Overview
Real Estate

GLOBAL LINK MANAGEMENT INC.

Global Link Management is a Tokyo-based real estate solutions company primarily engaged in the procurement, development, leasing, and sale of investment-use condominiums under its proprietary 'ARTESSIMO' brand, targeting the Greater Tokyo metropolitan area. The company also provides property management (PM) services for condominiums, land planning and sales, and office building acquisition, leasing, and sales. Through its subsidiaries and equity-method affiliates, the group offers building management (BM) and asset management (AM) services to real estate funds and condominium management associations, and is expanding into DX/IT-related services.

Market Cap
¥30.6B
US$195M
EV
¥67.9B
US$433M
Stock¥1,917▲+1.64%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
10.9
x
LTM EV/EBIT
11.0
x
LTM PER
8.4
x
LTM PBR
2.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-53.8%pt
100123
Oct 24, 25 – Oct 23, 26StockTOPIX
1Oct 29, 25Earnings: Q2 revenue growth slowdown
2Nov 17, 25Earnings: Cautious full-year outlook
3Nov 18, 25Earnings: Q2 profit decline announcement
MC → EV Bridge
30.6BUS$195MMarket Cap46.7BUS$298M+ Debt8.72BUS$55.6M− Cash0.66BUS$4.21M− Inv. Sec.0.02BUS$0.11M+ NCI67.9BUS$433MEV
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Performance & Balance
Revenue 5Y (¥B)
30.7US$196M'21/1235.7US$228M'22/1241.3US$263M'23/1264.5US$411M'24/1269.3US$442M'25/12
EBITDA 5Y (¥B)
1.77US$11.3M'21/122.70US$17.2M'22/124.68US$29.8M'23/125.84US$37.2M'24/127.51US$47.9M'25/12
Net Income 5Y (¥B)
1.42US$9.08M'21/121.46US$9.30M'22/122.88US$18.4M'23/123.41US$21.8M'24/124.61US$29.4M'25/12
Capital Structure
25%
75%
EquityD/E 2.99xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
2.45US$15.6M13.3US$84.6M'21/123.55US$22.6M22.7US$145M'22/128.66US$55.3M19.8US$126M'23/1211.7US$74.7M21.2US$135M'24/1215.2US$97.1M29.6US$189M'25/12
Shareholders
Top 10 hold 65.5%
1
G2A Co., Ltd.
34.44%
2
Daichu KIN
13.48%
3
Yasumasa TOMINAGA
4.29%
4
BBH BOSTON CUSTODIAN FOR JAPAN EQUITY PREMIUM FUND OF UBS UNIVERSAL 620373 (Standing Proxy: Mizuho Bank, Ltd.)
2.94%
5
Yosuke YUKI
2.69%
6
SBI SECURITIES Co., Ltd.
2.11%
7
Taniguchi Koumuten Co., Ltd.
1.51%
8
Toyo SUZUKI
1.48%
9
Naoki TOMITA
1.38%
10
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
1.19%
Management
7 officers
Daichu KIN
Representative Director, President
Apr 1997 Joined Shoko Fund Co., Ltd. Oct 1997 Joined Teiman Co., Ltd. Dec 2003 Joined Dibex Co., Ltd. Mar 2005 Founded the Company; Representative Director of the Company Nov 2007 Representative Director, Global Link Partners Inc. Oct 2015 Representative Director, President of the Company Nov 2015 Representative Director, G2A Co., Ltd. (current) Aug 2016 Director, Global Link Partners Inc. Dec 2023 Representative Director, AtPeak Inc. Jan 2024 Representative Director, President and Executive Officer of the Company Aug 2024 Representative Director, President, AtPeak Inc. (current) Mar 2025 Representative Director, President of the Company (current)
1974-06-02
Ichiro KASAHARA
Director
Apr 1981 Joined Nihon Shoken Kinyu Co., Ltd. Jun 2007 General Manager, Loan Department, Nihon Shoken Kinyu Co., Ltd. Jun 2008 General Manager, Compliance Division, Nihon Shoken Kinyu Co., Ltd. Jun 2009 Executive Officer and General Manager, Compliance Division, Nihon Shoken Kinyu Co., Ltd. Jun 2011 Executive Officer and General Manager, Margin Transaction Department, Nihon Shoken Kinyu Co., Ltd. Jun 2013 Senior Executive Officer and General Manager, Margin Transaction Department, Nihon Shoken Kinyu Co., Ltd. Jun 2014 Director, Senior Executive Officer (CCO), Japan Electronic Computer Co., Ltd. Jul 2017 Director, Investment Committee Member, National Information Service Industry Corporate Pension Fund Jun 2019 Director, Managing Executive Officer (CFO, CRO), Japan Electronic Computer Co., Ltd. Jun 2019 Audit & Supervisory Board Member, JIP Techno Science Co., Ltd. Jun 2020 Full-time Audit & Supervisory Board Member, Nisshokin Trust & Banking Co., Ltd. Jun 2023 Audit & Supervisory Board Member, Central Tanshi Co., Ltd. (current) Jul 2024 Executive Officer, the Company Mar 2025 Director, the Company (current)
1957-09-29
Hitoshi SUGIYA
Director (Audit and Supervisory Committee Member)
Apr 1982 Joined The Mitsubishi Bank, Ltd. (now MUFG Bank, Ltd.) Apr 2009 Branch Manager, Nakano Station Branch and Nakano Station South Exit Branch, The Mitsubishi Bank, Ltd. Sep 2011 Executive Officer and General Manager, General Affairs Division, Point Inc. (now &ST HD Inc.) Mar 2016 Executive Officer and General Manager, Finance Division, Otsuka Kagu, Ltd. (now Yamada Denki Co., Ltd.) Mar 2017 Director, Managing Executive Officer, Otsuka Kagu, Ltd. (now Yamada Denki Co., Ltd.) Jun 2018 Senior Managing Director, A.P. Company Co., Ltd. (now A.P. Holdings, Inc.) Jun 2020 Director, Full-time Audit and Supervisory Committee Member, A.P. Company Co., Ltd. (now A.P. Holdings, Inc.) Mar 2024 Director, Full-time Audit and Supervisory Committee Member, the Company (current)
1958-06-07
Motohiro KOTO
Director (Audit and Supervisory Committee Member)
Sep 1991 Joined KPMG Peat Marwick (now KPMG Tax Corporation) Sep 1993 Joined Ochanomizu General Office Jun 1995 Principal, Koto Tax Accountant Office (current) Dec 2000 Representative Director, Global Business Consultant Co., Ltd. (current) Apr 2016 Audit & Supervisory Board Member, the Company May 2016 Director (Audit and Supervisory Committee Member), the Company (current)
1966-02-06
Mami OYAMA
Director
Apr 1987 Joined Science and Technology Agency (Research and Development Bureau, Space Planning Division) Jul 1992 Graduate study, University of Cambridge, UK (Master of Arts in International Relations) Aug 1994 Assistant Section Chief, Research Promotion Division, Science and Technology Promotion Bureau, Science and Technology Agency Apr 2003 Director, Student Guidance Office, Elementary and Secondary Education Bureau, Ministry of Education, Culture, Sports, Science and Technology (MEXT) Sep 2004 Coordinator for Social Service Promotion Planning, Social Education Division, Lifelong Learning Policy Bureau, MEXT Jan 2006 Director, International Cooperation Policy Office, International Affairs Division, Minister's Secretariat, MEXT Nov 2007 General Manager, International Affairs Department, Japan Society for the Promotion of Science Aug 2012 Director, Special Needs Education Division, Elementary and Secondary Education Bureau, MEXT Apr 2015 Executive Director, Japan Atomic Energy Agency (JAEA) Apr 2017 Senior Councilor, Secretariat of the Minister (in charge of Research and Development Bureau), MEXT Oct 2018 Director-General for International Affairs and Secretary-General, Japanese National Commission for UNESCO, MEXT Aug 2020 Executive Director, Japan Aerospace Exploration Agency (JAXA) Apr 2023 Director-General, National Institute of Science and Technology Policy, MEXT Jun 2024 Outside Director, Wizus Inc. Oct 2024 Executive Director, Kyushu University (National University Corporation) Mar 2026 Director, the Company (current)
1964-05-14
Kazuyuki NAKANISHI
Director (Audit and Supervisory Committee Member)
Apr 1992 Joined Sumitomo Marine & Fire Insurance Co., Ltd. Apr 1995 Joined Tanabe Sogo Law Office (current) Apr 2007 Chairperson, Corporate Law Study Subcommittee, Research Institute, Daiichi Tokyo Bar Association May 2010 Outside Director, Renaud Inc. Apr 2012 Ombudsperson, Kokubunji City Jun 2012 Outside Audit & Supervisory Board Member, Odelic Co., Ltd. Jun 2017 Outside Audit & Supervisory Board Member, VAZ Inc. Oct 2017 Temporary Member, Audit Subcommittee, Business Accounting Council, Financial Services Agency Mar 2018 Director (Audit and Supervisory Committee Member), the Company (current)
1967-06-16
Maki ITAKURA
Director (Audit and Supervisory Committee Member)
Dec 2006 Joined Misuzu Audit Corporation Aug 2007 Joined Deloitte Touche Tohmatsu (now Deloitte Touche Tohmatsu LLC) Aug 2010 Registered as Certified Public Accountant Nov 2010 Joined GE Japan K.K. (now GE Japan Co., Ltd.) May 2014 Founded Maki Itakura Certified Public Accountant Office (now Maki Itakura Certified Public Accountant and Tax Accountant Office), Representative (current) Sep 2014 Registered as Certified Tax Accountant Mar 2025 Director (Audit and Supervisory Committee Member), the Company (current)
1981-10-15
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-07
Q2 Earnings Flash
FY ending Dec 2026
EDINET
2026-08-07
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-05-14
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-25
Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-11-13
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-08-08
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-05-14
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-27
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-09
Semi-Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-05-13
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-03-28
Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2023-11-14
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-12
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-30
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-05
Quarterly Securities Report
EDINET
2022-05-13
Quarterly Securities Report
EDINETAmended
2022-05-12
Amended Annual Securities Report
EDINET
2022-03-30
Annual Securities Report
EDINET
2021-11-08
Quarterly Securities Report
EDINET
2021-08-06
Quarterly Securities Report
EDINET
2021-05-14
Quarterly Securities Report
EDINET
2021-03-29
Annual Securities Report
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