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 issues shares other than those not listed investment shares held for pure investment reporting companyCurrentYearInstant-
Book value equity securities other than those not listed investment equity securities held for pure investment reporting companyCurrentYearInstant-JPY
Total of dividends received equity securities other than those not listed investment equity securities held for pure investment reporting companyCurrentYearDuration-JPY
Total of gain loss on sale equity securities other than those not listed investment equity securities held for pure investment reporting companyCurrentYearDuration-JPY
Total of valuation gain loss equity securities other than those not listed investment equity securities held for pure investment reporting companyCurrentYearDuration-JPY
Number of employeesCurrentYearInstant_CorporateSharedMember3
Number of employeesCurrentYearInstant11
Number of employeesCurrentYearInstant_NonConsolidatedMember3
Average age years information about reporting company information about employeesCurrentYearInstant_NonConsolidatedMember63.0
Average length of service years information about reporting company information about employeesCurrentYearInstant_NonConsolidatedMember16.9
Average annual salary information about reporting company information about employeesCurrentYearInstant_NonConsolidatedMember5192000JPY
Change from previous fiscal year in average annual salary information about reporting company information about employeesCurrentYearInstant_NonConsolidatedMember-0.026
Number of employeesCurrentYearInstant_NonConsolidatedMember_CorporateSharedMember2
Number of employeesCurrentYearInstant_NonConsolidatedMember3
Cash and depositsPrior1YearInstant462000000JPY
Cash and depositsCurrentYearInstant466000000JPY
InventoriesPrior1YearInstant0JPY
InventoriesCurrentYearInstant0JPY
Accrued incomePrior1YearInstant25000000JPY
Accrued incomeCurrentYearInstant35000000JPY
Other caPrior1YearInstant7000000JPY
Other caCurrentYearInstant16000000JPY
Allowance for doubtful accounts caPrior1YearInstant-JPY
Allowance for doubtful accounts caCurrentYearInstant-0JPY
Current assetsPrior1YearInstant496000000JPY
Current assetsCurrentYearInstant518000000JPY
BuildingsPrior1YearInstant823000000JPY
BuildingsCurrentYearInstant823000000JPY
Accumulated depreciation buildingsPrior1YearInstant-688000000JPY
Accumulated depreciation buildingsCurrentYearInstant-732000000JPY
Buildings netPrior1YearInstant134000000JPY
Buildings netCurrentYearInstant90000000JPY
LandPrior1YearInstant1171000000JPY
LandCurrentYearInstant1169000000JPY
Other ppePrior1YearInstant12000000JPY
Other ppeCurrentYearInstant13000000JPY
Accumulated depreciation other ppePrior1YearInstant-10000000JPY
Accumulated depreciation other ppeCurrentYearInstant-11000000JPY
Other net ppePrior1YearInstant2000000JPY
Other net ppeCurrentYearInstant2000000JPY
Property plant and equipmentPrior1YearInstant1308000000JPY
Property plant and equipmentCurrentYearInstant1262000000JPY
Intangible assetsPrior1YearInstant0JPY
Intangible assetsCurrentYearInstant0JPY
Investment securitiesPrior1YearInstant6000000JPY
Investment securitiesCurrentYearInstant6000000JPY
Long term loans receivablePrior1YearInstant54000000JPY
Long term loans receivableCurrentYearInstant54000000JPY
Guarantee deposits ioaPrior1YearInstant6000000JPY
Guarantee deposits ioaCurrentYearInstant52000000JPY

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