Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-22
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 148
MetricValuePeriodScopeSource row
Revenue¥30.2bn2025-04-01 → 2026-03-31Cons.Operating revenue1
Revenue¥29.2bn2024-04-01 → 2025-03-31Cons.Operating revenue1
Revenue¥27.9bn2023-04-01 → 2024-03-31vCons.Operating revenue1 (5-year summary)
Revenue¥28.2bn2022-04-01 → 2023-03-31vCons.Operating revenue1 (5-year summary)
Revenue¥28.4bn2021-04-01 → 2022-03-31vCons.Operating revenue1 (5-year summary)
Operating income¥1.4bn2025-04-01 → 2026-03-31Cons.Operating income
Operating income¥1.2bn2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income¥1.9bn2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income¥1.9bn2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥1.8bn2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥1.9bn2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥2.1bn2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥2.2bn2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax¥2.0bn2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)¥1.7bn2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥1.5bn2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥1.4bn2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥1.4bn2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥1.4bn2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥1.7bn2025-04-01 → 2026-03-31Cons.Profit loss
Net income¥1.5bn2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥50.3bnat 2026-03-31Cons.Assets
Total assets¥48.6bnat 2025-03-31Cons.Assets
Total assets¥47.5bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥45.8bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥43.2bnat 2022-03-31vCons.Total assets (5-year summary)
Total liabilities¥21.2bnat 2026-03-31Cons.Liabilities
Total liabilities¥21.9bnat 2025-03-31Cons.Liabilities
Net assets / equity¥29.1bnat 2026-03-31Cons.Net assets
Net assets / equity¥26.6bnat 2025-03-31Cons.Net assets
Net assets / equity¥25.2bnat 2024-03-31vCons.Net assets
Net assets / equity¥23.2bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥22.2bnat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥6.1bnat 2026-03-31Cons.Cash and deposits
Cash and deposits¥6.3bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥6.1bnat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥6.3bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥6.6bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥8.3bnat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥7.7bnat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥2.2bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥3.2bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥1.8bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥2.7bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥2.8bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥1.6bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥2.0bn2024-04-01 → 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−¥3.4bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥817m2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥936m2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥1.4bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥509m2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥1.4bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥783m2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥220.882025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥197.662024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥181.382023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥178.512022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥188.952021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥3,872.59at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥3,516.71at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥3,332.26at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥3,078.59at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥2,898.66at 2022-03-31vCons.Net assets per share (5-year summary)
Equity ratio57.8%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio54.8%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio53.0%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio50.7%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio51.3%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
ROE6.0%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE5.8%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE5.7%2023-04-01 → 2024-03-31vCons.Rate of return on equity (5-year summary)
ROE5.9%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
ROE6.7%2021-04-01 → 2022-03-31vCons.Rate of return on equity (5-year summary)
Employees721at 2026-03-31Cons.Number of employees
Employees724at 2025-03-31Cons.Number of employees
Employees729at 2024-03-31vCons.Number of employees
Employees733at 2023-03-31vCons.Number of employees
Employees748at 2022-03-31vCons.Number of employees
Revenue¥22.1bn2025-04-01 → 2026-03-31StandaloneOperating revenue1
Revenue¥21.3bn2024-04-01 → 2025-03-31StandaloneOperating revenue1
Revenue¥20.0bn2023-04-01 → 2024-03-31vStandaloneOperating revenue1 (5-year summary)
Revenue¥20.7bn2022-04-01 → 2023-03-31vStandaloneOperating revenue1 (5-year summary)
Revenue¥20.9bn2021-04-01 → 2022-03-31vStandaloneOperating revenue1 (5-year summary)
Operating income¥1.0bn2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥869m2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥1.6bn2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥1.3bn2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥1.4bn2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.5bn2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.8bn2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥1.9bn2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥1.5bn2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥1.5bn2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥1.1bn2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥1.2bn2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥1.1bn2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥1.3bn2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥45.2bnat 2026-03-31StandaloneAssets
Total assets¥43.3bnat 2025-03-31StandaloneAssets
Total assets¥42.6bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥41.2bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥38.6bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥21.0bnat 2026-03-31StandaloneLiabilities
Total liabilities¥21.2bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥24.2bnat 2026-03-31StandaloneNet assets
Net assets / equity¥22.1bnat 2025-03-31StandaloneNet assets
Net assets / equity¥21.2bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥19.6bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥18.9bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥5.1bnat 2026-03-31StandaloneCash and deposits
Cash and deposits¥5.4bnat 2025-03-31StandaloneCash and deposits
EPS (basic)¥196.652025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥147.142024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥153.892023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥151.332022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥168.032021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥702025-04-01 → 2026-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥602024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥332023-04-01 → 2024-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥102022-04-01 → 2023-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥9.52021-04-01 → 2022-03-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥3,198.38at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥2,909.22at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥2,786.39at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥2,591.68at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥2,453.84at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio53.5%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio51.1%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio49.7%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio47.7%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio48.8%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE6.4%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE5.2%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE5.7%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)
ROE7.0%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued7,864,000at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued7,864,000at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued7,864,000at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued39,324,000at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued39,324,000at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees285at 2026-03-31StandaloneNumber of employees
Employees286at 2025-03-31StandaloneNumber of employees
Employees291at 2024-03-31vStandaloneNumber of employees
Employees297at 2023-03-31vStandaloneNumber of employees
Employees302at 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 · 28
SegmentItemPeriodValue
Logistics Businessreportable segmentcapex2025-04-01 → 2026-03-31¥1.9bn
Logistics Businessreportable segmentdepreciation2025-04-01 → 2026-03-31¥1.4bn
Logistics Businessreportable segmentrevenue2025-04-01 → 2026-03-31¥29.5bn
Logistics Businessreportable segmentrevenue external2025-04-01 → 2026-03-31¥29.5bn
Logistics Businessreportable segmentsegment assetsat 2026-03-31¥29.9bn
Logistics Businessreportable segmentsegment ordinary income2025-04-01 → 2026-03-31¥1.8bn
—segment totalemployeesat 2026-03-31674 pure
Total Of Reportable Segments And Otherssegment totalcapex2025-04-01 → 2026-03-31¥1.9bn
Total Of Reportable Segments And Otherssegment totaldepreciation2025-04-01 → 2026-03-31¥1.5bn
Total Of Reportable Segments And Otherssegment totalrevenue2025-04-01 → 2026-03-31¥30.2bn
Total Of Reportable Segments And Otherssegment totalrevenue external2025-04-01 → 2026-03-31¥30.2bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2025-04-01 → 2026-03-31¥1m
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2026-03-31¥31.8bn
Total Of Reportable Segments And Otherssegment totalsegment ordinary income2025-04-01 → 2026-03-31¥2.1bn
Logistics Businessreportable segmentcapex2024-04-01 → 2025-03-31¥2.3bn
Logistics Businessreportable segmentdepreciation2024-04-01 → 2025-03-31¥1.3bn
Logistics Businessreportable segmentrevenue2024-04-01 → 2025-03-31¥28.5bn
Logistics Businessreportable segmentrevenue external2024-04-01 → 2025-03-31¥28.5bn
Logistics Businessreportable segmentsegment assetsat 2025-03-31¥29.7bn
Logistics Businessreportable segmentsegment ordinary income2024-04-01 → 2025-03-31¥1.6bn
Total Of Reportable Segments And Otherssegment totalcapex2024-04-01 → 2025-03-31¥2.3bn
Total Of Reportable Segments And Otherssegment totaldepreciation2024-04-01 → 2025-03-31¥1.4bn
Total Of Reportable Segments And Otherssegment totalrevenue2024-04-01 → 2025-03-31¥29.2bn
Total Of Reportable Segments And Otherssegment totalrevenue external2024-04-01 → 2025-03-31¥29.2bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2024-04-01 → 2025-03-31¥4m
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2025-03-31¥31.7bn
Total Of Reportable Segments And Otherssegment totalsegment ordinary income2024-04-01 → 2025-03-31¥1.9bn
—segment totalemployeesat 2026-03-31254 pure

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

All source rows · 1,701
ItemContextValueUnit
Net cash provided by used in financing activities (5-year summary)CurrentYearDuration-936108000JPY
Cash and cash equivalents (5-year summary)Prior4YearInstant7668817000JPY
Cash and cash equivalents (5-year summary)Prior3YearInstant8328863000JPY
Cash and cash equivalents (5-year summary)Prior2YearInstant6556974000JPY
Cash and cash equivalents (5-year summary)Prior1YearInstant6346666000JPY
Cash and cash equivalents (5-year summary)CurrentYearInstant6070796000JPY
Number of employeesPrior4YearInstant748
Number of employeesPrior3YearInstant733
Number of employeesPrior2YearInstant729
Number of employeesPrior1YearInstant724
Number of employeesCurrentYearInstant721
Average number of temporary workersPrior4YearInstant681
Average number of temporary workersPrior3YearInstant628
Average number of temporary workersPrior2YearInstant600
Average number of temporary workersPrior1YearInstant620
Average number of temporary workersCurrentYearInstant614
Operating revenue1 (5-year summary)Prior4YearDuration_NonConsolidatedMember20863798000JPY
Operating revenue1 (5-year summary)Prior3YearDuration_NonConsolidatedMember20652054000JPY
Operating revenue1 (5-year summary)Prior2YearDuration_NonConsolidatedMember19996133000JPY
Operating revenue1 (5-year summary)Prior1YearDuration_NonConsolidatedMember21329421000JPY
Operating revenue1 (5-year summary)CurrentYearDuration_NonConsolidatedMember22051181000JPY
Ordinary income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember1790889000JPY
Ordinary income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember1535176000JPY
Ordinary income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember1428820000JPY
Ordinary income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember1332842000JPY
Ordinary income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember1634982000JPY
Net income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember1288798000JPY
Net income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember1149953000JPY
Net income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember1167293000JPY
Net income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember1117991000JPY
Net income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember1486287000JPY
Capital stock (5-year summary)Prior4YearInstant_NonConsolidatedMember3412524000JPY
Capital stock (5-year summary)Prior3YearInstant_NonConsolidatedMember3412524000JPY
Capital stock (5-year summary)Prior2YearInstant_NonConsolidatedMember3412524000JPY
Capital stock (5-year summary)Prior1YearInstant_NonConsolidatedMember3412524000JPY
Capital stock (5-year summary)CurrentYearInstant_NonConsolidatedMember3412524000JPY
Total number of issued shares (5-year summary)Prior4YearInstant_NonConsolidatedMember39324000
Total number of issued shares (5-year summary)Prior3YearInstant_NonConsolidatedMember39324000
Total number of issued shares (5-year summary)Prior2YearInstant_NonConsolidatedMember7864000
Total number of issued shares (5-year summary)Prior1YearInstant_NonConsolidatedMember7864000
Total number of issued shares (5-year summary)CurrentYearInstant_NonConsolidatedMember7864000
Net assets (5-year summary)Prior4YearInstant_NonConsolidatedMember18851112000JPY
Net assets (5-year summary)Prior3YearInstant_NonConsolidatedMember19648604000JPY
Net assets (5-year summary)Prior2YearInstant_NonConsolidatedMember21161189000JPY
Net assets (5-year summary)Prior1YearInstant_NonConsolidatedMember22138392000JPY
Net assets (5-year summary)CurrentYearInstant_NonConsolidatedMember24152085000JPY
Total assets (5-year summary)Prior4YearInstant_NonConsolidatedMember38642534000JPY
Total assets (5-year summary)Prior3YearInstant_NonConsolidatedMember41162713000JPY
Total assets (5-year summary)Prior2YearInstant_NonConsolidatedMember42580638000JPY
Total assets (5-year summary)Prior1YearInstant_NonConsolidatedMember43309504000JPY

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