Annual report

Period2025-01-01 → 2025-12-31
Filed2026-03-13
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 146
MetricValuePeriodScopeSource row
Revenue¥3.4bn2025-01-01 → 2025-12-31Cons.Net sales
Revenue¥3.3bn2024-01-01 → 2024-12-31Cons.Net sales
Revenue¥3.4bn2023-01-01 → 2023-12-31vCons.Net sales (5-year summary)
Revenue¥3.1bn2022-01-01 → 2022-12-31vCons.Net sales (5-year summary)
Revenue¥2.9bn2021-01-01 → 2021-12-31dCons.Net sales (5-year summary)
Operating income¥1.1bn2025-01-01 → 2025-12-31Cons.Operating income
Operating income¥1.1bn2024-01-01 → 2024-12-31Cons.Operating income
Ordinary income¥1.1bn2025-01-01 → 2025-12-31Cons.Ordinary income
Ordinary income¥1.1bn2024-01-01 → 2024-12-31Cons.Ordinary income
Ordinary income¥941m2023-01-01 → 2023-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥866m2022-01-01 → 2022-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥853m2021-01-01 → 2021-12-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥1.1bn2025-01-01 → 2025-12-31Cons.Income before income taxes
Profit before tax¥1.0bn2024-01-01 → 2024-12-31Cons.Income before income taxes
Net income (owners)¥488m2025-01-01 → 2025-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥699m2024-01-01 → 2024-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥941,0002023-01-01 → 2023-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥558m2022-01-01 → 2022-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥539m2021-01-01 → 2021-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥488m2025-01-01 → 2025-12-31Cons.Profit loss
Net income¥699m2024-01-01 → 2024-12-31Cons.Profit loss
Total assets¥4.0bnat 2025-12-31Cons.Assets
Total assets¥4.2bnat 2024-12-31Cons.Assets
Total assets¥3.9bnat 2023-12-31vCons.Total assets (5-year summary)
Total assets¥3.5bnat 2022-12-31vCons.Total assets (5-year summary)
Total assets¥3.3bnat 2021-12-31dCons.Total assets (5-year summary)
Total liabilities¥896mat 2025-12-31Cons.Liabilities
Total liabilities¥811mat 2024-12-31Cons.Liabilities
Net assets / equity¥3.1bnat 2025-12-31Cons.Net assets
Net assets / equity¥3.4bnat 2024-12-31Cons.Net assets
Net assets / equity¥3.0bnat 2023-12-31vCons.Net assets
Net assets / equity¥3.0bnat 2022-12-31vCons.Net assets (5-year summary)
Net assets / equity¥2.9bnat 2021-12-31dCons.Net assets (5-year summary)
Cash and deposits¥3.1bnat 2025-12-31Cons.Cash and deposits
Cash and deposits¥3.1bnat 2024-12-31Cons.Cash and deposits
Cash & equivalents¥1.5bnat 2025-12-31Cons.Cash and cash equivalents
Cash & equivalents¥3.1bnat 2024-12-31Cons.Cash and cash equivalents
Cash & equivalents¥2.8bnat 2023-12-31vCons.Cash and cash equivalents
Cash & equivalents¥2.8bnat 2022-12-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥2.7bnat 2021-12-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥864m2025-01-01 → 2025-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥659m2024-01-01 → 2024-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥761m2023-01-01 → 2023-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥560m2022-01-01 → 2022-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥656m2021-01-01 → 2021-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥1.6bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥29m2024-01-01 → 2024-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥565m2023-01-01 → 2023-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥49m2022-01-01 → 2022-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥11m2021-01-01 → 2021-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥813m2025-01-01 → 2025-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥313m2024-01-01 → 2024-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥185m2023-01-01 → 2023-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥393m2022-01-01 → 2022-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥301m2021-01-01 → 2021-12-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥67.662025-01-01 → 2025-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥92.22024-01-01 → 2024-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-0.122023-01-01 → 2023-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥69.72022-01-01 → 2022-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥64.692021-01-01 → 2021-12-31dCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥64.462021-01-01 → 2021-12-31dCons.Diluted earnings per share (5-year summary)
Net assets per share¥431.9at 2025-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥451.49at 2024-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥381.09at 2023-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥384.77at 2022-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥346.79at 2021-12-31dCons.Net assets per share (5-year summary)
Equity ratio77.5%at 2025-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio80.7%at 2024-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio77.6%at 2023-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio86.3%at 2022-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio86.9%at 2021-12-31dCons.Equity to asset ratio (5-year summary)
ROE15.1%2025-01-01 → 2025-12-31Cons.Rate of return on equity (5-year summary)
ROE21.8%2024-01-01 → 2024-12-31Cons.Rate of return on equity (5-year summary)
ROE18.9%2022-01-01 → 2022-12-31vCons.Rate of return on equity (5-year summary)
ROE19.5%2021-01-01 → 2021-12-31dCons.Rate of return on equity (5-year summary)
Employees75at 2025-12-31Cons.Number of employees
Employees84at 2024-12-31Cons.Number of employees
Employees91at 2023-12-31vCons.Number of employees
Employees87at 2022-12-31vCons.Number of employees
Employees90at 2021-12-31dCons.Number of employees
Revenue¥3.4bn2025-01-01 → 2025-12-31StandaloneNet sales
Revenue¥3.3bn2024-01-01 → 2024-12-31StandaloneNet sales
Revenue¥3.4bn2023-01-01 → 2023-12-31vStandaloneNet sales (5-year summary)
Revenue¥3.1bn2022-01-01 → 2022-12-31vStandaloneNet sales (5-year summary)
Revenue¥2.2bn2021-01-01 → 2021-12-31dStandaloneNet sales (5-year summary)
Operating income¥1.1bn2025-01-01 → 2025-12-31StandaloneOperating income
Operating income¥1.0bn2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income¥1.1bn2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income¥1.0bn2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income¥1.0bn2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥830m2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥814m2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥1.1bn2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax¥1.0bn2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income¥452m2025-01-01 → 2025-12-31StandaloneProfit loss
Net income¥710m2024-01-01 → 2024-12-31StandaloneProfit loss
Net income−¥40m2023-01-01 → 2023-12-31vStandaloneNet income loss (5-year summary)
Net income¥550m2022-01-01 → 2022-12-31vStandaloneNet income loss (5-year summary)
Net income¥492m2021-01-01 → 2021-12-31dStandaloneNet income loss (5-year summary)
Total assets¥3.6bnat 2025-12-31StandaloneAssets
Total assets¥3.9bnat 2024-12-31StandaloneAssets
Total assets¥3.6bnat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥3.2bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥3.1bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥739mat 2025-12-31StandaloneLiabilities
Total liabilities¥641mat 2024-12-31StandaloneLiabilities
Net assets / equity¥2.9bnat 2025-12-31StandaloneNet assets
Net assets / equity¥3.2bnat 2024-12-31StandaloneNet assets
Net assets / equity¥2.8bnat 2023-12-31vStandaloneNet assets
Net assets / equity¥2.9bnat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥2.8bnat 2021-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥2.8bnat 2025-12-31StandaloneCash and deposits
Cash and deposits¥2.8bnat 2024-12-31StandaloneCash and deposits
EPS (basic)¥62.592025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥93.582024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-5.052023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥68.662022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥59.132021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥58.922021-01-01 → 2021-12-31dStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥442025-01-01 → 2025-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥372024-01-01 → 2024-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥82023-01-01 → 2023-12-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥403.79at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥429.75at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥358.95at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥367.58at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥334.77at 2021-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio79.6%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio83.4%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio79.6%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio89.5%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio90.1%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE14.8%2025-01-01 → 2025-12-31StandaloneRate of return on equity (5-year summary)
ROE23.4%2024-01-01 → 2024-12-31StandaloneRate of return on equity (5-year summary)
ROE19.4%2022-01-01 → 2022-12-31vStandaloneRate of return on equity (5-year summary)
ROE18.3%2021-01-01 → 2021-12-31dStandaloneRate of return on equity (5-year summary)
Shares issued8,925,495at 2025-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued8,925,495at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued8,925,495at 2023-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued8,925,495at 2022-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued8,925,495at 2021-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees75at 2025-12-31StandaloneNumber of employees
Employees84at 2024-12-31StandaloneNumber of employees
Employees89at 2023-12-31vStandaloneNumber of employees
Employees87at 2022-12-31vStandaloneNumber of employees
Employees90at 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 · 40
SegmentItemPeriodValue
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsdepreciation2025-01-01 → 2025-12-31¥353,000
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment profit2025-01-01 → 2025-12-31−¥6m
MCreportable segmentdepreciation2025-01-01 → 2025-12-31¥105,000
MCreportable segmentrevenue2025-01-01 → 2025-12-31¥254m
MCreportable segmentrevenue external2025-01-01 → 2025-12-31¥254m
MCreportable segmentsegment profit2025-01-01 → 2025-12-31¥188m
SAreportable segmentdepreciation2025-01-01 → 2025-12-31¥44,000
SAreportable segmentemployeesat 2025-12-3161 pure
SAreportable segmentrevenue2025-01-01 → 2025-12-31¥3.2bn
SAreportable segmentrevenue external2025-01-01 → 2025-12-31¥3.2bn
SAreportable segmentsegment profit2025-01-01 → 2025-12-31¥939m
—segment totaldepreciation2025-01-01 → 2025-12-31¥149,000
—segment totalrevenue2025-01-01 → 2025-12-31¥3.4bn
—segment totalrevenue external2025-01-01 → 2025-12-31¥3.4bn
—segment totalsegment profit2025-01-01 → 2025-12-31¥1.1bn
Total Of Reportable Segments And Otherssegment totaldepreciation2025-01-01 → 2025-12-31¥503,000
Total Of Reportable Segments And Otherssegment totalrevenue2025-01-01 → 2025-12-31¥3.4bn
Total Of Reportable Segments And Otherssegment totalrevenue external2025-01-01 → 2025-12-31¥3.4bn
Total Of Reportable Segments And Otherssegment totalsegment profit2025-01-01 → 2025-12-31¥1.1bn
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsdepreciation2024-01-01 → 2024-12-31¥1m
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue2024-01-01 → 2024-12-31¥35,000
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsrevenue external2024-01-01 → 2024-12-31¥35,000
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentssegment profit2024-01-01 → 2024-12-31−¥59m
MCreportable segmentdepreciation2024-01-01 → 2024-12-31¥189,000
MCreportable segmentrevenue2024-01-01 → 2024-12-31¥286m
MCreportable segmentrevenue external2024-01-01 → 2024-12-31¥286m
MCreportable segmentsegment profit2024-01-01 → 2024-12-31¥215m
SAreportable segmentdepreciation2024-01-01 → 2024-12-31¥632,000
SAreportable segmentrevenue2024-01-01 → 2024-12-31¥3.0bn
SAreportable segmentrevenue external2024-01-01 → 2024-12-31¥3.0bn
SAreportable segmentsegment profit2024-01-01 → 2024-12-31¥902m
—segment totaldepreciation2024-01-01 → 2024-12-31¥821,000
—segment totalrevenue2024-01-01 → 2024-12-31¥3.3bn
—segment totalrevenue external2024-01-01 → 2024-12-31¥3.3bn
—segment totalsegment profit2024-01-01 → 2024-12-31¥1.1bn
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¥3.3bn
Total Of Reportable Segments And Otherssegment totalrevenue external2024-01-01 → 2024-12-31¥3.3bn
Total Of Reportable Segments And Otherssegment totalsegment profit2024-01-01 → 2024-12-31¥1.1bn
SAreportable segmentemployeesat 2025-12-3161 pure

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

All source rows · 1,331
ItemContextValueUnit
Changes in scope of consolidation (text)CurrentYearDurationText · Plus
Names of major unconsolidated subsidiaries and reasons for exclusion from scope of consolidation (text)CurrentYearDurationText · Plus
Names of major unconsolidated subsidiaries and associates and reasons for not being accounted for using equity method (text)CurrentYearDurationText · Plus
Disclosure about fiscal years etc of consolidated subsidiaries (text)CurrentYearDurationText · Plus
Disclosure of accounting policies (text)CurrentYearDurationText · Plus
Significant accounting estimates consolidated financial statements (text)CurrentYearDurationText · Plus
Notes changes in accounting policies in accordance with changes in accounting standards etc consolidated financial statements (text)CurrentYearDurationText · Plus
Notes new accounting standards not yet applied consolidated financial statements (text)CurrentYearDurationText · Plus
Notes changes in accounting estimates consolidated financial statements (text)CurrentYearDurationText · Plus
Notes regarding amounts of notes and accounts receivable trade and contract assets (text)CurrentYearInstantText · Plus
Notes regarding amount of contract liabilities (text)CurrentYearInstantText · Plus
Notes regarding amount of revenue from contracts with customers (text)CurrentYearDurationText · Plus
Major components of selling general and administrative expenses (text)CurrentYearDurationText · Plus
Notes of settlement income (text)Prior1YearDurationText · Plus
Notes regarding loss on valuation of investment securities (text)Prior1YearDurationText · Plus
Notes of special survey costs etc (text)CurrentYearDurationText · Plus
Notes of litigation expenses (text)CurrentYearDurationText · Plus
Notes regarding loss on liquidation of subsidiary (text)CurrentYearDurationText · Plus
Notes regarding reclassification adjustments and tax effects relating to other comprehensive income (text)CurrentYearDurationText · Plus
Notes regarding issued shares and treasury shares (text)Prior1YearDurationText · Plus
Notes regarding new share subscription rights etc (text)Prior1YearDurationText · Plus
Notes regarding dividend (text)Prior1YearDurationText · Plus
Notes regarding issued shares and treasury shares (text)CurrentYearDurationText · Plus
Notes regarding new share subscription rights etc (text)CurrentYearDurationText · Plus
Notes regarding dividend (text)CurrentYearDurationText · Plus
Reconciliation of ending balance of cash and cash equivalents with account balances per balance sheet (text)CurrentYearDurationText · Plus
Notes financial instruments consolidated financial statements (text)CurrentYearDurationText · Plus
Notes securities consolidated financial statements (text)CurrentYearDurationText · Plus
Notes share options etc consolidated financial statements (text)CurrentYearDurationText · Plus
Notes tax effect accounting consolidated financial statements (text)CurrentYearDurationText · Plus
Notes revenue recognition consolidated financial statements (text)CurrentYearDurationText · Plus
Notes segment information etc consolidated financial statements (text)CurrentYearDurationText · Plus
Description of reportable segments (text)CurrentYearDurationText · Plus
Explanation of measurements of sales profit loss asset liability and other items for each reportable segment (text)CurrentYearDurationText · Plus
Footnotes regarding segment information table (text)Prior1YearDurationText · Plus
Footnotes regarding segment information table (text)CurrentYearDurationText · Plus
Information for each product or service (text)Prior1YearDurationText · Plus
Revenues from external customers information for each region (text)Prior1YearDurationText · Plus
Property plant and equipment information for each region (text)Prior1YearDurationText · Plus
Information for each of main customers (text)Prior1YearDurationText · Plus
Information for each product or service (text)CurrentYearDurationText · Plus
Revenues from external customers information for each region (text)CurrentYearDurationText · Plus
Property plant and equipment information for each region (text)CurrentYearDurationText · Plus
Information for each of main customers (text)CurrentYearDurationText · Plus
Description of factors which led to recognition of gain on bargain purchase (text)CurrentYearDurationText · Plus
Notes related parties consolidated financial statements (text)CurrentYearDurationText · Plus
Notes per share information consolidated financial statements (text)CurrentYearDurationText · Plus
Notes significant events after reporting period consolidated financial statements (text)CurrentYearDurationText · Plus
Annexed consolidated detailed schedule of corporate bonds (text)CurrentYearDurationText · Plus
Annexed consolidated detailed schedule of borrowings (text)CurrentYearDurationText · Plus

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 identityconsolidated 2024-12-31pass
balance sheet identityconsolidated 2025-12-31pass
balance sheet identitynon_consolidated 2024-12-31pass
balance sheet identitynon_consolidated 2025-12-31pass
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2023-12-31pass
statement vs summary · net assetsconsolidated 2024-12-31pass
statement vs summary · net assetsconsolidated 2025-12-31pass
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 · net income attributable to parentconsolidated 2024-01-01/2024-12-31pass
statement vs summary · net income attributable to parentconsolidated 2025-01-01/2025-12-31pass
statement vs summary · operating cash flowconsolidated 2024-01-01/2024-12-31pass
statement vs summary · operating cash flowconsolidated 2025-01-01/2025-12-31pass
statement vs summary · revenueconsolidated 2024-01-01/2024-12-31pass
statement vs summary · revenueconsolidated 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 assetsconsolidated 2024-12-31pass
statement vs summary · total assetsconsolidated 2025-12-31pass
statement vs summary · total assetsnon_consolidated 2024-12-31pass
statement vs summary · total assetsnon_consolidated 2025-12-31pass