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Open House Group (3288) · FactRecovery in demand for detached housingLatest Earnings presentation materials (2026-08-07): "Restated"

Rising demand for centrally located detached homes amid higher prices for newly built condominiums

First written in FY2020-Q1. 5 of 15 entries say "Restated". Latest entry: 2026-08-07.

15entries
7years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2020 – FY2021RestatedFY2022-Q1 – 2026-08-072020: 420202021: 420212022: 220222023: 220232024: 020242025: 120252026: 22026
Same theme, other companies
Expansion of demand for detached homes in central urban areas driven by rising new condominium pricesA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2025-H1Recovery in demand for detached housingAnnual report

    「In the detached housing-related business, gross profit margin improved significantly, supported by recovering demand for detached housing and the successful replacement of inventory undertaken in the previous consolidated fiscal year.」

    Regarding demand for detached housing, which had been described as trending toward normalisation during the COVID-19 pandemic, the Company cited recovering demand as a factor behind performance during the current interim consolidated accounting period.
  2. FY2023Demand normalisation and solid performanceAnnual report

    「Subsequently, as conditions shifted from zero-COVID to living with COVID-19, extremely high demand for detached housing showed signs of normalising. However, demand for conveniently located detached housing in central Tokyo remained firm.」

    The Company explained that demand for detached housing, which had surged during the COVID-19 pandemic, was trending toward normalisation, while demand for conveniently located detached housing in central Tokyo remained solid.
  3. FY2023-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, land prices and material prices rose against a backdrop of stronger demand, and margins normalised.」

    The Company continued to describe a market environment in which land and material prices were rising against a backdrop of stronger housing demand for workspace and other features.
  4. FY2022-Q3RestatedAnnual report

    「Demand for workspace and other features at home, which had continued under the new lifestyle that spread following the outbreak of COVID-19, remained firm, and revenue remained solid.」

    The Company continued to explain that demand for workspace and other features at home remained firm under the new lifestyle, and that revenue from detached housing remained solid.
  5. FY2022-Q1RestatedAnnual report

    「This was due, among other factors, to rising demand for detached housing in central Tokyo as more customers sought workspace and other features at home under the new lifestyle that spread following the outbreak of COVID-19.」

    The Company continued to explain that more customers sought workspace under the new lifestyle, resulting in rising demand for detached housing in central Tokyo.
  6. FY2021AdvancedAnnual report

    「This was because sales remained strong in response to rising demand for detached housing in central Tokyo, as more customers sought workspace and other features at home under the new lifestyle that spread following the outbreak of COVID-19.」

    The Company explained that rising demand for detached housing in central Tokyo, supported by the new lifestyle and demand for workspace, led to higher revenue and profit in the detached housing-related business for the full fiscal year.
  7. FY2021-Q3AdvancedAnnual report

    「In the detached housing-related business, sales remained strong in response to rising demand for detached housing in central Tokyo, as more customers sought workspace and other features at home under the new lifestyle that spread following the outbreak of COVID-19.」

    The Company explained that more customers sought workspace under the new lifestyle, and that rising demand for detached housing in central Tokyo led to strong sales.
  8. FY2021-Q2AdvancedAnnual report

    「This was because sales remained strong in response to rising demand for detached housing in central Tokyo, as more customers sought workspace and other features at home under the new lifestyle that spread following the outbreak of COVID-19.」

    The Company explained that more customers sought workspace at home under the new lifestyle, leading to stronger demand for and sales of detached housing in central Tokyo.
  9. FY2021-Q1AdvancedAnnual report

    「This was mainly because sales remained strong amid lifestyle changes following the spread of COVID-19, among other factors. As many households spent more time together at home to prevent the spread of infection and opportunities for working from home increased, demand for workspace at home grew.」

    The Company explained that more time spent at home and increased working from home amid the spread of the pandemic, together with stronger demand for workspace, led to strong sales in the detached housing-related business.
  10. FY2020AdvancedAnnual report

    「As lifestyles changed following the spread of COVID-19, families spent more time together at home and opportunities for telework increased. This brought attention to detached housing, which can more easily accommodate new housing needs such as the desire for workspace. As a result, the number of brokerage contracts for detached housing and other properties in the Group remained well above the previous consolidated fiscal year's level.」

    The Company explained that rising demand for detached housing due to more time spent at home and increased telework led to 6,940 brokerage contracts for the full fiscal year, up 26.1% year on year.
  11. FY2020-Q3Emergence of demand for detached housing due to telework and other factorsAnnual report

    「In addition to people refraining from going out and spending more time together at home as a family, opportunities for working from home, including web conferences, increased. This heightened interest in detached housing, where it is easier to secure private rooms and workspace, and the number of brokerage contracts in May and June was extremely strong.」

    The Company explained that increased time spent at home and more working from home, triggered by the spread of COVID-19, heightened interest in detached housing, where it is easier to secure private rooms and workspace.
  12. FY2020-Q2RestatedAnnual report

    「This was because business performance progressed smoothly in response to rising demand for detached housing in central Tokyo, driven by higher prices and declining sales volumes for new condominiums.」

    The Company continued to describe rising demand for detached housing in central Tokyo against a backdrop of higher new condominium prices and lower sales volumes.
  13. FY2020-Q1First statedAnnual report

    「This was because sales progressed smoothly against a backdrop of rising prices and declining sales volumes for new condominiums, which increased demand for detached housing in central Tokyo.」

    The Company newly described a market environment in which demand for detached housing in central Tokyo was rising against a backdrop of higher prices and lower sales volumes for new condominiums.
Moved together

"Expansion of Brokerage Sales Platform Through Additional Locations" moved the same way as this thread, in the same document, in 5 of its 15 moves.

555555★123456
  1. ★This thread
  2. 1Expansion of Brokerage Sales Platform Through Additional Locations5×
  3. 2Revenue and Operating Profit Growth Across All Segments and Business Expansion5×
  4. 3Increase in Shares and Capital Through the Exercise of Stock Acquisition Rights5×
  5. 4Capital and Business Alliance with プレサンス and Conversion into an Equity-Method Affiliate5×
  6. 5Capturing Business Opportunities in Detached Housing Amid COVID-195×
  7. 6Growth in the Number of Brokerage Contracts5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Open House Group yet. It last moved in the Earnings presentation materials of 2026-08-07: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Rising demand for centrally located detached homes amid higher prices for newly built condominiums | Open House Group Co.,Ltd. (3288) | Komori