Annual report

Period2024-12-01 → 2025-11-30
Filed2026-02-24
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 158
MetricValuePeriodScopeSource row
Revenue¥182.8bn2024-12-01 → 2025-11-30Cons.Net sales
Revenue¥170.9bn2023-12-01 → 2024-11-30Cons.Net sales
Revenue¥158.3bn2022-12-01 → 2023-11-30vCons.Net sales (5-year summary)
Revenue¥147.4bn2021-12-01 → 2022-11-30vCons.Net sales (5-year summary)
Revenue¥110.9bn2020-12-01 → 2021-11-30dCons.Net sales (5-year summary)
Operating income¥5.9bn2024-12-01 → 2025-11-30Cons.Operating income
Operating income¥4.5bn2023-12-01 → 2024-11-30Cons.Operating income
Ordinary income¥5.8bn2024-12-01 → 2025-11-30Cons.Ordinary income
Ordinary income¥4.3bn2023-12-01 → 2024-11-30Cons.Ordinary income
Ordinary income¥2.8bn2022-12-01 → 2023-11-30vCons.Ordinary income loss (5-year summary)
Ordinary income¥3.1bn2021-12-01 → 2022-11-30vCons.Ordinary income loss (5-year summary)
Ordinary income¥2.7bn2020-12-01 → 2021-11-30dCons.Ordinary income loss (5-year summary)
Profit before tax¥5.8bn2024-12-01 → 2025-11-30Cons.Income before income taxes
Profit before tax¥4.3bn2023-12-01 → 2024-11-30Cons.Income before income taxes
Net income (owners)¥4.3bn2024-12-01 → 2025-11-30Cons.Profit loss attributable to owners of parent
Net income (owners)¥3.1bn2023-12-01 → 2024-11-30Cons.Profit loss attributable to owners of parent
Net income (owners)¥2.0bn2022-12-01 → 2023-11-30vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥2.3bn2021-12-01 → 2022-11-30vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥2.0bn2020-12-01 → 2021-11-30dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥4.3bn2024-12-01 → 2025-11-30Cons.Profit loss
Net income¥3.1bn2023-12-01 → 2024-11-30Cons.Profit loss
Total assets¥90.2bnat 2025-11-30Cons.Assets
Total assets¥81.4bnat 2024-11-30Cons.Assets
Total assets¥72.0bnat 2023-11-30vCons.Total assets (5-year summary)
Total assets¥73.5bnat 2022-11-30vCons.Total assets (5-year summary)
Total assets¥52.9bnat 2021-11-30dCons.Total assets (5-year summary)
Total liabilities¥57.8bnat 2025-11-30Cons.Liabilities
Total liabilities¥53.9bnat 2024-11-30Cons.Liabilities
Net assets / equity¥32.4bnat 2025-11-30Cons.Net assets
Net assets / equity¥27.6bnat 2024-11-30Cons.Net assets
Net assets / equity¥24.7bnat 2023-11-30vCons.Net assets
Net assets / equity¥22.5bnat 2022-11-30vCons.Net assets (5-year summary)
Net assets / equity¥19.6bnat 2021-11-30dCons.Net assets (5-year summary)
Cash and deposits¥10.2bnat 2025-11-30Cons.Cash and deposits
Cash and deposits¥9.1bnat 2024-11-30Cons.Cash and deposits
Cash & equivalents¥9.5bnat 2025-11-30Cons.Cash and cash equivalents
Cash & equivalents¥8.5bnat 2024-11-30Cons.Cash and cash equivalents
Cash & equivalents¥7.3bnat 2023-11-30vCons.Cash and cash equivalents
Cash & equivalents¥5.9bnat 2022-11-30vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥5.0bnat 2021-11-30dCons.Cash and cash equivalents (5-year summary)
Operating cash flow−¥268m2024-12-01 → 2025-11-30Cons.Net cash provided by used in operating activities
Operating cash flow¥636m2023-12-01 → 2024-11-30Cons.Net cash provided by used in operating activities
Operating cash flow¥3.2bn2022-12-01 → 2023-11-30vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥10.4bn2021-12-01 → 2022-11-30vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥4.0bn2020-12-01 → 2021-11-30dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥1.5bn2024-12-01 → 2025-11-30Cons.Net cash provided by used in investment activities
Investing cash flow−¥596m2023-12-01 → 2024-11-30Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.4bn2022-12-01 → 2023-11-30vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥287m2021-12-01 → 2022-11-30vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥291m2020-12-01 → 2021-11-30dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥2.4bn2024-12-01 → 2025-11-30Cons.Net cash provided by used in financing activities
Financing cash flow¥1.1bn2023-12-01 → 2024-11-30Cons.Net cash provided by used in financing activities
Financing cash flow−¥772m2022-12-01 → 2023-11-30vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥11.1bn2021-12-01 → 2022-11-30vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥4.7bn2020-12-01 → 2021-11-30dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥433.182024-12-01 → 2025-11-30Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥315.832023-12-01 → 2024-11-30Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥206.462022-12-01 → 2023-11-30vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥231.642021-12-01 → 2022-11-30vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥198.732020-12-01 → 2021-11-30dCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥431.942024-12-01 → 2025-11-30Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥314.592023-12-01 → 2024-11-30Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥204.442022-12-01 → 2023-11-30vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥228.82021-12-01 → 2022-11-30vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥195.92020-12-01 → 2021-11-30dCons.Diluted earnings per share (5-year summary)
Net assets per share¥3,250.93at 2025-11-30Cons.Net assets per share (5-year summary)
Net assets per share¥2,766.36at 2024-11-30Cons.Net assets per share (5-year summary)
Net assets per share¥2,476.38at 2023-11-30vCons.Net assets per share (5-year summary)
Net assets per share¥2,265.51at 2022-11-30vCons.Net assets per share (5-year summary)
Net assets per share¥1,978.42at 2021-11-30dCons.Net assets per share (5-year summary)
Equity ratio35.9%at 2025-11-30Cons.Equity to asset ratio (5-year summary)
Equity ratio33.8%at 2024-11-30Cons.Equity to asset ratio (5-year summary)
Equity ratio34.2%at 2023-11-30vCons.Equity to asset ratio (5-year summary)
Equity ratio30.5%at 2022-11-30vCons.Equity to asset ratio (5-year summary)
Equity ratio36.9%at 2021-11-30dCons.Equity to asset ratio (5-year summary)
ROE14.4%2024-12-01 → 2025-11-30Cons.Rate of return on equity (5-year summary)
ROE12.1%2023-12-01 → 2024-11-30Cons.Rate of return on equity (5-year summary)
ROE8.7%2022-12-01 → 2023-11-30vCons.Rate of return on equity (5-year summary)
ROE10.9%2021-12-01 → 2022-11-30vCons.Rate of return on equity (5-year summary)
ROE10.6%2020-12-01 → 2021-11-30dCons.Rate of return on equity (5-year summary)
Employees424at 2025-11-30Cons.Number of employees
Employees398at 2024-11-30Cons.Number of employees
Employees377at 2023-11-30vCons.Number of employees
Employees364at 2022-11-30vCons.Number of employees
Employees323at 2021-11-30dCons.Number of employees
Revenue¥149.0bn2024-12-01 → 2025-11-30StandaloneNet sales
Revenue¥139.7bn2023-12-01 → 2024-11-30StandaloneNet sales
Revenue¥135.4bn2022-12-01 → 2023-11-30vStandaloneNet sales (5-year summary)
Revenue¥119.4bn2021-12-01 → 2022-11-30vStandaloneNet sales (5-year summary)
Revenue¥92.1bn2020-12-01 → 2021-11-30dStandaloneNet sales (5-year summary)
Operating income¥4.2bn2024-12-01 → 2025-11-30StandaloneOperating income
Operating income¥3.1bn2023-12-01 → 2024-11-30StandaloneOperating income
Ordinary income¥4.1bn2024-12-01 → 2025-11-30StandaloneOrdinary income
Ordinary income¥2.7bn2023-12-01 → 2024-11-30StandaloneOrdinary income
Ordinary income¥2.1bn2022-12-01 → 2023-11-30vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥2.3bn2021-12-01 → 2022-11-30vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.8bn2020-12-01 → 2021-11-30dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥4.1bn2024-12-01 → 2025-11-30StandaloneIncome before income taxes
Profit before tax¥2.7bn2023-12-01 → 2024-11-30StandaloneIncome before income taxes
Net income¥2.9bn2024-12-01 → 2025-11-30StandaloneProfit loss
Net income¥1.9bn2023-12-01 → 2024-11-30StandaloneProfit loss
Net income¥1.4bn2022-12-01 → 2023-11-30vStandaloneNet income loss (5-year summary)
Net income¥1.6bn2021-12-01 → 2022-11-30vStandaloneNet income loss (5-year summary)
Net income¥1.3bn2020-12-01 → 2021-11-30dStandaloneNet income loss (5-year summary)
Total assets¥76.3bnat 2025-11-30StandaloneAssets
Total assets¥69.5bnat 2024-11-30StandaloneAssets
Total assets¥63.6bnat 2023-11-30vStandaloneTotal assets (5-year summary)
Total assets¥66.4bnat 2022-11-30vStandaloneTotal assets (5-year summary)
Total assets¥47.1bnat 2021-11-30dStandaloneTotal assets (5-year summary)
Total liabilities¥54.0bnat 2025-11-30StandaloneLiabilities
Total liabilities¥49.7bnat 2024-11-30StandaloneLiabilities
Net assets / equity¥22.3bnat 2025-11-30StandaloneNet assets
Net assets / equity¥19.7bnat 2024-11-30StandaloneNet assets
Net assets / equity¥18.5bnat 2023-11-30vStandaloneNet assets
Net assets / equity¥17.6bnat 2022-11-30vStandaloneNet assets (5-year summary)
Net assets / equity¥16.3bnat 2021-11-30dStandaloneNet assets (5-year summary)
Cash and deposits¥5.0bnat 2025-11-30StandaloneCash and deposits
Cash and deposits¥4.7bnat 2024-11-30StandaloneCash and deposits
EPS (basic)¥288.12024-12-01 → 2025-11-30StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥186.562023-12-01 → 2024-11-30StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥144.382022-12-01 → 2023-11-30vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥159.612021-12-01 → 2022-11-30vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥128.012020-12-01 → 2021-11-30dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥287.282024-12-01 → 2025-11-30StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥185.832023-12-01 → 2024-11-30StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥142.982022-12-01 → 2023-11-30vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥157.652021-12-01 → 2022-11-30vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥126.192020-12-01 → 2021-11-30dStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥1322024-12-01 → 2025-11-30StandaloneDividend paid per share (5-year summary)
Dividend per share¥802023-12-01 → 2024-11-30StandaloneDividend paid per share (5-year summary)
Dividend per share¥482022-12-01 → 2023-11-30vStandaloneDividend paid per share (5-year summary)
Dividend per share¥402021-12-01 → 2022-11-30vStandaloneDividend paid per share (5-year summary)
Dividend per share¥322020-12-01 → 2021-11-30dStandaloneDividend paid per share (5-year summary)
Net assets per share¥2,236.97at 2025-11-30StandaloneNet assets per share (5-year summary)
Net assets per share¥1,977.16at 2024-11-30StandaloneNet assets per share (5-year summary)
Net assets per share¥1,852.97at 2023-11-30vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,768.57at 2022-11-30vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,641.04at 2021-11-30dStandaloneNet assets per share (5-year summary)
Equity ratio29.2%at 2025-11-30StandaloneEquity to asset ratio (5-year summary)
Equity ratio28.3%at 2024-11-30StandaloneEquity to asset ratio (5-year summary)
Equity ratio29.0%at 2023-11-30vStandaloneEquity to asset ratio (5-year summary)
Equity ratio26.3%at 2022-11-30vStandaloneEquity to asset ratio (5-year summary)
Equity ratio34.4%at 2021-11-30dStandaloneEquity to asset ratio (5-year summary)
ROE13.7%2024-12-01 → 2025-11-30StandaloneRate of return on equity (5-year summary)
ROE9.7%2023-12-01 → 2024-11-30StandaloneRate of return on equity (5-year summary)
ROE8.0%2022-12-01 → 2023-11-30vStandaloneRate of return on equity (5-year summary)
ROE9.4%2021-12-01 → 2022-11-30vStandaloneRate of return on equity (5-year summary)
ROE8.0%2020-12-01 → 2021-11-30dStandaloneRate of return on equity (5-year summary)
Shares issued10,021,600at 2025-11-30StandaloneTotal number of issued shares (5-year summary)
Shares issued10,021,600at 2024-11-30StandaloneTotal number of issued shares (5-year summary)
Shares issued9,961,200at 2023-11-30vStandaloneTotal number of issued shares (5-year summary)
Shares issued9,915,200at 2022-11-30vStandaloneTotal number of issued shares (5-year summary)
Shares issued9,899,200at 2021-11-30dStandaloneTotal number of issued shares (5-year summary)
Employees151at 2025-11-30StandaloneNumber of employees
Employees139at 2024-11-30StandaloneNumber of employees
Employees131at 2023-11-30vStandaloneNumber of employees
Employees125at 2022-11-30vStandaloneNumber of employees
Employees114at 2021-11-30dStandaloneNumber 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 · 1,508
ItemContextValueUnit
Interest expenses paid ope cf fin cfCurrentYearDuration-488000000JPY
Income taxes paid ope cfPrior1YearDuration-559000000JPY
Income taxes paid ope cfCurrentYearDuration-1697000000JPY
Net cash provided by used in operating activitiesPrior1YearDuration636000000JPY
Net cash provided by used in operating activitiesCurrentYearDuration-268000000JPY
Decrease increase in time deposits inv cfPrior1YearDuration-60000000JPY
Decrease increase in time deposits inv cfCurrentYearDuration-149000000JPY
Purchase of investment securities inv cfPrior1YearDuration-20000000JPY
Purchase of investment securities inv cfCurrentYearDuration-20000000JPY
Purchase of property plant and equipment inv cfPrior1YearDuration-557000000JPY
Purchase of property plant and equipment inv cfCurrentYearDuration-1068000000JPY
Proceeds from sales of property plant and equipment inv cfPrior1YearDuration0JPY
Proceeds from sales of property plant and equipment inv cfCurrentYearDuration3000000JPY
Purchase of intangible assets inv cfPrior1YearDuration-264000000JPY
Purchase of intangible assets inv cfCurrentYearDuration-457000000JPY
Proceeds from maturity of insurance funds inv cfPrior1YearDuration438000000JPY
Proceeds from maturity of insurance funds inv cfCurrentYearDuration311000000JPY
Purchase of insurance funds inv cfPrior1YearDuration-19000000JPY
Purchase of insurance funds inv cfCurrentYearDuration-20000000JPY
Other net inv cfPrior1YearDuration-113000000JPY
Other net inv cfCurrentYearDuration-107000000JPY
Net cash provided by used in investment activitiesPrior1YearDuration-596000000JPY
Net cash provided by used in investment activitiesCurrentYearDuration-1508000000JPY
Increase decrease in short term loans payable fin cfPrior1YearDuration2750000000JPY
Increase decrease in short term loans payable fin cfCurrentYearDuration5016000000JPY
Increase decrease in commercial papers fin cfPrior1YearDuration-JPY
Increase decrease in commercial papers fin cfCurrentYearDuration-1000000000JPY
Proceeds from long term loans payable fin cfPrior1YearDuration4300000000JPY
Proceeds from long term loans payable fin cfCurrentYearDuration4800000000JPY
Repayment of long term loans payable fin cfPrior1YearDuration-5042000000JPY
Repayment of long term loans payable fin cfCurrentYearDuration-5186000000JPY
Purchase of treasury stock fin cfPrior1YearDuration-166000000JPY
Purchase of treasury stock fin cfCurrentYearDuration-0JPY
Proceeds from issuance of stock resulting from exercise of subscription rights to shares fin cfPrior1YearDuration25000000JPY
Proceeds from issuance of stock resulting from exercise of subscription rights to shares fin cfCurrentYearDuration-JPY
Repayments of lease obligations fin cfPrior1YearDuration-220000000JPY
Repayments of lease obligations fin cfCurrentYearDuration-212000000JPY
Cash dividends paid fin cfPrior1YearDuration-546000000JPY
Cash dividends paid fin cfCurrentYearDuration-985000000JPY
Net cash provided by used in financing activitiesPrior1YearDuration1101000000JPY
Net cash provided by used in financing activitiesCurrentYearDuration2431000000JPY
Effect of exchange rate change on cash and cash equivalentsPrior1YearDuration96000000JPY
Effect of exchange rate change on cash and cash equivalentsCurrentYearDuration329000000JPY
Net increase decrease in cash and cash equivalentsPrior1YearDuration1237000000JPY
Net increase decrease in cash and cash equivalentsCurrentYearDuration984000000JPY
Cash and cash equivalentsPrior2YearInstant7282000000JPY
Cash and cash equivalentsPrior1YearInstant8520000000JPY
Cash and cash equivalentsPrior1YearInstant8520000000JPY
Cash and cash equivalentsCurrentYearInstant9504000000JPY
Number of consolidated subsidiariesCurrentYearInstant10

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 2024-11-30pass rounding
balance sheet identityconsolidated 2025-11-30pass
balance sheet identitynon_consolidated 2024-11-30pass rounding
balance sheet identitynon_consolidated 2025-11-30pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2023-11-30pass
statement vs summary · net assetsconsolidated 2024-11-30pass
statement vs summary · net assetsconsolidated 2025-11-30pass
statement vs summary · net assetsnon_consolidated 2023-11-30pass
statement vs summary · net assetsnon_consolidated 2024-11-30pass
statement vs summary · net assetsnon_consolidated 2025-11-30pass
statement vs summary · net income attributable to parentconsolidated 2023-12-01/2024-11-30pass
statement vs summary · net income attributable to parentconsolidated 2024-12-01/2025-11-30pass
statement vs summary · operating cash flowconsolidated 2023-12-01/2024-11-30pass
statement vs summary · operating cash flowconsolidated 2024-12-01/2025-11-30pass
statement vs summary · revenueconsolidated 2023-12-01/2024-11-30pass
statement vs summary · revenueconsolidated 2024-12-01/2025-11-30pass
statement vs summary · revenuenon_consolidated 2023-12-01/2024-11-30pass
statement vs summary · revenuenon_consolidated 2024-12-01/2025-11-30pass
statement vs summary · total assetsconsolidated 2024-11-30pass
statement vs summary · total assetsconsolidated 2025-11-30pass
statement vs summary · total assetsnon_consolidated 2024-11-30pass
statement vs summary · total assetsnon_consolidated 2025-11-30pass