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.

August 14, 2023

Summary of Consolidated Financial Results
for the Third Quarter of the Fiscal Year Ending September 30, 2023
(Based on Japanese GAAP)
Company name:Open House Group Co., Ltd.

Listing:

Tokyo Stock Exchange

Securities code:

3288

URL:

https://openhouse-group.co.jp/ir

Representative:

Masaaki Arai, President and CEO

Inquiries:

Kotaro Wakatabi, Senior Managing Director and CFOScheduled date to file quarterly securities report:

August 14, 2023

Scheduled starting date of dividend payments:-Supplementary material on quarterly financial results: Yes
Quarterly financial results briefing:

No(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated financial results for the nine months ended June 30, 2023
(October 1, 2022 to June 30, 2023)(1) Consolidated operating results (cumulative)
Net sales
Nine months ended(Percentages indicate year-on-year changes.)

Operating profit

Millions of yen% Millions of yenProfit attributable toowners of parent

Ordinary profit% Millions of yen% Millions of yen%

June 30, 2023

785,330

17.7

96,80915.3

94,5098.6

61,415

9.2

June 30, 2022

667,133

14.3

83,96915.3

87,01623.0

56,22910.3

Note: Comprehensive income For the nine months ended June 30, 2023:
For the nine months ended June 30, 2022:
Basic earnings
per share
Nine months ended¥ 67,089 million¥ 68,971 million[(2.7) %][ 27.3%]

Diluted earnings
per share

YenYenJune 30, 2023

509.60508.70June 30, 2022447.66

446.62(2) Consolidated financial position
Total assets
As ofNet assets

Equity-to-asset ratio

Millions of yen

Millions of yen%

June 30, 2023

1,136,237

445,597

33.7

September 30, 2022

1,031,174

395,702

32.7

Reference:

EquityAs of June 30, 2023:¥ 382,932 million
As of September 30, 2022: ¥ 337,620 million| 1

Open House Group Co., Ltd. (3288)

2.

Cash dividends
Annual dividends per share
1Q-end2Q-end3Q-endYear-end

TotalYen

Yen

Yen

Yen

Yen

FY 2022－62.00－67.00129.00FY 2023－72.00－92.00164.00FY 2023 (Forecast)Note1: Revisions to the forecast of cash dividends most recently announced: None

Note2: Breakdown of the year-end dividend for the fiscal year ending September 30, 2023 (forecast):
Ordinary dividend 82.00 yen

Special dividend 10.00 yen

The special dividend is due to the commemoration of the 10th anniversary of the Company's listing and theachievement of 1 trillion yen in net sales.

3. Forecast of consolidated operating results for FY2023 (October 1, 2022 to September 30, 2023)

Net sales
Millions of yen

Full year

1,130,000(Percentages indicate year-on-year changes.)
BasicProfit attributable toOrdinary profit
earnings
owners of parentper share

Operating profit% Millions of yen
18.6

141,000%

Millions of yen%

Millions of yen%

Yen

18.1

136,500

12.7

92,00018.1

763.39Note: Revision to the forecast of consolidated results most recently announced: None| 2

Open House Group Co., Ltd. (3288)

* Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change in scopeof consolidation): None
(2) Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: Yes(3) Changes in accounting policies, changes in accounting 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 reasons: None(iii)

Changes in accounting estimates: None(iv)

Restatement: None

(4) Number of issued shares (common shares)
(i)

(ii)

(iii)

Number of issued shares at the end of the period (including treasury shares)
As of June 30, 2023

120,567,900 shares

As of September 30, 2022

120,487,900 shares

Number of treasury shares at the end of the period
As of June 30, 2023

3,485 shares

As of September 30, 2022

3,485 shares

Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)
Nine months ended June 30, 2023

120,515,477 shares

Nine months ended June 30, 2022

125,607,915 shares* Quarterly financial results reports are exempt from quarterly review conducted by certified public accountants or anaudit corporation.
* Proper use of earnings forecasts, and other special matters
The forecasts and other forward-looking statements contained in this summary are based on assumptions frominformation available to the Company at the time of disclosure and those deemed to be reasonable. Actual results may
differ significantly from the forecast due to various factors.

| 3Open House Group Co., Ltd. (3288)

Consolidated Quarterly Financial Statements
1) Consolidated Quarterly Balance Sheets(Millions of yen)
End of FY2022(as of September 30, 2022)
AssetsCurrent assets
Cash and deposits
Securities
Trade accounts receivable and contract assetsReal estate for sale
Real estate for sale in process
Operating loans
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Intangible assets
Investments and other assets
Total non-current assets
Total assets
Liabilities
Current liabilities
Notes payable - trade
Trade accounts payable
Electronically recorded obligations - operating
Short-term borrowings
Current portion of bonds payable
Current portion of long-term borrowings
Income taxes payable
Provisions
OtherTotal current liabilities
Non-current liabilities
Bonds payableLong-term borrowings
Retirement benefit liability
Asset retirement obligations
Other
Total non-current liabilities
Total liabilities

End of 3Q FY2023(as of June 30, 2023)

349,305―
2,198
95,717461,388
43,26230,128(344)
981,656

320,419
3,000
2,410
123,804
538,30760,88024,603(469)
1,072,957

21,123
2,925
25,47049,5181,031,174

27,185
2,695
33,39963,2801,136,237

1,238
31,2208,104
144,309242
39,262
20,292
5,808
59,017309,495

1,553
35,474
7,133
177,985
242
46,551
11,477
3,93555,770
340,124

10,363314,784318
211
298
325,976
635,472

10,242
339,414348
224
286
350,515
690,640| 4Open House Group Co., Ltd. (3288)

(Millions of yen)
End of FY2022(as of September 30, 2022)

End of 3Q FY2023(as of June 30, 2023)

Net assets
Shareholders' equity
Share capital

20,07020,101

Capital surplus
Retained earnings

19,882286,286

19,881
330,948

Treasury shares

(18)

(18)

326,221

370,914

Valuation difference on available-for-sale securities
Foreign currency translation adjustment(34)
11,43435
11,982

Total accumulated other comprehensive income

11,39912,018474
57,606781
61,883

Total shareholders' equity
Accumulated other comprehensive income

Share acquisition rights
Non-controlling interests
Total net assets
Total liabilities and net assets

395,702445,597

1,031,174

1,136,237| 5Open House Group Co., Ltd. (3288)

2)

Consolidated Quarterly Statements of Income and Consolidated Quarterly Statements of Comprehensive
IncomeConsolidated Quarterly Statements of Income

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating incomeInterest income
Dividend income
Rental income from buildings
Foreign exchange gains
Share of profit of entities accounted for using equity
methodGain on sale of investment securities
Other
Total non-operating income
Non-operating expenses
Interest expenses
Commission expenses
Other
Total non-operating expenses
Ordinary profit
Extraordinary losses
Loss on sale of shares of subsidiaries and associates
Total extraordinary losses
Profit before income taxes
Income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent

Nine months ended
June 30, 2022(from October 1, 2021
to June 30, 2022)
667,133
534,715
132,418
48,44883,969(Millions of yen)
Nine months ended
June 30, 2023
(from October 1, 2022
to June 30, 2023)
785,330
633,398
151,932
55,12396,809

84
1,748
120
3,427

507
135
168
298

407

49

―
500
6,288

144
322
1,624

2,626
370
245
3,242
87,016

2,912
285
726
3,924
94,509119
119
86,896
26,25460,641
4,412
56,229――94,50928,04966,4605,045
61,415| 6Open House Group Co., Ltd. (3288)

Consolidated Quarterly Statements of Comprehensive IncomeProfit
Other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Share of other comprehensive income of entities
accounted for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners ofparent
Comprehensive income attributable to noncontrolling interests

Nine months ended
June 30, 2022
(From October 1, 2021
to June 30, 2022)
60,641(Millions of yen)
Nine months ended
June 30, 2023
(From October 1, 2022
to June 30, 2023)
66,46038,31476546

1358,330
68,971

628
67,08964,57062,054

4,401

5,035

| 7

Open House Group Co., Ltd. (3288)

3)

Notes to consolidated quarterly financial statement(Notes on going concern assumptions)Not applicable(Notes on significant changes in the amount of shareholders’ equity)
Not applicable(Changes in significant subsidiaries during the period)
Not applicable(Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements)
Tax expenses were calculated by multiplying income before income taxes by an effective tax rate that was reasonably
estimated by applying tax effect accounting to estimated profit before income taxes for the fiscal year ending
September 2023 including the second quarter. However, in case where calculation tax expenses using the estimatedeffective tax rate would result in a significant lack of rationally, tax expenses were calculated by taking into accountsignificant additions and subtractions and tax deduction items.
(Changes in accounting policies)
Not applicable| 8Open House Group Co., Ltd. (3288)

(Segment and other information)【Segment information】
I.
Nine months ended June 30, 2022 (October 1, 2021 to June 30, 2022)
1.

Information on net sales, profit or loss, and other items by reportable segments（Millions of yen）
Reportable Segment
Single-family
Condominiums
homes related

Net sales
Net sales fromcontracts withcustomers
Other income
Net sales from outside
customers
Intersegment netsales and transfers
Total
Segment profit (loss)

Property
resaleOthers

PRESSANCECORPORATION

Total

Amount recorded inAdjustment
the consolidated(Note1)quarterly statements ofincome (Note2)

371,794

24,85888,28251,607

102,820

639,3634

639,367

4,764－

18,120

2,584

2,296

27,765－27,765376,558

24,858106,40354,192

105,116

667,1294

667,133

－

－

1,368

112

－

1,480

(1,480)－376,558

24,858

107,772

54,304105,116

668,610(1,476)

667,133

48,588

1,932

12,855

7,159

14,76685,302(1,332)

83,969(NOTE)
1. Adjustment of ¥ (1,332) million for segment profit (loss) includes intersegment elimination of ¥ (688)
million and corporate expenses of ¥ (648) million that are not distributed to the reportable segments.
Corporate expenses are primarily general and administrative expenses that do not belong to thereportable segments.
2. Segment profit (loss) has been adjusted to operating profit described in the consolidated quarterly
statements of income.

| 9Open House Group Co., Ltd. (3288)

II.

Nine months ended June 30, 2023 (October 1, 2022 to June 30, 2023)
1. Information on net sales, profit or loss, and other items by reportable segments（Millions of yen）
Reportable Segment
Single-familyCondominiums
homes related

Net sales
Net sales fromcontracts withcustomers
Other income
Net sales from outside
customers
Intersegment net sales
and transfers
Total
Segment profit (Loss)

Property
resaleOthers

PRESSANCECORPORATION

Total

Amount recorded in
Adjustment
the consolidated(Note1)quarterly statements
of income (Note2)

394,332

39,955111,253

60,975

118,365

724,88214

724,897

37,672－

16,913

3,130

2,716

60,433－60,433432,005

39,955

128,167

64,105

121,082

785,315

14

785,330

－

－

150

669

210

1,030

(1,030)－432,005
49,08039,955
5,347

128,317
15,18664,774
7,687121,293
20,621

786,346
97,923(1,015)(1,113)785,330
96,809(NOTE)
1. Adjustment of ¥ (1,113) million for segment profit (loss) includes intersegment elimination of ¥2,243
million and corporate expenses of ¥ (3,357) million that are not distributed to the reportable segments.
Corporate expenses are primarily general and administrative expenses that do not belong to thereportable segments.
2. Segment profit (loss) has been adjusted to operating profit described in the consolidated quarterly
statements of income.
(Significant subsequent events)
Not applicable| 10Open House Group Co., Ltd. (3288)