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
Other ia	CurrentYearInstant	3755000	JPY
Intangible assets	Prior1YearInstant	91367000	JPY
Intangible assets	CurrentYearInstant	48911000	JPY
Investment securities	Prior1YearInstant	343512000	JPY
Investment securities	CurrentYearInstant	1159182000	JPY
Deferred tax assets	Prior1YearInstant	175501000	JPY
Deferred tax assets	CurrentYearInstant	207413000	JPY
Other ioa	Prior1YearInstant	206671000	JPY
Other ioa	CurrentYearInstant	257098000	JPY
Investments and other assets	Prior1YearInstant	725684000	JPY
Investments and other assets	CurrentYearInstant	1623694000	JPY
Noncurrent assets	Prior1YearInstant	1335025000	JPY
Noncurrent assets	CurrentYearInstant	2088079000	JPY
Assets	Prior1YearInstant	9066441000	JPY
Assets	CurrentYearInstant	11088642000	JPY
Accounts payable trade	Prior1YearInstant	3329998000	JPY
Accounts payable trade	CurrentYearInstant	4068359000	JPY
Current portion of long term loans payable	Prior1YearInstant	167000000	JPY
Current portion of long term loans payable	CurrentYearInstant	100000000	JPY
Lease obligations cl	Prior1YearInstant	7993000	JPY
Lease obligations cl	CurrentYearInstant	6528000	JPY
Accounts payable other	Prior1YearInstant	772489000	JPY
Accounts payable other	CurrentYearInstant	845538000	JPY
Income taxes payable	Prior1YearInstant	336466000	JPY
Income taxes payable	CurrentYearInstant	420048000	JPY
Other cl	Prior1YearInstant	162516000	JPY
Other cl	CurrentYearInstant	260514000	JPY
Current liabilities	Prior1YearInstant	4776463000	JPY
Current liabilities	CurrentYearInstant	5700989000	JPY
Long term loans payable	Prior1YearInstant	210000000	JPY
Long term loans payable	CurrentYearInstant	110000000	JPY
Deferred tax liabilities	Prior1YearInstant	－	JPY
Deferred tax liabilities	CurrentYearInstant	64925000	JPY
Lease obligations ncl	Prior1YearInstant	7855000	JPY
Lease obligations ncl	CurrentYearInstant	10029000	JPY
Asset retirement obligations ncl	Prior1YearInstant	93739000	JPY
Asset retirement obligations ncl	CurrentYearInstant	95754000	JPY
Provision for directors retirement benefits	Prior1YearInstant	426291000	JPY
Provision for directors retirement benefits	CurrentYearInstant	469836000	JPY
Noncurrent liabilities	Prior1YearInstant	737886000	JPY
Noncurrent liabilities	CurrentYearInstant	750546000	JPY
Liabilities	Prior1YearInstant	5514350000	JPY
Liabilities	CurrentYearInstant	6451536000	JPY
Capital stock	Prior1YearInstant	236000000	JPY
Capital stock	CurrentYearInstant	236000000	JPY
Capital surplus	Prior1YearInstant	727336000	JPY
Capital surplus	CurrentYearInstant	783098000	JPY
Retained earnings	Prior1YearInstant	4378262000	JPY
Retained earnings	CurrentYearInstant	5315146000	JPY
Treasury stock	Prior1YearInstant	-1770190000	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