Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-23
StandardJapan GAAP
ConsolidatedNo
Data checks13 of 13 passed

Amended by S100YMZS (2026-06-29).

Key figures · 93
MetricValuePeriodScopeSource row
Revenue¥51.9bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥52.7bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥48.8bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥45.6bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥43.5bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income¥2.5bn2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥3.4bn2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥2.5bn2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥3.4bn2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥3.3bn2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥2.4bn2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥3.2bn2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥2.5bn2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥3.0bn2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥1.7bn2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥2.0bn2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥2.3bn2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥1.7bn2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥2.2bn2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥18.1bnat 2026-03-31StandaloneAssets
Total assets¥18.1bnat 2025-03-31StandaloneAssets
Total assets¥16.1bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥15.1bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥14.4bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥7.8bnat 2026-03-31StandaloneLiabilities
Total liabilities¥7.9bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥10.3bnat 2026-03-31StandaloneNet assets
Net assets / equity¥10.2bnat 2025-03-31StandaloneNet assets
Net assets / equity¥8.3bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥6.5bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥5.5bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥1.8bnat 2026-03-31StandaloneCash and deposits
Cash and deposits¥1.7bnat 2025-03-31StandaloneCash and deposits
Cash & equivalents¥1.8bnat 2026-03-31StandaloneCash and cash equivalents
Cash & equivalents¥1.7bnat 2025-03-31StandaloneCash and cash equivalents
Cash & equivalents¥1.3bnat 2024-03-31vStandaloneCash and cash equivalents
Cash & equivalents¥1.4bnat 2023-03-31vStandaloneCash and cash equivalents (5-year summary)
Cash & equivalents¥1.2bnat 2022-03-31vStandaloneCash and cash equivalents (5-year summary)
Operating cash flow¥3.1bn2025-04-01 → 2026-03-31StandaloneNet cash provided by used in operating activities
Operating cash flow¥1.2bn2024-04-01 → 2025-03-31StandaloneNet cash provided by used in operating activities
Operating cash flow¥2.4bn2023-04-01 → 2024-03-31vStandaloneNet cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.2bn2022-04-01 → 2023-03-31vStandaloneNet cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.3bn2021-04-01 → 2022-03-31vStandaloneNet cash provided by used in operating activities (5-year summary)
Investing cash flow−¥1.3bn2025-04-01 → 2026-03-31StandaloneNet cash provided by used in investment activities
Investing cash flow−¥848m2024-04-01 → 2025-03-31StandaloneNet cash provided by used in investment activities
Investing cash flow−¥413m2023-04-01 → 2024-03-31vStandaloneNet cash provided by used in investing activities (5-year summary)
Investing cash flow−¥445m2022-04-01 → 2023-03-31vStandaloneNet cash provided by used in investing activities (5-year summary)
Investing cash flow−¥390m2021-04-01 → 2022-03-31vStandaloneNet cash provided by used in investing activities (5-year summary)
Financing cash flow−¥1.7bn2025-04-01 → 2026-03-31StandaloneNet cash provided by used in financing activities
Financing cash flow¥53m2024-04-01 → 2025-03-31StandaloneNet cash provided by used in financing activities
Financing cash flow−¥2.1bn2023-04-01 → 2024-03-31vStandaloneNet cash provided by used in financing activities (5-year summary)
Financing cash flow−¥549m2022-04-01 → 2023-03-31vStandaloneNet cash provided by used in financing activities (5-year summary)
Financing cash flow−¥1.6bn2021-04-01 → 2022-03-31vStandaloneNet cash provided by used in financing activities (5-year summary)
EPS (basic)¥78.572025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥93.012024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥110.052023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥81.192022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥102.582021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥78.552025-04-01 → 2026-03-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥92.662024-04-01 → 2025-03-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥109.342023-04-01 → 2024-03-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥80.212022-04-01 → 2023-03-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥101.352021-04-01 → 2022-03-31vStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥472025-04-01 → 2026-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥402024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥362023-04-01 → 2024-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥302022-04-01 → 2023-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥282021-04-01 → 2022-03-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥483.29at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥466.45at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥390.44at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥307.83at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥260.52at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio56.7%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio56.2%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio51.5%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio42.9%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio37.9%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE16.5%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE21.9%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE31.5%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE28.4%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE37.2%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued21,354,291at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued23,207,991at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued23,207,991at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued23,392,997at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued23,981,797at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees260at 2026-03-31StandaloneNumber of employees
Employees250at 2025-03-31StandaloneNumber of employees
Employees244at 2024-03-31vStandaloneNumber of employees
Employees226at 2023-03-31vStandaloneNumber of employees
Employees215at 2022-03-31vStandaloneNumber 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 · 69
SegmentItemPeriodValue
Reconciling Itemsreconcilingcapex2025-04-01 → 2026-03-31¥9m
Reconciling Itemsreconcilingdepreciation2025-04-01 → 2026-03-31¥40m
Reconciling Itemsreconcilingsegment assetsat 2026-03-31¥3.3bn
Reconciling Itemsreconcilingsegment profit2025-04-01 → 2026-03-31−¥2.0bn
BYCYCLEreportable segmentdepreciation2025-04-01 → 2026-03-31¥740,000
BYCYCLEreportable segmentrevenue2025-04-01 → 2026-03-31¥312m
BYCYCLEreportable segmentrevenue external2025-04-01 → 2026-03-31¥312m
BYCYCLEreportable segmentsegment profit2025-04-01 → 2026-03-31−¥49m
CAMERAreportable segmentcapex2025-04-01 → 2026-03-31¥1.6bn
CAMERAreportable segmentdepreciation2025-04-01 → 2026-03-31¥106m
CAMERAreportable segmentemployeesat 2026-03-31163 pure
CAMERAreportable segmentrevenue2025-04-01 → 2026-03-31¥40.7bn
CAMERAreportable segmentrevenue external2025-04-01 → 2026-03-31¥40.7bn
CAMERAreportable segmentsegment assetsat 2026-03-31¥8.6bn
CAMERAreportable segmentsegment profit2025-04-01 → 2026-03-31¥4.2bn
PENreportable segmentcapex2025-04-01 → 2026-03-31¥15m
PENreportable segmentdepreciation2025-04-01 → 2026-03-31¥5m
PENreportable segmentemployeesat 2026-03-3111 pure
PENreportable segmentrevenue2025-04-01 → 2026-03-31¥479m
PENreportable segmentrevenue external2025-04-01 → 2026-03-31¥479m
PENreportable segmentsegment assetsat 2026-03-31¥268m
PENreportable segmentsegment profit2025-04-01 → 2026-03-31¥72m
WATCHreportable segmentcapex2025-04-01 → 2026-03-31¥250m
WATCHreportable segmentdepreciation2025-04-01 → 2026-03-31¥58m
WATCHreportable segmentemployeesat 2026-03-3138 pure
WATCHreportable segmentrevenue2025-04-01 → 2026-03-31¥10.4bn
WATCHreportable segmentrevenue external2025-04-01 → 2026-03-31¥10.4bn
WATCHreportable segmentsegment assetsat 2026-03-31¥5.9bn
WATCHreportable segmentsegment profit2025-04-01 → 2026-03-31¥304m
—segment totalcapex2025-04-01 → 2026-03-31¥1.8bn
—segment totaldepreciation2025-04-01 → 2026-03-31¥170m
—segment totalrevenue2025-04-01 → 2026-03-31¥51.9bn
—segment totalrevenue external2025-04-01 → 2026-03-31¥51.9bn
—segment totalsegment assetsat 2026-03-31¥14.8bn
—segment totalsegment profit2025-04-01 → 2026-03-31¥4.5bn
Reconciling Itemsreconcilingcapex2024-04-01 → 2025-03-31¥676m
Reconciling Itemsreconcilingdepreciation2024-04-01 → 2025-03-31¥23m
Reconciling Itemsreconcilingsegment assetsat 2025-03-31¥3.5bn
Reconciling Itemsreconcilingsegment profit2024-04-01 → 2025-03-31−¥1.7bn
BYCYCLEreportable segmentcapex2024-04-01 → 2025-03-31¥3m
BYCYCLEreportable segmentdepreciation2024-04-01 → 2025-03-31¥2m
BYCYCLEreportable segmentrevenue2024-04-01 → 2025-03-31¥798m
BYCYCLEreportable segmentrevenue external2024-04-01 → 2025-03-31¥798m
BYCYCLEreportable segmentsegment assetsat 2025-03-31¥285m
BYCYCLEreportable segmentsegment profit2024-04-01 → 2025-03-31¥20m
CAMERAreportable segmentcapex2024-04-01 → 2025-03-31¥73m
CAMERAreportable segmentdepreciation2024-04-01 → 2025-03-31¥109m
CAMERAreportable segmentrevenue2024-04-01 → 2025-03-31¥41.2bn
CAMERAreportable segmentrevenue external2024-04-01 → 2025-03-31¥41.2bn
CAMERAreportable segmentsegment assetsat 2025-03-31¥7.3bn
CAMERAreportable segmentsegment profit2024-04-01 → 2025-03-31¥4.6bn
PENreportable segmentcapex2024-04-01 → 2025-03-31¥62m
PENreportable segmentdepreciation2024-04-01 → 2025-03-31¥4m
PENreportable segmentrevenue2024-04-01 → 2025-03-31¥467m
PENreportable segmentrevenue external2024-04-01 → 2025-03-31¥467m
PENreportable segmentsegment assetsat 2025-03-31¥258m
PENreportable segmentsegment profit2024-04-01 → 2025-03-31¥67m
WATCHreportable segmentcapex2024-04-01 → 2025-03-31¥83m
WATCHreportable segmentdepreciation2024-04-01 → 2025-03-31¥64m
WATCHreportable segmentrevenue2024-04-01 → 2025-03-31¥10.2bn
WATCHreportable segmentrevenue external2024-04-01 → 2025-03-31¥10.2bn
WATCHreportable segmentsegment assetsat 2025-03-31¥6.8bn
WATCHreportable segmentsegment profit2024-04-01 → 2025-03-31¥440m
—segment totalcapex2024-04-01 → 2025-03-31¥220m
—segment totaldepreciation2024-04-01 → 2025-03-31¥180m
—segment totalrevenue2024-04-01 → 2025-03-31¥52.7bn
—segment totalrevenue external2024-04-01 → 2025-03-31¥52.7bn
—segment totalsegment assetsat 2025-03-31¥14.6bn
—segment totalsegment profit2024-04-01 → 2025-03-31¥5.1bn

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

All source rows · 1,091
ItemContextValueUnit
Ratio of female directors and other officers proposalFilingDateInstant0.375
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E27051-000SaitouMasashiMember64711
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E27051-000TakigasakiYujiMember700
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E27051-000NobuzaneKatsuyaMember3300
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E27051-000WatanabeAyaMember-
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E27051-000ShiraishiTakuyaMember-
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E27051-000MorizonoTikakoMember14447
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E27051-000EndoNaohitoMember1200
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E27051-000YokoyamaKeikoMember400
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant84758
Audit fees reporting companyPrior1YearDuration22000000JPY
Non audit fees reporting companyPrior1YearDuration-JPY
Audit fees reporting companyCurrentYearDuration22000000JPY
Non audit fees reporting companyCurrentYearDuration-JPY
Total amount of remuneration etc remuneration etc by category of directors and other officersCurrentYearDuration_DirectorsExcludingOutsideDirectorsMember162322000JPY
Fixed remuneration remuneration by category of directors and other officersCurrentYearDuration_DirectorsExcludingOutsideDirectorsMember95636000JPY
Performance based remuneration remuneration by category of directors and other officersCurrentYearDuration_DirectorsExcludingOutsideDirectorsMember50290000JPY
Share awards remuneration etc by category of directors and other officersCurrentYearDuration_DirectorsExcludingOutsideDirectorsMember16395000JPY
Number of directors and other officers remuneration etc by category of directors and other officersCurrentYearDuration_DirectorsExcludingOutsideDirectorsMember3
Total amount of remuneration etc remuneration etc by category of directors and other officersCurrentYearDuration_CorporateAuditorsExcludingOutsideCorporateAuditorsMember10200000JPY
Fixed remuneration remuneration by category of directors and other officersCurrentYearDuration_CorporateAuditorsExcludingOutsideCorporateAuditorsMember10200000JPY
Performance based remuneration remuneration by category of directors and other officersCurrentYearDuration_CorporateAuditorsExcludingOutsideCorporateAuditorsMember-JPY
Share awards remuneration etc by category of directors and other officersCurrentYearDuration_CorporateAuditorsExcludingOutsideCorporateAuditorsMember-JPY
Number of directors and other officers remuneration etc by category of directors and other officersCurrentYearDuration_CorporateAuditorsExcludingOutsideCorporateAuditorsMember2
Total amount of remuneration etc remuneration etc by category of directors and other officersCurrentYearDuration_OutsideDirectorsAndOtherOfficersMember27490000JPY
Fixed remuneration remuneration by category of directors and other officersCurrentYearDuration_OutsideDirectorsAndOtherOfficersMember27490000JPY
Performance based remuneration remuneration by category of directors and other officersCurrentYearDuration_OutsideDirectorsAndOtherOfficersMember-JPY
Share awards remuneration etc by category of directors and other officersCurrentYearDuration_OutsideDirectorsAndOtherOfficersMember-JPY
Number of directors and other officers remuneration etc by category of directors and other officersCurrentYearDuration_OutsideDirectorsAndOtherOfficersMember6
Number of issues shares not listed investment shares held for purposes other than pure investment reporting companyCurrentYearInstant1
Carrying amount shares not listed investment shares held for purposes other than pure investment reporting companyCurrentYearInstant77808000JPY
Number of issues shares other than those not listed investment shares held for purposes other than pure investment reporting companyCurrentYearInstant-
Carrying amount shares other than those not listed investment shares held for purposes other than pure investment reporting companyCurrentYearInstant-JPY
Number of employeesCurrentYearInstant_NonConsolidatedMember260
Average number of temporary workersCurrentYearInstant_NonConsolidatedMember19
Average age years information about reporting company information about employeesCurrentYearInstant_NonConsolidatedMember36.0
Average length of service years information about reporting company information about employeesCurrentYearInstant_NonConsolidatedMember7.3
Average annual salary information about reporting company information about employeesCurrentYearInstant_NonConsolidatedMember5934401JPY
Change from previous fiscal year in average annual salary information about reporting company information about employeesCurrentYearInstant_NonConsolidatedMember0.016
Number of employeesCurrentYearInstant_NonConsolidatedMember_jpcrp030000-asr_E27051-000CAMERAReportableSegmentMember163
Average number of temporary workersCurrentYearInstant_NonConsolidatedMember_jpcrp030000-asr_E27051-000CAMERAReportableSegmentMember12
Number of employeesCurrentYearInstant_NonConsolidatedMember_jpcrp030000-asr_E27051-000WATCHReportableSegmentMember38
Average number of temporary workersCurrentYearInstant_NonConsolidatedMember_jpcrp030000-asr_E27051-000WATCHReportableSegmentMember1
Number of employeesCurrentYearInstant_NonConsolidatedMember_jpcrp030000-asr_E27051-000PENReportableSegmentMember11
Average number of temporary workersCurrentYearInstant_NonConsolidatedMember_jpcrp030000-asr_E27051-000PENReportableSegmentMember-
Number of employeesCurrentYearInstant_NonConsolidatedMember_CorporateSharedMember48
Average number of temporary workersCurrentYearInstant_NonConsolidatedMember_CorporateSharedMember6
Number of employeesCurrentYearInstant_NonConsolidatedMember260
Average number of temporary workersCurrentYearInstant_NonConsolidatedMember19
Ratio of female employees in managerial positions metrics of reporting companyCurrentYearInstant_NonConsolidatedMember0.167

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 · 13 of 13 passed
balance sheet identitynon_consolidated 2025-03-31pass rounding
balance sheet identitynon_consolidated 2026-03-31pass
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 · operating cash flownon_consolidated 2024-04-01/2025-03-31pass
statement vs summary · operating cash flownon_consolidated 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 assetsnon_consolidated 2025-03-31pass
statement vs summary · total assetsnon_consolidated 2026-03-31pass