Annual report

Period2025-07-01 → 2026-06-30
Filed2026-09-28
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 154
MetricValuePeriodScopeSource row
Revenue¥5.5bn2025-07-01 → 2026-06-30Cons.Net sales
Revenue¥8.4bn2024-07-01 → 2025-06-30Cons.Net sales
Revenue¥5.2bn2023-07-01 → 2024-06-30vCons.Net sales (5-year summary)
Revenue¥8.6bn2022-07-01 → 2023-06-30vCons.Net sales (5-year summary)
Revenue¥10.8bn2021-07-01 → 2022-06-30vCons.Net sales (5-year summary)
Operating income¥190m2025-07-01 → 2026-06-30Cons.Operating income
Operating income¥166m2024-07-01 → 2025-06-30Cons.Operating income
Ordinary income¥107m2025-07-01 → 2026-06-30Cons.Ordinary income
Ordinary income¥96m2024-07-01 → 2025-06-30Cons.Ordinary income
Ordinary income−¥332m2023-07-01 → 2024-06-30vCons.Ordinary income loss (5-year summary)
Ordinary income¥273m2022-07-01 → 2023-06-30vCons.Ordinary income loss (5-year summary)
Ordinary income¥95m2021-07-01 → 2022-06-30vCons.Ordinary income loss (5-year summary)
Profit before tax¥107m2025-07-01 → 2026-06-30Cons.Income before income taxes
Profit before tax¥160m2024-07-01 → 2025-06-30Cons.Income before income taxes
Net income (owners)¥51m2025-07-01 → 2026-06-30Cons.Profit loss attributable to owners of parent
Net income (owners)¥117m2024-07-01 → 2025-06-30Cons.Profit loss attributable to owners of parent
Net income (owners)−¥387m2023-07-01 → 2024-06-30vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥193m2022-07-01 → 2023-06-30vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥58m2021-07-01 → 2022-06-30vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥56m2025-07-01 → 2026-06-30Cons.Profit loss
Net income¥118m2024-07-01 → 2025-06-30Cons.Profit loss
Total assets¥6.7bnat 2026-06-30Cons.Assets
Total assets¥5.5bnat 2025-06-30Cons.Assets
Total assets¥6.0bnat 2024-06-30vCons.Total assets (5-year summary)
Total assets¥5.3bnat 2023-06-30vCons.Total assets (5-year summary)
Total assets¥5.0bnat 2022-06-30vCons.Total assets (5-year summary)
Total liabilities¥4.1bnat 2026-06-30Cons.Liabilities
Total liabilities¥3.1bnat 2025-06-30Cons.Liabilities
Net assets / equity¥2.6bnat 2026-06-30Cons.Net assets
Net assets / equity¥2.3bnat 2025-06-30Cons.Net assets
Net assets / equity¥1.8bnat 2024-06-30vCons.Net assets
Net assets / equity¥2.2bnat 2023-06-30vCons.Net assets (5-year summary)
Net assets / equity¥2.0bnat 2022-06-30vCons.Net assets (5-year summary)
Cash and deposits¥2.2bnat 2026-06-30Cons.Cash and deposits
Cash and deposits¥1.3bnat 2025-06-30Cons.Cash and deposits
Cash & equivalents¥2.1bnat 2026-06-30Cons.Cash and cash equivalents
Cash & equivalents¥1.3bnat 2025-06-30Cons.Cash and cash equivalents
Cash & equivalents¥1.0bnat 2024-06-30vCons.Cash and cash equivalents
Cash & equivalents¥2.0bnat 2023-06-30vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥855mat 2022-06-30vCons.Cash and cash equivalents (5-year summary)
Operating cash flow−¥168m2025-07-01 → 2026-06-30Cons.Net cash provided by used in operating activities
Operating cash flow¥1.0bn2024-07-01 → 2025-06-30Cons.Net cash provided by used in operating activities
Operating cash flow−¥825m2023-07-01 → 2024-06-30vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.2bn2022-07-01 → 2023-06-30vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥2.8bn2021-07-01 → 2022-06-30vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥92m2025-07-01 → 2026-06-30Cons.Net cash provided by used in investment activities
Investing cash flow−¥39m2024-07-01 → 2025-06-30Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.2bn2023-07-01 → 2024-06-30vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥21m2022-07-01 → 2023-06-30vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow¥10m2021-07-01 → 2022-06-30vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥1.1bn2025-07-01 → 2026-06-30Cons.Net cash provided by used in financing activities
Financing cash flow−¥717m2024-07-01 → 2025-06-30Cons.Net cash provided by used in financing activities
Financing cash flow¥1.1bn2023-07-01 → 2024-06-30vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥32m2022-07-01 → 2023-06-30vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥2.5bn2021-07-01 → 2022-06-30vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥11.862025-07-01 → 2026-06-30Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥33.22024-07-01 → 2025-06-30Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-112.532023-07-01 → 2024-06-30vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥56.082022-07-01 → 2023-06-30vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥16.832021-07-01 → 2022-06-30vCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥11.852025-07-01 → 2026-06-30Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥32.242024-07-01 → 2025-06-30Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥56.042022-07-01 → 2023-06-30vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥16.82021-07-01 → 2022-06-30vCons.Diluted earnings per share (5-year summary)
Net assets per share¥601.71at 2026-06-30Cons.Net assets per share (5-year summary)
Net assets per share¥584.21at 2025-06-30Cons.Net assets per share (5-year summary)
Net assets per share¥514.68at 2024-06-30vCons.Net assets per share (5-year summary)
Net assets per share¥639.47at 2023-06-30vCons.Net assets per share (5-year summary)
Net assets per share¥594.68at 2022-06-30vCons.Net assets per share (5-year summary)
Equity ratio39.4%at 2026-06-30Cons.Equity to asset ratio (5-year summary)
Equity ratio42.7%at 2025-06-30Cons.Equity to asset ratio (5-year summary)
Equity ratio29.7%at 2024-06-30vCons.Equity to asset ratio (5-year summary)
Equity ratio41.6%at 2023-06-30vCons.Equity to asset ratio (5-year summary)
Equity ratio40.5%at 2022-06-30vCons.Equity to asset ratio (5-year summary)
ROE2.0%2025-07-01 → 2026-06-30Cons.Rate of return on equity (5-year summary)
ROE5.7%2024-07-01 → 2025-06-30Cons.Rate of return on equity (5-year summary)
ROE9.1%2022-07-01 → 2023-06-30vCons.Rate of return on equity (5-year summary)
ROE2.8%2021-07-01 → 2022-06-30vCons.Rate of return on equity (5-year summary)
Employees227at 2026-06-30Cons.Number of employees
Employees219at 2025-06-30Cons.Number of employees
Employees215at 2024-06-30vCons.Number of employees
Employees219at 2023-06-30vCons.Number of employees
Employees150at 2022-06-30vCons.Number of employees
Revenue¥4.8bn2025-07-01 → 2026-06-30StandaloneNet sales
Revenue¥7.8bn2024-07-01 → 2025-06-30StandaloneNet sales
Revenue¥4.6bn2023-07-01 → 2024-06-30vStandaloneNet sales (5-year summary)
Revenue¥8.2bn2022-07-01 → 2023-06-30vStandaloneNet sales (5-year summary)
Revenue¥10.4bn2021-07-01 → 2022-06-30vStandaloneNet sales (5-year summary)
Operating income¥194m2025-07-01 → 2026-06-30StandaloneOperating income
Operating income¥149m2024-07-01 → 2025-06-30StandaloneOperating income
Ordinary income¥93m2025-07-01 → 2026-06-30StandaloneOrdinary income
Ordinary income¥86m2024-07-01 → 2025-06-30StandaloneOrdinary income
Ordinary income−¥354m2023-07-01 → 2024-06-30vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥276m2022-07-01 → 2023-06-30vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥61m2021-07-01 → 2022-06-30vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥93m2025-07-01 → 2026-06-30StandaloneIncome before income taxes
Profit before tax¥150m2024-07-01 → 2025-06-30StandaloneIncome before income taxes
Net income¥52m2025-07-01 → 2026-06-30StandaloneProfit loss
Net income¥117m2024-07-01 → 2025-06-30StandaloneProfit loss
Net income−¥392m2023-07-01 → 2024-06-30vStandaloneNet income loss (5-year summary)
Net income¥214m2022-07-01 → 2023-06-30vStandaloneNet income loss (5-year summary)
Net income¥31m2021-07-01 → 2022-06-30vStandaloneNet income loss (5-year summary)
Total assets¥6.6bnat 2026-06-30StandaloneAssets
Total assets¥5.4bnat 2025-06-30StandaloneAssets
Total assets¥5.9bnat 2024-06-30vStandaloneTotal assets (5-year summary)
Total assets¥5.2bnat 2023-06-30vStandaloneTotal assets (5-year summary)
Total assets¥5.0bnat 2022-06-30vStandaloneTotal assets (5-year summary)
Total liabilities¥4.0bnat 2026-06-30StandaloneLiabilities
Total liabilities¥3.1bnat 2025-06-30StandaloneLiabilities
Net assets / equity¥2.6bnat 2026-06-30StandaloneNet assets
Net assets / equity¥2.3bnat 2025-06-30StandaloneNet assets
Net assets / equity¥1.8bnat 2024-06-30vStandaloneNet assets
Net assets / equity¥2.2bnat 2023-06-30vStandaloneNet assets (5-year summary)
Net assets / equity¥2.0bnat 2022-06-30vStandaloneNet assets (5-year summary)
Cash and deposits¥1.9bnat 2026-06-30StandaloneCash and deposits
Cash and deposits¥1.2bnat 2025-06-30StandaloneCash and deposits
EPS (basic)¥12.182025-07-01 → 2026-06-30StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥332024-07-01 → 2025-06-30StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-114.042023-07-01 → 2024-06-30vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥62.332022-07-01 → 2023-06-30vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥9.142021-07-01 → 2022-06-30vStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥12.182025-07-01 → 2026-06-30StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥32.052024-07-01 → 2025-06-30StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥62.292022-07-01 → 2023-06-30vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥9.122021-07-01 → 2022-06-30vStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥12.52025-07-01 → 2026-06-30StandaloneDividend paid per share (5-year summary)
Dividend per share¥12.52024-07-01 → 2025-06-30StandaloneDividend paid per share (5-year summary)
Dividend per share¥12.52023-07-01 → 2024-06-30vStandaloneDividend paid per share (5-year summary)
Dividend per share¥12.52022-07-01 → 2023-06-30vStandaloneDividend paid per share (5-year summary)
Dividend per share¥122021-07-01 → 2022-06-30vStandaloneDividend paid per share (5-year summary)
Net assets per share¥595.99at 2026-06-30StandaloneNet assets per share (5-year summary)
Net assets per share¥576.8at 2025-06-30StandaloneNet assets per share (5-year summary)
Net assets per share¥506.28at 2024-06-30vStandaloneNet assets per share (5-year summary)
Net assets per share¥632.18at 2023-06-30vStandaloneNet assets per share (5-year summary)
Net assets per share¥581.93at 2022-06-30vStandaloneNet assets per share (5-year summary)
Equity ratio39.7%at 2026-06-30StandaloneEquity to asset ratio (5-year summary)
Equity ratio42.8%at 2025-06-30StandaloneEquity to asset ratio (5-year summary)
Equity ratio29.7%at 2024-06-30vStandaloneEquity to asset ratio (5-year summary)
Equity ratio42.0%at 2023-06-30vStandaloneEquity to asset ratio (5-year summary)
Equity ratio40.3%at 2022-06-30vStandaloneEquity to asset ratio (5-year summary)
ROE2.1%2025-07-01 → 2026-06-30StandaloneRate of return on equity (5-year summary)
ROE5.7%2024-07-01 → 2025-06-30StandaloneRate of return on equity (5-year summary)
ROE10.3%2022-07-01 → 2023-06-30vStandaloneRate of return on equity (5-year summary)
ROE1.6%2021-07-01 → 2022-06-30vStandaloneRate of return on equity (5-year summary)
Shares issued4,378,250at 2026-06-30StandaloneTotal number of issued shares (5-year summary)
Shares issued4,008,800at 2025-06-30StandaloneTotal number of issued shares (5-year summary)
Shares issued3,456,900at 2024-06-30vStandaloneTotal number of issued shares (5-year summary)
Shares issued3,433,500at 2023-06-30vStandaloneTotal number of issued shares (5-year summary)
Shares issued3,432,900at 2022-06-30vStandaloneTotal number of issued shares (5-year summary)
Employees25at 2026-06-30StandaloneNumber of employees
Employees23at 2025-06-30StandaloneNumber of employees
Employees27at 2024-06-30vStandaloneNumber of employees
Employees36at 2023-06-30vStandaloneNumber of employees
Employees48at 2022-06-30vStandaloneNumber 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 · 41
SegmentItemPeriodValue
Reconciling Itemsreconcilingsegment profit2025-07-01 → 2026-06-30−¥7m
Overseas Real Estatereportable segmentdepreciation2025-07-01 → 2026-06-30¥455,000
Overseas Real Estatereportable segmentemployeesat 2026-06-30188 pure
Overseas Real Estatereportable segmentrevenue2025-07-01 → 2026-06-30¥404m
Overseas Real Estatereportable segmentrevenue external2025-07-01 → 2026-06-30¥404m
Overseas Real Estatereportable segmentsegment profit2025-07-01 → 2026-06-30−¥16m
Real Estate Managementreportable segmentdepreciation2025-07-01 → 2026-06-30¥10m
Real Estate Managementreportable segmentemployeesat 2026-06-3018 pure
Real Estate Managementreportable segmentrevenue2025-07-01 → 2026-06-30¥1.2bn
Real Estate Managementreportable segmentrevenue external2025-07-01 → 2026-06-30¥1.2bn
Real Estate Managementreportable segmentsegment profit2025-07-01 → 2026-06-30¥41m
Real Estate Salesreportable segmentdepreciation2025-07-01 → 2026-06-30¥23m
Real Estate Salesreportable segmentemployeesat 2026-06-307 pure
Real Estate Salesreportable segmentrevenue2025-07-01 → 2026-06-30¥3.9bn
Real Estate Salesreportable segmentrevenue external2025-07-01 → 2026-06-30¥3.9bn
Real Estate Salesreportable segmentsegment profit2025-07-01 → 2026-06-30¥173m
—segment totaldepreciation2025-07-01 → 2026-06-30¥33m
—segment totalemployeesat 2026-06-30213 pure
—segment totalrevenue2025-07-01 → 2026-06-30¥5.5bn
—segment totalrevenue external2025-07-01 → 2026-06-30¥5.5bn
—segment totalsegment profit2025-07-01 → 2026-06-30¥197m
Reconciling Itemsreconcilingsegment profit2024-07-01 → 2025-06-30¥10m
Overseas Real Estatereportable segmentdepreciation2024-07-01 → 2025-06-30¥712,000
Overseas Real Estatereportable segmentrevenue2024-07-01 → 2025-06-30¥342m
Overseas Real Estatereportable segmentrevenue external2024-07-01 → 2025-06-30¥342m
Overseas Real Estatereportable segmentsegment profit2024-07-01 → 2025-06-30−¥13m
Real Estate Managementreportable segmentdepreciation2024-07-01 → 2025-06-30¥19m
Real Estate Managementreportable segmentrevenue2024-07-01 → 2025-06-30¥1.1bn
Real Estate Managementreportable segmentrevenue external2024-07-01 → 2025-06-30¥1.1bn
Real Estate Managementreportable segmentsegment profit2024-07-01 → 2025-06-30¥66m
Real Estate Salesreportable segmentdepreciation2024-07-01 → 2025-06-30¥22m
Real Estate Salesreportable segmentrevenue2024-07-01 → 2025-06-30¥6.9bn
Real Estate Salesreportable segmentrevenue external2024-07-01 → 2025-06-30¥6.9bn
Real Estate Salesreportable segmentsegment profit2024-07-01 → 2025-06-30¥103m
—segment totaldepreciation2024-07-01 → 2025-06-30¥42m
—segment totalrevenue2024-07-01 → 2025-06-30¥8.4bn
—segment totalrevenue external2024-07-01 → 2025-06-30¥8.4bn
—segment totalsegment profit2024-07-01 → 2025-06-30¥156m
Real Estate Managementreportable segmentemployeesat 2026-06-304 pure
Real Estate Salesreportable segmentemployeesat 2026-06-307 pure
—segment totalemployeesat 2026-06-3011 pure

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

All source rows · 1,424
ItemContextValueUnit
Independent auditors report consolidated (text)FilingDateInstantText · Plus
Audit firm1 consolidatedFilingDateInstant
Original text (Japanese)東邦監査法人
Cpa1 audit firm1 consolidatedFilingDateInstant
Original text (Japanese)小山 雄司
Cpa2 audit firm1 consolidatedFilingDateInstant
Original text (Japanese)石田 雄樹
Audit opinion consolidated (text)FilingDateInstantText · Plus
Key audit matters consolidated (text)FilingDateInstantText · Plus
Overview kam consolidated (text)FilingDateInstantText · Plus
Short description kam consolidatedFilingDateInstant_Row1Member
Original text (Japanese)1棟売却等の不動産販売取引に係る収益認識の適切性
Description including reason kam consolidated (text)FilingDateInstant_Row1MemberText · Plus
Reference kam consolidatedFilingDateInstant_Row1Member
Original text (Japanese)注記事項(セグメント情報等)
Auditors response kam consolidated (text)FilingDateInstant_Row1MemberText · Plus
Other information consolidated (text)FilingDateInstantText · Plus
Fee related information consolidated (text)FilingDateInstantText · Plus
Independent auditors report non consolidated (text)FilingDateInstantText · Plus
Audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)東邦監査法人
Cpa1 audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)小山 雄司
Cpa2 audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)石田 雄樹
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)1棟売却等の不動産販売取引に係る収益認識の適切性
Same as kam for consolidated fskam 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)Prior4YearDuration10756498000JPY
Net sales (5-year summary)Prior3YearDuration8627015000JPY
Net sales (5-year summary)Prior2YearDuration5172911000JPY
Net sales (5-year summary)Prior1YearDuration8367950000JPY
Net sales (5-year summary)CurrentYearDuration5522351000JPY
Ordinary income loss (5-year summary)Prior4YearDuration95393000JPY
Ordinary income loss (5-year summary)Prior3YearDuration272751000JPY
Ordinary income loss (5-year summary)Prior2YearDuration-331706000JPY
Ordinary income loss (5-year summary)Prior1YearDuration96202000JPY
Ordinary income loss (5-year summary)CurrentYearDuration107467000JPY
Profit loss attributable to owners of parent (5-year summary)Prior4YearDuration57754000JPY
Profit loss attributable to owners of parent (5-year summary)Prior3YearDuration192507000JPY
Profit loss attributable to owners of parent (5-year summary)Prior2YearDuration-386720000JPY
Profit loss attributable to owners of parent (5-year summary)Prior1YearDuration117396000JPY
Profit loss attributable to owners of parent (5-year summary)CurrentYearDuration51001000JPY
Comprehensive income (5-year summary)Prior4YearDuration51845000JPY
Comprehensive income (5-year summary)Prior3YearDuration194620000JPY
Comprehensive income (5-year summary)Prior2YearDuration-381643000JPY
Comprehensive income (5-year summary)Prior1YearDuration118301000JPY
Comprehensive income (5-year summary)CurrentYearDuration54424000JPY
Net assets (5-year summary)Prior4YearInstant2046789000JPY
Net assets (5-year summary)Prior3YearInstant2201703000JPY
Net assets (5-year summary)Prior2YearInstant1788171000JPY
Net assets (5-year summary)Prior1YearInstant2348141000JPY
Net assets (5-year summary)CurrentYearInstant2641879000JPY

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 · 24 of 24 passed
balance sheet identityconsolidated 2025-06-30pass
balance sheet identityconsolidated 2026-06-30pass
balance sheet identitynon_consolidated 2025-06-30pass
balance sheet identitynon_consolidated 2026-06-30pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2024-06-30pass
statement vs summary · net assetsconsolidated 2025-06-30pass
statement vs summary · net assetsconsolidated 2026-06-30pass
statement vs summary · net assetsnon_consolidated 2024-06-30pass
statement vs summary · net assetsnon_consolidated 2025-06-30pass
statement vs summary · net assetsnon_consolidated 2026-06-30pass
statement vs summary · net income attributable to parentconsolidated 2024-07-01/2025-06-30pass
statement vs summary · net income attributable to parentconsolidated 2025-07-01/2026-06-30pass
statement vs summary · operating cash flowconsolidated 2024-07-01/2025-06-30pass
statement vs summary · operating cash flowconsolidated 2025-07-01/2026-06-30pass
statement vs summary · revenueconsolidated 2024-07-01/2025-06-30pass
statement vs summary · revenueconsolidated 2025-07-01/2026-06-30pass
statement vs summary · revenuenon_consolidated 2024-07-01/2025-06-30pass
statement vs summary · revenuenon_consolidated 2025-07-01/2026-06-30pass
statement vs summary · total assetsconsolidated 2025-06-30pass
statement vs summary · total assetsconsolidated 2026-06-30pass
statement vs summary · total assetsnon_consolidated 2025-06-30pass
statement vs summary · total assetsnon_consolidated 2026-06-30pass