Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-18
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 149
MetricValuePeriodScopeSource row
Revenue¥11.6bn2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥9.2bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥7.4bn2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
Revenue¥6.1bn2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Revenue¥4.6bn2021-04-01 → 2022-03-31vCons.Net sales (5-year summary)
Operating income¥1.1bn2025-04-01 → 2026-03-31Cons.Operating income
Operating income¥962m2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income¥1.1bn2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income¥1.0bn2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥1.2bn2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥780m2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥299m2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥862m2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax¥965m2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)¥764m2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥849m2024-04-01 → 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)¥691m2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥294m2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥653m2025-04-01 → 2026-03-31Cons.Profit loss
Net income¥807m2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥12.0bnat 2026-03-31Cons.Assets
Total assets¥7.3bnat 2025-03-31Cons.Assets
Total assets¥4.4bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥3.0bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥1.9bnat 2022-03-31vCons.Total assets (5-year summary)
Total liabilities¥7.4bnat 2026-03-31Cons.Liabilities
Total liabilities¥3.5bnat 2025-03-31Cons.Liabilities
Net assets / equity¥4.6bnat 2026-03-31Cons.Net assets
Net assets / equity¥3.9bnat 2025-03-31Cons.Net assets
Net assets / equity¥3.0bnat 2024-03-31vCons.Net assets
Net assets / equity¥1.5bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥785mat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥7.1bnat 2026-03-31Cons.Cash and deposits
Cash and deposits¥4.3bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥7.1bnat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥4.3bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥2.5bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥1.6bnat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥929mat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥1.3bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥930m2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥1.1bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥851m2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥22m2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥2.2bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.1bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥213m2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥201m2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥272m2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥3.6bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow¥2.0bn2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow¥75m2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥1m2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥150m2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥4.582025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥5.122024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥8.272023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥4.192022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥1.792021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥8.272023-04-01 → 2024-03-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥4.152022-04-01 → 2023-03-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥1.772021-04-01 → 2022-03-31vCons.Diluted earnings per share (5-year summary)
Net assets per share¥27.01at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥22.31at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥16.78at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥8.5at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥3.97at 2022-03-31vCons.Net assets per share (5-year summary)
Equity ratio37.6%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio50.4%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio62.8%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio46.1%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio33.6%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
ROE18.6%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE26.3%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE65.5%2023-04-01 → 2024-03-31vCons.Rate of return on equity (5-year summary)
ROE67.2%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
ROE64.2%2021-04-01 → 2022-03-31vCons.Rate of return on equity (5-year summary)
Employees156at 2026-03-31Cons.Number of employees
Employees143at 2025-03-31Cons.Number of employees
Employees131at 2024-03-31vCons.Number of employees
Employees124at 2023-03-31vCons.Number of employees
Employees118at 2022-03-31vCons.Number of employees
Revenue¥11.5bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥9.1bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥7.2bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥5.8bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥4.5bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income¥1.3bn2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥1.1bn2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥1.3bn2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥1.1bn2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income¥1.3bn2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥835m2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥346m2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥602m2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥1.1bn2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥394m2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥903m2024-04-01 → 2025-03-31StandaloneProfit loss
Net income¥1.4bn2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥717m2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥316m2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥11.9bnat 2026-03-31StandaloneAssets
Total assets¥7.4bnat 2025-03-31StandaloneAssets
Total assets¥4.4bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥3.2bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥2.1bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥7.5bnat 2026-03-31StandaloneLiabilities
Total liabilities¥3.5bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥4.4bnat 2026-03-31StandaloneNet assets
Net assets / equity¥3.9bnat 2025-03-31StandaloneNet assets
Net assets / equity¥2.9bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥1.5bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥645mat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥6.7bnat 2026-03-31StandaloneCash and deposits
Cash and deposits¥3.9bnat 2025-03-31StandaloneCash and deposits
EPS (basic)¥2.362025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥5.452024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥8.472023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥4.352022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥1.922021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥8.472023-04-01 → 2024-03-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥4.312022-04-01 → 2023-03-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥1.92021-04-01 → 2022-03-31vStandaloneDiluted earnings per share (5-year summary)
Net assets per share¥25.76at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥22.88at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥16.87at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥8.28at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥3.51at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio36.1%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio51.0%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio63.5%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio42.7%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio27.3%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE9.7%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE27.4%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE67.4%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE73.8%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE75.5%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued166,838,739at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued165,923,739at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued165,009,239at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued165,009,239at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued164,258,239at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees135at 2026-03-31StandaloneNumber of employees
Employees125at 2025-03-31StandaloneNumber of employees
Employees112at 2024-03-31vStandaloneNumber of employees
Employees108at 2023-03-31vStandaloneNumber of employees
Employees102at 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.

All source rows · 1,250
ItemContextValueUnit
Other information on share acquisition rights (text)FilingDateInstantText · Plus
Exercises etc of moving strike convertible bonds etc (text)FilingDateInstantText · Plus
Changes in number of issued shares stated capital etc (text)FilingDateInstantText · Plus
Shareholding by shareholder category (text)FilingDateInstantText · Plus
Major shareholders (text)FilingDateInstantText · Plus
Name major shareholdersCurrentYearInstant_No1MajorShareholdersMember
Original text (Japanese)日本マスタートラスト信託銀行株式会社(信託口)(注2、3)
Address major shareholdersCurrentYearInstant_No1MajorShareholdersMember
Original text (Japanese)東京都港区赤坂一丁目8番1号 赤坂インターシティAIR
Name major shareholdersCurrentYearInstant_No2MajorShareholdersMember
Original text (Japanese)NATIONAL FINANCIAL SERVICES LLC(注4)(常任代理人 シティバンク、エヌ・エイ東京支店)
Address major shareholdersCurrentYearInstant_No2MajorShareholdersMemberText · Plus
Name major shareholdersCurrentYearInstant_No3MajorShareholdersMember
Original text (Japanese)MLPFS CUSTODY ACCOUNT(注5)(常任代理人 BOFA証券株式会社)
Address major shareholdersCurrentYearInstant_No3MajorShareholdersMemberText · Plus
Name major shareholdersCurrentYearInstant_No4MajorShareholdersMember
Original text (Japanese)株式会社日本カストディ銀行(信託口)(注2)
Address major shareholdersCurrentYearInstant_No4MajorShareholdersMember
Original text (Japanese)東京都中央区晴海一丁目8番12号
Name major shareholdersCurrentYearInstant_No5MajorShareholdersMember
Original text (Japanese)JP JPMSE LUX RE SOCIETE GENERALE EQ CO(常任代理人 株式会社三菱UFJ銀行)
Address major shareholdersCurrentYearInstant_No5MajorShareholdersMemberText · Plus
Name major shareholdersCurrentYearInstant_No6MajorShareholdersMember
Original text (Japanese)株式会社SBI証券
Address major shareholdersCurrentYearInstant_No6MajorShareholdersMember
Original text (Japanese)東京都港区六本木一丁目6番1号
Name major shareholdersCurrentYearInstant_No7MajorShareholdersMember
Original text (Japanese)上田八木短資株式会社
Address major shareholdersCurrentYearInstant_No7MajorShareholdersMember
Original text (Japanese)大阪府大阪市中央区高麗橋二丁目4番2号
Name major shareholdersCurrentYearInstant_No8MajorShareholdersMember
Original text (Japanese)松井証券株式会社
Address major shareholdersCurrentYearInstant_No8MajorShareholdersMember
Original text (Japanese)東京都千代田区麹町一丁目4番地
Name major shareholdersCurrentYearInstant_No9MajorShareholdersMember
Original text (Japanese)和田 佳一郎
Address major shareholdersCurrentYearInstant_No9MajorShareholdersMember
Original text (Japanese)兵庫県西宮市
Name major shareholdersCurrentYearInstant_No10MajorShareholdersMember
Original text (Japanese)安原 幹雄
Address major shareholdersCurrentYearInstant_No10MajorShareholdersMember
Original text (Japanese)兵庫県宝塚市
Issued shares voting rights (text)FilingDateInstantText · Plus
Description issued shares voting rightsCurrentYearInstant_SharesWithNoVotingRightsMember-
Description issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsTreasurySharesEtcMember-
Description issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember-
Description issued shares voting rightsCurrentYearInstant_SharesWithFullVotingRightsTreasurySharesEtcMember
Original text (Japanese)権利内容に何ら限定のない、当社における標準となる株式
Description issued shares voting rightsCurrentYearInstant_SharesWithFullVotingRightsOtherMember
Original text (Japanese)同上
Description issued shares voting rightsCurrentYearInstant_SharesLessThanOneUnitMember
Original text (Japanese)同上
Treasury shares etc (text)FilingDateInstantText · Plus
Name of shareholder treasury shares etcCurrentYearInstant_Row1Member
Original text (Japanese)日本通信株式会社
Address of shareholder treasury shares etcCurrentYearInstant_Row1Member
Original text (Japanese)東京都港区虎ノ門四丁目1番28号
Classes of shares etc (text)FilingDateInstantText · Plus
Acquisitions by resolution of shareholders meeting (text)FilingDateInstantText · Plus
Acquisitions by resolution of board of directors meeting (text)FilingDateInstantText · Plus
Acquisitions not based on resolution of shareholders meeting or board of directors meeting (text)FilingDateInstantText · Plus
Disposals or holding of acquired treasury shares (text)FilingDateInstantText · Plus
Dividend policy (text)FilingDateInstantText · Plus
Overview of corporate governance (text)FilingDateInstantText · Plus
Corporate governance company with corporate auditors (text)FilingDateInstantText · Plus
Information about officers (text)FilingDateInstantText · Plus
Official title or position information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E04473-000FrankSeijiSandaMember
Original text (Japanese)取締役会長(代表取締役)
Name information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E04473-000FrankSeijiSandaMember
Original text (Japanese)三田 聖二
Date of birth information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E04473-000FrankSeijiSandaMember1949-06-10
Career summary information about directors and corporate auditors (text)FilingDateInstant_jpcrp030000-asr_E04473-000FrankSeijiSandaMemberText · Plus
Term of office information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E04473-000FrankSeijiSandaMember
Original text (Japanese)(注3)
Official title or position information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E04473-000FukudaNaohisaMember
Original text (Japanese)取締役社長兼CEO(代表取締役)

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
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