Annual report

Period2022-04-01 → 2023-03-31
Filed2023-06-28
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 143
MetricValuePeriodScopeSource row
Revenue¥10.0bn2022-04-01 → 2023-03-31Cons.Net sales
Revenue¥10.4bn2021-04-01 → 2022-03-31Cons.Net sales
Revenue¥7.4bn2020-04-01 → 2021-03-31dCons.Net sales (5-year summary)
Revenue¥7.3bn2019-04-01 → 2020-03-31dCons.Net sales (5-year summary)
Revenue¥7.6bn2018-04-01 → 2019-03-31dCons.Net sales (5-year summary)
Operating income¥213m2022-04-01 → 2023-03-31Cons.Operating income
Operating income¥1.5bn2021-04-01 → 2022-03-31Cons.Operating income
Ordinary income¥426m2022-04-01 → 2023-03-31Cons.Ordinary income
Ordinary income¥1.6bn2021-04-01 → 2022-03-31Cons.Ordinary income
Ordinary income¥301m2020-04-01 → 2021-03-31dCons.Ordinary income loss (5-year summary)
Ordinary income−¥166m2019-04-01 → 2020-03-31dCons.Ordinary income loss (5-year summary)
Ordinary income−¥254m2018-04-01 → 2019-03-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥430m2022-04-01 → 2023-03-31Cons.Income before income taxes
Profit before tax¥1.4bn2021-04-01 → 2022-03-31Cons.Income before income taxes
Net income (owners)¥45m2022-04-01 → 2023-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥1.6bn2021-04-01 → 2022-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥87m2020-04-01 → 2021-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥79m2019-04-01 → 2020-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥967m2018-04-01 → 2019-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥45m2022-04-01 → 2023-03-31Cons.Profit loss
Net income¥1.6bn2021-04-01 → 2022-03-31Cons.Profit loss
Total assets¥16.2bnat 2023-03-31Cons.Assets
Total assets¥14.6bnat 2022-03-31Cons.Assets
Total assets¥11.3bnat 2021-03-31dCons.Total assets (5-year summary)
Total assets¥11.0bnat 2020-03-31dCons.Total assets (5-year summary)
Total assets¥12.6bnat 2019-03-31dCons.Total assets (5-year summary)
Total liabilities¥8.2bnat 2023-03-31Cons.Liabilities
Total liabilities¥6.5bnat 2022-03-31Cons.Liabilities
Net assets / equity¥8.0bnat 2023-03-31Cons.Net assets
Net assets / equity¥8.1bnat 2022-03-31Cons.Net assets
Net assets / equity¥4.4bnat 2021-03-31dCons.Net assets
Net assets / equity¥4.1bnat 2020-03-31dCons.Net assets (5-year summary)
Net assets / equity¥4.5bnat 2019-03-31dCons.Net assets (5-year summary)
Cash and deposits¥2.6bnat 2023-03-31Cons.Cash and deposits
Cash and deposits¥2.4bnat 2022-03-31Cons.Cash and deposits
Cash & equivalents¥2.5bnat 2023-03-31Cons.Cash and cash equivalents
Cash & equivalents¥2.2bnat 2022-03-31Cons.Cash and cash equivalents
Cash & equivalents¥2.9bnat 2021-03-31dCons.Cash and cash equivalents
Cash & equivalents¥2.6bnat 2020-03-31dCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥3.6bnat 2019-03-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow−¥423m2022-04-01 → 2023-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥1.7bn2021-04-01 → 2022-03-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥114m2020-04-01 → 2021-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥673m2019-04-01 → 2020-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥45m2018-04-01 → 2019-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥1.1bn2022-04-01 → 2023-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥3.3bn2021-04-01 → 2022-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥225m2020-04-01 → 2021-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥156m2019-04-01 → 2020-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥246m2018-04-01 → 2019-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥1.6bn2022-04-01 → 2023-03-31Cons.Net cash provided by used in financing activities
Financing cash flow¥933m2021-04-01 → 2022-03-31Cons.Net cash provided by used in financing activities
Financing cash flow¥575m2020-04-01 → 2021-03-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥1.5bn2019-04-01 → 2020-03-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥1.0bn2018-04-01 → 2019-03-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥3.182022-04-01 → 2023-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥124.892021-04-01 → 2022-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥7.352020-04-01 → 2021-03-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-6.672019-04-01 → 2020-03-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-83.742018-04-01 → 2019-03-31dCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥124.682021-04-01 → 2022-03-31Cons.Diluted earnings per share (5-year summary)
Net assets per share¥561.67at 2023-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥568.24at 2022-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥368.41at 2021-03-31dCons.Net assets per share (5-year summary)
Net assets per share¥348.09at 2020-03-31dCons.Net assets per share (5-year summary)
Net assets per share¥377.88at 2019-03-31dCons.Net assets per share (5-year summary)
Equity ratio49.4%at 2023-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio55.4%at 2022-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio38.7%at 2021-03-31dCons.Equity to asset ratio (5-year summary)
Equity ratio37.2%at 2020-03-31dCons.Equity to asset ratio (5-year summary)
Equity ratio35.5%at 2019-03-31dCons.Equity to asset ratio (5-year summary)
ROE0.6%2022-04-01 → 2023-03-31Cons.Rate of return on equity (5-year summary)
ROE24.9%2021-04-01 → 2022-03-31Cons.Rate of return on equity (5-year summary)
ROE2.1%2020-04-01 → 2021-03-31dCons.Rate of return on equity (5-year summary)
Employees438at 2023-03-31Cons.Number of employees
Employees466at 2022-03-31Cons.Number of employees
Employees416at 2021-03-31dCons.Number of employees
Employees435at 2020-03-31dCons.Number of employees
Employees409at 2019-03-31dCons.Number of employees
Revenue¥8.4bn2022-04-01 → 2023-03-31StandaloneNet sales
Revenue¥9.6bn2021-04-01 → 2022-03-31StandaloneNet sales
Revenue¥6.5bn2020-04-01 → 2021-03-31dStandaloneNet sales (5-year summary)
Revenue¥4.8bn2019-04-01 → 2020-03-31dStandaloneNet sales (5-year summary)
Revenue¥3.8bn2018-04-01 → 2019-03-31dStandaloneNet sales (5-year summary)
Operating income−¥403m2022-04-01 → 2023-03-31StandaloneOperating income
Operating income¥1.4bn2021-04-01 → 2022-03-31StandaloneOperating income
Ordinary income¥15m2022-04-01 → 2023-03-31StandaloneOrdinary income
Ordinary income¥1.9bn2021-04-01 → 2022-03-31StandaloneOrdinary income
Ordinary income¥296m2020-04-01 → 2021-03-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥202m2019-04-01 → 2020-03-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥174m2018-04-01 → 2019-03-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥13m2022-04-01 → 2023-03-31StandaloneIncome before income taxes
Profit before tax¥1.7bn2021-04-01 → 2022-03-31StandaloneIncome before income taxes
Net income−¥151m2022-04-01 → 2023-03-31StandaloneProfit loss
Net income¥1.7bn2021-04-01 → 2022-03-31StandaloneProfit loss
Net income¥117m2020-04-01 → 2021-03-31dStandaloneNet income loss (5-year summary)
Net income−¥218m2019-04-01 → 2020-03-31dStandaloneNet income loss (5-year summary)
Net income−¥259m2018-04-01 → 2019-03-31dStandaloneNet income loss (5-year summary)
Total assets¥15.3bnat 2023-03-31StandaloneAssets
Total assets¥13.8bnat 2022-03-31StandaloneAssets
Total assets¥11.2bnat 2021-03-31dStandaloneTotal assets (5-year summary)
Total assets¥10.4bnat 2020-03-31dStandaloneTotal assets (5-year summary)
Total assets¥11.0bnat 2019-03-31dStandaloneTotal assets (5-year summary)
Total liabilities¥7.7bnat 2023-03-31StandaloneLiabilities
Total liabilities¥6.0bnat 2022-03-31StandaloneLiabilities
Net assets / equity¥7.5bnat 2023-03-31StandaloneNet assets
Net assets / equity¥7.9bnat 2022-03-31StandaloneNet assets
Net assets / equity¥4.1bnat 2021-03-31dStandaloneNet assets
Net assets / equity¥4.0bnat 2020-03-31dStandaloneNet assets (5-year summary)
Net assets / equity¥4.3bnat 2019-03-31dStandaloneNet assets (5-year summary)
Cash and deposits¥1.7bnat 2023-03-31StandaloneCash and deposits
Cash and deposits¥1.2bnat 2022-03-31StandaloneCash and deposits
EPS (basic)¥-10.622022-04-01 → 2023-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥139.262021-04-01 → 2022-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥9.882020-04-01 → 2021-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-18.452019-04-01 → 2020-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-22.382018-04-01 → 2019-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥139.032021-04-01 → 2022-03-31StandaloneDiluted earnings per share (5-year summary)
Dividend per share¥102022-04-01 → 2023-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥152021-04-01 → 2022-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥102018-04-01 → 2019-03-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥528.38at 2023-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥554.03at 2022-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥348.22at 2021-03-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥338.15at 2020-03-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥366.41at 2019-03-31dStandaloneNet assets per share (5-year summary)
Equity ratio49.3%at 2023-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio57.0%at 2022-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio37.0%at 2021-03-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio38.4%at 2020-03-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio39.4%at 2019-03-31dStandaloneEquity to asset ratio (5-year summary)
ROE28.8%2021-04-01 → 2022-03-31StandaloneRate of return on equity (5-year summary)
ROE2.9%2020-04-01 → 2021-03-31dStandaloneRate of return on equity (5-year summary)
Shares issued14,451,920at 2023-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued14,451,920at 2022-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued12,081,920at 2021-03-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued12,081,920at 2020-03-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued12,081,920at 2019-03-31dStandaloneTotal number of issued shares (5-year summary)
Employees368at 2023-03-31StandaloneNumber of employees
Employees317at 2022-03-31StandaloneNumber of employees
Employees149at 2021-03-31dStandaloneNumber of employees
Employees148at 2020-03-31dStandaloneNumber of employees
Employees144at 2019-03-31dStandaloneNumber 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 · 20
SegmentItemPeriodValue
Polishing Servicesreportable segmentrevenue2022-04-01 → 2023-03-31¥2.1bn
Polishing Servicesreportable segmentrevenue external2022-04-01 → 2023-03-31¥2.1bn
Polishing Servicesreportable segmentsegment profit2022-04-01 → 2023-03-31−¥540m
Productsreportable segmentrevenue2022-04-01 → 2023-03-31¥7.9bn
Productsreportable segmentrevenue external2022-04-01 → 2023-03-31¥7.9bn
Productsreportable segmentsegment profit2022-04-01 → 2023-03-31¥753m
—segment totalemployeesat 2023-03-31438 pure
—segment totalrevenue2022-04-01 → 2023-03-31¥10.0bn
—segment totalrevenue external2022-04-01 → 2023-03-31¥10.0bn
—segment totalsegment profit2022-04-01 → 2023-03-31¥213m
Polishing Servicesreportable segmentrevenue2021-04-01 → 2022-03-31¥2.9bn
Polishing Servicesreportable segmentrevenue external2021-04-01 → 2022-03-31¥2.9bn
Polishing Servicesreportable segmentsegment profit2021-04-01 → 2022-03-31¥582m
Productsreportable segmentrevenue2021-04-01 → 2022-03-31¥7.6bn
Productsreportable segmentrevenue external2021-04-01 → 2022-03-31¥7.6bn
Productsreportable segmentsegment profit2021-04-01 → 2022-03-31¥885m
—segment totalrevenue2021-04-01 → 2022-03-31¥10.4bn
—segment totalrevenue external2021-04-01 → 2022-03-31¥10.4bn
—segment totalsegment profit2021-04-01 → 2022-03-31¥1.5bn
—segment totalemployeesat 2023-03-31368 pure

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

All source rows · 1,318
ItemContextValueUnit
Total changes of items during the periodCurrentYearDuration_ForeignCurrencyTranslationAdjustmentMember75119000JPY
Total changes of items during the periodCurrentYearDuration_ValuationAndTranslationAdjustmentsMember75119000JPY
Total changes of items during the periodCurrentYearDuration-93536000JPY
Net assetsCurrentYearInstant_ForeignCurrencyTranslationAdjustmentMember259903000JPY
Net assetsCurrentYearInstant_ValuationAndTranslationAdjustmentsMember259903000JPY
Net assetsCurrentYearInstant7997750000JPY
Income before income taxesPrior1YearDuration1419446000JPY
Income before income taxesCurrentYearDuration429536000JPY
Depreciation and amortization ope cfPrior1YearDuration329214000JPY
Depreciation and amortization ope cfCurrentYearDuration527508000JPY
Amortization of goodwill ope cfPrior1YearDuration8997000JPY
Amortization of goodwill ope cfCurrentYearDuration18495000JPY
Impairment loss ope cfPrior1YearDuration82241000JPY
Impairment loss ope cfCurrentYearDuration-JPY
Increase decrease in allowance for doubtful accounts ope cfPrior1YearDuration-1757000JPY
Increase decrease in allowance for doubtful accounts ope cfCurrentYearDuration-64000JPY
Increase decrease in provision for bonuses ope cfPrior1YearDuration99873000JPY
Increase decrease in provision for bonuses ope cfCurrentYearDuration-83018000JPY
Increase decrease in net defined benefit asset ope cfPrior1YearDuration-9260000JPY
Increase decrease in net defined benefit asset ope cfCurrentYearDuration11332000JPY
Increase decrease in provision for loss on liquidation of subsidiaries and affiliates ope cfPrior1YearDuration71312000JPY
Increase decrease in provision for loss on liquidation of subsidiaries and affiliates ope cfCurrentYearDuration-87775000JPY
Interest and dividends income ope cfPrior1YearDuration-5550000JPY
Interest and dividends income ope cfCurrentYearDuration-7862000JPY
Rent income ope cfPrior1YearDuration-JPY
Rent income ope cfCurrentYearDuration-165612000JPY
Interest expenses ope cfPrior1YearDuration50394000JPY
Interest expenses ope cfCurrentYearDuration69438000JPY
Commission fee ope cfPrior1YearDuration19080000JPY
Commission fee ope cfCurrentYearDuration65198000JPY
Loss gain on sales of noncurrent assets ope cfPrior1YearDuration137000JPY
Loss gain on sales of noncurrent assets ope cfCurrentYearDuration20054000JPY
Loss on retirement of noncurrent assets ope cfPrior1YearDuration40133000JPY
Loss on retirement of noncurrent assets ope cfCurrentYearDuration6386000JPY
Decrease increase in notes and accounts receivable trade ope cfPrior1YearDuration-158102000JPY
Decrease increase in notes and accounts receivable trade ope cfCurrentYearDuration-39354000JPY
Decrease increase in inventories ope cfPrior1YearDuration-325222000JPY
Decrease increase in inventories ope cfCurrentYearDuration-321406000JPY
Decrease increase in accounts receivable other ope cfPrior1YearDuration45248000JPY
Decrease increase in accounts receivable other ope cfCurrentYearDuration-171440000JPY
Increase decrease in notes and accounts payable trade ope cfPrior1YearDuration49307000JPY
Increase decrease in notes and accounts payable trade ope cfCurrentYearDuration-35889000JPY
Increase decrease in accounts payable other ope cfPrior1YearDuration-68345000JPY
Increase decrease in accounts payable other ope cfCurrentYearDuration178981000JPY
Increase decrease in advances received ope cfPrior1YearDuration1007000JPY
Increase decrease in advances received ope cfCurrentYearDuration-200290000JPY
Other net ope cfPrior1YearDuration154084000JPY
Other net ope cfCurrentYearDuration-263935000JPY
Subtotal ope cfPrior1YearDuration1802239000JPY
Subtotal ope cfCurrentYearDuration-49719000JPY

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 2022-03-31pass rounding
balance sheet identityconsolidated 2023-03-31pass rounding
balance sheet identitynon_consolidated 2022-03-31pass
balance sheet identitynon_consolidated 2023-03-31pass
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2021-03-31pass
statement vs summary · net assetsconsolidated 2022-03-31pass
statement vs summary · net assetsconsolidated 2023-03-31pass
statement vs summary · net assetsnon_consolidated 2021-03-31pass
statement vs summary · net assetsnon_consolidated 2022-03-31pass
statement vs summary · net assetsnon_consolidated 2023-03-31pass
statement vs summary · net income attributable to parentconsolidated 2021-04-01/2022-03-31pass
statement vs summary · net income attributable to parentconsolidated 2022-04-01/2023-03-31pass
statement vs summary · operating cash flowconsolidated 2021-04-01/2022-03-31pass
statement vs summary · operating cash flowconsolidated 2022-04-01/2023-03-31pass
statement vs summary · revenueconsolidated 2021-04-01/2022-03-31pass
statement vs summary · revenueconsolidated 2022-04-01/2023-03-31pass
statement vs summary · revenuenon_consolidated 2021-04-01/2022-03-31pass
statement vs summary · revenuenon_consolidated 2022-04-01/2023-03-31pass
statement vs summary · total assetsconsolidated 2022-03-31pass
statement vs summary · total assetsconsolidated 2023-03-31pass
statement vs summary · total assetsnon_consolidated 2022-03-31pass
statement vs summary · total assetsnon_consolidated 2023-03-31pass