Annual report

Period2025-03-01 → 2026-02-28
Filed2026-05-20
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 152
MetricValuePeriodScopeSource row
Revenue¥81.4bn2025-03-01 → 2026-02-28Cons.Net sales
Revenue¥91.8bn2024-03-01 → 2025-02-28Cons.Net sales
Revenue¥93.3bn2023-03-01 → 2024-02-29vCons.Net sales (5-year summary)
Revenue¥92.1bn2022-03-01 → 2023-02-28vCons.Net sales (5-year summary)
Revenue¥88.7bn2021-03-01 → 2022-02-28dCons.Net sales (5-year summary)
Operating income¥1.1bn2025-03-01 → 2026-02-28Cons.Operating income
Operating income¥2.2bn2024-03-01 → 2025-02-28Cons.Operating income
Ordinary income¥1.5bn2025-03-01 → 2026-02-28Cons.Ordinary income
Ordinary income¥2.6bn2024-03-01 → 2025-02-28Cons.Ordinary income
Ordinary income¥1.5bn2023-03-01 → 2024-02-29vCons.Ordinary income loss (5-year summary)
Ordinary income−¥1.9bn2022-03-01 → 2023-02-28vCons.Ordinary income loss (5-year summary)
Ordinary income−¥3.8bn2021-03-01 → 2022-02-28dCons.Ordinary income loss (5-year summary)
Profit before tax¥1.2bn2025-03-01 → 2026-02-28Cons.Income before income taxes
Profit before tax¥2.0bn2024-03-01 → 2025-02-28Cons.Income before income taxes
Net income (owners)¥237m2025-03-01 → 2026-02-28Cons.Profit loss attributable to owners of parent
Net income (owners)¥2.9bn2024-03-01 → 2025-02-28Cons.Profit loss attributable to owners of parent
Net income (owners)¥1.9bn2023-03-01 → 2024-02-29vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥2.6bn2022-03-01 → 2023-02-28vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥4.0bn2021-03-01 → 2022-02-28dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥237m2025-03-01 → 2026-02-28Cons.Profit loss
Net income¥2.6bn2024-03-01 → 2025-02-28Cons.Profit loss
Total assets¥71.0bnat 2026-02-28Cons.Assets
Total assets¥79.1bnat 2025-02-28Cons.Assets
Total assets¥84.8bnat 2024-02-29vCons.Total assets (5-year summary)
Total assets¥87.2bnat 2023-02-28vCons.Total assets (5-year summary)
Total assets¥90.7bnat 2022-02-28dCons.Total assets (5-year summary)
Total liabilities¥21.1bnat 2026-02-28Cons.Liabilities
Total liabilities¥27.0bnat 2025-02-28Cons.Liabilities
Net assets / equity¥50.0bnat 2026-02-28Cons.Net assets
Net assets / equity¥52.0bnat 2025-02-28Cons.Net assets
Net assets / equity¥51.9bnat 2024-02-29vCons.Net assets
Net assets / equity¥51.4bnat 2023-02-28vCons.Net assets (5-year summary)
Net assets / equity¥55.5bnat 2022-02-28dCons.Net assets (5-year summary)
Cash and deposits¥17.8bnat 2026-02-28Cons.Cash and deposits
Cash and deposits¥26.4bnat 2025-02-28Cons.Cash and deposits
Cash & equivalents¥16.7bnat 2026-02-28Cons.Cash and cash equivalents
Cash & equivalents¥24.5bnat 2025-02-28Cons.Cash and cash equivalents
Cash & equivalents¥26.2bnat 2024-02-29vCons.Cash and cash equivalents
Cash & equivalents¥25.2bnat 2023-02-28vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥32.0bnat 2022-02-28dCons.Cash and cash equivalents (5-year summary)
Operating cash flow−¥4.1bn2025-03-01 → 2026-02-28Cons.Net cash provided by used in operating activities
Operating cash flow¥2.8bn2024-03-01 → 2025-02-28Cons.Net cash provided by used in operating activities
Operating cash flow¥3.0bn2023-03-01 → 2024-02-29vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥3.0bn2022-03-01 → 2023-02-28vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥3.6bn2021-03-01 → 2022-02-28dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥335m2025-03-01 → 2026-02-28Cons.Net cash provided by used in investment activities
Investing cash flow−¥3.2bn2024-03-01 → 2025-02-28Cons.Net cash provided by used in investment activities
Investing cash flow−¥731m2023-03-01 → 2024-02-29vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥2.4bn2022-03-01 → 2023-02-28vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow¥2.6bn2021-03-01 → 2022-02-28dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥3.3bn2025-03-01 → 2026-02-28Cons.Net cash provided by used in financing activities
Financing cash flow−¥1.4bn2024-03-01 → 2025-02-28Cons.Net cash provided by used in financing activities
Financing cash flow−¥1.3bn2023-03-01 → 2024-02-29vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥1.4bn2022-03-01 → 2023-02-28vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥3.5bn2021-03-01 → 2022-02-28dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥6.912025-03-01 → 2026-02-28Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥83.112024-03-01 → 2025-02-28Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥52.682023-03-01 → 2024-02-29vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-74.232022-03-01 → 2023-02-28vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-112.162021-03-01 → 2022-02-28dCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥83.12024-03-01 → 2025-02-28Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥52.622023-03-01 → 2024-02-29vCons.Diluted earnings per share (5-year summary)
Net assets per share¥1,471.75at 2026-02-28Cons.Net assets per share (5-year summary)
Net assets per share¥1,478.55at 2025-02-28Cons.Net assets per share (5-year summary)
Net assets per share¥1,444.31at 2024-02-29vCons.Net assets per share (5-year summary)
Net assets per share¥1,417.44at 2023-02-28vCons.Net assets per share (5-year summary)
Net assets per share¥1,522.65at 2022-02-28dCons.Net assets per share (5-year summary)
Equity ratio70.3%at 2026-02-28Cons.Equity to asset ratio (5-year summary)
Equity ratio65.8%at 2025-02-28Cons.Equity to asset ratio (5-year summary)
Equity ratio59.9%at 2024-02-29vCons.Equity to asset ratio (5-year summary)
Equity ratio57.0%at 2023-02-28vCons.Equity to asset ratio (5-year summary)
Equity ratio58.9%at 2022-02-28dCons.Equity to asset ratio (5-year summary)
ROE0.5%2025-03-01 → 2026-02-28Cons.Rate of return on equity (5-year summary)
ROE5.7%2024-03-01 → 2025-02-28Cons.Rate of return on equity (5-year summary)
ROE3.7%2023-03-01 → 2024-02-29vCons.Rate of return on equity (5-year summary)
ROE-5.1%2022-03-01 → 2023-02-28vCons.Rate of return on equity (5-year summary)
ROE-7.0%2021-03-01 → 2022-02-28dCons.Rate of return on equity (5-year summary)
Employees1,231at 2026-02-28Cons.Number of employees
Employees1,171at 2025-02-28Cons.Number of employees
Employees1,554at 2024-02-29vCons.Number of employees
Employees1,519at 2023-02-28vCons.Number of employees
Employees1,563at 2022-02-28dCons.Number of employees
Revenue¥78.9bn2025-03-01 → 2026-02-28StandaloneNet sales
Revenue¥80.1bn2024-03-01 → 2025-02-28StandaloneNet sales
Revenue¥77.1bn2023-03-01 → 2024-02-29vStandaloneNet sales (5-year summary)
Revenue¥73.7bn2022-03-01 → 2023-02-28vStandaloneNet sales (5-year summary)
Revenue¥70.5bn2021-03-01 → 2022-02-28dStandaloneNet sales (5-year summary)
Operating income¥700m2025-03-01 → 2026-02-28StandaloneOperating income
Operating income¥2.8bn2024-03-01 → 2025-02-28StandaloneOperating income
Ordinary income¥1.1bn2025-03-01 → 2026-02-28StandaloneOrdinary income
Ordinary income¥3.2bn2024-03-01 → 2025-02-28StandaloneOrdinary income
Ordinary income¥1.8bn2023-03-01 → 2024-02-29vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥1.3bn2022-03-01 → 2023-02-28vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥3.0bn2021-03-01 → 2022-02-28dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥782m2025-03-01 → 2026-02-28StandaloneIncome before income taxes
Profit before tax¥2.1bn2024-03-01 → 2025-02-28StandaloneIncome before income taxes
Net income¥14m2025-03-01 → 2026-02-28StandaloneProfit loss
Net income¥2.8bn2024-03-01 → 2025-02-28StandaloneProfit loss
Net income¥1.7bn2023-03-01 → 2024-02-29vStandaloneNet income loss (5-year summary)
Net income−¥1.9bn2022-03-01 → 2023-02-28vStandaloneNet income loss (5-year summary)
Net income−¥3.2bn2021-03-01 → 2022-02-28dStandaloneNet income loss (5-year summary)
Total assets¥68.9bnat 2026-02-28StandaloneAssets
Total assets¥76.3bnat 2025-02-28StandaloneAssets
Total assets¥75.0bnat 2024-02-29vStandaloneTotal assets (5-year summary)
Total assets¥76.7bnat 2023-02-28vStandaloneTotal assets (5-year summary)
Total assets¥79.5bnat 2022-02-28dStandaloneTotal assets (5-year summary)
Total liabilities¥21.1bnat 2026-02-28StandaloneLiabilities
Total liabilities¥25.7bnat 2025-02-28StandaloneLiabilities
Net assets / equity¥47.8bnat 2026-02-28StandaloneNet assets
Net assets / equity¥50.7bnat 2025-02-28StandaloneNet assets
Net assets / equity¥48.9bnat 2024-02-29vStandaloneNet assets
Net assets / equity¥48.1bnat 2023-02-28vStandaloneNet assets (5-year summary)
Net assets / equity¥51.1bnat 2022-02-28dStandaloneNet assets (5-year summary)
Cash and deposits¥17.1bnat 2026-02-28StandaloneCash and deposits
Cash and deposits¥25.2bnat 2025-02-28StandaloneCash and deposits
EPS (basic)¥0.432025-03-01 → 2026-02-28StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥80.522024-03-01 → 2025-02-28StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥48.052023-03-01 → 2024-02-29vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-53.972022-03-01 → 2023-02-28vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-90.612021-03-01 → 2022-02-28dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥80.522024-03-01 → 2025-02-28StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥482023-03-01 → 2024-02-29vStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥542025-03-01 → 2026-02-28StandaloneDividend paid per share (5-year summary)
Dividend per share¥342024-03-01 → 2025-02-28StandaloneDividend paid per share (5-year summary)
Dividend per share¥282023-03-01 → 2024-02-29vStandaloneDividend paid per share (5-year summary)
Dividend per share¥282022-03-01 → 2023-02-28vStandaloneDividend paid per share (5-year summary)
Dividend per share¥302021-03-01 → 2022-02-28dStandaloneDividend paid per share (5-year summary)
Net assets per share¥1,407.66at 2026-02-28StandaloneNet assets per share (5-year summary)
Net assets per share¥1,440.49at 2025-02-28StandaloneNet assets per share (5-year summary)
Net assets per share¥1,390.57at 2024-02-29vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,369.05at 2023-02-28vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,452.49at 2022-02-28dStandaloneNet assets per share (5-year summary)
Equity ratio69.4%at 2026-02-28StandaloneEquity to asset ratio (5-year summary)
Equity ratio66.4%at 2025-02-28StandaloneEquity to asset ratio (5-year summary)
Equity ratio65.2%at 2024-02-29vStandaloneEquity to asset ratio (5-year summary)
Equity ratio62.6%at 2023-02-28vStandaloneEquity to asset ratio (5-year summary)
Equity ratio64.1%at 2022-02-28dStandaloneEquity to asset ratio (5-year summary)
ROE0.0%2025-03-01 → 2026-02-28StandaloneRate of return on equity (5-year summary)
ROE5.7%2024-03-01 → 2025-02-28StandaloneRate of return on equity (5-year summary)
ROE3.5%2023-03-01 → 2024-02-29vStandaloneRate of return on equity (5-year summary)
ROE-3.8%2022-03-01 → 2023-02-28vStandaloneRate of return on equity (5-year summary)
ROE-6.0%2021-03-01 → 2022-02-28dStandaloneRate of return on equity (5-year summary)
Shares issued34,359,396at 2026-02-28StandaloneTotal number of issued shares (5-year summary)
Shares issued38,609,996at 2025-02-28StandaloneTotal number of issued shares (5-year summary)
Shares issued38,609,996at 2024-02-29vStandaloneTotal number of issued shares (5-year summary)
Shares issued38,609,996at 2023-02-28vStandaloneTotal number of issued shares (5-year summary)
Shares issued38,609,996at 2022-02-28dStandaloneTotal number of issued shares (5-year summary)
Employees1,102at 2026-02-28StandaloneNumber of employees
Employees1,065at 2025-02-28StandaloneNumber of employees
Employees1,156at 2024-02-29vStandaloneNumber of employees
Employees1,230at 2023-02-28vStandaloneNumber of employees
Employees1,271at 2022-02-28dStandaloneNumber 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
Shoe Businessreportable segmentemployeesat 2026-02-281167 pure
Shoe Businessreportable segmentemployeesat 2026-02-281050 pure

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

All source rows · 1,533
ItemContextValueUnit
Accumulated impairment loss on long term leased assets nclPrior1YearInstant_NonConsolidatedMember11000000JPY
Accumulated impairment loss on long term leased assets nclCurrentYearInstant_NonConsolidatedMember6000000JPY
Asset retirement obligations nclPrior1YearInstant_NonConsolidatedMember1565000000JPY
Asset retirement obligations nclCurrentYearInstant_NonConsolidatedMember1575000000JPY
Other nclPrior1YearInstant_NonConsolidatedMember73000000JPY
Other nclCurrentYearInstant_NonConsolidatedMember58000000JPY
Noncurrent liabilitiesPrior1YearInstant_NonConsolidatedMember9966000000JPY
Noncurrent liabilitiesCurrentYearInstant_NonConsolidatedMember5741000000JPY
LiabilitiesPrior1YearInstant_NonConsolidatedMember25651000000JPY
LiabilitiesCurrentYearInstant_NonConsolidatedMember21089000000JPY
Capital stockPrior1YearInstant_NonConsolidatedMember6893000000JPY
Capital stockCurrentYearInstant_NonConsolidatedMember6893000000JPY
Legal capital surplusPrior1YearInstant_NonConsolidatedMember7486000000JPY
Legal capital surplusCurrentYearInstant_NonConsolidatedMember7486000000JPY
Capital surplusPrior1YearInstant_NonConsolidatedMember7486000000JPY
Capital surplusCurrentYearInstant_NonConsolidatedMember7486000000JPY
Legal retained earningsPrior1YearInstant_NonConsolidatedMember845000000JPY
Legal retained earningsCurrentYearInstant_NonConsolidatedMember845000000JPY
General reservePrior1YearInstant_NonConsolidatedMember40000000000JPY
General reserveCurrentYearInstant_NonConsolidatedMember30000000000JPY
Retained earnings brought forwardPrior1YearInstant_NonConsolidatedMember2166000000JPY
Retained earnings brought forwardCurrentYearInstant_NonConsolidatedMember2976000000JPY
Retained earningsPrior1YearInstant_NonConsolidatedMember43012000000JPY
Retained earningsCurrentYearInstant_NonConsolidatedMember33822000000JPY
Treasury stockPrior1YearInstant_NonConsolidatedMember-6768000000JPY
Treasury stockCurrentYearInstant_NonConsolidatedMember-571000000JPY
Shareholders equityPrior1YearInstant_NonConsolidatedMember50624000000JPY
Shareholders equityCurrentYearInstant_NonConsolidatedMember47630000000JPY
Valuation difference on available for sale securitiesPrior1YearInstant_NonConsolidatedMember67000000JPY
Valuation difference on available for sale securitiesCurrentYearInstant_NonConsolidatedMember158000000JPY
Valuation and translation adjustmentsPrior1YearInstant_NonConsolidatedMember67000000JPY
Valuation and translation adjustmentsCurrentYearInstant_NonConsolidatedMember158000000JPY
Net assetsPrior1YearInstant_NonConsolidatedMember50692000000JPY
Net assetsCurrentYearInstant_NonConsolidatedMember47788000000JPY
Liabilities and net assetsPrior1YearInstant_NonConsolidatedMember76343000000JPY
Liabilities and net assetsCurrentYearInstant_NonConsolidatedMember68878000000JPY
Net salesPrior1YearDuration_NonConsolidatedMember80060000000JPY
Net salesCurrentYearDuration_NonConsolidatedMember78934000000JPY
Cost of salesPrior1YearDuration_NonConsolidatedMember42202000000JPY
Cost of salesCurrentYearDuration_NonConsolidatedMember42123000000JPY
Gross profitPrior1YearDuration_NonConsolidatedMember37858000000JPY
Gross profitCurrentYearDuration_NonConsolidatedMember36811000000JPY
Selling general and administrative expensesPrior1YearDuration_NonConsolidatedMember35036000000JPY
Selling general and administrative expensesCurrentYearDuration_NonConsolidatedMember36111000000JPY
Operating incomePrior1YearDuration_NonConsolidatedMember2821000000JPY
Operating incomeCurrentYearDuration_NonConsolidatedMember700000000JPY
Interest income noiPrior1YearDuration_NonConsolidatedMember49000000JPY
Interest income noiCurrentYearDuration_NonConsolidatedMember63000000JPY
Interest on securities noiPrior1YearDuration_NonConsolidatedMember50000000JPY
Interest on securities noiCurrentYearDuration_NonConsolidatedMember36000000JPY

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 2025-02-28pass
balance sheet identityconsolidated 2026-02-28pass rounding
balance sheet identitynon_consolidated 2025-02-28pass
balance sheet identitynon_consolidated 2026-02-28pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2024-02-29pass
statement vs summary · net assetsconsolidated 2025-02-28pass
statement vs summary · net assetsconsolidated 2026-02-28pass
statement vs summary · net assetsnon_consolidated 2024-02-29pass
statement vs summary · net assetsnon_consolidated 2025-02-28pass
statement vs summary · net assetsnon_consolidated 2026-02-28pass
statement vs summary · net income attributable to parentconsolidated 2024-03-01/2025-02-28pass
statement vs summary · net income attributable to parentconsolidated 2025-03-01/2026-02-28pass
statement vs summary · operating cash flowconsolidated 2024-03-01/2025-02-28pass
statement vs summary · operating cash flowconsolidated 2025-03-01/2026-02-28pass
statement vs summary · revenueconsolidated 2024-03-01/2025-02-28pass
statement vs summary · revenueconsolidated 2025-03-01/2026-02-28pass
statement vs summary · revenuenon_consolidated 2024-03-01/2025-02-28pass
statement vs summary · revenuenon_consolidated 2025-03-01/2026-02-28pass
statement vs summary · total assetsconsolidated 2025-02-28pass
statement vs summary · total assetsconsolidated 2026-02-28pass
statement vs summary · total assetsnon_consolidated 2025-02-28pass
statement vs summary · total assetsnon_consolidated 2026-02-28pass