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 shareholders other corporationsCurrentYearInstant_ClassAPreferredSharesMember1
Number of shareholders foreign investors other than individualsCurrentYearInstant_ClassAPreferredSharesMember-
Number of shareholders foreign individual investorsCurrentYearInstant_ClassAPreferredSharesMember-
Number of shareholders individuals and othersCurrentYearInstant_ClassAPreferredSharesMember-
Number of shareholders totalCurrentYearInstant_ClassAPreferredSharesMember1
Number of shares held number of units national and local governmentsCurrentYearInstant_ClassAPreferredSharesMember-
Number of shares held number of units financial institutionsCurrentYearInstant_ClassAPreferredSharesMember-
Number of shares held number of units financial service providersCurrentYearInstant_ClassAPreferredSharesMember-
Number of shares held number of units other corporationsCurrentYearInstant_ClassAPreferredSharesMember62443
Number of shares held number of units foreign investors other than individualsCurrentYearInstant_ClassAPreferredSharesMember-
Number of shares held number of units foreign individual investorsCurrentYearInstant_ClassAPreferredSharesMember-
Number of shares held number of units individuals and othersCurrentYearInstant_ClassAPreferredSharesMember-
Number of shares held number of units totalCurrentYearInstant_ClassAPreferredSharesMember62443
Number of shares held shares less than one unitCurrentYearInstant_ClassAPreferredSharesMember7
Percentage of shareholdings national and local governmentsCurrentYearInstant_ClassAPreferredSharesMember-
Percentage of shareholdings financial institutionsCurrentYearInstant_ClassAPreferredSharesMember-
Percentage of shareholdings financial service providersCurrentYearInstant_ClassAPreferredSharesMember-
Percentage of shareholdings other corporationsCurrentYearInstant_ClassAPreferredSharesMember1.000
Percentage of shareholdings foreigners other than individualsCurrentYearInstant_ClassAPreferredSharesMember-
Percentage of shareholdings foreign individualsCurrentYearInstant_ClassAPreferredSharesMember-
Percentage of shareholdings individuals and othersCurrentYearInstant_ClassAPreferredSharesMember-
Number of shares heldCurrentYearInstant_No1MajorShareholdersMember55211000
Shareholding ratioCurrentYearInstant_No1MajorShareholdersMember0.5399
Number of shares heldCurrentYearInstant_No2MajorShareholdersMember4178000
Shareholding ratioCurrentYearInstant_No2MajorShareholdersMember0.0409
Number of shares heldCurrentYearInstant_No3MajorShareholdersMember4054000
Shareholding ratioCurrentYearInstant_No3MajorShareholdersMember0.0396
Number of shares heldCurrentYearInstant_No4MajorShareholdersMember1300000
Shareholding ratioCurrentYearInstant_No4MajorShareholdersMember0.0127
Number of shares heldCurrentYearInstant_No5MajorShareholdersMember1064000
Shareholding ratioCurrentYearInstant_No5MajorShareholdersMember0.0104
Number of shares heldCurrentYearInstant_No6MajorShareholdersMember1050000
Shareholding ratioCurrentYearInstant_No6MajorShareholdersMember0.0103
Number of shares heldCurrentYearInstant_No7MajorShareholdersMember875000
Shareholding ratioCurrentYearInstant_No7MajorShareholdersMember0.0086
Number of shares heldCurrentYearInstant_No8MajorShareholdersMember841000
Shareholding ratioCurrentYearInstant_No8MajorShareholdersMember0.0082
Number of shares heldCurrentYearInstant_No9MajorShareholdersMember700000
Shareholding ratioCurrentYearInstant_No9MajorShareholdersMember0.0068
Number of shares heldCurrentYearInstant_No10MajorShareholdersMember596000
Shareholding ratioCurrentYearInstant_No10MajorShareholdersMember0.0058
Number of shares heldCurrentYearInstant69870000
Shareholding ratioCurrentYearInstant0.6833
Number of voting rights heldCurrentYearInstant_No1MajorShareholdersVotingRightsMember552110
Ratio of voting rights heldCurrentYearInstant_No1MajorShareholdersVotingRightsMember0.5400
Number of voting rights heldCurrentYearInstant_No2MajorShareholdersVotingRightsMember41783
Ratio of voting rights heldCurrentYearInstant_No2MajorShareholdersVotingRightsMember0.0409
Number of voting rights heldCurrentYearInstant_No3MajorShareholdersVotingRightsMember40542
Ratio of voting rights heldCurrentYearInstant_No3MajorShareholdersVotingRightsMember0.0396
Number of voting rights heldCurrentYearInstant_No4MajorShareholdersVotingRightsMember13000

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