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
Net assets (5-year summary)CurrentYearInstant9378238000JPY
Total assets (5-year summary)Prior4YearInstant7387477000JPY
Total assets (5-year summary)Prior3YearInstant8219451000JPY
Total assets (5-year summary)Prior2YearInstant9562534000JPY
Total assets (5-year summary)Prior1YearInstant11094073000JPY
Total assets (5-year summary)CurrentYearInstant12431249000JPY
Net assets per share (5-year summary)Prior4YearInstant93.68
Net assets per share (5-year summary)Prior3YearInstant110.76
Net assets per share (5-year summary)Prior2YearInstant131.65
Net assets per share (5-year summary)Prior1YearInstant152.94
Net assets per share (5-year summary)CurrentYearInstant170.37
Basic earnings loss per share (5-year summary)Prior4YearDuration17.14
Basic earnings loss per share (5-year summary)Prior3YearDuration17.49
Basic earnings loss per share (5-year summary)Prior2YearDuration21.28
Basic earnings loss per share (5-year summary)Prior1YearDuration21.39
Basic earnings loss per share (5-year summary)CurrentYearDuration20.25
Diluted earnings per share (5-year summary)Prior4YearDuration17.02
Diluted earnings per share (5-year summary)Prior3YearDuration17.37
Diluted earnings per share (5-year summary)Prior2YearDuration21.13
Diluted earnings per share (5-year summary)Prior1YearDuration21.29
Diluted earnings per share (5-year summary)CurrentYearDuration-
Equity to asset ratio (5-year summary)Prior4YearInstant0.698
Equity to asset ratio (5-year summary)Prior3YearInstant0.742
Equity to asset ratio (5-year summary)Prior2YearInstant0.758
Equity to asset ratio (5-year summary)Prior1YearInstant0.760
Equity to asset ratio (5-year summary)CurrentYearInstant0.747
Rate of return on equity (5-year summary)Prior4YearDuration0.200
Rate of return on equity (5-year summary)Prior3YearDuration0.171
Rate of return on equity (5-year summary)Prior2YearDuration0.176
Rate of return on equity (5-year summary)Prior1YearDuration0.150
Rate of return on equity (5-year summary)CurrentYearDuration0.126
Price earnings ratio (5-year summary)Prior4YearDuration59.85
Price earnings ratio (5-year summary)Prior3YearDuration53.01
Price earnings ratio (5-year summary)Prior2YearDuration48.69
Price earnings ratio (5-year summary)Prior1YearDuration30.39
Price earnings ratio (5-year summary)CurrentYearDuration20.49
Net cash provided by used in operating activities (5-year summary)Prior4YearDuration698237000JPY
Net cash provided by used in operating activities (5-year summary)Prior3YearDuration2313091000JPY
Net cash provided by used in operating activities (5-year summary)Prior2YearDuration1965133000JPY
Net cash provided by used in operating activities (5-year summary)Prior1YearDuration2111097000JPY
Net cash provided by used in operating activities (5-year summary)CurrentYearDuration1594331000JPY
Net cash provided by used in investing activities (5-year summary)Prior4YearDuration-1666254000JPY
Net cash provided by used in investing activities (5-year summary)Prior3YearDuration-1651715000JPY
Net cash provided by used in investing activities (5-year summary)Prior2YearDuration-1504066000JPY
Net cash provided by used in investing activities (5-year summary)Prior1YearDuration-1966100000JPY
Net cash provided by used in investing activities (5-year summary)CurrentYearDuration-1291446000JPY
Net cash provided by used in financing activities (5-year summary)Prior4YearDuration493739000JPY
Net cash provided by used in financing activities (5-year summary)Prior3YearDuration-199915000JPY
Net cash provided by used in financing activities (5-year summary)Prior2YearDuration825000JPY
Net cash provided by used in financing activities (5-year summary)Prior1YearDuration-312955000JPY

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