Open House announces share buyback, auditor change, and business expansion

Open House Group's board of directors has approved the acquisition and cancellation of up to 5 million common shares, representing 4.44% of outstanding shares, for up to JPY 25 billion between November 17, 2025, and September 30, 2026. This initiative aims to enhance shareholder value and maintain a flexible capital policy, aligning with an updated shareholder return policy targeting a total return ratio of 40% or more. All acquired shares are slated for cancellation by October 30, 2026.

Concurrently, the company announced a change in its accounting auditor, appointing Ernst & Young Shin Nihon LLC, replacing Deloitte Touche Tohmatsu LLC, effective December 24, 2025. This change follows a comprehensive review of the outgoing auditor's 21-year tenure. Additionally, the company will propose amendments to its articles of incorporation, diversifying business objectives to include financial instruments business and real estate investment advisory business.

These strategic adjustments follow a strong FY2025 performance, with net sales reaching JPY 1,336,468 million and profit attributable to owners of parent at JPY 100,670 million. Open House Group projects continued growth into FY2026, forecasting net sales of JPY 1,485,000 million and profit attributable to owners of parent of JPY 112,000 million.