Annual report

Period2025-03-01 → 2026-02-28

Filed2026-05-21

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 143

Metric	Value	Period	Scope	Source row
Revenue	¥29.9bn	2025-03-01 → 2026-02-28	Cons.	Net sales
Revenue	¥25.7bn	2024-03-01 → 2025-02-28	Cons.	Net sales
Revenue	¥22.4bn	2023-03-01 → 2024-02-29^v	Cons.	Net sales (5-year summary)
Revenue	¥19.4bn	2022-03-01 → 2023-02-28^v	Cons.	Net sales (5-year summary)
Revenue	¥16.4bn	2021-03-01 → 2022-02-28^d	Cons.	Net sales (5-year summary)
Operating income	¥1.9bn	2025-03-01 → 2026-02-28	Cons.	Operating income
Operating income	¥1.5bn	2024-03-01 → 2025-02-28	Cons.	Operating income
Ordinary income	¥1.9bn	2025-03-01 → 2026-02-28	Cons.	Ordinary income
Ordinary income	¥1.6bn	2024-03-01 → 2025-02-28	Cons.	Ordinary income
Ordinary income	¥1.3bn	2023-03-01 → 2024-02-29^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥1.1bn	2022-03-01 → 2023-02-28^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥923m	2021-03-01 → 2022-02-28^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥1.9bn	2025-03-01 → 2026-02-28	Cons.	Income before income taxes
Profit before tax	¥1.5bn	2024-03-01 → 2025-02-28	Cons.	Income before income taxes
Net income (owners)	¥1.2bn	2025-03-01 → 2026-02-28	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥1.0bn	2024-03-01 → 2025-02-28	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥862m	2023-03-01 → 2024-02-29^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥688m	2022-03-01 → 2023-02-28^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥571m	2021-03-01 → 2022-02-28^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥1.2bn	2025-03-01 → 2026-02-28	Cons.	Profit loss
Net income	¥1.0bn	2024-03-01 → 2025-02-28	Cons.	Profit loss
Total assets	¥11.1bn	at 2026-02-28	Cons.	Assets
Total assets	¥9.1bn	at 2025-02-28	Cons.	Assets
Total assets	¥8.3bn	at 2024-02-29^v	Cons.	Total assets (5-year summary)
Total assets	¥7.1bn	at 2023-02-28^v	Cons.	Total assets (5-year summary)
Total assets	¥6.7bn	at 2022-02-28^d	Cons.	Total assets (5-year summary)
Total liabilities	¥6.5bn	at 2026-02-28	Cons.	Liabilities
Total liabilities	¥5.5bn	at 2025-02-28	Cons.	Liabilities
Net assets / equity	¥4.6bn	at 2026-02-28	Cons.	Net assets
Net assets / equity	¥3.6bn	at 2025-02-28	Cons.	Net assets
Net assets / equity	¥3.7bn	at 2024-02-29^v	Cons.	Net assets
Net assets / equity	¥3.0bn	at 2023-02-28^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥2.7bn	at 2022-02-28^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥4.7bn	at 2026-02-28	Cons.	Cash and deposits
Cash and deposits	¥4.1bn	at 2025-02-28	Cons.	Cash and deposits
Cash & equivalents	¥4.7bn	at 2026-02-28	Cons.	Cash and cash equivalents
Cash & equivalents	¥4.2bn	at 2025-02-28	Cons.	Cash and cash equivalents
Cash & equivalents	¥4.1bn	at 2024-02-29^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥3.4bn	at 2023-02-28^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥3.5bn	at 2022-02-28^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥1.9bn	2025-03-01 → 2026-02-28	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥1.4bn	2024-03-01 → 2025-02-28	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥1.3bn	2023-03-01 → 2024-02-29^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥766m	2022-03-01 → 2023-02-28^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥1.2bn	2021-03-01 → 2022-02-28^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥578m	2025-03-01 → 2026-02-28	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥360m	2024-03-01 → 2025-02-28	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥143m	2023-03-01 → 2024-02-29^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥198m	2022-03-01 → 2023-02-28^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	¥22m	2021-03-01 → 2022-02-28^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥769m	2025-03-01 → 2026-02-28	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥1.1bn	2024-03-01 → 2025-02-28	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥397m	2023-03-01 → 2024-02-29^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥701m	2022-03-01 → 2023-02-28^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥421m	2021-03-01 → 2022-02-28^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥65.51	2025-03-01 → 2026-02-28	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥52.86	2024-03-01 → 2025-02-28	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥43.14	2023-03-01 → 2024-02-29^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥34.36	2022-03-01 → 2023-02-28^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥27.23	2021-03-01 → 2022-02-28^d	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥245.56	at 2026-02-28	Cons.	Net assets per share (5-year summary)
Net assets per share	¥187.81	at 2025-02-28	Cons.	Net assets per share (5-year summary)
Net assets per share	¥183.7	at 2024-02-29^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥148.14	at 2023-02-28^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥132.55	at 2022-02-28^d	Cons.	Net assets per share (5-year summary)
Equity ratio	41.8%	at 2026-02-28	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	39.2%	at 2025-02-28	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	44.2%	at 2024-02-29^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	41.9%	at 2023-02-28^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	40.1%	at 2022-02-28^d	Cons.	Equity to asset ratio (5-year summary)
ROE	30.3%	2025-03-01 → 2026-02-28	Cons.	Rate of return on equity (5-year summary)
ROE	28.6%	2024-03-01 → 2025-02-28	Cons.	Rate of return on equity (5-year summary)
ROE	26.0%	2023-03-01 → 2024-02-29^v	Cons.	Rate of return on equity (5-year summary)
ROE	24.3%	2022-03-01 → 2023-02-28^v	Cons.	Rate of return on equity (5-year summary)
ROE	20.5%	2021-03-01 → 2022-02-28^d	Cons.	Rate of return on equity (5-year summary)
Employees	326	at 2026-02-28	Cons.	Number of employees
Employees	295	at 2025-02-28	Cons.	Number of employees
Employees	276	at 2024-02-29^v	Cons.	Number of employees
Employees	253	at 2023-02-28^v	Cons.	Number of employees
Employees	217	at 2022-02-28^d	Cons.	Number of employees
Revenue	¥1.5bn	2025-03-01 → 2026-02-28	Standalone	Net sales
Revenue	¥1.6bn	2024-03-01 → 2025-02-28	Standalone	Net sales
Revenue	¥796m	2023-03-01 → 2024-02-29^v	Standalone	Net sales (5-year summary)
Revenue	¥969m	2022-03-01 → 2023-02-28^v	Standalone	Net sales (5-year summary)
Revenue	¥1.2bn	2021-03-01 → 2022-02-28^d	Standalone	Net sales (5-year summary)
Operating income	¥997m	2025-03-01 → 2026-02-28	Standalone	Operating income
Operating income	¥1.2bn	2024-03-01 → 2025-02-28	Standalone	Operating income
Ordinary income	¥1.0bn	2025-03-01 → 2026-02-28	Standalone	Ordinary income
Ordinary income	¥1.2bn	2024-03-01 → 2025-02-28	Standalone	Ordinary income
Ordinary income	¥350m	2023-03-01 → 2024-02-29^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥591m	2022-03-01 → 2023-02-28^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥873m	2021-03-01 → 2022-02-28^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥1.0bn	2025-03-01 → 2026-02-28	Standalone	Income before income taxes
Profit before tax	¥1.2bn	2024-03-01 → 2025-02-28	Standalone	Income before income taxes
Net income	¥973m	2025-03-01 → 2026-02-28	Standalone	Profit loss
Net income	¥1.2bn	2024-03-01 → 2025-02-28	Standalone	Profit loss
Net income	¥352m	2023-03-01 → 2024-02-29^v	Standalone	Net income loss (5-year summary)
Net income	¥563m	2022-03-01 → 2023-02-28^v	Standalone	Net income loss (5-year summary)
Net income	¥838m	2021-03-01 → 2022-02-28^d	Standalone	Net income loss (5-year summary)
Total assets	¥3.8bn	at 2026-02-28	Standalone	Assets
Total assets	¥2.9bn	at 2025-02-28	Standalone	Assets
Total assets	¥2.7bn	at 2024-02-29^v	Standalone	Total assets (5-year summary)
Total assets	¥2.6bn	at 2023-02-28^v	Standalone	Total assets (5-year summary)
Total assets	¥2.7bn	at 2022-02-28^d	Standalone	Total assets (5-year summary)
Total liabilities	¥1.0bn	at 2026-02-28	Standalone	Liabilities
Total liabilities	¥951m	at 2025-02-28	Standalone	Liabilities
Net assets / equity	¥2.8bn	at 2026-02-28	Standalone	Net assets
Net assets / equity	¥2.0bn	at 2025-02-28	Standalone	Net assets
Net assets / equity	¥1.9bn	at 2024-02-29^v	Standalone	Net assets
Net assets / equity	¥1.7bn	at 2023-02-28^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥1.6bn	at 2022-02-28^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥1.1bn	at 2026-02-28	Standalone	Cash and deposits
Cash and deposits	¥1.1bn	at 2025-02-28	Standalone	Cash and deposits
EPS (basic)	¥51.43	2025-03-01 → 2026-02-28	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥59.56	2024-03-01 → 2025-02-28	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥17.63	2023-03-01 → 2024-02-29^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥28.09	2022-03-01 → 2023-02-28^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥39.97	2021-03-01 → 2022-02-28^d	Standalone	Basic earnings loss per share (5-year summary)
Dividend per share	¥20	2025-03-01 → 2026-02-28	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥32	2024-03-01 → 2025-02-28	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥27	2023-03-01 → 2024-02-29^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥23	2022-03-01 → 2023-02-28^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥19	2021-03-01 → 2022-02-28^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥146.99	at 2026-02-28	Standalone	Net assets per share (5-year summary)
Net assets per share	¥103.48	at 2025-02-28	Standalone	Net assets per share (5-year summary)
Net assets per share	¥97.39	at 2024-02-29^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥87.17	at 2023-02-28^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥79.17	at 2022-02-28^d	Standalone	Net assets per share (5-year summary)
Equity ratio	73.5%	at 2026-02-28	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	67.3%	at 2025-02-28	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	70.9%	at 2024-02-29^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	66.6%	at 2023-02-28^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	60.5%	at 2022-02-28^d	Standalone	Equity to asset ratio (5-year summary)
ROE	41.1%	2025-03-01 → 2026-02-28	Standalone	Rate of return on equity (5-year summary)
ROE	59.6%	2024-03-01 → 2025-02-28	Standalone	Rate of return on equity (5-year summary)
ROE	19.1%	2023-03-01 → 2024-02-29^v	Standalone	Rate of return on equity (5-year summary)
ROE	33.5%	2022-03-01 → 2023-02-28^v	Standalone	Rate of return on equity (5-year summary)
ROE	53.7%	2021-03-01 → 2022-02-28^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	21,666,000	at 2026-02-28	Standalone	Total number of issued shares (5-year summary)
Shares issued	10,833,000	at 2025-02-28	Standalone	Total number of issued shares (5-year summary)
Shares issued	10,833,000	at 2024-02-29^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	10,833,000	at 2023-02-28^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	10,833,000	at 2022-02-28^d	Standalone	Total number of issued shares (5-year summary)

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.

All source rows · 1,217

Item	Context	Value	Unit
Treasury stock	CurrentYearInstant	-1913844000	JPY
Shareholders equity	Prior1YearInstant	3571408000	JPY
Shareholders equity	CurrentYearInstant	4420400000	JPY
Valuation difference on available for sale securities	Prior1YearInstant	-19316000	JPY
Valuation difference on available for sale securities	CurrentYearInstant	216705000	JPY
Valuation and translation adjustments	Prior1YearInstant	-19316000	JPY
Valuation and translation adjustments	CurrentYearInstant	216705000	JPY
Net assets	Prior1YearInstant	3552091000	JPY
Net assets	CurrentYearInstant	4637105000	JPY
Liabilities and net assets	Prior1YearInstant	9066441000	JPY
Liabilities and net assets	CurrentYearInstant	11088642000	JPY
Net sales	Prior1YearDuration	25707509000	JPY
Net sales	CurrentYearDuration	29946500000	JPY
Cost of sales	Prior1YearDuration	19868238000	JPY
Cost of sales	CurrentYearDuration	23087358000	JPY
Gross profit	Prior1YearDuration	5839270000	JPY
Gross profit	CurrentYearDuration	6859141000	JPY
Selling general and administrative expenses	Prior1YearDuration	4304959000	JPY
Selling general and administrative expenses	CurrentYearDuration	5001710000	JPY
Operating income	Prior1YearDuration	1534311000	JPY
Operating income	CurrentYearDuration	1857431000	JPY
Interest income noi	Prior1YearDuration	1932000	JPY
Interest income noi	CurrentYearDuration	6585000	JPY
Dividends income noi	Prior1YearDuration	4980000	JPY
Dividends income noi	CurrentYearDuration	9890000	JPY
Insurance premiums refunded cancellation noi	Prior1YearDuration	24178000	JPY
Insurance premiums refunded cancellation noi	CurrentYearDuration	27695000	JPY
Other noi	Prior1YearDuration	1062000	JPY
Other noi	CurrentYearDuration	981000	JPY
Non operating income	Prior1YearDuration	32153000	JPY
Non operating income	CurrentYearDuration	45153000	JPY
Interest expenses noe	Prior1YearDuration	3046000	JPY
Interest expenses noe	CurrentYearDuration	4602000	JPY
Commission for purchase of treasury stock noe	Prior1YearDuration	1227000	JPY
Commission for purchase of treasury stock noe	CurrentYearDuration	435000	JPY
Other noe	Prior1YearDuration	105000	JPY
Other noe	CurrentYearDuration	301000	JPY
Non operating expenses	Prior1YearDuration	4380000	JPY
Non operating expenses	CurrentYearDuration	5338000	JPY
Ordinary income	Prior1YearDuration	1562085000	JPY
Ordinary income	CurrentYearDuration	1897245000	JPY
Gain on sales of noncurrent assets ei	Prior1YearDuration	－	JPY
Gain on sales of noncurrent assets ei	CurrentYearDuration	188000	JPY
Extraordinary income	Prior1YearDuration	－	JPY
Extraordinary income	CurrentYearDuration	188000	JPY
Head office transfer cost el	Prior1YearDuration	20065000	JPY
Head office transfer cost el	CurrentYearDuration	－	JPY
Loss on sales of noncurrent assets el	Prior1YearDuration	－	JPY
Loss on sales of noncurrent assets el	CurrentYearDuration	29000	JPY
Loss on retirement of noncurrent assets el	Prior1YearDuration	－	JPY

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 identity	consolidated 2025-02-28	pass
balance sheet identity	consolidated 2026-02-28	pass rounding
balance sheet identity	non_consolidated 2025-02-28	pass rounding
balance sheet identity	non_consolidated 2026-02-28	pass rounding
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2024-02-29	pass
statement vs summary · net assets	consolidated 2025-02-28	pass
statement vs summary · net assets	consolidated 2026-02-28	pass
statement vs summary · net assets	non_consolidated 2024-02-29	pass
statement vs summary · net assets	non_consolidated 2025-02-28	pass
statement vs summary · net assets	non_consolidated 2026-02-28	pass
statement vs summary · net income attributable to parent	consolidated 2024-03-01/2025-02-28	pass
statement vs summary · net income attributable to parent	consolidated 2025-03-01/2026-02-28	pass
statement vs summary · operating cash flow	consolidated 2024-03-01/2025-02-28	pass
statement vs summary · operating cash flow	consolidated 2025-03-01/2026-02-28	pass
statement vs summary · revenue	consolidated 2024-03-01/2025-02-28	pass
statement vs summary · revenue	consolidated 2025-03-01/2026-02-28	pass
statement vs summary · revenue	non_consolidated 2024-03-01/2025-02-28	pass
statement vs summary · revenue	non_consolidated 2025-03-01/2026-02-28	pass
statement vs summary · total assets	consolidated 2025-02-28	pass
statement vs summary · total assets	consolidated 2026-02-28	pass
statement vs summary · total assets	non_consolidated 2025-02-28	pass
statement vs summary · total assets	non_consolidated 2026-02-28	pass