Central General Development Co (TSE:3238) Tax Rate %: 32.68% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3238 Central General Development Co Ltd TSE:3238
50 GF Score
Price 円388.00
GF Value 円587.70
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Central General Development Co Tax Rate %?

Central General Development Co TSE:3238 50 Tax Rate % is 32.68% as of Mar. 2026. GuruFocus rates TSE:3238 with a GF Score™ of 50/100 and a GF Value™ of 円587.70 (Possible Value Trap). The stock has 7 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Central General Development Co's Tax Expense for the three months ended in Mar. 2026 was 円613 Mil. Central General Development Co's Pre-Tax Income for the three months ended in Mar. 2026 was 円1,876 Mil. Therefore, Central General Development Co's Tax Rate % for the quarter that ended in Mar. 2026 was 32.68%.

Central General Development Co Tax Rate % Related Terms

Central General Development Co Tax Rate % Historical Data

* Premium members only.

The historical data trend for Central General Development Co's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Central General Development Co Tax Rate % Chart

Central General Development Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.94 32.90 33.32 35.04 51.08

Central General Development Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.71 29.61 28.74 32.68 34.36
TSE:3238
50GF Score
Central General Development Co Ltd TSE:3238
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Central General Development Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Central General Development Co's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=154.097/301.695
=51.08 %

Central General Development Co's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=613.123/1876.343
=32.68 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 32.68% mean?
Central General Development Co (TSE:3238) has a Tax Rate % of 32.68% as of Mar. 2026.
Is Central General Development Co's Tax Rate % too high?
Central General Development Co's current Tax Rate % is 32.68%. Overall, Central General Development Co has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Central General Development Co's Tax Rate % compare to CBRE and BEKE?
Central General Development Co's Tax Rate % of 32.68% can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Real Estate company?
A good Tax Rate % depends on the Real Estate industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Central General Development Co's current Tax Rate % is 32.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central General Development Co stock overvalued right now?
Based on GuruFocus' analysis, Central General Development Co (TSE:3238) is currently considered Possible Value Trap. The stock's GF Value™ is 円587.70, compared to a current price of 円388.00 — trading 34% below its estimated fair value. The current Tax Rate % is 32.68%. Central General Development Co's overall GF Score™ is 50/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Central General Development Co (TSE:3238), the current Tax Rate % is 32.68% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Central General Development Co (TSE:3238) Overvalued in 2026?

Based on GuruFocus' analysis, Central General Development Co stock appears to be undervalued. The current stock price of 円388.00 is trading 34% below its estimated GF Value™ of 円587.70. GuruFocus considers Central General Development Co to be Possible Value Trap.

Key valuation signals for TSE:3238:

  • Tax Rate %: 32.68%
  • GF Value™: 円587.70 vs. price of 円388.00 (34% below fair value)
  • GF Score™: 50/100 with 7 warning signs

No single metric tells the full story. See the TSE:3238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Central General Development Co Business Description

Address 3-3-7 Iidabashi, Chiyoda-ku, Tokyo, JPN
Central General Development Co Ltd is engaged in the real estate business in Japan. The company is involved in the management and operation of real estate-related businesses in Japan. It sells condominiums and provides after-sale services, such as inspection and repairs and leases buildings.
50GF Score

Get the complete analysis for TSE:3238

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円388.00
Price
円587.70
GF Value