Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-26
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 151
MetricValuePeriodScopeSource row
Revenue¥11.7bn2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥10.6bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥10.2bn2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
Revenue¥9.3bn2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Revenue¥8.3bn2021-04-01 → 2022-03-31vCons.Net sales (5-year summary)
Operating income¥2.0bn2025-04-01 → 2026-03-31Cons.Operating income
Operating income¥2.0bn2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income¥2.0bn2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income¥1.9bn2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥1.8bn2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥1.6bn2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥1.5bn2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥1.7bn2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax¥1.9bn2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)¥1.1bn2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥1.2bn2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥1.2bn2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥963m2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥944m2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥1.1bn2025-04-01 → 2026-03-31Cons.Profit loss
Net income¥1.2bn2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥12.4bnat 2026-03-31Cons.Assets
Total assets¥11.1bnat 2025-03-31Cons.Assets
Total assets¥9.6bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥8.2bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥7.4bnat 2022-03-31vCons.Total assets (5-year summary)
Total liabilities¥3.1bnat 2026-03-31Cons.Liabilities
Total liabilities¥2.6bnat 2025-03-31Cons.Liabilities
Net assets / equity¥9.4bnat 2026-03-31Cons.Net assets
Net assets / equity¥8.5bnat 2025-03-31Cons.Net assets
Net assets / equity¥7.3bnat 2024-03-31vCons.Net assets
Net assets / equity¥6.2bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥5.2bnat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥3.0bnat 2026-03-31Cons.Cash and deposits
Cash and deposits¥1.7bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥3.0bnat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥1.7bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥1.9bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥1.4bnat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥979mat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥1.6bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥2.1bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥2.0bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥2.3bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥698m2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥1.3bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥2.0bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.5bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥1.7bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥1.7bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥968m2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥313m2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow¥825,0002023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥200m2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥494m2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥20.252025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥21.392024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥21.282023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥17.492022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥17.142021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥21.292024-04-01 → 2025-03-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥21.132023-04-01 → 2024-03-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥17.372022-04-01 → 2023-03-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥17.022021-04-01 → 2022-03-31vCons.Diluted earnings per share (5-year summary)
Net assets per share¥170.37at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥152.94at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥131.65at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥110.76at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥93.68at 2022-03-31vCons.Net assets per share (5-year summary)
Equity ratio74.7%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio76.0%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio75.8%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio74.2%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio69.8%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
ROE12.6%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE15.0%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE17.6%2023-04-01 → 2024-03-31vCons.Rate of return on equity (5-year summary)
ROE17.1%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
ROE20.0%2021-04-01 → 2022-03-31vCons.Rate of return on equity (5-year summary)
Employees417at 2026-03-31Cons.Number of employees
Employees403at 2025-03-31Cons.Number of employees
Employees398at 2024-03-31vCons.Number of employees
Employees381at 2023-03-31vCons.Number of employees
Employees365at 2022-03-31vCons.Number of employees
Revenue¥11.4bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥10.3bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥10.0bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥9.0bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥8.0bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income¥2.0bn2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥1.9bn2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥2.0bn2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥1.9bn2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥1.9bn2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.8bn2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.6bn2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥1.7bn2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥1.9bn2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥1.1bn2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥1.2bn2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥1.0bn2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥1.0bn2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥1.0bn2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥12.2bnat 2026-03-31StandaloneAssets
Total assets¥11.0bnat 2025-03-31StandaloneAssets
Total assets¥9.4bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥8.2bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥7.3bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥3.0bnat 2026-03-31StandaloneLiabilities
Total liabilities¥2.5bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥9.2bnat 2026-03-31StandaloneNet assets
Net assets / equity¥8.4bnat 2025-03-31StandaloneNet assets
Net assets / equity¥7.2bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥6.2bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥5.2bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥2.8bnat 2026-03-31StandaloneCash and deposits
Cash and deposits¥1.5bnat 2025-03-31StandaloneCash and deposits
EPS (basic)¥19.382025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥21.372024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥19.012023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥18.172022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥18.42021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥21.272024-04-01 → 2025-03-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥18.882023-04-01 → 2024-03-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥18.052022-04-01 → 2023-03-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥18.272021-04-01 → 2022-03-31vStandaloneDiluted earnings per share (5-year summary)
Net assets per share¥169.19at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥152.64at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥131.38at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥112.76at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥94.99at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio75.3%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio76.8%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio76.9%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio75.5%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio71.5%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE12.1%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE15.0%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE15.6%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE17.5%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE21.3%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued54,598,528at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued55,198,528at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued55,163,232at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued55,143,968at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued55,139,520at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees398at 2026-03-31StandaloneNumber of employees
Employees391at 2025-03-31StandaloneNumber of employees
Employees383at 2024-03-31vStandaloneNumber of employees
Employees365at 2023-03-31vStandaloneNumber of employees
Employees349at 2022-03-31vStandaloneNumber 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 · 40
SegmentItemPeriodValue
Reconciling Itemsreconcilingdepreciation2025-04-01 → 2026-03-31¥1.3bn
Reconciling Itemsreconcilingrevenue2025-04-01 → 2026-03-31−¥2m
Reconciling Itemsreconcilingrevenue intersegment2025-04-01 → 2026-03-31−¥2m
Reconciling Itemsreconcilingsegment profit2025-04-01 → 2026-03-31−¥2.6bn
AX Businessreportable segmentdepreciation2025-04-01 → 2026-03-31¥55m
AX Businessreportable segmentemployeesat 2026-03-31282 pure
AX Businessreportable segmentrevenue2025-04-01 → 2026-03-31¥9.1bn
AX Businessreportable segmentrevenue external2025-04-01 → 2026-03-31¥9.1bn
AX Businessreportable segmentsegment profit2025-04-01 → 2026-03-31¥5.0bn
Agri Tech Businessreportable segmentdepreciation2025-04-01 → 2026-03-31¥26m
Agri Tech Businessreportable segmentemployeesat 2026-03-3175 pure
Agri Tech Businessreportable segmentrevenue2025-04-01 → 2026-03-31¥2.6bn
Agri Tech Businessreportable segmentrevenue external2025-04-01 → 2026-03-31¥2.6bn
Agri Tech Businessreportable segmentrevenue intersegment2025-04-01 → 2026-03-31¥2m
Agri Tech Businessreportable segmentsegment profit2025-04-01 → 2026-03-31−¥460m
—segment totaldepreciation2025-04-01 → 2026-03-31¥81m
—segment totalrevenue2025-04-01 → 2026-03-31¥11.7bn
—segment totalrevenue external2025-04-01 → 2026-03-31¥11.7bn
—segment totalrevenue intersegment2025-04-01 → 2026-03-31¥2m
—segment totalsegment profit2025-04-01 → 2026-03-31¥4.5bn
Reconciling Itemsreconcilingdepreciation2024-04-01 → 2025-03-31¥1.0bn
Reconciling Itemsreconcilingrevenue2024-04-01 → 2025-03-31−¥1m
Reconciling Itemsreconcilingrevenue intersegment2024-04-01 → 2025-03-31−¥1m
Reconciling Itemsreconcilingsegment profit2024-04-01 → 2025-03-31−¥2.3bn
AX Businessreportable segmentdepreciation2024-04-01 → 2025-03-31¥62m
AX Businessreportable segmentrevenue2024-04-01 → 2025-03-31¥8.9bn
AX Businessreportable segmentrevenue external2024-04-01 → 2025-03-31¥8.9bn
AX Businessreportable segmentsegment profit2024-04-01 → 2025-03-31¥4.7bn
Agri Tech Businessreportable segmentdepreciation2024-04-01 → 2025-03-31¥14m
Agri Tech Businessreportable segmentrevenue2024-04-01 → 2025-03-31¥1.7bn
Agri Tech Businessreportable segmentrevenue external2024-04-01 → 2025-03-31¥1.7bn
Agri Tech Businessreportable segmentrevenue intersegment2024-04-01 → 2025-03-31¥1m
Agri Tech Businessreportable segmentsegment profit2024-04-01 → 2025-03-31−¥403m
—segment totaldepreciation2024-04-01 → 2025-03-31¥76m
—segment totalrevenue2024-04-01 → 2025-03-31¥10.6bn
—segment totalrevenue external2024-04-01 → 2025-03-31¥10.6bn
—segment totalrevenue intersegment2024-04-01 → 2025-03-31¥1m
—segment totalsegment profit2024-04-01 → 2025-03-31¥4.2bn
AX Businessreportable segmentemployeesat 2026-03-31272 pure
Agri Tech Businessreportable segmentemployeesat 2026-03-3166 pure

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

All source rows · 1,373
ItemContextValueUnit
Purchase of investment securities inv cfCurrentYearDuration-JPY
Proceeds from redemption of investment securities inv cfPrior1YearDuration-JPY
Proceeds from redemption of investment securities inv cfCurrentYearDuration330000000JPY
Proceeds from liquidation of investments in associates inv cfPrior1YearDuration-JPY
Proceeds from liquidation of investments in associates inv cfCurrentYearDuration6515000JPY
Payments for lease and guarantee deposits inv cfPrior1YearDuration-JPY
Payments for lease and guarantee deposits inv cfCurrentYearDuration-1057000JPY
Proceeds from collection of lease and guarantee deposits inv cfPrior1YearDuration11000JPY
Proceeds from collection of lease and guarantee deposits inv cfCurrentYearDuration69000JPY
Subsidies received inv cfPrior1YearDuration1954000JPY
Subsidies received inv cfCurrentYearDuration31089000JPY
Other net inv cfPrior1YearDuration1220000JPY
Other net inv cfCurrentYearDuration30162000JPY
Net cash provided by used in investment activitiesPrior1YearDuration-1966100000JPY
Net cash provided by used in investment activitiesCurrentYearDuration-1291446000JPY
Increase in short term loans payable fin cfPrior1YearDuration-JPY
Increase in short term loans payable fin cfCurrentYearDuration2000000000JPY
Decrease in short term loans payable fin cfPrior1YearDuration-314550000JPY
Decrease in short term loans payable fin cfCurrentYearDuration-750000000JPY
Purchase of treasury stock fin cfPrior1YearDuration-99000JPY
Purchase of treasury stock fin cfCurrentYearDuration-282000000JPY
Proceeds from issuance of stock resulting from exercise of subscription rights to shares fin cfPrior1YearDuration1694000JPY
Proceeds from issuance of stock resulting from exercise of subscription rights to shares fin cfCurrentYearDuration-JPY
Net cash provided by used in financing activitiesPrior1YearDuration-312955000JPY
Net cash provided by used in financing activitiesCurrentYearDuration968000000JPY
Net increase decrease in cash and cash equivalentsPrior1YearDuration-167957000JPY
Net increase decrease in cash and cash equivalentsCurrentYearDuration1270885000JPY
Cash and cash equivalentsPrior2YearInstant1902753000JPY
Cash and cash equivalentsPrior1YearInstant1734795000JPY
Cash and cash equivalentsPrior1YearInstant1734795000JPY
Cash and cash equivalentsCurrentYearInstant3005680000JPY
Number of consolidated subsidiariesCurrentYearInstant4
Number of associates accounted for using equity methodCurrentYearInstant4
Accumulated depreciation ppe by groupPrior1YearInstant-509281000JPY
Accumulated depreciation ppe by groupCurrentYearInstant-587643000JPY
Salaries and allowances sgaPrior1YearDuration825057000JPY
Salaries and allowances sgaCurrentYearDuration819221000JPY
Provision for bonuses sgaPrior1YearDuration115667000JPY
Provision for bonuses sgaCurrentYearDuration122243000JPY
Provision for directors bonuses sgaPrior1YearDuration21633000JPY
Provision for directors bonuses sgaCurrentYearDuration21741000JPY
Research and development expenses sgaPrior1YearDuration605254000JPY
Research and development expenses sgaCurrentYearDuration728986000JPY
Business consignment expenses sgaPrior1YearDuration344771000JPY
Business consignment expenses sgaCurrentYearDuration285369000JPY
Research and development expenses included in general and administrative expenses and manufacturing cost for current periodPrior1YearDuration605254000JPY
Research and development expenses included in general and administrative expenses and manufacturing cost for current periodCurrentYearDuration728986000JPY
Revenues from external customersPrior1YearDuration_jpcrp030000-asr_E30918-000AXBusinessReportableSegmentMember8852038000JPY
Revenues from external customersPrior1YearDuration_jpcrp030000-asr_E30918-000AgriTechBusinessReportableSegmentMember1728598000JPY
Revenues from external customersPrior1YearDuration_ReportableSegmentsMember10580636000JPY

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 2025-03-31pass
balance sheet identityconsolidated 2026-03-31pass
balance sheet identitynon_consolidated 2025-03-31pass
balance sheet identitynon_consolidated 2026-03-31pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2024-03-31pass
statement vs summary · net assetsconsolidated 2025-03-31pass
statement vs summary · net assetsconsolidated 2026-03-31pass
statement vs summary · net assetsnon_consolidated 2024-03-31pass
statement vs summary · net assetsnon_consolidated 2025-03-31pass
statement vs summary · net assetsnon_consolidated 2026-03-31pass
statement vs summary · net income attributable to parentconsolidated 2024-04-01/2025-03-31pass
statement vs summary · net income attributable to parentconsolidated 2025-04-01/2026-03-31pass
statement vs summary · operating cash flowconsolidated 2024-04-01/2025-03-31pass
statement vs summary · operating cash flowconsolidated 2025-04-01/2026-03-31pass
statement vs summary · revenueconsolidated 2024-04-01/2025-03-31pass
statement vs summary · revenueconsolidated 2025-04-01/2026-03-31pass
statement vs summary · revenuenon_consolidated 2024-04-01/2025-03-31pass
statement vs summary · revenuenon_consolidated 2025-04-01/2026-03-31pass
statement vs summary · total assetsconsolidated 2025-03-31pass
statement vs summary · total assetsconsolidated 2026-03-31pass
statement vs summary · total assetsnon_consolidated 2025-03-31pass
statement vs summary · total assetsnon_consolidated 2026-03-31pass