Annual report

Period2025-06-01 → 2026-05-31
Filed2026-08-25
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 142
MetricValuePeriodScopeSource row
Revenue¥6.4bn2025-06-01 → 2026-05-31Cons.Net sales
Revenue¥6.1bn2024-06-01 → 2025-05-31Cons.Net sales
Revenue¥7.3bn2023-06-01 → 2024-05-31vCons.Net sales (5-year summary)
Revenue¥8.1bn2022-06-01 → 2023-05-31vCons.Net sales (5-year summary)
Revenue¥9.0bn2021-06-01 → 2022-05-31vCons.Net sales (5-year summary)
Operating income¥186m2025-06-01 → 2026-05-31Cons.Operating income
Operating income¥575m2024-06-01 → 2025-05-31Cons.Operating income
Ordinary income¥354m2025-06-01 → 2026-05-31Cons.Ordinary income
Ordinary income¥325m2024-06-01 → 2025-05-31Cons.Ordinary income
Ordinary income−¥829m2023-06-01 → 2024-05-31vCons.Ordinary income loss (5-year summary)
Ordinary income−¥1.7bn2022-06-01 → 2023-05-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥191m2021-06-01 → 2022-05-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥267m2025-06-01 → 2026-05-31Cons.Income before income taxes
Profit before tax¥287m2024-06-01 → 2025-05-31Cons.Income before income taxes
Net income (owners)−¥11m2025-06-01 → 2026-05-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥78m2024-06-01 → 2025-05-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥1.2bn2023-06-01 → 2024-05-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥1.1bn2022-06-01 → 2023-05-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥130m2021-06-01 → 2022-05-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income−¥26m2025-06-01 → 2026-05-31Cons.Profit loss
Net income¥74m2024-06-01 → 2025-05-31Cons.Profit loss
Total assets¥12.5bnat 2026-05-31Cons.Assets
Total assets¥13.2bnat 2025-05-31Cons.Assets
Total assets¥11.3bnat 2024-05-31vCons.Total assets (5-year summary)
Total assets¥12.3bnat 2023-05-31vCons.Total assets (5-year summary)
Total assets¥13.5bnat 2022-05-31vCons.Total assets (5-year summary)
Total liabilities¥1.7bnat 2026-05-31Cons.Liabilities
Total liabilities¥1.9bnat 2025-05-31Cons.Liabilities
Net assets / equity¥10.8bnat 2026-05-31Cons.Net assets
Net assets / equity¥11.3bnat 2025-05-31Cons.Net assets
Net assets / equity¥10.0bnat 2024-05-31vCons.Net assets
Net assets / equity¥10.9bnat 2023-05-31vCons.Net assets (5-year summary)
Net assets / equity¥11.9bnat 2022-05-31vCons.Net assets (5-year summary)
Cash and deposits¥5.4bnat 2026-05-31Cons.Cash and deposits
Cash and deposits¥5.4bnat 2025-05-31Cons.Cash and deposits
Cash & equivalents¥5.4bnat 2026-05-31Cons.Cash and cash equivalents
Cash & equivalents¥4.0bnat 2025-05-31Cons.Cash and cash equivalents
Cash & equivalents¥5.1bnat 2024-05-31vCons.Cash and cash equivalents
Cash & equivalents¥5.1bnat 2023-05-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥4.9bnat 2022-05-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥681m2025-06-01 → 2026-05-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥26m2024-06-01 → 2025-05-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥206m2023-06-01 → 2024-05-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥433m2022-06-01 → 2023-05-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥33m2021-06-01 → 2022-05-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow¥1.4bn2025-06-01 → 2026-05-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.1bn2024-06-01 → 2025-05-31Cons.Net cash provided by used in investment activities
Investing cash flow¥271m2023-06-01 → 2024-05-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow¥604m2022-06-01 → 2023-05-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥4.1bn2021-06-01 → 2022-05-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥751m2025-06-01 → 2026-05-31Cons.Net cash provided by used in financing activities
Financing cash flow¥55m2024-06-01 → 2025-05-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥103m2023-06-01 → 2024-05-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥02022-06-01 → 2023-05-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥9m2021-06-01 → 2022-05-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥-0.52025-06-01 → 2026-05-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥3.292024-06-01 → 2025-05-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-49.332023-06-01 → 2024-05-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-47.992022-06-01 → 2023-05-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥5.472021-06-01 → 2022-05-31vCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥3.292024-06-01 → 2025-05-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥5.442021-06-01 → 2022-05-31vCons.Diluted earnings per share (5-year summary)
Net assets per share¥444.81at 2026-05-31Cons.Net assets per share (5-year summary)
Net assets per share¥464.6at 2025-05-31Cons.Net assets per share (5-year summary)
Net assets per share¥412.8at 2024-05-31vCons.Net assets per share (5-year summary)
Net assets per share¥449.24at 2023-05-31vCons.Net assets per share (5-year summary)
Net assets per share¥493.56at 2022-05-31vCons.Net assets per share (5-year summary)
Equity ratio85.2%at 2026-05-31Cons.Equity to asset ratio (5-year summary)
Equity ratio84.4%at 2025-05-31Cons.Equity to asset ratio (5-year summary)
Equity ratio87.2%at 2024-05-31vCons.Equity to asset ratio (5-year summary)
Equity ratio87.5%at 2023-05-31vCons.Equity to asset ratio (5-year summary)
Equity ratio87.3%at 2022-05-31vCons.Equity to asset ratio (5-year summary)
ROE0.8%2024-06-01 → 2025-05-31Cons.Rate of return on equity (5-year summary)
ROE1.1%2021-06-01 → 2022-05-31vCons.Rate of return on equity (5-year summary)
Employees205at 2026-05-31Cons.Number of employees
Employees194at 2025-05-31Cons.Number of employees
Employees206at 2024-05-31vCons.Number of employees
Employees252at 2023-05-31vCons.Number of employees
Employees258at 2022-05-31vCons.Number of employees
Revenue¥3.0bn2025-06-01 → 2026-05-31StandaloneNet sales
Revenue¥3.7bn2024-06-01 → 2025-05-31StandaloneNet sales
Revenue¥4.5bn2023-06-01 → 2024-05-31vStandaloneNet sales (5-year summary)
Revenue¥5.6bn2022-06-01 → 2023-05-31vStandaloneNet sales (5-year summary)
Revenue¥6.8bn2021-06-01 → 2022-05-31vStandaloneNet sales (5-year summary)
Operating income−¥134m2025-06-01 → 2026-05-31StandaloneOperating income
Operating income¥131m2024-06-01 → 2025-05-31StandaloneOperating income
Ordinary income¥2.3bn2025-06-01 → 2026-05-31StandaloneOrdinary income
Ordinary income¥201m2024-06-01 → 2025-05-31StandaloneOrdinary income
Ordinary income−¥528m2023-06-01 → 2024-05-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥387m2022-06-01 → 2023-05-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥243m2021-06-01 → 2022-05-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥2.3bn2025-06-01 → 2026-05-31StandaloneIncome before income taxes
Profit before tax¥302m2024-06-01 → 2025-05-31StandaloneIncome before income taxes
Net income¥2.3bn2025-06-01 → 2026-05-31StandaloneProfit loss
Net income¥341m2024-06-01 → 2025-05-31StandaloneProfit loss
Net income−¥549m2023-06-01 → 2024-05-31vStandaloneNet income loss (5-year summary)
Net income−¥665m2022-06-01 → 2023-05-31vStandaloneNet income loss (5-year summary)
Net income−¥134m2021-06-01 → 2022-05-31vStandaloneNet income loss (5-year summary)
Total assets¥12.5bnat 2026-05-31StandaloneAssets
Total assets¥10.8bnat 2025-05-31StandaloneAssets
Total assets¥10.3bnat 2024-05-31vStandaloneTotal assets (5-year summary)
Total assets¥11.1bnat 2023-05-31vStandaloneTotal assets (5-year summary)
Total assets¥11.8bnat 2022-05-31vStandaloneTotal assets (5-year summary)
Total liabilities¥699mat 2026-05-31StandaloneLiabilities
Total liabilities¥757mat 2025-05-31StandaloneLiabilities
Net assets / equity¥11.8bnat 2026-05-31StandaloneNet assets
Net assets / equity¥10.1bnat 2025-05-31StandaloneNet assets
Net assets / equity¥9.5bnat 2024-05-31vStandaloneNet assets
Net assets / equity¥10.1bnat 2023-05-31vStandaloneNet assets (5-year summary)
Net assets / equity¥10.7bnat 2022-05-31vStandaloneNet assets (5-year summary)
Cash and deposits¥4.7bnat 2026-05-31StandaloneCash and deposits
Cash and deposits¥2.3bnat 2025-05-31StandaloneCash and deposits
EPS (basic)¥94.542025-06-01 → 2026-05-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥14.232024-06-01 → 2025-05-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-22.862023-06-01 → 2024-05-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-27.742022-06-01 → 2023-05-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-5.662021-06-01 → 2022-05-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥14.232024-06-01 → 2025-05-31StandaloneDiluted earnings per share (5-year summary)
Dividend per share¥222025-06-01 → 2026-05-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥18.32024-06-01 → 2025-05-31StandaloneDividend paid per share (5-year summary)
Net assets per share¥492.06at 2026-05-31StandaloneNet assets per share (5-year summary)
Net assets per share¥416.02at 2025-05-31StandaloneNet assets per share (5-year summary)
Net assets per share¥392.63at 2024-05-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥418.53at 2023-05-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥443.65at 2022-05-31vStandaloneNet assets per share (5-year summary)
Equity ratio94.0%at 2026-05-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio92.4%at 2025-05-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio91.5%at 2024-05-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio90.8%at 2023-05-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio89.7%at 2022-05-31vStandaloneEquity to asset ratio (5-year summary)
ROE20.8%2025-06-01 → 2026-05-31StandaloneRate of return on equity (5-year summary)
ROE3.5%2024-06-01 → 2025-05-31StandaloneRate of return on equity (5-year summary)
Shares issued24,237,774at 2026-05-31StandaloneTotal number of issued shares (5-year summary)
Shares issued24,237,774at 2025-05-31StandaloneTotal number of issued shares (5-year summary)
Shares issued24,237,774at 2024-05-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued24,237,774at 2023-05-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued24,237,774at 2022-05-31vStandaloneTotal number of issued shares (5-year summary)
Employees78at 2026-05-31StandaloneNumber of employees
Employees84at 2025-05-31StandaloneNumber of employees
Employees115at 2024-05-31vStandaloneNumber of employees
Employees155at 2023-05-31vStandaloneNumber of employees
Employees170at 2022-05-31vStandaloneNumber 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 · 22
SegmentItemPeriodValue
Reconciling Itemsreconcilingdepreciation2025-06-01 → 2026-05-31¥0
Reconciling Itemsreconcilingrevenue2025-06-01 → 2026-05-31−¥4m
Reconciling Itemsreconcilingrevenue external2025-06-01 → 2026-05-31¥0
Reconciling Itemsreconcilingrevenue intersegment2025-06-01 → 2026-05-31−¥4m
Reconciling Itemsreconcilingsegment assetsat 2026-05-31¥9.3bn
Reconciling Itemsreconcilingsegment profit2025-06-01 → 2026-05-31−¥566m
—segment totaldepreciation2025-06-01 → 2026-05-31¥53m
—segment totalrevenue2025-06-01 → 2026-05-31¥6.4bn
—segment totalrevenue external2025-06-01 → 2026-05-31¥6.4bn
—segment totalrevenue intersegment2025-06-01 → 2026-05-31¥4m
—segment totalsegment assetsat 2026-05-31¥3.2bn
—segment totalsegment profit2025-06-01 → 2026-05-31¥752m
Reconciling Itemsreconcilingdepreciation2024-06-01 → 2025-05-31¥0
Reconciling Itemsreconcilingrevenue2024-06-01 → 2025-05-31¥0
Reconciling Itemsreconcilingrevenue external2024-06-01 → 2025-05-31¥0
Reconciling Itemsreconcilingsegment assetsat 2025-05-31¥9.1bn
Reconciling Itemsreconcilingsegment profit2024-06-01 → 2025-05-31−¥624m
—segment totaldepreciation2024-06-01 → 2025-05-31¥3m
—segment totalrevenue2024-06-01 → 2025-05-31¥6.1bn
—segment totalrevenue external2024-06-01 → 2025-05-31¥6.1bn
—segment totalsegment assetsat 2025-05-31¥4.1bn
—segment totalsegment profit2024-06-01 → 2025-05-31¥1.2bn

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

All source rows · 1,496
ItemContextValueUnit
Remuneration for directors and other officers (text)FilingDateInstantText · Plus
Shareholdings (text)FilingDateInstantText · Plus
Basic policy on human resources strategy employees etc (text)FilingDateInstantText · Plus
Information about employees (text)FilingDateInstantText · Plus
Regulations in accordance with which consolidated financial statements have been prepared financial informationCurrentYearDurationText · Plus
Regulations in accordance with which financial statements have been prepared financial informationCurrentYearDurationText · Plus
Description of fact that financial statements have been prepared in accordance with special provision financial informationCurrentYearDuration
Original text (Japanese) また、当社は、特例財務諸表提出会社に該当し、財務諸表等規則第127条の規定により財務諸表を作成しております。
Note on independent audit financial informationCurrentYearDurationText · Plus
Remarkable efforts to ensure fair presentation of consolidated financial statements etc financial informationCurrentYearDurationText · Plus
Consolidated balance sheet (text)CurrentYearDurationText · Plus
Consolidated statement of income (text)CurrentYearDurationText · Plus
Consolidated statement of comprehensive income (text)CurrentYearDurationText · Plus
Consolidated statement of changes in equity (text)CurrentYearDurationText · Plus
Consolidated statement of cash flows (text)CurrentYearDurationText · Plus
Notes significant accounting policies for preparation of consolidated financial statements (text)CurrentYearDurationText · Plus
Number of consolidated subsidiaries and names of major consolidated subsidiaries (text)CurrentYearDurationText · Plus
Names of major unconsolidated subsidiaries and reasons for exclusion from scope of consolidation (text)CurrentYearDurationText · Plus
Number of unconsolidated subsidiaries and associates accounted for using equity method and names of major entities accounted for using equity method (text)CurrentYearDurationText · Plus
Names of major unconsolidated subsidiaries and associates and reasons for not being accounted for using equity method (text)CurrentYearDurationText · Plus
Disclosure about fiscal years etc of consolidated subsidiaries (text)CurrentYearDurationText · Plus
Disclosure of accounting policies (text)CurrentYearDurationText · Plus
Significant accounting estimates consolidated financial statements (text)CurrentYearDurationText · Plus
Notes new accounting standards not yet applied consolidated financial statements (text)CurrentYearDurationText · Plus
Notes additional information consolidated financial statements (text)CurrentYearDurationText · Plus
Notes regarding amounts of notes and accounts receivable trade and contract assets (text)CurrentYearInstantText · Plus
Notes regarding shares and bonds etc of unconsolidated subsidiaries and associates (text)CurrentYearInstantText · Plus
Notes regarding pledged assets (text)CurrentYearInstantText · Plus
Notes regarding accumulated depreciation of property plant and equipment (text)CurrentYearInstantText · Plus
Notes regarding amount of contract liabilities (text)CurrentYearInstantText · Plus
Debtors notes regarding overdraft contracts and or loan commitments (text)CurrentYearInstantText · Plus
Notes regarding amount of revenue from contracts with customers (text)CurrentYearDurationText · Plus
Major components of selling general and administrative expenses (text)CurrentYearDurationText · Plus
Research and development expenses included in general and administrative expenses and manufacturing cost for current period (text)CurrentYearDurationText · Plus
Notes regarding impairment loss (text)CurrentYearDurationText · Plus
Notes regarding reclassification adjustments income taxes and tax effects relating to other comprehensive income (text)CurrentYearDurationText · Plus
Notes regarding issued shares and treasury shares (text)Prior1YearDurationText · Plus
Notes regarding new share subscription rights etc (text)Prior1YearDurationText · Plus
Notes regarding dividend (text)Prior1YearDurationText · Plus
Notes regarding issued shares and treasury shares (text)CurrentYearDurationText · Plus
Notes regarding new share subscription rights etc (text)CurrentYearDurationText · Plus
Notes regarding dividend (text)CurrentYearDurationText · Plus
Reconciliation of ending balance of cash and cash equivalents with account balances per balance sheet (text)CurrentYearDurationText · Plus
Major components of assets and liabilities of consolidated subsidiary acquired by purchase of shares during reporting period (text)CurrentYearDurationText · Plus
Notes leases consolidated financial statements (text)CurrentYearDurationText · Plus
Notes financial instruments consolidated financial statements (text)CurrentYearDurationText · Plus
Notes securities consolidated financial statements (text)CurrentYearDurationText · Plus
Notes derivatives consolidated financial statements (text)CurrentYearDurationText · Plus
Notes share options etc consolidated financial statements (text)CurrentYearDurationText · Plus
Notes tax effect accounting consolidated financial statements (text)CurrentYearDurationText · Plus
Notes business combinations consolidated financial statements (text)CurrentYearDurationText · Plus

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 2025-05-31pass rounding
balance sheet identityconsolidated 2026-05-31pass
balance sheet identitynon_consolidated 2025-05-31pass rounding
balance sheet identitynon_consolidated 2026-05-31pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2024-05-31pass
statement vs summary · net assetsconsolidated 2025-05-31pass
statement vs summary · net assetsconsolidated 2026-05-31pass
statement vs summary · net assetsnon_consolidated 2024-05-31pass
statement vs summary · net assetsnon_consolidated 2025-05-31pass
statement vs summary · net assetsnon_consolidated 2026-05-31pass
statement vs summary · net income attributable to parentconsolidated 2024-06-01/2025-05-31pass
statement vs summary · net income attributable to parentconsolidated 2025-06-01/2026-05-31pass
statement vs summary · operating cash flowconsolidated 2024-06-01/2025-05-31pass
statement vs summary · operating cash flowconsolidated 2025-06-01/2026-05-31pass
statement vs summary · revenueconsolidated 2024-06-01/2025-05-31pass
statement vs summary · revenueconsolidated 2025-06-01/2026-05-31pass
statement vs summary · revenuenon_consolidated 2024-06-01/2025-05-31pass
statement vs summary · revenuenon_consolidated 2025-06-01/2026-05-31pass
statement vs summary · total assetsconsolidated 2025-05-31pass
statement vs summary · total assetsconsolidated 2026-05-31pass
statement vs summary · total assetsnon_consolidated 2025-05-31pass
statement vs summary · total assetsnon_consolidated 2026-05-31pass