Annual report

Period2024-01-01 → 2024-12-31

Filed2025-03-27

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 156

Metric	Value	Period	Scope	Source row
Revenue	¥25.6bn	2024-01-01 → 2024-12-31	Cons.	Net sales
Revenue	¥23.3bn	2023-01-01 → 2023-12-31	Cons.	Net sales
Revenue	¥15.5bn	2022-01-01 → 2022-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥16.8bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥17.8bn	2020-01-01 → 2020-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥1.9bn	2024-01-01 → 2024-12-31	Cons.	Operating income
Operating income	¥2.2bn	2023-01-01 → 2023-12-31	Cons.	Operating income
Ordinary income	¥1.6bn	2024-01-01 → 2024-12-31	Cons.	Ordinary income
Ordinary income	¥1.8bn	2023-01-01 → 2023-12-31	Cons.	Ordinary income
Ordinary income	¥1.3bn	2022-01-01 → 2022-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥1000m	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥709m	2020-01-01 → 2020-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥1.6bn	2024-01-01 → 2024-12-31	Cons.	Income before income taxes
Profit before tax	¥1.8bn	2023-01-01 → 2023-12-31	Cons.	Income before income taxes
Net income (owners)	¥1.1bn	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥1.2bn	2023-01-01 → 2023-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥1.1bn	2022-01-01 → 2022-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥609m	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥358m	2020-01-01 → 2020-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥1.1bn	2024-01-01 → 2024-12-31	Cons.	Profit loss
Net income	¥1.2bn	2023-01-01 → 2023-12-31	Cons.	Profit loss
Total assets	¥33.1bn	at 2024-12-31	Cons.	Assets
Total assets	¥31.0bn	at 2023-12-31	Cons.	Assets
Total assets	¥29.0bn	at 2022-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥20.1bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥20.1bn	at 2020-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥20.3bn	at 2024-12-31	Cons.	Liabilities
Total liabilities	¥18.9bn	at 2023-12-31	Cons.	Liabilities
Net assets / equity	¥12.8bn	at 2024-12-31	Cons.	Net assets
Net assets / equity	¥12.1bn	at 2023-12-31	Cons.	Net assets
Net assets / equity	¥11.1bn	at 2022-12-31^d	Cons.	Net assets
Net assets / equity	¥10.3bn	at 2021-12-31^d	Cons.	Net assets (5-year summary)
Net assets / equity	¥10.1bn	at 2020-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥5.0bn	at 2024-12-31	Cons.	Cash and deposits
Cash and deposits	¥3.8bn	at 2023-12-31	Cons.	Cash and deposits
Cash & equivalents	¥4.4bn	at 2024-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥2.7bn	at 2023-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥3.2bn	at 2022-12-31^d	Cons.	Cash and cash equivalents
Cash & equivalents	¥4.8bn	at 2021-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥3.7bn	at 2020-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥1.1bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥12m	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥9.3bn	2022-01-01 → 2022-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥1.7bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥917m	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥715m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥766m	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥267m	2022-01-01 → 2022-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥51m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥288m	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	¥1.2bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥303m	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥8.0bn	2022-01-01 → 2022-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥608m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥953m	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥127.22	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥143.79	2023-01-01 → 2023-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥129.61	2022-01-01 → 2022-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥73.56	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥42.34	2020-01-01 → 2020-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥143.72	2023-01-01 → 2023-12-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥129.01	2022-01-01 → 2022-12-31^d	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥73.22	2021-01-01 → 2021-12-31^d	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥42.25	2020-01-01 → 2020-12-31^d	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥1,541.81	at 2024-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,465.49	at 2023-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,356.38	at 2022-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,248.99	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,192.45	at 2020-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	38.5%	at 2024-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	39.0%	at 2023-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	38.1%	at 2022-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	51.4%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	50.1%	at 2020-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	8.5%	2024-01-01 → 2024-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	10.2%	2023-01-01 → 2023-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	9.9%	2022-01-01 → 2022-12-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	6.0%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	3.6%	2020-01-01 → 2020-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	191	at 2024-12-31	Cons.	Number of employees
Employees	187	at 2023-12-31	Cons.	Number of employees
Employees	179	at 2022-12-31^d	Cons.	Number of employees
Employees	187	at 2021-12-31^d	Cons.	Number of employees
Employees	182	at 2020-12-31^d	Cons.	Number of employees
Revenue	¥25.6bn	2024-01-01 → 2024-12-31	Standalone	Net sales
Revenue	¥23.3bn	2023-01-01 → 2023-12-31	Standalone	Net sales
Revenue	¥15.3bn	2022-01-01 → 2022-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥15.5bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥16.1bn	2020-01-01 → 2020-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥1.9bn	2024-01-01 → 2024-12-31	Standalone	Operating income
Operating income	¥2.2bn	2023-01-01 → 2023-12-31	Standalone	Operating income
Ordinary income	¥1.6bn	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	¥1.8bn	2023-01-01 → 2023-12-31	Standalone	Ordinary income
Ordinary income	¥1.3bn	2022-01-01 → 2022-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥993m	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥671m	2020-01-01 → 2020-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥1.6bn	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Profit before tax	¥1.8bn	2023-01-01 → 2023-12-31	Standalone	Income before income taxes
Net income	¥1.1bn	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	¥1.2bn	2023-01-01 → 2023-12-31	Standalone	Profit loss
Net income	¥1.1bn	2022-01-01 → 2022-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥604m	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥177m	2020-01-01 → 2020-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥33.1bn	at 2024-12-31	Standalone	Assets
Total assets	¥31.0bn	at 2023-12-31	Standalone	Assets
Total assets	¥29.0bn	at 2022-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥19.7bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥19.8bn	at 2020-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥20.3bn	at 2024-12-31	Standalone	Liabilities
Total liabilities	¥18.9bn	at 2023-12-31	Standalone	Liabilities
Net assets / equity	¥12.8bn	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥12.1bn	at 2023-12-31	Standalone	Net assets
Net assets / equity	¥11.1bn	at 2022-12-31^d	Standalone	Net assets
Net assets / equity	¥10.3bn	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥10.1bn	at 2020-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥5.0bn	at 2024-12-31	Standalone	Cash and deposits
Cash and deposits	¥3.7bn	at 2023-12-31	Standalone	Cash and deposits
EPS (basic)	¥127.7	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥144.18	2023-01-01 → 2023-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥128.8	2022-01-01 → 2022-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥72.85	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥21	2020-01-01 → 2020-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥144.11	2023-01-01 → 2023-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥128.2	2022-01-01 → 2022-12-31^d	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥72.51	2021-01-01 → 2021-12-31^d	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥20.96	2020-01-01 → 2020-12-31^d	Standalone	Diluted earnings per share (5-year summary)
Dividend per share	¥41	2024-01-01 → 2024-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥33	2023-01-01 → 2023-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥28	2022-01-01 → 2022-12-31^d	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥26	2021-01-01 → 2021-12-31^d	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥25	2020-01-01 → 2020-12-31^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥1,543.24	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,466.45	at 2023-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,356.96	at 2022-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,250.37	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,194.51	at 2020-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	38.6%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	39.0%	at 2023-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	38.2%	at 2022-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	52.4%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	50.8%	at 2020-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	8.5%	2024-01-01 → 2024-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	10.3%	2023-01-01 → 2023-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	9.9%	2022-01-01 → 2022-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	5.9%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	1.8%	2020-01-01 → 2020-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	8,584,900	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	8,584,900	at 2023-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	8,510,300	at 2022-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	8,474,800	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	8,468,300	at 2020-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	191	at 2024-12-31	Standalone	Number of employees
Employees	187	at 2023-12-31	Standalone	Number of employees
Employees	179	at 2022-12-31^d	Standalone	Number of employees
Employees	168	at 2021-12-31^d	Standalone	Number of employees
Employees	160	at 2020-12-31^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.

Segments · 2

Segment	Item	Period	Value
Real Estate Sales Businessreportable segment	employees	at 2024-12-31	138 pure
Real Estate Sales Businessreportable segment	employees	at 2024-12-31	138 pure

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

All source rows · 1,256

Item	Context	Value	Unit
Deferred tax assets	Prior1YearInstant_NonConsolidatedMember	116998000	JPY
Deferred tax assets	CurrentYearInstant_NonConsolidatedMember	118191000	JPY
Other ioa	Prior1YearInstant_NonConsolidatedMember	756757000	JPY
Other ioa	CurrentYearInstant_NonConsolidatedMember	699002000	JPY
Allowance for doubtful accounts ioa by group	Prior1YearInstant_NonConsolidatedMember	-1121000	JPY
Allowance for doubtful accounts ioa by group	CurrentYearInstant_NonConsolidatedMember	-1121000	JPY
Investments and other assets	Prior1YearInstant_NonConsolidatedMember	925365000	JPY
Investments and other assets	CurrentYearInstant_NonConsolidatedMember	988289000	JPY
Noncurrent assets	Prior1YearInstant_NonConsolidatedMember	1489354000	JPY
Noncurrent assets	CurrentYearInstant_NonConsolidatedMember	2502192000	JPY
Assets	Prior1YearInstant_NonConsolidatedMember	30983387000	JPY
Assets	CurrentYearInstant_NonConsolidatedMember	33118440000	JPY
Accounts payable trade	Prior1YearInstant_NonConsolidatedMember	238602000	JPY
Accounts payable trade	CurrentYearInstant_NonConsolidatedMember	346614000	JPY
Short term loans payable	Prior1YearInstant_NonConsolidatedMember	11509980000	JPY
Short term loans payable	CurrentYearInstant_NonConsolidatedMember	9477724000	JPY
Current portion of long term loans payable	Prior1YearInstant_NonConsolidatedMember	2663440000	JPY
Current portion of long term loans payable	CurrentYearInstant_NonConsolidatedMember	4130850000	JPY
Accounts payable other	Prior1YearInstant_NonConsolidatedMember	160356000	JPY
Accounts payable other	CurrentYearInstant_NonConsolidatedMember	204126000	JPY
Accrued expenses	Prior1YearInstant_NonConsolidatedMember	209866000	JPY
Accrued expenses	CurrentYearInstant_NonConsolidatedMember	230873000	JPY
Income taxes payable	Prior1YearInstant_NonConsolidatedMember	594483000	JPY
Income taxes payable	CurrentYearInstant_NonConsolidatedMember	246498000	JPY
Contract liabilities	Prior1YearInstant_NonConsolidatedMember	200230000	JPY
Contract liabilities	CurrentYearInstant_NonConsolidatedMember	321082000	JPY
Deposits received	Prior1YearInstant_NonConsolidatedMember	92462000	JPY
Deposits received	CurrentYearInstant_NonConsolidatedMember	103105000	JPY
Unearned revenue	Prior1YearInstant_NonConsolidatedMember	21427000	JPY
Unearned revenue	CurrentYearInstant_NonConsolidatedMember	25779000	JPY
Provision for compensation cl	Prior1YearInstant_NonConsolidatedMember	42666000	JPY
Provision for compensation cl	CurrentYearInstant_NonConsolidatedMember	42666000	JPY
Other cl	Prior1YearInstant_NonConsolidatedMember	11589000	JPY
Other cl	CurrentYearInstant_NonConsolidatedMember	15559000	JPY
Current liabilities	Prior1YearInstant_NonConsolidatedMember	15745104000	JPY
Current liabilities	CurrentYearInstant_NonConsolidatedMember	15144878000	JPY
Long term loans payable	Prior1YearInstant_NonConsolidatedMember	2905430000	JPY
Long term loans payable	CurrentYearInstant_NonConsolidatedMember	4897100000	JPY
Guarantee deposits received ncl	Prior1YearInstant_NonConsolidatedMember	248000000	JPY
Guarantee deposits received ncl	CurrentYearInstant_NonConsolidatedMember	306069000	JPY
Noncurrent liabilities	Prior1YearInstant_NonConsolidatedMember	3153430000	JPY
Noncurrent liabilities	CurrentYearInstant_NonConsolidatedMember	5203169000	JPY
Liabilities	Prior1YearInstant_NonConsolidatedMember	18898535000	JPY
Liabilities	CurrentYearInstant_NonConsolidatedMember	20348048000	JPY
Capital stock	Prior1YearInstant_NonConsolidatedMember	860878000	JPY
Capital stock	CurrentYearInstant_NonConsolidatedMember	860878000	JPY
Legal capital surplus	Prior1YearInstant_NonConsolidatedMember	821878000	JPY
Legal capital surplus	CurrentYearInstant_NonConsolidatedMember	821878000	JPY
Other capital surplus	Prior1YearInstant_NonConsolidatedMember	2816000	JPY
Other capital surplus	CurrentYearInstant_NonConsolidatedMember	12541000	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 2023-12-31	pass rounding
balance sheet identity	consolidated 2024-12-31	pass rounding
balance sheet identity	non_consolidated 2023-12-31	pass
balance sheet identity	non_consolidated 2024-12-31	pass rounding
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2022-12-31	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	non_consolidated 2022-12-31	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 income attributable to parent	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · operating cash flow	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · operating cash flow	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · revenue	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · revenue	non_consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	non_consolidated 2024-01-01/2024-12-31	pass
statement vs summary · total assets	consolidated 2023-12-31	pass
statement vs summary · total assets	consolidated 2024-12-31	pass
statement vs summary · total assets	non_consolidated 2023-12-31	pass
statement vs summary · total assets	non_consolidated 2024-12-31	pass