Overview
Real Estate

CENTRAL GENERAL DEVELOPMENT CO.,LTD.

Central Sogo Development is a nationwide condominium developer primarily engaged in planning, developing, and selling owner-occupied condominiums and detached homes under its proprietary 'Crea' brand, targeting both family-type and compact-type residential units. The company also operates a real estate leasing and management business, including office building rentals and rental apartments under the 'Crea Grace' brand, with building and condominium management services provided through its consolidated subsidiary, Central Life Co., Ltd. Additional services include insurance agency operations primarily targeting condominium purchasers, as well as comprehensive after-sales services covering property maintenance, asset value preservation, and renovation support.

Market Cap
¥3.53B
US$22.5M
EV
¥32.1B
US$204M
Stock¥367▼-1.61%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
17.1
x
LTM EV/EBIT
19.0
x
LTM PER
5.3
x
LTM PBR
0.3
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-33.7%pt
1001
Oct 23, 25 – Oct 23, 26StockTOPIX
1Aug 10, 26Q1 FY2027/03 earnings announced
MC → EV Bridge
3.53BUS$22.5MMarket Cap30.3BUS$193M+ Debt1.43BUS$9.07M− Cash0.31BUS$1.98M− Inv. Sec.32.1BUS$204MEV
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Performance & Balance
Revenue 5Y (¥B)
29.3US$187M'22/330.4US$194M'23/331.9US$203M'24/330.9US$197M'25/338.5US$245M'26/3
EBITDA 5Y (¥B)
1.25US$7.96M'22/31.64US$10.4M'23/31.83US$11.7M'24/31.41US$8.96M'25/31.09US$6.96M'26/3
Net Income 5Y (¥B)
0.63US$4.01M'22/30.85US$5.38M'23/30.90US$5.76M'24/30.50US$3.16M'25/30.15US$0.94M'26/3
Capital Structure
26%
74%
EquityD/E 2.88xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
2.15US$13.7M16.5US$105M'22/32.68US$17.1M15.3US$97.2M'23/31.68US$10.7M22.4US$143M'24/31.21US$7.71M30.7US$195M'25/31.33US$8.49M31.3US$199M'26/3
Shareholders
Top 10 hold 55.9%
1
KRAFTIA CORPORATION
30.30%
2
Mitsuko TANAKA
4.90%
3
Yoichi TANAKA
3.20%
4
Erika TANAKA
3.00%
5
CENTRAL GENERAL DEVELOPMENT CO.,LTD. Employee Stock Ownership Association
2.60%
6
Toshio MIYOSHI
2.50%
7
Bungo WATANABE
2.40%
8
Toichi FUKUMOTO
2.40%
9
Tokio Marine & Nichido Fire Insurance Co., Ltd.
2.40%
10
SBI SECURITIES Co., Ltd.
2.20%
Management
12 officers
Yoichi TANAKA
Representative Director, President
Feb 2007 Resigned from Mitsui Fudosan Co., Ltd. Mar 2007 Joined the Company; General Manager, Office of the President Jun 2007 Managing Director; General Manager, Office of the President and Human Resources Department; in charge of Planning, Human Resources and Building Business Nov 2008 Managing Director; General Manager, Office of the President, Human Resources Department, and Head of Real Estate Business Division; in charge of Planning, Human Resources and Building Business Jan 2009 Managing Director; General Manager, Office of the President, Human Resources Department, and Head of Real Estate Business Division; in charge of Planning and Human Resources Jun 2010 Representative Director, Senior Managing Director; General Manager, Office of the President, Human Resources Department, and Head of Real Estate Business Division; in charge of Planning and Human Resources Jun 2013 Representative Director, President (current)
1965-06-19
Takufumi KONNO
Senior Managing Director, in charge of Finance and Insurance
Jul 2024 Mizuho Bank, Ltd., Commercial, Real Estate and Financial Sponsor Division No. 3 (seconded to the Company as Executive Officer, General Manager, Finance Department) Jan 2025 Resigned from Mizuho Bank, Ltd. Feb 2025 Joined the Company as Executive Officer, General Manager, Finance Department Jun 2025 Senior Managing Director, in charge of Finance and Insurance (current)
1970-10-06
Kotaro TANAKA
Senior Managing Director, General Manager, Real Estate Business Division
Jan 1996 Resigned from Meiho Enterprise Co., Ltd. Feb 1996 Joined the Company; Real Estate Development Department, Real Estate Business Division Apr 1998 General Manager, Real Estate Development Department No. 6, Real Estate Business Division Apr 2007 General Manager, Development Business Department, Real Estate Business Division Jun 2007 Executive Officer; General Manager, Development Business Department, Real Estate Business Division Nov 2008 Executive Officer; Deputy General Manager, Tokyo Branch, Real Estate Business Division; General Manager, Development Business Department; in charge of In-house Sales Team Dec 2012 Executive Officer; General Manager, Tokyo Branch, Real Estate Business Division; in charge of In-house Sales Team and General Manager, Sales Promotion Business Department Apr 2013 Executive Officer; General Manager, Tokyo Branch, Real Estate Business Division Jun 2013 Managing Director; General Manager, Tokyo Branch, Real Estate Business Division Jun 2017 Managing Director; General Manager, Tokyo Branch Jun 2019 Senior Managing Director; General Manager, Real Estate Business Division and Tokyo Branch Aug 2021 Senior Managing Director; General Manager, Real Estate Business Division Jun 2023 Senior Managing Director, in charge of Real Estate Business Mar 2024 Senior Managing Director; General Manager, Real Estate Business Division and General Manager, Development Business Department Jun 2025 Senior Managing Director; General Manager, Real Estate Business Division (current)
1960-02-07
Tomonao NOGUCHI
Senior Managing Director, General Manager, Corporate Planning Department; in charge of Real Estate Management and General Affairs
Mar 2006 Resigned from The Bank of Yokohama, Ltd. Apr 2006 Joined the Company; Real Estate Business Division, General Affairs Department Jul 2007 General Manager, Office of the President Jun 2011 General Manager, Finance Department and General Manager, Office of the President Jun 2013 Executive Officer; General Manager, Finance Department and General Manager, Office of the President Nov 2016 Executive Officer; Deputy General Manager, Tokyo Branch Jun 2017 Executive Officer; General Manager, Tohoku Branch Jul 2018 Executive Officer; Deputy General Manager, Office of the President Jun 2021 Managing Director; General Manager, Office of the President; in charge of Building Business and Human Resources Oct 2023 Managing Director; General Manager, Office of the President; in charge of Human Resources, Real Estate Management and General Affairs Jun 2025 Senior Managing Director; General Manager, Corporate Planning Department; in charge of Real Estate Management and General Affairs (current)
1970-01-08
Takeyuki AKIKUSA
Managing Director, General Manager, Accounting Division and Accounting Department; in charge of IR
Jul 1997 Resigned from Hiei Sangyo Co., Ltd. Joined the Company; Real Estate Business Division, General Affairs Department Apr 1998 Accounting Department, Administration Division Apr 2006 General Manager, Accounting Department Aug 2017 Executive Officer; General Manager, Accounting Division and Accounting Department Jul 2018 Executive Officer; General Manager, Accounting Division and Accounting Department; in charge of General Affairs and IR Jun 2019 Managing Director; General Manager, Accounting Division and Accounting Department; in charge of General Affairs and IR Jun 2025 Managing Director; General Manager, Accounting Division and Accounting Department; in charge of IR (current)
1962-06-08
Hidetoshi NODA
Director, General Manager, Human Resources Department; in charge of General Affairs
May 2002 Resigned from Nagasaki Sogo Resort Co., Ltd. Jun 2002 Joined the Company; General Affairs Section, General Affairs Department Apr 2010 General Manager, General Affairs Department, Hiroshima Branch Jul 2012 Deputy Manager and General Manager, General Affairs Department, Kyushu Branch Nov 2016 General Manager, Real Estate Department, Chugoku-Shikoku Branch Jul 2017 General Manager, General Affairs Department, Kyushu Branch Jun 2022 General Manager, Human Resources Department Jun 2025 Director, General Manager, Human Resources Department; in charge of General Affairs (current)
1971-12-06
Ayumi TORIYAMA
Director
Nov 1996 Joined Asahi Audit Corporation (currently Azsa LLC) Apr 2000 Registered as Certified Public Accountant Dec 2010 Registered as Attorney-at-Law; joined Hayabusa Asuka Law Office Jul 2013 Opened Chiyoda International Law and Accounting Office Jun 2015 Director of the Company (current) Oct 2015 Audit & Supervisory Board Member, Northern Territories Issue Association Aug 2021 Outside Director, InterFactory Co., Ltd. (current) Jul 2023 Retired as Audit & Supervisory Board Member, Northern Territories Issue Association Jul 2024 Audit & Supervisory Board Member, Pharmaceuticals and Medical Devices Agency (current)
1971-03-23
Shuichiro IGARI
Director
Jul 2020 Resigned from Tokyo Regional Taxation Bureau Aug 2020 Opened Shuichiro Igari Tax Accountant Office Dec 2021 Outside Corporate Auditor, Step Co., Ltd. (current) Jun 2023 Director of the Company (current) Apr 2024 Representative Partner, Igari Accounting LLC (current) Jun 2025 Outside Director, Audit and Supervisory Committee Member, Dainichiseika Color & Chemicals Mfg. Co., Ltd. (current) Mar 2026 Outside Corporate Auditor, Actio Holdings Co., Ltd. (current)
1960-01-02
Tadashi KATAGAI
Full-time Corporate Auditor
Apr 2000 Resigned from Nippon Building Work Co., Ltd. Jun 2000 Joined the Company; Building Business Division, General Affairs Department, Manager of General Affairs Section Apr 2004 General Manager, Condominium Management Department, Building Business Division Apr 2008 Deputy Head of Building Business Division and General Manager, Condominium Management Department Jun 2013 Executive Officer; General Manager, Insurance Department; President, Central Life Co., Ltd. Jun 2023 Advisor, the Company Jun 2025 Full-time Corporate Auditor (current)
1957-08-23
Gantaro WAKAYAMA
Corporate Auditor
Oct 2003 Joined Shin Nihon & Co. (currently EY Shin Nihon LLC) Oct 2019 Representative Director, OCS Partners Co., Ltd. Dec 2019 Head, Wakayama Gantaro Certified Public Accountant and Tax Accountant Office Jun 2020 Outside Corporate Auditor, Prudential Life Insurance Company, Ltd. Jun 2023 Corporate Auditor of the Company (current) Jun 2024 Retired as Outside Corporate Auditor, Prudential Life Insurance Company, Ltd.; Outside Corporate Auditor, Starzen Co., Ltd. (current)
1977-02-03
Toshiyuki KOBAYASHI
Corporate Auditor
Apr 2013 Executive Officer and General Manager, Nagoya Branch, Mizuho Trust & Banking Co., Ltd. Jun 2019 Senior Managing Executive Officer, Heisei Building Co., Ltd. Apr 2025 Advisor, Heisei Building Co., Ltd. Jun 2025 Retired from Heisei Building Co., Ltd.; Outside Corporate Auditor, Just Auto Leasing Co., Ltd. (current); Corporate Auditor of the Company (current)
1961-12-08
Izumi NAGI
Corporate Auditor
Jul 2014 Joined First Labor Service Certified Social Insurance and Labor Consultants Corporation Apr 2017 Joined Office Trustee Certified Social Insurance and Labor Consultants Corporation Jan 2020 Opened VFM Certified Social Insurance and Labor Consultants Office Mar 2023 Representative Partner, VFM Certified Social Insurance and Labor Consultants Corporation (current) Jun 2025 Corporate Auditor of the Company (current)
1982-05-25
Large Shareholding Reports
Craftia Co., Ltd.
2026-04-03
30.06%→30.06%
Craftia Co., Ltd.
2026-04-03
30.06%→30.06%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-23
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-04-03
Large Shareholding Report
EDINET
2026-04-03
Large Shareholding Report
TDnet
2026-02-12
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-25
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-14
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-08
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-24
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-09
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-26
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-10
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-09
Quarterly Securities Report
EDINET
2022-06-27
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-06
Quarterly Securities Report
EDINETAmended
2021-06-28
Amended Annual Securities Report
EDINETAmended
2021-06-28
Amended Securities Registration Statement
EDINET
2021-06-25
Securities Registration Statement
EDINET
2021-06-24
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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