Annual report

Period2024-09-01 → 2025-08-31
Filed2026-01-30
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed

Amends S100X6TA. Amended by S100XIH6 (2026-01-30).

Key figures · 158
MetricValuePeriodScopeSource row
Revenue¥96.5bn2024-09-01 → 2025-08-31Cons.Net sales
Revenue¥65.7bn2023-09-01 → 2024-08-31Cons.Net sales
Revenue¥37.3bn2022-09-01 → 2023-08-31vCons.Net sales (5-year summary)
Revenue¥20.8bn2021-09-01 → 2022-08-31vCons.Net sales (5-year summary)
Revenue¥14.3bn2020-09-01 → 2021-08-31dCons.Net sales (5-year summary)
Operating income¥18.9bn2024-09-01 → 2025-08-31Cons.Operating income
Operating income¥8.5bn2023-09-01 → 2024-08-31Cons.Operating income
Ordinary income¥17.1bn2024-09-01 → 2025-08-31Cons.Ordinary income
Ordinary income¥7.9bn2023-09-01 → 2024-08-31Cons.Ordinary income
Ordinary income¥4.1bn2022-09-01 → 2023-08-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥1.7bn2021-09-01 → 2022-08-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥1.0bn2020-09-01 → 2021-08-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥17.2bn2024-09-01 → 2025-08-31Cons.Income before income taxes
Profit before tax¥8.0bn2023-09-01 → 2024-08-31Cons.Income before income taxes
Net income (owners)¥10.3bn2024-09-01 → 2025-08-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥5.0bn2023-09-01 → 2024-08-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥2.0bn2022-09-01 → 2023-08-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥1.0bn2021-09-01 → 2022-08-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥793m2020-09-01 → 2021-08-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥11.4bn2024-09-01 → 2025-08-31Cons.Profit loss
Net income¥5.4bn2023-09-01 → 2024-08-31Cons.Profit loss
Total assets¥121.7bnat 2025-08-31Cons.Assets
Total assets¥77.5bnat 2024-08-31Cons.Assets
Total assets¥43.8bnat 2023-08-31vCons.Total assets (5-year summary)
Total assets¥30.4bnat 2022-08-31vCons.Total assets (5-year summary)
Total assets¥15.0bnat 2021-08-31dCons.Total assets (5-year summary)
Total liabilities¥83.5bnat 2025-08-31Cons.Liabilities
Total liabilities¥49.8bnat 2024-08-31Cons.Liabilities
Net assets / equity¥38.2bnat 2025-08-31Cons.Net assets
Net assets / equity¥27.7bnat 2024-08-31Cons.Net assets
Net assets / equity¥11.7bnat 2023-08-31vCons.Net assets
Net assets / equity¥9.4bnat 2022-08-31vCons.Net assets (5-year summary)
Net assets / equity¥4.9bnat 2021-08-31dCons.Net assets (5-year summary)
Cash and deposits¥24.0bnat 2025-08-31Cons.Cash and deposits
Cash and deposits¥11.1bnat 2024-08-31Cons.Cash and deposits
Cash & equivalents¥24.0bnat 2025-08-31Cons.Cash and cash equivalents
Cash & equivalents¥11.1bnat 2024-08-31Cons.Cash and cash equivalents
Cash & equivalents¥5.9bnat 2023-08-31vCons.Cash and cash equivalents
Cash & equivalents¥5.4bnat 2022-08-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥3.6bnat 2021-08-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥6.9bn2024-09-01 → 2025-08-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥8.4bn2023-09-01 → 2024-08-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥7.7bn2022-09-01 → 2023-08-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥11.7bn2021-09-01 → 2022-08-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥972m2020-09-01 → 2021-08-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥18.6bn2024-09-01 → 2025-08-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥4.8bn2023-09-01 → 2024-08-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.2bn2022-09-01 → 2023-08-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥436m2021-09-01 → 2022-08-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥1.6bn2020-09-01 → 2021-08-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥24.7bn2024-09-01 → 2025-08-31Cons.Net cash provided by used in financing activities
Financing cash flow¥18.4bn2023-09-01 → 2024-08-31Cons.Net cash provided by used in financing activities
Financing cash flow¥9.3bn2022-09-01 → 2023-08-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥13.9bn2021-09-01 → 2022-08-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥2.2bn2020-09-01 → 2021-08-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥520.372024-09-01 → 2025-08-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥270.832023-09-01 → 2024-08-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥126.612022-09-01 → 2023-08-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥66.422021-09-01 → 2022-08-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥60.712020-09-01 → 2021-08-31dCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥512.322024-09-01 → 2025-08-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥265.972023-09-01 → 2024-08-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥124.92022-09-01 → 2023-08-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥64.682021-09-01 → 2022-08-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥58.22020-09-01 → 2021-08-31dCons.Diluted earnings per share (5-year summary)
Net assets per share¥1,830.18at 2025-08-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,364.58at 2024-08-31Cons.Net assets per share (5-year summary)
Net assets per share¥675.71at 2023-08-31vCons.Net assets per share (5-year summary)
Net assets per share¥571.35at 2022-08-31vCons.Net assets per share (5-year summary)
Net assets per share¥362.79at 2021-08-31dCons.Net assets per share (5-year summary)
Equity ratio29.7%at 2025-08-31Cons.Equity to asset ratio (5-year summary)
Equity ratio34.6%at 2024-08-31Cons.Equity to asset ratio (5-year summary)
Equity ratio25.2%at 2023-08-31vCons.Equity to asset ratio (5-year summary)
Equity ratio30.2%at 2022-08-31vCons.Equity to asset ratio (5-year summary)
Equity ratio32.1%at 2021-08-31dCons.Equity to asset ratio (5-year summary)
ROE32.5%2024-09-01 → 2025-08-31Cons.Rate of return on equity (5-year summary)
ROE26.5%2023-09-01 → 2024-08-31Cons.Rate of return on equity (5-year summary)
ROE20.3%2022-09-01 → 2023-08-31vCons.Rate of return on equity (5-year summary)
ROE14.5%2021-09-01 → 2022-08-31vCons.Rate of return on equity (5-year summary)
ROE18.2%2020-09-01 → 2021-08-31dCons.Rate of return on equity (5-year summary)
Employees727at 2025-08-31Cons.Number of employees
Employees436at 2024-08-31Cons.Number of employees
Employees190at 2023-08-31vCons.Number of employees
Employees140at 2022-08-31vCons.Number of employees
Employees108at 2021-08-31dCons.Number of employees
Revenue¥58.5bn2024-09-01 → 2025-08-31StandaloneNet sales
Revenue¥42.0bn2023-09-01 → 2024-08-31StandaloneNet sales
Revenue¥33.1bn2022-09-01 → 2023-08-31vStandaloneNet sales (5-year summary)
Revenue¥20.3bn2021-09-01 → 2022-08-31vStandaloneNet sales (5-year summary)
Revenue¥14.1bn2020-09-01 → 2021-08-31dStandaloneNet sales (5-year summary)
Operating income¥6.8bn2024-09-01 → 2025-08-31StandaloneOperating income
Operating income¥3.9bn2023-09-01 → 2024-08-31StandaloneOperating income
Ordinary income¥6.0bn2024-09-01 → 2025-08-31StandaloneOrdinary income
Ordinary income¥4.0bn2023-09-01 → 2024-08-31StandaloneOrdinary income
Ordinary income¥2.2bn2022-09-01 → 2023-08-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.9bn2021-09-01 → 2022-08-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.3bn2020-09-01 → 2021-08-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥5.6bn2024-09-01 → 2025-08-31StandaloneIncome before income taxes
Profit before tax¥4.6bn2023-09-01 → 2024-08-31StandaloneIncome before income taxes
Net income¥3.5bn2024-09-01 → 2025-08-31StandaloneProfit loss
Net income¥3.5bn2023-09-01 → 2024-08-31StandaloneProfit loss
Net income¥1.1bn2022-09-01 → 2023-08-31vStandaloneNet income loss (5-year summary)
Net income¥1.1bn2021-09-01 → 2022-08-31vStandaloneNet income loss (5-year summary)
Net income¥515m2020-09-01 → 2021-08-31dStandaloneNet income loss (5-year summary)
Total assets¥95.4bnat 2025-08-31StandaloneAssets
Total assets¥60.7bnat 2024-08-31StandaloneAssets
Total assets¥38.6bnat 2023-08-31vStandaloneTotal assets (5-year summary)
Total assets¥28.1bnat 2022-08-31vStandaloneTotal assets (5-year summary)
Total assets¥12.3bnat 2021-08-31dStandaloneTotal assets (5-year summary)
Total liabilities¥68.2bnat 2025-08-31StandaloneLiabilities
Total liabilities¥36.1bnat 2024-08-31StandaloneLiabilities
Net assets / equity¥27.3bnat 2025-08-31StandaloneNet assets
Net assets / equity¥24.6bnat 2024-08-31StandaloneNet assets
Net assets / equity¥10.1bnat 2023-08-31vStandaloneNet assets
Net assets / equity¥9.1bnat 2022-08-31vStandaloneNet assets (5-year summary)
Net assets / equity¥4.7bnat 2021-08-31dStandaloneNet assets (5-year summary)
Cash and deposits¥9.8bnat 2025-08-31StandaloneCash and deposits
Cash and deposits¥5.1bnat 2024-08-31StandaloneCash and deposits
EPS (basic)¥177.272024-09-01 → 2025-08-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥188.182023-09-01 → 2024-08-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥67.042022-09-01 → 2023-08-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥68.742021-09-01 → 2022-08-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥39.452020-09-01 → 2021-08-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥174.532024-09-01 → 2025-08-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥184.82023-09-01 → 2024-08-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥66.142022-09-01 → 2023-08-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥66.932021-09-01 → 2022-08-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥37.82020-09-01 → 2021-08-31dStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥2402024-09-01 → 2025-08-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥1702023-09-01 → 2024-08-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥602022-09-01 → 2023-08-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥302021-09-01 → 2022-08-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥402020-09-01 → 2021-08-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥1,357.56at 2025-08-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,241.72at 2024-08-31StandaloneNet assets per share (5-year summary)
Net assets per share¥609.13at 2023-08-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥561.68at 2022-08-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥346.98at 2021-08-31dStandaloneNet assets per share (5-year summary)
Equity ratio28.1%at 2025-08-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio40.2%at 2024-08-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio25.8%at 2023-08-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio32.1%at 2022-08-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio37.6%at 2021-08-31dStandaloneEquity to asset ratio (5-year summary)
ROE13.6%2024-09-01 → 2025-08-31StandaloneRate of return on equity (5-year summary)
ROE20.3%2023-09-01 → 2024-08-31StandaloneRate of return on equity (5-year summary)
ROE11.4%2022-09-01 → 2023-08-31vStandaloneRate of return on equity (5-year summary)
ROE15.4%2021-09-01 → 2022-08-31vStandaloneRate of return on equity (5-year summary)
ROE12.1%2020-09-01 → 2021-08-31dStandaloneRate of return on equity (5-year summary)
Shares issued9,905,629at 2025-08-31StandaloneTotal number of issued shares (5-year summary)
Shares issued9,859,947at 2024-08-31StandaloneTotal number of issued shares (5-year summary)
Shares issued8,195,620at 2023-08-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued8,156,520at 2022-08-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued3,334,920at 2021-08-31dStandaloneTotal number of issued shares (5-year summary)
Employees349at 2025-08-31StandaloneNumber of employees
Employees256at 2024-08-31StandaloneNumber of employees
Employees164at 2023-08-31vStandaloneNumber of employees
Employees119at 2022-08-31vStandaloneNumber of employees
Employees103at 2021-08-31dStandaloneNumber 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.

All source rows · 1,607
ItemContextValueUnit
Number of associates accounted for using equity methodCurrentYearInstant0
Write downs of inventoriesPrior1YearDuration-JPY
Write downs of inventoriesCurrentYearDuration502000000JPY
Salaries and allowances sgaPrior1YearDuration2306000000JPY
Salaries and allowances sgaCurrentYearDuration3657000000JPY
Provision for bonuses sgaPrior1YearDuration489000000JPY
Provision for bonuses sgaCurrentYearDuration746000000JPY
Provision for shareholder benefit program sgaPrior1YearDuration92000000JPY
Provision for shareholder benefit program sgaCurrentYearDuration143000000JPY
Provision of allowance for doubtful accounts sgaPrior1YearDuration0JPY
Provision of allowance for doubtful accounts sgaCurrentYearDuration26000000JPY
Retirement benefit expenses sgaPrior1YearDuration11000000JPY
Retirement benefit expenses sgaCurrentYearDuration21000000JPY
Cash and depositsPrior1YearInstant_NonConsolidatedMember5132000000JPY
Cash and depositsCurrentYearInstant_NonConsolidatedMember9815000000JPY
Accounts receivable tradePrior1YearInstant_NonConsolidatedMember323000000JPY
Accounts receivable tradeCurrentYearInstant_NonConsolidatedMember246000000JPY
Contract assetsPrior1YearInstant_NonConsolidatedMember429000000JPY
Contract assetsCurrentYearInstant_NonConsolidatedMember468000000JPY
Development projects in progressPrior1YearInstant_NonConsolidatedMember219000000JPY
Development projects in progressCurrentYearInstant_NonConsolidatedMember135000000JPY
Real estate for salePrior1YearInstant_NonConsolidatedMember21324000000JPY
Real estate for saleCurrentYearInstant_NonConsolidatedMember20233000000JPY
Advance payments otherPrior1YearInstant_NonConsolidatedMember1527000000JPY
Advance payments otherCurrentYearInstant_NonConsolidatedMember2774000000JPY
Prepaid expensesPrior1YearInstant_NonConsolidatedMember804000000JPY
Prepaid expensesCurrentYearInstant_NonConsolidatedMember1655000000JPY
Short term loans receivablePrior1YearInstant_NonConsolidatedMember-JPY
Short term loans receivableCurrentYearInstant_NonConsolidatedMember82000000JPY
Current portion of long term loans receivablePrior1YearInstant_NonConsolidatedMember188000000JPY
Current portion of long term loans receivableCurrentYearInstant_NonConsolidatedMember8000000JPY
Short term loans receivable to subsidiaries and affiliatesPrior1YearInstant_NonConsolidatedMember-JPY
Short term loans receivable to subsidiaries and affiliatesCurrentYearInstant_NonConsolidatedMember770000000JPY
Current portion of long term loans receivable from subsidiaries and affiliatesPrior1YearInstant_NonConsolidatedMember13617000000JPY
Current portion of long term loans receivable from subsidiaries and affiliatesCurrentYearInstant_NonConsolidatedMember2059000000JPY
Advances paidPrior1YearInstant_NonConsolidatedMember494000000JPY
Advances paidCurrentYearInstant_NonConsolidatedMember630000000JPY
Deposits paidPrior1YearInstant_NonConsolidatedMember12000000JPY
Deposits paidCurrentYearInstant_NonConsolidatedMember6000000JPY
Other caPrior1YearInstant_NonConsolidatedMember258000000JPY
Other caCurrentYearInstant_NonConsolidatedMember1038000000JPY
Allowance for doubtful accounts caPrior1YearInstant_NonConsolidatedMember-15000000JPY
Allowance for doubtful accounts caCurrentYearInstant_NonConsolidatedMember-JPY
Current assetsPrior1YearInstant_NonConsolidatedMember44314000000JPY
Current assetsCurrentYearInstant_NonConsolidatedMember39924000000JPY
Buildings netPrior1YearInstant_NonConsolidatedMember807000000JPY
Buildings netCurrentYearInstant_NonConsolidatedMember2015000000JPY
StructuresPrior1YearInstant_NonConsolidatedMember2000000JPY
StructuresCurrentYearInstant_NonConsolidatedMember2000000JPY
Machinery and equipment netPrior1YearInstant_NonConsolidatedMember51000000JPY

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 2024-08-31pass rounding
balance sheet identityconsolidated 2025-08-31pass rounding
balance sheet identitynon_consolidated 2024-08-31pass
balance sheet identitynon_consolidated 2025-08-31pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2023-08-31pass
statement vs summary · net assetsconsolidated 2024-08-31pass
statement vs summary · net assetsconsolidated 2025-08-31pass
statement vs summary · net assetsnon_consolidated 2023-08-31pass
statement vs summary · net assetsnon_consolidated 2024-08-31pass
statement vs summary · net assetsnon_consolidated 2025-08-31pass
statement vs summary · net income attributable to parentconsolidated 2023-09-01/2024-08-31pass
statement vs summary · net income attributable to parentconsolidated 2024-09-01/2025-08-31pass
statement vs summary · operating cash flowconsolidated 2023-09-01/2024-08-31pass
statement vs summary · operating cash flowconsolidated 2024-09-01/2025-08-31pass
statement vs summary · revenueconsolidated 2023-09-01/2024-08-31pass
statement vs summary · revenueconsolidated 2024-09-01/2025-08-31pass
statement vs summary · revenuenon_consolidated 2023-09-01/2024-08-31pass
statement vs summary · revenuenon_consolidated 2024-09-01/2025-08-31pass
statement vs summary · total assetsconsolidated 2024-08-31pass
statement vs summary · total assetsconsolidated 2025-08-31pass
statement vs summary · total assetsnon_consolidated 2024-08-31pass
statement vs summary · total assetsnon_consolidated 2025-08-31pass