Annual report

Period2025-01-01 → 2025-12-31
Filed2026-03-30
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 148
MetricValuePeriodScopeSource row
Revenue¥24.9bn2025-01-01 → 2025-12-31Cons.Net sales
Revenue¥22.6bn2024-01-01 → 2024-12-31Cons.Net sales
Revenue¥22.0bn2023-01-01 → 2023-12-31vCons.Net sales (5-year summary)
Revenue¥19.2bn2022-01-01 → 2022-12-31vCons.Net sales (5-year summary)
Revenue¥19.3bn2021-01-01 → 2021-12-31dCons.Net sales (5-year summary)
Operating income¥3.3bn2025-01-01 → 2025-12-31Cons.Operating income
Operating income¥3.0bn2024-01-01 → 2024-12-31Cons.Operating income
Ordinary income¥3.4bn2025-01-01 → 2025-12-31Cons.Ordinary income
Ordinary income¥3.1bn2024-01-01 → 2024-12-31Cons.Ordinary income
Ordinary income¥1.7bn2023-01-01 → 2023-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥2.0bn2022-01-01 → 2022-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥2.9bn2021-01-01 → 2021-12-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥3.2bn2025-01-01 → 2025-12-31Cons.Income before income taxes
Profit before tax¥3.1bn2024-01-01 → 2024-12-31Cons.Income before income taxes
Net income (owners)¥2.2bn2025-01-01 → 2025-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥2.1bn2024-01-01 → 2024-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥2.0bn2023-01-01 → 2023-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥1.7bn2022-01-01 → 2022-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥1.9bn2021-01-01 → 2021-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥2.2bn2025-01-01 → 2025-12-31Cons.Profit loss
Net income¥2.1bn2024-01-01 → 2024-12-31Cons.Profit loss
Total assets¥35.1bnat 2025-12-31Cons.Assets
Total assets¥31.1bnat 2024-12-31Cons.Assets
Total assets¥29.5bnat 2023-12-31vCons.Total assets (5-year summary)
Total assets¥28.2bnat 2022-12-31vCons.Total assets (5-year summary)
Total assets¥27.5bnat 2021-12-31dCons.Total assets (5-year summary)
Total liabilities¥6.5bnat 2025-12-31Cons.Liabilities
Total liabilities¥4.9bnat 2024-12-31Cons.Liabilities
Net assets / equity¥28.6bnat 2025-12-31Cons.Net assets
Net assets / equity¥26.2bnat 2024-12-31Cons.Net assets
Net assets / equity¥24.6bnat 2023-12-31vCons.Net assets
Net assets / equity¥23.1bnat 2022-12-31vCons.Net assets (5-year summary)
Net assets / equity¥21.5bnat 2021-12-31dCons.Net assets (5-year summary)
Cash and deposits¥17.8bnat 2025-12-31Cons.Cash and deposits
Cash and deposits¥17.7bnat 2024-12-31Cons.Cash and deposits
Cash & equivalents¥17.8bnat 2025-12-31Cons.Cash and cash equivalents
Cash & equivalents¥17.7bnat 2024-12-31Cons.Cash and cash equivalents
Cash & equivalents¥17.2bnat 2023-12-31vCons.Cash and cash equivalents
Cash & equivalents¥14.0bnat 2022-12-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥13.5bnat 2021-12-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥2.1bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥1.8bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥1.6bn2023-01-01 → 2023-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥2.0bn2022-01-01 → 2022-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥227m2021-01-01 → 2021-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥952m2025-01-01 → 2025-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥373m2024-01-01 → 2024-12-31Cons.Net cash provided by used in investment activities
Investing cash flow¥2.4bn2023-01-01 → 2023-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥951m2022-01-01 → 2022-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥551m2021-01-01 → 2021-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥969m2025-01-01 → 2025-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥957m2024-01-01 → 2024-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥772m2023-01-01 → 2023-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥866m2022-01-01 → 2022-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥557m2021-01-01 → 2021-12-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥229.242025-01-01 → 2025-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥222.222024-01-01 → 2024-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥209.332023-01-01 → 2023-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥181.032022-01-01 → 2022-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥202.42021-01-01 → 2021-12-31dCons.Basic earnings loss per share (5-year summary)
Net assets per share¥2,993.41at 2025-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥2,745.57at 2024-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥2,566.9at 2023-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥2,413.81at 2022-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥2,250.65at 2021-12-31dCons.Net assets per share (5-year summary)
Equity ratio81.2%at 2025-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio83.9%at 2024-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio83.0%at 2023-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio81.7%at 2022-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio78.0%at 2021-12-31dCons.Equity to asset ratio (5-year summary)
ROE8.0%2025-01-01 → 2025-12-31Cons.Rate of return on equity (5-year summary)
ROE8.4%2024-01-01 → 2024-12-31Cons.Rate of return on equity (5-year summary)
ROE8.4%2023-01-01 → 2023-12-31vCons.Rate of return on equity (5-year summary)
ROE7.8%2022-01-01 → 2022-12-31vCons.Rate of return on equity (5-year summary)
ROE9.3%2021-01-01 → 2021-12-31dCons.Rate of return on equity (5-year summary)
Employees1,471at 2025-12-31Cons.Number of employees
Employees1,375at 2024-12-31Cons.Number of employees
Employees1,362at 2023-12-31vCons.Number of employees
Employees1,137at 2022-12-31vCons.Number of employees
Employees934at 2021-12-31dCons.Number of employees
Revenue¥19.9bn2025-01-01 → 2025-12-31StandaloneNet sales
Revenue¥19.2bn2024-01-01 → 2024-12-31StandaloneNet sales
Revenue¥18.6bn2023-01-01 → 2023-12-31vStandaloneNet sales (5-year summary)
Revenue¥16.9bn2022-01-01 → 2022-12-31vStandaloneNet sales (5-year summary)
Revenue¥17.5bn2021-01-01 → 2021-12-31dStandaloneNet sales (5-year summary)
Operating income¥3.1bn2025-01-01 → 2025-12-31StandaloneOperating income
Operating income¥2.9bn2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income¥3.2bn2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income¥3.0bn2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income¥1.5bn2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.9bn2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥2.7bn2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥3.1bn2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax¥3.0bn2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income¥2.1bn2025-01-01 → 2025-12-31StandaloneProfit loss
Net income¥2.0bn2024-01-01 → 2024-12-31StandaloneProfit loss
Net income¥1.9bn2023-01-01 → 2023-12-31vStandaloneNet income loss (5-year summary)
Net income¥1.5bn2022-01-01 → 2022-12-31vStandaloneNet income loss (5-year summary)
Net income¥1.8bn2021-01-01 → 2021-12-31dStandaloneNet income loss (5-year summary)
Total assets¥32.1bnat 2025-12-31StandaloneAssets
Total assets¥29.4bnat 2024-12-31StandaloneAssets
Total assets¥27.8bnat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥26.5bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥26.7bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥5.2bnat 2025-12-31StandaloneLiabilities
Total liabilities¥4.9bnat 2024-12-31StandaloneLiabilities
Net assets / equity¥26.9bnat 2025-12-31StandaloneNet assets
Net assets / equity¥24.5bnat 2024-12-31StandaloneNet assets
Net assets / equity¥23.1bnat 2023-12-31vStandaloneNet assets
Net assets / equity¥21.7bnat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥20.9bnat 2021-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥15.4bnat 2025-12-31StandaloneCash and deposits
Cash and deposits¥16.2bnat 2024-12-31StandaloneCash and deposits
EPS (basic)¥220.432025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥207.292024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥203.442023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥157.032022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥191.742021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥1052025-01-01 → 2025-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥952024-01-01 → 2024-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥852023-01-01 → 2023-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥752022-01-01 → 2022-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥652021-01-01 → 2021-12-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥2,820.01at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥2,574.39at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥2,425.62at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥2,271.98at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥2,191.61at 2021-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio83.7%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio83.5%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio83.4%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio81.7%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio78.4%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE8.2%2025-01-01 → 2025-12-31StandaloneRate of return on equity (5-year summary)
ROE8.3%2024-01-01 → 2024-12-31StandaloneRate of return on equity (5-year summary)
ROE8.7%2023-01-01 → 2023-12-31vStandaloneRate of return on equity (5-year summary)
ROE7.0%2022-01-01 → 2022-12-31vStandaloneRate of return on equity (5-year summary)
ROE9.0%2021-01-01 → 2021-12-31dStandaloneRate of return on equity (5-year summary)
Shares issued10,048,000at 2025-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued10,048,000at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued10,048,000at 2023-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued10,048,000at 2022-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued10,048,000at 2021-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees659at 2025-12-31StandaloneNumber of employees
Employees645at 2024-12-31StandaloneNumber of employees
Employees618at 2023-12-31vStandaloneNumber of employees
Employees580at 2022-12-31vStandaloneNumber of employees
Employees556at 2021-12-31dStandaloneNumber 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 · 43
SegmentItemPeriodValue
Reconciling Itemsreconcilingsegment assetsat 2025-12-31−¥483m
Domestic Operationsreportable segmentcapex2025-01-01 → 2025-12-31¥1.6bn
Domestic Operationsreportable segmentdepreciation2025-01-01 → 2025-12-31¥413m
Domestic Operationsreportable segmentemployeesat 2025-12-31928 pure
Domestic Operationsreportable segmentrevenue2025-01-01 → 2025-12-31¥22.9bn
Domestic Operationsreportable segmentrevenue external2025-01-01 → 2025-12-31¥22.9bn
Domestic Operationsreportable segmentsegment assetsat 2025-12-31¥32.0bn
Domestic Operationsreportable segmentsegment profit2025-01-01 → 2025-12-31¥3.5bn
Overseas Operationsreportable segmentcapex2025-01-01 → 2025-12-31¥25m
Overseas Operationsreportable segmentdepreciation2025-01-01 → 2025-12-31¥13m
Overseas Operationsreportable segmentemployeesat 2025-12-31502 pure
Overseas Operationsreportable segmentrevenue2025-01-01 → 2025-12-31¥1.9bn
Overseas Operationsreportable segmentrevenue external2025-01-01 → 2025-12-31¥1.9bn
Overseas Operationsreportable segmentsegment assetsat 2025-12-31¥3.6bn
Overseas Operationsreportable segmentsegment profit2025-01-01 → 2025-12-31−¥220m
—segment totalcapex2025-01-01 → 2025-12-31¥1.6bn
—segment totaldepreciation2025-01-01 → 2025-12-31¥426m
—segment totalrevenue2025-01-01 → 2025-12-31¥24.9bn
—segment totalrevenue external2025-01-01 → 2025-12-31¥24.9bn
—segment totalsegment assetsat 2025-12-31¥35.6bn
—segment totalsegment profit2025-01-01 → 2025-12-31¥3.3bn
Reconciling Itemsreconcilingsegment assetsat 2024-12-31−¥483m
Domestic Operationsreportable segmentcapex2024-01-01 → 2024-12-31¥330m
Domestic Operationsreportable segmentdepreciation2024-01-01 → 2024-12-31¥342m
Domestic Operationsreportable segmentrevenue2024-01-01 → 2024-12-31¥20.2bn
Domestic Operationsreportable segmentrevenue external2024-01-01 → 2024-12-31¥20.2bn
Domestic Operationsreportable segmentsegment assetsat 2024-12-31¥29.1bn
Domestic Operationsreportable segmentsegment profit2024-01-01 → 2024-12-31¥3.1bn
Overseas Operationsreportable segmentcapex2024-01-01 → 2024-12-31¥11m
Overseas Operationsreportable segmentdepreciation2024-01-01 → 2024-12-31¥13m
Overseas Operationsreportable segmentrevenue2024-01-01 → 2024-12-31¥2.4bn
Overseas Operationsreportable segmentrevenue external2024-01-01 → 2024-12-31¥2.4bn
Overseas Operationsreportable segmentsegment assetsat 2024-12-31¥2.5bn
Overseas Operationsreportable segmentsegment profit2024-01-01 → 2024-12-31−¥138m
—segment totalcapex2024-01-01 → 2024-12-31¥341m
—segment totaldepreciation2024-01-01 → 2024-12-31¥355m
—segment totalrevenue2024-01-01 → 2024-12-31¥22.6bn
—segment totalrevenue external2024-01-01 → 2024-12-31¥22.6bn
—segment totalsegment assetsat 2024-12-31¥31.6bn
—segment totalsegment profit2024-01-01 → 2024-12-31¥3.0bn
Domestic Operationsreportable segmentemployeesat 2025-12-31593 pure
Overseas Operationsreportable segmentemployeesat 2025-12-3125 pure
—segment totalemployeesat 2025-12-31659 pure

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

All source rows · 1,541
ItemContextValueUnit
Cash and cash equivalents (5-year summary)Prior3YearInstant13980087000JPY
Cash and cash equivalents (5-year summary)Prior2YearInstant17188267000JPY
Cash and cash equivalents (5-year summary)Prior1YearInstant17681274000JPY
Cash and cash equivalents (5-year summary)CurrentYearInstant17827341000JPY
Number of employeesPrior4YearInstant934
Number of employeesPrior3YearInstant1137
Number of employeesPrior2YearInstant1362
Number of employeesPrior1YearInstant1375
Number of employeesCurrentYearInstant1471
Average number of temporary workersPrior4YearInstant415
Average number of temporary workersPrior3YearInstant412
Average number of temporary workersPrior2YearInstant411
Average number of temporary workersPrior1YearInstant365
Average number of temporary workersCurrentYearInstant775
Net sales (5-year summary)Prior4YearDuration_NonConsolidatedMember17459977000JPY
Net sales (5-year summary)Prior3YearDuration_NonConsolidatedMember16859430000JPY
Net sales (5-year summary)Prior2YearDuration_NonConsolidatedMember18598370000JPY
Net sales (5-year summary)Prior1YearDuration_NonConsolidatedMember19210035000JPY
Net sales (5-year summary)CurrentYearDuration_NonConsolidatedMember19917548000JPY
Ordinary income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember2709746000JPY
Ordinary income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember1922717000JPY
Ordinary income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember1478072000JPY
Ordinary income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember2967442000JPY
Ordinary income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember3210377000JPY
Net income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember1827835000JPY
Net income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember1497867000JPY
Net income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember1941041000JPY
Net income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember1973518000JPY
Net income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember2098639000JPY
Capital stock (5-year summary)Prior4YearInstant_NonConsolidatedMember520000000JPY
Capital stock (5-year summary)Prior3YearInstant_NonConsolidatedMember520000000JPY
Capital stock (5-year summary)Prior2YearInstant_NonConsolidatedMember520000000JPY
Capital stock (5-year summary)Prior1YearInstant_NonConsolidatedMember520000000JPY
Capital stock (5-year summary)CurrentYearInstant_NonConsolidatedMember520000000JPY
Total number of issued shares (5-year summary)Prior4YearInstant_NonConsolidatedMember10048000
Total number of issued shares (5-year summary)Prior3YearInstant_NonConsolidatedMember10048000
Total number of issued shares (5-year summary)Prior2YearInstant_NonConsolidatedMember10048000
Total number of issued shares (5-year summary)Prior1YearInstant_NonConsolidatedMember10048000
Total number of issued shares (5-year summary)CurrentYearInstant_NonConsolidatedMember10048000
Net assets (5-year summary)Prior4YearInstant_NonConsolidatedMember20892114000JPY
Net assets (5-year summary)Prior3YearInstant_NonConsolidatedMember21677134000JPY
Net assets (5-year summary)Prior2YearInstant_NonConsolidatedMember23142973000JPY
Net assets (5-year summary)Prior1YearInstant_NonConsolidatedMember24495580000JPY
Net assets (5-year summary)CurrentYearInstant_NonConsolidatedMember26855244000JPY
Total assets (5-year summary)Prior4YearInstant_NonConsolidatedMember26651653000JPY
Total assets (5-year summary)Prior3YearInstant_NonConsolidatedMember26532944000JPY
Total assets (5-year summary)Prior2YearInstant_NonConsolidatedMember27754310000JPY
Total assets (5-year summary)Prior1YearInstant_NonConsolidatedMember29351305000JPY
Total assets (5-year summary)CurrentYearInstant_NonConsolidatedMember32088684000JPY
Net assets per share (5-year summary)Prior4YearInstant_NonConsolidatedMember2191.61

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 identityconsolidated 2024-12-31pass
balance sheet identityconsolidated 2025-12-31pass rounding
balance sheet identitynon_consolidated 2024-12-31pass
balance sheet identitynon_consolidated 2025-12-31pass
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2023-12-31pass
statement vs summary · net assetsconsolidated 2024-12-31pass
statement vs summary · net assetsconsolidated 2025-12-31pass
statement vs summary · net assetsnon_consolidated 2023-12-31pass
statement vs summary · net assetsnon_consolidated 2024-12-31pass
statement vs summary · net assetsnon_consolidated 2025-12-31pass
statement vs summary · net income attributable to parentconsolidated 2024-01-01/2024-12-31pass
statement vs summary · net income attributable to parentconsolidated 2025-01-01/2025-12-31pass
statement vs summary · operating cash flowconsolidated 2024-01-01/2024-12-31pass
statement vs summary · operating cash flowconsolidated 2025-01-01/2025-12-31pass
statement vs summary · revenueconsolidated 2024-01-01/2024-12-31pass
statement vs summary · revenueconsolidated 2025-01-01/2025-12-31pass
statement vs summary · revenuenon_consolidated 2024-01-01/2024-12-31pass
statement vs summary · revenuenon_consolidated 2025-01-01/2025-12-31pass
statement vs summary · total assetsconsolidated 2024-12-31pass
statement vs summary · total assetsconsolidated 2025-12-31pass
statement vs summary · total assetsnon_consolidated 2024-12-31pass
statement vs summary · total assetsnon_consolidated 2025-12-31pass