Annual report

Period2025-03-01 → 2026-02-28
Filed2026-05-28
StandardIFRS
ConsolidatedYes
Data checks21 of 21 passed
Key figures · 152
MetricValuePeriodScopeSource row
Revenue¥8.4bn2025-03-01 → 2026-02-28Cons.Revenue IFRS
Revenue¥7.7bn2024-03-01 → 2025-02-28Cons.Revenue IFRS
Revenue¥6.2bn2023-03-01 → 2024-02-29vCons.Revenue IFRS (5-year summary)
Revenue¥4.8bn2022-03-01 → 2023-02-28dCons.Revenue IFRS (5-year summary)
Revenue¥3.4bn2021-03-01 → 2022-02-28dCons.Revenue IFRS (5-year summary)
Operating income¥1.7bn2025-03-01 → 2026-02-28Cons.Operating profit loss IFRS
Operating income¥2.0bn2024-03-01 → 2025-02-28Cons.Operating profit loss IFRS
Profit before tax¥1.7bn2025-03-01 → 2026-02-28Cons.Profit loss before tax IFRS
Profit before tax¥1.9bn2024-03-01 → 2025-02-28Cons.Profit loss before tax IFRS
Profit before tax¥1.8bn2023-03-01 → 2024-02-29vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax¥1.3bn2022-03-01 → 2023-02-28dCons.Profit loss before tax IFRS (5-year summary)
Profit before tax¥826m2021-03-01 → 2022-02-28dCons.Profit loss before tax IFRS (5-year summary)
Net income (owners)¥1.2bn2025-03-01 → 2026-02-28Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥1.4bn2024-03-01 → 2025-02-28Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥1.3bn2023-03-01 → 2024-02-29vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥966m2022-03-01 → 2023-02-28dCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥683m2021-03-01 → 2022-02-28dCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income¥1.2bn2025-03-01 → 2026-02-28Cons.Profit loss IFRS
Net income¥1.4bn2024-03-01 → 2025-02-28Cons.Profit loss IFRS
Total assets¥9.5bnat 2026-02-28Cons.Assets IFRS
Total assets¥9.2bnat 2025-02-28Cons.Assets IFRS
Total assets¥8.5bnat 2024-02-29vCons.Total assets IFRS (5-year summary)
Total assets¥7.5bnat 2023-02-28dCons.Total assets IFRS (5-year summary)
Total assets¥7.0bnat 2022-02-28dCons.Total assets IFRS (5-year summary)
Total liabilities¥2.3bnat 2026-02-28Cons.Liabilities IFRS
Total liabilities¥2.9bnat 2025-02-28Cons.Liabilities IFRS
Net assets / equity¥7.2bnat 2026-02-28Cons.Equity IFRS
Net assets / equity¥6.3bnat 2025-02-28Cons.Equity IFRS
Net assets / equity¥5.2bnat 2024-02-29vCons.Equity IFRS
Equity (owners)¥7.2bnat 2026-02-28Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥6.3bnat 2025-02-28Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥5.2bnat 2024-02-29vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥3.7bnat 2023-02-28dCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥2.7bnat 2022-02-28dCons.Equity attributable to owners of parent IFRS (5-year summary)
Cash & equivalents¥2.7bnat 2026-02-28Cons.Cash and cash equivalents IFRS
Cash & equivalents¥2.5bnat 2025-02-28Cons.Cash and cash equivalents IFRS
Cash & equivalents¥1.9bnat 2024-02-29vCons.Cash and cash equivalents IFRS
Cash & equivalents¥1.2bnat 2023-02-28dCons.Cash and cash equivalents IFRS (5-year summary)
Cash & equivalents¥781mat 2022-02-28dCons.Cash and cash equivalents IFRS (5-year summary)
Operating cash flow¥1.4bn2025-03-01 → 2026-02-28Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥1.4bn2024-03-01 → 2025-02-28Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥1.2bn2023-03-01 → 2024-02-29vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥885m2022-03-01 → 2023-02-28dCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥916m2021-03-01 → 2022-02-28dCons.Cash flows from used in operating activities IFRS (5-year summary)
Investing cash flow−¥63m2025-03-01 → 2026-02-28Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥17m2024-03-01 → 2025-02-28Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥2m2023-03-01 → 2024-02-29vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥24m2022-03-01 → 2023-02-28dCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥58m2021-03-01 → 2022-02-28dCons.Cash flows from used in investing activities IFRS (5-year summary)
Financing cash flow−¥1.0bn2025-03-01 → 2026-02-28Cons.Net cash provided by used in financing activities IFRS
Financing cash flow−¥865m2024-03-01 → 2025-02-28Cons.Net cash provided by used in financing activities IFRS
Financing cash flow−¥484m2023-03-01 → 2024-02-29vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow−¥489m2022-03-01 → 2023-02-28dCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow−¥351m2021-03-01 → 2022-02-28dCons.Cash flows from used in financing activities IFRS (5-year summary)
EPS (basic)¥51.122025-03-01 → 2026-02-28Cons.Basic earnings loss per share IFRS
EPS (basic)¥58.652024-03-01 → 2025-02-28Cons.Basic earnings loss per share IFRS
EPS (basic)¥54.042023-03-01 → 2024-02-29vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥39.82022-03-01 → 2023-02-28dCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥28.122021-03-01 → 2022-02-28dCons.Basic earnings loss per share IFRS (5-year summary)
EPS (diluted)¥49.732025-03-01 → 2026-02-28Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥56.622024-03-01 → 2025-02-28Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥51.922023-03-01 → 2024-02-29vCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥39.392022-03-01 → 2023-02-28dCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥27.992021-03-01 → 2022-02-28dCons.Diluted earnings loss per share IFRS (5-year summary)
Net assets per share¥297.69at 2026-02-28Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥259.76at 2025-02-28Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥157.2at 2024-02-29vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥153.85at 2023-02-28dCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥113.18at 2022-02-28dCons.Equity to asset ratio IFRS (5-year summary)
Equity ratio75.8%at 2026-02-28Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio68.6%at 2025-02-28Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio60.5%at 2024-02-29vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio49.6%at 2023-02-28dCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio39.1%at 2022-02-28dCons.Ratio of owners equity to gross assets IFRS (5-year summary)
ROE18.4%2025-03-01 → 2026-02-28Cons.Rate of return on equity IFRS (5-year summary)
ROE24.7%2024-03-01 → 2025-02-28Cons.Rate of return on equity IFRS (5-year summary)
ROE29.6%2023-03-01 → 2024-02-29vCons.Rate of return on equity IFRS (5-year summary)
ROE29.8%2022-03-01 → 2023-02-28dCons.Rate of return on equity IFRS (5-year summary)
ROE28.6%2021-03-01 → 2022-02-28dCons.Rate of return on equity IFRS (5-year summary)
Employees397at 2026-02-28Cons.Number of employees
Employees330at 2025-02-28Cons.Number of employees
Employees264at 2024-02-29vCons.Number of employees
Employees223at 2023-02-28dCons.Number of employees
Employees180at 2022-02-28dCons.Number of employees
Revenue¥8.4bn2025-03-01 → 2026-02-28StandaloneNet sales
Revenue¥7.7bn2024-03-01 → 2025-02-28StandaloneNet sales
Revenue¥6.2bn2023-03-01 → 2024-02-29vStandaloneNet sales (5-year summary)
Revenue¥4.8bn2022-03-01 → 2023-02-28dStandaloneNet sales (5-year summary)
Revenue¥3.4bn2021-03-01 → 2022-02-28dStandaloneNet sales (5-year summary)
Operating income¥979m2025-03-01 → 2026-02-28StandaloneOperating income
Operating income¥1.2bn2024-03-01 → 2025-02-28StandaloneOperating income
Ordinary income¥976m2025-03-01 → 2026-02-28StandaloneOrdinary income
Ordinary income¥1.2bn2024-03-01 → 2025-02-28StandaloneOrdinary income
Ordinary income¥1.1bn2023-03-01 → 2024-02-29vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥616m2022-03-01 → 2023-02-28dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥195m2021-03-01 → 2022-02-28dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥976m2025-03-01 → 2026-02-28StandaloneIncome before income taxes
Profit before tax¥1.2bn2024-03-01 → 2025-02-28StandaloneIncome before income taxes
Net income¥529m2025-03-01 → 2026-02-28StandaloneProfit loss
Net income¥668m2024-03-01 → 2025-02-28StandaloneProfit loss
Net income¥626m2023-03-01 → 2024-02-29vStandaloneNet income loss (5-year summary)
Net income¥266m2022-03-01 → 2023-02-28dStandaloneNet income loss (5-year summary)
Net income¥21m2021-03-01 → 2022-02-28dStandaloneNet income loss (5-year summary)
Total assets¥5.5bnat 2026-02-28StandaloneAssets
Total assets¥5.9bnat 2025-02-28StandaloneAssets
Total assets¥6.0bnat 2024-02-29vStandaloneTotal assets (5-year summary)
Total assets¥5.7bnat 2023-02-28dStandaloneTotal assets (5-year summary)
Total assets¥5.9bnat 2022-02-28dStandaloneTotal assets (5-year summary)
Total liabilities¥1.9bnat 2026-02-28StandaloneLiabilities
Total liabilities¥2.5bnat 2025-02-28StandaloneLiabilities
Net assets / equity¥3.6bnat 2026-02-28StandaloneNet assets
Net assets / equity¥3.4bnat 2025-02-28StandaloneNet assets
Net assets / equity¥3.0bnat 2024-02-29vStandaloneNet assets
Net assets / equity¥2.3bnat 2023-02-28dStandaloneNet assets (5-year summary)
Net assets / equity¥2.0bnat 2022-02-28dStandaloneNet assets (5-year summary)
Cash and deposits¥2.7bnat 2026-02-28StandaloneCash and deposits
Cash and deposits¥2.4bnat 2025-02-28StandaloneCash and deposits
EPS (basic)¥21.692025-03-01 → 2026-02-28StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥27.62024-03-01 → 2025-02-28StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥25.712023-03-01 → 2024-02-29vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥10.942022-03-01 → 2023-02-28dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥0.862021-03-01 → 2022-02-28dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥21.12025-03-01 → 2026-02-28StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥26.652024-03-01 → 2025-02-28StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥24.72023-03-01 → 2024-02-29vStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥212025-03-01 → 2026-02-28StandaloneDividend paid per share (5-year summary)
Dividend per share¥92024-03-01 → 2025-02-28StandaloneDividend paid per share (5-year summary)
Net assets per share¥148.88at 2026-02-28StandaloneNet assets per share (5-year summary)
Net assets per share¥141.35at 2025-02-28StandaloneNet assets per share (5-year summary)
Net assets per share¥123.93at 2024-02-29vStandaloneNet assets per share (5-year summary)
Net assets per share¥94.62at 2023-02-28dStandaloneNet assets per share (5-year summary)
Net assets per share¥83.67at 2022-02-28dStandaloneNet assets per share (5-year summary)
Equity ratio65.1%at 2026-02-28StandaloneEquity to asset ratio (5-year summary)
Equity ratio58.4%at 2025-02-28StandaloneEquity to asset ratio (5-year summary)
Equity ratio50.7%at 2024-02-29vStandaloneEquity to asset ratio (5-year summary)
Equity ratio40.6%at 2023-02-28dStandaloneEquity to asset ratio (5-year summary)
Equity ratio34.7%at 2022-02-28dStandaloneEquity to asset ratio (5-year summary)
ROE15.0%2025-03-01 → 2026-02-28StandaloneRate of return on equity (5-year summary)
ROE20.7%2024-03-01 → 2025-02-28StandaloneRate of return on equity (5-year summary)
ROE23.5%2023-03-01 → 2024-02-29vStandaloneRate of return on equity (5-year summary)
ROE12.3%2022-03-01 → 2023-02-28dStandaloneRate of return on equity (5-year summary)
ROE1.0%2021-03-01 → 2022-02-28dStandaloneRate of return on equity (5-year summary)
Shares issued24,878,540at 2026-02-28StandaloneTotal number of issued shares (5-year summary)
Shares issued24,655,760at 2025-02-28StandaloneTotal number of issued shares (5-year summary)
Shares issued24,430,450at 2024-02-29vStandaloneTotal number of issued shares (5-year summary)
Shares issued2,426,711at 2023-02-28dStandaloneTotal number of issued shares (5-year summary)
Shares issued2,426,711at 2022-02-28dStandaloneTotal number of issued shares (5-year summary)
Employees397at 2026-02-28StandaloneNumber of employees
Employees330at 2025-02-28StandaloneNumber of employees
Employees264at 2024-02-29vStandaloneNumber of employees
Employees223at 2023-02-28dStandaloneNumber of employees
Employees180at 2022-02-28dStandaloneNumber 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.

All source rows · 1,365
ItemContextValueUnit
Independent auditors report consolidated (text)FilingDateInstantText · Plus
Audit firm1 consolidatedFilingDateInstant
Original text (Japanese)RSM清和監査法人
Cpa1 audit firm1 consolidatedFilingDateInstant
Original text (Japanese)中村 直樹
Cpa2 audit firm1 consolidatedFilingDateInstant
Original text (Japanese)津田 格朗
Key audit matters consolidated (text)FilingDateInstantText · Plus
Overview kam consolidated (text)FilingDateInstantText · Plus
Short description kam consolidatedFilingDateInstant_Row1Member
Original text (Japanese)資金生成単位である親会社に配分されたのれんの減損損失の認識の要否に関する判断の妥当性
Description including reason kam consolidated (text)FilingDateInstant_Row1MemberText · Plus
Auditors response kam consolidated (text)FilingDateInstant_Row1MemberText · Plus
Other information consolidated (text)FilingDateInstantText · Plus
Fee related information consolidated (text)FilingDateInstantText · Plus
Independent auditors report non consolidated (text)FilingDateInstantText · Plus
Audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)RSM清和監査法人
Cpa1 audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)中村 直樹
Cpa2 audit firm1 non consolidatedFilingDateInstant
Original text (Japanese)津田 格朗
Key audit matters non consolidated (text)FilingDateInstantText · Plus
Overview kam non consolidated (text)FilingDateInstantText · Plus
Short description kam non consolidatedFilingDateInstant_Row1Member
Original text (Japanese)のれんの減損の兆候に関する判断の妥当性
Description including reason kam non consolidated (text)FilingDateInstant_Row1MemberText · Plus
Auditors response kam non consolidated (text)FilingDateInstant_Row1MemberText · Plus
Other information non consolidated (text)FilingDateInstantText · Plus
Fee related information non consolidated (text)FilingDateInstantText · Plus
Number of submissionFilingDateInstant1
Revenue IFRS (5-year summary)Prior4YearDuration3431633000JPY
Revenue IFRS (5-year summary)Prior3YearDuration4761074000JPY
Revenue IFRS (5-year summary)Prior2YearDuration6155972000JPY
Revenue IFRS (5-year summary)Prior1YearDuration7679866000JPY
Revenue IFRS (5-year summary)CurrentYearDuration8421187000JPY
Profit loss before tax IFRS (5-year summary)Prior4YearDuration826477000JPY
Profit loss before tax IFRS (5-year summary)Prior3YearDuration1312488000JPY
Profit loss before tax IFRS (5-year summary)Prior2YearDuration1779791000JPY
Profit loss before tax IFRS (5-year summary)Prior1YearDuration1908614000JPY
Profit loss before tax IFRS (5-year summary)CurrentYearDuration1690554000JPY
Profit loss attributable to owners of parent IFRS (5-year summary)Prior4YearDuration682564000JPY
Profit loss attributable to owners of parent IFRS (5-year summary)Prior3YearDuration965843000JPY
Profit loss attributable to owners of parent IFRS (5-year summary)Prior2YearDuration1315359000JPY
Profit loss attributable to owners of parent IFRS (5-year summary)Prior1YearDuration1418334000JPY
Profit loss attributable to owners of parent IFRS (5-year summary)CurrentYearDuration1246084000JPY
Comprehensive income attributable to owners of parent IFRS (5-year summary)Prior4YearDuration682564000JPY
Comprehensive income attributable to owners of parent IFRS (5-year summary)Prior3YearDuration965843000JPY
Comprehensive income attributable to owners of parent IFRS (5-year summary)Prior2YearDuration1315359000JPY
Comprehensive income attributable to owners of parent IFRS (5-year summary)Prior1YearDuration1418334000JPY
Comprehensive income attributable to owners of parent IFRS (5-year summary)CurrentYearDuration1246084000JPY
Equity attributable to owners of parent IFRS (5-year summary)Prior4YearInstant2746630000JPY
Equity attributable to owners of parent IFRS (5-year summary)Prior3YearInstant3733723000JPY
Equity attributable to owners of parent IFRS (5-year summary)Prior2YearInstant5156069000JPY
Equity attributable to owners of parent IFRS (5-year summary)Prior1YearInstant6314680000JPY
Equity attributable to owners of parent IFRS (5-year summary)CurrentYearInstant7192253000JPY
Total assets IFRS (5-year summary)Prior4YearInstant7028006000JPY
Total assets IFRS (5-year summary)Prior3YearInstant7533319000JPY

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 · 21 of 21 passed
balance sheet identityconsolidated 2025-02-28pass
balance sheet identityconsolidated 2026-02-28pass rounding
balance sheet identitynon_consolidated 2025-02-28pass
balance sheet identitynon_consolidated 2026-02-28pass rounding
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 · net income attributable to parentconsolidated 2024-03-01/2025-02-28pass
statement vs summary · net income attributable to parentconsolidated 2025-03-01/2026-02-28pass
statement vs summary · operating cash flowconsolidated 2024-03-01/2025-02-28pass
statement vs summary · operating cash flowconsolidated 2025-03-01/2026-02-28pass
statement vs summary · revenueconsolidated 2024-03-01/2025-02-28pass
statement vs summary · revenueconsolidated 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 assetsconsolidated 2025-02-28pass
statement vs summary · total assetsconsolidated 2026-02-28pass
statement vs summary · total assetsnon_consolidated 2025-02-28pass
statement vs summary · total assetsnon_consolidated 2026-02-28pass