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
Percentage of shareholdings other corporationsCurrentYearInstant_OrdinaryShareMember0.1833
Percentage of shareholdings foreigners other than individualsCurrentYearInstant_OrdinaryShareMember0.0247
Percentage of shareholdings foreign individualsCurrentYearInstant_OrdinaryShareMember0.0006
Percentage of shareholdings individuals and othersCurrentYearInstant_OrdinaryShareMember0.7224
Number of shares heldCurrentYearInstant_No1MajorShareholdersMember6061000
Shareholding ratioCurrentYearInstant_No1MajorShareholdersMember0.2525
Number of shares heldCurrentYearInstant_No2MajorShareholdersMember3550000
Shareholding ratioCurrentYearInstant_No2MajorShareholdersMember0.1478
Number of shares heldCurrentYearInstant_No3MajorShareholdersMember1156000
Shareholding ratioCurrentYearInstant_No3MajorShareholdersMember0.0481
Number of shares heldCurrentYearInstant_No4MajorShareholdersMember580000
Shareholding ratioCurrentYearInstant_No4MajorShareholdersMember0.0241
Number of shares heldCurrentYearInstant_No5MajorShareholdersMember506000
Shareholding ratioCurrentYearInstant_No5MajorShareholdersMember0.0211
Number of shares heldCurrentYearInstant_No6MajorShareholdersMember403000
Shareholding ratioCurrentYearInstant_No6MajorShareholdersMember0.0167
Number of shares heldCurrentYearInstant_No7MajorShareholdersMember390000
Shareholding ratioCurrentYearInstant_No7MajorShareholdersMember0.0162
Number of shares heldCurrentYearInstant_No8MajorShareholdersMember363000
Shareholding ratioCurrentYearInstant_No8MajorShareholdersMember0.0151
Number of shares heldCurrentYearInstant_No9MajorShareholdersMember307000
Shareholding ratioCurrentYearInstant_No9MajorShareholdersMember0.0127
Number of shares heldCurrentYearInstant_No10MajorShareholdersMember270000
Shareholding ratioCurrentYearInstant_No10MajorShareholdersMember0.0112
Number of shares heldCurrentYearInstant13587000
Shareholding ratioCurrentYearInstant0.5660
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithNoVotingRightsMember-
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsTreasurySharesEtcMember-
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember-
Number of voting rights issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember-
Number of voting rights issued shares voting rightsCurrentYearInstant_OrdinarySharesTreasurySharesSharesWithFullVotingRightsTreasurySharesEtcMember543
Number of shares issued shares voting rightsCurrentYearInstant_OrdinarySharesTreasurySharesSharesWithFullVotingRightsTreasurySharesEtcMember288000
Number of shares issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsOtherMember23933300
Number of voting rights issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsOtherMember239333
Number of shares issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesLessThanOneUnitMember16474
Number of shares issued shares voting rightsCurrentYearInstant24237774
Number of voting rights issued shares voting rightsCurrentYearInstant239876
Number of shares held in own name treasury shares etcCurrentYearInstant_Row1Member233700
Number of shares held in others names treasury shares etcCurrentYearInstant_Row1Member54300
Total number of shares held treasury shares etcCurrentYearInstant_Row1Member288000
Shareholding ratio treasury shares etcCurrentYearInstant_Row1Member0.0119
Number of shares held in own name treasury shares etcCurrentYearInstant233700
Number of shares held in others names treasury shares etcCurrentYearInstant54300
Total number of shares held treasury shares etcCurrentYearInstant288000
Shareholding ratio treasury shares etcCurrentYearInstant0.0119
Total amount of dividends dividends of surplusFilingDateInstant_Row1Member528000000JPY
Dividend per share dividends of surplusFilingDateInstant_Row1Member22.00
Number of male directors and other officersFilingDateInstant11
Number of female directors and other officersFilingDateInstant1
Ratio of female directors and other officersFilingDateInstant0.083

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