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
Total current liabilities IFRSPrior1YearInstant1531757000JPY
Total current liabilities IFRSCurrentYearInstant1525309000JPY
Borrowings ncl IFRSPrior1YearInstant1063790000JPY
Borrowings ncl IFRSCurrentYearInstant531790000JPY
Lease liabilities ncl IFRSPrior1YearInstant267497000JPY
Lease liabilities ncl IFRSCurrentYearInstant222712000JPY
Provisions ncl IFRSPrior1YearInstant23000000JPY
Provisions ncl IFRSCurrentYearInstant23000000JPY
Non current labilities IFRSPrior1YearInstant1354287000JPY
Non current labilities IFRSCurrentYearInstant777502000JPY
Liabilities IFRSPrior1YearInstant2886045000JPY
Liabilities IFRSCurrentYearInstant2302811000JPY
Share capital IFRSPrior1YearInstant174246000JPY
Share capital IFRSCurrentYearInstant185385000JPY
Capital surplus IFRSPrior1YearInstant2200107000JPY
Capital surplus IFRSCurrentYearInstant2230702000JPY
Retained earnings IFRSPrior1YearInstant4217639000JPY
Retained earnings IFRSCurrentYearInstant5244936000JPY
Treasury shares IFRSPrior1YearInstant-277312000JPY
Treasury shares IFRSCurrentYearInstant-468770000JPY
Equity attributable to owners of parent IFRSPrior1YearInstant6314680000JPY
Equity attributable to owners of parent IFRSCurrentYearInstant7192253000JPY
Equity IFRSPrior1YearInstant6314680000JPY
Equity IFRSCurrentYearInstant7192253000JPY
Liabilities and equity IFRSPrior1YearInstant9200725000JPY
Liabilities and equity IFRSCurrentYearInstant9495065000JPY
Revenue IFRSPrior1YearDuration7679866000JPY
Revenue IFRSCurrentYearDuration8421187000JPY
Cost of sales IFRSPrior1YearDuration3452278000JPY
Cost of sales IFRSCurrentYearDuration3813471000JPY
Gross profit IFRSPrior1YearDuration4227588000JPY
Gross profit IFRSCurrentYearDuration4607716000JPY
Selling general and administrative expenses IFRSPrior1YearDuration2278151000JPY
Selling general and administrative expenses IFRSCurrentYearDuration2908252000JPY
Other income IFRSPrior1YearDuration9023000JPY
Other income IFRSCurrentYearDuration7910000JPY
Other expenses IFRSPrior1YearDuration-JPY
Other expenses IFRSCurrentYearDuration4174000JPY
Operating profit loss IFRSPrior1YearDuration1958460000JPY
Operating profit loss IFRSCurrentYearDuration1703200000JPY
Finance income IFRSPrior1YearDuration899000JPY
Finance income IFRSCurrentYearDuration4817000JPY
Finance costs IFRSPrior1YearDuration50746000JPY
Finance costs IFRSCurrentYearDuration17463000JPY
Profit loss before tax IFRSPrior1YearDuration1908614000JPY
Profit loss before tax IFRSCurrentYearDuration1690554000JPY
Income tax expense IFRSPrior1YearDuration490280000JPY
Income tax expense IFRSCurrentYearDuration444470000JPY
Profit loss IFRSPrior1YearDuration1418334000JPY
Profit loss IFRSCurrentYearDuration1246084000JPY

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