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.

November 14, 2022

Summary of Consolidated Financial Results
for the Fiscal Year Ended September 30, 2022
(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 CFO

Scheduled date of annual general meeting of shareholders: December 21, 2022
Scheduled date to commence dividend payments:

December 22, 2022

Scheduled date to file annual securities report:

December 22, 2022

Preparation of supplementary material on financial results:

Yes

Holding of financial results briefing:

Yes (for institutional investors and analysts, in Japanese)(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated financial results for the fiscal year ended September 30, 2022
(From October 1, 2021 to September 30, 2022)(1) Consolidated operating results (cumulative)
Revenue

Operating income

Millions of yen

FY 2022
FY 2021(Percentage figures indicate year-on-year changes.)
Profit attributable toOrdinary income
owners of parent%

952,686
810,54017.5
40.7

Millions of yen

119,358
101,103

%

18.1
62.7

Millions of yen

Note: Comprehensive income For the fiscal year ended June 30, 2022:
For the fiscal year ended June 30, 2021:
Basic earnings
per share
FY 2022
FY 2021
Reference:

121,166
97,590%Millions of yen

24,2
26.2

77,884
69,582¥ 94,793 million¥ 74,483 million

%

11.9
17.0

[27.3%][26.6%]

Diluted earnings
Ratio of ordinary Ration of operating
Return on equity
per share
profit to total assets profit to net sales

Yen

Yen

%

%

%

626.24

624,87

24.7

12.7

12.5

552.40550.41

26.4

13.5

12.5

Share of profit (loss) of entities accounted for using equity method
For the fiscal year ended September 30, 2022
¥ 383 million
For the fiscal year ended September 30, 2021
¥ 1,395 million(2) Consolidated financial position
Total assets
As of

Net assets

Equity-to-asset ratio

No assets per share

Millions of yen

Millions of yen%

Yen

September 30, 2022

1,031,174

395,702

32.7

September 30, 2021

879,913347,14333.4

2,802.19
2,329.72

Reference:

EquityAs of September 30, 2022:
As of September 30, 2021:¥ 337,620 million¥ 293,809 million| 1

Open House Group Co., Ltd. (3288)

(3) Consolidated cash flow
Cash flows fromoperating activities

Cash flows frominvesting activities

Millions of yen

FY 2022(16,353)

FY 202150,123

Cash flows fromfinancing activities

Cash and cash
equivalents at end of
periodMillions of yen

Millions of yen

Millions of yen(4,367)(24,694)(346,080)

40,588334,506

23,541

2. Cash dividends
Annual dividends per share
1Q

2Q

3Q

Year-end

AnnualTotal cash dividends(Annual)Payout ratio(Consolidated)

Ratio of dividends
to net assets(Consolidated)

Yen

Yen

Yen

Yen

Yen

Millions of yen%%

FY 2021

―

50.00

―

62.00

112.00

14,11620.3

5.4

FY 2022

―

62.00

―

67.00

129.0015,901

20.6

5.0

FY 2023 (Forecast)

―
―
―

72.00
72.00
―

―
―
―

82.00
72.00
10.00

154.00144.00
10.00

ordinary dividend
special dividend

21.6
20.2
1.4

Note: The special dividend for the fiscal year ending September 30, 2023 (forecast) is due to the commemoration of the10th anniversary of the Company's listing and the achievement of 1 trillion yen in sales.

3. Forecast of consolidated operating results for the fiscal year ending September 30, 2023
(From October 1, 2022 to September 30, 2023)
Revenue
2Q(Cumulative)
Full year

Operating income(Percentage figures indicate year-on-year changes)
Profit attributable toowners of parent

Ordinary income

Basic earnings
per share

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

Yen

495,700

8.8

60,3000.5

58,600(4.9)

37,600(4.9)

312.07

1,100,00

15.5

134,000

12.3

130,000

7.3

86,00010.4

713.79| 2Open 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) Changes in accounting policies, changes in accounting estimates, and restatement(i)

Changes in accounting policies due to revisions to accounting standards and other regulations: Yes(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 September 30, 2022

120,487,900 shares

As of September 30, 2021

126,117,000 shares

Number of treasury shares at the end of the period
As of September 30, 2022

3,485 shares

As of September 30, 2021

3,441 shares

Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)
As of September 30, 2022

124,369,144 shares

As of September 30, 2021

125,963,671 shares[Reference] Non-Consolidated Financial Results for the fiscal year ended September 30, 2022
(October 1, 2021 to September 30, 2022)(1) Non-Consolidated Operating Results
Revenue
FY 2022
FY 2021(Percentage figures indicate year-on-year change)

Operating income

Millions of yen% Millions of yen

56,42017,835

216.3
37.6

Basic earnings
per share
FY 2022
FY 202146,0762,699――

Net income% Millions of yen

46,41235,57930.4
39.6

45,91235,088

%

30.8
37.4

Diluted earnings
per share
Yen

Yen

369.16278.56(2) Non-Consolidated Financial Position
Total assets
September 30, 2022
September 30, 2021
(Reference) Shareholders’ equity:

Ordinary income% Millions of yen

Millions of yen

368.35277.56

Net assets
Millions of yen

258,930
233,936
As of September 30, 2022:
As of September 30, 2021:

119,738
120,879¥ 119,597 million¥ 120,767 million

Equity ratio

Net assets per share
%

46.2
51.6

Yen

992.64957.61*This summary of financial statements is exempt from audit procedures required by Financial Instruments and ExchangeAct.
* Notes regarding forward-looking statements:
Consolidated business forecasts and other forward-looking statements are based on assumptions from information
available to the Company at the time of disclosure and those deemed to be reasonable.
Actual results may differ significantly from the forecasts due to various unpredictable factors.

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

Consolidated Financial Statements
1) Consolidated Balance Sheets(Millions of yen)
FY 2021(As of September 30, 2021)
AssetsCurrent assets
Cash and deposits
Trade accounts receivable and Contract assets
Real 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
Buildings and structures
Accumulated depreciation
Buildings and structures, net
Real estate for rent
Accumulated depreciation
Real estate for rent, net
Land
Other
Accumulated depreciation
Other, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

337,731
1,929
90,402
337,726*6
36,87826,421(362)
830,727

*3

*3

*3

*1

5,815
(2,079)3,735
15,479(1,025)
14,454
2,418
1,913(1,223)689
21,297
3,031
13,171
6,272
5,430
(18)
24,85649,185879,913

FY 2022(As of September 30, 2022)

349,305
2,198
95,717461,388*6
43,26230,128(344)
981,656

*3

*3

*3

*1

6,357
(2,417)
3,939
15,149(1,035)
14,1132,277
2,217(1,424)792
21,123
2,925
13,271
5,150
7,066
(18)
25,47049,5181,031,174| 4Open House Group Co., Ltd. (3288)

(Millions of yen)
FY 2021(As of September 30, 2021)
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
Contract liabilities
Guarantee deposits received
Provision for bonuses
Provision for warranties for completed
construction
Other
Total current liabilities
Non-current liabilities
Bonds payable
Long-term borrowings
Deferred tax liabilities
Provision for share awards
Retirement benefit liability
Asset retirement obligations
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuationdifferenceonavailable-for-salesecurities
Foreign currency translation adjustment
Total accumulated other comprehensive income
Share acquisition rights
Non-controlling interests
Total net assets
Total liabilities and net assets

*4
*4,*5

1,166
20,8504,713
104,684242
57,142
18,23926,9531,768
3,655

FY 2022(As of September 30, 2022)

*4
*4,*5

1,039
15,781
256,237*4,*5

10,605
264,502
121
257
311
150
583
276,532
532,769

1,238
31,2208,104
144,309242
39,262
20,29235,854
2,789
4,669
1,139
20,373
309,495*4,*5

10,363314,784
－
－
318
211
298
325,976
635,472

19,93929,068244,248(0)
293,256

20,07019,882286,286(18)
326,221

12
540
552
551
52,782
347,143879,913(34)
11,434
11,399474
57,606
395,702
1,031,174| 5Open House Group Co., Ltd. (3288)

2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income
Consolidated Statements of Income(Millions of yen)
FY 2021(From October 1, 2020 to
September 30, 2021)
Revenue
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Rental income from buildings
Foreign exchange gains
Share of profit of entities accounted for using equity
methodOther
Total non-operating income
Non-operating expenses
Loss on valuation of investment securities
Interest expenses
Commission expenses
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on bargain purchaseTotal extraordinary income
Extraordinary losses
Loss on step acquisitions
Loss on sale of shares of subsidiaries and associates
Impairment losses
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes – deferred
Income taxes
ProfitProfit (loss) attributable to non-controlling interests
Profit attributable to owners of parent*2*1

810,540
655,224
155,315
54,211
101,103

FY 2022(From October 1, 2021 toSeptember 30, 2022)*2*1952,686
768,117
184,568
65,210
119,358

17
13
149
437

170
1,853
174
5,069

1,395
458
2,473

383
638
8,291

1,362
3,118
869
635
5,986
97,590

1,942
3,531
601
407
6,482
121,166

15,475
15,475－－

11,095－－
11,095
101,970
29,843(611)
29,23272,7383,156
69,582

－
119
58
178
120,988
35,9391,110
37,05083,937
6,053
77,884*3| 6Open House Group Co., Ltd. (3288)

Consolidated Statements of Comprehensive Income(Millions of yen)
FY 2021(From October 1, 2020 to
September 30, 2021)
ProfitOther 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 ofparentComprehensive income attributable to noncontrolling interests

FY 2022(From October 1, 2021 toSeptember 30, 2022)

72,73883,937

9
1,731

(45)
10,8883
1,744
74,483

12
10,855
94,79371,32988,749

3,153

6,043

| 7

Open House Group Co., Ltd. (3288)

3) Consolidated Statement of Changes in Equity
FY 2021 (From October 1, 2020 to September 30, 2021)(Millions of yen)
Shareholders’ equity
Share capital
Balance at beginning of period

Capital surplus

Retained earnings

Treasury shares

Total shareholders’equity186,047(0)234,666

19,741

28,877

151

151

302

46

46

93

Changes in items during period
Issuance of new shares (Exerciseof share acquisition rights)
Issuance of new shares(Issuance of restricted shares)
Dividends of surplus(11,330)(11330)

Profit attributable to owners ofparent69,582

69,582

Change in scope of consolidation

(50)

(50)

Change in treasury shares ofparent arising from transactions
with noncontrolling shareholders
Net changes of items other thanshareholders’ equity
Total changes in items during
periodBalance at end of period

(7)

(7)

197

190

58,201－

58,59019,93929,068244,248(0)

293,256

Total accumulated Subscription
rights toothersharescomprehensive
incomeNoncontrollinginterest

Total net assets－

233,695

Accumulated other comprehensive income

Balance at beginning of period

Valuationdifference on
available-forsale securities

Foreign currencytranslation
adjustment

7(1,195)(1,188)217

Changes in items during period
Issuance of new shares (Exerciseof share acquisition rights)
Issuance of new shares(Issuance of restricted shares)

302
93

Dividends of surplus(11,330)

Profit attributable to owners ofparent69,582

Change in scope of consolidation(50)

Capital increase of consolidated
subsidiaries
Net changes of items other thanshareholders’ equity
Total changes in items during
period

4

1,736

1,741

333

52,78254,857

4

1,736

1,741

333

52,782

113,447

Balance at end of period

12

540

552

551

52,782

347,143(7)| 8Open House Group Co., Ltd. (3288)

FY 2022 (From October 1, 2021 to September 30, 2022)(Millions of yen)
Shareholders’ equity
Share capital
Balance at beginning of period

Capital surplus

Retained earnings

Treasury shares

Total shareholders’equity244,248(0)

293,256

19,93929,068

75

75

151

54

54

109

Changes in items during period
Issuance of new shares (Exerciseof share acquisition rights)
Issuance of new shares(Issuance of restricted shares)
Dividends of surplus(15,648)(15,648)

Profit attributable to owners ofparent77,88477,884Purchase of treasury shares
Disposal of treasury shares(9,467)(20,514)

Change in scope of consolidation
Capital increase of consolidated
subsidiaries
Net changes of items other thanshareholders’ equity
Total changes in items during
periodBalance at end of period(30,000)(30,000)

29,982

－

316

316

151

151

130

(9,185)42,037(17)32,96420,07019,882286,286(18)

326,221

Accumulated other comprehensive income

Balance at beginning of period

Valuationdifference on
available-forsale securities

Foreign currencytranslation
adjustment

12

540

Total accumulated Subscription
rights toothersharescomprehensive
income552

551

Noncontrollinginterest
52,782

Total net
assets347,143

Changes in items during period
Issuance of new shares (Exerciseof share acquisition rights)
Issuance of new shares (Issuanceof restricted shares)

151
109

Dividends of surplus(15,648)

Profit attributable to owners ofparent77,884

Disposal of treasury shares(30,000)

Change in scope of consolidation－

Change in scope of consolidation

316

Capital increase of consolidated
subsidiaries
Net changes of items other thanshareholders’ equity
Total changes in items during
period(47)

10,893

10,846

(77)

4,824

15,593(47)

10,893

10,846

(77)

4,824

48,558

Balance at end of period(34)

11,434

11,399474

57,606

395,702151| 9Open House Group Co., Ltd. (3288)

4)Consolidated Statements of Cash FlowsFY 2021(From October 1, 2020 to
September 30, 2021)

Cash flows from operating activities
Profit before income taxes
Depreciation
Share-based payment expenses
Increase (decrease) in provision for bonuses
Increase (decrease) in provision for share awards
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in provision for warranties forcompleted construction
Increase (decrease) in retirement benefit liability
Loss (gain) on sale of shares of subsidiaries andassociates
Loss (gain) on valuation of investment securities
Share of loss (profit) of entities accounted for using
equity method
Loss (gain) on step acquisitions
Gain on bargain purchase
Interest and dividend income
Foreign exchange losses (gains)
Interest expenses
Amortization of bond issuance costs
Decrease (increase) in trade receivables
Decrease (increase) in inventories
Increase (decrease) in trade payables
Decrease (increase) in operating loans receivable
Increase (decrease) in contract liabilities
Increase (decrease) in guarantee deposits received
Increase (decrease) in deposits received
Decrease (increase) in advance payments to suppliers
Other, net
SubtotalInterest and dividends received
Dividends received from entities accounted for using
equity method
Interest paid
Income taxes paid
Net cash provided by (used in) operating activities(Millions of yen)
FY 2022(From October 1, 2021 toSeptember 30, 2022)

101,970
953
223
745
47
7

120,988
1,375
205
1,014
(257)
(17)

41
(16)

99
7

－
1,362

119
1,942

(1,395)
11,095(15,475)
(31)
(213)
3,118
24
(826)
(24,945)
2,036
585
5,682
284
(321)
(2,493)
1,545
84,007
26

(383)
－
－
(2,024)(4,346)3,531－
92(116,798)
13,833(6,384)
7,307
802
4,224
(1,136)(2,303)
21,892
2,024－(3,090)(30,819)
50,123207(3,508)(36,969)(16,353)| 10Open House Group Co., Ltd. (3288)

(Millions of yen)
FY 2021(From October 1, 2020 to
September 30, 2021)
Cash flows from investing activities
Payments into time deposits
Purchase of property, plant and equipment
Proceeds from sale of property, plant and equipment
Purchase of intangible assets
Loan advances
Proceeds from collection of loans receivable
Purchase of investment securities
Proceeds from sale and redemption of investment
securities
Purchase of shares of subsidiaries and associates
Proceeds from sale of shares of subsidiaries andassociates
Proceeds from purchase of shares of subsidiaries
resulting in change in scope of consolidation
Payments for investments in capital of subsidiaries andassociates
Repayment from investment in capital of subsidiaries
and affiliates
Payments of leasehold and guarantee deposits
Proceeds from refund of leasehold and guarantee
deposits
Other, net
Net cash provided by (used in) investing activities
Cash flows from financing activities
Proceeds from short-term borrowings
Repayments of short-term borrowings
Proceeds from long-term borrowings
Repayments of long-term borrowings
Proceeds from issuance of bonds
Redemption of bonds
Proceeds from exercise of employee share options
Purchase of treasury shares
Repayments to non-controlling shareholders
Proceeds from share issuance to non-controllingshareholders
Dividends paid
Dividends paid to non-controlling interests
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash
equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Increase (decrease) in cash and cash equivalents resulting
from change in scope of consolidation
Cash and cash equivalents at end of period

FY 2022(From October 1, 2021 toSeptember 30, 2022)(125)(1,786)
94
(381)
(735)
373
(7,644)(0)(3,139)28(487)(1,171)
5,166(3,203)

54
(403)

－
－

－

17

35,256－－(3,174)－(1,688)3,107(1,934)254
274
23,541268
156(4,367)275,146(280,633)
171,704(123,820)
9,957
(242)
193
－
－

262,358(212,514)
197,430(175,277)
－
(242)
98
(30,000)(1,182)－(11,330)(388)
40,588668(15,648)(997)
24,694809
115,063
219,218

6,858
10,832
334,506

224
334,506

741
346,080| 11

Open House Group Co., Ltd. (3288)

(Notes to Consolidated Balance Sheets)*1
The following items are related to nonconsolidated subsidiaries and affiliates.
(Millions of yen)

FY 2021(As of September 30, 2021)
Other in Investments and other assets

FY 2022(As of September 30, 2022)

438

100

11,631

9,178

Investment securities (Shares)
Other in Investments and other assets(Investments in capital)
2

Guarantee obligations(Millions of yen)

FY 2021(As of September 30, 2021)
Debt guarantees for our customers’ housing loans

FY 2022(As of September 30, 2022)

2,255

853

389

224

2,644

1,078

from financial institutions (until they have completed
registration of establishment of mortgage)
Guarantees of borrowings from financial institutions
by subsidiaries and affiliates
Total
*3

The accumulated amount of impairment loss is included in the amount of accumulated depreciation.
(Millions of yen)

FY 2021(as of September 30, 2021)
Accumulated impairment loss
*4

FY 2022(as of September 30, 2022)
84

141

The Company and 3 consolidated subsidiaries (Open House Development Co., Ltd., IB Net Co., Ltd. and Hawk One
Corporation) have current account overdraft and commitment line agreements, the balance of unexecuted loans as ofthe end of the fiscal year under review, based on these agreements, is as follows:(Millions of yen)

FY 2021(as of September 30, 2021)

FY 2022(as of September 30, 2022)

Total loan commitment

141,700

158,900

Outstanding loans

99,332

132,556

Balance of unexecuted loans

42,367

26,343*5

Financial restraint clause
The Company and some of its consolidated subsidiaries concluded contracts for a syndicate loan payable and a termloan payable with financial institutions. The contracts include a financial restraint clause with criteria set by certain
indicators that are computed based on the consolidated balance sheet, income statements, etc.

*6

Liquidation of receivables
The Company transfers part of its operating loans and liquidates receivables(Millions of yen)

FY 2021(as of September 30, 2021)
Total amount of transfer of operating loans from11,975FY 2022(as of September 30, 2022)
11,556liquidation of receivables(Notes to Consolidated Statements of Income)| 12Open House Group Co., Ltd. (3288)

*1

Selling, general and administrative expenses include the following major items and amounts.
(Millions of yen)

FY2021(From October 1, 2020
to September 30, 2021)

FY2022(From October 1, 2021
to September 30, 2022)

Directors' compensations

1,336

1,614

Salaries

9,984

12,824

Provision for bonuses

1,457

1,746

Provision for share-based remuneration

47

26

Retirement benefit expenses

176

225

Advertising expenses

3,431

3,874

Rent expenses on land and buildings

4,924

6,433

Taxes and dues

7,012

8,301

Sales commission

5,517

7,288

Commission expenses

7,163

7,075

*2

The balance of inventories as of the end of the period is the amount after the carrying value is being written down,
and the following appraisal losses are included in the cost of revenue.
(Millions of yen)

FY 2021(From October 1, 2020
to September 30, 2021)

FY 2022(From October 1, 2021
to September 30, 2022)

6,440

2,027

| 13

Open House Group Co., Ltd. (3288)

(Notes to Consolidated Statements of Cash Flows)* Reconciliation of balance of “cash and cash equivalents at the end of period” and the amounts of items stated in the
consolidated balance sheet is as follows:(Millions of yen)

FY2021(From October 1, 2020
to September 30, 2021)

FY2022(From October 1, 2021
to September 30, 2022)

Cash and deposits

337,731349,305

Time deposits of over three months(3,215)(3,215)(9)(9)

334,506

346,080

Restricted deposit
Cash and cash equivalents(Segment and Other Information)
1. Outline of reportable segments
The reportable segments of the Group comprise those business units for which separate financial information isavailable, and which are subject to a regular review conducted by the Company’s Board of Directors in order todetermine the allocation of management resources and evaluate their performance.
2.

Method for calculating revenue, income/loss, assets, liabilities, and other items for reportable segments
The accounting policies of reportable segments are generally the same as those described in “Basis of Presenting
the Consolidated Financial Statements.”
Segment income is based on operating income.
Intersegment revenue and transfers are based on market price.

3.

Information on revenue, income or loss, and other items by reportable segment
FY2021 (From October 1, 2020 to September 30, 2021)（Millions of yen）
Reportable Segment
Single-family
homes
Condominium
related

Property
resaleOthersPressance
Corporation

Total

Adjustments(Note 1)

Amount Recordedon Consolidated
Statements ofIncome (Note 2)

Revenue
Revenue from
Outside Customers

446,959

46,676

122,718

44,848149,337

810,540－

810,540

－

471

343

310

0

1,126

(1,126)－

Total

446,959

47,147123,061

45,159149,337

811,666(1,126)

810,540

Segment Income

62,294

6,507

12,285

5,232

16,502

102,822(1,719)101,103

Depreciation

406

33

19

70

319

847

106

953

Amortization of
goodwill

402

－

－

20

－

423

－

423

Intersegment
revenue andtransfers

Other items(Note)
１. Adjustment of ¥ (1,719) million for segment income includes intersegment elimination of ¥189 million andcorporate expenses of ¥ (1,909) million that is not distributed to the reportable segments. Corporate expenses are
2.

primarily general and administrative expenses that do not belong to the reportable segments.
Segment income has been adjusted to operating income described in consolidated statements of income.

| 14

Open House Group Co., Ltd. (3288)

3.
4.

Segment assets are not listed as assets are not allocated to reportable segments.
Adjustment for depreciation and amortization refers to depreciation expenses related to corporate assets.
FY 2022 (From October 1, 2021 to September 30, 2022)（Millions of yen）
Reportable Segment
Single- family
homes
Condominium
related

Property
resaleOthersPressance
Corporation

Total

Adjustments(Note 1)

Amount Recordedon Consolidated
Statements ofIncome (Note 2)

Revenue
Revenue fromcontracts withcustomers

505,389

62,362

127,867

70,761

142,265

908,64610

908,656

Other revenues

11,164－

26,237

3,569

3,059

44,029－44,029

Revenue from
Outside Customers

516,554

62,362

154,104

74,330145,324

952,676

10

952,686

－

－

1,857

140

－

1,998

(1,998)－

Total

516,554

62,362

155,961

74,471

145,324

954,674(1,987)

952,686

Segment Income

63,014

10,654

17,6698,205

20,727120,271(913)

119,358

Depreciation

503

57

20

103

487

1,171

203

1,375

Amortization of
goodwill

402

－

－

20

－

423

－

423

Intersegment
revenue andtransfers

Other items(Note)
1.

Adjustment of ¥ 913 million for segment income includes intersegment elimination of ¥343 million and corporate
expenses of ¥ 580 million that is not distributed to the reportable segments. Corporate expenses are primarily

2.

general and administrative expenses that do not belong to the reportable segments.
Segment income has been adjusted to operating income described in consolidated statements of income.

3.
4.

Segment assets are not listed as assets are not allocated to reportable segments.
Adjustment for depreciation and amortization refers to depreciation expenses related to corporate assets.

| 15

Open House Group Co., Ltd. (3288)

Non-Consolidated Financial Statements
1) Non-Consolidated Balance Sheets(Millions of yen)
FY 2021(As of September 30, 2021)

AssetsCurrent assets
Cash and deposits
Trade accounts receivable and Contract assets
Prepaid expenses
Short-term loans receivable from subsidiaries andassociates
Income taxes refund receivable
Consumption taxes refund receivable
Other
Total current assets
Non-current assets
Property, plant and equipment
Buildings
VehiclesTools, furniture and fixtures
Other
Total property, plant and equipment
Intangible assets
Software
Other
Total intangible assets
Investments and other assets
Investment securities
Shares of subsidiaries and associates
Long-term prepaid expenses
Leasehold and guarantee deposits
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

FY 2022(As of September 30, 2022)

92,665
1,709
379

35,6483,366
435

23,210
6,158
－
2,060
126,184

98,842
9,122
395
2,424
150,236

1,407
66
230
78
1,783

82
39
51
92
266

120
1
122

139
57
196

597
101,633
64
2,606
917
28
(1)
105,846
107,752
233,936

3,472
101,606
62
2,790
273
27
(2)
108,230
108,693258,930| 16

Open House Group Co., Ltd. (3288)

(Millions of yen)
FY2021(As of September 30, 2021)
Liabilities
Current liabilities
Current portion of bonds payable
Current portion of long-term borrowings
Accounts payable - otherAccrued expenses
Contract liabilities
Deposits received
Provision for bonuses
Other
Total current liabilities
Non-current liabilities
Bonds payable
Long-term borrowings
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Share capital
Capital surplus
Legal capital surplus
Other capital surplus
Total capital surplus
Retained earnings
Legal retained earnings
Other retained earnings
Retained earnings brought forward
Total retained earnings
Treasury shares
Total shareholders' equity
Valuation and translation adjustments
Valuationdifferenceonavailable-for-salesecurities
Total valuation and translation adjustments
Share acquisition rights
Total net assets
Total liabilities and net assets

FY 2022(As of September 30, 2022)

242
7,565
1,188
523
1,071
136
1,340
645
12,714

242
8,740
805
112
－
70
280
105
10,355

10,60589,737
100,342
113,056

10,363
118,472
128,835
139,191

19,93920,07019,722
11,11130,83419,853－
19,85335

35

69,95469,990(0)120,764

79,70479,739(18)
119,6452
2
112
120,879
233,936

(47)
(47)
141
119,738
258,930| 17Open House Group Co., Ltd. (3288)

2) Non-Consolidated Statements of Income(Millions of yen)
FY 2021(From October 1, 2020 to
September 30, 2021)

Operating revenue
Operating costs
Operating gross profit
Selling, general and administrative expenses
Operating expenses
Total selling, general and administrative expenses andoperating expenses
Operating profit
Non-operating income
Interest income
Dividend income
Guarantee commission received
Foreign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Loss on valuation of shares of subsidiaries andassociates
Interest on bonds
Amortization of bond issuance costs
Guarantee commission
Commission expenses
Other
Total non-operating expenses
Ordinary profit
Profit before income taxes
Income taxes – current
Income taxes – deferred
Total income taxes
ProfitFY 2002(From October 1, 2021 toSeptember 30, 2022)

17,835
8,888
8,947
6,248
－

56,4202,121
54,298
1,815
6,407

6,248
2,699

8,222
46,076314
33,983
188
84
223
34,793

582
723
230
480
192
2,209

912

1,055

271
23
24
150
361
169
1,913
35,57935,579554△63491
35,088

26
98
－
192
407
92
1,872
46,412
46,412149
351
500
45,912| 18

Open House Group Co., Ltd. (3288)

3) Non-Consolidated Statements of Changes in Equity
FY 2021 (From October 1, 2020 to September 30, 2021)(Millions of yen)
Shareholders’ equity
Capital surplus
SharecapitalOther
capitalsurplus

Legal capitalsurplusRetained earnings
Other retained
earnings

Total capital Legal retained
surplusearnings

19,524

11,111

30,636

151

151

151

46

46

46

35

Total retained
earnings

46,196

46,232

Dividends of surplus(11,330)(11,330)

Net income

35,08835,088

Balance at beginning of period

19,741Retainedearnings
brought forward

Changes during period
Issuance of new shares (Exerciseof subscription rights to shares)
Issuance of new shares(Issuance of restricted shares)

Net changes of items other thanshareholders’ equity
Total changes during period
Balance at end of period

197

197

－

197

－

23,75723,757

19,93919,722

11,11130,83435

69,95469,990Shareholders’ equity

Balance at beginning of period

Treasury shares

Total
shareholders’equity(0)96,610

Valuation andtranslation adjustments
Subscription
Valuation
Total net assets
Total valuation andrights to sharesdifference ontranslation
available-for-saleadjustments
securities
6

6

217

96,835

Changes during period
Issuance of new shares (Exerciseof subscription rights to shares)
Issuance of new shares(Issuance of restricted shares)
Dividends of surplus
Net income

302

260

93

93

(11,330)(11,330)

35,08835,088Net changes of items other thanshareholders’ equity

(4)

(4)

(105)

(109)

Total changes during period－

24,153

(4)

(4)

(105)

24,044

Balance at end of period(0)120,7642

2

112

120,879| 19

Open House Group Co., Ltd. (3288)

FY 2022 (From October 1, 2021 to September 30, 2022)(Millions of yen)
Shareholders’ equity
Capital surplus
SharecapitalOther
capitalsurplus

Legal capitalsurplusRetained earnings
Other retained
earnings

Total capital Legal retained
surplusearnings

19,722

11,11130,834

75

75

75

54

54

54

35

Total retained
earnings

69,95469,990

Dividends of surplus(15,648)(15,648)

Net income

45,91245,912(20,514)(20,514)

Balance at beginning of period

19,939Retainedearnings
brought forward

Changes during period
Issuance of new shares (Exerciseof subscription rights to shares)
Issuance of new shares(Issuance of restricted shares)

Purchase of treasury shares
Disposal of treasury shares
Decrease by corporate divisionsplit-off typeNet changes of items other thanshareholders’ equity
Total changes during period
Balance at end of period(9,467)(9,467)(1,643)(1,643)130

130(11,111)(10,981)

－

9,749

9,749

20,07019,853－

19,85335

79,70479,739

Shareholders’ equity

Balance at beginning of period

Treasury shares

Total
shareholders’equity(0)120,764

Valuation andtranslation adjustments
Subscription
Valuation
Total net assets
Total valuation andrights to sharesdifference ontranslation
available-for-saleadjustments
securities
2

2

112

120,879

Changes during period
Issuance of new shares (Exerciseof subscription rights to shares)
Issuance of new shares (Issuanceof restricted shares)
Dividends of surplus

151

151

109

109

(15,648)(15,648)

45,91245,912

Purchase of treasury shares(30,000)(30,000)(30,000)

Disposal of treasury shares

29,982－－(1,643)(1,643)

Net income

Decrease by corporate divisionsplit-off typeNet changes of items other thanshareholders’ equity

(50)

(50)

29

(21)

Total changes during period(17)(1,119)

(50)

(50)

29

(1,140)

Balance at end of period(18)

119,645

(47)

(47)

141

119,738

Note to non-consolidated financial statements(Notes on Significant subsequent events)
Not applicable| 20Open House Group Co., Ltd. (3288)