Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-29
StandardJapan GAAP
ConsolidatedYes
Data checks23 of 23 passed
Key figures · 119
MetricValuePeriodScopeSource row
Revenue¥4.1bn2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥4.1bn2024-04-01 → 2025-03-31Cons.Net sales
Operating income−¥287m2025-04-01 → 2026-03-31Cons.Operating income
Operating income−¥376m2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income−¥264m2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income−¥361m2024-04-01 → 2025-03-31Cons.Ordinary income
Profit before tax−¥289m2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax−¥1.5bn2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)−¥281m2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥1.4bn2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income−¥281m2025-04-01 → 2026-03-31Cons.Profit loss
Net income−¥1.4bn2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥4.7bnat 2026-03-31Cons.Assets
Total assets¥5.2bnat 2025-03-31Cons.Assets
Total liabilities¥2.8bnat 2026-03-31Cons.Liabilities
Total liabilities¥3.1bnat 2025-03-31Cons.Liabilities
Net assets / equity¥1.9bnat 2026-03-31Cons.Net assets
Net assets / equity¥2.2bnat 2025-03-31Cons.Net assets
Net assets / equity¥3.6bnat 2024-03-31vCons.Net assets
Cash and deposits¥772mat 2026-03-31Cons.Cash and deposits
Cash and deposits¥1.2bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥769mat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥1.2bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥1.1bnat 2024-03-31vCons.Cash and cash equivalents
Operating cash flow−¥377m2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥278m2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Investing cash flow−¥10m2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥243m2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Financing cash flow−¥74m2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow¥103m2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
EPS (basic)¥-252.752025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-1,293.582024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
Net assets per share¥1,679.66at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,941.53at 2025-03-31Cons.Net assets per share (5-year summary)
Equity ratio40.0%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio41.4%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
ROE-14.0%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE-66.6%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
Employees102at 2026-03-31Cons.Number of employees
Employees115at 2025-03-31Cons.Number of employees
Revenue¥3.8bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥4.1bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥4.5bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥5.1bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥4.8bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income−¥246m2025-04-01 → 2026-03-31StandaloneOperating income
Operating income−¥335m2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income−¥221m2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income−¥320m2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income−¥125m2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥182m2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥305m2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax−¥221m2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax−¥1.4bn2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income−¥224m2025-04-01 → 2026-03-31StandaloneProfit loss
Net income−¥1.4bn2024-04-01 → 2025-03-31StandaloneProfit loss
Net income−¥152m2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥103m2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥296m2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥4.5bnat 2026-03-31StandaloneAssets
Total assets¥4.9bnat 2025-03-31StandaloneAssets
Total assets¥6.1bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥6.4bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥6.2bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥2.5bnat 2026-03-31StandaloneLiabilities
Total liabilities¥2.7bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥2.0bnat 2026-03-31StandaloneNet assets
Net assets / equity¥2.2bnat 2025-03-31StandaloneNet assets
Net assets / equity¥3.6bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥3.8bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥3.7bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥608mat 2026-03-31StandaloneCash and deposits
Cash and deposits¥1.0bnat 2025-03-31StandaloneCash and deposits
Cash & equivalents¥1.1bnat 2024-03-31vStandaloneCash and cash equivalents (5-year summary)
Cash & equivalents¥1.6bnat 2023-03-31vStandaloneCash and cash equivalents (5-year summary)
Cash & equivalents¥1.4bnat 2022-03-31vStandaloneCash and cash equivalents (5-year summary)
Operating cash flow−¥88m2023-04-01 → 2024-03-31vStandaloneNet cash provided by used in operating activities (5-year summary)
Operating cash flow¥456m2022-04-01 → 2023-03-31vStandaloneNet cash provided by used in operating activities (5-year summary)
Operating cash flow¥119m2021-04-01 → 2022-03-31vStandaloneNet cash provided by used in operating activities (5-year summary)
Investing cash flow−¥508m2023-04-01 → 2024-03-31vStandaloneNet cash provided by used in investing activities (5-year summary)
Investing cash flow−¥12m2022-04-01 → 2023-03-31vStandaloneNet cash provided by used in investing activities (5-year summary)
Investing cash flow−¥15m2021-04-01 → 2022-03-31vStandaloneNet cash provided by used in investing activities (5-year summary)
Financing cash flow¥62m2023-04-01 → 2024-03-31vStandaloneNet cash provided by used in financing activities (5-year summary)
Financing cash flow−¥198m2022-04-01 → 2023-03-31vStandaloneNet cash provided by used in financing activities (5-year summary)
Financing cash flow−¥192m2021-04-01 → 2022-03-31vStandaloneNet cash provided by used in financing activities (5-year summary)
EPS (basic)¥-201.752025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-1,255.422024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-137.142023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥92.72022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥266.762021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥202024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥252023-04-01 → 2024-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥302022-04-01 → 2023-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥302021-04-01 → 2022-03-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥1,768.83at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,979.69at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥3,261.45at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥3,421.84at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥3,357.47at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio44.1%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio45.2%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio59.8%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio59.6%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio59.7%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE-10.8%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE-47.9%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE-4.1%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE2.7%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE8.3%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued1,187,000at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued1,187,000at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued1,187,000at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued1,187,000at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued1,187,000at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees92at 2026-03-31StandaloneNumber of employees
Employees105at 2025-03-31StandaloneNumber of employees
Employees106at 2024-03-31vStandaloneNumber of employees
Employees92at 2023-03-31vStandaloneNumber of employees
Employees86at 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 · 70
SegmentItemPeriodValue
Reconciling Itemsreconcilingcapex2025-04-01 → 2026-03-31¥8m
Reconciling Itemsreconcilingdepreciation2025-04-01 → 2026-03-31¥1m
Reconciling Itemsreconcilingrevenue2025-04-01 → 2026-03-31−¥187m
Reconciling Itemsreconcilingrevenue intersegment2025-04-01 → 2026-03-31−¥187m
Reconciling Itemsreconcilingsegment assetsat 2026-03-31¥958m
Reconciling Itemsreconcilingsegment profit2025-04-01 → 2026-03-31−¥255m
Construction Businessreportable segmentcapex2025-04-01 → 2026-03-31¥11m
Construction Businessreportable segmentdepreciation2025-04-01 → 2026-03-31¥1m
Construction Businessreportable segmentemployeesat 2026-03-3114 pure
Construction Businessreportable segmentrevenue2025-04-01 → 2026-03-31¥1.1bn
Construction Businessreportable segmentrevenue external2025-04-01 → 2026-03-31¥1.1bn
Construction Businessreportable segmentsegment assetsat 2026-03-31¥311m
Construction Businessreportable segmentsegment profit2025-04-01 → 2026-03-31−¥23m
Housing Material Businessreportable segmentcapex2025-04-01 → 2026-03-31¥16m
Housing Material Businessreportable segmentdepreciation2025-04-01 → 2026-03-31¥5m
Housing Material Businessreportable segmentemployeesat 2026-03-3178 pure
Housing Material Businessreportable segmentrevenue2025-04-01 → 2026-03-31¥3.1bn
Housing Material Businessreportable segmentrevenue external2025-04-01 → 2026-03-31¥2.9bn
Housing Material Businessreportable segmentrevenue intersegment2025-04-01 → 2026-03-31¥187m
Housing Material Businessreportable segmentsegment assetsat 2026-03-31¥2.6bn
Housing Material Businessreportable segmentsegment profit2025-04-01 → 2026-03-31−¥57m
Real Estate Businessreportable segmentcapex2025-04-01 → 2026-03-31¥3m
Real Estate Businessreportable segmentdepreciation2025-04-01 → 2026-03-31¥7m
Real Estate Businessreportable segmentemployeesat 2026-03-311 pure
Real Estate Businessreportable segmentrevenue2025-04-01 → 2026-03-31¥70m
Real Estate Businessreportable segmentrevenue external2025-04-01 → 2026-03-31¥70m
Real Estate Businessreportable segmentsegment assetsat 2026-03-31¥787m
Real Estate Businessreportable segmentsegment profit2025-04-01 → 2026-03-31¥48m
—segment totalcapex2025-04-01 → 2026-03-31¥30m
—segment totaldepreciation2025-04-01 → 2026-03-31¥13m
—segment totalrevenue2025-04-01 → 2026-03-31¥4.3bn
—segment totalrevenue external2025-04-01 → 2026-03-31¥4.1bn
—segment totalrevenue intersegment2025-04-01 → 2026-03-31¥187m
—segment totalsegment assetsat 2026-03-31¥3.7bn
—segment totalsegment profit2025-04-01 → 2026-03-31−¥32m
Reconciling Itemsreconcilingcapex2024-04-01 → 2025-03-31¥1m
Reconciling Itemsreconcilingdepreciation2024-04-01 → 2025-03-31¥3m
Reconciling Itemsreconcilingrevenue2024-04-01 → 2025-03-31−¥193m
Reconciling Itemsreconcilingrevenue intersegment2024-04-01 → 2025-03-31−¥193m
Reconciling Itemsreconcilingsegment assetsat 2025-03-31¥1.3bn
Reconciling Itemsreconcilingsegment profit2024-04-01 → 2025-03-31−¥262m
Construction Businessreportable segmentcapex2024-04-01 → 2025-03-31¥1m
Construction Businessreportable segmentdepreciation2024-04-01 → 2025-03-31¥1m
Construction Businessreportable segmentrevenue2024-04-01 → 2025-03-31¥1.1bn
Construction Businessreportable segmentrevenue external2024-04-01 → 2025-03-31¥1.1bn
Construction Businessreportable segmentsegment assetsat 2025-03-31¥557m
Construction Businessreportable segmentsegment profit2024-04-01 → 2025-03-31−¥836,000
Housing Material Businessreportable segmentcapex2024-04-01 → 2025-03-31¥67m
Housing Material Businessreportable segmentdepreciation2024-04-01 → 2025-03-31¥106m
Housing Material Businessreportable segmentrevenue2024-04-01 → 2025-03-31¥3.1bn
Housing Material Businessreportable segmentrevenue external2024-04-01 → 2025-03-31¥2.9bn
Housing Material Businessreportable segmentrevenue intersegment2024-04-01 → 2025-03-31¥193m
Housing Material Businessreportable segmentsegment assetsat 2025-03-31¥2.5bn
Housing Material Businessreportable segmentsegment profit2024-04-01 → 2025-03-31−¥152m
Real Estate Businessreportable segmentcapex2024-04-01 → 2025-03-31¥40m
Real Estate Businessreportable segmentdepreciation2024-04-01 → 2025-03-31¥12m
Real Estate Businessreportable segmentrevenue2024-04-01 → 2025-03-31¥66m
Real Estate Businessreportable segmentrevenue external2024-04-01 → 2025-03-31¥66m
Real Estate Businessreportable segmentsegment assetsat 2025-03-31¥791m
Real Estate Businessreportable segmentsegment profit2024-04-01 → 2025-03-31¥39m
—segment totalcapex2024-04-01 → 2025-03-31¥108m
—segment totaldepreciation2024-04-01 → 2025-03-31¥120m
—segment totalrevenue2024-04-01 → 2025-03-31¥4.3bn
—segment totalrevenue external2024-04-01 → 2025-03-31¥4.1bn
—segment totalrevenue intersegment2024-04-01 → 2025-03-31¥193m
—segment totalsegment assetsat 2025-03-31¥3.9bn
—segment totalsegment profit2024-04-01 → 2025-03-31−¥113m
Construction Businessreportable segmentemployeesat 2026-03-3114 pure
Housing Material Businessreportable segmentemployeesat 2026-03-3168 pure
Real Estate Businessreportable segmentemployeesat 2026-03-311 pure

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

All source rows · 1,628
ItemContextValueUnit
Net cash provided by used in operating activities (5-year summary)Prior1YearDuration_NonConsolidatedMember-JPY
Net cash provided by used in operating activities (5-year summary)CurrentYearDuration_NonConsolidatedMember-JPY
Net cash provided by used in investing activities (5-year summary)Prior4YearDuration_NonConsolidatedMember-14753000JPY
Net cash provided by used in investing activities (5-year summary)Prior3YearDuration_NonConsolidatedMember-11778000JPY
Net cash provided by used in investing activities (5-year summary)Prior2YearDuration_NonConsolidatedMember-508314000JPY
Net cash provided by used in investing activities (5-year summary)Prior1YearDuration_NonConsolidatedMember-JPY
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-192345000JPY
Net cash provided by used in financing activities (5-year summary)Prior3YearDuration_NonConsolidatedMember-198357000JPY
Net cash provided by used in financing activities (5-year summary)Prior2YearDuration_NonConsolidatedMember61636000JPY
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_NonConsolidatedMember1382022000JPY
Cash and cash equivalents (5-year summary)Prior3YearInstant_NonConsolidatedMember1627672000JPY
Cash and cash equivalents (5-year summary)Prior2YearInstant_NonConsolidatedMember1092722000JPY
Cash and cash equivalents (5-year summary)Prior1YearInstant_NonConsolidatedMember-JPY
Cash and cash equivalents (5-year summary)CurrentYearInstant_NonConsolidatedMember-JPY
Number of employeesPrior4YearInstant_NonConsolidatedMember86
Number of employeesPrior3YearInstant_NonConsolidatedMember92
Number of employeesPrior2YearInstant_NonConsolidatedMember106
Number of employeesPrior1YearInstant_NonConsolidatedMember105
Number of employeesCurrentYearInstant_NonConsolidatedMember92
Average number of temporary workersPrior4YearInstant_NonConsolidatedMember13
Average number of temporary workersPrior3YearInstant_NonConsolidatedMember8
Average number of temporary workersPrior2YearInstant_NonConsolidatedMember3
Average number of temporary workersPrior1YearInstant_NonConsolidatedMember3
Average number of temporary workersCurrentYearInstant_NonConsolidatedMember3
Total shareholder returnPrior4YearInstant_NonConsolidatedMember1.656
Total shareholder returnPrior3YearInstant_NonConsolidatedMember1.325
Total shareholder returnPrior2YearInstant_NonConsolidatedMember3.147
Total shareholder returnPrior1YearInstant_NonConsolidatedMember1.577
Total shareholder returnCurrentYearInstant_NonConsolidatedMember1.515
Total return on share price indexPrior4YearInstant_NonConsolidatedMember1.020
Total return on share price indexPrior3YearInstant_NonConsolidatedMember1.079
Total return on share price indexPrior2YearInstant_NonConsolidatedMember1.525
Total return on share price indexPrior1YearInstant_NonConsolidatedMember1.502
Total return on share price indexCurrentYearInstant_NonConsolidatedMember2.022
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row1Member25
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row1Member24
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row2Member80
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row2Member77
Capital expenditures overview of capital expenditures etcCurrentYearDuration37000000JPY
Number of issued shares as of fiscal year end issued shares total number of shares etcFilingDateInstant_OrdinaryShareMember1187368
Number of issued shares as of filing date issued shares total number of shares etcFilingDateInstant_OrdinaryShareMember1187368
Number of issued shares as of fiscal year end issued shares total number of shares etcFilingDateInstant1187368
Number of issued shares as of filing date issued shares total number of shares etcFilingDateInstant1187368
Number of shares constituting one unitCurrentYearInstant_OrdinaryShareMember100
Number of shareholders national and local governmentsCurrentYearInstant_OrdinaryShareMember-
Number of shareholders financial institutionsCurrentYearInstant_OrdinaryShareMember2
Number of shareholders financial service providersCurrentYearInstant_OrdinaryShareMember17

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 · 23 of 23 passed
balance sheet identityconsolidated 2025-03-31pass
balance sheet identityconsolidated 2026-03-31pass rounding
balance sheet identitynon_consolidated 2025-03-31pass rounding
balance sheet identitynon_consolidated 2026-03-31pass rounding
dei present pass
period resolution pass
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