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
Number of employeesPrior1YearInstant_NonConsolidatedMember8
Number of employeesCurrentYearInstant_NonConsolidatedMember10
Average number of temporary workersPrior4YearInstant_NonConsolidatedMember-
Average number of temporary workersPrior3YearInstant_NonConsolidatedMember-
Average number of temporary workersPrior2YearInstant_NonConsolidatedMember-
Average number of temporary workersPrior1YearInstant_NonConsolidatedMember-
Average number of temporary workersCurrentYearInstant_NonConsolidatedMember-
Total shareholder returnPrior4YearInstant_NonConsolidatedMember1.492
Total shareholder returnPrior3YearInstant_NonConsolidatedMember1.322
Total shareholder returnPrior2YearInstant_NonConsolidatedMember1.324
Total shareholder returnPrior1YearInstant_NonConsolidatedMember0.780
Total shareholder returnCurrentYearInstant_NonConsolidatedMember0.985
Total return on share price indexPrior4YearInstant_NonConsolidatedMember2.423
Total return on share price indexPrior3YearInstant_NonConsolidatedMember2.668
Total return on share price indexPrior2YearInstant_NonConsolidatedMember3.093
Total return on share price indexPrior1YearInstant_NonConsolidatedMember3.341
Total return on share price indexCurrentYearInstant_NonConsolidatedMember4.141
Capital expenditures overview of capital expenditures etcCurrentYearDuration13261000JPY
Number of issued shares as of fiscal year end issued shares total number of shares etcFilingDateInstant_OrdinaryShareMember11017818
Number of issued shares as of filing date issued shares total number of shares etcFilingDateInstant_OrdinaryShareMember11017818
Number of issued shares as of fiscal year end issued shares total number of shares etcFilingDateInstant11017818
Number of issued shares as of filing date issued shares total number of shares etcFilingDateInstant11017818
Number of shares constituting one unitCurrentYearInstant_OrdinaryShareMember100
Number of shareholders national and local governmentsCurrentYearInstant_OrdinaryShareMember-
Number of shareholders financial institutionsCurrentYearInstant_OrdinaryShareMember1
Number of shareholders financial service providersCurrentYearInstant_OrdinaryShareMember15
Number of shareholders other corporationsCurrentYearInstant_OrdinaryShareMember36
Number of shareholders foreign investors other than individualsCurrentYearInstant_OrdinaryShareMember17
Number of shareholders foreign individual investorsCurrentYearInstant_OrdinaryShareMember13
Number of shareholders individuals and othersCurrentYearInstant_OrdinaryShareMember3250
Number of shareholders totalCurrentYearInstant_OrdinaryShareMember3332
Number of shares held number of units national and local governmentsCurrentYearInstant_OrdinaryShareMember-
Number of shares held number of units financial institutionsCurrentYearInstant_OrdinaryShareMember595
Number of shares held number of units financial service providersCurrentYearInstant_OrdinaryShareMember32822
Number of shares held number of units other corporationsCurrentYearInstant_OrdinaryShareMember43982
Number of shares held number of units foreign investors other than individualsCurrentYearInstant_OrdinaryShareMember4866
Number of shares held number of units foreign individual investorsCurrentYearInstant_OrdinaryShareMember209
Number of shares held number of units individuals and othersCurrentYearInstant_OrdinaryShareMember27654
Number of shares held number of units totalCurrentYearInstant_OrdinaryShareMember110128
Number of shares held shares less than one unitCurrentYearInstant_OrdinaryShareMember5018
Percentage of shareholdings national and local governmentsCurrentYearInstant_OrdinaryShareMember-
Percentage of shareholdings financial institutionsCurrentYearInstant_OrdinaryShareMember0.0054
Percentage of shareholdings financial service providersCurrentYearInstant_OrdinaryShareMember0.2980
Percentage of shareholdings other corporationsCurrentYearInstant_OrdinaryShareMember0.3994
Percentage of shareholdings foreigners other than individualsCurrentYearInstant_OrdinaryShareMember0.0442
Percentage of shareholdings foreign individualsCurrentYearInstant_OrdinaryShareMember0.0019
Percentage of shareholdings individuals and othersCurrentYearInstant_OrdinaryShareMember0.2511
Number of shares heldCurrentYearInstant_No1MajorShareholdersMember3669019
Shareholding ratioCurrentYearInstant_No1MajorShareholdersMember0.3330
Number of shares heldCurrentYearInstant_No2MajorShareholdersMember1462900

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