Annual report

Period2025-03-21 → 2026-03-20
Filed2026-06-19
StandardJapan GAAP
ConsolidatedNo
Data checks12 of 13 passed
Key figures · 116
MetricValuePeriodScopeSource row
Revenue¥5.8bn2025-03-21 → 2026-03-20StandaloneNet sales
Revenue¥7.5bn2024-03-21 → 2025-03-20StandaloneNet sales
Revenue¥8.5bn2023-03-21 → 2024-03-20vStandaloneNet sales (5-year summary)
Revenue¥7.0bn2022-03-21 → 2023-03-20vStandaloneNet sales (5-year summary)
Revenue¥4.2bn2022-03-21 → 2023-03-20vStandaloneNet sales (5-year summary)
Revenue¥7.7bn2021-03-21 → 2022-03-20vStandaloneNet sales (5-year summary)
Revenue¥7.4bn2021-03-21 → 2022-03-20vStandaloneNet sales (5-year summary)
Operating income−¥708m2025-03-21 → 2026-03-20StandaloneOperating income
Operating income−¥277m2024-03-21 → 2025-03-20StandaloneOperating income
Ordinary income−¥795m2025-03-21 → 2026-03-20StandaloneOrdinary income
Ordinary income−¥329m2024-03-21 → 2025-03-20StandaloneOrdinary income
Ordinary income¥130m2023-03-21 → 2024-03-20vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥125m2023-03-21 → 2024-03-20vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥46m2022-03-21 → 2023-03-20vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥70m2022-03-21 → 2023-03-20vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥225m2021-03-21 → 2022-03-20vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥145m2021-03-21 → 2022-03-20vStandaloneOrdinary income loss (5-year summary)
Profit before tax−¥1.1bn2025-03-21 → 2026-03-20StandaloneIncome before income taxes
Profit before tax−¥490m2024-03-21 → 2025-03-20StandaloneIncome before income taxes
Net income (owners)¥48m2023-03-21 → 2024-03-20vStandaloneProfit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥46m2022-03-21 → 2023-03-20vStandaloneProfit loss attributable to owners of parent (5-year summary)
Net income (owners)¥486m2021-03-21 → 2022-03-20vStandaloneProfit loss attributable to owners of parent (5-year summary)
Net income−¥1.1bn2025-03-21 → 2026-03-20StandaloneProfit loss
Net income−¥545m2024-03-21 → 2025-03-20StandaloneProfit loss
Net income¥37m2023-03-21 → 2024-03-20vStandaloneNet income loss (5-year summary)
Net income−¥112m2022-03-21 → 2023-03-20vStandaloneNet income loss (5-year summary)
Net income¥424m2021-03-21 → 2022-03-20vStandaloneNet income loss (5-year summary)
Total assets¥4.4bnat 2026-03-20StandaloneAssets
Total assets¥4.8bnat 2025-03-20StandaloneAssets
Total assets¥5.3bnat 2024-03-20vStandaloneTotal assets (5-year summary)
Total assets¥5.3bnat 2024-03-20vStandaloneTotal assets (5-year summary)
Total assets¥4.9bnat 2023-03-20vStandaloneTotal assets (5-year summary)
Total assets¥4.6bnat 2023-03-20vStandaloneTotal assets (5-year summary)
Total assets¥4.3bnat 2022-03-20vStandaloneTotal assets (5-year summary)
Total assets¥3.9bnat 2022-03-20vStandaloneTotal assets (5-year summary)
Total liabilities¥4.3bnat 2026-03-20StandaloneLiabilities
Total liabilities¥4.5bnat 2025-03-20StandaloneLiabilities
Net assets / equity¥45mat 2026-03-20StandaloneNet assets
Net assets / equity¥233mat 2025-03-20StandaloneNet assets
Net assets / equity¥786mat 2024-03-20vStandaloneNet assets
Net assets / equity¥935mat 2024-03-20vStandaloneNet assets (5-year summary)
Net assets / equity¥871mat 2023-03-20vStandaloneNet assets (5-year summary)
Net assets / equity¥742mat 2023-03-20vStandaloneNet assets (5-year summary)
Net assets / equity¥1.0bnat 2022-03-20vStandaloneNet assets (5-year summary)
Net assets / equity¥950mat 2022-03-20vStandaloneNet assets (5-year summary)
Cash and deposits¥1.0bnat 2026-03-20StandaloneCash and deposits
Cash and deposits¥504mat 2025-03-20StandaloneCash and deposits
Cash & equivalents¥690mat 2026-03-20StandaloneCash and cash equivalents
Cash & equivalents¥504mat 2025-03-20StandaloneCash and cash equivalents
Cash & equivalents¥409mat 2024-03-20vStandaloneCash and cash equivalents
Cash & equivalents¥416mat 2024-03-20vStandaloneCash and cash equivalents (5-year summary)
Cash & equivalents¥593mat 2023-03-20vStandaloneCash and cash equivalents (5-year summary)
Cash & equivalents¥724mat 2022-03-20vStandaloneCash and cash equivalents (5-year summary)
Operating cash flow−¥155m2025-03-21 → 2026-03-20StandaloneNet cash provided by used in operating activities
Operating cash flow−¥107m2024-03-21 → 2025-03-20StandaloneNet cash provided by used in operating activities
Operating cash flow¥8m2023-03-21 → 2024-03-20vStandaloneNet cash provided by used in operating activities (5-year summary)
Operating cash flow−¥843m2022-03-21 → 2023-03-20vStandaloneNet cash provided by used in operating activities (5-year summary)
Operating cash flow−¥375m2021-03-21 → 2022-03-20vStandaloneNet cash provided by used in operating activities (5-year summary)
Investing cash flow−¥383m2025-03-21 → 2026-03-20StandaloneNet cash provided by used in investment activities
Investing cash flow−¥144m2024-03-21 → 2025-03-20StandaloneNet cash provided by used in investment activities
Investing cash flow−¥55m2023-03-21 → 2024-03-20vStandaloneNet cash provided by used in investing activities (5-year summary)
Investing cash flow−¥99m2022-03-21 → 2023-03-20vStandaloneNet cash provided by used in investing activities (5-year summary)
Investing cash flow¥177m2021-03-21 → 2022-03-20vStandaloneNet cash provided by used in investing activities (5-year summary)
Financing cash flow¥723m2025-03-21 → 2026-03-20StandaloneNet cash provided by used in financing activities
Financing cash flow¥346m2024-03-21 → 2025-03-20StandaloneNet cash provided by used in financing activities
Financing cash flow−¥131m2023-03-21 → 2024-03-20vStandaloneNet cash provided by used in financing activities (5-year summary)
Financing cash flow¥811m2022-03-21 → 2023-03-20vStandaloneNet cash provided by used in financing activities (5-year summary)
Financing cash flow¥442m2021-03-21 → 2022-03-20vStandaloneNet cash provided by used in financing activities (5-year summary)
EPS (basic)¥-414.632025-03-21 → 2026-03-20StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-267.692024-03-21 → 2025-03-20StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥23.392023-03-21 → 2024-03-20vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥17.992023-03-21 → 2024-03-20vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-22.782022-03-21 → 2023-03-20vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-55.152022-03-21 → 2023-03-20vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥239.682021-03-21 → 2022-03-20vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥209.52021-03-21 → 2022-03-20vStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥21.632023-03-21 → 2024-03-20vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥16.642023-03-21 → 2024-03-20vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥166.352021-03-21 → 2022-03-20vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥145.412021-03-21 → 2022-03-20vStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥152023-03-21 → 2024-03-20vStandaloneDividend paid per share (5-year summary)
Dividend per share¥102022-03-21 → 2023-03-20vStandaloneDividend paid per share (5-year summary)
Dividend per share¥502021-03-21 → 2022-03-20vStandaloneDividend paid per share (5-year summary)
Net assets per share¥13.06at 2026-03-20StandaloneNet assets per share (5-year summary)
Net assets per share¥113.07at 2025-03-20StandaloneNet assets per share (5-year summary)
Net assets per share¥456.12at 2024-03-20vStandaloneNet assets per share (5-year summary)
Net assets per share¥383.06at 2024-03-20vStandaloneNet assets per share (5-year summary)
Net assets per share¥424.45at 2023-03-20vStandaloneNet assets per share (5-year summary)
Net assets per share¥361.11at 2023-03-20vStandaloneNet assets per share (5-year summary)
Net assets per share¥501.09at 2022-03-20vStandaloneNet assets per share (5-year summary)
Net assets per share¥463.92at 2022-03-20vStandaloneNet assets per share (5-year summary)
Equity ratio0.9%at 2026-03-20StandaloneEquity to asset ratio (5-year summary)
Equity ratio4.8%at 2025-03-20StandaloneEquity to asset ratio (5-year summary)
Equity ratio17.5%at 2024-03-20vStandaloneEquity to asset ratio (5-year summary)
Equity ratio14.7%at 2024-03-20vStandaloneEquity to asset ratio (5-year summary)
Equity ratio17.5%at 2023-03-20vStandaloneEquity to asset ratio (5-year summary)
Equity ratio16.0%at 2023-03-20vStandaloneEquity to asset ratio (5-year summary)
Equity ratio23.9%at 2022-03-20vStandaloneEquity to asset ratio (5-year summary)
ROE-840.0%2025-03-21 → 2026-03-20StandaloneRate of return on equity (5-year summary)
ROE-107.9%2024-03-21 → 2025-03-20StandaloneRate of return on equity (5-year summary)
ROE5.3%2023-03-21 → 2024-03-20vStandaloneRate of return on equity (5-year summary)
ROE4.8%2023-03-21 → 2024-03-20vStandaloneRate of return on equity (5-year summary)
ROE-4.9%2022-03-21 → 2023-03-20vStandaloneRate of return on equity (5-year summary)
ROE-13.4%2022-03-21 → 2023-03-20vStandaloneRate of return on equity (5-year summary)
ROE47.6%2021-03-21 → 2022-03-20vStandaloneRate of return on equity (5-year summary)
ROE58.5%2021-03-21 → 2022-03-20vStandaloneRate of return on equity (5-year summary)
Shares issued3,167,000at 2026-03-20StandaloneTotal number of issued shares (5-year summary)
Shares issued2,040,000at 2025-03-20StandaloneTotal number of issued shares (5-year summary)
Shares issued2,040,000at 2024-03-20vStandaloneTotal number of issued shares (5-year summary)
Shares issued2,040,000at 2023-03-20vStandaloneTotal number of issued shares (5-year summary)
Shares issued2,038,000at 2022-03-20vStandaloneTotal number of issued shares (5-year summary)
Employees52at 2026-03-20StandaloneNumber of employees
Employees57at 2025-03-20StandaloneNumber of employees
Employees61at 2024-03-20vStandaloneNumber of employees
Employees65at 2023-03-20vStandaloneNumber of employees
Employees66at 2022-03-20vStandaloneNumber 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 · 62
SegmentItemPeriodValue
Reconciling Itemsreconcilingcapex2025-03-21 → 2026-03-20¥17m
Reconciling Itemsreconcilingdepreciation2025-03-21 → 2026-03-20¥20m
Reconciling Itemsreconcilingsegment assetsat 2026-03-20¥1.3bn
Reconciling Itemsreconcilingsegment ordinary income2025-03-21 → 2026-03-20−¥617m
Cosmetic Wholesale Divisionreportable segmentdepreciation2025-03-21 → 2026-03-20¥1m
Cosmetic Wholesale Divisionreportable segmentemployeesat 2026-03-2011 pure
Cosmetic Wholesale Divisionreportable segmentrevenue2025-03-21 → 2026-03-20¥1.6bn
Cosmetic Wholesale Divisionreportable segmentrevenue external2025-03-21 → 2026-03-20¥1.6bn
Cosmetic Wholesale Divisionreportable segmentsegment assetsat 2026-03-20¥625m
Cosmetic Wholesale Divisionreportable segmentsegment ordinary income2025-03-21 → 2026-03-20−¥161m
Fashion Retail Sales Divisionreportable segmentcapex2025-03-21 → 2026-03-20¥106m
Fashion Retail Sales Divisionreportable segmentdepreciation2025-03-21 → 2026-03-20¥36m
Fashion Retail Sales Divisionreportable segmentemployeesat 2026-03-2032 pure
Fashion Retail Sales Divisionreportable segmentrevenue2025-03-21 → 2026-03-20¥3.9bn
Fashion Retail Sales Divisionreportable segmentrevenue external2025-03-21 → 2026-03-20¥3.9bn
Fashion Retail Sales Divisionreportable segmentsegment assetsat 2026-03-20¥2.0bn
Fashion Retail Sales Divisionreportable segmentsegment ordinary income2025-03-21 → 2026-03-20−¥63m
Foreign Investment Departmentreportable segmentemployeesat 2026-03-201 pure
Foreign Investment Departmentreportable segmentrevenue2025-03-21 → 2026-03-20¥196m
Foreign Investment Departmentreportable segmentrevenue external2025-03-21 → 2026-03-20¥196m
Foreign Investment Departmentreportable segmentsegment assetsat 2026-03-20¥15m
Foreign Investment Departmentreportable segmentsegment ordinary income2025-03-21 → 2026-03-20¥15m
Store Lease Sectionreportable segmentrevenue2025-03-21 → 2026-03-20¥35m
Store Lease Sectionreportable segmentrevenue external2025-03-21 → 2026-03-20¥35m
Store Lease Sectionreportable segmentsegment assetsat 2026-03-20¥429m
Store Lease Sectionreportable segmentsegment ordinary income2025-03-21 → 2026-03-20¥31m
—segment totalcapex2025-03-21 → 2026-03-20¥106m
—segment totaldepreciation2025-03-21 → 2026-03-20¥37m
—segment totalemployeesat 2026-03-2044 pure
—segment totalrevenue2025-03-21 → 2026-03-20¥5.8bn
—segment totalrevenue external2025-03-21 → 2026-03-20¥5.8bn
—segment totalsegment assetsat 2026-03-20¥3.1bn
—segment totalsegment ordinary income2025-03-21 → 2026-03-20−¥178m
Reconciling Itemsreconcilingcapex2024-03-21 → 2025-03-20¥7m
Reconciling Itemsreconcilingdepreciation2024-03-21 → 2025-03-20¥13m
Reconciling Itemsreconcilingsegment assetsat 2025-03-20¥835m
Reconciling Itemsreconcilingsegment ordinary income2024-03-21 → 2025-03-20−¥467m
Cosmetic Wholesale Divisionreportable segmentdepreciation2024-03-21 → 2025-03-20¥1m
Cosmetic Wholesale Divisionreportable segmentrevenue2024-03-21 → 2025-03-20¥3.2bn
Cosmetic Wholesale Divisionreportable segmentrevenue external2024-03-21 → 2025-03-20¥3.2bn
Cosmetic Wholesale Divisionreportable segmentsegment assetsat 2025-03-20¥1.0bn
Cosmetic Wholesale Divisionreportable segmentsegment ordinary income2024-03-21 → 2025-03-20¥98m
Fashion Retail Sales Divisionreportable segmentcapex2024-03-21 → 2025-03-20¥232m
Fashion Retail Sales Divisionreportable segmentdepreciation2024-03-21 → 2025-03-20¥64m
Fashion Retail Sales Divisionreportable segmentrevenue2024-03-21 → 2025-03-20¥4.1bn
Fashion Retail Sales Divisionreportable segmentrevenue external2024-03-21 → 2025-03-20¥4.1bn
Fashion Retail Sales Divisionreportable segmentsegment assetsat 2025-03-20¥2.5bn
Fashion Retail Sales Divisionreportable segmentsegment ordinary income2024-03-21 → 2025-03-20−¥1m
Foreign Investment Departmentreportable segmentrevenue2024-03-21 → 2025-03-20¥181m
Foreign Investment Departmentreportable segmentrevenue external2024-03-21 → 2025-03-20¥181m
Foreign Investment Departmentreportable segmentsegment assetsat 2025-03-20¥8m
Foreign Investment Departmentreportable segmentsegment ordinary income2024-03-21 → 2025-03-20¥11m
Store Lease Sectionreportable segmentrevenue2024-03-21 → 2025-03-20¥35m
Store Lease Sectionreportable segmentrevenue external2024-03-21 → 2025-03-20¥35m
Store Lease Sectionreportable segmentsegment assetsat 2025-03-20¥429m
Store Lease Sectionreportable segmentsegment ordinary income2024-03-21 → 2025-03-20¥31m
—segment totalcapex2024-03-21 → 2025-03-20¥232m
—segment totaldepreciation2024-03-21 → 2025-03-20¥65m
—segment totalrevenue2024-03-21 → 2025-03-20¥7.5bn
—segment totalrevenue external2024-03-21 → 2025-03-20¥7.5bn
—segment totalsegment assetsat 2025-03-20¥3.9bn
—segment totalsegment ordinary income2024-03-21 → 2025-03-20¥137m

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

All source rows · 1,179
ItemContextValueUnit
Number of issued shares as of fiscal year end issued shares total number of shares etcFilingDateInstant3167228
Number of issued shares as of filing date issued shares total number of shares etcFilingDateInstant3210228
Number of shares constituting one unitCurrentYearInstant_OrdinaryShareMember100
Number of shareholders national and local governmentsCurrentYearInstant_OrdinaryShareMember-
Number of shareholders financial institutionsCurrentYearInstant_OrdinaryShareMember-
Number of shareholders financial service providersCurrentYearInstant_OrdinaryShareMember13
Number of shareholders other corporationsCurrentYearInstant_OrdinaryShareMember39
Number of shareholders foreign investors other than individualsCurrentYearInstant_OrdinaryShareMember5
Number of shareholders foreign individual investorsCurrentYearInstant_OrdinaryShareMember18
Number of shareholders individuals and othersCurrentYearInstant_OrdinaryShareMember3896
Number of shareholders totalCurrentYearInstant_OrdinaryShareMember3971
Number of shares held number of units national and local governmentsCurrentYearInstant_OrdinaryShareMember-
Number of shares held number of units financial institutionsCurrentYearInstant_OrdinaryShareMember-
Number of shares held number of units financial service providersCurrentYearInstant_OrdinaryShareMember311
Number of shares held number of units other corporationsCurrentYearInstant_OrdinaryShareMember3546
Number of shares held number of units foreign investors other than individualsCurrentYearInstant_OrdinaryShareMember1575
Number of shares held number of units foreign individual investorsCurrentYearInstant_OrdinaryShareMember150
Number of shares held number of units individuals and othersCurrentYearInstant_OrdinaryShareMember26028
Number of shares held number of units totalCurrentYearInstant_OrdinaryShareMember31610
Number of shares held shares less than one unitCurrentYearInstant_OrdinaryShareMember6228
Percentage of shareholdings national and local governmentsCurrentYearInstant_OrdinaryShareMember-
Percentage of shareholdings financial institutionsCurrentYearInstant_OrdinaryShareMember-
Percentage of shareholdings financial service providersCurrentYearInstant_OrdinaryShareMember0.0098
Percentage of shareholdings other corporationsCurrentYearInstant_OrdinaryShareMember0.1122
Percentage of shareholdings foreigners other than individualsCurrentYearInstant_OrdinaryShareMember0.0498
Percentage of shareholdings foreign individualsCurrentYearInstant_OrdinaryShareMember0.0048
Percentage of shareholdings individuals and othersCurrentYearInstant_OrdinaryShareMember0.8234
Number of shares heldCurrentYearInstant_No1MajorShareholdersMember300000
Shareholding ratioCurrentYearInstant_No1MajorShareholdersMember0.0948
Number of shares heldCurrentYearInstant_No2MajorShareholdersMember198000
Shareholding ratioCurrentYearInstant_No2MajorShareholdersMember0.0626
Number of shares heldCurrentYearInstant_No3MajorShareholdersMember144000
Shareholding ratioCurrentYearInstant_No3MajorShareholdersMember0.0457
Number of shares heldCurrentYearInstant_No4MajorShareholdersMember60000
Shareholding ratioCurrentYearInstant_No4MajorShareholdersMember0.0192
Number of shares heldCurrentYearInstant_No5MajorShareholdersMember51000
Shareholding ratioCurrentYearInstant_No5MajorShareholdersMember0.0163
Number of shares heldCurrentYearInstant_No6MajorShareholdersMember40000
Shareholding ratioCurrentYearInstant_No6MajorShareholdersMember0.0129
Number of shares heldCurrentYearInstant_No7MajorShareholdersMember31000
Shareholding ratioCurrentYearInstant_No7MajorShareholdersMember0.0100
Number of shares heldCurrentYearInstant_No8MajorShareholdersMember18000
Shareholding ratioCurrentYearInstant_No8MajorShareholdersMember0.0056
Number of shares heldCurrentYearInstant_No9MajorShareholdersMember16000
Shareholding ratioCurrentYearInstant_No9MajorShareholdersMember0.0051
Number of shares heldCurrentYearInstant_No10MajorShareholdersMember15000
Shareholding ratioCurrentYearInstant_No10MajorShareholdersMember0.0048
Number of shares heldCurrentYearInstant878000
Shareholding ratioCurrentYearInstant0.2775
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithNoVotingRightsMember-

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 · 12 of 13 passed
balance sheet identitynon_consolidated 2025-03-20pass
balance sheet identitynon_consolidated 2026-03-20pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsnon_consolidated 2024-03-20mismatch
statement vs summary · net assetsnon_consolidated 2025-03-20pass
statement vs summary · net assetsnon_consolidated 2026-03-20pass
statement vs summary · operating cash flownon_consolidated 2024-03-21/2025-03-20pass
statement vs summary · operating cash flownon_consolidated 2025-03-21/2026-03-20pass
statement vs summary · revenuenon_consolidated 2024-03-21/2025-03-20pass
statement vs summary · revenuenon_consolidated 2025-03-21/2026-03-20pass
statement vs summary · total assetsnon_consolidated 2025-03-20pass
statement vs summary · total assetsnon_consolidated 2026-03-20pass