Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-19
StandardJapan GAAP
ConsolidatedNo
Data checks13 of 13 passed
Key figures · 86
MetricValuePeriodScopeSource row
Revenue¥15.6bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥15.4bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥15.3bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥17.7bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥16.0bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income−¥56m2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥183m2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income−¥60m2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥189m2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥42m2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥328m2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥478m2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax−¥89m2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥187m2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income−¥127m2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥184m2024-04-01 → 2025-03-31StandaloneProfit loss
Net income−¥783m2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥231m2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥361m2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥10.9bnat 2026-03-31StandaloneAssets
Total assets¥10.9bnat 2025-03-31StandaloneAssets
Total assets¥10.6bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥11.8bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥12.0bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥4.9bnat 2026-03-31StandaloneLiabilities
Total liabilities¥4.6bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥6.1bnat 2026-03-31StandaloneNet assets
Net assets / equity¥6.3bnat 2025-03-31StandaloneNet assets
Net assets / equity¥6.2bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥7.1bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥6.9bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥743mat 2026-03-31StandaloneCash and deposits
Cash and deposits¥1.2bnat 2025-03-31StandaloneCash and deposits
Cash & equivalents¥743mat 2026-03-31StandaloneCash and cash equivalents
Cash & equivalents¥1.2bnat 2025-03-31StandaloneCash and cash equivalents
Cash & equivalents¥1.1bnat 2024-03-31vStandaloneCash and cash equivalents
Cash & equivalents¥775mat 2023-03-31vStandaloneCash and cash equivalents (5-year summary)
Cash & equivalents¥751mat 2022-03-31vStandaloneCash and cash equivalents (5-year summary)
Operating cash flow−¥264m2025-04-01 → 2026-03-31StandaloneNet cash provided by used in operating activities
Operating cash flow¥328m2024-04-01 → 2025-03-31StandaloneNet cash provided by used in operating activities
Operating cash flow¥879m2023-04-01 → 2024-03-31vStandaloneNet cash provided by used in operating activities (5-year summary)
Operating cash flow¥281m2022-04-01 → 2023-03-31vStandaloneNet cash provided by used in operating activities (5-year summary)
Operating cash flow−¥332m2021-04-01 → 2022-03-31vStandaloneNet cash provided by used in operating activities (5-year summary)
Investing cash flow−¥674m2025-04-01 → 2026-03-31StandaloneNet cash provided by used in investment activities
Investing cash flow−¥505m2024-04-01 → 2025-03-31StandaloneNet cash provided by used in investment activities
Investing cash flow−¥229m2023-04-01 → 2024-03-31vStandaloneNet cash provided by used in investing activities (5-year summary)
Investing cash flow−¥256m2022-04-01 → 2023-03-31vStandaloneNet cash provided by used in investing activities (5-year summary)
Investing cash flow−¥71m2021-04-01 → 2022-03-31vStandaloneNet cash provided by used in investing activities (5-year summary)
Financing cash flow¥484m2025-04-01 → 2026-03-31StandaloneNet cash provided by used in financing activities
Financing cash flow¥243m2024-04-01 → 2025-03-31StandaloneNet cash provided by used in financing activities
Financing cash flow−¥297m2023-04-01 → 2024-03-31vStandaloneNet cash provided by used in financing activities (5-year summary)
Financing cash flow−¥2m2022-04-01 → 2023-03-31vStandaloneNet cash provided by used in financing activities (5-year summary)
Financing cash flow¥360m2021-04-01 → 2022-03-31vStandaloneNet cash provided by used in financing activities (5-year summary)
EPS (basic)¥-28.662025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥41.432024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-175.582023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥51.822022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥81.072021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥202025-04-01 → 2026-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥202024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥202023-04-01 → 2024-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥202022-04-01 → 2023-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥172021-04-01 → 2022-03-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥1,366.17at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,414.4at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,393.16at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,588.17at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,556.29at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio55.7%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio57.7%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio58.9%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio60.0%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio58.0%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE3.0%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE3.3%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE5.3%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued4,673,000at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued4,673,000at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued4,673,000at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued4,673,000at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued4,673,000at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees376at 2026-03-31StandaloneNumber of employees
Employees378at 2025-03-31StandaloneNumber of employees
Employees392at 2024-03-31vStandaloneNumber of employees
Employees399at 2023-03-31vStandaloneNumber of employees
Employees404at 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 · 79
SegmentItemPeriodValue
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsdepreciation2025-04-01 → 2026-03-31¥2m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsemployeesat 2026-03-311 pure
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue2025-04-01 → 2026-03-31¥12m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue external2025-04-01 → 2026-03-31¥12m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment assetsat 2026-03-31¥21m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment profit2025-04-01 → 2026-03-31¥4m
Reconciling Itemsreconcilingcapex2025-04-01 → 2026-03-31¥55m
Reconciling Itemsreconcilingdepreciation2025-04-01 → 2026-03-31¥10m
Reconciling Itemsreconcilingrevenue2025-04-01 → 2026-03-31−¥3m
Reconciling Itemsreconcilingrevenue intersegment2025-04-01 → 2026-03-31−¥3m
Reconciling Itemsreconcilingsegment assetsat 2026-03-31¥5.3bn
Interior Building Materials Business Unitreportable segmentcapex2025-04-01 → 2026-03-31¥318m
Interior Building Materials Business Unitreportable segmentdepreciation2025-04-01 → 2026-03-31¥56m
Interior Building Materials Business Unitreportable segmentemployeesat 2026-03-31253 pure
Interior Building Materials Business Unitreportable segmentrevenue2025-04-01 → 2026-03-31¥8.3bn
Interior Building Materials Business Unitreportable segmentrevenue external2025-04-01 → 2026-03-31¥8.3bn
Interior Building Materials Business Unitreportable segmentsegment assetsat 2026-03-31¥3.1bn
Interior Building Materials Business Unitreportable segmentsegment profit2025-04-01 → 2026-03-31−¥22m
Wooden Structural Building Materials Business Unitreportable segmentcapex2025-04-01 → 2026-03-31¥445m
Wooden Structural Building Materials Business Unitreportable segmentdepreciation2025-04-01 → 2026-03-31¥166m
Wooden Structural Building Materials Business Unitreportable segmentemployeesat 2026-03-3199 pure
Wooden Structural Building Materials Business Unitreportable segmentrevenue2025-04-01 → 2026-03-31¥7.3bn
Wooden Structural Building Materials Business Unitreportable segmentrevenue external2025-04-01 → 2026-03-31¥7.3bn
Wooden Structural Building Materials Business Unitreportable segmentrevenue intersegment2025-04-01 → 2026-03-31¥3m
Wooden Structural Building Materials Business Unitreportable segmentsegment assetsat 2026-03-31¥2.6bn
Wooden Structural Building Materials Business Unitreportable segmentsegment profit2025-04-01 → 2026-03-31−¥37m
—segment totalcapex2025-04-01 → 2026-03-31¥764m
—segment totaldepreciation2025-04-01 → 2026-03-31¥223m
—segment totalemployeesat 2026-03-31352 pure
—segment totalrevenue2025-04-01 → 2026-03-31¥15.6bn
—segment totalrevenue external2025-04-01 → 2026-03-31¥15.6bn
—segment totalrevenue intersegment2025-04-01 → 2026-03-31¥3m
—segment totalsegment assetsat 2026-03-31¥5.7bn
—segment totalsegment profit2025-04-01 → 2026-03-31−¥60m
Total Of Reportable Segments And Otherssegment totalcapex2025-04-01 → 2026-03-31¥764m
Total Of Reportable Segments And Otherssegment totaldepreciation2025-04-01 → 2026-03-31¥225m
Total Of Reportable Segments And Otherssegment totalrevenue2025-04-01 → 2026-03-31¥15.6bn
Total Of Reportable Segments And Otherssegment totalrevenue external2025-04-01 → 2026-03-31¥15.6bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2025-04-01 → 2026-03-31¥3m
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2026-03-31¥5.7bn
Total Of Reportable Segments And Otherssegment totalsegment profit2025-04-01 → 2026-03-31−¥56m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsdepreciation2024-04-01 → 2025-03-31¥2m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue2024-04-01 → 2025-03-31¥14m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue external2024-04-01 → 2025-03-31¥14m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment assetsat 2025-03-31¥76m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment profit2024-04-01 → 2025-03-31¥6m
Reconciling Itemsreconcilingcapex2024-04-01 → 2025-03-31¥77m
Reconciling Itemsreconcilingdepreciation2024-04-01 → 2025-03-31¥6m
Reconciling Itemsreconcilingrevenue2024-04-01 → 2025-03-31−¥6m
Reconciling Itemsreconcilingrevenue intersegment2024-04-01 → 2025-03-31−¥6m
Reconciling Itemsreconcilingsegment assetsat 2025-03-31¥5.9bn
Interior Building Materials Business Unitreportable segmentcapex2024-04-01 → 2025-03-31¥132m
Interior Building Materials Business Unitreportable segmentdepreciation2024-04-01 → 2025-03-31¥28m
Interior Building Materials Business Unitreportable segmentrevenue2024-04-01 → 2025-03-31¥8.4bn
Interior Building Materials Business Unitreportable segmentrevenue external2024-04-01 → 2025-03-31¥8.4bn
Interior Building Materials Business Unitreportable segmentrevenue intersegment2024-04-01 → 2025-03-31¥1m
Interior Building Materials Business Unitreportable segmentsegment assetsat 2025-03-31¥2.7bn
Interior Building Materials Business Unitreportable segmentsegment profit2024-04-01 → 2025-03-31¥13m
Wooden Structural Building Materials Business Unitreportable segmentcapex2024-04-01 → 2025-03-31¥388m
Wooden Structural Building Materials Business Unitreportable segmentdepreciation2024-04-01 → 2025-03-31¥96m
Wooden Structural Building Materials Business Unitreportable segmentrevenue2024-04-01 → 2025-03-31¥7.0bn
Wooden Structural Building Materials Business Unitreportable segmentrevenue external2024-04-01 → 2025-03-31¥7.0bn
Wooden Structural Building Materials Business Unitreportable segmentrevenue intersegment2024-04-01 → 2025-03-31¥4m
Wooden Structural Building Materials Business Unitreportable segmentsegment assetsat 2025-03-31¥2.2bn
Wooden Structural Building Materials Business Unitreportable segmentsegment profit2024-04-01 → 2025-03-31¥164m
—segment totalcapex2024-04-01 → 2025-03-31¥521m
—segment totaldepreciation2024-04-01 → 2025-03-31¥125m
—segment totalrevenue2024-04-01 → 2025-03-31¥15.4bn
—segment totalrevenue external2024-04-01 → 2025-03-31¥15.4bn
—segment totalrevenue intersegment2024-04-01 → 2025-03-31¥6m
—segment totalsegment assetsat 2025-03-31¥4.9bn
—segment totalsegment profit2024-04-01 → 2025-03-31¥177m
Total Of Reportable Segments And Otherssegment totalcapex2024-04-01 → 2025-03-31¥521m
Total Of Reportable Segments And Otherssegment totaldepreciation2024-04-01 → 2025-03-31¥128m
Total Of Reportable Segments And Otherssegment totalrevenue2024-04-01 → 2025-03-31¥15.4bn
Total Of Reportable Segments And Otherssegment totalrevenue external2024-04-01 → 2025-03-31¥15.4bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2024-04-01 → 2025-03-31¥6m
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2025-03-31¥5.0bn
Total Of Reportable Segments And Otherssegment totalsegment profit2024-04-01 → 2025-03-31¥183m

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

All source rows · 1,191
ItemContextValueUnit
Net cash provided by used in operating activities (5-year summary)Prior3YearDuration_NonConsolidatedMember281000000JPY
Net cash provided by used in operating activities (5-year summary)Prior2YearDuration_NonConsolidatedMember879000000JPY
Net cash provided by used in operating activities (5-year summary)Prior1YearDuration_NonConsolidatedMember328000000JPY
Net cash provided by used in operating activities (5-year summary)CurrentYearDuration_NonConsolidatedMember-264000000JPY
Net cash provided by used in investing activities (5-year summary)Prior4YearDuration_NonConsolidatedMember-71000000JPY
Net cash provided by used in investing activities (5-year summary)Prior3YearDuration_NonConsolidatedMember-256000000JPY
Net cash provided by used in investing activities (5-year summary)Prior2YearDuration_NonConsolidatedMember-229000000JPY
Net cash provided by used in investing activities (5-year summary)Prior1YearDuration_NonConsolidatedMember-505000000JPY
Net cash provided by used in investing activities (5-year summary)CurrentYearDuration_NonConsolidatedMember-674000000JPY
Net cash provided by used in financing activities (5-year summary)Prior4YearDuration_NonConsolidatedMember360000000JPY
Net cash provided by used in financing activities (5-year summary)Prior3YearDuration_NonConsolidatedMember-2000000JPY
Net cash provided by used in financing activities (5-year summary)Prior2YearDuration_NonConsolidatedMember-297000000JPY
Net cash provided by used in financing activities (5-year summary)Prior1YearDuration_NonConsolidatedMember243000000JPY
Net cash provided by used in financing activities (5-year summary)CurrentYearDuration_NonConsolidatedMember484000000JPY
Cash and cash equivalents (5-year summary)Prior4YearInstant_NonConsolidatedMember751000000JPY
Cash and cash equivalents (5-year summary)Prior3YearInstant_NonConsolidatedMember775000000JPY
Cash and cash equivalents (5-year summary)Prior2YearInstant_NonConsolidatedMember1130000000JPY
Cash and cash equivalents (5-year summary)Prior1YearInstant_NonConsolidatedMember1197000000JPY
Cash and cash equivalents (5-year summary)CurrentYearInstant_NonConsolidatedMember743000000JPY
Number of employeesPrior4YearInstant_NonConsolidatedMember404
Number of employeesPrior3YearInstant_NonConsolidatedMember399
Number of employeesPrior2YearInstant_NonConsolidatedMember392
Number of employeesPrior1YearInstant_NonConsolidatedMember378
Number of employeesCurrentYearInstant_NonConsolidatedMember376
Average number of temporary workersPrior4YearInstant_NonConsolidatedMember82
Average number of temporary workersPrior3YearInstant_NonConsolidatedMember82
Average number of temporary workersPrior2YearInstant_NonConsolidatedMember100
Average number of temporary workersPrior1YearInstant_NonConsolidatedMember107
Average number of temporary workersCurrentYearInstant_NonConsolidatedMember125
Total shareholder returnPrior4YearInstant_NonConsolidatedMember1.229
Total shareholder returnPrior3YearInstant_NonConsolidatedMember1.184
Total shareholder returnPrior2YearInstant_NonConsolidatedMember1.234
Total shareholder returnPrior1YearInstant_NonConsolidatedMember1.275
Total shareholder returnCurrentYearInstant_NonConsolidatedMember1.366
Total return on share price indexPrior4YearInstant_NonConsolidatedMember1.020
Total return on share price indexPrior3YearInstant_NonConsolidatedMember1.079
Total return on share price indexPrior2YearInstant_NonConsolidatedMember1.525
Total return on share price indexPrior1YearInstant_NonConsolidatedMember1.502
Total return on share price indexCurrentYearInstant_NonConsolidatedMember2.022
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row1Member3
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row1Member5.3
Targets description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row2Member60
Performance description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row2Member57.5
Research and development expenses research and development activitiesCurrentYearDuration74000000JPY
Capital expenditures overview of capital expenditures etcCurrentYearDuration819000000JPY
Number of issued shares as of fiscal year end issued shares total number of shares etcFilingDateInstant_OrdinaryShareMember4673250
Number of issued shares as of filing date issued shares total number of shares etcFilingDateInstant_OrdinaryShareMember4673250
Number of issued shares as of fiscal year end issued shares total number of shares etcFilingDateInstant4673250
Number of issued shares as of filing date issued shares total number of shares etcFilingDateInstant4673250
Number of shares constituting one unitCurrentYearInstant_OrdinaryShareMember100

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 · 13 of 13 passed
balance sheet identitynon_consolidated 2025-03-31pass rounding
balance sheet identitynon_consolidated 2026-03-31pass rounding
dei present pass
period resolution pass
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 · operating cash flownon_consolidated 2024-04-01/2025-03-31pass
statement vs summary · operating cash flownon_consolidated 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 assetsnon_consolidated 2025-03-31pass
statement vs summary · total assetsnon_consolidated 2026-03-31pass