Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-18
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 148
MetricValuePeriodScopeSource row
Revenue¥23.9bn2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥25.1bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥23.2bn2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
Revenue¥21.3bn2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Revenue¥19.2bn2021-04-01 → 2022-03-31vCons.Net sales (5-year summary)
Operating income¥574m2025-04-01 → 2026-03-31Cons.Operating income
Operating income¥1.6bn2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income¥534m2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income¥1.5bn2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥1.8bn2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥2.0bn2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥2.6bn2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥494m2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax−¥342m2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)¥263m2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥462m2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥1.3bn2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥1.4bn2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥2.1bn2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥275m2025-04-01 → 2026-03-31Cons.Profit loss
Net income−¥469m2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥35.7bnat 2026-03-31Cons.Assets
Total assets¥33.7bnat 2025-03-31Cons.Assets
Total assets¥31.5bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥29.4bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥27.3bnat 2022-03-31vCons.Total assets (5-year summary)
Total liabilities¥10.3bnat 2026-03-31Cons.Liabilities
Total liabilities¥8.9bnat 2025-03-31Cons.Liabilities
Net assets / equity¥25.4bnat 2026-03-31Cons.Net assets
Net assets / equity¥24.7bnat 2025-03-31Cons.Net assets
Net assets / equity¥25.6bnat 2024-03-31vCons.Net assets
Net assets / equity¥23.3bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥21.5bnat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥3.1bnat 2026-03-31Cons.Cash and deposits
Cash and deposits¥3.2bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥3.1bnat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥3.2bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥2.3bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥2.8bnat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥2.6bnat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥206m2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥1.0bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥2.1bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥2.2bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥3.1bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥2.0bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.7bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.8bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥1.5bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥1.8bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥1.6bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow¥1.5bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥841m2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥515m2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥1.3bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥9.992025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-17.542024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥48.312023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥54.032022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥80.952021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥963.82at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥937.15at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥968.74at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥880.64at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥810.59at 2022-03-31vCons.Net assets per share (5-year summary)
Equity ratio71.2%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio73.3%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio81.0%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio78.7%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio78.2%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
ROE1.1%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE-1.8%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE5.2%2023-04-01 → 2024-03-31vCons.Rate of return on equity (5-year summary)
ROE6.4%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
ROE10.7%2021-04-01 → 2022-03-31vCons.Rate of return on equity (5-year summary)
Employees539at 2026-03-31Cons.Number of employees
Employees538at 2025-03-31Cons.Number of employees
Employees511at 2024-03-31vCons.Number of employees
Employees488at 2023-03-31vCons.Number of employees
Employees474at 2022-03-31vCons.Number of employees
Revenue¥13.1bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥13.6bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥13.0bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥12.4bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥12.1bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income¥718m2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥795m2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥825m2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥790m2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥1.1bn2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.3bn2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.9bn2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥795m2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥689m2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥512m2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥519m2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥675m2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥733m2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥1.3bn2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥20.8bnat 2026-03-31StandaloneAssets
Total assets¥20.6bnat 2025-03-31StandaloneAssets
Total assets¥20.5bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥20.5bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥20.3bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥3.9bnat 2026-03-31StandaloneLiabilities
Total liabilities¥3.8bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥16.9bnat 2026-03-31StandaloneNet assets
Net assets / equity¥16.8bnat 2025-03-31StandaloneNet assets
Net assets / equity¥16.6bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥16.3bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥15.9bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥2.1bnat 2026-03-31StandaloneCash and deposits
Cash and deposits¥2.7bnat 2025-03-31StandaloneCash and deposits
EPS (basic)¥19.442025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥19.72024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥25.642023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥27.82022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥48.582021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥172025-04-01 → 2026-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥152024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥142023-04-01 → 2024-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥132022-04-01 → 2023-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥122021-04-01 → 2022-03-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥642.6at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥638.79at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥631.91at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥618.09at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥602.71at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio81.2%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio81.6%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio81.2%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio79.2%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio78.2%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE3.0%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE3.1%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE4.1%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE4.6%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 issued26,475,880at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued26,475,880at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued26,475,880at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued26,475,880at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued26,475,880at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees312at 2026-03-31StandaloneNumber of employees
Employees315at 2025-03-31StandaloneNumber of employees
Employees314at 2024-03-31vStandaloneNumber of employees
Employees290at 2023-03-31vStandaloneNumber of employees
Employees287at 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 · 55
SegmentItemPeriodValue
Reconciling Itemsreconcilingcapex2025-04-01 → 2026-03-31−¥34m
Reconciling Itemsreconcilingdepreciation2025-04-01 → 2026-03-31−¥55m
Reconciling Itemsreconcilingrevenue2025-04-01 → 2026-03-31−¥4.6bn
Reconciling Itemsreconcilingrevenue intersegment2025-04-01 → 2026-03-31−¥4.6bn
Reconciling Itemsreconcilingsegment assetsat 2026-03-31−¥3.1bn
Reconciling Itemsreconcilingsegment profit2025-04-01 → 2026-03-31−¥59m
Americareportable segmentcapex2025-04-01 → 2026-03-31¥2.0bn
Americareportable segmentdepreciation2025-04-01 → 2026-03-31¥975m
Americareportable segmentemployeesat 2026-03-31227 pure
Americareportable segmentrevenue2025-04-01 → 2026-03-31¥15.4bn
Americareportable segmentrevenue external2025-04-01 → 2026-03-31¥10.8bn
Americareportable segmentrevenue intersegment2025-04-01 → 2026-03-31¥4.6bn
Americareportable segmentsegment assetsat 2026-03-31¥20.0bn
Americareportable segmentsegment profit2025-04-01 → 2026-03-31−¥84m
Japanreportable segmentcapex2025-04-01 → 2026-03-31¥362m
Japanreportable segmentdepreciation2025-04-01 → 2026-03-31¥694m
Japanreportable segmentemployeesat 2026-03-31312 pure
Japanreportable segmentrevenue2025-04-01 → 2026-03-31¥13.1bn
Japanreportable segmentrevenue external2025-04-01 → 2026-03-31¥13.1bn
Japanreportable segmentsegment assetsat 2026-03-31¥18.7bn
Japanreportable segmentsegment profit2025-04-01 → 2026-03-31¥718m
Total Of Reportable Segments And Otherssegment totalcapex2025-04-01 → 2026-03-31¥2.3bn
Total Of Reportable Segments And Otherssegment totaldepreciation2025-04-01 → 2026-03-31¥1.7bn
Total Of Reportable Segments And Otherssegment totalrevenue2025-04-01 → 2026-03-31¥28.5bn
Total Of Reportable Segments And Otherssegment totalrevenue external2025-04-01 → 2026-03-31¥23.9bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2025-04-01 → 2026-03-31¥4.6bn
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2026-03-31¥38.8bn
Total Of Reportable Segments And Otherssegment totalsegment profit2025-04-01 → 2026-03-31¥633m
Reconciling Itemsreconcilingcapex2024-04-01 → 2025-03-31−¥19m
Reconciling Itemsreconcilingdepreciation2024-04-01 → 2025-03-31−¥59m
Reconciling Itemsreconcilingrevenue2024-04-01 → 2025-03-31−¥4.0bn
Reconciling Itemsreconcilingrevenue intersegment2024-04-01 → 2025-03-31−¥4.0bn
Reconciling Itemsreconcilingsegment assetsat 2025-03-31−¥1.4bn
Reconciling Itemsreconcilingsegment profit2024-04-01 → 2025-03-31¥171m
Americareportable segmentcapex2024-04-01 → 2025-03-31¥1.1bn
Americareportable segmentdepreciation2024-04-01 → 2025-03-31¥975m
Americareportable segmentrevenue2024-04-01 → 2025-03-31¥15.5bn
Americareportable segmentrevenue external2024-04-01 → 2025-03-31¥11.5bn
Americareportable segmentrevenue intersegment2024-04-01 → 2025-03-31¥4.0bn
Americareportable segmentsegment assetsat 2025-03-31¥17.1bn
Americareportable segmentsegment profit2024-04-01 → 2025-03-31¥590m
Japanreportable segmentcapex2024-04-01 → 2025-03-31¥547m
Japanreportable segmentdepreciation2024-04-01 → 2025-03-31¥755m
Japanreportable segmentrevenue2024-04-01 → 2025-03-31¥13.6bn
Japanreportable segmentrevenue external2024-04-01 → 2025-03-31¥13.6bn
Japanreportable segmentsegment assetsat 2025-03-31¥18.0bn
Japanreportable segmentsegment profit2024-04-01 → 2025-03-31¥795m
Total Of Reportable Segments And Otherssegment totalcapex2024-04-01 → 2025-03-31¥1.7bn
Total Of Reportable Segments And Otherssegment totaldepreciation2024-04-01 → 2025-03-31¥1.7bn
Total Of Reportable Segments And Otherssegment totalrevenue2024-04-01 → 2025-03-31¥29.1bn
Total Of Reportable Segments And Otherssegment totalrevenue external2024-04-01 → 2025-03-31¥25.1bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2024-04-01 → 2025-03-31¥4.0bn
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2025-03-31¥35.1bn
Total Of Reportable Segments And Otherssegment totalsegment profit2024-04-01 → 2025-03-31¥1.4bn
Japanreportable segmentemployeesat 2026-03-31312 pure

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

All source rows · 1,618
ItemContextValueUnit
Foreign currency translation adjustmentPrior1YearInstant3496551000JPY
Foreign currency translation adjustmentCurrentYearInstant4325137000JPY
Remeasurements of defined benefit plansPrior1YearInstant-76623000JPY
Remeasurements of defined benefit plansCurrentYearInstant-63526000JPY
Valuation and translation adjustmentsPrior1YearInstant3499941000JPY
Valuation and translation adjustmentsCurrentYearInstant4317907000JPY
Non controlling interestsPrior1YearInstant62233000JPY
Non controlling interestsCurrentYearInstant27556000JPY
Net assetsPrior1YearInstant24741493000JPY
Net assetsCurrentYearInstant25427513000JPY
Liabilities and net assetsPrior1YearInstant33667198000JPY
Liabilities and net assetsCurrentYearInstant35678999000JPY
Net salesPrior1YearDuration25114033000JPY
Net salesCurrentYearDuration23917009000JPY
Cost of salesPrior1YearDuration9467401000JPY
Cost of salesCurrentYearDuration9775100000JPY
Gross profitPrior1YearDuration15646632000JPY
Gross profitCurrentYearDuration14141909000JPY
Freightage and packing expenses sgaPrior1YearDuration393494000JPY
Freightage and packing expenses sgaCurrentYearDuration340415000JPY
Provision of allowance for doubtful accounts sgaPrior1YearDuration1873000JPY
Provision of allowance for doubtful accounts sgaCurrentYearDuration254000JPY
Salaries and allowances sgaPrior1YearDuration4049532000JPY
Salaries and allowances sgaCurrentYearDuration4179765000JPY
Retirement benefit expenses sgaPrior1YearDuration132484000JPY
Retirement benefit expenses sgaCurrentYearDuration135063000JPY
Legal welfare expenses sgaPrior1YearDuration374236000JPY
Legal welfare expenses sgaCurrentYearDuration378293000JPY
Welfare expenses sgaPrior1YearDuration352343000JPY
Welfare expenses sgaCurrentYearDuration380325000JPY
Traveling and transportation expenses sgaPrior1YearDuration315108000JPY
Traveling and transportation expenses sgaCurrentYearDuration249722000JPY
Depreciation sgaPrior1YearDuration1438656000JPY
Depreciation sgaCurrentYearDuration1402083000JPY
Research and development expenses sgaPrior1YearDuration959987000JPY
Research and development expenses sgaCurrentYearDuration864944000JPY
Commission fee sgaPrior1YearDuration3790043000JPY
Commission fee sgaCurrentYearDuration3589664000JPY
Other sgaPrior1YearDuration2282937000JPY
Other sgaCurrentYearDuration2047191000JPY
Selling general and administrative expensesPrior1YearDuration14090698000JPY
Selling general and administrative expensesCurrentYearDuration13567724000JPY
Operating incomePrior1YearDuration1555934000JPY
Operating incomeCurrentYearDuration574185000JPY
Interest income noiPrior1YearDuration190000JPY
Interest income noiCurrentYearDuration262000JPY
Foreign exchange gains noiPrior1YearDuration63776000JPY
Foreign exchange gains noiCurrentYearDuration230506000JPY
Other noiPrior1YearDuration13326000JPY
Other noiCurrentYearDuration12924000JPY

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 identityconsolidated 2025-03-31pass rounding
balance sheet identityconsolidated 2026-03-31pass
balance sheet identitynon_consolidated 2025-03-31pass rounding
balance sheet identitynon_consolidated 2026-03-31pass
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2024-03-31pass
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