Annual report

Period2025-02-21 → 2026-02-20

Filed2026-05-13

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 145

Metric	Value	Period	Scope	Source row
Revenue	¥14.1bn	2025-02-21 → 2026-02-20	Cons.	Net sales
Revenue	¥15.0bn	2024-02-21 → 2025-02-20	Cons.	Net sales
Revenue	¥15.9bn	2023-02-21 → 2024-02-20^v	Cons.	Net sales (5-year summary)
Revenue	¥17.5bn	2022-02-21 → 2023-02-20^v	Cons.	Net sales (5-year summary)
Revenue	¥17.9bn	2021-02-21 → 2022-02-20^d	Cons.	Net sales (5-year summary)
Operating income	¥190m	2025-02-21 → 2026-02-20	Cons.	Operating income
Operating income	¥215m	2024-02-21 → 2025-02-20	Cons.	Operating income
Ordinary income	¥178m	2025-02-21 → 2026-02-20	Cons.	Ordinary income
Ordinary income	¥163m	2024-02-21 → 2025-02-20	Cons.	Ordinary income
Ordinary income	¥336m	2023-02-21 → 2024-02-20^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥580m	2022-02-21 → 2023-02-20^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	−¥675m	2021-02-21 → 2022-02-20^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥49m	2025-02-21 → 2026-02-20	Cons.	Income before income taxes
Profit before tax	−¥39m	2024-02-21 → 2025-02-20	Cons.	Income before income taxes
Net income (owners)	¥21m	2025-02-21 → 2026-02-20	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥48m	2024-02-21 → 2025-02-20	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥412m	2023-02-21 → 2024-02-20^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥562m	2022-02-21 → 2023-02-20^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	−¥1.4bn	2021-02-21 → 2022-02-20^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥21m	2025-02-21 → 2026-02-20	Cons.	Profit loss
Net income	−¥48m	2024-02-21 → 2025-02-20	Cons.	Profit loss
Total assets	¥6.2bn	at 2026-02-20	Cons.	Assets
Total assets	¥7.0bn	at 2025-02-20	Cons.	Assets
Total assets	¥8.4bn	at 2024-02-20^v	Cons.	Total assets (5-year summary)
Total assets	¥8.8bn	at 2023-02-20^v	Cons.	Total assets (5-year summary)
Total assets	¥9.2bn	at 2022-02-20^d	Cons.	Total assets (5-year summary)
Total liabilities	¥4.7bn	at 2026-02-20	Cons.	Liabilities
Total liabilities	¥5.4bn	at 2025-02-20	Cons.	Liabilities
Net assets / equity	¥1.6bn	at 2026-02-20	Cons.	Net assets
Net assets / equity	¥1.6bn	at 2025-02-20	Cons.	Net assets
Net assets / equity	¥1.6bn	at 2024-02-20^v	Cons.	Net assets
Net assets / equity	¥1.2bn	at 2023-02-20^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥418m	at 2022-02-20^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥1.3bn	at 2026-02-20	Cons.	Cash and deposits
Cash and deposits	¥2.0bn	at 2025-02-20	Cons.	Cash and deposits
Cash & equivalents	¥1.3bn	at 2026-02-20	Cons.	Cash and cash equivalents
Cash & equivalents	¥2.0bn	at 2025-02-20	Cons.	Cash and cash equivalents
Cash & equivalents	¥2.9bn	at 2024-02-20^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥3.0bn	at 2023-02-20^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥2.2bn	at 2022-02-20^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	−¥124m	2025-02-21 → 2026-02-20	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥363m	2024-02-21 → 2025-02-20	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥566m	2023-02-21 → 2024-02-20^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥207m	2022-02-21 → 2023-02-20^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥159m	2021-02-21 → 2022-02-20^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥333m	2025-02-21 → 2026-02-20	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥219m	2024-02-21 → 2025-02-20	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥81m	2023-02-21 → 2024-02-20^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	¥363m	2022-02-21 → 2023-02-20^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	¥107m	2021-02-21 → 2022-02-20^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥311m	2025-02-21 → 2026-02-20	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥1.0bn	2024-02-21 → 2025-02-20	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥585m	2023-02-21 → 2024-02-20^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥265m	2022-02-21 → 2023-02-20^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥125m	2021-02-21 → 2022-02-20^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥1.78	2025-02-21 → 2026-02-20	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-3.96	2024-02-21 → 2025-02-20	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥34.24	2023-02-21 → 2024-02-20^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥46.82	2022-02-21 → 2023-02-20^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-116.88	2021-02-21 → 2022-02-20^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥1.47	2025-02-21 → 2026-02-20	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥28.36	2023-02-21 → 2024-02-20^v	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥41.13	2022-02-21 → 2023-02-20^v	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥107.59	at 2026-02-20	Cons.	Net assets per share (5-year summary)
Net assets per share	¥107.07	at 2025-02-20	Cons.	Net assets per share (5-year summary)
Net assets per share	¥112.24	at 2024-02-20^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥79.22	at 2023-02-20^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥32.07	at 2022-02-20^d	Cons.	Net assets per share (5-year summary)
Equity ratio	25.2%	at 2026-02-20	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	22.4%	at 2025-02-20	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	19.3%	at 2024-02-20^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	14.1%	at 2023-02-20^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	4.2%	at 2022-02-20^d	Cons.	Equity to asset ratio (5-year summary)
ROE	1.4%	2025-02-21 → 2026-02-20	Cons.	Rate of return on equity (5-year summary)
ROE	28.8%	2023-02-21 → 2024-02-20^v	Cons.	Rate of return on equity (5-year summary)
ROE	69.6%	2022-02-21 → 2023-02-20^v	Cons.	Rate of return on equity (5-year summary)
Employees	118	at 2026-02-20	Cons.	Number of employees
Employees	127	at 2025-02-20	Cons.	Number of employees
Employees	135	at 2024-02-20^v	Cons.	Number of employees
Employees	135	at 2023-02-20^v	Cons.	Number of employees
Employees	154	at 2022-02-20^d	Cons.	Number of employees
Revenue	¥2.7bn	2025-02-21 → 2026-02-20	Standalone	Operating revenue2
Revenue	¥3.0bn	2024-02-21 → 2025-02-20	Standalone	Operating revenue2
Revenue	¥3.2bn	2023-02-21 → 2024-02-20^v	Standalone	Operating revenue2 (5-year summary)
Revenue	¥3.7bn	2022-02-21 → 2023-02-20^v	Standalone	Operating revenue2 (5-year summary)
Revenue	¥3.9bn	2021-02-21 → 2022-02-20^d	Standalone	Operating revenue2 (5-year summary)
Operating income	¥258m	2025-02-21 → 2026-02-20	Standalone	Operating income
Operating income	¥379m	2024-02-21 → 2025-02-20	Standalone	Operating income
Ordinary income	¥235m	2025-02-21 → 2026-02-20	Standalone	Ordinary income
Ordinary income	¥13m	2024-02-21 → 2025-02-20	Standalone	Ordinary income
Ordinary income	¥381m	2023-02-21 → 2024-02-20^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥566m	2022-02-21 → 2023-02-20^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥998m	2021-02-21 → 2022-02-20^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥46m	2025-02-21 → 2026-02-20	Standalone	Income before income taxes
Profit before tax	−¥2m	2024-02-21 → 2025-02-20	Standalone	Income before income taxes
Net income	¥21m	2025-02-21 → 2026-02-20	Standalone	Profit loss
Net income	−¥44m	2024-02-21 → 2025-02-20	Standalone	Profit loss
Net income	¥416m	2023-02-21 → 2024-02-20^v	Standalone	Net income loss (5-year summary)
Net income	¥593m	2022-02-21 → 2023-02-20^v	Standalone	Net income loss (5-year summary)
Net income	−¥3.4bn	2021-02-21 → 2022-02-20^d	Standalone	Net income loss (5-year summary)
Total assets	¥5.6bn	at 2026-02-20	Standalone	Assets
Total assets	¥5.9bn	at 2025-02-20	Standalone	Assets
Total assets	¥7.2bn	at 2024-02-20^v	Standalone	Total assets (5-year summary)
Total assets	¥7.1bn	at 2023-02-20^v	Standalone	Total assets (5-year summary)
Total assets	¥7.4bn	at 2022-02-20^d	Standalone	Total assets (5-year summary)
Total liabilities	¥4.0bn	at 2026-02-20	Standalone	Liabilities
Total liabilities	¥4.3bn	at 2025-02-20	Standalone	Liabilities
Net assets / equity	¥1.6bn	at 2026-02-20	Standalone	Net assets
Net assets / equity	¥1.6bn	at 2025-02-20	Standalone	Net assets
Net assets / equity	¥1.7bn	at 2024-02-20^v	Standalone	Net assets
Net assets / equity	¥1.3bn	at 2023-02-20^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥398m	at 2022-02-20^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥746m	at 2026-02-20	Standalone	Cash and deposits
Cash and deposits	¥1.5bn	at 2025-02-20	Standalone	Cash and deposits
EPS (basic)	¥1.77	2025-02-21 → 2026-02-20	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-3.64	2024-02-21 → 2025-02-20	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥34.57	2023-02-21 → 2024-02-20^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥49.43	2022-02-21 → 2023-02-20^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-286.35	2021-02-21 → 2022-02-20^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥1.47	2025-02-21 → 2026-02-20	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥28.63	2023-02-21 → 2024-02-20^v	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥43.43	2022-02-21 → 2023-02-20^v	Standalone	Diluted earnings per share (5-year summary)
Net assets per share	¥109.18	at 2026-02-20	Standalone	Net assets per share (5-year summary)
Net assets per share	¥108.66	at 2025-02-20	Standalone	Net assets per share (5-year summary)
Net assets per share	¥113.52	at 2024-02-20^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥80.16	at 2023-02-20^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥30.4	at 2022-02-20^d	Standalone	Net assets per share (5-year summary)
Equity ratio	28.6%	at 2026-02-20	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	26.9%	at 2025-02-20	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	22.8%	at 2024-02-20^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	17.5%	at 2023-02-20^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	4.9%	at 2022-02-20^d	Standalone	Equity to asset ratio (5-year summary)
ROE	1.3%	2025-02-21 → 2026-02-20	Standalone	Rate of return on equity (5-year summary)
ROE	28.8%	2023-02-21 → 2024-02-20^v	Standalone	Rate of return on equity (5-year summary)
ROE	73.9%	2022-02-21 → 2023-02-20^v	Standalone	Rate of return on equity (5-year summary)
Shares issued	12,051,384	at 2026-02-20	Standalone	Total number of issued shares (5-year summary)
Shares issued	12,051,384	at 2025-02-20	Standalone	Total number of issued shares (5-year summary)
Shares issued	12,051,384	at 2024-02-20^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	12,051,384	at 2023-02-20^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	12,051,384	at 2022-02-20^d	Standalone	Total number of issued shares (5-year summary)
Employees	20	at 2026-02-20	Standalone	Number of employees
Employees	20	at 2025-02-20	Standalone	Number of employees
Employees	18	at 2024-02-20^v	Standalone	Number of employees
Employees	15	at 2023-02-20^v	Standalone	Number of employees
Employees	15	at 2022-02-20^d	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.

Segments · 2

Segment	Item	Period	Value
CONSOLDATEDTOTALORCOMPANYWIDETOTALreportable segment	employees	at 2026-02-20	118 pure
Retail Businessreportable segment	employees	at 2026-02-20	96 pure

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

All source rows · 1,364

Item	Context	Value	Unit
Other noe	CurrentYearDuration_NonConsolidatedMember	22000	JPY
Non operating expenses	Prior1YearDuration_NonConsolidatedMember	370949000	JPY
Non operating expenses	CurrentYearDuration_NonConsolidatedMember	25852000	JPY
Ordinary income	Prior1YearDuration_NonConsolidatedMember	12599000	JPY
Ordinary income	CurrentYearDuration_NonConsolidatedMember	234645000	JPY
Compensation income ei	Prior1YearDuration_NonConsolidatedMember	24754000	JPY
Compensation income ei	CurrentYearDuration_NonConsolidatedMember	－	JPY
Reversal of provision for loss on business of subsidiaries and affiliates ei	Prior1YearDuration_NonConsolidatedMember	171192000	JPY
Reversal of provision for loss on business of subsidiaries and affiliates ei	CurrentYearDuration_NonConsolidatedMember	－	JPY
Other ei	Prior1YearDuration_NonConsolidatedMember	1805000	JPY
Other ei	CurrentYearDuration_NonConsolidatedMember	－	JPY
Extraordinary income	Prior1YearDuration_NonConsolidatedMember	197751000	JPY
Extraordinary income	CurrentYearDuration_NonConsolidatedMember	－	JPY
Loss on disposal of noncurrent assets el	Prior1YearDuration_NonConsolidatedMember	21376000	JPY
Loss on disposal of noncurrent assets el	CurrentYearDuration_NonConsolidatedMember	35402000	JPY
Impairment loss el	Prior1YearDuration_NonConsolidatedMember	187093000	JPY
Impairment loss el	CurrentYearDuration_NonConsolidatedMember	86832000	JPY
Provision for loss on business of subsidiaries and affiliates el	Prior1YearDuration_NonConsolidatedMember	－	JPY
Provision for loss on business of subsidiaries and affiliates el	CurrentYearDuration_NonConsolidatedMember	65347000	JPY
Loss on sales of investment securities el	Prior1YearDuration_NonConsolidatedMember	－	JPY
Loss on sales of investment securities el	CurrentYearDuration_NonConsolidatedMember	562000	JPY
Other el	Prior1YearDuration_NonConsolidatedMember	3710000	JPY
Other el	CurrentYearDuration_NonConsolidatedMember	－	JPY
Extraordinary loss	Prior1YearDuration_NonConsolidatedMember	212180000	JPY
Extraordinary loss	CurrentYearDuration_NonConsolidatedMember	188145000	JPY
Income before income taxes	Prior1YearDuration_NonConsolidatedMember	-1829000	JPY
Income before income taxes	CurrentYearDuration_NonConsolidatedMember	46499000	JPY
Income taxes current	Prior1YearDuration_NonConsolidatedMember	29707000	JPY
Income taxes current	CurrentYearDuration_NonConsolidatedMember	1248000	JPY
Income taxes deferred	Prior1YearDuration_NonConsolidatedMember	12268000	JPY
Income taxes deferred	CurrentYearDuration_NonConsolidatedMember	23965000	JPY
Income taxes	Prior1YearDuration_NonConsolidatedMember	41976000	JPY
Income taxes	CurrentYearDuration_NonConsolidatedMember	25214000	JPY
Profit loss	Prior1YearDuration_NonConsolidatedMember	-43805000	JPY
Profit loss	CurrentYearDuration_NonConsolidatedMember	21285000	JPY
Net assets	Prior2YearInstant_NonConsolidatedMember_CapitalStockMember	100000000	JPY
Net assets	Prior2YearInstant_NonConsolidatedMember_LegalCapitalSurplusMember	100000000	JPY
Net assets	Prior2YearInstant_NonConsolidatedMember_OtherCapitalSurplusMember	2134642000	JPY
Net assets	Prior2YearInstant_NonConsolidatedMember_CapitalSurplusMember	2234642000	JPY
Net assets	Prior2YearInstant_NonConsolidatedMember_RetainedEarningsBroughtForwardMember	-684733000	JPY
Net assets	Prior2YearInstant_NonConsolidatedMember_RetainedEarningsMember	-684733000	JPY
Dividends from surplusother capital surplus	Prior1YearDuration_NonConsolidatedMember_OtherCapitalSurplusMember	-14575000	JPY
Dividends from surplusother capital surplus	Prior1YearDuration_NonConsolidatedMember_CapitalSurplusMember	-14575000	JPY
Profit loss	Prior1YearDuration_NonConsolidatedMember_RetainedEarningsBroughtForwardMember	-43805000	JPY
Profit loss	Prior1YearDuration_NonConsolidatedMember_RetainedEarningsMember	-43805000	JPY
Total changes of items during the period	Prior1YearDuration_NonConsolidatedMember_CapitalStockMember	－	JPY
Total changes of items during the period	Prior1YearDuration_NonConsolidatedMember_LegalCapitalSurplusMember	－	JPY
Total changes of items during the period	Prior1YearDuration_NonConsolidatedMember_OtherCapitalSurplusMember	-14575000	JPY
Total changes of items during the period	Prior1YearDuration_NonConsolidatedMember_CapitalSurplusMember	-14575000	JPY
Total changes of items during the period	Prior1YearDuration_NonConsolidatedMember_RetainedEarningsBroughtForwardMember	-43805000	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 · 24 of 24 passed

balance sheet identity	consolidated 2025-02-20	pass rounding
balance sheet identity	consolidated 2026-02-20	pass
balance sheet identity	non_consolidated 2025-02-20	pass
balance sheet identity	non_consolidated 2026-02-20	pass rounding
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2024-02-20	pass
statement vs summary · net assets	consolidated 2025-02-20	pass
statement vs summary · net assets	consolidated 2026-02-20	pass
statement vs summary · net assets	non_consolidated 2024-02-20	pass
statement vs summary · net assets	non_consolidated 2025-02-20	pass
statement vs summary · net assets	non_consolidated 2026-02-20	pass
statement vs summary · net income attributable to parent	consolidated 2024-02-21/2025-02-20	pass
statement vs summary · net income attributable to parent	consolidated 2025-02-21/2026-02-20	pass
statement vs summary · operating cash flow	consolidated 2024-02-21/2025-02-20	pass
statement vs summary · operating cash flow	consolidated 2025-02-21/2026-02-20	pass
statement vs summary · revenue	consolidated 2024-02-21/2025-02-20	pass
statement vs summary · revenue	consolidated 2025-02-21/2026-02-20	pass
statement vs summary · revenue	non_consolidated 2024-02-21/2025-02-20	pass
statement vs summary · revenue	non_consolidated 2025-02-21/2026-02-20	pass
statement vs summary · total assets	consolidated 2025-02-20	pass
statement vs summary · total assets	consolidated 2026-02-20	pass
statement vs summary · total assets	non_consolidated 2025-02-20	pass
statement vs summary · total assets	non_consolidated 2026-02-20	pass