Annual report

Period2023-04-01 → 2024-03-31
Filed2024-06-26
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 142
MetricValuePeriodScopeSource row
Revenue¥9.4bn2023-04-01 → 2024-03-31Cons.Net sales
Revenue¥10.0bn2022-04-01 → 2023-03-31Cons.Net sales
Revenue¥10.4bn2021-04-01 → 2022-03-31dCons.Net sales (5-year summary)
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)
Operating income−¥442m2023-04-01 → 2024-03-31Cons.Operating income
Operating income¥213m2022-04-01 → 2023-03-31Cons.Operating income
Ordinary income−¥186m2023-04-01 → 2024-03-31Cons.Ordinary income
Ordinary income¥426m2022-04-01 → 2023-03-31Cons.Ordinary income
Ordinary income¥1.6bn2021-04-01 → 2022-03-31dCons.Ordinary income loss (5-year summary)
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)
Profit before tax−¥150m2023-04-01 → 2024-03-31Cons.Income before income taxes
Profit before tax¥430m2022-04-01 → 2023-03-31Cons.Income before income taxes
Net income (owners)−¥409m2023-04-01 → 2024-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥45m2022-04-01 → 2023-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥1.6bn2021-04-01 → 2022-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
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−¥409m2023-04-01 → 2024-03-31Cons.Profit loss
Net income¥45m2022-04-01 → 2023-03-31Cons.Profit loss
Total assets¥16.0bnat 2024-03-31Cons.Assets
Total assets¥16.2bnat 2023-03-31Cons.Assets
Total assets¥14.6bnat 2022-03-31dCons.Total assets (5-year summary)
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 liabilities¥8.5bnat 2024-03-31Cons.Liabilities
Total liabilities¥8.2bnat 2023-03-31Cons.Liabilities
Net assets / equity¥7.5bnat 2024-03-31Cons.Net assets
Net assets / equity¥8.0bnat 2023-03-31Cons.Net assets
Net assets / equity¥8.1bnat 2022-03-31dCons.Net assets
Net assets / equity¥4.4bnat 2021-03-31dCons.Net assets (5-year summary)
Net assets / equity¥4.1bnat 2020-03-31dCons.Net assets (5-year summary)
Cash and deposits¥2.7bnat 2024-03-31Cons.Cash and deposits
Cash and deposits¥2.6bnat 2023-03-31Cons.Cash and deposits
Cash & equivalents¥2.5bnat 2024-03-31Cons.Cash and cash equivalents
Cash & equivalents¥2.5bnat 2023-03-31Cons.Cash and cash equivalents
Cash & equivalents¥2.2bnat 2022-03-31dCons.Cash and cash equivalents
Cash & equivalents¥2.9bnat 2021-03-31dCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥2.6bnat 2020-03-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥452m2023-04-01 → 2024-03-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥423m2022-04-01 → 2023-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥1.7bn2021-04-01 → 2022-03-31dCons.Net cash provided by used in operating activities (5-year summary)
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)
Investing cash flow−¥634m2023-04-01 → 2024-03-31Cons.Net cash provided by used in investment activities
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 → 2022-03-31dCons.Net cash provided by used in investing activities (5-year summary)
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)
Financing cash flow¥144m2023-04-01 → 2024-03-31Cons.Net cash provided by used in financing activities
Financing cash flow¥1.6bn2022-04-01 → 2023-03-31Cons.Net cash provided by used in financing activities
Financing cash flow¥933m2021-04-01 → 2022-03-31dCons.Net cash provided by used in financing activities (5-year summary)
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)
EPS (basic)¥-28.72023-04-01 → 2024-03-31Cons.Basic earnings loss per share (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 → 2022-03-31dCons.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 (diluted)¥124.682021-04-01 → 2022-03-31dCons.Diluted earnings per share (5-year summary)
Net assets per share¥525.59at 2024-03-31Cons.Net assets 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 2022-03-31dCons.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)
Equity ratio46.8%at 2024-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio49.4%at 2023-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio55.4%at 2022-03-31dCons.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)
ROE0.6%2022-04-01 → 2023-03-31Cons.Rate of return on equity (5-year summary)
ROE24.9%2021-04-01 → 2022-03-31dCons.Rate of return on equity (5-year summary)
ROE2.1%2020-04-01 → 2021-03-31dCons.Rate of return on equity (5-year summary)
Employees448at 2024-03-31Cons.Number of employees
Employees438at 2023-03-31Cons.Number of employees
Employees466at 2022-03-31dCons.Number of employees
Employees416at 2021-03-31dCons.Number of employees
Employees435at 2020-03-31dCons.Number of employees
Revenue¥8.1bn2023-04-01 → 2024-03-31StandaloneNet sales
Revenue¥8.4bn2022-04-01 → 2023-03-31StandaloneNet sales
Revenue¥9.6bn2021-04-01 → 2022-03-31dStandaloneNet sales (5-year summary)
Revenue¥6.5bn2020-04-01 → 2021-03-31dStandaloneNet sales (5-year summary)
Revenue¥4.8bn2019-04-01 → 2020-03-31dStandaloneNet sales (5-year summary)
Operating income−¥994m2023-04-01 → 2024-03-31StandaloneOperating income
Operating income−¥403m2022-04-01 → 2023-03-31StandaloneOperating income
Ordinary income−¥504m2023-04-01 → 2024-03-31StandaloneOrdinary income
Ordinary income¥15m2022-04-01 → 2023-03-31StandaloneOrdinary income
Ordinary income¥1.9bn2021-04-01 → 2022-03-31dStandaloneOrdinary income loss (5-year summary)
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)
Profit before tax−¥515m2023-04-01 → 2024-03-31StandaloneIncome before income taxes
Profit before tax¥13m2022-04-01 → 2023-03-31StandaloneIncome before income taxes
Net income−¥706m2023-04-01 → 2024-03-31StandaloneProfit loss
Net income−¥151m2022-04-01 → 2023-03-31StandaloneProfit loss
Net income¥1.7bn2021-04-01 → 2022-03-31dStandaloneNet income loss (5-year summary)
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)
Total assets¥14.9bnat 2024-03-31StandaloneAssets
Total assets¥15.3bnat 2023-03-31StandaloneAssets
Total assets¥13.8bnat 2022-03-31dStandaloneTotal assets (5-year summary)
Total assets¥11.2bnat 2021-03-31dStandaloneTotal assets (5-year summary)
Total assets¥10.4bnat 2020-03-31dStandaloneTotal assets (5-year summary)
Total liabilities¥8.2bnat 2024-03-31StandaloneLiabilities
Total liabilities¥7.7bnat 2023-03-31StandaloneLiabilities
Net assets / equity¥6.7bnat 2024-03-31StandaloneNet assets
Net assets / equity¥7.5bnat 2023-03-31StandaloneNet assets
Net assets / equity¥7.9bnat 2022-03-31dStandaloneNet assets
Net assets / equity¥4.1bnat 2021-03-31dStandaloneNet assets (5-year summary)
Net assets / equity¥4.0bnat 2020-03-31dStandaloneNet assets (5-year summary)
Cash and deposits¥1.4bnat 2024-03-31StandaloneCash and deposits
Cash and deposits¥1.7bnat 2023-03-31StandaloneCash and deposits
EPS (basic)¥-49.572023-04-01 → 2024-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-10.622022-04-01 → 2023-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥139.262021-04-01 → 2022-03-31dStandaloneBasic 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 (diluted)¥139.032021-04-01 → 2022-03-31dStandaloneDiluted 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 → 2022-03-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥468.79at 2024-03-31StandaloneNet assets 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 2022-03-31dStandaloneNet 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)
Equity ratio44.9%at 2024-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio49.3%at 2023-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio57.0%at 2022-03-31dStandaloneEquity 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)
ROE28.8%2021-04-01 → 2022-03-31dStandaloneRate 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 2024-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued14,451,920at 2023-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued14,451,920at 2022-03-31dStandaloneTotal 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)
Employees371at 2024-03-31StandaloneNumber of employees
Employees368at 2023-03-31StandaloneNumber of employees
Employees317at 2022-03-31dStandaloneNumber of employees
Employees149at 2021-03-31dStandaloneNumber of employees
Employees148at 2020-03-31dStandaloneNumber 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 segmentrevenue2023-04-01 → 2024-03-31¥1.7bn
Polishing Servicesreportable segmentrevenue external2023-04-01 → 2024-03-31¥1.7bn
Polishing Servicesreportable segmentsegment profit2023-04-01 → 2024-03-31−¥366m
Productsreportable segmentrevenue2023-04-01 → 2024-03-31¥7.6bn
Productsreportable segmentrevenue external2023-04-01 → 2024-03-31¥7.6bn
Productsreportable segmentsegment profit2023-04-01 → 2024-03-31−¥76m
—segment totalemployeesat 2024-03-31448 pure
—segment totalrevenue2023-04-01 → 2024-03-31¥9.4bn
—segment totalrevenue external2023-04-01 → 2024-03-31¥9.4bn
—segment totalsegment profit2023-04-01 → 2024-03-31−¥442m
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 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
—segment totalemployeesat 2024-03-31371 pure

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

All source rows · 1,331
ItemContextValueUnit
Cash and cash equivalents (5-year summary)Prior2YearInstant2234708000JPY
Cash and cash equivalents (5-year summary)Prior1YearInstant2452960000JPY
Cash and cash equivalents (5-year summary)CurrentYearInstant2494032000JPY
Number of employeesPrior4YearInstant435
Number of employeesPrior3YearInstant416
Number of employeesPrior2YearInstant466
Number of employeesPrior1YearInstant438
Number of employeesCurrentYearInstant448
Net sales (5-year summary)Prior4YearDuration_NonConsolidatedMember4809687000JPY
Net sales (5-year summary)Prior3YearDuration_NonConsolidatedMember6488318000JPY
Net sales (5-year summary)Prior2YearDuration_NonConsolidatedMember9550748000JPY
Net sales (5-year summary)Prior1YearDuration_NonConsolidatedMember8401660000JPY
Net sales (5-year summary)CurrentYearDuration_NonConsolidatedMember8068222000JPY
Ordinary income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember-202059000JPY
Ordinary income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember296171000JPY
Ordinary income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember1892877000JPY
Ordinary income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember15183000JPY
Ordinary income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember-503706000JPY
Net income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember-217845000JPY
Net income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember117067000JPY
Net income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember1728646000JPY
Net income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember-151283000JPY
Net income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember-705889000JPY
Capital stock (5-year summary)Prior4YearInstant_NonConsolidatedMember2365898000JPY
Capital stock (5-year summary)Prior3YearInstant_NonConsolidatedMember2365898000JPY
Capital stock (5-year summary)Prior2YearInstant_NonConsolidatedMember3379569000JPY
Capital stock (5-year summary)Prior1YearInstant_NonConsolidatedMember3379569000JPY
Capital stock (5-year summary)CurrentYearInstant_NonConsolidatedMember3379569000JPY
Total number of issued shares (5-year summary)Prior4YearInstant_NonConsolidatedMember12081920
Total number of issued shares (5-year summary)Prior3YearInstant_NonConsolidatedMember12081920
Total number of issued shares (5-year summary)Prior2YearInstant_NonConsolidatedMember14451920
Total number of issued shares (5-year summary)Prior1YearInstant_NonConsolidatedMember14451920
Total number of issued shares (5-year summary)CurrentYearInstant_NonConsolidatedMember14451920
Net assets (5-year summary)Prior4YearInstant_NonConsolidatedMember3990255000JPY
Net assets (5-year summary)Prior3YearInstant_NonConsolidatedMember4133136000JPY
Net assets (5-year summary)Prior2YearInstant_NonConsolidatedMember7889004000JPY
Net assets (5-year summary)Prior1YearInstant_NonConsolidatedMember7523770000JPY
Net assets (5-year summary)CurrentYearInstant_NonConsolidatedMember6675204000JPY
Total assets (5-year summary)Prior4YearInstant_NonConsolidatedMember10385168000JPY
Total assets (5-year summary)Prior3YearInstant_NonConsolidatedMember11183546000JPY
Total assets (5-year summary)Prior2YearInstant_NonConsolidatedMember13839589000JPY
Total assets (5-year summary)Prior1YearInstant_NonConsolidatedMember15266048000JPY
Total assets (5-year summary)CurrentYearInstant_NonConsolidatedMember14850587000JPY
Net assets per share (5-year summary)Prior4YearInstant_NonConsolidatedMember338.15
Net assets per share (5-year summary)Prior3YearInstant_NonConsolidatedMember348.22
Net assets per share (5-year summary)Prior2YearInstant_NonConsolidatedMember554.03
Net assets per share (5-year summary)Prior1YearInstant_NonConsolidatedMember528.38
Net assets per share (5-year summary)CurrentYearInstant_NonConsolidatedMember468.79
Dividend paid per share (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Dividend paid per share (5-year summary)Prior3YearDuration_NonConsolidatedMember-

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 2023-03-31pass rounding
balance sheet identityconsolidated 2024-03-31pass
balance sheet identitynon_consolidated 2023-03-31pass
balance sheet identitynon_consolidated 2024-03-31pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2022-03-31pass
statement vs summary · net assetsconsolidated 2023-03-31pass
statement vs summary · net assetsconsolidated 2024-03-31pass
statement vs summary · net assetsnon_consolidated 2022-03-31pass
statement vs summary · net assetsnon_consolidated 2023-03-31pass
statement vs summary · net assetsnon_consolidated 2024-03-31pass
statement vs summary · net income attributable to parentconsolidated 2022-04-01/2023-03-31pass
statement vs summary · net income attributable to parentconsolidated 2023-04-01/2024-03-31pass
statement vs summary · operating cash flowconsolidated 2022-04-01/2023-03-31pass
statement vs summary · operating cash flowconsolidated 2023-04-01/2024-03-31pass
statement vs summary · revenueconsolidated 2022-04-01/2023-03-31pass
statement vs summary · revenueconsolidated 2023-04-01/2024-03-31pass
statement vs summary · revenuenon_consolidated 2022-04-01/2023-03-31pass
statement vs summary · revenuenon_consolidated 2023-04-01/2024-03-31pass
statement vs summary · total assetsconsolidated 2023-03-31pass
statement vs summary · total assetsconsolidated 2024-03-31pass
statement vs summary · total assetsnon_consolidated 2023-03-31pass
statement vs summary · total assetsnon_consolidated 2024-03-31pass