Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-23
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed

Amended by S100YSOS (2026-07-29).

Key figures · 156
MetricValuePeriodScopeSource row
Revenue¥40.3bn2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥33.1bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥42.9bn2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
Revenue¥34.3bn2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Revenue¥51.1bn2021-04-01 → 2022-03-31vCons.Net sales (5-year summary)
Operating income¥555m2025-04-01 → 2026-03-31Cons.Operating income
Operating income−¥6.2bn2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income¥1.2bn2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income−¥7.0bn2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥7.3bn2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥5.4bn2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥20.5bn2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥3.2bn2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax−¥6.0bn2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)¥2.2bn2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥4.5bn2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥5.5bn2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥3.8bn2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥14.5bn2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥2.2bn2025-04-01 → 2026-03-31Cons.Profit loss
Net income−¥4.4bn2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥109.2bnat 2026-03-31Cons.Assets
Total assets¥104.8bnat 2025-03-31Cons.Assets
Total assets¥102.2bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥94.9bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥97.1bnat 2022-03-31vCons.Total assets (5-year summary)
Total liabilities¥61.9bnat 2026-03-31Cons.Liabilities
Total liabilities¥57.1bnat 2025-03-31Cons.Liabilities
Net assets / equity¥47.4bnat 2026-03-31Cons.Net assets
Net assets / equity¥47.7bnat 2025-03-31Cons.Net assets
Net assets / equity¥56.5bnat 2024-03-31vCons.Net assets
Net assets / equity¥52.4bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥51.1bnat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥14.0bnat 2026-03-31Cons.Cash and deposits
Cash and deposits¥13.2bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥14.0bnat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥13.2bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥18.8bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥13.3bnat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥30.7bnat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow−¥135m2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥5.8bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥9.3bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥5.5bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥9.3bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥12.5bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥9.6bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥2.7bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥15.0bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥3.3bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥13.3bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow¥9.7bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥2.0bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥1.9bn2022-04-01 → 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)¥17.872025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-36.022024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥44.132023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥30.352022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥117.262021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥17.862025-04-01 → 2026-03-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥43.922023-04-01 → 2024-03-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥30.222022-04-01 → 2023-03-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥116.82021-04-01 → 2022-03-31vCons.Diluted earnings per share (5-year summary)
Net assets per share¥384.19at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥387.95at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥443.62at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥412.11at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥406.57at 2022-03-31vCons.Net assets per share (5-year summary)
Equity ratio42.9%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio45.1%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio54.2%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio54.2%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio51.8%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
ROE4.6%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE-8.7%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE10.3%2023-04-01 → 2024-03-31vCons.Rate of return on equity (5-year summary)
ROE7.4%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
ROE32.9%2021-04-01 → 2022-03-31vCons.Rate of return on equity (5-year summary)
Employees985at 2026-03-31Cons.Number of employees
Employees987at 2025-03-31Cons.Number of employees
Employees934at 2024-03-31vCons.Number of employees
Employees879at 2023-03-31vCons.Number of employees
Employees816at 2022-03-31vCons.Number of employees
Revenue¥40.3bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥33.1bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥42.9bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥34.3bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥51.1bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income¥368m2025-04-01 → 2026-03-31StandaloneOperating income
Operating income−¥6.5bn2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥745m2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income−¥7.1bn2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥8.0bn2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥5.3bn2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥20.4bn2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥2.8bn2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax−¥6.1bn2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥1.9bn2025-04-01 → 2026-03-31StandaloneProfit loss
Net income−¥4.4bn2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥6.4bn2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥3.7bn2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥14.4bn2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥107.8bnat 2026-03-31StandaloneAssets
Total assets¥103.8bnat 2025-03-31StandaloneAssets
Total assets¥102.1bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥94.6bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥97.0bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥62.2bnat 2026-03-31StandaloneLiabilities
Total liabilities¥57.3bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥45.6bnat 2026-03-31StandaloneNet assets
Net assets / equity¥46.6bnat 2025-03-31StandaloneNet assets
Net assets / equity¥56.1bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥52.0bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥50.9bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥10.7bnat 2026-03-31StandaloneCash and deposits
Cash and deposits¥10.7bnat 2025-03-31StandaloneCash and deposits
EPS (basic)¥15.742025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-35.912024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥512023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥29.672022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥116.772021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥15.732025-04-01 → 2026-03-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥50.762023-04-01 → 2024-03-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥29.542022-04-01 → 2023-03-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥116.312021-04-01 → 2022-03-31vStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥202025-04-01 → 2026-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥202024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥202023-04-01 → 2024-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥202022-04-01 → 2023-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥222021-04-01 → 2022-03-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥373.25at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥381.48at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥443.32at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥410.86at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥407.02at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio42.2%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio44.8%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio54.2%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio54.2%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio51.9%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE4.2%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE-8.7%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE11.9%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE7.3%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE32.7%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued129,686,000at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued129,686,000at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued129,686,000at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued129,686,000at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued129,686,000at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees937at 2026-03-31StandaloneNumber of employees
Employees938at 2025-03-31StandaloneNumber of employees
Employees900at 2024-03-31vStandaloneNumber of employees
Employees854at 2023-03-31vStandaloneNumber of employees
Employees797at 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 · 2
SegmentItemPeriodValue
Pharmaceutical Businessreportable segmentemployeesat 2026-03-31985 pure
Pharmaceutical Businessreportable segmentemployeesat 2026-03-31937 pure

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

All source rows · 1,496
ItemContextValueUnit
Total assets (5-year summary)Prior4YearInstant97134000000JPY
Total assets (5-year summary)Prior3YearInstant94937000000JPY
Total assets (5-year summary)Prior2YearInstant102226000000JPY
Total assets (5-year summary)Prior1YearInstant104849000000JPY
Total assets (5-year summary)CurrentYearInstant109236000000JPY
Net assets per share (5-year summary)Prior4YearInstant406.57
Net assets per share (5-year summary)Prior3YearInstant412.11
Net assets per share (5-year summary)Prior2YearInstant443.62
Net assets per share (5-year summary)Prior1YearInstant387.95
Net assets per share (5-year summary)CurrentYearInstant384.19
Basic earnings loss per share (5-year summary)Prior4YearDuration117.26
Basic earnings loss per share (5-year summary)Prior3YearDuration30.35
Basic earnings loss per share (5-year summary)Prior2YearDuration44.13
Basic earnings loss per share (5-year summary)Prior1YearDuration-36.02
Basic earnings loss per share (5-year summary)CurrentYearDuration17.87
Diluted earnings per share (5-year summary)Prior4YearDuration116.80
Diluted earnings per share (5-year summary)Prior3YearDuration30.22
Diluted earnings per share (5-year summary)Prior2YearDuration43.92
Diluted earnings per share (5-year summary)Prior1YearDuration-
Diluted earnings per share (5-year summary)CurrentYearDuration17.86
Equity to asset ratio (5-year summary)Prior4YearInstant0.518
Equity to asset ratio (5-year summary)Prior3YearInstant0.542
Equity to asset ratio (5-year summary)Prior2YearInstant0.542
Equity to asset ratio (5-year summary)Prior1YearInstant0.451
Equity to asset ratio (5-year summary)CurrentYearInstant0.429
Rate of return on equity (5-year summary)Prior4YearDuration0.329
Rate of return on equity (5-year summary)Prior3YearDuration0.074
Rate of return on equity (5-year summary)Prior2YearDuration0.103
Rate of return on equity (5-year summary)Prior1YearDuration-0.087
Rate of return on equity (5-year summary)CurrentYearDuration0.046
Price earnings ratio (5-year summary)Prior4YearDuration19.2
Price earnings ratio (5-year summary)Prior3YearDuration46.6
Price earnings ratio (5-year summary)Prior2YearDuration19.5
Price earnings ratio (5-year summary)Prior1YearDuration-
Price earnings ratio (5-year summary)CurrentYearDuration31.8
Net cash provided by used in operating activities (5-year summary)Prior4YearDuration9289000000JPY
Net cash provided by used in operating activities (5-year summary)Prior3YearDuration-5500000000JPY
Net cash provided by used in operating activities (5-year summary)Prior2YearDuration9312000000JPY
Net cash provided by used in operating activities (5-year summary)Prior1YearDuration-5791000000JPY
Net cash provided by used in operating activities (5-year summary)CurrentYearDuration-135000000JPY
Net cash provided by used in investing activities (5-year summary)Prior4YearDuration-3250000000JPY
Net cash provided by used in investing activities (5-year summary)Prior3YearDuration-15002000000JPY
Net cash provided by used in investing activities (5-year summary)Prior2YearDuration-2690000000JPY
Net cash provided by used in investing activities (5-year summary)Prior1YearDuration-9569000000JPY
Net cash provided by used in investing activities (5-year summary)CurrentYearDuration-12504000000JPY
Net cash provided by used in financing activities (5-year summary)Prior4YearDuration-2179000000JPY
Net cash provided by used in financing activities (5-year summary)Prior3YearDuration1948000000JPY
Net cash provided by used in financing activities (5-year summary)Prior2YearDuration-2031000000JPY
Net cash provided by used in financing activities (5-year summary)Prior1YearDuration9736000000JPY
Net cash provided by used in financing activities (5-year summary)CurrentYearDuration13305000000JPY

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 rounding
balance sheet identityconsolidated 2026-03-31pass
balance sheet identitynon_consolidated 2025-03-31pass
balance sheet identitynon_consolidated 2026-03-31pass rounding
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