Annual report

Period2025-03-01 → 2026-02-28

Filed2026-05-19

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 158

Metric	Value	Period	Scope	Source row
Revenue	¥134.2bn	2025-03-01 → 2026-02-28	Cons.	Net sales
Revenue	¥3.8bn	2025-03-01 → 2026-02-28	Cons.	Operating revenue2
Revenue	¥133.5bn	2024-03-01 → 2025-02-28	Cons.	Net sales
Revenue	¥3.7bn	2024-03-01 → 2025-02-28	Cons.	Operating revenue2
Revenue	¥126.4bn	2023-03-01 → 2024-02-29^v	Cons.	Net sales (5-year summary)
Revenue	¥119.1bn	2022-03-01 → 2023-02-28^v	Cons.	Net sales (5-year summary)
Revenue	¥134.8bn	2021-03-01 → 2022-02-28^v	Cons.	Net sales (5-year summary)
Operating income	¥5.7bn	2025-03-01 → 2026-02-28	Cons.	Operating income
Operating income	¥6.0bn	2024-03-01 → 2025-02-28	Cons.	Operating income
Ordinary income	¥5.9bn	2025-03-01 → 2026-02-28	Cons.	Ordinary income
Ordinary income	¥6.3bn	2024-03-01 → 2025-02-28	Cons.	Ordinary income
Ordinary income	¥5.9bn	2023-03-01 → 2024-02-29^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥4.5bn	2022-03-01 → 2023-02-28^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥6.0bn	2021-03-01 → 2022-02-28^v	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥3.9bn	2025-03-01 → 2026-02-28	Cons.	Income before income taxes
Profit before tax	¥6.0bn	2024-03-01 → 2025-02-28	Cons.	Income before income taxes
Net income (owners)	¥2.6bn	2025-03-01 → 2026-02-28	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥4.1bn	2024-03-01 → 2025-02-28	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥3.6bn	2023-03-01 → 2024-02-29^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥1.6bn	2022-03-01 → 2023-02-28^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥3.9bn	2021-03-01 → 2022-02-28^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥2.6bn	2025-03-01 → 2026-02-28	Cons.	Profit loss
Net income	¥4.1bn	2024-03-01 → 2025-02-28	Cons.	Profit loss
Total assets	¥56.5bn	at 2026-02-28	Cons.	Assets
Total assets	¥57.7bn	at 2025-02-28	Cons.	Assets
Total assets	¥52.2bn	at 2024-02-29^v	Cons.	Total assets (5-year summary)
Total assets	¥47.3bn	at 2023-02-28^v	Cons.	Total assets (5-year summary)
Total assets	¥48.7bn	at 2022-02-28^v	Cons.	Total assets (5-year summary)
Total liabilities	¥27.3bn	at 2026-02-28	Cons.	Liabilities
Total liabilities	¥30.8bn	at 2025-02-28	Cons.	Liabilities
Net assets / equity	¥29.2bn	at 2026-02-28	Cons.	Net assets
Net assets / equity	¥26.9bn	at 2025-02-28	Cons.	Net assets
Net assets / equity	¥23.3bn	at 2024-02-29^v	Cons.	Net assets
Net assets / equity	¥20.1bn	at 2023-02-28^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥19.5bn	at 2022-02-28^v	Cons.	Net assets (5-year summary)
Cash and deposits	¥10.2bn	at 2026-02-28	Cons.	Cash and deposits
Cash and deposits	¥13.5bn	at 2025-02-28	Cons.	Cash and deposits
Cash & equivalents	¥10.2bn	at 2026-02-28	Cons.	Cash and cash equivalents
Cash & equivalents	¥13.4bn	at 2025-02-28	Cons.	Cash and cash equivalents
Cash & equivalents	¥12.7bn	at 2024-02-29^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥9.0bn	at 2023-02-28^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥11.6bn	at 2022-02-28^v	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥5.3bn	2025-03-01 → 2026-02-28	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥5.3bn	2024-03-01 → 2025-02-28	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥7.4bn	2023-03-01 → 2024-02-29^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥3.3bn	2022-03-01 → 2023-02-28^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥6.1bn	2021-03-01 → 2022-02-28^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥5.0bn	2025-03-01 → 2026-02-28	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥3.0bn	2024-03-01 → 2025-02-28	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥3.3bn	2023-03-01 → 2024-02-29^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥4.2bn	2022-03-01 → 2023-02-28^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥3.3bn	2021-03-01 → 2022-02-28^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥3.5bn	2025-03-01 → 2026-02-28	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥1.4bn	2024-03-01 → 2025-02-28	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥423m	2023-03-01 → 2024-02-29^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥1.7bn	2022-03-01 → 2023-02-28^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥1.9bn	2021-03-01 → 2022-02-28^v	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥235.6	2025-03-01 → 2026-02-28	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥368.46	2024-03-01 → 2025-02-28	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥320.51	2023-03-01 → 2024-02-29^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥143.87	2022-03-01 → 2023-02-28^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥358.64	2021-03-01 → 2022-02-28^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥320.08	2023-03-01 → 2024-02-29^v	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥143.49	2022-03-01 → 2023-02-28^v	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥345.91	2021-03-01 → 2022-02-28^v	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥2,601.69	at 2026-02-28	Cons.	Net assets per share (5-year summary)
Net assets per share	¥2,395.06	at 2025-02-28	Cons.	Net assets per share (5-year summary)
Net assets per share	¥2,077.85	at 2024-02-29^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,800.21	at 2023-02-28^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,717.86	at 2022-02-28^v	Cons.	Net assets per share (5-year summary)
Equity ratio	51.8%	at 2026-02-28	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	46.6%	at 2025-02-28	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	44.6%	at 2024-02-29^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	42.4%	at 2023-02-28^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	40.1%	at 2022-02-28^v	Cons.	Equity to asset ratio (5-year summary)
ROE	9.4%	2025-03-01 → 2026-02-28	Cons.	Rate of return on equity (5-year summary)
ROE	16.5%	2024-03-01 → 2025-02-28	Cons.	Rate of return on equity (5-year summary)
ROE	16.5%	2023-03-01 → 2024-02-29^v	Cons.	Rate of return on equity (5-year summary)
ROE	8.1%	2022-03-01 → 2023-02-28^v	Cons.	Rate of return on equity (5-year summary)
ROE	21.8%	2021-03-01 → 2022-02-28^v	Cons.	Rate of return on equity (5-year summary)
Employees	1,574	at 2026-02-28	Cons.	Number of employees
Employees	1,609	at 2025-02-28	Cons.	Number of employees
Employees	1,485	at 2024-02-29^v	Cons.	Number of employees
Employees	1,488	at 2023-02-28^v	Cons.	Number of employees
Employees	1,480	at 2022-02-28^v	Cons.	Number of employees
Revenue	¥72.0bn	2025-03-01 → 2026-02-28	Standalone	Net sales
Revenue	¥2.3bn	2025-03-01 → 2026-02-28	Standalone	Operating revenue2
Revenue	¥72.4bn	2024-03-01 → 2025-02-28	Standalone	Net sales
Revenue	¥2.3bn	2024-03-01 → 2025-02-28	Standalone	Operating revenue2
Revenue	¥70.2bn	2023-03-01 → 2024-02-29^v	Standalone	Net sales (5-year summary)
Revenue	¥65.5bn	2022-03-01 → 2023-02-28^v	Standalone	Net sales (5-year summary)
Revenue	¥75.1bn	2021-03-01 → 2022-02-28^v	Standalone	Net sales (5-year summary)
Operating income	¥3.2bn	2025-03-01 → 2026-02-28	Standalone	Operating income
Operating income	¥3.4bn	2024-03-01 → 2025-02-28	Standalone	Operating income
Ordinary income	¥4.6bn	2025-03-01 → 2026-02-28	Standalone	Ordinary income
Ordinary income	¥5.0bn	2024-03-01 → 2025-02-28	Standalone	Ordinary income
Ordinary income	¥4.2bn	2023-03-01 → 2024-02-29^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥3.4bn	2022-03-01 → 2023-02-28^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥4.5bn	2021-03-01 → 2022-02-28^v	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥3.7bn	2025-03-01 → 2026-02-28	Standalone	Income before income taxes
Profit before tax	¥4.8bn	2024-03-01 → 2025-02-28	Standalone	Income before income taxes
Net income	¥2.6bn	2025-03-01 → 2026-02-28	Standalone	Profit loss
Net income	¥3.5bn	2024-03-01 → 2025-02-28	Standalone	Profit loss
Net income	¥2.6bn	2023-03-01 → 2024-02-29^v	Standalone	Net income loss (5-year summary)
Net income	¥1.7bn	2022-03-01 → 2023-02-28^v	Standalone	Net income loss (5-year summary)
Net income	¥2.9bn	2021-03-01 → 2022-02-28^v	Standalone	Net income loss (5-year summary)
Total assets	¥47.1bn	at 2026-02-28	Standalone	Assets
Total assets	¥47.5bn	at 2025-02-28	Standalone	Assets
Total assets	¥43.4bn	at 2024-02-29^v	Standalone	Total assets (5-year summary)
Total assets	¥39.9bn	at 2023-02-28^v	Standalone	Total assets (5-year summary)
Total assets	¥40.0bn	at 2022-02-28^v	Standalone	Total assets (5-year summary)
Total liabilities	¥21.3bn	at 2026-02-28	Standalone	Liabilities
Total liabilities	¥23.8bn	at 2025-02-28	Standalone	Liabilities
Net assets / equity	¥25.8bn	at 2026-02-28	Standalone	Net assets
Net assets / equity	¥23.7bn	at 2025-02-28	Standalone	Net assets
Net assets / equity	¥20.8bn	at 2024-02-29^v	Standalone	Net assets
Net assets / equity	¥18.7bn	at 2023-02-28^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥18.1bn	at 2022-02-28^v	Standalone	Net assets (5-year summary)
Cash and deposits	¥7.5bn	at 2026-02-28	Standalone	Cash and deposits
Cash and deposits	¥10.2bn	at 2025-02-28	Standalone	Cash and deposits
EPS (basic)	¥234.86	2025-03-01 → 2026-02-28	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥310.61	2024-03-01 → 2025-02-28	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥231.47	2023-03-01 → 2024-02-29^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥152.72	2022-03-01 → 2023-02-28^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥271.12	2021-03-01 → 2022-02-28^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥231.16	2023-03-01 → 2024-02-29^v	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥152.32	2022-03-01 → 2023-02-28^v	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥261.49	2021-03-01 → 2022-02-28^v	Standalone	Diluted earnings per share (5-year summary)
Dividend per share	¥70	2025-03-01 → 2026-02-28	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥65	2024-03-01 → 2025-02-28	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥60	2023-03-01 → 2024-02-29^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥55	2022-03-01 → 2023-02-28^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥50	2021-03-01 → 2022-02-28^v	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥2,298.87	at 2026-02-28	Standalone	Net assets per share (5-year summary)
Net assets per share	¥2,114.58	at 2025-02-28	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,858.18	at 2024-02-29^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,679.3	at 2023-02-28^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,590.71	at 2022-02-28^v	Standalone	Net assets per share (5-year summary)
Equity ratio	54.8%	at 2026-02-28	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	49.9%	at 2025-02-28	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	47.9%	at 2024-02-29^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	46.9%	at 2023-02-28^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	45.3%	at 2022-02-28^v	Standalone	Equity to asset ratio (5-year summary)
ROE	10.6%	2025-03-01 → 2026-02-28	Standalone	Rate of return on equity (5-year summary)
ROE	15.6%	2024-03-01 → 2025-02-28	Standalone	Rate of return on equity (5-year summary)
ROE	13.1%	2023-03-01 → 2024-02-29^v	Standalone	Rate of return on equity (5-year summary)
ROE	9.3%	2022-03-01 → 2023-02-28^v	Standalone	Rate of return on equity (5-year summary)
ROE	17.4%	2021-03-01 → 2022-02-28^v	Standalone	Rate of return on equity (5-year summary)
Shares issued	11,648,917	at 2026-02-28	Standalone	Total number of issued shares (5-year summary)
Shares issued	11,648,917	at 2025-02-28	Standalone	Total number of issued shares (5-year summary)
Shares issued	11,648,917	at 2024-02-29^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	11,648,917	at 2023-02-28^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	11,648,917	at 2022-02-28^v	Standalone	Total number of issued shares (5-year summary)
Employees	817	at 2026-02-28	Standalone	Number of employees
Employees	835	at 2025-02-28	Standalone	Number of employees
Employees	829	at 2024-02-29^v	Standalone	Number of employees
Employees	832	at 2023-02-28^v	Standalone	Number of employees
Employees	826	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 · 1,534

Item	Context	Value	Unit
Independent auditors report consolidated (text)	FilingDateInstant	Text · Plus
Audit firm1 consolidated	FilingDateInstant	Original text (Japanese) アーク　有限責任監査法人
Cpa1 audit firm1 consolidated	FilingDateInstant	Original text (Japanese) 雛鶴　義男
Cpa2 audit firm1 consolidated	FilingDateInstant	Original text (Japanese) 渡部　源一
Key audit matters consolidated (text)	FilingDateInstant	Text · Plus
Overview kam consolidated (text)	FilingDateInstant	Text · Plus
Short description kam consolidated	FilingDateInstant_Row1Member	Original text (Japanese) 店舗固定資産の減損
Description including reason kam consolidated (text)	FilingDateInstant_Row1Member	Text · Plus
Reference kam consolidated	FilingDateInstant_Row1Member	Original text (Japanese) 連結財務諸表【注記事項】（重要な会計上の見積り）
Auditors response kam consolidated (text)	FilingDateInstant_Row1Member	Text · Plus
Other information consolidated (text)	FilingDateInstant	Text · Plus
Fee related information consolidated (text)	FilingDateInstant	Text · Plus
Independent auditors report non consolidated (text)	FilingDateInstant	Text · Plus
Audit firm1 non consolidated	FilingDateInstant	Original text (Japanese) アーク　有限責任監査法人
Cpa1 audit firm1 non consolidated	FilingDateInstant	Original text (Japanese) 雛鶴　義男
Cpa2 audit firm1 non consolidated	FilingDateInstant	Original text (Japanese) 渡部　源一
Key audit matters non consolidated (text)	FilingDateInstant	Text · Plus
Overview kam non consolidated (text)	FilingDateInstant	Text · Plus
Short description kam non consolidated	FilingDateInstant_Row1Member	Original text (Japanese) 店舗固定資産の減損
Same as kam for consolidated fskam non consolidated (text)	FilingDateInstant_Row1Member	Text · Plus
Reference kam non consolidated	FilingDateInstant_Row1Member	Original text (Japanese) 財務諸表【注記事項】（重要な会計上の見積り）
Other information non consolidated (text)	FilingDateInstant	Text · Plus
Fee related information non consolidated (text)	FilingDateInstant	Text · Plus
Number of submission	FilingDateInstant	1
Net sales (5-year summary)	Prior4YearDuration	134775000000	JPY
Net sales (5-year summary)	Prior3YearDuration	119057000000	JPY
Net sales (5-year summary)	Prior2YearDuration	126377000000	JPY
Net sales (5-year summary)	Prior1YearDuration	133521000000	JPY
Net sales (5-year summary)	CurrentYearDuration	134198000000	JPY
Ordinary income loss (5-year summary)	Prior4YearDuration	6046000000	JPY
Ordinary income loss (5-year summary)	Prior3YearDuration	4522000000	JPY
Ordinary income loss (5-year summary)	Prior2YearDuration	5928000000	JPY
Ordinary income loss (5-year summary)	Prior1YearDuration	6285000000	JPY
Ordinary income loss (5-year summary)	CurrentYearDuration	5891000000	JPY
Profit loss attributable to owners of parent (5-year summary)	Prior4YearDuration	3898000000	JPY
Profit loss attributable to owners of parent (5-year summary)	Prior3YearDuration	1610000000	JPY
Profit loss attributable to owners of parent (5-year summary)	Prior2YearDuration	3578000000	JPY
Profit loss attributable to owners of parent (5-year summary)	Prior1YearDuration	4131000000	JPY
Profit loss attributable to owners of parent (5-year summary)	CurrentYearDuration	2645000000	JPY
Comprehensive income (5-year summary)	Prior4YearDuration	3907000000	JPY
Comprehensive income (5-year summary)	Prior3YearDuration	1629000000	JPY
Comprehensive income (5-year summary)	Prior2YearDuration	3746000000	JPY
Comprehensive income (5-year summary)	Prior1YearDuration	4226000000	JPY
Comprehensive income (5-year summary)	CurrentYearDuration	3050000000	JPY
Net assets (5-year summary)	Prior4YearInstant	19544000000	JPY
Net assets (5-year summary)	Prior3YearInstant	20065000000	JPY
Net assets (5-year summary)	Prior2YearInstant	23274000000	JPY
Net assets (5-year summary)	Prior1YearInstant	26864000000	JPY
Net assets (5-year summary)	CurrentYearInstant	29229000000	JPY
Total assets (5-year summary)	Prior4YearInstant	48687000000	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
balance sheet identity	consolidated 2026-02-28	pass rounding
balance sheet identity	non_consolidated 2025-02-28	pass
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