Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-11
StandardIFRS
ConsolidatedYes
Data checks21 of 21 passed
Key figures · 156
MetricValuePeriodScopeSource row
Revenue¥58.7bn2025-04-01 → 2026-03-31Cons.Revenue IFRS
Revenue¥47.4bn2024-04-01 → 2025-03-31Cons.Revenue IFRS
Revenue¥40.7bn2023-04-01 → 2024-03-31vCons.Revenue IFRS (5-year summary)
Revenue¥34.9bn2022-04-01 → 2023-03-31vCons.Revenue IFRS (5-year summary)
Revenue¥30.6bn2021-04-01 → 2022-03-31vCons.Revenue IFRS (5-year summary)
Operating income¥14.4bn2025-04-01 → 2026-03-31Cons.Operating profit loss IFRS
Operating income¥10.8bn2024-04-01 → 2025-03-31Cons.Operating profit loss IFRS
Profit before tax¥14.4bn2025-04-01 → 2026-03-31Cons.Profit loss before tax IFRS
Profit before tax¥10.7bn2024-04-01 → 2025-03-31Cons.Profit loss before tax IFRS
Profit before tax¥8.7bn2023-04-01 → 2024-03-31vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax¥7.3bn2022-04-01 → 2023-03-31vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax¥6.2bn2021-04-01 → 2022-03-31vCons.Profit loss before tax IFRS (5-year summary)
Net income (owners)¥10.5bn2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥7.8bn2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥6.2bn2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥5.4bn2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥4.2bn2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income¥10.5bn2025-04-01 → 2026-03-31Cons.Profit loss IFRS
Net income¥7.8bn2024-04-01 → 2025-03-31Cons.Profit loss IFRS
Total assets¥88.2bnat 2026-03-31Cons.Assets IFRS
Total assets¥79.0bnat 2025-03-31Cons.Assets IFRS
Total assets¥79.2bnat 2024-03-31vCons.Total assets IFRS (5-year summary)
Total assets¥70.3bnat 2023-03-31vCons.Total assets IFRS (5-year summary)
Total assets¥66.9bnat 2022-03-31vCons.Total assets IFRS (5-year summary)
Total liabilities¥36.7bnat 2026-03-31Cons.Liabilities IFRS
Total liabilities¥30.2bnat 2025-03-31Cons.Liabilities IFRS
Net assets / equity¥51.5bnat 2026-03-31Cons.Equity IFRS
Net assets / equity¥48.8bnat 2025-03-31Cons.Equity IFRS
Equity (owners)¥51.5bnat 2026-03-31Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥48.8bnat 2025-03-31Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥47.1bnat 2024-03-31vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥42.0bnat 2023-03-31vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥37.3bnat 2022-03-31vCons.Equity attributable to owners of parent IFRS (5-year summary)
Cash & equivalents¥14.4bnat 2026-03-31Cons.Cash and cash equivalents IFRS
Cash & equivalents¥13.4bnat 2025-03-31Cons.Cash and cash equivalents IFRS
Cash & equivalents¥13.7bnat 2024-03-31vCons.Cash and cash equivalents IFRS
Cash & equivalents¥12.8bnat 2023-03-31vCons.Cash and cash equivalents IFRS (5-year summary)
Cash & equivalents¥14.0bnat 2022-03-31vCons.Cash and cash equivalents IFRS (5-year summary)
Operating cash flow¥10.7bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥9.7bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥8.3bn2023-04-01 → 2024-03-31vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥3.7bn2022-04-01 → 2023-03-31vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥7.6bn2021-04-01 → 2022-03-31vCons.Cash flows from used in operating activities IFRS (5-year summary)
Investing cash flow¥2.0bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in investing activities IFRS
Investing cash flow¥534m2024-04-01 → 2025-03-31Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥3.7bn2023-04-01 → 2024-03-31vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥1.4bn2022-04-01 → 2023-03-31vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥328m2021-04-01 → 2022-03-31vCons.Cash flows from used in investing activities IFRS (5-year summary)
Financing cash flow−¥11.7bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities IFRS
Financing cash flow−¥10.6bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities IFRS
Financing cash flow−¥3.8bn2023-04-01 → 2024-03-31vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow−¥3.4bn2022-04-01 → 2023-03-31vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow−¥1.3bn2021-04-01 → 2022-03-31vCons.Cash flows from used in financing activities IFRS (5-year summary)
EPS (basic)¥46.422025-04-01 → 2026-03-31Cons.Basic earnings loss per share IFRS
EPS (basic)¥33.452024-04-01 → 2025-03-31Cons.Basic earnings loss per share IFRS
EPS (basic)¥26.892023-04-01 → 2024-03-31vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥24.232022-04-01 → 2023-03-31vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥20.762021-04-01 → 2022-03-31vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (diluted)¥45.172025-04-01 → 2026-03-31Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥32.562024-04-01 → 2025-03-31Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥25.872023-04-01 → 2024-03-31vCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥22.812022-04-01 → 2023-03-31vCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥17.952021-04-01 → 2022-03-31vCons.Diluted earnings loss per share IFRS (5-year summary)
Net assets per share¥230at 2026-03-31Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥214.27at 2025-03-31Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥202.33at 2024-03-31vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥183.33at 2023-03-31vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥167.96at 2022-03-31vCons.Equity to asset ratio IFRS (5-year summary)
Equity ratio58.4%at 2026-03-31Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio61.8%at 2025-03-31Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio59.4%at 2024-03-31vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio59.7%at 2023-03-31vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio55.7%at 2022-03-31vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
ROE21.0%2025-04-01 → 2026-03-31Cons.Rate of return on equity IFRS (5-year summary)
ROE16.2%2024-04-01 → 2025-03-31Cons.Rate of return on equity IFRS (5-year summary)
ROE13.9%2023-04-01 → 2024-03-31vCons.Rate of return on equity IFRS (5-year summary)
ROE13.7%2022-04-01 → 2023-03-31vCons.Rate of return on equity IFRS (5-year summary)
ROE12.2%2021-04-01 → 2022-03-31vCons.Rate of return on equity IFRS (5-year summary)
Employees1,850at 2026-03-31Cons.Number of employees
Employees1,560at 2025-03-31Cons.Number of employees
Employees1,350at 2024-03-31vCons.Number of employees
Employees1,047at 2023-03-31vCons.Number of employees
Employees842at 2022-03-31vCons.Number of employees
Revenue¥12.5bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥7.4bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥7.2bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥5.7bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥4.0bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income¥6.1bn2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥2.7bn2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥6.1bn2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥2.7bn2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥3.5bn2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥2.7bn2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.2bn2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥6.2bn2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥3.1bn2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥5.8bn2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥2.6bn2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥3.4bn2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥2.6bn2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥1.2bn2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥30.8bnat 2026-03-31StandaloneAssets
Total assets¥32.2bnat 2025-03-31StandaloneAssets
Total assets¥34.7bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥31.8bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥29.4bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥4.4bnat 2026-03-31StandaloneLiabilities
Total liabilities¥3.5bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥26.4bnat 2026-03-31StandaloneNet assets
Net assets / equity¥28.7bnat 2025-03-31StandaloneNet assets
Net assets / equity¥32.6bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥30.3bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥28.6bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥3.3bnat 2026-03-31StandaloneCash and deposits
Cash and deposits¥3.5bnat 2025-03-31StandaloneCash and deposits
EPS (basic)¥25.562025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥11.12024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥14.552023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥11.592022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥6.022021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥24.872025-04-01 → 2026-03-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥10.82024-04-01 → 2025-03-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥142023-04-01 → 2024-03-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥10.912022-04-01 → 2023-03-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥5.22021-04-01 → 2022-03-31vStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥182025-04-01 → 2026-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥502024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥422023-04-01 → 2024-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥252022-04-01 → 2023-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥232021-04-01 → 2022-03-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥117.96at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥126.04at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥140.14at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥132.51at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥128.91at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio85.6%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio89.2%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio94.1%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio95.3%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio97.2%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE21.1%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE8.4%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE10.7%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE8.8%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE4.4%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued237,045,100at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued58,707,975at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued58,182,950at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued57,250,675at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued55,511,550at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees146at 2026-03-31StandaloneNumber of employees
Employees104at 2025-03-31StandaloneNumber of employees
Employees94at 2024-03-31vStandaloneNumber of employees
Employees69at 2023-03-31vStandaloneNumber of employees
Employees77at 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.

All source rows · 1,596
ItemContextValueUnit
Total assets IFRS (5-year summary)Prior3YearInstant70266000000JPY
Total assets IFRS (5-year summary)Prior2YearInstant79248000000JPY
Total assets IFRS (5-year summary)Prior1YearInstant79022000000JPY
Total assets IFRS (5-year summary)CurrentYearInstant88169000000JPY
Equity to asset ratio IFRS (5-year summary)Prior4YearInstant167.96
Equity to asset ratio IFRS (5-year summary)Prior3YearInstant183.33
Equity to asset ratio IFRS (5-year summary)Prior2YearInstant202.33
Equity to asset ratio IFRS (5-year summary)Prior1YearInstant214.27
Equity to asset ratio IFRS (5-year summary)CurrentYearInstant230.00
Basic earnings loss per share IFRS (5-year summary)Prior4YearDuration20.76
Basic earnings loss per share IFRS (5-year summary)Prior3YearDuration24.23
Basic earnings loss per share IFRS (5-year summary)Prior2YearDuration26.89
Basic earnings loss per share IFRS (5-year summary)Prior1YearDuration33.45
Basic earnings loss per share IFRS (5-year summary)CurrentYearDuration46.42
Diluted earnings loss per share IFRS (5-year summary)Prior4YearDuration17.95
Diluted earnings loss per share IFRS (5-year summary)Prior3YearDuration22.81
Diluted earnings loss per share IFRS (5-year summary)Prior2YearDuration25.87
Diluted earnings loss per share IFRS (5-year summary)Prior1YearDuration32.56
Diluted earnings loss per share IFRS (5-year summary)CurrentYearDuration45.17
Ratio of owners equity to gross assets IFRS (5-year summary)Prior4YearInstant0.557
Ratio of owners equity to gross assets IFRS (5-year summary)Prior3YearInstant0.597
Ratio of owners equity to gross assets IFRS (5-year summary)Prior2YearInstant0.594
Ratio of owners equity to gross assets IFRS (5-year summary)Prior1YearInstant0.618
Ratio of owners equity to gross assets IFRS (5-year summary)CurrentYearInstant0.584
Rate of return on equity IFRS (5-year summary)Prior4YearDuration0.122
Rate of return on equity IFRS (5-year summary)Prior3YearDuration0.137
Rate of return on equity IFRS (5-year summary)Prior2YearDuration0.139
Rate of return on equity IFRS (5-year summary)Prior1YearDuration0.162
Rate of return on equity IFRS (5-year summary)CurrentYearDuration0.210
Price earnings ratio IFRS (5-year summary)Prior4YearDuration23.21
Price earnings ratio IFRS (5-year summary)Prior3YearDuration25.14
Price earnings ratio IFRS (5-year summary)Prior2YearDuration26.35
Price earnings ratio IFRS (5-year summary)Prior1YearDuration20.85
Price earnings ratio IFRS (5-year summary)CurrentYearDuration17.26
Dividend payout ratio IFRS (key data)Prior4YearDuration27.70
Dividend payout ratio IFRS (key data)Prior3YearDuration25.80
Dividend payout ratio IFRS (key data)Prior2YearDuration39.05
Dividend payout ratio IFRS (key data)Prior1YearDuration37.36
Dividend payout ratio IFRS (key data)CurrentYearDuration38.78
Cash flows from used in operating activities IFRS (5-year summary)Prior4YearDuration7561000000JPY
Cash flows from used in operating activities IFRS (5-year summary)Prior3YearDuration3733000000JPY
Cash flows from used in operating activities IFRS (5-year summary)Prior2YearDuration8329000000JPY
Cash flows from used in operating activities IFRS (5-year summary)Prior1YearDuration9746000000JPY
Cash flows from used in operating activities IFRS (5-year summary)CurrentYearDuration10689000000JPY
Cash flows from used in investing activities IFRS (5-year summary)Prior4YearDuration-328000000JPY
Cash flows from used in investing activities IFRS (5-year summary)Prior3YearDuration-1441000000JPY
Cash flows from used in investing activities IFRS (5-year summary)Prior2YearDuration-3673000000JPY
Cash flows from used in investing activities IFRS (5-year summary)Prior1YearDuration534000000JPY
Cash flows from used in investing activities IFRS (5-year summary)CurrentYearDuration1970000000JPY
Cash flows from used in financing activities IFRS (5-year summary)Prior4YearDuration-1346000000JPY

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 · 21 of 21 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
dei present pass
period resolution pass
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