The Global Ltd.

3271 株式会社 THEグローバル社

Real Estate · Real Estate - Diversified · Standard

PRICE: ¥1,269 · MKT CAP: ¥35.9B · P/E: 9.8x · P/B: 3.31x · DIV YIELD: 3.2%

PRICE — 5Y

Characteristics & Business Summary

The Global Ltd., through its subsidiaries, engages in the real estate business in Japan. The company develops, manages, and sells condominiums, apartments, offices, and other income-generating properties. It is also involved in real estate investment and...

Income Statement Highlights (¥ Million, except EPS/DPS in ¥)

Fiscal Period	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Net Sales	18,356	25,761	42,393	27,037	61,748
Operating Profit	-2,030	781	2,206	1,758	5,416
Ordinary Profit	-3,087	390	1,567	3,080	4,632
Net Profit	-4,090	464	1,747	2,715	3,684
EPS	¥-144	¥16	¥62	¥96	¥130
DPS	¥0	¥0	¥0	¥29	¥40

Balance Sheet & Valuation Highlights

Total Assets ¥40B

Net Assets (Equity) ¥11B

Equity Ratio 26.8%

ROE (Return on Equity) 33.4%

Cash & Equivalents ¥12B

Interest-Bearing Debt ¥24B

Capital Expenditure (CapEx) ¥0B

Depreciation & Amort. ¥0B

Major Shareholders

1. SBIホールディングス株式会社 51.9%
2. 旭化成ホームズ株式会社 9.9%
3. 立花証券株式会社 5.0%
4. ＳＣＢＨＫＡＣＥＦＧＢＡＮＫＡＧ（常任代理人株式会社三菱ＵＦＪ銀行） 3.6%
5. Japan Securities Finance Co., Ltd. 1.4%
6. 西川晶 0.8%
7. ＭＳＩＰＣＬＩＥＮＴＳＥＣＵＲＩＴＩＥＳ（常任代理人モルガン・スタンレーＭＵＦＧ証券株式会社） 0.8%
8. ＬＧＴＢＡＮＫＬＴＤ（常任代理人株式会社三菱ＵＦＪ銀行） 0.7%
9. 奥田晃久 0.6%
10. 籠谷亮一 0.5%

Activist Activity

SBI Holdings, Inc. 51.95%

2026-05-29 · increase

Asahi Kasei Homes Corporation 0.0%

2026-05-28 · exit

Daito Trust Construction Co., Ltd. and SBI Holdings, Inc. 96.87%

2026-05-27 · increase

SBI Holdings, Inc. 51.95%

2026-04-13 · change

ASAHI KASEI HOMES CORPORATION 9.88%

2026-04-10 · change

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenues per share	¥648	¥910	¥1,498	¥955	¥2,181
FCF/Share	¥101	¥-203	¥453	¥-419	¥661
EPS	¥-144	¥16	¥62	¥96	¥130
DPS	¥0	¥0	¥0	¥29	¥40
Capital Spending per share	¥0	¥0	¥0	¥0	¥0
Book Value per share	¥114	¥131	¥192	¥288	¥389
Common Shares Outstanding	28M	28M	28M	28M	28M

Financial Aggregates & Margins

Financial Aggregate	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenues (Net Sales)	¥18B	¥26B	¥42B	¥27B	¥62B
Operating Margin (%)	-11.1%	3.0%	5.2%	6.5%	8.8%
Net Profit (owners)	¥-4B	¥0B	¥2B	¥3B	¥4B
Net Profit Margin (%)	-22.3%	1.8%	4.1%	10.0%	6.0%
Working Capital	¥2B	¥3B	¥4B	¥6B	¥10B
Total Debt (Interest-bearing)	¥28B	¥33B	¥24B	¥37B	¥24B
Net Worth (Common Equity)	¥3B	¥4B	¥5B	¥8B	¥11B
Return on Total Assets (ROA)	-12.4%	1.1%	5.3%	5.5%	9.1%
Return on Common Equity (ROE)	-126.6%	12.5%	32.1%	33.3%	33.4%

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.