Annual report

Period2024-01-01 → 2024-12-31

Filed2025-03-27

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Amended by S100VIF9 (2025-03-28). Amended by S100WQBN (2025-09-25).

Key figures · 158

Metric	Value	Period	Scope	Source row
Revenue	¥18.7bn	2024-01-01 → 2024-12-31	Cons.	Net sales
Revenue	¥17.4bn	2023-01-01 → 2023-12-31	Cons.	Net sales
Revenue	¥13.6bn	2022-01-01 → 2022-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥12.0bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥11.0bn	2020-01-01 → 2020-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥720m	2024-01-01 → 2024-12-31	Cons.	Operating income
Operating income	¥1.1bn	2023-01-01 → 2023-12-31	Cons.	Operating income
Ordinary income	¥1.1bn	2024-01-01 → 2024-12-31	Cons.	Ordinary income
Ordinary income	¥1.0bn	2023-01-01 → 2023-12-31	Cons.	Ordinary income
Ordinary income	¥1.1bn	2022-01-01 → 2022-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥686m	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥874m	2020-01-01 → 2020-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥1.1bn	2024-01-01 → 2024-12-31	Cons.	Income before income taxes
Profit before tax	¥1.0bn	2023-01-01 → 2023-12-31	Cons.	Income before income taxes
Net income (owners)	¥508m	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥661m	2023-01-01 → 2023-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥743m	2022-01-01 → 2022-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥455m	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥634m	2020-01-01 → 2020-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥535m	2024-01-01 → 2024-12-31	Cons.	Profit loss
Net income	¥648m	2023-01-01 → 2023-12-31	Cons.	Profit loss
Total assets	¥13.6bn	at 2024-12-31	Cons.	Assets
Total assets	¥11.8bn	at 2023-12-31	Cons.	Assets
Total assets	¥11.3bn	at 2022-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥8.6bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥7.2bn	at 2020-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥10.4bn	at 2024-12-31	Cons.	Liabilities
Total liabilities	¥7.8bn	at 2023-12-31	Cons.	Liabilities
Net assets / equity	¥3.2bn	at 2024-12-31	Cons.	Net assets
Net assets / equity	¥4.0bn	at 2023-12-31	Cons.	Net assets
Net assets / equity	¥3.7bn	at 2022-12-31^d	Cons.	Net assets
Net assets / equity	¥3.2bn	at 2021-12-31^d	Cons.	Net assets (5-year summary)
Net assets / equity	¥3.2bn	at 2020-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥3.9bn	at 2024-12-31	Cons.	Cash and deposits
Cash and deposits	¥3.4bn	at 2023-12-31	Cons.	Cash and deposits
Cash & equivalents	¥4.1bn	at 2024-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥3.5bn	at 2023-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥3.1bn	at 2022-12-31^d	Cons.	Cash and cash equivalents
Cash & equivalents	¥1.4bn	at 2021-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥1.7bn	at 2020-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥1.8bn	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	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥1.1bn	2022-01-01 → 2022-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥151m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥164m	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥991m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥659m	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	¥84m	2022-01-01 → 2022-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥255m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥402m	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥335m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥669m	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥454m	2022-01-01 → 2022-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥17m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥216m	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥15.73	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥19.63	2023-01-01 → 2023-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥22.15	2022-01-01 → 2022-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥13.2	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥18.54	2020-01-01 → 2020-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥15.58	2024-01-01 → 2024-12-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥19.44	2023-01-01 → 2023-12-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥21.93	2022-01-01 → 2022-12-31^d	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥13.02	2021-01-01 → 2021-12-31^d	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥18.13	2020-01-01 → 2020-12-31^d	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥94.22	at 2024-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥117	at 2023-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥107.38	at 2022-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥93.16	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥91.63	at 2020-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	21.9%	at 2024-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	33.3%	at 2023-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	32.0%	at 2022-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	36.5%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	43.7%	at 2020-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	14.7%	2024-01-01 → 2024-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	17.5%	2023-01-01 → 2023-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	22.0%	2022-01-01 → 2022-12-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	14.5%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	21.5%	2020-01-01 → 2020-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	709	at 2024-12-31	Cons.	Number of employees
Employees	570	at 2023-12-31	Cons.	Number of employees
Employees	527	at 2022-12-31^d	Cons.	Number of employees
Employees	473	at 2021-12-31^d	Cons.	Number of employees
Employees	446	at 2020-12-31^d	Cons.	Number of employees
Revenue	¥1.3bn	2024-01-01 → 2024-12-31	Standalone	Operating revenue1
Revenue	¥1.2bn	2023-01-01 → 2023-12-31	Standalone	Operating revenue1
Revenue	¥1.1bn	2022-01-01 → 2022-12-31^d	Standalone	Operating revenue1 (5-year summary)
Revenue	¥1.0bn	2021-01-01 → 2021-12-31^d	Standalone	Operating revenue1 (5-year summary)
Revenue	¥664m	2020-01-01 → 2020-12-31^d	Standalone	Operating revenue1 (5-year summary)
Operating income	¥343m	2024-01-01 → 2024-12-31	Standalone	Operating income
Operating income	¥649m	2023-01-01 → 2023-12-31	Standalone	Operating income
Ordinary income	¥710m	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	¥614m	2023-01-01 → 2023-12-31	Standalone	Ordinary income
Ordinary income	¥645m	2022-01-01 → 2022-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥584m	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥239m	2020-01-01 → 2020-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥847m	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Profit before tax	¥614m	2023-01-01 → 2023-12-31	Standalone	Income before income taxes
Net income	¥626m	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	¥611m	2023-01-01 → 2023-12-31	Standalone	Profit loss
Net income	¥554m	2022-01-01 → 2022-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥538m	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥233m	2020-01-01 → 2020-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥3.5bn	at 2024-12-31	Standalone	Assets
Total assets	¥3.1bn	at 2023-12-31	Standalone	Assets
Total assets	¥2.9bn	at 2022-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥2.2bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥2.0bn	at 2020-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥1.8bn	at 2024-12-31	Standalone	Liabilities
Total liabilities	¥437m	at 2023-12-31	Standalone	Liabilities
Net assets / equity	¥1.8bn	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥2.7bn	at 2023-12-31	Standalone	Net assets
Net assets / equity	¥2.4bn	at 2022-12-31^d	Standalone	Net assets
Net assets / equity	¥2.1bn	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥1.9bn	at 2020-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥155m	at 2024-12-31	Standalone	Cash and deposits
Cash and deposits	¥788m	at 2023-12-31	Standalone	Cash and deposits
EPS (basic)	¥19.38	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥18.16	2023-01-01 → 2023-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥16.51	2022-01-01 → 2022-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥15.62	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥6.8	2020-01-01 → 2020-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥19.19	2024-01-01 → 2024-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥17.99	2023-01-01 → 2023-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥16.34	2022-01-01 → 2022-12-31^d	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥15.4	2021-01-01 → 2021-12-31^d	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥6.65	2020-01-01 → 2020-12-31^d	Standalone	Diluted earnings per share (5-year summary)
Dividend per share	¥11	2024-01-01 → 2024-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥30	2023-01-01 → 2023-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥18	2022-01-01 → 2022-12-31^d	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥16	2021-01-01 → 2021-12-31^d	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥16	2020-01-01 → 2020-12-31^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥54.06	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥77.64	at 2023-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥70.02	at 2022-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥60.92	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥55.83	at 2020-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	48.5%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	83.9%	at 2023-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	80.0%	at 2022-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	94.4%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	94.6%	at 2020-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	28.9%	2024-01-01 → 2024-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	24.6%	2023-01-01 → 2023-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	25.1%	2022-01-01 → 2022-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	27.1%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	12.2%	2020-01-01 → 2020-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	32,560,086	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	11,720,791	at 2023-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	11,687,541	at 2022-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	11,640,235	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	11,557,035	at 2020-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	23	at 2024-12-31	Standalone	Number of employees
Employees	20	at 2023-12-31	Standalone	Number of employees
Employees	21	at 2022-12-31^d	Standalone	Number of employees
Employees	19	at 2021-12-31^d	Standalone	Number of employees
Employees	20	at 2020-12-31^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.

Segments · 2

Segment	Item	Period	Value
IT Solution Businessreportable segment	employees	at 2024-12-31	709 pure
IT Solution Businessreportable segment	employees	at 2024-12-31	23 pure

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

All source rows · 1,467

Item	Context	Value	Unit
Non controlling interests	CurrentYearInstant	150280000	JPY
Net assets	Prior1YearInstant	4014375000	JPY
Net assets	CurrentYearInstant	3193028000	JPY
Liabilities and net assets	Prior1YearInstant	11831431000	JPY
Liabilities and net assets	CurrentYearInstant	13633110000	JPY
Net sales	Prior1YearDuration	17443211000	JPY
Net sales	CurrentYearDuration	18717665000	JPY
Cost of sales	Prior1YearDuration	13319617000	JPY
Cost of sales	CurrentYearDuration	14125210000	JPY
Gross profit	Prior1YearDuration	4123594000	JPY
Gross profit	CurrentYearDuration	4592455000	JPY
Selling general and administrative expenses	Prior1YearDuration	3037522000	JPY
Selling general and administrative expenses	CurrentYearDuration	3872241000	JPY
Operating income	Prior1YearDuration	1086072000	JPY
Operating income	CurrentYearDuration	720213000	JPY
Interest and dividends income noi	Prior1YearDuration	513000	JPY
Interest and dividends income noi	CurrentYearDuration	3857000	JPY
Insurance premiums refunded cancellation noi	Prior1YearDuration	7448000	JPY
Insurance premiums refunded cancellation noi	CurrentYearDuration	13008000	JPY
Subsidy income noi	Prior1YearDuration	9762000	JPY
Subsidy income noi	CurrentYearDuration	15524000	JPY
Gain on cancellation of derivatives noi	Prior1YearDuration	－	JPY
Gain on cancellation of derivatives noi	CurrentYearDuration	404160000	JPY
Other noi	Prior1YearDuration	4210000	JPY
Other noi	CurrentYearDuration	13408000	JPY
Non operating income	Prior1YearDuration	21935000	JPY
Non operating income	CurrentYearDuration	449958000	JPY
Interest expenses noe	Prior1YearDuration	15035000	JPY
Interest expenses noe	CurrentYearDuration	24054000	JPY
Loss on sales of securities noe	Prior1YearDuration	－	JPY
Loss on sales of securities noe	CurrentYearDuration	29330000	JPY
Guarantee commission noe	Prior1YearDuration	413000	JPY
Guarantee commission noe	CurrentYearDuration	411000	JPY
Foreign exchange losses noe	Prior1YearDuration	38000000	JPY
Foreign exchange losses noe	CurrentYearDuration	50021000	JPY
Loss on valuation of derivatives noe	Prior1YearDuration	38400000	JPY
Loss on valuation of derivatives noe	CurrentYearDuration	－	JPY
Stock issuance cost noe	Prior1YearDuration	167000	JPY
Stock issuance cost noe	CurrentYearDuration	－	JPY
Other noe	Prior1YearDuration	690000	JPY
Other noe	CurrentYearDuration	5975000	JPY
Non operating expenses	Prior1YearDuration	92707000	JPY
Non operating expenses	CurrentYearDuration	109794000	JPY
Ordinary income	Prior1YearDuration	1015300000	JPY
Ordinary income	CurrentYearDuration	1060377000	JPY
Gain on sales of investment securities ei	Prior1YearDuration	－	JPY
Gain on sales of investment securities ei	CurrentYearDuration	34022000	JPY
Gain on sales of subsidiaries stocks ei	Prior1YearDuration	－	JPY
Gain on sales of subsidiaries stocks ei	CurrentYearDuration	234492000	JPY
Extraordinary income	Prior1YearDuration	－	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 2023-12-31	pass
balance sheet identity	consolidated 2024-12-31	pass rounding
balance sheet identity	non_consolidated 2023-12-31	pass rounding
balance sheet identity	non_consolidated 2024-12-31	pass
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2022-12-31	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	non_consolidated 2022-12-31	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 income attributable to parent	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · operating cash flow	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · operating cash flow	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · revenue	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · revenue	non_consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	non_consolidated 2024-01-01/2024-12-31	pass
statement vs summary · total assets	consolidated 2023-12-31	pass
statement vs summary · total assets	consolidated 2024-12-31	pass
statement vs summary · total assets	non_consolidated 2023-12-31	pass
statement vs summary · total assets	non_consolidated 2024-12-31	pass