Annual report

Period2024-11-01 → 2025-10-31
Filed2026-01-26
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 158
MetricValuePeriodScopeSource row
Revenue¥76.0bn2024-11-01 → 2025-10-31Cons.Net sales
Revenue¥69.5bn2023-11-01 → 2024-10-31Cons.Net sales
Revenue¥63.8bn2022-11-01 → 2023-10-31vCons.Net sales (5-year summary)
Revenue¥57.9bn2021-11-01 → 2022-10-31vCons.Net sales (5-year summary)
Revenue¥52.8bn2020-11-01 → 2021-10-31vCons.Net sales (5-year summary)
Operating income¥7.7bn2024-11-01 → 2025-10-31Cons.Operating income
Operating income¥8.1bn2023-11-01 → 2024-10-31Cons.Operating income
Ordinary income¥7.3bn2024-11-01 → 2025-10-31Cons.Ordinary income
Ordinary income¥7.9bn2023-11-01 → 2024-10-31Cons.Ordinary income
Ordinary income¥7.1bn2022-11-01 → 2023-10-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥6.2bn2021-11-01 → 2022-10-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥5.2bn2020-11-01 → 2021-10-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥7.5bn2024-11-01 → 2025-10-31Cons.Income before income taxes
Profit before tax¥11.0bn2023-11-01 → 2024-10-31Cons.Income before income taxes
Net income (owners)¥5.2bn2024-11-01 → 2025-10-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥7.5bn2023-11-01 → 2024-10-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥4.8bn2022-11-01 → 2023-10-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥4.3bn2021-11-01 → 2022-10-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥3.3bn2020-11-01 → 2021-10-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥5.2bn2024-11-01 → 2025-10-31Cons.Profit loss
Net income¥7.5bn2023-11-01 → 2024-10-31Cons.Profit loss
Total assets¥88.9bnat 2025-10-31Cons.Assets
Total assets¥80.0bnat 2024-10-31Cons.Assets
Total assets¥66.6bnat 2023-10-31vCons.Total assets (5-year summary)
Total assets¥58.9bnat 2022-10-31vCons.Total assets (5-year summary)
Total assets¥50.3bnat 2021-10-31vCons.Total assets (5-year summary)
Total liabilities¥47.3bnat 2025-10-31Cons.Liabilities
Total liabilities¥42.1bnat 2024-10-31Cons.Liabilities
Net assets / equity¥41.6bnat 2025-10-31Cons.Net assets
Net assets / equity¥37.9bnat 2024-10-31Cons.Net assets
Net assets / equity¥31.0bnat 2023-10-31vCons.Net assets
Net assets / equity¥26.8bnat 2022-10-31vCons.Net assets (5-year summary)
Net assets / equity¥23.2bnat 2021-10-31vCons.Net assets (5-year summary)
Cash and deposits¥17.4bnat 2025-10-31Cons.Cash and deposits
Cash and deposits¥17.3bnat 2024-10-31Cons.Cash and deposits
Cash & equivalents¥17.3bnat 2025-10-31Cons.Cash and cash equivalents
Cash & equivalents¥17.2bnat 2024-10-31Cons.Cash and cash equivalents
Cash & equivalents¥11.7bnat 2023-10-31vCons.Cash and cash equivalents
Cash & equivalents¥14.6bnat 2022-10-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥12.7bnat 2021-10-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥6.8bn2024-11-01 → 2025-10-31Cons.Net cash provided by used in operating activities
Operating cash flow¥8.2bn2023-11-01 → 2024-10-31Cons.Net cash provided by used in operating activities
Operating cash flow¥6.2bn2022-11-01 → 2023-10-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥6.0bn2021-11-01 → 2022-10-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥4.9bn2020-11-01 → 2021-10-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥9.3bn2024-11-01 → 2025-10-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥5.3bn2023-11-01 → 2024-10-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥11.1bn2022-11-01 → 2023-10-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥7.1bn2021-11-01 → 2022-10-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥7.2bn2020-11-01 → 2021-10-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥2.5bn2024-11-01 → 2025-10-31Cons.Net cash provided by used in financing activities
Financing cash flow¥2.7bn2023-11-01 → 2024-10-31Cons.Net cash provided by used in financing activities
Financing cash flow¥1.9bn2022-11-01 → 2023-10-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥3.0bn2021-11-01 → 2022-10-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥5.7bn2020-11-01 → 2021-10-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥244.42024-11-01 → 2025-10-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥354.762023-11-01 → 2024-10-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥227.412022-11-01 → 2023-10-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥204.82021-11-01 → 2022-10-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥166.182020-11-01 → 2021-10-31vCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥243.272024-11-01 → 2025-10-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥351.472023-11-01 → 2024-10-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥224.472022-11-01 → 2023-10-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥201.462021-11-01 → 2022-10-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥162.552020-11-01 → 2021-10-31vCons.Diluted earnings per share (5-year summary)
Net assets per share¥1,976.15at 2025-10-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,796.7at 2024-10-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,479.6at 2023-10-31vCons.Net assets per share (5-year summary)
Net assets per share¥1,277.29at 2022-10-31vCons.Net assets per share (5-year summary)
Net assets per share¥1,102.57at 2021-10-31vCons.Net assets per share (5-year summary)
Equity ratio46.8%at 2025-10-31Cons.Equity to asset ratio (5-year summary)
Equity ratio47.4%at 2024-10-31Cons.Equity to asset ratio (5-year summary)
Equity ratio46.5%at 2023-10-31vCons.Equity to asset ratio (5-year summary)
Equity ratio45.4%at 2022-10-31vCons.Equity to asset ratio (5-year summary)
Equity ratio46.0%at 2021-10-31vCons.Equity to asset ratio (5-year summary)
ROE13.0%2024-11-01 → 2025-10-31Cons.Rate of return on equity (5-year summary)
ROE21.6%2023-11-01 → 2024-10-31Cons.Rate of return on equity (5-year summary)
ROE16.5%2022-11-01 → 2023-10-31vCons.Rate of return on equity (5-year summary)
ROE17.2%2021-11-01 → 2022-10-31vCons.Rate of return on equity (5-year summary)
ROE16.1%2020-11-01 → 2021-10-31vCons.Rate of return on equity (5-year summary)
Employees1,254at 2025-10-31Cons.Number of employees
Employees1,156at 2024-10-31Cons.Number of employees
Employees1,191at 2023-10-31vCons.Number of employees
Employees1,123at 2022-10-31vCons.Number of employees
Employees1,093at 2021-10-31vCons.Number of employees
Revenue¥67.6bn2024-11-01 → 2025-10-31StandaloneNet sales
Revenue¥61.5bn2023-11-01 → 2024-10-31StandaloneNet sales
Revenue¥54.7bn2022-11-01 → 2023-10-31vStandaloneNet sales (5-year summary)
Revenue¥50.1bn2021-11-01 → 2022-10-31vStandaloneNet sales (5-year summary)
Revenue¥45.4bn2020-11-01 → 2021-10-31vStandaloneNet sales (5-year summary)
Operating income¥5.8bn2024-11-01 → 2025-10-31StandaloneOperating income
Operating income¥6.2bn2023-11-01 → 2024-10-31StandaloneOperating income
Ordinary income¥6.4bn2024-11-01 → 2025-10-31StandaloneOrdinary income
Ordinary income¥6.8bn2023-11-01 → 2024-10-31StandaloneOrdinary income
Ordinary income¥5.5bn2022-11-01 → 2023-10-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥4.7bn2021-11-01 → 2022-10-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥3.9bn2020-11-01 → 2021-10-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥6.6bn2024-11-01 → 2025-10-31StandaloneIncome before income taxes
Profit before tax¥11.0bn2023-11-01 → 2024-10-31StandaloneIncome before income taxes
Net income¥4.9bn2024-11-01 → 2025-10-31StandaloneProfit loss
Net income¥7.9bn2023-11-01 → 2024-10-31StandaloneProfit loss
Net income¥4.3bn2022-11-01 → 2023-10-31vStandaloneNet income loss (5-year summary)
Net income¥3.6bn2021-11-01 → 2022-10-31vStandaloneNet income loss (5-year summary)
Net income¥2.5bn2020-11-01 → 2021-10-31vStandaloneNet income loss (5-year summary)
Total assets¥83.1bnat 2025-10-31StandaloneAssets
Total assets¥74.5bnat 2024-10-31StandaloneAssets
Total assets¥60.5bnat 2023-10-31vStandaloneTotal assets (5-year summary)
Total assets¥53.9bnat 2022-10-31vStandaloneTotal assets (5-year summary)
Total assets¥46.2bnat 2021-10-31vStandaloneTotal assets (5-year summary)
Total liabilities¥44.9bnat 2025-10-31StandaloneLiabilities
Total liabilities¥39.7bnat 2024-10-31StandaloneLiabilities
Net assets / equity¥38.2bnat 2025-10-31StandaloneNet assets
Net assets / equity¥34.7bnat 2024-10-31StandaloneNet assets
Net assets / equity¥27.4bnat 2023-10-31vStandaloneNet assets
Net assets / equity¥23.6bnat 2022-10-31vStandaloneNet assets (5-year summary)
Net assets / equity¥20.8bnat 2021-10-31vStandaloneNet assets (5-year summary)
Cash and deposits¥11.6bnat 2025-10-31StandaloneCash and deposits
Cash and deposits¥11.9bnat 2024-10-31StandaloneCash and deposits
EPS (basic)¥231.212024-11-01 → 2025-10-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥376.242023-11-01 → 2024-10-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥207.042022-11-01 → 2023-10-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥169.862021-11-01 → 2022-10-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥129.652020-11-01 → 2021-10-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥230.142024-11-01 → 2025-10-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥372.762023-11-01 → 2024-10-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥204.362022-11-01 → 2023-10-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥167.12021-11-01 → 2022-10-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥126.832020-11-01 → 2021-10-31vStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥1052024-11-01 → 2025-10-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥722023-11-01 → 2024-10-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥632022-11-01 → 2023-10-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥442021-11-01 → 2022-10-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥352020-11-01 → 2021-10-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥1,811.25at 2025-10-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,647.22at 2024-10-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,306.22at 2023-10-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,127.35at 2022-10-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥989.26at 2021-10-31vStandaloneNet assets per share (5-year summary)
Equity ratio45.9%at 2025-10-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio46.6%at 2024-10-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio45.3%at 2023-10-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio43.8%at 2022-10-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio45.0%at 2021-10-31vStandaloneEquity to asset ratio (5-year summary)
ROE13.4%2024-11-01 → 2025-10-31StandaloneRate of return on equity (5-year summary)
ROE25.4%2023-11-01 → 2024-10-31StandaloneRate of return on equity (5-year summary)
ROE17.0%2022-11-01 → 2023-10-31vStandaloneRate of return on equity (5-year summary)
ROE16.1%2021-11-01 → 2022-10-31vStandaloneRate of return on equity (5-year summary)
ROE14.0%2020-11-01 → 2021-10-31vStandaloneRate of return on equity (5-year summary)
Shares issued21,954,000at 2025-10-31StandaloneTotal number of issued shares (5-year summary)
Shares issued21,913,600at 2024-10-31StandaloneTotal number of issued shares (5-year summary)
Shares issued10,893,300at 2023-10-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued10,834,300at 2022-10-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued10,747,400at 2021-10-31vStandaloneTotal number of issued shares (5-year summary)
Employees245at 2025-10-31StandaloneNumber of employees
Employees232at 2024-10-31StandaloneNumber of employees
Employees242at 2023-10-31vStandaloneNumber of employees
Employees242at 2022-10-31vStandaloneNumber of employees
Employees232at 2021-10-31vStandaloneNumber 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 · 4
SegmentItemPeriodValue
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsemployeesat 2025-10-3138 pure
Real Estate Rental Management Businessreportable segmentemployeesat 2025-10-311130 pure
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsemployeesat 2025-10-3124 pure
Real Estate Rental Management Businessreportable segmentemployeesat 2025-10-31135 pure

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

All source rows · 1,515
ItemContextValueUnit
LiabilitiesPrior1YearInstant_NonConsolidatedMember39742225000JPY
LiabilitiesCurrentYearInstant_NonConsolidatedMember44908931000JPY
Capital stockPrior1YearInstant_NonConsolidatedMember4301491000JPY
Capital stockCurrentYearInstant_NonConsolidatedMember4308695000JPY
Legal capital surplusPrior1YearInstant_NonConsolidatedMember4181491000JPY
Legal capital surplusCurrentYearInstant_NonConsolidatedMember4188695000JPY
Other capital surplusPrior1YearInstant_NonConsolidatedMember128562000JPY
Other capital surplusCurrentYearInstant_NonConsolidatedMember128562000JPY
Capital surplusPrior1YearInstant_NonConsolidatedMember4310054000JPY
Capital surplusCurrentYearInstant_NonConsolidatedMember4317258000JPY
Legal retained earningsPrior1YearInstant_NonConsolidatedMember30000000JPY
Legal retained earningsCurrentYearInstant_NonConsolidatedMember30000000JPY
General reservePrior1YearInstant_NonConsolidatedMember410000000JPY
General reserveCurrentYearInstant_NonConsolidatedMember410000000JPY
Retained earnings brought forwardPrior1YearInstant_NonConsolidatedMember26522618000JPY
Retained earnings brought forwardCurrentYearInstant_NonConsolidatedMember29870342000JPY
Retained earningsPrior1YearInstant_NonConsolidatedMember26962618000JPY
Retained earningsCurrentYearInstant_NonConsolidatedMember30310342000JPY
Treasury stockPrior1YearInstant_NonConsolidatedMember-1430531000JPY
Treasury stockCurrentYearInstant_NonConsolidatedMember-1430349000JPY
Shareholders equityPrior1YearInstant_NonConsolidatedMember34143632000JPY
Shareholders equityCurrentYearInstant_NonConsolidatedMember37505947000JPY
Valuation difference on available for sale securitiesPrior1YearInstant_NonConsolidatedMember600421000JPY
Valuation difference on available for sale securitiesCurrentYearInstant_NonConsolidatedMember596811000JPY
Deferred gains or losses on hedgesPrior1YearInstant_NonConsolidatedMember-10000JPY
Deferred gains or losses on hedgesCurrentYearInstant_NonConsolidatedMember52728000JPY
Valuation and translation adjustmentsPrior1YearInstant_NonConsolidatedMember600411000JPY
Valuation and translation adjustmentsCurrentYearInstant_NonConsolidatedMember649540000JPY
Subscription rights to sharesPrior1YearInstant_NonConsolidatedMember235000JPY
Subscription rights to sharesCurrentYearInstant_NonConsolidatedMember-JPY
Net assetsPrior1YearInstant_NonConsolidatedMember34744278000JPY
Net assetsCurrentYearInstant_NonConsolidatedMember38155488000JPY
Liabilities and net assetsPrior1YearInstant_NonConsolidatedMember74486504000JPY
Liabilities and net assetsCurrentYearInstant_NonConsolidatedMember83064419000JPY
Net salesPrior1YearDuration_NonConsolidatedMember61451363000JPY
Net salesCurrentYearDuration_NonConsolidatedMember67551900000JPY
Cost of salesPrior1YearDuration_NonConsolidatedMember51276639000JPY
Cost of salesCurrentYearDuration_NonConsolidatedMember56054132000JPY
Gross profitPrior1YearDuration_NonConsolidatedMember10174723000JPY
Gross profitCurrentYearDuration_NonConsolidatedMember11497767000JPY
Selling general and administrative expensesPrior1YearDuration_NonConsolidatedMember4016734000JPY
Selling general and administrative expensesCurrentYearDuration_NonConsolidatedMember5723615000JPY
Operating incomePrior1YearDuration_NonConsolidatedMember6157989000JPY
Operating incomeCurrentYearDuration_NonConsolidatedMember5774151000JPY
Interest income noiPrior1YearDuration_NonConsolidatedMember3576000JPY
Interest income noiCurrentYearDuration_NonConsolidatedMember15430000JPY
Dividends income noiPrior1YearDuration_NonConsolidatedMember844597000JPY
Dividends income noiCurrentYearDuration_NonConsolidatedMember934512000JPY
Commission fee noiPrior1YearDuration_NonConsolidatedMember79105000JPY
Commission fee noiCurrentYearDuration_NonConsolidatedMember133237000JPY

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 2024-10-31pass rounding
balance sheet identityconsolidated 2025-10-31pass
balance sheet identitynon_consolidated 2024-10-31pass rounding
balance sheet identitynon_consolidated 2025-10-31pass
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2023-10-31pass
statement vs summary · net assetsconsolidated 2024-10-31pass
statement vs summary · net assetsconsolidated 2025-10-31pass
statement vs summary · net assetsnon_consolidated 2023-10-31pass
statement vs summary · net assetsnon_consolidated 2024-10-31pass
statement vs summary · net assetsnon_consolidated 2025-10-31pass
statement vs summary · net income attributable to parentconsolidated 2023-11-01/2024-10-31pass
statement vs summary · net income attributable to parentconsolidated 2024-11-01/2025-10-31pass
statement vs summary · operating cash flowconsolidated 2023-11-01/2024-10-31pass
statement vs summary · operating cash flowconsolidated 2024-11-01/2025-10-31pass
statement vs summary · revenueconsolidated 2023-11-01/2024-10-31pass
statement vs summary · revenueconsolidated 2024-11-01/2025-10-31pass
statement vs summary · revenuenon_consolidated 2023-11-01/2024-10-31pass
statement vs summary · revenuenon_consolidated 2024-11-01/2025-10-31pass
statement vs summary · total assetsconsolidated 2024-10-31pass
statement vs summary · total assetsconsolidated 2025-10-31pass
statement vs summary · total assetsnon_consolidated 2024-10-31pass
statement vs summary · total assetsnon_consolidated 2025-10-31pass