Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-26
StandardIFRS
ConsolidatedYes
Data checks19 of 21 passed
Key figures · 152
MetricValuePeriodScopeSource row
Revenue¥24.6bn2025-04-01 → 2026-03-31Cons.Revenue IFRS
Revenue¥25.2bn2025-04-01 → 2026-03-31Cons.Revenue IFRS (5-year summary)
Revenue¥22.4bn2024-04-01 → 2025-03-31Cons.Revenue IFRS
Revenue¥23.0bn2024-04-01 → 2025-03-31Cons.Revenue IFRS (5-year summary)
Revenue¥20.8bn2023-04-01 → 2024-03-31vCons.Revenue IFRS (5-year summary)
Revenue¥19.3bn2022-04-01 → 2023-03-31vCons.Revenue IFRS (5-year summary)
Revenue¥18.7bn2021-04-01 → 2022-03-31vCons.Revenue IFRS (5-year summary)
Operating income¥2.8bn2025-04-01 → 2026-03-31Cons.Operating profit loss IFRS
Operating income¥2.1bn2024-04-01 → 2025-03-31Cons.Operating profit loss IFRS
Profit before tax¥2.9bn2025-04-01 → 2026-03-31Cons.Profit loss before tax IFRS
Profit before tax¥2.1bn2024-04-01 → 2025-03-31Cons.Profit loss before tax IFRS
Profit before tax−¥820m2023-04-01 → 2024-03-31vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax−¥527m2022-04-01 → 2023-03-31vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax¥630m2021-04-01 → 2022-03-31vCons.Profit loss before tax IFRS (5-year summary)
Net income (owners)¥1.7bn2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥1.4bn2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)−¥828m2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)−¥443m2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥235m2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income¥1.7bn2025-04-01 → 2026-03-31Cons.Profit loss IFRS
Net income¥1.3bn2024-04-01 → 2025-03-31Cons.Profit loss IFRS
Total assets¥85.1bnat 2026-03-31Cons.Assets IFRS
Total assets¥70.8bnat 2025-03-31Cons.Assets IFRS
Total assets¥60.3bnat 2024-03-31vCons.Total assets IFRS (5-year summary)
Total assets¥55.4bnat 2023-03-31vCons.Total assets IFRS (5-year summary)
Total assets¥53.0bnat 2022-03-31vCons.Total assets IFRS (5-year summary)
Total liabilities¥64.0bnat 2026-03-31Cons.Liabilities IFRS
Total liabilities¥51.6bnat 2025-03-31Cons.Liabilities IFRS
Net assets / equity¥21.1bnat 2026-03-31Cons.Equity IFRS
Net assets / equity¥19.2bnat 2025-03-31Cons.Equity IFRS
Net assets / equity¥17.8bnat 2024-03-31vCons.Equity IFRS
Equity (owners)¥21.0bnat 2026-03-31Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥19.2bnat 2025-03-31Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥17.7bnat 2024-03-31vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥18.4bnat 2023-03-31vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥18.6bnat 2022-03-31vCons.Equity attributable to owners of parent IFRS (5-year summary)
Cash & equivalents¥20.2bnat 2026-03-31Cons.Cash and cash equivalents IFRS
Cash & equivalents¥17.0bnat 2025-03-31Cons.Cash and cash equivalents IFRS
Cash & equivalents¥10.8bnat 2024-03-31vCons.Cash and cash equivalents IFRS
Cash & equivalents¥10.6bnat 2023-03-31vCons.Cash and cash equivalents IFRS (5-year summary)
Cash & equivalents¥12.1bnat 2022-03-31vCons.Cash and cash equivalents IFRS (5-year summary)
Operating cash flow¥9.0bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥6.6bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥1.9bn2023-04-01 → 2024-03-31vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow−¥2.6bn2022-04-01 → 2023-03-31vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥951m2021-04-01 → 2022-03-31vCons.Cash flows from used in operating activities IFRS (5-year summary)
Investing cash flow−¥1.7bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥1.5bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥1.8bn2023-04-01 → 2024-03-31vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥1.8bn2022-04-01 → 2023-03-31vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥767m2021-04-01 → 2022-03-31vCons.Cash flows from used in investing activities IFRS (5-year summary)
Financing cash flow−¥4.1bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities IFRS
Financing cash flow¥1.2bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities IFRS
Financing cash flow¥75m2023-04-01 → 2024-03-31vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow¥2.8bn2022-04-01 → 2023-03-31vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow¥3.6bn2021-04-01 → 2022-03-31vCons.Cash flows from used in financing activities IFRS (5-year summary)
EPS (basic)¥17.442025-04-01 → 2026-03-31Cons.Basic earnings loss per share IFRS
EPS (basic)¥13.862024-04-01 → 2025-03-31Cons.Basic earnings loss per share IFRS
EPS (basic)¥-8.552023-04-01 → 2024-03-31vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥-4.592022-04-01 → 2023-03-31vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥2.622021-04-01 → 2022-03-31vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (diluted)¥17.292025-04-01 → 2026-03-31Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥13.732024-04-01 → 2025-03-31Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥-8.552023-04-01 → 2024-03-31vCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥-4.592022-04-01 → 2023-03-31vCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥2.552021-04-01 → 2022-03-31vCons.Diluted earnings loss per share IFRS (5-year summary)
Net assets per share¥211.06at 2026-03-31Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥192.76at 2025-03-31Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥180.77at 2024-03-31vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥188.11at 2023-03-31vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥192.56at 2022-03-31vCons.Equity to asset ratio IFRS (5-year summary)
Equity ratio24.7%at 2026-03-31Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio27.1%at 2025-03-31Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio29.4%at 2024-03-31vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio33.2%at 2023-03-31vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio35.1%at 2022-03-31vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
ROE8.6%2025-04-01 → 2026-03-31Cons.Rate of return on equity IFRS (5-year summary)
ROE7.3%2024-04-01 → 2025-03-31Cons.Rate of return on equity IFRS (5-year summary)
ROE-4.6%2023-04-01 → 2024-03-31vCons.Rate of return on equity IFRS (5-year summary)
ROE-2.4%2022-04-01 → 2023-03-31vCons.Rate of return on equity IFRS (5-year summary)
ROE1.3%2021-04-01 → 2022-03-31vCons.Rate of return on equity IFRS (5-year summary)
Employees377at 2026-03-31Cons.Number of employees
Employees336at 2025-03-31Cons.Number of employees
Employees333at 2024-03-31vCons.Number of employees
Employees291at 2023-03-31vCons.Number of employees
Employees221at 2022-03-31vCons.Number of employees
Revenue¥539m2025-04-01 → 2026-03-31StandaloneOperating revenue1
Revenue¥528m2024-04-01 → 2025-03-31StandaloneOperating revenue1
Revenue¥586m2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥659m2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥180m2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income¥42m2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥149m2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥156m2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥219m2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥258m2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥366m2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥371m2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥156m2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥219m2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥108m2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥150m2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥175m2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥402m2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income−¥345m2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥17.8bnat 2026-03-31StandaloneAssets
Total assets¥17.6bnat 2025-03-31StandaloneAssets
Total assets¥17.4bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥17.2bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥16.6bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥116mat 2026-03-31StandaloneLiabilities
Total liabilities¥61mat 2025-03-31StandaloneLiabilities
Net assets / equity¥17.7bnat 2026-03-31StandaloneNet assets
Net assets / equity¥17.5bnat 2025-03-31StandaloneNet assets
Net assets / equity¥17.2bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥17.0bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥16.6bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥688mat 2026-03-31StandaloneCash and deposits
Cash and deposits¥485mat 2025-03-31StandaloneCash and deposits
EPS (basic)¥1.092025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥1.552024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥1.812023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥4.162022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-3.842021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥1.082025-04-01 → 2026-03-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥1.532024-04-01 → 2025-03-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥1.792023-04-01 → 2024-03-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥4.082022-04-01 → 2023-03-31vStandaloneDiluted earnings per share (5-year summary)
Net assets per share¥177.53at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥176.41at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥176.9at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥175.49at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥171.63at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio99.3%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio99.6%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio98.9%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio99.0%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio99.5%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE0.6%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE0.9%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE1.0%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE2.4%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued99,480,999at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued99,306,627at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued97,287,285at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued96,825,287at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued96,447,000at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees16at 2026-03-31StandaloneNumber of employees
Employees16at 2025-03-31StandaloneNumber of employees
Employees14at 2024-03-31vStandaloneNumber of employees
Employees13at 2023-03-31vStandaloneNumber of employees
Employees6at 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.

All source rows · 1,300
ItemContextValueUnit
Comprehensive income attributable to owners of parent IFRS (5-year summary)Prior1YearDuration1307000000JPY
Comprehensive income attributable to owners of parent IFRS (5-year summary)CurrentYearDuration1820000000JPY
Equity attributable to owners of parent IFRS (5-year summary)Prior4YearInstant18642000000JPY
Equity attributable to owners of parent IFRS (5-year summary)Prior3YearInstant18369000000JPY
Equity attributable to owners of parent IFRS (5-year summary)Prior2YearInstant17704000000JPY
Equity attributable to owners of parent IFRS (5-year summary)Prior1YearInstant19169000000JPY
Equity attributable to owners of parent IFRS (5-year summary)CurrentYearInstant21019000000JPY
Total assets IFRS (5-year summary)Prior4YearInstant53037000000JPY
Total assets IFRS (5-year summary)Prior3YearInstant55404000000JPY
Total assets IFRS (5-year summary)Prior2YearInstant60279000000JPY
Total assets IFRS (5-year summary)Prior1YearInstant70848000000JPY
Total assets IFRS (5-year summary)CurrentYearInstant85063000000JPY
Equity to asset ratio IFRS (5-year summary)Prior4YearInstant192.56
Equity to asset ratio IFRS (5-year summary)Prior3YearInstant188.11
Equity to asset ratio IFRS (5-year summary)Prior2YearInstant180.77
Equity to asset ratio IFRS (5-year summary)Prior1YearInstant192.76
Equity to asset ratio IFRS (5-year summary)CurrentYearInstant211.06
Basic earnings loss per share IFRS (5-year summary)Prior4YearDuration2.62
Basic earnings loss per share IFRS (5-year summary)Prior3YearDuration-4.59
Basic earnings loss per share IFRS (5-year summary)Prior2YearDuration-8.55
Basic earnings loss per share IFRS (5-year summary)Prior1YearDuration13.86
Basic earnings loss per share IFRS (5-year summary)CurrentYearDuration17.44
Diluted earnings loss per share IFRS (5-year summary)Prior4YearDuration2.55
Diluted earnings loss per share IFRS (5-year summary)Prior3YearDuration-4.59
Diluted earnings loss per share IFRS (5-year summary)Prior2YearDuration-8.55
Diluted earnings loss per share IFRS (5-year summary)Prior1YearDuration13.73
Diluted earnings loss per share IFRS (5-year summary)CurrentYearDuration17.29
Ratio of owners equity to gross assets IFRS (5-year summary)Prior4YearInstant0.3515
Ratio of owners equity to gross assets IFRS (5-year summary)Prior3YearInstant0.3316
Ratio of owners equity to gross assets IFRS (5-year summary)Prior2YearInstant0.2937
Ratio of owners equity to gross assets IFRS (5-year summary)Prior1YearInstant0.2706
Ratio of owners equity to gross assets IFRS (5-year summary)CurrentYearInstant0.2471
Rate of return on equity IFRS (5-year summary)Prior4YearDuration0.0126
Rate of return on equity IFRS (5-year summary)Prior3YearDuration-0.0240
Rate of return on equity IFRS (5-year summary)Prior2YearDuration-0.0459
Rate of return on equity IFRS (5-year summary)Prior1YearDuration0.0732
Rate of return on equity IFRS (5-year summary)CurrentYearDuration0.0862
Price earnings ratio IFRS (5-year summary)Prior4YearDuration270.61
Price earnings ratio IFRS (5-year summary)Prior3YearDuration-
Price earnings ratio IFRS (5-year summary)Prior2YearDuration-
Price earnings ratio IFRS (5-year summary)Prior1YearDuration34.42
Price earnings ratio IFRS (5-year summary)CurrentYearDuration20.76
Cash flows from used in operating activities IFRS (5-year summary)Prior4YearDuration951000000JPY
Cash flows from used in operating activities IFRS (5-year summary)Prior3YearDuration-2629000000JPY
Cash flows from used in operating activities IFRS (5-year summary)Prior2YearDuration1931000000JPY
Cash flows from used in operating activities IFRS (5-year summary)Prior1YearDuration6567000000JPY
Cash flows from used in operating activities IFRS (5-year summary)CurrentYearDuration8971000000JPY
Cash flows from used in investing activities IFRS (5-year summary)Prior4YearDuration-767000000JPY
Cash flows from used in investing activities IFRS (5-year summary)Prior3YearDuration-1765000000JPY
Cash flows from used in investing activities IFRS (5-year summary)Prior2YearDuration-1760000000JPY

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 21 passed
balance sheet identityconsolidated 2025-03-31pass rounding
balance sheet identityconsolidated 2026-03-31pass
balance sheet identitynon_consolidated 2025-03-31pass
balance sheet identitynon_consolidated 2026-03-31pass rounding
dei present pass
period resolution pass
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 2024-04-01/2025-03-31mismatch
statement vs summary · revenueconsolidated 2025-04-01/2026-03-31mismatch
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