Annual report

Period2025-01-01 → 2025-12-31
Filed2026-03-26
StandardIFRS
ConsolidatedYes
Data checks21 of 21 passed
Key figures · 152
MetricValuePeriodScopeSource row
Revenue¥457.8bn2025-01-01 → 2025-12-31Cons.Revenue IFRS
Revenue¥401.1bn2024-01-01 → 2024-12-31Cons.Revenue IFRS
Revenue¥354.8bn2023-01-01 → 2023-12-31vCons.Revenue IFRS (5-year summary)
Revenue¥303.7bn2022-01-01 → 2022-12-31vCons.Revenue IFRS (5-year summary)
Revenue¥264.6bn2021-01-01 → 2021-12-31vCons.Revenue IFRS (5-year summary)
Operating income¥30.0bn2025-01-01 → 2025-12-31Cons.Operating profit loss IFRS
Operating income¥24.2bn2024-01-01 → 2024-12-31Cons.Operating profit loss IFRS
Profit before tax¥26.3bn2025-01-01 → 2025-12-31Cons.Profit loss before tax IFRS
Profit before tax¥21.5bn2024-01-01 → 2024-12-31Cons.Profit loss before tax IFRS
Profit before tax¥8.7bn2023-01-01 → 2023-12-31vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax−¥8.2bn2022-01-01 → 2022-12-31vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax¥14.3bn2021-01-01 → 2021-12-31vCons.Profit loss before tax IFRS (5-year summary)
Net income (owners)¥16.7bn2025-01-01 → 2025-12-31Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥14.0bn2024-01-01 → 2024-12-31Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥4.8bn2023-01-01 → 2023-12-31vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)−¥6.4bn2022-01-01 → 2022-12-31vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥8.7bn2021-01-01 → 2021-12-31vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income¥16.7bn2025-01-01 → 2025-12-31Cons.Profit loss IFRS
Net income¥14.0bn2024-01-01 → 2024-12-31Cons.Profit loss IFRS
Total assets¥518.5bnat 2025-12-31Cons.Assets IFRS
Total assets¥470.9bnat 2024-12-31Cons.Assets IFRS
Total assets¥426.1bnat 2023-12-31vCons.Total assets IFRS (5-year summary)
Total assets¥424.8bnat 2022-12-31vCons.Total assets IFRS (5-year summary)
Total assets¥458.0bnat 2021-12-31vCons.Total assets IFRS (5-year summary)
Total liabilities¥331.0bnat 2025-12-31Cons.Liabilities IFRS
Total liabilities¥297.5bnat 2024-12-31Cons.Liabilities IFRS
Net assets / equity¥187.6bnat 2025-12-31Cons.Equity IFRS
Net assets / equity¥173.4bnat 2024-12-31Cons.Equity IFRS
Net assets / equity¥162.3bnat 2023-12-31vCons.Equity IFRS
Equity (owners)¥187.6bnat 2025-12-31Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥173.4bnat 2024-12-31Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥162.3bnat 2023-12-31vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥157.7bnat 2022-12-31vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥166.2bnat 2021-12-31vCons.Equity attributable to owners of parent IFRS (5-year summary)
Cash & equivalents¥34.3bnat 2025-12-31Cons.Cash and cash equivalents IFRS
Cash & equivalents¥19.2bnat 2024-12-31Cons.Cash and cash equivalents IFRS
Cash & equivalents¥26.8bnat 2023-12-31vCons.Cash and cash equivalents IFRS
Cash & equivalents¥15.3bnat 2022-12-31vCons.Cash and cash equivalents IFRS (5-year summary)
Cash & equivalents¥38.3bnat 2021-12-31vCons.Cash and cash equivalents IFRS (5-year summary)
Operating cash flow¥74.5bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥67.9bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥70.7bn2023-01-01 → 2023-12-31vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥45.7bn2022-01-01 → 2022-12-31vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥50.1bn2021-01-01 → 2021-12-31vCons.Cash flows from used in operating activities IFRS (5-year summary)
Investing cash flow−¥34.1bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥39.2bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥14.9bn2023-01-01 → 2023-12-31vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥15.6bn2022-01-01 → 2022-12-31vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥13.0bn2021-01-01 → 2021-12-31vCons.Cash flows from used in investing activities IFRS (5-year summary)
Financing cash flow−¥25.5bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in financing activities IFRS
Financing cash flow−¥36.4bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in financing activities IFRS
Financing cash flow−¥44.5bn2023-01-01 → 2023-12-31vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow−¥53.3bn2022-01-01 → 2022-12-31vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow−¥16.0bn2021-01-01 → 2021-12-31vCons.Cash flows from used in financing activities IFRS (5-year summary)
EPS (basic)¥73.622025-01-01 → 2025-12-31Cons.Basic earnings loss per share IFRS
EPS (basic)¥61.382024-01-01 → 2024-12-31Cons.Basic earnings loss per share IFRS
EPS (basic)¥21.012023-01-01 → 2023-12-31vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥-282022-01-01 → 2022-12-31vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥40.772021-01-01 → 2021-12-31vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (diluted)¥73.622025-01-01 → 2025-12-31Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥61.382024-01-01 → 2024-12-31Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥21.012023-01-01 → 2023-12-31vCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥-282022-01-01 → 2022-12-31vCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥40.772021-01-01 → 2021-12-31vCons.Diluted earnings loss per share IFRS (5-year summary)
Net assets per share¥824.46at 2025-12-31Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥762.07at 2024-12-31Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥713.36at 2023-12-31vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥693.22at 2022-12-31vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥730.37at 2021-12-31vCons.Equity to asset ratio IFRS (5-year summary)
Equity ratio36.2%at 2025-12-31Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio36.8%at 2024-12-31Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio38.1%at 2023-12-31vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio37.1%at 2022-12-31vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio36.3%at 2021-12-31vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
ROE9.3%2025-01-01 → 2025-12-31Cons.Rate of return on equity IFRS (5-year summary)
ROE8.3%2024-01-01 → 2024-12-31Cons.Rate of return on equity IFRS (5-year summary)
ROE3.0%2023-01-01 → 2023-12-31vCons.Rate of return on equity IFRS (5-year summary)
ROE-3.9%2022-01-01 → 2022-12-31vCons.Rate of return on equity IFRS (5-year summary)
ROE6.2%2021-01-01 → 2021-12-31vCons.Rate of return on equity IFRS (5-year summary)
Employees6,744at 2025-12-31Cons.Number of employees
Employees6,150at 2024-12-31Cons.Number of employees
Employees5,700at 2023-12-31vCons.Number of employees
Employees5,804at 2022-12-31vCons.Number of employees
Employees5,952at 2021-12-31vCons.Number of employees
Revenue¥231.1bn2025-01-01 → 2025-12-31StandaloneNet sales
Revenue¥215.2bn2024-01-01 → 2024-12-31StandaloneNet sales
Revenue¥193.0bn2023-01-01 → 2023-12-31vStandaloneNet sales (5-year summary)
Revenue¥170.7bn2022-01-01 → 2022-12-31vStandaloneNet sales (5-year summary)
Revenue¥158.6bn2021-01-01 → 2021-12-31vStandaloneNet sales (5-year summary)
Operating income¥6.5bn2025-01-01 → 2025-12-31StandaloneOperating income
Operating income¥5.5bn2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income¥2.4bn2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income¥4.7bn2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income¥2.0bn2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥1.6bn2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥2.5bn2021-01-01 → 2021-12-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥915m2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax¥4.7bn2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income−¥3.0bn2025-01-01 → 2025-12-31StandaloneProfit loss
Net income¥731m2024-01-01 → 2024-12-31StandaloneProfit loss
Net income−¥1.9bn2023-01-01 → 2023-12-31vStandaloneNet income loss (5-year summary)
Net income−¥6.9bn2022-01-01 → 2022-12-31vStandaloneNet income loss (5-year summary)
Net income−¥6.3bn2021-01-01 → 2021-12-31vStandaloneNet income loss (5-year summary)
Total assets¥259.7bnat 2025-12-31StandaloneAssets
Total assets¥235.3bnat 2024-12-31StandaloneAssets
Total assets¥228.8bnat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥236.3bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥263.5bnat 2021-12-31vStandaloneTotal assets (5-year summary)
Total liabilities¥182.1bnat 2025-12-31StandaloneLiabilities
Total liabilities¥151.2bnat 2024-12-31StandaloneLiabilities
Net assets / equity¥77.6bnat 2025-12-31StandaloneNet assets
Net assets / equity¥84.1bnat 2024-12-31StandaloneNet assets
Net assets / equity¥86.3bnat 2023-12-31vStandaloneNet assets
Net assets / equity¥88.6bnat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥97.2bnat 2021-12-31vStandaloneNet assets (5-year summary)
Cash and deposits¥20.1bnat 2025-12-31StandaloneCash and deposits
Cash and deposits¥8.1bnat 2024-12-31StandaloneCash and deposits
EPS (basic)¥-13.082025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥3.212024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-8.152023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-30.142022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-29.432021-01-01 → 2021-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥-13.082025-01-01 → 2025-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥3.212024-01-01 → 2024-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥-8.152023-01-01 → 2023-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥-30.142022-01-01 → 2022-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥-29.432021-01-01 → 2021-12-31vStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥222025-01-01 → 2025-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥18.52024-01-01 → 2024-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥72023-01-01 → 2023-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥122021-01-01 → 2021-12-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥340.93at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥369.73at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥379.44at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥389.31at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥427.24at 2021-12-31vStandaloneNet assets per share (5-year summary)
Equity ratio29.9%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio35.7%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio37.7%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio37.5%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio36.9%at 2021-12-31vStandaloneEquity to asset ratio (5-year summary)
ROE0.9%2024-01-01 → 2024-12-31StandaloneRate of return on equity (5-year summary)
Shares issued227,502,200at 2025-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued227,502,200at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued227,502,200at 2023-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued227,502,200at 2022-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued227,502,200at 2021-12-31vStandaloneTotal number of issued shares (5-year summary)
Employees572at 2025-12-31StandaloneNumber of employees
Employees566at 2024-12-31StandaloneNumber of employees
Employees534at 2023-12-31vStandaloneNumber of employees
Employees538at 2022-12-31vStandaloneNumber of employees
Employees541at 2021-12-31vStandaloneNumber 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 · 1,744
ItemContextValueUnit
Interest and dividends received ope cf IFRSCurrentYearDuration40000000JPY
Interest paid ope cf IFRSPrior1YearDuration-2213000000JPY
Interest paid ope cf IFRSCurrentYearDuration-2988000000JPY
Income taxes paid ope cf IFRSPrior1YearDuration-2206000000JPY
Income taxes paid ope cf IFRSCurrentYearDuration-6236000000JPY
Income taxes refund ope cf IFRSPrior1YearDuration315000000JPY
Income taxes refund ope cf IFRSCurrentYearDuration8000000JPY
Net cash provided by used in operating activities IFRSPrior1YearDuration67923000000JPY
Net cash provided by used in operating activities IFRSCurrentYearDuration74495000000JPY
Purchase of property plant and equipment inv cf IFRSPrior1YearDuration-15096000000JPY
Purchase of property plant and equipment inv cf IFRSCurrentYearDuration-22570000000JPY
Proceeds from sale of property plant and equipment inv cf IFRSPrior1YearDuration1522000000JPY
Proceeds from sale of property plant and equipment inv cf IFRSCurrentYearDuration4000000JPY
Purchase of intangible assets inv cf IFRSPrior1YearDuration-1951000000JPY
Purchase of intangible assets inv cf IFRSCurrentYearDuration-2211000000JPY
Payments for acquisition of subsidiaries inv cf IFRSPrior1YearDuration-22860000000JPY
Payments for acquisition of subsidiaries inv cf IFRSCurrentYearDuration-8754000000JPY
Payments for leasehold deposits and guarantee deposits inv cf IFRSPrior1YearDuration-951000000JPY
Payments for leasehold deposits and guarantee deposits inv cf IFRSCurrentYearDuration-714000000JPY
Proceeds from collection of leasehold deposits and guarantee deposits inv cf IFRSPrior1YearDuration472000000JPY
Proceeds from collection of leasehold deposits and guarantee deposits inv cf IFRSCurrentYearDuration599000000JPY
Other inv cf IFRSPrior1YearDuration-365000000JPY
Other inv cf IFRSCurrentYearDuration-404000000JPY
Net cash provided by used in investing activities IFRSPrior1YearDuration-39228000000JPY
Net cash provided by used in investing activities IFRSCurrentYearDuration-34051000000JPY
Proceeds from short term borrowings fin cf IFRSPrior1YearDuration-JPY
Proceeds from short term borrowings fin cf IFRSCurrentYearDuration24500000000JPY
Repayments of short term borrowings fin cf IFRSPrior1YearDuration-JPY
Repayments of short term borrowings fin cf IFRSCurrentYearDuration-24500000000JPY
Proceeds from long term borrowings fin cf IFRSPrior1YearDuration16722000000JPY
Proceeds from long term borrowings fin cf IFRSCurrentYearDuration35600000000JPY
Repayments of long term borrowings fin cf IFRSPrior1YearDuration-34013000000JPY
Repayments of long term borrowings fin cf IFRSCurrentYearDuration-31999000000JPY
Proceeds from issuance of bonds fin cf IFRSPrior1YearDuration19893000000JPY
Proceeds from issuance of bonds fin cf IFRSCurrentYearDuration14195000000JPY
Repayments of lease obligations fin cf IFRSPrior1YearDuration-35586000000JPY
Repayments of lease obligations fin cf IFRSCurrentYearDuration-37401000000JPY
Dividends paid fin cf IFRSPrior1YearDuration-3286000000JPY
Dividends paid fin cf IFRSCurrentYearDuration-4320000000JPY
Payments of commissions related to borrowings fin cf IFRSPrior1YearDuration-160000000JPY
Payments of commissions related to borrowings fin cf IFRSCurrentYearDuration-1598000000JPY
Other fin cf IFRSPrior1YearDuration-0JPY
Other fin cf IFRSCurrentYearDuration-JPY
Net cash provided by used in financing activities IFRSPrior1YearDuration-36429000000JPY
Net cash provided by used in financing activities IFRSCurrentYearDuration-25524000000JPY
Effect of exchange rate changes on cash and cash equivalents IFRSPrior1YearDuration114000000JPY
Effect of exchange rate changes on cash and cash equivalents IFRSCurrentYearDuration240000000JPY
Net increase decrease in cash and cash equivalents IFRSPrior1YearDuration-7620000000JPY
Net increase decrease in cash and cash equivalents IFRSCurrentYearDuration15161000000JPY
Cash and cash equivalents IFRSPrior2YearInstant26790000000JPY

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 · 21 of 21 passed
balance sheet identityconsolidated 2024-12-31pass rounding
balance sheet identityconsolidated 2025-12-31pass
balance sheet identitynon_consolidated 2024-12-31pass
balance sheet identitynon_consolidated 2025-12-31pass
dei present pass
period resolution pass
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