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
Net cash provided by used in financing activities (5-year summary)Prior1YearDuration680110000JPY
Net cash provided by used in financing activities (5-year summary)CurrentYearDuration-JPY
Cash and cash equivalents (5-year summary)Prior4YearInstant2636976000JPY
Cash and cash equivalents (5-year summary)Prior3YearInstant1914569000JPY
Cash and cash equivalents (5-year summary)Prior2YearInstant2939057000JPY
Cash and cash equivalents (5-year summary)Prior1YearInstant2823367000JPY
Cash and cash equivalents (5-year summary)CurrentYearInstant2603703000JPY
Number of employeesPrior4YearInstant98
Number of employeesPrior3YearInstant92
Number of employeesPrior2YearInstant96
Number of employeesPrior1YearInstant99
Number of employeesCurrentYearInstant101
Average number of temporary workersPrior4YearInstant23
Average number of temporary workersPrior3YearInstant31
Average number of temporary workersPrior2YearInstant16
Average number of temporary workersPrior1YearInstant13
Average number of temporary workersCurrentYearInstant9
Net sales (5-year summary)Prior4YearDuration_NonConsolidatedMember1284256000JPY
Net sales (5-year summary)Prior3YearDuration_NonConsolidatedMember1550728000JPY
Net sales (5-year summary)Prior2YearDuration_NonConsolidatedMember941480000JPY
Net sales (5-year summary)Prior1YearDuration_NonConsolidatedMember960132000JPY
Net sales (5-year summary)CurrentYearDuration_NonConsolidatedMember623576000JPY
Ordinary income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember-381835000JPY
Ordinary income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember-111525000JPY
Ordinary income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember-61957000JPY
Ordinary income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember-284866000JPY
Ordinary income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember-331098000JPY
Net income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember-541272000JPY
Net income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember-296701000JPY
Net income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember-205222000JPY
Net income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember-305649000JPY
Net income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember-340768000JPY
Capital stock (5-year summary)Prior4YearInstant_NonConsolidatedMember1715318000JPY
Capital stock (5-year summary)Prior3YearInstant_NonConsolidatedMember2023770000JPY
Capital stock (5-year summary)Prior2YearInstant_NonConsolidatedMember2322198000JPY
Capital stock (5-year summary)Prior1YearInstant_NonConsolidatedMember2688926000JPY
Capital stock (5-year summary)CurrentYearInstant_NonConsolidatedMember2720149000JPY
Total number of issued shares (5-year summary)Prior4YearInstant_NonConsolidatedMember82270891
Total number of issued shares (5-year summary)Prior3YearInstant_NonConsolidatedMember85141191
Total number of issued shares (5-year summary)Prior2YearInstant_NonConsolidatedMember89013591
Total number of issued shares (5-year summary)Prior1YearInstant_NonConsolidatedMember94802891
Total number of issued shares (5-year summary)CurrentYearInstant_NonConsolidatedMember95147891
Net assets (5-year summary)Prior4YearInstant_NonConsolidatedMember7548937000JPY
Net assets (5-year summary)Prior3YearInstant_NonConsolidatedMember7865546000JPY
Net assets (5-year summary)Prior2YearInstant_NonConsolidatedMember8368607000JPY
Net assets (5-year summary)Prior1YearInstant_NonConsolidatedMember8643665000JPY
Net assets (5-year summary)CurrentYearInstant_NonConsolidatedMember8704452000JPY
Total assets (5-year summary)Prior4YearInstant_NonConsolidatedMember8189586000JPY
Total assets (5-year summary)Prior3YearInstant_NonConsolidatedMember8387295000JPY
Total assets (5-year summary)Prior2YearInstant_NonConsolidatedMember8776486000JPY

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