Annual report

Period2023-01-01 → 2023-12-31

Filed2024-03-28

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 148

Metric	Value	Period	Scope	Source row
Revenue	¥19.1bn	2023-01-01 → 2023-12-31	Cons.	Net sales
Revenue	¥19.8bn	2022-01-01 → 2022-12-31	Cons.	Net sales
Revenue	¥17.4bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥16.5bn	2020-01-01 → 2020-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥15.6bn	2019-01-01 → 2019-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥2.6bn	2023-01-01 → 2023-12-31	Cons.	Operating income
Operating income	¥2.0bn	2022-01-01 → 2022-12-31	Cons.	Operating income
Ordinary income	¥2.8bn	2023-01-01 → 2023-12-31	Cons.	Ordinary income
Ordinary income	¥2.2bn	2022-01-01 → 2022-12-31	Cons.	Ordinary income
Ordinary income	¥2.5bn	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥1.9bn	2020-01-01 → 2020-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥1.1bn	2019-01-01 → 2019-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥2.8bn	2023-01-01 → 2023-12-31	Cons.	Income before income taxes
Profit before tax	¥2.3bn	2022-01-01 → 2022-12-31	Cons.	Income before income taxes
Net income (owners)	¥1.9bn	2023-01-01 → 2023-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥1.6bn	2022-01-01 → 2022-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥1.9bn	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥1.5bn	2020-01-01 → 2020-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥660m	2019-01-01 → 2019-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥1.9bn	2023-01-01 → 2023-12-31	Cons.	Profit loss
Net income	¥1.6bn	2022-01-01 → 2022-12-31	Cons.	Profit loss
Total assets	¥22.6bn	at 2023-12-31	Cons.	Assets
Total assets	¥19.3bn	at 2022-12-31	Cons.	Assets
Total assets	¥17.3bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥16.0bn	at 2020-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥14.1bn	at 2019-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥11.5bn	at 2023-12-31	Cons.	Liabilities
Total liabilities	¥9.6bn	at 2022-12-31	Cons.	Liabilities
Net assets / equity	¥11.1bn	at 2023-12-31	Cons.	Net assets
Net assets / equity	¥9.6bn	at 2022-12-31	Cons.	Net assets
Net assets / equity	¥8.5bn	at 2021-12-31^d	Cons.	Net assets
Net assets / equity	¥7.0bn	at 2020-12-31^d	Cons.	Net assets (5-year summary)
Net assets / equity	¥6.5bn	at 2019-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥13.4bn	at 2023-12-31	Cons.	Cash and deposits
Cash and deposits	¥10.2bn	at 2022-12-31	Cons.	Cash and deposits
Cash & equivalents	¥13.4bn	at 2023-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥10.2bn	at 2022-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥8.4bn	at 2021-12-31^d	Cons.	Cash and cash equivalents
Cash & equivalents	¥7.3bn	at 2020-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥6.9bn	at 2019-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥3.6bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥2.3bn	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥2.1bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥2.6bn	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥2.4bn	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥57m	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥305m	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥464m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥1.1bn	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥635m	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥397m	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥252m	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥481m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥1.1bn	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥136m	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥104.55	2023-01-01 → 2023-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥85.74	2022-01-01 → 2022-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥101.08	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥78.27	2020-01-01 → 2020-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥34.83	2019-01-01 → 2019-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥599.9	at 2023-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥518.28	at 2022-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥457.12	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥377.64	at 2020-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥344.21	at 2019-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	49.1%	at 2023-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	49.8%	at 2022-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	48.9%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	43.8%	at 2020-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	46.4%	at 2019-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	18.7%	2023-01-01 → 2023-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	17.6%	2022-01-01 → 2022-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	24.2%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	21.9%	2020-01-01 → 2020-12-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	10.5%	2019-01-01 → 2019-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	659	at 2023-12-31	Cons.	Number of employees
Employees	659	at 2022-12-31	Cons.	Number of employees
Employees	653	at 2021-12-31^d	Cons.	Number of employees
Employees	642	at 2020-12-31^d	Cons.	Number of employees
Employees	644	at 2019-12-31^d	Cons.	Number of employees
Revenue	¥18.3bn	2023-01-01 → 2023-12-31	Standalone	Net sales
Revenue	¥18.9bn	2022-01-01 → 2022-12-31	Standalone	Net sales
Revenue	¥16.7bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥15.9bn	2020-01-01 → 2020-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥14.9bn	2019-01-01 → 2019-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥2.8bn	2023-01-01 → 2023-12-31	Standalone	Operating income
Operating income	¥2.2bn	2022-01-01 → 2022-12-31	Standalone	Operating income
Ordinary income	¥2.8bn	2023-01-01 → 2023-12-31	Standalone	Ordinary income
Ordinary income	¥2.2bn	2022-01-01 → 2022-12-31	Standalone	Ordinary income
Ordinary income	¥2.5bn	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥1.8bn	2020-01-01 → 2020-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥1.1bn	2019-01-01 → 2019-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥2.7bn	2023-01-01 → 2023-12-31	Standalone	Income before income taxes
Profit before tax	¥2.3bn	2022-01-01 → 2022-12-31	Standalone	Income before income taxes
Net income	¥1.9bn	2023-01-01 → 2023-12-31	Standalone	Profit loss
Net income	¥1.5bn	2022-01-01 → 2022-12-31	Standalone	Profit loss
Net income	¥1.8bn	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥1.4bn	2020-01-01 → 2020-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥739m	2019-01-01 → 2019-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥22.3bn	at 2023-12-31	Standalone	Assets
Total assets	¥18.8bn	at 2022-12-31	Standalone	Assets
Total assets	¥16.9bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥15.4bn	at 2020-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥13.5bn	at 2019-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥11.1bn	at 2023-12-31	Standalone	Liabilities
Total liabilities	¥9.2bn	at 2022-12-31	Standalone	Liabilities
Net assets / equity	¥11.1bn	at 2023-12-31	Standalone	Net assets
Net assets / equity	¥9.6bn	at 2022-12-31	Standalone	Net assets
Net assets / equity	¥8.4bn	at 2021-12-31^d	Standalone	Net assets
Net assets / equity	¥7.0bn	at 2020-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥6.5bn	at 2019-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥13.3bn	at 2023-12-31	Standalone	Cash and deposits
Cash and deposits	¥10.1bn	at 2022-12-31	Standalone	Cash and deposits
EPS (basic)	¥100.46	2023-01-01 → 2023-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥82.2	2022-01-01 → 2022-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥98.12	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥73.94	2020-01-01 → 2020-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥39.02	2019-01-01 → 2019-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
Dividend per share	¥24	2023-01-01 → 2023-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥16	2022-01-01 → 2022-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥14	2021-01-01 → 2021-12-31^d	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥12	2020-01-01 → 2020-12-31^d	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥10	2019-01-01 → 2019-12-31^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥601.35	at 2023-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥518.35	at 2022-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥456.12	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥376.75	at 2020-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥343.17	at 2019-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	50.0%	at 2023-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	51.2%	at 2022-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	50.1%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	45.5%	at 2020-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	48.3%	at 2019-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	17.9%	2023-01-01 → 2023-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	16.9%	2022-01-01 → 2022-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	23.5%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	20.7%	2020-01-01 → 2020-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	11.9%	2019-01-01 → 2019-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	19,738,888	at 2023-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	19,738,888	at 2022-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	19,738,888	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	19,738,888	at 2020-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	19,738,888	at 2019-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	626	at 2023-12-31	Standalone	Number of employees
Employees	615	at 2022-12-31	Standalone	Number of employees
Employees	604	at 2021-12-31^d	Standalone	Number of employees
Employees	588	at 2020-12-31^d	Standalone	Number of employees
Employees	581	at 2019-12-31^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 · 16

Segment	Item	Period	Value
—segment total	employees	at 2023-12-31	585 pure
Total Of Reportable Segments And Otherssegment total	capex	2023-01-01 → 2023-12-31	¥400m
Total Of Reportable Segments And Otherssegment total	depreciation	2023-01-01 → 2023-12-31	¥291m
Total Of Reportable Segments And Otherssegment total	revenue	2023-01-01 → 2023-12-31	¥19.1bn
Total Of Reportable Segments And Otherssegment total	revenue external	2023-01-01 → 2023-12-31	¥19.1bn
Total Of Reportable Segments And Otherssegment total	revenue intersegment	2023-01-01 → 2023-12-31	¥47m
Total Of Reportable Segments And Otherssegment total	segment assets	at 2023-12-31	¥5.8bn
Total Of Reportable Segments And Otherssegment total	segment profit	2023-01-01 → 2023-12-31	¥3.5bn
Total Of Reportable Segments And Otherssegment total	capex	2022-01-01 → 2022-12-31	¥194m
Total Of Reportable Segments And Otherssegment total	depreciation	2022-01-01 → 2022-12-31	¥416m
Total Of Reportable Segments And Otherssegment total	revenue	2022-01-01 → 2022-12-31	¥19.8bn
Total Of Reportable Segments And Otherssegment total	revenue external	2022-01-01 → 2022-12-31	¥19.8bn
Total Of Reportable Segments And Otherssegment total	revenue intersegment	2022-01-01 → 2022-12-31	¥57m
Total Of Reportable Segments And Otherssegment total	segment assets	at 2022-12-31	¥5.3bn
Total Of Reportable Segments And Otherssegment total	segment profit	2022-01-01 → 2022-12-31	¥2.7bn
—segment total	employees	at 2023-12-31	552 pure

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

All source rows · 1,474

Item	Context	Value	Unit
Shareholders equity	Prior1YearInstant_NonConsolidatedMember	9589000000	JPY
Shareholders equity	CurrentYearInstant_NonConsolidatedMember	11128000000	JPY
Valuation difference on available for sale securities	Prior1YearInstant_NonConsolidatedMember	10000000	JPY
Valuation difference on available for sale securities	CurrentYearInstant_NonConsolidatedMember	14000000	JPY
Valuation and translation adjustments	Prior1YearInstant_NonConsolidatedMember	10000000	JPY
Valuation and translation adjustments	CurrentYearInstant_NonConsolidatedMember	14000000	JPY
Net assets	Prior1YearInstant_NonConsolidatedMember	9599000000	JPY
Net assets	CurrentYearInstant_NonConsolidatedMember	11142000000	JPY
Liabilities and net assets	Prior1YearInstant_NonConsolidatedMember	18759000000	JPY
Liabilities and net assets	CurrentYearInstant_NonConsolidatedMember	22283000000	JPY
Net sales	Prior1YearDuration_NonConsolidatedMember	18929000000	JPY
Net sales	CurrentYearDuration_NonConsolidatedMember	18275000000	JPY
Cost of sales	Prior1YearDuration_NonConsolidatedMember	11545000000	JPY
Cost of sales	CurrentYearDuration_NonConsolidatedMember	9977000000	JPY
Gross profit	Prior1YearDuration_NonConsolidatedMember	7384000000	JPY
Gross profit	CurrentYearDuration_NonConsolidatedMember	8298000000	JPY
Selling general and administrative expenses	Prior1YearDuration_NonConsolidatedMember	5208000000	JPY
Selling general and administrative expenses	CurrentYearDuration_NonConsolidatedMember	5475000000	JPY
Operating income	Prior1YearDuration_NonConsolidatedMember	2176000000	JPY
Operating income	CurrentYearDuration_NonConsolidatedMember	2822000000	JPY
Interest income noi	Prior1YearDuration_NonConsolidatedMember	11000000	JPY
Interest income noi	CurrentYearDuration_NonConsolidatedMember	11000000	JPY
Dividends income noi	Prior1YearDuration_NonConsolidatedMember	0	JPY
Dividends income noi	CurrentYearDuration_NonConsolidatedMember	73000000	JPY
Foreign exchange gains noi	Prior1YearDuration_NonConsolidatedMember	98000000	JPY
Foreign exchange gains noi	CurrentYearDuration_NonConsolidatedMember	129000000	JPY
Subsidy income noi bounty	Prior1YearDuration_NonConsolidatedMember	85000000	JPY
Subsidy income noi bounty	CurrentYearDuration_NonConsolidatedMember	19000000	JPY
Other noi	Prior1YearDuration_NonConsolidatedMember	5000000	JPY
Other noi	CurrentYearDuration_NonConsolidatedMember	21000000	JPY
Non operating income	Prior1YearDuration_NonConsolidatedMember	201000000	JPY
Non operating income	CurrentYearDuration_NonConsolidatedMember	255000000	JPY
Interest expenses noe	Prior1YearDuration_NonConsolidatedMember	0	JPY
Interest expenses noe	CurrentYearDuration_NonConsolidatedMember	－	JPY
Loss on retirement of noncurrent assets noe	Prior1YearDuration_NonConsolidatedMember	4000000	JPY
Loss on retirement of noncurrent assets noe	CurrentYearDuration_NonConsolidatedMember	12000000	JPY
Provision of allowance for doubtful accounts noe	Prior1YearDuration_NonConsolidatedMember	186000000	JPY
Provision of allowance for doubtful accounts noe	CurrentYearDuration_NonConsolidatedMember	280000000	JPY
Bad debts expenses noe	Prior1YearDuration_NonConsolidatedMember	2000000	JPY
Bad debts expenses noe	CurrentYearDuration_NonConsolidatedMember	－	JPY
Loss on investments in partnership noe	Prior1YearDuration_NonConsolidatedMember	13000000	JPY
Loss on investments in partnership noe	CurrentYearDuration_NonConsolidatedMember	30000000	JPY
Litigation settlement noe	Prior1YearDuration_NonConsolidatedMember	2000000	JPY
Litigation settlement noe	CurrentYearDuration_NonConsolidatedMember	－	JPY
Other noe	Prior1YearDuration_NonConsolidatedMember	0	JPY
Other noe	CurrentYearDuration_NonConsolidatedMember	－	JPY
Non operating expenses	Prior1YearDuration_NonConsolidatedMember	210000000	JPY
Non operating expenses	CurrentYearDuration_NonConsolidatedMember	323000000	JPY
Ordinary income	Prior1YearDuration_NonConsolidatedMember	2167000000	JPY
Ordinary income	CurrentYearDuration_NonConsolidatedMember	2755000000	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 · 24 of 24 passed

balance sheet identity	consolidated 2022-12-31	pass
balance sheet identity	consolidated 2023-12-31	pass
balance sheet identity	non_consolidated 2022-12-31	pass rounding
balance sheet identity	non_consolidated 2023-12-31	pass rounding
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2021-12-31	pass
statement vs summary · net assets	consolidated 2022-12-31	pass
statement vs summary · net assets	consolidated 2023-12-31	pass
statement vs summary · net assets	non_consolidated 2021-12-31	pass
statement vs summary · net assets	non_consolidated 2022-12-31	pass
statement vs summary · net assets	non_consolidated 2023-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · operating cash flow	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · operating cash flow	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · revenue	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	non_consolidated 2022-01-01/2022-12-31	pass
statement vs summary · revenue	non_consolidated 2023-01-01/2023-12-31	pass
statement vs summary · total assets	consolidated 2022-12-31	pass
statement vs summary · total assets	consolidated 2023-12-31	pass
statement vs summary · total assets	non_consolidated 2022-12-31	pass
statement vs summary · total assets	non_consolidated 2023-12-31	pass