[Translation for Reference Purpose Only]

August 19, 2022

To All Concerned Parties

Company Name:

Open House Group Co., Ltd.

Representative:

Masaaki Arai, President and CEO

Securities code:

3288, TSE

Contact:

Kotaro Wakatabi, Senior Managing Director and CFO

Notice Regarding the Receipt of Dividends from Consolidated Subsidiaries

Open House Group Co., Ltd. (the "Company") hereby announces that the receipt of dividends from its consolidated subsidiaries will have an impact on its non-consolidated financial results, as detailed below.

1. Details of Dividends

The Company's consolidated subsidiaries resolved to distribute dividends from surplus on August 19, 2022.

(1) Name of Consolidated Subsidiary and Dividend Amount:

Open House Development Co., Ltd.

35.0 billion yen

HAWK ONE CORPORATION

6.0 billion yen

Open House Real Estate Co., Ltd.

3.0 billion yen

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Total

44.0 billion yen

  1. Effective date September 29, 2022

2. Impact on Financial Results

As a result of the receipt of these dividends, the Company expects to record operating revenue of 44 billion yen in its non-consolidated financial results for FY2022. There will be no impact on its consolidated financial results for FY 2022, as the dividends are from its consolidated subsidiaries.

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Open House Co. Ltd. published this content on 19 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 August 2022 07:43:15 UTC.