Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-26
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 158
MetricValuePeriodScopeSource row
Revenue¥5.3bn2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥6.0bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥5.2bn2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
Revenue¥4.3bn2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Revenue¥3.6bn2021-04-01 → 2022-03-31vCons.Net sales (5-year summary)
Operating income¥624m2025-04-01 → 2026-03-31Cons.Operating income
Operating income¥461m2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income¥639m2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income¥498m2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥754m2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥652m2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥514m2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥609m2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax¥229m2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)¥394m2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥179m2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥447m2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥535m2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥328m2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥386m2025-04-01 → 2026-03-31Cons.Profit loss
Net income¥165m2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥5.4bnat 2026-03-31Cons.Assets
Total assets¥5.1bnat 2025-03-31Cons.Assets
Total assets¥5.0bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥4.6bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥4.1bnat 2022-03-31vCons.Total assets (5-year summary)
Total liabilities¥1.3bnat 2026-03-31Cons.Liabilities
Total liabilities¥1.2bnat 2025-03-31Cons.Liabilities
Net assets / equity¥4.0bnat 2026-03-31Cons.Net assets
Net assets / equity¥3.9bnat 2025-03-31Cons.Net assets
Net assets / equity¥3.9bnat 2024-03-31vCons.Net assets
Net assets / equity¥3.6bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥3.1bnat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥1.3bnat 2026-03-31Cons.Cash and deposits
Cash and deposits¥2.0bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥1.3bnat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥2.0bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥2.0bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥2.8bnat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥2.5bnat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow−¥469m2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥311m2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥171m2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥427m2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥26m2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow¥22m2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥138m2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥904m2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥17m2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow¥552m2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥249m2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥175m2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥93m2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥112m2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥264m2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥69.062025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥31.852024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥82.812023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥100.832022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥61.912021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥67.452025-04-01 → 2026-03-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥30.792024-04-01 → 2025-03-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥78.712023-04-01 → 2024-03-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥93.292022-04-01 → 2023-03-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥56.612021-04-01 → 2022-03-31vCons.Diluted earnings per share (5-year summary)
Net assets per share¥705.89at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥678.92at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥699.11at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥663.49at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥590.67at 2022-03-31vCons.Net assets per share (5-year summary)
Equity ratio75.6%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio75.9%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio77.6%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio76.6%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio76.6%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
ROE9.9%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE4.6%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE12.0%2023-04-01 → 2024-03-31vCons.Rate of return on equity (5-year summary)
ROE16.1%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
ROE11.3%2021-04-01 → 2022-03-31vCons.Rate of return on equity (5-year summary)
Employees312at 2026-03-31Cons.Number of employees
Employees349at 2025-03-31Cons.Number of employees
Employees331at 2024-03-31vCons.Number of employees
Employees243at 2023-03-31vCons.Number of employees
Employees238at 2022-03-31vCons.Number of employees
Revenue¥4.7bn2025-04-01 → 2026-03-31StandaloneOperating revenue1
Revenue¥4.6bn2024-04-01 → 2025-03-31StandaloneOperating revenue1
Revenue¥3.9bn2023-04-01 → 2024-03-31vStandaloneOperating revenue1 (5-year summary)
Revenue¥3.5bn2022-04-01 → 2023-03-31vStandaloneOperating revenue1 (5-year summary)
Revenue¥3.2bn2021-04-01 → 2022-03-31vStandaloneOperating revenue1 (5-year summary)
Operating income¥601m2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥437m2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥631m2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥478m2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥542m2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥532m2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥402m2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥580m2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥240m2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥372m2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥181m2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥304m2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥630m2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥251m2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥5.0bnat 2026-03-31StandaloneAssets
Total assets¥4.8bnat 2025-03-31StandaloneAssets
Total assets¥4.7bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥4.4bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥3.7bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥1.2bnat 2026-03-31StandaloneLiabilities
Total liabilities¥1.2bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥3.8bnat 2026-03-31StandaloneNet assets
Net assets / equity¥3.6bnat 2025-03-31StandaloneNet assets
Net assets / equity¥3.6bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥3.4bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥2.9bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥824mat 2026-03-31StandaloneCash and deposits
Cash and deposits¥1.6bnat 2025-03-31StandaloneCash and deposits
EPS (basic)¥65.12025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥32.22024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥56.362023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥118.742022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥47.432021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥63.582025-04-01 → 2026-03-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥31.132024-04-01 → 2025-03-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥53.572023-04-01 → 2024-03-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥109.862022-04-01 → 2023-03-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥43.382021-04-01 → 2022-03-31vStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥692025-04-01 → 2026-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥422024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥402023-04-01 → 2024-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥242022-04-01 → 2023-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥162021-04-01 → 2022-03-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥656.22at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥633.07at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥651.74at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥639.47at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥540.82at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio75.2%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio75.2%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio77.8%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio77.3%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio76.8%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE10.1%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE5.0%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE8.6%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE20.1%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE9.3%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued5,944,616at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued5,886,816at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued5,746,416at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued5,478,416at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued5,395,000at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees301at 2026-03-31StandaloneNumber of employees
Employees335at 2025-03-31StandaloneNumber of employees
Employees318at 2024-03-31vStandaloneNumber of employees
Employees236at 2023-03-31vStandaloneNumber of employees
Employees234at 2022-03-31vStandaloneNumber 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 · 42
SegmentItemPeriodValue
Reconciling Itemsreconcilingsegment assetsat 2026-03-31−¥2.2bn
Financialreportable segmentcapex2025-04-01 → 2026-03-31¥149m
Financialreportable segmentdepreciation2025-04-01 → 2026-03-31¥81m
Financialreportable segmentemployeesat 2026-03-31310 pure
Financialreportable segmentrevenue2025-04-01 → 2026-03-31¥4.8bn
Financialreportable segmentrevenue external2025-04-01 → 2026-03-31¥4.8bn
Financialreportable segmentsegment assetsat 2026-03-31¥5.0bn
Financialreportable segmentsegment profit2025-04-01 → 2026-03-31¥601m
Real Estate Salesreportable segmentemployeesat 2026-03-312 pure
Real Estate Salesreportable segmentrevenue2025-04-01 → 2026-03-31¥479m
Real Estate Salesreportable segmentrevenue external2025-04-01 → 2026-03-31¥479m
Real Estate Salesreportable segmentsegment assetsat 2026-03-31¥2.5bn
Real Estate Salesreportable segmentsegment profit2025-04-01 → 2026-03-31¥23m
—segment totalcapex2025-04-01 → 2026-03-31¥149m
—segment totaldepreciation2025-04-01 → 2026-03-31¥81m
—segment totalrevenue2025-04-01 → 2026-03-31¥5.3bn
—segment totalrevenue external2025-04-01 → 2026-03-31¥5.3bn
—segment totalsegment assetsat 2026-03-31¥7.5bn
—segment totalsegment profit2025-04-01 → 2026-03-31¥624m
Reconciling Itemsreconcilingrevenue2024-04-01 → 2025-03-31−¥18m
Reconciling Itemsreconcilingrevenue intersegment2024-04-01 → 2025-03-31−¥18m
Reconciling Itemsreconcilingsegment assetsat 2025-03-31−¥1.1bn
Reconciling Itemsreconcilingsegment profit2024-04-01 → 2025-03-31−¥18m
Financialreportable segmentcapex2024-04-01 → 2025-03-31¥301m
Financialreportable segmentdepreciation2024-04-01 → 2025-03-31¥68m
Financialreportable segmentrevenue2024-04-01 → 2025-03-31¥4.8bn
Financialreportable segmentrevenue external2024-04-01 → 2025-03-31¥4.8bn
Financialreportable segmentrevenue intersegment2024-04-01 → 2025-03-31¥18m
Financialreportable segmentsegment assetsat 2025-03-31¥4.8bn
Financialreportable segmentsegment profit2024-04-01 → 2025-03-31¥436m
Real Estate Salesreportable segmentrevenue2024-04-01 → 2025-03-31¥1.2bn
Real Estate Salesreportable segmentrevenue external2024-04-01 → 2025-03-31¥1.2bn
Real Estate Salesreportable segmentsegment assetsat 2025-03-31¥1.3bn
Real Estate Salesreportable segmentsegment profit2024-04-01 → 2025-03-31¥44m
—segment totalcapex2024-04-01 → 2025-03-31¥301m
—segment totaldepreciation2024-04-01 → 2025-03-31¥68m
—segment totalrevenue2024-04-01 → 2025-03-31¥6.0bn
—segment totalrevenue external2024-04-01 → 2025-03-31¥6.0bn
—segment totalrevenue intersegment2024-04-01 → 2025-03-31¥18m
—segment totalsegment assetsat 2025-03-31¥6.2bn
—segment totalsegment profit2024-04-01 → 2025-03-31¥479m
Financialreportable segmentemployeesat 2026-03-31301 pure

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

All source rows · 1,503
ItemContextValueUnit
Net assets (5-year summary)Prior4YearInstant3113090000JPY
Net assets (5-year summary)Prior3YearInstant3552217000JPY
Net assets (5-year summary)Prior2YearInstant3911682000JPY
Net assets (5-year summary)Prior1YearInstant3887665000JPY
Net assets (5-year summary)CurrentYearInstant4046048000JPY
Total assets (5-year summary)Prior4YearInstant4064318000JPY
Total assets (5-year summary)Prior3YearInstant4626882000JPY
Total assets (5-year summary)Prior2YearInstant5025025000JPY
Total assets (5-year summary)Prior1YearInstant5118437000JPY
Total assets (5-year summary)CurrentYearInstant5355993000JPY
Net assets per share (5-year summary)Prior4YearInstant590.67
Net assets per share (5-year summary)Prior3YearInstant663.49
Net assets per share (5-year summary)Prior2YearInstant699.11
Net assets per share (5-year summary)Prior1YearInstant678.92
Net assets per share (5-year summary)CurrentYearInstant705.89
Basic earnings loss per share (5-year summary)Prior4YearDuration61.91
Basic earnings loss per share (5-year summary)Prior3YearDuration100.83
Basic earnings loss per share (5-year summary)Prior2YearDuration82.81
Basic earnings loss per share (5-year summary)Prior1YearDuration31.85
Basic earnings loss per share (5-year summary)CurrentYearDuration69.06
Diluted earnings per share (5-year summary)Prior4YearDuration56.61
Diluted earnings per share (5-year summary)Prior3YearDuration93.29
Diluted earnings per share (5-year summary)Prior2YearDuration78.71
Diluted earnings per share (5-year summary)Prior1YearDuration30.79
Diluted earnings per share (5-year summary)CurrentYearDuration67.45
Equity to asset ratio (5-year summary)Prior4YearInstant0.766
Equity to asset ratio (5-year summary)Prior3YearInstant0.766
Equity to asset ratio (5-year summary)Prior2YearInstant0.776
Equity to asset ratio (5-year summary)Prior1YearInstant0.759
Equity to asset ratio (5-year summary)CurrentYearInstant0.756
Rate of return on equity (5-year summary)Prior4YearDuration0.113
Rate of return on equity (5-year summary)Prior3YearDuration0.161
Rate of return on equity (5-year summary)Prior2YearDuration0.120
Rate of return on equity (5-year summary)Prior1YearDuration0.046
Rate of return on equity (5-year summary)CurrentYearDuration0.099
Price earnings ratio (5-year summary)Prior4YearDuration11.89
Price earnings ratio (5-year summary)Prior3YearDuration10.54
Price earnings ratio (5-year summary)Prior2YearDuration21.75
Price earnings ratio (5-year summary)Prior1YearDuration32.65
Price earnings ratio (5-year summary)CurrentYearDuration17.00
Net cash provided by used in operating activities (5-year summary)Prior4YearDuration26028000JPY
Net cash provided by used in operating activities (5-year summary)Prior3YearDuration427127000JPY
Net cash provided by used in operating activities (5-year summary)Prior2YearDuration170646000JPY
Net cash provided by used in operating activities (5-year summary)Prior1YearDuration311098000JPY
Net cash provided by used in operating activities (5-year summary)CurrentYearDuration-468705000JPY
Net cash provided by used in investing activities (5-year summary)Prior4YearDuration551848000JPY
Net cash provided by used in investing activities (5-year summary)Prior3YearDuration-17434000JPY
Net cash provided by used in investing activities (5-year summary)Prior2YearDuration-904232000JPY
Net cash provided by used in investing activities (5-year summary)Prior1YearDuration-138074000JPY
Net cash provided by used in investing activities (5-year summary)CurrentYearDuration22476000JPY

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 2025-03-31pass
balance sheet identityconsolidated 2026-03-31pass
balance sheet identitynon_consolidated 2025-03-31pass rounding
balance sheet identitynon_consolidated 2026-03-31pass
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2024-03-31pass
statement vs summary · net assetsconsolidated 2025-03-31pass
statement vs summary · net assetsconsolidated 2026-03-31pass
statement vs summary · net assetsnon_consolidated 2024-03-31pass
statement vs summary · net assetsnon_consolidated 2025-03-31pass
statement vs summary · net assetsnon_consolidated 2026-03-31pass
statement vs summary · net income attributable to parentconsolidated 2024-04-01/2025-03-31pass
statement vs summary · net income attributable to parentconsolidated 2025-04-01/2026-03-31pass
statement vs summary · operating cash flowconsolidated 2024-04-01/2025-03-31pass
statement vs summary · operating cash flowconsolidated 2025-04-01/2026-03-31pass
statement vs summary · revenueconsolidated 2024-04-01/2025-03-31pass
statement vs summary · revenueconsolidated 2025-04-01/2026-03-31pass
statement vs summary · revenuenon_consolidated 2024-04-01/2025-03-31pass
statement vs summary · revenuenon_consolidated 2025-04-01/2026-03-31pass
statement vs summary · total assetsconsolidated 2025-03-31pass
statement vs summary · total assetsconsolidated 2026-03-31pass
statement vs summary · total assetsnon_consolidated 2025-03-31pass
statement vs summary · total assetsnon_consolidated 2026-03-31pass