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
Number of shares constituting one unit	CurrentYearInstant_OrdinaryShareMember	100
Number of shareholders national and local governments	CurrentYearInstant_OrdinaryShareMember	－
Number of shareholders financial institutions	CurrentYearInstant_OrdinaryShareMember	9
Number of shareholders financial service providers	CurrentYearInstant_OrdinaryShareMember	27
Number of shareholders other corporations	CurrentYearInstant_OrdinaryShareMember	56
Number of shareholders foreign investors other than individuals	CurrentYearInstant_OrdinaryShareMember	53
Number of shareholders foreign individual investors	CurrentYearInstant_OrdinaryShareMember	108
Number of shareholders individuals and others	CurrentYearInstant_OrdinaryShareMember	27872
Number of shareholders total	CurrentYearInstant_OrdinaryShareMember	28125
Number of shares held number of units national and local governments	CurrentYearInstant_OrdinaryShareMember	－
Number of shares held number of units financial institutions	CurrentYearInstant_OrdinaryShareMember	44796
Number of shares held number of units financial service providers	CurrentYearInstant_OrdinaryShareMember	11960
Number of shares held number of units other corporations	CurrentYearInstant_OrdinaryShareMember	4316
Number of shares held number of units foreign investors other than individuals	CurrentYearInstant_OrdinaryShareMember	31065
Number of shares held number of units foreign individual investors	CurrentYearInstant_OrdinaryShareMember	1343
Number of shares held number of units individuals and others	CurrentYearInstant_OrdinaryShareMember	980542
Number of shares held number of units total	CurrentYearInstant_OrdinaryShareMember	1074022
Number of shares held shares less than one unit	CurrentYearInstant_OrdinaryShareMember	27200
Percentage of shareholdings national and local governments	CurrentYearInstant_OrdinaryShareMember	－
Percentage of shareholdings financial institutions	CurrentYearInstant_OrdinaryShareMember	0.0417
Percentage of shareholdings financial service providers	CurrentYearInstant_OrdinaryShareMember	0.0111
Percentage of shareholdings other corporations	CurrentYearInstant_OrdinaryShareMember	0.0040
Percentage of shareholdings foreigners other than individuals	CurrentYearInstant_OrdinaryShareMember	0.0289
Percentage of shareholdings foreign individuals	CurrentYearInstant_OrdinaryShareMember	0.0013
Percentage of shareholdings individuals and others	CurrentYearInstant_OrdinaryShareMember	0.9130
Number of shares held	CurrentYearInstant_No1MajorShareholdersMember	46585300
Shareholding ratio	CurrentYearInstant_No1MajorShareholdersMember	0.6355
Number of shares held	CurrentYearInstant_No2MajorShareholdersMember	3708000
Shareholding ratio	CurrentYearInstant_No2MajorShareholdersMember	0.0506
Number of shares held	CurrentYearInstant_No3MajorShareholdersMember	708600
Shareholding ratio	CurrentYearInstant_No3MajorShareholdersMember	0.0097
Number of shares held	CurrentYearInstant_No4MajorShareholdersMember	672800
Shareholding ratio	CurrentYearInstant_No4MajorShareholdersMember	0.0092
Number of shares held	CurrentYearInstant_No5MajorShareholdersMember	484700
Shareholding ratio	CurrentYearInstant_No5MajorShareholdersMember	0.0066
Number of shares held	CurrentYearInstant_No6MajorShareholdersMember	426800
Shareholding ratio	CurrentYearInstant_No6MajorShareholdersMember	0.0058
Number of shares held	CurrentYearInstant_No7MajorShareholdersMember	355700
Shareholding ratio	CurrentYearInstant_No7MajorShareholdersMember	0.0049
Number of shares held	CurrentYearInstant_No8MajorShareholdersMember	339200
Shareholding ratio	CurrentYearInstant_No8MajorShareholdersMember	0.0046
Number of shares held	CurrentYearInstant_No9MajorShareholdersMember	323600
Shareholding ratio	CurrentYearInstant_No9MajorShareholdersMember	0.0044
Number of shares held	CurrentYearInstant_No10MajorShareholdersMember	322800
Shareholding ratio	CurrentYearInstant_No10MajorShareholdersMember	0.0044
Number of shares held	CurrentYearInstant	53927500
Shareholding ratio	CurrentYearInstant	0.7356
Number of shares issued shares voting rights	CurrentYearInstant_SharesWithNoVotingRightsMember	－
Number of shares issued shares voting rights	CurrentYearInstant_SharesWithRestrictedVotingRightsTreasurySharesEtcMember	－
Number of shares issued shares voting rights	CurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember	－

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