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
Capital surplus	Prior1YearInstant_NonConsolidatedMember	824694000	JPY
Capital surplus	CurrentYearInstant_NonConsolidatedMember	834419000	JPY
Legal retained earnings	Prior1YearInstant_NonConsolidatedMember	2200000	JPY
Legal retained earnings	CurrentYearInstant_NonConsolidatedMember	2200000	JPY
General reserve	Prior1YearInstant_NonConsolidatedMember	100000000	JPY
General reserve	CurrentYearInstant_NonConsolidatedMember	100000000	JPY
Retained earnings brought forward	Prior1YearInstant_NonConsolidatedMember	10569282000	JPY
Retained earnings brought forward	CurrentYearInstant_NonConsolidatedMember	11219858000	JPY
Retained earnings	Prior1YearInstant_NonConsolidatedMember	10671482000	JPY
Retained earnings	CurrentYearInstant_NonConsolidatedMember	11322058000	JPY
Treasury stock	Prior1YearInstant_NonConsolidatedMember	-272203000	JPY
Treasury stock	CurrentYearInstant_NonConsolidatedMember	-244882000	JPY
Shareholders equity	Prior1YearInstant_NonConsolidatedMember	12084852000	JPY
Shareholders equity	CurrentYearInstant_NonConsolidatedMember	12772473000	JPY
Valuation difference on available for sale securities	Prior1YearInstant_NonConsolidatedMember	－	JPY
Valuation difference on available for sale securities	CurrentYearInstant_NonConsolidatedMember	-2081000	JPY
Valuation and translation adjustments	Prior1YearInstant_NonConsolidatedMember	－	JPY
Valuation and translation adjustments	CurrentYearInstant_NonConsolidatedMember	-2081000	JPY
Net assets	Prior1YearInstant_NonConsolidatedMember	12084852000	JPY
Net assets	CurrentYearInstant_NonConsolidatedMember	12770391000	JPY
Liabilities and net assets	Prior1YearInstant_NonConsolidatedMember	30983387000	JPY
Liabilities and net assets	CurrentYearInstant_NonConsolidatedMember	33118440000	JPY
Net sales	Prior1YearDuration_NonConsolidatedMember	23265044000	JPY
Net sales	CurrentYearDuration_NonConsolidatedMember	25615664000	JPY
Cost of sales	Prior1YearDuration_NonConsolidatedMember	16922083000	JPY
Cost of sales	CurrentYearDuration_NonConsolidatedMember	19314117000	JPY
Gross profit	Prior1YearDuration_NonConsolidatedMember	6342961000	JPY
Gross profit	CurrentYearDuration_NonConsolidatedMember	6301547000	JPY
Selling general and administrative expenses	Prior1YearDuration_NonConsolidatedMember	4182663000	JPY
Selling general and administrative expenses	CurrentYearDuration_NonConsolidatedMember	4416849000	JPY
Operating income	Prior1YearDuration_NonConsolidatedMember	2160297000	JPY
Operating income	CurrentYearDuration_NonConsolidatedMember	1884697000	JPY
Interest income noi	Prior1YearDuration_NonConsolidatedMember	55000	JPY
Interest income noi	CurrentYearDuration_NonConsolidatedMember	338000	JPY
Dividends income noi	Prior1YearDuration_NonConsolidatedMember	61000	JPY
Dividends income noi	CurrentYearDuration_NonConsolidatedMember	81000	JPY
Compensation income noi	Prior1YearDuration_NonConsolidatedMember	－	JPY
Compensation income noi	CurrentYearDuration_NonConsolidatedMember	52107000	JPY
Fiduciary obligation fee noi	Prior1YearDuration_NonConsolidatedMember	18871000	JPY
Fiduciary obligation fee noi	CurrentYearDuration_NonConsolidatedMember	21888000	JPY
Subsidy income noi bounty	Prior1YearDuration_NonConsolidatedMember	513000	JPY
Subsidy income noi bounty	CurrentYearDuration_NonConsolidatedMember	522000	JPY
Other noi	Prior1YearDuration_NonConsolidatedMember	10047000	JPY
Other noi	CurrentYearDuration_NonConsolidatedMember	10994000	JPY
Non operating income	Prior1YearDuration_NonConsolidatedMember	29549000	JPY
Non operating income	CurrentYearDuration_NonConsolidatedMember	85931000	JPY
Interest expenses noe	Prior1YearDuration_NonConsolidatedMember	281312000	JPY
Interest expenses noe	CurrentYearDuration_NonConsolidatedMember	283008000	JPY
Commission fee noe	Prior1YearDuration_NonConsolidatedMember	45056000	JPY
Commission fee noe	CurrentYearDuration_NonConsolidatedMember	49525000	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