108,493 144,681 1,004,732 12 1,004,744 Other income 4,364 - 3,558 5,368 5,366 18,658 - 18,658 Net sales from outside customers 563,006 42,415 154,057 113,862 150,047 1,023,390 12 1,023,402 Intersegment net sales and transfers 2,531 20 70 175 0 2,798 (2,798) - Total 565,538 42,436 154,128 114,037 150,047 1,026,188 (2,785) 1,023,402 Segment profit 61,840 7,566 16,370 13,380 20,759 119,917 1,042 120,959 (NOTE) 1. The adjustment amount of segment profit, 1,042 mill ion yen, includes intersegment elimination of 4,576 million yen and unallocated corporate expenses of (3,534) million yen. Corporate expenses primarily consist of general administrative expenses not allocated to reporting segments. 2. Segment profit has been adjusted to match the opera ting profit in consolidated quarterly statements of income. 2. Matters concerning changes in reporting segments Effective April 1, 2026, consolidated subsidiary "Pressance Corporation" changed its trade name to "Pressance". Consequently, to better reflect actual business operations, the name of the reporting segment previously referred to as "Pressance Corporation" has been changed to "Pressance" starting from the current interim consolidated accounting period. This change is limited to the segment name only and has no impact on segment information. The segment information for the cumulative third quarter of the previous consolidated fiscal period is also presented using the new name. (Cash Flow Statement Notes) The quarterly consolidated cash flow statement for the cumulative third quarter of the consolidated fiscal period has not been prepared. Depreciation (including amortization of intangible assets excluding goodwill) and amortization of goodwill for the cumulative third quarter of the consolidated fiscal period are as follows.: (Millions of yen) Nine months ended June 30, 2025 Nine months ended June 30, 2026 Depreciation and Amortization (other than goodwill) 1,524 1,713 Amortization of goodwill 366 199 (Significant Subsequent Events) Not applicable.