Annual report

Period2024-12-01 → 2025-11-30
Filed2026-02-25
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 151
MetricValuePeriodScopeSource row
Revenue¥50.9bn2024-12-01 → 2025-11-30Cons.Net sales
Revenue¥41.6bn2023-12-01 → 2024-11-30Cons.Net sales
Revenue¥37.0bn2022-12-01 → 2023-11-30vCons.Net sales (5-year summary)
Revenue¥38.8bn2021-12-01 → 2022-11-30vCons.Net sales (5-year summary)
Revenue¥29.5bn2020-12-01 → 2021-11-30dCons.Net sales (5-year summary)
Operating income¥2.0bn2024-12-01 → 2025-11-30Cons.Operating income
Operating income¥1.4bn2023-12-01 → 2024-11-30Cons.Operating income
Ordinary income¥1.7bn2024-12-01 → 2025-11-30Cons.Ordinary income
Ordinary income¥1.0bn2023-12-01 → 2024-11-30Cons.Ordinary income
Ordinary income¥1.1bn2022-12-01 → 2023-11-30vCons.Ordinary income loss (5-year summary)
Ordinary income¥2.2bn2021-12-01 → 2022-11-30vCons.Ordinary income loss (5-year summary)
Ordinary income¥1.6bn2020-12-01 → 2021-11-30dCons.Ordinary income loss (5-year summary)
Profit before tax¥1.7bn2024-12-01 → 2025-11-30Cons.Income before income taxes
Profit before tax¥1.0bn2023-12-01 → 2024-11-30Cons.Income before income taxes
Net income (owners)¥1.1bn2024-12-01 → 2025-11-30Cons.Profit loss attributable to owners of parent
Net income (owners)¥636m2023-12-01 → 2024-11-30Cons.Profit loss attributable to owners of parent
Net income (owners)¥662m2022-12-01 → 2023-11-30vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥1.4bn2021-12-01 → 2022-11-30vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥1.0bn2020-12-01 → 2021-11-30dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥1.1bn2024-12-01 → 2025-11-30Cons.Profit loss
Net income¥636m2023-12-01 → 2024-11-30Cons.Profit loss
Total assets¥43.6bnat 2025-11-30Cons.Assets
Total assets¥40.8bnat 2024-11-30Cons.Assets
Total assets¥38.1bnat 2023-11-30vCons.Total assets (5-year summary)
Total assets¥30.9bnat 2022-11-30vCons.Total assets (5-year summary)
Total assets¥25.9bnat 2021-11-30dCons.Total assets (5-year summary)
Total liabilities¥35.2bnat 2025-11-30Cons.Liabilities
Total liabilities¥33.3bnat 2024-11-30Cons.Liabilities
Net assets / equity¥8.4bnat 2025-11-30Cons.Net assets
Net assets / equity¥7.5bnat 2024-11-30Cons.Net assets
Net assets / equity¥7.1bnat 2023-11-30vCons.Net assets
Net assets / equity¥5.3bnat 2022-11-30vCons.Net assets (5-year summary)
Net assets / equity¥4.4bnat 2021-11-30dCons.Net assets (5-year summary)
Cash and deposits¥4.9bnat 2025-11-30Cons.Cash and deposits
Cash and deposits¥5.0bnat 2024-11-30Cons.Cash and deposits
Cash & equivalents¥4.3bnat 2025-11-30Cons.Cash and cash equivalents
Cash & equivalents¥4.3bnat 2024-11-30Cons.Cash and cash equivalents
Cash & equivalents¥5.1bnat 2023-11-30vCons.Cash and cash equivalents
Cash & equivalents¥5.7bnat 2022-11-30vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥4.9bnat 2021-11-30dCons.Cash and cash equivalents (5-year summary)
Operating cash flow−¥909m2024-12-01 → 2025-11-30Cons.Net cash provided by used in operating activities
Operating cash flow−¥3.0bn2023-12-01 → 2024-11-30Cons.Net cash provided by used in operating activities
Operating cash flow−¥7.0bn2022-12-01 → 2023-11-30vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥2.6bn2021-12-01 → 2022-11-30vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥2.8bn2020-12-01 → 2021-11-30dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥197m2024-12-01 → 2025-11-30Cons.Net cash provided by used in investment activities
Investing cash flow−¥56m2023-12-01 → 2024-11-30Cons.Net cash provided by used in investment activities
Investing cash flow−¥524m2022-12-01 → 2023-11-30vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥564m2021-12-01 → 2022-11-30vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥372m2020-12-01 → 2021-11-30dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥1.1bn2024-12-01 → 2025-11-30Cons.Net cash provided by used in financing activities
Financing cash flow¥2.2bn2023-12-01 → 2024-11-30Cons.Net cash provided by used in financing activities
Financing cash flow¥6.9bn2022-12-01 → 2023-11-30vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥3.9bn2021-12-01 → 2022-11-30vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥2.5bn2020-12-01 → 2021-11-30dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥87.832024-12-01 → 2025-11-30Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥51.82023-12-01 → 2024-11-30Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥53.362022-12-01 → 2023-11-30vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥130.282021-12-01 → 2022-11-30vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥98.792020-12-01 → 2021-11-30dCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥87.412024-12-01 → 2025-11-30Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥51.322023-12-01 → 2024-11-30Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥52.12022-12-01 → 2023-11-30vCons.Diluted earnings per share (5-year summary)
Net assets per share¥676.14at 2025-11-30Cons.Net assets per share (5-year summary)
Net assets per share¥608.38at 2024-11-30Cons.Net assets per share (5-year summary)
Net assets per share¥571.25at 2023-11-30vCons.Net assets per share (5-year summary)
Net assets per share¥472.54at 2022-11-30vCons.Net assets per share (5-year summary)
Net assets per share¥343.12at 2021-11-30dCons.Net assets per share (5-year summary)
Equity ratio19.3%at 2025-11-30Cons.Equity to asset ratio (5-year summary)
Equity ratio18.3%at 2024-11-30Cons.Equity to asset ratio (5-year summary)
Equity ratio18.7%at 2023-11-30vCons.Equity to asset ratio (5-year summary)
Equity ratio17.0%at 2022-11-30vCons.Equity to asset ratio (5-year summary)
Equity ratio16.9%at 2021-11-30dCons.Equity to asset ratio (5-year summary)
ROE13.6%2024-12-01 → 2025-11-30Cons.Rate of return on equity (5-year summary)
ROE8.7%2023-12-01 → 2024-11-30Cons.Rate of return on equity (5-year summary)
ROE10.7%2022-12-01 → 2023-11-30vCons.Rate of return on equity (5-year summary)
ROE28.9%2021-12-01 → 2022-11-30vCons.Rate of return on equity (5-year summary)
ROE26.9%2020-12-01 → 2021-11-30dCons.Rate of return on equity (5-year summary)
Employees340at 2025-11-30Cons.Number of employees
Employees348at 2024-11-30Cons.Number of employees
Employees383at 2023-11-30vCons.Number of employees
Employees340at 2022-11-30vCons.Number of employees
Employees280at 2021-11-30dCons.Number of employees
Revenue¥692m2024-12-01 → 2025-11-30StandaloneOperating revenue1
Revenue¥866m2023-12-01 → 2024-11-30StandaloneOperating revenue1
Revenue¥583m2022-12-01 → 2023-11-30vStandaloneOperating revenue1 (5-year summary)
Revenue¥397m2021-12-01 → 2022-11-30vStandaloneOperating revenue1 (5-year summary)
Revenue¥215m2020-12-01 → 2021-11-30dStandaloneOperating revenue1 (5-year summary)
Operating income¥203m2024-12-01 → 2025-11-30StandaloneOperating income
Operating income¥332m2023-12-01 → 2024-11-30StandaloneOperating income
Ordinary income¥208m2024-12-01 → 2025-11-30StandaloneOrdinary income
Ordinary income¥329m2023-12-01 → 2024-11-30StandaloneOrdinary income
Ordinary income¥25m2022-12-01 → 2023-11-30vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥19m2021-12-01 → 2022-11-30vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥9m2020-12-01 → 2021-11-30dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥208m2024-12-01 → 2025-11-30StandaloneIncome before income taxes
Profit before tax¥329m2023-12-01 → 2024-11-30StandaloneIncome before income taxes
Net income¥213m2024-12-01 → 2025-11-30StandaloneProfit loss
Net income¥327m2023-12-01 → 2024-11-30StandaloneProfit loss
Net income¥25m2022-12-01 → 2023-11-30vStandaloneNet income loss (5-year summary)
Net income¥16m2021-12-01 → 2022-11-30vStandaloneNet income loss (5-year summary)
Net income−¥10m2020-12-01 → 2021-11-30dStandaloneNet income loss (5-year summary)
Total assets¥4.3bnat 2025-11-30StandaloneAssets
Total assets¥5.0bnat 2024-11-30StandaloneAssets
Total assets¥4.4bnat 2023-11-30vStandaloneTotal assets (5-year summary)
Total assets¥3.2bnat 2022-11-30vStandaloneTotal assets (5-year summary)
Total assets¥3.2bnat 2021-11-30dStandaloneTotal assets (5-year summary)
Total liabilities¥280mat 2025-11-30StandaloneLiabilities
Total liabilities¥1.0bnat 2024-11-30StandaloneLiabilities
Net assets / equity¥4.0bnat 2025-11-30StandaloneNet assets
Net assets / equity¥3.9bnat 2024-11-30StandaloneNet assets
Net assets / equity¥3.9bnat 2023-11-30vStandaloneNet assets
Net assets / equity¥2.7bnat 2022-11-30vStandaloneNet assets (5-year summary)
Net assets / equity¥3.2bnat 2021-11-30dStandaloneNet assets (5-year summary)
Cash and deposits¥217mat 2025-11-30StandaloneCash and deposits
Cash and deposits¥170mat 2024-11-30StandaloneCash and deposits
EPS (basic)¥17.252024-12-01 → 2025-11-30StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥26.622023-12-01 → 2024-11-30StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥1.992022-12-01 → 2023-11-30vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥1.492021-12-01 → 2022-11-30vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-0.982020-12-01 → 2021-11-30dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥17.172024-12-01 → 2025-11-30StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥26.372023-12-01 → 2024-11-30StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥1.942022-12-01 → 2023-11-30vStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥252024-12-01 → 2025-11-30StandaloneDividend paid per share (5-year summary)
Dividend per share¥452023-12-01 → 2024-11-30StandaloneDividend paid per share (5-year summary)
Dividend per share¥452022-12-01 → 2023-11-30vStandaloneDividend paid per share (5-year summary)
Net assets per share¥321.66at 2025-11-30StandaloneNet assets per share (5-year summary)
Net assets per share¥321.22at 2024-11-30StandaloneNet assets per share (5-year summary)
Net assets per share¥312.89at 2023-11-30vStandaloneNet assets per share (5-year summary)
Net assets per share¥240.79at 2022-11-30vStandaloneNet assets per share (5-year summary)
Net assets per share¥212.88at 2021-11-30dStandaloneNet assets per share (5-year summary)
Equity ratio93.4%at 2025-11-30StandaloneEquity to asset ratio (5-year summary)
Equity ratio79.5%at 2024-11-30StandaloneEquity to asset ratio (5-year summary)
Equity ratio88.2%at 2023-11-30vStandaloneEquity to asset ratio (5-year summary)
Equity ratio83.1%at 2022-11-30vStandaloneEquity to asset ratio (5-year summary)
Equity ratio97.5%at 2021-11-30dStandaloneEquity to asset ratio (5-year summary)
ROE5.4%2024-12-01 → 2025-11-30StandaloneRate of return on equity (5-year summary)
ROE8.3%2023-12-01 → 2024-11-30StandaloneRate of return on equity (5-year summary)
ROE0.8%2022-12-01 → 2023-11-30vStandaloneRate of return on equity (5-year summary)
ROE0.5%2021-12-01 → 2022-11-30vStandaloneRate of return on equity (5-year summary)
Shares issued12,409,353at 2025-11-30StandaloneTotal number of issued shares (5-year summary)
Shares issued4,154,251at 2024-11-30StandaloneTotal number of issued shares (5-year summary)
Shares issued4,154,251at 2023-11-30vStandaloneTotal number of issued shares (5-year summary)
Shares issued3,714,151at 2022-11-30vStandaloneTotal number of issued shares (5-year summary)
Shares issued1,028,000at 2021-11-30dStandaloneTotal number of issued shares (5-year summary)
Employees28at 2025-11-30StandaloneNumber of employees
Employees32at 2024-11-30StandaloneNumber of employees
Employees29at 2023-11-30vStandaloneNumber of employees
Employees20at 2022-11-30vStandaloneNumber of employees
Employees12at 2021-11-30dStandaloneNumber 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 · 1
SegmentItemPeriodValue
KAITRY Businessreportable segmentemployeesat 2025-11-30340 pure

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

All source rows · 1,350
ItemContextValueUnit
Total assets (5-year summary)Prior4YearInstant_NonConsolidatedMember3249103000JPY
Total assets (5-year summary)Prior3YearInstant_NonConsolidatedMember3228820000JPY
Total assets (5-year summary)Prior2YearInstant_NonConsolidatedMember4420722000JPY
Total assets (5-year summary)Prior1YearInstant_NonConsolidatedMember4963021000JPY
Total assets (5-year summary)CurrentYearInstant_NonConsolidatedMember4272064000JPY
Net assets per share (5-year summary)Prior4YearInstant_NonConsolidatedMember212.88
Net assets per share (5-year summary)Prior3YearInstant_NonConsolidatedMember240.79
Net assets per share (5-year summary)Prior2YearInstant_NonConsolidatedMember312.89
Net assets per share (5-year summary)Prior1YearInstant_NonConsolidatedMember321.22
Net assets per share (5-year summary)CurrentYearInstant_NonConsolidatedMember321.66
Dividend paid per share (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Dividend paid per share (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Dividend paid per share (5-year summary)Prior2YearDuration_NonConsolidatedMember45.00
Dividend paid per share (5-year summary)Prior1YearDuration_NonConsolidatedMember45.00
Dividend paid per share (5-year summary)CurrentYearDuration_NonConsolidatedMember25.00
Interim dividend paid per share (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior2YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior1YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)CurrentYearDuration_NonConsolidatedMember-
Basic earnings loss per share (5-year summary)Prior4YearDuration_NonConsolidatedMember-0.98
Basic earnings loss per share (5-year summary)Prior3YearDuration_NonConsolidatedMember1.49
Basic earnings loss per share (5-year summary)Prior2YearDuration_NonConsolidatedMember1.99
Basic earnings loss per share (5-year summary)Prior1YearDuration_NonConsolidatedMember26.62
Basic earnings loss per share (5-year summary)CurrentYearDuration_NonConsolidatedMember17.25
Diluted earnings per share (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)Prior2YearDuration_NonConsolidatedMember1.94
Diluted earnings per share (5-year summary)Prior1YearDuration_NonConsolidatedMember26.37
Diluted earnings per share (5-year summary)CurrentYearDuration_NonConsolidatedMember17.17
Equity to asset ratio (5-year summary)Prior4YearInstant_NonConsolidatedMember0.975
Equity to asset ratio (5-year summary)Prior3YearInstant_NonConsolidatedMember0.831
Equity to asset ratio (5-year summary)Prior2YearInstant_NonConsolidatedMember0.882
Equity to asset ratio (5-year summary)Prior1YearInstant_NonConsolidatedMember0.795
Equity to asset ratio (5-year summary)CurrentYearInstant_NonConsolidatedMember0.934
Rate of return on equity (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Rate of return on equity (5-year summary)Prior3YearDuration_NonConsolidatedMember0.0054
Rate of return on equity (5-year summary)Prior2YearDuration_NonConsolidatedMember0.0075
Rate of return on equity (5-year summary)Prior1YearDuration_NonConsolidatedMember0.0832
Rate of return on equity (5-year summary)CurrentYearDuration_NonConsolidatedMember0.0536
Price earnings ratio (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Price earnings ratio (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Price earnings ratio (5-year summary)Prior2YearDuration_NonConsolidatedMember207.1
Price earnings ratio (5-year summary)Prior1YearDuration_NonConsolidatedMember11.8
Price earnings ratio (5-year summary)CurrentYearDuration_NonConsolidatedMember42.7
Payout ratio (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Payout ratio (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Payout ratio (5-year summary)Prior2YearDuration_NonConsolidatedMember7.538
Payout ratio (5-year summary)Prior1YearDuration_NonConsolidatedMember0.563
Payout ratio (5-year summary)CurrentYearDuration_NonConsolidatedMember1.449

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 2024-11-30pass rounding
balance sheet identityconsolidated 2025-11-30pass
balance sheet identitynon_consolidated 2024-11-30pass rounding
balance sheet identitynon_consolidated 2025-11-30pass
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2023-11-30pass
statement vs summary · net assetsconsolidated 2024-11-30pass
statement vs summary · net assetsconsolidated 2025-11-30pass
statement vs summary · net assetsnon_consolidated 2023-11-30pass
statement vs summary · net assetsnon_consolidated 2024-11-30pass
statement vs summary · net assetsnon_consolidated 2025-11-30pass
statement vs summary · net income attributable to parentconsolidated 2023-12-01/2024-11-30pass
statement vs summary · net income attributable to parentconsolidated 2024-12-01/2025-11-30pass
statement vs summary · operating cash flowconsolidated 2023-12-01/2024-11-30pass
statement vs summary · operating cash flowconsolidated 2024-12-01/2025-11-30pass
statement vs summary · revenueconsolidated 2023-12-01/2024-11-30pass
statement vs summary · revenueconsolidated 2024-12-01/2025-11-30pass
statement vs summary · revenuenon_consolidated 2023-12-01/2024-11-30pass
statement vs summary · revenuenon_consolidated 2024-12-01/2025-11-30pass
statement vs summary · total assetsconsolidated 2024-11-30pass
statement vs summary · total assetsconsolidated 2025-11-30pass
statement vs summary · total assetsnon_consolidated 2024-11-30pass
statement vs summary · total assetsnon_consolidated 2025-11-30pass