Annual report

Period2022-04-01 → 2023-03-31

Filed2025-10-31

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Amends S100RAG8. Amended by S100WY3S (2025-10-31).

Key figures · 143

Metric	Value	Period	Scope	Source row
Revenue	¥1.3bn	2022-04-01 → 2023-03-31	Cons.	Net sales
Revenue	¥1.1bn	2021-04-01 → 2022-03-31	Cons.	Net sales
Revenue	¥919m	2020-04-01 → 2021-03-31^v	Cons.	Net sales (5-year summary)
Revenue	¥33.4bn	2019-04-01 → 2020-03-31^d	Cons.	Net sales (5-year summary)
Revenue	¥29.3bn	2018-04-01 → 2019-03-31^d	Cons.	Net sales (5-year summary)
Operating income	−¥886m	2022-04-01 → 2023-03-31	Cons.	Operating income
Operating income	−¥1.3bn	2021-04-01 → 2022-03-31	Cons.	Operating income
Ordinary income	−¥910m	2022-04-01 → 2023-03-31	Cons.	Ordinary income
Ordinary income	−¥1.3bn	2021-04-01 → 2022-03-31	Cons.	Ordinary income
Ordinary income	−¥2.0bn	2020-04-01 → 2021-03-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥135m	2019-04-01 → 2020-03-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥316m	2018-04-01 → 2019-03-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	−¥1.0bn	2022-04-01 → 2023-03-31	Cons.	Income before income taxes
Profit before tax	−¥1.6bn	2021-04-01 → 2022-03-31	Cons.	Income before income taxes
Net income (owners)	−¥1.0bn	2022-04-01 → 2023-03-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥1.6bn	2021-04-01 → 2022-03-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥2.9bn	2020-04-01 → 2021-03-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥88m	2019-04-01 → 2020-03-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥184m	2018-04-01 → 2019-03-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	−¥1.0bn	2022-04-01 → 2023-03-31	Cons.	Profit loss
Net income	−¥1.6bn	2021-04-01 → 2022-03-31	Cons.	Profit loss
Total assets	¥1.8bn	at 2023-03-31	Cons.	Assets
Total assets	¥3.7bn	at 2022-03-31	Cons.	Assets
Total assets	¥4.3bn	at 2021-03-31^v	Cons.	Total assets (5-year summary)
Total assets	¥5.3bn	at 2020-03-31^d	Cons.	Total assets (5-year summary)
Total assets	¥6.9bn	at 2019-03-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥3.7bn	at 2023-03-31	Cons.	Liabilities
Total liabilities	¥5.4bn	at 2022-03-31	Cons.	Liabilities
Net assets / equity	−¥1.8bn	at 2023-03-31	Cons.	Net assets
Net assets / equity	−¥1.7bn	at 2022-03-31	Cons.	Net assets
Net assets / equity	−¥1.0bn	at 2021-03-31^v	Cons.	Net assets
Net assets / equity	¥1.5bn	at 2020-03-31^d	Cons.	Net assets (5-year summary)
Net assets / equity	¥1.4bn	at 2019-03-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥828m	at 2023-03-31	Cons.	Cash and deposits
Cash and deposits	¥2.8bn	at 2022-03-31	Cons.	Cash and deposits
Cash & equivalents	¥825m	at 2023-03-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥1.4bn	at 2022-03-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥3.5bn	at 2021-03-31^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥2.7bn	at 2020-03-31^d	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥3.6bn	at 2019-03-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	−¥1.5bn	2022-04-01 → 2023-03-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥956m	2021-04-01 → 2022-03-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥3.0bn	2020-04-01 → 2021-03-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥1.3bn	2019-04-01 → 2020-03-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥1.8bn	2018-04-01 → 2019-03-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	¥1.4bn	2022-04-01 → 2023-03-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥1.5bn	2021-04-01 → 2022-03-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥128m	2020-04-01 → 2021-03-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥280m	2019-04-01 → 2020-03-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥281m	2018-04-01 → 2019-03-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥520m	2022-04-01 → 2023-03-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥444m	2021-04-01 → 2022-03-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥3.9bn	2020-04-01 → 2021-03-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥689m	2019-04-01 → 2020-03-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥16m	2018-04-01 → 2019-03-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥-153.91	2022-04-01 → 2023-03-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-276.91	2021-04-01 → 2022-03-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-607.53	2020-04-01 → 2021-03-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥18.54	2019-04-01 → 2020-03-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥39.38	2018-04-01 → 2019-03-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥17.98	2019-04-01 → 2020-03-31^d	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥38.1	2018-04-01 → 2019-03-31^d	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥-230.95	at 2023-03-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥-299.63	at 2022-03-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥-199.96	at 2021-03-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥320.27	at 2020-03-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥290.71	at 2019-03-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	-100.0%	at 2023-03-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	-48.5%	at 2022-03-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	-23.6%	at 2021-03-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	28.8%	at 2020-03-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	19.9%	at 2019-03-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	-1178.8%	2020-04-01 → 2021-03-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	6.1%	2019-04-01 → 2020-03-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	14.5%	2018-04-01 → 2019-03-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	114	at 2023-03-31	Cons.	Number of employees
Employees	188	at 2022-03-31	Cons.	Number of employees
Employees	289	at 2021-03-31^v	Cons.	Number of employees
Employees	376	at 2020-03-31^d	Cons.	Number of employees
Employees	362	at 2019-03-31^d	Cons.	Number of employees
Revenue	¥1.1bn	2022-04-01 → 2023-03-31	Standalone	Net sales
Revenue	¥1.1bn	2021-04-01 → 2022-03-31	Standalone	Net sales
Revenue	¥803m	2020-04-01 → 2021-03-31^v	Standalone	Net sales (5-year summary)
Revenue	¥32.7bn	2019-04-01 → 2020-03-31^d	Standalone	Net sales (5-year summary)
Revenue	¥29.0bn	2018-04-01 → 2019-03-31^d	Standalone	Net sales (5-year summary)
Operating income	−¥854m	2022-04-01 → 2023-03-31	Standalone	Operating income
Operating income	−¥1.3bn	2021-04-01 → 2022-03-31	Standalone	Operating income
Ordinary income	−¥880m	2022-04-01 → 2023-03-31	Standalone	Ordinary income
Ordinary income	−¥1.3bn	2021-04-01 → 2022-03-31	Standalone	Ordinary income
Ordinary income	−¥2.0bn	2020-04-01 → 2021-03-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥104m	2019-04-01 → 2020-03-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥307m	2018-04-01 → 2019-03-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	−¥1.0bn	2022-04-01 → 2023-03-31	Standalone	Income before income taxes
Profit before tax	−¥1.6bn	2021-04-01 → 2022-03-31	Standalone	Income before income taxes
Net income	−¥1.0bn	2022-04-01 → 2023-03-31	Standalone	Profit loss
Net income	−¥1.6bn	2021-04-01 → 2022-03-31	Standalone	Profit loss
Net income	−¥2.9bn	2020-04-01 → 2021-03-31^v	Standalone	Net income loss (5-year summary)
Net income	¥72m	2019-04-01 → 2020-03-31^d	Standalone	Net income loss (5-year summary)
Net income	¥183m	2018-04-01 → 2019-03-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥1.7bn	at 2023-03-31	Standalone	Assets
Total assets	¥3.5bn	at 2022-03-31	Standalone	Assets
Total assets	¥4.2bn	at 2021-03-31^v	Standalone	Total assets (5-year summary)
Total assets	¥5.1bn	at 2020-03-31^d	Standalone	Total assets (5-year summary)
Total assets	¥6.7bn	at 2019-03-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥3.6bn	at 2023-03-31	Standalone	Liabilities
Total liabilities	¥5.4bn	at 2022-03-31	Standalone	Liabilities
Net assets / equity	−¥1.9bn	at 2023-03-31	Standalone	Net assets
Net assets / equity	−¥1.9bn	at 2022-03-31	Standalone	Net assets
Net assets / equity	−¥1.1bn	at 2021-03-31^v	Standalone	Net assets
Net assets / equity	¥1.4bn	at 2020-03-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥1.3bn	at 2019-03-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥690m	at 2023-03-31	Standalone	Cash and deposits
Cash and deposits	¥2.6bn	at 2022-03-31	Standalone	Cash and deposits
EPS (basic)	¥-149.71	2022-04-01 → 2023-03-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-276.94	2021-04-01 → 2022-03-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-605.49	2020-04-01 → 2021-03-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥15.21	2019-04-01 → 2020-03-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥39.04	2018-04-01 → 2019-03-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥14.75	2019-04-01 → 2020-03-31^d	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥37.77	2018-04-01 → 2019-03-31^d	Standalone	Diluted earnings per share (5-year summary)
Net assets per share	¥-238.06	at 2023-03-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥-313.02	at 2022-03-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥-213.94	at 2021-03-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥302.49	at 2020-03-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥275.77	at 2019-03-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	-111.6%	at 2023-03-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	-52.8%	at 2022-03-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	-25.9%	at 2021-03-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	28.0%	at 2020-03-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	19.2%	at 2019-03-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	-1714.6%	2020-04-01 → 2021-03-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	5.3%	2019-04-01 → 2020-03-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	15.2%	2018-04-01 → 2019-03-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	8,029,800	at 2023-03-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	5,944,300	at 2022-03-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	5,135,500	at 2021-03-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	4,752,100	at 2020-03-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	4,683,400	at 2019-03-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	69	at 2023-03-31	Standalone	Number of employees
Employees	140	at 2022-03-31	Standalone	Number of employees
Employees	245	at 2021-03-31^v	Standalone	Number of employees
Employees	321	at 2020-03-31^d	Standalone	Number of employees
Employees	308	at 2019-03-31^d	Standalone	Number 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.

All source rows · 1,250

Item	Context	Value	Unit
Allowance for doubtful accounts ca	CurrentYearInstant	-1124000	JPY
Current assets	Prior1YearInstant	3260036000	JPY
Current assets	CurrentYearInstant	1531970000	JPY
Property plant and equipment	Prior1YearInstant	0	JPY
Property plant and equipment	CurrentYearInstant	0	JPY
Intangible assets	Prior1YearInstant	0	JPY
Intangible assets	CurrentYearInstant	0	JPY
Long term loans receivable	Prior1YearInstant	4876000	JPY
Long term loans receivable	CurrentYearInstant	4876000	JPY
Guarantee deposits ioa	Prior1YearInstant	173861000	JPY
Guarantee deposits ioa	CurrentYearInstant	200130000	JPY
Long term accounts receivable other	Prior1YearInstant	－	JPY
Long term accounts receivable other	CurrentYearInstant	299037000	JPY
Other ioa	Prior1YearInstant	228546000	JPY
Other ioa	CurrentYearInstant	115344000	JPY
Allowance for doubtful accounts ioa by group	Prior1YearInstant	-6650000	JPY
Allowance for doubtful accounts ioa by group	CurrentYearInstant	-305688000	JPY
Investments and other assets	Prior1YearInstant	400633000	JPY
Investments and other assets	CurrentYearInstant	313699000	JPY
Noncurrent assets	Prior1YearInstant	400633000	JPY
Noncurrent assets	CurrentYearInstant	313699000	JPY
Assets	Prior1YearInstant	3660669000	JPY
Assets	CurrentYearInstant	1845670000	JPY
Accounts payable trade	Prior1YearInstant	45197000	JPY
Accounts payable trade	CurrentYearInstant	81517000	JPY
Short term loans payable	Prior1YearInstant	3300000000	JPY
Short term loans payable	CurrentYearInstant	1799000000	JPY
Accounts payable other	Prior1YearInstant	185435000	JPY
Accounts payable other	CurrentYearInstant	72409000	JPY
Accrued expenses	Prior1YearInstant	212383000	JPY
Accrued expenses	CurrentYearInstant	15159000	JPY
Income taxes payable	Prior1YearInstant	17578000	JPY
Income taxes payable	CurrentYearInstant	18679000	JPY
Travel advance received cl	Prior1YearInstant	90370000	JPY
Travel advance received cl	CurrentYearInstant	247798000	JPY
Deposits received	Prior1YearInstant	949677000	JPY
Deposits received	CurrentYearInstant	812990000	JPY
Provision for bonuses	Prior1YearInstant	1255000	JPY
Provision for bonuses	CurrentYearInstant	1251000	JPY
Asset retirement obligations cl	Prior1YearInstant	－	JPY
Asset retirement obligations cl	CurrentYearInstant	38866000	JPY
Other cl	Prior1YearInstant	9973000	JPY
Other cl	CurrentYearInstant	12040000	JPY
Current liabilities	Prior1YearInstant	4811873000	JPY
Current liabilities	CurrentYearInstant	3099713000	JPY
Long term loans payable	Prior1YearInstant	500000000	JPY
Long term loans payable	CurrentYearInstant	500000000	JPY
Asset retirement obligations ncl	Prior1YearInstant	64873000	JPY
Asset retirement obligations ncl	CurrentYearInstant	12301000	JPY
Other ncl	Prior1YearInstant	27651000	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 2022-03-31	pass rounding
balance sheet identity	consolidated 2023-03-31	pass
balance sheet identity	non_consolidated 2022-03-31	pass
balance sheet identity	non_consolidated 2023-03-31	pass
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2021-03-31	pass
statement vs summary · net assets	consolidated 2022-03-31	pass
statement vs summary · net assets	consolidated 2023-03-31	pass
statement vs summary · net assets	non_consolidated 2021-03-31	pass
statement vs summary · net assets	non_consolidated 2022-03-31	pass
statement vs summary · net assets	non_consolidated 2023-03-31	pass
statement vs summary · net income attributable to parent	consolidated 2021-04-01/2022-03-31	pass
statement vs summary · net income attributable to parent	consolidated 2022-04-01/2023-03-31	pass
statement vs summary · operating cash flow	consolidated 2021-04-01/2022-03-31	pass
statement vs summary · operating cash flow	consolidated 2022-04-01/2023-03-31	pass
statement vs summary · revenue	consolidated 2021-04-01/2022-03-31	pass
statement vs summary · revenue	consolidated 2022-04-01/2023-03-31	pass
statement vs summary · revenue	non_consolidated 2021-04-01/2022-03-31	pass
statement vs summary · revenue	non_consolidated 2022-04-01/2023-03-31	pass
statement vs summary · total assets	consolidated 2022-03-31	pass
statement vs summary · total assets	consolidated 2023-03-31	pass
statement vs summary · total assets	non_consolidated 2022-03-31	pass
statement vs summary · total assets	non_consolidated 2023-03-31	pass