Komori
Central General Development (3238) · TargetRestated

Achieving a Consolidated Equity Ratio of 30% and Maintaining Financial Strength

First written in FY2023. 2 of 9 entries say "Softened", first in FY2025. Latest entry: FY2026.

9entries
4years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2023 – FY2024WorsenedFY2025-H1SoftenedFY2025 – 2026-05-082023: 320232024: 320242025: 120252026: 22026
Same theme, other companies
Optimal capital structure with a 40–50% equity ratio as a benchmarkA theme 47 companies write about · 2 as a headwind · 44 as a tailwind

Central General Development moved to the "Worse" side of this theme in 2025, 1 year after the typical company in this theme (2024).

The whole theme swung hardest in 2019: 3 of 22 companies on the "Worse" side.

9 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 47 companies compared. The sentences above are computed from all 47.
Full recordFilings, disclosures and news, newest first
  1. FY2026RestatedAnnual report

    「With regard to its financial base, the Company intends to maintain financial strength based on a target consolidated equity ratio of 20–30%.」

    The Company reaffirmed its policy of maintaining financial strength based on a target consolidated equity ratio of 20–30%. The equity ratio at the end of the current fiscal year was 22.3%.
  2. 2026-05-08SoftenedEarnings

    「自己資本比率(%) 28.6 31.4 27.2 22.6 22.3」

    自己資本比率は前年度の22.6%から22.3%へ低下し、従来の30%目標を下回る状態が継続した。
  3. FY2025SoftenedAnnual report

    「With regard to its financial base, the Company intends to maintain financial strength based on a target consolidated equity ratio of 20–30%.」

    The wording was changed from achieving and maintaining a consolidated equity ratio of 30% to targeting a ratio of 20–30%. The equity ratio at the end of March 2025 was 22.6%.
  4. FY2025-H1WorsenedAnnual report

    「Equity ratio (%) 20.1 23.5 27.2」

    The equity ratio declined to 20.1%, compared with 23.5% in the same period of the previous year and 27.2% at the end of the previous fiscal year, remaining below the 30% target achieved for the fiscal year ended March 2023.
  5. FY2024Equity ratio continues to declineAnnual report

    「Equity ratio (%) 26.8 25.5 28.6 31.4 27.2」

    The equity ratio declined from 31.4% at the end of the previous fiscal year to 27.2%, remaining below the 30% target achieved for the fiscal year ended March 2023 for the full fiscal year.
  6. FY2024-Q3Further decline in the equity ratioAnnual report

    「Equity ratio 28.5 23.4 31.4」

    The equity ratio was 23.4% at the end of the third quarter under review, compared with 28.5% in the same period of the previous year and 31.4% at the end of the previous fiscal year. It remained below the 30% target achieved for the fiscal year ended March 2023.
  7. FY2024-Q2Further decline in the equity ratioAnnual report

    「Equity ratio 24.8 23.5 31.4」

    The equity ratio was 23.5% at the end of the second quarter under review, compared with 24.8% in the same period of the previous year and 31.4% at the end of the previous fiscal year. It also declined from 27.0% at the end of the previous quarter, and remained below the 30% target achieved for the fiscal year ended March 2023.
  8. FY2024-Q1Decline in Equity RatioAnnual report

    「Equity ratio 27.0 31.4」

    The equity ratio declined from 31.4% at the end of the previous fiscal year to 27.0% at the end of the first quarter under review. The reported level was below the 30% target achieved for the fiscal year ended March 2023.
  9. FY2023First statedAnnual report

    「The Company achieved its target consolidated equity ratio of 30% for the fiscal year ended March 2023 and intends to maintain the financial strength that it recognizes as having produced a certain level of results.」

    The Company stated for the first time that it had achieved its target consolidated equity ratio of 30% for the fiscal year ended March 2023 and that it intended to maintain this financial strength. The equity ratio for the current fiscal year was 31.4% based on the key indicators.
Moved together

"Competition for Site Acquisitions, Persistently High Construction Costs, and Rising Sales Prices" moved the same way as this thread, in the same document, in 3 of its 9 moves.

33322★12345
  1. ★This thread
  2. 1Competition for Site Acquisitions, Persistently High Construction Costs, and Rising Sales Prices3×
  3. 2Year-on-year performance improvement3×
  4. 3Dependence on Interest-Bearing Debt and Financing and Interest-Rate Risks3×
  5. 4Decline in Supply in the Market for Newly Built For-Sale Condominiums2×
  6. 5Changes in Financial Structure Due to Higher Liabilities and Lower Net Assets2×

★ 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 Central General Development yet. It last moved in the Earnings of 2026-05-08: "Softened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.