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
Comprehensive income IFRS (5-year summary)CurrentYearDuration18517000000JPY
Equity attributable to owners of parent IFRS (5-year summary)Prior4YearInstant166161000000JPY
Equity attributable to owners of parent IFRS (5-year summary)Prior3YearInstant157708000000JPY
Equity attributable to owners of parent IFRS (5-year summary)Prior2YearInstant162290000000JPY
Equity attributable to owners of parent IFRS (5-year summary)Prior1YearInstant173372000000JPY
Equity attributable to owners of parent IFRS (5-year summary)CurrentYearInstant187567000000JPY
Total assets IFRS (5-year summary)Prior4YearInstant457993000000JPY
Total assets IFRS (5-year summary)Prior3YearInstant424772000000JPY
Total assets IFRS (5-year summary)Prior2YearInstant426093000000JPY
Total assets IFRS (5-year summary)Prior1YearInstant470866000000JPY
Total assets IFRS (5-year summary)CurrentYearInstant518549000000JPY
Equity to asset ratio IFRS (5-year summary)Prior4YearInstant730.37
Equity to asset ratio IFRS (5-year summary)Prior3YearInstant693.22
Equity to asset ratio IFRS (5-year summary)Prior2YearInstant713.36
Equity to asset ratio IFRS (5-year summary)Prior1YearInstant762.07
Equity to asset ratio IFRS (5-year summary)CurrentYearInstant824.46
Basic earnings loss per share IFRS (5-year summary)Prior4YearDuration40.77
Basic earnings loss per share IFRS (5-year summary)Prior3YearDuration-28.00
Basic earnings loss per share IFRS (5-year summary)Prior2YearDuration21.01
Basic earnings loss per share IFRS (5-year summary)Prior1YearDuration61.38
Basic earnings loss per share IFRS (5-year summary)CurrentYearDuration73.62
Diluted earnings loss per share IFRS (5-year summary)Prior4YearDuration40.77
Diluted earnings loss per share IFRS (5-year summary)Prior3YearDuration-28.00
Diluted earnings loss per share IFRS (5-year summary)Prior2YearDuration21.01
Diluted earnings loss per share IFRS (5-year summary)Prior1YearDuration61.38
Diluted earnings loss per share IFRS (5-year summary)CurrentYearDuration73.62
Ratio of owners equity to gross assets IFRS (5-year summary)Prior4YearInstant0.363
Ratio of owners equity to gross assets IFRS (5-year summary)Prior3YearInstant0.371
Ratio of owners equity to gross assets IFRS (5-year summary)Prior2YearInstant0.381
Ratio of owners equity to gross assets IFRS (5-year summary)Prior1YearInstant0.368
Ratio of owners equity to gross assets IFRS (5-year summary)CurrentYearInstant0.362
Rate of return on equity IFRS (5-year summary)Prior4YearDuration0.062
Rate of return on equity IFRS (5-year summary)Prior3YearDuration-0.039
Rate of return on equity IFRS (5-year summary)Prior2YearDuration0.030
Rate of return on equity IFRS (5-year summary)Prior1YearDuration0.083
Rate of return on equity IFRS (5-year summary)CurrentYearDuration0.093
Price earnings ratio IFRS (5-year summary)Prior4YearDuration37.1
Price earnings ratio IFRS (5-year summary)Prior3YearDuration-
Price earnings ratio IFRS (5-year summary)Prior2YearDuration98.3
Price earnings ratio IFRS (5-year summary)Prior1YearDuration39.9
Price earnings ratio IFRS (5-year summary)CurrentYearDuration45.7
Cash flows from used in operating activities IFRS (5-year summary)Prior4YearDuration50065000000JPY
Cash flows from used in operating activities IFRS (5-year summary)Prior3YearDuration45716000000JPY
Cash flows from used in operating activities IFRS (5-year summary)Prior2YearDuration70717000000JPY
Cash flows from used in operating activities IFRS (5-year summary)Prior1YearDuration67923000000JPY
Cash flows from used in operating activities IFRS (5-year summary)CurrentYearDuration74495000000JPY
Cash flows from used in investing activities IFRS (5-year summary)Prior4YearDuration-12987000000JPY
Cash flows from used in investing activities IFRS (5-year summary)Prior3YearDuration-15575000000JPY
Cash flows from used in investing activities IFRS (5-year summary)Prior2YearDuration-14861000000JPY
Cash flows from used in investing activities IFRS (5-year summary)Prior1YearDuration-39228000000JPY

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