kabutan

CENTRAL GENERAL DEVELOPMENT, The Current Fiscal Year Ordinary Profit Revised Downward by 39%, Dividend Revised down by 4 yen

Fri Mar 21, 2025 3:30 pm JST Revision

3238 CENTRAL GENERAL DEVELOPMENT CO.,LTD. 【J-GAAP】

Guidance Update Report

CENTRAL GENERAL DEVELOPMENT CO.,LTD. <3238> [TSE Std] announced a revision to its performance and dividend after the market closed on March 21st (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 has decreased 39.1%, from the previous forecast of 1.15 billion yen to 0.7 billion yen (compared to 1.35 billion yen in the previous period), leading to an increase in the profit decline rate from 15.2% to 48.4%.

Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (2H) consolidated ordinary profit has decreased 18.4%, from the previous forecast of 2.45 billion yen to 2 billion yen (compared to 1.63 billion yen in the same period of the previous year), leading to a reduction in the profit growth rate from 49.7% to 22.2%.

Due to a decline in performance, the company has reduced its planned year-end lump-sum dividend for the current fiscal year from the original plan of 18 yen to 14 yen (compared to 18 yen in the previous period).

Kabutan News

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 Prev 31,382 2,703 2,452 1,668 173.9 18 Nov 8, 2024 J-GAAP
Oct - Mar, 2024 New 25,282 2,233 2,002 1,358 141.6 14 Mar 21, 2025 J-GAAP
Revision Rate -19.4% -17.4% -18.4% -18.6% -18.6%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 37,000 1,650 1,150 750 78.2 18 May 10, 2024 J-GAAP
Mar, 2025 New 30,900 1,180 700 440 45.9 14 Mar 21, 2025 J-GAAP
Revision Rate -16.5% -28.5% -39.1% -41.3% -41.3%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 22,018 1,834 1,638 1,114 116.7 18 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 25,282 2,233 2,002 1,358 141.6 14 Mar 21, 2025 J-GAAP
YoY +14.8% +21.8% +22.2% +21.9% +21.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 30,391 1,538 1,260 845 88.7 15 May 12, 2023 J-GAAP
Mar, 2024 31,925 1,706 1,356 904 94.7 18 May 10, 2024 J-GAAP
Mar, 2025 Guidance 30,900 1,180 700 440 45.9 14 Mar 21, 2025 J-GAAP
YoY -3.2% -30.8% -48.4% -51.3% -51.6%

Related Articles