Annual report

Period2025-06-01 → 2026-05-31
Filed2026-08-25
StandardJapan GAAP
ConsolidatedNo
Data checks13 of 13 passed
Key figures · 88
MetricValuePeriodScopeSource row
Revenue¥7.7bn2025-06-01 → 2026-05-31StandaloneNet sales
Revenue¥8.2bn2024-06-01 → 2025-05-31StandaloneNet sales
Revenue¥7.3bn2023-06-01 → 2024-05-31vStandaloneNet sales (5-year summary)
Revenue¥7.7bn2022-06-01 → 2023-05-31vStandaloneNet sales (5-year summary)
Revenue¥7.5bn2021-06-01 → 2022-05-31vStandaloneNet sales (5-year summary)
Operating income¥588m2025-06-01 → 2026-05-31StandaloneOperating income
Operating income¥511m2024-06-01 → 2025-05-31StandaloneOperating income
Ordinary income¥589m2025-06-01 → 2026-05-31StandaloneOrdinary income
Ordinary income¥507m2024-06-01 → 2025-05-31StandaloneOrdinary income
Ordinary income¥309m2023-06-01 → 2024-05-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥548m2022-06-01 → 2023-05-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥567m2021-06-01 → 2022-05-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥574m2025-06-01 → 2026-05-31StandaloneIncome before income taxes
Profit before tax¥507m2024-06-01 → 2025-05-31StandaloneIncome before income taxes
Net income¥395m2025-06-01 → 2026-05-31StandaloneProfit loss
Net income¥343m2024-06-01 → 2025-05-31StandaloneProfit loss
Net income¥213m2023-06-01 → 2024-05-31vStandaloneNet income loss (5-year summary)
Net income¥377m2022-06-01 → 2023-05-31vStandaloneNet income loss (5-year summary)
Net income¥388m2021-06-01 → 2022-05-31vStandaloneNet income loss (5-year summary)
Total assets¥6.2bnat 2026-05-31StandaloneAssets
Total assets¥6.1bnat 2025-05-31StandaloneAssets
Total assets¥6.3bnat 2024-05-31vStandaloneTotal assets (5-year summary)
Total assets¥5.7bnat 2023-05-31vStandaloneTotal assets (5-year summary)
Total assets¥5.4bnat 2022-05-31vStandaloneTotal assets (5-year summary)
Total liabilities¥1.5bnat 2026-05-31StandaloneLiabilities
Total liabilities¥1.7bnat 2025-05-31StandaloneLiabilities
Net assets / equity¥4.7bnat 2026-05-31StandaloneNet assets
Net assets / equity¥4.4bnat 2025-05-31StandaloneNet assets
Net assets / equity¥4.2bnat 2024-05-31vStandaloneNet assets
Net assets / equity¥4.1bnat 2023-05-31vStandaloneNet assets (5-year summary)
Net assets / equity¥3.8bnat 2022-05-31vStandaloneNet assets (5-year summary)
Cash and deposits¥931mat 2026-05-31StandaloneCash and deposits
Cash and deposits¥1.2bnat 2025-05-31StandaloneCash and deposits
Cash & equivalents¥807mat 2026-05-31StandaloneCash and cash equivalents
Cash & equivalents¥1.0bnat 2025-05-31StandaloneCash and cash equivalents
Cash & equivalents¥767mat 2024-05-31vStandaloneCash and cash equivalents
Cash & equivalents¥748mat 2023-05-31vStandaloneCash and cash equivalents (5-year summary)
Cash & equivalents¥760mat 2022-05-31vStandaloneCash and cash equivalents (5-year summary)
Operating cash flow−¥25m2025-06-01 → 2026-05-31StandaloneNet cash provided by used in operating activities
Operating cash flow¥1.1bn2024-06-01 → 2025-05-31StandaloneNet cash provided by used in operating activities
Operating cash flow−¥389m2023-06-01 → 2024-05-31vStandaloneNet cash provided by used in operating activities (5-year summary)
Operating cash flow¥98m2022-06-01 → 2023-05-31vStandaloneNet cash provided by used in operating activities (5-year summary)
Operating cash flow−¥60m2021-06-01 → 2022-05-31vStandaloneNet cash provided by used in operating activities (5-year summary)
Investing cash flow−¥11m2025-06-01 → 2026-05-31StandaloneNet cash provided by used in investment activities
Investing cash flow−¥22m2024-06-01 → 2025-05-31StandaloneNet cash provided by used in investment activities
Investing cash flow−¥101m2023-06-01 → 2024-05-31vStandaloneNet cash provided by used in investing activities (5-year summary)
Investing cash flow−¥11m2022-06-01 → 2023-05-31vStandaloneNet cash provided by used in investing activities (5-year summary)
Investing cash flow−¥67m2021-06-01 → 2022-05-31vStandaloneNet cash provided by used in investing activities (5-year summary)
Financing cash flow−¥184m2025-06-01 → 2026-05-31StandaloneNet cash provided by used in financing activities
Financing cash flow−¥771m2024-06-01 → 2025-05-31StandaloneNet cash provided by used in financing activities
Financing cash flow¥510m2023-06-01 → 2024-05-31vStandaloneNet cash provided by used in financing activities (5-year summary)
Financing cash flow−¥98m2022-06-01 → 2023-05-31vStandaloneNet cash provided by used in financing activities (5-year summary)
Financing cash flow−¥138m2021-06-01 → 2022-05-31vStandaloneNet cash provided by used in financing activities (5-year summary)
EPS (basic)¥145.852025-06-01 → 2026-05-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥126.62024-06-01 → 2025-05-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥78.532023-06-01 → 2024-05-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥139.912022-06-01 → 2023-05-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥143.982021-06-01 → 2022-05-31vStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥432025-06-01 → 2026-05-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥402024-06-01 → 2025-05-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥392023-06-01 → 2024-05-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥372022-06-01 → 2023-05-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥342021-06-01 → 2022-05-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥1,741.88at 2026-05-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,633.66at 2025-05-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,546.38at 2024-05-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,502.88at 2023-05-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,398.66at 2022-05-31vStandaloneNet assets per share (5-year summary)
Equity ratio75.6%at 2026-05-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio72.1%at 2025-05-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio66.6%at 2024-05-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio71.9%at 2023-05-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio70.2%at 2022-05-31vStandaloneEquity to asset ratio (5-year summary)
ROE8.6%2025-06-01 → 2026-05-31StandaloneRate of return on equity (5-year summary)
ROE8.0%2024-06-01 → 2025-05-31StandaloneRate of return on equity (5-year summary)
ROE5.2%2023-06-01 → 2024-05-31vStandaloneRate of return on equity (5-year summary)
ROE9.6%2022-06-01 → 2023-05-31vStandaloneRate of return on equity (5-year summary)
ROE10.7%2021-06-01 → 2022-05-31vStandaloneRate of return on equity (5-year summary)
Shares issued2,712,400at 2026-05-31StandaloneTotal number of issued shares (5-year summary)
Shares issued2,712,400at 2025-05-31StandaloneTotal number of issued shares (5-year summary)
Shares issued2,712,400at 2024-05-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued2,712,400at 2023-05-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued2,712,400at 2022-05-31vStandaloneTotal number of issued shares (5-year summary)
Employees125at 2026-05-31StandaloneNumber of employees
Employees121at 2025-05-31StandaloneNumber of employees
Employees126at 2024-05-31vStandaloneNumber of employees
Employees130at 2023-05-31vStandaloneNumber of employees
Employees127at 2022-05-31vStandaloneNumber 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 · 68
SegmentItemPeriodValue
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsdepreciation2025-06-01 → 2026-05-31¥550,000
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsemployeesat 2026-05-314 pure
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue external2025-06-01 → 2026-05-31¥83m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment assetsat 2026-05-31¥31m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment profit2025-06-01 → 2026-05-31−¥627,000
Reconciling Itemsreconcilingcapex2025-06-01 → 2026-05-31¥20m
Reconciling Itemsreconcilingdepreciation2025-06-01 → 2026-05-31¥25m
Reconciling Itemsreconcilingsegment assetsat 2026-05-31¥106m
Reconciling Itemsreconcilingsegment profit2025-06-01 → 2026-05-31−¥537m
Real Estate Buying And Sellingreportable segmentcapex2025-06-01 → 2026-05-31¥10m
Real Estate Buying And Sellingreportable segmentdepreciation2025-06-01 → 2026-05-31¥9m
Real Estate Buying And Sellingreportable segmentemployeesat 2026-05-3181 pure
Real Estate Buying And Sellingreportable segmentrevenue external2025-06-01 → 2026-05-31¥7.4bn
Real Estate Buying And Sellingreportable segmentsegment assetsat 2026-05-31¥5.1bn
Real Estate Buying And Sellingreportable segmentsegment profit2025-06-01 → 2026-05-31¥1.0bn
Real Estate Leasing Businessreportable segmentcapex2025-06-01 → 2026-05-31¥4m
Real Estate Leasing Businessreportable segmentdepreciation2025-06-01 → 2026-05-31¥11m
Real Estate Leasing Businessreportable segmentemployeesat 2026-05-3118 pure
Real Estate Leasing Businessreportable segmentrevenue external2025-06-01 → 2026-05-31¥223m
Real Estate Leasing Businessreportable segmentsegment assetsat 2026-05-31¥920m
Real Estate Leasing Businessreportable segmentsegment profit2025-06-01 → 2026-05-31¥60m
Real Estate Relatedreportable segmentdepreciation2025-06-01 → 2026-05-31¥187,000
Real Estate Relatedreportable segmentemployeesat 2026-05-312 pure
Real Estate Relatedreportable segmentrevenue external2025-06-01 → 2026-05-31¥34m
Real Estate Relatedreportable segmentsegment assetsat 2026-05-31¥98m
Real Estate Relatedreportable segmentsegment profit2025-06-01 → 2026-05-31¥16m
—segment totalcapex2025-06-01 → 2026-05-31¥14m
—segment totaldepreciation2025-06-01 → 2026-05-31¥20m
—segment totalrevenue external2025-06-01 → 2026-05-31¥7.7bn
—segment totalsegment assetsat 2026-05-31¥6.1bn
—segment totalsegment profit2025-06-01 → 2026-05-31¥1.1bn
Total Of Reportable Segments And Otherssegment totalcapex2025-06-01 → 2026-05-31¥14m
Total Of Reportable Segments And Otherssegment totaldepreciation2025-06-01 → 2026-05-31¥21m
Total Of Reportable Segments And Otherssegment totalrevenue external2025-06-01 → 2026-05-31¥7.7bn
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2026-05-31¥6.1bn
Total Of Reportable Segments And Otherssegment totalsegment profit2025-06-01 → 2026-05-31¥1.1bn
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsdepreciation2024-06-01 → 2025-05-31¥550,000
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue external2024-06-01 → 2025-05-31¥80m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment assetsat 2025-05-31¥36m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment profit2024-06-01 → 2025-05-31¥91,000
Reconciling Itemsreconcilingcapex2024-06-01 → 2025-05-31¥13m
Reconciling Itemsreconcilingdepreciation2024-06-01 → 2025-05-31¥14m
Reconciling Itemsreconcilingsegment assetsat 2025-05-31¥204m
Reconciling Itemsreconcilingsegment profit2024-06-01 → 2025-05-31−¥526m
Real Estate Buying And Sellingreportable segmentcapex2024-06-01 → 2025-05-31¥6m
Real Estate Buying And Sellingreportable segmentdepreciation2024-06-01 → 2025-05-31¥8m
Real Estate Buying And Sellingreportable segmentrevenue external2024-06-01 → 2025-05-31¥7.9bn
Real Estate Buying And Sellingreportable segmentsegment assetsat 2025-05-31¥5.2bn
Real Estate Buying And Sellingreportable segmentsegment profit2024-06-01 → 2025-05-31¥1000m
Real Estate Leasing Businessreportable segmentcapex2024-06-01 → 2025-05-31¥68m
Real Estate Leasing Businessreportable segmentdepreciation2024-06-01 → 2025-05-31¥18m
Real Estate Leasing Businessreportable segmentrevenue external2024-06-01 → 2025-05-31¥196m
Real Estate Leasing Businessreportable segmentsegment assetsat 2025-05-31¥701m
Real Estate Leasing Businessreportable segmentsegment profit2024-06-01 → 2025-05-31¥20m
Real Estate Relatedreportable segmentdepreciation2024-06-01 → 2025-05-31¥187,000
Real Estate Relatedreportable segmentrevenue external2024-06-01 → 2025-05-31¥36m
Real Estate Relatedreportable segmentsegment assetsat 2025-05-31¥27m
Real Estate Relatedreportable segmentsegment profit2024-06-01 → 2025-05-31¥18m
—segment totalcapex2024-06-01 → 2025-05-31¥74m
—segment totaldepreciation2024-06-01 → 2025-05-31¥27m
—segment totalrevenue external2024-06-01 → 2025-05-31¥8.1bn
—segment totalsegment assetsat 2025-05-31¥5.9bn
—segment totalsegment profit2024-06-01 → 2025-05-31¥1.0bn
Total Of Reportable Segments And Otherssegment totalcapex2024-06-01 → 2025-05-31¥74m
Total Of Reportable Segments And Otherssegment totaldepreciation2024-06-01 → 2025-05-31¥28m
Total Of Reportable Segments And Otherssegment totalrevenue external2024-06-01 → 2025-05-31¥8.2bn
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2025-05-31¥5.9bn
Total Of Reportable Segments And Otherssegment totalsegment profit2024-06-01 → 2025-05-31¥1.0bn

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

All source rows · 962
ItemContextValueUnit
Independent auditors report non consolidated (text)FilingDateInstantText · Plus
Audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)有限責任監査法人トーマツ
Cpa1 audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)荒 牧 秀 樹
Audit opinion non consolidated (text)FilingDateInstantText · Plus
Key audit matters non consolidated (text)FilingDateInstantText · Plus
Overview kam non consolidated (text)FilingDateInstantText · Plus
Short description kam non consolidatedFilingDateInstant_Row1Member
Original text (Japanese)販売用不動産等の評価
Description including reason kam non consolidated (text)FilingDateInstant_Row1MemberText · Plus
Reference kam non consolidatedFilingDateInstant_Row1Member
Original text (Japanese)注記事項「2.棚卸資産の評価基準及び評価方法(1)販売用不動産、仕掛販売用不動産等及び商品」
Reference2 kam non consolidatedFilingDateInstant_Row1Member
Original text (Japanese)注記事項「(重要な会計上の見積り)」
Auditors response kam non consolidated (text)FilingDateInstant_Row1MemberText · Plus
Other information non consolidated (text)FilingDateInstantText · Plus
Fee related information non consolidated (text)FilingDateInstantText · Plus
Number of submissionFilingDateInstant1
Net sales (5-year summary)Prior4YearDuration_NonConsolidatedMember7483283000JPY
Net sales (5-year summary)Prior3YearDuration_NonConsolidatedMember7673114000JPY
Net sales (5-year summary)Prior2YearDuration_NonConsolidatedMember7263972000JPY
Net sales (5-year summary)Prior1YearDuration_NonConsolidatedMember8185690000JPY
Net sales (5-year summary)CurrentYearDuration_NonConsolidatedMember7745109000JPY
Ordinary income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember567269000JPY
Ordinary income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember547694000JPY
Ordinary income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember309394000JPY
Ordinary income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember507484000JPY
Ordinary income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember589484000JPY
Net income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember387550000JPY
Net income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember376829000JPY
Net income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember212890000JPY
Net income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember343138000JPY
Net income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember395313000JPY
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_NonConsolidatedMember302889000JPY
Capital stock (5-year summary)Prior3YearInstant_NonConsolidatedMember302889000JPY
Capital stock (5-year summary)Prior2YearInstant_NonConsolidatedMember302889000JPY
Capital stock (5-year summary)Prior1YearInstant_NonConsolidatedMember302889000JPY
Capital stock (5-year summary)CurrentYearInstant_NonConsolidatedMember302889000JPY
Total number of issued shares (5-year summary)Prior4YearInstant_NonConsolidatedMember2712400
Total number of issued shares (5-year summary)Prior3YearInstant_NonConsolidatedMember2712400
Total number of issued shares (5-year summary)Prior2YearInstant_NonConsolidatedMember2712400
Total number of issued shares (5-year summary)Prior1YearInstant_NonConsolidatedMember2712400
Total number of issued shares (5-year summary)CurrentYearInstant_NonConsolidatedMember2712400
Net assets (5-year summary)Prior4YearInstant_NonConsolidatedMember3764893000JPY
Net assets (5-year summary)Prior3YearInstant_NonConsolidatedMember4074282000JPY
Net assets (5-year summary)Prior2YearInstant_NonConsolidatedMember4191441000JPY
Net assets (5-year summary)Prior1YearInstant_NonConsolidatedMember4428023000JPY
Net assets (5-year summary)CurrentYearInstant_NonConsolidatedMember4720643000JPY
Total assets (5-year summary)Prior4YearInstant_NonConsolidatedMember5366387000JPY

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 2025-05-31pass
balance sheet identitynon_consolidated 2026-05-31pass
dei present pass
period resolution pass
statement vs summary · net assetsnon_consolidated 2024-05-31pass
statement vs summary · net assetsnon_consolidated 2025-05-31pass
statement vs summary · net assetsnon_consolidated 2026-05-31pass
statement vs summary · operating cash flownon_consolidated 2024-06-01/2025-05-31pass
statement vs summary · operating cash flownon_consolidated 2025-06-01/2026-05-31pass
statement vs summary · revenuenon_consolidated 2024-06-01/2025-05-31pass
statement vs summary · revenuenon_consolidated 2025-06-01/2026-05-31pass
statement vs summary · total assetsnon_consolidated 2025-05-31pass
statement vs summary · total assetsnon_consolidated 2026-05-31pass