Financials

Dip: FYE Feb 2026 and ten years of results (45 metrics)

FYE Feb 2026 · Revenue¥55bnYoY −2.7%
FYE Feb 2026 · Operating profit¥9.1bnYoY −32.0%
FYE Feb 2026 · Net profit¥6.0bnYoY −33.5%
FYE Feb 2026 · Equity ratio74.4%YoY +2.7pp
FYE Feb 2026 · Group employees2,663YoY +133
Fiscal yearRevenueYoYOperating profitYoYMarginNet profitChief executiveThat year
FYE Feb 2017Parent only¥33bnn/a¥9.1bnn/a27.5%¥6.2bnTomita Hideki
FYE Feb 2018Consolidated¥38bn+14.7%¥11bn+18.4%28.4%¥7.5bnTomita Hideki
FYE Feb 2019Consolidated¥42bn+10.8%¥13bn+18.0%30.2%¥8.9bnTomita Hideki¥38.1bn revenue, 28.4% operating margin
FYE Feb 2020Parent only¥46bn+10.1%¥14bn+12.6%30.9%¥10bnTomita HidekiCobot launches — AI and RPA for hiring admin
FYE Feb 2021Consolidated¥32bn−30.0%¥7.3bn−49.1%22.5%¥0.6bnTomita Hideki
FYE Feb 2022Consolidated¥40bn+21.6%¥5.6bn−23.4%14.2%¥3.5bnTomita HidekiCovid-19: revenue down 30%, operating profit down 42%
FYE Feb 2023Consolidated¥49bn+24.9%¥12bn+106.0%23.4%¥7.9bnTomita HidekiMoves to the TSE Prime market
FYE Feb 2024Consolidated¥54bn+9.0%¥13bn+10.6%23.7%¥9.1bnTomita Hideki
FYE Feb 2025Consolidated¥56bn+4.8%¥13bn+5.0%23.8%¥9.0bnTomita Hideki<em>dip AI</em> and Spot Baitoru launch
FYE Feb 2026Consolidated¥55bn−2.7%¥9.1bn−32.0%16.6%¥6.0bnTomita Hideki

How it compares

Recruit Holdings¥3.70tnFY2025Operating margin 17.1%Persol Holdings¥1.56tnFY2025Operating margin 4.3%
Goodwill Group, Inc.Delisted 2009
Pasona Group¥308bnFY2026Operating margin −0.4%
TechnoPro HoldingsDelisted 2025
Yutigurupu¥195bnFY2024Operating margin 4.1%
Open Up Group¥167bnFY2026Operating margin 10.0%Meitec Group Holdings¥138bnFY2025Operating margin 14.5%Visional¥80bnFY2025Operating margin 26.7%
Furukyasutohorudingusu¥77bnFY2025Operating margin 10.2%
Dip¥55bnFY2025Operating margin 16.6%

Income statement Revenue, costs, each level of profit and the margins they leave

Where the revenue goes

¥ bn
Cost of sales SG&A Operating profit

Margins

%
Gross margin Operating margin Ordinary margin Net margin

Revenue net sales, operating revenue

FYE Feb 2026 ¥55bn
CAGR · 10 yrs +5.7%
Fiscal year Revenue ¥ bn YoY Basis
FYE Feb 2017 33.2 n/a Parent · Japanese GAAP
FYE Feb 2018 38.1 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 42.2 +10.8% Cons. · Japanese GAAP
FYE Feb 2020 46.4 moved to parent only Parent · Japanese GAAP
FYE Feb 2021 32.5 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 39.5 +21.6% Cons. · Japanese GAAP
FYE Feb 2023 49.4 +24.9% Cons. · Japanese GAAP
FYE Feb 2024 53.8 +9.0% Cons. · Japanese GAAP
FYE Feb 2025 56.4 +4.8% Cons. · Japanese GAAP
FYE Feb 2026 54.9 −2.7% Cons. · Japanese GAAP
Definition
Everything the company took in from its own business
Formula
Revenue line of the income statement
Source
Securities report (XBRL)

Cost of sales

FYE Feb 2026 ¥6.3bn
CAGR · 10 yrs +11.9%
Fiscal year Cost of sales ¥ bn YoY Basis
FYE Feb 2017 2.3 n/a Parent · Japanese GAAP
FYE Feb 2018 2.2 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 2.7 +24.3% Cons. · Japanese GAAP
FYE Feb 2020 3.0 moved to parent only Parent · Japanese GAAP
FYE Feb 2021 3.3 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 4.5 +37.6% Cons. · Japanese GAAP
FYE Feb 2023 5.3 +16.0% Cons. · Japanese GAAP
FYE Feb 2024 5.8 +10.5% Cons. · Japanese GAAP
FYE Feb 2025 5.9 +1.0% Cons. · Japanese GAAP
FYE Feb 2026 6.3 +7.4% Cons. · Japanese GAAP
Definition
The cost of what was sold
Formula
Cost of sales line of the income statement
Source
Securities report (XBRL)

Gross profit

FYE Feb 2026 ¥49bn
CAGR · 10 yrs +5.1%
Fiscal year Gross profit ¥ bn YoY Basis
FYE Feb 2017 30.9 n/a Parent · Japanese GAAP
FYE Feb 2018 35.9 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 39.5 +10.0% Cons. · Japanese GAAP
FYE Feb 2020 43.4 moved to parent only Parent · Japanese GAAP
FYE Feb 2021 29.2 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 35.0 +19.8% Cons. · Japanese GAAP
FYE Feb 2023 44.1 +26.1% Cons. · Japanese GAAP
FYE Feb 2024 48.0 +8.8% Cons. · Japanese GAAP
FYE Feb 2025 50.5 +5.3% Cons. · Japanese GAAP
FYE Feb 2026 48.5 −3.9% Cons. · Japanese GAAP
Definition
What the product or service itself earns
Formula
Revenue − cost of sales
Source
Securities report (XBRL)

SG&A selling, general and administrative expenses

FYE Feb 2026 ¥39bn
CAGR · 10 yrs +6.8%
Fiscal year SG&A ¥ bn YoY Basis
FYE Feb 2017 21.8 n/a Parent · Japanese GAAP
FYE Feb 2018 25.1 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 26.7 +6.5% Cons. · Japanese GAAP
FYE Feb 2020 29.0 moved to parent only Parent · Japanese GAAP
FYE Feb 2021 21.9 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 29.4 +34.2% Cons. · Japanese GAAP
FYE Feb 2023 32.5 +10.8% Cons. · Japanese GAAP
FYE Feb 2024 35.2 +8.1% Cons. · Japanese GAAP
FYE Feb 2025 37.1 +5.4% Cons. · Japanese GAAP
FYE Feb 2026 39.4 +6.3% Cons. · Japanese GAAP
Definition
The cost of selling and of running the company
Formula
SG&A line of the income statement
Source
Securities report (XBRL)

Operating profit

FYE Feb 2026 ¥9.1bn
CAGR · 10 yrs −0.0%
Fiscal year Operating profit ¥ bn YoY Basis
FYE Feb 2017 9.1 n/a Parent · Japanese GAAP
FYE Feb 2018 10.8 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 12.7 +18.0% Cons. · Japanese GAAP
FYE Feb 2020 14.4 moved to parent only Parent · Japanese GAAP
FYE Feb 2021 7.3 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 5.6 −23.4% Cons. · Japanese GAAP
FYE Feb 2023 11.5 +106.0% Cons. · Japanese GAAP
FYE Feb 2024 12.8 +10.6% Cons. · Japanese GAAP
FYE Feb 2025 13.4 +5.0% Cons. · Japanese GAAP
FYE Feb 2026 9.1 −32.0% Cons. · Japanese GAAP
Definition
What the core business earns
Formula
Gross profit − SG&A
Source
Securities report (XBRL)

Non-operating income

FYE Feb 2026 ¥130m
CAGR · 10 yrs +21.0%
Fiscal year Non-operating income ¥ m YoY Basis
FYE Feb 2017 23.3 n/a Parent · Japanese GAAP
FYE Feb 2018 23.2 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 36.8 +58.6% Cons. · Japanese GAAP
FYE Feb 2020 41.2 moved to parent only Parent · Japanese GAAP
FYE Feb 2021 38.9 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 65.5 +68.4% Cons. · Japanese GAAP
FYE Feb 2023 449 +585.6% Cons. · Japanese GAAP
FYE Feb 2024 78.6 −82.5% Cons. · Japanese GAAP
FYE Feb 2025 63.1 −19.7% Cons. · Japanese GAAP
FYE Feb 2026 130 +105.7% Cons. · Japanese GAAP
Definition
Income from outside the core business
Formula
Non-operating income line of the income statement
Source
Securities report (XBRL)

Non-operating expenses

FYE Feb 2026 ¥252m
CAGR · 10 yrs +77.9%
Fiscal year Non-operating expenses ¥ m YoY Basis
FYE Feb 2017 1.4 n/a Parent · Japanese GAAP
FYE Feb 2018 27.8 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 204 +634.4% Cons. · Japanese GAAP
FYE Feb 2020 3.9 moved to parent only Parent · Japanese GAAP
FYE Feb 2021 850 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 347 −59.2% Cons. · Japanese GAAP
FYE Feb 2023 388 +11.8% Cons. · Japanese GAAP
FYE Feb 2024 221 −43.1% Cons. · Japanese GAAP
FYE Feb 2025 211 −4.4% Cons. · Japanese GAAP
FYE Feb 2026 252 +19.1% Cons. · Japanese GAAP
Definition
Costs arising outside the core business
Formula
Non-operating expenses line of the income statement
Source
Securities report (XBRL)

Ordinary profit keijo rieki

FYE Feb 2026 ¥9.0bn
CAGR · 10 yrs −0.2%
Fiscal year Ordinary profit ¥ bn YoY Basis
FYE Feb 2017 9.1 n/a Parent · Japanese GAAP
FYE Feb 2018 10.8 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 12.6 +16.5% Cons. · Japanese GAAP
FYE Feb 2020 14.4 moved to parent only Parent · Japanese GAAP
FYE Feb 2021 6.5 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 5.3 −18.2% Cons. · Japanese GAAP
FYE Feb 2023 11.6 +118.0% Cons. · Japanese GAAP
FYE Feb 2024 12.6 +8.8% Cons. · Japanese GAAP
FYE Feb 2025 13.3 +5.1% Cons. · Japanese GAAP
FYE Feb 2026 9.0 −32.2% Cons. · Japanese GAAP
Definition
A level of profit that exists only under Japanese GAAP
Formula
Operating profit + non-operating income − non-operating expenses
Source
Securities report (XBRL)

Extraordinary income

FYE Feb 2026 ¥211m
CAGR · 9 yrs +25.4%
Fiscal year Extraordinary income ¥ m YoY Basis
FYE Feb 2017 n/a n/a Parent · Japanese GAAP
FYE Feb 2018 34.6 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 89.4 +158.6% Cons. · Japanese GAAP
FYE Feb 2020 43.3 moved to parent only Parent · Japanese GAAP
FYE Feb 2021 362 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 204 −43.7% Cons. · Japanese GAAP
FYE Feb 2023 27.8 −86.4% Cons. · Japanese GAAP
FYE Feb 2024 152 +448.1% Cons. · Japanese GAAP
FYE Feb 2025 379 +149.2% Cons. · Japanese GAAP
FYE Feb 2026 211 −44.3% Cons. · Japanese GAAP
Definition
One-off gains, such as an asset sale
Formula
Extraordinary income line of the income statement
Source
Securities report (XBRL)

Extraordinary loss

FYE Feb 2026 n/a
CAGR · 4 yrs +1713.3%
Fiscal year Extraordinary loss ¥ bn YoY Basis
FYE Feb 2017 0.0 n/a Parent · Japanese GAAP
FYE Feb 2018 n/a moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 0.1 n/a Cons. · Japanese GAAP
FYE Feb 2020 0.2 moved to parent only Parent · Japanese GAAP
FYE Feb 2021 5.7 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 n/a n/a Cons. · Japanese GAAP
FYE Feb 2023 n/a n/a Cons. · Japanese GAAP
FYE Feb 2024 n/a n/a Cons. · Japanese GAAP
FYE Feb 2025 n/a n/a Cons. · Japanese GAAP
FYE Feb 2026 n/a n/a Cons. · Japanese GAAP
Definition
One-off losses, such as an impairment or a restructuring charge
Formula
Extraordinary loss line of the income statement
Source
Securities report (XBRL)

Net profit profit attributable to owners of the parent

FYE Feb 2026 ¥6.0bn
CAGR · 10 yrs −0.4%
Fiscal year Net profit ¥ bn YoY Basis
FYE Feb 2017 6.2 n/a Parent · Japanese GAAP
FYE Feb 2018 7.5 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 8.9 +18.3% Cons. · Japanese GAAP
FYE Feb 2020 10.0 moved to parent only Parent · Japanese GAAP
FYE Feb 2021 0.6 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 3.5 +473.9% Cons. · Japanese GAAP
FYE Feb 2023 7.9 +127.5% Cons. · Japanese GAAP
FYE Feb 2024 9.1 +14.1% Cons. · Japanese GAAP
FYE Feb 2025 9.0 −1.1% Cons. · Japanese GAAP
FYE Feb 2026 6.0 −33.5% Cons. · Japanese GAAP
Definition
What is left after tax
Formula
Pre-tax profit − income taxes
Source
Securities report (XBRL)

Gross margin

FYE Feb 2026 88.5%
Average · 10 yrs 90.9%
Fiscal year Gross margin % YoY Basis
FYE Feb 2017 93.1 n/a Parent · Japanese GAAP
FYE Feb 2018 94.3 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 93.6 −0.7pp Cons. · Japanese GAAP
FYE Feb 2020 93.5 moved to parent only Parent · Japanese GAAP
FYE Feb 2021 89.8 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 88.5 −1.3pp Cons. · Japanese GAAP
FYE Feb 2023 89.3 +0.8pp Cons. · Japanese GAAP
FYE Feb 2024 89.2 −0.1pp Cons. · Japanese GAAP
FYE Feb 2025 89.6 +0.4pp Cons. · Japanese GAAP
FYE Feb 2026 88.5 −1.1pp Cons. · Japanese GAAP
Definition
The share of revenue left after the cost of sales
Formula
Gross profit ÷ revenue
Source
Securities report (XBRL)

Operating margin

FYE Feb 2026 16.6%
Average · 10 yrs 24.1%
Fiscal year Operating margin % YoY Basis
FYE Feb 2017 27.5 n/a Parent · Japanese GAAP
FYE Feb 2018 28.4 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 30.2 +1.8pp Cons. · Japanese GAAP
FYE Feb 2020 30.9 moved to parent only Parent · Japanese GAAP
FYE Feb 2021 22.5 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 14.2 −8.3pp Cons. · Japanese GAAP
FYE Feb 2023 23.4 +9.2pp Cons. · Japanese GAAP
FYE Feb 2024 23.7 +0.4pp Cons. · Japanese GAAP
FYE Feb 2025 23.8 −0.0pp Cons. · Japanese GAAP
FYE Feb 2026 16.6 −7.2pp Cons. · Japanese GAAP
Definition
The share of revenue the core business keeps
Formula
Operating profit ÷ revenue
Source
Securities report (XBRL)

Ordinary margin

FYE Feb 2026 16.4%
Average · 10 yrs 23.7%
Fiscal year Ordinary margin % YoY Basis
FYE Feb 2017 27.6 n/a Parent · Japanese GAAP
FYE Feb 2018 28.4 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 29.8 +1.5pp Cons. · Japanese GAAP
FYE Feb 2020 31.0 moved to parent only Parent · Japanese GAAP
FYE Feb 2021 20.0 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 13.5 −6.5pp Cons. · Japanese GAAP
FYE Feb 2023 23.5 +10.0pp Cons. · Japanese GAAP
FYE Feb 2024 23.5 −0.0pp Cons. · Japanese GAAP
FYE Feb 2025 23.5 −0.0pp Cons. · Japanese GAAP
FYE Feb 2026 16.4 −7.1pp Cons. · Japanese GAAP
Definition
The share of revenue left at the ordinary-profit line
Formula
Ordinary profit ÷ revenue
Source
Securities report (XBRL)

Net margin

FYE Feb 2026 10.9%
Average · 10 yrs 15.1%
Fiscal year Net margin % YoY Basis
FYE Feb 2017 18.6 n/a Parent · Japanese GAAP
FYE Feb 2018 19.8 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 21.1 +1.3pp Cons. · Japanese GAAP
FYE Feb 2020 21.6 moved to parent only Parent · Japanese GAAP
FYE Feb 2021 1.9 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 8.8 +7.0pp Cons. · Japanese GAAP
FYE Feb 2023 16.1 +7.3pp Cons. · Japanese GAAP
FYE Feb 2024 16.8 +0.8pp Cons. · Japanese GAAP
FYE Feb 2025 15.9 −1.0pp Cons. · Japanese GAAP
FYE Feb 2026 10.9 −5.0pp Cons. · Japanese GAAP
Definition
The share of revenue left after everything
Formula
Net profit ÷ revenue
Source
Securities report (XBRL)

Cost-of-sales ratio

FYE Feb 2026 11.5%
Average · 10 yrs 9.1%
Fiscal year Cost-of-sales ratio % YoY Basis
FYE Feb 2017 6.9 n/a Parent · Japanese GAAP
FYE Feb 2018 5.7 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 6.4 +0.7pp Cons. · Japanese GAAP
FYE Feb 2020 6.5 moved to parent only Parent · Japanese GAAP
FYE Feb 2021 10.2 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 11.5 +1.3pp Cons. · Japanese GAAP
FYE Feb 2023 10.7 −0.8pp Cons. · Japanese GAAP
FYE Feb 2024 10.8 +0.1pp Cons. · Japanese GAAP
FYE Feb 2025 10.4 −0.4pp Cons. · Japanese GAAP
FYE Feb 2026 11.5 +1.1pp Cons. · Japanese GAAP
Definition
The share of revenue taken by the cost of sales
Formula
Cost of sales ÷ revenue
Source
Securities report (XBRL)

SG&A ratio

FYE Feb 2026 71.9%
Average · 10 yrs 66.8%
Fiscal year SG&A ratio % YoY Basis
FYE Feb 2017 65.6 n/a Parent · Japanese GAAP
FYE Feb 2018 65.9 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 63.4 −2.5pp Cons. · Japanese GAAP
FYE Feb 2020 62.5 moved to parent only Parent · Japanese GAAP
FYE Feb 2021 67.3 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 74.3 +7.0pp Cons. · Japanese GAAP
FYE Feb 2023 65.9 −8.4pp Cons. · Japanese GAAP
FYE Feb 2024 65.4 −0.5pp Cons. · Japanese GAAP
FYE Feb 2025 65.8 +0.4pp Cons. · Japanese GAAP
FYE Feb 2026 71.9 +6.1pp Cons. · Japanese GAAP
Definition
The share of revenue taken by selling and administrative costs
Formula
SG&A ÷ revenue
Source
Securities report (XBRL)

Balance sheet Assets, debt and equity, and what they say about financial strength

What the balance sheet is made of

¥ bn
Equity Liabilities and non-controlling interests

Financial strength

%
Equity ratio

Total assets

FYE Feb 2026 ¥50bn
CAGR · 8 yrs +8.6%
Fiscal year Total assets ¥ bn YoY Basis
FYE Feb 2017 n/a n/a Cons. · Japanese GAAP
FYE Feb 2018 28.0 n/a Cons. · Japanese GAAP
FYE Feb 2019 33.5 +19.6% Cons. · Japanese GAAP
FYE Feb 2020 n/a n/a Cons. · Japanese GAAP
FYE Feb 2021 35.9 n/a Cons. · Japanese GAAP
FYE Feb 2022 42.5 +18.4% Cons. · Japanese GAAP
FYE Feb 2023 50.2 +18.2% Cons. · Japanese GAAP
FYE Feb 2024 50.8 +1.2% Cons. · Japanese GAAP
FYE Feb 2025 50.5 −0.5% Cons. · Japanese GAAP
FYE Feb 2026 50.0 −1.1% Cons. · Japanese GAAP
Definition
Everything the company holds
Formula
Total assets line of the balance sheet
Source
Securities report (XBRL)

Equity net assets, shareholders' equity

FYE Feb 2026 ¥37bn
CAGR · 10 yrs +10.5%
Fiscal year Equity ¥ bn YoY Basis
FYE Feb 2017 15.2 n/a Cons. · Japanese GAAP
FYE Feb 2018 20.9 +37.6% Cons. · Japanese GAAP
FYE Feb 2019 25.6 +22.6% Cons. · Japanese GAAP
FYE Feb 2020 30.8 +20.3% Cons. · Japanese GAAP
FYE Feb 2021 31.2 +1.0% Cons. · Japanese GAAP
FYE Feb 2022 33.0 +5.8% Cons. · Japanese GAAP
FYE Feb 2023 38.2 +15.9% Cons. · Japanese GAAP
FYE Feb 2024 39.7 +3.8% Cons. · Japanese GAAP
FYE Feb 2025 36.2 −8.7% Cons. · Japanese GAAP
FYE Feb 2026 37.2 +2.7% Cons. · Japanese GAAP
Definition
The part of the funding that never has to be repaid
Formula
Net assets line of the balance sheet
Source
Securities report (XBRL)

Intangible assets

FYE Feb 2026 ¥12bn
CAGR · 8 yrs +18.0%
Fiscal year Intangible assets ¥ bn YoY Basis
FYE Feb 2017 n/a n/a Cons. · Japanese GAAP
FYE Feb 2018 3.8 n/a Cons. · Japanese GAAP
FYE Feb 2019 4.6 +19.6% Cons. · Japanese GAAP
FYE Feb 2020 n/a n/a Cons. · Japanese GAAP
FYE Feb 2021 6.8 n/a Cons. · Japanese GAAP
FYE Feb 2022 7.7 +13.3% Cons. · Japanese GAAP
FYE Feb 2023 8.5 +10.2% Cons. · Japanese GAAP
FYE Feb 2024 9.6 +12.9% Cons. · Japanese GAAP
FYE Feb 2025 11.2 +16.3% Cons. · Japanese GAAP
FYE Feb 2026 12.2 +8.6% Cons. · Japanese GAAP
Definition
Assets with no physical form
Formula
Intangible assets line of the balance sheet
Source
Securities report (XBRL)

Equity ratio

FYE Feb 2026 74.4%
Average · 8 yrs 77.0%
Fiscal year Equity ratio % YoY Basis
FYE Feb 2017 n/a n/a Cons. · Japanese GAAP
FYE Feb 2018 74.6 n/a Cons. · Japanese GAAP
FYE Feb 2019 76.5 +1.9pp Cons. · Japanese GAAP
FYE Feb 2020 n/a n/a Cons. · Japanese GAAP
FYE Feb 2021 86.9 n/a Cons. · Japanese GAAP
FYE Feb 2022 77.7 −9.2pp Cons. · Japanese GAAP
FYE Feb 2023 76.2 −1.5pp Cons. · Japanese GAAP
FYE Feb 2024 78.2 +2.0pp Cons. · Japanese GAAP
FYE Feb 2025 71.7 −6.5pp Cons. · Japanese GAAP
FYE Feb 2026 74.4 +2.7pp Cons. · Japanese GAAP
Definition
How much of the balance sheet is funded without debt
Formula
Equity ÷ total assets
Source
Securities report (XBRL)

ROE return on equity

FYE Feb 2026 16.0%
Average · 10 yrs 24.1%
Fiscal year ROE % YoY Basis
FYE Feb 2017 40.6 n/a Parent · Japanese GAAP
FYE Feb 2018 36.0 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 34.8 −1.3pp Cons. · Japanese GAAP
FYE Feb 2020 32.5 moved to parent only Parent · Japanese GAAP
FYE Feb 2021 2.0 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 10.6 +8.6pp Cons. · Japanese GAAP
FYE Feb 2023 20.8 +10.2pp Cons. · Japanese GAAP
FYE Feb 2024 22.8 +2.0pp Cons. · Japanese GAAP
FYE Feb 2025 24.7 +1.9pp Cons. · Japanese GAAP
FYE Feb 2026 16.0 −8.7pp Cons. · Japanese GAAP
Definition
What the shareholders' capital earns
Formula
Net profit ÷ equity
Source
Securities report (XBRL)

ROA return on assets

FYE Feb 2026 11.9%
Average · 8 yrs 15.8%
Fiscal year ROA % YoY Basis
FYE Feb 2017 n/a n/a Parent · Japanese GAAP
FYE Feb 2018 26.9 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 26.6 −0.3pp Cons. · Japanese GAAP
FYE Feb 2020 n/a moved to parent only Parent · Japanese GAAP
FYE Feb 2021 1.7 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 8.2 +6.5pp Cons. · Japanese GAAP
FYE Feb 2023 15.8 +7.6pp Cons. · Japanese GAAP
FYE Feb 2024 17.8 +2.0pp Cons. · Japanese GAAP
FYE Feb 2025 17.7 −0.1pp Cons. · Japanese GAAP
FYE Feb 2026 11.9 −5.8pp Cons. · Japanese GAAP
Definition
What the whole balance sheet earns
Formula
Net profit ÷ total assets
Source
Securities report (XBRL)

Asset turnover

FYE Feb 2026 1.10×
CAGR · 8 yrs −3.0%
Fiscal year Asset turnover × YoY Basis
FYE Feb 2017 n/a n/a Parent · Japanese GAAP
FYE Feb 2018 1.36 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 1.26 −7.4% Cons. · Japanese GAAP
FYE Feb 2020 n/a moved to parent only Parent · Japanese GAAP
FYE Feb 2021 0.91 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 0.93 +2.7% Cons. · Japanese GAAP
FYE Feb 2023 0.98 +5.7% Cons. · Japanese GAAP
FYE Feb 2024 1.06 +7.7% Cons. · Japanese GAAP
FYE Feb 2025 1.12 +5.4% Cons. · Japanese GAAP
FYE Feb 2026 1.10 −1.6% Cons. · Japanese GAAP
Definition
How much revenue each yen of assets produces
Formula
Revenue ÷ total assets
Source
Securities report (XBRL)

Cash flow statement Cash from operations, investment and financing, and what is left on hand

The three cash flows

¥ bn
Operating CF Investing CF Financing CF

Cash against debt

¥ bn
Cash and equivalents

Operating cash flow

FYE Feb 2026 ¥10.0bn
CAGR · 10 yrs +2.3%
Fiscal year Operating cash flow ¥ bn YoY Basis
FYE Feb 2017 8.1 n/a Parent · Japanese GAAP
FYE Feb 2018 9.7 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 10.9 +12.3% Cons. · Japanese GAAP
FYE Feb 2020 12.4 moved to parent only Parent · Japanese GAAP
FYE Feb 2021 5.9 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 10.5 +77.5% Cons. · Japanese GAAP
FYE Feb 2023 13.2 +26.0% Cons. · Japanese GAAP
FYE Feb 2024 9.5 −27.8% Cons. · Japanese GAAP
FYE Feb 2025 16.5 +72.7% Cons. · Japanese GAAP
FYE Feb 2026 10.0 −39.4% Cons. · Japanese GAAP
Definition
Cash the business itself generated
Formula
Cash flow from operating activities
Source
Securities report (XBRL)

Investing cash flow

FYE Feb 2026 -¥11bn
Average · 10 yrs -¥5.8bn
Fiscal year Investing cash flow ¥ bn YoY Basis
FYE Feb 2017 -2.3 n/a Parent · Japanese GAAP
FYE Feb 2018 -4.4 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 -6.4 n/a Cons. · Japanese GAAP
FYE Feb 2020 -3.4 moved to parent only Parent · Japanese GAAP
FYE Feb 2021 -9.6 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 -3.9 n/a Cons. · Japanese GAAP
FYE Feb 2023 -4.1 n/a Cons. · Japanese GAAP
FYE Feb 2024 -7.4 n/a Cons. · Japanese GAAP
FYE Feb 2025 -5.2 n/a Cons. · Japanese GAAP
FYE Feb 2026 -11.1 n/a Cons. · Japanese GAAP
Definition
Cash spent on, or released by, investment
Formula
Cash flow from investing activities
Source
Securities report (XBRL)

Financing cash flow

FYE Feb 2026 -¥5.0bn
Average · 10 yrs -¥4.7bn
Fiscal year Financing cash flow ¥ bn YoY Basis
FYE Feb 2017 -1.7 n/a Parent · Japanese GAAP
FYE Feb 2018 -2.0 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 -4.4 n/a Cons. · Japanese GAAP
FYE Feb 2020 -4.5 moved to parent only Parent · Japanese GAAP
FYE Feb 2021 -3.0 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 -2.5 n/a Cons. · Japanese GAAP
FYE Feb 2023 -3.7 n/a Cons. · Japanese GAAP
FYE Feb 2024 -8.0 n/a Cons. · Japanese GAAP
FYE Feb 2025 -12.2 n/a Cons. · Japanese GAAP
FYE Feb 2026 -5.0 n/a Cons. · Japanese GAAP
Definition
Cash raised from, or returned to, lenders and shareholders
Formula
Cash flow from financing activities
Source
Securities report (XBRL)

Cash and equivalents

FYE Feb 2026 ¥9.0bn
CAGR · 10 yrs −2.5%
Fiscal year Cash and equivalents ¥ bn YoY Basis
FYE Feb 2017 11.3 n/a Parent · Japanese GAAP
FYE Feb 2018 14.7 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 14.9 +1.4% Cons. · Japanese GAAP
FYE Feb 2020 19.2 moved to parent only Parent · Japanese GAAP
FYE Feb 2021 12.5 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 16.6 +33.0% Cons. · Japanese GAAP
FYE Feb 2023 22.0 +32.6% Cons. · Japanese GAAP
FYE Feb 2024 16.1 −26.7% Cons. · Japanese GAAP
FYE Feb 2025 15.2 −6.0% Cons. · Japanese GAAP
FYE Feb 2026 9.0 −40.4% Cons. · Japanese GAAP
Definition
Cash on hand at the year end
Formula
Closing balance in the cash flow statement
Source
Securities report (XBRL)

Free cash flow

FYE Feb 2026 -¥1.1bn
Average · 10 yrs ¥4.9bn
Fiscal year FCF ¥ bn YoY Basis
FYE Feb 2017 5.8 n/a Parent · Japanese GAAP
FYE Feb 2018 5.4 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 4.6 −14.9% Cons. · Japanese GAAP
FYE Feb 2020 9.0 moved to parent only Parent · Japanese GAAP
FYE Feb 2021 -3.7 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 6.6 n/a Cons. · Japanese GAAP
FYE Feb 2023 9.1 +36.9% Cons. · Japanese GAAP
FYE Feb 2024 2.2 −76.2% Cons. · Japanese GAAP
FYE Feb 2025 11.2 +418.2% Cons. · Japanese GAAP
FYE Feb 2026 -1.1 −109.9% Cons. · Japanese GAAP
Definition
What is left once the business has paid for its own investment
Formula
Operating cash flow + investing cash flow
Source
Securities report (XBRL)

Operating cash flow margin

FYE Feb 2026 18.2%
Average · 10 yrs 23.9%
Fiscal year OCF margin % YoY Basis
FYE Feb 2017 24.4 n/a Parent · Japanese GAAP
FYE Feb 2018 25.6 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2019 25.9 +0.3pp Cons. · Japanese GAAP
FYE Feb 2020 26.7 moved to parent only Parent · Japanese GAAP
FYE Feb 2021 18.2 moved to consolidated Cons. · Japanese GAAP
FYE Feb 2022 26.5 +8.4pp Cons. · Japanese GAAP
FYE Feb 2023 26.8 +0.2pp Cons. · Japanese GAAP
FYE Feb 2024 17.7 −9.0pp Cons. · Japanese GAAP
FYE Feb 2025 29.2 +11.5pp Cons. · Japanese GAAP
FYE Feb 2026 18.2 −11.0pp Cons. · Japanese GAAP
Definition
How much of the revenue turned into cash
Formula
Operating cash flow ÷ revenue
Source
Securities report (XBRL)

Shares and share price Shares outstanding, price, market capitalisation and the valuation multiples

Market capitalisation

FYE Feb 2026 ¥122bn
Change · 8 yrs −¥85bn
Fiscal year Market capitalisation ¥ bn Basis
FYE Feb 2017 n/a n/a
FYE Feb 2018 207 n/a
FYE Feb 2019 122 n/a
FYE Feb 2020 n/a n/a
FYE Feb 2021 174 n/a
FYE Feb 2022 204 n/a
FYE Feb 2023 212 n/a
FYE Feb 2024 157 n/a
FYE Feb 2025 129 n/a
FYE Feb 2026 122 n/a
Definition
What the market says the company is worth
Formula
Year-end share price × shares outstanding
Source
Securities report (XBRL)

Share price year-end close

FYE Feb 2026 2,026¥
Change · 8 yrs −1,305¥
Fiscal year Share price ¥ Basis
FYE Feb 2017 n/a n/a
FYE Feb 2018 3,331 n/a
FYE Feb 2019 1,962 n/a
FYE Feb 2020 n/a n/a
FYE Feb 2021 2,898 n/a
FYE Feb 2022 3,390 n/a
FYE Feb 2023 3,523 n/a
FYE Feb 2024 2,615 n/a
FYE Feb 2025 2,139 n/a
FYE Feb 2026 2,026 n/a
Definition
The closing price on the last day of the fiscal year
Formula
Year-end closing price
Source
Securities report (XBRL)

Shares outstanding

FYE Feb 2026 60,140,000shares
Change · 10 yrs −1,860,000 shares
Fiscal year Shares outstanding shares Basis
FYE Feb 2017 62,000,000 Parent
FYE Feb 2018 62,000,000 Parent
FYE Feb 2019 62,000,000 Parent
FYE Feb 2020 62,000,000 Parent
FYE Feb 2021 60,140,000 Parent
FYE Feb 2022 60,140,000 Parent
FYE Feb 2023 60,140,000 Parent
FYE Feb 2024 60,140,000 Parent
FYE Feb 2025 60,140,000 Parent
FYE Feb 2026 60,140,000 Parent
Definition
How many shares exist
Formula
Shares issued, from the key figures of the filing
Source
Securities report (XBRL)

EPS earnings per share

FYE Feb 2026 113.81¥
Change · 8 yrs −21.59¥
Fiscal year EPS ¥ Basis
FYE Feb 2017 n/a Cons.
FYE Feb 2018 135.40 Cons.
FYE Feb 2019 160.86 Cons.
FYE Feb 2020 n/a Cons.
FYE Feb 2021 11.09 Cons.
FYE Feb 2022 62.77 Cons.
FYE Feb 2023 142.04 Cons.
FYE Feb 2024 163.44 Cons.
FYE Feb 2025 168.41 Cons.
FYE Feb 2026 113.81 Cons.
Definition
Net profit for each share
Formula
Net profit ÷ average shares outstanding
Source
Securities report (XBRL)

BPS book value per share

FYE Feb 2026 618.27¥
Change · 10 yrs +373.22¥
Fiscal year BPS ¥ Basis
FYE Feb 2017 245.05 Cons. · Japanese GAAP
FYE Feb 2018 337.17 Cons. · Japanese GAAP
FYE Feb 2019 413.43 Cons. · Japanese GAAP
FYE Feb 2020 497.56 Cons. · Japanese GAAP
FYE Feb 2021 518.15 Cons. · Japanese GAAP
FYE Feb 2022 548.27 Cons. · Japanese GAAP
FYE Feb 2023 635.60 Cons. · Japanese GAAP
FYE Feb 2024 659.99 Cons. · Japanese GAAP
FYE Feb 2025 602.30 Cons. · Japanese GAAP
FYE Feb 2026 618.27 Cons. · Japanese GAAP
Definition
Equity behind each share
Formula
Equity ÷ shares outstanding
Source
Securities report (XBRL)

PER price-to-earnings ratio

FYE Feb 2026 17.80×
Average · 8 yrs 52.93×
Fiscal year PER × Basis
FYE Feb 2017 n/a Cons.
FYE Feb 2018 24.60 Cons.
FYE Feb 2019 12.20 Cons.
FYE Feb 2020 n/a Cons.
FYE Feb 2021 261.30 Cons.
FYE Feb 2022 54.00 Cons.
FYE Feb 2023 24.80 Cons.
FYE Feb 2024 16.00 Cons.
FYE Feb 2025 12.70 Cons.
FYE Feb 2026 17.80 Cons.
Definition
How many years of earnings the price stands for
Formula
Year-end price ÷ EPS
Source
Securities report (XBRL)

PBR price-to-book ratio

FYE Feb 2026 2.88×
Average · 8 yrs 4.94×
Fiscal year PBR × Basis
FYE Feb 2017 n/a Cons.
FYE Feb 2018 9.16 Cons.
FYE Feb 2019 4.37 Cons.
FYE Feb 2020 n/a Cons.
FYE Feb 2021 5.30 Cons.
FYE Feb 2022 5.83 Cons.
FYE Feb 2023 5.23 Cons.
FYE Feb 2024 3.65 Cons.
FYE Feb 2025 3.12 Cons.
FYE Feb 2026 2.88 Cons.
Definition
The price measured against the book value behind it
Formula
Year-end price ÷ BPS
Source
Securities report (XBRL)

Workforce and productivity Headcount, pay and what each employee accounts for

Group employees

FYE Feb 2026 2,663people
Change · 8 yrs +1,183 people
Fiscal year Group employees people YoY Basis
FYE Feb 2017 n/a n/a Cons.
FYE Feb 2018 1,480 n/a Cons.
FYE Feb 2019 1,635 +10.5% Cons.
FYE Feb 2020 n/a n/a Cons.
FYE Feb 2021 2,110 n/a Cons.
FYE Feb 2022 1,969 −6.7% Cons.
FYE Feb 2023 2,316 +17.6% Cons.
FYE Feb 2024 2,699 +16.5% Cons.
FYE Feb 2025 2,530 −6.3% Cons.
FYE Feb 2026 2,663 +5.3% Cons.
Definition
Everyone employed across the group
Formula
Consolidated headcount, from the employee section of the filing
Source
Securities report (XBRL)

Parent-company employees

FYE Feb 2026 2,663people
Change · 10 yrs +1,325 people
Fiscal year Parent-company employees people YoY Basis
FYE Feb 2017 1,338 n/a Parent
FYE Feb 2018 1,476 +10.3% Parent
FYE Feb 2019 1,629 +10.4% Parent
FYE Feb 2020 1,873 +15.0% Parent
FYE Feb 2021 2,110 +12.7% Parent
FYE Feb 2022 1,969 −6.7% Parent
FYE Feb 2023 2,316 +17.6% Parent
FYE Feb 2024 2,699 +16.5% Parent
FYE Feb 2025 2,530 −6.3% Parent
FYE Feb 2026 2,663 +5.3% Parent
Definition
Employees of the filing company itself
Formula
Parent-only headcount, from the employee section of the filing
Source
Securities report (XBRL)

Average annual pay parent company

FYE Feb 2026 531万円
Change · 7 yrs +58万円
Fiscal year Average annual pay 万円 YoY Basis
FYE Feb 2017 n/a n/a Parent
FYE Feb 2018 n/a n/a Parent
FYE Feb 2019 n/a n/a Parent
FYE Feb 2020 473 n/a Parent
FYE Feb 2021 466 −1.6% Parent
FYE Feb 2022 490 +5.3% Parent
FYE Feb 2023 509 +3.8% Parent
FYE Feb 2024 533 +4.7% Parent
FYE Feb 2025 525 −1.5% Parent
FYE Feb 2026 531 +1.3% Parent
Definition
Average total annual compensation, bonuses included
Formula
Average annual pay, from the employee section of the filing
Source
Securities report (XBRL)

Average age

FYE Feb 2026 30.5years
Change · 7 yrs +1.5 years
Fiscal year Average age years YoY Basis
FYE Feb 2017 n/a n/a Parent
FYE Feb 2018 n/a n/a Parent
FYE Feb 2019 n/a n/a Parent
FYE Feb 2020 29.0 n/a Parent
FYE Feb 2021 29.2 +0.7% Parent
FYE Feb 2022 30.2 +3.4% Parent
FYE Feb 2023 30.1 −0.3% Parent
FYE Feb 2024 29.8 −1.0% Parent
FYE Feb 2025 30.3 +1.7% Parent
FYE Feb 2026 30.5 +0.7% Parent
Definition
Average age of the parent company's employees
Formula
Average age, from the employee section of the filing
Source
Securities report (XBRL)

Average length of service

FYE Feb 2026 5.6years
Change · 7 yrs +0.9 years
Fiscal year Average length of service years YoY Basis
FYE Feb 2017 n/a n/a Parent
FYE Feb 2018 n/a n/a Parent
FYE Feb 2019 n/a n/a Parent
FYE Feb 2020 4.7 n/a Parent
FYE Feb 2021 4.7 −0.0% Parent
FYE Feb 2022 5.5 +17.0% Parent
FYE Feb 2023 5.2 −5.5% Parent
FYE Feb 2024 5.1 −1.9% Parent
FYE Feb 2025 5.6 +9.8% Parent
FYE Feb 2026 5.6 −0.0% Parent
Definition
How long the average employee has been with the company
Formula
Average years of service, from the employee section of the filing
Source
Securities report (XBRL)

Temporary employees

FYE Feb 2026 270people
Change · 8 yrs +35 people
Fiscal year Temporary employees people YoY Basis
FYE Feb 2017 n/a n/a n/a
FYE Feb 2018 235 n/a n/a
FYE Feb 2019 254 +8.1% n/a
FYE Feb 2020 n/a n/a n/a
FYE Feb 2021 195 n/a n/a
FYE Feb 2022 247 +26.7% n/a
FYE Feb 2023 355 +43.7% n/a
FYE Feb 2024 380 +7.0% n/a
FYE Feb 2025 318 −16.3% n/a
FYE Feb 2026 270 −15.1% n/a
Definition
Average number of temporary and part-time staff over the year
Formula
Average temporary headcount, from the employee section of the filing
Source
Securities report (XBRL)

Revenue per employee

FYE Feb 2026 ¥20.6m
Change · 8 yrs −¥5.1m
Fiscal year Revenue per employee ¥ m YoY Basis
FYE Feb 2017 n/a n/a Parent
FYE Feb 2018 25.7 moved to consolidated Cons.
FYE Feb 2019 25.8 +0.3% Cons.
FYE Feb 2020 n/a moved to parent only Parent
FYE Feb 2021 15.4 moved to consolidated Cons.
FYE Feb 2022 20.1 +30.3% Cons.
FYE Feb 2023 21.3 +6.2% Cons.
FYE Feb 2024 19.9 −6.5% Cons.
FYE Feb 2025 22.3 +11.8% Cons.
FYE Feb 2026 20.6 −7.6% Cons.
Definition
What each employee accounts for in revenue
Formula
Revenue ÷ group employees
Source
Securities report (XBRL)

Operating profit per employee

FYE Feb 2026 ¥3.4m
Change · 8 yrs −¥3.9m
Fiscal year OP per employee ¥ m YoY Basis
FYE Feb 2017 n/a n/a Parent
FYE Feb 2018 7.3 moved to consolidated Cons.
FYE Feb 2019 7.8 +6.8% Cons.
FYE Feb 2020 n/a moved to parent only Parent
FYE Feb 2021 3.5 moved to consolidated Cons.
FYE Feb 2022 2.8 −17.9% Cons.
FYE Feb 2023 5.0 +75.1% Cons.
FYE Feb 2024 4.7 −5.1% Cons.
FYE Feb 2025 5.3 +12.1% Cons.
FYE Feb 2026 3.4 −35.4% Cons.
Definition
What each employee accounts for in operating profit
Formula
Operating profit ÷ group employees
Source
Securities report (XBRL)

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