Annual report

Period2024-06-01 → 2025-05-31
Filed2025-08-28
StandardJapan GAAP
ConsolidatedNo
Data checks13 of 13 passed
Key figures · 93
MetricValuePeriodScopeSource row
Revenue¥27.8bn2024-06-01 → 2025-05-31StandaloneNet sales
Revenue¥23.3bn2023-06-01 → 2024-05-31StandaloneNet sales
Revenue¥20.0bn2022-06-01 → 2023-05-31vStandaloneNet sales (5-year summary)
Revenue¥17.7bn2021-06-01 → 2022-05-31vStandaloneNet sales (5-year summary)
Revenue¥18.9bn2020-06-01 → 2021-05-31dStandaloneNet sales (5-year summary)
Operating income¥3.3bn2024-06-01 → 2025-05-31StandaloneOperating income
Operating income¥3.1bn2023-06-01 → 2024-05-31StandaloneOperating income
Ordinary income¥2.8bn2024-06-01 → 2025-05-31StandaloneOrdinary income
Ordinary income¥2.6bn2023-06-01 → 2024-05-31StandaloneOrdinary income
Ordinary income¥2.1bn2022-06-01 → 2023-05-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.7bn2021-06-01 → 2022-05-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.3bn2020-06-01 → 2021-05-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥2.8bn2024-06-01 → 2025-05-31StandaloneIncome before income taxes
Profit before tax¥2.6bn2023-06-01 → 2024-05-31StandaloneIncome before income taxes
Net income¥2.0bn2024-06-01 → 2025-05-31StandaloneProfit loss
Net income¥1.8bn2023-06-01 → 2024-05-31StandaloneProfit loss
Net income¥1.6bn2022-06-01 → 2023-05-31vStandaloneNet income loss (5-year summary)
Net income¥1.1bn2021-06-01 → 2022-05-31vStandaloneNet income loss (5-year summary)
Net income¥920m2020-06-01 → 2021-05-31dStandaloneNet income loss (5-year summary)
Total assets¥30.2bnat 2025-05-31StandaloneAssets
Total assets¥31.9bnat 2024-05-31StandaloneAssets
Total assets¥30.9bnat 2023-05-31vStandaloneTotal assets (5-year summary)
Total assets¥28.7bnat 2022-05-31vStandaloneTotal assets (5-year summary)
Total assets¥24.1bnat 2021-05-31dStandaloneTotal assets (5-year summary)
Total liabilities¥18.0bnat 2025-05-31StandaloneLiabilities
Total liabilities¥21.4bnat 2024-05-31StandaloneLiabilities
Net assets / equity¥12.2bnat 2025-05-31StandaloneNet assets
Net assets / equity¥10.4bnat 2024-05-31StandaloneNet assets
Net assets / equity¥8.8bnat 2023-05-31vStandaloneNet assets
Net assets / equity¥7.3bnat 2022-05-31vStandaloneNet assets (5-year summary)
Net assets / equity¥6.2bnat 2021-05-31dStandaloneNet assets (5-year summary)
Cash and deposits¥6.6bnat 2025-05-31StandaloneCash and deposits
Cash and deposits¥3.1bnat 2024-05-31StandaloneCash and deposits
Cash & equivalents¥6.6bnat 2025-05-31StandaloneCash and cash equivalents
Cash & equivalents¥2.9bnat 2024-05-31StandaloneCash and cash equivalents
Cash & equivalents¥5.2bnat 2023-05-31vStandaloneCash and cash equivalents
Cash & equivalents¥4.4bnat 2022-05-31vStandaloneCash and cash equivalents (5-year summary)
Cash & equivalents¥3.7bnat 2021-05-31dStandaloneCash and cash equivalents (5-year summary)
Operating cash flow¥7.6bn2024-06-01 → 2025-05-31StandaloneNet cash provided by used in operating activities
Operating cash flow−¥1.9bn2023-06-01 → 2024-05-31StandaloneNet cash provided by used in operating activities
Operating cash flow¥174m2022-06-01 → 2023-05-31vStandaloneNet cash provided by used in operating activities (5-year summary)
Operating cash flow−¥2.7bn2021-06-01 → 2022-05-31vStandaloneNet cash provided by used in operating activities (5-year summary)
Operating cash flow¥383m2020-06-01 → 2021-05-31dStandaloneNet cash provided by used in operating activities (5-year summary)
Investing cash flow¥53m2024-06-01 → 2025-05-31StandaloneNet cash provided by used in investment activities
Investing cash flow¥75m2023-06-01 → 2024-05-31StandaloneNet cash provided by used in investment activities
Investing cash flow¥63m2022-06-01 → 2023-05-31vStandaloneNet cash provided by used in investing activities (5-year summary)
Investing cash flow¥93m2021-06-01 → 2022-05-31vStandaloneNet cash provided by used in investing activities (5-year summary)
Investing cash flow−¥386m2020-06-01 → 2021-05-31dStandaloneNet cash provided by used in investing activities (5-year summary)
Financing cash flow−¥4.1bn2024-06-01 → 2025-05-31StandaloneNet cash provided by used in financing activities
Financing cash flow−¥480m2023-06-01 → 2024-05-31StandaloneNet cash provided by used in financing activities
Financing cash flow¥553m2022-06-01 → 2023-05-31vStandaloneNet cash provided by used in financing activities (5-year summary)
Financing cash flow¥3.4bn2021-06-01 → 2022-05-31vStandaloneNet cash provided by used in financing activities (5-year summary)
Financing cash flow¥1.1bn2020-06-01 → 2021-05-31dStandaloneNet cash provided by used in financing activities (5-year summary)
EPS (basic)¥58.182024-06-01 → 2025-05-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥53.392023-06-01 → 2024-05-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥45.562022-06-01 → 2023-05-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥332021-06-01 → 2022-05-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥29.492020-06-01 → 2021-05-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥57.552024-06-01 → 2025-05-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥52.822023-06-01 → 2024-05-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥45.072022-06-01 → 2023-05-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥32.632021-06-01 → 2022-05-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥29.132020-06-01 → 2021-05-31dStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥62024-06-01 → 2025-05-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥42023-06-01 → 2024-05-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥22022-06-01 → 2023-05-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥22021-06-01 → 2022-05-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥22020-06-01 → 2021-05-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥362.27at 2025-05-31StandaloneNet assets per share (5-year summary)
Net assets per share¥305.6at 2024-05-31StandaloneNet assets per share (5-year summary)
Net assets per share¥252.97at 2023-05-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥209.23at 2022-05-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥178.2at 2021-05-31dStandaloneNet assets per share (5-year summary)
Equity ratio40.1%at 2025-05-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio32.5%at 2024-05-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio28.0%at 2023-05-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio25.1%at 2022-05-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio25.5%at 2021-05-31dStandaloneEquity to asset ratio (5-year summary)
ROE17.4%2024-06-01 → 2025-05-31StandaloneRate of return on equity (5-year summary)
ROE19.1%2023-06-01 → 2024-05-31StandaloneRate of return on equity (5-year summary)
ROE19.7%2022-06-01 → 2023-05-31vStandaloneRate of return on equity (5-year summary)
ROE17.0%2021-06-01 → 2022-05-31vStandaloneRate of return on equity (5-year summary)
ROE17.6%2020-06-01 → 2021-05-31dStandaloneRate of return on equity (5-year summary)
Shares issued35,147,915at 2025-05-31StandaloneTotal number of issued shares (5-year summary)
Shares issued35,147,915at 2024-05-31StandaloneTotal number of issued shares (5-year summary)
Shares issued35,147,915at 2023-05-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued35,147,915at 2022-05-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued35,147,915at 2021-05-31dStandaloneTotal number of issued shares (5-year summary)
Employees41at 2025-05-31StandaloneNumber of employees
Employees42at 2024-05-31StandaloneNumber of employees
Employees44at 2023-05-31vStandaloneNumber of employees
Employees44at 2022-05-31vStandaloneNumber of employees
Employees45at 2021-05-31dStandaloneNumber 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 · 52
SegmentItemPeriodValue
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue2024-06-01 → 2025-05-31¥11m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue external2024-06-01 → 2025-05-31¥11m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment profit2024-06-01 → 2025-05-31¥11m
Reconciling Itemsreconcilingcapex2024-06-01 → 2025-05-31¥8m
Reconciling Itemsreconcilingdepreciation2024-06-01 → 2025-05-31¥16m
Reconciling Itemsreconcilingsegment assetsat 2025-05-31¥7.6bn
Reconciling Itemsreconcilingsegment profit2024-06-01 → 2025-05-31−¥1.3bn
Condominium Development Businessreportable segmentsegment assetsat 2025-05-31¥376m
Condominium Development Businessreportable segmentsegment profit2024-06-01 → 2025-05-31¥0
Leasing Property Development Businessreportable segmentrevenue2024-06-01 → 2025-05-31¥18.0bn
Leasing Property Development Businessreportable segmentrevenue external2024-06-01 → 2025-05-31¥18.0bn
Leasing Property Development Businessreportable segmentsegment assetsat 2025-05-31¥20.6bn
Leasing Property Development Businessreportable segmentsegment profit2024-06-01 → 2025-05-31¥3.3bn
Revitalization Businessreportable segmentrevenue2024-06-01 → 2025-05-31¥9.8bn
Revitalization Businessreportable segmentrevenue external2024-06-01 → 2025-05-31¥9.8bn
Revitalization Businessreportable segmentsegment assetsat 2025-05-31¥1.6bn
Revitalization Businessreportable segmentsegment profit2024-06-01 → 2025-05-31¥1.3bn
—segment totalrevenue2024-06-01 → 2025-05-31¥27.8bn
—segment totalrevenue external2024-06-01 → 2025-05-31¥27.8bn
—segment totalsegment assetsat 2025-05-31¥22.6bn
—segment totalsegment profit2024-06-01 → 2025-05-31¥4.6bn
Total Of Reportable Segments And Otherssegment totalemployeesat 2025-05-3132 pure
Total Of Reportable Segments And Otherssegment totalrevenue2024-06-01 → 2025-05-31¥27.8bn
Total Of Reportable Segments And Otherssegment totalrevenue external2024-06-01 → 2025-05-31¥27.8bn
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2025-05-31¥22.6bn
Total Of Reportable Segments And Otherssegment totalsegment profit2024-06-01 → 2025-05-31¥4.6bn
Reconciling Itemsreconcilingcapex2023-06-01 → 2024-05-31¥32m
Reconciling Itemsreconcilingdepreciation2023-06-01 → 2024-05-31¥10m
Reconciling Itemsreconcilingsegment assetsat 2024-05-31¥4.1bn
Reconciling Itemsreconcilingsegment profit2023-06-01 → 2024-05-31−¥1.3bn
Condominium Development Businessreportable segmentdepreciation2023-06-01 → 2024-05-31¥0
Condominium Development Businessreportable segmentrevenue2023-06-01 → 2024-05-31¥3.8bn
Condominium Development Businessreportable segmentrevenue external2023-06-01 → 2024-05-31¥3.8bn
Condominium Development Businessreportable segmentsegment profit2023-06-01 → 2024-05-31¥443m
Leasing Property Development Businessreportable segmentrevenue2023-06-01 → 2024-05-31¥17.2bn
Leasing Property Development Businessreportable segmentrevenue external2023-06-01 → 2024-05-31¥17.2bn
Leasing Property Development Businessreportable segmentsegment assetsat 2024-05-31¥21.2bn
Leasing Property Development Businessreportable segmentsegment profit2023-06-01 → 2024-05-31¥3.5bn
Revitalization Businessreportable segmentrevenue2023-06-01 → 2024-05-31¥2.3bn
Revitalization Businessreportable segmentrevenue external2023-06-01 → 2024-05-31¥2.3bn
Revitalization Businessreportable segmentsegment assetsat 2024-05-31¥6.6bn
Revitalization Businessreportable segmentsegment profit2023-06-01 → 2024-05-31¥350m
—segment totaldepreciation2023-06-01 → 2024-05-31¥0
—segment totalrevenue2023-06-01 → 2024-05-31¥23.3bn
—segment totalrevenue external2023-06-01 → 2024-05-31¥23.3bn
—segment totalsegment assetsat 2024-05-31¥27.8bn
—segment totalsegment profit2023-06-01 → 2024-05-31¥4.3bn
Total Of Reportable Segments And Otherssegment totaldepreciation2023-06-01 → 2024-05-31¥0
Total Of Reportable Segments And Otherssegment totalrevenue2023-06-01 → 2024-05-31¥23.3bn
Total Of Reportable Segments And Otherssegment totalrevenue external2023-06-01 → 2024-05-31¥23.3bn
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2024-05-31¥27.8bn
Total Of Reportable Segments And Otherssegment totalsegment profit2023-06-01 → 2024-05-31¥4.3bn

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

All source rows · 993
ItemContextValueUnit
Number of shares issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsTreasurySharesEtcMember1737000
Number of shares issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsOtherMember33320800
Number of voting rights issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsOtherMember333208
Number of shares issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesLessThanOneUnitMember90115
Number of shares issued shares voting rightsCurrentYearInstant35147915
Number of voting rights issued shares voting rightsCurrentYearInstant333208
Number of shares held in own name treasury shares etcCurrentYearInstant_Row1Member1737000
Number of shares held in others names treasury shares etcCurrentYearInstant_Row1Member-
Total number of shares held treasury shares etcCurrentYearInstant_Row1Member1737000
Shareholding ratio treasury shares etcCurrentYearInstant_Row1Member0.0494
Number of shares held in own name treasury shares etcCurrentYearInstant1737000
Number of shares held in others names treasury shares etcCurrentYearInstant-
Total number of shares held treasury shares etcCurrentYearInstant1737000
Shareholding ratio treasury shares etcCurrentYearInstant0.0494
Total amount of dividends dividends of surplusFilingDateInstant_Row1Member200000000JPY
Dividend per share dividends of surplusFilingDateInstant_Row1Member6
Number of male directors and other officersFilingDateInstant10
Number of female directors and other officersFilingDateInstant-
Ratio of female directors and other officersFilingDateInstant-
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E04064-000TsueMasayukiMember114200
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E04064-000TokuraShigeruMember97900
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E04064-000YanoYoshiakiMember81600
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E04064-000TamakiTakashiMember19400
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E04064-000HagiwaraKojiMember19400
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E04064-000MiuraYoshiakiMember19400
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E04064-000TanoshimoHiroakiMember19400
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E04064-000AkiyamaTakahiroMember-
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E04064-000InoueKatsujiMember-
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E04064-000OkuraKeiMember-
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant371300
Audit fees reporting companyPrior1YearDuration20000000JPY
Non audit fees reporting companyPrior1YearDuration-JPY
Audit fees reporting companyCurrentYearDuration21000000JPY
Non audit fees reporting companyCurrentYearDuration-JPY
Total amount of remuneration etc remuneration etc by category of directors and other officersCurrentYearDuration_jpcrp030000-asr_E04064-000DirectorsMember113000000JPY
Base remuneration remuneration etc by category of directors and other officersCurrentYearDuration_jpcrp030000-asr_E04064-000DirectorsMember102000000JPY
Restricted share awards remuneration etc by category of directors and other officersCurrentYearDuration_jpcrp030000-asr_E04064-000DirectorsMember11000000JPY
Non monetary remuneration remuneration by category of directors and other officersCurrentYearDuration_jpcrp030000-asr_E04064-000DirectorsMember11000000JPY
Number of directors and other officers remuneration etc by category of directors and other officersCurrentYearDuration_jpcrp030000-asr_E04064-000DirectorsMember7
Total amount of remuneration etc remuneration etc by category of directors and other officersCurrentYearDuration_OutsideDirectorsMember12000000JPY
Base remuneration remuneration etc by category of directors and other officersCurrentYearDuration_OutsideDirectorsMember10000000JPY
Restricted share awards remuneration etc by category of directors and other officersCurrentYearDuration_OutsideDirectorsMember2000000JPY
Non monetary remuneration remuneration by category of directors and other officersCurrentYearDuration_OutsideDirectorsMember2000000JPY
Number of directors and other officers remuneration etc by category of directors and other officersCurrentYearDuration_OutsideDirectorsMember4
Total amount of remuneration etc remuneration etc by category of directors and other officersCurrentYearDuration_jpcrp030000-asr_E04064-000DirectorsAppointedAsAuditAndSupervisoryCommitteeMembersMember9000000JPY
Base remuneration remuneration etc by category of directors and other officersCurrentYearDuration_jpcrp030000-asr_E04064-000DirectorsAppointedAsAuditAndSupervisoryCommitteeMembersMember9000000JPY
Restricted share awards remuneration etc by category of directors and other officersCurrentYearDuration_jpcrp030000-asr_E04064-000DirectorsAppointedAsAuditAndSupervisoryCommitteeMembersMember-JPY
Non monetary remuneration remuneration by category of directors and other officersCurrentYearDuration_jpcrp030000-asr_E04064-000DirectorsAppointedAsAuditAndSupervisoryCommitteeMembersMember-JPY
Number of directors and other officers remuneration etc by category of directors and other officersCurrentYearDuration_jpcrp030000-asr_E04064-000DirectorsAppointedAsAuditAndSupervisoryCommitteeMembersMember3
Total amount of remuneration etc remuneration etc by category of directors and other officersCurrentYearDuration_jpcrp030000-asr_E04064-000OutsideDirectorsAppointedAsAuditAndSupervisoryCommitteeMembersMember9000000JPY

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 2024-05-31pass rounding
balance sheet identitynon_consolidated 2025-05-31pass
dei present pass
period resolution pass
statement vs summary · net assetsnon_consolidated 2023-05-31pass
statement vs summary · net assetsnon_consolidated 2024-05-31pass
statement vs summary · net assetsnon_consolidated 2025-05-31pass
statement vs summary · operating cash flownon_consolidated 2023-06-01/2024-05-31pass
statement vs summary · operating cash flownon_consolidated 2024-06-01/2025-05-31pass
statement vs summary · revenuenon_consolidated 2023-06-01/2024-05-31pass
statement vs summary · revenuenon_consolidated 2024-06-01/2025-05-31pass
statement vs summary · total assetsnon_consolidated 2024-05-31pass
statement vs summary · total assetsnon_consolidated 2025-05-31pass