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
Gross profit	Prior1YearDuration_NonConsolidatedMember	1641156000	JPY
Gross profit	CurrentYearDuration_NonConsolidatedMember	1539569000	JPY
Selling general and administrative expenses	Prior1YearDuration_NonConsolidatedMember	456290000	JPY
Selling general and administrative expenses	CurrentYearDuration_NonConsolidatedMember	542092000	JPY
Operating income	Prior1YearDuration_NonConsolidatedMember	1184866000	JPY
Operating income	CurrentYearDuration_NonConsolidatedMember	997476000	JPY
Interest income noi	Prior1YearDuration_NonConsolidatedMember	1395000	JPY
Interest income noi	CurrentYearDuration_NonConsolidatedMember	5028000	JPY
Dividends income noi	Prior1YearDuration_NonConsolidatedMember	4980000	JPY
Dividends income noi	CurrentYearDuration_NonConsolidatedMember	9890000	JPY
Insurance premiums refunded cancellation noi	Prior1YearDuration_NonConsolidatedMember	24178000	JPY
Insurance premiums refunded cancellation noi	CurrentYearDuration_NonConsolidatedMember	27695000	JPY
Other noi	Prior1YearDuration_NonConsolidatedMember	212000	JPY
Other noi	CurrentYearDuration_NonConsolidatedMember	250000	JPY
Non operating income	Prior1YearDuration_NonConsolidatedMember	30766000	JPY
Non operating income	CurrentYearDuration_NonConsolidatedMember	42864000	JPY
Interest expenses noe	Prior1YearDuration_NonConsolidatedMember	2798000	JPY
Interest expenses noe	CurrentYearDuration_NonConsolidatedMember	4327000	JPY
Commission for purchase of treasury stock noe	Prior1YearDuration_NonConsolidatedMember	1227000	JPY
Commission for purchase of treasury stock noe	CurrentYearDuration_NonConsolidatedMember	435000	JPY
Other noe	Prior1YearDuration_NonConsolidatedMember	105000	JPY
Other noe	CurrentYearDuration_NonConsolidatedMember	280000	JPY
Non operating expenses	Prior1YearDuration_NonConsolidatedMember	4131000	JPY
Non operating expenses	CurrentYearDuration_NonConsolidatedMember	5043000	JPY
Ordinary income	Prior1YearDuration_NonConsolidatedMember	1211501000	JPY
Ordinary income	CurrentYearDuration_NonConsolidatedMember	1035297000	JPY
Head office transfer cost el	Prior1YearDuration_NonConsolidatedMember	1208000	JPY
Head office transfer cost el	CurrentYearDuration_NonConsolidatedMember	－	JPY
Loss on sales of noncurrent assets el	Prior1YearDuration_NonConsolidatedMember	－	JPY
Loss on sales of noncurrent assets el	CurrentYearDuration_NonConsolidatedMember	29000	JPY
Loss on valuation of stocks of subsidiaries and affiliates el	Prior1YearDuration_NonConsolidatedMember	－	JPY
Loss on valuation of stocks of subsidiaries and affiliates el	CurrentYearDuration_NonConsolidatedMember	10000000	JPY
Extraordinary loss	Prior1YearDuration_NonConsolidatedMember	1208000	JPY
Extraordinary loss	CurrentYearDuration_NonConsolidatedMember	10029000	JPY
Income before income taxes	Prior1YearDuration_NonConsolidatedMember	1210292000	JPY
Income before income taxes	CurrentYearDuration_NonConsolidatedMember	1025268000	JPY
Income taxes current	Prior1YearDuration_NonConsolidatedMember	54421000	JPY
Income taxes current	CurrentYearDuration_NonConsolidatedMember	76190000	JPY
Income taxes deferred	Prior1YearDuration_NonConsolidatedMember	-8192000	JPY
Income taxes deferred	CurrentYearDuration_NonConsolidatedMember	-24005000	JPY
Income taxes	Prior1YearDuration_NonConsolidatedMember	46228000	JPY
Income taxes	CurrentYearDuration_NonConsolidatedMember	52184000	JPY
Profit loss	Prior1YearDuration_NonConsolidatedMember	1164064000	JPY
Profit loss	CurrentYearDuration_NonConsolidatedMember	973083000	JPY
Net assets	Prior2YearInstant_NonConsolidatedMember_CapitalStockMember	236000000	JPY
Net assets	Prior2YearInstant_NonConsolidatedMember_LegalCapitalSurplusMember	194320000	JPY
Net assets	Prior2YearInstant_NonConsolidatedMember_OtherCapitalSurplusMember	533015000	JPY
Net assets	Prior2YearInstant_NonConsolidatedMember_CapitalSurplusMember	727336000	JPY
Net assets	Prior2YearInstant_NonConsolidatedMember_RetainedEarningsBroughtForwardMember	1889268000	JPY
Net assets	Prior2YearInstant_NonConsolidatedMember_RetainedEarningsMember	1889268000	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