Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-18
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 148
MetricValuePeriodScopeSource row
Revenue¥36.6bn2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥39.4bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥36.2bn2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
Revenue¥33.5bn2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Revenue¥34.9bn2021-04-01 → 2022-03-31vCons.Net sales (5-year summary)
Operating income−¥660m2025-04-01 → 2026-03-31Cons.Operating income
Operating income¥1.3bn2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income¥1.7bn2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income¥1.9bn2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥1.7bn2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥3.1bn2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥5.4bn2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥1.5bn2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax¥1.9bn2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)¥1.5bn2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥1.2bn2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥2.2bn2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥2.2bn2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥3.7bn2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥1.5bn2025-04-01 → 2026-03-31Cons.Profit loss
Net income¥1.2bn2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥86.3bnat 2026-03-31Cons.Assets
Total assets¥83.9bnat 2025-03-31Cons.Assets
Total assets¥81.8bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥75.6bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥75.2bnat 2022-03-31vCons.Total assets (5-year summary)
Total liabilities¥11.0bnat 2026-03-31Cons.Liabilities
Total liabilities¥10.7bnat 2025-03-31Cons.Liabilities
Net assets / equity¥75.3bnat 2026-03-31Cons.Net assets
Net assets / equity¥73.2bnat 2025-03-31Cons.Net assets
Net assets / equity¥72.3bnat 2024-03-31vCons.Net assets
Net assets / equity¥67.2bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥66.3bnat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥8.9bnat 2026-03-31Cons.Cash and deposits
Cash and deposits¥15.1bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥12.1bnat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥18.3bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥18.7bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥25.8bnat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥23.4bnat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow−¥1.3bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥4.4bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥513m2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.6bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥8.2bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥3.5bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥3.5bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥7.2bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow¥3.4bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow¥870m2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥1.7bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥1.6bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥1.5bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥3.2bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥2.2bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥26.992025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥22.252024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥40.082023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥40.492022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥66.322021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥1,379.03at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,340.98at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,324.82at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥1,232.41at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥1,179.46at 2022-03-31vCons.Net assets per share (5-year summary)
Equity ratio87.2%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio87.3%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio88.4%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio88.9%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio88.2%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
ROE2.0%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE1.7%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE3.1%2023-04-01 → 2024-03-31vCons.Rate of return on equity (5-year summary)
ROE3.3%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
ROE5.7%2021-04-01 → 2022-03-31vCons.Rate of return on equity (5-year summary)
Employees1,142at 2026-03-31Cons.Number of employees
Employees1,075at 2025-03-31Cons.Number of employees
Employees988at 2024-03-31vCons.Number of employees
Employees976at 2023-03-31vCons.Number of employees
Employees937at 2022-03-31vCons.Number of employees
Revenue¥23.6bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥26.6bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥25.1bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥22.1bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥25.2bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income−¥1.9bn2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥440m2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥589m2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥1.3bn2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥1.8bn2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.8bn2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥3.7bn2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥419m2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥1.3bn2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥737m2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥922m2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥2.5bn2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥1.8bn2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥2.5bn2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥67.4bnat 2026-03-31StandaloneAssets
Total assets¥66.5bnat 2025-03-31StandaloneAssets
Total assets¥66.7bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥63.1bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥64.6bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥7.3bnat 2026-03-31StandaloneLiabilities
Total liabilities¥7.2bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥60.1bnat 2026-03-31StandaloneNet assets
Net assets / equity¥59.3bnat 2025-03-31StandaloneNet assets
Net assets / equity¥60.3bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥56.7bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥58.0bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥3.2bnat 2026-03-31StandaloneCash and deposits
Cash and deposits¥10.4bnat 2025-03-31StandaloneCash and deposits
EPS (basic)¥13.52025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥16.92024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥46.52023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥32.552022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥44.342021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥302025-04-01 → 2026-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥302024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥262023-04-01 → 2024-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥262022-04-01 → 2023-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥302021-04-01 → 2022-03-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥1,100.14at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,085.96at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,105.46at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,039.07at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,031.37at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio89.2%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio89.1%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio90.4%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio89.9%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio89.7%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE1.2%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE1.5%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE4.3%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE3.1%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE4.3%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued56,814,000at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued56,814,000at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued56,814,000at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued56,814,000at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued56,814,000at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees694at 2026-03-31StandaloneNumber of employees
Employees647at 2025-03-31StandaloneNumber of employees
Employees565at 2024-03-31vStandaloneNumber of employees
Employees540at 2023-03-31vStandaloneNumber of employees
Employees531at 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.

Segments · 40
SegmentItemPeriodValue
LALreportable segmentcapex2025-04-01 → 2026-03-31¥680m
LALreportable segmentdepreciation2025-04-01 → 2026-03-31¥576m
LALreportable segmentemployeesat 2026-03-31307 pure
LALreportable segmentrevenue2025-04-01 → 2026-03-31¥12.2bn
LALreportable segmentrevenue external2025-04-01 → 2026-03-31¥12.2bn
LALreportable segmentsegment assetsat 2026-03-31¥16.9bn
LALreportable segmentsegment profit2025-04-01 → 2026-03-31¥975m
Pharmaceuticalreportable segmentcapex2025-04-01 → 2026-03-31¥5.5bn
Pharmaceuticalreportable segmentdepreciation2025-04-01 → 2026-03-31¥1.4bn
Pharmaceuticalreportable segmentemployeesat 2026-03-31706 pure
Pharmaceuticalreportable segmentrevenue2025-04-01 → 2026-03-31¥24.5bn
Pharmaceuticalreportable segmentrevenue external2025-04-01 → 2026-03-31¥24.5bn
Pharmaceuticalreportable segmentsegment assetsat 2026-03-31¥69.5bn
Pharmaceuticalreportable segmentsegment profit2025-04-01 → 2026-03-31−¥1.6bn
—segment totalcapex2025-04-01 → 2026-03-31¥6.2bn
—segment totaldepreciation2025-04-01 → 2026-03-31¥2.0bn
—segment totalrevenue2025-04-01 → 2026-03-31¥36.6bn
—segment totalrevenue external2025-04-01 → 2026-03-31¥36.6bn
—segment totalsegment assetsat 2026-03-31¥86.3bn
—segment totalsegment profit2025-04-01 → 2026-03-31−¥660m
LALreportable segmentcapex2024-04-01 → 2025-03-31¥973m
LALreportable segmentdepreciation2024-04-01 → 2025-03-31¥540m
LALreportable segmentrevenue2024-04-01 → 2025-03-31¥11.9bn
LALreportable segmentrevenue external2024-04-01 → 2025-03-31¥11.9bn
LALreportable segmentsegment assetsat 2025-03-31¥15.9bn
LALreportable segmentsegment profit2024-04-01 → 2025-03-31¥809m
Pharmaceuticalreportable segmentcapex2024-04-01 → 2025-03-31¥3.4bn
Pharmaceuticalreportable segmentdepreciation2024-04-01 → 2025-03-31¥1.3bn
Pharmaceuticalreportable segmentrevenue2024-04-01 → 2025-03-31¥27.5bn
Pharmaceuticalreportable segmentrevenue external2024-04-01 → 2025-03-31¥27.5bn
Pharmaceuticalreportable segmentsegment assetsat 2025-03-31¥68.0bn
Pharmaceuticalreportable segmentsegment profit2024-04-01 → 2025-03-31¥523m
—segment totalcapex2024-04-01 → 2025-03-31¥4.3bn
—segment totaldepreciation2024-04-01 → 2025-03-31¥1.8bn
—segment totalrevenue2024-04-01 → 2025-03-31¥39.4bn
—segment totalrevenue external2024-04-01 → 2025-03-31¥39.4bn
—segment totalsegment assetsat 2025-03-31¥83.9bn
—segment totalsegment profit2024-04-01 → 2025-03-31¥1.3bn
LALreportable segmentemployeesat 2026-03-3115 pure
Pharmaceuticalreportable segmentemployeesat 2026-03-31550 pure

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

All source rows · 1,596
ItemContextValueUnit
Liabilities and net assetsCurrentYearInstant86344000000JPY
Net salesPrior1YearDuration39374000000JPY
Net salesCurrentYearDuration36645000000JPY
Cost of salesPrior1YearDuration20221000000JPY
Cost of salesCurrentYearDuration20673000000JPY
Gross profitPrior1YearDuration19153000000JPY
Gross profitCurrentYearDuration15972000000JPY
Personal expenses sgaPrior1YearDuration3665000000JPY
Personal expenses sgaCurrentYearDuration3475000000JPY
Provision for bonuses sgaPrior1YearDuration216000000JPY
Provision for bonuses sgaCurrentYearDuration188000000JPY
Retirement benefit expenses sgaPrior1YearDuration95000000JPY
Retirement benefit expenses sgaCurrentYearDuration107000000JPY
Research and development expenses sgaPrior1YearDuration7643000000JPY
Research and development expenses sgaCurrentYearDuration7010000000JPY
Other sgaPrior1YearDuration6198000000JPY
Other sgaCurrentYearDuration5850000000JPY
Selling general and administrative expensesPrior1YearDuration17819000000JPY
Selling general and administrative expensesCurrentYearDuration16632000000JPY
Operating incomePrior1YearDuration1333000000JPY
Operating incomeCurrentYearDuration-660000000JPY
Interest income noiPrior1YearDuration162000000JPY
Interest income noiCurrentYearDuration110000000JPY
Dividends income noiPrior1YearDuration463000000JPY
Dividends income noiCurrentYearDuration501000000JPY
Foreign exchange gains noiPrior1YearDuration-JPY
Foreign exchange gains noiCurrentYearDuration354000000JPY
Gain on sales of investment securities noiPrior1YearDuration200000000JPY
Gain on sales of investment securities noiCurrentYearDuration1261000000JPY
Reversal of environmental measures noiPrior1YearDuration-JPY
Reversal of environmental measures noiCurrentYearDuration75000000JPY
Other noiPrior1YearDuration65000000JPY
Other noiCurrentYearDuration65000000JPY
Non operating incomePrior1YearDuration891000000JPY
Non operating incomeCurrentYearDuration2367000000JPY
Interest expenses noePrior1YearDuration4000000JPY
Interest expenses noeCurrentYearDuration9000000JPY
Foreign exchange losses noePrior1YearDuration247000000JPY
Foreign exchange losses noeCurrentYearDuration-JPY
Commission fee noePrior1YearDuration4000000JPY
Commission fee noeCurrentYearDuration4000000JPY
Loss on retirement of noncurrent assets noePrior1YearDuration27000000JPY
Loss on retirement of noncurrent assets noeCurrentYearDuration4000000JPY
Taxes and dues noePrior1YearDuration6000000JPY
Taxes and dues noeCurrentYearDuration6000000JPY
Other noePrior1YearDuration1000000JPY
Other noeCurrentYearDuration2000000JPY
Non operating expensesPrior1YearDuration291000000JPY
Non operating expensesCurrentYearDuration27000000JPY
Ordinary incomePrior1YearDuration1933000000JPY

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 2025-03-31pass
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 assetsconsolidated 2024-03-31pass
statement vs summary · net assetsconsolidated 2025-03-31pass
statement vs summary · net assetsconsolidated 2026-03-31pass
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