Annual report

Period2024-03-01 → 2025-02-28

Filed2025-05-22

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 152

Metric	Value	Period	Scope	Source row
Revenue	¥150.3bn	2024-03-01 → 2025-02-28	Cons.	Net sales
Revenue	¥134.1bn	2023-03-01 → 2024-02-29	Cons.	Net sales
Revenue	¥110.9bn	2022-03-01 → 2023-02-28^d	Cons.	Net sales (5-year summary)
Revenue	¥111.1bn	2021-03-01 → 2022-02-28^d	Cons.	Net sales (5-year summary)
Revenue	¥107.7bn	2020-03-01 → 2021-02-28^d	Cons.	Net sales (5-year summary)
Operating income	¥8.9bn	2024-03-01 → 2025-02-28	Cons.	Operating income
Operating income	¥5.2bn	2023-03-01 → 2024-02-29	Cons.	Operating income
Ordinary income	¥9.1bn	2024-03-01 → 2025-02-28	Cons.	Ordinary income
Ordinary income	¥5.4bn	2023-03-01 → 2024-02-29	Cons.	Ordinary income
Ordinary income	¥3.2bn	2022-03-01 → 2023-02-28^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥5.6bn	2021-03-01 → 2022-02-28^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥5.0bn	2020-03-01 → 2021-02-28^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥9.3bn	2024-03-01 → 2025-02-28	Cons.	Income before income taxes
Profit before tax	¥5.4bn	2023-03-01 → 2024-02-29	Cons.	Income before income taxes
Net income (owners)	¥6.8bn	2024-03-01 → 2025-02-28	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥3.9bn	2023-03-01 → 2024-02-29	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥2.2bn	2022-03-01 → 2023-02-28^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥4.0bn	2021-03-01 → 2022-02-28^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥3.1bn	2020-03-01 → 2021-02-28^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥6.8bn	2024-03-01 → 2025-02-28	Cons.	Profit loss
Net income	¥3.9bn	2023-03-01 → 2024-02-29	Cons.	Profit loss
Total assets	¥102.5bn	at 2025-02-28	Cons.	Assets
Total assets	¥86.7bn	at 2024-02-29	Cons.	Assets
Total assets	¥79.1bn	at 2023-02-28^d	Cons.	Total assets (5-year summary)
Total assets	¥79.0bn	at 2022-02-28^d	Cons.	Total assets (5-year summary)
Total assets	¥82.0bn	at 2021-02-28^d	Cons.	Total assets (5-year summary)
Total liabilities	¥48.2bn	at 2025-02-28	Cons.	Liabilities
Total liabilities	¥36.4bn	at 2024-02-29	Cons.	Liabilities
Net assets / equity	¥54.3bn	at 2025-02-28	Cons.	Net assets
Net assets / equity	¥50.3bn	at 2024-02-29	Cons.	Net assets
Net assets / equity	¥49.0bn	at 2023-02-28^d	Cons.	Net assets
Net assets / equity	¥48.7bn	at 2022-02-28^d	Cons.	Net assets (5-year summary)
Net assets / equity	¥47.5bn	at 2021-02-28^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥31.3bn	at 2025-02-28	Cons.	Cash and deposits
Cash and deposits	¥32.6bn	at 2024-02-29	Cons.	Cash and deposits
Cash & equivalents	¥31.3bn	at 2025-02-28	Cons.	Cash and cash equivalents
Cash & equivalents	¥32.6bn	at 2024-02-29	Cons.	Cash and cash equivalents
Cash & equivalents	¥29.5bn	at 2023-02-28^d	Cons.	Cash and cash equivalents
Cash & equivalents	¥37.1bn	at 2022-02-28^d	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥33.8bn	at 2021-02-28^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥1.7bn	2024-03-01 → 2025-02-28	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥6.1bn	2023-03-01 → 2024-02-29	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥3.5bn	2022-03-01 → 2023-02-28^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥5.3bn	2021-03-01 → 2022-02-28^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥5.7bn	2020-03-01 → 2021-02-28^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	¥45m	2024-03-01 → 2025-02-28	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥241m	2023-03-01 → 2024-02-29	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥821m	2022-03-01 → 2023-02-28^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	¥648m	2021-03-01 → 2022-02-28^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥1.5bn	2020-03-01 → 2021-02-28^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥3.1bn	2024-03-01 → 2025-02-28	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥2.9bn	2023-03-01 → 2024-02-29	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥3.2bn	2022-03-01 → 2023-02-28^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥2.9bn	2021-03-01 → 2022-02-28^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥3.6bn	2020-03-01 → 2021-02-28^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥60.6	2024-03-01 → 2025-02-28	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥34.67	2023-03-01 → 2024-02-29	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥20.02	2022-03-01 → 2023-02-28^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥35.8	2021-03-01 → 2022-02-28^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥27.61	2020-03-01 → 2021-02-28^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥60.6	2024-03-01 → 2025-02-28	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥34.66	2023-03-01 → 2024-02-29	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥486.63	at 2025-02-28	Cons.	Net assets per share (5-year summary)
Net assets per share	¥451.51	at 2024-02-29	Cons.	Net assets per share (5-year summary)
Net assets per share	¥440.12	at 2023-02-28^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥437.25	at 2022-02-28^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥426.92	at 2021-02-28^d	Cons.	Net assets per share (5-year summary)
Equity ratio	53.0%	at 2025-02-28	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	58.0%	at 2024-02-29	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	61.9%	at 2023-02-28^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	61.6%	at 2022-02-28^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	57.9%	at 2021-02-28^d	Cons.	Equity to asset ratio (5-year summary)
ROE	12.9%	2024-03-01 → 2025-02-28	Cons.	Rate of return on equity (5-year summary)
ROE	7.8%	2023-03-01 → 2024-02-29	Cons.	Rate of return on equity (5-year summary)
ROE	4.6%	2022-03-01 → 2023-02-28^d	Cons.	Rate of return on equity (5-year summary)
ROE	8.3%	2021-03-01 → 2022-02-28^d	Cons.	Rate of return on equity (5-year summary)
ROE	6.4%	2020-03-01 → 2021-02-28^d	Cons.	Rate of return on equity (5-year summary)
Employees	2,039	at 2025-02-28	Cons.	Number of employees
Employees	1,967	at 2024-02-29	Cons.	Number of employees
Employees	1,896	at 2023-02-28^d	Cons.	Number of employees
Employees	1,952	at 2022-02-28^d	Cons.	Number of employees
Employees	2,004	at 2021-02-28^d	Cons.	Number of employees
Revenue	¥116.4bn	2024-03-01 → 2025-02-28	Standalone	Net sales
Revenue	¥101.6bn	2023-03-01 → 2024-02-29	Standalone	Net sales
Revenue	¥82.1bn	2022-03-01 → 2023-02-28^d	Standalone	Net sales (5-year summary)
Revenue	¥85.6bn	2021-03-01 → 2022-02-28^d	Standalone	Net sales (5-year summary)
Revenue	¥86.9bn	2020-03-01 → 2021-02-28^d	Standalone	Net sales (5-year summary)
Operating income	¥6.9bn	2024-03-01 → 2025-02-28	Standalone	Operating income
Operating income	¥3.6bn	2023-03-01 → 2024-02-29	Standalone	Operating income
Ordinary income	¥7.5bn	2024-03-01 → 2025-02-28	Standalone	Ordinary income
Ordinary income	¥4.3bn	2023-03-01 → 2024-02-29	Standalone	Ordinary income
Ordinary income	¥1.8bn	2022-03-01 → 2023-02-28^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥4.7bn	2021-03-01 → 2022-02-28^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥5.0bn	2020-03-01 → 2021-02-28^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥7.8bn	2024-03-01 → 2025-02-28	Standalone	Income before income taxes
Profit before tax	¥4.3bn	2023-03-01 → 2024-02-29	Standalone	Income before income taxes
Net income	¥5.9bn	2024-03-01 → 2025-02-28	Standalone	Profit loss
Net income	¥3.3bn	2023-03-01 → 2024-02-29	Standalone	Profit loss
Net income	¥1.2bn	2022-03-01 → 2023-02-28^d	Standalone	Net income loss (5-year summary)
Net income	¥3.5bn	2021-03-01 → 2022-02-28^d	Standalone	Net income loss (5-year summary)
Net income	¥3.6bn	2020-03-01 → 2021-02-28^d	Standalone	Net income loss (5-year summary)
Total assets	¥93.3bn	at 2025-02-28	Standalone	Assets
Total assets	¥78.3bn	at 2024-02-29	Standalone	Assets
Total assets	¥70.2bn	at 2023-02-28^d	Standalone	Total assets (5-year summary)
Total assets	¥73.1bn	at 2022-02-28^d	Standalone	Total assets (5-year summary)
Total assets	¥76.0bn	at 2021-02-28^d	Standalone	Total assets (5-year summary)
Total liabilities	¥48.8bn	at 2025-02-28	Standalone	Liabilities
Total liabilities	¥36.8bn	at 2024-02-29	Standalone	Liabilities
Net assets / equity	¥44.5bn	at 2025-02-28	Standalone	Net assets
Net assets / equity	¥41.5bn	at 2024-02-29	Standalone	Net assets
Net assets / equity	¥41.0bn	at 2023-02-28^d	Standalone	Net assets
Net assets / equity	¥42.0bn	at 2022-02-28^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥41.4bn	at 2021-02-28^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥29.9bn	at 2025-02-28	Standalone	Cash and deposits
Cash and deposits	¥31.4bn	at 2024-02-29	Standalone	Cash and deposits
EPS (basic)	¥52.79	2024-03-01 → 2025-02-28	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥29.92	2023-03-01 → 2024-02-29	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥10.44	2022-03-01 → 2023-02-28^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥31.45	2021-03-01 → 2022-02-28^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥32.07	2020-03-01 → 2021-02-28^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥52.78	2024-03-01 → 2025-02-28	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥29.91	2023-03-01 → 2024-02-29	Standalone	Diluted earnings per share (5-year summary)
Dividend per share	¥32	2024-03-01 → 2025-02-28	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥27	2023-03-01 → 2024-02-29	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥25	2022-03-01 → 2023-02-28^d	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥28	2021-03-01 → 2022-02-28^d	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥25	2020-03-01 → 2021-02-28^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥399.34	at 2025-02-28	Standalone	Net assets per share (5-year summary)
Net assets per share	¥372.91	at 2024-02-29	Standalone	Net assets per share (5-year summary)
Net assets per share	¥367.94	at 2023-02-28^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥376.95	at 2022-02-28^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥372.29	at 2021-02-28^d	Standalone	Net assets per share (5-year summary)
Equity ratio	47.7%	at 2025-02-28	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	53.1%	at 2024-02-29	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	58.4%	at 2023-02-28^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	57.4%	at 2022-02-28^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	54.5%	at 2021-02-28^d	Standalone	Equity to asset ratio (5-year summary)
ROE	13.7%	2024-03-01 → 2025-02-28	Standalone	Rate of return on equity (5-year summary)
ROE	8.1%	2023-03-01 → 2024-02-29	Standalone	Rate of return on equity (5-year summary)
ROE	2.8%	2022-03-01 → 2023-02-28^d	Standalone	Rate of return on equity (5-year summary)
ROE	8.4%	2021-03-01 → 2022-02-28^d	Standalone	Rate of return on equity (5-year summary)
ROE	8.6%	2020-03-01 → 2021-02-28^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	119,896,588	at 2025-02-28	Standalone	Total number of issued shares (5-year summary)
Shares issued	119,896,588	at 2024-02-29	Standalone	Total number of issued shares (5-year summary)
Shares issued	119,896,588	at 2023-02-28^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	119,896,588	at 2022-02-28^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	119,896,588	at 2021-02-28^d	Standalone	Total number of issued shares (5-year summary)
Employees	1,498	at 2025-02-28	Standalone	Number of employees
Employees	1,397	at 2024-02-29	Standalone	Number of employees
Employees	1,272	at 2023-02-28^d	Standalone	Number of employees
Employees	1,340	at 2022-02-28^d	Standalone	Number of employees
Employees	1,360	at 2021-02-28^d	Standalone	Number 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 · 1,550

Item	Context	Value	Unit
Total changes of items during the period	CurrentYearDuration_RemeasurementsOfDefinedBenefitPlansMember	-36000000	JPY
Total changes of items during the period	CurrentYearDuration_ValuationAndTranslationAdjustmentsMember	120000000	JPY
Total changes of items during the period	CurrentYearDuration	3974000000	JPY
Net assets	CurrentYearInstant_ValuationDifferenceOnAvailableForSaleSecuritiesMember	797000000	JPY
Net assets	CurrentYearInstant_ForeignCurrencyTranslationAdjustmentMember	544000000	JPY
Net assets	CurrentYearInstant_RemeasurementsOfDefinedBenefitPlansMember	-78000000	JPY
Net assets	CurrentYearInstant_ValuationAndTranslationAdjustmentsMember	1264000000	JPY
Net assets	CurrentYearInstant	54281000000	JPY
Income before income taxes	Prior1YearDuration	5421000000	JPY
Income before income taxes	CurrentYearDuration	9310000000	JPY
Depreciation and amortization ope cf	Prior1YearDuration	1251000000	JPY
Depreciation and amortization ope cf	CurrentYearDuration	1246000000	JPY
Increase decrease in allowance for doubtful accounts ope cf	Prior1YearDuration	-89000000	JPY
Increase decrease in allowance for doubtful accounts ope cf	CurrentYearDuration	19000000	JPY
Increase decrease in provision for bonuses ope cf	Prior1YearDuration	218000000	JPY
Increase decrease in provision for bonuses ope cf	CurrentYearDuration	364000000	JPY
Increase decrease in net defined benefit asset ope cf	Prior1YearDuration	-193000000	JPY
Increase decrease in net defined benefit asset ope cf	CurrentYearDuration	-166000000	JPY
Increase decrease in net defined benefit liability ope cf	Prior1YearDuration	-92000000	JPY
Increase decrease in net defined benefit liability ope cf	CurrentYearDuration	-38000000	JPY
Increase decrease in provision for warranties for completed construction ope cf	Prior1YearDuration	63000000	JPY
Increase decrease in provision for warranties for completed construction ope cf	CurrentYearDuration	-35000000	JPY
Increase decrease in provision for loss on construction contracts ope cf	Prior1YearDuration	-310000000	JPY
Increase decrease in provision for loss on construction contracts ope cf	CurrentYearDuration	-14000000	JPY
Increase decrease in provision for share based payments ope cf	Prior1YearDuration	71000000	JPY
Increase decrease in provision for share based payments ope cf	CurrentYearDuration	-12000000	JPY
Increase decrease in other provision ope cf	Prior1YearDuration	2000000	JPY
Increase decrease in other provision ope cf	CurrentYearDuration	-1000000	JPY
Interest and dividends income ope cf	Prior1YearDuration	-52000000	JPY
Interest and dividends income ope cf	CurrentYearDuration	-85000000	JPY
Loss gain on sales of investment securities ope cf	Prior1YearDuration	-271000000	JPY
Loss gain on sales of investment securities ope cf	CurrentYearDuration	-273000000	JPY
Loss gain on valuation of investment securities ope cf	Prior1YearDuration	78000000	JPY
Loss gain on valuation of investment securities ope cf	CurrentYearDuration	18000000	JPY
Decrease increase in accounts receivable trade and contract assets ope cf	Prior1YearDuration	-5225000000	JPY
Decrease increase in accounts receivable trade and contract assets ope cf	CurrentYearDuration	-16085000000	JPY
Decrease increase in inventories ope cf	Prior1YearDuration	56000000	JPY
Decrease increase in inventories ope cf	CurrentYearDuration	-217000000	JPY
Decrease increase in advance payments ope cf	Prior1YearDuration	387000000	JPY
Decrease increase in advance payments ope cf	CurrentYearDuration	-631000000	JPY
Increase decrease in notes and accounts payable trade ope cf	Prior1YearDuration	2242000000	JPY
Increase decrease in notes and accounts payable trade ope cf	CurrentYearDuration	9527000000	JPY
Increase decrease in accounts payable other ope cf	Prior1YearDuration	1231000000	JPY
Increase decrease in accounts payable other ope cf	CurrentYearDuration	634000000	JPY
Increase decrease in contract liabilities ope cf	Prior1YearDuration	1106000000	JPY
Increase decrease in contract liabilities ope cf	CurrentYearDuration	302000000	JPY
Increase decrease in accrued consumption taxes ope cf	Prior1YearDuration	342000000	JPY
Increase decrease in accrued consumption taxes ope cf	CurrentYearDuration	59000000	JPY
Other net ope cf	Prior1YearDuration	994000000	JPY
Other net ope cf	CurrentYearDuration	121000000	JPY

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 identity	consolidated 2024-02-29	pass
balance sheet identity	consolidated 2025-02-28	pass rounding
balance sheet identity	non_consolidated 2024-02-29	pass rounding
balance sheet identity	non_consolidated 2025-02-28	pass
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2023-02-28	pass
statement vs summary · net assets	consolidated 2024-02-29	pass
statement vs summary · net assets	consolidated 2025-02-28	pass
statement vs summary · net assets	non_consolidated 2023-02-28	pass
statement vs summary · net assets	non_consolidated 2024-02-29	pass
statement vs summary · net assets	non_consolidated 2025-02-28	pass
statement vs summary · net income attributable to parent	consolidated 2023-03-01/2024-02-29	pass
statement vs summary · net income attributable to parent	consolidated 2024-03-01/2025-02-28	pass
statement vs summary · operating cash flow	consolidated 2023-03-01/2024-02-29	pass
statement vs summary · operating cash flow	consolidated 2024-03-01/2025-02-28	pass
statement vs summary · revenue	consolidated 2023-03-01/2024-02-29	pass
statement vs summary · revenue	consolidated 2024-03-01/2025-02-28	pass
statement vs summary · revenue	non_consolidated 2023-03-01/2024-02-29	pass
statement vs summary · revenue	non_consolidated 2024-03-01/2025-02-28	pass
statement vs summary · total assets	consolidated 2024-02-29	pass
statement vs summary · total assets	consolidated 2025-02-28	pass
statement vs summary · total assets	non_consolidated 2024-02-29	pass
statement vs summary · total assets	non_consolidated 2025-02-28	pass