ESLEAD CORPORATION

8877 エスリード株式会社

Real Estate - Development · Prime · TSE: Disclosed

PRICE: ¥4,875 · MKT CAP: ¥75.2B · P/E: 8.1x · P/B: 1.02x · DIV YIELD: 3.8%

PRICE — 5Y

Characteristics & Business Summary

Eslead Corporation develops and sells family-type and urban condominiums in Japan. It also reconstructs and sells condominiums; develops and sells detached houses; and manages condominiums and buildings. In addition, the company undertakes new construction...

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

Fiscal Period	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Net Sales	68,999	74,598	79,914	80,287	94,766
Operating Profit	7,019	8,660	9,481	11,631	14,548
Ordinary Profit	7,002	8,575	9,368	11,347	13,749
Net Profit	4,506	5,429	6,147	7,518	9,331
EPS	¥292	¥352	¥398	¥487	¥605
DPS	¥40	¥40	¥90	¥150	¥185

Balance Sheet & Valuation Highlights

Total Assets ¥227B

Net Assets (Equity) ¥73B

Equity Ratio 32.4%

ROE (Return on Equity) 12.7%

Cash & Equivalents ¥31B

Interest-Bearing Debt ¥140B

Capital Expenditure (CapEx) ¥1B

Depreciation & Amort. ¥1B

Major Shareholders

1. 森トラスト株式会社 53.7%
2. The Master Trust Bank of Japan, Ltd. (Trust Account) 5.9%
3. 荒牧杉夫 2.0%
4. Citibank, N.A. 0.6%
5. Custody Bank of Japan, Ltd. (Trust Account) 0.5%
6. 大槻定美 0.2%
7. 矢部コーポレーション株式会社 0.2%
8. Morgan Stanley 0.2%
9. Custody Bank of Japan, Ltd. (Trust Account) 0.2%
10. Nomura Trust and Banking Co., Ltd. 0.2%

Activist Activity

No large shareholder activist campaigns detected.

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Revenues per share	¥4,472	¥4,835	¥5,179	¥5,203	¥6,142
FCF/Share	¥-51	¥-639	¥-1,025	¥-2,124	¥-2,352
EPS	¥292	¥352	¥398	¥487	¥605
DPS	¥40	¥40	¥90	¥150	¥185
Capital Spending per share	¥50	¥32	¥191	¥36	¥55
Book Value per share	¥3,309	¥3,602	¥3,941	¥4,318	¥4,748
Common Shares Outstanding	15M	15M	15M	15M	15M

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Revenues (Net Sales)	¥69B	¥75B	¥80B	¥80B	¥95B
Operating Margin (%)	10.2%	11.6%	11.9%	14.5%	15.4%
Net Profit (owners)	¥5B	¥5B	¥6B	¥8B	¥9B
Net Profit Margin (%)	6.5%	7.3%	7.7%	9.4%	9.8%
Working Capital	¥44B	¥47B	¥49B	¥54B	¥60B
Total Debt (Interest-bearing)	¥36B	¥43B	¥61B	¥85B	¥140B
Net Worth (Common Equity)	¥51B	¥56B	¥61B	¥67B	¥73B
Return on Total Assets (ROA)	4.3%	4.7%	4.5%	4.4%	4.1%
Return on Common Equity (ROE)	8.8%	9.8%	10.1%	11.3%	12.7%

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.