Annual report

Period2024-04-01 → 2025-03-31
Filed2025-06-18
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 128
MetricValuePeriodScopeSource row
Revenue¥16.7bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥14.3bn2023-04-01 → 2024-03-31Cons.Net sales
Revenue¥13.1bn2022-04-01 → 2023-03-31dCons.Net sales (5-year summary)
Operating income¥1.4bn2024-04-01 → 2025-03-31Cons.Operating income
Operating income¥974m2023-04-01 → 2024-03-31Cons.Operating income
Ordinary income¥1.4bn2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥1.0bn2023-04-01 → 2024-03-31Cons.Ordinary income
Ordinary income¥1.3bn2022-04-01 → 2023-03-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥1.5bn2024-04-01 → 2025-03-31Cons.Income before income taxes
Profit before tax¥992m2023-04-01 → 2024-03-31Cons.Income before income taxes
Net income (owners)¥1.0bn2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥666m2023-04-01 → 2024-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥886m2022-04-01 → 2023-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥1.0bn2024-04-01 → 2025-03-31Cons.Profit loss
Net income¥666m2023-04-01 → 2024-03-31Cons.Profit loss
Total assets¥15.7bnat 2025-03-31Cons.Assets
Total assets¥13.7bnat 2024-03-31Cons.Assets
Total assets¥12.9bnat 2023-03-31dCons.Total assets (5-year summary)
Total liabilities¥11.6bnat 2025-03-31Cons.Liabilities
Total liabilities¥10.4bnat 2024-03-31Cons.Liabilities
Net assets / equity¥4.0bnat 2025-03-31Cons.Net assets
Net assets / equity¥3.3bnat 2024-03-31Cons.Net assets
Net assets / equity¥3.2bnat 2023-03-31dCons.Net assets
Cash and deposits¥4.3bnat 2025-03-31Cons.Cash and deposits
Cash and deposits¥3.3bnat 2024-03-31Cons.Cash and deposits
Cash & equivalents¥4.3bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥3.3bnat 2024-03-31Cons.Cash and cash equivalents
Cash & equivalents¥3.5bnat 2023-03-31dCons.Cash and cash equivalents
Operating cash flow¥1.0bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥455m2023-04-01 → 2024-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥1.1bn2022-04-01 → 2023-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow¥177m2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥88m2023-04-01 → 2024-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥22m2022-04-01 → 2023-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥244m2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥537m2023-04-01 → 2024-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥1.0bn2022-04-01 → 2023-03-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥61.352024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥39.622023-04-01 → 2024-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥50.332022-04-01 → 2023-03-31dCons.Basic earnings loss per share (5-year summary)
Net assets per share¥239.08at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥197.73at 2024-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥187.69at 2023-03-31dCons.Net assets per share (5-year summary)
Equity ratio25.6%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio24.2%at 2024-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio24.8%at 2023-03-31dCons.Equity to asset ratio (5-year summary)
ROE28.1%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE20.5%2023-04-01 → 2024-03-31Cons.Rate of return on equity (5-year summary)
ROE27.7%2022-04-01 → 2023-03-31dCons.Rate of return on equity (5-year summary)
Employees144at 2025-03-31Cons.Number of employees
Employees113at 2024-03-31Cons.Number of employees
Employees84at 2023-03-31dCons.Number of employees
Revenue¥8.7bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥14.2bn2023-04-01 → 2024-03-31StandaloneNet sales
Revenue¥13.0bn2022-04-01 → 2023-03-31dStandaloneNet sales (5-year summary)
Revenue¥11.4bn2021-04-01 → 2022-03-31dStandaloneNet sales (5-year summary)
Revenue¥10.3bn2020-04-01 → 2021-03-31dStandaloneNet sales (5-year summary)
Operating income¥658m2024-04-01 → 2025-03-31StandaloneOperating income
Operating income¥919m2023-04-01 → 2024-03-31StandaloneOperating income
Ordinary income¥722m2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥984m2023-04-01 → 2024-03-31StandaloneOrdinary income
Ordinary income¥1.2bn2022-04-01 → 2023-03-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥987m2021-04-01 → 2022-03-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥842m2020-04-01 → 2021-03-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥780m2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Profit before tax¥965m2023-04-01 → 2024-03-31StandaloneIncome before income taxes
Net income¥532m2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥648m2023-04-01 → 2024-03-31StandaloneProfit loss
Net income¥867m2022-04-01 → 2023-03-31dStandaloneNet income loss (5-year summary)
Net income¥662m2021-04-01 → 2022-03-31dStandaloneNet income loss (5-year summary)
Net income¥576m2020-04-01 → 2021-03-31dStandaloneNet income loss (5-year summary)
Total assets¥3.9bnat 2025-03-31StandaloneAssets
Total assets¥13.7bnat 2024-03-31StandaloneAssets
Total assets¥12.9bnat 2023-03-31dStandaloneTotal assets (5-year summary)
Total assets¥11.9bnat 2022-03-31dStandaloneTotal assets (5-year summary)
Total assets¥10.4bnat 2021-03-31dStandaloneTotal assets (5-year summary)
Total liabilities¥454mat 2025-03-31StandaloneLiabilities
Total liabilities¥10.4bnat 2024-03-31StandaloneLiabilities
Net assets / equity¥3.5bnat 2025-03-31StandaloneNet assets
Net assets / equity¥3.3bnat 2024-03-31StandaloneNet assets
Net assets / equity¥3.2bnat 2023-03-31dStandaloneNet assets
Net assets / equity¥3.3bnat 2022-03-31dStandaloneNet assets (5-year summary)
Net assets / equity¥3.0bnat 2021-03-31dStandaloneNet assets (5-year summary)
Cash and deposits¥1.8bnat 2025-03-31StandaloneCash and deposits
Cash and deposits¥3.0bnat 2024-03-31StandaloneCash and deposits
Cash & equivalents¥3.5bnat 2022-03-31dStandaloneCash and cash equivalents (5-year summary)
Cash & equivalents¥2.9bnat 2021-03-31dStandaloneCash and cash equivalents (5-year summary)
Operating cash flow¥1.1bn2021-04-01 → 2022-03-31dStandaloneNet cash provided by used in operating activities (5-year summary)
Operating cash flow¥666m2020-04-01 → 2021-03-31dStandaloneNet cash provided by used in operating activities (5-year summary)
Investing cash flow−¥269m2021-04-01 → 2022-03-31dStandaloneNet cash provided by used in investing activities (5-year summary)
Investing cash flow−¥140m2020-04-01 → 2021-03-31dStandaloneNet cash provided by used in investing activities (5-year summary)
Financing cash flow−¥296m2021-04-01 → 2022-03-31dStandaloneNet cash provided by used in financing activities (5-year summary)
Financing cash flow−¥160m2020-04-01 → 2021-03-31dStandaloneNet cash provided by used in financing activities (5-year summary)
EPS (basic)¥31.72024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥38.532023-04-01 → 2024-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥49.272022-04-01 → 2023-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥37.362021-04-01 → 2022-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥32.292020-04-01 → 2021-03-31dStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥282024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥202023-04-01 → 2024-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥162022-04-01 → 2023-03-31dStandaloneDividend paid per share (5-year summary)
Dividend per share¥122021-04-01 → 2022-03-31dStandaloneDividend paid per share (5-year summary)
Dividend per share¥92020-04-01 → 2021-03-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥207.24at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥195.54at 2024-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥186.6at 2023-03-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥188.29at 2022-03-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥166.14at 2021-03-31dStandaloneNet assets per share (5-year summary)
Equity ratio88.4%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio24.0%at 2024-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio24.7%at 2023-03-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio28.0%at 2022-03-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio28.4%at 2021-03-31dStandaloneEquity to asset ratio (5-year summary)
ROE15.7%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE20.1%2023-04-01 → 2024-03-31StandaloneRate of return on equity (5-year summary)
ROE26.7%2022-04-01 → 2023-03-31dStandaloneRate of return on equity (5-year summary)
ROE21.1%2021-04-01 → 2022-03-31dStandaloneRate of return on equity (5-year summary)
ROE20.9%2020-04-01 → 2021-03-31dStandaloneRate of return on equity (5-year summary)
Shares issued17,674,400at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued17,674,400at 2024-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued17,674,400at 2023-03-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued17,674,400at 2022-03-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued17,824,400at 2021-03-31dStandaloneTotal number of issued shares (5-year summary)
Employees38at 2025-03-31StandaloneNumber of employees
Employees113at 2024-03-31StandaloneNumber of employees
Employees84at 2023-03-31dStandaloneNumber of employees
Employees83at 2022-03-31dStandaloneNumber of employees
Employees74at 2021-03-31dStandaloneNumber 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 · 42
SegmentItemPeriodValue
Reconciling Itemsreconcilingrevenue2024-04-01 → 2025-03-31−¥6m
Reconciling Itemsreconcilingrevenue intersegment2024-04-01 → 2025-03-31−¥6m
Real Estate Trading Businessreportable segmentcapex2024-04-01 → 2025-03-31¥4m
Real Estate Trading Businessreportable segmentdepreciation2024-04-01 → 2025-03-31¥3m
Real Estate Trading Businessreportable segmentemployeesat 2025-03-315 pure
Real Estate Trading Businessreportable segmentrevenue2024-04-01 → 2025-03-31¥1.5bn
Real Estate Trading Businessreportable segmentrevenue external2024-04-01 → 2025-03-31¥1.5bn
Real Estate Trading Businessreportable segmentrevenue intersegment2024-04-01 → 2025-03-31¥6m
Real Estate Trading Businessreportable segmentsegment assetsat 2025-03-31¥1.5bn
Real Estate Trading Businessreportable segmentsegment profit2024-04-01 → 2025-03-31¥143m
Store Sublease Businessreportable segmentcapex2024-04-01 → 2025-03-31¥11m
Store Sublease Businessreportable segmentdepreciation2024-04-01 → 2025-03-31¥52m
Store Sublease Businessreportable segmentemployeesat 2025-03-31101 pure
Store Sublease Businessreportable segmentrevenue2024-04-01 → 2025-03-31¥15.2bn
Store Sublease Businessreportable segmentrevenue external2024-04-01 → 2025-03-31¥15.2bn
Store Sublease Businessreportable segmentrevenue intersegment2024-04-01 → 2025-03-31¥620,000
Store Sublease Businessreportable segmentsegment assetsat 2025-03-31¥14.2bn
Store Sublease Businessreportable segmentsegment profit2024-04-01 → 2025-03-31¥1.2bn
—segment totalemployeesat 2025-03-31106 pure
Total Of Reportable Segments And Otherssegment totalcapex2024-04-01 → 2025-03-31¥15m
Total Of Reportable Segments And Otherssegment totaldepreciation2024-04-01 → 2025-03-31¥55m
Total Of Reportable Segments And Otherssegment totalrevenue2024-04-01 → 2025-03-31¥16.7bn
Total Of Reportable Segments And Otherssegment totalrevenue external2024-04-01 → 2025-03-31¥16.7bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2024-04-01 → 2025-03-31¥6m
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2025-03-31¥15.7bn
Total Of Reportable Segments And Otherssegment totalsegment profit2024-04-01 → 2025-03-31¥1.4bn
Real Estate Trading Businessreportable segmentrevenue2023-04-01 → 2024-03-31¥710m
Real Estate Trading Businessreportable segmentrevenue external2023-04-01 → 2024-03-31¥710m
Real Estate Trading Businessreportable segmentsegment assetsat 2024-03-31¥824m
Real Estate Trading Businessreportable segmentsegment profit2023-04-01 → 2024-03-31¥164m
Store Sublease Businessreportable segmentcapex2023-04-01 → 2024-03-31¥70m
Store Sublease Businessreportable segmentdepreciation2023-04-01 → 2024-03-31¥50m
Store Sublease Businessreportable segmentrevenue2023-04-01 → 2024-03-31¥13.6bn
Store Sublease Businessreportable segmentrevenue external2023-04-01 → 2024-03-31¥13.6bn
Store Sublease Businessreportable segmentsegment assetsat 2024-03-31¥12.9bn
Store Sublease Businessreportable segmentsegment profit2023-04-01 → 2024-03-31¥810m
Total Of Reportable Segments And Otherssegment totalcapex2023-04-01 → 2024-03-31¥70m
Total Of Reportable Segments And Otherssegment totaldepreciation2023-04-01 → 2024-03-31¥50m
Total Of Reportable Segments And Otherssegment totalrevenue2023-04-01 → 2024-03-31¥14.3bn
Total Of Reportable Segments And Otherssegment totalrevenue external2023-04-01 → 2024-03-31¥14.3bn
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2024-03-31¥13.7bn
Total Of Reportable Segments And Otherssegment totalsegment profit2023-04-01 → 2024-03-31¥974m

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

All source rows · 1,238
ItemContextValueUnit
Net assetsPrior1YearInstant3324042000JPY
Dividends from surplusCurrentYearDuration-335475000JPY
Profit loss attributable to owners of parentCurrentYearDuration1029126000JPY
Purchase of treasury stockCurrentYearDuration-50000JPY
Net changes of items other than shareholders equityCurrentYearDuration_NonControllingInterestsMember-1025000JPY
Net changes of items other than shareholders equityCurrentYearDuration-1025000JPY
Total changes of items during the periodCurrentYearDuration_SubscriptionRightsToSharesMember-JPY
Total changes of items during the periodCurrentYearDuration_NonControllingInterestsMember-1025000JPY
Total changes of items during the periodCurrentYearDuration692575000JPY
Net assetsCurrentYearInstant_SubscriptionRightsToSharesMember2358000JPY
Net assetsCurrentYearInstant_NonControllingInterestsMember3942000JPY
Net assetsCurrentYearInstant4016617000JPY
Income before income taxesPrior1YearDuration992196000JPY
Income before income taxesCurrentYearDuration1489345000JPY
Depreciation and amortization ope cfPrior1YearDuration50012000JPY
Depreciation and amortization ope cfCurrentYearDuration54869000JPY
Increase decrease in provision for bonuses ope cfPrior1YearDuration-7419000JPY
Increase decrease in provision for bonuses ope cfCurrentYearDuration22824000JPY
Increase decrease in net defined benefit liability ope cfPrior1YearDuration15500000JPY
Increase decrease in net defined benefit liability ope cfCurrentYearDuration15500000JPY
Surrender value of insurance ope cfPrior1YearDuration-JPY
Surrender value of insurance ope cfCurrentYearDuration-44434000JPY
Gain on sales of non current assets ope cfPrior1YearDuration-JPY
Gain on sales of non current assets ope cfCurrentYearDuration-57877000JPY
Loss on retirement of noncurrent assets ope cfPrior1YearDuration19217000JPY
Loss on retirement of noncurrent assets ope cfCurrentYearDuration-JPY
Decrease increase in prepaid expenses ope cfPrior1YearDuration-91736000JPY
Decrease increase in prepaid expenses ope cfCurrentYearDuration-118453000JPY
Decrease increase in guarantee deposits ope cfPrior1YearDuration-413350000JPY
Decrease increase in guarantee deposits ope cfCurrentYearDuration-560849000JPY
Increase decrease in unearned revenue ope cfPrior1YearDuration158924000JPY
Increase decrease in unearned revenue ope cfCurrentYearDuration134298000JPY
Increase decrease in guarantee deposits received ope cfPrior1YearDuration537192000JPY
Increase decrease in guarantee deposits received ope cfCurrentYearDuration379011000JPY
Decrease increase in real estate for sale ope cfPrior1YearDuration-486369000JPY
Decrease increase in real estate for sale ope cfCurrentYearDuration-72095000JPY
Other net ope cfPrior1YearDuration144024000JPY
Other net ope cfCurrentYearDuration104279000JPY
Subtotal ope cfPrior1YearDuration918191000JPY
Subtotal ope cfCurrentYearDuration1346420000JPY
Income taxes paid ope cfPrior1YearDuration-462972000JPY
Income taxes paid ope cfCurrentYearDuration-328093000JPY
Other net ope cf subtotalPrior1YearDuration6000JPY
Other net ope cf subtotalCurrentYearDuration1267000JPY
Net cash provided by used in operating activitiesPrior1YearDuration455224000JPY
Net cash provided by used in operating activitiesCurrentYearDuration1019594000JPY
Purchase of property plant and equipment inv cfPrior1YearDuration-50183000JPY
Purchase of property plant and equipment inv cfCurrentYearDuration-6127000JPY
Proceeds from sales of property plant and equipment inv cfPrior1YearDuration-JPY
Proceeds from sales of property plant and equipment inv cfCurrentYearDuration67991000JPY

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 2024-03-31pass
balance sheet identityconsolidated 2025-03-31pass rounding
balance sheet identitynon_consolidated 2024-03-31pass
balance sheet identitynon_consolidated 2025-03-31pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2023-03-31pass
statement vs summary · net assetsconsolidated 2024-03-31pass
statement vs summary · net assetsconsolidated 2025-03-31pass
statement vs summary · net assetsnon_consolidated 2023-03-31pass
statement vs summary · net assetsnon_consolidated 2024-03-31pass
statement vs summary · net assetsnon_consolidated 2025-03-31pass
statement vs summary · net income attributable to parentconsolidated 2023-04-01/2024-03-31pass
statement vs summary · net income attributable to parentconsolidated 2024-04-01/2025-03-31pass
statement vs summary · operating cash flowconsolidated 2023-04-01/2024-03-31pass
statement vs summary · operating cash flowconsolidated 2024-04-01/2025-03-31pass
statement vs summary · revenueconsolidated 2023-04-01/2024-03-31pass
statement vs summary · revenueconsolidated 2024-04-01/2025-03-31pass
statement vs summary · revenuenon_consolidated 2023-04-01/2024-03-31pass
statement vs summary · revenuenon_consolidated 2024-04-01/2025-03-31pass
statement vs summary · total assetsconsolidated 2024-03-31pass
statement vs summary · total assetsconsolidated 2025-03-31pass
statement vs summary · total assetsnon_consolidated 2024-03-31pass
statement vs summary · total assetsnon_consolidated 2025-03-31pass