Annual report

Period2025-01-01 → 2025-12-31

Filed2026-03-23

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 148

Metric	Value	Period	Scope	Source row
Revenue	¥4.5bn	2025-01-01 → 2025-12-31	Cons.	Net sales
Revenue	¥4.2bn	2024-01-01 → 2024-12-31	Cons.	Net sales
Revenue	¥3.8bn	2023-01-01 → 2023-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥3.4bn	2022-01-01 → 2022-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥3.1bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥647m	2025-01-01 → 2025-12-31	Cons.	Operating income
Operating income	¥626m	2024-01-01 → 2024-12-31	Cons.	Operating income
Ordinary income	¥652m	2025-01-01 → 2025-12-31	Cons.	Ordinary income
Ordinary income	¥623m	2024-01-01 → 2024-12-31	Cons.	Ordinary income
Ordinary income	¥464m	2023-01-01 → 2023-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥480m	2022-01-01 → 2022-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥345m	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥601m	2025-01-01 → 2025-12-31	Cons.	Income before income taxes
Profit before tax	¥623m	2024-01-01 → 2024-12-31	Cons.	Income before income taxes
Net income (owners)	¥408m	2025-01-01 → 2025-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥407m	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥300m	2023-01-01 → 2023-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥323m	2022-01-01 → 2022-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥224m	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥432m	2025-01-01 → 2025-12-31	Cons.	Profit loss
Net income	¥426m	2024-01-01 → 2024-12-31	Cons.	Profit loss
Total assets	¥30.1bn	at 2025-12-31	Cons.	Assets
Total assets	¥26.0bn	at 2024-12-31	Cons.	Assets
Total assets	¥21.3bn	at 2023-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥15.2bn	at 2022-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥16.0bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥26.9bn	at 2025-12-31	Cons.	Liabilities
Total liabilities	¥23.0bn	at 2024-12-31	Cons.	Liabilities
Net assets / equity	¥3.3bn	at 2025-12-31	Cons.	Net assets
Net assets / equity	¥3.0bn	at 2024-12-31	Cons.	Net assets
Net assets / equity	¥2.6bn	at 2023-12-31^v	Cons.	Net assets
Net assets / equity	¥2.4bn	at 2022-12-31^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥2.1bn	at 2021-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥27.8bn	at 2025-12-31	Cons.	Cash and deposits
Cash and deposits	¥23.8bn	at 2024-12-31	Cons.	Cash and deposits
Cash & equivalents	¥27.7bn	at 2025-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥23.7bn	at 2024-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥19.4bn	at 2023-12-31^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥13.4bn	at 2022-12-31^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥14.7bn	at 2021-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥4.2bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥4.4bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥6.1bn	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥1.1bn	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥6.3bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥38m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥48m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥66m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥113m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥86m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥148m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥81m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥67m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥67m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥156m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥64.87	2025-01-01 → 2025-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥64.7	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥47.71	2023-01-01 → 2023-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥51.36	2022-01-01 → 2022-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥35.2	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥498.14	at 2025-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥450.36	at 2024-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥397.67	at 2023-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥359.83	at 2022-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥318.6	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	10.4%	at 2025-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	10.9%	at 2024-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	11.7%	at 2023-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	14.9%	at 2022-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	12.5%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	13.7%	2025-01-01 → 2025-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	15.3%	2024-01-01 → 2024-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	12.6%	2023-01-01 → 2023-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	15.1%	2022-01-01 → 2022-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	11.4%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	97	at 2025-12-31	Cons.	Number of employees
Employees	93	at 2024-12-31	Cons.	Number of employees
Employees	82	at 2023-12-31^v	Cons.	Number of employees
Employees	77	at 2022-12-31^v	Cons.	Number of employees
Employees	72	at 2021-12-31^d	Cons.	Number of employees
Revenue	¥3.9bn	2025-01-01 → 2025-12-31	Standalone	Net sales
Revenue	¥3.6bn	2024-01-01 → 2024-12-31	Standalone	Net sales
Revenue	¥3.2bn	2023-01-01 → 2023-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥3.0bn	2022-01-01 → 2022-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥2.7bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥451m	2025-01-01 → 2025-12-31	Standalone	Operating income
Operating income	¥455m	2024-01-01 → 2024-12-31	Standalone	Operating income
Ordinary income	¥463m	2025-01-01 → 2025-12-31	Standalone	Ordinary income
Ordinary income	¥463m	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	¥272m	2023-01-01 → 2023-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥351m	2022-01-01 → 2022-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥210m	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥413m	2025-01-01 → 2025-12-31	Standalone	Income before income taxes
Profit before tax	¥463m	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Net income	¥313m	2025-01-01 → 2025-12-31	Standalone	Profit loss
Net income	¥320m	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	¥191m	2023-01-01 → 2023-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥252m	2022-01-01 → 2022-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥147m	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥22.5bn	at 2025-12-31	Standalone	Assets
Total assets	¥19.9bn	at 2024-12-31	Standalone	Assets
Total assets	¥16.1bn	at 2023-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥10.2bn	at 2022-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥11.1bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥19.9bn	at 2025-12-31	Standalone	Liabilities
Total liabilities	¥17.5bn	at 2024-12-31	Standalone	Liabilities
Net assets / equity	¥2.6bn	at 2025-12-31	Standalone	Net assets
Net assets / equity	¥2.4bn	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥2.2bn	at 2023-12-31^v	Standalone	Net assets
Net assets / equity	¥2.0bn	at 2022-12-31^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥1.8bn	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥20.3bn	at 2025-12-31	Standalone	Cash and deposits
Cash and deposits	¥17.9bn	at 2024-12-31	Standalone	Cash and deposits
EPS (basic)	¥49.77	2025-01-01 → 2025-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥50.93	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥30.29	2023-01-01 → 2023-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥40.07	2022-01-01 → 2022-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥23.02	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
Dividend per share	¥25.8	2025-01-01 → 2025-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥22.5	2024-01-01 → 2024-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥12	2023-01-01 → 2023-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥10	2022-01-01 → 2022-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥10	2021-01-01 → 2021-12-31^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥414.46	at 2025-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥381.79	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥342.86	at 2023-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥322.44	at 2022-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥292.49	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	11.6%	at 2025-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	12.1%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	13.4%	at 2023-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	19.8%	at 2022-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	16.6%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	12.5%	2025-01-01 → 2025-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	14.1%	2024-01-01 → 2024-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	9.1%	2023-01-01 → 2023-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	13.0%	2022-01-01 → 2022-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	7.9%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	6,564,400	at 2025-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	6,564,400	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	6,564,400	at 2023-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	6,564,400	at 2022-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	6,564,400	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	90	at 2025-12-31	Standalone	Number of employees
Employees	85	at 2024-12-31	Standalone	Number of employees
Employees	76	at 2023-12-31^v	Standalone	Number of employees
Employees	73	at 2022-12-31^v	Standalone	Number of employees
Employees	70	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 · 1,194

Item	Context	Value	Unit
Accounts payable trade	CurrentYearInstant	280394000	JPY
Accounts payable other	Prior1YearInstant	33947000	JPY
Accounts payable other	CurrentYearInstant	42835000	JPY
Income taxes payable	Prior1YearInstant	153973000	JPY
Income taxes payable	CurrentYearInstant	102898000	JPY
Deposits received	Prior1YearInstant	22212347000	JPY
Deposits received	CurrentYearInstant	26190574000	JPY
Accrued consumption taxes	Prior1YearInstant	96753000	JPY
Accrued consumption taxes	CurrentYearInstant	42292000	JPY
Other cl	Prior1YearInstant	178591000	JPY
Other cl	CurrentYearInstant	169378000	JPY
Current liabilities	Prior1YearInstant	22937659000	JPY
Current liabilities	CurrentYearInstant	26828374000	JPY
Asset retirement obligations ncl	Prior1YearInstant	32662000	JPY
Asset retirement obligations ncl	CurrentYearInstant	32895000	JPY
Other ncl	Prior1YearInstant	25241000	JPY
Other ncl	CurrentYearInstant	8482000	JPY
Noncurrent liabilities	Prior1YearInstant	57903000	JPY
Noncurrent liabilities	CurrentYearInstant	41377000	JPY
Liabilities	Prior1YearInstant	22995562000	JPY
Liabilities	CurrentYearInstant	26869752000	JPY
Capital stock	Prior1YearInstant	1237988000	JPY
Capital stock	CurrentYearInstant	1237988000	JPY
Capital surplus	Prior1YearInstant	83900000	JPY
Capital surplus	CurrentYearInstant	83900000	JPY
Retained earnings	Prior1YearInstant	1659530000	JPY
Retained earnings	CurrentYearInstant	1926042000	JPY
Treasury stock	Prior1YearInstant	-148930000	JPY
Treasury stock	CurrentYearInstant	-148930000	JPY
Shareholders equity	Prior1YearInstant	2832489000	JPY
Shareholders equity	CurrentYearInstant	3099000000	JPY
Valuation difference on available for sale securities	Prior1YearInstant	－	JPY
Valuation difference on available for sale securities	CurrentYearInstant	33963000	JPY
Valuation and translation adjustments	Prior1YearInstant	－	JPY
Valuation and translation adjustments	CurrentYearInstant	33963000	JPY
Non controlling interests	Prior1YearInstant	126359000	JPY
Non controlling interests	CurrentYearInstant	144033000	JPY
Net assets	Prior1YearInstant	2958848000	JPY
Net assets	CurrentYearInstant	3276997000	JPY
Liabilities and net assets	Prior1YearInstant	25954411000	JPY
Liabilities and net assets	CurrentYearInstant	30146750000	JPY
Net sales	Prior1YearDuration	4218230000	JPY
Net sales	CurrentYearDuration	4546706000	JPY
Cost of sales	Prior1YearDuration	2684563000	JPY
Cost of sales	CurrentYearDuration	2925898000	JPY
Gross profit	Prior1YearDuration	1533666000	JPY
Gross profit	CurrentYearDuration	1620808000	JPY
Selling general and administrative expenses	Prior1YearDuration	907555000	JPY
Selling general and administrative expenses	CurrentYearDuration	973441000	JPY
Operating income	Prior1YearDuration	626111000	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
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