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
Dividends ss IFRSCurrentYearDuration_ShareCapitalIFRSMember-JPY
Dividends ss IFRSCurrentYearDuration_CapitalSurplusIFRSMember-JPY
Dividends ss IFRSCurrentYearDuration_RetainedEarningsIFRSMember-218786000JPY
Dividends ss IFRSCurrentYearDuration_TreasurySharesIFRSMember-JPY
Dividends ss IFRSCurrentYearDuration_EquityAttributableToOwnersOfParentIFRSMember-218786000JPY
Dividends ss IFRSCurrentYearDuration-218786000JPY
Exercise of share acquisition rights ss IFRSCurrentYearDuration_ShareCapitalIFRSMember11139000JPY
Exercise of share acquisition rights ss IFRSCurrentYearDuration_CapitalSurplusIFRSMember11139000JPY
Exercise of share acquisition rights ss IFRSCurrentYearDuration_RetainedEarningsIFRSMember-JPY
Exercise of share acquisition rights ss IFRSCurrentYearDuration_TreasurySharesIFRSMember-JPY
Exercise of share acquisition rights ss IFRSCurrentYearDuration_EquityAttributableToOwnersOfParentIFRSMember22278000JPY
Exercise of share acquisition rights ss IFRSCurrentYearDuration22278000JPY
Total transactions with owners IFRSCurrentYearDuration_ShareCapitalIFRSMember11139000JPY
Total transactions with owners IFRSCurrentYearDuration_CapitalSurplusIFRSMember30595000JPY
Total transactions with owners IFRSCurrentYearDuration_RetainedEarningsIFRSMember-218786000JPY
Total transactions with owners IFRSCurrentYearDuration_TreasurySharesIFRSMember-191459000JPY
Total transactions with owners IFRSCurrentYearDuration_EquityAttributableToOwnersOfParentIFRSMember-368510000JPY
Total transactions with owners IFRSCurrentYearDuration-368510000JPY
Equity IFRSCurrentYearInstant_ShareCapitalIFRSMember185385000JPY
Equity IFRSCurrentYearInstant_CapitalSurplusIFRSMember2230702000JPY
Equity IFRSCurrentYearInstant_RetainedEarningsIFRSMember5244936000JPY
Equity IFRSCurrentYearInstant_TreasurySharesIFRSMember-468770000JPY
Equity IFRSCurrentYearInstant_EquityAttributableToOwnersOfParentIFRSMember7192253000JPY
Equity IFRSCurrentYearInstant7192253000JPY
Profit loss before tax IFRSPrior1YearDuration1908614000JPY
Profit loss before tax IFRSCurrentYearDuration1690554000JPY
Depreciation and amortization ope cf IFRSPrior1YearDuration64314000JPY
Depreciation and amortization ope cf IFRSCurrentYearDuration57309000JPY
Finance income ope cf IFRSPrior1YearDuration-899000JPY
Finance income ope cf IFRSCurrentYearDuration-4817000JPY
Finance costs ope cf IFRSPrior1YearDuration50746000JPY
Finance costs ope cf IFRSCurrentYearDuration17463000JPY
Decrease increase in trade and other receivables ope cf IFRSPrior1YearDuration-125907000JPY
Decrease increase in trade and other receivables ope cf IFRSCurrentYearDuration98886000JPY
Decrease increase in inventories ope cf IFRSPrior1YearDuration-9198000JPY
Decrease increase in inventories ope cf IFRSCurrentYearDuration5542000JPY
Increase decrease in trade and other payables ope cf IFRSPrior1YearDuration47333000JPY
Increase decrease in trade and other payables ope cf IFRSCurrentYearDuration32711000JPY
Other changes in working capital ope cf IFRSPrior1YearDuration94009000JPY
Other changes in working capital ope cf IFRSCurrentYearDuration-9016000JPY
Subtotal ope cf IFRSPrior1YearDuration2029010000JPY
Subtotal ope cf IFRSCurrentYearDuration1888632000JPY
Interest and dividends received ope cf IFRSPrior1YearDuration899000JPY
Interest and dividends received ope cf IFRSCurrentYearDuration4817000JPY
Interest paid ope cf IFRSPrior1YearDuration-27321000JPY
Interest paid ope cf IFRSCurrentYearDuration-16829000JPY
Income taxes paid ope cf IFRSPrior1YearDuration-554646000JPY
Income taxes paid ope cf IFRSCurrentYearDuration-518682000JPY
Net cash provided by used in operating activities IFRSPrior1YearDuration1447943000JPY
Net cash provided by used in operating activities IFRSCurrentYearDuration1357937000JPY

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