Annual report

Period2023-04-01 → 2024-03-31

Filed2024-06-26

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 135

Metric	Value	Period	Scope	Source row
Revenue	¥7.1bn	2023-04-01 → 2024-03-31	Cons.	Net sales
Revenue	¥8.5bn	2022-04-01 → 2023-03-31	Cons.	Net sales
Revenue	¥7.6bn	2021-04-01 → 2022-03-31^d	Cons.	Net sales (5-year summary)
Revenue	¥7.2bn	2020-04-01 → 2021-03-31^d	Cons.	Net sales (5-year summary)
Revenue	¥7.8bn	2019-04-01 → 2020-03-31^d	Cons.	Net sales (5-year summary)
Operating income	−¥940m	2023-04-01 → 2024-03-31	Cons.	Operating income
Operating income	−¥243m	2022-04-01 → 2023-03-31	Cons.	Operating income
Ordinary income	−¥891m	2023-04-01 → 2024-03-31	Cons.	Ordinary income
Ordinary income	−¥224m	2022-04-01 → 2023-03-31	Cons.	Ordinary income
Ordinary income	−¥914m	2021-04-01 → 2022-03-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	−¥2.3bn	2020-04-01 → 2021-03-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	−¥3.3bn	2019-04-01 → 2020-03-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	−¥891m	2023-04-01 → 2024-03-31	Cons.	Income before income taxes
Profit before tax	−¥368m	2022-04-01 → 2023-03-31	Cons.	Income before income taxes
Net income (owners)	−¥957m	2023-04-01 → 2024-03-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥508m	2022-04-01 → 2023-03-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥1.2bn	2021-04-01 → 2022-03-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	−¥1.6bn	2020-04-01 → 2021-03-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥1.7bn	2019-04-01 → 2020-03-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	−¥933m	2023-04-01 → 2024-03-31	Cons.	Profit loss
Net income	−¥448m	2022-04-01 → 2023-03-31	Cons.	Profit loss
Total assets	¥11.8bn	at 2024-03-31	Cons.	Assets
Total assets	¥12.8bn	at 2023-03-31	Cons.	Assets
Total assets	¥13.4bn	at 2022-03-31^d	Cons.	Total assets (5-year summary)
Total assets	¥15.2bn	at 2021-03-31^d	Cons.	Total assets (5-year summary)
Total assets	¥18.8bn	at 2020-03-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥9.8bn	at 2024-03-31	Cons.	Liabilities
Total liabilities	¥9.8bn	at 2023-03-31	Cons.	Liabilities
Net assets / equity	¥2.1bn	at 2024-03-31	Cons.	Net assets
Net assets / equity	¥3.0bn	at 2023-03-31	Cons.	Net assets
Net assets / equity	¥3.5bn	at 2022-03-31^d	Cons.	Net assets
Net assets / equity	¥4.6bn	at 2021-03-31^d	Cons.	Net assets (5-year summary)
Net assets / equity	¥6.1bn	at 2020-03-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥1.6bn	at 2024-03-31	Cons.	Cash and deposits
Cash and deposits	¥2.5bn	at 2023-03-31	Cons.	Cash and deposits
Cash & equivalents	¥1.6bn	at 2024-03-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥2.5bn	at 2023-03-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥1.8bn	at 2022-03-31^d	Cons.	Cash and cash equivalents
Cash & equivalents	¥1.5bn	at 2021-03-31^d	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥3.9bn	at 2020-03-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	−¥350m	2023-04-01 → 2024-03-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥1.1bn	2022-04-01 → 2023-03-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥1.2bn	2021-04-01 → 2022-03-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥1.8bn	2020-04-01 → 2021-03-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥2.0bn	2019-04-01 → 2020-03-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥544m	2023-04-01 → 2024-03-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥325m	2022-04-01 → 2023-03-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥464m	2021-04-01 → 2022-03-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥489m	2020-04-01 → 2021-03-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	¥9.3bn	2019-04-01 → 2020-03-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥16m	2023-04-01 → 2024-03-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥26m	2022-04-01 → 2023-03-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥452m	2021-04-01 → 2022-03-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥85m	2020-04-01 → 2021-03-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥6.8bn	2019-04-01 → 2020-03-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥-369.25	2023-04-01 → 2024-03-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-195.92	2022-04-01 → 2023-03-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-472.2	2021-04-01 → 2022-03-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-601.3	2020-04-01 → 2021-03-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥644.81	2019-04-01 → 2020-03-31^d	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥479.25	at 2024-03-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥848.35	at 2023-03-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,049.48	at 2022-03-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,511.97	at 2021-03-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥2,108.87	at 2020-03-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	10.5%	at 2024-03-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	17.2%	at 2023-03-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	20.2%	at 2022-03-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	25.8%	at 2021-03-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	29.1%	at 2020-03-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	36.1%	2019-04-01 → 2020-03-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	240	at 2024-03-31	Cons.	Number of employees
Employees	273	at 2023-03-31	Cons.	Number of employees
Employees	255	at 2022-03-31^d	Cons.	Number of employees
Employees	267	at 2021-03-31^d	Cons.	Number of employees
Employees	279	at 2020-03-31^d	Cons.	Number of employees
Revenue	¥5.7bn	2023-04-01 → 2024-03-31	Standalone	Net sales
Revenue	¥7.0bn	2022-04-01 → 2023-03-31	Standalone	Net sales
Revenue	¥6.2bn	2021-04-01 → 2022-03-31^d	Standalone	Net sales (5-year summary)
Revenue	¥5.9bn	2020-04-01 → 2021-03-31^d	Standalone	Net sales (5-year summary)
Revenue	¥6.4bn	2019-04-01 → 2020-03-31^d	Standalone	Net sales (5-year summary)
Operating income	−¥1.1bn	2023-04-01 → 2024-03-31	Standalone	Operating income
Operating income	−¥561m	2022-04-01 → 2023-03-31	Standalone	Operating income
Ordinary income	−¥1.0bn	2023-04-01 → 2024-03-31	Standalone	Ordinary income
Ordinary income	−¥489m	2022-04-01 → 2023-03-31	Standalone	Ordinary income
Ordinary income	−¥1.2bn	2021-04-01 → 2022-03-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥2.6bn	2020-04-01 → 2021-03-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥3.6bn	2019-04-01 → 2020-03-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	−¥1.0bn	2023-04-01 → 2024-03-31	Standalone	Income before income taxes
Profit before tax	−¥631m	2022-04-01 → 2023-03-31	Standalone	Income before income taxes
Net income	−¥1.0bn	2023-04-01 → 2024-03-31	Standalone	Profit loss
Net income	−¥621m	2022-04-01 → 2023-03-31	Standalone	Profit loss
Net income	−¥1.3bn	2021-04-01 → 2022-03-31^d	Standalone	Net income loss (5-year summary)
Net income	−¥1.7bn	2020-04-01 → 2021-03-31^d	Standalone	Net income loss (5-year summary)
Net income	¥1.8bn	2019-04-01 → 2020-03-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥10.0bn	at 2024-03-31	Standalone	Assets
Total assets	¥11.0bn	at 2023-03-31	Standalone	Assets
Total assets	¥11.9bn	at 2022-03-31^d	Standalone	Total assets (5-year summary)
Total assets	¥13.8bn	at 2021-03-31^d	Standalone	Total assets (5-year summary)
Total assets	¥17.6bn	at 2020-03-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥10.0bn	at 2024-03-31	Standalone	Liabilities
Total liabilities	¥10.0bn	at 2023-03-31	Standalone	Liabilities
Net assets / equity	−¥15m	at 2024-03-31	Standalone	Net assets
Net assets / equity	¥1.0bn	at 2023-03-31	Standalone	Net assets
Net assets / equity	¥1.6bn	at 2022-03-31^d	Standalone	Net assets
Net assets / equity	¥3.0bn	at 2021-03-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥4.6bn	at 2020-03-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥429m	at 2024-03-31	Standalone	Cash and deposits
Cash and deposits	¥1.2bn	at 2023-03-31	Standalone	Cash and deposits
EPS (basic)	¥-391.83	2023-04-01 → 2024-03-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-239.46	2022-04-01 → 2023-03-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-520.13	2021-04-01 → 2022-03-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-648.03	2020-04-01 → 2021-03-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥707.87	2019-04-01 → 2020-03-31^d	Standalone	Basic earnings loss per share (5-year summary)
Net assets per share	¥-5.6	at 2024-03-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥386.09	at 2023-03-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥630.76	at 2022-03-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,141.18	at 2021-03-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,784.81	at 2020-03-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	-0.1%	at 2024-03-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	9.1%	at 2023-03-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	13.8%	at 2022-03-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	21.5%	at 2021-03-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	26.3%	at 2020-03-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	49.5%	2019-04-01 → 2020-03-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	3,660,369	at 2024-03-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	3,660,369	at 2023-03-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	3,660,369	at 2022-03-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	3,660,369	at 2021-03-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	3,660,369	at 2020-03-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	140	at 2024-03-31	Standalone	Number of employees
Employees	156	at 2023-03-31	Standalone	Number of employees
Employees	147	at 2022-03-31^d	Standalone	Number of employees
Employees	155	at 2021-03-31^d	Standalone	Number of employees
Employees	174	at 2020-03-31^d	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.

Segments · 2

Segment	Item	Period	Value
Wood Environmental Solution Businessreportable segment	employees	at 2024-03-31	228 pure
Wood Environmental Solution Businessreportable segment	employees	at 2024-03-31	129 pure

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

All source rows · 1,459

Item	Context	Value	Unit
Net assets	CurrentYearInstant_NonConsolidatedMember	-14508000	JPY
Liabilities and net assets	Prior1YearInstant_NonConsolidatedMember	10980868000	JPY
Liabilities and net assets	CurrentYearInstant_NonConsolidatedMember	9990967000	JPY
Net sales	Prior1YearDuration_NonConsolidatedMember	7031916000	JPY
Net sales	CurrentYearDuration_NonConsolidatedMember	5708327000	JPY
Cost of sales	Prior1YearDuration_NonConsolidatedMember	5872537000	JPY
Cost of sales	CurrentYearDuration_NonConsolidatedMember	5361275000	JPY
Gross profit	Prior1YearDuration_NonConsolidatedMember	1159379000	JPY
Gross profit	CurrentYearDuration_NonConsolidatedMember	347051000	JPY
Directors compensations sga	Prior1YearDuration_NonConsolidatedMember	40900000	JPY
Directors compensations sga	CurrentYearDuration_NonConsolidatedMember	40550000	JPY
Salaries and allowances sga	Prior1YearDuration_NonConsolidatedMember	252029000	JPY
Salaries and allowances sga	CurrentYearDuration_NonConsolidatedMember	254495000	JPY
Provision for bonuses sga	Prior1YearDuration_NonConsolidatedMember	16719000	JPY
Provision for bonuses sga	CurrentYearDuration_NonConsolidatedMember	15881000	JPY
Retirement benefit expenses sga	Prior1YearDuration_NonConsolidatedMember	7610000	JPY
Retirement benefit expenses sga	CurrentYearDuration_NonConsolidatedMember	11956000	JPY
Legal welfare expenses sga	Prior1YearDuration_NonConsolidatedMember	52904000	JPY
Legal welfare expenses sga	CurrentYearDuration_NonConsolidatedMember	54358000	JPY
Warehousing expenses sga	Prior1YearDuration_NonConsolidatedMember	79153000	JPY
Warehousing expenses sga	CurrentYearDuration_NonConsolidatedMember	73892000	JPY
Freightage and packing expenses sga	Prior1YearDuration_NonConsolidatedMember	825522000	JPY
Freightage and packing expenses sga	CurrentYearDuration_NonConsolidatedMember	616235000	JPY
Depreciation sga	Prior1YearDuration_NonConsolidatedMember	29722000	JPY
Depreciation sga	CurrentYearDuration_NonConsolidatedMember	29363000	JPY
Commission fee sga	Prior1YearDuration_NonConsolidatedMember	137109000	JPY
Commission fee sga	CurrentYearDuration_NonConsolidatedMember	145989000	JPY
Other sga	Prior1YearDuration_NonConsolidatedMember	279181000	JPY
Other sga	CurrentYearDuration_NonConsolidatedMember	223142000	JPY
Selling general and administrative expenses	Prior1YearDuration_NonConsolidatedMember	1720851000	JPY
Selling general and administrative expenses	CurrentYearDuration_NonConsolidatedMember	1465866000	JPY
Operating income	Prior1YearDuration_NonConsolidatedMember	-561472000	JPY
Operating income	CurrentYearDuration_NonConsolidatedMember	-1118814000	JPY
Interest income noi	Prior1YearDuration_NonConsolidatedMember	51000	JPY
Interest income noi	CurrentYearDuration_NonConsolidatedMember	41000	JPY
Dividends income noi	Prior1YearDuration_NonConsolidatedMember	16690000	JPY
Dividends income noi	CurrentYearDuration_NonConsolidatedMember	16715000	JPY
Commission fee noi	Prior1YearDuration_NonConsolidatedMember	53664000	JPY
Commission fee noi	CurrentYearDuration_NonConsolidatedMember	53664000	JPY
Insurance income noi	Prior1YearDuration_NonConsolidatedMember	2564000	JPY
Insurance income noi	CurrentYearDuration_NonConsolidatedMember	9259000	JPY
Subsidy income noi bounty	Prior1YearDuration_NonConsolidatedMember	71720000	JPY
Subsidy income noi bounty	CurrentYearDuration_NonConsolidatedMember	91356000	JPY
Other noi	Prior1YearDuration_NonConsolidatedMember	5088000	JPY
Other noi	CurrentYearDuration_NonConsolidatedMember	7420000	JPY
Non operating income	Prior1YearDuration_NonConsolidatedMember	149778000	JPY
Non operating income	CurrentYearDuration_NonConsolidatedMember	178457000	JPY
Interest expenses noe	Prior1YearDuration_NonConsolidatedMember	74361000	JPY
Interest expenses noe	CurrentYearDuration_NonConsolidatedMember	75508000	JPY
Commission fee noe	Prior1YearDuration_NonConsolidatedMember	1000000	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 2023-03-31	pass
balance sheet identity	consolidated 2024-03-31	pass
balance sheet identity	non_consolidated 2023-03-31	pass rounding
balance sheet identity	non_consolidated 2024-03-31	pass rounding
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2022-03-31	pass
statement vs summary · net assets	consolidated 2023-03-31	pass
statement vs summary · net assets	consolidated 2024-03-31	pass
statement vs summary · net assets	non_consolidated 2022-03-31	pass
statement vs summary · net assets	non_consolidated 2023-03-31	pass
statement vs summary · net assets	non_consolidated 2024-03-31	pass
statement vs summary · net income attributable to parent	consolidated 2022-04-01/2023-03-31	pass
statement vs summary · net income attributable to parent	consolidated 2023-04-01/2024-03-31	pass
statement vs summary · operating cash flow	consolidated 2022-04-01/2023-03-31	pass
statement vs summary · operating cash flow	consolidated 2023-04-01/2024-03-31	pass
statement vs summary · revenue	consolidated 2022-04-01/2023-03-31	pass
statement vs summary · revenue	consolidated 2023-04-01/2024-03-31	pass
statement vs summary · revenue	non_consolidated 2022-04-01/2023-03-31	pass
statement vs summary · revenue	non_consolidated 2023-04-01/2024-03-31	pass
statement vs summary · total assets	consolidated 2023-03-31	pass
statement vs summary · total assets	consolidated 2024-03-31	pass
statement vs summary · total assets	non_consolidated 2023-03-31	pass
statement vs summary · total assets	non_consolidated 2024-03-31	pass