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
Asset retirement obligations nclCurrentYearInstant49041000JPY
Net defined benefit liabilityPrior1YearInstant37000000JPY
Net defined benefit liabilityCurrentYearInstant52500000JPY
Guarantee deposits received2 nclPrior1YearInstant7506961000JPY
Guarantee deposits received2 nclCurrentYearInstant7885972000JPY
Other nclPrior1YearInstant388685000JPY
Other nclCurrentYearInstant503678000JPY
Noncurrent liabilitiesPrior1YearInstant7981471000JPY
Noncurrent liabilitiesCurrentYearInstant8594192000JPY
LiabilitiesPrior1YearInstant10373269000JPY
LiabilitiesCurrentYearInstant11635808000JPY
Capital stockPrior1YearInstant308394000JPY
Capital stockCurrentYearInstant308394000JPY
Capital surplusPrior1YearInstant539930000JPY
Capital surplusCurrentYearInstant539930000JPY
Retained earningsPrior1YearInstant3547222000JPY
Retained earningsCurrentYearInstant4240873000JPY
Treasury stockPrior1YearInstant-1078830000JPY
Treasury stockCurrentYearInstant-1078880000JPY
Shareholders equityPrior1YearInstant3316717000JPY
Shareholders equityCurrentYearInstant4010317000JPY
Subscription rights to sharesPrior1YearInstant2358000JPY
Subscription rights to sharesCurrentYearInstant2358000JPY
Non controlling interestsPrior1YearInstant4967000JPY
Non controlling interestsCurrentYearInstant3942000JPY
Net assetsPrior1YearInstant3324042000JPY
Net assetsCurrentYearInstant4016617000JPY
Liabilities and net assetsPrior1YearInstant13697311000JPY
Liabilities and net assetsCurrentYearInstant15652426000JPY
Net salesPrior1YearDuration14263842000JPY
Net salesCurrentYearDuration16659432000JPY
Cost of salesPrior1YearDuration11689916000JPY
Cost of salesCurrentYearDuration13421648000JPY
Gross profitPrior1YearDuration2573925000JPY
Gross profitCurrentYearDuration3237783000JPY
Selling general and administrative expensesPrior1YearDuration1599626000JPY
Selling general and administrative expensesCurrentYearDuration1856171000JPY
Operating incomePrior1YearDuration974299000JPY
Operating incomeCurrentYearDuration1381611000JPY
Penalty income noiPrior1YearDuration30405000JPY
Penalty income noiCurrentYearDuration43111000JPY
Compensation income noiPrior1YearDuration50902000JPY
Compensation income noiCurrentYearDuration5799000JPY
Insurance premiums refunded cancellation noiPrior1YearDuration-JPY
Insurance premiums refunded cancellation noiCurrentYearDuration44434000JPY
Other noiPrior1YearDuration6859000JPY
Other noiCurrentYearDuration5710000JPY
Non operating incomePrior1YearDuration88168000JPY
Non operating incomeCurrentYearDuration99055000JPY
Compensation expenses noePrior1YearDuration28272000JPY

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