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32382026 Q3StandardJGAAP

CENTRAL GENERAL DEVELOPMENT (3238) FY2026 Q3 Earnings Report

For FY2026 Q3, revenue came to ¥17.7B (+107.1% year on year) and operating loss ¥1.1B. The segment drivers and cash flow follow.

Real Estate/Real Estate


Financial Highlights

  • Net Sales: ¥17.67B
  • Operating Income: ¥-1.09B
  • Net Income: ¥-1.12B
  • EPS: ¥-116.15

Income Statement

ItemCurrentPriorYoY %
Net Sales¥17.67B¥8.53B+107.1%
Cost of Sales¥15.02B¥7.11B+111.3%
Gross Profit¥2.64B¥1.42B+86.2%
SG&A Expenses¥3.73B¥2.94B+27.2%
Operating Income−¥1.09B−¥1.52B+28.1%
Non-operating Income¥41M¥37M+9.2%
Non-operating Expenses¥522M¥406M+28.7%
Ordinary Income−¥1.57B−¥1.89B+16.6%
Profit Before Tax−¥1.57B−¥1.88B+16.5%
Income Tax Expense−¥459M−¥553M+16.9%
Net Income−¥1.12B−¥1.33B+16.3%
Net Income Attributable to Owners−¥1.11B−¥1.33B+16.3%
Total Comprehensive Income−¥1.07B−¥1.31B+18.3%
Interest Expense¥473M¥357M+32.4%
Basic EPS−¥116.15−¥139.09+16.5%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥35.72B¥32.62B+¥3.10B
Cash and Deposits¥1.29B¥978M+¥308M
Accounts Receivable¥161M¥238M−¥77M
Non-current Assets¥13.52B¥12.79B+¥730M
Property, Plant & Equipment¥11.85B¥11.63B+¥215M
Intangible Assets¥205M¥159M+¥45M
Investment Securities¥288M¥232M+¥56M
Total Assets¥49.24B¥45.41B+¥3.83B
Current Liabilities¥24.44B¥15.47B+¥8.97B
Accounts Payable¥536M¥800M−¥264M
Short-term Loans¥20.93B¥12.31B+¥8.63B
Non-current Liabilities¥15.75B¥19.69B−¥3.95B
Long-term Loans¥14.38B¥18.39B−¥4.01B
Total Liabilities¥40.18B¥35.16B+¥5.02B
Total Equity¥9.06B¥10.26B−¥1.20B
Capital Stock¥1.35B¥1.35B¥0
Capital Surplus¥1.03B¥1.03B+¥604,000
Retained Earnings¥5.83B¥7.08B−¥1.25B
Treasury Stock−¥27M−¥37M+¥9M
Owners' Equity¥9.06B¥10.26B−¥1.20B
Working Capital¥11.28B--

Profitability Ratios

ItemValue
Net Profit Margin−6.3%
Gross Profit Margin15.0%
Current Ratio146.2%
Quick Ratio146.2%
Debt-to-Equity Ratio4.44x
Interest Coverage Ratio−2.31x
Effective Tax Rate29.2%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+107.1%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)9.68M shares
Treasury Stock67K shares
Average Shares Outstanding9.60M shares
Book Value Per Share¥942.36

Dividend Information

ItemAmount
Q2 Dividend¥0.00

Segment Information

SegmentRevenueOperating Income
BuildingAndCondominiumLeaseManagementOperation¥2.97B¥387M
OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness¥33M¥9M
RealEstateSalesOperation¥14.67B−¥648M

Full Year Forecast

ItemForecast
Net Sales Forecast¥46.00B
Operating Income Forecast¥1.50B
Ordinary Income Forecast¥800M
Net Income Attributable to Owners Forecast¥500M
Basic EPS Forecast¥52.13
Dividend Per Share Forecast¥16.00