Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-25
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 143
MetricValuePeriodScopeSource row
Revenue¥433m2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥383m2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥349m2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
Revenue¥339m2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Revenue¥362m2021-04-01 → 2022-03-31vCons.Net sales (5-year summary)
Operating income¥47m2025-04-01 → 2026-03-31Cons.Operating income
Operating income¥34m2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income¥48m2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income¥34m2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥13m2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥10m2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income−¥8m2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥95m2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax¥56m2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)¥50m2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥9m2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥11m2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥24m2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥53m2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥50m2025-04-01 → 2026-03-31Cons.Profit loss
Net income¥9m2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥1.9bnat 2026-03-31Cons.Assets
Total assets¥1.8bnat 2025-03-31Cons.Assets
Total assets¥2.3bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥2.4bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥2.4bnat 2022-03-31vCons.Total assets (5-year summary)
Total liabilities¥155mat 2026-03-31Cons.Liabilities
Total liabilities¥177mat 2025-03-31Cons.Liabilities
Net assets / equity¥1.7bnat 2026-03-31Cons.Net assets
Net assets / equity¥1.6bnat 2025-03-31Cons.Net assets
Net assets / equity¥2.0bnat 2024-03-31vCons.Net assets
Net assets / equity¥2.1bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥2.0bnat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥466mat 2026-03-31Cons.Cash and deposits
Cash and deposits¥462mat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥466mat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥462mat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥886mat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥879mat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥752mat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥54m2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥58m2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥18m2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥12m2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥30m2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥18m2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow¥8m2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow¥58m2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow¥146m2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow¥35m2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥32m2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥491m2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥32m2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥32m2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥32m2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥-1.372025-04-01 → 2026-03-31Cons.Basic earnings loss per share (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 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-1.252022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-2.062021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥-24.26at 2026-03-31Cons.Net assets 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 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥-20.09at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥-18.84at 2022-03-31vCons.Net assets per share (5-year summary)
Equity ratio91.6%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio90.3%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio89.1%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio86.2%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio84.8%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
ROE3.0%2025-04-01 → 2026-03-31Cons.Rate of return on equity (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 → 2024-03-31vCons.Rate of return on equity (5-year summary)
ROE1.2%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
ROE-2.6%2021-04-01 → 2022-03-31vCons.Rate of return on equity (5-year summary)
Employees11at 2026-03-31Cons.Number of employees
Employees13at 2025-03-31Cons.Number of employees
Employees12at 2024-03-31vCons.Number of employees
Employees12at 2023-03-31vCons.Number of employees
Employees12at 2022-03-31vCons.Number of employees
Revenue¥174m2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥134m2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥134m2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥134m2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥137m2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income−¥61m2025-04-01 → 2026-03-31StandaloneOperating income
Operating income−¥68m2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income−¥61m2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income−¥70m2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income−¥58m2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥58m2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥63m2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax−¥33m2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥301m2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income−¥34m2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥300m2024-04-01 → 2025-03-31StandaloneProfit loss
Net income−¥59m2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income−¥82m2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income−¥64m2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥1.5bnat 2026-03-31StandaloneAssets
Total assets¥1.6bnat 2025-03-31StandaloneAssets
Total assets¥1.8bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥1.9bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥2.0bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥83mat 2026-03-31StandaloneLiabilities
Total liabilities¥165mat 2025-03-31StandaloneLiabilities
Net assets / equity¥1.4bnat 2026-03-31StandaloneNet assets
Net assets / equity¥1.5bnat 2025-03-31StandaloneNet assets
Net assets / equity¥1.6bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥1.7bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥1.8bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥221mat 2026-03-31StandaloneCash and deposits
Cash and deposits¥310mat 2025-03-31StandaloneCash and deposits
EPS (basic)¥-2.272025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥1.392024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-2.162023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-2.372022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-2.182021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
Net assets per share¥-27at 2026-03-31StandaloneNet assets 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 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥-23.96at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥-21.59at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio94.5%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio89.9%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio92.3%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio90.5%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio89.1%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE-2.4%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE19.3%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE-3.6%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE-4.7%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE-3.6%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued102,257,584at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued102,257,584at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued102,257,584at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued102,257,584at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued102,257,584at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees3at 2026-03-31StandaloneNumber of employees
Employees3at 2025-03-31StandaloneNumber of employees
Employees3at 2024-03-31vStandaloneNumber of employees
Employees3at 2023-03-31vStandaloneNumber of employees
Employees3at 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 · 38
SegmentItemPeriodValue
Reconciling Itemsreconcilingdepreciation2025-04-01 → 2026-03-31¥0
Reconciling Itemsreconcilingsegment assetsat 2026-03-31¥75m
Reconciling Itemsreconcilingsegment profit2025-04-01 → 2026-03-31−¥44m
Real Estate Leasingreportable segmentcapex2025-04-01 → 2026-03-31¥0
Real Estate Leasingreportable segmentdepreciation2025-04-01 → 2026-03-31¥44m
Real Estate Leasingreportable segmentrevenue2025-04-01 → 2026-03-31¥174m
Real Estate Leasingreportable segmentrevenue external2025-04-01 → 2026-03-31¥174m
Real Estate Leasingreportable segmentsegment assetsat 2026-03-31¥1.4bn
Real Estate Leasingreportable segmentsegment profit2025-04-01 → 2026-03-31−¥17m
Real Estate Managementreportable segmentrevenue2025-04-01 → 2026-03-31¥258m
Real Estate Managementreportable segmentrevenue external2025-04-01 → 2026-03-31¥258m
Real Estate Managementreportable segmentsegment assetsat 2026-03-31¥334m
Real Estate Managementreportable segmentsegment profit2025-04-01 → 2026-03-31¥109m
—segment totalcapex2025-04-01 → 2026-03-31¥0
—segment totaldepreciation2025-04-01 → 2026-03-31¥44m
—segment totalrevenue2025-04-01 → 2026-03-31¥433m
—segment totalrevenue external2025-04-01 → 2026-03-31¥433m
—segment totalsegment assetsat 2026-03-31¥1.8bn
—segment totalsegment profit2025-04-01 → 2026-03-31¥92m
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

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

All source rows · 1,286
ItemContextValueUnit
Number of employeesPrior3YearInstant_NonConsolidatedMember3
Number of employeesPrior2YearInstant_NonConsolidatedMember3
Number of employeesPrior1YearInstant_NonConsolidatedMember3
Number of employeesCurrentYearInstant_NonConsolidatedMember3
Total shareholder returnPrior4YearInstant_NonConsolidatedMember0.793
Total return on share price indexPrior4YearInstant_NonConsolidatedMember0.874
Total shareholder returnPrior3YearInstant_NonConsolidatedMember0.759
Total return on share price indexPrior3YearInstant_NonConsolidatedMember0.535
Total shareholder returnPrior2YearInstant_NonConsolidatedMember0.655
Total return on share price indexPrior2YearInstant_NonConsolidatedMember0.775
Total shareholder returnPrior1YearInstant_NonConsolidatedMember1.172
Total return on share price indexPrior1YearInstant_NonConsolidatedMember0.737
Total shareholder returnCurrentYearInstant_NonConsolidatedMember1.034
Total return on share price indexCurrentYearInstant_NonConsolidatedMember0.847
Capital expenditures overview of capital expenditures etcCurrentYearDuration0JPY
Number of issued shares as of fiscal year end issued shares total number of shares etcFilingDateInstant_OrdinaryShareMember96013277
Number of issued shares as of filing date issued shares total number of shares etcFilingDateInstant_OrdinaryShareMember96013277
Number of issued shares as of fiscal year end issued shares total number of shares etcFilingDateInstant_ClassAPreferredSharesMember6244307
Number of issued shares as of filing date issued shares total number of shares etcFilingDateInstant_ClassAPreferredSharesMember6244307
Number of issued shares as of fiscal year end issued shares total number of shares etcFilingDateInstant102257584
Number of issued shares as of filing date issued shares total number of shares etcFilingDateInstant102257584
Number of shares constituting one unitCurrentYearInstant_OrdinaryShareMember100
Number of shareholders national and local governmentsCurrentYearInstant_OrdinaryShareMember-
Number of shareholders financial institutionsCurrentYearInstant_OrdinaryShareMember1
Number of shareholders financial service providersCurrentYearInstant_OrdinaryShareMember19
Number of shareholders other corporationsCurrentYearInstant_OrdinaryShareMember67
Number of shareholders foreign investors other than individualsCurrentYearInstant_OrdinaryShareMember37
Number of shareholders foreign individual investorsCurrentYearInstant_OrdinaryShareMember54
Number of shareholders individuals and othersCurrentYearInstant_OrdinaryShareMember10814
Number of shareholders totalCurrentYearInstant_OrdinaryShareMember10992
Number of shares held number of units national and local governmentsCurrentYearInstant_OrdinaryShareMember-
Number of shares held number of units financial institutionsCurrentYearInstant_OrdinaryShareMember897
Number of shares held number of units financial service providersCurrentYearInstant_OrdinaryShareMember36868
Number of shares held number of units other corporationsCurrentYearInstant_OrdinaryShareMember533766
Number of shares held number of units foreign investors other than individualsCurrentYearInstant_OrdinaryShareMember23972
Number of shares held number of units foreign individual investorsCurrentYearInstant_OrdinaryShareMember1230
Number of shares held number of units individuals and othersCurrentYearInstant_OrdinaryShareMember363321
Number of shares held number of units totalCurrentYearInstant_OrdinaryShareMember960054
Number of shares held shares less than one unitCurrentYearInstant_OrdinaryShareMember7877
Percentage of shareholdings national and local governmentsCurrentYearInstant_OrdinaryShareMember-
Percentage of shareholdings financial institutionsCurrentYearInstant_OrdinaryShareMember0.0009
Percentage of shareholdings financial service providersCurrentYearInstant_OrdinaryShareMember0.0384
Percentage of shareholdings other corporationsCurrentYearInstant_OrdinaryShareMember0.5560
Percentage of shareholdings foreigners other than individualsCurrentYearInstant_OrdinaryShareMember0.0250
Percentage of shareholdings foreign individualsCurrentYearInstant_OrdinaryShareMember0.0013
Percentage of shareholdings individuals and othersCurrentYearInstant_OrdinaryShareMember0.3784
Number of shares constituting one unitCurrentYearInstant_ClassAPreferredSharesMember100
Number of shareholders national and local governmentsCurrentYearInstant_ClassAPreferredSharesMember-
Number of shareholders financial institutionsCurrentYearInstant_ClassAPreferredSharesMember-
Number of shareholders financial service providersCurrentYearInstant_ClassAPreferredSharesMember-

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 rounding
balance sheet identityconsolidated 2026-03-31pass
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