Annual report

Period2021-01-01 → 2021-12-31

Filed2026-03-19

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Amends S100NSMT. Amended by S100XSC1 (2026-03-19).

Key figures · 158

Metric	Value	Period	Scope	Source row
Revenue	¥104.6bn	2021-01-01 → 2021-12-31	Cons.	Net sales
Revenue	¥98.8bn	2020-01-01 → 2020-12-31	Cons.	Net sales
Revenue	¥101.4bn	2019-01-01 → 2019-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥92.1bn	2018-01-01 → 2018-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥92.3bn	2017-01-01 → 2017-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥32.8bn	2021-01-01 → 2021-12-31	Cons.	Operating income
Operating income	¥30.2bn	2020-01-01 → 2020-12-31	Cons.	Operating income
Ordinary income	¥33.6bn	2021-01-01 → 2021-12-31	Cons.	Ordinary income
Ordinary income	¥30.2bn	2020-01-01 → 2020-12-31	Cons.	Ordinary income
Ordinary income	¥28.6bn	2019-01-01 → 2019-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥26.7bn	2018-01-01 → 2018-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥34.4bn	2017-01-01 → 2017-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥36.7bn	2021-01-01 → 2021-12-31	Cons.	Income before income taxes
Profit before tax	¥26.8bn	2020-01-01 → 2020-12-31	Cons.	Income before income taxes
Net income (owners)	¥22.9bn	2021-01-01 → 2021-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥16.4bn	2020-01-01 → 2020-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥18.1bn	2019-01-01 → 2019-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥16.6bn	2018-01-01 → 2018-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥22.4bn	2017-01-01 → 2017-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥25.5bn	2021-01-01 → 2021-12-31	Cons.	Profit loss
Net income	¥18.2bn	2020-01-01 → 2020-12-31	Cons.	Profit loss
Total assets	¥134.9bn	at 2021-12-31	Cons.	Assets
Total assets	¥122.3bn	at 2020-12-31	Cons.	Assets
Total assets	¥105.0bn	at 2019-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥96.0bn	at 2018-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥78.1bn	at 2017-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥16.3bn	at 2021-12-31	Cons.	Liabilities
Total liabilities	¥17.5bn	at 2020-12-31	Cons.	Liabilities
Net assets / equity	¥118.7bn	at 2021-12-31	Cons.	Net assets
Net assets / equity	¥104.7bn	at 2020-12-31	Cons.	Net assets
Net assets / equity	¥90.8bn	at 2019-12-31^d	Cons.	Net assets
Net assets / equity	¥78.1bn	at 2018-12-31^d	Cons.	Net assets (5-year summary)
Net assets / equity	¥62.4bn	at 2017-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥115.0bn	at 2021-12-31	Cons.	Cash and deposits
Cash and deposits	¥102.7bn	at 2020-12-31	Cons.	Cash and deposits
Cash & equivalents	¥102.1bn	at 2021-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥96.0bn	at 2020-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥82.8bn	at 2019-12-31^d	Cons.	Cash and cash equivalents
Cash & equivalents	¥73.7bn	at 2018-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥55.8bn	at 2017-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥23.7bn	2021-01-01 → 2021-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥24.2bn	2020-01-01 → 2020-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥23.6bn	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥21.9bn	2018-01-01 → 2018-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥26.7bn	2017-01-01 → 2017-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥5.4bn	2021-01-01 → 2021-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥6.5bn	2020-01-01 → 2020-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥7.1bn	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥1.4bn	2018-01-01 → 2018-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥1.4bn	2017-01-01 → 2017-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥12.4bn	2021-01-01 → 2021-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥4.7bn	2020-01-01 → 2020-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥7.1bn	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥2.2bn	2018-01-01 → 2018-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥2.8bn	2017-01-01 → 2017-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥341.44	2021-01-01 → 2021-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥239.94	2020-01-01 → 2020-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥258.04	2019-01-01 → 2019-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥233.17	2018-01-01 → 2018-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥314.92	2017-01-01 → 2017-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥339.35	2021-01-01 → 2021-12-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥238.7	2020-01-01 → 2020-12-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥256.97	2019-01-01 → 2019-12-31^d	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥232.21	2018-01-01 → 2018-12-31^d	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥313.93	2017-01-01 → 2017-12-31^d	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥1,681.71	at 2021-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,422.35	at 2020-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,218.59	at 2019-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,035.9	at 2018-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥834.29	at 2017-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	79.6%	at 2021-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	78.9%	at 2020-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	80.9%	at 2019-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	76.7%	at 2018-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	76.0%	at 2017-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	22.4%	2021-01-01 → 2021-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	18.0%	2020-01-01 → 2020-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	22.9%	2019-01-01 → 2019-12-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	24.9%	2018-01-01 → 2018-12-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	45.6%	2017-01-01 → 2017-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	1,391	at 2021-12-31	Cons.	Number of employees
Employees	1,335	at 2020-12-31	Cons.	Number of employees
Employees	1,252	at 2019-12-31^d	Cons.	Number of employees
Employees	1,152	at 2018-12-31^d	Cons.	Number of employees
Employees	1,043	at 2017-12-31^d	Cons.	Number of employees
Revenue	¥66.6bn	2021-01-01 → 2021-12-31	Standalone	Net sales
Revenue	¥62.6bn	2020-01-01 → 2020-12-31	Standalone	Net sales
Revenue	¥67.9bn	2019-01-01 → 2019-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥62.3bn	2018-01-01 → 2018-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥76.6bn	2017-01-01 → 2017-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥23.3bn	2021-01-01 → 2021-12-31	Standalone	Operating income
Operating income	¥23.1bn	2020-01-01 → 2020-12-31	Standalone	Operating income
Ordinary income	¥23.8bn	2021-01-01 → 2021-12-31	Standalone	Ordinary income
Ordinary income	¥23.2bn	2020-01-01 → 2020-12-31	Standalone	Ordinary income
Ordinary income	¥24.3bn	2019-01-01 → 2019-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥24.0bn	2018-01-01 → 2018-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥34.0bn	2017-01-01 → 2017-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥26.7bn	2021-01-01 → 2021-12-31	Standalone	Income before income taxes
Profit before tax	¥18.6bn	2020-01-01 → 2020-12-31	Standalone	Income before income taxes
Net income	¥18.5bn	2021-01-01 → 2021-12-31	Standalone	Profit loss
Net income	¥12.8bn	2020-01-01 → 2020-12-31	Standalone	Profit loss
Net income	¥16.4bn	2019-01-01 → 2019-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥15.4bn	2018-01-01 → 2018-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥19.7bn	2017-01-01 → 2017-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥107.1bn	at 2021-12-31	Standalone	Assets
Total assets	¥100.2bn	at 2020-12-31	Standalone	Assets
Total assets	¥92.4bn	at 2019-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥81.9bn	at 2018-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥68.5bn	at 2017-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥8.1bn	at 2021-12-31	Standalone	Liabilities
Total liabilities	¥7.7bn	at 2020-12-31	Standalone	Liabilities
Net assets / equity	¥99.0bn	at 2021-12-31	Standalone	Net assets
Net assets / equity	¥92.5bn	at 2020-12-31	Standalone	Net assets
Net assets / equity	¥84.6bn	at 2019-12-31^d	Standalone	Net assets
Net assets / equity	¥75.0bn	at 2018-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥61.6bn	at 2017-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥90.8bn	at 2021-12-31	Standalone	Cash and deposits
Cash and deposits	¥83.7bn	at 2020-12-31	Standalone	Cash and deposits
EPS (basic)	¥276.47	2021-01-01 → 2021-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥187.86	2020-01-01 → 2020-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥233.09	2019-01-01 → 2019-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥215.82	2018-01-01 → 2018-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥276.61	2017-01-01 → 2017-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥274.78	2021-01-01 → 2021-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥186.89	2020-01-01 → 2020-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥232.12	2019-01-01 → 2019-12-31^d	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥214.94	2018-01-01 → 2018-12-31^d	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥275.74	2017-01-01 → 2017-12-31^d	Standalone	Diluted earnings per share (5-year summary)
Dividend per share	¥60	2021-01-01 → 2021-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥30	2020-01-01 → 2020-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥30	2019-01-01 → 2019-12-31^d	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥3	2018-01-01 → 2018-12-31^d	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥3	2017-01-01 → 2017-12-31^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥1,534.56	at 2021-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,348.22	at 2020-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,201.76	at 2019-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,042.17	at 2018-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥855.64	at 2017-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	91.5%	at 2021-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	91.4%	at 2020-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	90.6%	at 2019-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	90.6%	at 2018-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	88.8%	at 2017-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	19.6%	2021-01-01 → 2021-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	14.6%	2020-01-01 → 2020-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	20.8%	2019-01-01 → 2019-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	22.7%	2018-01-01 → 2018-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	37.8%	2017-01-01 → 2017-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	91,199,116	at 2021-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	95,210,316	at 2020-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	95,210,316	at 2019-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	952,103,160	at 2018-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	952,103,160	at 2017-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	413	at 2021-12-31	Standalone	Number of employees
Employees	404	at 2020-12-31	Standalone	Number of employees
Employees	395	at 2019-12-31^d	Standalone	Number of employees
Employees	394	at 2018-12-31^d	Standalone	Number of employees
Employees	385	at 2017-12-31^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 · 1,273

Item	Context	Value	Unit
Long term loans payable	CurrentYearInstant	315000000	JPY
Net defined benefit liability	Prior1YearInstant	－	JPY
Net defined benefit liability	CurrentYearInstant	3000000	JPY
Other ncl	Prior1YearInstant	913000000	JPY
Other ncl	CurrentYearInstant	1045000000	JPY
Noncurrent liabilities	Prior1YearInstant	1330000000	JPY
Noncurrent liabilities	CurrentYearInstant	1364000000	JPY
Liabilities	Prior1YearInstant	17530000000	JPY
Liabilities	CurrentYearInstant	16258000000	JPY
Capital stock	Prior1YearInstant	5338000000	JPY
Capital stock	CurrentYearInstant	5338000000	JPY
Capital surplus	Prior1YearInstant	5487000000	JPY
Capital surplus	CurrentYearInstant	5487000000	JPY
Retained earnings	Prior1YearInstant	173321000000	JPY
Retained earnings	CurrentYearInstant	181675000000	JPY
Treasury stock	Prior1YearInstant	-87646000000	JPY
Treasury stock	CurrentYearInstant	-85172000000	JPY
Shareholders equity	Prior1YearInstant	96500000000	JPY
Shareholders equity	CurrentYearInstant	107329000000	JPY
Valuation difference on available for sale securities	Prior1YearInstant	－	JPY
Valuation difference on available for sale securities	CurrentYearInstant	0	JPY
Foreign currency translation adjustment	Prior1YearInstant	21000000	JPY
Foreign currency translation adjustment	CurrentYearInstant	31000000	JPY
Valuation and translation adjustments	Prior1YearInstant	21000000	JPY
Valuation and translation adjustments	CurrentYearInstant	31000000	JPY
Subscription rights to shares	Prior1YearInstant	988000000	JPY
Subscription rights to shares	CurrentYearInstant	1039000000	JPY
Non controlling interests	Prior1YearInstant	7216000000	JPY
Non controlling interests	CurrentYearInstant	10272000000	JPY
Net assets	Prior1YearInstant	104727000000	JPY
Net assets	CurrentYearInstant	118672000000	JPY
Liabilities and net assets	Prior1YearInstant	122257000000	JPY
Liabilities and net assets	CurrentYearInstant	134930000000	JPY
Net sales	Prior1YearDuration	98844000000	JPY
Net sales	CurrentYearDuration	104626000000	JPY
Cost of sales	Prior1YearDuration	43490000000	JPY
Cost of sales	CurrentYearDuration	43566000000	JPY
Gross profit	Prior1YearDuration	55354000000	JPY
Gross profit	CurrentYearDuration	61059000000	JPY
Selling general and administrative expenses	Prior1YearDuration	25196000000	JPY
Selling general and administrative expenses	CurrentYearDuration	28256000000	JPY
Operating income	Prior1YearDuration	30157000000	JPY
Operating income	CurrentYearDuration	32802000000	JPY
Interest income noi	Prior1YearDuration	100000000	JPY
Interest income noi	CurrentYearDuration	135000000	JPY
Foreign exchange gains noi	Prior1YearDuration	－	JPY
Foreign exchange gains noi	CurrentYearDuration	606000000	JPY
Subsidy income noi bounty	Prior1YearDuration	256000000	JPY
Subsidy income noi bounty	CurrentYearDuration	108000000	JPY
Other noi	Prior1YearDuration	73000000	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 2020-12-31	pass
balance sheet identity	consolidated 2021-12-31	pass
balance sheet identity	non_consolidated 2020-12-31	pass rounding
balance sheet identity	non_consolidated 2021-12-31	pass rounding
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2019-12-31	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	non_consolidated 2019-12-31	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 income attributable to parent	consolidated 2020-01-01/2020-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2021-01-01/2021-12-31	pass
statement vs summary · operating cash flow	consolidated 2020-01-01/2020-12-31	pass
statement vs summary · operating cash flow	consolidated 2021-01-01/2021-12-31	pass
statement vs summary · revenue	consolidated 2020-01-01/2020-12-31	pass
statement vs summary · revenue	consolidated 2021-01-01/2021-12-31	pass
statement vs summary · revenue	non_consolidated 2020-01-01/2020-12-31	pass
statement vs summary · revenue	non_consolidated 2021-01-01/2021-12-31	pass
statement vs summary · total assets	consolidated 2020-12-31	pass
statement vs summary · total assets	consolidated 2021-12-31	pass
statement vs summary · total assets	non_consolidated 2020-12-31	pass
statement vs summary · total assets	non_consolidated 2021-12-31	pass