Annual report

Period2024-04-01 → 2025-03-31
Filed2025-06-23
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 150
MetricValuePeriodScopeSource row
Revenue¥26.3bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥22.4bn2023-04-01 → 2024-03-31Cons.Net sales
Revenue¥17.3bn2022-04-01 → 2023-03-31dCons.Net sales (5-year summary)
Revenue¥15.7bn2021-04-01 → 2022-03-31dCons.Net sales (5-year summary)
Revenue¥14.0bn2020-04-01 → 2021-03-31dCons.Net sales (5-year summary)
Operating income¥5.6bn2024-04-01 → 2025-03-31Cons.Operating income
Operating income¥4.2bn2023-04-01 → 2024-03-31Cons.Operating income
Ordinary income¥5.9bn2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥4.3bn2023-04-01 → 2024-03-31Cons.Ordinary income
Ordinary income¥3.3bn2022-04-01 → 2023-03-31dCons.Ordinary income loss (5-year summary)
Ordinary income¥2.8bn2021-04-01 → 2022-03-31dCons.Ordinary income loss (5-year summary)
Ordinary income¥1.8bn2020-04-01 → 2021-03-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥5.8bn2024-04-01 → 2025-03-31Cons.Income before income taxes
Profit before tax¥4.3bn2023-04-01 → 2024-03-31Cons.Income before income taxes
Net income (owners)¥4.4bn2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥3.2bn2023-04-01 → 2024-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥2.2bn2022-04-01 → 2023-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥1.7bn2021-04-01 → 2022-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥1.2bn2020-04-01 → 2021-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥4.4bn2024-04-01 → 2025-03-31Cons.Profit loss
Net income¥3.2bn2023-04-01 → 2024-03-31Cons.Profit loss
Total assets¥19.7bnat 2025-03-31Cons.Assets
Total assets¥18.3bnat 2024-03-31Cons.Assets
Total assets¥14.5bnat 2023-03-31dCons.Total assets (5-year summary)
Total assets¥14.7bnat 2022-03-31dCons.Total assets (5-year summary)
Total assets¥10.3bnat 2021-03-31dCons.Total assets (5-year summary)
Total liabilities¥5.5bnat 2025-03-31Cons.Liabilities
Total liabilities¥5.1bnat 2024-03-31Cons.Liabilities
Net assets / equity¥14.3bnat 2025-03-31Cons.Net assets
Net assets / equity¥13.2bnat 2024-03-31Cons.Net assets
Net assets / equity¥10.9bnat 2023-03-31dCons.Net assets
Net assets / equity¥10.3bnat 2022-03-31dCons.Net assets (5-year summary)
Net assets / equity¥5.5bnat 2021-03-31dCons.Net assets (5-year summary)
Cash and deposits¥6.9bnat 2025-03-31Cons.Cash and deposits
Cash and deposits¥7.2bnat 2024-03-31Cons.Cash and deposits
Cash & equivalents¥6.9bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥7.2bnat 2024-03-31Cons.Cash and cash equivalents
Cash & equivalents¥7.1bnat 2023-03-31dCons.Cash and cash equivalents
Cash & equivalents¥7.7bnat 2022-03-31dCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥5.3bnat 2021-03-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥5.4bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥3.1bn2023-04-01 → 2024-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥2.1bn2022-04-01 → 2023-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥2.5bn2021-04-01 → 2022-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.6bn2020-04-01 → 2021-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥1.5bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.0bn2023-04-01 → 2024-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥5m2022-04-01 → 2023-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥546m2021-04-01 → 2022-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow¥285m2020-04-01 → 2021-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥4.1bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥2.0bn2023-04-01 → 2024-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥2.7bn2022-04-01 → 2023-03-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥474m2021-04-01 → 2022-03-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥784m2020-04-01 → 2021-03-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥51.932024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥38.312023-04-01 → 2024-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥26.162022-04-01 → 2023-03-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥19.812021-04-01 → 2022-03-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥15.832020-04-01 → 2021-03-31dCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥15.822020-04-01 → 2021-03-31dCons.Diluted earnings per share (5-year summary)
Net assets per share¥170.5at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥156.09at 2024-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥130.76at 2023-03-31dCons.Net assets per share (5-year summary)
Net assets per share¥121.46at 2022-03-31dCons.Net assets per share (5-year summary)
Net assets per share¥71.9at 2021-03-31dCons.Net assets per share (5-year summary)
Equity ratio72.3%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio72.1%at 2024-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio75.2%at 2023-03-31dCons.Equity to asset ratio (5-year summary)
Equity ratio70.3%at 2022-03-31dCons.Equity to asset ratio (5-year summary)
Equity ratio53.1%at 2021-03-31dCons.Equity to asset ratio (5-year summary)
ROE32.0%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE26.9%2023-04-01 → 2024-03-31Cons.Rate of return on equity (5-year summary)
ROE20.8%2022-04-01 → 2023-03-31dCons.Rate of return on equity (5-year summary)
ROE21.1%2021-04-01 → 2022-03-31dCons.Rate of return on equity (5-year summary)
ROE23.0%2020-04-01 → 2021-03-31dCons.Rate of return on equity (5-year summary)
Employees730at 2025-03-31Cons.Number of employees
Employees665at 2024-03-31Cons.Number of employees
Employees595at 2023-03-31dCons.Number of employees
Employees560at 2022-03-31dCons.Number of employees
Employees554at 2021-03-31dCons.Number of employees
Revenue¥7.6bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥5.2bn2023-04-01 → 2024-03-31StandaloneNet sales
Revenue¥5.8bn2022-04-01 → 2023-03-31dStandaloneNet sales (5-year summary)
Revenue¥9.6bn2021-04-01 → 2022-03-31dStandaloneNet sales (5-year summary)
Revenue¥13.7bn2020-04-01 → 2021-03-31dStandaloneNet sales (5-year summary)
Operating income¥3.9bn2024-04-01 → 2025-03-31StandaloneOperating income
Operating income¥1.7bn2023-04-01 → 2024-03-31StandaloneOperating income
Ordinary income¥4.2bn2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥1.8bn2023-04-01 → 2024-03-31StandaloneOrdinary income
Ordinary income¥2.6bn2022-04-01 → 2023-03-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥2.1bn2021-04-01 → 2022-03-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.8bn2020-04-01 → 2021-03-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥3.2bn2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Profit before tax¥1.8bn2023-04-01 → 2024-03-31StandaloneIncome before income taxes
Net income¥3.1bn2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥1.7bn2023-04-01 → 2024-03-31StandaloneProfit loss
Net income¥1.9bn2022-04-01 → 2023-03-31dStandaloneNet income loss (5-year summary)
Net income¥1.3bn2021-04-01 → 2022-03-31dStandaloneNet income loss (5-year summary)
Net income¥1.2bn2020-04-01 → 2021-03-31dStandaloneNet income loss (5-year summary)
Total assets¥12.8bnat 2025-03-31StandaloneAssets
Total assets¥12.8bnat 2024-03-31StandaloneAssets
Total assets¥12.3bnat 2023-03-31dStandaloneTotal assets (5-year summary)
Total assets¥12.8bnat 2022-03-31dStandaloneTotal assets (5-year summary)
Total assets¥10.2bnat 2021-03-31dStandaloneTotal assets (5-year summary)
Total liabilities¥2.0bnat 2025-03-31StandaloneLiabilities
Total liabilities¥2.0bnat 2024-03-31StandaloneLiabilities
Net assets / equity¥10.8bnat 2025-03-31StandaloneNet assets
Net assets / equity¥10.8bnat 2024-03-31StandaloneNet assets
Net assets / equity¥9.8bnat 2023-03-31dStandaloneNet assets
Net assets / equity¥9.8bnat 2022-03-31dStandaloneNet assets (5-year summary)
Net assets / equity¥5.4bnat 2021-03-31dStandaloneNet assets (5-year summary)
Cash and deposits¥2.6bnat 2025-03-31StandaloneCash and deposits
Cash and deposits¥3.5bnat 2024-03-31StandaloneCash and deposits
EPS (basic)¥37.162024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥20.182023-04-01 → 2024-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥22.22022-04-01 → 2023-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥152021-04-01 → 2022-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥16.322020-04-01 → 2021-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥16.312020-04-01 → 2021-03-31dStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥212024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥272023-04-01 → 2024-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥162022-04-01 → 2023-03-31dStandaloneDividend paid per share (5-year summary)
Dividend per share¥262021-04-01 → 2022-03-31dStandaloneDividend paid per share (5-year summary)
Dividend per share¥222020-04-01 → 2021-03-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥128.69at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥127.94at 2024-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥117.77at 2023-03-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥116.04at 2022-03-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥71.28at 2021-03-31dStandaloneNet assets per share (5-year summary)
Equity ratio84.1%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio84.5%at 2024-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio79.9%at 2023-03-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio76.7%at 2022-03-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio53.1%at 2021-03-31dStandaloneEquity to asset ratio (5-year summary)
ROE29.1%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE16.5%2023-04-01 → 2024-03-31StandaloneRate of return on equity (5-year summary)
ROE19.1%2022-04-01 → 2023-03-31dStandaloneRate of return on equity (5-year summary)
ROE16.5%2021-04-01 → 2022-03-31dStandaloneRate of return on equity (5-year summary)
ROE24.1%2020-04-01 → 2021-03-31dStandaloneRate of return on equity (5-year summary)
Shares issued89,000,000at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued45,000,000at 2024-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued46,308,600at 2023-03-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued23,154,300at 2022-03-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued21,104,300at 2021-03-31dStandaloneTotal number of issued shares (5-year summary)
Employees77at 2025-03-31StandaloneNumber of employees
Employees75at 2024-03-31StandaloneNumber of employees
Employees68at 2023-03-31dStandaloneNumber of employees
Employees73at 2022-03-31dStandaloneNumber of employees
Employees548at 2021-03-31dStandaloneNumber 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 Itemsreconcilingdepreciation2024-04-01 → 2025-03-31¥239m
Reconciling Itemsreconcilingrevenue2024-04-01 → 2025-03-31−¥180m
Reconciling Itemsreconcilingrevenue intersegment2024-04-01 → 2025-03-31−¥180m
Reconciling Itemsreconcilingsegment assetsat 2025-03-31¥7.8bn
Reconciling Itemsreconcilingsegment profit2024-04-01 → 2025-03-31−¥1.7bn
—segment totaldepreciation2024-04-01 → 2025-03-31¥5m
—segment totalrevenue2024-04-01 → 2025-03-31¥26.5bn
—segment totalrevenue external2024-04-01 → 2025-03-31¥26.3bn
—segment totalrevenue intersegment2024-04-01 → 2025-03-31¥180m
—segment totalsegment assetsat 2025-03-31¥11.9bn
—segment totalsegment profit2024-04-01 → 2025-03-31¥7.4bn
Reconciling Itemsreconcilingdepreciation2023-04-01 → 2024-03-31¥203m
Reconciling Itemsreconcilingrevenue2023-04-01 → 2024-03-31−¥139m
Reconciling Itemsreconcilingrevenue intersegment2023-04-01 → 2024-03-31−¥139m
Reconciling Itemsreconcilingsegment assetsat 2024-03-31¥7.4bn
Reconciling Itemsreconcilingsegment profit2023-04-01 → 2024-03-31−¥1.8bn
—segment totaldepreciation2023-04-01 → 2024-03-31¥360,000
—segment totalrevenue2023-04-01 → 2024-03-31¥22.5bn
—segment totalrevenue external2023-04-01 → 2024-03-31¥22.4bn
—segment totalrevenue intersegment2023-04-01 → 2024-03-31¥139m
—segment totalsegment assetsat 2024-03-31¥10.9bn
—segment totalsegment profit2023-04-01 → 2024-03-31¥6.0bn

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

All source rows · 1,429
ItemContextValueUnit
Net assets per share (5-year summary)Prior4YearInstant_NonConsolidatedMember71.28
Net assets per share (5-year summary)Prior3YearInstant_NonConsolidatedMember116.04
Net assets per share (5-year summary)Prior2YearInstant_NonConsolidatedMember117.77
Net assets per share (5-year summary)Prior1YearInstant_NonConsolidatedMember127.94
Net assets per share (5-year summary)CurrentYearInstant_NonConsolidatedMember128.69
Dividend paid per share (5-year summary)Prior4YearDuration_NonConsolidatedMember22.00
Dividend paid per share (5-year summary)Prior3YearDuration_NonConsolidatedMember26.00
Dividend paid per share (5-year summary)Prior2YearDuration_NonConsolidatedMember16.00
Dividend paid per share (5-year summary)Prior1YearDuration_NonConsolidatedMember27.00
Dividend paid per share (5-year summary)CurrentYearDuration_NonConsolidatedMember21.00
Interim dividend paid per share (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior2YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior1YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)CurrentYearDuration_NonConsolidatedMember-
Basic earnings loss per share (5-year summary)Prior4YearDuration_NonConsolidatedMember16.32
Basic earnings loss per share (5-year summary)Prior3YearDuration_NonConsolidatedMember15.00
Basic earnings loss per share (5-year summary)Prior2YearDuration_NonConsolidatedMember22.20
Basic earnings loss per share (5-year summary)Prior1YearDuration_NonConsolidatedMember20.18
Basic earnings loss per share (5-year summary)CurrentYearDuration_NonConsolidatedMember37.16
Diluted earnings per share (5-year summary)Prior4YearDuration_NonConsolidatedMember16.31
Diluted earnings per share (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)Prior2YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)Prior1YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)CurrentYearDuration_NonConsolidatedMember-
Equity to asset ratio (5-year summary)Prior4YearInstant_NonConsolidatedMember0.531
Equity to asset ratio (5-year summary)Prior3YearInstant_NonConsolidatedMember0.767
Equity to asset ratio (5-year summary)Prior2YearInstant_NonConsolidatedMember0.799
Equity to asset ratio (5-year summary)Prior1YearInstant_NonConsolidatedMember0.845
Equity to asset ratio (5-year summary)CurrentYearInstant_NonConsolidatedMember0.841
Rate of return on equity (5-year summary)Prior4YearDuration_NonConsolidatedMember0.241
Rate of return on equity (5-year summary)Prior3YearDuration_NonConsolidatedMember0.165
Rate of return on equity (5-year summary)Prior2YearDuration_NonConsolidatedMember0.191
Rate of return on equity (5-year summary)Prior1YearDuration_NonConsolidatedMember0.165
Rate of return on equity (5-year summary)CurrentYearDuration_NonConsolidatedMember0.291
Price earnings ratio (5-year summary)Prior4YearDuration_NonConsolidatedMember28.5
Price earnings ratio (5-year summary)Prior3YearDuration_NonConsolidatedMember38.4
Price earnings ratio (5-year summary)Prior2YearDuration_NonConsolidatedMember25.5
Price earnings ratio (5-year summary)Prior1YearDuration_NonConsolidatedMember43.3
Price earnings ratio (5-year summary)CurrentYearDuration_NonConsolidatedMember25.2
Payout ratio (5-year summary)Prior4YearDuration_NonConsolidatedMember0.3370
Payout ratio (5-year summary)Prior3YearDuration_NonConsolidatedMember0.4332
Payout ratio (5-year summary)Prior2YearDuration_NonConsolidatedMember0.3603
Payout ratio (5-year summary)Prior1YearDuration_NonConsolidatedMember0.6688
Payout ratio (5-year summary)CurrentYearDuration_NonConsolidatedMember0.5651
Number of employeesPrior4YearInstant_NonConsolidatedMember548
Number of employeesPrior3YearInstant_NonConsolidatedMember73
Number of employeesPrior2YearInstant_NonConsolidatedMember68
Number of employeesPrior1YearInstant_NonConsolidatedMember75
Number of employeesCurrentYearInstant_NonConsolidatedMember77

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 2024-03-31pass rounding
balance sheet identityconsolidated 2025-03-31pass rounding
balance sheet identitynon_consolidated 2024-03-31pass
balance sheet identitynon_consolidated 2025-03-31pass
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2023-03-31pass
statement vs summary · net assetsconsolidated 2024-03-31pass
statement vs summary · net assetsconsolidated 2025-03-31pass
statement vs summary · net assetsnon_consolidated 2023-03-31pass
statement vs summary · net assetsnon_consolidated 2024-03-31pass
statement vs summary · net assetsnon_consolidated 2025-03-31pass
statement vs summary · net income attributable to parentconsolidated 2023-04-01/2024-03-31pass
statement vs summary · net income attributable to parentconsolidated 2024-04-01/2025-03-31pass
statement vs summary · operating cash flowconsolidated 2023-04-01/2024-03-31pass
statement vs summary · operating cash flowconsolidated 2024-04-01/2025-03-31pass
statement vs summary · revenueconsolidated 2023-04-01/2024-03-31pass
statement vs summary · revenueconsolidated 2024-04-01/2025-03-31pass
statement vs summary · revenuenon_consolidated 2023-04-01/2024-03-31pass
statement vs summary · revenuenon_consolidated 2024-04-01/2025-03-31pass
statement vs summary · total assetsconsolidated 2024-03-31pass
statement vs summary · total assetsconsolidated 2025-03-31pass
statement vs summary · total assetsnon_consolidated 2024-03-31pass
statement vs summary · total assetsnon_consolidated 2025-03-31pass