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
Net cash provided by used in financing activities (5-year summary)Prior4YearDuration-3472000000JPY
Net cash provided by used in financing activities (5-year summary)Prior3YearDuration-1379000000JPY
Net cash provided by used in financing activities (5-year summary)Prior2YearDuration-1287000000JPY
Net cash provided by used in financing activities (5-year summary)Prior1YearDuration-1374000000JPY
Net cash provided by used in financing activities (5-year summary)CurrentYearDuration-3286000000JPY
Cash and cash equivalents (5-year summary)Prior4YearInstant31970000000JPY
Cash and cash equivalents (5-year summary)Prior3YearInstant25231000000JPY
Cash and cash equivalents (5-year summary)Prior2YearInstant26198000000JPY
Cash and cash equivalents (5-year summary)Prior1YearInstant24481000000JPY
Cash and cash equivalents (5-year summary)CurrentYearInstant16729000000JPY
Number of employeesPrior4YearInstant1563
Number of employeesPrior3YearInstant1519
Number of employeesPrior2YearInstant1554
Number of employeesPrior1YearInstant1171
Number of employeesCurrentYearInstant1231
Average number of temporary workersPrior4YearInstant3106
Average number of temporary workersPrior3YearInstant2892
Average number of temporary workersPrior2YearInstant2619
Average number of temporary workersPrior1YearInstant1989
Average number of temporary workersCurrentYearInstant2046
Net sales (5-year summary)Prior4YearDuration_NonConsolidatedMember70496000000JPY
Net sales (5-year summary)Prior3YearDuration_NonConsolidatedMember73676000000JPY
Net sales (5-year summary)Prior2YearDuration_NonConsolidatedMember77106000000JPY
Net sales (5-year summary)Prior1YearDuration_NonConsolidatedMember80060000000JPY
Net sales (5-year summary)CurrentYearDuration_NonConsolidatedMember78934000000JPY
Ordinary income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember-2993000000JPY
Ordinary income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember-1298000000JPY
Ordinary income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember1775000000JPY
Ordinary income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember3152000000JPY
Ordinary income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember1144000000JPY
Net income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember-3216000000JPY
Net income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember-1892000000JPY
Net income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember1688000000JPY
Net income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember2832000000JPY
Net income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember14000000JPY
Capital stock (5-year summary)Prior4YearInstant_NonConsolidatedMember6893000000JPY
Capital stock (5-year summary)Prior3YearInstant_NonConsolidatedMember6893000000JPY
Capital stock (5-year summary)Prior2YearInstant_NonConsolidatedMember6893000000JPY
Capital stock (5-year summary)Prior1YearInstant_NonConsolidatedMember6893000000JPY
Capital stock (5-year summary)CurrentYearInstant_NonConsolidatedMember6893000000JPY
Total number of issued shares (5-year summary)Prior4YearInstant_NonConsolidatedMember38609996
Total number of issued shares (5-year summary)Prior3YearInstant_NonConsolidatedMember38609996
Total number of issued shares (5-year summary)Prior2YearInstant_NonConsolidatedMember38609996
Total number of issued shares (5-year summary)Prior1YearInstant_NonConsolidatedMember38609996
Total number of issued shares (5-year summary)CurrentYearInstant_NonConsolidatedMember34359396
Net assets (5-year summary)Prior4YearInstant_NonConsolidatedMember51067000000JPY
Net assets (5-year summary)Prior3YearInstant_NonConsolidatedMember48145000000JPY
Net assets (5-year summary)Prior2YearInstant_NonConsolidatedMember48911000000JPY
Net assets (5-year summary)Prior1YearInstant_NonConsolidatedMember50692000000JPY
Net assets (5-year summary)CurrentYearInstant_NonConsolidatedMember47788000000JPY

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