Annual report

Period2024-04-01 → 2025-03-31
Filed2025-06-24
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 148
MetricValuePeriodScopeSource row
Revenue¥35.9bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥33.2bn2023-04-01 → 2024-03-31Cons.Net sales
Revenue¥33.5bn2022-04-01 → 2023-03-31dCons.Net sales (5-year summary)
Revenue¥33.2bn2021-04-01 → 2022-03-31dCons.Net sales (5-year summary)
Revenue¥29.0bn2020-04-01 → 2021-03-31dCons.Net sales (5-year summary)
Operating income¥1.2bn2024-04-01 → 2025-03-31Cons.Operating income
Operating income¥322m2023-04-01 → 2024-03-31Cons.Operating income
Ordinary income¥2.2bn2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥1.3bn2023-04-01 → 2024-03-31Cons.Ordinary income
Ordinary income¥791m2022-04-01 → 2023-03-31dCons.Ordinary income loss (5-year summary)
Ordinary income¥1.1bn2021-04-01 → 2022-03-31dCons.Ordinary income loss (5-year summary)
Ordinary income¥1.2bn2020-04-01 → 2021-03-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥2.3bn2024-04-01 → 2025-03-31Cons.Income before income taxes
Profit before tax¥992m2023-04-01 → 2024-03-31Cons.Income before income taxes
Net income (owners)¥1.8bn2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥813m2023-04-01 → 2024-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥671m2022-04-01 → 2023-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥784m2021-04-01 → 2022-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥1.1bn2020-04-01 → 2021-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥1.9bn2024-04-01 → 2025-03-31Cons.Profit loss
Net income¥781m2023-04-01 → 2024-03-31Cons.Profit loss
Total assets¥42.3bnat 2025-03-31Cons.Assets
Total assets¥41.9bnat 2024-03-31Cons.Assets
Total assets¥39.1bnat 2023-03-31dCons.Total assets (5-year summary)
Total assets¥39.5bnat 2022-03-31dCons.Total assets (5-year summary)
Total assets¥38.8bnat 2021-03-31dCons.Total assets (5-year summary)
Total liabilities¥13.0bnat 2025-03-31Cons.Liabilities
Total liabilities¥14.3bnat 2024-03-31Cons.Liabilities
Net assets / equity¥29.3bnat 2025-03-31Cons.Net assets
Net assets / equity¥27.7bnat 2024-03-31Cons.Net assets
Net assets / equity¥24.5bnat 2023-03-31dCons.Net assets
Net assets / equity¥23.7bnat 2022-03-31dCons.Net assets (5-year summary)
Net assets / equity¥21.5bnat 2021-03-31dCons.Net assets (5-year summary)
Cash and deposits¥4.7bnat 2025-03-31Cons.Cash and deposits
Cash and deposits¥4.4bnat 2024-03-31Cons.Cash and deposits
Cash & equivalents¥4.0bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥3.8bnat 2024-03-31Cons.Cash and cash equivalents
Cash & equivalents¥3.2bnat 2023-03-31dCons.Cash and cash equivalents
Cash & equivalents¥4.0bnat 2022-03-31dCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥6.1bnat 2021-03-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥3.6bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥3.6bn2023-04-01 → 2024-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥2.1bn2022-04-01 → 2023-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥2.5bn2021-04-01 → 2022-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥2.5bn2020-04-01 → 2021-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥2.4bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥2.0bn2023-04-01 → 2024-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.9bn2022-04-01 → 2023-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥1.4bn2021-04-01 → 2022-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥1.4bn2020-04-01 → 2021-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥1.1bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥1.1bn2023-04-01 → 2024-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥1.1bn2022-04-01 → 2023-03-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥3.3bn2021-04-01 → 2022-03-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥957m2020-04-01 → 2021-03-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥118.32024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥52.682023-04-01 → 2024-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥43.582022-04-01 → 2023-03-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥51.142021-04-01 → 2022-03-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥72.882020-04-01 → 2021-03-31dCons.Basic earnings loss per share (5-year summary)
Net assets per share¥1,850.67at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,758.76at 2024-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,557.14at 2023-03-31dCons.Net assets per share (5-year summary)
Net assets per share¥1,508.39at 2022-03-31dCons.Net assets per share (5-year summary)
Net assets per share¥1,368.11at 2021-03-31dCons.Net assets per share (5-year summary)
Equity ratio68.9%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio64.7%at 2024-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio61.3%at 2023-03-31dCons.Equity to asset ratio (5-year summary)
Equity ratio58.6%at 2022-03-31dCons.Equity to asset ratio (5-year summary)
Equity ratio53.9%at 2021-03-31dCons.Equity to asset ratio (5-year summary)
ROE6.5%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE3.2%2023-04-01 → 2024-03-31Cons.Rate of return on equity (5-year summary)
ROE2.8%2022-04-01 → 2023-03-31dCons.Rate of return on equity (5-year summary)
ROE3.5%2021-04-01 → 2022-03-31dCons.Rate of return on equity (5-year summary)
ROE5.5%2020-04-01 → 2021-03-31dCons.Rate of return on equity (5-year summary)
Employees959at 2025-03-31Cons.Number of employees
Employees978at 2024-03-31Cons.Number of employees
Employees1,013at 2023-03-31dCons.Number of employees
Employees1,059at 2022-03-31dCons.Number of employees
Employees1,056at 2021-03-31dCons.Number of employees
Revenue¥27.8bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥25.5bn2023-04-01 → 2024-03-31StandaloneNet sales
Revenue¥24.1bn2022-04-01 → 2023-03-31dStandaloneNet sales (5-year summary)
Revenue¥23.0bn2021-04-01 → 2022-03-31dStandaloneNet sales (5-year summary)
Revenue¥20.7bn2020-04-01 → 2021-03-31dStandaloneNet sales (5-year summary)
Operating income¥805m2024-04-01 → 2025-03-31StandaloneOperating income
Operating income¥303m2023-04-01 → 2024-03-31StandaloneOperating income
Ordinary income¥2.0bn2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥780m2023-04-01 → 2024-03-31StandaloneOrdinary income
Ordinary income−¥141m2022-04-01 → 2023-03-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥24m2021-04-01 → 2022-03-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥178m2020-04-01 → 2021-03-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥2.1bn2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Profit before tax¥611m2023-04-01 → 2024-03-31StandaloneIncome before income taxes
Net income¥1.8bn2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥406m2023-04-01 → 2024-03-31StandaloneProfit loss
Net income−¥58m2022-04-01 → 2023-03-31dStandaloneNet income loss (5-year summary)
Net income−¥49m2021-04-01 → 2022-03-31dStandaloneNet income loss (5-year summary)
Net income¥178m2020-04-01 → 2021-03-31dStandaloneNet income loss (5-year summary)
Total assets¥25.7bnat 2025-03-31StandaloneAssets
Total assets¥25.5bnat 2024-03-31StandaloneAssets
Total assets¥24.6bnat 2023-03-31dStandaloneTotal assets (5-year summary)
Total assets¥25.7bnat 2022-03-31dStandaloneTotal assets (5-year summary)
Total assets¥27.3bnat 2021-03-31dStandaloneTotal assets (5-year summary)
Total liabilities¥10.1bnat 2025-03-31StandaloneLiabilities
Total liabilities¥11.1bnat 2024-03-31StandaloneLiabilities
Net assets / equity¥15.6bnat 2025-03-31StandaloneNet assets
Net assets / equity¥14.4bnat 2024-03-31StandaloneNet assets
Net assets / equity¥13.1bnat 2023-03-31dStandaloneNet assets
Net assets / equity¥13.4bnat 2022-03-31dStandaloneNet assets (5-year summary)
Net assets / equity¥13.4bnat 2021-03-31dStandaloneNet assets (5-year summary)
Cash and deposits¥1.1bnat 2025-03-31StandaloneCash and deposits
Cash and deposits¥935mat 2024-03-31StandaloneCash and deposits
EPS (basic)¥114.892024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥26.222023-04-01 → 2024-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-3.762022-04-01 → 2023-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-3.182021-04-01 → 2022-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥11.642020-04-01 → 2021-03-31dStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥162024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥122023-04-01 → 2024-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥122022-04-01 → 2023-03-31dStandaloneDividend paid per share (5-year summary)
Dividend per share¥122021-04-01 → 2022-03-31dStandaloneDividend paid per share (5-year summary)
Dividend per share¥122020-04-01 → 2021-03-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥988.63at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥928.93at 2024-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥846.41at 2023-03-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥870.62at 2022-03-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥872.65at 2021-03-31dStandaloneNet assets per share (5-year summary)
Equity ratio60.7%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio56.3%at 2024-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio53.0%at 2023-03-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio52.1%at 2022-03-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio48.9%at 2021-03-31dStandaloneEquity to asset ratio (5-year summary)
ROE11.9%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE2.9%2023-04-01 → 2024-03-31StandaloneRate of return on equity (5-year summary)
ROE-0.4%2022-04-01 → 2023-03-31dStandaloneRate of return on equity (5-year summary)
ROE-0.4%2021-04-01 → 2022-03-31dStandaloneRate of return on equity (5-year summary)
ROE1.3%2020-04-01 → 2021-03-31dStandaloneRate of return on equity (5-year summary)
Shares issued16,020,000at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued16,020,000at 2024-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued16,020,000at 2023-03-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued16,020,000at 2022-03-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued16,020,000at 2021-03-31dStandaloneTotal number of issued shares (5-year summary)
Employees521at 2025-03-31StandaloneNumber of employees
Employees530at 2024-03-31StandaloneNumber of employees
Employees548at 2023-03-31dStandaloneNumber of employees
Employees561at 2022-03-31dStandaloneNumber of employees
Employees550at 2021-03-31dStandaloneNumber 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 · 47
SegmentItemPeriodValue
Reconciling Itemsreconcilingcapex2024-04-01 → 2025-03-31¥72m
Reconciling Itemsreconcilingdepreciation2024-04-01 → 2025-03-31¥43m
Reconciling Itemsreconcilingsegment assetsat 2025-03-31¥5.1bn
Reconciling Itemsreconcilingsegment profit2024-04-01 → 2025-03-31−¥1.5bn
Malleablereportable segmentcapex2024-04-01 → 2025-03-31¥1.2bn
Malleablereportable segmentdepreciation2024-04-01 → 2025-03-31¥2.0bn
Malleablereportable segmentemployeesat 2025-03-31877 pure
Malleablereportable segmentrevenue2024-04-01 → 2025-03-31¥34.9bn
Malleablereportable segmentrevenue external2024-04-01 → 2025-03-31¥34.9bn
Malleablereportable segmentsegment assetsat 2025-03-31¥36.2bn
Malleablereportable segmentsegment profit2024-04-01 → 2025-03-31¥2.7bn
Metal Furniturereportable segmentcapex2024-04-01 → 2025-03-31¥2m
Metal Furniturereportable segmentdepreciation2024-04-01 → 2025-03-31¥19m
Metal Furniturereportable segmentemployeesat 2025-03-3115 pure
Metal Furniturereportable segmentrevenue2024-04-01 → 2025-03-31¥1.0bn
Metal Furniturereportable segmentrevenue external2024-04-01 → 2025-03-31¥1.0bn
Metal Furniturereportable segmentsegment assetsat 2025-03-31¥966m
Metal Furniturereportable segmentsegment profit2024-04-01 → 2025-03-31¥958,000
Total Of Reportable Segments And Otherssegment totalcapex2024-04-01 → 2025-03-31¥1.2bn
Total Of Reportable Segments And Otherssegment totaldepreciation2024-04-01 → 2025-03-31¥2.0bn
Total Of Reportable Segments And Otherssegment totalrevenue2024-04-01 → 2025-03-31¥35.9bn
Total Of Reportable Segments And Otherssegment totalrevenue external2024-04-01 → 2025-03-31¥35.9bn
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2025-03-31¥37.2bn
Total Of Reportable Segments And Otherssegment totalsegment profit2024-04-01 → 2025-03-31¥2.7bn
Reconciling Itemsreconcilingcapex2023-04-01 → 2024-03-31¥30m
Reconciling Itemsreconcilingdepreciation2023-04-01 → 2024-03-31¥25m
Reconciling Itemsreconcilingsegment assetsat 2024-03-31¥6.5bn
Reconciling Itemsreconcilingsegment profit2023-04-01 → 2024-03-31−¥1.3bn
Malleablereportable segmentcapex2023-04-01 → 2024-03-31¥1.5bn
Malleablereportable segmentdepreciation2023-04-01 → 2024-03-31¥2.0bn
Malleablereportable segmentrevenue2023-04-01 → 2024-03-31¥32.2bn
Malleablereportable segmentrevenue external2023-04-01 → 2024-03-31¥32.2bn
Malleablereportable segmentsegment assetsat 2024-03-31¥34.5bn
Malleablereportable segmentsegment profit2023-04-01 → 2024-03-31¥1.6bn
Metal Furniturereportable segmentcapex2023-04-01 → 2024-03-31¥27m
Metal Furniturereportable segmentdepreciation2023-04-01 → 2024-03-31¥13m
Metal Furniturereportable segmentrevenue2023-04-01 → 2024-03-31¥971m
Metal Furniturereportable segmentrevenue external2023-04-01 → 2024-03-31¥971m
Metal Furniturereportable segmentsegment assetsat 2024-03-31¥914m
Metal Furniturereportable segmentsegment profit2023-04-01 → 2024-03-31¥4m
Total Of Reportable Segments And Otherssegment totalcapex2023-04-01 → 2024-03-31¥1.5bn
Total Of Reportable Segments And Otherssegment totaldepreciation2023-04-01 → 2024-03-31¥2.1bn
Total Of Reportable Segments And Otherssegment totalrevenue2023-04-01 → 2024-03-31¥33.2bn
Total Of Reportable Segments And Otherssegment totalrevenue external2023-04-01 → 2024-03-31¥33.2bn
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2024-03-31¥35.4bn
Total Of Reportable Segments And Otherssegment totalsegment profit2023-04-01 → 2024-03-31¥1.6bn
Malleablereportable segmentemployeesat 2025-03-31454 pure

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

All source rows · 1,570
ItemContextValueUnit
Net salesCurrentYearDuration35940942000JPY
Cost of salesPrior1YearDuration30072788000JPY
Cost of salesCurrentYearDuration31560392000JPY
Gross profitPrior1YearDuration3125505000JPY
Gross profitCurrentYearDuration4380550000JPY
Selling general and administrative expensesPrior1YearDuration2803632000JPY
Selling general and administrative expensesCurrentYearDuration3193921000JPY
Operating incomePrior1YearDuration321873000JPY
Operating incomeCurrentYearDuration1186629000JPY
Interest income noiPrior1YearDuration13540000JPY
Interest income noiCurrentYearDuration11027000JPY
Dividends income noiPrior1YearDuration78834000JPY
Dividends income noiCurrentYearDuration99221000JPY
Compensation income noiPrior1YearDuration266883000JPY
Compensation income noiCurrentYearDuration161098000JPY
Equity in earnings of affiliates noiPrior1YearDuration505252000JPY
Equity in earnings of affiliates noiCurrentYearDuration777259000JPY
Other noiPrior1YearDuration282462000JPY
Other noiCurrentYearDuration245410000JPY
Non operating incomePrior1YearDuration1146973000JPY
Non operating incomeCurrentYearDuration1294017000JPY
Interest expenses noePrior1YearDuration33554000JPY
Interest expenses noeCurrentYearDuration32620000JPY
Foreign exchange losses noePrior1YearDuration66604000JPY
Foreign exchange losses noeCurrentYearDuration181725000JPY
Compensation expenses noePrior1YearDuration19349000JPY
Compensation expenses noeCurrentYearDuration30706000JPY
Indemnity noePrior1YearDuration8121000JPY
Indemnity noeCurrentYearDuration-JPY
Other noePrior1YearDuration14618000JPY
Other noeCurrentYearDuration12552000JPY
Non operating expensesPrior1YearDuration142250000JPY
Non operating expensesCurrentYearDuration257605000JPY
Ordinary incomePrior1YearDuration1326596000JPY
Ordinary incomeCurrentYearDuration2223041000JPY
Gain on sales of noncurrent assets eiPrior1YearDuration-JPY
Gain on sales of noncurrent assets eiCurrentYearDuration99070000JPY
Gain on sales of investment securities eiPrior1YearDuration8804000JPY
Gain on sales of investment securities eiCurrentYearDuration-JPY
Extraordinary incomePrior1YearDuration8804000JPY
Extraordinary incomeCurrentYearDuration99070000JPY
Loss on retirement of noncurrent assets elPrior1YearDuration3852000JPY
Loss on retirement of noncurrent assets elCurrentYearDuration8358000JPY
Impairment loss elPrior1YearDuration33807000JPY
Impairment loss elCurrentYearDuration32430000JPY
Loss on valuation of investment securities elPrior1YearDuration175440000JPY
Loss on valuation of investment securities elCurrentYearDuration-JPY
Loss on valuation of stocks of subsidiaries and affiliates elPrior1YearDuration130536000JPY
Loss on valuation of stocks of subsidiaries and affiliates elCurrentYearDuration-JPY
Extraordinary lossPrior1YearDuration343636000JPY

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 2024-03-31pass rounding
balance sheet identityconsolidated 2025-03-31pass rounding
balance sheet identitynon_consolidated 2024-03-31pass rounding
balance sheet identitynon_consolidated 2025-03-31pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2023-03-31pass
statement vs summary · net assetsconsolidated 2024-03-31pass
statement vs summary · net assetsconsolidated 2025-03-31pass
statement vs summary · net assetsnon_consolidated 2023-03-31pass
statement vs summary · net assetsnon_consolidated 2024-03-31pass
statement vs summary · net assetsnon_consolidated 2025-03-31pass
statement vs summary · net income attributable to parentconsolidated 2023-04-01/2024-03-31pass
statement vs summary · net income attributable to parentconsolidated 2024-04-01/2025-03-31pass
statement vs summary · operating cash flowconsolidated 2023-04-01/2024-03-31pass
statement vs summary · operating cash flowconsolidated 2024-04-01/2025-03-31pass
statement vs summary · revenueconsolidated 2023-04-01/2024-03-31pass
statement vs summary · revenueconsolidated 2024-04-01/2025-03-31pass
statement vs summary · revenuenon_consolidated 2023-04-01/2024-03-31pass
statement vs summary · revenuenon_consolidated 2024-04-01/2025-03-31pass
statement vs summary · total assetsconsolidated 2024-03-31pass
statement vs summary · total assetsconsolidated 2025-03-31pass
statement vs summary · total assetsnon_consolidated 2024-03-31pass
statement vs summary · total assetsnon_consolidated 2025-03-31pass