Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-19
StandardIFRS
ConsolidatedYes
Data checks21 of 21 passed
Key figures · 135
MetricValuePeriodScopeSource row
Revenue¥122.8bn2025-04-01 → 2026-03-31Cons.Revenue IFRS
Revenue¥121.3bn2024-04-01 → 2025-03-31Cons.Revenue IFRS
Revenue¥126.7bn2023-04-01 → 2024-03-31dCons.Revenue IFRS (5-year summary)
Revenue¥139.3bn2022-04-01 → 2023-03-31dCons.Revenue IFRS (5-year summary)
Operating income¥6.5bn2025-04-01 → 2026-03-31Cons.Operating profit loss IFRS
Operating income¥5.9bn2024-04-01 → 2025-03-31Cons.Operating profit loss IFRS
Profit before tax¥6.0bn2025-04-01 → 2026-03-31Cons.Profit loss before tax IFRS
Profit before tax¥5.5bn2024-04-01 → 2025-03-31Cons.Profit loss before tax IFRS
Profit before tax¥1.2bn2023-04-01 → 2024-03-31dCons.Profit loss before tax IFRS (5-year summary)
Profit before tax¥4.1bn2022-04-01 → 2023-03-31dCons.Profit loss before tax IFRS (5-year summary)
Net income (owners)¥3.5bn2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥3.9bn2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥378m2023-04-01 → 2024-03-31dCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥2.6bn2022-04-01 → 2023-03-31dCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income¥3.6bn2025-04-01 → 2026-03-31Cons.Profit loss IFRS
Net income¥4.0bn2024-04-01 → 2025-03-31Cons.Profit loss IFRS
Total assets¥98.0bnat 2026-03-31Cons.Assets IFRS
Total assets¥95.8bnat 2025-03-31Cons.Assets IFRS
Total assets¥98.3bnat 2024-03-31dCons.Total assets IFRS (5-year summary)
Total assets¥101.8bnat 2023-03-31dCons.Total assets IFRS (5-year summary)
Total liabilities¥55.6bnat 2026-03-31Cons.Liabilities IFRS
Total liabilities¥56.2bnat 2025-03-31Cons.Liabilities IFRS
Net assets / equity¥42.4bnat 2026-03-31Cons.Equity IFRS
Net assets / equity¥39.6bnat 2025-03-31Cons.Equity IFRS
Net assets / equity¥35.3bnat 2024-03-31dCons.Equity IFRS
Equity (owners)¥41.1bnat 2026-03-31Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥38.4bnat 2025-03-31Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥34.1bnat 2024-03-31dCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥34.6bnat 2023-03-31dCons.Equity attributable to owners of parent IFRS (5-year summary)
Cash & equivalents¥17.3bnat 2026-03-31Cons.Cash and cash equivalents IFRS
Cash & equivalents¥15.5bnat 2025-03-31Cons.Cash and cash equivalents IFRS
Cash & equivalents¥15.1bnat 2024-03-31dCons.Cash and cash equivalents IFRS
Cash & equivalents¥10.2bnat 2023-03-31dCons.Cash and cash equivalents IFRS (5-year summary)
Operating cash flow¥9.7bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥7.0bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥10.4bn2023-04-01 → 2024-03-31dCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥7.0bn2022-04-01 → 2023-03-31dCons.Cash flows from used in operating activities IFRS (5-year summary)
Investing cash flow−¥2.0bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥3.5bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥143m2023-04-01 → 2024-03-31dCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow¥784m2022-04-01 → 2023-03-31dCons.Cash flows from used in investing activities IFRS (5-year summary)
Financing cash flow−¥6.4bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities IFRS
Financing cash flow−¥3.0bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities IFRS
Financing cash flow−¥5.9bn2023-04-01 → 2024-03-31dCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow−¥6.5bn2022-04-01 → 2023-03-31dCons.Cash flows from used in financing activities IFRS (5-year summary)
EPS (basic)¥82.952025-04-01 → 2026-03-31Cons.Basic earnings loss per share IFRS
EPS (basic)¥92.22024-04-01 → 2025-03-31Cons.Basic earnings loss per share IFRS
EPS (basic)¥8.72023-04-01 → 2024-03-31dCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥55.762022-04-01 → 2023-03-31dCons.Basic earnings loss per share IFRS (5-year summary)
EPS (diluted)¥82.362025-04-01 → 2026-03-31Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥92.042024-04-01 → 2025-03-31Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥8.72023-04-01 → 2024-03-31dCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥55.762022-04-01 → 2023-03-31dCons.Diluted earnings loss per share IFRS (5-year summary)
Net assets per share¥964.3at 2026-03-31Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥901.61at 2025-03-31Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥804.34at 2024-03-31dCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥740.32at 2023-03-31dCons.Equity to asset ratio IFRS (5-year summary)
Equity ratio42.0%at 2026-03-31Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio40.1%at 2025-03-31Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio34.7%at 2024-03-31dCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio34.0%at 2023-03-31dCons.Ratio of owners equity to gross assets IFRS (5-year summary)
ROE8.9%2025-04-01 → 2026-03-31Cons.Rate of return on equity IFRS (5-year summary)
ROE10.8%2024-04-01 → 2025-03-31Cons.Rate of return on equity IFRS (5-year summary)
ROE1.1%2023-04-01 → 2024-03-31dCons.Rate of return on equity IFRS (5-year summary)
ROE7.9%2022-04-01 → 2023-03-31dCons.Rate of return on equity IFRS (5-year summary)
Employees2,643at 2026-03-31Cons.Number of employees
Employees2,520at 2025-03-31Cons.Number of employees
Employees2,462at 2024-03-31dCons.Number of employees
Employees3,222at 2023-03-31dCons.Number of employees
Revenue¥5.3bn2025-04-01 → 2026-03-31StandaloneOperating revenue1
Revenue¥5.4bn2024-04-01 → 2025-03-31StandaloneOperating revenue1
Revenue¥7.3bn2023-04-01 → 2024-03-31dStandaloneOperating revenue1 (5-year summary)
Revenue¥4.5bn2022-04-01 → 2023-03-31dStandaloneOperating revenue1 (5-year summary)
Revenue¥4.1bn2021-04-01 → 2022-03-31dStandaloneOperating revenue1 (5-year summary)
Operating income¥2.6bn2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥2.8bn2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥2.1bn2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥2.2bn2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥4.8bn2023-04-01 → 2024-03-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥3.6bn2022-04-01 → 2023-03-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥3.6bn2021-04-01 → 2022-03-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥926m2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥2.0bn2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥1.2bn2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥2.5bn2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥4.5bn2023-04-01 → 2024-03-31dStandaloneNet income loss (5-year summary)
Net income¥2.3bn2022-04-01 → 2023-03-31dStandaloneNet income loss (5-year summary)
Net income¥2.9bn2021-04-01 → 2022-03-31dStandaloneNet income loss (5-year summary)
Total assets¥76.5bnat 2026-03-31StandaloneAssets
Total assets¥76.6bnat 2025-03-31StandaloneAssets
Total assets¥77.1bnat 2024-03-31dStandaloneTotal assets (5-year summary)
Total assets¥77.8bnat 2023-03-31dStandaloneTotal assets (5-year summary)
Total assets¥80.5bnat 2022-03-31dStandaloneTotal assets (5-year summary)
Total liabilities¥50.1bnat 2026-03-31StandaloneLiabilities
Total liabilities¥47.6bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥26.4bnat 2026-03-31StandaloneNet assets
Net assets / equity¥29.0bnat 2025-03-31StandaloneNet assets
Net assets / equity¥26.5bnat 2024-03-31dStandaloneNet assets
Net assets / equity¥25.2bnat 2023-03-31dStandaloneNet assets (5-year summary)
Net assets / equity¥22.8bnat 2022-03-31dStandaloneNet assets (5-year summary)
Cash and deposits¥5.5bnat 2026-03-31StandaloneCash and deposits
Cash and deposits¥647mat 2025-03-31StandaloneCash and deposits
EPS (basic)¥28.022025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥58.222024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥103.272023-04-01 → 2024-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥48.922022-04-01 → 2023-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥1,246.532021-04-01 → 2022-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥27.82025-04-01 → 2026-03-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥57.822024-04-01 → 2025-03-31StandaloneDiluted earnings per share (5-year summary)
Dividend per share¥612025-04-01 → 2026-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥602024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Net assets per share¥621.07at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥683.05at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥624.83at 2024-03-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥537.64at 2023-03-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥9,774.3at 2022-03-31dStandaloneNet assets per share (5-year summary)
Equity ratio34.5%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio37.9%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio34.4%at 2024-03-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio32.2%at 2023-03-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio28.3%at 2022-03-31dStandaloneEquity to asset ratio (5-year summary)
ROE4.3%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE8.9%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE17.4%2023-04-01 → 2024-03-31dStandaloneRate of return on equity (5-year summary)
ROE9.5%2022-04-01 → 2023-03-31dStandaloneRate of return on equity (5-year summary)
ROE13.6%2021-04-01 → 2022-03-31dStandaloneRate of return on equity (5-year summary)
Shares issued44,683,980at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued44,683,980at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued2,328,401at 2024-03-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued2,328,401at 2023-03-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued2,328,401at 2022-03-31dStandaloneTotal number of issued shares (5-year summary)
Employees67at 2026-03-31StandaloneNumber of employees
Employees56at 2025-03-31StandaloneNumber of employees
Employees57at 2024-03-31dStandaloneNumber of employees
Employees1at 2022-03-31dStandaloneNumber 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 · 40
SegmentItemPeriodValue
Reconciling Itemsreconcilingrevenue2025-04-01 → 2026-03-31−¥2.1bn
Reconciling Itemsreconcilingrevenue intersegment2025-04-01 → 2026-03-31−¥2.1bn
Reconciling Itemsreconcilingsegment assetsat 2026-03-31¥8.1bn
Reconciling Itemsreconcilingsegment profit2025-04-01 → 2026-03-31−¥1.2bn
Manufacturingreportable segmentemployeesat 2026-03-312186 pure
Manufacturingreportable segmentrevenue2025-04-01 → 2026-03-31¥31.9bn
Manufacturingreportable segmentrevenue external2025-04-01 → 2026-03-31¥30.3bn
Manufacturingreportable segmentrevenue intersegment2025-04-01 → 2026-03-31¥1.6bn
Manufacturingreportable segmentsegment assetsat 2026-03-31¥44.8bn
Manufacturingreportable segmentsegment profit2025-04-01 → 2026-03-31¥4.5bn
Tradingreportable segmentemployeesat 2026-03-31385 pure
Tradingreportable segmentrevenue2025-04-01 → 2026-03-31¥93.0bn
Tradingreportable segmentrevenue external2025-04-01 → 2026-03-31¥92.5bn
Tradingreportable segmentrevenue intersegment2025-04-01 → 2026-03-31¥461m
Tradingreportable segmentsegment assetsat 2026-03-31¥45.0bn
Tradingreportable segmentsegment profit2025-04-01 → 2026-03-31¥3.3bn
Total Of Reportable Segments And Otherssegment totalrevenue2025-04-01 → 2026-03-31¥124.9bn
Total Of Reportable Segments And Otherssegment totalrevenue external2025-04-01 → 2026-03-31¥122.8bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2025-04-01 → 2026-03-31¥2.1bn
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2026-03-31¥89.9bn
Total Of Reportable Segments And Otherssegment totalsegment profit2025-04-01 → 2026-03-31¥7.7bn
Reconciling Itemsreconcilingrevenue2024-04-01 → 2025-03-31−¥2.0bn
Reconciling Itemsreconcilingrevenue intersegment2024-04-01 → 2025-03-31−¥2.0bn
Reconciling Itemsreconcilingsegment assetsat 2025-03-31¥3.4bn
Reconciling Itemsreconcilingsegment profit2024-04-01 → 2025-03-31−¥1.4bn
Manufacturingreportable segmentrevenue2024-04-01 → 2025-03-31¥30.4bn
Manufacturingreportable segmentrevenue external2024-04-01 → 2025-03-31¥28.7bn
Manufacturingreportable segmentrevenue intersegment2024-04-01 → 2025-03-31¥1.7bn
Manufacturingreportable segmentsegment assetsat 2025-03-31¥43.4bn
Manufacturingreportable segmentsegment profit2024-04-01 → 2025-03-31¥4.1bn
Tradingreportable segmentrevenue2024-04-01 → 2025-03-31¥92.9bn
Tradingreportable segmentrevenue external2024-04-01 → 2025-03-31¥92.6bn
Tradingreportable segmentrevenue intersegment2024-04-01 → 2025-03-31¥299m
Tradingreportable segmentsegment assetsat 2025-03-31¥49.0bn
Tradingreportable segmentsegment profit2024-04-01 → 2025-03-31¥3.3bn
Total Of Reportable Segments And Otherssegment totalrevenue2024-04-01 → 2025-03-31¥123.3bn
Total Of Reportable Segments And Otherssegment totalrevenue external2024-04-01 → 2025-03-31¥121.3bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2024-04-01 → 2025-03-31¥2.0bn
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2025-03-31¥92.3bn
Total Of Reportable Segments And Otherssegment totalsegment profit2024-04-01 → 2025-03-31¥7.4bn

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

All source rows · 1,587
ItemContextValueUnit
Basic earnings loss per share (5-year summary)Prior3YearDuration_NonConsolidatedMember48.92
Basic earnings loss per share (5-year summary)Prior2YearDuration_NonConsolidatedMember103.27
Basic earnings loss per share (5-year summary)Prior1YearDuration_NonConsolidatedMember58.22
Basic earnings loss per share (5-year summary)CurrentYearDuration_NonConsolidatedMember28.02
Diluted earnings per share (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)Prior2YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)Prior1YearDuration_NonConsolidatedMember57.82
Diluted earnings per share (5-year summary)CurrentYearDuration_NonConsolidatedMember27.80
Equity to asset ratio (5-year summary)Prior4YearInstant_NonConsolidatedMember0.283
Equity to asset ratio (5-year summary)Prior3YearInstant_NonConsolidatedMember0.322
Equity to asset ratio (5-year summary)Prior2YearInstant_NonConsolidatedMember0.344
Equity to asset ratio (5-year summary)Prior1YearInstant_NonConsolidatedMember0.379
Equity to asset ratio (5-year summary)CurrentYearInstant_NonConsolidatedMember0.345
Rate of return on equity (5-year summary)Prior4YearDuration_NonConsolidatedMember0.136
Rate of return on equity (5-year summary)Prior3YearDuration_NonConsolidatedMember0.095
Rate of return on equity (5-year summary)Prior2YearDuration_NonConsolidatedMember0.174
Rate of return on equity (5-year summary)Prior1YearDuration_NonConsolidatedMember0.089
Rate of return on equity (5-year summary)CurrentYearDuration_NonConsolidatedMember0.043
Price earnings ratio (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Price earnings ratio (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Price earnings ratio (5-year summary)Prior2YearDuration_NonConsolidatedMember-
Price earnings ratio (5-year summary)Prior1YearDuration_NonConsolidatedMember16.4
Price earnings ratio (5-year summary)CurrentYearDuration_NonConsolidatedMember33.9
Payout ratio (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Payout ratio (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Payout ratio (5-year summary)Prior2YearDuration_NonConsolidatedMember-
Payout ratio (5-year summary)Prior1YearDuration_NonConsolidatedMember1.031
Payout ratio (5-year summary)CurrentYearDuration_NonConsolidatedMember2.177
Number of employeesPrior4YearInstant_NonConsolidatedMember1
Number of employeesPrior3YearInstant_NonConsolidatedMember-
Number of employeesPrior2YearInstant_NonConsolidatedMember57
Number of employeesPrior1YearInstant_NonConsolidatedMember56
Number of employeesCurrentYearInstant_NonConsolidatedMember67
Average number of temporary workersPrior4YearInstant_NonConsolidatedMember0
Average number of temporary workersPrior3YearInstant_NonConsolidatedMember1
Average number of temporary workersPrior2YearInstant_NonConsolidatedMember9
Average number of temporary workersPrior1YearInstant_NonConsolidatedMember18
Average number of temporary workersCurrentYearInstant_NonConsolidatedMember16
Total shareholder returnPrior4YearInstant_NonConsolidatedMember-
Total shareholder returnPrior3YearInstant_NonConsolidatedMember-
Total shareholder returnPrior2YearInstant_NonConsolidatedMember-
Total shareholder returnPrior1YearInstant_NonConsolidatedMember-
Total shareholder returnCurrentYearInstant_NonConsolidatedMember1.059
Total return on share price indexPrior4YearInstant_NonConsolidatedMember-
Total return on share price indexPrior3YearInstant_NonConsolidatedMember-
Total return on share price indexPrior2YearInstant_NonConsolidatedMember-
Total return on share price indexPrior1YearInstant_NonConsolidatedMember-
Total return on share price indexCurrentYearInstant_NonConsolidatedMember1.342
Research and development expenses research and development activitiesCurrentYearDuration115000000JPY

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 · 21 of 21 passed
balance sheet identityconsolidated 2025-03-31pass
balance sheet identityconsolidated 2026-03-31pass
balance sheet identitynon_consolidated 2025-03-31pass
balance sheet identitynon_consolidated 2026-03-31pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsnon_consolidated 2024-03-31pass
statement vs summary · net assetsnon_consolidated 2025-03-31pass
statement vs summary · net assetsnon_consolidated 2026-03-31pass
statement vs summary · net income attributable to parentconsolidated 2024-04-01/2025-03-31pass
statement vs summary · net income attributable to parentconsolidated 2025-04-01/2026-03-31pass
statement vs summary · operating cash flowconsolidated 2024-04-01/2025-03-31pass
statement vs summary · operating cash flowconsolidated 2025-04-01/2026-03-31pass
statement vs summary · revenueconsolidated 2024-04-01/2025-03-31pass
statement vs summary · revenueconsolidated 2025-04-01/2026-03-31pass
statement vs summary · revenuenon_consolidated 2024-04-01/2025-03-31pass
statement vs summary · revenuenon_consolidated 2025-04-01/2026-03-31pass
statement vs summary · total assetsconsolidated 2025-03-31pass
statement vs summary · total assetsconsolidated 2026-03-31pass
statement vs summary · total assetsnon_consolidated 2025-03-31pass
statement vs summary · total assetsnon_consolidated 2026-03-31pass