Annual report
2932.TEDINET S100VGXQ
Period2024-01-01 → 2024-12-31
Filed2025-03-27
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 154
| Metric | Value | Period | Scope | Source row |
|---|---|---|---|---|
| Revenue | ¥35.6bn | 2024-01-01 → 2024-12-31 | Cons. | Net sales |
| Revenue | ¥31.8bn | 2023-01-01 → 2023-12-31 | Cons. | Net sales |
| Revenue | ¥27.6bn | 2022-01-01 → 2022-12-31d | Cons. | Net sales (5-year summary) |
| Revenue | ¥26.3bn | 2021-01-01 → 2021-12-31d | Cons. | Net sales (5-year summary) |
| Revenue | ¥23.1bn | 2020-01-01 → 2020-12-31d | Cons. | Net sales (5-year summary) |
| Operating income | ¥2.9bn | 2024-01-01 → 2024-12-31 | Cons. | Operating income |
| Operating income | ¥2.3bn | 2023-01-01 → 2023-12-31 | Cons. | Operating income |
| Ordinary income | ¥2.9bn | 2024-01-01 → 2024-12-31 | Cons. | Ordinary income |
| Ordinary income | ¥2.3bn | 2023-01-01 → 2023-12-31 | Cons. | Ordinary income |
| Ordinary income | ¥1.5bn | 2022-01-01 → 2022-12-31d | Cons. | Ordinary income loss (5-year summary) |
| Ordinary income | ¥1.7bn | 2021-01-01 → 2021-12-31d | Cons. | Ordinary income loss (5-year summary) |
| Ordinary income | ¥1.3bn | 2020-01-01 → 2020-12-31d | Cons. | Ordinary income loss (5-year summary) |
| Profit before tax | ¥2.7bn | 2024-01-01 → 2024-12-31 | Cons. | Income before income taxes |
| Profit before tax | ¥2.3bn | 2023-01-01 → 2023-12-31 | Cons. | Income before income taxes |
| Net income (owners) | ¥1.7bn | 2024-01-01 → 2024-12-31 | Cons. | Profit loss attributable to owners of parent |
| Net income (owners) | ¥1.6bn | 2023-01-01 → 2023-12-31 | Cons. | Profit loss attributable to owners of parent |
| Net income (owners) | ¥1.0bn | 2022-01-01 → 2022-12-31d | Cons. | Profit loss attributable to owners of parent (5-year summary) |
| Net income (owners) | ¥1.1bn | 2021-01-01 → 2021-12-31d | Cons. | Profit loss attributable to owners of parent (5-year summary) |
| Net income (owners) | ¥833m | 2020-01-01 → 2020-12-31d | Cons. | Profit loss attributable to owners of parent (5-year summary) |
| Net income | ¥1.7bn | 2024-01-01 → 2024-12-31 | Cons. | Profit loss |
| Net income | ¥1.6bn | 2023-01-01 → 2023-12-31 | Cons. | Profit loss |
| Total assets | ¥19.3bn | at 2024-12-31 | Cons. | Assets |
| Total assets | ¥15.1bn | at 2023-12-31 | Cons. | Assets |
| Total assets | ¥13.8bn | at 2022-12-31d | Cons. | Total assets (5-year summary) |
| Total assets | ¥12.8bn | at 2021-12-31d | Cons. | Total assets (5-year summary) |
| Total assets | ¥11.3bn | at 2020-12-31d | Cons. | Total assets (5-year summary) |
| Total liabilities | ¥10.9bn | at 2024-12-31 | Cons. | Liabilities |
| Total liabilities | ¥7.7bn | at 2023-12-31 | Cons. | Liabilities |
| Net assets / equity | ¥8.4bn | at 2024-12-31 | Cons. | Net assets |
| Net assets / equity | ¥7.4bn | at 2023-12-31 | Cons. | Net assets |
| Net assets / equity | ¥6.2bn | at 2022-12-31d | Cons. | Net assets |
| Net assets / equity | ¥5.4bn | at 2021-12-31d | Cons. | Net assets (5-year summary) |
| Net assets / equity | ¥3.6bn | at 2020-12-31d | Cons. | Net assets (5-year summary) |
| Cash and deposits | ¥4.2bn | at 2024-12-31 | Cons. | Cash and deposits |
| Cash and deposits | ¥4.0bn | at 2023-12-31 | Cons. | Cash and deposits |
| Cash & equivalents | ¥4.2bn | at 2024-12-31 | Cons. | Cash and cash equivalents |
| Cash & equivalents | ¥4.0bn | at 2023-12-31 | Cons. | Cash and cash equivalents |
| Cash & equivalents | ¥2.6bn | at 2022-12-31d | Cons. | Cash and cash equivalents |
| Cash & equivalents | ¥3.2bn | at 2021-12-31d | Cons. | Cash and cash equivalents (5-year summary) |
| Cash & equivalents | ¥2.5bn | at 2020-12-31d | Cons. | Cash and cash equivalents (5-year summary) |
| Operating cash flow | ¥3.2bn | 2024-01-01 → 2024-12-31 | Cons. | Net cash provided by used in operating activities |
| Operating cash flow | ¥3.1bn | 2023-01-01 → 2023-12-31 | Cons. | Net cash provided by used in operating activities |
| Operating cash flow | ¥859m | 2022-01-01 → 2022-12-31d | Cons. | Net cash provided by used in operating activities (5-year summary) |
| Operating cash flow | ¥1.5bn | 2021-01-01 → 2021-12-31d | Cons. | Net cash provided by used in operating activities (5-year summary) |
| Operating cash flow | ¥1.1bn | 2020-01-01 → 2020-12-31d | Cons. | Net cash provided by used in operating activities (5-year summary) |
| Investing cash flow | −¥3.5bn | 2024-01-01 → 2024-12-31 | Cons. | Net cash provided by used in investment activities |
| Investing cash flow | −¥459m | 2023-01-01 → 2023-12-31 | Cons. | Net cash provided by used in investment activities |
| Investing cash flow | −¥660m | 2022-01-01 → 2022-12-31d | Cons. | Net cash provided by used in investing activities (5-year summary) |
| Investing cash flow | −¥519m | 2021-01-01 → 2021-12-31d | Cons. | Net cash provided by used in investing activities (5-year summary) |
| Investing cash flow | −¥232m | 2020-01-01 → 2020-12-31d | Cons. | Net cash provided by used in investing activities (5-year summary) |
| Financing cash flow | ¥417m | 2024-01-01 → 2024-12-31 | Cons. | Net cash provided by used in financing activities |
| Financing cash flow | −¥1.3bn | 2023-01-01 → 2023-12-31 | Cons. | Net cash provided by used in financing activities |
| Financing cash flow | −¥823m | 2022-01-01 → 2022-12-31d | Cons. | Net cash provided by used in financing activities (5-year summary) |
| Financing cash flow | −¥287m | 2021-01-01 → 2021-12-31d | Cons. | Net cash provided by used in financing activities (5-year summary) |
| Financing cash flow | ¥216m | 2020-01-01 → 2020-12-31d | Cons. | Net cash provided by used in financing activities (5-year summary) |
| EPS (basic) | ¥94.8 | 2024-01-01 → 2024-12-31 | Cons. | Basic earnings loss per share (5-year summary) |
| EPS (basic) | ¥87.91 | 2023-01-01 → 2023-12-31 | Cons. | Basic earnings loss per share (5-year summary) |
| EPS (basic) | ¥58.06 | 2022-01-01 → 2022-12-31d | Cons. | Basic earnings loss per share (5-year summary) |
| EPS (basic) | ¥66.65 | 2021-01-01 → 2021-12-31d | Cons. | Basic earnings loss per share (5-year summary) |
| EPS (basic) | ¥54.22 | 2020-01-01 → 2020-12-31d | Cons. | Basic earnings loss per share (5-year summary) |
| EPS (diluted) | ¥92.23 | 2024-01-01 → 2024-12-31 | Cons. | Diluted earnings per share (5-year summary) |
| EPS (diluted) | ¥85.58 | 2023-01-01 → 2023-12-31 | Cons. | Diluted earnings per share (5-year summary) |
| EPS (diluted) | ¥55.29 | 2022-01-01 → 2022-12-31d | Cons. | Diluted earnings per share (5-year summary) |
| Net assets per share | ¥471.68 | at 2024-12-31 | Cons. | Net assets per share (5-year summary) |
| Net assets per share | ¥418.85 | at 2023-12-31 | Cons. | Net assets per share (5-year summary) |
| Net assets per share | ¥348.84 | at 2022-12-31d | Cons. | Net assets per share (5-year summary) |
| Net assets per share | ¥315.24 | at 2021-12-31d | Cons. | Net assets per share (5-year summary) |
| Net assets per share | ¥216.28 | at 2020-12-31d | Cons. | Net assets per share (5-year summary) |
| Equity ratio | 43.5% | at 2024-12-31 | Cons. | Equity to asset ratio (5-year summary) |
| Equity ratio | 49.3% | at 2023-12-31 | Cons. | Equity to asset ratio (5-year summary) |
| Equity ratio | 44.9% | at 2022-12-31d | Cons. | Equity to asset ratio (5-year summary) |
| Equity ratio | 42.6% | at 2021-12-31d | Cons. | Equity to asset ratio (5-year summary) |
| Equity ratio | 31.5% | at 2020-12-31d | Cons. | Equity to asset ratio (5-year summary) |
| ROE | 21.3% | 2024-01-01 → 2024-12-31 | Cons. | Rate of return on equity (5-year summary) |
| ROE | 22.9% | 2023-01-01 → 2023-12-31 | Cons. | Rate of return on equity (5-year summary) |
| ROE | 17.3% | 2022-01-01 → 2022-12-31d | Cons. | Rate of return on equity (5-year summary) |
| ROE | 24.7% | 2021-01-01 → 2021-12-31d | Cons. | Rate of return on equity (5-year summary) |
| ROE | 30.2% | 2020-01-01 → 2020-12-31d | Cons. | Rate of return on equity (5-year summary) |
| Employees | 276 | at 2024-12-31 | Cons. | Number of employees |
| Employees | 269 | at 2023-12-31 | Cons. | Number of employees |
| Employees | 283 | at 2022-12-31d | Cons. | Number of employees |
| Employees | 285 | at 2021-12-31d | Cons. | Number of employees |
| Employees | 274 | at 2020-12-31d | Cons. | Number of employees |
| Revenue | ¥11.4bn | 2024-01-01 → 2024-12-31 | Standalone | Net sales |
| Revenue | ¥11.3bn | 2023-01-01 → 2023-12-31 | Standalone | Net sales |
| Revenue | ¥10.9bn | 2022-01-01 → 2022-12-31d | Standalone | Net sales (5-year summary) |
| Revenue | ¥9.5bn | 2021-01-01 → 2021-12-31d | Standalone | Net sales (5-year summary) |
| Revenue | ¥8.4bn | 2020-01-01 → 2020-12-31d | Standalone | Net sales (5-year summary) |
| Operating income | ¥1.9bn | 2024-01-01 → 2024-12-31 | Standalone | Operating income |
| Operating income | ¥1.5bn | 2023-01-01 → 2023-12-31 | Standalone | Operating income |
| Ordinary income | ¥1.9bn | 2024-01-01 → 2024-12-31 | Standalone | Ordinary income |
| Ordinary income | ¥1.5bn | 2023-01-01 → 2023-12-31 | Standalone | Ordinary income |
| Ordinary income | ¥1.4bn | 2022-01-01 → 2022-12-31d | Standalone | Ordinary income loss (5-year summary) |
| Ordinary income | ¥1.0bn | 2021-01-01 → 2021-12-31d | Standalone | Ordinary income loss (5-year summary) |
| Ordinary income | ¥434m | 2020-01-01 → 2020-12-31d | Standalone | Ordinary income loss (5-year summary) |
| Profit before tax | ¥1.4bn | 2024-01-01 → 2024-12-31 | Standalone | Income before income taxes |
| Profit before tax | ¥1.5bn | 2023-01-01 → 2023-12-31 | Standalone | Income before income taxes |
| Net income | ¥1.1bn | 2024-01-01 → 2024-12-31 | Standalone | Profit loss |
| Net income | ¥1.1bn | 2023-01-01 → 2023-12-31 | Standalone | Profit loss |
| Net income | ¥1.2bn | 2022-01-01 → 2022-12-31d | Standalone | Net income loss (5-year summary) |
| Net income | ¥917m | 2021-01-01 → 2021-12-31d | Standalone | Net income loss (5-year summary) |
| Net income | ¥423m | 2020-01-01 → 2020-12-31d | Standalone | Net income loss (5-year summary) |
| Total assets | ¥11.6bn | at 2024-12-31 | Standalone | Assets |
| Total assets | ¥9.0bn | at 2023-12-31 | Standalone | Assets |
| Total assets | ¥8.5bn | at 2022-12-31d | Standalone | Total assets (5-year summary) |
| Total assets | ¥7.7bn | at 2021-12-31d | Standalone | Total assets (5-year summary) |
| Total assets | ¥6.6bn | at 2020-12-31d | Standalone | Total assets (5-year summary) |
| Total liabilities | ¥5.3bn | at 2024-12-31 | Standalone | Liabilities |
| Total liabilities | ¥3.1bn | at 2023-12-31 | Standalone | Liabilities |
| Net assets / equity | ¥6.3bn | at 2024-12-31 | Standalone | Net assets |
| Net assets / equity | ¥5.9bn | at 2023-12-31 | Standalone | Net assets |
| Net assets / equity | ¥5.1bn | at 2022-12-31d | Standalone | Net assets |
| Net assets / equity | ¥4.2bn | at 2021-12-31d | Standalone | Net assets (5-year summary) |
| Net assets / equity | ¥2.5bn | at 2020-12-31d | Standalone | Net assets (5-year summary) |
| Cash and deposits | ¥2.7bn | at 2024-12-31 | Standalone | Cash and deposits |
| Cash and deposits | ¥2.6bn | at 2023-12-31 | Standalone | Cash and deposits |
| EPS (basic) | ¥60.4 | 2024-01-01 → 2024-12-31 | Standalone | Basic earnings loss per share (5-year summary) |
| EPS (basic) | ¥63.21 | 2023-01-01 → 2023-12-31 | Standalone | Basic earnings loss per share (5-year summary) |
| EPS (basic) | ¥69.18 | 2022-01-01 → 2022-12-31d | Standalone | Basic earnings loss per share (5-year summary) |
| EPS (basic) | ¥55 | 2021-01-01 → 2021-12-31d | Standalone | Basic earnings loss per share (5-year summary) |
| EPS (basic) | ¥27.55 | 2020-01-01 → 2020-12-31d | Standalone | Basic earnings loss per share (5-year summary) |
| EPS (diluted) | ¥58.77 | 2024-01-01 → 2024-12-31 | Standalone | Diluted earnings per share (5-year summary) |
| EPS (diluted) | ¥61.53 | 2023-01-01 → 2023-12-31 | Standalone | Diluted earnings per share (5-year summary) |
| EPS (diluted) | ¥65.89 | 2022-01-01 → 2022-12-31d | Standalone | Diluted earnings per share (5-year summary) |
| Dividend per share | ¥120 | 2024-01-01 → 2024-12-31 | Standalone | Dividend paid per share (5-year summary) |
| Dividend per share | ¥90 | 2023-01-01 → 2023-12-31 | Standalone | Dividend paid per share (5-year summary) |
| Dividend per share | ¥55 | 2022-01-01 → 2022-12-31d | Standalone | Dividend paid per share (5-year summary) |
| Dividend per share | ¥55 | 2021-01-01 → 2021-12-31d | Standalone | Dividend paid per share (5-year summary) |
| Dividend per share | ¥40 | 2020-01-01 → 2020-12-31d | Standalone | Dividend paid per share (5-year summary) |
| Net assets per share | ¥351.85 | at 2024-12-31 | Standalone | Net assets per share (5-year summary) |
| Net assets per share | ¥334.27 | at 2023-12-31 | Standalone | Net assets per share (5-year summary) |
| Net assets per share | ¥289.44 | at 2022-12-31d | Standalone | Net assets per share (5-year summary) |
| Net assets per share | ¥243.75 | at 2021-12-31d | Standalone | Net assets per share (5-year summary) |
| Net assets per share | ¥153.71 | at 2020-12-31d | Standalone | Net assets per share (5-year summary) |
| Equity ratio | 53.9% | at 2024-12-31 | Standalone | Equity to asset ratio (5-year summary) |
| Equity ratio | 65.8% | at 2023-12-31 | Standalone | Equity to asset ratio (5-year summary) |
| Equity ratio | 60.3% | at 2022-12-31d | Standalone | Equity to asset ratio (5-year summary) |
| Equity ratio | 54.4% | at 2021-12-31d | Standalone | Equity to asset ratio (5-year summary) |
| Equity ratio | 38.2% | at 2020-12-31d | Standalone | Equity to asset ratio (5-year summary) |
| ROE | 17.6% | 2024-01-01 → 2024-12-31 | Standalone | Rate of return on equity (5-year summary) |
| ROE | 20.3% | 2023-01-01 → 2023-12-31 | Standalone | Rate of return on equity (5-year summary) |
| ROE | 25.6% | 2022-01-01 → 2022-12-31d | Standalone | Rate of return on equity (5-year summary) |
| ROE | 27.2% | 2021-01-01 → 2021-12-31d | Standalone | Rate of return on equity (5-year summary) |
| ROE | 22.0% | 2020-01-01 → 2020-12-31d | Standalone | Rate of return on equity (5-year summary) |
| Shares issued | 5,926,300 | at 2024-12-31 | Standalone | Total number of issued shares (5-year summary) |
| Shares issued | 5,926,300 | at 2023-12-31 | Standalone | Total number of issued shares (5-year summary) |
| Shares issued | 5,926,300 | at 2022-12-31d | Standalone | Total number of issued shares (5-year summary) |
| Shares issued | 5,752,900 | at 2021-12-31d | Standalone | Total number of issued shares (5-year summary) |
| Shares issued | 5,495,500 | at 2020-12-31d | Standalone | Total number of issued shares (5-year summary) |
| Employees | 90 | at 2024-12-31 | Standalone | Number of employees |
| Employees | 88 | at 2023-12-31 | Standalone | Number of employees |
| Employees | 95 | at 2022-12-31d | Standalone | Number of employees |
| Employees | 87 | at 2021-12-31d | Standalone | Number of employees |
| Employees | 73 | at 2020-12-31d | 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.
All source rows · 1,436
| Item | Context | Value | Unit |
|---|---|---|---|
| Number of shares held number of units individuals and others | CurrentYearInstant_OrdinaryShareMember | 20485 | |
| Number of shares held number of units total | CurrentYearInstant_OrdinaryShareMember | 59220 | |
| Number of shares held shares less than one unit | CurrentYearInstant_OrdinaryShareMember | 4300 | |
| Percentage of shareholdings national and local governments | CurrentYearInstant_OrdinaryShareMember | － | |
| Percentage of shareholdings financial institutions | CurrentYearInstant_OrdinaryShareMember | 0.0295 | |
| Percentage of shareholdings financial service providers | CurrentYearInstant_OrdinaryShareMember | 0.0186 | |
| Percentage of shareholdings other corporations | CurrentYearInstant_OrdinaryShareMember | 0.5276 | |
| Percentage of shareholdings foreigners other than individuals | CurrentYearInstant_OrdinaryShareMember | 0.0777 | |
| Percentage of shareholdings foreign individuals | CurrentYearInstant_OrdinaryShareMember | 0.0007 | |
| Percentage of shareholdings individuals and others | CurrentYearInstant_OrdinaryShareMember | 0.3459 | |
| Number of shares held | CurrentYearInstant_No1MajorShareholdersMember | 2010000 | |
| Shareholding ratio | CurrentYearInstant_No1MajorShareholdersMember | 0.3392 | |
| Number of shares held | CurrentYearInstant_No2MajorShareholdersMember | 720000 | |
| Shareholding ratio | CurrentYearInstant_No2MajorShareholdersMember | 0.1215 | |
| Number of shares held | CurrentYearInstant_No3MajorShareholdersMember | 500000 | |
| Shareholding ratio | CurrentYearInstant_No3MajorShareholdersMember | 0.0844 | |
| Number of shares held | CurrentYearInstant_No4MajorShareholdersMember | 500000 | |
| Shareholding ratio | CurrentYearInstant_No4MajorShareholdersMember | 0.0844 | |
| Number of shares held | CurrentYearInstant_No5MajorShareholdersMember | 137000 | |
| Shareholding ratio | CurrentYearInstant_No5MajorShareholdersMember | 0.0232 | |
| Number of shares held | CurrentYearInstant_No6MajorShareholdersMember | 135000 | |
| Shareholding ratio | CurrentYearInstant_No6MajorShareholdersMember | 0.0229 | |
| Number of shares held | CurrentYearInstant_No7MajorShareholdersMember | 100000 | |
| Shareholding ratio | CurrentYearInstant_No7MajorShareholdersMember | 0.0169 | |
| Number of shares held | CurrentYearInstant_No8MajorShareholdersMember | 54000 | |
| Shareholding ratio | CurrentYearInstant_No8MajorShareholdersMember | 0.0091 | |
| Number of shares held | CurrentYearInstant_No9MajorShareholdersMember | 34000 | |
| Shareholding ratio | CurrentYearInstant_No9MajorShareholdersMember | 0.0059 | |
| Number of shares held | CurrentYearInstant_No10MajorShareholdersMember | 34000 | |
| Shareholding ratio | CurrentYearInstant_No10MajorShareholdersMember | 0.0058 | |
| Number of shares held | CurrentYearInstant | 4224000 | |
| Shareholding ratio | CurrentYearInstant | 0.7133 | |
| 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 | － | |
| Number of voting rights issued shares voting rights | CurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember | － | |
| Number of shares issued shares voting rights | CurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsTreasurySharesEtcMember | 100 | |
| Number of shares issued shares voting rights | CurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsOtherMember | 5921900 | |
| Number of voting rights issued shares voting rights | CurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsOtherMember | 59219 | |
| Number of shares issued shares voting rights | CurrentYearInstant_OrdinarySharesSharesLessThanOneUnitMember | 4300 | |
| Number of shares issued shares voting rights | CurrentYearInstant | 5926300 | |
| Number of voting rights issued shares voting rights | CurrentYearInstant | 59219 | |
| Number of shares held in own name treasury shares etc | CurrentYearInstant_Row1Member | 100 | |
| Number of shares held in others names treasury shares etc | CurrentYearInstant_Row1Member | － | |
| Total number of shares held treasury shares etc | CurrentYearInstant_Row1Member | 100 | |
| Shareholding ratio treasury shares etc | CurrentYearInstant_Row1Member | 0.0000 | |
| Number of shares held in own name treasury shares etc | CurrentYearInstant | 100 | |
| Number of shares held in others names treasury shares etc | CurrentYearInstant | － | |
| Total number of shares held treasury shares etc | CurrentYearInstant | 100 | |
| Shareholding ratio treasury shares etc | CurrentYearInstant | 0.0000 |
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 identity | pass rounding |
| balance sheet identity | pass rounding |
| balance sheet identity | pass rounding |
| balance sheet identity | pass |
| dei present | pass |
| period resolution | pass |
| statement vs summary · net assets | pass |
| statement vs summary · net assets | pass |
| statement vs summary · net assets | pass |
| statement vs summary · net assets | pass |
| statement vs summary · net assets | pass |
| statement vs summary · net assets | pass |
| statement vs summary · net income attributable to parent | pass |
| statement vs summary · net income attributable to parent | pass |
| statement vs summary · operating cash flow | pass |
| statement vs summary · operating cash flow | pass |
| statement vs summary · revenue | pass |
| statement vs summary · revenue | pass |
| statement vs summary · revenue | pass |
| statement vs summary · revenue | pass |
| statement vs summary · total assets | pass |
| statement vs summary · total assets | pass |
| statement vs summary · total assets | pass |
| statement vs summary · total assets | pass |