Annual report

Period2024-05-01 → 2025-04-30
Filed2025-07-31
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 120
MetricValuePeriodScopeSource row
Revenue¥5.4bn2024-05-01 → 2025-04-30Cons.Net sales
Revenue¥5.5bn2023-05-01 → 2024-04-30Cons.Net sales
Revenue¥4.5bn2022-05-01 → 2023-04-30dCons.Net sales (5-year summary)
Operating income¥690m2024-05-01 → 2025-04-30Cons.Operating income
Operating income¥812m2023-05-01 → 2024-04-30Cons.Operating income
Ordinary income¥611m2024-05-01 → 2025-04-30Cons.Ordinary income
Ordinary income¥716m2023-05-01 → 2024-04-30Cons.Ordinary income
Ordinary income¥415m2022-05-01 → 2023-04-30dCons.Ordinary income loss (5-year summary)
Profit before tax¥1.2bn2024-05-01 → 2025-04-30Cons.Income before income taxes
Profit before tax¥729m2023-05-01 → 2024-04-30Cons.Income before income taxes
Net income (owners)¥818m2024-05-01 → 2025-04-30Cons.Profit loss attributable to owners of parent
Net income (owners)¥478m2023-05-01 → 2024-04-30Cons.Profit loss attributable to owners of parent
Net income (owners)¥308m2022-05-01 → 2023-04-30dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥818m2024-05-01 → 2025-04-30Cons.Profit loss
Net income¥478m2023-05-01 → 2024-04-30Cons.Profit loss
Total assets¥12.2bnat 2025-04-30Cons.Assets
Total assets¥14.5bnat 2024-04-30Cons.Assets
Total assets¥11.6bnat 2023-04-30dCons.Total assets (5-year summary)
Total liabilities¥8.0bnat 2025-04-30Cons.Liabilities
Total liabilities¥11.0bnat 2024-04-30Cons.Liabilities
Net assets / equity¥4.3bnat 2025-04-30Cons.Net assets
Net assets / equity¥3.5bnat 2024-04-30Cons.Net assets
Net assets / equity¥3.0bnat 2023-04-30dCons.Net assets
Cash and deposits¥1.9bnat 2025-04-30Cons.Cash and deposits
Cash and deposits¥1.5bnat 2024-04-30Cons.Cash and deposits
Cash & equivalents¥1.8bnat 2025-04-30Cons.Cash and cash equivalents
Cash & equivalents¥1.2bnat 2024-04-30Cons.Cash and cash equivalents
Cash & equivalents¥1.5bnat 2023-04-30dCons.Cash and cash equivalents
Operating cash flow¥644m2024-05-01 → 2025-04-30Cons.Net cash provided by used in operating activities
Operating cash flow¥856m2023-05-01 → 2024-04-30Cons.Net cash provided by used in operating activities
Operating cash flow¥979m2022-05-01 → 2023-04-30dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow¥2.7bn2024-05-01 → 2025-04-30Cons.Net cash provided by used in investment activities
Investing cash flow−¥3.0bn2023-05-01 → 2024-04-30Cons.Net cash provided by used in investment activities
Investing cash flow−¥356m2022-05-01 → 2023-04-30dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥2.7bn2024-05-01 → 2025-04-30Cons.Net cash provided by used in financing activities
Financing cash flow¥1.8bn2023-05-01 → 2024-04-30Cons.Net cash provided by used in financing activities
Financing cash flow−¥773m2022-05-01 → 2023-04-30dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥758.452024-05-01 → 2025-04-30Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥443.422023-05-01 → 2024-04-30Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥286.012022-05-01 → 2023-04-30dCons.Basic earnings loss per share (5-year summary)
Net assets per share¥3,958.44at 2025-04-30Cons.Net assets per share (5-year summary)
Net assets per share¥3,222.99at 2024-04-30Cons.Net assets per share (5-year summary)
Net assets per share¥2,799.57at 2023-04-30dCons.Net assets per share (5-year summary)
Equity ratio34.9%at 2025-04-30Cons.Equity to asset ratio (5-year summary)
Equity ratio24.0%at 2024-04-30Cons.Equity to asset ratio (5-year summary)
Equity ratio25.9%at 2023-04-30dCons.Equity to asset ratio (5-year summary)
ROE21.1%2024-05-01 → 2025-04-30Cons.Rate of return on equity (5-year summary)
ROE14.7%2023-05-01 → 2024-04-30Cons.Rate of return on equity (5-year summary)
ROE10.7%2022-05-01 → 2023-04-30dCons.Rate of return on equity (5-year summary)
Employees42at 2025-04-30Cons.Number of employees
Employees40at 2024-04-30Cons.Number of employees
Employees43at 2023-04-30dCons.Number of employees
Revenue¥5.4bn2024-05-01 → 2025-04-30StandaloneNet sales
Revenue¥5.5bn2023-05-01 → 2024-04-30StandaloneNet sales
Revenue¥4.5bn2022-05-01 → 2023-04-30dStandaloneNet sales (5-year summary)
Revenue¥4.6bn2021-05-01 → 2022-04-30dStandaloneNet sales (5-year summary)
Revenue¥3.2bn2020-05-01 → 2021-04-30dStandaloneNet sales (5-year summary)
Operating income¥679m2024-05-01 → 2025-04-30StandaloneOperating income
Operating income¥784m2023-05-01 → 2024-04-30StandaloneOperating income
Ordinary income¥601m2024-05-01 → 2025-04-30StandaloneOrdinary income
Ordinary income¥690m2023-05-01 → 2024-04-30StandaloneOrdinary income
Ordinary income¥400m2022-05-01 → 2023-04-30dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥659m2021-05-01 → 2022-04-30dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥158m2020-05-01 → 2021-04-30dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥1.2bn2024-05-01 → 2025-04-30StandaloneIncome before income taxes
Profit before tax¥702m2023-05-01 → 2024-04-30StandaloneIncome before income taxes
Net income¥810m2024-05-01 → 2025-04-30StandaloneProfit loss
Net income¥458m2023-05-01 → 2024-04-30StandaloneProfit loss
Net income¥268m2022-05-01 → 2023-04-30dStandaloneNet income loss (5-year summary)
Net income¥261m2021-05-01 → 2022-04-30dStandaloneNet income loss (5-year summary)
Net income¥120m2020-05-01 → 2021-04-30dStandaloneNet income loss (5-year summary)
Total assets¥12.1bnat 2025-04-30StandaloneAssets
Total assets¥14.3bnat 2024-04-30StandaloneAssets
Total assets¥11.5bnat 2023-04-30dStandaloneTotal assets (5-year summary)
Total assets¥11.8bnat 2022-04-30dStandaloneTotal assets (5-year summary)
Total assets¥11.9bnat 2021-04-30dStandaloneTotal assets (5-year summary)
Total liabilities¥8.0bnat 2025-04-30StandaloneLiabilities
Total liabilities¥11.0bnat 2024-04-30StandaloneLiabilities
Net assets / equity¥4.1bnat 2025-04-30StandaloneNet assets
Net assets / equity¥3.4bnat 2024-04-30StandaloneNet assets
Net assets / equity¥2.9bnat 2023-04-30dStandaloneNet assets
Net assets / equity¥2.7bnat 2022-04-30dStandaloneNet assets (5-year summary)
Net assets / equity¥2.4bnat 2021-04-30dStandaloneNet assets (5-year summary)
Cash and deposits¥1.8bnat 2025-04-30StandaloneCash and deposits
Cash and deposits¥1.4bnat 2024-04-30StandaloneCash and deposits
EPS (basic)¥750.922024-05-01 → 2025-04-30StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥425.12023-05-01 → 2024-04-30StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥248.152022-05-01 → 2023-04-30dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥242.452021-05-01 → 2022-04-30dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥111.192020-05-01 → 2021-04-30dStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥502024-05-01 → 2025-04-30StandaloneDividend paid per share (5-year summary)
Dividend per share¥232023-05-01 → 2024-04-30StandaloneDividend paid per share (5-year summary)
Dividend per share¥202022-05-01 → 2023-04-30dStandaloneDividend paid per share (5-year summary)
Dividend per share¥202021-05-01 → 2022-04-30dStandaloneDividend paid per share (5-year summary)
Dividend per share¥102020-05-01 → 2021-04-30dStandaloneDividend paid per share (5-year summary)
Net assets per share¥3,844.95at 2025-04-30StandaloneNet assets per share (5-year summary)
Net assets per share¥3,117.03at 2024-04-30StandaloneNet assets per share (5-year summary)
Net assets per share¥2,711.93at 2023-04-30dStandaloneNet assets per share (5-year summary)
Net assets per share¥2,478.04at 2022-04-30dStandaloneNet assets per share (5-year summary)
Net assets per share¥2,244.53at 2021-04-30dStandaloneNet assets per share (5-year summary)
Equity ratio34.3%at 2025-04-30StandaloneEquity to asset ratio (5-year summary)
Equity ratio23.5%at 2024-04-30StandaloneEquity to asset ratio (5-year summary)
Equity ratio25.3%at 2023-04-30dStandaloneEquity to asset ratio (5-year summary)
Equity ratio22.7%at 2022-04-30dStandaloneEquity to asset ratio (5-year summary)
Equity ratio20.4%at 2021-04-30dStandaloneEquity to asset ratio (5-year summary)
ROE21.6%2024-05-01 → 2025-04-30StandaloneRate of return on equity (5-year summary)
ROE14.6%2023-05-01 → 2024-04-30StandaloneRate of return on equity (5-year summary)
ROE9.6%2022-05-01 → 2023-04-30dStandaloneRate of return on equity (5-year summary)
ROE10.3%2021-05-01 → 2022-04-30dStandaloneRate of return on equity (5-year summary)
ROE5.1%2020-05-01 → 2021-04-30dStandaloneRate of return on equity (5-year summary)
Shares issued1,086,000at 2025-04-30StandaloneTotal number of issued shares (5-year summary)
Shares issued1,086,000at 2024-04-30StandaloneTotal number of issued shares (5-year summary)
Shares issued1,086,000at 2023-04-30dStandaloneTotal number of issued shares (5-year summary)
Shares issued1,086,000at 2022-04-30dStandaloneTotal number of issued shares (5-year summary)
Shares issued1,086,000at 2021-04-30dStandaloneTotal number of issued shares (5-year summary)
Employees21at 2025-04-30StandaloneNumber of employees
Employees22at 2024-04-30StandaloneNumber of employees
Employees24at 2023-04-30dStandaloneNumber of employees
Employees21at 2022-04-30dStandaloneNumber of employees
Employees25at 2021-04-30dStandaloneNumber 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 · 57
SegmentItemPeriodValue
Reconciling Itemsreconcilingcapex2024-05-01 → 2025-04-30¥15m
Reconciling Itemsreconcilingsegment assetsat 2025-04-30¥2.8bn
Development Segmentreportable segmentdepreciation2024-05-01 → 2025-04-30¥10m
Development Segmentreportable segmentemployeesat 2025-04-307 pure
Development Segmentreportable segmentrevenue2024-05-01 → 2025-04-30¥3.6bn
Development Segmentreportable segmentrevenue external2024-05-01 → 2025-04-30¥3.6bn
Development Segmentreportable segmentsegment assetsat 2025-04-30¥4.0bn
Development Segmentreportable segmentsegment profit2024-05-01 → 2025-04-30¥296m
Hotel Segmentreportable segmentcapex2024-05-01 → 2025-04-30¥15m
Hotel Segmentreportable segmentdepreciation2024-05-01 → 2025-04-30¥137m
Hotel Segmentreportable segmentemployeesat 2025-04-3018 pure
Hotel Segmentreportable segmentrevenue2024-05-01 → 2025-04-30¥1.2bn
Hotel Segmentreportable segmentrevenue external2024-05-01 → 2025-04-30¥1.2bn
Hotel Segmentreportable segmentsegment assetsat 2025-04-30¥2.8bn
Hotel Segmentreportable segmentsegment profit2024-05-01 → 2025-04-30¥223m
Stock Segmentreportable segmentcapex2024-05-01 → 2025-04-30¥124m
Stock Segmentreportable segmentdepreciation2024-05-01 → 2025-04-30¥34m
Stock Segmentreportable segmentemployeesat 2025-04-309 pure
Stock Segmentreportable segmentrevenue2024-05-01 → 2025-04-30¥572m
Stock Segmentreportable segmentrevenue external2024-05-01 → 2025-04-30¥572m
Stock Segmentreportable segmentsegment assetsat 2025-04-30¥2.6bn
Stock Segmentreportable segmentsegment profit2024-05-01 → 2025-04-30¥171m
—segment totalcapex2024-05-01 → 2025-04-30¥139m
—segment totaldepreciation2024-05-01 → 2025-04-30¥181m
—segment totalemployeesat 2025-04-3034 pure
—segment totalrevenue2024-05-01 → 2025-04-30¥5.4bn
—segment totalrevenue external2024-05-01 → 2025-04-30¥5.4bn
—segment totalsegment assetsat 2025-04-30¥9.4bn
—segment totalsegment profit2024-05-01 → 2025-04-30¥690m
Reconciling Itemsreconcilingcapex2023-05-01 → 2024-04-30¥7m
Reconciling Itemsreconcilingsegment assetsat 2024-04-30¥2.3bn
Development Segmentreportable segmentcapex2023-05-01 → 2024-04-30¥68m
Development Segmentreportable segmentdepreciation2023-05-01 → 2024-04-30¥8m
Development Segmentreportable segmentrevenue2023-05-01 → 2024-04-30¥3.9bn
Development Segmentreportable segmentrevenue external2023-05-01 → 2024-04-30¥3.9bn
Development Segmentreportable segmentsegment assetsat 2024-04-30¥4.5bn
Development Segmentreportable segmentsegment profit2023-05-01 → 2024-04-30¥528m
Hotel Segmentreportable segmentdepreciation2023-05-01 → 2024-04-30¥142m
Hotel Segmentreportable segmentrevenue2023-05-01 → 2024-04-30¥1.1bn
Hotel Segmentreportable segmentrevenue external2023-05-01 → 2024-04-30¥1.1bn
Hotel Segmentreportable segmentsegment assetsat 2024-04-30¥2.9bn
Hotel Segmentreportable segmentsegment profit2023-05-01 → 2024-04-30¥129m
Stock Segmentreportable segmentcapex2023-05-01 → 2024-04-30¥2.8bn
Stock Segmentreportable segmentdepreciation2023-05-01 → 2024-04-30¥41m
Stock Segmentreportable segmentrevenue2023-05-01 → 2024-04-30¥573m
Stock Segmentreportable segmentrevenue external2023-05-01 → 2024-04-30¥573m
Stock Segmentreportable segmentsegment assetsat 2024-04-30¥4.7bn
Stock Segmentreportable segmentsegment profit2023-05-01 → 2024-04-30¥155m
—segment totalcapex2023-05-01 → 2024-04-30¥2.8bn
—segment totaldepreciation2023-05-01 → 2024-04-30¥190m
—segment totalrevenue2023-05-01 → 2024-04-30¥5.5bn
—segment totalrevenue external2023-05-01 → 2024-04-30¥5.5bn
—segment totalsegment assetsat 2024-04-30¥12.1bn
—segment totalsegment profit2023-05-01 → 2024-04-30¥812m
Development Segmentreportable segmentemployeesat 2025-04-307 pure
Stock Segmentreportable segmentemployeesat 2025-04-307 pure
—segment totalemployeesat 2025-04-3014 pure

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

All source rows · 1,315
ItemContextValueUnit
Other nclPrior1YearInstant_NonConsolidatedMember144295000JPY
Other nclCurrentYearInstant_NonConsolidatedMember128736000JPY
Noncurrent liabilitiesPrior1YearInstant_NonConsolidatedMember8376435000JPY
Noncurrent liabilitiesCurrentYearInstant_NonConsolidatedMember5325620000JPY
LiabilitiesPrior1YearInstant_NonConsolidatedMember10967439000JPY
LiabilitiesCurrentYearInstant_NonConsolidatedMember7952080000JPY
Capital stockPrior1YearInstant_NonConsolidatedMember99000000JPY
Capital stockCurrentYearInstant_NonConsolidatedMember99000000JPY
Legal capital surplusPrior1YearInstant_NonConsolidatedMember49000000JPY
Legal capital surplusCurrentYearInstant_NonConsolidatedMember49000000JPY
Other capital surplusPrior1YearInstant_NonConsolidatedMember6400000JPY
Other capital surplusCurrentYearInstant_NonConsolidatedMember6400000JPY
Capital surplusPrior1YearInstant_NonConsolidatedMember55400000JPY
Capital surplusCurrentYearInstant_NonConsolidatedMember55400000JPY
Reserve for special depreciationPrior1YearInstant_NonConsolidatedMember43477000JPY
Reserve for special depreciationCurrentYearInstant_NonConsolidatedMember34448000JPY
General reservePrior1YearInstant_NonConsolidatedMember494000000JPY
General reserveCurrentYearInstant_NonConsolidatedMember494000000JPY
Retained earnings brought forwardPrior1YearInstant_NonConsolidatedMember2679214000JPY
Retained earnings brought forwardCurrentYearInstant_NonConsolidatedMember3473305000JPY
Retained earningsPrior1YearInstant_NonConsolidatedMember3216691000JPY
Retained earningsCurrentYearInstant_NonConsolidatedMember4001753000JPY
Treasury stockPrior1YearInstant_NonConsolidatedMember-9375000JPY
Treasury stockCurrentYearInstant_NonConsolidatedMember-9375000JPY
Shareholders equityPrior1YearInstant_NonConsolidatedMember3361716000JPY
Shareholders equityCurrentYearInstant_NonConsolidatedMember4146778000JPY
Net assetsPrior1YearInstant_NonConsolidatedMember3361716000JPY
Net assetsCurrentYearInstant_NonConsolidatedMember4146778000JPY
Liabilities and net assetsPrior1YearInstant_NonConsolidatedMember14329156000JPY
Liabilities and net assetsCurrentYearInstant_NonConsolidatedMember12098859000JPY
Net salesPrior1YearDuration_NonConsolidatedMember5532623000JPY
Net salesCurrentYearDuration_NonConsolidatedMember5438646000JPY
Cost of salesPrior1YearDuration_NonConsolidatedMember3937300000JPY
Cost of salesCurrentYearDuration_NonConsolidatedMember3937871000JPY
Gross profitPrior1YearDuration_NonConsolidatedMember1595322000JPY
Gross profitCurrentYearDuration_NonConsolidatedMember1500774000JPY
Selling general and administrative expensesPrior1YearDuration_NonConsolidatedMember811414000JPY
Selling general and administrative expensesCurrentYearDuration_NonConsolidatedMember822085000JPY
Operating incomePrior1YearDuration_NonConsolidatedMember783907000JPY
Operating incomeCurrentYearDuration_NonConsolidatedMember678689000JPY
Interest income noiPrior1YearDuration_NonConsolidatedMember259000JPY
Interest income noiCurrentYearDuration_NonConsolidatedMember1221000JPY
Dividends income noiPrior1YearDuration_NonConsolidatedMember5000JPY
Dividends income noiCurrentYearDuration_NonConsolidatedMember5000JPY
Foreign exchange gains noiPrior1YearDuration_NonConsolidatedMember7105000JPY
Foreign exchange gains noiCurrentYearDuration_NonConsolidatedMember-JPY
Subsidy income noi bountyPrior1YearDuration_NonConsolidatedMember2167000JPY
Subsidy income noi bountyCurrentYearDuration_NonConsolidatedMember-JPY
Commission fee noiPrior1YearDuration_NonConsolidatedMember2703000JPY
Commission fee noiCurrentYearDuration_NonConsolidatedMember3563000JPY

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 2024-04-30pass
balance sheet identityconsolidated 2025-04-30pass
balance sheet identitynon_consolidated 2024-04-30pass rounding
balance sheet identitynon_consolidated 2025-04-30pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2023-04-30pass
statement vs summary · net assetsconsolidated 2024-04-30pass
statement vs summary · net assetsconsolidated 2025-04-30pass
statement vs summary · net assetsnon_consolidated 2023-04-30pass
statement vs summary · net assetsnon_consolidated 2024-04-30pass
statement vs summary · net assetsnon_consolidated 2025-04-30pass
statement vs summary · net income attributable to parentconsolidated 2023-05-01/2024-04-30pass
statement vs summary · net income attributable to parentconsolidated 2024-05-01/2025-04-30pass
statement vs summary · operating cash flowconsolidated 2023-05-01/2024-04-30pass
statement vs summary · operating cash flowconsolidated 2024-05-01/2025-04-30pass
statement vs summary · revenueconsolidated 2023-05-01/2024-04-30pass
statement vs summary · revenueconsolidated 2024-05-01/2025-04-30pass
statement vs summary · revenuenon_consolidated 2023-05-01/2024-04-30pass
statement vs summary · revenuenon_consolidated 2024-05-01/2025-04-30pass
statement vs summary · total assetsconsolidated 2024-04-30pass
statement vs summary · total assetsconsolidated 2025-04-30pass
statement vs summary · total assetsnon_consolidated 2024-04-30pass
statement vs summary · total assetsnon_consolidated 2025-04-30pass