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
Equity attributable to owners of parent IFRS (5-year summary)Prior4YearInstant30543086000JPY
Equity attributable to owners of parent IFRS (5-year summary)Prior3YearInstant34516913000JPY
Equity attributable to owners of parent IFRS (5-year summary)Prior2YearInstant39074456000JPY
Equity attributable to owners of parent IFRS (5-year summary)Prior1YearInstant41792393000JPY
Equity attributable to owners of parent IFRS (5-year summary)CurrentYearInstant47000138000JPY
Total assets IFRS (5-year summary)Prior4YearInstant58919371000JPY
Total assets IFRS (5-year summary)Prior3YearInstant62550070000JPY
Total assets IFRS (5-year summary)Prior2YearInstant65950027000JPY
Total assets IFRS (5-year summary)Prior1YearInstant68436952000JPY
Total assets IFRS (5-year summary)CurrentYearInstant73490811000JPY
Equity to asset ratio IFRS (5-year summary)Prior4YearInstant901.71
Equity to asset ratio IFRS (5-year summary)Prior3YearInstant1012.47
Equity to asset ratio IFRS (5-year summary)Prior2YearInstant1136.24
Equity to asset ratio IFRS (5-year summary)Prior1YearInstant1209.85
Equity to asset ratio IFRS (5-year summary)CurrentYearInstant1355.26
Basic earnings loss per share IFRS (5-year summary)Prior4YearDuration132.30
Basic earnings loss per share IFRS (5-year summary)Prior3YearDuration129.54
Basic earnings loss per share IFRS (5-year summary)Prior2YearDuration158.05
Basic earnings loss per share IFRS (5-year summary)Prior1YearDuration171.97
Basic earnings loss per share IFRS (5-year summary)CurrentYearDuration187.57
Diluted earnings loss per share IFRS (5-year summary)Prior4YearDuration126.48
Diluted earnings loss per share IFRS (5-year summary)Prior3YearDuration127.49
Diluted earnings loss per share IFRS (5-year summary)Prior2YearDuration156.03
Diluted earnings loss per share IFRS (5-year summary)Prior1YearDuration170.57
Diluted earnings loss per share IFRS (5-year summary)CurrentYearDuration186.51
Ratio of owners equity to gross assets IFRS (5-year summary)Prior4YearInstant0.5184
Ratio of owners equity to gross assets IFRS (5-year summary)Prior3YearInstant0.5518
Ratio of owners equity to gross assets IFRS (5-year summary)Prior2YearInstant0.5925
Ratio of owners equity to gross assets IFRS (5-year summary)Prior1YearInstant0.6107
Ratio of owners equity to gross assets IFRS (5-year summary)CurrentYearInstant0.6395
Rate of return on equity IFRS (5-year summary)Prior4YearDuration0.1549
Rate of return on equity IFRS (5-year summary)Prior3YearDuration0.1353
Rate of return on equity IFRS (5-year summary)Prior2YearDuration0.1471
Rate of return on equity IFRS (5-year summary)Prior1YearDuration0.1466
Rate of return on equity IFRS (5-year summary)CurrentYearDuration0.1464
Price earnings ratio IFRS (5-year summary)Prior4YearDuration9.50
Price earnings ratio IFRS (5-year summary)Prior3YearDuration13.63
Price earnings ratio IFRS (5-year summary)Prior2YearDuration18.91
Price earnings ratio IFRS (5-year summary)Prior1YearDuration20.15
Price earnings ratio IFRS (5-year summary)CurrentYearDuration14.63
Cash flows from used in operating activities IFRS (5-year summary)Prior4YearDuration6439450000JPY
Cash flows from used in operating activities IFRS (5-year summary)Prior3YearDuration6870802000JPY
Cash flows from used in operating activities IFRS (5-year summary)Prior2YearDuration7840027000JPY
Cash flows from used in operating activities IFRS (5-year summary)Prior1YearDuration8196244000JPY
Cash flows from used in operating activities IFRS (5-year summary)CurrentYearDuration7197999000JPY
Cash flows from used in investing activities IFRS (5-year summary)Prior4YearDuration-532551000JPY
Cash flows from used in investing activities IFRS (5-year summary)Prior3YearDuration-1020466000JPY
Cash flows from used in investing activities IFRS (5-year summary)Prior2YearDuration-1600906000JPY
Cash flows from used in investing activities IFRS (5-year summary)Prior1YearDuration-1657070000JPY
Cash flows from used in investing activities IFRS (5-year summary)CurrentYearDuration-2895020000JPY

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