Annual report

Period2025-01-01 → 2025-12-31

Filed2026-03-26

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 148

Metric	Value	Period	Scope	Source row
Revenue	¥58.5bn	2025-01-01 → 2025-12-31	Cons.	Net sales
Revenue	¥59.0bn	2024-01-01 → 2024-12-31	Cons.	Net sales
Revenue	¥57.4bn	2023-01-01 → 2023-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥56.2bn	2022-01-01 → 2022-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥53.4bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥2.6bn	2025-01-01 → 2025-12-31	Cons.	Operating income
Operating income	¥2.7bn	2024-01-01 → 2024-12-31	Cons.	Operating income
Ordinary income	¥2.6bn	2025-01-01 → 2025-12-31	Cons.	Ordinary income
Ordinary income	¥2.7bn	2024-01-01 → 2024-12-31	Cons.	Ordinary income
Ordinary income	¥2.6bn	2023-01-01 → 2023-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥2.4bn	2022-01-01 → 2022-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥2.3bn	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥2.7bn	2025-01-01 → 2025-12-31	Cons.	Income before income taxes
Profit before tax	¥2.7bn	2024-01-01 → 2024-12-31	Cons.	Income before income taxes
Net income (owners)	¥1.8bn	2025-01-01 → 2025-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥1.8bn	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥1.8bn	2023-01-01 → 2023-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥1.6bn	2022-01-01 → 2022-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥1.2bn	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥1.8bn	2025-01-01 → 2025-12-31	Cons.	Profit loss
Net income	¥1.8bn	2024-01-01 → 2024-12-31	Cons.	Profit loss
Total assets	¥17.4bn	at 2025-12-31	Cons.	Assets
Total assets	¥18.7bn	at 2024-12-31	Cons.	Assets
Total assets	¥18.2bn	at 2023-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥18.0bn	at 2022-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥17.4bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥8.2bn	at 2025-12-31	Cons.	Liabilities
Total liabilities	¥9.4bn	at 2024-12-31	Cons.	Liabilities
Net assets / equity	¥9.3bn	at 2025-12-31	Cons.	Net assets
Net assets / equity	¥9.3bn	at 2024-12-31	Cons.	Net assets
Net assets / equity	¥8.6bn	at 2023-12-31^v	Cons.	Net assets
Net assets / equity	¥7.6bn	at 2022-12-31^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥6.8bn	at 2021-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥6.8bn	at 2025-12-31	Cons.	Cash and deposits
Cash and deposits	¥7.6bn	at 2024-12-31	Cons.	Cash and deposits
Cash & equivalents	¥6.8bn	at 2025-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥7.5bn	at 2024-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥6.8bn	at 2023-12-31^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥7.4bn	at 2022-12-31^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥7.2bn	at 2021-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥2.6bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥3.0bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥2.0bn	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥2.4bn	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥2.4bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥384m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥428m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥932m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥468m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥2.0bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥2.9bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥1.9bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥1.6bn	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥1.8bn	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥1.5bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥107.24	2025-01-01 → 2025-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥103.28	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥102.7	2023-01-01 → 2023-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥90.23	2022-01-01 → 2022-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥65.8	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥553.91	at 2025-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥532.08	at 2024-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥487.45	at 2023-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥430.8	at 2022-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥384.28	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	53.1%	at 2025-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	49.8%	at 2024-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	47.6%	at 2023-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	42.3%	at 2022-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	38.8%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	19.4%	2025-01-01 → 2025-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	20.4%	2024-01-01 → 2024-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	22.4%	2023-01-01 → 2023-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	22.1%	2022-01-01 → 2022-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	17.6%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	411	at 2025-12-31	Cons.	Number of employees
Employees	406	at 2024-12-31	Cons.	Number of employees
Employees	374	at 2023-12-31^v	Cons.	Number of employees
Employees	316	at 2022-12-31^v	Cons.	Number of employees
Employees	268	at 2021-12-31^d	Cons.	Number of employees
Revenue	¥50.2bn	2025-01-01 → 2025-12-31	Standalone	Net sales
Revenue	¥52.1bn	2024-01-01 → 2024-12-31	Standalone	Net sales
Revenue	¥51.2bn	2023-01-01 → 2023-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥50.8bn	2022-01-01 → 2022-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥49.8bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥1.4bn	2025-01-01 → 2025-12-31	Standalone	Operating income
Operating income	¥1.5bn	2024-01-01 → 2024-12-31	Standalone	Operating income
Ordinary income	¥3.0bn	2025-01-01 → 2025-12-31	Standalone	Ordinary income
Ordinary income	¥2.6bn	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	¥1.2bn	2023-01-01 → 2023-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥1.6bn	2022-01-01 → 2022-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥1.7bn	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥3.1bn	2025-01-01 → 2025-12-31	Standalone	Income before income taxes
Profit before tax	¥3.0bn	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Net income	¥2.6bn	2025-01-01 → 2025-12-31	Standalone	Profit loss
Net income	¥2.6bn	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	¥898m	2023-01-01 → 2023-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥1.0bn	2022-01-01 → 2022-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥1.5bn	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥13.1bn	at 2025-12-31	Standalone	Assets
Total assets	¥13.7bn	at 2024-12-31	Standalone	Assets
Total assets	¥12.4bn	at 2023-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥13.2bn	at 2022-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥13.2bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥5.2bn	at 2025-12-31	Standalone	Liabilities
Total liabilities	¥6.4bn	at 2024-12-31	Standalone	Liabilities
Net assets / equity	¥7.9bn	at 2025-12-31	Standalone	Net assets
Net assets / equity	¥7.2bn	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥5.8bn	at 2023-12-31^v	Standalone	Net assets
Net assets / equity	¥5.7bn	at 2022-12-31^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥5.4bn	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥3.4bn	at 2025-12-31	Standalone	Cash and deposits
Cash and deposits	¥3.3bn	at 2024-12-31	Standalone	Cash and deposits
EPS (basic)	¥152.04	2025-01-01 → 2025-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥144.61	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥50.74	2023-01-01 → 2023-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥59.38	2022-01-01 → 2022-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥83	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
Dividend per share	¥60	2025-01-01 → 2025-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥55	2024-01-01 → 2024-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥51	2023-01-01 → 2023-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥48	2022-01-01 → 2022-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥44	2021-01-01 → 2021-12-31^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥472.88	at 2025-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥412.03	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥327.33	at 2023-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥322.02	at 2022-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥306.02	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	60.2%	at 2025-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	52.9%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	47.0%	at 2023-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	43.0%	at 2022-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	40.7%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	33.7%	2025-01-01 → 2025-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	39.4%	2024-01-01 → 2024-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	15.6%	2023-01-01 → 2023-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	18.9%	2022-01-01 → 2022-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	29.0%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	17,725,600	at 2025-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	19,025,600	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	19,025,600	at 2023-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	19,025,600	at 2022-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	19,025,600	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	285	at 2025-12-31	Standalone	Number of employees
Employees	280	at 2024-12-31	Standalone	Number of employees
Employees	282	at 2023-12-31^v	Standalone	Number of employees
Employees	235	at 2022-12-31^v	Standalone	Number of employees
Employees	202	at 2021-12-31^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.

All source rows · 1,236

Item	Context	Value	Unit
Intangible assets	Prior1YearInstant	385464000	JPY
Intangible assets	CurrentYearInstant	578908000	JPY
Deferred tax assets	Prior1YearInstant	93972000	JPY
Deferred tax assets	CurrentYearInstant	99169000	JPY
Other ioa	Prior1YearInstant	1430803000	JPY
Other ioa	CurrentYearInstant	1406640000	JPY
Allowance for doubtful accounts ioa by group	Prior1YearInstant	-425879000	JPY
Allowance for doubtful accounts ioa by group	CurrentYearInstant	-426733000	JPY
Investments and other assets	Prior1YearInstant	1098896000	JPY
Investments and other assets	CurrentYearInstant	1079076000	JPY
Noncurrent assets	Prior1YearInstant	6902206000	JPY
Noncurrent assets	CurrentYearInstant	6929031000	JPY
Assets	Prior1YearInstant	18735232000	JPY
Assets	CurrentYearInstant	17434791000	JPY
Accounts payable trade	Prior1YearInstant	777225000	JPY
Accounts payable trade	CurrentYearInstant	1053135000	JPY
Current portion of long term loans payable	Prior1YearInstant	946923000	JPY
Current portion of long term loans payable	CurrentYearInstant	123246000	JPY
Income taxes payable	Prior1YearInstant	616865000	JPY
Income taxes payable	CurrentYearInstant	379282000	JPY
Advances received	Prior1YearInstant	2566629000	JPY
Advances received	CurrentYearInstant	2445780000	JPY
Provision for share based remuneration cl	Prior1YearInstant	101058000	JPY
Provision for share based remuneration cl	CurrentYearInstant	104530000	JPY
Other cl	Prior1YearInstant	1391471000	JPY
Other cl	CurrentYearInstant	1240129000	JPY
Current liabilities	Prior1YearInstant	6400173000	JPY
Current liabilities	CurrentYearInstant	5346103000	JPY
Long term loans payable	Prior1YearInstant	759615000	JPY
Long term loans payable	CurrentYearInstant	636369000	JPY
Long term guarantee deposited	Prior1YearInstant	1976717000	JPY
Long term guarantee deposited	CurrentYearInstant	1920004000	JPY
Deferred tax liabilities	Prior1YearInstant	135518000	JPY
Deferred tax liabilities	CurrentYearInstant	150319000	JPY
Provision for share based remuneration ncl	Prior1YearInstant	117293000	JPY
Provision for share based remuneration ncl	CurrentYearInstant	120059000	JPY
Other ncl	Prior1YearInstant	10967000	JPY
Other ncl	CurrentYearInstant	6648000	JPY
Noncurrent liabilities	Prior1YearInstant	3000112000	JPY
Noncurrent liabilities	CurrentYearInstant	2833400000	JPY
Liabilities	Prior1YearInstant	9400285000	JPY
Liabilities	CurrentYearInstant	8179504000	JPY
Capital stock	Prior1YearInstant	465803000	JPY
Capital stock	CurrentYearInstant	465803000	JPY
Capital surplus	Prior1YearInstant	367231000	JPY
Capital surplus	CurrentYearInstant	365757000	JPY
Retained earnings	Prior1YearInstant	10268051000	JPY
Retained earnings	CurrentYearInstant	9594526000	JPY
Treasury stock	Prior1YearInstant	-1766139000	JPY
Treasury stock	CurrentYearInstant	-1170800000	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 2024-12-31	pass rounding
balance sheet identity	consolidated 2025-12-31	pass rounding
balance sheet identity	non_consolidated 2024-12-31	pass
balance sheet identity	non_consolidated 2025-12-31	pass rounding
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2023-12-31	pass
statement vs summary · net assets	consolidated 2024-12-31	pass
statement vs summary · net assets	consolidated 2025-12-31	pass
statement vs summary · net assets	non_consolidated 2023-12-31	pass
statement vs summary · net assets	non_consolidated 2024-12-31	pass
statement vs summary · net assets	non_consolidated 2025-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2025-01-01/2025-12-31	pass
statement vs summary · operating cash flow	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · operating cash flow	consolidated 2025-01-01/2025-12-31	pass
statement vs summary · revenue	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · revenue	consolidated 2025-01-01/2025-12-31	pass
statement vs summary · revenue	non_consolidated 2024-01-01/2024-12-31	pass
statement vs summary · revenue	non_consolidated 2025-01-01/2025-12-31	pass
statement vs summary · total assets	consolidated 2024-12-31	pass
statement vs summary · total assets	consolidated 2025-12-31	pass
statement vs summary · total assets	non_consolidated 2024-12-31	pass
statement vs summary · total assets	non_consolidated 2025-12-31	pass