Annual report

Period2025-06-01 → 2026-05-31
Filed2026-08-28
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 140
MetricValuePeriodScopeSource row
Revenue¥1.6bn2025-06-01 → 2026-05-31Cons.Net sales
Revenue¥2.1bn2024-06-01 → 2025-05-31Cons.Net sales
Revenue¥2.0bn2023-06-01 → 2024-05-31vCons.Net sales (5-year summary)
Revenue¥3.5bn2022-06-01 → 2023-05-31vCons.Net sales (5-year summary)
Revenue¥3.0bn2021-06-01 → 2022-05-31vCons.Net sales (5-year summary)
Operating income−¥144m2025-06-01 → 2026-05-31Cons.Operating income
Operating income¥12m2024-06-01 → 2025-05-31Cons.Operating income
Ordinary income−¥161m2025-06-01 → 2026-05-31Cons.Ordinary income
Ordinary income−¥18m2024-06-01 → 2025-05-31Cons.Ordinary income
Ordinary income−¥222m2023-06-01 → 2024-05-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥515m2022-06-01 → 2023-05-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥470m2021-06-01 → 2022-05-31vCons.Ordinary income loss (5-year summary)
Profit before tax−¥207m2025-06-01 → 2026-05-31Cons.Income before income taxes
Profit before tax−¥147m2024-06-01 → 2025-05-31Cons.Income before income taxes
Net income (owners)−¥237m2025-06-01 → 2026-05-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥142m2024-06-01 → 2025-05-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥1.0bn2023-06-01 → 2024-05-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥305m2022-06-01 → 2023-05-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥194m2021-06-01 → 2022-05-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income−¥237m2025-06-01 → 2026-05-31Cons.Profit loss
Net income−¥142m2024-06-01 → 2025-05-31Cons.Profit loss
Total assets¥3.5bnat 2026-05-31Cons.Assets
Total assets¥3.3bnat 2025-05-31Cons.Assets
Total assets¥4.2bnat 2024-05-31vCons.Total assets (5-year summary)
Total assets¥5.0bnat 2023-05-31vCons.Total assets (5-year summary)
Total assets¥4.4bnat 2022-05-31vCons.Total assets (5-year summary)
Total liabilities¥1.4bnat 2026-05-31Cons.Liabilities
Total liabilities¥965mat 2025-05-31Cons.Liabilities
Net assets / equity¥2.1bnat 2026-05-31Cons.Net assets
Net assets / equity¥2.3bnat 2025-05-31Cons.Net assets
Net assets / equity¥2.4bnat 2024-05-31vCons.Net assets
Net assets / equity¥3.2bnat 2023-05-31vCons.Net assets (5-year summary)
Net assets / equity¥2.8bnat 2022-05-31vCons.Net assets (5-year summary)
Cash and deposits¥1.0bnat 2026-05-31Cons.Cash and deposits
Cash and deposits¥1.2bnat 2025-05-31Cons.Cash and deposits
Cash & equivalents¥1.0bnat 2026-05-31Cons.Cash and cash equivalents
Cash & equivalents¥1.2bnat 2025-05-31Cons.Cash and cash equivalents
Cash & equivalents¥1.3bnat 2024-05-31vCons.Cash and cash equivalents
Cash & equivalents¥2.3bnat 2023-05-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥1.2bnat 2022-05-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow−¥161m2025-06-01 → 2026-05-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥211m2024-06-01 → 2025-05-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥810m2023-06-01 → 2024-05-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.2bn2022-06-01 → 2023-05-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥136m2021-06-01 → 2022-05-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥14m2025-06-01 → 2026-05-31Cons.Net cash provided by used in investment activities
Investing cash flow¥23m2024-06-01 → 2025-05-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥251m2023-06-01 → 2024-05-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow¥222m2022-06-01 → 2023-05-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow¥43m2021-06-01 → 2022-05-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥38m2025-06-01 → 2026-05-31Cons.Net cash provided by used in financing activities
Financing cash flow¥68m2024-06-01 → 2025-05-31Cons.Net cash provided by used in financing activities
Financing cash flow¥144m2023-06-01 → 2024-05-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥312m2022-06-01 → 2023-05-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥315m2021-06-01 → 2022-05-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥-21.512025-06-01 → 2026-05-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-13.242024-06-01 → 2025-05-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-98.842023-06-01 → 2024-05-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥30.62022-06-01 → 2023-05-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥21.662021-06-01 → 2022-05-31vCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥28.62022-06-01 → 2023-05-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥21.522021-06-01 → 2022-05-31vCons.Diluted earnings per share (5-year summary)
Net assets per share¥191.19at 2026-05-31Cons.Net assets per share (5-year summary)
Net assets per share¥212.72at 2025-05-31Cons.Net assets per share (5-year summary)
Net assets per share¥223.3at 2024-05-31vCons.Net assets per share (5-year summary)
Net assets per share¥319.49at 2023-05-31vCons.Net assets per share (5-year summary)
Net assets per share¥284.76at 2022-05-31vCons.Net assets per share (5-year summary)
Equity ratio59.6%at 2026-05-31Cons.Equity to asset ratio (5-year summary)
Equity ratio70.7%at 2025-05-31Cons.Equity to asset ratio (5-year summary)
Equity ratio56.6%at 2024-05-31vCons.Equity to asset ratio (5-year summary)
Equity ratio64.7%at 2023-05-31vCons.Equity to asset ratio (5-year summary)
Equity ratio62.9%at 2022-05-31vCons.Equity to asset ratio (5-year summary)
ROE10.2%2022-06-01 → 2023-05-31vCons.Rate of return on equity (5-year summary)
ROE9.2%2021-06-01 → 2022-05-31vCons.Rate of return on equity (5-year summary)
Employees36at 2026-05-31Cons.Number of employees
Employees40at 2025-05-31Cons.Number of employees
Employees47at 2024-05-31vCons.Number of employees
Employees42at 2023-05-31vCons.Number of employees
Employees46at 2022-05-31vCons.Number of employees
Revenue¥330m2025-06-01 → 2026-05-31StandaloneNet sales
Revenue¥425m2024-06-01 → 2025-05-31StandaloneNet sales
Revenue¥626m2023-06-01 → 2024-05-31vStandaloneNet sales (5-year summary)
Revenue¥718m2022-06-01 → 2023-05-31vStandaloneNet sales (5-year summary)
Revenue¥477m2021-06-01 → 2022-05-31vStandaloneNet sales (5-year summary)
Operating income−¥145m2025-06-01 → 2026-05-31StandaloneOperating income
Operating income¥23m2024-06-01 → 2025-05-31StandaloneOperating income
Ordinary income−¥235m2025-06-01 → 2026-05-31StandaloneOrdinary income
Ordinary income−¥21m2024-06-01 → 2025-05-31StandaloneOrdinary income
Ordinary income¥94m2023-06-01 → 2024-05-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥24m2022-06-01 → 2023-05-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥71m2021-06-01 → 2022-05-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax−¥269m2025-06-01 → 2026-05-31StandaloneIncome before income taxes
Profit before tax−¥127m2024-06-01 → 2025-05-31StandaloneIncome before income taxes
Net income−¥270m2025-06-01 → 2026-05-31StandaloneProfit loss
Net income−¥128m2024-06-01 → 2025-05-31StandaloneProfit loss
Net income−¥795m2023-06-01 → 2024-05-31vStandaloneNet income loss (5-year summary)
Net income¥29m2022-06-01 → 2023-05-31vStandaloneNet income loss (5-year summary)
Net income−¥69m2021-06-01 → 2022-05-31vStandaloneNet income loss (5-year summary)
Total assets¥2.0bnat 2026-05-31StandaloneAssets
Total assets¥2.3bnat 2025-05-31StandaloneAssets
Total assets¥2.5bnat 2024-05-31vStandaloneTotal assets (5-year summary)
Total assets¥3.1bnat 2023-05-31vStandaloneTotal assets (5-year summary)
Total assets¥2.9bnat 2022-05-31vStandaloneTotal assets (5-year summary)
Total liabilities¥76mat 2026-05-31StandaloneLiabilities
Total liabilities¥119mat 2025-05-31StandaloneLiabilities
Net assets / equity¥1.9bnat 2026-05-31StandaloneNet assets
Net assets / equity¥2.2bnat 2025-05-31StandaloneNet assets
Net assets / equity¥2.2bnat 2024-05-31vStandaloneNet assets
Net assets / equity¥2.8bnat 2023-05-31vStandaloneNet assets (5-year summary)
Net assets / equity¥2.7bnat 2022-05-31vStandaloneNet assets (5-year summary)
Cash and deposits¥82mat 2026-05-31StandaloneCash and deposits
Cash and deposits¥437mat 2025-05-31StandaloneCash and deposits
EPS (basic)¥-24.482025-06-01 → 2026-05-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-11.872024-06-01 → 2025-05-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-77.772023-06-01 → 2024-05-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥2.872022-06-01 → 2023-05-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-7.652021-06-01 → 2022-05-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥2.692022-06-01 → 2023-05-31vStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥72023-06-01 → 2024-05-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥174.56at 2026-05-31StandaloneNet assets per share (5-year summary)
Net assets per share¥199.06at 2025-05-31StandaloneNet assets per share (5-year summary)
Net assets per share¥206at 2024-05-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥280.01at 2023-05-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥273.11at 2022-05-31vStandaloneNet assets per share (5-year summary)
Equity ratio96.0%at 2026-05-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio94.7%at 2025-05-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio89.3%at 2024-05-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio90.6%at 2023-05-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio91.8%at 2022-05-31vStandaloneEquity to asset ratio (5-year summary)
ROE1.1%2022-06-01 → 2023-05-31vStandaloneRate of return on equity (5-year summary)
Shares issued11,017,818at 2026-05-31StandaloneTotal number of issued shares (5-year summary)
Shares issued11,017,818at 2025-05-31StandaloneTotal number of issued shares (5-year summary)
Shares issued10,736,118at 2024-05-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued10,066,518at 2023-05-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued9,651,518at 2022-05-31vStandaloneTotal number of issued shares (5-year summary)
Employees10at 2026-05-31StandaloneNumber of employees
Employees8at 2025-05-31StandaloneNumber of employees
Employees7at 2024-05-31vStandaloneNumber of employees
Employees6at 2023-05-31vStandaloneNumber of employees
Employees6at 2022-05-31vStandaloneNumber 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.

Segments · 36
SegmentItemPeriodValue
Reconciling Itemsreconcilingsegment profit2025-06-01 → 2026-05-31−¥173m
Auction Related Businessreportable segmentcapex2025-06-01 → 2026-05-31¥13m
Auction Related Businessreportable segmentdepreciation2025-06-01 → 2026-05-31¥39m
Auction Related Businessreportable segmentrevenue2025-06-01 → 2026-05-31¥1.6bn
Auction Related Businessreportable segmentrevenue external2025-06-01 → 2026-05-31¥1.6bn
Auction Related Businessreportable segmentsegment assetsat 2026-05-31¥3.4bn
Auction Related Businessreportable segmentsegment profit2025-06-01 → 2026-05-31¥29m
Energy Related Businessreportable segmentdepreciation2025-06-01 → 2026-05-31¥20m
Energy Related Businessreportable segmentrevenue2025-06-01 → 2026-05-31¥24m
Energy Related Businessreportable segmentrevenue external2025-06-01 → 2026-05-31¥24m
Energy Related Businessreportable segmentsegment assetsat 2026-05-31¥158m
Energy Related Businessreportable segmentsegment profit2025-06-01 → 2026-05-31−¥747,000
Total Of Reportable Segments And Otherssegment totalcapex2025-06-01 → 2026-05-31¥13m
Total Of Reportable Segments And Otherssegment totaldepreciation2025-06-01 → 2026-05-31¥59m
Total Of Reportable Segments And Otherssegment totalrevenue2025-06-01 → 2026-05-31¥1.6bn
Total Of Reportable Segments And Otherssegment totalrevenue external2025-06-01 → 2026-05-31¥1.6bn
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2026-05-31¥3.5bn
Total Of Reportable Segments And Otherssegment totalsegment profit2025-06-01 → 2026-05-31¥29m
Reconciling Itemsreconcilingsegment profit2024-06-01 → 2025-05-31−¥167m
Auction Related Businessreportable segmentcapex2024-06-01 → 2025-05-31¥17m
Auction Related Businessreportable segmentdepreciation2024-06-01 → 2025-05-31¥46m
Auction Related Businessreportable segmentrevenue2024-06-01 → 2025-05-31¥2.0bn
Auction Related Businessreportable segmentrevenue external2024-06-01 → 2025-05-31¥2.0bn
Auction Related Businessreportable segmentsegment assetsat 2025-05-31¥3.1bn
Auction Related Businessreportable segmentsegment profit2024-06-01 → 2025-05-31¥194m
Energy Related Businessreportable segmentdepreciation2024-06-01 → 2025-05-31¥16m
Energy Related Businessreportable segmentrevenue2024-06-01 → 2025-05-31¥31m
Energy Related Businessreportable segmentrevenue external2024-06-01 → 2025-05-31¥31m
Energy Related Businessreportable segmentsegment assetsat 2025-05-31¥180m
Energy Related Businessreportable segmentsegment profit2024-06-01 → 2025-05-31−¥15m
Total Of Reportable Segments And Otherssegment totalcapex2024-06-01 → 2025-05-31¥17m
Total Of Reportable Segments And Otherssegment totaldepreciation2024-06-01 → 2025-05-31¥62m
Total Of Reportable Segments And Otherssegment totalrevenue2024-06-01 → 2025-05-31¥2.1bn
Total Of Reportable Segments And Otherssegment totalrevenue external2024-06-01 → 2025-05-31¥2.1bn
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2025-05-31¥3.3bn
Total Of Reportable Segments And Otherssegment totalsegment profit2024-06-01 → 2025-05-31¥179m

Segment names come from EDINET member IDs; not yet mapped to a common taxonomy.

All source rows · 1,378
ItemContextValueUnit
Names of major unconsolidated subsidiaries and reasons for exclusion from scope of consolidation (text)CurrentYearDurationText · Plus
Number of unconsolidated subsidiaries and associates accounted for using equity method and names of major entities accounted for using equity method (text)CurrentYearDurationText · Plus
Names of major unconsolidated subsidiaries and associates and reasons for not being accounted for using equity method (text)CurrentYearDurationText · Plus
Disclosure about fiscal years etc of consolidated subsidiaries (text)CurrentYearDurationText · Plus
Disclosure of accounting policies (text)CurrentYearDurationText · Plus
Significant accounting estimates consolidated financial statements (text)CurrentYearDurationText · Plus
Notes new accounting standards not yet applied consolidated financial statements (text)CurrentYearDurationText · Plus
Notes changes in presentation consolidated financial statements (text)CurrentYearDurationText · Plus
Notes regarding shares and bonds etc of unconsolidated subsidiaries and associates (text)CurrentYearInstantText · Plus
Notes regarding pledged assets (text)CurrentYearInstantText · Plus
Notes regarding amount of contract liabilities (text)CurrentYearInstantText · Plus
Notes regarding amount of revenue from contracts with customers (text)CurrentYearDurationText · Plus
Major components of selling general and administrative expenses (text)CurrentYearDurationText · Plus
Notes regarding gain on sales of property plant and equipment (text)CurrentYearDurationText · Plus
Notes regarding impairment loss (text)CurrentYearDurationText · Plus
Notes regarding loss on disposal of property plant and equipment (text)CurrentYearDurationText · Plus
Notes regarding write downs of inventories (text)CurrentYearDurationText · Plus
Notes regarding loss on litigation (text)CurrentYearDurationText · Plus
Notes regarding reclassification adjustments income taxes and tax effects relating to other comprehensive income (text)CurrentYearDurationText · Plus
Notes regarding issued shares and treasury shares (text)Prior1YearDurationText · Plus
Notes regarding new share subscription rights etc (text)Prior1YearDurationText · Plus
Notes regarding dividend (text)Prior1YearDurationText · Plus
Notes regarding issued shares and treasury shares (text)CurrentYearDurationText · Plus
Notes regarding new share subscription rights etc (text)CurrentYearDurationText · Plus
Notes regarding dividend (text)CurrentYearDurationText · Plus
Reconciliation of ending balance of cash and cash equivalents with account balances per balance sheet (text)CurrentYearDurationText · Plus
Major components of assets and liabilities of consolidated subsidiary disposed of by sales of shares during reporting period (text)CurrentYearDurationText · Plus
Notes leases consolidated financial statements (text)CurrentYearDurationText · Plus
Notes financial instruments consolidated financial statements (text)CurrentYearDurationText · Plus
Notes securities consolidated financial statements (text)CurrentYearDurationText · Plus
Notes derivatives consolidated financial statements (text)CurrentYearDurationText · Plus
Notes retirement benefits consolidated financial statements (text)CurrentYearDurationText · Plus
Notes share options etc consolidated financial statements (text)CurrentYearDurationText · Plus
Notes tax effect accounting consolidated financial statements (text)CurrentYearDurationText · Plus
Notes revenue recognition consolidated financial statements (text)CurrentYearDurationText · Plus
Notes segment information etc consolidated financial statements (text)CurrentYearDurationText · Plus
Description of reportable segments (text)CurrentYearDurationText · Plus
Explanation of measurements of sales profit loss asset liability and other items for each reportable segment (text)CurrentYearDurationText · Plus
Footnotes regarding segment information table (text)Prior1YearDurationText · Plus
Footnotes regarding segment information table (text)CurrentYearDurationText · Plus
Information for each product or service (text)Prior1YearDurationText · Plus
Revenues from external customers information for each region (text)Prior1YearDurationText · Plus
Property plant and equipment information for each region (text)Prior1YearDurationText · Plus
Information for each of main customers (text)Prior1YearDurationText · Plus
Information for each product or service (text)CurrentYearDurationText · Plus
Revenues from external customers information for each region (text)CurrentYearDurationText · Plus
Property plant and equipment information for each region (text)CurrentYearDurationText · Plus
Information for each of main customers (text)CurrentYearDurationText · Plus
Notes related parties consolidated financial statements (text)CurrentYearDurationText · Plus
Notes per share information consolidated financial statements (text)CurrentYearDurationText · Plus

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 · 24 of 24 passed
balance sheet identityconsolidated 2025-05-31pass rounding
balance sheet identityconsolidated 2026-05-31pass
balance sheet identitynon_consolidated 2025-05-31pass
balance sheet identitynon_consolidated 2026-05-31pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2024-05-31pass
statement vs summary · net assetsconsolidated 2025-05-31pass
statement vs summary · net assetsconsolidated 2026-05-31pass
statement vs summary · net assetsnon_consolidated 2024-05-31pass
statement vs summary · net assetsnon_consolidated 2025-05-31pass
statement vs summary · net assetsnon_consolidated 2026-05-31pass
statement vs summary · net income attributable to parentconsolidated 2024-06-01/2025-05-31pass
statement vs summary · net income attributable to parentconsolidated 2025-06-01/2026-05-31pass
statement vs summary · operating cash flowconsolidated 2024-06-01/2025-05-31pass
statement vs summary · operating cash flowconsolidated 2025-06-01/2026-05-31pass
statement vs summary · revenueconsolidated 2024-06-01/2025-05-31pass
statement vs summary · revenueconsolidated 2025-06-01/2026-05-31pass
statement vs summary · revenuenon_consolidated 2024-06-01/2025-05-31pass
statement vs summary · revenuenon_consolidated 2025-06-01/2026-05-31pass
statement vs summary · total assetsconsolidated 2025-05-31pass
statement vs summary · total assetsconsolidated 2026-05-31pass
statement vs summary · total assetsnon_consolidated 2025-05-31pass
statement vs summary · total assetsnon_consolidated 2026-05-31pass