Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-24
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 144
MetricValuePeriodScopeSource row
Revenue¥27.6bn2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥35.6bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥30.9bn2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
Revenue¥22.5bn2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Revenue¥27.3bn2021-04-01 → 2022-03-31vCons.Net sales (5-year summary)
Operating income¥7.5bn2025-04-01 → 2026-03-31Cons.Operating income
Operating income¥5.9bn2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income¥7.5bn2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income¥5.9bn2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥4.1bn2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥3.1bn2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥4.5bn2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥7.5bn2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax¥4.1bn2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)¥3.5bn2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥1.2bn2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥2.2bn2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥858m2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥2.4bn2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥5.0bn2025-04-01 → 2026-03-31Cons.Profit loss
Net income¥2.4bn2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥72.0bnat 2026-03-31Cons.Assets
Total assets¥72.2bnat 2025-03-31Cons.Assets
Total assets¥74.2bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥83.3bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥78.0bnat 2022-03-31vCons.Total assets (5-year summary)
Total liabilities¥26.8bnat 2026-03-31Cons.Liabilities
Total liabilities¥29.9bnat 2025-03-31Cons.Liabilities
Net assets / equity¥45.2bnat 2026-03-31Cons.Net assets
Net assets / equity¥42.3bnat 2025-03-31Cons.Net assets
Net assets / equity¥40.3bnat 2024-03-31vCons.Net assets
Net assets / equity¥41.7bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥40.2bnat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥20.7bnat 2026-03-31Cons.Cash and deposits
Cash and deposits¥21.2bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥20.0bnat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥19.0bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥14.6bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥15.0bnat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥25.0bnat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥7.9bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥15.4bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥10.9bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥12.4bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥13.2bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥1.3bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥6.6bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥3.4bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥2.5bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥2.6bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥5.6bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥4.4bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥7.9bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥4.9bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥5.0bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥95.082025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥32.062024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-58.22023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥22.392022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥63.292021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥1,045.94at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥946.18at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥918.27at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥980.29at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥963.64at 2022-03-31vCons.Net assets per share (5-year summary)
Equity ratio52.5%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio50.2%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio47.4%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio45.1%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio47.3%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
ROE9.6%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE3.4%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE2.3%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
ROE6.8%2021-04-01 → 2022-03-31vCons.Rate of return on equity (5-year summary)
Employees376at 2026-03-31Cons.Number of employees
Employees402at 2025-03-31Cons.Number of employees
Employees368at 2024-03-31vCons.Number of employees
Employees377at 2023-03-31vCons.Number of employees
Employees413at 2022-03-31vCons.Number of employees
Revenue¥15.4bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥24.4bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥20.9bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥13.6bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥21.4bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income¥2.6bn2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥1.4bn2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥2.8bn2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥1.6bn2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥671m2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥250m2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥4.1bn2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥2.9bn2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax−¥254m2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥2.0bn2025-04-01 → 2026-03-31StandaloneProfit loss
Net income−¥470m2024-04-01 → 2025-03-31StandaloneProfit loss
Net income−¥3.4bn2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income−¥52m2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥2.4bn2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥43.3bnat 2026-03-31StandaloneAssets
Total assets¥46.5bnat 2025-03-31StandaloneAssets
Total assets¥52.2bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥62.6bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥58.4bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥13.2bnat 2026-03-31StandaloneLiabilities
Total liabilities¥16.4bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥30.1bnat 2026-03-31StandaloneNet assets
Net assets / equity¥30.1bnat 2025-03-31StandaloneNet assets
Net assets / equity¥30.7bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥34.3bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥34.5bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥12.7bnat 2026-03-31StandaloneCash and deposits
Cash and deposits¥15.3bnat 2025-03-31StandaloneCash and deposits
EPS (basic)¥54.642025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-12.272024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-89.052023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-1.362022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥63.862021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥102025-04-01 → 2026-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥52024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥42023-04-01 → 2024-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥32022-04-01 → 2023-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥62021-04-01 → 2022-03-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥833.08at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥785.01at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥801.27at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥894.33at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥901.69at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio69.6%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio64.7%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio58.7%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio54.8%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio59.1%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE6.8%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE7.3%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued38,315,000at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued38,315,000at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued38,315,000at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued38,315,000at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued38,315,000at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees273at 2026-03-31StandaloneNumber of employees
Employees316at 2025-03-31StandaloneNumber of employees
Employees305at 2024-03-31vStandaloneNumber of employees
Employees321at 2023-03-31vStandaloneNumber of employees
Employees371at 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 · 25
SegmentItemPeriodValue
Reconciling Itemsreconcilingdepreciation2025-04-01 → 2026-03-31¥7m
Reconciling Itemsreconcilingrevenue2025-04-01 → 2026-03-31−¥51m
Reconciling Itemsreconcilingrevenue intersegment2025-04-01 → 2026-03-31−¥51m
Reconciling Itemsreconcilingsegment assetsat 2026-03-31¥13.7bn
Reconciling Itemsreconcilingsegment profit2025-04-01 → 2026-03-31¥1m
Total Of Reportable Segments And Otherssegment totalcapex2025-04-01 → 2026-03-31¥2.9bn
Total Of Reportable Segments And Otherssegment totaldepreciation2025-04-01 → 2026-03-31¥2.3bn
Total Of Reportable Segments And Otherssegment totalrevenue2025-04-01 → 2026-03-31¥27.6bn
Total Of Reportable Segments And Otherssegment totalrevenue external2025-04-01 → 2026-03-31¥27.6bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2025-04-01 → 2026-03-31¥51m
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2026-03-31¥58.3bn
Total Of Reportable Segments And Otherssegment totalsegment profit2025-04-01 → 2026-03-31¥7.5bn
Reconciling Itemsreconcilingcapex2024-04-01 → 2025-03-31¥15m
Reconciling Itemsreconcilingdepreciation2024-04-01 → 2025-03-31¥5m
Reconciling Itemsreconcilingrevenue2024-04-01 → 2025-03-31−¥54m
Reconciling Itemsreconcilingrevenue intersegment2024-04-01 → 2025-03-31−¥54m
Reconciling Itemsreconcilingsegment assetsat 2025-03-31¥15.5bn
Reconciling Itemsreconcilingsegment profit2024-04-01 → 2025-03-31¥1m
Total Of Reportable Segments And Otherssegment totalcapex2024-04-01 → 2025-03-31¥9.1bn
Total Of Reportable Segments And Otherssegment totaldepreciation2024-04-01 → 2025-03-31¥2.5bn
Total Of Reportable Segments And Otherssegment totalrevenue2024-04-01 → 2025-03-31¥35.7bn
Total Of Reportable Segments And Otherssegment totalrevenue external2024-04-01 → 2025-03-31¥35.6bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2024-04-01 → 2025-03-31¥54m
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2025-03-31¥56.7bn
Total Of Reportable Segments And Otherssegment totalsegment profit2024-04-01 → 2025-03-31¥5.9bn

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

All source rows · 1,575
ItemContextValueUnit
Name major shareholdersCurrentYearInstant_No2MajorShareholdersMember
Original text (Japanese)沓 名 裕一郎(注2)
Address major shareholdersCurrentYearInstant_No2MajorShareholdersMember
Original text (Japanese)愛知県安城市
Name major shareholdersCurrentYearInstant_No3MajorShareholdersMember
Original text (Japanese)日本マスタートラスト信託銀行株式会社(信託口)
Address major shareholdersCurrentYearInstant_No3MajorShareholdersMember
Original text (Japanese)東京都港区赤坂1丁目8-1
Name major shareholdersCurrentYearInstant_No4MajorShareholdersMember
Original text (Japanese)沓 名 一 樹(注2)
Address major shareholdersCurrentYearInstant_No4MajorShareholdersMember
Original text (Japanese)愛知県安城市
Name major shareholdersCurrentYearInstant_No5MajorShareholdersMember
Original text (Japanese)ラセット合同会社
Address major shareholdersCurrentYearInstant_No5MajorShareholdersMember
Original text (Japanese)愛知県安城市三河安城町2丁目14-8
Name major shareholdersCurrentYearInstant_No6MajorShareholdersMember
Original text (Japanese)沓 名 眞裕美
Address major shareholdersCurrentYearInstant_No6MajorShareholdersMember
Original text (Japanese)愛知県安城市
Name major shareholdersCurrentYearInstant_No7MajorShareholdersMember
Original text (Japanese)株式会社日本カストディ銀行(信託口)
Address major shareholdersCurrentYearInstant_No7MajorShareholdersMember
Original text (Japanese)東京都中央区晴海1丁目8-12
Name major shareholdersCurrentYearInstant_No8MajorShareholdersMember
Original text (Japanese)MORGAN STANLEY& CO. LLC(常任代理人 モルガン・スタンレーMUFG証券株式会社)
Address major shareholdersCurrentYearInstant_No8MajorShareholdersMemberText · Plus
Name major shareholdersCurrentYearInstant_No9MajorShareholdersMemberText · Plus
Address major shareholdersCurrentYearInstant_No9MajorShareholdersMemberText · Plus
Name major shareholdersCurrentYearInstant_No10MajorShareholdersMemberText · Plus
Address major shareholdersCurrentYearInstant_No10MajorShareholdersMemberText · Plus
Issued shares voting rights (text)FilingDateInstantText · Plus
Description issued shares voting rightsCurrentYearInstant_SharesWithNoVotingRightsMember-
Description issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsTreasurySharesEtcMember-
Description issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember-
Description issued shares voting rightsCurrentYearInstant_SharesWithFullVotingRightsTreasurySharesEtcMember-
Description issued shares voting rightsCurrentYearInstant_SharesWithFullVotingRightsOtherMember
Original text (Japanese)権利内容に何ら限定のない当社における標準となる株式
Description issued shares voting rightsCurrentYearInstant_SharesLessThanOneUnitMember-
Treasury shares etc (text)FilingDateInstantText · Plus
Name of shareholder treasury shares etcCurrentYearInstant_Row1Member
Original text (Japanese)株式会社 東祥
Address of shareholder treasury shares etcCurrentYearInstant_Row1Member
Original text (Japanese)愛知県安城市三河安城町1丁目16番地5
Classes of shares etc (text)FilingDateInstantText · Plus
Acquisitions by resolution of shareholders meeting (text)FilingDateInstantText · Plus
Acquisitions by resolution of board of directors meeting (text)FilingDateInstantText · Plus
Acquisitions not based on resolution of shareholders meeting or board of directors meeting (text)FilingDateInstantText · Plus
Disposals or holding of acquired treasury shares (text)FilingDateInstantText · Plus
Dividend policy (text)FilingDateInstantText · Plus
Date of resolution dividends of surplusFilingDateInstant_Row1Member2025-10-14
Resolution dividends of surplusFilingDateInstant_Row1Member
Original text (Japanese)取締役会
Date of resolution dividends of surplusFilingDateInstant_Row2Member2026-05-15
Resolution dividends of surplusFilingDateInstant_Row2Member
Original text (Japanese)取締役会
Overview of corporate governance (text)FilingDateInstantText · Plus
Corporate governance company with corporate auditors (text)FilingDateInstantText · Plus
Information about officers (text)FilingDateInstantText · Plus
Official title or position information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E04018-000KutsunaToshirioMember
Original text (Japanese)取締役会長
Name information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E04018-000KutsunaToshirioMember
Original text (Japanese)沓名 俊裕
Date of birth information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E04018-000KutsunaToshirioMember1951-03-01
Career summary information about directors and corporate auditors (text)FilingDateInstant_jpcrp030000-asr_E04018-000KutsunaToshirioMemberText · Plus
Term of office information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E04018-000KutsunaToshirioMember
Original text (Japanese)(注)4
Official title or position information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E04018-000KutsunaYuichiroMember
Original text (Japanese)代表取締役社長
Name information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E04018-000KutsunaYuichiroMember
Original text (Japanese)沓名 裕一郎
Date of birth information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E04018-000KutsunaYuichiroMember1975-01-01
Career summary information about directors and corporate auditors (text)FilingDateInstant_jpcrp030000-asr_E04018-000KutsunaYuichiroMemberText · Plus

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