Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-19
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 146
MetricValuePeriodScopeSource row
Revenue¥12.1bn2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥11.2bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥9.4bn2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
Revenue¥10.0bn2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Revenue¥10.4bn2021-04-01 → 2022-03-31vCons.Net sales (5-year summary)
Operating income¥579m2025-04-01 → 2026-03-31Cons.Operating income
Operating income¥942m2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income¥614m2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income¥855m2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income−¥186m2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥426m2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥1.6bn2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥831m2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax¥858m2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)¥506m2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥912m2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥409m2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥45m2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥1.6bn2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥506m2025-04-01 → 2026-03-31Cons.Profit loss
Net income¥912m2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥18.1bnat 2026-03-31Cons.Assets
Total assets¥15.9bnat 2025-03-31Cons.Assets
Total assets¥16.0bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥16.2bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥14.6bnat 2022-03-31vCons.Total assets (5-year summary)
Total liabilities¥9.1bnat 2026-03-31Cons.Liabilities
Total liabilities¥7.5bnat 2025-03-31Cons.Liabilities
Net assets / equity¥8.9bnat 2026-03-31Cons.Net assets
Net assets / equity¥8.5bnat 2025-03-31Cons.Net assets
Net assets / equity¥7.5bnat 2024-03-31vCons.Net assets
Net assets / equity¥8.0bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥8.1bnat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥3.2bnat 2026-03-31Cons.Cash and deposits
Cash and deposits¥2.4bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥3.1bnat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥2.3bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥2.5bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥2.5bnat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥2.2bnat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥323m2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥1.6bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥452m2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥423m2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.7bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥534m2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥696m2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥634m2023-04-01 → 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−¥3.3bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥877m2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥1.1bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow¥144m2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥1.6bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥933m2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥36.222025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥64.042024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-28.72023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥3.182022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥124.892021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥124.682021-04-01 → 2022-03-31vCons.Diluted earnings per share (5-year summary)
Net assets per share¥642.18at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥594.38at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥525.59at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥561.67at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥568.24at 2022-03-31vCons.Net assets per share (5-year summary)
Equity ratio49.5%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio53.1%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio46.8%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio49.4%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio55.4%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
ROE5.8%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE11.4%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE0.6%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
ROE24.9%2021-04-01 → 2022-03-31vCons.Rate of return on equity (5-year summary)
Employees497at 2026-03-31Cons.Number of employees
Employees476at 2025-03-31Cons.Number of employees
Employees448at 2024-03-31vCons.Number of employees
Employees438at 2023-03-31vCons.Number of employees
Employees466at 2022-03-31vCons.Number of employees
Revenue¥10.3bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥9.8bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥8.1bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥8.4bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥9.6bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income−¥23m2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥489m2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥318m2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥752m2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income−¥504m2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥15m2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.9bn2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥309m2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥751m2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥219m2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥853m2024-04-01 → 2025-03-31StandaloneProfit loss
Net income−¥706m2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income−¥151m2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥1.7bn2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥16.1bnat 2026-03-31StandaloneAssets
Total assets¥14.8bnat 2025-03-31StandaloneAssets
Total assets¥14.9bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥15.3bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥13.8bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥8.7bnat 2026-03-31StandaloneLiabilities
Total liabilities¥7.2bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥7.4bnat 2026-03-31StandaloneNet assets
Net assets / equity¥7.5bnat 2025-03-31StandaloneNet assets
Net assets / equity¥6.7bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥7.5bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥7.9bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥1.5bnat 2026-03-31StandaloneCash and deposits
Cash and deposits¥1.2bnat 2025-03-31StandaloneCash and deposits
EPS (basic)¥15.692025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥59.892024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-49.572023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-10.622022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥139.262021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥139.032021-04-01 → 2022-03-31vStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥102025-04-01 → 2026-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥102024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥102022-04-01 → 2023-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥152021-04-01 → 2022-03-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥534.52at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥528.68at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥468.79at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥528.38at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥554.03at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio46.1%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio50.9%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio44.9%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio49.3%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio57.0%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE2.9%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE12.0%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE28.8%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued14,451,920at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued14,451,920at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued14,451,920at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued14,451,920at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued14,451,920at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees393at 2026-03-31StandaloneNumber of employees
Employees388at 2025-03-31StandaloneNumber of employees
Employees371at 2024-03-31vStandaloneNumber of employees
Employees368at 2023-03-31vStandaloneNumber of employees
Employees317at 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 · 20
SegmentItemPeriodValue
Polishing Servicesreportable segmentrevenue2025-04-01 → 2026-03-31¥720m
Polishing Servicesreportable segmentrevenue external2025-04-01 → 2026-03-31¥720m
Polishing Servicesreportable segmentsegment profit2025-04-01 → 2026-03-31−¥348m
Productsreportable segmentrevenue2025-04-01 → 2026-03-31¥11.3bn
Productsreportable segmentrevenue external2025-04-01 → 2026-03-31¥11.3bn
Productsreportable segmentsegment profit2025-04-01 → 2026-03-31¥928m
—segment totalemployeesat 2026-03-31497 pure
—segment totalrevenue2025-04-01 → 2026-03-31¥12.1bn
—segment totalrevenue external2025-04-01 → 2026-03-31¥12.1bn
—segment totalsegment profit2025-04-01 → 2026-03-31¥579m
Polishing Servicesreportable segmentrevenue2024-04-01 → 2025-03-31¥1.2bn
Polishing Servicesreportable segmentrevenue external2024-04-01 → 2025-03-31¥1.2bn
Polishing Servicesreportable segmentsegment profit2024-04-01 → 2025-03-31−¥379m
Productsreportable segmentrevenue2024-04-01 → 2025-03-31¥10.0bn
Productsreportable segmentrevenue external2024-04-01 → 2025-03-31¥10.0bn
Productsreportable segmentsegment profit2024-04-01 → 2025-03-31¥1.3bn
—segment totalrevenue2024-04-01 → 2025-03-31¥11.2bn
—segment totalrevenue external2024-04-01 → 2025-03-31¥11.2bn
—segment totalsegment profit2024-04-01 → 2025-03-31¥942m
—segment totalemployeesat 2026-03-31393 pure

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

All source rows · 1,335
ItemContextValueUnit
Rent income ope cfCurrentYearDuration-112210000JPY
Interest expenses ope cfPrior1YearDuration71526000JPY
Interest expenses ope cfCurrentYearDuration91616000JPY
Commission fee ope cfPrior1YearDuration75798000JPY
Commission fee ope cfCurrentYearDuration4512000JPY
Loss gain on sales of noncurrent assets ope cfPrior1YearDuration-3380000JPY
Loss gain on sales of noncurrent assets ope cfCurrentYearDuration-5061000JPY
Loss on retirement of noncurrent assets ope cfPrior1YearDuration669000JPY
Loss on retirement of noncurrent assets ope cfCurrentYearDuration8468000JPY
Gain on negative goodwill ope cfPrior1YearDuration-JPY
Gain on negative goodwill ope cfCurrentYearDuration-218067000JPY
Loss gain on step acquisitions ope cfPrior1YearDuration-JPY
Loss gain on step acquisitions ope cfCurrentYearDuration-2596000JPY
Decrease increase in notes and accounts receivable trade ope cfPrior1YearDuration384009000JPY
Decrease increase in notes and accounts receivable trade ope cfCurrentYearDuration-203919000JPY
Decrease increase in inventories ope cfPrior1YearDuration-230615000JPY
Decrease increase in inventories ope cfCurrentYearDuration-510842000JPY
Decrease increase in accounts receivable other ope cfPrior1YearDuration-18333000JPY
Decrease increase in accounts receivable other ope cfCurrentYearDuration-115243000JPY
Increase decrease in notes and accounts payable trade ope cfPrior1YearDuration262267000JPY
Increase decrease in notes and accounts payable trade ope cfCurrentYearDuration-36371000JPY
Increase decrease in accounts payable other ope cfPrior1YearDuration-266327000JPY
Increase decrease in accounts payable other ope cfCurrentYearDuration6901000JPY
Increase decrease in advances received ope cfPrior1YearDuration-43570000JPY
Increase decrease in advances received ope cfCurrentYearDuration-2503000JPY
Other net ope cfPrior1YearDuration16740000JPY
Other net ope cfCurrentYearDuration63230000JPY
Subtotal ope cfPrior1YearDuration1662456000JPY
Subtotal ope cfCurrentYearDuration533231000JPY
Interest and dividends income received ope cf inv cfPrior1YearDuration40013000JPY
Interest and dividends income received ope cf inv cfCurrentYearDuration27420000JPY
Proceeds from rent income ope cfPrior1YearDuration165314000JPY
Proceeds from rent income ope cfCurrentYearDuration121527000JPY
Interest expenses paid ope cf fin cfPrior1YearDuration-72534000JPY
Interest expenses paid ope cf fin cfCurrentYearDuration-87346000JPY
Commission fee paid ope cfPrior1YearDuration-75798000JPY
Commission fee paid ope cfCurrentYearDuration-4512000JPY
Income taxes paid ope cfPrior1YearDuration-123013000JPY
Income taxes paid ope cfCurrentYearDuration-267789000JPY
Net cash provided by used in operating activitiesPrior1YearDuration1596438000JPY
Net cash provided by used in operating activitiesCurrentYearDuration322530000JPY
Payments into time deposits inv cfPrior1YearDuration-36381000JPY
Payments into time deposits inv cfCurrentYearDuration-4051000JPY
Proceeds from withdrawal of time deposits inv cfPrior1YearDuration140000000JPY
Proceeds from withdrawal of time deposits inv cfCurrentYearDuration36927000JPY
Purchase of property plant and equipment inv cfPrior1YearDuration-681323000JPY
Purchase of property plant and equipment inv cfCurrentYearDuration-583688000JPY
Proceeds from sales of property plant and equipment inv cfPrior1YearDuration3360000JPY
Proceeds from sales of property plant and equipment inv cfCurrentYearDuration14903000JPY
Purchase of intangible assets inv cfPrior1YearDuration-13641000JPY

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
balance sheet identityconsolidated 2026-03-31pass rounding
balance sheet identitynon_consolidated 2025-03-31pass
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