Annual report

Period2025-03-01 → 2026-02-28
Filed2026-05-26
StandardIFRS
ConsolidatedYes
Data checks19 of 19 passed
Key figures · 156
MetricValuePeriodScopeSource row
Revenue¥148.3bn2025-03-01 → 2026-02-28Cons.Revenue IFRS
Revenue¥116.1bn2024-03-01 → 2025-02-28Cons.Revenue IFRS
Revenue¥93.9bn2023-03-01 → 2024-02-29vCons.Revenue IFRS (5-year summary)
Revenue¥76.1bn2022-03-01 → 2023-02-28vCons.Revenue IFRS (5-year summary)
Revenue¥57.6bn2021-03-01 → 2022-02-28vCons.Revenue IFRS (5-year summary)
Operating income¥50.9bn2025-03-01 → 2026-02-28Cons.Operating profit loss IFRS
Operating income¥42.6bn2024-03-01 → 2025-02-28Cons.Operating profit loss IFRS
Profit before tax¥51.0bn2025-03-01 → 2026-02-28Cons.Profit loss before tax IFRS
Profit before tax¥42.5bn2024-03-01 → 2025-02-28Cons.Profit loss before tax IFRS
Profit before tax¥34.2bn2023-03-01 → 2024-02-29vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax¥29.9bn2022-03-01 → 2023-02-28vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax¥21.5bn2021-03-01 → 2022-02-28vCons.Profit loss before tax IFRS (5-year summary)
Net income (owners)¥37.8bn2025-03-01 → 2026-02-28Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥30.8bn2024-03-01 → 2025-02-28Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥25.4bn2023-03-01 → 2024-02-29vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥21.9bn2022-03-01 → 2023-02-28vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥15.5bn2021-03-01 → 2022-02-28vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income¥37.8bn2025-03-01 → 2026-02-28Cons.Profit loss IFRS
Net income¥30.8bn2024-03-01 → 2025-02-28Cons.Profit loss IFRS
Total assets¥157.5bnat 2026-02-28Cons.Assets IFRS
Total assets¥124.7bnat 2025-02-28Cons.Assets IFRS
Total assets¥99.9bnat 2024-02-29vCons.Total assets IFRS (5-year summary)
Total assets¥75.3bnat 2023-02-28vCons.Total assets IFRS (5-year summary)
Total assets¥58.1bnat 2022-02-28vCons.Total assets IFRS (5-year summary)
Total liabilities¥40.4bnat 2026-02-28Cons.Liabilities IFRS
Total liabilities¥30.3bnat 2025-02-28Cons.Liabilities IFRS
Net assets / equity¥117.0bnat 2026-02-28Cons.Equity IFRS
Net assets / equity¥94.4bnat 2025-02-28Cons.Equity IFRS
Net assets / equity¥74.1bnat 2024-02-29vCons.Equity IFRS
Equity (owners)¥117.0bnat 2026-02-28Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥94.4bnat 2025-02-28Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥74.1bnat 2024-02-29vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥57.3bnat 2023-02-28vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥41.7bnat 2022-02-28vCons.Equity attributable to owners of parent IFRS (5-year summary)
Cash & equivalents¥72.3bnat 2026-02-28Cons.Cash and cash equivalents IFRS
Cash & equivalents¥60.6bnat 2025-02-28Cons.Cash and cash equivalents IFRS
Cash & equivalents¥45.8bnat 2024-02-29vCons.Cash and cash equivalents IFRS
Cash & equivalents¥36.6bnat 2023-02-28vCons.Cash and cash equivalents IFRS (5-year summary)
Cash & equivalents¥26.1bnat 2022-02-28vCons.Cash and cash equivalents IFRS (5-year summary)
Operating cash flow¥37.6bn2025-03-01 → 2026-02-28Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥32.6bn2024-03-01 → 2025-02-28Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥24.3bn2023-03-01 → 2024-02-29vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥21.6bn2022-03-01 → 2023-02-28vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥16.0bn2021-03-01 → 2022-02-28vCons.Cash flows from used in operating activities IFRS (5-year summary)
Investing cash flow−¥6.5bn2025-03-01 → 2026-02-28Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥3.5bn2024-03-01 → 2025-02-28Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥3.8bn2023-03-01 → 2024-02-29vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥2.3bn2022-03-01 → 2023-02-28vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥147m2021-03-01 → 2022-02-28vCons.Cash flows from used in investing activities IFRS (5-year summary)
Financing cash flow−¥19.4bn2025-03-01 → 2026-02-28Cons.Net cash provided by used in financing activities IFRS
Financing cash flow−¥14.3bn2024-03-01 → 2025-02-28Cons.Net cash provided by used in financing activities IFRS
Financing cash flow−¥11.4bn2023-03-01 → 2024-02-29vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow−¥8.8bn2022-03-01 → 2023-02-28vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow−¥6.1bn2021-03-01 → 2022-02-28vCons.Cash flows from used in financing activities IFRS (5-year summary)
EPS (basic)¥249.162025-03-01 → 2026-02-28Cons.Basic earnings loss per share IFRS
EPS (basic)¥202.162024-03-01 → 2025-02-28Cons.Basic earnings loss per share IFRS
EPS (basic)¥166.042023-03-01 → 2024-02-29vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥142.962022-03-01 → 2023-02-28vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥101.392021-03-01 → 2022-02-28vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (diluted)¥101.122021-03-01 → 2022-02-28vCons.Diluted earnings loss per share IFRS (5-year summary)
Net assets per share¥770.73at 2026-02-28Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥620.82at 2025-02-28Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥485.18at 2024-02-29vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥374.2at 2023-02-28vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥271.59at 2022-02-28vCons.Equity to asset ratio IFRS (5-year summary)
Equity ratio74.3%at 2026-02-28Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio75.7%at 2025-02-28Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio74.2%at 2024-02-29vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio76.2%at 2023-02-28vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio71.7%at 2022-02-28vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
ROE35.8%2025-03-01 → 2026-02-28Cons.Rate of return on equity IFRS (5-year summary)
ROE36.5%2024-03-01 → 2025-02-28Cons.Rate of return on equity IFRS (5-year summary)
ROE38.6%2023-03-01 → 2024-02-29vCons.Rate of return on equity IFRS (5-year summary)
ROE44.2%2022-03-01 → 2023-02-28vCons.Rate of return on equity IFRS (5-year summary)
ROE43.3%2021-03-01 → 2022-02-28vCons.Rate of return on equity IFRS (5-year summary)
Employees6,788at 2026-02-28Cons.Number of employees
Employees5,467at 2025-02-28Cons.Number of employees
Employees4,321at 2024-02-29vCons.Number of employees
Employees3,310at 2023-02-28vCons.Number of employees
Employees2,638at 2022-02-28vCons.Number of employees
Operating income¥5.7bn2025-03-01 → 2026-02-28StandaloneOperating income
Operating income¥18.5bn2024-03-01 → 2025-02-28StandaloneOperating income
Ordinary income¥5.8bn2025-03-01 → 2026-02-28StandaloneOrdinary income
Ordinary income¥18.5bn2024-03-01 → 2025-02-28StandaloneOrdinary income
Ordinary income¥33.5bn2023-03-01 → 2024-02-29vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥29.0bn2022-03-01 → 2023-02-28vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥20.6bn2021-03-01 → 2022-02-28vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥5.8bn2025-03-01 → 2026-02-28StandaloneIncome before income taxes
Profit before tax¥18.5bn2024-03-01 → 2025-02-28StandaloneIncome before income taxes
Net income¥6.1bn2025-03-01 → 2026-02-28StandaloneProfit loss
Net income¥13.3bn2024-03-01 → 2025-02-28StandaloneProfit loss
Net income¥24.6bn2023-03-01 → 2024-02-29vStandaloneNet income loss (5-year summary)
Net income¥21.0bn2022-03-01 → 2023-02-28vStandaloneNet income loss (5-year summary)
Net income¥14.7bn2021-03-01 → 2022-02-28vStandaloneNet income loss (5-year summary)
Total assets¥77.5bnat 2026-02-28StandaloneAssets
Total assets¥91.9bnat 2025-02-28StandaloneAssets
Total assets¥84.2bnat 2024-02-29vStandaloneTotal assets (5-year summary)
Total assets¥66.6bnat 2023-02-28vStandaloneTotal assets (5-year summary)
Total assets¥50.3bnat 2022-02-28vStandaloneTotal assets (5-year summary)
Total liabilities¥16.7bnat 2026-02-28StandaloneLiabilities
Total liabilities¥22.3bnat 2025-02-28StandaloneLiabilities
Net assets / equity¥60.8bnat 2026-02-28StandaloneNet assets
Net assets / equity¥69.7bnat 2025-02-28StandaloneNet assets
Net assets / equity¥66.5bnat 2024-02-29vStandaloneNet assets
Net assets / equity¥50.4bnat 2023-02-28vStandaloneNet assets (5-year summary)
Net assets / equity¥35.5bnat 2022-02-28vStandaloneNet assets (5-year summary)
Cash and deposits¥13.8bnat 2026-02-28StandaloneCash and deposits
Cash and deposits¥30.2bnat 2025-02-28StandaloneCash and deposits
Cash & equivalents¥45.8bnat 2024-02-29vStandaloneCash and cash equivalents (5-year summary)
Cash & equivalents¥36.6bnat 2023-02-28vStandaloneCash and cash equivalents (5-year summary)
Cash & equivalents¥26.1bnat 2022-02-28vStandaloneCash and cash equivalents (5-year summary)
Operating cash flow¥23.3bn2023-03-01 → 2024-02-29vStandaloneNet cash provided by used in operating activities (5-year summary)
Operating cash flow¥20.7bn2022-03-01 → 2023-02-28vStandaloneNet cash provided by used in operating activities (5-year summary)
Operating cash flow¥15.3bn2021-03-01 → 2022-02-28vStandaloneNet cash provided by used in operating activities (5-year summary)
Investing cash flow−¥3.8bn2023-03-01 → 2024-02-29vStandaloneNet cash provided by used in investing activities (5-year summary)
Investing cash flow−¥2.3bn2022-03-01 → 2023-02-28vStandaloneNet cash provided by used in investing activities (5-year summary)
Investing cash flow−¥147m2021-03-01 → 2022-02-28vStandaloneNet cash provided by used in investing activities (5-year summary)
Financing cash flow−¥10.4bn2023-03-01 → 2024-02-29vStandaloneNet cash provided by used in financing activities (5-year summary)
Financing cash flow−¥7.9bn2022-03-01 → 2023-02-28vStandaloneNet cash provided by used in financing activities (5-year summary)
Financing cash flow−¥5.4bn2021-03-01 → 2022-02-28vStandaloneNet cash provided by used in financing activities (5-year summary)
EPS (basic)¥39.922025-03-01 → 2026-02-28StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥87.612024-03-01 → 2025-02-28StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥161.252023-03-01 → 2024-02-29vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥137.182022-03-01 → 2023-02-28vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥95.692021-03-01 → 2022-02-28vStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥95.442021-03-01 → 2022-02-28vStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥1002025-03-01 → 2026-02-28StandaloneDividend paid per share (5-year summary)
Dividend per share¥622024-03-01 → 2025-02-28StandaloneDividend paid per share (5-year summary)
Dividend per share¥432023-03-01 → 2024-02-29vStandaloneDividend paid per share (5-year summary)
Dividend per share¥1632022-03-01 → 2023-02-28vStandaloneDividend paid per share (5-year summary)
Dividend per share¥2602021-03-01 → 2022-02-28vStandaloneDividend paid per share (5-year summary)
Net assets per share¥400.53at 2026-02-28StandaloneNet assets per share (5-year summary)
Net assets per share¥458.05at 2025-02-28StandaloneNet assets per share (5-year summary)
Net assets per share¥435.17at 2024-02-29vStandaloneNet assets per share (5-year summary)
Net assets per share¥329.03at 2023-02-28vStandaloneNet assets per share (5-year summary)
Net assets per share¥231.42at 2022-02-28vStandaloneNet assets per share (5-year summary)
Equity ratio78.5%at 2026-02-28StandaloneEquity to asset ratio (5-year summary)
Equity ratio75.8%at 2025-02-28StandaloneEquity to asset ratio (5-year summary)
Equity ratio78.9%at 2024-02-29vStandaloneEquity to asset ratio (5-year summary)
Equity ratio75.7%at 2023-02-28vStandaloneEquity to asset ratio (5-year summary)
Equity ratio70.7%at 2022-02-28vStandaloneEquity to asset ratio (5-year summary)
ROE9.3%2025-03-01 → 2026-02-28StandaloneRate of return on equity (5-year summary)
ROE19.6%2024-03-01 → 2025-02-28StandaloneRate of return on equity (5-year summary)
ROE42.2%2023-03-01 → 2024-02-29vStandaloneRate of return on equity (5-year summary)
ROE48.9%2022-03-01 → 2023-02-28vStandaloneRate of return on equity (5-year summary)
ROE48.9%2021-03-01 → 2022-02-28vStandaloneRate of return on equity (5-year summary)
Shares issued155,411,410at 2026-02-28StandaloneTotal number of issued shares (5-year summary)
Shares issued155,411,410at 2025-02-28StandaloneTotal number of issued shares (5-year summary)
Shares issued155,411,410at 2024-02-29vStandaloneTotal number of issued shares (5-year summary)
Shares issued155,411,410at 2023-02-28vStandaloneTotal number of issued shares (5-year summary)
Shares issued15,541,141at 2022-02-28vStandaloneTotal number of issued shares (5-year summary)
Employees866at 2026-02-28StandaloneNumber of employees
Employees593at 2025-02-28StandaloneNumber of employees
Employees4,321at 2024-02-29vStandaloneNumber of employees
Employees3,310at 2023-02-28vStandaloneNumber of employees
Employees2,638at 2022-02-28vStandaloneNumber 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 · 1
SegmentItemPeriodValue
—segment totalemployeesat 2026-02-286788 pure

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

All source rows · 1,305
ItemContextValueUnit
Net cash provided by used in investing activities (5-year summary)CurrentYearDuration_NonConsolidatedMember-JPY
Net cash provided by used in financing activities (5-year summary)Prior4YearDuration_NonConsolidatedMember-5390000000JPY
Net cash provided by used in financing activities (5-year summary)Prior3YearDuration_NonConsolidatedMember-7919000000JPY
Net cash provided by used in financing activities (5-year summary)Prior2YearDuration_NonConsolidatedMember-10353000000JPY
Net cash provided by used in financing activities (5-year summary)Prior1YearDuration_NonConsolidatedMember-JPY
Net cash provided by used in financing activities (5-year summary)CurrentYearDuration_NonConsolidatedMember-JPY
Cash and cash equivalents (5-year summary)Prior4YearInstant_NonConsolidatedMember26056000000JPY
Cash and cash equivalents (5-year summary)Prior3YearInstant_NonConsolidatedMember36606000000JPY
Cash and cash equivalents (5-year summary)Prior2YearInstant_NonConsolidatedMember45778000000JPY
Cash and cash equivalents (5-year summary)Prior1YearInstant_NonConsolidatedMember-JPY
Cash and cash equivalents (5-year summary)CurrentYearInstant_NonConsolidatedMember-JPY
Number of employeesPrior4YearInstant_NonConsolidatedMember2638
Number of employeesPrior3YearInstant_NonConsolidatedMember3310
Number of employeesPrior2YearInstant_NonConsolidatedMember4321
Number of employeesPrior1YearInstant_NonConsolidatedMember593
Number of employeesCurrentYearInstant_NonConsolidatedMember866
Total shareholder returnPrior4YearInstant_NonConsolidatedMember2.127
Total shareholder returnPrior3YearInstant_NonConsolidatedMember2.525
Total shareholder returnPrior2YearInstant_NonConsolidatedMember1.614
Total shareholder returnPrior1YearInstant_NonConsolidatedMember3.055
Total shareholder returnCurrentYearInstant_NonConsolidatedMember2.226
Total return on share price indexPrior4YearInstant_NonConsolidatedMember1.034
Total return on share price indexPrior3YearInstant_NonConsolidatedMember1.122
Total return on share price indexPrior2YearInstant_NonConsolidatedMember1.544
Total return on share price indexPrior1YearInstant_NonConsolidatedMember1.584
Total return on share price indexCurrentYearInstant_NonConsolidatedMember2.384
Number of employeesCurrentYearInstant_ReportableSegmentsMember6788
Number of employeesCurrentYearInstant_NonConsolidatedMember866
Average age years information about reporting company information about employeesCurrentYearInstant_NonConsolidatedMember31.3
Average length of service years information about reporting company information about employeesCurrentYearInstant_NonConsolidatedMember3.8
Average annual salary information about reporting company information about employeesCurrentYearInstant_NonConsolidatedMember13310922JPY
Ratio of female employees in managerial positions metrics of reporting companyCurrentYearInstant_NonConsolidatedMember0.054
All employees calculated based on provisions of article714 item1 of ordinance for enforcement of act on childcare leave caregiver leave and other measures for the welfare of workers caring for children or other family members ratio of male employees taking childcare leave metrics of reporting companyCurrentYearInstant_NonConsolidatedMember0.556
All employees differences in wages between male and female employees metrics of reporting companyCurrentYearInstant_NonConsolidatedMember0.178
Regular employees differences in wages between male and female employees metrics of reporting companyCurrentYearInstant_NonConsolidatedMember0.225
Non regular employees differences in wages between male and female employees metrics of reporting companyCurrentYearInstant_NonConsolidatedMember0.762
Ratio of female employees in managerial positions metrics of consolidated subsidiariesCurrentYearInstant_Row1Member0.020
All employees ratio of male employees taking childcare leave metrics of consolidated subsidiariesCurrentYearInstant_Row1Member0.910
Regular employees ratio of male employees taking childcare leave metrics of consolidated subsidiariesCurrentYearInstant_Row1Member0.910
Non regular employees ratio of male employees taking childcare leave metrics of consolidated subsidiariesCurrentYearInstant_Row1Member-
All employees differences in wages between male and female employees metrics of consolidated subsidiariesCurrentYearInstant_Row1Member0.765
Regular employees differences in wages between male and female employees metrics of consolidated subsidiariesCurrentYearInstant_Row1Member0.784
Non regular employees differences in wages between male and female employees metrics of consolidated subsidiariesCurrentYearInstant_Row1Member0.552
Ratio of female employees in managerial positions metrics of consolidated subsidiariesCurrentYearInstant_Row2Member-
All employees ratio of male employees taking childcare leave metrics of consolidated subsidiariesCurrentYearInstant_Row2Member1.000
Regular employees ratio of male employees taking childcare leave metrics of consolidated subsidiariesCurrentYearInstant_Row2Member1.000
Non regular employees ratio of male employees taking childcare leave metrics of consolidated subsidiariesCurrentYearInstant_Row2Member-
All employees differences in wages between male and female employees metrics of consolidated subsidiariesCurrentYearInstant_Row2Member0.836
Regular employees differences in wages between male and female employees metrics of consolidated subsidiariesCurrentYearInstant_Row2Member0.844
Non regular employees differences in wages between male and female employees metrics of consolidated subsidiariesCurrentYearInstant_Row2Member0.973

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 · 19 of 19 passed
balance sheet identityconsolidated 2025-02-28pass
balance sheet identityconsolidated 2026-02-28pass
balance sheet identitynon_consolidated 2025-02-28pass
balance sheet identitynon_consolidated 2026-02-28pass
dei present pass
period resolution pass
statement vs summary · net assetsnon_consolidated 2024-02-29pass
statement vs summary · net assetsnon_consolidated 2025-02-28pass
statement vs summary · net assetsnon_consolidated 2026-02-28pass
statement vs summary · net income attributable to parentconsolidated 2024-03-01/2025-02-28pass
statement vs summary · net income attributable to parentconsolidated 2025-03-01/2026-02-28pass
statement vs summary · operating cash flowconsolidated 2024-03-01/2025-02-28pass
statement vs summary · operating cash flowconsolidated 2025-03-01/2026-02-28pass
statement vs summary · revenueconsolidated 2024-03-01/2025-02-28pass
statement vs summary · revenueconsolidated 2025-03-01/2026-02-28pass
statement vs summary · total assetsconsolidated 2025-02-28pass
statement vs summary · total assetsconsolidated 2026-02-28pass
statement vs summary · total assetsnon_consolidated 2025-02-28pass
statement vs summary · total assetsnon_consolidated 2026-02-28pass