Annual report

Period2025-03-01 → 2026-02-28
Filed2026-05-25
StandardIFRS
ConsolidatedYes
Data checks21 of 21 passed
Key figures · 157
MetricValuePeriodScopeSource row
Revenue¥30.9bn2025-03-01 → 2026-02-28Cons.Revenue IFRS
Revenue¥28.7bn2024-03-01 → 2025-02-28Cons.Revenue IFRS
Revenue¥25.8bn2023-03-01 → 2024-02-29vCons.Revenue IFRS (5-year summary)
Revenue¥22.3bn2022-03-01 → 2023-02-28vCons.Revenue IFRS (5-year summary)
Revenue¥19.8bn2021-03-01 → 2022-02-28vCons.Revenue IFRS (5-year summary)
Operating income¥9.0bn2025-03-01 → 2026-02-28Cons.Operating profit loss IFRS
Operating income¥8.2bn2024-03-01 → 2025-02-28Cons.Operating profit loss IFRS
Profit before tax¥9.1bn2025-03-01 → 2026-02-28Cons.Profit loss before tax IFRS
Profit before tax¥8.3bn2024-03-01 → 2025-02-28Cons.Profit loss before tax IFRS
Profit before tax¥7.3bn2023-03-01 → 2024-02-29vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax¥5.9bn2022-03-01 → 2023-02-28vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax¥5.9bn2021-03-01 → 2022-02-28vCons.Profit loss before tax IFRS (5-year summary)
Net income (owners)¥6.5bn2025-03-01 → 2026-02-28Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥5.9bn2024-03-01 → 2025-02-28Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥5.4bn2023-03-01 → 2024-02-29vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥4.4bn2022-03-01 → 2023-02-28vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥4.4bn2021-03-01 → 2022-02-28vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income¥6.5bn2025-03-01 → 2026-02-28Cons.Profit loss IFRS
Net income¥5.9bn2024-03-01 → 2025-02-28Cons.Profit loss IFRS
Total assets¥73.5bnat 2026-02-28Cons.Assets IFRS
Total assets¥68.4bnat 2025-02-28Cons.Assets IFRS
Total assets¥66.0bnat 2024-02-29vCons.Total assets IFRS (5-year summary)
Total assets¥62.6bnat 2023-02-28vCons.Total assets IFRS (5-year summary)
Total assets¥58.9bnat 2022-02-28vCons.Total assets IFRS (5-year summary)
Total liabilities¥26.5bnat 2026-02-28Cons.Liabilities IFRS
Total liabilities¥26.6bnat 2025-02-28Cons.Liabilities IFRS
Net assets / equity¥47.0bnat 2026-02-28Cons.Equity IFRS
Net assets / equity¥41.8bnat 2025-02-28Cons.Equity IFRS
Net assets / equity¥39.1bnat 2024-02-29vCons.Equity IFRS
Equity (owners)¥47.0bnat 2026-02-28Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥41.8bnat 2025-02-28Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥39.1bnat 2024-02-29vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥34.5bnat 2023-02-28vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥30.5bnat 2022-02-28vCons.Equity attributable to owners of parent IFRS (5-year summary)
Cash & equivalents¥13.3bnat 2026-02-28Cons.Cash and cash equivalents IFRS
Cash & equivalents¥14.7bnat 2025-02-28Cons.Cash and cash equivalents IFRS
Cash & equivalents¥13.0bnat 2024-02-29vCons.Cash and cash equivalents IFRS
Cash & equivalents¥11.2bnat 2023-02-28vCons.Cash and cash equivalents IFRS (5-year summary)
Cash & equivalents¥9.0bnat 2022-02-28vCons.Cash and cash equivalents IFRS (5-year summary)
Operating cash flow¥7.2bn2025-03-01 → 2026-02-28Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥8.2bn2024-03-01 → 2025-02-28Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥7.8bn2023-03-01 → 2024-02-29vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥6.9bn2022-03-01 → 2023-02-28vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥6.4bn2021-03-01 → 2022-02-28vCons.Cash flows from used in operating activities IFRS (5-year summary)
Investing cash flow−¥2.9bn2025-03-01 → 2026-02-28Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥1.7bn2024-03-01 → 2025-02-28Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥1.6bn2023-03-01 → 2024-02-29vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥1.0bn2022-03-01 → 2023-02-28vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥533m2021-03-01 → 2022-02-28vCons.Cash flows from used in investing activities IFRS (5-year summary)
Financing cash flow−¥5.8bn2025-03-01 → 2026-02-28Cons.Net cash provided by used in financing activities IFRS
Financing cash flow−¥4.8bn2024-03-01 → 2025-02-28Cons.Net cash provided by used in financing activities IFRS
Financing cash flow−¥4.5bn2023-03-01 → 2024-02-29vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow−¥3.7bn2022-03-01 → 2023-02-28vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow−¥2.1bn2021-03-01 → 2022-02-28vCons.Cash flows from used in financing activities IFRS (5-year summary)
EPS (basic)¥187.572025-03-01 → 2026-02-28Cons.Basic earnings loss per share IFRS
EPS (basic)¥171.972024-03-01 → 2025-02-28Cons.Basic earnings loss per share IFRS
EPS (basic)¥158.052023-03-01 → 2024-02-29vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥129.542022-03-01 → 2023-02-28vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥132.32021-03-01 → 2022-02-28vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (diluted)¥186.512025-03-01 → 2026-02-28Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥170.572024-03-01 → 2025-02-28Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥156.032023-03-01 → 2024-02-29vCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥127.492022-03-01 → 2023-02-28vCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥126.482021-03-01 → 2022-02-28vCons.Diluted earnings loss per share IFRS (5-year summary)
Net assets per share¥1,355.26at 2026-02-28Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥1,209.85at 2025-02-28Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥1,136.24at 2024-02-29vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥1,012.47at 2023-02-28vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥901.71at 2022-02-28vCons.Equity to asset ratio IFRS (5-year summary)
Equity ratio63.9%at 2026-02-28Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio61.1%at 2025-02-28Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio59.3%at 2024-02-29vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio55.2%at 2023-02-28vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio51.8%at 2022-02-28vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
ROE14.6%2025-03-01 → 2026-02-28Cons.Rate of return on equity IFRS (5-year summary)
ROE14.7%2024-03-01 → 2025-02-28Cons.Rate of return on equity IFRS (5-year summary)
ROE14.7%2023-03-01 → 2024-02-29vCons.Rate of return on equity IFRS (5-year summary)
ROE13.5%2022-03-01 → 2023-02-28vCons.Rate of return on equity IFRS (5-year summary)
ROE15.5%2021-03-01 → 2022-02-28vCons.Rate of return on equity IFRS (5-year summary)
Employees1,126at 2026-02-28Cons.Number of employees
Employees1,002at 2025-02-28Cons.Number of employees
Employees881at 2024-02-29vCons.Number of employees
Employees799at 2023-02-28vCons.Number of employees
Employees717at 2022-02-28vCons.Number of employees
Revenue¥28.0bn2025-03-01 → 2026-02-28StandaloneNet sales
Revenue¥26.9bn2024-03-01 → 2025-02-28StandaloneNet sales
Revenue¥25.0bn2023-03-01 → 2024-02-29vStandaloneNet sales (5-year summary)
Revenue¥21.7bn2022-03-01 → 2023-02-28vStandaloneNet sales (5-year summary)
Revenue¥19.1bn2021-03-01 → 2022-02-28vStandaloneNet sales (5-year summary)
Operating income¥6.4bn2025-03-01 → 2026-02-28StandaloneOperating income
Operating income¥5.8bn2024-03-01 → 2025-02-28StandaloneOperating income
Ordinary income¥6.5bn2025-03-01 → 2026-02-28StandaloneOrdinary income
Ordinary income¥5.8bn2024-03-01 → 2025-02-28StandaloneOrdinary income
Ordinary income¥5.0bn2023-03-01 → 2024-02-29vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥3.4bn2022-03-01 → 2023-02-28vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥3.5bn2021-03-01 → 2022-02-28vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥6.4bn2025-03-01 → 2026-02-28StandaloneIncome before income taxes
Profit before tax¥5.6bn2024-03-01 → 2025-02-28StandaloneIncome before income taxes
Net income¥4.1bn2025-03-01 → 2026-02-28StandaloneProfit loss
Net income¥3.6bn2024-03-01 → 2025-02-28StandaloneProfit loss
Net income¥3.3bn2023-03-01 → 2024-02-29vStandaloneNet income loss (5-year summary)
Net income¥2.1bn2022-03-01 → 2023-02-28vStandaloneNet income loss (5-year summary)
Net income¥2.2bn2021-03-01 → 2022-02-28vStandaloneNet income loss (5-year summary)
Total assets¥46.9bnat 2026-02-28StandaloneAssets
Total assets¥45.2bnat 2025-02-28StandaloneAssets
Total assets¥45.5bnat 2024-02-29vStandaloneTotal assets (5-year summary)
Total assets¥44.6bnat 2023-02-28vStandaloneTotal assets (5-year summary)
Total assets¥43.7bnat 2022-02-28vStandaloneTotal assets (5-year summary)
Total liabilities¥22.6bnat 2026-02-28StandaloneLiabilities
Total liabilities¥23.4bnat 2025-02-28StandaloneLiabilities
Net assets / equity¥24.3bnat 2026-02-28StandaloneNet assets
Net assets / equity¥21.8bnat 2025-02-28StandaloneNet assets
Net assets / equity¥21.4bnat 2024-02-29vStandaloneNet assets
Net assets / equity¥19.0bnat 2023-02-28vStandaloneNet assets (5-year summary)
Net assets / equity¥17.4bnat 2022-02-28vStandaloneNet assets (5-year summary)
Cash and deposits¥11.6bnat 2026-02-28StandaloneCash and deposits
Cash and deposits¥13.4bnat 2025-02-28StandaloneCash and deposits
EPS (basic)¥117.552025-03-01 → 2026-02-28StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥104.592024-03-01 → 2025-02-28StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥97.32023-03-01 → 2024-02-29vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥62.912022-03-01 → 2023-02-28vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥65.492021-03-01 → 2022-02-28vStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥116.882025-03-01 → 2026-02-28StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥103.742024-03-01 → 2025-02-28StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥96.052023-03-01 → 2024-02-29vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥61.922022-03-01 → 2023-02-28vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥62.612021-03-01 → 2022-02-28vStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥1042025-03-01 → 2026-02-28StandaloneDividend paid per share (5-year summary)
Dividend per share¥1042024-03-01 → 2025-02-28StandaloneDividend paid per share (5-year summary)
Dividend per share¥78.72023-03-01 → 2024-02-29vStandaloneDividend paid per share (5-year summary)
Dividend per share¥43.12022-03-01 → 2023-02-28vStandaloneDividend paid per share (5-year summary)
Dividend per share¥42.62021-03-01 → 2022-02-28vStandaloneDividend paid per share (5-year summary)
Net assets per share¥700.08at 2026-02-28StandaloneNet assets per share (5-year summary)
Net assets per share¥631.98at 2025-02-28StandaloneNet assets per share (5-year summary)
Net assets per share¥620.79at 2024-02-29vStandaloneNet assets per share (5-year summary)
Net assets per share¥555.85at 2023-02-28vStandaloneNet assets per share (5-year summary)
Net assets per share¥514.11at 2022-02-28vStandaloneNet assets per share (5-year summary)
Equity ratio51.8%at 2026-02-28StandaloneEquity to asset ratio (5-year summary)
Equity ratio48.3%at 2025-02-28StandaloneEquity to asset ratio (5-year summary)
Equity ratio46.9%at 2024-02-29vStandaloneEquity to asset ratio (5-year summary)
Equity ratio42.5%at 2023-02-28vStandaloneEquity to asset ratio (5-year summary)
Equity ratio39.8%at 2022-02-28vStandaloneEquity to asset ratio (5-year summary)
ROE17.7%2025-03-01 → 2026-02-28StandaloneRate of return on equity (5-year summary)
ROE16.7%2024-03-01 → 2025-02-28StandaloneRate of return on equity (5-year summary)
ROE16.5%2023-03-01 → 2024-02-29vStandaloneRate of return on equity (5-year summary)
ROE11.8%2022-03-01 → 2023-02-28vStandaloneRate of return on equity (5-year summary)
ROE12.4%2021-03-01 → 2022-02-28vStandaloneRate of return on equity (5-year summary)
Shares issued35,009,470at 2026-02-28StandaloneTotal number of issued shares (5-year summary)
Shares issued34,932,870at 2025-02-28StandaloneTotal number of issued shares (5-year summary)
Shares issued34,823,070at 2024-02-29vStandaloneTotal number of issued shares (5-year summary)
Shares issued34,571,170at 2023-02-28vStandaloneTotal number of issued shares (5-year summary)
Shares issued34,372,370at 2022-02-28vStandaloneTotal number of issued shares (5-year summary)
Employees836at 2026-02-28StandaloneNumber of employees
Employees819at 2025-02-28StandaloneNumber of employees
Employees776at 2024-02-29vStandaloneNumber of employees
Employees705at 2023-02-28vStandaloneNumber of employees
Employees623at 2022-02-28vStandaloneNumber 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 · 1,543
ItemContextValueUnit
Other non current assets nca IFRSCurrentYearInstant50663000JPY
Non current assets IFRSPrior1YearInstant50612902000JPY
Non current assets IFRSCurrentYearInstant55477686000JPY
Assets IFRSPrior1YearInstant68436952000JPY
Assets IFRSCurrentYearInstant73490811000JPY
Trade and other payables cl IFRSPrior1YearInstant988411000JPY
Trade and other payables cl IFRSCurrentYearInstant1128270000JPY
Contract liabilities cl IFRSPrior1YearInstant8082590000JPY
Contract liabilities cl IFRSCurrentYearInstant8091691000JPY
Current portion of long term borrowings cl IFRSPrior1YearInstant1452125000JPY
Current portion of long term borrowings cl IFRSCurrentYearInstant1431236000JPY
Income taxes payable cl IFRSPrior1YearInstant1291671000JPY
Income taxes payable cl IFRSCurrentYearInstant1266199000JPY
Other financial liabilities cl IFRSPrior1YearInstant613887000JPY
Other financial liabilities cl IFRSCurrentYearInstant593083000JPY
Other current liabilities cl IFRSPrior1YearInstant2411553000JPY
Other current liabilities cl IFRSCurrentYearInstant2790033000JPY
Total current liabilities IFRSPrior1YearInstant14840239000JPY
Total current liabilities IFRSCurrentYearInstant15300514000JPY
Borrowings ncl IFRSPrior1YearInstant7106203000JPY
Borrowings ncl IFRSCurrentYearInstant5685875000JPY
Provisions ncl IFRSPrior1YearInstant192820000JPY
Provisions ncl IFRSCurrentYearInstant245638000JPY
Other financial liabilities ncl IFRSPrior1YearInstant243757000JPY
Other financial liabilities ncl IFRSCurrentYearInstant147698000JPY
Deferred tax liabilities IFRSPrior1YearInstant4207737000JPY
Deferred tax liabilities IFRSCurrentYearInstant5078489000JPY
Non current labilities IFRSPrior1YearInstant11750519000JPY
Non current labilities IFRSCurrentYearInstant11157702000JPY
Liabilities IFRSPrior1YearInstant26590758000JPY
Liabilities IFRSCurrentYearInstant26458217000JPY
Share capital IFRSPrior1YearInstant1228008000JPY
Share capital IFRSCurrentYearInstant1247675000JPY
Capital surplus IFRSPrior1YearInstant12399974000JPY
Capital surplus IFRSCurrentYearInstant12532674000JPY
Other components of equity IFRSPrior1YearInstant2059091000JPY
Other components of equity IFRSCurrentYearInstant4495920000JPY
Retained earnings IFRSPrior1YearInstant26611769000JPY
Retained earnings IFRSCurrentYearInstant29152827000JPY
Treasury shares IFRSPrior1YearInstant-506450000JPY
Treasury shares IFRSCurrentYearInstant-428959000JPY
Equity attributable to owners of parent IFRSPrior1YearInstant41792393000JPY
Equity attributable to owners of parent IFRSCurrentYearInstant47000138000JPY
Non controlling interests IFRSPrior1YearInstant53800000JPY
Non controlling interests IFRSCurrentYearInstant32455000JPY
Equity IFRSPrior1YearInstant41846194000JPY
Equity IFRSCurrentYearInstant47032593000JPY
Liabilities and equity IFRSPrior1YearInstant68436952000JPY
Liabilities and equity IFRSCurrentYearInstant73490811000JPY
Revenue IFRSPrior1YearDuration28708071000JPY

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 2025-02-28pass
balance sheet identityconsolidated 2026-02-28pass rounding
balance sheet identitynon_consolidated 2025-02-28pass rounding
balance sheet identitynon_consolidated 2026-02-28pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsnon_consolidated 2024-02-29pass
statement vs summary · net assetsnon_consolidated 2025-02-28pass
statement vs summary · net assetsnon_consolidated 2026-02-28pass
statement vs summary · net income attributable to parentconsolidated 2024-03-01/2025-02-28pass
statement vs summary · net income attributable to parentconsolidated 2025-03-01/2026-02-28pass
statement vs summary · operating cash flowconsolidated 2024-03-01/2025-02-28pass
statement vs summary · operating cash flowconsolidated 2025-03-01/2026-02-28pass
statement vs summary · revenueconsolidated 2024-03-01/2025-02-28pass
statement vs summary · revenueconsolidated 2025-03-01/2026-02-28pass
statement vs summary · revenuenon_consolidated 2024-03-01/2025-02-28pass
statement vs summary · revenuenon_consolidated 2025-03-01/2026-02-28pass
statement vs summary · total assetsconsolidated 2025-02-28pass
statement vs summary · total assetsconsolidated 2026-02-28pass
statement vs summary · total assetsnon_consolidated 2025-02-28pass
statement vs summary · total assetsnon_consolidated 2026-02-28pass