Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-26
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 148
MetricValuePeriodScopeSource row
Revenue¥23.5bn2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥24.0bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥25.9bn2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
Revenue¥27.3bn2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Revenue¥33.1bn2021-04-01 → 2022-03-31vCons.Net sales (5-year summary)
Operating income¥1.7bn2025-04-01 → 2026-03-31Cons.Operating income
Operating income¥775m2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income¥2.0bn2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income¥1.1bn2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥1.9bn2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥2.7bn2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥5.4bn2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥1.9bn2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax−¥2.5bn2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)¥1.4bn2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥2.8bn2024-04-01 → 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)¥1.9bn2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥3.8bn2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥1.3bn2025-04-01 → 2026-03-31Cons.Profit loss
Net income−¥3.3bn2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥44.3bnat 2026-03-31Cons.Assets
Total assets¥42.3bnat 2025-03-31Cons.Assets
Total assets¥45.0bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥43.6bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥42.4bnat 2022-03-31vCons.Total assets (5-year summary)
Total liabilities¥11.8bnat 2026-03-31Cons.Liabilities
Total liabilities¥11.3bnat 2025-03-31Cons.Liabilities
Net assets / equity¥32.5bnat 2026-03-31Cons.Net assets
Net assets / equity¥31.0bnat 2025-03-31Cons.Net assets
Net assets / equity¥32.8bnat 2024-03-31vCons.Net assets
Net assets / equity¥32.9bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥30.7bnat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥11.6bnat 2026-03-31Cons.Cash and deposits
Cash and deposits¥10.5bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥5.6bnat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥4.6bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥4.1bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥6.0bnat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥5.5bnat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥1.7bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥2.5bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥1.7bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥2.4bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.5bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥335m2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.2bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.6bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥934m2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥2.3bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥540m2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥939m2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥2.2bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥1.1bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥1.1bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥62.212025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-122.712024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥56.042023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥75.122022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥153.312021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥1,397.3at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,327.49at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,388.37at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥1,261.8at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥1,176.97at 2022-03-31vCons.Net assets per share (5-year summary)
Equity ratio71.7%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio71.4%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio70.3%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio72.5%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio69.6%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
ROE4.6%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE-9.0%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE4.2%2023-04-01 → 2024-03-31vCons.Rate of return on equity (5-year summary)
ROE6.2%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
ROE14.4%2021-04-01 → 2022-03-31vCons.Rate of return on equity (5-year summary)
Employees1,118at 2026-03-31Cons.Number of employees
Employees1,236at 2025-03-31Cons.Number of employees
Employees1,418at 2024-03-31vCons.Number of employees
Employees1,597at 2023-03-31vCons.Number of employees
Employees1,844at 2022-03-31vCons.Number of employees
Revenue¥9.9bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥9.5bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥10.2bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥9.8bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥8.8bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income¥1.4bn2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥1.0bn2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥1.9bn2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥1.2bn2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥1.6bn2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.3bn2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.5bn2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥1.9bn2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥1.2bn2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥1.4bn2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥819m2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥1.1bn2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥955m2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥1.1bn2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥15.4bnat 2026-03-31StandaloneAssets
Total assets¥14.5bnat 2025-03-31StandaloneAssets
Total assets¥14.4bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥14.2bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥13.8bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥4.9bnat 2026-03-31StandaloneLiabilities
Total liabilities¥4.8bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥10.5bnat 2026-03-31StandaloneNet assets
Net assets / equity¥9.7bnat 2025-03-31StandaloneNet assets
Net assets / equity¥9.6bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥10.9bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥10.9bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥3.6bnat 2026-03-31StandaloneCash and deposits
Cash and deposits¥3.3bnat 2025-03-31StandaloneCash and deposits
EPS (basic)¥60.632025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥35.982024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥46.632023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥38.132022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥44.582021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥362025-04-01 → 2026-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥362024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥362023-04-01 → 2024-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥362022-04-01 → 2023-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥322021-04-01 → 2022-03-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥461.33at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥425.61at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥419.66at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥436.62at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥433.16at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio68.0%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio66.9%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio66.5%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio77.1%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio78.6%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE13.7%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE8.5%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE10.8%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE8.8%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE10.5%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued25,060,000at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued25,060,000at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued25,060,000at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued25,060,000at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued25,060,000at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees220at 2026-03-31StandaloneNumber of employees
Employees220at 2025-03-31StandaloneNumber of employees
Employees225at 2024-03-31vStandaloneNumber of employees
Employees223at 2023-03-31vStandaloneNumber of employees
Employees235at 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 · 44
SegmentItemPeriodValue
Reconciling Itemsreconcilingrevenue2025-04-01 → 2026-03-31−¥55m
Reconciling Itemsreconcilingrevenue intersegment2025-04-01 → 2026-03-31−¥55m
Reconciling Itemsreconcilingsegment assetsat 2026-03-31−¥3.7bn
Chinareportable segmentcapex2025-04-01 → 2026-03-31¥186m
Chinareportable segmentdepreciation2025-04-01 → 2026-03-31¥681m
Chinareportable segmentemployeesat 2026-03-31898 pure
Chinareportable segmentrevenue2025-04-01 → 2026-03-31¥13.6bn
Chinareportable segmentrevenue intersegment2025-04-01 → 2026-03-31¥54m
Chinareportable segmentsegment assetsat 2026-03-31¥32.6bn
Chinareportable segmentsegment profit2025-04-01 → 2026-03-31¥327m
JAPANreportable segmentcapex2025-04-01 → 2026-03-31¥386m
JAPANreportable segmentdepreciation2025-04-01 → 2026-03-31¥121m
JAPANreportable segmentemployeesat 2026-03-31220 pure
JAPANreportable segmentrevenue2025-04-01 → 2026-03-31¥9.9bn
JAPANreportable segmentrevenue intersegment2025-04-01 → 2026-03-31¥769,000
JAPANreportable segmentsegment assetsat 2026-03-31¥15.4bn
JAPANreportable segmentsegment profit2025-04-01 → 2026-03-31¥1.4bn
—segment totalcapex2025-04-01 → 2026-03-31¥572m
—segment totaldepreciation2025-04-01 → 2026-03-31¥802m
—segment totalrevenue2025-04-01 → 2026-03-31¥23.5bn
—segment totalrevenue intersegment2025-04-01 → 2026-03-31¥55m
—segment totalsegment assetsat 2026-03-31¥48.0bn
—segment totalsegment profit2025-04-01 → 2026-03-31¥1.7bn
Reconciling Itemsreconcilingrevenue2024-04-01 → 2025-03-31−¥111m
Reconciling Itemsreconcilingrevenue intersegment2024-04-01 → 2025-03-31−¥111m
Reconciling Itemsreconcilingsegment assetsat 2025-03-31−¥3.9bn
Chinareportable segmentcapex2024-04-01 → 2025-03-31¥109m
Chinareportable segmentdepreciation2024-04-01 → 2025-03-31¥624m
Chinareportable segmentrevenue2024-04-01 → 2025-03-31¥14.6bn
Chinareportable segmentrevenue intersegment2024-04-01 → 2025-03-31¥106m
Chinareportable segmentsegment assetsat 2025-03-31¥31.7bn
Chinareportable segmentsegment profit2024-04-01 → 2025-03-31−¥235m
JAPANreportable segmentcapex2024-04-01 → 2025-03-31¥476m
JAPANreportable segmentdepreciation2024-04-01 → 2025-03-31¥111m
JAPANreportable segmentrevenue2024-04-01 → 2025-03-31¥9.5bn
JAPANreportable segmentrevenue intersegment2024-04-01 → 2025-03-31¥5m
JAPANreportable segmentsegment assetsat 2025-03-31¥14.5bn
JAPANreportable segmentsegment profit2024-04-01 → 2025-03-31¥1.0bn
—segment totalcapex2024-04-01 → 2025-03-31¥585m
—segment totaldepreciation2024-04-01 → 2025-03-31¥735m
—segment totalrevenue2024-04-01 → 2025-03-31¥24.1bn
—segment totalrevenue intersegment2024-04-01 → 2025-03-31¥111m
—segment totalsegment assetsat 2025-03-31¥46.2bn
—segment totalsegment profit2024-04-01 → 2025-03-31¥775m

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

All source rows · 1,492
ItemContextValueUnit
Independent auditors report consolidated (text)FilingDateInstantText · Plus
Audit firm1 consolidatedFilingDateInstant
Original text (Japanese)應和監査法人
Cpa1 audit firm1 consolidatedFilingDateInstant
Original text (Japanese)澤田 昌輝
Cpa2 audit firm1 consolidatedFilingDateInstant
Original text (Japanese)小池 将史
Audit opinion consolidated (text)FilingDateInstantText · Plus
Key audit matters consolidated (text)FilingDateInstantText · Plus
Overview kam consolidated (text)FilingDateInstantText · Plus
Short description kam consolidatedFilingDateInstant_Row1Member
Original text (Japanese)連結子会社における貸倒引当金の評価
Description including reason kam consolidated (text)FilingDateInstant_Row1MemberText · Plus
Reference kam consolidatedFilingDateInstant_Row1Member
Original text (Japanese)注記事項(重要な会計上の見積り)
Auditors response kam consolidated (text)FilingDateInstant_Row1MemberText · Plus
Short description kam consolidatedFilingDateInstant_Row2Member
Original text (Japanese)連結子会社における投資不動産の評価
Description including reason kam consolidated (text)FilingDateInstant_Row2MemberText · Plus
Reference kam consolidatedFilingDateInstant_Row2Member
Original text (Japanese)注記事項(重要な会計上の見積り)
Auditors response kam consolidated (text)FilingDateInstant_Row2MemberText · Plus
Other information consolidated (text)FilingDateInstantText · Plus
Fee related information consolidated (text)FilingDateInstantText · Plus
Independent auditors report non consolidated (text)FilingDateInstantText · Plus
Audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)應和監査法人
Cpa1 audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)澤田 昌輝
Cpa2 audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)小池 将史
Audit opinion non consolidated (text)FilingDateInstantText · Plus
Key audit matters non consolidated (text)FilingDateInstantText · Plus
Overview kam non consolidated (text)FilingDateInstantText · Plus
Short description kam non consolidatedFilingDateInstant_Row1Member
Original text (Japanese)関係会社投融資の評価
Description including reason kam non consolidated (text)FilingDateInstant_Row1MemberText · Plus
Reference kam non consolidatedFilingDateInstant_Row1Member
Original text (Japanese)注記事項(重要な会計上の見積り)
Auditors response kam non consolidated (text)FilingDateInstant_Row1MemberText · Plus
Other information non consolidated (text)FilingDateInstantText · Plus
Fee related information non consolidated (text)FilingDateInstantText · Plus
Number of submissionFilingDateInstant1
Net sales (5-year summary)Prior4YearDuration33094489000JPY
Net sales (5-year summary)Prior3YearDuration27327702000JPY
Net sales (5-year summary)Prior2YearDuration25899038000JPY
Net sales (5-year summary)Prior1YearDuration23976557000JPY
Net sales (5-year summary)CurrentYearDuration23456344000JPY
Ordinary income loss (5-year summary)Prior4YearDuration5401355000JPY
Ordinary income loss (5-year summary)Prior3YearDuration2664679000JPY
Ordinary income loss (5-year summary)Prior2YearDuration1909536000JPY
Ordinary income loss (5-year summary)Prior1YearDuration1102231000JPY
Ordinary income loss (5-year summary)CurrentYearDuration2037183000JPY
Profit loss attributable to owners of parent (5-year summary)Prior4YearDuration3841472000JPY
Profit loss attributable to owners of parent (5-year summary)Prior3YearDuration1882357000JPY
Profit loss attributable to owners of parent (5-year summary)Prior2YearDuration1329179000JPY
Profit loss attributable to owners of parent (5-year summary)Prior1YearDuration-2792491000JPY
Profit loss attributable to owners of parent (5-year summary)CurrentYearDuration1415809000JPY
Comprehensive income (5-year summary)Prior4YearDuration6611293000JPY
Comprehensive income (5-year summary)Prior3YearDuration3070872000JPY
Comprehensive income (5-year summary)Prior2YearDuration2891391000JPY
Comprehensive income (5-year summary)Prior1YearDuration-942630000JPY

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
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