Annual report

Period2021-06-01 → 2022-05-31
Filed2022-08-26
StandardJapan GAAP
ConsolidatedNo
Data checks13 of 13 passed
Key figures · 93
MetricValuePeriodScopeSource row
Revenue¥17.7bn2021-06-01 → 2022-05-31StandaloneNet sales
Revenue¥18.9bn2020-06-01 → 2021-05-31StandaloneNet sales
Revenue¥23.7bn2019-06-01 → 2020-05-31dStandaloneNet sales (5-year summary)
Revenue¥18.0bn2018-06-01 → 2019-05-31dStandaloneNet sales (5-year summary)
Revenue¥16.9bn2017-06-01 → 2018-05-31dStandaloneNet sales (5-year summary)
Operating income¥2.1bn2021-06-01 → 2022-05-31StandaloneOperating income
Operating income¥1.7bn2020-06-01 → 2021-05-31StandaloneOperating income
Ordinary income¥1.7bn2021-06-01 → 2022-05-31StandaloneOrdinary income
Ordinary income¥1.3bn2020-06-01 → 2021-05-31StandaloneOrdinary income
Ordinary income¥1.1bn2019-06-01 → 2020-05-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥862m2018-06-01 → 2019-05-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥671m2017-06-01 → 2018-05-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥1.7bn2021-06-01 → 2022-05-31StandaloneIncome before income taxes
Profit before tax¥1.3bn2020-06-01 → 2021-05-31StandaloneIncome before income taxes
Net income¥1.1bn2021-06-01 → 2022-05-31StandaloneProfit loss
Net income¥920m2020-06-01 → 2021-05-31StandaloneProfit loss
Net income¥890m2019-06-01 → 2020-05-31dStandaloneNet income loss (5-year summary)
Net income¥730m2018-06-01 → 2019-05-31dStandaloneNet income loss (5-year summary)
Net income¥722m2017-06-01 → 2018-05-31dStandaloneNet income loss (5-year summary)
Total assets¥28.7bnat 2022-05-31StandaloneAssets
Total assets¥24.1bnat 2021-05-31StandaloneAssets
Total assets¥21.7bnat 2020-05-31dStandaloneTotal assets (5-year summary)
Total assets¥22.4bnat 2019-05-31dStandaloneTotal assets (5-year summary)
Total assets¥19.5bnat 2018-05-31dStandaloneTotal assets (5-year summary)
Total liabilities¥21.4bnat 2022-05-31StandaloneLiabilities
Total liabilities¥17.8bnat 2021-05-31StandaloneLiabilities
Net assets / equity¥7.3bnat 2022-05-31StandaloneNet assets
Net assets / equity¥6.2bnat 2021-05-31StandaloneNet assets
Net assets / equity¥4.4bnat 2020-05-31dStandaloneNet assets
Net assets / equity¥3.6bnat 2019-05-31dStandaloneNet assets (5-year summary)
Net assets / equity¥2.9bnat 2018-05-31dStandaloneNet assets (5-year summary)
Cash and deposits¥4.7bnat 2022-05-31StandaloneCash and deposits
Cash and deposits¥4.0bnat 2021-05-31StandaloneCash and deposits
Cash & equivalents¥4.4bnat 2022-05-31StandaloneCash and cash equivalents
Cash & equivalents¥3.7bnat 2021-05-31StandaloneCash and cash equivalents
Cash & equivalents¥2.5bnat 2020-05-31dStandaloneCash and cash equivalents
Cash & equivalents¥1.9bnat 2019-05-31dStandaloneCash and cash equivalents (5-year summary)
Cash & equivalents¥815mat 2018-05-31dStandaloneCash and cash equivalents (5-year summary)
Operating cash flow−¥2.7bn2021-06-01 → 2022-05-31StandaloneNet cash provided by used in operating activities
Operating cash flow¥383m2020-06-01 → 2021-05-31StandaloneNet cash provided by used in operating activities
Operating cash flow¥2.0bn2019-06-01 → 2020-05-31dStandaloneNet cash provided by used in operating activities (5-year summary)
Operating cash flow−¥612m2018-06-01 → 2019-05-31dStandaloneNet cash provided by used in operating activities (5-year summary)
Operating cash flow−¥7.0bn2017-06-01 → 2018-05-31dStandaloneNet cash provided by used in operating activities (5-year summary)
Investing cash flow¥93m2021-06-01 → 2022-05-31StandaloneNet cash provided by used in investment activities
Investing cash flow−¥386m2020-06-01 → 2021-05-31StandaloneNet cash provided by used in investment activities
Investing cash flow¥29m2019-06-01 → 2020-05-31dStandaloneNet cash provided by used in investing activities (5-year summary)
Investing cash flow−¥21m2018-06-01 → 2019-05-31dStandaloneNet cash provided by used in investing activities (5-year summary)
Investing cash flow¥884m2017-06-01 → 2018-05-31dStandaloneNet cash provided by used in investing activities (5-year summary)
Financing cash flow¥3.4bn2021-06-01 → 2022-05-31StandaloneNet cash provided by used in financing activities
Financing cash flow¥1.1bn2020-06-01 → 2021-05-31StandaloneNet cash provided by used in financing activities
Financing cash flow−¥1.4bn2019-06-01 → 2020-05-31dStandaloneNet cash provided by used in financing activities (5-year summary)
Financing cash flow¥1.8bn2018-06-01 → 2019-05-31dStandaloneNet cash provided by used in financing activities (5-year summary)
Financing cash flow¥4.8bn2017-06-01 → 2018-05-31dStandaloneNet cash provided by used in financing activities (5-year summary)
EPS (basic)¥332021-06-01 → 2022-05-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥29.492020-06-01 → 2021-05-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥31.982019-06-01 → 2020-05-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥26.092018-06-01 → 2019-05-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥25.582017-06-01 → 2018-05-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥32.632021-06-01 → 2022-05-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥29.132020-06-01 → 2021-05-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥31.572019-06-01 → 2020-05-31dStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥25.822018-06-01 → 2019-05-31dStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥25.372017-06-01 → 2018-05-31dStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥22021-06-01 → 2022-05-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥22020-06-01 → 2021-05-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥22019-06-01 → 2020-05-31dStandaloneDividend paid per share (5-year summary)
Dividend per share¥22018-06-01 → 2019-05-31dStandaloneDividend paid per share (5-year summary)
Dividend per share¥22017-06-01 → 2018-05-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥209.23at 2022-05-31StandaloneNet assets per share (5-year summary)
Net assets per share¥178.2at 2021-05-31StandaloneNet assets per share (5-year summary)
Net assets per share¥154.86at 2020-05-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥124.96at 2019-05-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥101.41at 2018-05-31dStandaloneNet assets per share (5-year summary)
Equity ratio25.1%at 2022-05-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio25.5%at 2021-05-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio19.8%at 2020-05-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio15.6%at 2019-05-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio14.7%at 2018-05-31dStandaloneEquity to asset ratio (5-year summary)
ROE17.0%2021-06-01 → 2022-05-31StandaloneRate of return on equity (5-year summary)
ROE17.6%2020-06-01 → 2021-05-31StandaloneRate of return on equity (5-year summary)
ROE22.8%2019-06-01 → 2020-05-31dStandaloneRate of return on equity (5-year summary)
ROE23.0%2018-06-01 → 2019-05-31dStandaloneRate of return on equity (5-year summary)
ROE28.5%2017-06-01 → 2018-05-31dStandaloneRate of return on equity (5-year summary)
Shares issued35,147,915at 2022-05-31StandaloneTotal number of issued shares (5-year summary)
Shares issued35,147,915at 2021-05-31StandaloneTotal number of issued shares (5-year summary)
Shares issued28,297,915at 2020-05-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued28,297,915at 2019-05-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued28,297,915at 2018-05-31dStandaloneTotal number of issued shares (5-year summary)
Employees44at 2022-05-31StandaloneNumber of employees
Employees45at 2021-05-31StandaloneNumber of employees
Employees47at 2020-05-31dStandaloneNumber of employees
Employees45at 2019-05-31dStandaloneNumber of employees
Employees42at 2018-05-31dStandaloneNumber 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 · 53
SegmentItemPeriodValue
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue2021-06-01 → 2022-05-31¥8m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue external2021-06-01 → 2022-05-31¥8m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment profit2021-06-01 → 2022-05-31¥7m
Reconciling Itemsreconcilingcapex2021-06-01 → 2022-05-31¥4m
Reconciling Itemsreconcilingdepreciation2021-06-01 → 2022-05-31¥8m
Reconciling Itemsreconcilingsegment assetsat 2022-05-31¥5.6bn
Reconciling Itemsreconcilingsegment profit2021-06-01 → 2022-05-31−¥1.1bn
Condominium Development Businessreportable segmentrevenue2021-06-01 → 2022-05-31¥427m
Condominium Development Businessreportable segmentrevenue external2021-06-01 → 2022-05-31¥427m
Condominium Development Businessreportable segmentsegment assetsat 2022-05-31¥2.0bn
Condominium Development Businessreportable segmentsegment profit2021-06-01 → 2022-05-31¥17m
Leasing Property Development Businessreportable segmentrevenue2021-06-01 → 2022-05-31¥11.5bn
Leasing Property Development Businessreportable segmentrevenue external2021-06-01 → 2022-05-31¥11.5bn
Leasing Property Development Businessreportable segmentsegment assetsat 2022-05-31¥15.9bn
Leasing Property Development Businessreportable segmentsegment profit2021-06-01 → 2022-05-31¥2.5bn
Revitalization Businessreportable segmentrevenue2021-06-01 → 2022-05-31¥5.7bn
Revitalization Businessreportable segmentrevenue external2021-06-01 → 2022-05-31¥5.7bn
Revitalization Businessreportable segmentsegment assetsat 2022-05-31¥5.2bn
Revitalization Businessreportable segmentsegment profit2021-06-01 → 2022-05-31¥699m
—segment totalrevenue2021-06-01 → 2022-05-31¥17.7bn
—segment totalrevenue external2021-06-01 → 2022-05-31¥17.7bn
—segment totalsegment assetsat 2022-05-31¥23.2bn
—segment totalsegment profit2021-06-01 → 2022-05-31¥3.2bn
Total Of Reportable Segments And Otherssegment totalemployeesat 2022-05-3133 pure
Total Of Reportable Segments And Otherssegment totalrevenue2021-06-01 → 2022-05-31¥17.7bn
Total Of Reportable Segments And Otherssegment totalrevenue external2021-06-01 → 2022-05-31¥17.7bn
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2022-05-31¥23.2bn
Total Of Reportable Segments And Otherssegment totalsegment profit2021-06-01 → 2022-05-31¥3.2bn
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment profit2020-06-01 → 2021-05-31¥0
Reconciling Itemsreconcilingcapex2020-06-01 → 2021-05-31¥3m
Reconciling Itemsreconcilingdepreciation2020-06-01 → 2021-05-31¥11m
Reconciling Itemsreconcilingsegment assetsat 2021-05-31¥4.8bn
Reconciling Itemsreconcilingsegment profit2020-06-01 → 2021-05-31−¥1.1bn
Condominium Development Businessreportable segmentrevenue2020-06-01 → 2021-05-31¥921m
Condominium Development Businessreportable segmentrevenue external2020-06-01 → 2021-05-31¥921m
Condominium Development Businessreportable segmentsegment assetsat 2021-05-31¥1.8bn
Condominium Development Businessreportable segmentsegment profit2020-06-01 → 2021-05-31¥42m
Leasing Property Development Businessreportable segmentrevenue2020-06-01 → 2021-05-31¥13.8bn
Leasing Property Development Businessreportable segmentrevenue external2020-06-01 → 2021-05-31¥13.8bn
Leasing Property Development Businessreportable segmentsegment assetsat 2021-05-31¥13.0bn
Leasing Property Development Businessreportable segmentsegment profit2020-06-01 → 2021-05-31¥2.3bn
Revitalization Businessreportable segmentrevenue2020-06-01 → 2021-05-31¥4.2bn
Revitalization Businessreportable segmentrevenue external2020-06-01 → 2021-05-31¥4.2bn
Revitalization Businessreportable segmentsegment assetsat 2021-05-31¥4.6bn
Revitalization Businessreportable segmentsegment profit2020-06-01 → 2021-05-31¥471m
—segment totalrevenue2020-06-01 → 2021-05-31¥18.9bn
—segment totalrevenue external2020-06-01 → 2021-05-31¥18.9bn
—segment totalsegment assetsat 2021-05-31¥19.3bn
—segment totalsegment profit2020-06-01 → 2021-05-31¥2.8bn
Total Of Reportable Segments And Otherssegment totalrevenue2020-06-01 → 2021-05-31¥18.9bn
Total Of Reportable Segments And Otherssegment totalrevenue external2020-06-01 → 2021-05-31¥18.9bn
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2021-05-31¥19.3bn
Total Of Reportable Segments And Otherssegment totalsegment profit2020-06-01 → 2021-05-31¥2.8bn

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

All source rows · 988
ItemContextValueUnit
Independent auditors report non consolidated (text)FilingDateInstantText · Plus
Audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)HLB Meisei有限責任監査法人
Cpa1 audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)武田  剛
Cpa2 audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)関  和輝
Key audit matters non consolidated (text)FilingDateInstantText · Plus
Overview kam non consolidated (text)FilingDateInstantText · Plus
Short description kam non consolidatedFilingDateInstant_Row1Member
Original text (Japanese)分譲・販売(賃貸開発・バリューアップ)目的で保有する不動産の評価
Description including reason kam non consolidated (text)FilingDateInstant_Row1MemberText · Plus
Auditors response kam non consolidated (text)FilingDateInstant_Row1MemberText · Plus
Other information non consolidated (text)FilingDateInstantText · Plus
Number of submissionFilingDateInstant1
Net sales (5-year summary)Prior4YearDuration_NonConsolidatedMember16905000000JPY
Net sales (5-year summary)Prior3YearDuration_NonConsolidatedMember18002000000JPY
Net sales (5-year summary)Prior2YearDuration_NonConsolidatedMember23674000000JPY
Net sales (5-year summary)Prior1YearDuration_NonConsolidatedMember18886000000JPY
Net sales (5-year summary)CurrentYearDuration_NonConsolidatedMember17689000000JPY
Ordinary income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember671000000JPY
Ordinary income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember862000000JPY
Ordinary income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember1095000000JPY
Ordinary income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember1299000000JPY
Ordinary income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember1691000000JPY
Net income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember722000000JPY
Net income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember730000000JPY
Net income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember890000000JPY
Net income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember920000000JPY
Net income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember1135000000JPY
Equity in earnings losses of affiliates if equity method is applied (5-year summary)Prior4YearDuration_NonConsolidatedMember-JPY
Equity in earnings losses of affiliates if equity method is applied (5-year summary)Prior3YearDuration_NonConsolidatedMember-JPY
Equity in earnings losses of affiliates if equity method is applied (5-year summary)Prior2YearDuration_NonConsolidatedMember-JPY
Equity in earnings losses of affiliates if equity method is applied (5-year summary)Prior1YearDuration_NonConsolidatedMember-JPY
Equity in earnings losses of affiliates if equity method is applied (5-year summary)CurrentYearDuration_NonConsolidatedMember-JPY
Capital stock (5-year summary)Prior4YearInstant_NonConsolidatedMember1249000000JPY
Capital stock (5-year summary)Prior3YearInstant_NonConsolidatedMember1249000000JPY
Capital stock (5-year summary)Prior2YearInstant_NonConsolidatedMember1249000000JPY
Capital stock (5-year summary)Prior1YearInstant_NonConsolidatedMember1750000000JPY
Capital stock (5-year summary)CurrentYearInstant_NonConsolidatedMember1750000000JPY
Total number of issued shares (5-year summary)Prior4YearInstant_NonConsolidatedMember28297915
Total number of issued shares (5-year summary)Prior3YearInstant_NonConsolidatedMember28297915
Total number of issued shares (5-year summary)Prior2YearInstant_NonConsolidatedMember28297915
Total number of issued shares (5-year summary)Prior1YearInstant_NonConsolidatedMember35147915
Total number of issued shares (5-year summary)CurrentYearInstant_NonConsolidatedMember35147915
Net assets (5-year summary)Prior4YearInstant_NonConsolidatedMember2938000000JPY
Net assets (5-year summary)Prior3YearInstant_NonConsolidatedMember3593000000JPY
Net assets (5-year summary)Prior2YearInstant_NonConsolidatedMember4414000000JPY
Net assets (5-year summary)Prior1YearInstant_NonConsolidatedMember6245000000JPY
Net assets (5-year summary)CurrentYearInstant_NonConsolidatedMember7292000000JPY
Total assets (5-year summary)Prior4YearInstant_NonConsolidatedMember19471000000JPY
Total assets (5-year summary)Prior3YearInstant_NonConsolidatedMember22447000000JPY
Total assets (5-year summary)Prior2YearInstant_NonConsolidatedMember21733000000JPY
Total assets (5-year summary)Prior1YearInstant_NonConsolidatedMember24089000000JPY

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 2021-05-31pass rounding
balance sheet identitynon_consolidated 2022-05-31pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsnon_consolidated 2020-05-31pass
statement vs summary · net assetsnon_consolidated 2021-05-31pass
statement vs summary · net assetsnon_consolidated 2022-05-31pass
statement vs summary · operating cash flownon_consolidated 2020-06-01/2021-05-31pass
statement vs summary · operating cash flownon_consolidated 2021-06-01/2022-05-31pass
statement vs summary · revenuenon_consolidated 2020-06-01/2021-05-31pass
statement vs summary · revenuenon_consolidated 2021-06-01/2022-05-31pass
statement vs summary · total assetsnon_consolidated 2021-05-31pass
statement vs summary · total assetsnon_consolidated 2022-05-31pass