Annual report

Period2024-04-01 → 2025-03-31
Filed2025-06-25
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 143
MetricValuePeriodScopeSource row
Revenue¥383m2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥349m2023-04-01 → 2024-03-31Cons.Net sales
Revenue¥339m2022-04-01 → 2023-03-31dCons.Net sales (5-year summary)
Revenue¥362m2021-04-01 → 2022-03-31dCons.Net sales (5-year summary)
Revenue¥360m2020-04-01 → 2021-03-31dCons.Net sales (5-year summary)
Operating income¥34m2024-04-01 → 2025-03-31Cons.Operating income
Operating income¥15m2023-04-01 → 2024-03-31Cons.Operating income
Ordinary income¥34m2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥13m2023-04-01 → 2024-03-31Cons.Ordinary income
Ordinary income¥10m2022-04-01 → 2023-03-31dCons.Ordinary income loss (5-year summary)
Ordinary income−¥8m2021-04-01 → 2022-03-31dCons.Ordinary income loss (5-year summary)
Ordinary income¥02020-04-01 → 2021-03-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥56m2024-04-01 → 2025-03-31Cons.Income before income taxes
Profit before tax¥23m2023-04-01 → 2024-03-31Cons.Income before income taxes
Net income (owners)¥9m2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥11m2023-04-01 → 2024-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥24m2022-04-01 → 2023-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥53m2021-04-01 → 2022-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥52m2020-04-01 → 2021-03-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥9m2024-04-01 → 2025-03-31Cons.Profit loss
Net income−¥11m2023-04-01 → 2024-03-31Cons.Profit loss
Total assets¥1.8bnat 2025-03-31Cons.Assets
Total assets¥2.3bnat 2024-03-31Cons.Assets
Total assets¥2.4bnat 2023-03-31dCons.Total assets (5-year summary)
Total assets¥2.4bnat 2022-03-31dCons.Total assets (5-year summary)
Total assets¥2.6bnat 2021-03-31dCons.Total assets (5-year summary)
Total liabilities¥177mat 2025-03-31Cons.Liabilities
Total liabilities¥250mat 2024-03-31Cons.Liabilities
Net assets / equity¥1.6bnat 2025-03-31Cons.Net assets
Net assets / equity¥2.0bnat 2024-03-31Cons.Net assets
Net assets / equity¥2.1bnat 2023-03-31dCons.Net assets
Net assets / equity¥2.0bnat 2022-03-31dCons.Net assets (5-year summary)
Net assets / equity¥2.1bnat 2021-03-31dCons.Net assets (5-year summary)
Cash and deposits¥462mat 2025-03-31Cons.Cash and deposits
Cash and deposits¥886mat 2024-03-31Cons.Cash and deposits
Cash & equivalents¥462mat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥886mat 2024-03-31Cons.Cash and cash equivalents
Cash & equivalents¥879mat 2023-03-31dCons.Cash and cash equivalents
Cash & equivalents¥752mat 2022-03-31dCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥780mat 2021-03-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥58m2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥18m2023-04-01 → 2024-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥12m2022-04-01 → 2023-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥30m2021-04-01 → 2022-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥81m2020-04-01 → 2021-03-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow¥8m2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow¥58m2023-04-01 → 2024-03-31Cons.Net cash provided by used in investment activities
Investing cash flow¥146m2022-04-01 → 2023-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow¥35m2021-04-01 → 2022-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow¥86m2020-04-01 → 2021-03-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥491m2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥32m2023-04-01 → 2024-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥32m2022-04-01 → 2023-03-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥32m2021-04-01 → 2022-03-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥32m2020-04-01 → 2021-03-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥-1.642024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-1.662023-04-01 → 2024-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-1.252022-04-01 → 2023-03-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-2.062021-04-01 → 2022-03-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-2.052020-04-01 → 2021-03-31dCons.Basic earnings loss per share (5-year summary)
Net assets per share¥-22.88at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥-21.75at 2024-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥-20.09at 2023-03-31dCons.Net assets per share (5-year summary)
Net assets per share¥-18.84at 2022-03-31dCons.Net assets per share (5-year summary)
Net assets per share¥-16.77at 2021-03-31dCons.Net assets per share (5-year summary)
Equity ratio90.3%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio89.1%at 2024-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio86.2%at 2023-03-31dCons.Equity to asset ratio (5-year summary)
Equity ratio84.8%at 2022-03-31dCons.Equity to asset ratio (5-year summary)
Equity ratio81.8%at 2021-03-31dCons.Equity to asset ratio (5-year summary)
ROE0.5%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE-0.5%2023-04-01 → 2024-03-31Cons.Rate of return on equity (5-year summary)
ROE1.2%2022-04-01 → 2023-03-31dCons.Rate of return on equity (5-year summary)
ROE-2.6%2021-04-01 → 2022-03-31dCons.Rate of return on equity (5-year summary)
ROE-2.5%2020-04-01 → 2021-03-31dCons.Rate of return on equity (5-year summary)
Employees13at 2025-03-31Cons.Number of employees
Employees12at 2024-03-31Cons.Number of employees
Employees12at 2023-03-31dCons.Number of employees
Employees12at 2022-03-31dCons.Number of employees
Employees12at 2021-03-31dCons.Number of employees
Revenue¥134m2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥134m2023-04-01 → 2024-03-31StandaloneNet sales
Revenue¥134m2022-04-01 → 2023-03-31dStandaloneNet sales (5-year summary)
Revenue¥137m2021-04-01 → 2022-03-31dStandaloneNet sales (5-year summary)
Revenue¥139m2020-04-01 → 2021-03-31dStandaloneNet sales (5-year summary)
Operating income−¥68m2024-04-01 → 2025-03-31StandaloneOperating income
Operating income−¥56m2023-04-01 → 2024-03-31StandaloneOperating income
Ordinary income−¥70m2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income−¥58m2023-04-01 → 2024-03-31StandaloneOrdinary income
Ordinary income−¥58m2022-04-01 → 2023-03-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥63m2021-04-01 → 2022-03-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥70m2020-04-01 → 2021-03-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥301m2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Profit before tax−¥58m2023-04-01 → 2024-03-31StandaloneIncome before income taxes
Net income¥300m2024-04-01 → 2025-03-31StandaloneProfit loss
Net income−¥59m2023-04-01 → 2024-03-31StandaloneProfit loss
Net income−¥82m2022-04-01 → 2023-03-31dStandaloneNet income loss (5-year summary)
Net income−¥64m2021-04-01 → 2022-03-31dStandaloneNet income loss (5-year summary)
Net income−¥72m2020-04-01 → 2021-03-31dStandaloneNet income loss (5-year summary)
Total assets¥1.6bnat 2025-03-31StandaloneAssets
Total assets¥1.8bnat 2024-03-31StandaloneAssets
Total assets¥1.9bnat 2023-03-31dStandaloneTotal assets (5-year summary)
Total assets¥2.0bnat 2022-03-31dStandaloneTotal assets (5-year summary)
Total assets¥2.1bnat 2021-03-31dStandaloneTotal assets (5-year summary)
Total liabilities¥165mat 2025-03-31StandaloneLiabilities
Total liabilities¥136mat 2024-03-31StandaloneLiabilities
Net assets / equity¥1.5bnat 2025-03-31StandaloneNet assets
Net assets / equity¥1.6bnat 2024-03-31StandaloneNet assets
Net assets / equity¥1.7bnat 2023-03-31dStandaloneNet assets
Net assets / equity¥1.8bnat 2022-03-31dStandaloneNet assets (5-year summary)
Net assets / equity¥1.8bnat 2021-03-31dStandaloneNet assets (5-year summary)
Cash and deposits¥310mat 2025-03-31StandaloneCash and deposits
Cash and deposits¥63mat 2024-03-31StandaloneCash and deposits
EPS (basic)¥1.392024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-2.162023-04-01 → 2024-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-2.372022-04-01 → 2023-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-2.182021-04-01 → 2022-03-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-2.252020-04-01 → 2021-03-31dStandaloneBasic earnings loss per share (5-year summary)
Net assets per share¥-24.73at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥-26.12at 2024-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥-23.96at 2023-03-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥-21.59at 2022-03-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥-19.41at 2021-03-31dStandaloneNet assets per share (5-year summary)
Equity ratio89.9%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio92.3%at 2024-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio90.5%at 2023-03-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio89.1%at 2022-03-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio87.6%at 2021-03-31dStandaloneEquity to asset ratio (5-year summary)
ROE19.3%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE-3.6%2023-04-01 → 2024-03-31StandaloneRate of return on equity (5-year summary)
ROE-4.7%2022-04-01 → 2023-03-31dStandaloneRate of return on equity (5-year summary)
ROE-3.6%2021-04-01 → 2022-03-31dStandaloneRate of return on equity (5-year summary)
ROE-3.8%2020-04-01 → 2021-03-31dStandaloneRate of return on equity (5-year summary)
Shares issued102,257,584at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued102,257,584at 2024-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued102,257,584at 2023-03-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued102,257,584at 2022-03-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued102,257,584at 2021-03-31dStandaloneTotal number of issued shares (5-year summary)
Employees3at 2025-03-31StandaloneNumber of employees
Employees3at 2024-03-31StandaloneNumber of employees
Employees3at 2023-03-31dStandaloneNumber of employees
Employees3at 2022-03-31dStandaloneNumber of employees
Employees3at 2021-03-31dStandaloneNumber 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 · 38
SegmentItemPeriodValue
Reconciling Itemsreconcilingdepreciation2024-04-01 → 2025-03-31¥1m
Reconciling Itemsreconcilingsegment assetsat 2025-03-31¥75m
Reconciling Itemsreconcilingsegment profit2024-04-01 → 2025-03-31−¥45m
Real Estate Leasingreportable segmentcapex2024-04-01 → 2025-03-31¥1m
Real Estate Leasingreportable segmentdepreciation2024-04-01 → 2025-03-31¥45m
Real Estate Leasingreportable segmentrevenue2024-04-01 → 2025-03-31¥172m
Real Estate Leasingreportable segmentrevenue external2024-04-01 → 2025-03-31¥172m
Real Estate Leasingreportable segmentsegment assetsat 2025-03-31¥1.6bn
Real Estate Leasingreportable segmentsegment profit2024-04-01 → 2025-03-31−¥21m
Real Estate Managementreportable segmentrevenue2024-04-01 → 2025-03-31¥211m
Real Estate Managementreportable segmentrevenue external2024-04-01 → 2025-03-31¥211m
Real Estate Managementreportable segmentsegment assetsat 2025-03-31¥163m
Real Estate Managementreportable segmentsegment profit2024-04-01 → 2025-03-31¥102m
—segment totalcapex2024-04-01 → 2025-03-31¥1m
—segment totaldepreciation2024-04-01 → 2025-03-31¥45m
—segment totalrevenue2024-04-01 → 2025-03-31¥383m
—segment totalrevenue external2024-04-01 → 2025-03-31¥383m
—segment totalsegment assetsat 2025-03-31¥1.8bn
—segment totalsegment profit2024-04-01 → 2025-03-31¥80m
Reconciling Itemsreconcilingdepreciation2023-04-01 → 2024-03-31¥1m
Reconciling Itemsreconcilingsegment assetsat 2024-03-31¥84m
Reconciling Itemsreconcilingsegment profit2023-04-01 → 2024-03-31−¥43m
Real Estate Leasingreportable segmentcapex2023-04-01 → 2024-03-31¥227m
Real Estate Leasingreportable segmentdepreciation2023-04-01 → 2024-03-31¥45m
Real Estate Leasingreportable segmentrevenue2023-04-01 → 2024-03-31¥165m
Real Estate Leasingreportable segmentrevenue external2023-04-01 → 2024-03-31¥165m
Real Estate Leasingreportable segmentsegment assetsat 2024-03-31¥1.5bn
Real Estate Leasingreportable segmentsegment profit2023-04-01 → 2024-03-31−¥21m
Real Estate Managementreportable segmentrevenue2023-04-01 → 2024-03-31¥183m
Real Estate Managementreportable segmentrevenue external2023-04-01 → 2024-03-31¥183m
Real Estate Managementreportable segmentsegment assetsat 2024-03-31¥737m
Real Estate Managementreportable segmentsegment profit2023-04-01 → 2024-03-31¥79m
—segment totalcapex2023-04-01 → 2024-03-31¥227m
—segment totaldepreciation2023-04-01 → 2024-03-31¥45m
—segment totalrevenue2023-04-01 → 2024-03-31¥349m
—segment totalrevenue external2023-04-01 → 2024-03-31¥349m
—segment totalsegment assetsat 2024-03-31¥2.2bn
—segment totalsegment profit2023-04-01 → 2024-03-31¥58m

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

All source rows · 1,260
ItemContextValueUnit
Cash and cash equivalents (5-year summary)Prior1YearInstant886000000JPY
Cash and cash equivalents (5-year summary)CurrentYearInstant462000000JPY
Number of employeesPrior4YearInstant12
Number of employeesPrior3YearInstant12
Number of employeesPrior2YearInstant12
Number of employeesPrior1YearInstant12
Number of employeesCurrentYearInstant13
Net sales (5-year summary)Prior4YearDuration_NonConsolidatedMember139000000JPY
Net sales (5-year summary)Prior3YearDuration_NonConsolidatedMember137000000JPY
Net sales (5-year summary)Prior2YearDuration_NonConsolidatedMember134000000JPY
Net sales (5-year summary)Prior1YearDuration_NonConsolidatedMember134000000JPY
Net sales (5-year summary)CurrentYearDuration_NonConsolidatedMember134000000JPY
Ordinary income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember-70000000JPY
Ordinary income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember-63000000JPY
Ordinary income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember-58000000JPY
Ordinary income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember-58000000JPY
Ordinary income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember-70000000JPY
Net income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember-72000000JPY
Net income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember-64000000JPY
Net income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember-82000000JPY
Net income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember-59000000JPY
Net income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember300000000JPY
Capital stock (5-year summary)Prior4YearInstant_NonConsolidatedMember100000000JPY
Capital stock (5-year summary)Prior3YearInstant_NonConsolidatedMember100000000JPY
Capital stock (5-year summary)Prior2YearInstant_NonConsolidatedMember100000000JPY
Capital stock (5-year summary)Prior1YearInstant_NonConsolidatedMember100000000JPY
Capital stock (5-year summary)CurrentYearInstant_NonConsolidatedMember100000000JPY
Total number of issued shares (5-year summary)Prior4YearInstant_NonConsolidatedMember102257584
Total number of issued shares (5-year summary)Prior3YearInstant_NonConsolidatedMember102257584
Total number of issued shares (5-year summary)Prior2YearInstant_NonConsolidatedMember102257584
Total number of issued shares (5-year summary)Prior1YearInstant_NonConsolidatedMember102257584
Total number of issued shares (5-year summary)CurrentYearInstant_NonConsolidatedMember102257584
Net assets (5-year summary)Prior4YearInstant_NonConsolidatedMember1836000000JPY
Net assets (5-year summary)Prior3YearInstant_NonConsolidatedMember1771000000JPY
Net assets (5-year summary)Prior2YearInstant_NonConsolidatedMember1689000000JPY
Net assets (5-year summary)Prior1YearInstant_NonConsolidatedMember1630000000JPY
Net assets (5-year summary)CurrentYearInstant_NonConsolidatedMember1471000000JPY
Total assets (5-year summary)Prior4YearInstant_NonConsolidatedMember2096000000JPY
Total assets (5-year summary)Prior3YearInstant_NonConsolidatedMember1989000000JPY
Total assets (5-year summary)Prior2YearInstant_NonConsolidatedMember1866000000JPY
Total assets (5-year summary)Prior1YearInstant_NonConsolidatedMember1766000000JPY
Total assets (5-year summary)CurrentYearInstant_NonConsolidatedMember1636000000JPY
Net assets per share (5-year summary)Prior4YearInstant_NonConsolidatedMember-19.41
Net assets per share (5-year summary)Prior3YearInstant_NonConsolidatedMember-21.59
Net assets per share (5-year summary)Prior2YearInstant_NonConsolidatedMember-23.96
Net assets per share (5-year summary)Prior1YearInstant_NonConsolidatedMember-26.12
Net assets per share (5-year summary)CurrentYearInstant_NonConsolidatedMember-24.73
Dividend paid per share (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Dividend paid per share (5-year summary)Prior3YearDuration_NonConsolidatedMember-

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 2024-03-31pass rounding
balance sheet identityconsolidated 2025-03-31pass rounding
balance sheet identitynon_consolidated 2024-03-31pass
balance sheet identitynon_consolidated 2025-03-31pass
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2023-03-31pass
statement vs summary · net assetsconsolidated 2024-03-31pass
statement vs summary · net assetsconsolidated 2025-03-31pass
statement vs summary · net assetsnon_consolidated 2023-03-31pass
statement vs summary · net assetsnon_consolidated 2024-03-31pass
statement vs summary · net assetsnon_consolidated 2025-03-31pass
statement vs summary · net income attributable to parentconsolidated 2023-04-01/2024-03-31pass
statement vs summary · net income attributable to parentconsolidated 2024-04-01/2025-03-31pass
statement vs summary · operating cash flowconsolidated 2023-04-01/2024-03-31pass
statement vs summary · operating cash flowconsolidated 2024-04-01/2025-03-31pass
statement vs summary · revenueconsolidated 2023-04-01/2024-03-31pass
statement vs summary · revenueconsolidated 2024-04-01/2025-03-31pass
statement vs summary · revenuenon_consolidated 2023-04-01/2024-03-31pass
statement vs summary · revenuenon_consolidated 2024-04-01/2025-03-31pass
statement vs summary · total assetsconsolidated 2024-03-31pass
statement vs summary · total assetsconsolidated 2025-03-31pass
statement vs summary · total assetsnon_consolidated 2024-03-31pass
statement vs summary · total assetsnon_consolidated 2025-03-31pass