Annual report

Period2025-03-01 → 2026-02-28
Filed2026-05-25
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 148
MetricValuePeriodScopeSource row
Revenue¥378.6bn2025-03-01 → 2026-02-28Cons.Net sales
Revenue¥372.2bn2024-03-01 → 2025-02-28Cons.Net sales
Revenue¥344.2bn2023-03-01 → 2024-02-29vCons.Net sales (5-year summary)
Revenue¥290.1bn2022-03-01 → 2023-02-28vCons.Net sales (5-year summary)
Revenue¥243.9bn2021-03-01 → 2022-02-28vCons.Net sales (5-year summary)
Operating income¥63.3bn2025-03-01 → 2026-02-28Cons.Operating income
Operating income¥62.5bn2024-03-01 → 2025-02-28Cons.Operating income
Ordinary income¥67.2bn2025-03-01 → 2026-02-28Cons.Ordinary income
Ordinary income¥64.6bn2024-03-01 → 2025-02-28Cons.Ordinary income
Ordinary income¥57.8bn2023-03-01 → 2024-02-29vCons.Ordinary income loss (5-year summary)
Ordinary income¥43.4bn2022-03-01 → 2023-02-28vCons.Ordinary income loss (5-year summary)
Ordinary income¥28.3bn2021-03-01 → 2022-02-28vCons.Ordinary income loss (5-year summary)
Profit before tax¥66.2bn2025-03-01 → 2026-02-28Cons.Income before income taxes
Profit before tax¥64.6bn2024-03-01 → 2025-02-28Cons.Income before income taxes
Net income (owners)¥46.3bn2025-03-01 → 2026-02-28Cons.Profit loss attributable to owners of parent
Net income (owners)¥45.4bn2024-03-01 → 2025-02-28Cons.Profit loss attributable to owners of parent
Net income (owners)¥40.0bn2023-03-01 → 2024-02-29vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥30.3bn2022-03-01 → 2023-02-28vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥17.4bn2021-03-01 → 2022-02-28vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥46.5bn2025-03-01 → 2026-02-28Cons.Profit loss
Net income¥45.5bn2024-03-01 → 2025-02-28Cons.Profit loss
Total assets¥455.2bnat 2026-02-28Cons.Assets
Total assets¥418.7bnat 2025-02-28Cons.Assets
Total assets¥387.3bnat 2024-02-29vCons.Total assets (5-year summary)
Total assets¥355.9bnat 2023-02-28vCons.Total assets (5-year summary)
Total assets¥317.7bnat 2022-02-28vCons.Total assets (5-year summary)
Total liabilities¥54.2bnat 2026-02-28Cons.Liabilities
Total liabilities¥49.0bnat 2025-02-28Cons.Liabilities
Net assets / equity¥401.0bnat 2026-02-28Cons.Net assets
Net assets / equity¥369.7bnat 2025-02-28Cons.Net assets
Net assets / equity¥341.7bnat 2024-02-29vCons.Net assets
Net assets / equity¥311.0bnat 2023-02-28vCons.Net assets (5-year summary)
Net assets / equity¥284.9bnat 2022-02-28vCons.Net assets (5-year summary)
Cash and deposits¥200.7bnat 2026-02-28Cons.Cash and deposits
Cash and deposits¥195.7bnat 2025-02-28Cons.Cash and deposits
Cash & equivalents¥207.2bnat 2026-02-28Cons.Cash and cash equivalents
Cash & equivalents¥197.6bnat 2025-02-28Cons.Cash and cash equivalents
Cash & equivalents¥172.8bnat 2024-02-29vCons.Cash and cash equivalents
Cash & equivalents¥148.2bnat 2023-02-28vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥151.8bnat 2022-02-28vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥41.8bn2025-03-01 → 2026-02-28Cons.Net cash provided by used in operating activities
Operating cash flow¥56.1bn2024-03-01 → 2025-02-28Cons.Net cash provided by used in operating activities
Operating cash flow¥51.2bn2023-03-01 → 2024-02-29vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥10.9bn2022-03-01 → 2023-02-28vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥25.2bn2021-03-01 → 2022-02-28vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥15.4bn2025-03-01 → 2026-02-28Cons.Net cash provided by used in investment activities
Investing cash flow−¥15.1bn2024-03-01 → 2025-02-28Cons.Net cash provided by used in investment activities
Investing cash flow−¥11.4bn2023-03-01 → 2024-02-29vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥9.0bn2022-03-01 → 2023-02-28vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥7.5bn2021-03-01 → 2022-02-28vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥18.4bn2025-03-01 → 2026-02-28Cons.Net cash provided by used in financing activities
Financing cash flow−¥17.1bn2024-03-01 → 2025-02-28Cons.Net cash provided by used in financing activities
Financing cash flow−¥18.6bn2023-03-01 → 2024-02-29vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥9.4bn2022-03-01 → 2023-02-28vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥13.9bn2021-03-01 → 2022-02-28vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥187.172025-03-01 → 2026-02-28Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥183.182024-03-01 → 2025-02-28Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥161.582023-03-01 → 2024-02-29vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥122.192022-03-01 → 2023-02-28vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥210.62021-03-01 → 2022-02-28vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥1,607.64at 2026-02-28Cons.Net assets per share (5-year summary)
Net assets per share¥1,483.45at 2025-02-28Cons.Net assets per share (5-year summary)
Net assets per share¥1,370.85at 2024-02-29vCons.Net assets per share (5-year summary)
Net assets per share¥1,248.28at 2023-02-28vCons.Net assets per share (5-year summary)
Net assets per share¥3,432.3at 2022-02-28vCons.Net assets per share (5-year summary)
Equity ratio87.5%at 2026-02-28Cons.Equity to asset ratio (5-year summary)
Equity ratio87.7%at 2025-02-28Cons.Equity to asset ratio (5-year summary)
Equity ratio87.6%at 2024-02-29vCons.Equity to asset ratio (5-year summary)
Equity ratio86.9%at 2023-02-28vCons.Equity to asset ratio (5-year summary)
Equity ratio89.2%at 2022-02-28vCons.Equity to asset ratio (5-year summary)
ROE12.1%2025-03-01 → 2026-02-28Cons.Rate of return on equity (5-year summary)
ROE12.8%2024-03-01 → 2025-02-28Cons.Rate of return on equity (5-year summary)
ROE12.3%2023-03-01 → 2024-02-29vCons.Rate of return on equity (5-year summary)
ROE10.2%2022-03-01 → 2023-02-28vCons.Rate of return on equity (5-year summary)
ROE6.2%2021-03-01 → 2022-02-28vCons.Rate of return on equity (5-year summary)
Employees9,101at 2026-02-28Cons.Number of employees
Employees9,075at 2025-02-28Cons.Number of employees
Employees6,261at 2024-02-29vCons.Number of employees
Employees6,120at 2023-02-28vCons.Number of employees
Employees5,974at 2022-02-28vCons.Number of employees
Revenue¥264.0bn2025-03-01 → 2026-02-28StandaloneNet sales
Revenue¥251.3bn2024-03-01 → 2025-02-28StandaloneNet sales
Revenue¥231.6bn2023-03-01 → 2024-02-29vStandaloneNet sales (5-year summary)
Revenue¥198.0bn2022-03-01 → 2023-02-28vStandaloneNet sales (5-year summary)
Revenue¥169.8bn2021-03-01 → 2022-02-28vStandaloneNet sales (5-year summary)
Operating income¥56.0bn2025-03-01 → 2026-02-28StandaloneOperating income
Operating income¥52.7bn2024-03-01 → 2025-02-28StandaloneOperating income
Ordinary income¥59.7bn2025-03-01 → 2026-02-28StandaloneOrdinary income
Ordinary income¥54.5bn2024-03-01 → 2025-02-28StandaloneOrdinary income
Ordinary income¥48.2bn2023-03-01 → 2024-02-29vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥36.1bn2022-03-01 → 2023-02-28vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥26.3bn2021-03-01 → 2022-02-28vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥59.0bn2025-03-01 → 2026-02-28StandaloneIncome before income taxes
Profit before tax¥54.6bn2024-03-01 → 2025-02-28StandaloneIncome before income taxes
Net income¥41.3bn2025-03-01 → 2026-02-28StandaloneProfit loss
Net income¥37.9bn2024-03-01 → 2025-02-28StandaloneProfit loss
Net income¥32.9bn2023-03-01 → 2024-02-29vStandaloneNet income loss (5-year summary)
Net income¥24.5bn2022-03-01 → 2023-02-28vStandaloneNet income loss (5-year summary)
Net income¥16.5bn2021-03-01 → 2022-02-28vStandaloneNet income loss (5-year summary)
Total assets¥368.4bnat 2026-02-28StandaloneAssets
Total assets¥339.4bnat 2025-02-28StandaloneAssets
Total assets¥317.7bnat 2024-02-29vStandaloneTotal assets (5-year summary)
Total assets¥297.2bnat 2023-02-28vStandaloneTotal assets (5-year summary)
Total assets¥273.0bnat 2022-02-28vStandaloneTotal assets (5-year summary)
Total liabilities¥41.9bnat 2026-02-28StandaloneLiabilities
Total liabilities¥37.4bnat 2025-02-28StandaloneLiabilities
Net assets / equity¥326.6bnat 2026-02-28StandaloneNet assets
Net assets / equity¥301.9bnat 2025-02-28StandaloneNet assets
Net assets / equity¥282.6bnat 2024-02-29vStandaloneNet assets
Net assets / equity¥262.6bnat 2023-02-28vStandaloneNet assets (5-year summary)
Net assets / equity¥248.1bnat 2022-02-28vStandaloneNet assets (5-year summary)
Cash and deposits¥169.5bnat 2026-02-28StandaloneCash and deposits
Cash and deposits¥161.7bnat 2025-02-28StandaloneCash and deposits
EPS (basic)¥166.642025-03-01 → 2026-02-28StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥152.912024-03-01 → 2025-02-28StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥132.862023-03-01 → 2024-02-29vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥98.822022-03-01 → 2023-02-28vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥199.332021-03-01 → 2022-02-28vStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥752025-03-01 → 2026-02-28StandaloneDividend paid per share (5-year summary)
Dividend per share¥702024-03-01 → 2025-02-28StandaloneDividend paid per share (5-year summary)
Dividend per share¥65.332023-03-01 → 2024-02-29vStandaloneDividend paid per share (5-year summary)
Dividend per share¥56.672022-03-01 → 2023-02-28vStandaloneDividend paid per share (5-year summary)
Dividend per share¥1702021-03-01 → 2022-02-28vStandaloneDividend paid per share (5-year summary)
Net assets per share¥1,318.78at 2026-02-28StandaloneNet assets per share (5-year summary)
Net assets per share¥1,219.38at 2025-02-28StandaloneNet assets per share (5-year summary)
Net assets per share¥1,141.4at 2024-02-29vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,060.71at 2023-02-28vStandaloneNet assets per share (5-year summary)
Net assets per share¥3,006.38at 2022-02-28vStandaloneNet assets per share (5-year summary)
Equity ratio88.6%at 2026-02-28StandaloneEquity to asset ratio (5-year summary)
Equity ratio89.0%at 2025-02-28StandaloneEquity to asset ratio (5-year summary)
Equity ratio89.0%at 2024-02-29vStandaloneEquity to asset ratio (5-year summary)
Equity ratio88.4%at 2023-02-28vStandaloneEquity to asset ratio (5-year summary)
Equity ratio90.9%at 2022-02-28vStandaloneEquity to asset ratio (5-year summary)
ROE13.1%2025-03-01 → 2026-02-28StandaloneRate of return on equity (5-year summary)
ROE13.0%2024-03-01 → 2025-02-28StandaloneRate of return on equity (5-year summary)
ROE12.1%2023-03-01 → 2024-02-29vStandaloneRate of return on equity (5-year summary)
ROE9.6%2022-03-01 → 2023-02-28vStandaloneRate of return on equity (5-year summary)
ROE6.7%2021-03-01 → 2022-02-28vStandaloneRate of return on equity (5-year summary)
Shares issued247,618,938at 2026-02-28StandaloneTotal number of issued shares (5-year summary)
Shares issued247,618,938at 2025-02-28StandaloneTotal number of issued shares (5-year summary)
Shares issued247,618,938at 2024-02-29vStandaloneTotal number of issued shares (5-year summary)
Shares issued82,539,646at 2023-02-28vStandaloneTotal number of issued shares (5-year summary)
Shares issued82,539,646at 2022-02-28vStandaloneTotal number of issued shares (5-year summary)
Employees3,977at 2026-02-28StandaloneNumber of employees
Employees3,911at 2025-02-28StandaloneNumber of employees
Employees3,859at 2024-02-29vStandaloneNumber of employees
Employees3,814at 2023-02-28vStandaloneNumber of employees
Employees3,856at 2022-02-28vStandaloneNumber 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 · 52
SegmentItemPeriodValue
Reconciling Itemsreconcilingrevenue2025-03-01 → 2026-02-28−¥5.9bn
Reconciling Itemsreconcilingrevenue intersegment2025-03-01 → 2026-02-28−¥5.9bn
Reconciling Itemsreconcilingsegment assetsat 2026-02-28−¥2.1bn
Reconciling Itemsreconcilingsegment profit2025-03-01 → 2026-02-28−¥185m
Domesticreportable segmentcapex2025-03-01 → 2026-02-28¥5.6bn
Domesticreportable segmentdepreciation2025-03-01 → 2026-02-28¥3.7bn
Domesticreportable segmentemployeesat 2026-02-284167 pure
Domesticreportable segmentrevenue2025-03-01 → 2026-02-28¥273.2bn
Domesticreportable segmentrevenue external2025-03-01 → 2026-02-28¥272.1bn
Domesticreportable segmentrevenue intersegment2025-03-01 → 2026-02-28¥1.1bn
Domesticreportable segmentsegment assetsat 2026-02-28¥335.0bn
Domesticreportable segmentsegment profit2025-03-01 → 2026-02-28¥56.4bn
Overseasreportable segmentcapex2025-03-01 → 2026-02-28¥8.9bn
Overseasreportable segmentdepreciation2025-03-01 → 2026-02-28¥2.6bn
Overseasreportable segmentemployeesat 2026-02-284934 pure
Overseasreportable segmentrevenue2025-03-01 → 2026-02-28¥111.4bn
Overseasreportable segmentrevenue external2025-03-01 → 2026-02-28¥106.5bn
Overseasreportable segmentrevenue intersegment2025-03-01 → 2026-02-28¥4.8bn
Overseasreportable segmentsegment assetsat 2026-02-28¥122.3bn
Overseasreportable segmentsegment profit2025-03-01 → 2026-02-28¥7.0bn
—segment totalcapex2025-03-01 → 2026-02-28¥14.5bn
—segment totaldepreciation2025-03-01 → 2026-02-28¥6.4bn
—segment totalrevenue2025-03-01 → 2026-02-28¥384.5bn
—segment totalrevenue external2025-03-01 → 2026-02-28¥378.6bn
—segment totalrevenue intersegment2025-03-01 → 2026-02-28¥5.9bn
—segment totalsegment assetsat 2026-02-28¥457.3bn
—segment totalsegment profit2025-03-01 → 2026-02-28¥63.5bn
Reconciling Itemsreconcilingrevenue2024-03-01 → 2025-02-28−¥3.5bn
Reconciling Itemsreconcilingrevenue intersegment2024-03-01 → 2025-02-28−¥3.5bn
Reconciling Itemsreconcilingsegment assetsat 2025-02-28−¥1.5bn
Reconciling Itemsreconcilingsegment profit2024-03-01 → 2025-02-28−¥17m
Domesticreportable segmentcapex2024-03-01 → 2025-02-28¥4.7bn
Domesticreportable segmentdepreciation2024-03-01 → 2025-02-28¥3.6bn
Domesticreportable segmentrevenue2024-03-01 → 2025-02-28¥259.1bn
Domesticreportable segmentrevenue external2024-03-01 → 2025-02-28¥258.0bn
Domesticreportable segmentrevenue intersegment2024-03-01 → 2025-02-28¥1.1bn
Domesticreportable segmentsegment assetsat 2025-02-28¥306.2bn
Domesticreportable segmentsegment profit2024-03-01 → 2025-02-28¥53.1bn
Overseasreportable segmentcapex2024-03-01 → 2025-02-28¥6.2bn
Overseasreportable segmentdepreciation2024-03-01 → 2025-02-28¥2.7bn
Overseasreportable segmentrevenue2024-03-01 → 2025-02-28¥116.6bn
Overseasreportable segmentrevenue external2024-03-01 → 2025-02-28¥114.2bn
Overseasreportable segmentrevenue intersegment2024-03-01 → 2025-02-28¥2.4bn
Overseasreportable segmentsegment assetsat 2025-02-28¥114.0bn
Overseasreportable segmentsegment profit2024-03-01 → 2025-02-28¥9.5bn
—segment totalcapex2024-03-01 → 2025-02-28¥10.9bn
—segment totaldepreciation2024-03-01 → 2025-02-28¥6.3bn
—segment totalrevenue2024-03-01 → 2025-02-28¥375.7bn
—segment totalrevenue external2024-03-01 → 2025-02-28¥372.2bn
—segment totalrevenue intersegment2024-03-01 → 2025-02-28¥3.5bn
—segment totalsegment assetsat 2025-02-28¥420.3bn
—segment totalsegment profit2024-03-01 → 2025-02-28¥62.6bn

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

All source rows · 1,489
ItemContextValueUnit
Notes and accounts payable tradeCurrentYearInstant16233000000JPY
Electronically recorded obligations operating clPrior1YearInstant98000000JPY
Electronically recorded obligations operating clCurrentYearInstant9416000000JPY
Short term loans payablePrior1YearInstant2020000000JPY
Short term loans payableCurrentYearInstant1222000000JPY
Income taxes payablePrior1YearInstant10375000000JPY
Income taxes payableCurrentYearInstant10856000000JPY
Contract liabilitiesPrior1YearInstant1002000000JPY
Contract liabilitiesCurrentYearInstant1063000000JPY
Provision for bonusesPrior1YearInstant1217000000JPY
Provision for bonusesCurrentYearInstant1303000000JPY
Provision clPrior1YearInstant315000000JPY
Provision clCurrentYearInstant315000000JPY
Asset retirement obligations clPrior1YearInstant172000000JPY
Asset retirement obligations clCurrentYearInstant111000000JPY
Notes payable facilitiesPrior1YearInstant809000000JPY
Notes payable facilitiesCurrentYearInstant312000000JPY
Electronically recorded obligations facilities clPrior1YearInstant-JPY
Electronically recorded obligations facilities clCurrentYearInstant444000000JPY
Other clPrior1YearInstant10902000000JPY
Other clCurrentYearInstant11060000000JPY
Current liabilitiesPrior1YearInstant47333000000JPY
Current liabilitiesCurrentYearInstant52341000000JPY
Net defined benefit liabilityPrior1YearInstant3000000JPY
Net defined benefit liabilityCurrentYearInstant9000000JPY
Asset retirement obligations nclPrior1YearInstant640000000JPY
Asset retirement obligations nclCurrentYearInstant755000000JPY
Other nclPrior1YearInstant999000000JPY
Other nclCurrentYearInstant1096000000JPY
Noncurrent liabilitiesPrior1YearInstant1643000000JPY
Noncurrent liabilitiesCurrentYearInstant1860000000JPY
LiabilitiesPrior1YearInstant48977000000JPY
LiabilitiesCurrentYearInstant54201000000JPY
Capital stockPrior1YearInstant19972000000JPY
Capital stockCurrentYearInstant19972000000JPY
Capital surplusPrior1YearInstant24114000000JPY
Capital surplusCurrentYearInstant24114000000JPY
Retained earningsPrior1YearInstant297854000000JPY
Retained earningsCurrentYearInstant326373000000JPY
Treasury stockPrior1YearInstant-4000000JPY
Treasury stockCurrentYearInstant-4000000JPY
Shareholders equityPrior1YearInstant341938000000JPY
Shareholders equityCurrentYearInstant370456000000JPY
Valuation difference on available for sale securitiesPrior1YearInstant5954000000JPY
Valuation difference on available for sale securitiesCurrentYearInstant7131000000JPY
Foreign currency translation adjustmentPrior1YearInstant19434000000JPY
Foreign currency translation adjustmentCurrentYearInstant20490000000JPY
Valuation and translation adjustmentsPrior1YearInstant25389000000JPY
Valuation and translation adjustmentsCurrentYearInstant27622000000JPY
Non controlling interestsPrior1YearInstant2420000000JPY

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 2025-02-28pass rounding
balance sheet identityconsolidated 2026-02-28pass rounding
balance sheet identitynon_consolidated 2025-02-28pass
balance sheet identitynon_consolidated 2026-02-28pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2024-02-29pass
statement vs summary · net assetsconsolidated 2025-02-28pass
statement vs summary · net assetsconsolidated 2026-02-28pass
statement vs summary · net assetsnon_consolidated 2024-02-29pass
statement vs summary · net assetsnon_consolidated 2025-02-28pass
statement vs summary · net assetsnon_consolidated 2026-02-28pass
statement vs summary · net income attributable to parentconsolidated 2024-03-01/2025-02-28pass
statement vs summary · net income attributable to parentconsolidated 2025-03-01/2026-02-28pass
statement vs summary · operating cash flowconsolidated 2024-03-01/2025-02-28pass
statement vs summary · operating cash flowconsolidated 2025-03-01/2026-02-28pass
statement vs summary · revenueconsolidated 2024-03-01/2025-02-28pass
statement vs summary · revenueconsolidated 2025-03-01/2026-02-28pass
statement vs summary · revenuenon_consolidated 2024-03-01/2025-02-28pass
statement vs summary · revenuenon_consolidated 2025-03-01/2026-02-28pass
statement vs summary · total assetsconsolidated 2025-02-28pass
statement vs summary · total assetsconsolidated 2026-02-28pass
statement vs summary · total assetsnon_consolidated 2025-02-28pass
statement vs summary · total assetsnon_consolidated 2026-02-28pass