Annual report

Period2025-04-01 → 2026-02-28
Filed2026-05-29
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed

Amended by S100YQAW (2026-07-13).

Key figures · 158
MetricValuePeriodScopeSource row
Revenue¥6.6bn2025-04-01 → 2026-02-28Cons.Net sales
Revenue¥7.7bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥7.1bn2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
Revenue¥8.5bn2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Revenue¥7.6bn2021-04-01 → 2022-03-31vCons.Net sales (5-year summary)
Revenue¥7.2bn2020-04-01 → 2021-03-31vCons.Net sales (5-year summary)
Operating income−¥81m2025-04-01 → 2026-02-28Cons.Operating income
Operating income−¥33m2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income−¥191m2025-04-01 → 2026-02-28Cons.Ordinary income
Ordinary income−¥91m2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income−¥891m2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income−¥224m2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income−¥914m2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income−¥2.3bn2020-04-01 → 2021-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax−¥701m2025-04-01 → 2026-02-28Cons.Income before income taxes
Profit before tax¥410m2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)−¥778m2025-04-01 → 2026-02-28Cons.Profit loss attributable to owners of parent
Net income (owners)¥293m2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥957m2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥508m2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥1.2bn2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥1.6bn2020-04-01 → 2021-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income−¥762m2025-04-01 → 2026-02-28Cons.Profit loss
Net income¥329m2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥11.2bnat 2026-02-28Cons.Assets
Total assets¥12.5bnat 2025-03-31Cons.Assets
Total assets¥11.8bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥12.8bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥13.4bnat 2022-03-31vCons.Total assets (5-year summary)
Total assets¥15.2bnat 2021-03-31vCons.Total assets (5-year summary)
Total liabilities¥9.6bnat 2026-02-28Cons.Liabilities
Total liabilities¥10.1bnat 2025-03-31Cons.Liabilities
Net assets / equity¥1.7bnat 2026-02-28Cons.Net assets
Net assets / equity¥2.4bnat 2025-03-31Cons.Net assets
Net assets / equity¥2.1bnat 2024-03-31vCons.Net assets
Net assets / equity¥3.0bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥3.5bnat 2022-03-31vCons.Net assets (5-year summary)
Net assets / equity¥4.6bnat 2021-03-31vCons.Net assets (5-year summary)
Cash and deposits¥1.2bnat 2026-02-28Cons.Cash and deposits
Cash and deposits¥1.8bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥1.2bnat 2026-02-28Cons.Cash and cash equivalents
Cash & equivalents¥1.8bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥1.6bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥2.5bnat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥1.8bnat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥1.5bnat 2021-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥725m2025-04-01 → 2026-02-28Cons.Net cash provided by used in operating activities
Operating cash flow¥1.3bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥350m2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.1bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.2bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥1.8bn2020-04-01 → 2021-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥1.3bn2025-04-01 → 2026-02-28Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.1bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥544m2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥325m2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥464m2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥489m2020-04-01 → 2021-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥18m2025-04-01 → 2026-02-28Cons.Net cash provided by used in financing activities
Financing cash flow−¥35m2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥16m2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥26m2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥452m2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥85m2020-04-01 → 2021-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥-300.12025-04-01 → 2026-02-28Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥113.092024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-369.252023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-195.922022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-472.22021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-601.32020-04-01 → 2021-03-31vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥302.71at 2026-02-28Cons.Net assets per share (5-year summary)
Net assets per share¥596.13at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥479.25at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥848.35at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥1,049.48at 2022-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥1,511.97at 2021-03-31vCons.Net assets per share (5-year summary)
Equity ratio7.0%at 2026-02-28Cons.Equity to asset ratio (5-year summary)
Equity ratio12.3%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio10.5%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio17.2%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio20.2%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio25.8%at 2021-03-31vCons.Equity to asset ratio (5-year summary)
ROE21.0%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
Employees243at 2026-02-28Cons.Number of employees
Employees234at 2025-03-31Cons.Number of employees
Employees240at 2024-03-31vCons.Number of employees
Employees273at 2023-03-31vCons.Number of employees
Employees255at 2022-03-31vCons.Number of employees
Employees267at 2021-03-31vCons.Number of employees
Revenue¥5.3bn2025-04-01 → 2026-02-28StandaloneNet sales
Revenue¥6.2bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥5.7bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥7.0bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥6.2bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Revenue¥5.9bn2020-04-01 → 2021-03-31vStandaloneNet sales (5-year summary)
Operating income−¥118m2025-04-01 → 2026-02-28StandaloneOperating income
Operating income−¥244m2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income−¥139m2025-04-01 → 2026-02-28StandaloneOrdinary income
Ordinary income−¥245m2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income−¥1.0bn2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥489m2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥1.2bn2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥2.6bn2020-04-01 → 2021-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax−¥695m2025-04-01 → 2026-02-28StandaloneIncome before income taxes
Profit before tax¥240m2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income−¥726m2025-04-01 → 2026-02-28StandaloneProfit loss
Net income¥216m2024-04-01 → 2025-03-31StandaloneProfit loss
Net income−¥1.0bn2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income−¥621m2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income−¥1.3bn2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Net income−¥1.7bn2020-04-01 → 2021-03-31vStandaloneNet income loss (5-year summary)
Total assets¥9.6bnat 2026-02-28StandaloneAssets
Total assets¥10.7bnat 2025-03-31StandaloneAssets
Total assets¥10.0bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥11.0bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥11.9bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total assets¥13.8bnat 2021-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥10.1bnat 2026-02-28StandaloneLiabilities
Total liabilities¥10.4bnat 2025-03-31StandaloneLiabilities
Net assets / equity−¥497mat 2026-02-28StandaloneNet assets
Net assets / equity¥211mat 2025-03-31StandaloneNet assets
Net assets / equity−¥15mat 2024-03-31vStandaloneNet assets
Net assets / equity¥1.0bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥1.6bnat 2022-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥3.0bnat 2021-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥440mat 2026-02-28StandaloneCash and deposits
Cash and deposits¥559mat 2025-03-31StandaloneCash and deposits
EPS (basic)¥-279.992025-04-01 → 2026-02-28StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥83.372024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-391.832023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-239.462022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-520.132021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-648.032020-04-01 → 2021-03-31vStandaloneBasic earnings loss per share (5-year summary)
Net assets per share¥-191.75at 2026-02-28StandaloneNet assets per share (5-year summary)
Net assets per share¥81.56at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥-5.6at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥386.09at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥630.76at 2022-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,141.18at 2021-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio-5.2%at 2026-02-28StandaloneEquity to asset ratio (5-year summary)
Equity ratio2.0%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio-0.1%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio9.1%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio13.8%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio21.5%at 2021-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE219.5%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
Shares issued3,660,369at 2026-02-28StandaloneTotal number of issued shares (5-year summary)
Shares issued3,660,369at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued3,660,369at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued3,660,369at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued3,660,369at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued3,660,369at 2021-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees126at 2026-02-28StandaloneNumber of employees
Employees133at 2025-03-31StandaloneNumber of employees
Employees140at 2024-03-31vStandaloneNumber of employees
Employees156at 2023-03-31vStandaloneNumber of employees
Employees147at 2022-03-31vStandaloneNumber of employees
Employees155at 2021-03-31vStandaloneNumber 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 · 2
SegmentItemPeriodValue
Wood Environmental Solution Businessreportable segmentemployeesat 2026-02-28229 pure
Wood Environmental Solution Businessreportable segmentemployeesat 2026-02-28114 pure

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

All source rows · 1,516
ItemContextValueUnit
Percentage of shareholdings other corporationsCurrentYearInstant_OrdinaryShareMember0.2690
Percentage of shareholdings foreigners other than individualsCurrentYearInstant_OrdinaryShareMember0.0126
Percentage of shareholdings foreign individualsCurrentYearInstant_OrdinaryShareMember0.0002
Percentage of shareholdings individuals and othersCurrentYearInstant_OrdinaryShareMember0.6364
Number of shares heldCurrentYearInstant_No1MajorShareholdersMember744543
Shareholding ratioCurrentYearInstant_No1MajorShareholdersMember0.2784
Number of shares heldCurrentYearInstant_No2MajorShareholdersMember266000
Shareholding ratioCurrentYearInstant_No2MajorShareholdersMember0.0994
Number of shares heldCurrentYearInstant_No3MajorShareholdersMember235535
Shareholding ratioCurrentYearInstant_No3MajorShareholdersMember0.0880
Number of shares heldCurrentYearInstant_No4MajorShareholdersMember81968
Shareholding ratioCurrentYearInstant_No4MajorShareholdersMember0.0306
Number of shares heldCurrentYearInstant_No5MajorShareholdersMember77070
Shareholding ratioCurrentYearInstant_No5MajorShareholdersMember0.0288
Number of shares heldCurrentYearInstant_No6MajorShareholdersMember69300
Shareholding ratioCurrentYearInstant_No6MajorShareholdersMember0.0259
Number of shares heldCurrentYearInstant_No7MajorShareholdersMember64200
Shareholding ratioCurrentYearInstant_No7MajorShareholdersMember0.0240
Number of shares heldCurrentYearInstant_No8MajorShareholdersMember58900
Shareholding ratioCurrentYearInstant_No8MajorShareholdersMember0.0220
Number of shares heldCurrentYearInstant_No9MajorShareholdersMember50000
Shareholding ratioCurrentYearInstant_No9MajorShareholdersMember0.0186
Number of shares heldCurrentYearInstant_No10MajorShareholdersMember49000
Shareholding ratioCurrentYearInstant_No10MajorShareholdersMember0.0183
Number of shares heldCurrentYearInstant1696516
Shareholding ratioCurrentYearInstant0.6344
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithNoVotingRightsMember-
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsTreasurySharesEtcMember-
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember-
Number of voting rights issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember-
Number of shares issued shares voting rightsCurrentYearInstant_OrdinarySharesTreasurySharesSharesWithFullVotingRightsTreasurySharesEtcMember986500
Number of voting rights issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsOtherMember26723
Number of shares issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsOtherMember2672300
Number of shares issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesLessThanOneUnitMember1569
Number of shares issued shares voting rightsCurrentYearInstant3660369
Number of voting rights issued shares voting rightsCurrentYearInstant26723
Number of shares held in own name treasury shares etcCurrentYearInstant_Row1Member986500
Number of shares held in others names treasury shares etcCurrentYearInstant_Row1Member-
Total number of shares held treasury shares etcCurrentYearInstant_Row1Member986500
Shareholding ratio treasury shares etcCurrentYearInstant_Row1Member0.2695
Number of shares held in own name treasury shares etcCurrentYearInstant986500
Number of shares held in others names treasury shares etcCurrentYearInstant-
Total number of shares held treasury shares etcCurrentYearInstant986500
Shareholding ratio treasury shares etcCurrentYearInstant0.2695
Number of male directors and other officersFilingDateInstant9
Number of female directors and other officersFilingDateInstant-
Ratio of female directors and other officersFilingDateInstant-
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E31123-000InoueHiroyukiMember744543
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E31123-000NagashimaMasahideMember3100
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E31123-000OkuyamaHiroshiMember900

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 2026-02-28pass
balance sheet identitynon_consolidated 2025-03-31pass
balance sheet identitynon_consolidated 2026-02-28pass
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 2026-02-28pass
statement vs summary · net assetsnon_consolidated 2024-03-31pass
statement vs summary · net assetsnon_consolidated 2025-03-31pass
statement vs summary · net assetsnon_consolidated 2026-02-28pass
statement vs summary · net income attributable to parentconsolidated 2024-04-01/2025-03-31pass
statement vs summary · net income attributable to parentconsolidated 2025-04-01/2026-02-28pass
statement vs summary · operating cash flowconsolidated 2024-04-01/2025-03-31pass
statement vs summary · operating cash flowconsolidated 2025-04-01/2026-02-28pass
statement vs summary · revenueconsolidated 2024-04-01/2025-03-31pass
statement vs summary · revenueconsolidated 2025-04-01/2026-02-28pass
statement vs summary · revenuenon_consolidated 2024-04-01/2025-03-31pass
statement vs summary · revenuenon_consolidated 2025-04-01/2026-02-28pass
statement vs summary · total assetsconsolidated 2025-03-31pass
statement vs summary · total assetsconsolidated 2026-02-28pass
statement vs summary · total assetsnon_consolidated 2025-03-31pass
statement vs summary · total assetsnon_consolidated 2026-02-28pass