Annual report

Period2025-01-01 → 2025-12-31

Filed2026-03-25

StandardIFRS

ConsolidatedYes

Data checks21 of 21 passed

Key figures · 142

Metric	Value	Period	Scope	Source row
Revenue	¥5.3bn	2025-01-01 → 2025-12-31	Cons.	Revenue IFRS
Revenue	¥5.9bn	2024-01-01 → 2024-12-31	Cons.	Revenue IFRS
Revenue	¥7.6bn	2023-01-01 → 2023-12-31^v	Cons.	Revenue IFRS (5-year summary)
Revenue	¥9.1bn	2022-01-01 → 2022-12-31^v	Cons.	Revenue IFRS (5-year summary)
Revenue	¥10.0bn	2021-01-01 → 2021-12-31^d	Cons.	Revenue IFRS (5-year summary)
Operating income	¥264m	2025-01-01 → 2025-12-31	Cons.	Operating profit loss IFRS
Operating income	¥674m	2024-01-01 → 2024-12-31	Cons.	Operating profit loss IFRS
Profit before tax	¥1.1bn	2025-01-01 → 2025-12-31	Cons.	Profit loss before tax IFRS
Profit before tax	¥1.1bn	2024-01-01 → 2024-12-31	Cons.	Profit loss before tax IFRS
Profit before tax	−¥2.4bn	2023-01-01 → 2023-12-31^v	Cons.	Profit loss before tax IFRS (5-year summary)
Profit before tax	−¥3.5bn	2022-01-01 → 2022-12-31^v	Cons.	Profit loss before tax IFRS (5-year summary)
Profit before tax	−¥2.6bn	2021-01-01 → 2021-12-31^d	Cons.	Profit loss before tax IFRS (5-year summary)
Net income (owners)	¥741m	2025-01-01 → 2025-12-31	Cons.	Profit loss attributable to owners of parent IFRS
Net income (owners)	¥1.3bn	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent IFRS
Net income (owners)	−¥2.2bn	2023-01-01 → 2023-12-31^v	Cons.	Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)	−¥3.5bn	2022-01-01 → 2022-12-31^v	Cons.	Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)	−¥2.4bn	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent IFRS (5-year summary)
Net income	¥741m	2025-01-01 → 2025-12-31	Cons.	Profit loss IFRS
Net income	¥1.3bn	2024-01-01 → 2024-12-31	Cons.	Profit loss IFRS
Net income	−¥2.2bn	2023-01-01 → 2023-12-31^v	Cons.	Profit loss IFRS (5-year summary)
Net income	−¥3.6bn	2022-01-01 → 2022-12-31^v	Cons.	Profit loss IFRS (5-year summary)
Net income	−¥3.0bn	2021-01-01 → 2021-12-31^d	Cons.	Profit loss IFRS (5-year summary)
Total assets	¥14.1bn	at 2025-12-31	Cons.	Assets IFRS
Total assets	¥15.0bn	at 2024-12-31	Cons.	Assets IFRS
Total assets	¥14.6bn	at 2023-12-31^v	Cons.	Total assets IFRS (5-year summary)
Total assets	¥20.2bn	at 2022-12-31^v	Cons.	Total assets IFRS (5-year summary)
Total assets	¥23.9bn	at 2021-12-31^d	Cons.	Total assets IFRS (5-year summary)
Total liabilities	¥1.2bn	at 2025-12-31	Cons.	Liabilities IFRS
Total liabilities	¥1.4bn	at 2024-12-31	Cons.	Liabilities IFRS
Net assets / equity	¥12.9bn	at 2025-12-31	Cons.	Equity IFRS
Net assets / equity	¥13.6bn	at 2024-12-31	Cons.	Equity IFRS
Net assets / equity	¥13.7bn	at 2023-12-31^v	Cons.	Equity IFRS
Equity (owners)	¥12.9bn	at 2025-12-31	Cons.	Equity attributable to owners of parent IFRS
Equity (owners)	¥13.6bn	at 2024-12-31	Cons.	Equity attributable to owners of parent IFRS
Equity (owners)	¥13.7bn	at 2023-12-31^v	Cons.	Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)	¥17.8bn	at 2022-12-31^v	Cons.	Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)	¥21.0bn	at 2021-12-31^d	Cons.	Equity attributable to owners of parent IFRS (5-year summary)
Cash & equivalents	¥5.9bn	at 2025-12-31	Cons.	Cash and cash equivalents IFRS
Cash & equivalents	¥12.1bn	at 2024-12-31	Cons.	Cash and cash equivalents IFRS
Cash & equivalents	¥12.0bn	at 2023-12-31^v	Cons.	Cash and cash equivalents IFRS
Cash & equivalents	¥16.8bn	at 2022-12-31^v	Cons.	Cash and cash equivalents IFRS (5-year summary)
Cash & equivalents	¥20.4bn	at 2021-12-31^d	Cons.	Cash and cash equivalents IFRS (5-year summary)
Operating cash flow	¥578m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in operating activities IFRS
Operating cash flow	¥1.5bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities IFRS
Operating cash flow	−¥2.2bn	2023-01-01 → 2023-12-31^v	Cons.	Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow	−¥2.7bn	2022-01-01 → 2022-12-31^v	Cons.	Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow	−¥1.8bn	2021-01-01 → 2021-12-31^d	Cons.	Cash flows from used in operating activities IFRS (5-year summary)
Investing cash flow	−¥4.9bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in investing activities IFRS
Investing cash flow	¥193m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investing activities IFRS
Investing cash flow	−¥532m	2023-01-01 → 2023-12-31^v	Cons.	Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow	−¥262m	2022-01-01 → 2022-12-31^v	Cons.	Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow	−¥336m	2021-01-01 → 2021-12-31^d	Cons.	Cash flows from used in investing activities IFRS (5-year summary)
Financing cash flow	−¥1.9bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in financing activities IFRS
Financing cash flow	−¥2.3bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities IFRS
Financing cash flow	−¥3.1bn	2023-01-01 → 2023-12-31^v	Cons.	Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow	−¥976m	2022-01-01 → 2022-12-31^v	Cons.	Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow	−¥1.1bn	2021-01-01 → 2021-12-31^d	Cons.	Cash flows from used in financing activities IFRS (5-year summary)
EPS (basic)	¥9.55	2025-01-01 → 2025-12-31	Cons.	Basic earnings loss per share IFRS
EPS (basic)	¥15.58	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share IFRS
EPS (basic)	¥-23.21	2023-01-01 → 2023-12-31^v	Cons.	Basic earnings loss per share IFRS (5-year summary)
EPS (basic)	¥-33.47	2022-01-01 → 2022-12-31^v	Cons.	Basic earnings loss per share IFRS (5-year summary)
EPS (basic)	¥-22.41	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share IFRS (5-year summary)
EPS (diluted)	¥-22.41	2021-01-01 → 2021-12-31^d	Cons.	Diluted earnings loss per share IFRS (5-year summary)
Net assets per share	¥175.06	at 2025-12-31	Cons.	Equity to asset ratio IFRS (5-year summary)
Net assets per share	¥164.53	at 2024-12-31	Cons.	Equity to asset ratio IFRS (5-year summary)
Net assets per share	¥146.24	at 2023-12-31^v	Cons.	Equity to asset ratio IFRS (5-year summary)
Net assets per share	¥169.52	at 2022-12-31^v	Cons.	Equity to asset ratio IFRS (5-year summary)
Net assets per share	¥201.22	at 2021-12-31^d	Cons.	Equity to asset ratio IFRS (5-year summary)
Equity ratio	91.5%	at 2025-12-31	Cons.	Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio	90.7%	at 2024-12-31	Cons.	Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio	94.0%	at 2023-12-31^v	Cons.	Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio	88.1%	at 2022-12-31^v	Cons.	Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio	88.1%	at 2021-12-31^d	Cons.	Ratio of owners equity to gross assets IFRS (5-year summary)
ROE	5.6%	2025-01-01 → 2025-12-31	Cons.	Rate of return on equity IFRS (5-year summary)
ROE	9.7%	2024-01-01 → 2024-12-31	Cons.	Rate of return on equity IFRS (5-year summary)
ROE	-14.2%	2023-01-01 → 2023-12-31^v	Cons.	Rate of return on equity IFRS (5-year summary)
ROE	-18.0%	2022-01-01 → 2022-12-31^v	Cons.	Rate of return on equity IFRS (5-year summary)
ROE	-10.7%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity IFRS (5-year summary)
Employees	101	at 2025-12-31	Cons.	Number of employees
Revenue	¥5.3bn	2025-01-01 → 2025-12-31	Standalone	Net sales
Revenue	¥5.9bn	2024-01-01 → 2024-12-31	Standalone	Net sales
Revenue	¥7.3bn	2023-01-01 → 2023-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥8.7bn	2022-01-01 → 2022-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥9.5bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥281m	2025-01-01 → 2025-12-31	Standalone	Operating income
Operating income	¥693m	2024-01-01 → 2024-12-31	Standalone	Operating income
Ordinary income	¥1.2bn	2025-01-01 → 2025-12-31	Standalone	Ordinary income
Ordinary income	¥1.0bn	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	−¥1.6bn	2023-01-01 → 2023-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥2.9bn	2022-01-01 → 2022-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥1.2bn	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	−¥419m	2025-01-01 → 2025-12-31	Standalone	Income before income taxes
Profit before tax	¥1.0bn	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Net income	−¥741m	2025-01-01 → 2025-12-31	Standalone	Profit loss
Net income	¥1.4bn	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	−¥2.1bn	2023-01-01 → 2023-12-31^v	Standalone	Net income loss (5-year summary)
Net income	−¥3.0bn	2022-01-01 → 2022-12-31^v	Standalone	Net income loss (5-year summary)
Net income	−¥1.4bn	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥13.7bn	at 2025-12-31	Standalone	Assets
Total assets	¥16.1bn	at 2024-12-31	Standalone	Assets
Total assets	¥16.7bn	at 2023-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥22.2bn	at 2022-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥24.9bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥777m	at 2025-12-31	Standalone	Liabilities
Total liabilities	¥753m	at 2024-12-31	Standalone	Liabilities
Net assets / equity	¥12.9bn	at 2025-12-31	Standalone	Net assets
Net assets / equity	¥15.4bn	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥16.0bn	at 2023-12-31^v	Standalone	Net assets
Net assets / equity	¥20.8bn	at 2022-12-31^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥23.8bn	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥5.3bn	at 2025-12-31	Standalone	Cash and deposits
Cash and deposits	¥7.0bn	at 2024-12-31	Standalone	Cash and deposits
EPS (basic)	¥-9.54	2025-01-01 → 2025-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥16.41	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-22.37	2023-01-01 → 2023-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-29.1	2022-01-01 → 2022-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-13.45	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
Net assets per share	¥175.93	at 2025-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥185.99	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥170.56	at 2023-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥198.33	at 2022-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥227.43	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	94.0%	at 2025-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	95.1%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	95.5%	at 2023-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	93.3%	at 2022-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	95.1%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	-5.2%	2025-01-01 → 2025-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	9.0%	2024-01-01 → 2024-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	-11.7%	2023-01-01 → 2023-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	-13.7%	2022-01-01 → 2022-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	-5.8%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	107,429,400	at 2025-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	107,429,400	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	107,429,400	at 2023-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	107,429,400	at 2022-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	107,429,400	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	87	at 2025-12-31	Standalone	Number of employees
Employees	103	at 2024-12-31	Standalone	Number of employees
Employees	134	at 2023-12-31^v	Standalone	Number of employees
Employees	324	at 2022-12-31^v	Standalone	Number of employees
Employees	376	at 2021-12-31^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.

Segments · 1

Segment	Item	Period	Value
Make Everyday Cooking Funreportable segment	employees	at 2025-12-31	101 pure

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

All source rows · 1,427

Item	Context	Value	Unit
Finance costs IFRS	CurrentYearDuration	114205000	JPY
Employee benefit expenses and remuneration sga IFRS	Prior1YearDuration	1745699000	JPY
Employee benefit expenses and remuneration sga IFRS	CurrentYearDuration	1672227000	JPY
Sales commissions sga IFRS	Prior1YearDuration	714325000	JPY
Sales commissions sga IFRS	CurrentYearDuration	674040000	JPY
Outsourcing expenses sga IFRS	Prior1YearDuration	591976000	JPY
Outsourcing expenses sga IFRS	CurrentYearDuration	677256000	JPY
Rent expenses on land and buildings sga IFRS	Prior1YearDuration	27828000	JPY
Rent expenses on land and buildings sga IFRS	CurrentYearDuration	31956000	JPY
Cloud service fees sga IFRS	Prior1YearDuration	929120000	JPY
Cloud service fees sga IFRS	CurrentYearDuration	774361000	JPY
Advertising expenses IFRS	Prior1YearDuration	50591000	JPY
Advertising expenses IFRS	CurrentYearDuration	58235000	JPY
Depreciation and amortization sga IFRS	Prior1YearDuration	353616000	JPY
Depreciation and amortization sga IFRS	CurrentYearDuration	267956000	JPY
Other sga IFRS	Prior1YearDuration	743033000	JPY
Other sga IFRS	CurrentYearDuration	866191000	JPY
Selling general and administrative expenses IFRS	Prior1YearDuration	5156188000	JPY
Selling general and administrative expenses IFRS	CurrentYearDuration	5022221000	JPY
Gain on sale of fixed assets IFRS	Prior1YearDuration	7179000	JPY
Gain on sale of fixed assets IFRS	CurrentYearDuration	－	JPY
Government grant income IFRS	Prior1YearDuration	－	JPY
Government grant income IFRS	CurrentYearDuration	25948000	JPY
Other other income IFRS	Prior1YearDuration	6045000	JPY
Other other income IFRS	CurrentYearDuration	2715000	JPY
Other income IFRS	Prior1YearDuration	13224000	JPY
Other income IFRS	CurrentYearDuration	28663000	JPY
Cash and deposits	Prior1YearInstant_NonConsolidatedMember	6967595000	JPY
Cash and deposits	CurrentYearInstant_NonConsolidatedMember	5333750000	JPY
Accounts receivable trade	Prior1YearInstant_NonConsolidatedMember	948696000	JPY
Accounts receivable trade	CurrentYearInstant_NonConsolidatedMember	972607000	JPY
Short term investment securities	Prior1YearInstant_NonConsolidatedMember	－	JPY
Short term investment securities	CurrentYearInstant_NonConsolidatedMember	5523656000	JPY
Advance payments trade	Prior1YearInstant_NonConsolidatedMember	1773000	JPY
Advance payments trade	CurrentYearInstant_NonConsolidatedMember	－	JPY
Prepaid expenses	Prior1YearInstant_NonConsolidatedMember	182078000	JPY
Prepaid expenses	CurrentYearInstant_NonConsolidatedMember	183304000	JPY
Other ca	Prior1YearInstant_NonConsolidatedMember	110085000	JPY
Other ca	CurrentYearInstant_NonConsolidatedMember	492075000	JPY
Allowance for doubtful accounts ca	Prior1YearInstant_NonConsolidatedMember	-111000	JPY
Allowance for doubtful accounts ca	CurrentYearInstant_NonConsolidatedMember	-126000	JPY
Current assets	Prior1YearInstant_NonConsolidatedMember	8210116000	JPY
Current assets	CurrentYearInstant_NonConsolidatedMember	12505268000	JPY
Buildings	Prior1YearInstant_NonConsolidatedMember	348458000	JPY
Buildings	CurrentYearInstant_NonConsolidatedMember	372365000	JPY
Accumulated depreciation and impairment loss buildings	Prior1YearInstant_NonConsolidatedMember	-140202000	JPY
Accumulated depreciation and impairment loss buildings	CurrentYearInstant_NonConsolidatedMember	-209781000	JPY
Buildings net	Prior1YearInstant_NonConsolidatedMember	208255000	JPY
Buildings net	CurrentYearInstant_NonConsolidatedMember	162583000	JPY
Tools furniture and fixtures	Prior1YearInstant_NonConsolidatedMember	139662000	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 · 21 of 21 passed

balance sheet identity	consolidated 2024-12-31	pass
balance sheet identity	consolidated 2025-12-31	pass
balance sheet identity	non_consolidated 2024-12-31	pass
balance sheet identity	non_consolidated 2025-12-31	pass
dei present		pass
period resolution		pass
statement vs summary · net assets	non_consolidated 2023-12-31	pass
statement vs summary · net assets	non_consolidated 2024-12-31	pass
statement vs summary · net assets	non_consolidated 2025-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2025-01-01/2025-12-31	pass
statement vs summary · operating cash flow	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · operating cash flow	consolidated 2025-01-01/2025-12-31	pass
statement vs summary · revenue	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · revenue	consolidated 2025-01-01/2025-12-31	pass
statement vs summary · revenue	non_consolidated 2024-01-01/2024-12-31	pass
statement vs summary · revenue	non_consolidated 2025-01-01/2025-12-31	pass
statement vs summary · total assets	consolidated 2024-12-31	pass
statement vs summary · total assets	consolidated 2025-12-31	pass
statement vs summary · total assets	non_consolidated 2024-12-31	pass
statement vs summary · total assets	non_consolidated 2025-12-31	pass