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Pressance Corporation

Pressance Corporation

3254.T
Pressance CorporationJP flagTokyo Stock Exchange
2,383.00
JPY
-2.00
- -
165.38BMarket Cap
Pressance Corporation
3254.T
(Tokyo Stock Exchange)

Recent

price

2,383.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2021
2022
2023
2024
TTM
FRC
538.97
575.22
615.02
703.98
851.61
1,068.32
1,308.41
1,718.73
2,266.32
2,601.65
3,555.28
3,744.17
- -
2,123.81
2,344.94
- -
2,294.96
Revenue per Share
44.66
50.21
68.1
88.95
103.44
126.27
152.31
178.99
232.58
296.42
347.45
315.32
- -
206.39
254.55
- -
264.38
Basic EPS, GAAP
-16.59
-31.15
55.36
-32.37
7.3
-100.26
-289.95
-432.61
-679.33
-396.62
367.89
1,509.23
- -
290.7
171.68
- -
-304.32
Free Cash Flow per Basic Share
6.24
6.23
6.23
8.74
8.67
12.44
12.73
23.77
24.99
34.12
48.53
25.81
- -
32.05
37.93
- -
39.86
Dividend per Share
320.8
365.97
422.34
502.55
595.35
703.37
855.6
1,033.46
1,243.6
1,461.08
1,760.08
2,032.31
- -
2,233.2
2,440.56
- -
2,571.72
Book Value per Share
338.57
385.48
442.01
523.07
617.42
725.99
833.17
1,008.93
1,263.52
1,527.57
1,847.92
2,149.67
- -
2,349.76
2,560.66
- -
2,692
Tangible Book Value per Share
59
59
60
60
61
61
60
59
59
62
63
65
- -
68
69
- -
69
Basic Weighted Avg Shares
31,881
34,086
36,998
42,350
51,756
65,641
78,991
101,084
134,059
160,580
224,011
243,813
- -
145,205
161,311
180,745
158,550
Sales/Revenue/Turnover
17.59
18.91
20.58
22.18
19.97
18.68
17.8
15.48
15.19
16.89
14.56
12.21
- -
14.22
15.83
15.28
16.26
Operating Margin (%)
166
158
127
144
140
243
269
328
506
571
571
414
- -
489
543
587
594
Depreciation Expense
2,642
2,975
4,097
5,351
6,286
7,758
9,195
10,527
13,758
18,296
21,892
20,533
- -
14,111
17,511
21,017
18,265
Net Income, GAAP
43.89
43.64
45.13
42.63
38.77
35.71
33.36
31.64
30.62
31.05
31.62
32.66
- -
27.08
30.84
28.23
30.44
Effective Tax Rate (%)
8.29
8.73
11.07
12.64
12.15
11.82
11.64
10.41
10.26
11.39
9.77
8.42
- -
9.72
10.86
11.63
11.52
Profit Margin (%)
23,209
33,930
36,786
46,621
51,438
65,423
95,716
122,372
159,624
197,675
188,748
167,696
183,245
200,558
216,361
266,260
245,798
Working Capital
6,965
13,930
13,620
17,871
19,307
27,832
51,298
75,691
102,022
123,619
85,903
46,469
52,798
57,175
63,266
93,372
83,155
LT Debt
20,032
22,846
26,599
31,473
37,555
44,632
50,324
59,615
75,173
94,617
116,688
140,131
148,254
160,767
176,265
196,009
186,075
Total Equity
10.53
9.74
9.27
10.55
10.7
10.88
9.84
7.84
7.34
7.48
7.95
7.52
- -
6.25
7.16
7.06
6.81
Return on Invested Capital (%)
9.82
8.76
10.07
11.52
11.5
11.57
10.17
8
7.47
7.71
8.34
8.6
- -
5.89
7.59
8.01
7.44
Return on Capital (%)
14.81
14.63
17.4
19.24
18.93
19.54
19.38
18.73
20.48
22.35
21.77
16.88
- -
9.63
10.92
11.87
10.76
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'23
Dec'24
Mar'24
ST Debt
10,952
6,816
6,122
LT Borrowings
63,266
63,958
83,155
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
69
69
69
Market Capitalization
122,914
107,613
123,830

Working Capital

FRC

•

in mil. unless spec.
Sep'23
Dec'24
Mar'24
Total Current Assets
248,889
243,657
270,220
Cash, Cash Equivalents & STI
110,147
99,771
102,879
Accounts Receivable, Net
173
150
184
Inventories
134,569
139,354
162,450
Total Current Liabilities
32,528
20,238
24,422
Payables & Accruals
- -
- -
- -
ST Debt
10,952
6,816
6,122
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.17%
11.03%
11.2%
Free Cash Flow
- -
- -
-268.62%
Net Income, GAAP
- -
- -
20.02%
Sales/Revenue/Turnover
- -
- -
12.05%
Total Cash Common Dividend
- -
- -
11.12%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
37,007
34,778
33,251
40,169
145,205
2023
39,155
46,460
35,559
40,137
161,311
2024
40,960
41,894
- -
- -
180,745

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
58.41
- -
- -
- -
206.39
2023
68.3
- -
- -
- -
254.55
2024
76.99
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
15.97
- -
- -
- -
32.05
2023
18.89
- -
- -
- -
37.93
2024
20.9
- -
- -
- -
- -
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Business
Pressance Corporation (3254.T), a subsidiary of Open House Group Co., Ltd., engages in real estate development and management in Japan, primarily planning, developing, selling, and managing studio apartments, family apartments, condominiums, and detached housing; brokerage, leasing, and management of properties including parking lots and buildings; rent debt guarantees; property insurance agency services; interior construction; hotel operations; and real estate consulting, research, and general transactions. The company offers brands such as the Pressance series for urban condominiums in prime locations, targeting investment and family buyers, with a focus on central areas in the Kansai (Osaka, Kyoto), Tokai-Chukyo (Nagoya), Kanto, and Okinawa regions, where it holds top supply rankings including No. 1 in Kansai for 15 consecutive years and nationwide No. 2 position. Founded in 1997 and headquartered in Osaka, Japan, Pressance operates subsidiaries like Pressance Realta for brokerage and MelDia Development & Construction for land and building production in regions including Aichi and Shizuoka. In a major strategic development, Open House Group completed a tender offer in February 2025 to acquire the remaining 36.58% stake in Pressance for JPY 60.7 billion ($390 million) at JPY 2,390 per share, making Pressance a wholly owned subsidiary and leading to its delisting from the Tokyo Stock Exchange Standard market effective March 28, 2025. This transaction, financed by a loan from Sumitomo Mitsui Banking Corp., enhances integration within the Open House Group, building on prior ownership and supporting expanded development capabilities amid robust demand for urban residential properties. Pressance continues to emphasize efficient pre-sale strategies, joint ventures on multiple projects, and diverse product lines including investment condos and family units to maintain strong sales growth.