Annual report

Period2024-04-01 → 2025-03-31

Filed2025-06-27

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 133

Metric	Value	Period	Scope	Source row
Revenue	¥2.8bn	2024-04-01 → 2025-03-31	Cons.	Net sales
Revenue	¥3.1bn	2023-04-01 → 2024-03-31	Cons.	Net sales
Revenue	¥2.5bn	2022-04-01 → 2023-03-31^v	Cons.	Net sales (5-year summary)
Revenue	¥2.5bn	2021-04-01 → 2022-03-31^v	Cons.	Net sales (5-year summary)
Revenue	¥2.5bn	2020-04-01 → 2021-03-31^d	Cons.	Net sales (5-year summary)
Operating income	−¥523m	2024-04-01 → 2025-03-31	Cons.	Operating income
Operating income	−¥165m	2023-04-01 → 2024-03-31	Cons.	Operating income
Ordinary income	−¥523m	2024-04-01 → 2025-03-31	Cons.	Ordinary income
Ordinary income	−¥187m	2023-04-01 → 2024-03-31	Cons.	Ordinary income
Ordinary income	−¥228m	2022-04-01 → 2023-03-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	−¥726m	2021-04-01 → 2022-03-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	−¥190m	2020-04-01 → 2021-03-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	−¥559m	2024-04-01 → 2025-03-31	Cons.	Income before income taxes
Profit before tax	−¥231m	2023-04-01 → 2024-03-31	Cons.	Income before income taxes
Net income (owners)	−¥562m	2024-04-01 → 2025-03-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥243m	2023-04-01 → 2024-03-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥248m	2022-04-01 → 2023-03-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	−¥758m	2021-04-01 → 2022-03-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	−¥219m	2020-04-01 → 2021-03-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	−¥562m	2024-04-01 → 2025-03-31	Cons.	Profit loss
Net income	−¥243m	2023-04-01 → 2024-03-31	Cons.	Profit loss
Total assets	¥3.7bn	at 2025-03-31	Cons.	Assets
Total assets	¥4.3bn	at 2024-03-31	Cons.	Assets
Total assets	¥3.2bn	at 2023-03-31^v	Cons.	Total assets (5-year summary)
Total assets	¥2.3bn	at 2022-03-31^v	Cons.	Total assets (5-year summary)
Total assets	¥3.3bn	at 2021-03-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥1.2bn	at 2025-03-31	Cons.	Liabilities
Total liabilities	¥1.7bn	at 2024-03-31	Cons.	Liabilities
Net assets / equity	¥2.4bn	at 2025-03-31	Cons.	Net assets
Net assets / equity	¥2.7bn	at 2024-03-31	Cons.	Net assets
Net assets / equity	¥1.7bn	at 2023-03-31^v	Cons.	Net assets
Net assets / equity	¥808m	at 2022-03-31^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥1.4bn	at 2021-03-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥356m	at 2025-03-31	Cons.	Cash and deposits
Cash and deposits	¥953m	at 2024-03-31	Cons.	Cash and deposits
Cash & equivalents	¥351m	at 2025-03-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥948m	at 2024-03-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥473m	at 2023-03-31^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥319m	at 2022-03-31^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥938m	at 2021-03-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	−¥765m	2024-04-01 → 2025-03-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥418m	2023-04-01 → 2024-03-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥795m	2022-04-01 → 2023-03-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥315m	2021-04-01 → 2022-03-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥611m	2020-04-01 → 2021-03-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥90m	2024-04-01 → 2025-03-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥123m	2023-04-01 → 2024-03-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥12m	2022-04-01 → 2023-03-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥34m	2021-04-01 → 2022-03-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥20m	2020-04-01 → 2021-03-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	¥268m	2024-04-01 → 2025-03-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥986m	2023-04-01 → 2024-03-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥932m	2022-04-01 → 2023-03-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥320m	2021-04-01 → 2022-03-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥409m	2020-04-01 → 2021-03-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥-12.06	2024-04-01 → 2025-03-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-7.9	2023-04-01 → 2024-03-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-13.13	2022-04-01 → 2023-03-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-134.13	2021-04-01 → 2022-03-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-38.81	2020-04-01 → 2021-03-31^d	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥51.47	at 2025-03-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥61.95	at 2024-03-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥72.09	at 2023-03-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥133.61	at 2022-03-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥244.09	at 2021-03-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	65.5%	at 2025-03-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	60.8%	at 2024-03-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	53.6%	at 2023-03-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	33.6%	at 2022-03-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	42.0%	at 2021-03-31^d	Cons.	Equity to asset ratio (5-year summary)
Employees	65	at 2025-03-31	Cons.	Number of employees
Employees	73	at 2024-03-31	Cons.	Number of employees
Employees	77	at 2023-03-31^v	Cons.	Number of employees
Employees	77	at 2022-03-31^v	Cons.	Number of employees
Employees	81	at 2021-03-31^d	Cons.	Number of employees
Revenue	¥1.9bn	2024-04-01 → 2025-03-31	Standalone	Net sales
Revenue	¥2.1bn	2023-04-01 → 2024-03-31	Standalone	Net sales
Revenue	¥1.7bn	2022-04-01 → 2023-03-31^v	Standalone	Net sales (5-year summary)
Revenue	¥1.9bn	2021-04-01 → 2022-03-31^v	Standalone	Net sales (5-year summary)
Revenue	¥1.8bn	2020-04-01 → 2021-03-31^d	Standalone	Net sales (5-year summary)
Operating income	−¥600m	2024-04-01 → 2025-03-31	Standalone	Operating income
Operating income	−¥230m	2023-04-01 → 2024-03-31	Standalone	Operating income
Ordinary income	−¥569m	2024-04-01 → 2025-03-31	Standalone	Ordinary income
Ordinary income	−¥248m	2023-04-01 → 2024-03-31	Standalone	Ordinary income
Ordinary income	−¥292m	2022-04-01 → 2023-03-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥38m	2021-04-01 → 2022-03-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥251m	2020-04-01 → 2021-03-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	−¥605m	2024-04-01 → 2025-03-31	Standalone	Income before income taxes
Profit before tax	−¥292m	2023-04-01 → 2024-03-31	Standalone	Income before income taxes
Net income	−¥608m	2024-04-01 → 2025-03-31	Standalone	Profit loss
Net income	−¥294m	2023-04-01 → 2024-03-31	Standalone	Profit loss
Net income	−¥310m	2022-04-01 → 2023-03-31^v	Standalone	Net income loss (5-year summary)
Net income	−¥60m	2021-04-01 → 2022-03-31^v	Standalone	Net income loss (5-year summary)
Net income	−¥267m	2020-04-01 → 2021-03-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥3.1bn	at 2025-03-31	Standalone	Assets
Total assets	¥3.6bn	at 2024-03-31	Standalone	Assets
Total assets	¥2.5bn	at 2023-03-31^v	Standalone	Total assets (5-year summary)
Total assets	¥1.8bn	at 2022-03-31^v	Standalone	Total assets (5-year summary)
Total assets	¥2.3bn	at 2021-03-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥1.6bn	at 2025-03-31	Standalone	Liabilities
Total liabilities	¥1.8bn	at 2024-03-31	Standalone	Liabilities
Net assets / equity	¥1.5bn	at 2025-03-31	Standalone	Net assets
Net assets / equity	¥1.8bn	at 2024-03-31	Standalone	Net assets
Net assets / equity	¥1.0bn	at 2023-03-31^v	Standalone	Net assets
Net assets / equity	¥204m	at 2022-03-31^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥246m	at 2021-03-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥139m	at 2025-03-31	Standalone	Cash and deposits
Cash and deposits	¥564m	at 2024-03-31	Standalone	Cash and deposits
EPS (basic)	¥-13.05	2024-04-01 → 2025-03-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-9.58	2023-04-01 → 2024-03-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-16.42	2022-04-01 → 2023-03-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-10.58	2021-04-01 → 2022-03-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-47.36	2020-04-01 → 2021-03-31^d	Standalone	Basic earnings loss per share (5-year summary)
Net assets per share	¥31.91	at 2025-03-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥41.14	at 2024-03-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥41.84	at 2023-03-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥27.91	at 2022-03-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥36.23	at 2021-03-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	47.7%	at 2025-03-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	48.7%	at 2024-03-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	40.4%	at 2023-03-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	9.0%	at 2022-03-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	8.9%	at 2021-03-31^d	Standalone	Equity to asset ratio (5-year summary)
Shares issued	46,695,300	at 2025-03-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	42,695,300	at 2024-03-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	23,695,300	at 2023-03-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	5,749,300	at 2022-03-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	5,675,300	at 2021-03-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	35	at 2025-03-31	Standalone	Number of employees
Employees	41	at 2024-03-31	Standalone	Number of employees
Employees	45	at 2023-03-31^v	Standalone	Number of employees
Employees	47	at 2022-03-31^v	Standalone	Number of employees
Employees	49	at 2021-03-31^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 · 1,137

Item	Context	Value	Unit
Research and development expenses included in general and administrative expenses and manufacturing cost for current period	CurrentYearDuration	707077000	JPY
Cash and deposits	Prior1YearInstant_NonConsolidatedMember	564387000	JPY
Cash and deposits	CurrentYearInstant_NonConsolidatedMember	138950000	JPY
Notes receivable trade	Prior1YearInstant_NonConsolidatedMember	1115000	JPY
Notes receivable trade	CurrentYearInstant_NonConsolidatedMember	－	JPY
Accounts receivable trade	Prior1YearInstant_NonConsolidatedMember	760626000	JPY
Accounts receivable trade	CurrentYearInstant_NonConsolidatedMember	845976000	JPY
Merchandise and finished goods	Prior1YearInstant_NonConsolidatedMember	1082731000	JPY
Merchandise and finished goods	CurrentYearInstant_NonConsolidatedMember	1065053000	JPY
Work in process	Prior1YearInstant_NonConsolidatedMember	310872000	JPY
Work in process	CurrentYearInstant_NonConsolidatedMember	311777000	JPY
Raw materials and supplies	Prior1YearInstant_NonConsolidatedMember	485443000	JPY
Raw materials and supplies	CurrentYearInstant_NonConsolidatedMember	482502000	JPY
Prepaid expenses	Prior1YearInstant_NonConsolidatedMember	61726000	JPY
Prepaid expenses	CurrentYearInstant_NonConsolidatedMember	42088000	JPY
Accounts receivable other	Prior1YearInstant_NonConsolidatedMember	52919000	JPY
Accounts receivable other	CurrentYearInstant_NonConsolidatedMember	13007000	JPY
Consumption taxes receivable	Prior1YearInstant_NonConsolidatedMember	93448000	JPY
Consumption taxes receivable	CurrentYearInstant_NonConsolidatedMember	25396000	JPY
Other ca	Prior1YearInstant_NonConsolidatedMember	1000	JPY
Other ca	CurrentYearInstant_NonConsolidatedMember	1000	JPY
Current assets	Prior1YearInstant_NonConsolidatedMember	3413268000	JPY
Current assets	CurrentYearInstant_NonConsolidatedMember	2924748000	JPY
Investment securities	Prior1YearInstant_NonConsolidatedMember	0	JPY
Investment securities	CurrentYearInstant_NonConsolidatedMember	0	JPY
Stocks of subsidiaries and affiliates	Prior1YearInstant_NonConsolidatedMember	159520000	JPY
Stocks of subsidiaries and affiliates	CurrentYearInstant_NonConsolidatedMember	159520000	JPY
Long term prepaid expenses	Prior1YearInstant_NonConsolidatedMember	1049000	JPY
Long term prepaid expenses	CurrentYearInstant_NonConsolidatedMember	8994000	JPY
Lease and guarantee deposits	Prior1YearInstant_NonConsolidatedMember	32100000	JPY
Lease and guarantee deposits	CurrentYearInstant_NonConsolidatedMember	31334000	JPY
Other ioa	Prior1YearInstant_NonConsolidatedMember	0	JPY
Other ioa	CurrentYearInstant_NonConsolidatedMember	0	JPY
Investments and other assets	Prior1YearInstant_NonConsolidatedMember	192670000	JPY
Investments and other assets	CurrentYearInstant_NonConsolidatedMember	199848000	JPY
Noncurrent assets	Prior1YearInstant_NonConsolidatedMember	192670000	JPY
Noncurrent assets	CurrentYearInstant_NonConsolidatedMember	199848000	JPY
Assets	Prior1YearInstant_NonConsolidatedMember	3605937000	JPY
Assets	CurrentYearInstant_NonConsolidatedMember	3124596000	JPY
Accounts payable trade	Prior1YearInstant_NonConsolidatedMember	585108000	JPY
Accounts payable trade	CurrentYearInstant_NonConsolidatedMember	297900000	JPY
Short term loans payable	Prior1YearInstant_NonConsolidatedMember	162806000	JPY
Short term loans payable	CurrentYearInstant_NonConsolidatedMember	155166000	JPY
Current portion of bonds	Prior1YearInstant_NonConsolidatedMember	－	JPY
Current portion of bonds	CurrentYearInstant_NonConsolidatedMember	300000000	JPY
Current portion of long term loans payable	Prior1YearInstant_NonConsolidatedMember	370749000	JPY
Current portion of long term loans payable	CurrentYearInstant_NonConsolidatedMember	291591000	JPY
Lease obligations cl	Prior1YearInstant_NonConsolidatedMember	2313000	JPY
Lease obligations cl	CurrentYearInstant_NonConsolidatedMember	1619000	JPY
Accounts payable other	Prior1YearInstant_NonConsolidatedMember	85824000	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 2024-03-31	pass rounding
balance sheet identity	consolidated 2025-03-31	pass
balance sheet identity	non_consolidated 2024-03-31	pass
balance sheet identity	non_consolidated 2025-03-31	pass
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2023-03-31	pass
statement vs summary · net assets	consolidated 2024-03-31	pass
statement vs summary · net assets	consolidated 2025-03-31	pass
statement vs summary · net assets	non_consolidated 2023-03-31	pass
statement vs summary · net assets	non_consolidated 2024-03-31	pass
statement vs summary · net assets	non_consolidated 2025-03-31	pass
statement vs summary · net income attributable to parent	consolidated 2023-04-01/2024-03-31	pass
statement vs summary · net income attributable to parent	consolidated 2024-04-01/2025-03-31	pass
statement vs summary · operating cash flow	consolidated 2023-04-01/2024-03-31	pass
statement vs summary · operating cash flow	consolidated 2024-04-01/2025-03-31	pass
statement vs summary · revenue	consolidated 2023-04-01/2024-03-31	pass
statement vs summary · revenue	consolidated 2024-04-01/2025-03-31	pass
statement vs summary · revenue	non_consolidated 2023-04-01/2024-03-31	pass
statement vs summary · revenue	non_consolidated 2024-04-01/2025-03-31	pass
statement vs summary · total assets	consolidated 2024-03-31	pass
statement vs summary · total assets	consolidated 2025-03-31	pass
statement vs summary · total assets	non_consolidated 2024-03-31	pass
statement vs summary · total assets	non_consolidated 2025-03-31	pass