Good Com Asset Co.,Ltd. (3475) AI Stock Analysis

• Market Cap: ¥38.42B
• Dividend Yield: 3.75%
• Average Volume (3M): 269.28K
• Price to Earnings (P/E): 24.3
• Beta (1Y): 0.42
• Revenue Growth: -8.66%
• EPS Growth: -53.57%
• Country: JP
• Employees: 186
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Diversified
• EPS (TTM): 34.94
• Shares Outstanding: 30,543,200
• 10 Day Avg. Volume: 166,790
• 30 Day Avg. Volume: 269,280
• PEG Ratio: -0.47
• Price to Book (P/B): 2.73
• Price to Sales (P/S): 0.71
• P/FCF Ratio: -35.16
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: ¥1,283.00 ▲(1.99% Upside)

The overall stock score of 54 reflects the company's mixed financial performance, with positive revenue growth but declining profitability margins and cash flow challenges. Technical analysis indicates a neutral trend, while valuation metrics suggest a reasonable market position. The absence of earnings call and corporate events data limits further insights.

Positive Factors

Revenue Growth

Positive revenue growth indicates the company's ability to expand its market presence and capitalize on its property portfolio, supporting long-term business sustainability.

Strategic Partnerships

These partnerships provide access to new opportunities and markets, strengthening the company's competitive position and supporting future growth.

Asset Management Practices

High occupancy rates from efficient asset management contribute to stable and predictable revenue streams, enhancing financial stability.

Negative Factors

Declining Profitability Margins

Decreasing margins suggest challenges in cost management or pricing power, which could impact long-term profitability if not addressed.

Increased Leverage

Higher leverage increases financial risk and may limit the company's ability to invest in growth opportunities or weather economic downturns.

Cash Flow Challenges

Negative cash flows indicate potential liquidity issues, which could constrain operational flexibility and investment capacity over time.

Good Com Asset Co.,Ltd. Business Overview & Revenue Model

Company Description

Good Com Asset Co., Ltd. plans, develops, and sells residential condominiums and lots under the GENOVIA brand in Japan. It also provides residential real estate management and rental services; and acts as a real estate consultant. In addition, the company offers property and casualty insurance products. Good Com Asset Co., Ltd. was incorporated in 2005 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Good Com Asset Co., Ltd. generates revenue through several key streams, primarily from leasing and rental income derived from its portfolio of commercial and residential properties. The company also earns money through property sales and development projects, capitalizing on the appreciation of real estate values. Additionally, it offers consultancy services for property management and investment, which contribute further to its revenue. Strategic partnerships with local governments and developers enhance its project pipeline and facilitate access to new opportunities, while efficient asset management practices ensure high occupancy rates and optimized property performance, further boosting earnings.

Good Com Asset Co.,Ltd. Financial Statement Overview

Summary

The company exhibits mixed financial performance. Revenue growth is positive at 7.73%, but profitability margins are declining, indicating pressure on profitability. The balance sheet shows increased leverage, posing potential risks, and cash flow challenges are evident with negative operating and free cash flows, highlighting liquidity concerns.

Income Statement

The company has shown a mixed performance in its income statement. While there is a positive revenue growth rate of 7.73% in the latest year, the gross profit margin and net profit margin have declined compared to previous years. This indicates some pressure on profitability. The EBIT and EBITDA margins also reflect a downward trend, suggesting challenges in maintaining operational efficiency.

Balance Sheet

The balance sheet reveals a moderate financial position. The debt-to-equity ratio has increased significantly, indicating higher leverage which could pose a risk if not managed carefully. However, the company maintains a reasonable equity ratio, and the return on equity remains positive, albeit lower than previous years, suggesting some stability in generating returns for shareholders.

Cash Flow

The cash flow statement highlights significant challenges, with a negative operating cash flow and free cash flow in the latest year. The free cash flow growth rate is notably negative, reflecting potential liquidity issues. The operating cash flow to net income ratio is also negative, indicating inefficiencies in converting income into cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	50.67B	54.58B	59.75B	22.19B	40.05B	34.22B
Gross Profit	7.80B	7.88B	8.89B	5.57B	7.61B	6.11B
EBITDA	3.85B	3.04B	5.61B	2.29B	4.78B	3.68B
Net Income	2.22B	1.52B	3.32B	1.03B	2.86B	1.96B
Balance Sheet
Total Assets	53.30B	46.29B	39.46B	53.50B	24.45B	20.45B
Cash, Cash Equivalents and Short-Term Investments	8.01B	9.74B	11.66B	8.06B	11.68B	7.97B
Total Debt	36.61B	27.80B	19.83B	40.38B	10.07B	8.99B
Total Liabilities	39.80B	31.74B	25.52B	41.89B	12.98B	11.24B
Stockholders Equity	13.23B	14.20B	13.94B	11.61B	11.47B	9.21B
Cash Flow
Free Cash Flow	-6.65B	-1.10B	25.84B	-33.20B	3.48B	9.66B
Operating Cash Flow	-6.65B	-1.10B	25.86B	-33.17B	3.48B	9.70B
Investing Cash Flow	-1.37B	-2.55B	-701.07M	-53.66M	-255.88M	-90.79M
Financing Cash Flow	6.09B	1.53B	-21.56B	29.45B	455.81M	-8.23B

Good Com Asset Co.,Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1258.00
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3475, the sentiment is Positive. The current price of 1258 is below the 20-day moving average (MA) of 1296.55, above the 50-day MA of 1243.66, and below the 200-day MA of 1269.14, indicating a bullish trend. The MACD of 12.18 indicates Negative momentum. The RSI at 59.52 is Neutral, neither overbought nor oversold. The STOCH value of 84.47 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3475.

Good Com Asset Co.,Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8931	78 Outperform	¥19.36B	5.59	―	4.71%	10.42%	48.21%
3242	75 Outperform	¥21.19B	5.39	―	3.69%	84.40%	142.34%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
8927	62 Neutral	¥13.22B	7.87	―	2.85%	20.54%	8.92%
3248	58 Neutral	¥2.73B	9.75	―	4.33%	-30.38%	-47.13%
8918	57 Neutral	¥15.38B	719.42	―	1.11%	―	―
3475	54 Neutral	¥38.42B	24.32	―	3.75%	-8.66%	-53.57%

Good Com Asset Co.,Ltd. Corporate Events

Good Com Asset Sees Profit Slump in FY2025 but Projects Sharp Rebound on Acquisition-Driven Growth

Good Com Asset reported weaker consolidated results for the fiscal year ended October 31, 2025, with net sales down 8.7% to ¥54.6 billion and profit attributable to owners of parent falling 54.2% to ¥1.5 billion, pressuring margins and return on equity. Despite the earnings decline, net assets edged up and the company maintained a higher year-end dividend of ¥45 per share and forecasts a sharp rebound in the year ending October 31, 2026, projecting a 45.3% jump in net sales and nearly tripling profit to ¥4.54 billion, supported in part by the consolidation of the newly acquired Livenup Group, which signals an aggressive growth stance and could materially reshape its earnings profile and market positioning if achieved.

The most recent analyst rating on (JP:3475) stock is a Hold with a Yen1283.00 price target. To see the full list of analyst forecasts on Good Com Asset Co.,Ltd. stock, see the JP:3475 Stock Forecast page.

Goodcom Asset Co., Ltd. Evaluates Board Effectiveness to Enhance Governance

Goodcom Asset Co., Ltd. conducted an evaluation of its Board of Directors’ effectiveness, revealing strengths in governance and open discussions but identifying areas for improvement, such as enhancing management experience and risk management systems. The company plans to address these issues to improve its operations and strategic discussions, which could impact its future business expansion and stakeholder relations.

The most recent analyst rating on (JP:3475) stock is a Hold with a Yen1382.00 price target. To see the full list of analyst forecasts on Good Com Asset Co.,Ltd. stock, see the JP:3475 Stock Forecast page.

Goodcom Asset Co., Ltd. Announces New Director Appointments

Goodcom Asset Co., Ltd. has announced a proposal for new director appointments to be submitted at the upcoming Ordinary General Meeting of Shareholders. The company plans to appoint Junichi Motai as an outside director and Masatoshi Yasuda as an alternate audit and supervisory board member, both meeting the Tokyo Stock Exchange’s requirements for independent directors.

The most recent analyst rating on (JP:3475) stock is a Hold with a Yen1382.00 price target. To see the full list of analyst forecasts on Good Com Asset Co.,Ltd. stock, see the JP:3475 Stock Forecast page.

Good Com Asset Co., Ltd. Reports Decline in 2025 Financial Performance Amid Expansion

Good Com Asset Co., Ltd. reported a decline in its financial performance for the fiscal year ended October 31, 2025, with net sales and profits significantly dropping compared to the previous year. Despite the downturn, the company plans to increase its dividend per share and has expanded its scope of consolidation by including five new companies, which may positively impact future growth.

The most recent analyst rating on (JP:3475) stock is a Hold with a Yen1382.00 price target. To see the full list of analyst forecasts on Good Com Asset Co.,Ltd. stock, see the JP:3475 Stock Forecast page.

Goodcom Asset Revises Earnings Forecast Amid Rising Costs

Goodcom Asset Co., Ltd. has revised its consolidated earnings forecast for the fiscal year ending October 2025 due to a significant decline in retail sales to civil servants, attributed to rising construction costs and condominium prices. Despite forming two private placement funds and acquiring two companies, the company reported a segment loss of approximately ¥1.2 billion. To counteract these challenges, Goodcom has established a new Wealth Consulting Department to target wealthy clients and maintain its dividend forecast at ¥45 per share, prioritizing shareholder returns.

The most recent analyst rating on (JP:3475) stock is a Hold with a Yen1382.00 price target. To see the full list of analyst forecasts on Good Com Asset Co.,Ltd. stock, see the JP:3475 Stock Forecast page.

Goodcom Asset Co., Ltd. Celebrates 10th Anniversary with Shareholder Benefits

Goodcom Asset Co., Ltd. has announced a special shareholder benefit program to commemorate the 10th anniversary of its stock listing. This initiative, which includes digital gifts for shareholders based on the number of shares held, reflects the company’s appreciation for stakeholder support and aligns with its policy of enhancing shareholder returns through dividends and other benefits.

The most recent analyst rating on (JP:3475) stock is a Hold with a Yen1382.00 price target. To see the full list of analyst forecasts on Good Com Asset Co.,Ltd. stock, see the JP:3475 Stock Forecast page.