Cash flow Central Forest Group, Inc.

Equities

7675

JP3425850009

Food Retail & Distribution

End-of-day quote NAGOYA STOCK EXCHANGE Other stock markets 17/02/2026			5-day change	1st Jan Change
2,737.00 ^JPY	+0.92%		+0.37%	-0.47%

05/12/24	Tranche Update on Central Forest Group, Inc.'s Equity Buyback Plan announced on November 6, 2024.	CI
03/12/24	Central Forest Group, Inc.'s Equity Buyback announced on November 6, 2024 has closed with 356,000 shares, representing 4.17% for ¥751.16 million.	CI

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Published financial data: CENTRAL FOREST GROUP, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	285B	298B	313B	329B	348B
Total Revenues	285B	298B	313B	329B	348B
Cost of Goods Sold, Total	260B	271B	284B	298B	315B
Gross Profit	24.86B	27.27B	29.05B	31.16B	33.25B
Selling General & Admin Expenses, Total	24.01B	26.12B	27.43B	28.63B	30.44B
Other Operating Expenses, Total	24.01B	26.12B	27.43B	28.63B	30.44B
Operating Income	849M	1.16B	1.62B	2.53B	2.82B
Interest Expense, Total	-6M	-9M	-8M	-7M	-7M
Interest And Investment Income	136M	140M	140M	151M	181M
Net Interest Expenses	130M	131M	132M	144M	174M
Other Non Operating Income (Expenses)	159M	165M	161M	138M	154M
EBT, Excl. Unusual Items	1.14B	1.45B	1.92B	2.81B	3.14B
Gain (Loss) On Sale Of Investments	75M	214M	28M	34M	45M
Gain (Loss) On Sale Of Assets	13M	100M	18M	-	-
Asset Writedown	-241M	-184M	-13M	-10M	-
Other Unusual Items	1M	14M	-41M	-	-
EBT, Incl. Unusual Items	986M	1.6B	1.91B	2.84B	3.19B
Income Tax Expense	337M	543M	640M	876M	940M
Earnings From Continuing Operations	649M	1.05B	1.27B	1.96B	2.25B
Net Income to Company	649M	1.05B	1.27B	1.96B	2.25B
Minority Interest	-	-	-	-	-
Net Income - (IS)	649M	1.05B	1.27B	1.96B	2.25B
Net Income to Common Incl Extra Items	649M	1.05B	1.27B	1.96B	2.25B
Net Income to Common Excl. Extra Items	649M	1.05B	1.27B	1.96B	2.25B
Per Share Items
Net EPS - Basic	73.91	119.8	144.4	228	263.59
Basic EPS - Continuing Operations	73.91	119.8	144.4	228	263.59
Basic Weighted Average Shares Outstanding	8.78M	8.78M	8.78M	8.59M	8.54M
Net EPS - Diluted	73.91	119.8	144.4	228	263.59
Diluted EPS - Continuing Operations	73.91	119.8	144.4	228	263.59
Diluted Weighted Average Shares Outstanding	8.78M	8.78M	8.78M	8.59M	8.54M
Normalized Basic EPS	81	103.28	136.37	204.48	230.27
Normalized Diluted EPS	81	103.28	136.37	204.48	230.27
Dividend Per Share	30	30	34	43	55
Payout Ratio	54.08	25	22.16	15.47	18.98
Supplemental Items
EBITDA	1.31B	1.73B	2.25B	3.24B	3.54B
EBITA	849M	1.24B	1.73B	2.64B	2.91B
EBIT	849M	1.16B	1.62B	2.53B	2.82B
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	34.18	34.04	33.54	30.9	29.47
Normalized Net Income	711M	907M	1.2B	1.76B	1.97B
Non-Cash Pension Expense	-104M	-98M	-111M	-70M	-88M
Supplemental Operating Expense Items
Selling and Marketing Expenses	17.29B	18.12B	18.65B	19.25B	20.47B
Net Rental Expense, Total	-	-	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	13.27B	14.1B	15.07B	14.32B	16.17B
Short Term Investments	4.69B	5.9B	5.31B	5.56B	5.44B
Total Cash And Short Term Investments	17.96B	20B	20.37B	19.88B	21.61B
Accounts Receivable, Total	45.85B	48.8B	48.7B	50.52B	53.17B
Other Receivables	9.53B	9.86B	9.73B	10.4B	11.05B
Total Receivables	55.38B	58.66B	58.43B	60.92B	64.22B
Inventory	10.1B	11.24B	11.75B	13.12B	13.6B
Other Current Assets, Total	560M	672M	625M	772M	721M
Total Current Assets	84B	90.58B	91.18B	94.7B	100B
Net Property Plant And Equipment	8.6B	8.45B	8.26B	8.44B	8.51B
Long-term Investments	11.49B	11.12B	10.94B	13.38B	12.91B
Other Intangibles, Total	219M	1.32B	1.22B	1.16B	942M
Other Long-Term Assets, Total	1M	3M	2M	2M	2M
Total Assets	104B	111B	112B	118B	123B
Liabilities
Accounts Payable, Total	67.56B	73.39B	72.88B	76.11B	79.11B
Accrued Expenses, Total	193M	295M	328M	357M	338M
Current Income Taxes Payable	4.77B	5.28B	5.23B	5.65B	6B
Other Current Liabilities	680M	737M	891M	721M	835M
Total Current Liabilities	73.21B	79.71B	79.32B	82.84B	86.28B
Pension & Other Post Retirement Benefits	-	10M	9M	6M	5M
Deferred Tax Liability Non Current	1.51B	1.31B	1.22B	1.63B	1.75B
Other Non Current Liabilities	1.46B	1.9B	1.7B	1.8B	1.78B
Total Liabilities	76.18B	82.92B	82.26B	86.27B	89.82B
Common Stock, Total	1.6B	1.6B	1.6B	1.6B	1.6B
Additional Paid In Capital	6.05B	6.05B	6.05B	6.05B	6.05B
Retained Earnings	16.7B	17.49B	18.48B	20.13B	21.96B
Treasury Stock	-	-	-	-390M	-1.19B
Comprehensive Income and Other	3.79B	3.4B	3.2B	4.01B	4.28B
Total Common Equity	28.14B	28.54B	29.33B	31.41B	32.7B
Total Equity	28.14B	28.54B	29.33B	31.41B	32.7B
Total Liabilities And Equity	104B	111B	112B	118B	123B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	8.78M	8.78M	8.56M	8.56M	8.18M
ECS Total Common Shares Outstanding	8.78M	8.78M	8.78M	8.56M	8.18M
Book Value / Share	3.2K	3.25K	3.34K	3.67K	4K
Tangible Book Value	27.92B	27.22B	28.11B	30.25B	31.76B
Tangible Book Value Per Share	3.18K	3.1K	3.2K	3.54K	3.88K
Total Debt	0	0	0	0	0
Net Debt	-17.96B	-20B	-20.37B	-19.88B	-21.61B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-519M	-632M	-543M	-616M	-871M
Debt Equivalent Oper. Leases	-	-	-	-	-
Inventories - Raw Materials, Total	55M	54M	51M	63M	83M
Inventories - Finished Goods, Total	10.05B	11.18B	11.7B	13.06B	13.52B
Full Time Employees	570	710	704	742	781
Accumulated Allowance for Doubtful Accounts (Supple)	2M	7M	5M	2M	1M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	987M	1.6B	1.91B	2.84B	3.19B
Depreciation & Amortization - CF	462M	493M	517M	602M	634M
Amortization of Goodwill and Intangible Assets - (CF)	-	86M	108M	109M	93M
Depreciation & Amortization, Total	462M	579M	625M	711M	727M
(Gain) Loss From Sale Of Asset	228M	59M	-5M	10M	-
(Gain) Loss on Sale of Investments - (CF)	-71M	-73M	-28M	-34M	-45M
Other Operating Activities, Total	174M	-347M	-350M	-531M	-642M
Change In Accounts Receivable	755M	-2.39B	99M	-1.81B	-2.65B
Change In Inventories	-91M	-1.06B	-514M	-1.37B	-480M
Change In Accounts Payable	161M	5.51B	-175M	3.46B	3.43B
Change in Other Net Operating Assets	-561M	-696M	-224M	-746M	-829M
Cash from Operations	2.04B	3.18B	1.34B	2.52B	2.7B
Capital Expenditure	-320M	-521M	-322M	-718M	-507M
Sale of Property, Plant, and Equipment	60M	199M	20M	-	-
Cash Acquisitions	-	-359M	-	-	-
Investment in Marketable and Equity Securities, Total	-294M	51M	-18M	711M	833M
Other Investing Activities, Total	60M	17M	-103M	-1.07B	40M
Cash from Investing	-494M	-613M	-423M	-1.08B	366M
Long-Term Debt Repaid, Total	-	-134M	-156M	-123M	-19M
Total Debt Repaid	-	-134M	-156M	-123M	-19M
Repurchase of Common Stock	-	-	-	-390M	-811M
Common Dividends Paid	-351M	-263M	-281M	-303M	-427M
Common & Preferred Stock Dividends Paid	-351M	-263M	-281M	-303M	-427M
Other Financing Activities, Total	-105M	-118M	-113M	-116M	-119M
Cash from Financing	-456M	-515M	-550M	-932M	-1.38B
Miscellaneous Cash Flow Adjustments	-	-2M	-1M	-2M	-
Net Change in Cash	1.09B	2.04B	363M	509M	1.69B
Supplemental Items
Cash Interest Paid	6M	9M	8M	7M	7M
Cash Income Tax Paid (Refund)	41M	543M	549M	726M	862M
Levered Free Cash Flow	1.55B	2.75B	695M	1.07B	1.69B
Unlevered Free Cash Flow	1.55B	2.75B	700M	1.07B	1.7B
Change In Net Working Capital	-878M	-1.97B	617M	500M	285M
Net Debt Issued / Repaid	-	-134M	-156M	-123M	-19M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	0.51	0.67	0.91	1.38	1.47
Return on Total Capital	1.88	2.55	3.51	5.2	5.49
Return On Equity %	2.3	3.71	4.38	6.45	7.02
Return on Common Equity	2.3	3.71	4.38	6.45	7.02
Margin Analysis
Gross Profit Margin %	8.73	9.14	9.29	9.48	9.55
SG&A Margin	8.43	8.76	8.77	8.71	8.74
EBITDA Margin %	0.46	0.58	0.72	0.99	1.02
EBITA Margin %	0.3	0.42	0.55	0.8	0.84
EBIT Margin %	0.3	0.39	0.52	0.77	0.81
Income From Continuing Operations Margin %	0.23	0.35	0.41	0.6	0.65
Net Income Margin %	0.23	0.35	0.41	0.6	0.65
Net Avail. For Common Margin %	0.23	0.35	0.41	0.6	0.65
Normalized Net Income Margin	0.25	0.3	0.38	0.53	0.56
Levered Free Cash Flow Margin	0.54	0.92	0.22	0.33	0.49
Unlevered Free Cash Flow Margin	0.54	0.92	0.22	0.33	0.49
Asset Turnover
Asset Turnover	2.73	2.76	2.8	2.87	2.9
Fixed Assets Turnover	32.63	34.97	37.43	39.4	41.08
Receivables Turnover (Average Receivables)	6.16	6.3	6.41	6.63	6.71
Inventory Turnover (Average Inventory)	25.84	25.4	24.67	23.93	23.56
Short Term Liquidity
Current Ratio	1.15	1.14	1.15	1.14	1.16
Quick Ratio	1	0.99	0.99	0.98	0.99
Operating Cash Flow to Current Liabilities	0.03	0.04	0.02	0.03	0.03
Days Sales Outstanding (Average Receivables)	59.41	57.92	56.91	55.06	54.51
Days Outstanding Inventory (Average Inventory)	14.16	14.37	14.79	15.25	15.54
Average Days Payable Outstanding	94.78	94.54	93.96	90.92	90.09
Cash Conversion Cycle (Average Days)	-21.21	-22.25	-22.25	-20.61	-20.04
Long Term Solvency
Total Liabilities / Total Assets	73.03	74.39	73.72	73.31	73.31
EBIT / Interest Expense	141.5	128.33	202.88	361.29	402.43
EBITDA / Interest Expense	218.5	192.67	281	462.86	506.29
(EBITDA - Capex) / Interest Expense	165.17	134.78	240.75	360.29	433.86
Net Debt / EBITDA	-13.7	-11.54	-9.06	-6.14	-6.1
Net Debt / (EBITDA - Capex)	-18.12	-16.49	-10.58	-7.88	-7.12
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	19.67	4.72	4.83	5.18	5.85
Gross Profit, 1 Yr. Growth %	15.96	9.69	6.53	7.25	6.72
EBITDA, 1 Yr. Growth %	-21.33	32.27	29.64	44.13	9.38
EBITA, 1 Yr. Growth %	-29.34	46.17	39.48	52.4	10.31
EBIT, 1 Yr. Growth %	-29.34	36.04	40.52	55.82	11.39
Earnings From Cont. Operations, 1 Yr. Growth %	-57.86	62.1	20.53	54.5	14.85
Net Income, 1 Yr. Growth %	-57.81	62.1	20.53	54.5	14.85
Normalized Net Income, 1 Yr. Growth %	-23.35	27.5	32.05	46.71	11.88
Diluted EPS Before Extra, 1 Yr. Growth %	-64.14	62.1	20.53	57.89	15.61
Accounts Receivable, 1 Yr. Growth %	-1.62	6.43	-0.2	3.73	5.25
Inventory, 1 Yr. Growth %	0.91	11.22	4.57	11.68	3.66
Net Property, Plant and Equip., 1 Yr. Growth %	-2.8	-1.78	-2.33	2.2	0.84
Total Assets, 1 Yr. Growth %	0.31	6.86	0.11	5.45	4.12
Tangible Book Value, 1 Yr. Growth %	-0.19	-2.49	3.25	7.63	4.97
Common Equity, 1 Yr. Growth %	-0.23	1.44	2.76	7.08	4.11
Cash From Operations, 1 Yr. Growth %	51K	55.33	-57.89	88.48	7.06
Capital Expenditures, 1 Yr. Growth %	70.21	62.81	-38.2	122.98	-29.39
Levered Free Cash Flow, 1 Yr. Growth %	-	77.6	-74.69	53.77	58.17
Unlevered Free Cash Flow, 1 Yr. Growth %	-	77.53	-74.56	53.29	57.93
Dividend Per Share, 1 Yr. Growth %	-	0	13.33	26.47	27.91
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	11.95	4.78	5	5.51
Gross Profit, 2 Yr. CAGR %	-	12.78	8.1	6.89	6.99
EBITDA, 2 Yr. CAGR %	-	2.01	30.95	36.69	25.56
EBITA, 2 Yr. CAGR %	-	1.63	42.79	45.8	29.66
EBIT, 2 Yr. CAGR %	-	-1.96	38.26	47.97	31.74
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-17.35	39.78	36.46	33.21
Net Income, 2 Yr. CAGR %	-	-17.31	39.78	36.46	33.21
Normalized Net Income, 2 Yr. CAGR %	-	-1.14	29.76	39.19	28.12
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-23.76	39.78	37.95	35.11
Accounts Receivable, 2 Yr. CAGR %	-	2.33	3.06	1.74	4.49
Inventory, 2 Yr. CAGR %	-	5.94	7.85	8.07	7.6
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-2.29	-2.05	-0.09	1.52
Total Assets, 2 Yr. CAGR %	-	3.53	3.43	2.75	4.78
Tangible Book Value, 2 Yr. CAGR %	-	-1.35	0.34	5.41	6.29
Common Equity, 2 Yr. CAGR %	-	0.6	2.1	4.9	5.58
Cash From Operations, 2 Yr. CAGR %	-	2.72K	-19.12	-10.91	42.05
Capital Expenditures, 2 Yr. CAGR %	-	66.47	0.31	17.39	25.48
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-32.95	-37.61	55.95
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-32.79	-37.55	55.6
Dividend Per Share, 2 Yr. CAGR %	-	-	6.46	19.72	27.19
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	9.52	4.91	5.29
Gross Profit, 3 Yr. CAGR %	-	-	10.66	7.82	6.84
EBITDA, 3 Yr. CAGR %	-	-	10.49	35.2	26.91
EBITA, 3 Yr. CAGR %	-	-	12.94	45.92	32.85
EBIT, 3 Yr. CAGR %	-	-	10.54	43.88	34.61
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-6.27	44.52	28.84
Net Income, 3 Yr. CAGR %	-	-	-6.24	44.52	28.84
Normalized Net Income, 3 Yr. CAGR %	-	-	8.87	35.18	29.41
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-11.18	45.57	30.06
Accounts Receivable, 3 Yr. CAGR %	-	-	1.48	3.28	2.9
Inventory, 3 Yr. CAGR %	-	-	5.48	9.11	6.58
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-2.3	-0.66	0.22
Total Assets, 3 Yr. CAGR %	-	-	2.38	4.1	3.2
Tangible Book Value, 3 Yr. CAGR %	-	-	0.16	2.71	5.27
Common Equity, 3 Yr. CAGR %	-	-	1.31	3.73	4.63
Cash From Operations, 3 Yr. CAGR %	-	-	594	7.23	-5.28
Capital Expenditures, 3 Yr. CAGR %	-	-	19.65	30.92	-0.9
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-11.58	-14.93
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-11.53	-14.92
Dividend Per Share, 3 Yr. CAGR %	-	-	-	12.75	22.39
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	7.9
Gross Profit, 5 Yr. CAGR %	-	-	-	-	9.18
EBITDA, 5 Yr. CAGR %	-	-	-	-	16.29
EBITA, 5 Yr. CAGR %	-	-	-	-	19.35
EBIT, 5 Yr. CAGR %	-	-	-	-	18.58
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	7.88
Net Income, 5 Yr. CAGR %	-	-	-	-	7.9
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	16.2
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	5.04
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	2.67
Inventory, 5 Yr. CAGR %	-	-	-	-	6.32
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	-0.79
Total Assets, 5 Yr. CAGR %	-	-	-	-	3.33
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	2.57
Common Equity, 5 Yr. CAGR %	-	-	-	-	3
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	267.96
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	21.95