Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-24
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 137
MetricValuePeriodScopeSource row
Revenue¥4.9bn2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥4.3bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥3.8bn2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
Revenue¥3.1bn2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Operating income¥5m2025-04-01 → 2026-03-31Cons.Operating income
Operating income¥49m2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income−¥85m2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income¥46m2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥324m2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥213m2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax−¥85m2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax¥71m2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)−¥146m2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥25m2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥210m2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥144m2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income−¥146m2025-04-01 → 2026-03-31Cons.Profit loss
Net income−¥25m2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥11.4bnat 2026-03-31Cons.Assets
Total assets¥13.0bnat 2025-03-31Cons.Assets
Total assets¥9.4bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥7.3bnat 2023-03-31vCons.Total assets (5-year summary)
Total liabilities¥8.5bnat 2026-03-31Cons.Liabilities
Total liabilities¥10.0bnat 2025-03-31Cons.Liabilities
Net assets / equity¥3.0bnat 2026-03-31Cons.Net assets
Net assets / equity¥3.0bnat 2025-03-31Cons.Net assets
Net assets / equity¥3.0bnat 2024-03-31vCons.Net assets
Net assets / equity¥2.8bnat 2023-03-31vCons.Net assets (5-year summary)
Cash and deposits¥882mat 2026-03-31Cons.Cash and deposits
Cash and deposits¥3.2bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥882mat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥3.2bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥938mat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥680mat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥1.8bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥1.5bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥1.7bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥918m2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥2.0bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥3.0bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥3.1bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥2.6bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥2.1bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow¥3.7bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow¥1.6bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥1.6bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥-11.742025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-1.992024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥16.992023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥11.792022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥239.16at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥239.52at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥243.4at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥226.12at 2023-03-31vCons.Net assets per share (5-year summary)
Equity ratio26.0%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio23.0%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio32.3%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio38.3%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
ROE-4.9%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE-0.8%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE7.2%2023-04-01 → 2024-03-31vCons.Rate of return on equity (5-year summary)
ROE5.2%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
Employees231at 2026-03-31Cons.Number of employees
Employees166at 2025-03-31Cons.Number of employees
Employees146at 2024-03-31vCons.Number of employees
Employees138at 2023-03-31vCons.Number of employees
Revenue¥4.1bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥4.4bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥3.9bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥3.1bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥2.7bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income¥182m2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥365m2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥164m2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥373m2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥461m2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥226m2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥288m2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax−¥34m2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥186m2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income−¥91m2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥73m2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥334m2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥156m2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥205m2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥11.3bnat 2026-03-31StandaloneAssets
Total assets¥13.2bnat 2025-03-31StandaloneAssets
Total assets¥9.5bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥7.3bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥5.7bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥8.2bnat 2026-03-31StandaloneLiabilities
Total liabilities¥10.0bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥3.1bnat 2026-03-31StandaloneNet assets
Net assets / equity¥3.2bnat 2025-03-31StandaloneNet assets
Net assets / equity¥3.2bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥2.8bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥2.4bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥470mat 2026-03-31StandaloneCash and deposits
Cash and deposits¥3.0bnat 2025-03-31StandaloneCash and deposits
Cash & equivalents¥750mat 2022-03-31vStandaloneCash and cash equivalents (5-year summary)
Operating cash flow¥881m2021-04-01 → 2022-03-31vStandaloneNet cash provided by used in operating activities (5-year summary)
Investing cash flow−¥824m2021-04-01 → 2022-03-31vStandaloneNet cash provided by used in investing activities (5-year summary)
Financing cash flow¥206m2021-04-01 → 2022-03-31vStandaloneNet cash provided by used in financing activities (5-year summary)
EPS (basic)¥-7.292025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥5.842024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥26.992023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥12.752022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥18.772021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥22025-04-01 → 2026-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥22024-04-01 → 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¥112022-04-01 → 2023-03-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥249.72at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥259.01at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥255.18at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥228.09at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥220.17at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio27.6%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio24.4%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio33.3%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio38.5%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio42.4%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE-2.9%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE2.3%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE11.1%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE6.0%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE8.9%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued12,438,400at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued12,438,400at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued6,219,200at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued3,084,600at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued1,362,900at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees156at 2026-03-31StandaloneNumber of employees
Employees152at 2025-03-31StandaloneNumber of employees
Employees135at 2024-03-31vStandaloneNumber of employees
Employees132at 2023-03-31vStandaloneNumber of employees
Employees117at 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 · 30
SegmentItemPeriodValue
Reconciling Itemsreconcilingsegment profit2025-04-01 → 2026-03-31−¥636m
Overseas Rentals Except Scaffordreportable segmentemployeesat 2026-03-3162 pure
Overseas Rentals Except Scaffordreportable segmentrevenue2025-04-01 → 2026-03-31¥791m
Overseas Rentals Except Scaffordreportable segmentrevenue external2025-04-01 → 2026-03-31¥791m
Overseas Rentals Except Scaffordreportable segmentsegment profit2025-04-01 → 2026-03-31¥66m
Overseas Scaffold Rentalsreportable segmentemployeesat 2026-03-3113 pure
Overseas Scaffold Rentalsreportable segmentrevenue2025-04-01 → 2026-03-31¥31m
Overseas Scaffold Rentalsreportable segmentrevenue external2025-04-01 → 2026-03-31¥31m
Overseas Scaffold Rentalsreportable segmentsegment profit2025-04-01 → 2026-03-31−¥182m
Scaffold Rentalsreportable segmentemployeesat 2026-03-31156 pure
Scaffold Rentalsreportable segmentrevenue2025-04-01 → 2026-03-31¥4.1bn
Scaffold Rentalsreportable segmentrevenue external2025-04-01 → 2026-03-31¥4.1bn
Scaffold Rentalsreportable segmentsegment profit2025-04-01 → 2026-03-31¥758m
—segment totalrevenue2025-04-01 → 2026-03-31¥4.9bn
—segment totalrevenue external2025-04-01 → 2026-03-31¥4.9bn
—segment totalsegment profit2025-04-01 → 2026-03-31¥642m
Reconciling Itemsreconcilingrevenue2024-04-01 → 2025-03-31−¥169m
Reconciling Itemsreconcilingrevenue intersegment2024-04-01 → 2025-03-31−¥169m
Reconciling Itemsreconcilingsegment profit2024-04-01 → 2025-03-31−¥690m
Overseas Scaffold Rentalsreportable segmentrevenue2024-04-01 → 2025-03-31¥67m
Overseas Scaffold Rentalsreportable segmentrevenue external2024-04-01 → 2025-03-31¥67m
Overseas Scaffold Rentalsreportable segmentsegment profit2024-04-01 → 2025-03-31−¥132m
Scaffold Rentalsreportable segmentrevenue2024-04-01 → 2025-03-31¥4.4bn
Scaffold Rentalsreportable segmentrevenue external2024-04-01 → 2025-03-31¥4.2bn
Scaffold Rentalsreportable segmentrevenue intersegment2024-04-01 → 2025-03-31¥169m
Scaffold Rentalsreportable segmentsegment profit2024-04-01 → 2025-03-31¥870m
—segment totalrevenue2024-04-01 → 2025-03-31¥4.4bn
—segment totalrevenue external2024-04-01 → 2025-03-31¥4.3bn
—segment totalrevenue intersegment2024-04-01 → 2025-03-31¥169m
—segment totalsegment profit2024-04-01 → 2025-03-31¥738m

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

All source rows · 1,319
ItemContextValueUnit
Payout ratio (5-year summary)Prior1YearDuration_NonConsolidatedMember0.343
Payout ratio (5-year summary)CurrentYearDuration_NonConsolidatedMember-
Net cash provided by used in operating activities (5-year summary)Prior4YearDuration_NonConsolidatedMember880831000JPY
Net cash provided by used in operating activities (5-year summary)Prior3YearDuration_NonConsolidatedMember-JPY
Net cash provided by used in operating activities (5-year summary)Prior2YearDuration_NonConsolidatedMember-JPY
Net cash provided by used in operating activities (5-year summary)Prior1YearDuration_NonConsolidatedMember-JPY
Net cash provided by used in operating activities (5-year summary)CurrentYearDuration_NonConsolidatedMember-JPY
Net cash provided by used in investing activities (5-year summary)Prior4YearDuration_NonConsolidatedMember-824108000JPY
Net cash provided by used in investing activities (5-year summary)Prior3YearDuration_NonConsolidatedMember-JPY
Net cash provided by used in investing activities (5-year summary)Prior2YearDuration_NonConsolidatedMember-JPY
Net cash provided by used in investing activities (5-year summary)Prior1YearDuration_NonConsolidatedMember-JPY
Net cash provided by used in investing activities (5-year summary)CurrentYearDuration_NonConsolidatedMember-JPY
Net cash provided by used in financing activities (5-year summary)Prior4YearDuration_NonConsolidatedMember205534000JPY
Net cash provided by used in financing activities (5-year summary)Prior3YearDuration_NonConsolidatedMember-JPY
Net cash provided by used in financing activities (5-year summary)Prior2YearDuration_NonConsolidatedMember-JPY
Net cash provided by used in financing activities (5-year summary)Prior1YearDuration_NonConsolidatedMember-JPY
Net cash provided by used in financing activities (5-year summary)CurrentYearDuration_NonConsolidatedMember-JPY
Cash and cash equivalents (5-year summary)Prior4YearInstant_NonConsolidatedMember750350000JPY
Cash and cash equivalents (5-year summary)Prior3YearInstant_NonConsolidatedMember-JPY
Cash and cash equivalents (5-year summary)Prior2YearInstant_NonConsolidatedMember-JPY
Cash and cash equivalents (5-year summary)Prior1YearInstant_NonConsolidatedMember-JPY
Cash and cash equivalents (5-year summary)CurrentYearInstant_NonConsolidatedMember-JPY
Number of employeesPrior4YearInstant_NonConsolidatedMember117
Number of employeesPrior3YearInstant_NonConsolidatedMember132
Number of employeesPrior2YearInstant_NonConsolidatedMember135
Number of employeesPrior1YearInstant_NonConsolidatedMember152
Number of employeesCurrentYearInstant_NonConsolidatedMember156
Average number of temporary workersPrior4YearInstant_NonConsolidatedMember3
Average number of temporary workersPrior3YearInstant_NonConsolidatedMember3
Average number of temporary workersPrior2YearInstant_NonConsolidatedMember3
Average number of temporary workersPrior1YearInstant_NonConsolidatedMember-
Average number of temporary workersCurrentYearInstant_NonConsolidatedMember1
Total shareholder returnPrior4YearInstant_NonConsolidatedMember-
Total shareholder returnPrior3YearInstant_NonConsolidatedMember-
Total shareholder returnPrior2YearInstant_NonConsolidatedMember1.264
Total shareholder returnPrior1YearInstant_NonConsolidatedMember1.209
Total shareholder returnCurrentYearInstant_NonConsolidatedMember1.052
Total return on share price indexPrior4YearInstant_NonConsolidatedMember-
Total return on share price indexPrior3YearInstant_NonConsolidatedMember-
Total return on share price indexPrior2YearInstant_NonConsolidatedMember1.413
Total return on share price indexPrior1YearInstant_NonConsolidatedMember1.392
Total return on share price indexCurrentYearInstant_NonConsolidatedMember1.874
Capital expenditures overview of capital expenditures etcCurrentYearDuration495000000JPY
Number of issued shares as of fiscal year end issued shares total number of shares etcFilingDateInstant_OrdinaryShareMember12438400
Number of issued shares as of filing date issued shares total number of shares etcFilingDateInstant_OrdinaryShareMember12438400
Number of issued shares as of fiscal year end issued shares total number of shares etcFilingDateInstant12438400
Number of issued shares as of filing date issued shares total number of shares etcFilingDateInstant12438400
Number of shares constituting one unitCurrentYearInstant_OrdinaryShareMember100
Number of shareholders national and local governmentsCurrentYearInstant_OrdinaryShareMember-
Number of shareholders financial institutionsCurrentYearInstant_OrdinaryShareMember1

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
balance sheet identityconsolidated 2026-03-31pass
balance sheet identitynon_consolidated 2025-03-31pass rounding
balance sheet identitynon_consolidated 2026-03-31pass rounding
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