Annual report

Period2025-03-01 → 2026-02-28
Filed2026-05-25
StandardJapan GAAP
ConsolidatedNo
Data checks13 of 13 passed
Key figures · 88
MetricValuePeriodScopeSource row
Revenue¥42.1bn2025-03-01 → 2026-02-28StandaloneNet sales
Revenue¥40.1bn2024-03-01 → 2025-02-28StandaloneNet sales
Revenue¥38.8bn2023-03-01 → 2024-02-29vStandaloneNet sales (5-year summary)
Revenue¥42.7bn2022-03-01 → 2023-02-28vStandaloneNet sales (5-year summary)
Revenue¥41.8bn2021-03-01 → 2022-02-28vStandaloneNet sales (5-year summary)
Operating income¥5.0bn2025-03-01 → 2026-02-28StandaloneOperating income
Operating income¥5.3bn2024-03-01 → 2025-02-28StandaloneOperating income
Ordinary income¥4.0bn2025-03-01 → 2026-02-28StandaloneOrdinary income
Ordinary income¥4.5bn2024-03-01 → 2025-02-28StandaloneOrdinary income
Ordinary income¥3.8bn2023-03-01 → 2024-02-29vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥3.6bn2022-03-01 → 2023-02-28vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥3.2bn2021-03-01 → 2022-02-28vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥3.8bn2025-03-01 → 2026-02-28StandaloneIncome before income taxes
Profit before tax¥4.5bn2024-03-01 → 2025-02-28StandaloneIncome before income taxes
Net income¥2.6bn2025-03-01 → 2026-02-28StandaloneProfit loss
Net income¥3.1bn2024-03-01 → 2025-02-28StandaloneProfit loss
Net income¥2.6bn2023-03-01 → 2024-02-29vStandaloneNet income loss (5-year summary)
Net income¥2.4bn2022-03-01 → 2023-02-28vStandaloneNet income loss (5-year summary)
Net income¥2.3bn2021-03-01 → 2022-02-28vStandaloneNet income loss (5-year summary)
Total assets¥113.1bnat 2026-02-28StandaloneAssets
Total assets¥110.7bnat 2025-02-28StandaloneAssets
Total assets¥101.2bnat 2024-02-29vStandaloneTotal assets (5-year summary)
Total assets¥86.1bnat 2023-02-28vStandaloneTotal assets (5-year summary)
Total assets¥98.3bnat 2022-02-28vStandaloneTotal assets (5-year summary)
Total liabilities¥78.4bnat 2026-02-28StandaloneLiabilities
Total liabilities¥77.7bnat 2025-02-28StandaloneLiabilities
Net assets / equity¥34.7bnat 2026-02-28StandaloneNet assets
Net assets / equity¥32.9bnat 2025-02-28StandaloneNet assets
Net assets / equity¥30.7bnat 2024-02-29vStandaloneNet assets
Net assets / equity¥28.6bnat 2023-02-28vStandaloneNet assets (5-year summary)
Net assets / equity¥26.7bnat 2022-02-28vStandaloneNet assets (5-year summary)
Cash and deposits¥12.6bnat 2026-02-28StandaloneCash and deposits
Cash and deposits¥17.2bnat 2025-02-28StandaloneCash and deposits
Cash & equivalents¥10.3bnat 2026-02-28StandaloneCash and cash equivalents
Cash & equivalents¥14.8bnat 2025-02-28StandaloneCash and cash equivalents
Cash & equivalents¥15.0bnat 2024-02-29vStandaloneCash and cash equivalents
Cash & equivalents¥9.1bnat 2023-02-28vStandaloneCash and cash equivalents (5-year summary)
Cash & equivalents¥14.7bnat 2022-02-28vStandaloneCash and cash equivalents (5-year summary)
Operating cash flow−¥9.0bn2025-03-01 → 2026-02-28StandaloneNet cash provided by used in operating activities
Operating cash flow−¥1.9bn2024-03-01 → 2025-02-28StandaloneNet cash provided by used in operating activities
Operating cash flow−¥1.2bn2023-03-01 → 2024-02-29vStandaloneNet cash provided by used in operating activities (5-year summary)
Operating cash flow¥2.2bn2022-03-01 → 2023-02-28vStandaloneNet cash provided by used in operating activities (5-year summary)
Operating cash flow¥8.2bn2021-03-01 → 2022-02-28vStandaloneNet cash provided by used in operating activities (5-year summary)
Investing cash flow−¥2.8bn2025-03-01 → 2026-02-28StandaloneNet cash provided by used in investment activities
Investing cash flow−¥2.1bn2024-03-01 → 2025-02-28StandaloneNet cash provided by used in investment activities
Investing cash flow−¥458m2023-03-01 → 2024-02-29vStandaloneNet cash provided by used in investing activities (5-year summary)
Investing cash flow−¥1.1bn2022-03-01 → 2023-02-28vStandaloneNet cash provided by used in investing activities (5-year summary)
Investing cash flow¥191m2021-03-01 → 2022-02-28vStandaloneNet cash provided by used in investing activities (5-year summary)
Financing cash flow¥7.3bn2025-03-01 → 2026-02-28StandaloneNet cash provided by used in financing activities
Financing cash flow¥3.9bn2024-03-01 → 2025-02-28StandaloneNet cash provided by used in financing activities
Financing cash flow¥7.5bn2023-03-01 → 2024-02-29vStandaloneNet cash provided by used in financing activities (5-year summary)
Financing cash flow−¥6.6bn2022-03-01 → 2023-02-28vStandaloneNet cash provided by used in financing activities (5-year summary)
Financing cash flow−¥3.1bn2021-03-01 → 2022-02-28vStandaloneNet cash provided by used in financing activities (5-year summary)
EPS (basic)¥239.442025-03-01 → 2026-02-28StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥284.512024-03-01 → 2025-02-28StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥237.732023-03-01 → 2024-02-29vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥214.612022-03-01 → 2023-02-28vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥210.552021-03-01 → 2022-02-28vStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥722025-03-01 → 2026-02-28StandaloneDividend paid per share (5-year summary)
Dividend per share¥702024-03-01 → 2025-02-28StandaloneDividend paid per share (5-year summary)
Dividend per share¥602023-03-01 → 2024-02-29vStandaloneDividend paid per share (5-year summary)
Dividend per share¥502022-03-01 → 2023-02-28vStandaloneDividend paid per share (5-year summary)
Dividend per share¥402021-03-01 → 2022-02-28vStandaloneDividend paid per share (5-year summary)
Net assets per share¥3,168.72at 2026-02-28StandaloneNet assets per share (5-year summary)
Net assets per share¥3,005.8at 2025-02-28StandaloneNet assets per share (5-year summary)
Net assets per share¥2,762.11at 2024-02-29vStandaloneNet assets per share (5-year summary)
Net assets per share¥2,574.79at 2023-02-28vStandaloneNet assets per share (5-year summary)
Net assets per share¥2,401.56at 2022-02-28vStandaloneNet assets per share (5-year summary)
Equity ratio30.7%at 2026-02-28StandaloneEquity to asset ratio (5-year summary)
Equity ratio29.8%at 2025-02-28StandaloneEquity to asset ratio (5-year summary)
Equity ratio30.3%at 2024-02-29vStandaloneEquity to asset ratio (5-year summary)
Equity ratio33.2%at 2023-02-28vStandaloneEquity to asset ratio (5-year summary)
Equity ratio27.1%at 2022-02-28vStandaloneEquity to asset ratio (5-year summary)
ROE7.8%2025-03-01 → 2026-02-28StandaloneRate of return on equity (5-year summary)
ROE9.8%2024-03-01 → 2025-02-28StandaloneRate of return on equity (5-year summary)
ROE8.9%2023-03-01 → 2024-02-29vStandaloneRate of return on equity (5-year summary)
ROE8.6%2022-03-01 → 2023-02-28vStandaloneRate of return on equity (5-year summary)
ROE9.1%2021-03-01 → 2022-02-28vStandaloneRate of return on equity (5-year summary)
Shares issued11,100,000at 2026-02-28StandaloneTotal number of issued shares (5-year summary)
Shares issued11,100,000at 2025-02-28StandaloneTotal number of issued shares (5-year summary)
Shares issued11,100,000at 2024-02-29vStandaloneTotal number of issued shares (5-year summary)
Shares issued11,100,000at 2023-02-28vStandaloneTotal number of issued shares (5-year summary)
Shares issued11,100,000at 2022-02-28vStandaloneTotal number of issued shares (5-year summary)
Employees125at 2026-02-28StandaloneNumber of employees
Employees123at 2025-02-28StandaloneNumber of employees
Employees122at 2024-02-29vStandaloneNumber of employees
Employees124at 2023-02-28vStandaloneNumber of employees
Employees123at 2022-02-28vStandaloneNumber 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 · 75
SegmentItemPeriodValue
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentscapex2025-03-01 → 2026-02-28¥1.3bn
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsdepreciation2025-03-01 → 2026-02-28¥46m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue2025-03-01 → 2026-02-28¥229m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue external2025-03-01 → 2026-02-28¥229m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment assetsat 2026-02-28¥1.7bn
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment profit2025-03-01 → 2026-02-28¥166m
Condominium Salesreportable segmentcapex2025-03-01 → 2026-02-28¥78m
Condominium Salesreportable segmentdepreciation2025-03-01 → 2026-02-28¥163m
Condominium Salesreportable segmentrevenue2025-03-01 → 2026-02-28¥34.2bn
Condominium Salesreportable segmentrevenue external2025-03-01 → 2026-02-28¥34.2bn
Condominium Salesreportable segmentsegment assetsat 2026-02-28¥52.7bn
Condominium Salesreportable segmentsegment profit2025-03-01 → 2026-02-28¥4.4bn
Other Real Estate Salesreportable segmentrevenue2025-03-01 → 2026-02-28¥2.7bn
Other Real Estate Salesreportable segmentrevenue external2025-03-01 → 2026-02-28¥2.7bn
Other Real Estate Salesreportable segmentsegment assetsat 2026-02-28¥13.6bn
Other Real Estate Salesreportable segmentsegment profit2025-03-01 → 2026-02-28¥518m
Rent Income Of Real Estatereportable segmentcapex2025-03-01 → 2026-02-28¥2.0bn
Rent Income Of Real Estatereportable segmentdepreciation2025-03-01 → 2026-02-28¥615m
Rent Income Of Real Estatereportable segmentrevenue2025-03-01 → 2026-02-28¥3.3bn
Rent Income Of Real Estatereportable segmentrevenue external2025-03-01 → 2026-02-28¥3.3bn
Rent Income Of Real Estatereportable segmentsegment assetsat 2026-02-28¥29.0bn
Rent Income Of Real Estatereportable segmentsegment profit2025-03-01 → 2026-02-28¥1.0bn
Single Family House Salesreportable segmentrevenue2025-03-01 → 2026-02-28¥1.8bn
Single Family House Salesreportable segmentrevenue external2025-03-01 → 2026-02-28¥1.8bn
Single Family House Salesreportable segmentsegment assetsat 2026-02-28¥1.9bn
Single Family House Salesreportable segmentsegment profit2025-03-01 → 2026-02-28¥66m
—segment totalcapex2025-03-01 → 2026-02-28¥2.1bn
—segment totaldepreciation2025-03-01 → 2026-02-28¥778m
—segment totalrevenue2025-03-01 → 2026-02-28¥41.9bn
—segment totalrevenue external2025-03-01 → 2026-02-28¥41.9bn
—segment totalsegment assetsat 2026-02-28¥97.2bn
—segment totalsegment profit2025-03-01 → 2026-02-28¥6.0bn
Total Of Reportable Segments And Otherssegment totalcapex2025-03-01 → 2026-02-28¥3.4bn
Total Of Reportable Segments And Otherssegment totaldepreciation2025-03-01 → 2026-02-28¥824m
Total Of Reportable Segments And Otherssegment totalrevenue2025-03-01 → 2026-02-28¥42.1bn
Total Of Reportable Segments And Otherssegment totalrevenue external2025-03-01 → 2026-02-28¥42.1bn
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2026-02-28¥98.9bn
Total Of Reportable Segments And Otherssegment totalsegment profit2025-03-01 → 2026-02-28¥6.2bn
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentscapex2024-03-01 → 2025-02-28¥513m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue2024-03-01 → 2025-02-28¥82m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue external2024-03-01 → 2025-02-28¥82m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment assetsat 2025-02-28¥513m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment profit2024-03-01 → 2025-02-28¥70m
Condominium Salesreportable segmentcapex2024-03-01 → 2025-02-28¥207m
Condominium Salesreportable segmentdepreciation2024-03-01 → 2025-02-28¥159m
Condominium Salesreportable segmentrevenue2024-03-01 → 2025-02-28¥30.6bn
Condominium Salesreportable segmentrevenue external2024-03-01 → 2025-02-28¥30.6bn
Condominium Salesreportable segmentsegment assetsat 2025-02-28¥52.6bn
Condominium Salesreportable segmentsegment profit2024-03-01 → 2025-02-28¥4.4bn
Other Real Estate Salesreportable segmentrevenue2024-03-01 → 2025-02-28¥4.3bn
Other Real Estate Salesreportable segmentrevenue external2024-03-01 → 2025-02-28¥4.3bn
Other Real Estate Salesreportable segmentsegment assetsat 2025-02-28¥9.4bn
Other Real Estate Salesreportable segmentsegment profit2024-03-01 → 2025-02-28¥910m
Rent Income Of Real Estatereportable segmentcapex2024-03-01 → 2025-02-28¥1.9bn
Rent Income Of Real Estatereportable segmentdepreciation2024-03-01 → 2025-02-28¥552m
Rent Income Of Real Estatereportable segmentrevenue2024-03-01 → 2025-02-28¥3.3bn
Rent Income Of Real Estatereportable segmentrevenue external2024-03-01 → 2025-02-28¥3.3bn
Rent Income Of Real Estatereportable segmentsegment assetsat 2025-02-28¥27.6bn
Rent Income Of Real Estatereportable segmentsegment profit2024-03-01 → 2025-02-28¥1.0bn
Single Family House Salesreportable segmentrevenue2024-03-01 → 2025-02-28¥1.9bn
Single Family House Salesreportable segmentrevenue external2024-03-01 → 2025-02-28¥1.9bn
Single Family House Salesreportable segmentsegment assetsat 2025-02-28¥1.6bn
Single Family House Salesreportable segmentsegment profit2024-03-01 → 2025-02-28¥134m
—segment totalcapex2024-03-01 → 2025-02-28¥2.1bn
—segment totaldepreciation2024-03-01 → 2025-02-28¥711m
—segment totalrevenue2024-03-01 → 2025-02-28¥40.0bn
—segment totalrevenue external2024-03-01 → 2025-02-28¥40.0bn
—segment totalsegment assetsat 2025-02-28¥91.1bn
—segment totalsegment profit2024-03-01 → 2025-02-28¥6.5bn
Total Of Reportable Segments And Otherssegment totalcapex2024-03-01 → 2025-02-28¥2.6bn
Total Of Reportable Segments And Otherssegment totaldepreciation2024-03-01 → 2025-02-28¥711m
Total Of Reportable Segments And Otherssegment totalrevenue2024-03-01 → 2025-02-28¥40.1bn
Total Of Reportable Segments And Otherssegment totalrevenue external2024-03-01 → 2025-02-28¥40.1bn
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2025-02-28¥91.7bn
Total Of Reportable Segments And Otherssegment totalsegment profit2024-03-01 → 2025-02-28¥6.5bn

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

All source rows · 1,219
ItemContextValueUnit
Purpose of shareholding overview of business alliance quantitative effects of shareholding and reason for increase in number of shares details of specified investment shares held for purposes other than pure investment reporting companyCurrentYearInstant_Row2MemberText · Plus
Whether issuer of aforementioned shares holds reporting companys shares details of specified investment shares held for purposes other than pure investment reporting companyCurrentYearInstant_Row2Member
Original text (Japanese)有
Footnotes specified investment shares held for purposes other than pure investment reporting company (text)CurrentYearInstant_Row1MemberText · Plus
Regulations in accordance with which financial statements have been prepared financial informationCurrentYearDurationText · Plus
Note on independent audit financial informationCurrentYearDurationText · Plus
Description of fact that consolidated financial statements have not been prepared financial informationCurrentYearDuration
Original text (Japanese)当社は、子会社がありませんので、連結財務諸表を作成しておりません。
Remarkable efforts to ensure fair presentation of consolidated financial statements etc financial informationCurrentYearDurationText · Plus
Balance sheet (text)CurrentYearDurationText · Plus
Statement of income (text)CurrentYearDurationText · Plus
Detailed schedule of cost of sales (text)CurrentYearDurationText · Plus
Statement of changes in equity (text)CurrentYearDurationText · Plus
Statement of cash flows (text)CurrentYearDurationText · Plus
Notes significant accounting policies financial statements (text)CurrentYearDurationText · Plus
Significant accounting estimates financial statements (text)CurrentYearDurationText · Plus
Notes new accounting standards not yet applied financial statements (text)CurrentYearDurationText · Plus
Notes additional information financial statements (text)CurrentYearDurationText · Plus
Notes regarding pledged assets (text)CurrentYearInstant_NonConsolidatedMemberText · Plus
Notes regarding transfer to property plant and equipment from real estate for sale or real estate for sale in process (text)CurrentYearInstant_NonConsolidatedMemberText · Plus
Notes regarding guarantee obligations (text)CurrentYearInstant_NonConsolidatedMemberText · Plus
Notes regarding amount of contract liabilities (text)CurrentYearInstant_NonConsolidatedMemberText · Plus
Notes regarding amount of revenue from contracts with customers (text)CurrentYearDuration_NonConsolidatedMemberText · Plus
Note regarding depreciation included in sample room expenses (text)CurrentYearDuration_NonConsolidatedMemberText · Plus
Notes regarding gain or loss on sales of non current assets (text)CurrentYearDuration_NonConsolidatedMemberText · Plus
Notes regarding loss on disposal of property plant and equipment (text)CurrentYearDuration_NonConsolidatedMemberText · Plus
Notes regarding write downs of inventories (text)CurrentYearDuration_NonConsolidatedMemberText · Plus
Notes regarding issued shares and treasury shares (text)Prior1YearDuration_NonConsolidatedMemberText · Plus
Notes regarding dividend (text)Prior1YearDuration_NonConsolidatedMemberText · Plus
Notes regarding issued shares and treasury shares (text)CurrentYearDuration_NonConsolidatedMemberText · Plus
Notes regarding dividend (text)CurrentYearDuration_NonConsolidatedMemberText · Plus
Reconciliation of ending balance of cash and cash equivalents with account balances per balance sheet (text)CurrentYearDuration_NonConsolidatedMemberText · Plus
Notes leases financial statements (text)CurrentYearDurationText · Plus
Notes financial instruments financial statements (text)CurrentYearDurationText · Plus
Notes securities financial statements (text)CurrentYearDurationText · Plus
Notes derivatives financial statements (text)CurrentYearDurationText · Plus
Notes retirement benefits financial statements (text)CurrentYearDurationText · Plus
Notes tax effect accounting financial statements (text)CurrentYearDurationText · Plus
Notes asset retirement obligations financial statements (text)CurrentYearDurationText · Plus
Notes real estate for lease etc financial statements (text)CurrentYearDurationText · Plus
Notes revenue recognition financial statements (text)CurrentYearDurationText · Plus
Notes segment information etc financial statements (text)CurrentYearDurationText · Plus
Description of reportable segments (text)CurrentYearDuration_NonConsolidatedMemberText · Plus
Explanation of measurements of sales profit loss asset liability and other items for each reportable segment (text)CurrentYearDuration_NonConsolidatedMemberText · Plus
Footnotes regarding segment information table (text)Prior1YearDuration_NonConsolidatedMemberText · Plus
Footnotes regarding segment information table (text)CurrentYearDuration_NonConsolidatedMemberText · Plus
Description of nature and amounts of differences between reportable segments total and financial statements (text)CurrentYearDuration_NonConsolidatedMemberText · Plus
Information for each product or service (text)Prior1YearDuration_NonConsolidatedMemberText · Plus
Revenues from external customers information for each region (text)Prior1YearDuration_NonConsolidatedMemberText · Plus
Property plant and equipment information for each region (text)Prior1YearDuration_NonConsolidatedMemberText · Plus
Information for each of main customers (text)Prior1YearDuration_NonConsolidatedMemberText · Plus
Information for each product or service (text)CurrentYearDuration_NonConsolidatedMemberText · 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 · 13 of 13 passed
balance sheet identitynon_consolidated 2025-02-28pass
balance sheet identitynon_consolidated 2026-02-28pass
dei present pass
period resolution pass
statement vs summary · net assetsnon_consolidated 2024-02-29pass
statement vs summary · net assetsnon_consolidated 2025-02-28pass
statement vs summary · net assetsnon_consolidated 2026-02-28pass
statement vs summary · operating cash flownon_consolidated 2024-03-01/2025-02-28pass
statement vs summary · operating cash flownon_consolidated 2025-03-01/2026-02-28pass
statement vs summary · revenuenon_consolidated 2024-03-01/2025-02-28pass
statement vs summary · revenuenon_consolidated 2025-03-01/2026-02-28pass
statement vs summary · total assetsnon_consolidated 2025-02-28pass
statement vs summary · total assetsnon_consolidated 2026-02-28pass