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Finance

Cosmos Initia Co., Ltd.

Business Summary

Cosmos Initia Co., Ltd. engages in the provision of real estate services for investors, corporate clients, and individual clients. It operates through the following segments: Residential, Solutions, Construction, Overseas and Others. The Residential segment handles the sale and brokerage of newly constructed condominiums, detached houses, town houses, and renovated condominiums. The Solutions segment offers subleasing of apartments and office buildings; and sale, consultation and intermediary for real estate investment. The Construction segment includes construction works for condominium gallery and rental housing, interior sales, and office relocation repair works. The Overseas segment conducts hotels and resort management projects in Australia. The Others segment provides real estate management business. The company was founded on June 20, 1969 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue110,559M1,016.86M
Gross Profit18,658M171.60M
Operating income5,168M47.53M
Income before tax5,226M48.06M
Net income3,415M31.40M
EBITDA6,187M56.90M
Diluted EPS100.860.92
Dividends Per Share130.11
Total Assets158,792M1,470.90M
Total liabilities125,965M1,166.82M
Total equity32,625M302.20M
Operating cash flow-8,020M-73.76M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 87,025M 92,366M 100,829M 104,606M 110,559M
Gross Profit 17,149M 18,517M 19,488M 19,135M 18,658M
Operating income 2,976M 3,500M 4,311M 4,775M 5,168M
Income before tax 2,958M 3,446M 4,340M 5,488M 5,226M
Net income 3,639M 3,030M 3,695M 4,562M 3,415M
EBITDA 3,669M 4,289M 5,126M 5,589M 6,187M
Diluted EPS 107.32 89.36 108.97 134.54 100.86
Dividends Per Share 7 7 9 11 13
Total Assets 102,293M 110,193M 115,309M 128,183M 158,792M
Total liabilities 82,823M 87,954M 89,483M 98,343M 125,965M
Total equity 19,470M 22,243M 25,824M 29,822M 32,625M
Operating cash flow -17,434M 1,144M -999M -15,068M -8,020M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 724.69M 852.97M 909.74M 943.29M 1,016.86M
Gross Profit 142.80M 170.99M 175.83M 172.55M 171.60M
Operating income 24.78M 32.32M 38.89M 43.05M 47.53M
Income before tax 24.63M 31.82M 39.15M 49.48M 48.06M
Net income 30.30M 27.98M 33.33M 41.13M 31.40M
EBITDA 30.55M 39.60M 46.25M 50.39M 56.90M
Diluted EPS 0.89 0.82 0.98 1.21 0.92
Dividends Per Share 0.05 0.06 0.08 0.09 0.11
Total Assets 910.12M 988.89M 1,084.24M 1,158.08M 1,470.90M
Total liabilities 736.89M 789.32M 841.40M 888.49M 1,166.82M
Total equity 173.22M 199.61M 242.82M 269.43M 302.20M
Operating cash flow -145.18M 10.56M -9.01M -135.87M -73.76M

Valuation Measures

Mar 2020
PER4.06
ROA2.37%
ROE10.93%
Operating margin4.67%
Profit margin3.08%

Key executives

  • Executive President & Representative Director: Yoshiyuki Takagi
  • Manager-Finance & Accounting: Satoshi Oto
  • Head-Research & Development: Hideki Fujioka
  • Director & General Manager-Business Administration: Norihiko Watanabe
  • Director & Senior Managing Executive Officer: Sayuri Okamura

Shareholders

  • Daiwa House Industry Co., Ltd. (63.1%)
  • Dimensional Fund Advisors LP (0.8%)
  • YAMAJI TAKESHI /COSMOS INITIA/ (0.8%)
  • TOKITSU AKIHIKO (0.5%)
  • Cosmos Initia Restricted Stock Compensation Plan (0.5%)
  • Chofu Seisakusho Co., Ltd. (0.5%)
  • FIL Investments (Japan) Ltd. (0.5%)
  • Mitsubishi UFJ Financial Group, Inc. (0.5%)
  • Asanuma Corp. (0.1%)
  • Cosmos Initia Co., Ltd. (0.1%)

Contact Details

  • Website:http://www.cigr.co.jp
  • Address: Shintamachi Building, 7/F, 5-34-6 Shiba, Tokyo, 108-8416, Japan
  • Phone: +81.3.3571.1111

Related Companies

  • Cosmos Initia Restricted Stock Compensation Plan
  • Cosmos Australia Pty Ltd.
  • Cosmos More KK
  • Cosmos Initia Employee Stock Ownership Plan
  • Recruit Cosmos Employee Stock Ownership Plan

Competitors

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