Annual report

Period2022-01-01 → 2022-12-31

Filed2023-03-23

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 158

Metric	Value	Period	Scope	Source row
Revenue	¥5.2bn	2022-01-01 → 2022-12-31	Cons.	Net sales
Revenue	¥4.1bn	2021-01-01 → 2021-12-31	Cons.	Net sales
Revenue	¥3.4bn	2020-01-01 → 2020-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥3.3bn	2019-01-01 → 2019-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥3.2bn	2018-01-01 → 2018-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥420m	2022-01-01 → 2022-12-31	Cons.	Operating income
Operating income	¥353m	2021-01-01 → 2021-12-31	Cons.	Operating income
Ordinary income	¥458m	2022-01-01 → 2022-12-31	Cons.	Ordinary income
Ordinary income	¥385m	2021-01-01 → 2021-12-31	Cons.	Ordinary income
Ordinary income	¥241m	2020-01-01 → 2020-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥194m	2019-01-01 → 2019-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥239m	2018-01-01 → 2018-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥458m	2022-01-01 → 2022-12-31	Cons.	Income before income taxes
Profit before tax	¥385m	2021-01-01 → 2021-12-31	Cons.	Income before income taxes
Net income (owners)	¥356m	2022-01-01 → 2022-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥274m	2021-01-01 → 2021-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥176m	2020-01-01 → 2020-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥137m	2019-01-01 → 2019-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥148m	2018-01-01 → 2018-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥356m	2022-01-01 → 2022-12-31	Cons.	Profit loss
Net income	¥274m	2021-01-01 → 2021-12-31	Cons.	Profit loss
Total assets	¥3.1bn	at 2022-12-31	Cons.	Assets
Total assets	¥2.8bn	at 2021-12-31	Cons.	Assets
Total assets	¥2.2bn	at 2020-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥2.1bn	at 2019-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥2.1bn	at 2018-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥1.2bn	at 2022-12-31	Cons.	Liabilities
Total liabilities	¥1.1bn	at 2021-12-31	Cons.	Liabilities
Net assets / equity	¥1.9bn	at 2022-12-31	Cons.	Net assets
Net assets / equity	¥1.7bn	at 2021-12-31	Cons.	Net assets
Net assets / equity	¥1.5bn	at 2020-12-31^d	Cons.	Net assets
Net assets / equity	¥1.4bn	at 2019-12-31^d	Cons.	Net assets (5-year summary)
Net assets / equity	¥1.4bn	at 2018-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥767m	at 2022-12-31	Cons.	Cash and deposits
Cash and deposits	¥665m	at 2021-12-31	Cons.	Cash and deposits
Cash & equivalents	¥1.2bn	at 2022-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥1.3bn	at 2021-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥913m	at 2020-12-31^d	Cons.	Cash and cash equivalents
Cash & equivalents	¥728m	at 2019-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥892m	at 2018-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥132m	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥482m	2021-01-01 → 2021-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥363m	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥148m	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥199m	2018-01-01 → 2018-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥111m	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥51m	2021-01-01 → 2021-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥95m	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥182m	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥42m	2018-01-01 → 2018-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥145m	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥97m	2021-01-01 → 2021-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥83m	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥134m	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥118m	2018-01-01 → 2018-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥218.39	2022-01-01 → 2022-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥168.03	2021-01-01 → 2021-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥107.73	2020-01-01 → 2020-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥83.95	2019-01-01 → 2019-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥89.34	2018-01-01 → 2018-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥218.26	2022-01-01 → 2022-12-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥167.89	2021-01-01 → 2021-12-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥107.6	2020-01-01 → 2020-12-31^d	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥83.79	2019-01-01 → 2019-12-31^d	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥89.13	2018-01-01 → 2018-12-31^d	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥1,169.24	at 2022-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,027.53	at 2021-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥909.53	at 2020-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥845.34	at 2019-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥819.53	at 2018-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	62.1%	at 2022-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	59.9%	at 2021-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	66.5%	at 2020-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	66.2%	at 2019-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	65.7%	at 2018-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	19.9%	2022-01-01 → 2022-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	17.3%	2021-01-01 → 2021-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	12.3%	2020-01-01 → 2020-12-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	10.0%	2019-01-01 → 2019-12-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	11.1%	2018-01-01 → 2018-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	189	at 2022-12-31	Cons.	Number of employees
Employees	169	at 2021-12-31	Cons.	Number of employees
Employees	154	at 2020-12-31^d	Cons.	Number of employees
Employees	150	at 2019-12-31^d	Cons.	Number of employees
Employees	129	at 2018-12-31^d	Cons.	Number of employees
Revenue	¥4.7bn	2022-01-01 → 2022-12-31	Standalone	Net sales
Revenue	¥3.9bn	2021-01-01 → 2021-12-31	Standalone	Net sales
Revenue	¥3.3bn	2020-01-01 → 2020-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥3.1bn	2019-01-01 → 2019-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥3.0bn	2018-01-01 → 2018-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥342m	2022-01-01 → 2022-12-31	Standalone	Operating income
Operating income	¥309m	2021-01-01 → 2021-12-31	Standalone	Operating income
Ordinary income	¥381m	2022-01-01 → 2022-12-31	Standalone	Ordinary income
Ordinary income	¥346m	2021-01-01 → 2021-12-31	Standalone	Ordinary income
Ordinary income	¥205m	2020-01-01 → 2020-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥180m	2019-01-01 → 2019-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥200m	2018-01-01 → 2018-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥381m	2022-01-01 → 2022-12-31	Standalone	Income before income taxes
Profit before tax	¥346m	2021-01-01 → 2021-12-31	Standalone	Income before income taxes
Net income	¥299m	2022-01-01 → 2022-12-31	Standalone	Profit loss
Net income	¥244m	2021-01-01 → 2021-12-31	Standalone	Profit loss
Net income	¥141m	2020-01-01 → 2020-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥125m	2019-01-01 → 2019-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥135m	2018-01-01 → 2018-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥2.8bn	at 2022-12-31	Standalone	Assets
Total assets	¥2.7bn	at 2021-12-31	Standalone	Assets
Total assets	¥2.2bn	at 2020-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥2.1bn	at 2019-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥2.0bn	at 2018-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥1.0bn	at 2022-12-31	Standalone	Liabilities
Total liabilities	¥1.1bn	at 2021-12-31	Standalone	Liabilities
Net assets / equity	¥1.8bn	at 2022-12-31	Standalone	Net assets
Net assets / equity	¥1.6bn	at 2021-12-31	Standalone	Net assets
Net assets / equity	¥1.4bn	at 2020-12-31^d	Standalone	Net assets
Net assets / equity	¥1.4bn	at 2019-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥1.4bn	at 2018-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥559m	at 2022-12-31	Standalone	Cash and deposits
Cash and deposits	¥557m	at 2021-12-31	Standalone	Cash and deposits
EPS (basic)	¥183.47	2022-01-01 → 2022-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥149.41	2021-01-01 → 2021-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥86.6	2020-01-01 → 2020-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥76.3	2019-01-01 → 2019-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥81.24	2018-01-01 → 2018-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥183.36	2022-01-01 → 2022-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥149.29	2021-01-01 → 2021-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥86.5	2020-01-01 → 2020-12-31^d	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥76.16	2019-01-01 → 2019-12-31^d	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥81.05	2018-01-01 → 2018-12-31^d	Standalone	Diluted earnings per share (5-year summary)
Dividend per share	¥109.14	2022-01-01 → 2022-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥83.97	2021-01-01 → 2021-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥53.86	2020-01-01 → 2020-12-31^d	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥42.11	2019-01-01 → 2019-12-31^d	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥44.65	2018-01-01 → 2018-12-31^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥1,085.78	at 2022-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥983.67	at 2021-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥887.07	at 2020-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥843.17	at 2019-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥826.87	at 2018-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	63.0%	at 2022-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	60.0%	at 2021-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	66.9%	at 2020-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	67.0%	at 2019-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	67.3%	at 2018-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	17.7%	2022-01-01 → 2022-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	16.0%	2021-01-01 → 2021-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	10.0%	2020-01-01 → 2020-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	9.1%	2019-01-01 → 2019-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	9.9%	2018-01-01 → 2018-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	1,677,000	at 2022-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	1,677,000	at 2021-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	1,677,000	at 2020-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	1,677,000	at 2019-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	1,677,000	at 2018-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	143	at 2022-12-31	Standalone	Number of employees
Employees	135	at 2021-12-31	Standalone	Number of employees
Employees	125	at 2020-12-31^d	Standalone	Number of employees
Employees	118	at 2019-12-31^d	Standalone	Number of employees
Employees	101	at 2018-12-31^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
Internet Research Businessreportable segment	employees	at 2022-12-31	168 pure
Internet Research Businessreportable segment	employees	at 2022-12-31	128 pure

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

All source rows · 1,367

Item	Context	Value	Unit
Retained earnings	CurrentYearInstant	1251210000	JPY
Treasury stock	Prior1YearInstant	-47642000	JPY
Treasury stock	CurrentYearInstant	-46862000	JPY
Shareholders equity	Prior1YearInstant	1676478000	JPY
Shareholders equity	CurrentYearInstant	1896318000	JPY
Valuation difference on available for sale securities	Prior1YearInstant	206000	JPY
Valuation difference on available for sale securities	CurrentYearInstant	4828000	JPY
Foreign currency translation adjustment	Prior1YearInstant	64000	JPY
Foreign currency translation adjustment	CurrentYearInstant	7759000	JPY
Valuation and translation adjustments	Prior1YearInstant	271000	JPY
Valuation and translation adjustments	CurrentYearInstant	12588000	JPY
Net assets	Prior1YearInstant	1676749000	JPY
Net assets	CurrentYearInstant	1908906000	JPY
Liabilities and net assets	Prior1YearInstant	2799835000	JPY
Liabilities and net assets	CurrentYearInstant	3072220000	JPY
Net sales	Prior1YearDuration	4086401000	JPY
Net sales	CurrentYearDuration	5200640000	JPY
Cost of sales	Prior1YearDuration	2106113000	JPY
Cost of sales	CurrentYearDuration	2736942000	JPY
Gross profit	Prior1YearDuration	1980288000	JPY
Gross profit	CurrentYearDuration	2463698000	JPY
Selling general and administrative expenses	Prior1YearDuration	1627645000	JPY
Selling general and administrative expenses	CurrentYearDuration	2043975000	JPY
Operating income	Prior1YearDuration	352642000	JPY
Operating income	CurrentYearDuration	419722000	JPY
Interest and dividends income noi	Prior1YearDuration	9292000	JPY
Interest and dividends income noi	CurrentYearDuration	10067000	JPY
Subsidy income noi	Prior1YearDuration	6104000	JPY
Subsidy income noi	CurrentYearDuration	5171000	JPY
Foreign exchange gains noi	Prior1YearDuration	14527000	JPY
Foreign exchange gains noi	CurrentYearDuration	27945000	JPY
Gain on investments in partnership noi	Prior1YearDuration	1695000	JPY
Gain on investments in partnership noi	CurrentYearDuration	－	JPY
Other noi	Prior1YearDuration	1594000	JPY
Other noi	CurrentYearDuration	2753000	JPY
Non operating income	Prior1YearDuration	33213000	JPY
Non operating income	CurrentYearDuration	45936000	JPY
Interest expenses noe	Prior1YearDuration	577000	JPY
Interest expenses noe	CurrentYearDuration	886000	JPY
Loss on investments in partnership noe	Prior1YearDuration	－	JPY
Loss on investments in partnership noe	CurrentYearDuration	6557000	JPY
Other noe	Prior1YearDuration	77000	JPY
Other noe	CurrentYearDuration	38000	JPY
Non operating expenses	Prior1YearDuration	654000	JPY
Non operating expenses	CurrentYearDuration	7483000	JPY
Ordinary income	Prior1YearDuration	385201000	JPY
Ordinary income	CurrentYearDuration	458176000	JPY
Loss on retirement of noncurrent assets el	Prior1YearDuration	0	JPY
Loss on retirement of noncurrent assets el	CurrentYearDuration	7000	JPY
Extraordinary loss	Prior1YearDuration	0	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 2021-12-31	pass rounding
balance sheet identity	consolidated 2022-12-31	pass rounding
balance sheet identity	non_consolidated 2021-12-31	pass
balance sheet identity	non_consolidated 2022-12-31	pass rounding
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2020-12-31	pass
statement vs summary · net assets	consolidated 2021-12-31	pass
statement vs summary · net assets	consolidated 2022-12-31	pass
statement vs summary · net assets	non_consolidated 2020-12-31	pass
statement vs summary · net assets	non_consolidated 2021-12-31	pass
statement vs summary · net assets	non_consolidated 2022-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2021-01-01/2021-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · operating cash flow	consolidated 2021-01-01/2021-12-31	pass
statement vs summary · operating cash flow	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · revenue	consolidated 2021-01-01/2021-12-31	pass
statement vs summary · revenue	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · revenue	non_consolidated 2021-01-01/2021-12-31	pass
statement vs summary · revenue	non_consolidated 2022-01-01/2022-12-31	pass
statement vs summary · total assets	consolidated 2021-12-31	pass
statement vs summary · total assets	consolidated 2022-12-31	pass
statement vs summary · total assets	non_consolidated 2021-12-31	pass
statement vs summary · total assets	non_consolidated 2022-12-31	pass