Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-26
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 133
MetricValuePeriodScopeSource row
Revenue¥2.2bn2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥3.0bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥2.4bn2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
Revenue¥3.0bn2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Revenue¥2.2bn2021-04-01 → 2022-03-31vCons.Net sales (5-year summary)
Operating income−¥860m2025-04-01 → 2026-03-31Cons.Operating income
Operating income−¥130m2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income−¥581m2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income¥45m2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥40m2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income−¥120m2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income−¥507m2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax−¥587m2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax¥45m2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)−¥592m2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥103m2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥31m2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥305m2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥575m2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income−¥592m2025-04-01 → 2026-03-31Cons.Profit loss
Net income¥103m2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥9.7bnat 2026-03-31Cons.Assets
Total assets¥9.7bnat 2025-03-31Cons.Assets
Total assets¥9.1bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥8.4bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥8.1bnat 2022-03-31vCons.Total assets (5-year summary)
Total liabilities¥806mat 2026-03-31Cons.Liabilities
Total liabilities¥686mat 2025-03-31Cons.Liabilities
Net assets / equity¥8.8bnat 2026-03-31Cons.Net assets
Net assets / equity¥9.0bnat 2025-03-31Cons.Net assets
Net assets / equity¥8.3bnat 2024-03-31vCons.Net assets
Net assets / equity¥7.6bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥7.3bnat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥2.6bnat 2026-03-31Cons.Cash and deposits
Cash and deposits¥2.8bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥2.6bnat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥2.8bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥2.9bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥1.9bnat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥2.6bnat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow−¥384m2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥6m2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥11m2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥141m2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥246m2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow¥58m2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥796m2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow¥404m2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥1.1bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥2.1bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥680m2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow¥544m2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥483m2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥2.4bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥-6.252025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥1.112024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-0.372023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-3.622022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-7.572021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥93.09at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥94.89at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥93.41at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥89.01at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥88.11at 2022-03-31vCons.Net assets per share (5-year summary)
Equity ratio91.7%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio92.9%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio91.8%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio90.7%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio89.5%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
ROE1.2%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
Employees101at 2026-03-31Cons.Number of employees
Employees99at 2025-03-31Cons.Number of employees
Employees96at 2024-03-31vCons.Number of employees
Employees92at 2023-03-31vCons.Number of employees
Employees98at 2022-03-31vCons.Number of employees
Revenue¥624m2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥960m2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥941m2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥1.6bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥1.3bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income−¥609m2025-04-01 → 2026-03-31StandaloneOperating income
Operating income−¥401m2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income−¥331m2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income−¥285m2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income−¥62m2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥112m2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥382m2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax−¥339m2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax−¥304m2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income−¥341m2025-04-01 → 2026-03-31StandaloneProfit loss
Net income−¥306m2024-04-01 → 2025-03-31StandaloneProfit loss
Net income−¥205m2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income−¥297m2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income−¥541m2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥9.2bnat 2026-03-31StandaloneAssets
Total assets¥9.0bnat 2025-03-31StandaloneAssets
Total assets¥8.8bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥8.4bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥8.2bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥462mat 2026-03-31StandaloneLiabilities
Total liabilities¥368mat 2025-03-31StandaloneLiabilities
Net assets / equity¥8.7bnat 2026-03-31StandaloneNet assets
Net assets / equity¥8.6bnat 2025-03-31StandaloneNet assets
Net assets / equity¥8.4bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥7.9bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥7.5bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥2.1bnat 2026-03-31StandaloneCash and deposits
Cash and deposits¥2.3bnat 2025-03-31StandaloneCash and deposits
EPS (basic)¥-3.62025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-3.292024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-2.42023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-3.522022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-7.132021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
Net assets per share¥91.6at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥91.29at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥94.05at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥92.42at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥91.73at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio95.0%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio95.9%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio95.3%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio93.8%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio92.1%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
Shares issued95,147,891at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued94,802,891at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued89,013,591at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued85,141,191at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued82,270,891at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees30at 2026-03-31StandaloneNumber of employees
Employees28at 2025-03-31StandaloneNumber of employees
Employees26at 2024-03-31vStandaloneNumber of employees
Employees28at 2023-03-31vStandaloneNumber of employees
Employees31at 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 · 50
SegmentItemPeriodValue
Reconciling Itemsreconcilingcapex2025-04-01 → 2026-03-31¥7m
Reconciling Itemsreconcilingdepreciation2025-04-01 → 2026-03-31¥4m
Reconciling Itemsreconcilingsegment assetsat 2026-03-31¥8.7bn
Reconciling Itemsreconcilingsegment ordinary income2025-04-01 → 2026-03-31−¥634m
Medical Businessreportable segmentcapex2025-04-01 → 2026-03-31¥55m
Medical Businessreportable segmentdepreciation2025-04-01 → 2026-03-31¥46m
Medical Businessreportable segmentemployeesat 2026-03-317 pure
Medical Businessreportable segmentrevenue2025-04-01 → 2026-03-31¥281m
Medical Businessreportable segmentrevenue external2025-04-01 → 2026-03-31¥281m
Medical Businessreportable segmentsegment assetsat 2026-03-31¥282m
Medical Businessreportable segmentsegment ordinary income2025-04-01 → 2026-03-31−¥44m
Research Support Businessreportable segmentcapex2025-04-01 → 2026-03-31¥37m
Research Support Businessreportable segmentdepreciation2025-04-01 → 2026-03-31¥22m
Research Support Businessreportable segmentemployeesat 2026-03-3170 pure
Research Support Businessreportable segmentrevenue2025-04-01 → 2026-03-31¥2.0bn
Research Support Businessreportable segmentrevenue external2025-04-01 → 2026-03-31¥2.0bn
Research Support Businessreportable segmentsegment assetsat 2026-03-31¥632m
Research Support Businessreportable segmentsegment ordinary income2025-04-01 → 2026-03-31¥97m
—segment totalcapex2025-04-01 → 2026-03-31¥92m
—segment totaldepreciation2025-04-01 → 2026-03-31¥69m
—segment totalemployeesat 2026-03-3177 pure
—segment totalrevenue2025-04-01 → 2026-03-31¥2.2bn
—segment totalrevenue external2025-04-01 → 2026-03-31¥2.2bn
—segment totalsegment assetsat 2026-03-31¥914m
—segment totalsegment ordinary income2025-04-01 → 2026-03-31¥53m
Reconciling Itemsreconcilingcapex2024-04-01 → 2025-03-31¥5m
Reconciling Itemsreconcilingdepreciation2024-04-01 → 2025-03-31¥3m
Reconciling Itemsreconcilingsegment assetsat 2025-03-31¥8.7bn
Reconciling Itemsreconcilingsegment ordinary income2024-04-01 → 2025-03-31−¥735m
Medical Businessreportable segmentcapex2024-04-01 → 2025-03-31¥76m
Medical Businessreportable segmentdepreciation2024-04-01 → 2025-03-31¥25m
Medical Businessreportable segmentrevenue2024-04-01 → 2025-03-31¥564m
Medical Businessreportable segmentrevenue external2024-04-01 → 2025-03-31¥564m
Medical Businessreportable segmentsegment assetsat 2025-03-31¥363m
Medical Businessreportable segmentsegment ordinary income2024-04-01 → 2025-03-31¥159m
Research Support Businessreportable segmentcapex2024-04-01 → 2025-03-31¥16m
Research Support Businessreportable segmentdepreciation2024-04-01 → 2025-03-31¥20m
Research Support Businessreportable segmentrevenue2024-04-01 → 2025-03-31¥2.4bn
Research Support Businessreportable segmentrevenue external2024-04-01 → 2025-03-31¥2.4bn
Research Support Businessreportable segmentsegment assetsat 2025-03-31¥646m
Research Support Businessreportable segmentsegment ordinary income2024-04-01 → 2025-03-31¥621m
—segment totalcapex2024-04-01 → 2025-03-31¥91m
—segment totaldepreciation2024-04-01 → 2025-03-31¥45m
—segment totalrevenue2024-04-01 → 2025-03-31¥3.0bn
—segment totalrevenue external2024-04-01 → 2025-03-31¥3.0bn
—segment totalsegment assetsat 2025-03-31¥1.0bn
—segment totalsegment ordinary income2024-04-01 → 2025-03-31¥780m
Medical Businessreportable segmentemployeesat 2026-03-317 pure
Research Support Businessreportable segmentemployeesat 2026-03-3116 pure
—segment totalemployeesat 2026-03-3123 pure

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

All source rows · 1,391
ItemContextValueUnit
Independent auditors report consolidated (text)FilingDateInstantText · Plus
Audit firm1 consolidatedFilingDateInstant
Original text (Japanese)監査法人Bloom
Cpa1 audit firm1 consolidatedFilingDateInstant
Original text (Japanese)片岡 久依
Cpa2 audit firm1 consolidatedFilingDateInstant
Original text (Japanese)中塚  亨 
Audit opinion consolidated (text)FilingDateInstantText · Plus
Key audit matters consolidated (text)FilingDateInstantText · Plus
Overview kam consolidated (text)FilingDateInstantText · Plus
Short description kam consolidatedFilingDateInstant_Row1Member
Original text (Japanese)有形固定資産及び無形固定資産の減損に関する判断の妥当性
Description including reason kam consolidated (text)FilingDateInstant_Row1MemberText · Plus
Reference kam consolidatedFilingDateInstant_Row1Member
Original text (Japanese)注記事項(重要な会計上の見積り)
Auditors response kam consolidated (text)FilingDateInstant_Row1MemberText · Plus
Other information consolidated (text)FilingDateInstantText · Plus
Fee related information consolidated (text)FilingDateInstantText · Plus
Independent auditors report non consolidated (text)FilingDateInstantText · Plus
Audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)監査法人Bloom
Cpa1 audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)片岡 久依
Cpa2 audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)中塚  亨
Audit opinion non consolidated (text)FilingDateInstantText · Plus
Key audit matters non consolidated (text)FilingDateInstantText · Plus
Overview kam non consolidated (text)FilingDateInstantText · Plus
Short description kam non consolidatedFilingDateInstant_Row1Member
Original text (Japanese)関係会社投融資の評価の妥当性
Description including reason kam non consolidated (text)FilingDateInstant_Row1MemberText · Plus
Reference kam non consolidatedFilingDateInstant_Row1Member
Original text (Japanese)財務諸表の注記事項(重要な会計上の見積り)
Auditors response kam non consolidated (text)FilingDateInstant_Row1MemberText · Plus
Other information non consolidated (text)FilingDateInstantText · Plus
Fee related information non consolidated (text)FilingDateInstantText · Plus
Number of submissionFilingDateInstant1
Net sales (5-year summary)Prior4YearDuration2234568000JPY
Net sales (5-year summary)Prior3YearDuration2953272000JPY
Net sales (5-year summary)Prior2YearDuration2426817000JPY
Net sales (5-year summary)Prior1YearDuration2978627000JPY
Net sales (5-year summary)CurrentYearDuration2233519000JPY
Ordinary income loss (5-year summary)Prior4YearDuration-507409000JPY
Ordinary income loss (5-year summary)Prior3YearDuration-119670000JPY
Ordinary income loss (5-year summary)Prior2YearDuration40191000JPY
Ordinary income loss (5-year summary)Prior1YearDuration45053000JPY
Ordinary income loss (5-year summary)CurrentYearDuration-581333000JPY
Profit loss attributable to owners of parent (5-year summary)Prior4YearDuration-575094000JPY
Profit loss attributable to owners of parent (5-year summary)Prior3YearDuration-305313000JPY
Profit loss attributable to owners of parent (5-year summary)Prior2YearDuration-31415000JPY
Profit loss attributable to owners of parent (5-year summary)Prior1YearDuration103245000JPY
Profit loss attributable to owners of parent (5-year summary)CurrentYearDuration-591693000JPY
Comprehensive income (5-year summary)Prior4YearDuration-567820000JPY
Comprehensive income (5-year summary)Prior3YearDuration-287354000JPY
Comprehensive income (5-year summary)Prior2YearDuration136095000JPY
Comprehensive income (5-year summary)Prior1YearDuration-56682000JPY
Comprehensive income (5-year summary)CurrentYearDuration-200665000JPY
Net assets (5-year summary)Prior4YearInstant7250789000JPY
Net assets (5-year summary)Prior3YearInstant7575222000JPY
Net assets (5-year summary)Prior2YearInstant8311593000JPY

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