Annual report

Period2025-01-01 → 2025-12-31

Filed2026-03-18

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 148

Metric	Value	Period	Scope	Source row
Revenue	¥10.8bn	2025-01-01 → 2025-12-31	Cons.	Net sales
Revenue	¥10.0bn	2024-01-01 → 2024-12-31	Cons.	Net sales
Revenue	¥9.3bn	2023-01-01 → 2023-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥9.6bn	2022-01-01 → 2022-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥9.2bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥343m	2025-01-01 → 2025-12-31	Cons.	Operating income
Operating income	¥318m	2024-01-01 → 2024-12-31	Cons.	Operating income
Ordinary income	¥489m	2025-01-01 → 2025-12-31	Cons.	Ordinary income
Ordinary income	¥364m	2024-01-01 → 2024-12-31	Cons.	Ordinary income
Ordinary income	¥653m	2023-01-01 → 2023-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥790m	2022-01-01 → 2022-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥1.1bn	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥504m	2025-01-01 → 2025-12-31	Cons.	Income before income taxes
Profit before tax	¥369m	2024-01-01 → 2024-12-31	Cons.	Income before income taxes
Net income (owners)	¥337m	2025-01-01 → 2025-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥262m	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥442m	2023-01-01 → 2023-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥517m	2022-01-01 → 2022-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥737m	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥333m	2025-01-01 → 2025-12-31	Cons.	Profit loss
Net income	¥269m	2024-01-01 → 2024-12-31	Cons.	Profit loss
Total assets	¥12.7bn	at 2025-12-31	Cons.	Assets
Total assets	¥11.7bn	at 2024-12-31	Cons.	Assets
Total assets	¥10.9bn	at 2023-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥10.3bn	at 2022-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥10.1bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥2.7bn	at 2025-12-31	Cons.	Liabilities
Total liabilities	¥2.2bn	at 2024-12-31	Cons.	Liabilities
Net assets / equity	¥10.0bn	at 2025-12-31	Cons.	Net assets
Net assets / equity	¥9.6bn	at 2024-12-31	Cons.	Net assets
Net assets / equity	¥9.0bn	at 2023-12-31^v	Cons.	Net assets
Net assets / equity	¥8.6bn	at 2022-12-31^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥8.3bn	at 2021-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥2.7bn	at 2025-12-31	Cons.	Cash and deposits
Cash and deposits	¥2.4bn	at 2024-12-31	Cons.	Cash and deposits
Cash & equivalents	¥2.7bn	at 2025-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥2.4bn	at 2024-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥2.8bn	at 2023-12-31^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥3.0bn	at 2022-12-31^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥3.3bn	at 2021-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥595m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥241m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥736m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥284m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥648m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	¥43m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥217m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥758m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥291m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥145m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥283m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥479m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥201m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥236m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥420m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥59.26	2025-01-01 → 2025-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥45.05	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥75.97	2023-01-01 → 2023-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥89.13	2022-01-01 → 2022-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥126.94	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥1,652.02	at 2025-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,565	at 2024-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,447.08	at 2023-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,385.2	at 2022-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,344.48	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	74.0%	at 2025-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	76.5%	at 2024-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	77.7%	at 2023-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	78.1%	at 2022-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	77.3%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	3.6%	2025-01-01 → 2025-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	3.0%	2024-01-01 → 2024-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	5.4%	2023-01-01 → 2023-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	6.5%	2022-01-01 → 2022-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	9.7%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	182	at 2025-12-31	Cons.	Number of employees
Employees	174	at 2024-12-31	Cons.	Number of employees
Employees	155	at 2023-12-31^v	Cons.	Number of employees
Employees	146	at 2022-12-31^v	Cons.	Number of employees
Employees	144	at 2021-12-31^d	Cons.	Number of employees
Revenue	¥8.2bn	2025-01-01 → 2025-12-31	Standalone	Net sales
Revenue	¥7.8bn	2024-01-01 → 2024-12-31	Standalone	Net sales
Revenue	¥7.2bn	2023-01-01 → 2023-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥7.3bn	2022-01-01 → 2022-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥7.0bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥279m	2025-01-01 → 2025-12-31	Standalone	Operating income
Operating income	¥241m	2024-01-01 → 2024-12-31	Standalone	Operating income
Ordinary income	¥439m	2025-01-01 → 2025-12-31	Standalone	Ordinary income
Ordinary income	¥392m	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	¥620m	2023-01-01 → 2023-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥610m	2022-01-01 → 2022-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥1.1bn	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥509m	2025-01-01 → 2025-12-31	Standalone	Income before income taxes
Profit before tax	¥397m	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Net income	¥362m	2025-01-01 → 2025-12-31	Standalone	Profit loss
Net income	¥308m	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	¥456m	2023-01-01 → 2023-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥435m	2022-01-01 → 2022-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥872m	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥11.3bn	at 2025-12-31	Standalone	Assets
Total assets	¥10.4bn	at 2024-12-31	Standalone	Assets
Total assets	¥9.6bn	at 2023-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥9.1bn	at 2022-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥8.9bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥2.3bn	at 2025-12-31	Standalone	Liabilities
Total liabilities	¥1.9bn	at 2024-12-31	Standalone	Liabilities
Net assets / equity	¥9.0bn	at 2025-12-31	Standalone	Net assets
Net assets / equity	¥8.6bn	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥8.0bn	at 2023-12-31^v	Standalone	Net assets
Net assets / equity	¥7.6bn	at 2022-12-31^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥7.5bn	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥2.3bn	at 2025-12-31	Standalone	Cash and deposits
Cash and deposits	¥1.9bn	at 2024-12-31	Standalone	Cash and deposits
EPS (basic)	¥63.68	2025-01-01 → 2025-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥52.96	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥78.39	2023-01-01 → 2023-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥75.08	2022-01-01 → 2022-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥150.14	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
Dividend per share	¥50	2025-01-01 → 2025-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥50	2024-01-01 → 2024-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥30	2023-01-01 → 2023-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥36	2022-01-01 → 2022-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥36	2021-01-01 → 2021-12-31^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥1,590.22	at 2025-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,498.88	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,378.13	at 2023-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,315.72	at 2022-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,292.2	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	79.9%	at 2025-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	82.2%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	83.7%	at 2023-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	84.5%	at 2022-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	83.7%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	4.0%	2025-01-01 → 2025-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	3.6%	2024-01-01 → 2024-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	5.7%	2023-01-01 → 2023-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	5.7%	2022-01-01 → 2022-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	11.7%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	6,048,000	at 2025-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	6,048,000	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	6,048,000	at 2023-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	6,048,000	at 2022-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	6,048,000	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	144	at 2025-12-31	Standalone	Number of employees
Employees	137	at 2024-12-31	Standalone	Number of employees
Employees	122	at 2023-12-31^v	Standalone	Number of employees
Employees	115	at 2022-12-31^v	Standalone	Number of employees
Employees	113	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 · 1,436

Item	Context	Value	Unit
Net changes of items other than shareholders equity	CurrentYearDuration_NonControllingInterestsMember	-5000000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration	470000000	JPY
Total changes of items during the period	CurrentYearDuration_ValuationDifferenceOnAvailableForSaleSecuritiesMember	492000000	JPY
Total changes of items during the period	CurrentYearDuration_DeferredGainsOrLossesOnHedgesMember	-13000000	JPY
Total changes of items during the period	CurrentYearDuration_ForeignCurrencyTranslationAdjustmentMember	-3000000	JPY
Total changes of items during the period	CurrentYearDuration_ValuationAndTranslationAdjustmentsMember	476000000	JPY
Total changes of items during the period	CurrentYearDuration_NonControllingInterestsMember	-5000000	JPY
Total changes of items during the period	CurrentYearDuration	400000000	JPY
Net assets	CurrentYearInstant_ValuationDifferenceOnAvailableForSaleSecuritiesMember	1606000000	JPY
Net assets	CurrentYearInstant_DeferredGainsOrLossesOnHedgesMember	20000000	JPY
Net assets	CurrentYearInstant_ForeignCurrencyTranslationAdjustmentMember	59000000	JPY
Net assets	CurrentYearInstant_ValuationAndTranslationAdjustmentsMember	1687000000	JPY
Net assets	CurrentYearInstant_NonControllingInterestsMember	582000000	JPY
Net assets	CurrentYearInstant	9955000000	JPY
Income before income taxes	Prior1YearDuration	369000000	JPY
Income before income taxes	CurrentYearDuration	504000000	JPY
Depreciation and amortization ope cf	Prior1YearDuration	136000000	JPY
Depreciation and amortization ope cf	CurrentYearDuration	167000000	JPY
Impairment loss ope cf	Prior1YearDuration	－	JPY
Impairment loss ope cf	CurrentYearDuration	54000000	JPY
Surrender value of insurance ope cf	Prior1YearDuration	-1000000	JPY
Surrender value of insurance ope cf	CurrentYearDuration	-12000000	JPY
Loss gain on sales of investment securities ope cf	Prior1YearDuration	-53000000	JPY
Loss gain on sales of investment securities ope cf	CurrentYearDuration	-69000000	JPY
Loss gain on valuation of investment securities ope cf	Prior1YearDuration	48000000	JPY
Loss gain on valuation of investment securities ope cf	CurrentYearDuration	－	JPY
Increase decrease in allowance for doubtful accounts ope cf	Prior1YearDuration	0	JPY
Increase decrease in allowance for doubtful accounts ope cf	CurrentYearDuration	0	JPY
Increase decrease in net defined benefit liability ope cf	Prior1YearDuration	63000000	JPY
Increase decrease in net defined benefit liability ope cf	CurrentYearDuration	36000000	JPY
Interest and dividends income ope cf	Prior1YearDuration	-75000000	JPY
Interest and dividends income ope cf	CurrentYearDuration	-102000000	JPY
Interest expenses ope cf	Prior1YearDuration	0	JPY
Interest expenses ope cf	CurrentYearDuration	0	JPY
Foreign exchange losses gains ope cf	Prior1YearDuration	-9000000	JPY
Foreign exchange losses gains ope cf	CurrentYearDuration	-14000000	JPY
Loss gain on sales and retirement of noncurrent assets ope cf	Prior1YearDuration	1000000	JPY
Loss gain on sales and retirement of noncurrent assets ope cf	CurrentYearDuration	4000000	JPY
Decrease increase in notes and accounts receivable trade ope cf	Prior1YearDuration	-140000000	JPY
Decrease increase in notes and accounts receivable trade ope cf	CurrentYearDuration	-83000000	JPY
Decrease increase in inventories ope cf	Prior1YearDuration	-25000000	JPY
Decrease increase in inventories ope cf	CurrentYearDuration	-48000000	JPY
Increase decrease in notes and accounts payable trade ope cf	Prior1YearDuration	71000000	JPY
Increase decrease in notes and accounts payable trade ope cf	CurrentYearDuration	121000000	JPY
Increase decrease in accounts payable other ope cf	Prior1YearDuration	2000000	JPY
Increase decrease in accounts payable other ope cf	CurrentYearDuration	23000000	JPY
Other net ope cf	Prior1YearDuration	-27000000	JPY
Other net ope cf	CurrentYearDuration	-31000000	JPY
Subtotal ope cf	Prior1YearDuration	359000000	JPY
Subtotal ope cf	CurrentYearDuration	550000000	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 rounding
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