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
Number of shares issued shares voting rights	CurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember	－
Number of voting rights issued shares voting rights	CurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember	－
Number of shares issued shares voting rights	CurrentYearInstant_OrdinarySharesTreasurySharesSharesWithFullVotingRightsTreasurySharesEtcMember	59400
Number of shares issued shares voting rights	CurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsOtherMember	11916700
Number of voting rights issued shares voting rights	CurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsOtherMember	119167
Number of shares issued shares voting rights	CurrentYearInstant_OrdinarySharesSharesLessThanOneUnitMember	75284
Number of shares issued shares voting rights	CurrentYearInstant	12051649
Number of voting rights issued shares voting rights	CurrentYearInstant	119167
Number of shares held in own name treasury shares etc	CurrentYearInstant_Row1Member	59400
Number of shares held in others names treasury shares etc	CurrentYearInstant_Row1Member	－
Total number of shares held treasury shares etc	CurrentYearInstant_Row1Member	59400
Shareholding ratio treasury shares etc	CurrentYearInstant_Row1Member	0.0049
Number of shares held in own name treasury shares etc	CurrentYearInstant	59400
Number of shares held in others names treasury shares etc	CurrentYearInstant	－
Total number of shares held treasury shares etc	CurrentYearInstant	59400
Shareholding ratio treasury shares etc	CurrentYearInstant	0.0049
Total amount of dividends class a preferred shares dividends declared	FilingDateInstant_Row1Member	14575000	JPY
Number of male directors and other officers	FilingDateInstant	7
Number of female directors and other officers	FilingDateInstant	1
Ratio of female directors and other officers	FilingDateInstant	0.125
Number of shares held ordinary shares information about directors and corporate auditors	FilingDateInstant_jpcrp030000-asr_E03415-000KousaiMasahiroMember	34000
Number of shares held ordinary shares information about directors and corporate auditors	FilingDateInstant_jpcrp030000-asr_E03415-000MasudaYoshitakaMember	5000
Number of shares held ordinary shares information about directors and corporate auditors	FilingDateInstant_jpcrp030000-asr_E03415-000SasanoNobuyukiMember	4000
Number of shares held ordinary shares information about directors and corporate auditors	FilingDateInstant_jpcrp030000-asr_E03415-000NagataAkioMember	25000
Number of shares held ordinary shares information about directors and corporate auditors	FilingDateInstant_jpcrp030000-asr_E03415-000TamuraFumikoMember	－
Number of shares held ordinary shares information about directors and corporate auditors	FilingDateInstant_jpcrp030000-asr_E03415-000FukuiMasahiroMember	30000
Number of shares held ordinary shares information about directors and corporate auditors	FilingDateInstant_jpcrp030000-asr_E03415-000ImaedaTuyoshiMember	15000
Number of shares held ordinary shares information about directors and corporate auditors	FilingDateInstant_jpcrp030000-asr_E03415-000KawaguchiNaoyaMember	－
Number of shares held ordinary shares information about directors and corporate auditors	FilingDateInstant	116000
Number of male directors and other officers proposal	FilingDateInstant	7
Number of female directors and other officers proposal	FilingDateInstant	1
Ratio of female directors and other officers proposal	FilingDateInstant	0.125
Number of shares held ordinary shares information about directors and corporate auditors proposal	FilingDateInstant_jpcrp030000-asr_E03415-000KousaiMasahiroMember	34000
Number of shares held ordinary shares information about directors and corporate auditors proposal	FilingDateInstant_jpcrp030000-asr_E03415-000MasudaYoshitakaMember	5000
Number of shares held ordinary shares information about directors and corporate auditors proposal	FilingDateInstant_jpcrp030000-asr_E03415-000SasanoNobuyukiMember	4000
Number of shares held ordinary shares information about directors and corporate auditors proposal	FilingDateInstant_jpcrp030000-asr_E03415-000NagataAkioMember	25000
Number of shares held ordinary shares information about directors and corporate auditors proposal	FilingDateInstant_jpcrp030000-asr_E03415-000TamuraFumikoMember	－
Number of shares held ordinary shares information about directors and corporate auditors proposal	FilingDateInstant_jpcrp030000-asr_E03415-000FukuiMasahiroMember	30000
Number of shares held ordinary shares information about directors and corporate auditors proposal	FilingDateInstant_jpcrp030000-asr_E03415-000ImaedaTuyoshiMember	15000
Number of shares held ordinary shares information about directors and corporate auditors proposal	FilingDateInstant_jpcrp030000-asr_E03415-000KawaguchiNaoyaMember	－
Number of shares held ordinary shares information about directors and corporate auditors proposal	FilingDateInstant	116000
Audit fees reporting company	Prior1YearDuration	22000000	JPY
Non audit fees reporting company	Prior1YearDuration	－	JPY
Audit fees reporting company	CurrentYearDuration	22000000	JPY
Non audit fees reporting company	CurrentYearDuration	－	JPY
Audit fees consolidated subsidiaries	Prior1YearDuration	－	JPY
Non audit fees consolidated subsidiaries	Prior1YearDuration	－	JPY
Audit fees consolidated subsidiaries	CurrentYearDuration	－	JPY
Non audit fees consolidated subsidiaries	CurrentYearDuration	－	JPY
Audit fees total	Prior1YearDuration	22000000	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