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
Number of issued shares as of filing date issued shares total number of shares etcFilingDateInstant8925495
Number of shares constituting one unitCurrentYearInstant_OrdinaryShareMember100
Number of shareholders national and local governmentsCurrentYearInstant_OrdinaryShareMember-
Number of shareholders financial institutionsCurrentYearInstant_OrdinaryShareMember1
Number of shareholders financial service providersCurrentYearInstant_OrdinaryShareMember16
Number of shareholders other corporationsCurrentYearInstant_OrdinaryShareMember28
Number of shareholders foreign investors other than individualsCurrentYearInstant_OrdinaryShareMember15
Number of shareholders foreign individual investorsCurrentYearInstant_OrdinaryShareMember13
Number of shareholders individuals and othersCurrentYearInstant_OrdinaryShareMember3284
Number of shareholders totalCurrentYearInstant_OrdinaryShareMember3357
Number of shares held number of units national and local governmentsCurrentYearInstant_OrdinaryShareMember-
Number of shares held number of units financial institutionsCurrentYearInstant_OrdinaryShareMember10
Number of shares held number of units financial service providersCurrentYearInstant_OrdinaryShareMember1851
Number of shares held number of units other corporationsCurrentYearInstant_OrdinaryShareMember299
Number of shares held number of units foreign investors other than individualsCurrentYearInstant_OrdinaryShareMember3421
Number of shares held number of units foreign individual investorsCurrentYearInstant_OrdinaryShareMember82
Number of shares held number of units individuals and othersCurrentYearInstant_OrdinaryShareMember83520
Number of shares held number of units totalCurrentYearInstant_OrdinaryShareMember89183
Number of shares held shares less than one unitCurrentYearInstant_OrdinaryShareMember7195
Percentage of shareholdings national and local governmentsCurrentYearInstant_OrdinaryShareMember-
Percentage of shareholdings financial institutionsCurrentYearInstant_OrdinaryShareMember0.00011
Percentage of shareholdings financial service providersCurrentYearInstant_OrdinaryShareMember0.02075
Percentage of shareholdings other corporationsCurrentYearInstant_OrdinaryShareMember0.00335
Percentage of shareholdings foreigners other than individualsCurrentYearInstant_OrdinaryShareMember0.03835
Percentage of shareholdings foreign individualsCurrentYearInstant_OrdinaryShareMember0.00091
Percentage of shareholdings individuals and othersCurrentYearInstant_OrdinaryShareMember0.93650
Number of shares heldCurrentYearInstant_No1MajorShareholdersMember3549800
Shareholding ratioCurrentYearInstant_No1MajorShareholdersMember0.4974
Number of shares heldCurrentYearInstant_No2MajorShareholdersMember189300
Shareholding ratioCurrentYearInstant_No2MajorShareholdersMember0.0265
Number of shares heldCurrentYearInstant_No3MajorShareholdersMember182400
Shareholding ratioCurrentYearInstant_No3MajorShareholdersMember0.0256
Number of shares heldCurrentYearInstant_No4MajorShareholdersMember172800
Shareholding ratioCurrentYearInstant_No4MajorShareholdersMember0.0242
Number of shares heldCurrentYearInstant_No5MajorShareholdersMember160000
Shareholding ratioCurrentYearInstant_No5MajorShareholdersMember0.0224
Number of shares heldCurrentYearInstant_No6MajorShareholdersMember90900
Shareholding ratioCurrentYearInstant_No6MajorShareholdersMember0.0127
Number of shares heldCurrentYearInstant_No7MajorShareholdersMember50600
Shareholding ratioCurrentYearInstant_No7MajorShareholdersMember0.0071
Number of shares heldCurrentYearInstant_No8MajorShareholdersMember49000
Shareholding ratioCurrentYearInstant_No8MajorShareholdersMember0.0069
Number of shares heldCurrentYearInstant_No9MajorShareholdersMember47000
Shareholding ratioCurrentYearInstant_No9MajorShareholdersMember0.0066
Number of shares heldCurrentYearInstant_No10MajorShareholdersMember45300
Shareholding ratioCurrentYearInstant_No10MajorShareholdersMember0.0063
Number of shares heldCurrentYearInstant4537100
Shareholding ratioCurrentYearInstant0.6357
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithNoVotingRightsMember-
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsTreasurySharesEtcMember-

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