Annual report

Period2025-03-01 → 2026-02-28
Filed2026-05-27
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 139
MetricValuePeriodScopeSource row
Revenue¥13.0bn2025-03-01 → 2026-02-28Cons.Net sales
Revenue¥12.1bn2024-03-01 → 2025-02-28Cons.Net sales
Revenue¥11.3bn2023-03-01 → 2024-02-29vCons.Net sales (5-year summary)
Revenue¥9.8bn2022-03-01 → 2023-02-28vCons.Net sales (5-year summary)
Revenue¥8.1bn2021-03-01 → 2022-02-28vCons.Net sales (5-year summary)
Operating income¥249m2025-03-01 → 2026-02-28Cons.Operating income
Operating income¥119m2024-03-01 → 2025-02-28Cons.Operating income
Ordinary income¥345m2025-03-01 → 2026-02-28Cons.Ordinary income
Ordinary income¥248m2024-03-01 → 2025-02-28Cons.Ordinary income
Ordinary income¥311m2023-03-01 → 2024-02-29vCons.Ordinary income loss (5-year summary)
Ordinary income¥147m2022-03-01 → 2023-02-28vCons.Ordinary income loss (5-year summary)
Ordinary income¥303m2021-03-01 → 2022-02-28vCons.Ordinary income loss (5-year summary)
Profit before tax¥265m2025-03-01 → 2026-02-28Cons.Income before income taxes
Profit before tax¥237m2024-03-01 → 2025-02-28Cons.Income before income taxes
Net income (owners)¥205m2025-03-01 → 2026-02-28Cons.Profit loss attributable to owners of parent
Net income (owners)¥261m2024-03-01 → 2025-02-28Cons.Profit loss attributable to owners of parent
Net income (owners)¥114m2023-03-01 → 2024-02-29vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥72m2022-03-01 → 2023-02-28vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥315m2021-03-01 → 2022-02-28vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥205m2025-03-01 → 2026-02-28Cons.Profit loss
Net income¥261m2024-03-01 → 2025-02-28Cons.Profit loss
Total assets¥5.1bnat 2026-02-28Cons.Assets
Total assets¥4.8bnat 2025-02-28Cons.Assets
Total assets¥4.7bnat 2024-02-29vCons.Total assets (5-year summary)
Total assets¥5.0bnat 2023-02-28vCons.Total assets (5-year summary)
Total assets¥4.9bnat 2022-02-28vCons.Total assets (5-year summary)
Total liabilities¥4.2bnat 2026-02-28Cons.Liabilities
Total liabilities¥4.1bnat 2025-02-28Cons.Liabilities
Net assets / equity¥884mat 2026-02-28Cons.Net assets
Net assets / equity¥678mat 2025-02-28Cons.Net assets
Net assets / equity¥418mat 2024-02-29vCons.Net assets
Net assets / equity¥304mat 2023-02-28vCons.Net assets (5-year summary)
Net assets / equity−¥94mat 2022-02-28vCons.Net assets (5-year summary)
Cash and deposits¥1.5bnat 2026-02-28Cons.Cash and deposits
Cash and deposits¥1.5bnat 2025-02-28Cons.Cash and deposits
Cash & equivalents¥1.5bnat 2026-02-28Cons.Cash and cash equivalents
Cash & equivalents¥1.5bnat 2025-02-28Cons.Cash and cash equivalents
Cash & equivalents¥1.8bnat 2024-02-29vCons.Cash and cash equivalents
Cash & equivalents¥2.0bnat 2023-02-28vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥1.8bnat 2022-02-28vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥506m2025-03-01 → 2026-02-28Cons.Net cash provided by used in operating activities
Operating cash flow¥290m2024-03-01 → 2025-02-28Cons.Net cash provided by used in operating activities
Operating cash flow¥392m2023-03-01 → 2024-02-29vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥471m2022-03-01 → 2023-02-28vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥1.1bn2021-03-01 → 2022-02-28vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥428m2025-03-01 → 2026-02-28Cons.Net cash provided by used in investment activities
Investing cash flow−¥317m2024-03-01 → 2025-02-28Cons.Net cash provided by used in investment activities
Investing cash flow−¥120m2023-03-01 → 2024-02-29vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥205m2022-03-01 → 2023-02-28vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥91m2021-03-01 → 2022-02-28vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥75m2025-03-01 → 2026-02-28Cons.Net cash provided by used in financing activities
Financing cash flow−¥232m2024-03-01 → 2025-02-28Cons.Net cash provided by used in financing activities
Financing cash flow−¥521m2023-03-01 → 2024-02-29vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥62m2022-03-01 → 2023-02-28vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥1.9bn2021-03-01 → 2022-02-28vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥62.232025-03-01 → 2026-02-28Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥79.032024-03-01 → 2025-02-28Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥34.532023-03-01 → 2024-02-29vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-23.772022-03-01 → 2023-02-28vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥106.112021-03-01 → 2022-02-28vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥267.91at 2026-02-28Cons.Net assets per share (5-year summary)
Net assets per share¥205.64at 2025-02-28Cons.Net assets per share (5-year summary)
Net assets per share¥126.61at 2024-02-29vCons.Net assets per share (5-year summary)
Net assets per share¥92.06at 2023-02-28vCons.Net assets per share (5-year summary)
Net assets per share¥-31.17at 2022-02-28vCons.Net assets per share (5-year summary)
Equity ratio17.4%at 2026-02-28Cons.Equity to asset ratio (5-year summary)
Equity ratio14.1%at 2025-02-28Cons.Equity to asset ratio (5-year summary)
Equity ratio8.9%at 2024-02-29vCons.Equity to asset ratio (5-year summary)
Equity ratio6.0%at 2023-02-28vCons.Equity to asset ratio (5-year summary)
Equity ratio-1.9%at 2022-02-28vCons.Equity to asset ratio (5-year summary)
ROE26.3%2025-03-01 → 2026-02-28Cons.Rate of return on equity (5-year summary)
ROE47.6%2024-03-01 → 2025-02-28Cons.Rate of return on equity (5-year summary)
ROE31.6%2023-03-01 → 2024-02-29vCons.Rate of return on equity (5-year summary)
Employees514at 2026-02-28Cons.Number of employees
Employees494at 2025-02-28Cons.Number of employees
Employees510at 2024-02-29vCons.Number of employees
Employees531at 2023-02-28vCons.Number of employees
Employees575at 2022-02-28vCons.Number of employees
Revenue¥13.0bn2025-03-01 → 2026-02-28StandaloneNet sales
Revenue¥12.1bn2024-03-01 → 2025-02-28StandaloneNet sales
Revenue¥11.3bn2023-03-01 → 2024-02-29vStandaloneNet sales (5-year summary)
Revenue¥9.8bn2022-03-01 → 2023-02-28vStandaloneNet sales (5-year summary)
Revenue¥8.1bn2021-03-01 → 2022-02-28vStandaloneNet sales (5-year summary)
Operating income¥250m2025-03-01 → 2026-02-28StandaloneOperating income
Operating income¥120m2024-03-01 → 2025-02-28StandaloneOperating income
Ordinary income¥288m2025-03-01 → 2026-02-28StandaloneOrdinary income
Ordinary income¥175m2024-03-01 → 2025-02-28StandaloneOrdinary income
Ordinary income¥240m2023-03-01 → 2024-02-29vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥90m2022-03-01 → 2023-02-28vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥276m2021-03-01 → 2022-02-28vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥208m2025-03-01 → 2026-02-28StandaloneIncome before income taxes
Profit before tax¥164m2024-03-01 → 2025-02-28StandaloneIncome before income taxes
Net income¥149m2025-03-01 → 2026-02-28StandaloneProfit loss
Net income¥190m2024-03-01 → 2025-02-28StandaloneProfit loss
Net income¥42m2023-03-01 → 2024-02-29vStandaloneNet income loss (5-year summary)
Net income−¥130m2022-03-01 → 2023-02-28vStandaloneNet income loss (5-year summary)
Net income¥287m2021-03-01 → 2022-02-28vStandaloneNet income loss (5-year summary)
Total assets¥4.9bnat 2026-02-28StandaloneAssets
Total assets¥4.7bnat 2025-02-28StandaloneAssets
Total assets¥4.6bnat 2024-02-29vStandaloneTotal assets (5-year summary)
Total assets¥5.0bnat 2023-02-28vStandaloneTotal assets (5-year summary)
Total assets¥4.9bnat 2022-02-28vStandaloneTotal assets (5-year summary)
Total liabilities¥4.2bnat 2026-02-28StandaloneLiabilities
Total liabilities¥4.1bnat 2025-02-28StandaloneLiabilities
Net assets / equity¥670mat 2026-02-28StandaloneNet assets
Net assets / equity¥521mat 2025-02-28StandaloneNet assets
Net assets / equity¥331mat 2024-02-29vStandaloneNet assets
Net assets / equity¥289mat 2023-02-28vStandaloneNet assets (5-year summary)
Net assets / equity−¥51mat 2022-02-28vStandaloneNet assets (5-year summary)
Cash and deposits¥1.5bnat 2026-02-28StandaloneCash and deposits
Cash and deposits¥1.5bnat 2025-02-28StandaloneCash and deposits
EPS (basic)¥45.062025-03-01 → 2026-02-28StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥57.462024-03-01 → 2025-02-28StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥12.812023-03-01 → 2024-02-29vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-42.732022-03-01 → 2023-02-28vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥96.972021-03-01 → 2022-02-28vStandaloneBasic earnings loss per share (5-year summary)
Net assets per share¥203.06at 2026-02-28StandaloneNet assets per share (5-year summary)
Net assets per share¥157.96at 2025-02-28StandaloneNet assets per share (5-year summary)
Net assets per share¥100.49at 2024-02-29vStandaloneNet assets per share (5-year summary)
Net assets per share¥87.67at 2023-02-28vStandaloneNet assets per share (5-year summary)
Net assets per share¥-17.21at 2022-02-28vStandaloneNet assets per share (5-year summary)
Equity ratio13.8%at 2026-02-28StandaloneEquity to asset ratio (5-year summary)
Equity ratio11.2%at 2025-02-28StandaloneEquity to asset ratio (5-year summary)
Equity ratio7.2%at 2024-02-29vStandaloneEquity to asset ratio (5-year summary)
Equity ratio5.8%at 2023-02-28vStandaloneEquity to asset ratio (5-year summary)
Equity ratio-1.0%at 2022-02-28vStandaloneEquity to asset ratio (5-year summary)
ROE25.0%2025-03-01 → 2026-02-28StandaloneRate of return on equity (5-year summary)
ROE44.5%2024-03-01 → 2025-02-28StandaloneRate of return on equity (5-year summary)
ROE13.6%2023-03-01 → 2024-02-29vStandaloneRate of return on equity (5-year summary)
Shares issued3,298,400at 2026-02-28StandaloneTotal number of issued shares (5-year summary)
Shares issued3,298,400at 2025-02-28StandaloneTotal number of issued shares (5-year summary)
Shares issued3,298,400at 2024-02-29vStandaloneTotal number of issued shares (5-year summary)
Shares issued3,298,400at 2023-02-28vStandaloneTotal number of issued shares (5-year summary)
Shares issued3,025,100at 2022-02-28vStandaloneTotal number of issued shares (5-year summary)
Employees514at 2026-02-28StandaloneNumber of employees
Employees494at 2025-02-28StandaloneNumber of employees
Employees510at 2024-02-29vStandaloneNumber of employees
Employees531at 2023-02-28vStandaloneNumber of employees
Employees575at 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 · 44
SegmentItemPeriodValue
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsdepreciation2025-03-01 → 2026-02-28¥1m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment profit2025-03-01 → 2026-02-28−¥2m
Reconciling Itemsreconcilingdepreciation2025-03-01 → 2026-02-28¥12m
Reconciling Itemsreconcilingsegment profit2025-03-01 → 2026-02-28−¥1.1bn
Casual Groupreportable segmentdepreciation2025-03-01 → 2026-02-28¥114m
Casual Groupreportable segmentemployeesat 2026-02-28277 pure
Casual Groupreportable segmentrevenue2025-03-01 → 2026-02-28¥7.7bn
Casual Groupreportable segmentrevenue external2025-03-01 → 2026-02-28¥7.7bn
Casual Groupreportable segmentsegment profit2025-03-01 → 2026-02-28¥861m
XEX Groupreportable segmentdepreciation2025-03-01 → 2026-02-28¥74m
XEX Groupreportable segmentemployeesat 2026-02-28203 pure
XEX Groupreportable segmentrevenue2025-03-01 → 2026-02-28¥5.4bn
XEX Groupreportable segmentrevenue external2025-03-01 → 2026-02-28¥5.4bn
XEX Groupreportable segmentsegment profit2025-03-01 → 2026-02-28¥534m
—segment totaldepreciation2025-03-01 → 2026-02-28¥188m
—segment totalrevenue2025-03-01 → 2026-02-28¥13.0bn
—segment totalrevenue external2025-03-01 → 2026-02-28¥13.0bn
—segment totalsegment profit2025-03-01 → 2026-02-28¥1.4bn
Total Of Reportable Segments And Otherssegment totaldepreciation2025-03-01 → 2026-02-28¥189m
Total Of Reportable Segments And Otherssegment totalrevenue2025-03-01 → 2026-02-28¥13.0bn
Total Of Reportable Segments And Otherssegment totalrevenue external2025-03-01 → 2026-02-28¥13.0bn
Total Of Reportable Segments And Otherssegment totalsegment profit2025-03-01 → 2026-02-28¥1.4bn
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsdepreciation2024-03-01 → 2025-02-28¥1m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment profit2024-03-01 → 2025-02-28−¥2m
Reconciling Itemsreconcilingdepreciation2024-03-01 → 2025-02-28¥12m
Reconciling Itemsreconcilingsegment profit2024-03-01 → 2025-02-28−¥1.0bn
Casual Groupreportable segmentdepreciation2024-03-01 → 2025-02-28¥94m
Casual Groupreportable segmentrevenue2024-03-01 → 2025-02-28¥7.2bn
Casual Groupreportable segmentrevenue external2024-03-01 → 2025-02-28¥7.2bn
Casual Groupreportable segmentsegment profit2024-03-01 → 2025-02-28¥722m
XEX Groupreportable segmentdepreciation2024-03-01 → 2025-02-28¥75m
XEX Groupreportable segmentrevenue2024-03-01 → 2025-02-28¥4.9bn
XEX Groupreportable segmentrevenue external2024-03-01 → 2025-02-28¥4.9bn
XEX Groupreportable segmentsegment profit2024-03-01 → 2025-02-28¥418m
—segment totaldepreciation2024-03-01 → 2025-02-28¥169m
—segment totalrevenue2024-03-01 → 2025-02-28¥12.1bn
—segment totalrevenue external2024-03-01 → 2025-02-28¥12.1bn
—segment totalsegment profit2024-03-01 → 2025-02-28¥1.1bn
Total Of Reportable Segments And Otherssegment totaldepreciation2024-03-01 → 2025-02-28¥170m
Total Of Reportable Segments And Otherssegment totalrevenue2024-03-01 → 2025-02-28¥12.1bn
Total Of Reportable Segments And Otherssegment totalrevenue external2024-03-01 → 2025-02-28¥12.1bn
Total Of Reportable Segments And Otherssegment totalsegment profit2024-03-01 → 2025-02-28¥1.1bn
Casual Groupreportable segmentemployeesat 2026-02-28277 pure
XEX Groupreportable segmentemployeesat 2026-02-28203 pure

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

All source rows · 1,397
ItemContextValueUnit
Comprehensive income (5-year summary)Prior1YearDuration260782000JPY
Comprehensive income (5-year summary)CurrentYearDuration205513000JPY
Net assets (5-year summary)Prior4YearInstant-94273000JPY
Net assets (5-year summary)Prior3YearInstant303632000JPY
Net assets (5-year summary)Prior2YearInstant417585000JPY
Net assets (5-year summary)Prior1YearInstant678235000JPY
Net assets (5-year summary)CurrentYearInstant883599000JPY
Total assets (5-year summary)Prior4YearInstant4905015000JPY
Total assets (5-year summary)Prior3YearInstant5020791000JPY
Total assets (5-year summary)Prior2YearInstant4715029000JPY
Total assets (5-year summary)Prior1YearInstant4824545000JPY
Total assets (5-year summary)CurrentYearInstant5082510000JPY
Net assets per share (5-year summary)Prior4YearInstant-31.17
Net assets per share (5-year summary)Prior3YearInstant92.06
Net assets per share (5-year summary)Prior2YearInstant126.61
Net assets per share (5-year summary)Prior1YearInstant205.64
Net assets per share (5-year summary)CurrentYearInstant267.91
Basic earnings loss per share (5-year summary)Prior4YearDuration106.11
Basic earnings loss per share (5-year summary)Prior3YearDuration-23.77
Basic earnings loss per share (5-year summary)Prior2YearDuration34.53
Basic earnings loss per share (5-year summary)Prior1YearDuration79.03
Basic earnings loss per share (5-year summary)CurrentYearDuration62.23
Diluted earnings per share (5-year summary)Prior4YearDuration-
Diluted earnings per share (5-year summary)Prior3YearDuration-
Diluted earnings per share (5-year summary)Prior2YearDuration-
Diluted earnings per share (5-year summary)Prior1YearDuration-
Diluted earnings per share (5-year summary)CurrentYearDuration-
Equity to asset ratio (5-year summary)Prior4YearInstant-0.019
Equity to asset ratio (5-year summary)Prior3YearInstant0.060
Equity to asset ratio (5-year summary)Prior2YearInstant0.089
Equity to asset ratio (5-year summary)Prior1YearInstant0.141
Equity to asset ratio (5-year summary)CurrentYearInstant0.174
Rate of return on equity (5-year summary)Prior4YearDuration-
Rate of return on equity (5-year summary)Prior3YearDuration-
Rate of return on equity (5-year summary)Prior2YearDuration0.316
Rate of return on equity (5-year summary)Prior1YearDuration0.476
Rate of return on equity (5-year summary)CurrentYearDuration0.263
Price earnings ratio (5-year summary)Prior4YearDuration17.2
Price earnings ratio (5-year summary)Prior3YearDuration-
Price earnings ratio (5-year summary)Prior2YearDuration78.5
Price earnings ratio (5-year summary)Prior1YearDuration36.0
Price earnings ratio (5-year summary)CurrentYearDuration46.8
Net cash provided by used in operating activities (5-year summary)Prior4YearDuration-1102029000JPY
Net cash provided by used in operating activities (5-year summary)Prior3YearDuration470679000JPY
Net cash provided by used in operating activities (5-year summary)Prior2YearDuration392309000JPY
Net cash provided by used in operating activities (5-year summary)Prior1YearDuration290046000JPY
Net cash provided by used in operating activities (5-year summary)CurrentYearDuration505780000JPY
Net cash provided by used in investing activities (5-year summary)Prior4YearDuration-91064000JPY
Net cash provided by used in investing activities (5-year summary)Prior3YearDuration-204989000JPY
Net cash provided by used in investing activities (5-year summary)Prior2YearDuration-120363000JPY

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 rounding
balance sheet identitynon_consolidated 2026-02-28pass
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