At its results briefing for the third quarter of the fiscal year ending December 2026, Global Link Management announced an upward revision to its full-year forecast and said it expects record-high revenue of ¥80 billion and ordinary profit of ¥8 billion. Although cumulative results for the third quarter showed declines in revenue and profit, the company aims to achieve higher full-year revenue and profit, as well as a dividend increase, based on a plan to concentrate sales in the fourth quarter.
At its results briefing, Global Link Management announced an upward revision to its full-year forecasts, projecting record highs of ¥80 billion in revenue, up 15.5% year on year, and ¥8 billion in ordinary profit, up 18.7%. Although cumulative results for the third quarter showed declines in revenue and profit, the company intends to secure higher full-year revenue and profit and a dividend increase by strategically concentrating sales in the fourth quarter.
Cumulative results for the third quarter, covering January-September 2026, were revenue of ¥39.434 billion, operating profit of ¥3.9 billion, ordinary profit of ¥3.009 billion and profit attributable to owners of the parent of ¥2.062 billion, all representing substantial declines. The main factor was the delay of settlements in the development business into the fourth quarter, resulting in sales being heavily concentrated in the second half. Gross profit increased to ¥7.791 billion, selling, general and administrative expenses to ¥3.891 billion, and interest expense to ¥749 million.
Following the upward revision to its full-year forecast, the company projects revenue of ¥80 billion, operating profit of ¥9.2 billion, ordinary profit of ¥8 billion and net profit of ¥5.7 billion. The annual dividend is scheduled to increase to ¥110. Strong performance in acquiring adjacent land for the land planning business, sales of high-value-added properties and earlier-than-planned sales in the redevelopment business are expected to contribute, alongside factors including the cancellation of a contract for one building in the development business. CEO Kim (金) explained the background to the concentration in the fourth quarter and said the company will seek to level out sales going forward.
Regarding its financial condition and medium-term plan, total assets were ¥71.987 billion, net assets were ¥15.607 billion and the equity ratio declined to 21.5%. Under the medium-term plan known as GLM1000, the company targets ordinary profit of more than ¥100 billion by 2040 and plans to double profit over 3 years. The next medium-term plan is scheduled to be disclosed around 2028-2030.