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
Net cash provided by used in financing activities (5-year summary)Prior1YearDuration67740000JPY
Net cash provided by used in financing activities (5-year summary)CurrentYearDuration-37883000JPY
Cash and cash equivalents (5-year summary)Prior4YearInstant1185586000JPY
Cash and cash equivalents (5-year summary)Prior3YearInstant2273123000JPY
Cash and cash equivalents (5-year summary)Prior2YearInstant1341996000JPY
Cash and cash equivalents (5-year summary)Prior1YearInstant1221441000JPY
Cash and cash equivalents (5-year summary)CurrentYearInstant1008874000JPY
Number of employeesPrior4YearInstant46
Number of employeesPrior3YearInstant42
Number of employeesPrior2YearInstant47
Number of employeesPrior1YearInstant40
Number of employeesCurrentYearInstant36
Average number of temporary workersPrior4YearInstant16
Average number of temporary workersPrior3YearInstant21
Average number of temporary workersPrior2YearInstant21
Average number of temporary workersPrior1YearInstant20
Average number of temporary workersCurrentYearInstant21
Net sales (5-year summary)Prior4YearDuration_NonConsolidatedMember477147000JPY
Net sales (5-year summary)Prior3YearDuration_NonConsolidatedMember717722000JPY
Net sales (5-year summary)Prior2YearDuration_NonConsolidatedMember625553000JPY
Net sales (5-year summary)Prior1YearDuration_NonConsolidatedMember425115000JPY
Net sales (5-year summary)CurrentYearDuration_NonConsolidatedMember330315000JPY
Ordinary income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember70917000JPY
Ordinary income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember23575000JPY
Ordinary income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember93558000JPY
Ordinary income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember-21076000JPY
Ordinary income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember-234903000JPY
Net income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember-68542000JPY
Net income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember28655000JPY
Net income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember-795142000JPY
Net income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember-127624000JPY
Net income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember-269662000JPY
Capital stock (5-year summary)Prior4YearInstant_NonConsolidatedMember1594264000JPY
Capital stock (5-year summary)Prior3YearInstant_NonConsolidatedMember1674567000JPY
Capital stock (5-year summary)Prior2YearInstant_NonConsolidatedMember165577000JPY
Capital stock (5-year summary)Prior1YearInstant_NonConsolidatedMember220086000JPY
Capital stock (5-year summary)CurrentYearInstant_NonConsolidatedMember220086000JPY
Total number of issued shares (5-year summary)Prior4YearInstant_NonConsolidatedMember9651518
Total number of issued shares (5-year summary)Prior3YearInstant_NonConsolidatedMember10066518
Total number of issued shares (5-year summary)Prior2YearInstant_NonConsolidatedMember10736118
Total number of issued shares (5-year summary)Prior1YearInstant_NonConsolidatedMember11017818
Total number of issued shares (5-year summary)CurrentYearInstant_NonConsolidatedMember11017818
Net assets (5-year summary)Prior4YearInstant_NonConsolidatedMember2655650000JPY
Net assets (5-year summary)Prior3YearInstant_NonConsolidatedMember2833442000JPY
Net assets (5-year summary)Prior2YearInstant_NonConsolidatedMember2219413000JPY
Net assets (5-year summary)Prior1YearInstant_NonConsolidatedMember2197260000JPY
Net assets (5-year summary)CurrentYearInstant_NonConsolidatedMember1927328000JPY
Total assets (5-year summary)Prior4YearInstant_NonConsolidatedMember2871009000JPY
Total assets (5-year summary)Prior3YearInstant_NonConsolidatedMember3109894000JPY
Total assets (5-year summary)Prior2YearInstant_NonConsolidatedMember2476746000JPY

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