Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-25
StandardIFRS
ConsolidatedYes
Data checks21 of 21 passed
Key figures · 151
MetricValuePeriodScopeSource row
Revenue¥20.1bn2025-04-01 → 2026-03-31Cons.Revenue IFRS
Revenue¥17.5bn2024-04-01 → 2025-03-31Cons.Revenue IFRS
Revenue¥12.7bn2023-04-01 → 2024-03-31vCons.Revenue IFRS (5-year summary)
Revenue¥14.8bn2022-04-01 → 2023-03-31vCons.Revenue IFRS (5-year summary)
Revenue¥16.1bn2021-04-01 → 2022-03-31vCons.Revenue IFRS (5-year summary)
Operating income¥2.5bn2025-04-01 → 2026-03-31Cons.Operating profit loss IFRS
Operating income¥1.6bn2024-04-01 → 2025-03-31Cons.Operating profit loss IFRS
Profit before tax¥2.3bn2025-04-01 → 2026-03-31Cons.Profit loss before tax IFRS
Profit before tax¥1.5bn2024-04-01 → 2025-03-31Cons.Profit loss before tax IFRS
Profit before tax¥653m2023-04-01 → 2024-03-31vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax¥1.4bn2022-04-01 → 2023-03-31vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax¥2.1bn2021-04-01 → 2022-03-31vCons.Profit loss before tax IFRS (5-year summary)
Net income (owners)¥1.7bn2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥975m2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥410m2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥1.0bn2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥1.5bn2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income¥1.7bn2025-04-01 → 2026-03-31Cons.Profit loss IFRS
Net income¥973m2024-04-01 → 2025-03-31Cons.Profit loss IFRS
Total assets¥32.0bnat 2026-03-31Cons.Assets IFRS
Total assets¥30.0bnat 2025-03-31Cons.Assets IFRS
Total assets¥20.7bnat 2024-03-31vCons.Total assets IFRS (5-year summary)
Total assets¥21.3bnat 2023-03-31vCons.Total assets IFRS (5-year summary)
Total assets¥22.5bnat 2022-03-31vCons.Total assets IFRS (5-year summary)
Total liabilities¥15.1bnat 2026-03-31Cons.Liabilities IFRS
Total liabilities¥14.1bnat 2025-03-31Cons.Liabilities IFRS
Net assets / equity¥16.9bnat 2026-03-31Cons.Equity IFRS
Net assets / equity¥15.8bnat 2025-03-31Cons.Equity IFRS
Net assets / equity¥15.3bnat 2024-03-31vCons.Equity IFRS
Equity (owners)¥16.9bnat 2026-03-31Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥15.8bnat 2025-03-31Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥15.3bnat 2024-03-31vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥15.5bnat 2023-03-31vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥15.1bnat 2022-03-31vCons.Equity attributable to owners of parent IFRS (5-year summary)
Cash & equivalents¥3.0bnat 2026-03-31Cons.Cash and cash equivalents IFRS
Cash & equivalents¥2.9bnat 2025-03-31Cons.Cash and cash equivalents IFRS
Cash & equivalents¥1.8bnat 2024-03-31vCons.Cash and cash equivalents IFRS
Cash & equivalents¥2.1bnat 2023-03-31vCons.Cash and cash equivalents IFRS (5-year summary)
Cash & equivalents¥3.5bnat 2022-03-31vCons.Cash and cash equivalents IFRS (5-year summary)
Operating cash flow¥2.3bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥849m2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥2.0bn2023-04-01 → 2024-03-31vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥686m2022-04-01 → 2023-03-31vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥836m2021-04-01 → 2022-03-31vCons.Cash flows from used in operating activities IFRS (5-year summary)
Investing cash flow−¥1.2bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥4.3bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥626m2023-04-01 → 2024-03-31vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥660m2022-04-01 → 2023-03-31vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥818m2021-04-01 → 2022-03-31vCons.Cash flows from used in investing activities IFRS (5-year summary)
Financing cash flow−¥1.1bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities IFRS
Financing cash flow¥4.5bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities IFRS
Financing cash flow−¥1.6bn2023-04-01 → 2024-03-31vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow−¥1.4bn2022-04-01 → 2023-03-31vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow−¥1.3bn2021-04-01 → 2022-03-31vCons.Cash flows from used in financing activities IFRS (5-year summary)
EPS (basic)¥126.242025-04-01 → 2026-03-31Cons.Basic earnings loss per share IFRS
EPS (basic)¥70.172024-04-01 → 2025-03-31Cons.Basic earnings loss per share IFRS
EPS (basic)¥29.462023-04-01 → 2024-03-31vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥72.492022-04-01 → 2023-03-31vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥105.362021-04-01 → 2022-03-31vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (diluted)¥72.492022-04-01 → 2023-03-31vCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥105.352021-04-01 → 2022-03-31vCons.Diluted earnings loss per share IFRS (5-year summary)
Net assets per share¥1,247.22at 2026-03-31Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥1,137.85at 2025-03-31Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥1,100.69at 2024-03-31vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥1,117.56at 2023-03-31vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥1,088.87at 2022-03-31vCons.Equity to asset ratio IFRS (5-year summary)
Equity ratio52.9%at 2026-03-31Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio52.9%at 2025-03-31Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio74.0%at 2024-03-31vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio73.0%at 2023-03-31vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio67.2%at 2022-03-31vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
ROE10.5%2025-04-01 → 2026-03-31Cons.Rate of return on equity IFRS (5-year summary)
ROE6.3%2024-04-01 → 2025-03-31Cons.Rate of return on equity IFRS (5-year summary)
ROE2.7%2023-04-01 → 2024-03-31vCons.Rate of return on equity IFRS (5-year summary)
ROE6.6%2022-04-01 → 2023-03-31vCons.Rate of return on equity IFRS (5-year summary)
ROE9.8%2021-04-01 → 2022-03-31vCons.Rate of return on equity IFRS (5-year summary)
Employees358at 2026-03-31Cons.Number of employees
Employees259at 2025-03-31Cons.Number of employees
Employees144at 2024-03-31vCons.Number of employees
Employees149at 2023-03-31vCons.Number of employees
Employees144at 2022-03-31vCons.Number of employees
Revenue¥14.6bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥13.8bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥12.7bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥14.1bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥15.9bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income¥898m2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥292m2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥852m2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥190m2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥198m2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥994m2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.7bn2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥844m2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥182m2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥427m2025-04-01 → 2026-03-31StandaloneProfit loss
Net income−¥50m2024-04-01 → 2025-03-31StandaloneProfit loss
Net income−¥29m2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥506m2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥1.0bn2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥22.0bnat 2026-03-31StandaloneAssets
Total assets¥20.6bnat 2025-03-31StandaloneAssets
Total assets¥15.7bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥16.7bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥18.2bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥12.1bnat 2026-03-31StandaloneLiabilities
Total liabilities¥10.4bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥9.9bnat 2026-03-31StandaloneNet assets
Net assets / equity¥10.2bnat 2025-03-31StandaloneNet assets
Net assets / equity¥10.7bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥11.4bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥11.4bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥2.2bnat 2026-03-31StandaloneCash and deposits
Cash and deposits¥1.7bnat 2025-03-31StandaloneCash and deposits
EPS (basic)¥31.382025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-3.612024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-2.072023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥36.432022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥72.842021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥36.432022-04-01 → 2023-03-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥72.832021-04-01 → 2022-03-31vStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥342025-04-01 → 2026-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥322024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥322023-04-01 → 2024-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥322022-04-01 → 2023-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥432021-04-01 → 2022-03-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥732.14at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥732at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥768.09at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥816.54at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥823.66at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio45.1%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio49.4%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio68.0%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio67.9%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio63.0%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE4.2%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE-0.5%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE-0.3%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE4.4%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE8.9%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued14,103,000at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued14,103,000at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued14,103,000at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued14,103,000at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued14,103,000at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees145at 2026-03-31StandaloneNumber of employees
Employees160at 2025-03-31StandaloneNumber of employees
Employees143at 2024-03-31vStandaloneNumber of employees
Employees148at 2023-03-31vStandaloneNumber of employees
Employees143at 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.

All source rows · 1,568
ItemContextValueUnit
Other expenses IFRSPrior1YearDuration54251000JPY
Other expenses IFRSCurrentYearDuration262601000JPY
Financial assets measured at amortized cost interest income IFRSPrior1YearDuration4539000JPY
Financial assets measured at amortized cost interest income IFRSCurrentYearDuration11652000JPY
Equity instruments measured at fair value through other comprehensive income IFRSPrior1YearDuration5935000JPY
Equity instruments measured at fair value through other comprehensive income IFRSCurrentYearDuration11913000JPY
Finance income IFRSPrior1YearDuration10475000JPY
Finance income IFRSCurrentYearDuration23565000JPY
Financial liabilities measured at amortized cost interest expenses IFRSPrior1YearDuration109695000JPY
Financial liabilities measured at amortized cost interest expenses IFRSCurrentYearDuration160023000JPY
Lease obligations interest expenses IFRSPrior1YearDuration13752000JPY
Lease obligations interest expenses IFRSCurrentYearDuration17387000JPY
Other finance costs IFRSPrior1YearDuration10873000JPY
Other finance costs IFRSCurrentYearDuration20882000JPY
Finance costs IFRSPrior1YearDuration134321000JPY
Finance costs IFRSCurrentYearDuration198293000JPY
Cash and depositsPrior1YearInstant_NonConsolidatedMember1732798000JPY
Cash and depositsCurrentYearInstant_NonConsolidatedMember2210138000JPY
Notes receivable tradePrior1YearInstant_NonConsolidatedMember135163000JPY
Notes receivable tradeCurrentYearInstant_NonConsolidatedMember20363000JPY
Electronically recorded monetary claims operating caPrior1YearInstant_NonConsolidatedMember430534000JPY
Electronically recorded monetary claims operating caCurrentYearInstant_NonConsolidatedMember222286000JPY
Accounts receivable tradePrior1YearInstant_NonConsolidatedMember3754730000JPY
Accounts receivable tradeCurrentYearInstant_NonConsolidatedMember1890739000JPY
Merchandise and finished goodsPrior1YearInstant_NonConsolidatedMember1421114000JPY
Merchandise and finished goodsCurrentYearInstant_NonConsolidatedMember2055599000JPY
Work in processPrior1YearInstant_NonConsolidatedMember485486000JPY
Work in processCurrentYearInstant_NonConsolidatedMember412796000JPY
Raw materials and suppliesPrior1YearInstant_NonConsolidatedMember513298000JPY
Raw materials and suppliesCurrentYearInstant_NonConsolidatedMember590805000JPY
Prepaid expensesPrior1YearInstant_NonConsolidatedMember41843000JPY
Prepaid expensesCurrentYearInstant_NonConsolidatedMember44565000JPY
Accounts receivable otherPrior1YearInstant_NonConsolidatedMember10300000JPY
Accounts receivable otherCurrentYearInstant_NonConsolidatedMember59545000JPY
Other caPrior1YearInstant_NonConsolidatedMember447746000JPY
Other caCurrentYearInstant_NonConsolidatedMember293151000JPY
Allowance for doubtful accounts caPrior1YearInstant_NonConsolidatedMember-12693000JPY
Allowance for doubtful accounts caCurrentYearInstant_NonConsolidatedMember-1539000JPY
Current assetsPrior1YearInstant_NonConsolidatedMember8960323000JPY
Current assetsCurrentYearInstant_NonConsolidatedMember7798452000JPY
Buildings netPrior1YearInstant_NonConsolidatedMember264926000JPY
Buildings netCurrentYearInstant_NonConsolidatedMember632563000JPY
Structures netPrior1YearInstant_NonConsolidatedMember180653000JPY
Structures netCurrentYearInstant_NonConsolidatedMember175581000JPY
Machinery and equipment netPrior1YearInstant_NonConsolidatedMember114375000JPY
Machinery and equipment netCurrentYearInstant_NonConsolidatedMember84117000JPY
Vehicles netPrior1YearInstant_NonConsolidatedMember6595000JPY
Vehicles netCurrentYearInstant_NonConsolidatedMember11475000JPY
Tools furniture and fixtures netPrior1YearInstant_NonConsolidatedMember58501000JPY
Tools furniture and fixtures netCurrentYearInstant_NonConsolidatedMember67148000JPY

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 rounding
balance sheet identitynon_consolidated 2025-03-31pass
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 · 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