Annual report

Period2024-03-01 → 2025-02-28

Filed2025-05-29

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 149

Metric	Value	Period	Scope	Source row
Revenue	¥9.0bn	2024-03-01 → 2025-02-28	Cons.	Net sales
Revenue	¥7.5bn	2023-03-01 → 2024-02-29	Cons.	Net sales
Revenue	¥5.6bn	2022-03-01 → 2023-02-28^d	Cons.	Net sales (5-year summary)
Revenue	¥4.3bn	2021-03-01 → 2022-02-28^d	Cons.	Net sales (5-year summary)
Revenue	¥4.4bn	2020-03-01 → 2021-02-28^d	Cons.	Net sales (5-year summary)
Operating income	¥459m	2024-03-01 → 2025-02-28	Cons.	Operating income
Operating income	¥666m	2023-03-01 → 2024-02-29	Cons.	Operating income
Ordinary income	¥462m	2024-03-01 → 2025-02-28	Cons.	Ordinary income
Ordinary income	¥677m	2023-03-01 → 2024-02-29	Cons.	Ordinary income
Ordinary income	¥567m	2022-03-01 → 2023-02-28^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥450m	2021-03-01 → 2022-02-28^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥601m	2020-03-01 → 2021-02-28^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥462m	2024-03-01 → 2025-02-28	Cons.	Income before income taxes
Profit before tax	¥350m	2023-03-01 → 2024-02-29	Cons.	Income before income taxes
Net income (owners)	¥356m	2024-03-01 → 2025-02-28	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥269m	2023-03-01 → 2024-02-29	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥424m	2022-03-01 → 2023-02-28^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥327m	2021-03-01 → 2022-02-28^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥446m	2020-03-01 → 2021-02-28^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥356m	2024-03-01 → 2025-02-28	Cons.	Profit loss
Net income	¥269m	2023-03-01 → 2024-02-29	Cons.	Profit loss
Total assets	¥6.7bn	at 2025-02-28	Cons.	Assets
Total assets	¥6.0bn	at 2024-02-29	Cons.	Assets
Total assets	¥4.6bn	at 2023-02-28^d	Cons.	Total assets (5-year summary)
Total assets	¥2.9bn	at 2022-02-28^d	Cons.	Total assets (5-year summary)
Total assets	¥3.2bn	at 2021-02-28^d	Cons.	Total assets (5-year summary)
Total liabilities	¥3.6bn	at 2025-02-28	Cons.	Liabilities
Total liabilities	¥3.2bn	at 2024-02-29	Cons.	Liabilities
Net assets / equity	¥3.0bn	at 2025-02-28	Cons.	Net assets
Net assets / equity	¥2.8bn	at 2024-02-29	Cons.	Net assets
Net assets / equity	¥2.5bn	at 2023-02-28^d	Cons.	Net assets
Net assets / equity	¥2.3bn	at 2022-02-28^d	Cons.	Net assets (5-year summary)
Net assets / equity	¥1.9bn	at 2021-02-28^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥3.3bn	at 2025-02-28	Cons.	Cash and deposits
Cash and deposits	¥3.2bn	at 2024-02-29	Cons.	Cash and deposits
Cash & equivalents	¥3.3bn	at 2025-02-28	Cons.	Cash and cash equivalents
Cash & equivalents	¥3.2bn	at 2024-02-29	Cons.	Cash and cash equivalents
Cash & equivalents	¥3.1bn	at 2023-02-28^d	Cons.	Cash and cash equivalents
Cash & equivalents	¥2.1bn	at 2022-02-28^d	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥1.9bn	at 2021-02-28^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥377m	2024-03-01 → 2025-02-28	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥100m	2023-03-01 → 2024-02-29	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥978m	2022-03-01 → 2023-02-28^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥161m	2021-03-01 → 2022-02-28^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥478m	2020-03-01 → 2021-02-28^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥140m	2024-03-01 → 2025-02-28	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥37m	2023-03-01 → 2024-02-29	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥27m	2022-03-01 → 2023-02-28^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥47m	2021-03-01 → 2022-02-28^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥8m	2020-03-01 → 2021-02-28^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥91m	2024-03-01 → 2025-02-28	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥7m	2023-03-01 → 2024-02-29	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥18m	2022-03-01 → 2023-02-28^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥23m	2021-03-01 → 2022-02-28^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥19m	2020-03-01 → 2021-02-28^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥78.64	2024-03-01 → 2025-02-28	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥59.18	2023-03-01 → 2024-02-29	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥94.39	2022-03-01 → 2023-02-28^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥74.54	2021-03-01 → 2022-02-28^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥103.57	2020-03-01 → 2021-02-28^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥93.74	2022-03-01 → 2023-02-28^d	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥72.94	2021-03-01 → 2022-02-28^d	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥99.05	2020-03-01 → 2021-02-28^d	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥676.1	at 2025-02-28	Cons.	Net assets per share (5-year summary)
Net assets per share	¥608.3	at 2024-02-29	Cons.	Net assets per share (5-year summary)
Net assets per share	¥547.41	at 2023-02-28^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥507.15	at 2022-02-28^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥436.55	at 2021-02-28^d	Cons.	Net assets per share (5-year summary)
Equity ratio	45.4%	at 2025-02-28	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	46.4%	at 2024-02-29	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	54.1%	at 2023-02-28^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	76.9%	at 2022-02-28^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	60.0%	at 2021-02-28^d	Cons.	Equity to asset ratio (5-year summary)
ROE	12.3%	2024-03-01 → 2025-02-28	Cons.	Rate of return on equity (5-year summary)
ROE	10.3%	2023-03-01 → 2024-02-29	Cons.	Rate of return on equity (5-year summary)
ROE	17.9%	2022-03-01 → 2023-02-28^d	Cons.	Rate of return on equity (5-year summary)
ROE	15.7%	2021-03-01 → 2022-02-28^d	Cons.	Rate of return on equity (5-year summary)
ROE	26.7%	2020-03-01 → 2021-02-28^d	Cons.	Rate of return on equity (5-year summary)
Employees	137	at 2025-02-28	Cons.	Number of employees
Employees	123	at 2024-02-29	Cons.	Number of employees
Employees	108	at 2023-02-28^d	Cons.	Number of employees
Employees	93	at 2022-02-28^d	Cons.	Number of employees
Employees	85	at 2021-02-28^d	Cons.	Number of employees
Revenue	¥8.6bn	2024-03-01 → 2025-02-28	Standalone	Net sales
Revenue	¥7.1bn	2023-03-01 → 2024-02-29	Standalone	Net sales
Revenue	¥5.4bn	2022-03-01 → 2023-02-28^d	Standalone	Net sales (5-year summary)
Revenue	¥4.1bn	2021-03-01 → 2022-02-28^d	Standalone	Net sales (5-year summary)
Revenue	¥4.4bn	2020-03-01 → 2021-02-28^d	Standalone	Net sales (5-year summary)
Operating income	¥317m	2024-03-01 → 2025-02-28	Standalone	Operating income
Operating income	¥576m	2023-03-01 → 2024-02-29	Standalone	Operating income
Ordinary income	¥321m	2024-03-01 → 2025-02-28	Standalone	Ordinary income
Ordinary income	¥586m	2023-03-01 → 2024-02-29	Standalone	Ordinary income
Ordinary income	¥516m	2022-03-01 → 2023-02-28^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥442m	2021-03-01 → 2022-02-28^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥590m	2020-03-01 → 2021-02-28^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥321m	2024-03-01 → 2025-02-28	Standalone	Income before income taxes
Profit before tax	¥260m	2023-03-01 → 2024-02-29	Standalone	Income before income taxes
Net income	¥239m	2024-03-01 → 2025-02-28	Standalone	Profit loss
Net income	¥192m	2023-03-01 → 2024-02-29	Standalone	Profit loss
Net income	¥379m	2022-03-01 → 2023-02-28^d	Standalone	Net income loss (5-year summary)
Net income	¥320m	2021-03-01 → 2022-02-28^d	Standalone	Net income loss (5-year summary)
Net income	¥437m	2020-03-01 → 2021-02-28^d	Standalone	Net income loss (5-year summary)
Total assets	¥6.4bn	at 2025-02-28	Standalone	Assets
Total assets	¥5.8bn	at 2024-02-29	Standalone	Assets
Total assets	¥4.4bn	at 2023-02-28^d	Standalone	Total assets (5-year summary)
Total assets	¥2.9bn	at 2022-02-28^d	Standalone	Total assets (5-year summary)
Total assets	¥3.1bn	at 2021-02-28^d	Standalone	Total assets (5-year summary)
Total liabilities	¥3.6bn	at 2025-02-28	Standalone	Liabilities
Total liabilities	¥3.2bn	at 2024-02-29	Standalone	Liabilities
Net assets / equity	¥2.7bn	at 2025-02-28	Standalone	Net assets
Net assets / equity	¥2.6bn	at 2024-02-29	Standalone	Net assets
Net assets / equity	¥2.4bn	at 2023-02-28^d	Standalone	Net assets
Net assets / equity	¥2.2bn	at 2022-02-28^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥1.9bn	at 2021-02-28^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥3.1bn	at 2025-02-28	Standalone	Cash and deposits
Cash and deposits	¥3.0bn	at 2024-02-29	Standalone	Cash and deposits
EPS (basic)	¥52.94	2024-03-01 → 2025-02-28	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥42.31	2023-03-01 → 2024-02-29	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥84.41	2022-03-01 → 2023-02-28^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥73.04	2021-03-01 → 2022-02-28^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥101.48	2020-03-01 → 2021-02-28^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥83.84	2022-03-01 → 2023-02-28^d	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥71.47	2021-03-01 → 2022-02-28^d	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥97.04	2020-03-01 → 2021-02-28^d	Standalone	Diluted earnings per share (5-year summary)
Net assets per share	¥607.75	at 2025-02-28	Standalone	Net assets per share (5-year summary)
Net assets per share	¥565.7	at 2024-02-29	Standalone	Net assets per share (5-year summary)
Net assets per share	¥525.26	at 2023-02-28^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥496.74	at 2022-02-28^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥428.43	at 2021-02-28^d	Standalone	Net assets per share (5-year summary)
Equity ratio	42.8%	at 2025-02-28	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	44.7%	at 2024-02-29	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	53.5%	at 2023-02-28^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	76.8%	at 2022-02-28^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	59.6%	at 2021-02-28^d	Standalone	Equity to asset ratio (5-year summary)
ROE	9.0%	2024-03-01 → 2025-02-28	Standalone	Rate of return on equity (5-year summary)
ROE	7.8%	2023-03-01 → 2024-02-29	Standalone	Rate of return on equity (5-year summary)
ROE	16.5%	2022-03-01 → 2023-02-28^d	Standalone	Rate of return on equity (5-year summary)
ROE	15.7%	2021-03-01 → 2022-02-28^d	Standalone	Rate of return on equity (5-year summary)
ROE	26.7%	2020-03-01 → 2021-02-28^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	4,550,300	at 2025-02-28	Standalone	Total number of issued shares (5-year summary)
Shares issued	4,550,300	at 2024-02-29	Standalone	Total number of issued shares (5-year summary)
Shares issued	4,520,200	at 2023-02-28^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	4,446,900	at 2022-02-28^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	4,354,500	at 2021-02-28^d	Standalone	Total number of issued shares (5-year summary)
Employees	128	at 2025-02-28	Standalone	Number of employees
Employees	117	at 2024-02-29	Standalone	Number of employees
Employees	100	at 2023-02-28^d	Standalone	Number of employees
Employees	87	at 2022-02-28^d	Standalone	Number of employees
Employees	85	at 2021-02-28^d	Standalone	Number 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 · 1,071

Item	Context	Value	Unit
Shareholders equity	CurrentYearInstant	3001846000	JPY
Foreign currency translation adjustment	Prior1YearInstant	31008000	JPY
Foreign currency translation adjustment	CurrentYearInstant	27171000	JPY
Valuation and translation adjustments	Prior1YearInstant	31008000	JPY
Valuation and translation adjustments	CurrentYearInstant	27171000	JPY
Net assets	Prior1YearInstant	2767864000	JPY
Net assets	CurrentYearInstant	3029018000	JPY
Liabilities and net assets	Prior1YearInstant	5965825000	JPY
Liabilities and net assets	CurrentYearInstant	6678254000	JPY
Net sales	Prior1YearDuration	7491465000	JPY
Net sales	CurrentYearDuration	9043848000	JPY
Cost of sales	Prior1YearDuration	5249471000	JPY
Cost of sales	CurrentYearDuration	6669917000	JPY
Gross profit	Prior1YearDuration	2241994000	JPY
Gross profit	CurrentYearDuration	2373930000	JPY
Selling general and administrative expenses	Prior1YearDuration	1576373000	JPY
Selling general and administrative expenses	CurrentYearDuration	1915258000	JPY
Operating income	Prior1YearDuration	665621000	JPY
Operating income	CurrentYearDuration	458671000	JPY
Interest income noi	Prior1YearDuration	7000	JPY
Interest income noi	CurrentYearDuration	42000	JPY
Foreign exchange gains noi	Prior1YearDuration	3983000	JPY
Foreign exchange gains noi	CurrentYearDuration	－	JPY
Sales incentives noi	Prior1YearDuration	4406000	JPY
Sales incentives noi	CurrentYearDuration	5176000	JPY
Subsidy income noi bounty	Prior1YearDuration	1359000	JPY
Subsidy income noi bounty	CurrentYearDuration	－	JPY
Bounty income noi	Prior1YearDuration	2276000	JPY
Bounty income noi	CurrentYearDuration	2852000	JPY
Other noi	Prior1YearDuration	103000	JPY
Other noi	CurrentYearDuration	67000	JPY
Non operating income	Prior1YearDuration	12138000	JPY
Non operating income	CurrentYearDuration	8139000	JPY
Interest expenses noe	Prior1YearDuration	1014000	JPY
Interest expenses noe	CurrentYearDuration	－	JPY
Stock issuance cost noe	Prior1YearDuration	56000	JPY
Stock issuance cost noe	CurrentYearDuration	－	JPY
Foreign exchange losses noe	Prior1YearDuration	－	JPY
Foreign exchange losses noe	CurrentYearDuration	4231000	JPY
Commission fee noe	Prior1YearDuration	－	JPY
Commission fee noe	CurrentYearDuration	769000	JPY
Non operating expenses	Prior1YearDuration	1071000	JPY
Non operating expenses	CurrentYearDuration	5001000	JPY
Ordinary income	Prior1YearDuration	676688000	JPY
Ordinary income	CurrentYearDuration	461809000	JPY
Loss on trust type stock options el	Prior1YearDuration	326368000	JPY
Loss on trust type stock options el	CurrentYearDuration	－	JPY
Extraordinary loss	Prior1YearDuration	326368000	JPY
Extraordinary loss	CurrentYearDuration	－	JPY
Income before income taxes	Prior1YearDuration	350320000	JPY

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 identity	consolidated 2024-02-29	pass
balance sheet identity	consolidated 2025-02-28	pass
balance sheet identity	non_consolidated 2024-02-29	pass rounding
balance sheet identity	non_consolidated 2025-02-28	pass
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2023-02-28	pass
statement vs summary · net assets	consolidated 2024-02-29	pass
statement vs summary · net assets	consolidated 2025-02-28	pass
statement vs summary · net assets	non_consolidated 2023-02-28	pass
statement vs summary · net assets	non_consolidated 2024-02-29	pass
statement vs summary · net assets	non_consolidated 2025-02-28	pass
statement vs summary · net income attributable to parent	consolidated 2023-03-01/2024-02-29	pass
statement vs summary · net income attributable to parent	consolidated 2024-03-01/2025-02-28	pass
statement vs summary · operating cash flow	consolidated 2023-03-01/2024-02-29	pass
statement vs summary · operating cash flow	consolidated 2024-03-01/2025-02-28	pass
statement vs summary · revenue	consolidated 2023-03-01/2024-02-29	pass
statement vs summary · revenue	consolidated 2024-03-01/2025-02-28	pass
statement vs summary · revenue	non_consolidated 2023-03-01/2024-02-29	pass
statement vs summary · revenue	non_consolidated 2024-03-01/2025-02-28	pass
statement vs summary · total assets	consolidated 2024-02-29	pass
statement vs summary · total assets	consolidated 2025-02-28	pass
statement vs summary · total assets	non_consolidated 2024-02-29	pass
statement vs summary · total assets	non_consolidated 2025-02-28	pass