Annual report

1980.TEDINET S100Z203

Period2025-04-01 → 2026-03-31

Filed2026-09-17

StandardJapan GAAP

ConsolidatedYes

Data checks20 of 20 passed

Amends S100YGXY. Amended by S100Z2XM (2026-09-17).

Key figures · 148

Metric	Value	Period	Scope	Source row
Revenue	¥256.2bn	2025-04-01 → 2026-03-31	Cons.	Net sales (5-year summary)
Revenue	¥262.7bn	2024-04-01 → 2025-03-31	Cons.	Net sales (5-year summary)
Revenue	¥197.4bn	2023-04-01 → 2024-03-31^v	Cons.	Net sales (5-year summary)
Revenue	¥186.0bn	2022-04-01 → 2023-03-31^v	Cons.	Net sales (5-year summary)
Revenue	¥162.9bn	2021-04-01 → 2022-03-31^v	Cons.	Net sales (5-year summary)
Operating income	¥34.5bn	2025-04-01 → 2026-03-31	Cons.	Operating income
Operating income	¥23.0bn	2024-04-01 → 2025-03-31	Cons.	Operating income
Ordinary income	¥35.8bn	2025-04-01 → 2026-03-31	Cons.	Ordinary income
Ordinary income	¥23.5bn	2024-04-01 → 2025-03-31	Cons.	Ordinary income
Ordinary income	¥11.9bn	2023-04-01 → 2024-03-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥9.3bn	2022-04-01 → 2023-03-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥8.1bn	2021-04-01 → 2022-03-31^v	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥37.5bn	2025-04-01 → 2026-03-31	Cons.	Income before income taxes
Profit before tax	¥24.0bn	2024-04-01 → 2025-03-31	Cons.	Income before income taxes
Net income (owners)	¥26.8bn	2025-04-01 → 2026-03-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥17.4bn	2024-04-01 → 2025-03-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥9.1bn	2023-04-01 → 2024-03-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥6.6bn	2022-04-01 → 2023-03-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥5.8bn	2021-04-01 → 2022-03-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥26.9bn	2025-04-01 → 2026-03-31	Cons.	Profit loss
Net income	¥17.5bn	2024-04-01 → 2025-03-31	Cons.	Profit loss
Total assets	¥232.1bn	at 2026-03-31	Cons.	Assets
Total assets	¥215.3bn	at 2025-03-31	Cons.	Assets
Total assets	¥160.6bn	at 2024-03-31^v	Cons.	Total assets (5-year summary)
Total assets	¥148.5bn	at 2023-03-31^v	Cons.	Total assets (5-year summary)
Total assets	¥139.1bn	at 2022-03-31^v	Cons.	Total assets (5-year summary)
Total liabilities	¥99.2bn	at 2026-03-31	Cons.	Liabilities
Total liabilities	¥106.1bn	at 2025-03-31	Cons.	Liabilities
Net assets / equity	¥132.9bn	at 2026-03-31	Cons.	Net assets
Net assets / equity	¥109.2bn	at 2025-03-31	Cons.	Net assets
Net assets / equity	¥94.0bn	at 2024-03-31^v	Cons.	Net assets
Net assets / equity	¥82.4bn	at 2023-03-31^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥77.2bn	at 2022-03-31^v	Cons.	Net assets (5-year summary)
Cash and deposits	¥83.2bn	at 2026-03-31	Cons.	Cash and deposits
Cash and deposits	¥51.8bn	at 2025-03-31	Cons.	Cash and deposits
Cash & equivalents	¥81.9bn	at 2026-03-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥50.6bn	at 2025-03-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥22.7bn	at 2024-03-31^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥25.3bn	at 2023-03-31^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥16.0bn	at 2022-03-31^v	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥58.4bn	2025-04-01 → 2026-03-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥12.4bn	2024-04-01 → 2025-03-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥596m	2023-04-01 → 2024-03-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥15.9bn	2022-04-01 → 2023-03-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥11.7bn	2021-04-01 → 2022-03-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	¥415m	2025-04-01 → 2026-03-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥832m	2024-04-01 → 2025-03-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥603m	2023-04-01 → 2024-03-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥4.7bn	2022-04-01 → 2023-03-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥873m	2021-04-01 → 2022-03-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥28.5bn	2025-04-01 → 2026-03-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥16.0bn	2024-04-01 → 2025-03-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥2.8bn	2023-04-01 → 2024-03-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥2.2bn	2022-04-01 → 2023-03-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥3.2bn	2021-04-01 → 2022-03-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥207.33	2025-04-01 → 2026-03-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥135.61	2024-04-01 → 2025-03-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥70.7	2023-04-01 → 2024-03-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥51.59	2022-04-01 → 2023-03-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥45.02	2021-04-01 → 2022-03-31^v	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥1,008.47	at 2026-03-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥831.82	at 2025-03-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥729.28	at 2024-03-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥640.22	at 2023-03-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥600.52	at 2022-03-31^v	Cons.	Net assets per share (5-year summary)
Equity ratio	56.2%	at 2026-03-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	49.7%	at 2025-03-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	58.4%	at 2024-03-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	55.4%	at 2023-03-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	55.4%	at 2022-03-31^v	Cons.	Equity to asset ratio (5-year summary)
ROE	22.5%	2025-04-01 → 2026-03-31	Cons.	Rate of return on equity (5-year summary)
ROE	17.4%	2024-04-01 → 2025-03-31	Cons.	Rate of return on equity (5-year summary)
ROE	10.3%	2023-04-01 → 2024-03-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	8.3%	2022-04-01 → 2023-03-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	7.6%	2021-04-01 → 2022-03-31^v	Cons.	Rate of return on equity (5-year summary)
Employees	2,568	at 2026-03-31	Cons.	Number of employees
Employees	2,445	at 2025-03-31	Cons.	Number of employees
Employees	2,221	at 2024-03-31^v	Cons.	Number of employees
Employees	2,143	at 2023-03-31^v	Cons.	Number of employees
Employees	2,055	at 2022-03-31^v	Cons.	Number of employees
Revenue	¥229.4bn	2025-04-01 → 2026-03-31	Standalone	Net sales (5-year summary)
Revenue	¥248.7bn	2024-04-01 → 2025-03-31	Standalone	Net sales (5-year summary)
Revenue	¥186.9bn	2023-04-01 → 2024-03-31^v	Standalone	Net sales (5-year summary)
Revenue	¥179.6bn	2022-04-01 → 2023-03-31^v	Standalone	Net sales (5-year summary)
Revenue	¥161.1bn	2021-04-01 → 2022-03-31^v	Standalone	Net sales (5-year summary)
Operating income	¥33.8bn	2025-04-01 → 2026-03-31	Standalone	Operating income
Operating income	¥23.0bn	2024-04-01 → 2025-03-31	Standalone	Operating income
Ordinary income	¥35.2bn	2025-04-01 → 2026-03-31	Standalone	Ordinary income
Ordinary income	¥23.3bn	2024-04-01 → 2025-03-31	Standalone	Ordinary income
Ordinary income	¥11.5bn	2023-04-01 → 2024-03-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥9.4bn	2022-04-01 → 2023-03-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥8.2bn	2021-04-01 → 2022-03-31^v	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥36.6bn	2025-04-01 → 2026-03-31	Standalone	Income before income taxes
Profit before tax	¥24.0bn	2024-04-01 → 2025-03-31	Standalone	Income before income taxes
Net income	¥26.3bn	2025-04-01 → 2026-03-31	Standalone	Profit loss
Net income	¥17.5bn	2024-04-01 → 2025-03-31	Standalone	Profit loss
Net income	¥8.8bn	2023-04-01 → 2024-03-31^v	Standalone	Net income loss (5-year summary)
Net income	¥6.8bn	2022-04-01 → 2023-03-31^v	Standalone	Net income loss (5-year summary)
Net income	¥5.9bn	2021-04-01 → 2022-03-31^v	Standalone	Net income loss (5-year summary)
Total assets	¥206.6bn	at 2026-03-31	Standalone	Assets
Total assets	¥195.7bn	at 2025-03-31	Standalone	Assets
Total assets	¥151.2bn	at 2024-03-31^v	Standalone	Total assets (5-year summary)
Total assets	¥144.3bn	at 2023-03-31^v	Standalone	Total assets (5-year summary)
Total assets	¥136.8bn	at 2022-03-31^v	Standalone	Total assets (5-year summary)
Total liabilities	¥85.6bn	at 2026-03-31	Standalone	Liabilities
Total liabilities	¥94.0bn	at 2025-03-31	Standalone	Liabilities
Net assets / equity	¥121.0bn	at 2026-03-31	Standalone	Net assets
Net assets / equity	¥101.7bn	at 2025-03-31	Standalone	Net assets
Net assets / equity	¥88.8bn	at 2024-03-31^v	Standalone	Net assets
Net assets / equity	¥80.7bn	at 2023-03-31^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥75.8bn	at 2022-03-31^v	Standalone	Net assets (5-year summary)
Cash and deposits	¥74.5bn	at 2026-03-31	Standalone	Cash and deposits
Cash and deposits	¥43.5bn	at 2025-03-31	Standalone	Cash and deposits
EPS (basic)	¥203.59	2025-04-01 → 2026-03-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥136.11	2024-04-01 → 2025-03-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥68.46	2023-04-01 → 2024-03-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥52.75	2022-04-01 → 2023-03-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥45.69	2021-04-01 → 2022-03-31^v	Standalone	Basic earnings loss per share (5-year summary)
Dividend per share	¥138	2025-04-01 → 2026-03-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥163	2024-04-01 → 2025-03-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥103	2023-04-01 → 2024-03-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥100	2022-04-01 → 2023-03-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥90	2021-04-01 → 2022-03-31^v	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥935.16	at 2026-03-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥790.67	at 2025-03-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥690.7	at 2024-03-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥628.13	at 2023-03-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥590.37	at 2022-03-31^v	Standalone	Net assets per share (5-year summary)
Equity ratio	58.6%	at 2026-03-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	52.0%	at 2025-03-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	58.7%	at 2024-03-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	55.9%	at 2023-03-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	55.4%	at 2022-03-31^v	Standalone	Equity to asset ratio (5-year summary)
ROE	23.6%	2025-04-01 → 2026-03-31	Standalone	Rate of return on equity (5-year summary)
ROE	18.4%	2024-04-01 → 2025-03-31	Standalone	Rate of return on equity (5-year summary)
ROE	10.4%	2023-04-01 → 2024-03-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	8.7%	2022-04-01 → 2023-03-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	7.9%	2021-04-01 → 2022-03-31^v	Standalone	Rate of return on equity (5-year summary)
Shares issued	137,891,000	at 2026-03-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	45,963,000	at 2025-03-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	45,963,000	at 2024-03-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	22,981,000	at 2023-03-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	22,981,000	at 2022-03-31^v	Standalone	Total number of issued shares (5-year summary)
Employees	2,185	at 2026-03-31	Standalone	Number of employees
Employees	2,070	at 2025-03-31	Standalone	Number of employees
Employees	2,007	at 2024-03-31^v	Standalone	Number of employees
Employees	1,958	at 2023-03-31^v	Standalone	Number of employees
Employees	1,906	at 2022-03-31^v	Standalone	Number of employees

Periods use the dates stated in the filing. ^d = earlier-year period dated by calendar; ^v = that date confirmed by the company's own earlier filing.

All source rows · 2,138

Item	Context	Value	Unit
Accumulated depreciation buildings	CurrentYearInstant_NonConsolidatedMember	-5047000000	JPY
Buildings net	Prior1YearInstant_NonConsolidatedMember	6026000000	JPY
Buildings net	CurrentYearInstant_NonConsolidatedMember	6191000000	JPY
Structures	Prior1YearInstant_NonConsolidatedMember	237000000	JPY
Structures	CurrentYearInstant_NonConsolidatedMember	267000000	JPY
Accumulated depreciation structures	Prior1YearInstant_NonConsolidatedMember	-165000000	JPY
Accumulated depreciation structures	CurrentYearInstant_NonConsolidatedMember	-175000000	JPY
Structures net	Prior1YearInstant_NonConsolidatedMember	72000000	JPY
Structures net	CurrentYearInstant_NonConsolidatedMember	92000000	JPY
Machinery and equipment	Prior1YearInstant_NonConsolidatedMember	403000000	JPY
Machinery and equipment	CurrentYearInstant_NonConsolidatedMember	425000000	JPY
Accumulated depreciation machinery and equipment	Prior1YearInstant_NonConsolidatedMember	-196000000	JPY
Accumulated depreciation machinery and equipment	CurrentYearInstant_NonConsolidatedMember	-241000000	JPY
Machinery and equipment net	Prior1YearInstant_NonConsolidatedMember	206000000	JPY
Machinery and equipment net	CurrentYearInstant_NonConsolidatedMember	184000000	JPY
Vehicles	Prior1YearInstant_NonConsolidatedMember	120000000	JPY
Vehicles	CurrentYearInstant_NonConsolidatedMember	127000000	JPY
Accumulated depreciation vehicles	Prior1YearInstant_NonConsolidatedMember	-72000000	JPY
Accumulated depreciation vehicles	CurrentYearInstant_NonConsolidatedMember	-82000000	JPY
Vehicles net	Prior1YearInstant_NonConsolidatedMember	48000000	JPY
Vehicles net	CurrentYearInstant_NonConsolidatedMember	44000000	JPY
Tools furniture and fixtures	Prior1YearInstant_NonConsolidatedMember	840000000	JPY
Tools furniture and fixtures	CurrentYearInstant_NonConsolidatedMember	873000000	JPY
Accumulated depreciation tools furniture and fixtures	Prior1YearInstant_NonConsolidatedMember	-568000000	JPY
Accumulated depreciation tools furniture and fixtures	CurrentYearInstant_NonConsolidatedMember	-544000000	JPY
Tools furniture and fixtures net	Prior1YearInstant_NonConsolidatedMember	272000000	JPY
Tools furniture and fixtures net	CurrentYearInstant_NonConsolidatedMember	328000000	JPY
Land	Prior1YearInstant_NonConsolidatedMember	1280000000	JPY
Land	CurrentYearInstant_NonConsolidatedMember	1280000000	JPY
Construction in progress	Prior1YearInstant_NonConsolidatedMember	8000000	JPY
Construction in progress	CurrentYearInstant_NonConsolidatedMember	955000000	JPY
Property plant and equipment	Prior1YearInstant_NonConsolidatedMember	7915000000	JPY
Property plant and equipment	CurrentYearInstant_NonConsolidatedMember	9076000000	JPY
Software	Prior1YearInstant_NonConsolidatedMember	1094000000	JPY
Software	CurrentYearInstant_NonConsolidatedMember	1335000000	JPY
Other ia	Prior1YearInstant_NonConsolidatedMember	412000000	JPY
Other ia	CurrentYearInstant_NonConsolidatedMember	168000000	JPY
Intangible assets	Prior1YearInstant_NonConsolidatedMember	1507000000	JPY
Intangible assets	CurrentYearInstant_NonConsolidatedMember	1503000000	JPY
Investment securities	Prior1YearInstant_NonConsolidatedMember	16431000000	JPY
Investment securities	CurrentYearInstant_NonConsolidatedMember	16055000000	JPY
Stocks of subsidiaries and affiliates	Prior1YearInstant_NonConsolidatedMember	9936000000	JPY
Stocks of subsidiaries and affiliates	CurrentYearInstant_NonConsolidatedMember	10187000000	JPY
Long term loans receivable from employees	Prior1YearInstant_NonConsolidatedMember	0	JPY
Long term loans receivable from employees	CurrentYearInstant_NonConsolidatedMember	－	JPY
Long term loans receivable from subsidiaries and affiliates	Prior1YearInstant_NonConsolidatedMember	614000000	JPY
Long term loans receivable from subsidiaries and affiliates	CurrentYearInstant_NonConsolidatedMember	595000000	JPY
Long term prepaid expenses	Prior1YearInstant_NonConsolidatedMember	－	JPY
Long term prepaid expenses	CurrentYearInstant_NonConsolidatedMember	600000000	JPY
Guarantee deposits ioa	Prior1YearInstant_NonConsolidatedMember	829000000	JPY

Every row of the EDINET CSV. Item names are the XBRL element names; filed text is kept in its original Japanese. Filed text is available on Plus and Pro.

Data checks · 20 of 20 passed

balance sheet identity	consolidated 2025-03-31	pass rounding
balance sheet identity	consolidated 2026-03-31	pass
balance sheet identity	non_consolidated 2025-03-31	pass
balance sheet identity	non_consolidated 2026-03-31	pass
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2024-03-31	pass
statement vs summary · net assets	consolidated 2025-03-31	pass
statement vs summary · net assets	consolidated 2026-03-31	pass
statement vs summary · net assets	non_consolidated 2024-03-31	pass
statement vs summary · net assets	non_consolidated 2025-03-31	pass
statement vs summary · net assets	non_consolidated 2026-03-31	pass
statement vs summary · net income attributable to parent	consolidated 2024-04-01/2025-03-31	pass
statement vs summary · net income attributable to parent	consolidated 2025-04-01/2026-03-31	pass
statement vs summary · operating cash flow	consolidated 2024-04-01/2025-03-31	pass
statement vs summary · operating cash flow	consolidated 2025-04-01/2026-03-31	pass
statement vs summary · total assets	consolidated 2025-03-31	pass
statement vs summary · total assets	consolidated 2026-03-31	pass
statement vs summary · total assets	non_consolidated 2025-03-31	pass
statement vs summary · total assets	non_consolidated 2026-03-31	pass