Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-29
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 143
MetricValuePeriodScopeSource row
Revenue¥2.1bn2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥1.7bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥1.3bn2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
Revenue¥1.2bn2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Revenue¥1.0bn2021-04-01 → 2022-03-31vCons.Net sales (5-year summary)
Operating income−¥112m2025-04-01 → 2026-03-31Cons.Operating income
Operating income−¥125m2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income−¥114m2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income−¥127m2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income−¥220m2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income−¥180m2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income−¥170m2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax−¥150m2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax−¥195m2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)−¥156m2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥201m2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥273m2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥205m2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥122m2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income−¥156m2025-04-01 → 2026-03-31Cons.Profit loss
Net income−¥201m2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥806mat 2026-03-31Cons.Assets
Total assets¥1.7bnat 2025-03-31Cons.Assets
Total assets¥2.4bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥1.6bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥2.1bnat 2022-03-31vCons.Total assets (5-year summary)
Total liabilities¥750mat 2026-03-31Cons.Liabilities
Total liabilities¥1.5bnat 2025-03-31Cons.Liabilities
Net assets / equity¥56mat 2026-03-31Cons.Net assets
Net assets / equity¥202mat 2025-03-31Cons.Net assets
Net assets / equity¥435mat 2024-03-31vCons.Net assets
Net assets / equity¥720mat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥977mat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥170mat 2026-03-31Cons.Cash and deposits
Cash and deposits¥439mat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥114mat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥439mat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥1.1bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥818mat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥1.4bnat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow−¥25m2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥195m2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥456m2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥146m2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥51m2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥303m2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥251m2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥227m2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥228m2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥179m2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥6m2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥249m2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow¥75m2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥216m2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥258m2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥-11.342025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-14.592024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-19.842023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-14.882022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-8.832021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥4.07at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥14.69at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥31.62at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥52.31at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥70.94at 2022-03-31vCons.Net assets per share (5-year summary)
Equity ratio7.0%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio11.7%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio18.5%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio45.5%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio46.7%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
ROE-120.9%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE-63.0%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE-47.3%2023-04-01 → 2024-03-31vCons.Rate of return on equity (5-year summary)
ROE-24.1%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
ROE-11.6%2021-04-01 → 2022-03-31vCons.Rate of return on equity (5-year summary)
Employees64at 2026-03-31Cons.Number of employees
Employees71at 2025-03-31Cons.Number of employees
Employees72at 2024-03-31vCons.Number of employees
Employees70at 2023-03-31vCons.Number of employees
Employees75at 2022-03-31vCons.Number of employees
Revenue¥1.8bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥1.4bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥1.0bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥974m2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥765m2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income−¥94m2025-04-01 → 2026-03-31StandaloneOperating income
Operating income−¥129m2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income−¥143m2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income−¥126m2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income−¥290m2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥200m2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥84m2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax−¥173m2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax−¥191m2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income−¥179m2025-04-01 → 2026-03-31StandaloneProfit loss
Net income−¥196m2024-04-01 → 2025-03-31StandaloneProfit loss
Net income−¥300m2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income−¥230m2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income−¥108m2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥796mat 2026-03-31StandaloneAssets
Total assets¥1.7bnat 2025-03-31StandaloneAssets
Total assets¥2.3bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥1.5bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥2.0bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥677mat 2026-03-31StandaloneLiabilities
Total liabilities¥1.4bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥119mat 2026-03-31StandaloneNet assets
Net assets / equity¥297mat 2025-03-31StandaloneNet assets
Net assets / equity¥494mat 2024-03-31vStandaloneNet assets
Net assets / equity¥794mat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥1.0bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥177mat 2026-03-31StandaloneCash and deposits
Cash and deposits¥447mat 2025-03-31StandaloneCash and deposits
EPS (basic)¥-12.972025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-14.262024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-21.822023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-16.672022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-7.842021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
Net assets per share¥8.62at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥21.59at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥35.85at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥57.67at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥74.35at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio14.9%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio17.5%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio21.3%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio52.8%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio50.2%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE-85.9%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE-49.7%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE-46.7%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE-25.3%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE-10.0%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued13,830,000at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued13,830,000at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued13,830,000at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued13,830,000at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued13,830,000at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees40at 2026-03-31StandaloneNumber of employees
Employees46at 2025-03-31StandaloneNumber of employees
Employees46at 2024-03-31vStandaloneNumber of employees
Employees45at 2023-03-31vStandaloneNumber of employees
Employees44at 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 · 43
SegmentItemPeriodValue
Americareportable segmentcapex2025-04-01 → 2026-03-31¥7m
Americareportable segmentdepreciation2025-04-01 → 2026-03-31¥981,000
Americareportable segmentemployeesat 2026-03-3124 pure
Americareportable segmentrevenue2025-04-01 → 2026-03-31¥568m
Americareportable segmentrevenue external2025-04-01 → 2026-03-31¥568m
Americareportable segmentsegment assetsat 2026-03-31¥88m
Americareportable segmentsegment profit2025-04-01 → 2026-03-31−¥64m
Japanreportable segmentcapex2025-04-01 → 2026-03-31¥251m
Japanreportable segmentdepreciation2025-04-01 → 2026-03-31¥244m
Japanreportable segmentemployeesat 2026-03-3140 pure
Japanreportable segmentrevenue2025-04-01 → 2026-03-31¥1.8bn
Japanreportable segmentrevenue external2025-04-01 → 2026-03-31¥1.5bn
Japanreportable segmentrevenue intersegment2025-04-01 → 2026-03-31¥270m
Japanreportable segmentsegment assetsat 2026-03-31¥796m
Japanreportable segmentsegment profit2025-04-01 → 2026-03-31−¥94m
Total Of Reportable Segments And Otherssegment totalcapex2025-04-01 → 2026-03-31¥258m
Total Of Reportable Segments And Otherssegment totaldepreciation2025-04-01 → 2026-03-31¥245m
Total Of Reportable Segments And Otherssegment totalrevenue2025-04-01 → 2026-03-31¥2.4bn
Total Of Reportable Segments And Otherssegment totalrevenue external2025-04-01 → 2026-03-31¥2.1bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2025-04-01 → 2026-03-31¥270m
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2026-03-31¥884m
Total Of Reportable Segments And Otherssegment totalsegment profit2025-04-01 → 2026-03-31−¥158m
Americareportable segmentcapex2024-04-01 → 2025-03-31¥4m
Americareportable segmentdepreciation2024-04-01 → 2025-03-31¥643,000
Americareportable segmentrevenue2024-04-01 → 2025-03-31¥570m
Americareportable segmentrevenue external2024-04-01 → 2025-03-31¥570m
Americareportable segmentsegment assetsat 2025-03-31¥91m
Americareportable segmentsegment profit2024-04-01 → 2025-03-31−¥56m
Japanreportable segmentcapex2024-04-01 → 2025-03-31¥288m
Japanreportable segmentdepreciation2024-04-01 → 2025-03-31¥252m
Japanreportable segmentrevenue2024-04-01 → 2025-03-31¥1.4bn
Japanreportable segmentrevenue external2024-04-01 → 2025-03-31¥1.1bn
Japanreportable segmentrevenue intersegment2024-04-01 → 2025-03-31¥268m
Japanreportable segmentsegment assetsat 2025-03-31¥1.7bn
Japanreportable segmentsegment profit2024-04-01 → 2025-03-31−¥129m
Total Of Reportable Segments And Otherssegment totalcapex2024-04-01 → 2025-03-31¥291m
Total Of Reportable Segments And Otherssegment totaldepreciation2024-04-01 → 2025-03-31¥253m
Total Of Reportable Segments And Otherssegment totalrevenue2024-04-01 → 2025-03-31¥1.9bn
Total Of Reportable Segments And Otherssegment totalrevenue external2024-04-01 → 2025-03-31¥1.7bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2024-04-01 → 2025-03-31¥268m
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2025-03-31¥1.8bn
Total Of Reportable Segments And Otherssegment totalsegment profit2024-04-01 → 2025-03-31−¥186m
Japanreportable segmentemployeesat 2026-03-3140 pure

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

All source rows · 1,234
ItemContextValueUnit
Net sales (5-year summary)Prior4YearDuration_NonConsolidatedMember765379000JPY
Net sales (5-year summary)Prior3YearDuration_NonConsolidatedMember974258000JPY
Net sales (5-year summary)Prior2YearDuration_NonConsolidatedMember1042838000JPY
Net sales (5-year summary)Prior1YearDuration_NonConsolidatedMember1360319000JPY
Net sales (5-year summary)CurrentYearDuration_NonConsolidatedMember1803930000JPY
Ordinary income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember-84372000JPY
Ordinary income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember-199774000JPY
Ordinary income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember-290437000JPY
Ordinary income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember-125661000JPY
Ordinary income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember-143471000JPY
Net income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember-107965000JPY
Net income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember-229539000JPY
Net income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember-300390000JPY
Net income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember-196376000JPY
Net income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember-178579000JPY
Capital stock (5-year summary)Prior4YearInstant_NonConsolidatedMember1951750000JPY
Capital stock (5-year summary)Prior3YearInstant_NonConsolidatedMember1951750000JPY
Capital stock (5-year summary)Prior2YearInstant_NonConsolidatedMember1951750000JPY
Capital stock (5-year summary)Prior1YearInstant_NonConsolidatedMember1951750000JPY
Capital stock (5-year summary)CurrentYearInstant_NonConsolidatedMember1951750000JPY
Total number of issued shares (5-year summary)Prior4YearInstant_NonConsolidatedMember13830000
Total number of issued shares (5-year summary)Prior3YearInstant_NonConsolidatedMember13830000
Total number of issued shares (5-year summary)Prior2YearInstant_NonConsolidatedMember13830000
Total number of issued shares (5-year summary)Prior1YearInstant_NonConsolidatedMember13830000
Total number of issued shares (5-year summary)CurrentYearInstant_NonConsolidatedMember13830000
Net assets (5-year summary)Prior4YearInstant_NonConsolidatedMember1023572000JPY
Net assets (5-year summary)Prior3YearInstant_NonConsolidatedMember794032000JPY
Net assets (5-year summary)Prior2YearInstant_NonConsolidatedMember493641000JPY
Net assets (5-year summary)Prior1YearInstant_NonConsolidatedMember297256000JPY
Net assets (5-year summary)CurrentYearInstant_NonConsolidatedMember118676000JPY
Total assets (5-year summary)Prior4YearInstant_NonConsolidatedMember2040087000JPY
Total assets (5-year summary)Prior3YearInstant_NonConsolidatedMember1502830000JPY
Total assets (5-year summary)Prior2YearInstant_NonConsolidatedMember2312248000JPY
Total assets (5-year summary)Prior1YearInstant_NonConsolidatedMember1694134000JPY
Total assets (5-year summary)CurrentYearInstant_NonConsolidatedMember795751000JPY
Net assets per share (5-year summary)Prior4YearInstant_NonConsolidatedMember74.35
Net assets per share (5-year summary)Prior3YearInstant_NonConsolidatedMember57.67
Net assets per share (5-year summary)Prior2YearInstant_NonConsolidatedMember35.85
Net assets per share (5-year summary)Prior1YearInstant_NonConsolidatedMember21.59
Net assets per share (5-year summary)CurrentYearInstant_NonConsolidatedMember8.62
Dividend paid per share (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Dividend paid per share (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Dividend paid per share (5-year summary)Prior2YearDuration_NonConsolidatedMember-
Dividend paid per share (5-year summary)Prior1YearDuration_NonConsolidatedMember-
Dividend paid per share (5-year summary)CurrentYearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior2YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior1YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)CurrentYearDuration_NonConsolidatedMember-

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
balance sheet identityconsolidated 2026-03-31pass rounding
balance sheet identitynon_consolidated 2025-03-31pass
balance sheet identitynon_consolidated 2026-03-31pass rounding
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