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
Buildings and structures	CurrentYearInstant	30075000000	JPY
Accumulated depreciation buildings and structures	Prior1YearInstant	-17361000000	JPY
Accumulated depreciation buildings and structures	CurrentYearInstant	-17768000000	JPY
Buildings and structures net	Prior1YearInstant	10375000000	JPY
Buildings and structures net	CurrentYearInstant	12306000000	JPY
Tools furniture and fixtures	Prior1YearInstant	10787000000	JPY
Tools furniture and fixtures	CurrentYearInstant	11856000000	JPY
Accumulated depreciation tools furniture and fixtures	Prior1YearInstant	-8806000000	JPY
Accumulated depreciation tools furniture and fixtures	CurrentYearInstant	-9447000000	JPY
Tools furniture and fixtures net	Prior1YearInstant	1980000000	JPY
Tools furniture and fixtures net	CurrentYearInstant	2408000000	JPY
Land	Prior1YearInstant	9871000000	JPY
Land	CurrentYearInstant	9424000000	JPY
Construction in progress	Prior1YearInstant	1039000000	JPY
Construction in progress	CurrentYearInstant	0	JPY
Other ppe	Prior1YearInstant	48000000	JPY
Other ppe	CurrentYearInstant	58000000	JPY
Accumulated depreciation other ppe	Prior1YearInstant	-38000000	JPY
Accumulated depreciation other ppe	CurrentYearInstant	-45000000	JPY
Other net ppe	Prior1YearInstant	10000000	JPY
Other net ppe	CurrentYearInstant	13000000	JPY
Property plant and equipment	Prior1YearInstant	23278000000	JPY
Property plant and equipment	CurrentYearInstant	24153000000	JPY
Goodwill	Prior1YearInstant	498000000	JPY
Goodwill	CurrentYearInstant	387000000	JPY
Other ia	Prior1YearInstant	907000000	JPY
Other ia	CurrentYearInstant	829000000	JPY
Intangible assets	Prior1YearInstant	1406000000	JPY
Intangible assets	CurrentYearInstant	1216000000	JPY
Investment securities	Prior1YearInstant	527000000	JPY
Investment securities	CurrentYearInstant	1065000000	JPY
Net defined benefit asset	Prior1YearInstant	294000000	JPY
Net defined benefit asset	CurrentYearInstant	617000000	JPY
Lease and guarantee deposits	Prior1YearInstant	5595000000	JPY
Lease and guarantee deposits	CurrentYearInstant	5504000000	JPY
Deferred tax assets	Prior1YearInstant	1923000000	JPY
Deferred tax assets	CurrentYearInstant	2085000000	JPY
Other ioa	Prior1YearInstant	864000000	JPY
Other ioa	CurrentYearInstant	837000000	JPY
Allowance for doubtful accounts ioa by group	Prior1YearInstant	-171000000	JPY
Allowance for doubtful accounts ioa by group	CurrentYearInstant	-341000000	JPY
Investments and other assets	Prior1YearInstant	9035000000	JPY
Investments and other assets	CurrentYearInstant	9769000000	JPY
Noncurrent assets	Prior1YearInstant	33719000000	JPY
Noncurrent assets	CurrentYearInstant	35139000000	JPY
Assets	Prior1YearInstant	57703000000	JPY
Assets	CurrentYearInstant	56480000000	JPY
Accounts payable trade	Prior1YearInstant	8166000000	JPY
Accounts payable trade	CurrentYearInstant	8237000000	JPY
Current portion of long term loans payable	Prior1YearInstant	5513000000	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