Annual report

Period2025-03-01 → 2026-02-28

Filed2026-05-27

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 152

Metric	Value	Period	Scope	Source row
Revenue	¥40.8bn	2025-03-01 → 2026-02-28	Cons.	Net sales
Revenue	¥2.2bn	2025-03-01 → 2026-02-28	Cons.	Operating revenue2
Revenue	¥39.8bn	2024-03-01 → 2025-02-28	Cons.	Net sales
Revenue	¥2.0bn	2024-03-01 → 2025-02-28	Cons.	Operating revenue2
Revenue	¥38.3bn	2023-03-01 → 2024-02-29^v	Cons.	Net sales (5-year summary)
Revenue	¥37.2bn	2022-03-01 → 2023-02-28^v	Cons.	Net sales (5-year summary)
Revenue	¥37.9bn	2021-03-01 → 2022-02-28^v	Cons.	Net sales (5-year summary)
Operating income	¥340m	2025-03-01 → 2026-02-28	Cons.	Operating income
Operating income	¥133m	2024-03-01 → 2025-02-28	Cons.	Operating income
Ordinary income	¥324m	2025-03-01 → 2026-02-28	Cons.	Ordinary income
Ordinary income	¥146m	2024-03-01 → 2025-02-28	Cons.	Ordinary income
Ordinary income	¥398m	2023-03-01 → 2024-02-29^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥264m	2022-03-01 → 2023-02-28^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥688m	2021-03-01 → 2022-02-28^v	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥276m	2025-03-01 → 2026-02-28	Cons.	Income before income taxes
Profit before tax	¥125m	2024-03-01 → 2025-02-28	Cons.	Income before income taxes
Net income (owners)	¥131m	2025-03-01 → 2026-02-28	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥14m	2024-03-01 → 2025-02-28	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥135m	2023-03-01 → 2024-02-29^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥142m	2022-03-01 → 2023-02-28^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥418m	2021-03-01 → 2022-02-28^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥159m	2025-03-01 → 2026-02-28	Cons.	Profit loss
Net income	¥41m	2024-03-01 → 2025-02-28	Cons.	Profit loss
Total assets	¥16.6bn	at 2026-02-28	Cons.	Assets
Total assets	¥16.2bn	at 2025-02-28	Cons.	Assets
Total assets	¥16.2bn	at 2024-02-29^v	Cons.	Total assets (5-year summary)
Total assets	¥16.1bn	at 2023-02-28^v	Cons.	Total assets (5-year summary)
Total assets	¥16.5bn	at 2022-02-28^v	Cons.	Total assets (5-year summary)
Total liabilities	¥13.1bn	at 2026-02-28	Cons.	Liabilities
Total liabilities	¥13.0bn	at 2025-02-28	Cons.	Liabilities
Net assets / equity	¥3.5bn	at 2026-02-28	Cons.	Net assets
Net assets / equity	¥3.2bn	at 2025-02-28	Cons.	Net assets
Net assets / equity	¥3.3bn	at 2024-02-29^v	Cons.	Net assets
Net assets / equity	¥3.1bn	at 2023-02-28^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥3.0bn	at 2022-02-28^v	Cons.	Net assets (5-year summary)
Cash and deposits	¥923m	at 2026-02-28	Cons.	Cash and deposits
Cash and deposits	¥654m	at 2025-02-28	Cons.	Cash and deposits
Cash & equivalents	¥923m	at 2026-02-28	Cons.	Cash and cash equivalents
Cash & equivalents	¥654m	at 2025-02-28	Cons.	Cash and cash equivalents
Cash & equivalents	¥1.0bn	at 2024-02-29^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥941m	at 2023-02-28^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥1.1bn	at 2022-02-28^v	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥2.2bn	2025-03-01 → 2026-02-28	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥357m	2024-03-01 → 2025-02-28	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥1.5bn	2023-03-01 → 2024-02-29^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥665m	2022-03-01 → 2023-02-28^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥367m	2021-03-01 → 2022-02-28^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥404m	2025-03-01 → 2026-02-28	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥685m	2024-03-01 → 2025-02-28	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥682m	2023-03-01 → 2024-02-29^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥380m	2022-03-01 → 2023-02-28^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥536m	2021-03-01 → 2022-02-28^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥1.5bn	2025-03-01 → 2026-02-28	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥67m	2024-03-01 → 2025-02-28	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥746m	2023-03-01 → 2024-02-29^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥401m	2022-03-01 → 2023-02-28^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥671m	2021-03-01 → 2022-02-28^v	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥140.46	2025-03-01 → 2026-02-28	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥14.76	2024-03-01 → 2025-02-28	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥145.72	2023-03-01 → 2024-02-29^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥153.37	2022-03-01 → 2023-02-28^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥449.96	2021-03-01 → 2022-02-28^v	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥3,498.38	at 2026-02-28	Cons.	Net assets per share (5-year summary)
Net assets per share	¥3,205.71	at 2025-02-28	Cons.	Net assets per share (5-year summary)
Net assets per share	¥3,259.52	at 2024-02-29^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥3,108.13	at 2023-02-28^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥3,002.86	at 2022-02-28^v	Cons.	Net assets per share (5-year summary)
Equity ratio	19.7%	at 2026-02-28	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	18.5%	at 2025-02-28	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	18.8%	at 2024-02-29^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	17.9%	at 2023-02-28^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	16.9%	at 2022-02-28^v	Cons.	Equity to asset ratio (5-year summary)
ROE	4.2%	2025-03-01 → 2026-02-28	Cons.	Rate of return on equity (5-year summary)
ROE	0.5%	2024-03-01 → 2025-02-28	Cons.	Rate of return on equity (5-year summary)
ROE	4.6%	2023-03-01 → 2024-02-29^v	Cons.	Rate of return on equity (5-year summary)
ROE	5.0%	2022-03-01 → 2023-02-28^v	Cons.	Rate of return on equity (5-year summary)
ROE	16.1%	2021-03-01 → 2022-02-28^v	Cons.	Rate of return on equity (5-year summary)
Employees	455	at 2026-02-28	Cons.	Number of employees
Employees	459	at 2025-02-28	Cons.	Number of employees
Employees	463	at 2024-02-29^v	Cons.	Number of employees
Employees	464	at 2023-02-28^v	Cons.	Number of employees
Employees	479	at 2022-02-28^v	Cons.	Number of employees
Revenue	¥40.7bn	2025-03-01 → 2026-02-28	Standalone	Net sales
Revenue	¥1.1bn	2025-03-01 → 2026-02-28	Standalone	Operating revenue2
Revenue	¥39.7bn	2024-03-01 → 2025-02-28	Standalone	Net sales
Revenue	¥1.0bn	2024-03-01 → 2025-02-28	Standalone	Operating revenue2
Revenue	¥38.3bn	2023-03-01 → 2024-02-29^v	Standalone	Net sales (5-year summary)
Revenue	¥37.2bn	2022-03-01 → 2023-02-28^v	Standalone	Net sales (5-year summary)
Revenue	¥37.9bn	2021-03-01 → 2022-02-28^v	Standalone	Net sales (5-year summary)
Operating income	¥305m	2025-03-01 → 2026-02-28	Standalone	Operating income
Operating income	¥68m	2024-03-01 → 2025-02-28	Standalone	Operating income
Ordinary income	¥284m	2025-03-01 → 2026-02-28	Standalone	Ordinary income
Ordinary income	¥71m	2024-03-01 → 2025-02-28	Standalone	Ordinary income
Ordinary income	¥321m	2023-03-01 → 2024-02-29^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥162m	2022-03-01 → 2023-02-28^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥640m	2021-03-01 → 2022-02-28^v	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥101m	2025-03-01 → 2026-02-28	Standalone	Income before income taxes
Profit before tax	¥62m	2024-03-01 → 2025-02-28	Standalone	Income before income taxes
Net income	¥9m	2025-03-01 → 2026-02-28	Standalone	Profit loss
Net income	¥23m	2024-03-01 → 2025-02-28	Standalone	Profit loss
Net income	¥118m	2023-03-01 → 2024-02-29^v	Standalone	Net income loss (5-year summary)
Net income	¥74m	2022-03-01 → 2023-02-28^v	Standalone	Net income loss (5-year summary)
Net income	¥421m	2021-03-01 → 2022-02-28^v	Standalone	Net income loss (5-year summary)
Total assets	¥15.8bn	at 2026-02-28	Standalone	Assets
Total assets	¥15.6bn	at 2025-02-28	Standalone	Assets
Total assets	¥15.5bn	at 2024-02-29^v	Standalone	Total assets (5-year summary)
Total assets	¥15.4bn	at 2023-02-28^v	Standalone	Total assets (5-year summary)
Total assets	¥15.9bn	at 2022-02-28^v	Standalone	Total assets (5-year summary)
Total liabilities	¥13.0bn	at 2026-02-28	Standalone	Liabilities
Total liabilities	¥12.9bn	at 2025-02-28	Standalone	Liabilities
Net assets / equity	¥2.9bn	at 2026-02-28	Standalone	Net assets
Net assets / equity	¥2.7bn	at 2025-02-28	Standalone	Net assets
Net assets / equity	¥2.7bn	at 2024-02-29^v	Standalone	Net assets
Net assets / equity	¥2.6bn	at 2023-02-28^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥2.5bn	at 2022-02-28^v	Standalone	Net assets (5-year summary)
Cash and deposits	¥615m	at 2026-02-28	Standalone	Cash and deposits
Cash and deposits	¥508m	at 2025-02-28	Standalone	Cash and deposits
EPS (basic)	¥9.43	2025-03-01 → 2026-02-28	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥24.79	2024-03-01 → 2025-02-28	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥126.12	2023-03-01 → 2024-02-29^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥79.07	2022-03-01 → 2023-02-28^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥449.82	2021-03-01 → 2022-02-28^v	Standalone	Basic earnings loss per share (5-year summary)
Dividend per share	¥30	2025-03-01 → 2026-02-28	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥30	2024-03-01 → 2025-02-28	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥30	2023-03-01 → 2024-02-29^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥30	2022-03-01 → 2023-02-28^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥30	2021-03-01 → 2022-02-28^v	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥3,062.47	at 2026-02-28	Standalone	Net assets per share (5-year summary)
Net assets per share	¥2,894.05	at 2025-02-28	Standalone	Net assets per share (5-year summary)
Net assets per share	¥2,896.59	at 2024-02-29^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥2,766.3	at 2023-02-28^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥2,722.39	at 2022-02-28^v	Standalone	Net assets per share (5-year summary)
Equity ratio	18.1%	at 2026-02-28	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	17.4%	at 2025-02-28	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	17.5%	at 2024-02-29^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	16.8%	at 2023-02-28^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	16.0%	at 2022-02-28^v	Standalone	Equity to asset ratio (5-year summary)
ROE	0.3%	2025-03-01 → 2026-02-28	Standalone	Rate of return on equity (5-year summary)
ROE	0.9%	2024-03-01 → 2025-02-28	Standalone	Rate of return on equity (5-year summary)
ROE	4.5%	2023-03-01 → 2024-02-29^v	Standalone	Rate of return on equity (5-year summary)
ROE	2.9%	2022-03-01 → 2023-02-28^v	Standalone	Rate of return on equity (5-year summary)
ROE	17.9%	2021-03-01 → 2022-02-28^v	Standalone	Rate of return on equity (5-year summary)
Shares issued	934,999	at 2026-02-28	Standalone	Total number of issued shares (5-year summary)
Shares issued	934,999	at 2025-02-28	Standalone	Total number of issued shares (5-year summary)
Shares issued	934,999	at 2024-02-29^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	934,999	at 2023-02-28^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	934,999	at 2022-02-28^v	Standalone	Total number of issued shares (5-year summary)
Employees	394	at 2026-02-28	Standalone	Number of employees
Employees	395	at 2025-02-28	Standalone	Number of employees
Employees	397	at 2024-02-29^v	Standalone	Number of employees
Employees	399	at 2023-02-28^v	Standalone	Number of employees
Employees	409	at 2022-02-28^v	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 · 1,452

Item	Context	Value	Unit
Guarantee deposits ioa	Prior1YearInstant	784358000	JPY
Guarantee deposits ioa	CurrentYearInstant	770591000	JPY
Other ioa	Prior1YearInstant	64530000	JPY
Other ioa	CurrentYearInstant	67331000	JPY
Allowance for doubtful accounts ioa by group	Prior1YearInstant	-32720000	JPY
Allowance for doubtful accounts ioa by group	CurrentYearInstant	-32720000	JPY
Investments and other assets	Prior1YearInstant	1623405000	JPY
Investments and other assets	CurrentYearInstant	1796951000	JPY
Noncurrent assets	Prior1YearInstant	13127242000	JPY
Noncurrent assets	CurrentYearInstant	13193862000	JPY
Bond issuance cost da	Prior1YearInstant	1562000	JPY
Bond issuance cost da	CurrentYearInstant	747000	JPY
Deferred assets	Prior1YearInstant	1562000	JPY
Deferred assets	CurrentYearInstant	747000	JPY
Assets	Prior1YearInstant	16199211000	JPY
Assets	CurrentYearInstant	16636958000	JPY
Accounts payable trade	Prior1YearInstant	2645390000	JPY
Accounts payable trade	CurrentYearInstant	3528527000	JPY
Short term loans payable	Prior1YearInstant	1080000000	JPY
Short term loans payable	CurrentYearInstant	616800000	JPY
Current portion of bonds	Prior1YearInstant	134000000	JPY
Current portion of bonds	CurrentYearInstant	88000000	JPY
Current portion of long term loans payable	Prior1YearInstant	1665228000	JPY
Current portion of long term loans payable	CurrentYearInstant	1834537000	JPY
Income taxes payable	Prior1YearInstant	47707000	JPY
Income taxes payable	CurrentYearInstant	145002000	JPY
Provision for bonuses	Prior1YearInstant	118843000	JPY
Provision for bonuses	CurrentYearInstant	128520000	JPY
Contract liabilities	Prior1YearInstant	90874000	JPY
Contract liabilities	CurrentYearInstant	91215000	JPY
Other cl	Prior1YearInstant	829003000	JPY
Other cl	CurrentYearInstant	1286004000	JPY
Current liabilities	Prior1YearInstant	6611047000	JPY
Current liabilities	CurrentYearInstant	7718607000	JPY
Bonds payable	Prior1YearInstant	203000000	JPY
Bonds payable	CurrentYearInstant	115000000	JPY
Long term loans payable	Prior1YearInstant	4540210000	JPY
Long term loans payable	CurrentYearInstant	3534084000	JPY
Lease obligations ncl	Prior1YearInstant	51667000	JPY
Lease obligations ncl	CurrentYearInstant	141975000	JPY
Net defined benefit liability	Prior1YearInstant	1106910000	JPY
Net defined benefit liability	CurrentYearInstant	1134935000	JPY
Provision for directors retirement benefits	Prior1YearInstant	60778000	JPY
Provision for directors retirement benefits	CurrentYearInstant	68108000	JPY
Asset retirement obligations ncl	Prior1YearInstant	117778000	JPY
Asset retirement obligations ncl	CurrentYearInstant	119957000	JPY
Other ncl	Prior1YearInstant	274933000	JPY
Other ncl	CurrentYearInstant	269586000	JPY
Noncurrent liabilities	Prior1YearInstant	6355277000	JPY
Noncurrent liabilities	CurrentYearInstant	5383646000	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 2025-02-28	pass rounding
balance sheet identity	consolidated 2026-02-28	pass rounding
balance sheet identity	non_consolidated 2025-02-28	pass rounding
balance sheet identity	non_consolidated 2026-02-28	pass rounding
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2024-02-29	pass
statement vs summary · net assets	consolidated 2025-02-28	pass
statement vs summary · net assets	consolidated 2026-02-28	pass
statement vs summary · net assets	non_consolidated 2024-02-29	pass
statement vs summary · net assets	non_consolidated 2025-02-28	pass
statement vs summary · net assets	non_consolidated 2026-02-28	pass
statement vs summary · net income attributable to parent	consolidated 2024-03-01/2025-02-28	pass
statement vs summary · net income attributable to parent	consolidated 2025-03-01/2026-02-28	pass
statement vs summary · operating cash flow	consolidated 2024-03-01/2025-02-28	pass
statement vs summary · operating cash flow	consolidated 2025-03-01/2026-02-28	pass
statement vs summary · revenue	consolidated 2024-03-01/2025-02-28	pass
statement vs summary · revenue	consolidated 2025-03-01/2026-02-28	pass
statement vs summary · revenue	non_consolidated 2024-03-01/2025-02-28	pass
statement vs summary · revenue	non_consolidated 2025-03-01/2026-02-28	pass
statement vs summary · total assets	consolidated 2025-02-28	pass
statement vs summary · total assets	consolidated 2026-02-28	pass
statement vs summary · total assets	non_consolidated 2025-02-28	pass
statement vs summary · total assets	non_consolidated 2026-02-28	pass