CENTRAL GENERAL DEVELOPMENT CO.,LTD.
3238・Standard Market・Real Estate
Governance
The Board of Directors consists of 8 members (including 2 outside directors), and the company operates under a Company with Board of Corporate Auditors structure. A Nomination and Compensation Committee, chaired by an outside director, has been established, which, combined with an executive officer system, aims to separate management oversight from business execution.
Risk Management
The Board of Directors monitors monthly financial results and deliberates on important matters, while compliance risk is managed with advice from legal and tax experts. The company recognizes risks related to climate change, natural disasters, and infectious diseases, and seeks to balance risk avoidance with business opportunities through the supply of ZEH condominiums and site selection.
Shareholder Returns
The company maintains a shareholder return policy based on a year-end dividend once a year in principle, targeting a consolidated payout ratio of approximately 30%. Actual results for FY2026 (ending March 2026) were ¥5 per share (total ¥48 million, payout ratio 32.5%), and the forecast for FY2027 (ending March 2027) is ¥13 per share (payout ratio forecast of 31.3%). A small amount of treasury stock (¥39 thousand) was acquired during the period.
Dividend Policy
The company pays a year-end dividend once a year in principle, implementing stable dividends while taking into account strengthening its financial structure and building up retained earnings. Under the group's medium-term management plan (FY2025–FY2027), the policy targets a consolidated payout ratio of approximately 30% for shareholder returns. Actual results for FY2026 (ending March 2026) were ¥5 per share (payout ratio 32.5%), and the forecast for FY2027 (ending March 2027) is ¥13 per share (payout ratio 31.3%).
ESG
Sustainability measures are discussed at the Executive Officer and Branch Manager Meeting (held quarterly), with progress managed by the Board of Directors. The company promotes the supply of environmentally conscious condominiums such as ZEH-M Oriented and ZEH-M Ready, while positioning human capital as its most critical management resource and pursuing job rotation and diversity initiatives. Under the long-term management plan PLAN2030, the company targets 100 cities of business presence, 1,000 units of condominium supply, and a cumulative 700 units of rental housing by the end of FY2030. There are no restrictions on promotion to management positions based on gender, nationality, or other factors, although specific numerical targets have not yet been set.
Last updated: June 23, 2026