Annual report

Period2025-01-01 → 2025-12-31

Filed2026-03-24

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 146

Metric	Value	Period	Scope	Source row
Revenue	¥6.5bn	2025-01-01 → 2025-12-31	Cons.	Net sales
Revenue	¥5.9bn	2024-01-01 → 2024-12-31	Cons.	Net sales
Revenue	¥6.4bn	2023-01-01 → 2023-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥6.1bn	2022-01-01 → 2022-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥5.7bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥349m	2025-01-01 → 2025-12-31	Cons.	Operating income
Operating income	¥4m	2024-01-01 → 2024-12-31	Cons.	Operating income
Ordinary income	¥361m	2025-01-01 → 2025-12-31	Cons.	Ordinary income
Ordinary income	−¥510m	2024-01-01 → 2024-12-31	Cons.	Ordinary income
Ordinary income	¥1.7bn	2023-01-01 → 2023-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥1.8bn	2022-01-01 → 2022-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥1.6bn	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥66m	2025-01-01 → 2025-12-31	Cons.	Income before income taxes
Profit before tax	−¥727m	2024-01-01 → 2024-12-31	Cons.	Income before income taxes
Net income (owners)	¥280m	2025-01-01 → 2025-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥791m	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥979m	2023-01-01 → 2023-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥871m	2022-01-01 → 2022-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥1.1bn	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥276m	2025-01-01 → 2025-12-31	Cons.	Profit loss
Net income	−¥803m	2024-01-01 → 2024-12-31	Cons.	Profit loss
Total assets	¥4.8bn	at 2025-12-31	Cons.	Assets
Total assets	¥4.7bn	at 2024-12-31	Cons.	Assets
Total assets	¥6.2bn	at 2023-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥4.9bn	at 2022-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥5.5bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥1.7bn	at 2025-12-31	Cons.	Liabilities
Total liabilities	¥1.6bn	at 2024-12-31	Cons.	Liabilities
Net assets / equity	¥3.1bn	at 2025-12-31	Cons.	Net assets
Net assets / equity	¥3.2bn	at 2024-12-31	Cons.	Net assets
Net assets / equity	¥4.3bn	at 2023-12-31^v	Cons.	Net assets
Net assets / equity	¥3.6bn	at 2022-12-31^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥4.2bn	at 2021-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥1.7bn	at 2025-12-31	Cons.	Cash and deposits
Cash and deposits	¥1.3bn	at 2024-12-31	Cons.	Cash and deposits
Cash & equivalents	¥1.7bn	at 2025-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥1.3bn	at 2024-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥3.2bn	at 2023-12-31^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥2.3bn	at 2022-12-31^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥3.2bn	at 2021-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥782m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥878m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥1.6bn	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥911m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥1.1bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥97m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥593m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥438m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥869m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥27m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥319m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥400m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥225m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥979m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥1.0bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥7.4	2025-01-01 → 2025-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-20.73	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥25.63	2023-01-01 → 2023-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥22.77	2022-01-01 → 2022-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥27.74	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥22.76	2022-01-01 → 2022-12-31^v	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥81.24	at 2025-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥81.71	at 2024-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥111.21	at 2023-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥92.04	at 2022-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥106.69	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	64.4%	at 2025-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	65.1%	at 2024-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	68.3%	at 2023-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	71.8%	at 2022-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	75.1%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	9.1%	2025-01-01 → 2025-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	25.2%	2023-01-01 → 2023-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	24.2%	2022-01-01 → 2022-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	26.3%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	336	at 2025-12-31	Cons.	Number of employees
Employees	315	at 2024-12-31	Cons.	Number of employees
Employees	262	at 2023-12-31^v	Cons.	Number of employees
Employees	257	at 2022-12-31^v	Cons.	Number of employees
Employees	245	at 2021-12-31^d	Cons.	Number of employees
Revenue	¥5.9bn	2025-01-01 → 2025-12-31	Standalone	Net sales
Revenue	¥5.2bn	2024-01-01 → 2024-12-31	Standalone	Net sales
Revenue	¥5.6bn	2023-01-01 → 2023-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥5.1bn	2022-01-01 → 2022-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥4.7bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥351m	2025-01-01 → 2025-12-31	Standalone	Operating income
Operating income	¥181m	2024-01-01 → 2024-12-31	Standalone	Operating income
Ordinary income	¥361m	2025-01-01 → 2025-12-31	Standalone	Ordinary income
Ordinary income	¥185m	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	¥1.9bn	2023-01-01 → 2023-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥1.7bn	2022-01-01 → 2022-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥1.5bn	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥46m	2025-01-01 → 2025-12-31	Standalone	Income before income taxes
Profit before tax	−¥757m	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Net income	¥265m	2025-01-01 → 2025-12-31	Standalone	Profit loss
Net income	−¥822m	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	¥1.0bn	2023-01-01 → 2023-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥832m	2022-01-01 → 2022-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥1.0bn	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥4.5bn	at 2025-12-31	Standalone	Assets
Total assets	¥4.5bn	at 2024-12-31	Standalone	Assets
Total assets	¥6.0bn	at 2023-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥4.6bn	at 2022-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥5.3bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥1.4bn	at 2025-12-31	Standalone	Liabilities
Total liabilities	¥1.4bn	at 2024-12-31	Standalone	Liabilities
Net assets / equity	¥3.1bn	at 2025-12-31	Standalone	Net assets
Net assets / equity	¥3.1bn	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥4.3bn	at 2023-12-31^v	Standalone	Net assets
Net assets / equity	¥3.5bn	at 2022-12-31^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥4.3bn	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥1.5bn	at 2025-12-31	Standalone	Cash and deposits
Cash and deposits	¥983m	at 2024-12-31	Standalone	Cash and deposits
EPS (basic)	¥6.99	2025-01-01 → 2025-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-21.55	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥26.25	2023-01-01 → 2023-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥21.76	2022-01-01 → 2022-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥26.76	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
Dividend per share	¥6.5	2024-01-01 → 2024-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥6.5	2023-01-01 → 2023-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥6	2022-01-01 → 2022-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥5.6	2021-01-01 → 2021-12-31^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥81.85	at 2025-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥81.35	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥111.66	at 2023-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥91.88	at 2022-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥109.46	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	68.1%	at 2025-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	68.7%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	71.5%	at 2023-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	76.6%	at 2022-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	79.8%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	8.6%	2025-01-01 → 2025-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	25.8%	2023-01-01 → 2023-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	22.8%	2022-01-01 → 2022-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	24.6%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	40,027,526	at 2025-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	40,027,526	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	40,027,526	at 2023-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	40,027,526	at 2022-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	40,027,526	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	286	at 2025-12-31	Standalone	Number of employees
Employees	258	at 2024-12-31	Standalone	Number of employees
Employees	191	at 2023-12-31^v	Standalone	Number of employees
Employees	179	at 2022-12-31^v	Standalone	Number of employees
Employees	168	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 · 1,273

Item	Context	Value	Unit
Number of unconsolidated subsidiaries and associates accounted for using equity method	CurrentYearInstant	1000
Accumulated depreciation ppe by group	Prior1YearInstant	-524765000	JPY
Accumulated depreciation ppe by group	CurrentYearInstant	-500695000	JPY
Salaries and allowances sga	Prior1YearDuration	1336837000	JPY
Salaries and allowances sga	CurrentYearDuration	1566257000	JPY
Advertising expenses sga	Prior1YearDuration	508729000	JPY
Advertising expenses sga	CurrentYearDuration	157167000	JPY
Provision for bonuses sga	Prior1YearDuration	4825000	JPY
Provision for bonuses sga	CurrentYearDuration	15364000	JPY
Provision of allowance for doubtful accounts sga	Prior1YearDuration	12693000	JPY
Provision of allowance for doubtful accounts sga	CurrentYearDuration	3099000	JPY
Research and development expenses sga	Prior1YearDuration	290606000	JPY
Research and development expenses sga	CurrentYearDuration	60052000	JPY
Research and development expenses included in general and administrative expenses and manufacturing cost for current period	Prior1YearDuration	290606000	JPY
Research and development expenses included in general and administrative expenses and manufacturing cost for current period	CurrentYearDuration	60052000	JPY
Cash and deposits	Prior1YearInstant_NonConsolidatedMember	982654000	JPY
Cash and deposits	CurrentYearInstant_NonConsolidatedMember	1509369000	JPY
Accounts receivable trade	Prior1YearInstant_NonConsolidatedMember	957907000	JPY
Accounts receivable trade	CurrentYearInstant_NonConsolidatedMember	1015218000	JPY
Contract assets	Prior1YearInstant_NonConsolidatedMember	47784000	JPY
Contract assets	CurrentYearInstant_NonConsolidatedMember	85260000	JPY
Raw materials	Prior1YearInstant_NonConsolidatedMember	9844000	JPY
Raw materials	CurrentYearInstant_NonConsolidatedMember	20496000	JPY
Prepaid expenses	Prior1YearInstant_NonConsolidatedMember	328515000	JPY
Prepaid expenses	CurrentYearInstant_NonConsolidatedMember	284554000	JPY
Other ca	Prior1YearInstant_NonConsolidatedMember	301942000	JPY
Other ca	CurrentYearInstant_NonConsolidatedMember	108225000	JPY
Allowance for doubtful accounts ca	Prior1YearInstant_NonConsolidatedMember	-7653000	JPY
Allowance for doubtful accounts ca	CurrentYearInstant_NonConsolidatedMember	-4653000	JPY
Current assets	Prior1YearInstant_NonConsolidatedMember	2620997000	JPY
Current assets	CurrentYearInstant_NonConsolidatedMember	3018471000	JPY
Buildings and accompanying facilities net	Prior1YearInstant_NonConsolidatedMember	65367000	JPY
Buildings and accompanying facilities net	CurrentYearInstant_NonConsolidatedMember	41366000	JPY
Tools furniture and fixtures net	Prior1YearInstant_NonConsolidatedMember	89052000	JPY
Tools furniture and fixtures net	CurrentYearInstant_NonConsolidatedMember	62951000	JPY
Property plant and equipment	Prior1YearInstant_NonConsolidatedMember	154420000	JPY
Property plant and equipment	CurrentYearInstant_NonConsolidatedMember	104318000	JPY
Software	Prior1YearInstant_NonConsolidatedMember	247000	JPY
Software	CurrentYearInstant_NonConsolidatedMember	185000	JPY
Goodwill	Prior1YearInstant_NonConsolidatedMember	64213000	JPY
Goodwill	CurrentYearInstant_NonConsolidatedMember	38527000	JPY
Intangible assets	Prior1YearInstant_NonConsolidatedMember	64460000	JPY
Intangible assets	CurrentYearInstant_NonConsolidatedMember	38713000	JPY
Investment securities	Prior1YearInstant_NonConsolidatedMember	438348000	JPY
Investment securities	CurrentYearInstant_NonConsolidatedMember	147982000	JPY
Stocks of subsidiaries and affiliates	Prior1YearInstant_NonConsolidatedMember	288944000	JPY
Stocks of subsidiaries and affiliates	CurrentYearInstant_NonConsolidatedMember	243935000	JPY
Long term loans receivable from subsidiaries and affiliates	Prior1YearInstant_NonConsolidatedMember	313500000	JPY
Long term loans receivable from subsidiaries and affiliates	CurrentYearInstant_NonConsolidatedMember	177100000	JPY
Long term prepaid expenses	Prior1YearInstant_NonConsolidatedMember	286191000	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
balance sheet identity	non_consolidated 2024-12-31	pass rounding
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