Annual report

Period2025-01-01 → 2025-12-31
Filed2026-03-24
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 148
MetricValuePeriodScopeSource row
Revenue¥19.8bn2025-01-01 → 2025-12-31Cons.Net sales
Revenue¥18.6bn2024-01-01 → 2024-12-31Cons.Net sales
Revenue¥19.1bn2023-01-01 → 2023-12-31vCons.Net sales (5-year summary)
Revenue¥19.8bn2022-01-01 → 2022-12-31vCons.Net sales (5-year summary)
Revenue¥17.4bn2021-01-01 → 2021-12-31dCons.Net sales (5-year summary)
Operating income¥2.8bn2025-01-01 → 2025-12-31Cons.Operating income
Operating income¥2.0bn2024-01-01 → 2024-12-31Cons.Operating income
Ordinary income¥3.0bn2025-01-01 → 2025-12-31Cons.Ordinary income
Ordinary income¥2.2bn2024-01-01 → 2024-12-31Cons.Ordinary income
Ordinary income¥2.8bn2023-01-01 → 2023-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥2.2bn2022-01-01 → 2022-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥2.5bn2021-01-01 → 2021-12-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥2.9bn2025-01-01 → 2025-12-31Cons.Income before income taxes
Profit before tax¥2.2bn2024-01-01 → 2024-12-31Cons.Income before income taxes
Net income (owners)¥2.3bn2025-01-01 → 2025-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥1.7bn2024-01-01 → 2024-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥1.9bn2023-01-01 → 2023-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥1.6bn2022-01-01 → 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¥2.3bn2025-01-01 → 2025-12-31Cons.Profit loss
Net income¥1.7bn2024-01-01 → 2024-12-31Cons.Profit loss
Total assets¥26.2bnat 2025-12-31Cons.Assets
Total assets¥23.3bnat 2024-12-31Cons.Assets
Total assets¥22.6bnat 2023-12-31vCons.Total assets (5-year summary)
Total assets¥19.3bnat 2022-12-31vCons.Total assets (5-year summary)
Total assets¥17.3bnat 2021-12-31dCons.Total assets (5-year summary)
Total liabilities¥13.0bnat 2025-12-31Cons.Liabilities
Total liabilities¥11.0bnat 2024-12-31Cons.Liabilities
Net assets / equity¥13.3bnat 2025-12-31Cons.Net assets
Net assets / equity¥12.3bnat 2024-12-31Cons.Net assets
Net assets / equity¥11.1bnat 2023-12-31vCons.Net assets
Net assets / equity¥9.6bnat 2022-12-31vCons.Net assets (5-year summary)
Net assets / equity¥8.5bnat 2021-12-31dCons.Net assets (5-year summary)
Cash and deposits¥10.9bnat 2025-12-31Cons.Cash and deposits
Cash and deposits¥14.7bnat 2024-12-31Cons.Cash and deposits
Cash & equivalents¥6.9bnat 2025-12-31Cons.Cash and cash equivalents
Cash & equivalents¥14.7bnat 2024-12-31Cons.Cash and cash equivalents
Cash & equivalents¥13.4bnat 2023-12-31vCons.Cash and cash equivalents
Cash & equivalents¥10.2bnat 2022-12-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥8.4bnat 2021-12-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥3.6bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥2.0bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥3.6bn2023-01-01 → 2023-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥2.3bn2022-01-01 → 2022-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥2.1bn2021-01-01 → 2021-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥10.2bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥237m2024-01-01 → 2024-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥57m2023-01-01 → 2023-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥305m2022-01-01 → 2022-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥464m2021-01-01 → 2021-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥1.3bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥507m2024-01-01 → 2024-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥397m2023-01-01 → 2023-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥252m2022-01-01 → 2022-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥481m2021-01-01 → 2021-12-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥123.972025-01-01 → 2025-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥93.112024-01-01 → 2024-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥104.552023-01-01 → 2023-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥85.742022-01-01 → 2022-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥101.082021-01-01 → 2021-12-31dCons.Basic earnings loss per share (5-year summary)
Net assets per share¥714.48at 2025-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥662.01at 2024-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥599.9at 2023-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥518.28at 2022-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥457.12at 2021-12-31dCons.Net assets per share (5-year summary)
Equity ratio50.5%at 2025-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio52.7%at 2024-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio49.1%at 2023-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio49.8%at 2022-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio48.9%at 2021-12-31dCons.Equity to asset ratio (5-year summary)
ROE18.0%2025-01-01 → 2025-12-31Cons.Rate of return on equity (5-year summary)
ROE14.8%2024-01-01 → 2024-12-31Cons.Rate of return on equity (5-year summary)
ROE18.7%2023-01-01 → 2023-12-31vCons.Rate of return on equity (5-year summary)
ROE17.6%2022-01-01 → 2022-12-31vCons.Rate of return on equity (5-year summary)
ROE24.2%2021-01-01 → 2021-12-31dCons.Rate of return on equity (5-year summary)
Employees655at 2025-12-31Cons.Number of employees
Employees678at 2024-12-31Cons.Number of employees
Employees659at 2023-12-31vCons.Number of employees
Employees659at 2022-12-31vCons.Number of employees
Employees653at 2021-12-31dCons.Number of employees
Revenue¥19.4bn2025-01-01 → 2025-12-31StandaloneNet sales
Revenue¥17.8bn2024-01-01 → 2024-12-31StandaloneNet sales
Revenue¥18.3bn2023-01-01 → 2023-12-31vStandaloneNet sales (5-year summary)
Revenue¥18.9bn2022-01-01 → 2022-12-31vStandaloneNet sales (5-year summary)
Revenue¥16.7bn2021-01-01 → 2021-12-31dStandaloneNet sales (5-year summary)
Operating income¥2.9bn2025-01-01 → 2025-12-31StandaloneOperating income
Operating income¥2.2bn2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income¥3.0bn2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income¥2.2bn2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income¥2.8bn2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥2.2bn2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥2.5bn2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥2.8bn2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax¥2.1bn2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income¥2.2bn2025-01-01 → 2025-12-31StandaloneProfit loss
Net income¥1.6bn2024-01-01 → 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¥26.1bnat 2025-12-31StandaloneAssets
Total assets¥22.9bnat 2024-12-31StandaloneAssets
Total assets¥22.3bnat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥18.8bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥16.9bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥12.8bnat 2025-12-31StandaloneLiabilities
Total liabilities¥10.6bnat 2024-12-31StandaloneLiabilities
Net assets / equity¥13.3bnat 2025-12-31StandaloneNet assets
Net assets / equity¥12.3bnat 2024-12-31StandaloneNet assets
Net assets / equity¥11.1bnat 2023-12-31vStandaloneNet assets
Net assets / equity¥9.6bnat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥8.4bnat 2021-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥10.8bnat 2025-12-31StandaloneCash and deposits
Cash and deposits¥14.5bnat 2024-12-31StandaloneCash and deposits
EPS (basic)¥118.212025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥87.832024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥100.462023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥82.22022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥98.122021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥542025-01-01 → 2025-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥522024-01-01 → 2024-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥242023-01-01 → 2023-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥162022-01-01 → 2022-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥142021-01-01 → 2021-12-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥715.01at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥661.65at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥601.35at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥518.35at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥456.12at 2021-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio50.9%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio53.6%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio50.0%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio51.2%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio50.1%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE17.2%2025-01-01 → 2025-12-31StandaloneRate of return on equity (5-year summary)
ROE13.9%2024-01-01 → 2024-12-31StandaloneRate of return on equity (5-year summary)
ROE17.9%2023-01-01 → 2023-12-31vStandaloneRate of return on equity (5-year summary)
ROE16.9%2022-01-01 → 2022-12-31vStandaloneRate of return on equity (5-year summary)
ROE23.5%2021-01-01 → 2021-12-31dStandaloneRate of return on equity (5-year summary)
Shares issued19,738,888at 2025-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued19,738,888at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued19,738,888at 2023-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued19,738,888at 2022-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued19,738,888at 2021-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees643at 2025-12-31StandaloneNumber of employees
Employees645at 2024-12-31StandaloneNumber of employees
Employees626at 2023-12-31vStandaloneNumber of employees
Employees615at 2022-12-31vStandaloneNumber of employees
Employees604at 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 · 16
SegmentItemPeriodValue
—segment totalemployeesat 2025-12-31592 pure
Total Of Reportable Segments And Otherssegment totalcapex2025-01-01 → 2025-12-31¥181m
Total Of Reportable Segments And Otherssegment totaldepreciation2025-01-01 → 2025-12-31¥227m
Total Of Reportable Segments And Otherssegment totalrevenue2025-01-01 → 2025-12-31¥19.8bn
Total Of Reportable Segments And Otherssegment totalrevenue external2025-01-01 → 2025-12-31¥19.8bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2025-01-01 → 2025-12-31¥43m
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2025-12-31¥6.9bn
Total Of Reportable Segments And Otherssegment totalsegment profit2025-01-01 → 2025-12-31¥3.6bn
Total Of Reportable Segments And Otherssegment totalcapex2024-01-01 → 2024-12-31¥95m
Total Of Reportable Segments And Otherssegment totaldepreciation2024-01-01 → 2024-12-31¥299m
Total Of Reportable Segments And Otherssegment totalrevenue2024-01-01 → 2024-12-31¥18.7bn
Total Of Reportable Segments And Otherssegment totalrevenue external2024-01-01 → 2024-12-31¥18.6bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2024-01-01 → 2024-12-31¥63m
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2024-12-31¥6.3bn
Total Of Reportable Segments And Otherssegment totalsegment profit2024-01-01 → 2024-12-31¥3.0bn
—segment totalemployeesat 2025-12-31580 pure

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

All source rows · 1,466
ItemContextValueUnit
Loss on investments in partnership noePrior1YearDuration6000000JPY
Loss on investments in partnership noeCurrentYearDuration13000000JPY
Other noePrior1YearDuration0JPY
Other noeCurrentYearDuration2000000JPY
Non operating expensesPrior1YearDuration38000000JPY
Non operating expensesCurrentYearDuration19000000JPY
Ordinary incomePrior1YearDuration2156000000JPY
Ordinary incomeCurrentYearDuration2977000000JPY
Gain on sales of investment securities eiPrior1YearDuration27000000JPY
Gain on sales of investment securities eiCurrentYearDuration39000000JPY
Gain on sales of noncurrent assets eiPrior1YearDuration0JPY
Gain on sales of noncurrent assets eiCurrentYearDuration44000000JPY
Extraordinary incomePrior1YearDuration28000000JPY
Extraordinary incomeCurrentYearDuration83000000JPY
Impairment loss elPrior1YearDuration1000000JPY
Impairment loss elCurrentYearDuration-JPY
Loss on valuation of investment securities elPrior1YearDuration8000000JPY
Loss on valuation of investment securities elCurrentYearDuration16000000JPY
Loss on sales of investment securities elPrior1YearDuration3000000JPY
Loss on sales of investment securities elCurrentYearDuration-JPY
Loss on sale of investment in affiliates elPrior1YearDuration-JPY
Loss on sale of investment in affiliates elCurrentYearDuration105000000JPY
Extraordinary lossPrior1YearDuration13000000JPY
Extraordinary lossCurrentYearDuration122000000JPY
Income before income taxesPrior1YearDuration2171000000JPY
Income before income taxesCurrentYearDuration2938000000JPY
Income taxes currentPrior1YearDuration349000000JPY
Income taxes currentCurrentYearDuration775000000JPY
Income taxes deferredPrior1YearDuration90000000JPY
Income taxes deferredCurrentYearDuration-132000000JPY
Income taxes for prior periods income taxesPrior1YearDuration10000000JPY
Income taxes for prior periods income taxesCurrentYearDuration-JPY
Income taxesPrior1YearDuration450000000JPY
Income taxesCurrentYearDuration643000000JPY
Profit lossPrior1YearDuration1720000000JPY
Profit lossCurrentYearDuration2295000000JPY
Profit loss attributable to non controlling interestsPrior1YearDuration-4000000JPY
Profit loss attributable to non controlling interestsCurrentYearDuration-2000000JPY
Profit loss attributable to owners of parentPrior1YearDuration1725000000JPY
Profit loss attributable to owners of parentCurrentYearDuration2298000000JPY
Profit lossPrior1YearDuration1720000000JPY
Profit lossCurrentYearDuration2295000000JPY
Valuation difference on available for sale securities net of tax ociPrior1YearDuration-13000000JPY
Valuation difference on available for sale securities net of tax ociCurrentYearDuration-0JPY
Foreign currency translation adjustment net of tax ociPrior1YearDuration-62000000JPY
Foreign currency translation adjustment net of tax ociCurrentYearDuration-123000000JPY
Other comprehensive incomePrior1YearDuration-76000000JPY
Other comprehensive incomeCurrentYearDuration-123000000JPY
Comprehensive incomePrior1YearDuration1644000000JPY
Comprehensive incomeCurrentYearDuration2172000000JPY

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 rounding
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