8844
COSMOS INITIA Co., Ltd.
株式会社コスモスイニシア
Real Estate
Cosmos Initia Co., Ltd. engages in the real estate sale, rental, and brokerage activities in Japan. It operates through four segments: Residential Business, Solution Business, Accommodation Business, and Construction Business. The company develops and sells condominium and single-family houses; post completion/move-in maintenance services; renovates existing condominiums; manages rental properties; MIMARU apartment-style hotels; and develops and operates apartment-style hotels. The company was formerly known as Recruit Cosmos Co., Ltd. and changed its name to Cosmos Initia Co., Ltd. in September 2006. Cosmos Initia Co., Ltd. was incorporated in 1969 and is headquartered in Tokyo, Japan.
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Overview
Filings & Signals
Ownership
Financials
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Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥129.5B
¥124.6B
¥123.4B
¥107.3B
Cost of Sales
¥102.2B
¥100.9B
¥103.2B
¥89.9B
Gross Profit
¥27.3B
¥23.7B
¥20.1B
¥17.4B
SG&A
¥17.9B
¥16.2B
¥15.2B
¥14.1B
Operating Income
¥9.5B
¥7.4B
¥4.9B
¥3.4B
Non-Operating Income
¥188M
¥194M
¥653M
¥114M
Dividend Income
¥6M
¥30M
¥511M
¥9M
Interest Income
¥86M
¥26M
—
¥0M
Non-Operating Expenses
¥1.7B
¥935M
¥1.1B
¥855M
Interest Expense
¥1.1B
¥629M
¥567M
¥472M
Ordinary Income
¥7.9B
¥6.7B
¥4.5B
¥2.6B
Pre-tax Income
¥8.0B
¥6.7B
¥3.0B
¥2.5B
Income Taxes
¥3.0B
¥2.4B
¥-612M
¥845M
Current Tax
¥3.1B
¥1.9B
¥104M
¥436M
Deferred Tax
¥-90M
¥504M
¥-658M
¥409M
Net Income (owners)
¥5.3B
¥4.3B
¥3.5B
¥1.7B
Minority Interest
¥-392M
¥-33M
¥92M
¥-30M
Comprehensive Income
¥5.1B
¥4.4B
¥5.1B
¥1.8B
EBITDA
¥9.8B
¥7.7B
¥5.2B
¥3.6B
EPS
¥157.09
¥126.33
¥104.78
¥50.29
Shares Outstanding
33.9M
33.9M
33.9M
33.9M
Shares Issued (total)
33.9M
33.9M
33.9M
33.9M
Treasury Shares
0.0M
0.0M
0.0M
0.0M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥176.8B
¥173.3B
¥157.4B
¥145.2B
Current Assets
¥164.6B
¥162.0B
¥146.3B
¥135.1B
Cash & Deposits
¥27.9B
¥34.4B
¥33.5B
¥33.0B
Trade Receivables
¥4.0B
¥3.8B
¥3.5B
¥1.8B
Non-Current Assets
¥12.2B
¥11.3B
¥11.1B
¥10.2B
PP&E
¥1.6B
¥1.3B
¥1.4B
¥1.4B
Intangible Assets
¥794M
¥474M
¥517M
¥264M
Investment Securities
¥1.5B
¥1.3B
¥1.1B
¥1.2B
Deferred Tax Assets
¥1.4B
¥1.3B
¥1.8B
¥1.2B
Total Liabilities
¥126.5B
¥127.7B
¥115.9B
¥108.6B
Current Liabilities
¥67.0B
¥74.1B
¥67.3B
¥70.8B
Accounts Payable
¥3.4B
¥2.6B
¥7.1B
¥4.9B
ST Debt
¥45.7B
¥50.9B
¥43.4B
¥47.8B
Taxes Payable
¥2.3B
¥2.0B
¥97M
¥443M
Non-Current Liabilities
¥59.5B
¥53.6B
¥48.6B
¥37.8B
Total LT Borrowings
¥54.6B
¥47.2B
¥44.6B
¥33.8B
Total Equity
¥50.3B
¥45.6B
¥41.5B
¥36.6B
Capital Stock
¥5.0B
¥5.0B
¥5.0B
¥5.0B
Capital Surplus
¥5.8B
¥5.8B
¥5.8B
¥5.7B
Retained Earnings
¥38.3B
¥33.8B
¥30.1B
¥26.8B
Treasury Stock
¥-10M
¥-17M
¥-1M
¥-13M
AOCI
¥230M
¥66M
¥-88M
¥-1.5B
Equity (owners)
¥49.1B
¥44.6B
¥40.9B
¥37.6B
Minority Interests
¥1.0B
¥974M
¥659M
¥580M
Total Interest-Bearing Debt ⓘ
¥100.3B
¥98.1B
¥88.0B
¥81.5B
Net Cash ⓘ
¥-72.4B
¥-63.7B
¥-54.5B
¥-48.5B
NCAV ⓘ
¥38.1B
¥34.3B
¥30.4B
¥26.4B
NCAV/Share
¥1,123
¥1,012
¥896
¥781
BV/Share
¥1,448
¥1,315
¥1,208
¥1,108
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥-3.5B
¥-9.3B
¥-2.7B
¥-10.5B
Interest Paid
¥-1.0B
¥-624M
¥-569M
¥-475M
Interest Received
¥80M
¥45M
¥515M
¥10M
D&A
¥341M
¥320M
¥275M
¥251M
Investing CF
¥-1.0B
¥-956M
¥-634M
¥-745M
CapEx
¥282M
¥65M
¥367M
¥463M
Purchase Investments
¥-202M
¥-213M
—
¥-150M
Financing CF
¥-2.0B
¥11.0B
¥3.9B
¥13.1B
Dividends Paid
¥-810M
¥-643M
¥-237M
¥-237M
Share Buybacks
¥0M
¥-29M
¥-58M
¥0M
LT Debt Repaid
¥-29.9B
¥-22.4B
¥-29.7B
¥-24.1B
Free Cash Flow
¥-3.8B
¥-9.4B
¥-3.1B
¥-11.0B
Net Change in Cash
¥-6.6B
¥841M
¥490M
¥1.9B
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
11.3%
10.0%
9.2%
4.8%
ROA
3.0%
2.6%
2.3%
1.2%
EPS
¥157.09
¥126.33
¥104.78
¥50.29
DPS
¥30.00
¥20.00
¥14.00
¥7.00
BPS
¥1,455.07
¥1,317.35
¥1,205.03
¥1,063.23
FCF/Share
¥-113
¥-277
¥-92
¥-325
NCAV/Share
¥1,123
¥1,012
¥896
¥781
Payout Ratio
19.1%
15.8%
13.4%
13.9%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 3
Date Activist Stake Event Flag Demands Source
2024-02-29
DAIWA HOUSE INDUSTRY CO., LTD.
39.1%
-25.01%
change
Passive
—
2024-01-17
DAIWA HOUSE INDUSTRY CO., LTD.
64.11%
change
Passive
—
2024-01-16
KYORITSU MAINTENANCE CO.,LTD.
25.01%
initial_5pct
Passive
—
Capital Allocation Signals 1
Date
Type
Amount
Summary
2026-05-12
15:30
Div Increase
¥1.3B ¥37.0/sh
+76%
Cosmos Initia announced a dividend increase for fiscal year ended March 31, 2026, with per-share dividend raised to ¥37.…
Summary
Cosmos Initia announced a dividend increase for fiscal year ended March 31, 2026, with per-share dividend raised to ¥37.00 from prior forecast of ¥33.00 (12.1% increase vs forecast) and ¥21.00 prior year (76.2% YoY increase). Full-year net income exceeded forecast by ¥736M (9.8%) to ¥8,236M, driven by improved gross margin and tax credit from wage hike promotion scheme. Total dividend payout of ¥1,254M reflects the company's commitment to sustained dividend growth as the final year of its medium-term management plan.
Deadline: 2026-06-25
YoY: +76%
Source (JP)
当期の配当につきましては、前期実績に比べ1株当たり18円増配し、年間配当金として1株当たり48円といたします。
2026年3月期 通期連結業績予想と実績値の差異及び剰余金の配当(増配)に関するお知らせ
TDnet PDF
Top 10 Shareholders
Ownership DNA
#
Shareholder
Shares (thou.)
% of Total
1
大和ハウス工業株式会社
12,948
38.21%
2
株式会社共立メンテナンス
8,480
25.02%
3
三津 久直
551
1.63%
4
時津 昭彦
518
1.53%
5
山路 孟
332
0.98%
6
UBS AG LONDON A/C IPB SEGREGATED CLIENT ACCOUNT (常任代理人 シティバンク、エヌ・エイ東京支店)
306
0.90%
7
GOLDMAN SACHS BANK EUROPE SE (常任代理人 ゴールドマン・サックス証券株式会社)
300
0.89%
8
円田 陽一
281
0.83%
9
株式会社SBI証券
277
0.82%
10
上田八木短資株式会社
262
0.78%
Domestic Nominees
0.0%
+0.0% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
71.6%
-1.0% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
大和ハウス工業
63.21%
38.22%
38.21%
-0.01%
式会社共立メンテナンス
—
25.03%
25.02%
-0.01%
三津 久直
1.05%
1.60%
1.63%
+0.03%
時津 昭彦
2.73%
2.05%
1.53%
-0.52%
山路 孟
0.97%
0.98%
0.98%
UBS
↑
1.18%
0.89%
0.90%
+0.01%
Goldman Sachs
1.20%
0.89%
0.89%
円田 陽一
0.68%
0.89%
0.83%
-0.06%
式会社SBI証券
—
1.27%
0.82%
-0.45%
上田八木短資
NEW ENTRY
0.63%
—
0.78%
NEW
第一リアルター
last seen 2024
Exited Top 10
—
0.77%
—
佐々木 順一
last seen 2023
Exited Top 10
0.55%
—
—
黒田 孝井
last seen 2023
Exited Top 10
0.61%
—
—
Concentration (HHI)
ⓘ
4009
2100
2096
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved