Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-23
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 148
MetricValuePeriodScopeSource row
Revenue¥38.0bn2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥38.7bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥40.4bn2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
Revenue¥39.2bn2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Revenue¥31.8bn2021-04-01 → 2022-03-31vCons.Net sales (5-year summary)
Operating income¥4.7bn2025-04-01 → 2026-03-31Cons.Operating income
Operating income¥3.9bn2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income¥4.8bn2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income¥4.1bn2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥2.4bn2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥2.2bn2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥1.7bn2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥4.8bn2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax¥4.5bn2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)¥3.3bn2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥3.2bn2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥1.9bn2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥1.6bn2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥726m2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥4.2bn2025-04-01 → 2026-03-31Cons.Profit loss
Net income¥4.1bn2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥42.9bnat 2026-03-31Cons.Assets
Total assets¥40.4bnat 2025-03-31Cons.Assets
Total assets¥40.0bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥41.6bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥37.4bnat 2022-03-31vCons.Total assets (5-year summary)
Total liabilities¥13.2bnat 2026-03-31Cons.Liabilities
Total liabilities¥15.0bnat 2025-03-31Cons.Liabilities
Net assets / equity¥29.6bnat 2026-03-31Cons.Net assets
Net assets / equity¥25.4bnat 2025-03-31Cons.Net assets
Net assets / equity¥22.3bnat 2024-03-31vCons.Net assets
Net assets / equity¥22.3bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥20.6bnat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥6.4bnat 2026-03-31Cons.Cash and deposits
Cash and deposits¥5.0bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥3.7bnat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥4.6bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥3.3bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥2.8bnat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥3.0bnat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥6.5bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥5.2bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥4.9bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥540m2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.0bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥5.1bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.2bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥3.0bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥1.5bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥1.3bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥2.4bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥2.6bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥1.6bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥1.8bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥762m2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥180.542025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥173.942024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-101.982023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥85.982022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥40.162021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥1,331.42at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,138.94at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,001.56at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥1,053.16at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥998.76at 2022-03-31vCons.Net assets per share (5-year summary)
Equity ratio56.6%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio51.2%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio45.5%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio45.9%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio48.3%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
ROE14.6%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE16.3%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE-9.9%2023-04-01 → 2024-03-31vCons.Rate of return on equity (5-year summary)
ROE8.4%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
ROE4.2%2021-04-01 → 2022-03-31vCons.Rate of return on equity (5-year summary)
Employees851at 2026-03-31Cons.Number of employees
Employees860at 2025-03-31Cons.Number of employees
Employees946at 2024-03-31vCons.Number of employees
Employees1,023at 2023-03-31vCons.Number of employees
Employees1,009at 2022-03-31vCons.Number of employees
Revenue¥23.1bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥25.0bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥24.8bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥22.7bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥20.1bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income¥1.5bn2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥1.9bn2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥1.9bn2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥2.2bn2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥2.0bn2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥843m2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥730m2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥2.0bn2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥2.2bn2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥2.3bn2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥2.6bn2024-04-01 → 2025-03-31StandaloneProfit loss
Net income−¥2.4bn2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥761m2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥453m2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥27.3bnat 2026-03-31StandaloneAssets
Total assets¥26.4bnat 2025-03-31StandaloneAssets
Total assets¥25.4bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥28.6bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥26.0bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥11.7bnat 2026-03-31StandaloneLiabilities
Total liabilities¥12.9bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥15.6bnat 2026-03-31StandaloneNet assets
Net assets / equity¥13.5bnat 2025-03-31StandaloneNet assets
Net assets / equity¥11.3bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥13.8bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥13.7bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥1.6bnat 2026-03-31StandaloneCash and deposits
Cash and deposits¥957mat 2025-03-31StandaloneCash and deposits
EPS (basic)¥127.492025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥141.142024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-132.692023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥42.022022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥25.062021-04-01 → 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¥252024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥162023-04-01 → 2024-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥162022-04-01 → 2023-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥142021-04-01 → 2022-03-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥855.95at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥745.55at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥623.16at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥758.73at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥755.11at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio57.0%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio51.2%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio44.5%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio48.1%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio52.5%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE15.9%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE20.6%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE-19.2%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE5.6%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE3.4%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued18,373,974at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued18,373,974at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued18,373,974at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued18,373,974at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued18,373,974at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees256at 2026-03-31StandaloneNumber of employees
Employees252at 2025-03-31StandaloneNumber of employees
Employees249at 2024-03-31vStandaloneNumber of employees
Employees249at 2023-03-31vStandaloneNumber of employees
Employees248at 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
Collagenreportable segmentemployeesat 2026-03-31851 pure
Collagenreportable segmentemployeesat 2026-03-31256 pure

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

All source rows · 1,601
ItemContextValueUnit
Career summary information about directors and corporate auditors (text)FilingDateInstant_jpcrp030000-asr_E26061-000HayashiKazuyaMemberText · Plus
Term of office information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000HayashiKazuyaMember
Original text (Japanese)(注)3
Official title or position information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000AndoAkiraMember
Original text (Japanese)取締役執行役員管理本部長
Name information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000AndoAkiraMember
Original text (Japanese)安藤 啓
Date of birth information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000AndoAkiraMember1970-08-14
Career summary information about directors and corporate auditors (text)FilingDateInstant_jpcrp030000-asr_E26061-000AndoAkiraMemberText · Plus
Term of office information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000AndoAkiraMember
Original text (Japanese)(注)3
Official title or position information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000SuzukiHiromasaMember
Original text (Japanese)取締役
Name information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000SuzukiHiromasaMember
Original text (Japanese)鈴木 博正
Date of birth information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000SuzukiHiromasaMember1956-09-21
Career summary information about directors and corporate auditors (text)FilingDateInstant_jpcrp030000-asr_E26061-000SuzukiHiromasaMemberText · Plus
Term of office information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000SuzukiHiromasaMember
Original text (Japanese)(注)3
Official title or position information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000TakahashiHisaoMember
Original text (Japanese)取締役
Name information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000TakahashiHisaoMember
Original text (Japanese)高橋 尚男
Date of birth information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000TakahashiHisaoMember1961-02-24
Career summary information about directors and corporate auditors (text)FilingDateInstant_jpcrp030000-asr_E26061-000TakahashiHisaoMemberText · Plus
Term of office information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000TakahashiHisaoMember
Original text (Japanese)(注)3
Official title or position information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000OidaYumikoMember
Original text (Japanese)取締役
Name information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000OidaYumikoMember
Original text (Japanese)種田 ゆみこ
Date of birth information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000OidaYumikoMember1966-12-25
Career summary information about directors and corporate auditors (text)FilingDateInstant_jpcrp030000-asr_E26061-000OidaYumikoMemberText · Plus
Term of office information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000OidaYumikoMember
Original text (Japanese)(注)3
Official title or position information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000InoueKazuyaMember
Original text (Japanese)常勤監査役
Name information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000InoueKazuyaMember
Original text (Japanese)井上 和也
Date of birth information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000InoueKazuyaMember1963-06-06
Career summary information about directors and corporate auditors (text)FilingDateInstant_jpcrp030000-asr_E26061-000InoueKazuyaMemberText · Plus
Term of office information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000InoueKazuyaMember
Original text (Japanese)(注)4
Official title or position information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000YoshidaTakashiMember
Original text (Japanese)監査役
Name information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000YoshidaTakashiMember
Original text (Japanese)吉田 隆司
Date of birth information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000YoshidaTakashiMember1961-11-25
Career summary information about directors and corporate auditors (text)FilingDateInstant_jpcrp030000-asr_E26061-000YoshidaTakashiMemberText · Plus
Term of office information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000YoshidaTakashiMember
Original text (Japanese)(注)5
Official title or position information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000UedaMaikoMember
Original text (Japanese)監査役
Name information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000UedaMaikoMember
Original text (Japanese)植田 麻衣子
Date of birth information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000UedaMaikoMember1969-08-02
Career summary information about directors and corporate auditors (text)FilingDateInstant_jpcrp030000-asr_E26061-000UedaMaikoMemberText · Plus
Term of office information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E26061-000UedaMaikoMember
Original text (Japanese)(注)4
Footnotes directors and corporate auditors (text)FilingDateInstant_Row1MemberText · Plus
Footnotes directors and corporate auditors (text)FilingDateInstant_Row2MemberText · Plus
Footnotes directors and corporate auditors (text)FilingDateInstant_Row3MemberText · Plus
Footnotes directors and corporate auditors (text)FilingDateInstant_Row4MemberText · Plus
Footnotes directors and corporate auditors (text)FilingDateInstant_Row5MemberText · Plus
Footnotes directors and corporate auditors (text)FilingDateInstant_Row6MemberText · Plus
Footnotes directors and corporate auditors (text)FilingDateInstant_Row7MemberText · Plus
Footnotes directors and corporate auditors (text)FilingDateInstant_Row8MemberText · Plus
Outside directors and outside corporate auditors (text)FilingDateInstantText · Plus
Audits (text)FilingDateInstantText · Plus
Remuneration for directors and other officers (text)FilingDateInstantText · Plus
Shareholdings (text)FilingDateInstantText · Plus
Reason for increase in number of shares shares not listed investment shares held for purposes other than pure investment reporting companyCurrentYearDuration-

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 rounding
balance sheet identitynon_consolidated 2025-03-31pass rounding
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