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
Total assets (5-year summary)CurrentYearInstant15652426000JPY
Net assets per share (5-year summary)Prior4YearInstant-
Net assets per share (5-year summary)Prior3YearInstant-
Net assets per share (5-year summary)Prior2YearInstant187.69
Net assets per share (5-year summary)Prior1YearInstant197.73
Net assets per share (5-year summary)CurrentYearInstant239.08
Basic earnings loss per share (5-year summary)Prior4YearDuration-
Basic earnings loss per share (5-year summary)Prior3YearDuration-
Basic earnings loss per share (5-year summary)Prior2YearDuration50.33
Basic earnings loss per share (5-year summary)Prior1YearDuration39.62
Basic earnings loss per share (5-year summary)CurrentYearDuration61.35
Diluted earnings per share (5-year summary)Prior4YearDuration-
Diluted earnings per share (5-year summary)Prior3YearDuration-
Diluted earnings per share (5-year summary)Prior2YearDuration-
Diluted earnings per share (5-year summary)Prior1YearDuration-
Diluted earnings per share (5-year summary)CurrentYearDuration-
Equity to asset ratio (5-year summary)Prior4YearInstant-
Equity to asset ratio (5-year summary)Prior3YearInstant-
Equity to asset ratio (5-year summary)Prior2YearInstant0.248
Equity to asset ratio (5-year summary)Prior1YearInstant0.242
Equity to asset ratio (5-year summary)CurrentYearInstant0.256
Rate of return on equity (5-year summary)Prior4YearDuration-
Rate of return on equity (5-year summary)Prior3YearDuration-
Rate of return on equity (5-year summary)Prior2YearDuration0.277
Rate of return on equity (5-year summary)Prior1YearDuration0.205
Rate of return on equity (5-year summary)CurrentYearDuration0.281
Price earnings ratio (5-year summary)Prior4YearDuration-
Price earnings ratio (5-year summary)Prior3YearDuration-
Price earnings ratio (5-year summary)Prior2YearDuration22.89
Price earnings ratio (5-year summary)Prior1YearDuration23.75
Price earnings ratio (5-year summary)CurrentYearDuration15.68
Net cash provided by used in operating activities (5-year summary)Prior4YearDuration-JPY
Net cash provided by used in operating activities (5-year summary)Prior3YearDuration-JPY
Net cash provided by used in operating activities (5-year summary)Prior2YearDuration1073814000JPY
Net cash provided by used in operating activities (5-year summary)Prior1YearDuration455224000JPY
Net cash provided by used in operating activities (5-year summary)CurrentYearDuration1019594000JPY
Net cash provided by used in investing activities (5-year summary)Prior4YearDuration-JPY
Net cash provided by used in investing activities (5-year summary)Prior3YearDuration-JPY
Net cash provided by used in investing activities (5-year summary)Prior2YearDuration-21908000JPY
Net cash provided by used in investing activities (5-year summary)Prior1YearDuration-87938000JPY
Net cash provided by used in investing activities (5-year summary)CurrentYearDuration177222000JPY
Net cash provided by used in financing activities (5-year summary)Prior4YearDuration-JPY
Net cash provided by used in financing activities (5-year summary)Prior3YearDuration-JPY
Net cash provided by used in financing activities (5-year summary)Prior2YearDuration-1018178000JPY
Net cash provided by used in financing activities (5-year summary)Prior1YearDuration-537298000JPY
Net cash provided by used in financing activities (5-year summary)CurrentYearDuration-244075000JPY
Cash and cash equivalents (5-year summary)Prior4YearInstant-JPY
Cash and cash equivalents (5-year summary)Prior3YearInstant-JPY
Cash and cash equivalents (5-year summary)Prior2YearInstant3501245000JPY
Cash and cash equivalents (5-year summary)Prior1YearInstant3331233000JPY

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