Annual report

Period2025-01-01 → 2025-12-31
Filed2026-03-27
StandardJapan GAAP
ConsolidatedNo
Data checks13 of 13 passed
Key figures · 102
MetricValuePeriodScopeSource row
Revenue¥843m2025-01-01 → 2025-12-31StandaloneNet sales
Revenue¥868m2024-01-01 → 2024-12-31StandaloneNet sales
Revenue¥958m2023-01-01 → 2023-12-31vStandaloneNet sales (5-year summary)
Revenue¥924m2022-01-01 → 2022-12-31vStandaloneNet sales (5-year summary)
Revenue¥1.2bn2022-01-01 → 2022-12-31vStandaloneNet sales (5-year summary)
Revenue¥1.3bn2021-01-01 → 2021-12-31dStandaloneNet sales (5-year summary)
Revenue¥1.3bn2021-01-01 → 2021-12-31dStandaloneNet sales (5-year summary)
Operating income¥4m2025-01-01 → 2025-12-31StandaloneOperating income
Operating income−¥94m2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income¥5m2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income−¥93m2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income−¥774m2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥74m2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥230m2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥239m2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥322m2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax−¥12m2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax−¥456m2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income (owners)−¥2.9bn2022-01-01 → 2022-12-31vStandaloneProfit loss attributable to owners of parent (5-year summary)
Net income (owners)¥3.8bn2021-01-01 → 2021-12-31dStandaloneProfit loss attributable to owners of parent (5-year summary)
Net income−¥8m2025-01-01 → 2025-12-31StandaloneProfit loss
Net income−¥298m2024-01-01 → 2024-12-31StandaloneProfit loss
Net income−¥1.8bn2023-01-01 → 2023-12-31vStandaloneNet income loss (5-year summary)
Net income−¥2.8bn2022-01-01 → 2022-12-31vStandaloneNet income loss (5-year summary)
Net income¥3.1bn2021-01-01 → 2021-12-31dStandaloneNet income loss (5-year summary)
Total assets¥2.7bnat 2025-12-31StandaloneAssets
Total assets¥1.8bnat 2024-12-31StandaloneAssets
Total assets¥1.9bnat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥3.7bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥3.8bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥5.4bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total assets¥5.4bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥1.5bnat 2025-12-31StandaloneLiabilities
Total liabilities¥1.5bnat 2024-12-31StandaloneLiabilities
Net assets / equity¥1.1bnat 2025-12-31StandaloneNet assets
Net assets / equity¥237mat 2024-12-31StandaloneNet assets
Net assets / equity¥53mat 2023-12-31vStandaloneNet assets
Net assets / equity¥1.9bnat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥2.1bnat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥3.6bnat 2021-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥228mat 2025-12-31StandaloneCash and deposits
Cash and deposits¥203mat 2024-12-31StandaloneCash and deposits
Cash & equivalents¥192mat 2025-12-31StandaloneCash and cash equivalents
Cash & equivalents¥167mat 2024-12-31StandaloneCash and cash equivalents
Cash & equivalents¥219mat 2023-12-31vStandaloneCash and cash equivalents
Cash & equivalents¥263mat 2022-12-31vStandaloneCash and cash equivalents (5-year summary)
Cash & equivalents¥296mat 2021-12-31dStandaloneCash and cash equivalents (5-year summary)
Operating cash flow¥33m2025-01-01 → 2025-12-31StandaloneNet cash provided by used in operating activities
Operating cash flow−¥40m2024-01-01 → 2024-12-31StandaloneNet cash provided by used in operating activities
Operating cash flow−¥40m2023-01-01 → 2023-12-31vStandaloneNet cash provided by used in operating activities (5-year summary)
Operating cash flow¥171m2022-01-01 → 2022-12-31vStandaloneNet cash provided by used in operating activities (5-year summary)
Operating cash flow¥322m2021-01-01 → 2021-12-31dStandaloneNet cash provided by used in operating activities (5-year summary)
Investing cash flow−¥8m2025-01-01 → 2025-12-31StandaloneNet cash provided by used in investment activities
Investing cash flow¥90m2024-01-01 → 2024-12-31StandaloneNet cash provided by used in investment activities
Investing cash flow¥73m2023-01-01 → 2023-12-31vStandaloneNet cash provided by used in investing activities (5-year summary)
Investing cash flow−¥40m2022-01-01 → 2022-12-31vStandaloneNet cash provided by used in investing activities (5-year summary)
Investing cash flow¥45m2021-01-01 → 2021-12-31dStandaloneNet cash provided by used in investing activities (5-year summary)
Financing cash flow−¥102m2024-01-01 → 2024-12-31StandaloneNet cash provided by used in financing activities
Financing cash flow−¥78m2023-01-01 → 2023-12-31vStandaloneNet cash provided by used in financing activities (5-year summary)
Financing cash flow−¥164m2022-01-01 → 2022-12-31vStandaloneNet cash provided by used in financing activities (5-year summary)
Financing cash flow−¥222m2021-01-01 → 2021-12-31dStandaloneNet cash provided by used in financing activities (5-year summary)
EPS (basic)¥-0.182025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-6.492024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-39.892023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-63.342022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-60.352022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥83.212021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥68.472021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥832021-01-01 → 2021-12-31dStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥68.32021-01-01 → 2021-12-31dStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥32022-01-01 → 2022-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥32021-01-01 → 2021-12-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥24.55at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥5.03at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1.1at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥41.68at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥44.67at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥79.12at 2021-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio42.1%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio13.0%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio2.7%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio51.9%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio53.7%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio67.1%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio67.2%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE-1.2%2025-01-01 → 2025-12-31StandaloneRate of return on equity (5-year summary)
ROE-211.7%2024-01-01 → 2024-12-31StandaloneRate of return on equity (5-year summary)
ROE-174.3%2023-01-01 → 2023-12-31vStandaloneRate of return on equity (5-year summary)
ROE-104.9%2022-01-01 → 2022-12-31vStandaloneRate of return on equity (5-year summary)
ROE-97.5%2022-01-01 → 2022-12-31vStandaloneRate of return on equity (5-year summary)
ROE155.6%2021-01-01 → 2021-12-31dStandaloneRate of return on equity (5-year summary)
ROE112.5%2021-01-01 → 2021-12-31dStandaloneRate of return on equity (5-year summary)
Shares issued45,908,222at 2025-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued45,908,222at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued45,908,222at 2023-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued45,908,222at 2022-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued45,776,722at 2021-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees24at 2025-12-31StandaloneNumber of employees
Employees26at 2024-12-31StandaloneNumber of employees
Employees32at 2023-12-31vStandaloneNumber of employees
Employees29at 2022-12-31vStandaloneNumber of employees
Employees32at 2021-12-31dStandaloneNumber 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 · 64
SegmentItemPeriodValue
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment profit2025-01-01 → 2025-12-31−¥40,000
Reconciling Itemsreconcilingcapex2025-01-01 → 2025-12-31¥297,000
Reconciling Itemsreconcilingdepreciation2025-01-01 → 2025-12-31¥340,000
Reconciling Itemsreconcilingsegment assetsat 2025-12-31¥2.6bn
Reconciling Itemsreconcilingsegment profit2025-01-01 → 2025-12-31−¥290m
Ad Agency Businessreportable segmentemployeesat 2025-12-313 pure
Ad Agency Businessreportable segmentrevenue2025-01-01 → 2025-12-31¥51m
Ad Agency Businessreportable segmentrevenue external2025-01-01 → 2025-12-31¥51m
Ad Agency Businessreportable segmentsegment profit2025-01-01 → 2025-12-31¥7m
Crypto Currency Blockchain Businessreportable segmentrevenue2025-01-01 → 2025-12-31¥3m
Crypto Currency Blockchain Businessreportable segmentrevenue external2025-01-01 → 2025-12-31¥3m
Crypto Currency Blockchain Businessreportable segmentsegment assetsat 2025-12-31¥20,000
Crypto Currency Blockchain Businessreportable segmentsegment profit2025-01-01 → 2025-12-31¥3m
Information Servicereportable segmentcapex2025-01-01 → 2025-12-31¥149,000
Information Servicereportable segmentdepreciation2025-01-01 → 2025-12-31¥49,000
Information Servicereportable segmentemployeesat 2025-12-3117 pure
Information Servicereportable segmentrevenue2025-01-01 → 2025-12-31¥788m
Information Servicereportable segmentrevenue external2025-01-01 → 2025-12-31¥788m
Information Servicereportable segmentsegment assetsat 2025-12-31¥106m
Information Servicereportable segmentsegment profit2025-01-01 → 2025-12-31¥285m
—segment totalcapex2025-01-01 → 2025-12-31¥149,000
—segment totaldepreciation2025-01-01 → 2025-12-31¥49,000
—segment totalrevenue2025-01-01 → 2025-12-31¥843m
—segment totalrevenue external2025-01-01 → 2025-12-31¥843m
—segment totalsegment assetsat 2025-12-31¥106m
—segment totalsegment profit2025-01-01 → 2025-12-31¥295m
Total Of Reportable Segments And Otherssegment totalcapex2025-01-01 → 2025-12-31¥149,000
Total Of Reportable Segments And Otherssegment totaldepreciation2025-01-01 → 2025-12-31¥49,000
Total Of Reportable Segments And Otherssegment totalrevenue2025-01-01 → 2025-12-31¥843m
Total Of Reportable Segments And Otherssegment totalrevenue external2025-01-01 → 2025-12-31¥843m
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2025-12-31¥106m
Total Of Reportable Segments And Otherssegment totalsegment profit2025-01-01 → 2025-12-31¥295m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue2024-01-01 → 2024-12-31¥20m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue external2024-01-01 → 2024-12-31¥20m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment profit2024-01-01 → 2024-12-31¥7m
Reconciling Itemsreconcilingcapex2024-01-01 → 2024-12-31¥1m
Reconciling Itemsreconcilingdepreciation2024-01-01 → 2024-12-31¥40,000
Reconciling Itemsreconcilingsegment assetsat 2024-12-31¥1.6bn
Reconciling Itemsreconcilingsegment profit2024-01-01 → 2024-12-31−¥263m
Ad Agency Businessreportable segmentrevenue2024-01-01 → 2024-12-31¥38m
Ad Agency Businessreportable segmentrevenue external2024-01-01 → 2024-12-31¥38m
Ad Agency Businessreportable segmentsegment profit2024-01-01 → 2024-12-31−¥8m
Crypto Currency Blockchain Businessreportable segmentrevenue2024-01-01 → 2024-12-31¥3m
Crypto Currency Blockchain Businessreportable segmentrevenue external2024-01-01 → 2024-12-31¥3m
Crypto Currency Blockchain Businessreportable segmentsegment assetsat 2024-12-31¥32m
Crypto Currency Blockchain Businessreportable segmentsegment profit2024-01-01 → 2024-12-31−¥36m
Information Servicereportable segmentcapex2024-01-01 → 2024-12-31¥36m
Information Servicereportable segmentdepreciation2024-01-01 → 2024-12-31¥2m
Information Servicereportable segmentrevenue2024-01-01 → 2024-12-31¥807m
Information Servicereportable segmentrevenue external2024-01-01 → 2024-12-31¥807m
Information Servicereportable segmentsegment assetsat 2024-12-31¥125m
Information Servicereportable segmentsegment profit2024-01-01 → 2024-12-31¥206m
—segment totalcapex2024-01-01 → 2024-12-31¥36m
—segment totaldepreciation2024-01-01 → 2024-12-31¥2m
—segment totalrevenue2024-01-01 → 2024-12-31¥848m
—segment totalrevenue external2024-01-01 → 2024-12-31¥848m
—segment totalsegment assetsat 2024-12-31¥158m
—segment totalsegment profit2024-01-01 → 2024-12-31¥162m
Total Of Reportable Segments And Otherssegment totalcapex2024-01-01 → 2024-12-31¥36m
Total Of Reportable Segments And Otherssegment totaldepreciation2024-01-01 → 2024-12-31¥2m
Total Of Reportable Segments And Otherssegment totalrevenue2024-01-01 → 2024-12-31¥868m
Total Of Reportable Segments And Otherssegment totalrevenue external2024-01-01 → 2024-12-31¥868m
Total Of Reportable Segments And Otherssegment totalsegment assetsat 2024-12-31¥158m
Total Of Reportable Segments And Otherssegment totalsegment profit2024-01-01 → 2024-12-31¥169m

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

All source rows · 1,097
ItemContextValueUnit
Number of shareholders national and local governmentsCurrentYearInstant_OrdinaryShareMember-
Number of shareholders financial institutionsCurrentYearInstant_OrdinaryShareMember1
Number of shareholders financial service providersCurrentYearInstant_OrdinaryShareMember19
Number of shareholders other corporationsCurrentYearInstant_OrdinaryShareMember68
Number of shareholders foreign investors other than individualsCurrentYearInstant_OrdinaryShareMember24
Number of shareholders foreign individual investorsCurrentYearInstant_OrdinaryShareMember79
Number of shareholders individuals and othersCurrentYearInstant_OrdinaryShareMember18442
Number of shareholders totalCurrentYearInstant_OrdinaryShareMember18633
Number of shares held number of units national and local governmentsCurrentYearInstant_OrdinaryShareMember-
Number of shares held number of units financial institutionsCurrentYearInstant_OrdinaryShareMember381
Number of shares held number of units financial service providersCurrentYearInstant_OrdinaryShareMember10660
Number of shares held number of units other corporationsCurrentYearInstant_OrdinaryShareMember245778
Number of shares held number of units foreign investors other than individualsCurrentYearInstant_OrdinaryShareMember9346
Number of shares held number of units foreign individual investorsCurrentYearInstant_OrdinaryShareMember1519
Number of shares held number of units individuals and othersCurrentYearInstant_OrdinaryShareMember191198
Number of shares held number of units totalCurrentYearInstant_OrdinaryShareMember458882
Number of shares held shares less than one unitCurrentYearInstant_OrdinaryShareMember20022
Percentage of shareholdings national and local governmentsCurrentYearInstant_OrdinaryShareMember-
Percentage of shareholdings financial institutionsCurrentYearInstant_OrdinaryShareMember0.0008
Percentage of shareholdings financial service providersCurrentYearInstant_OrdinaryShareMember0.0232
Percentage of shareholdings other corporationsCurrentYearInstant_OrdinaryShareMember0.5356
Percentage of shareholdings foreigners other than individualsCurrentYearInstant_OrdinaryShareMember0.0204
Percentage of shareholdings foreign individualsCurrentYearInstant_OrdinaryShareMember0.0033
Percentage of shareholdings individuals and othersCurrentYearInstant_OrdinaryShareMember0.4167
Number of shares heldCurrentYearInstant_No1MajorShareholdersMember14439900
Shareholding ratioCurrentYearInstant_No1MajorShareholdersMember0.3152
Number of shares heldCurrentYearInstant_No2MajorShareholdersMember3905700
Shareholding ratioCurrentYearInstant_No2MajorShareholdersMember0.0852
Number of shares heldCurrentYearInstant_No3MajorShareholdersMember2881300
Shareholding ratioCurrentYearInstant_No3MajorShareholdersMember0.0629
Number of shares heldCurrentYearInstant_No4MajorShareholdersMember1250000
Shareholding ratioCurrentYearInstant_No4MajorShareholdersMember0.0273
Number of shares heldCurrentYearInstant_No5MajorShareholdersMember788000
Shareholding ratioCurrentYearInstant_No5MajorShareholdersMember0.0172
Number of shares heldCurrentYearInstant_No6MajorShareholdersMember679500
Shareholding ratioCurrentYearInstant_No6MajorShareholdersMember0.0148
Number of shares heldCurrentYearInstant_No7MajorShareholdersMember550000
Shareholding ratioCurrentYearInstant_No7MajorShareholdersMember0.0120
Number of shares heldCurrentYearInstant_No8MajorShareholdersMember334500
Shareholding ratioCurrentYearInstant_No8MajorShareholdersMember0.0073
Number of shares heldCurrentYearInstant_No9MajorShareholdersMember318000
Shareholding ratioCurrentYearInstant_No9MajorShareholdersMember0.0069
Number of shares heldCurrentYearInstant_No10MajorShareholdersMember303100
Shareholding ratioCurrentYearInstant_No10MajorShareholdersMember0.0066
Number of shares heldCurrentYearInstant25450000
Shareholding ratioCurrentYearInstant0.5555
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithNoVotingRightsMember-
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsTreasurySharesEtcMember-
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember-
Number of voting rights issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember-

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 · 13 of 13 passed
balance sheet identitynon_consolidated 2024-12-31pass
balance sheet identitynon_consolidated 2025-12-31pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsnon_consolidated 2023-12-31pass
statement vs summary · net assetsnon_consolidated 2024-12-31pass
statement vs summary · net assetsnon_consolidated 2025-12-31pass
statement vs summary · operating cash flownon_consolidated 2024-01-01/2024-12-31pass
statement vs summary · operating cash flownon_consolidated 2025-01-01/2025-12-31pass
statement vs summary · revenuenon_consolidated 2024-01-01/2024-12-31pass
statement vs summary · revenuenon_consolidated 2025-01-01/2025-12-31pass
statement vs summary · total assetsnon_consolidated 2024-12-31pass
statement vs summary · total assetsnon_consolidated 2025-12-31pass