Annual report

Period2023-01-01 → 2023-12-31
Filed2024-03-27
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed

Amended by S100Z5LZ (2026-10-02).

Key figures · 139
MetricValuePeriodScopeSource row
Revenue¥262m2023-01-01 → 2023-12-31Cons.Net sales
Revenue¥366m2022-01-01 → 2022-12-31Cons.Net sales
Revenue¥518m2021-01-01 → 2021-12-31dCons.Net sales (5-year summary)
Revenue¥785m2020-01-01 → 2020-12-31dCons.Net sales (5-year summary)
Revenue¥2.5bn2019-01-01 → 2019-12-31dCons.Net sales (5-year summary)
Operating income−¥468m2023-01-01 → 2023-12-31Cons.Operating income
Operating income−¥859m2022-01-01 → 2022-12-31Cons.Operating income
Ordinary income−¥415m2023-01-01 → 2023-12-31Cons.Ordinary income
Ordinary income−¥837m2022-01-01 → 2022-12-31Cons.Ordinary income
Ordinary income−¥1.2bn2021-01-01 → 2021-12-31dCons.Ordinary income loss (5-year summary)
Ordinary income−¥2.2bn2020-01-01 → 2020-12-31dCons.Ordinary income loss (5-year summary)
Ordinary income−¥313m2019-01-01 → 2019-12-31dCons.Ordinary income loss (5-year summary)
Profit before tax−¥683m2023-01-01 → 2023-12-31Cons.Income before income taxes
Profit before tax¥979m2022-01-01 → 2022-12-31Cons.Income before income taxes
Net income (owners)−¥684m2023-01-01 → 2023-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥978m2022-01-01 → 2022-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥737m2021-01-01 → 2021-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥3.0bn2020-01-01 → 2020-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥2.3bn2019-01-01 → 2019-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income−¥684m2023-01-01 → 2023-12-31Cons.Profit loss
Net income¥978m2022-01-01 → 2022-12-31Cons.Profit loss
Total assets¥1.7bnat 2023-12-31Cons.Assets
Total assets¥5.4bnat 2022-12-31Cons.Assets
Total assets¥13.1bnat 2021-12-31dCons.Total assets (5-year summary)
Total assets¥14.5bnat 2020-12-31dCons.Total assets (5-year summary)
Total assets¥15.1bnat 2019-12-31dCons.Total assets (5-year summary)
Total liabilities¥514mat 2023-12-31Cons.Liabilities
Total liabilities¥4.7bnat 2022-12-31Cons.Liabilities
Net assets / equity¥1.2bnat 2023-12-31Cons.Net assets
Net assets / equity¥618mat 2022-12-31Cons.Net assets
Net assets / equity−¥373mat 2021-12-31dCons.Net assets
Net assets / equity¥405mat 2020-12-31dCons.Net assets (5-year summary)
Net assets / equity¥3.3bnat 2019-12-31dCons.Net assets (5-year summary)
Cash and deposits¥553mat 2023-12-31Cons.Cash and deposits
Cash and deposits¥207mat 2022-12-31Cons.Cash and deposits
Cash & equivalents¥553mat 2023-12-31Cons.Cash and cash equivalents
Cash & equivalents¥207mat 2022-12-31Cons.Cash and cash equivalents
Cash & equivalents¥414mat 2021-12-31dCons.Cash and cash equivalents
Cash & equivalents¥216mat 2020-12-31dCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥1.1bnat 2019-12-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow−¥572m2023-01-01 → 2023-12-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥296m2022-01-01 → 2022-12-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥529m2021-01-01 → 2021-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥566m2020-01-01 → 2020-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥402m2019-01-01 → 2019-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow¥2.3bn2023-01-01 → 2023-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥285m2022-01-01 → 2022-12-31Cons.Net cash provided by used in investment activities
Investing cash flow¥535m2021-01-01 → 2021-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥152m2020-01-01 → 2020-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥1.8bn2019-01-01 → 2019-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥1.4bn2023-01-01 → 2023-12-31Cons.Net cash provided by used in financing activities
Financing cash flow¥398m2022-01-01 → 2022-12-31Cons.Net cash provided by used in financing activities
Financing cash flow¥200m2021-01-01 → 2021-12-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥140m2020-01-01 → 2020-12-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥694m2019-01-01 → 2019-12-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥-6.292023-01-01 → 2023-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥17.12022-01-01 → 2022-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-12.892021-01-01 → 2021-12-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-51.922020-01-01 → 2020-12-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-43.22019-01-01 → 2019-12-31dCons.Basic earnings loss per share (5-year summary)
Net assets per share¥9.86at 2023-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥10.72at 2022-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥-6.66at 2021-12-31dCons.Net assets per share (5-year summary)
Net assets per share¥6.95at 2020-12-31dCons.Net assets per share (5-year summary)
Net assets per share¥56.14at 2019-12-31dCons.Net assets per share (5-year summary)
Equity ratio67.8%at 2023-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio11.4%at 2022-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio-2.9%at 2021-12-31dCons.Equity to asset ratio (5-year summary)
Equity ratio2.7%at 2020-12-31dCons.Equity to asset ratio (5-year summary)
Equity ratio21.3%at 2019-12-31dCons.Equity to asset ratio (5-year summary)
ROE159.5%2022-01-01 → 2022-12-31Cons.Rate of return on equity (5-year summary)
Employees13at 2023-12-31Cons.Number of employees
Employees21at 2022-12-31Cons.Number of employees
Employees110at 2021-12-31dCons.Number of employees
Employees127at 2020-12-31dCons.Number of employees
Employees175at 2019-12-31dCons.Number of employees
Revenue¥28m2023-01-01 → 2023-12-31StandaloneNet sales
Revenue¥16m2022-01-01 → 2022-12-31StandaloneNet sales
Revenue¥166m2020-01-01 → 2020-12-31dStandaloneNet sales (5-year summary)
Revenue¥553m2019-01-01 → 2019-12-31dStandaloneNet sales (5-year summary)
Operating income−¥832m2023-01-01 → 2023-12-31StandaloneOperating income
Operating income−¥423m2022-01-01 → 2022-12-31StandaloneOperating income
Ordinary income−¥688m2023-01-01 → 2023-12-31StandaloneOrdinary income
Ordinary income−¥1.2bn2022-01-01 → 2022-12-31StandaloneOrdinary income
Ordinary income−¥153m2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥4.8bn2020-01-01 → 2020-12-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥472m2019-01-01 → 2019-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax−¥943m2023-01-01 → 2023-12-31StandaloneIncome before income taxes
Profit before tax−¥821m2022-01-01 → 2022-12-31StandaloneIncome before income taxes
Net income−¥944m2023-01-01 → 2023-12-31StandaloneProfit loss
Net income−¥822m2022-01-01 → 2022-12-31StandaloneProfit loss
Net income¥365m2021-01-01 → 2021-12-31dStandaloneNet income loss (5-year summary)
Net income−¥9.6bn2020-01-01 → 2020-12-31dStandaloneNet income loss (5-year summary)
Net income−¥538m2019-01-01 → 2019-12-31dStandaloneNet income loss (5-year summary)
Total assets¥1.1bnat 2023-12-31StandaloneAssets
Total assets¥3.1bnat 2022-12-31StandaloneAssets
Total assets¥5.8bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total assets¥6.4bnat 2020-12-31dStandaloneTotal assets (5-year summary)
Total assets¥13.2bnat 2019-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥125mat 2023-12-31StandaloneLiabilities
Total liabilities¥2.4bnat 2022-12-31StandaloneLiabilities
Net assets / equity¥972mat 2023-12-31StandaloneNet assets
Net assets / equity¥749mat 2022-12-31StandaloneNet assets
Net assets / equity¥1.6bnat 2021-12-31dStandaloneNet assets
Net assets / equity¥1.2bnat 2020-12-31dStandaloneNet assets (5-year summary)
Net assets / equity¥10.9bnat 2019-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥537mat 2023-12-31StandaloneCash and deposits
Cash and deposits¥68mat 2022-12-31StandaloneCash and deposits
EPS (basic)¥-8.692023-01-01 → 2023-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-14.372022-01-01 → 2022-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥6.382021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-168.542020-01-01 → 2020-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-10.152019-01-01 → 2019-12-31dStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥02023-01-01 → 2023-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥02022-01-01 → 2022-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥02021-01-01 → 2021-12-31dStandaloneDividend paid per share (5-year summary)
Dividend per share¥02020-01-01 → 2020-12-31dStandaloneDividend paid per share (5-year summary)
Dividend per share¥02019-01-01 → 2019-12-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥8.47at 2023-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥13.01at 2022-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥27.39at 2021-12-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥21.01at 2020-12-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥189.62at 2019-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio86.6%at 2023-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio23.8%at 2022-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio26.9%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio18.9%at 2020-12-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio81.9%at 2019-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE23.3%2021-01-01 → 2021-12-31dStandaloneRate of return on equity (5-year summary)
Shares issued114,692,187at 2023-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued57,192,187at 2022-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued57,192,187at 2021-12-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued57,192,187at 2020-12-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued57,059,487at 2019-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees2at 2023-12-31StandaloneNumber of employees
Employees7at 2022-12-31StandaloneNumber of employees
Employees5at 2021-12-31dStandaloneNumber of employees
Employees6at 2020-12-31dStandaloneNumber of employees
Employees14at 2019-12-31dStandaloneNumber 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 · 23
SegmentItemPeriodValue
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentscapex2023-01-01 → 2023-12-31¥51m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment assetsat 2023-12-31¥75m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment profit2023-01-01 → 2023-12-31−¥11m
Reconciling Itemsreconcilingsegment assetsat 2023-12-31¥537m
Reconciling Itemsreconcilingsegment profit2023-01-01 → 2023-12-31−¥108m
Hotelreportable segmentcapex2023-01-01 → 2023-12-31¥109m
Hotelreportable segmentdepreciation2023-01-01 → 2023-12-31¥42m
Hotelreportable segmentrevenue2023-01-01 → 2023-12-31¥262m
Hotelreportable segmentrevenue external2023-01-01 → 2023-12-31¥262m
Hotelreportable segmentsegment assetsat 2023-12-31¥1.1bn
Hotelreportable segmentsegment profit2023-01-01 → 2023-12-31−¥349m
—segment totalcapex2023-01-01 → 2023-12-31¥109m
—segment totaldepreciation2023-01-01 → 2023-12-31¥42m
—segment totalrevenue2023-01-01 → 2023-12-31¥262m
—segment totalrevenue external2023-01-01 → 2023-12-31¥262m
—segment totalsegment assetsat 2023-12-31¥1.1bn
—segment totalsegment profit2023-01-01 → 2023-12-31−¥349m
Total Of Reportable Segments And Otherssegment totalcapex2023-01-01 → 2023-12-31¥159m
Total Of Reportable Segments And Otherssegment totaldepreciation2023-01-01 → 2023-12-31¥42m
Total Of Reportable Segments And Otherssegment totalrevenue2023-01-01 → 2023-12-31¥262m
Total Of Reportable Segments And Otherssegment totalrevenue external2023-01-01 → 2023-12-31¥262m
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2023-12-31¥1.1bn
Total Of Reportable Segments And Otherssegment totalsegment profit2023-01-01 → 2023-12-31−¥360m

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

All source rows · 1,262
ItemContextValueUnit
Risk management (text)FilingDateInstantText · Plus
Reference to other information risk managementFilingDateInstantText · Plus
Metrics and targets (text)FilingDateInstantText · Plus
Description of metrics related to policy on human resource development and improvement of internal environment and targets and results using such metrics metrics and targets (text)FilingDateInstantText · Plus
Business risks (text)FilingDateInstantText · Plus
Material matters relating to going concern etc business risks (text)FilingDateInstantText · Plus
Management analysis of financial position operating results and cash flows (text)FilingDateInstantText · Plus
Critical contracts for operation (text)FilingDateInstantText · Plus
Research and development activities (text)FilingDateInstantText · Plus
Overview of capital expenditures etc (text)FilingDateInstantText · Plus
Major facilities (text)FilingDateInstantText · Plus
Planned additions retirements etc of facilities (text)FilingDateInstantText · Plus
Total number of shares (text)FilingDateInstantText · Plus
Issued shares total number of shares etc (text)FilingDateInstantText · Plus
Class issued shares total number of shares etcFilingDateInstant_OrdinaryShareMember
Original text (Japanese)普通株式
Name of financial instruments exchange on which securities are listed or authorized financial instruments business association to which securities are registeredFilingDateInstant_OrdinaryShareMember
Original text (Japanese)東京証券取引所スタンダード市場
Description issued shares total number of shares etcFilingDateInstant_OrdinaryShareMember
Original text (Japanese)単元株式数は100株であります。
Details of employee share option program (text)FilingDateInstantText · Plus
Description of rights plan (text)FilingDateInstantText · Plus
Other information on share acquisition rights (text)FilingDateInstantText · Plus
Exercises etc of moving strike convertible bonds etc (text)FilingDateInstantText · Plus
Changes in number of issued shares stated capital etc (text)FilingDateInstantText · Plus
Shareholding by shareholder category (text)FilingDateInstantText · Plus
Major shareholders (text)FilingDateInstantText · Plus
Name major shareholdersCurrentYearInstant_No1MajorShareholdersMember
Original text (Japanese)MMXX VENTURES LIMITED(常任代理人 EVOLUTION JAPAN証券株式会社)(注)2.
Address major shareholdersCurrentYearInstant_No1MajorShareholdersMemberText · Plus
Name major shareholdersCurrentYearInstant_No2MajorShareholdersMember
Original text (Japanese)EVO FUND(EVOLUTION JAPAN証券株式会社)(注)2.
Address major shareholdersCurrentYearInstant_No2MajorShareholdersMemberText · Plus
Name major shareholdersCurrentYearInstant_No3MajorShareholdersMember
Original text (Japanese)SPENCER DAVID JONATHAN(常任代理人 EVOLUTION JAPAN証券株式会社)
Address major shareholdersCurrentYearInstant_No3MajorShareholdersMember
Original text (Japanese)VADHANA, BANGKOK(東京都千代田区紀尾井町4番1号)
Name major shareholdersCurrentYearInstant_No4MajorShareholdersMember
Original text (Japanese)INTERACTIVE BROKERS LLC(常任代理人 インタラクティブ・ブローカーズ証券株式会社)
Address major shareholdersCurrentYearInstant_No4MajorShareholdersMemberText · Plus
Name major shareholdersCurrentYearInstant_No5MajorShareholdersMemberGEROVICH SIMON
Address major shareholdersCurrentYearInstant_No5MajorShareholdersMember
Original text (Japanese)東京都港区
Name major shareholdersCurrentYearInstant_No6MajorShareholdersMember
Original text (Japanese)上田八木短資株式会社取締役社長 上田 晶平
Address major shareholdersCurrentYearInstant_No6MajorShareholdersMember
Original text (Japanese)大阪府大阪市中央区高麗橋2丁目4番2号
Name major shareholdersCurrentYearInstant_No7MajorShareholdersMember
Original text (Japanese)加賀美 郷
Address major shareholdersCurrentYearInstant_No7MajorShareholdersMember
Original text (Japanese)東京都豊島区
Name major shareholdersCurrentYearInstant_No8MajorShareholdersMember
Original text (Japanese)パネフリ工業株式会社代表取締役 藤田 哲英
Address major shareholdersCurrentYearInstant_No8MajorShareholdersMember
Original text (Japanese)京都府長岡京市馬場2丁目6番7号
Name major shareholdersCurrentYearInstant_No9MajorShareholdersMember
Original text (Japanese)VAN WINGERDEN GERRIT BRUCE(常任代理人 EVOLUTION JAPAN証券株式会社)
Address major shareholdersCurrentYearInstant_No9MajorShareholdersMemberText · Plus
Name major shareholdersCurrentYearInstant_No10MajorShareholdersMember
Original text (Japanese)LGT BANK LTD(常任代理人 株式会社三菱UFJ銀行)
Address major shareholdersCurrentYearInstant_No10MajorShareholdersMemberText · Plus
Issued shares voting rights (text)FilingDateInstantText · Plus
Description issued shares voting rightsCurrentYearInstant_SharesWithNoVotingRightsMember-
Description issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsTreasurySharesEtcMember-
Description issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember-
Description issued shares voting rightsCurrentYearInstant_SharesWithFullVotingRightsTreasurySharesEtcMember-
Description issued shares voting rightsCurrentYearInstant_SharesWithFullVotingRightsOtherMember-

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 identityconsolidated 2022-12-31pass
balance sheet identityconsolidated 2023-12-31pass rounding
balance sheet identitynon_consolidated 2022-12-31pass rounding
balance sheet identitynon_consolidated 2023-12-31pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2021-12-31pass
statement vs summary · net assetsconsolidated 2022-12-31pass
statement vs summary · net assetsconsolidated 2023-12-31pass
statement vs summary · net assetsnon_consolidated 2021-12-31pass
statement vs summary · net assetsnon_consolidated 2022-12-31pass
statement vs summary · net assetsnon_consolidated 2023-12-31pass
statement vs summary · net income attributable to parentconsolidated 2022-01-01/2022-12-31pass
statement vs summary · net income attributable to parentconsolidated 2023-01-01/2023-12-31pass
statement vs summary · operating cash flowconsolidated 2022-01-01/2022-12-31pass
statement vs summary · operating cash flowconsolidated 2023-01-01/2023-12-31pass
statement vs summary · revenueconsolidated 2022-01-01/2022-12-31pass
statement vs summary · revenueconsolidated 2023-01-01/2023-12-31pass
statement vs summary · revenuenon_consolidated 2022-01-01/2022-12-31pass
statement vs summary · revenuenon_consolidated 2023-01-01/2023-12-31pass
statement vs summary · total assetsconsolidated 2022-12-31pass
statement vs summary · total assetsconsolidated 2023-12-31pass
statement vs summary · total assetsnon_consolidated 2022-12-31pass
statement vs summary · total assetsnon_consolidated 2023-12-31pass