Annual report

Period2025-05-01 → 2026-04-30
Filed2026-07-30
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 136
MetricValuePeriodScopeSource row
Revenue¥5.5bn2025-05-01 → 2026-04-30Cons.Net sales
Revenue¥5.4bn2024-05-01 → 2025-04-30Cons.Net sales
Revenue¥5.5bn2023-05-01 → 2024-04-30dCons.Net sales (5-year summary)
Revenue¥4.5bn2022-05-01 → 2023-04-30dCons.Net sales (5-year summary)
Operating income¥858m2025-05-01 → 2026-04-30Cons.Operating income
Operating income¥690m2024-05-01 → 2025-04-30Cons.Operating income
Ordinary income¥721m2025-05-01 → 2026-04-30Cons.Ordinary income
Ordinary income¥611m2024-05-01 → 2025-04-30Cons.Ordinary income
Ordinary income¥716m2023-05-01 → 2024-04-30dCons.Ordinary income loss (5-year summary)
Ordinary income¥415m2022-05-01 → 2023-04-30dCons.Ordinary income loss (5-year summary)
Profit before tax¥767m2025-05-01 → 2026-04-30Cons.Income before income taxes
Profit before tax¥1.2bn2024-05-01 → 2025-04-30Cons.Income before income taxes
Net income (owners)¥548m2025-05-01 → 2026-04-30Cons.Profit loss attributable to owners of parent
Net income (owners)¥818m2024-05-01 → 2025-04-30Cons.Profit loss attributable to owners of parent
Net income (owners)¥478m2023-05-01 → 2024-04-30dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥308m2022-05-01 → 2023-04-30dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥548m2025-05-01 → 2026-04-30Cons.Profit loss
Net income¥818m2024-05-01 → 2025-04-30Cons.Profit loss
Total assets¥13.3bnat 2026-04-30Cons.Assets
Total assets¥12.2bnat 2025-04-30Cons.Assets
Total assets¥14.5bnat 2024-04-30dCons.Total assets (5-year summary)
Total assets¥11.6bnat 2023-04-30dCons.Total assets (5-year summary)
Total liabilities¥8.2bnat 2026-04-30Cons.Liabilities
Total liabilities¥8.0bnat 2025-04-30Cons.Liabilities
Net assets / equity¥5.2bnat 2026-04-30Cons.Net assets
Net assets / equity¥4.3bnat 2025-04-30Cons.Net assets
Net assets / equity¥3.5bnat 2024-04-30dCons.Net assets
Net assets / equity¥3.0bnat 2023-04-30dCons.Net assets (5-year summary)
Cash and deposits¥2.2bnat 2026-04-30Cons.Cash and deposits
Cash and deposits¥1.9bnat 2025-04-30Cons.Cash and deposits
Cash & equivalents¥2.2bnat 2026-04-30Cons.Cash and cash equivalents
Cash & equivalents¥1.8bnat 2025-04-30Cons.Cash and cash equivalents
Cash & equivalents¥1.2bnat 2024-04-30dCons.Cash and cash equivalents
Cash & equivalents¥1.5bnat 2023-04-30dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥44m2025-05-01 → 2026-04-30Cons.Net cash provided by used in operating activities
Operating cash flow¥644m2024-05-01 → 2025-04-30Cons.Net cash provided by used in operating activities
Operating cash flow¥856m2023-05-01 → 2024-04-30dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥979m2022-05-01 → 2023-04-30dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥371m2025-05-01 → 2026-04-30Cons.Net cash provided by used in investment activities
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 → 2024-04-30dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥356m2022-05-01 → 2023-04-30dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥683m2025-05-01 → 2026-04-30Cons.Net cash provided by used in financing activities
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 → 2024-04-30dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥773m2022-05-01 → 2023-04-30dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥452.392025-05-01 → 2026-04-30Cons.Basic earnings loss per share (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 → 2024-04-30dCons.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)
EPS (diluted)¥449.662025-05-01 → 2026-04-30Cons.Diluted earnings per share (5-year summary)
Net assets per share¥4,114.35at 2026-04-30Cons.Net assets 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 2024-04-30dCons.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 ratio38.7%at 2026-04-30Cons.Equity to asset ratio (5-year summary)
Equity ratio34.9%at 2025-04-30Cons.Equity to asset ratio (5-year summary)
Equity ratio24.0%at 2024-04-30dCons.Equity to asset ratio (5-year summary)
Equity ratio25.9%at 2023-04-30dCons.Equity to asset ratio (5-year summary)
ROE11.6%2025-05-01 → 2026-04-30Cons.Rate of return on equity (5-year summary)
ROE21.1%2024-05-01 → 2025-04-30Cons.Rate of return on equity (5-year summary)
ROE14.7%2023-05-01 → 2024-04-30dCons.Rate of return on equity (5-year summary)
ROE10.7%2022-05-01 → 2023-04-30dCons.Rate of return on equity (5-year summary)
Employees44at 2026-04-30Cons.Number of employees
Employees42at 2025-04-30Cons.Number of employees
Employees40at 2024-04-30dCons.Number of employees
Employees43at 2023-04-30dCons.Number of employees
Revenue¥5.5bn2025-05-01 → 2026-04-30StandaloneNet sales
Revenue¥5.4bn2024-05-01 → 2025-04-30StandaloneNet sales
Revenue¥5.5bn2023-05-01 → 2024-04-30dStandaloneNet sales (5-year summary)
Revenue¥4.5bn2022-05-01 → 2023-04-30dStandaloneNet sales (5-year summary)
Revenue¥4.6bn2021-05-01 → 2022-04-30dStandaloneNet sales (5-year summary)
Operating income¥841m2025-05-01 → 2026-04-30StandaloneOperating income
Operating income¥679m2024-05-01 → 2025-04-30StandaloneOperating income
Ordinary income¥705m2025-05-01 → 2026-04-30StandaloneOrdinary income
Ordinary income¥601m2024-05-01 → 2025-04-30StandaloneOrdinary income
Ordinary income¥690m2023-05-01 → 2024-04-30dStandaloneOrdinary income loss (5-year summary)
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)
Profit before tax¥751m2025-05-01 → 2026-04-30StandaloneIncome before income taxes
Profit before tax¥1.2bn2024-05-01 → 2025-04-30StandaloneIncome before income taxes
Net income¥536m2025-05-01 → 2026-04-30StandaloneProfit loss
Net income¥810m2024-05-01 → 2025-04-30StandaloneProfit loss
Net income¥458m2023-05-01 → 2024-04-30dStandaloneNet income loss (5-year summary)
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)
Total assets¥13.2bnat 2026-04-30StandaloneAssets
Total assets¥12.1bnat 2025-04-30StandaloneAssets
Total assets¥14.3bnat 2024-04-30dStandaloneTotal assets (5-year summary)
Total assets¥11.5bnat 2023-04-30dStandaloneTotal assets (5-year summary)
Total assets¥11.8bnat 2022-04-30dStandaloneTotal assets (5-year summary)
Total liabilities¥8.1bnat 2026-04-30StandaloneLiabilities
Total liabilities¥8.0bnat 2025-04-30StandaloneLiabilities
Net assets / equity¥5.0bnat 2026-04-30StandaloneNet assets
Net assets / equity¥4.1bnat 2025-04-30StandaloneNet assets
Net assets / equity¥3.4bnat 2024-04-30dStandaloneNet assets
Net assets / equity¥2.9bnat 2023-04-30dStandaloneNet assets (5-year summary)
Net assets / equity¥2.7bnat 2022-04-30dStandaloneNet assets (5-year summary)
Cash and deposits¥2.0bnat 2026-04-30StandaloneCash and deposits
Cash and deposits¥1.8bnat 2025-04-30StandaloneCash and deposits
EPS (basic)¥442.42025-05-01 → 2026-04-30StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥750.922024-05-01 → 2025-04-30StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥425.12023-05-01 → 2024-04-30dStandaloneBasic 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 (diluted)¥439.742025-05-01 → 2026-04-30StandaloneDiluted earnings per share (5-year summary)
Dividend per share¥882025-05-01 → 2026-04-30StandaloneDividend paid 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 → 2024-04-30dStandaloneDividend 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)
Net assets per share¥4,007.06at 2026-04-30StandaloneNet assets 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 2024-04-30dStandaloneNet 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)
Equity ratio38.2%at 2026-04-30StandaloneEquity to asset ratio (5-year summary)
Equity ratio34.3%at 2025-04-30StandaloneEquity to asset ratio (5-year summary)
Equity ratio23.5%at 2024-04-30dStandaloneEquity 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)
ROE11.7%2025-05-01 → 2026-04-30StandaloneRate of return on equity (5-year summary)
ROE21.6%2024-05-01 → 2025-04-30StandaloneRate of return on equity (5-year summary)
ROE14.6%2023-05-01 → 2024-04-30dStandaloneRate 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)
Shares issued1,261,100at 2026-04-30StandaloneTotal number of issued shares (5-year summary)
Shares issued1,086,000at 2025-04-30StandaloneTotal number of issued shares (5-year summary)
Shares issued1,086,000at 2024-04-30dStandaloneTotal 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)
Employees21at 2026-04-30StandaloneNumber of employees
Employees21at 2025-04-30StandaloneNumber of employees
Employees22at 2024-04-30dStandaloneNumber of employees
Employees24at 2023-04-30dStandaloneNumber of employees
Employees21at 2022-04-30dStandaloneNumber 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 Itemsreconcilingcapex2025-05-01 → 2026-04-30¥980,000
Reconciling Itemsreconcilingsegment assetsat 2026-04-30¥3.2bn
Development Segmentreportable segmentdepreciation2025-05-01 → 2026-04-30¥8m
Development Segmentreportable segmentemployeesat 2026-04-306 pure
Development Segmentreportable segmentrevenue2025-05-01 → 2026-04-30¥3.5bn
Development Segmentreportable segmentrevenue external2025-05-01 → 2026-04-30¥3.5bn
Development Segmentreportable segmentsegment assetsat 2026-04-30¥4.3bn
Development Segmentreportable segmentsegment profit2025-05-01 → 2026-04-30¥378m
Hotel Segmentreportable segmentcapex2025-05-01 → 2026-04-30¥315m
Hotel Segmentreportable segmentdepreciation2025-05-01 → 2026-04-30¥135m
Hotel Segmentreportable segmentemployeesat 2026-04-3020 pure
Hotel Segmentreportable segmentrevenue2025-05-01 → 2026-04-30¥1.4bn
Hotel Segmentreportable segmentrevenue external2025-05-01 → 2026-04-30¥1.4bn
Hotel Segmentreportable segmentsegment assetsat 2026-04-30¥3.0bn
Hotel Segmentreportable segmentsegment profit2025-05-01 → 2026-04-30¥304m
Stock Segmentreportable segmentcapex2025-05-01 → 2026-04-30¥340m
Stock Segmentreportable segmentdepreciation2025-05-01 → 2026-04-30¥33m
Stock Segmentreportable segmentemployeesat 2026-04-3011 pure
Stock Segmentreportable segmentrevenue2025-05-01 → 2026-04-30¥589m
Stock Segmentreportable segmentrevenue external2025-05-01 → 2026-04-30¥589m
Stock Segmentreportable segmentsegment assetsat 2026-04-30¥2.8bn
Stock Segmentreportable segmentsegment profit2025-05-01 → 2026-04-30¥175m
—segment totalcapex2025-05-01 → 2026-04-30¥655m
—segment totaldepreciation2025-05-01 → 2026-04-30¥176m
—segment totalemployeesat 2026-04-3037 pure
—segment totalrevenue2025-05-01 → 2026-04-30¥5.5bn
—segment totalrevenue external2025-05-01 → 2026-04-30¥5.5bn
—segment totalsegment assetsat 2026-04-30¥10.1bn
—segment totalsegment profit2025-05-01 → 2026-04-30¥858m
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 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 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 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 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
Development Segmentreportable segmentemployeesat 2026-04-306 pure
Stock Segmentreportable segmentemployeesat 2026-04-309 pure
—segment totalemployeesat 2026-04-3015 pure

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

All source rows · 1,467
ItemContextValueUnit
Basic earnings loss per share (5-year summary)Prior1YearDuration_NonConsolidatedMember750.92
Basic earnings loss per share (5-year summary)CurrentYearDuration_NonConsolidatedMember442.40
Diluted earnings per share (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)Prior2YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)Prior1YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)CurrentYearDuration_NonConsolidatedMember439.74
Equity to asset ratio (5-year summary)Prior4YearInstant_NonConsolidatedMember0.227
Equity to asset ratio (5-year summary)Prior3YearInstant_NonConsolidatedMember0.253
Equity to asset ratio (5-year summary)Prior2YearInstant_NonConsolidatedMember0.235
Equity to asset ratio (5-year summary)Prior1YearInstant_NonConsolidatedMember0.343
Equity to asset ratio (5-year summary)CurrentYearInstant_NonConsolidatedMember0.382
Rate of return on equity (5-year summary)Prior4YearDuration_NonConsolidatedMember0.103
Rate of return on equity (5-year summary)Prior3YearDuration_NonConsolidatedMember0.096
Rate of return on equity (5-year summary)Prior2YearDuration_NonConsolidatedMember0.146
Rate of return on equity (5-year summary)Prior1YearDuration_NonConsolidatedMember0.216
Rate of return on equity (5-year summary)CurrentYearDuration_NonConsolidatedMember0.117
Price earnings ratio (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Price earnings ratio (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Price earnings ratio (5-year summary)Prior2YearDuration_NonConsolidatedMember-
Price earnings ratio (5-year summary)Prior1YearDuration_NonConsolidatedMember-
Price earnings ratio (5-year summary)CurrentYearDuration_NonConsolidatedMember5.6
Payout ratio (5-year summary)Prior4YearDuration_NonConsolidatedMember0.082
Payout ratio (5-year summary)Prior3YearDuration_NonConsolidatedMember0.081
Payout ratio (5-year summary)Prior2YearDuration_NonConsolidatedMember0.054
Payout ratio (5-year summary)Prior1YearDuration_NonConsolidatedMember0.067
Payout ratio (5-year summary)CurrentYearDuration_NonConsolidatedMember0.199
Number of employeesPrior4YearInstant_NonConsolidatedMember21
Number of employeesPrior3YearInstant_NonConsolidatedMember24
Number of employeesPrior2YearInstant_NonConsolidatedMember22
Number of employeesPrior1YearInstant_NonConsolidatedMember21
Number of employeesCurrentYearInstant_NonConsolidatedMember21
Average number of temporary workersPrior4YearInstant_NonConsolidatedMember9
Average number of temporary workersPrior3YearInstant_NonConsolidatedMember12
Average number of temporary workersPrior2YearInstant_NonConsolidatedMember14
Average number of temporary workersPrior1YearInstant_NonConsolidatedMember16
Average number of temporary workersCurrentYearInstant_NonConsolidatedMember16
Total shareholder returnPrior4YearInstant_NonConsolidatedMember-
Total shareholder returnPrior3YearInstant_NonConsolidatedMember-
Total shareholder returnPrior2YearInstant_NonConsolidatedMember-
Total shareholder returnPrior1YearInstant_NonConsolidatedMember-
Total shareholder returnCurrentYearInstant_NonConsolidatedMember-
Total return on share price indexPrior4YearInstant_NonConsolidatedMember-
Total return on share price indexPrior3YearInstant_NonConsolidatedMember-
Total return on share price indexPrior2YearInstant_NonConsolidatedMember-
Total return on share price indexPrior1YearInstant_NonConsolidatedMember-
Total return on share price indexCurrentYearInstant_NonConsolidatedMember-
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row1Member15.0
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row1Member11.1
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row2Member100.0

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 2025-04-30pass
balance sheet identityconsolidated 2026-04-30pass rounding
balance sheet identitynon_consolidated 2025-04-30pass rounding
balance sheet identitynon_consolidated 2026-04-30pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2024-04-30pass
statement vs summary · net assetsconsolidated 2025-04-30pass
statement vs summary · net assetsconsolidated 2026-04-30pass
statement vs summary · net assetsnon_consolidated 2024-04-30pass
statement vs summary · net assetsnon_consolidated 2025-04-30pass
statement vs summary · net assetsnon_consolidated 2026-04-30pass
statement vs summary · net income attributable to parentconsolidated 2024-05-01/2025-04-30pass
statement vs summary · net income attributable to parentconsolidated 2025-05-01/2026-04-30pass
statement vs summary · operating cash flowconsolidated 2024-05-01/2025-04-30pass
statement vs summary · operating cash flowconsolidated 2025-05-01/2026-04-30pass
statement vs summary · revenueconsolidated 2024-05-01/2025-04-30pass
statement vs summary · revenueconsolidated 2025-05-01/2026-04-30pass
statement vs summary · revenuenon_consolidated 2024-05-01/2025-04-30pass
statement vs summary · revenuenon_consolidated 2025-05-01/2026-04-30pass
statement vs summary · total assetsconsolidated 2025-04-30pass
statement vs summary · total assetsconsolidated 2026-04-30pass
statement vs summary · total assetsnon_consolidated 2025-04-30pass
statement vs summary · total assetsnon_consolidated 2026-04-30pass