Annual report

Period2023-01-01 → 2023-12-31

Filed2024-03-29

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Amended by S100UTZE (2024-11-22).

Key figures · 151

Metric	Value	Period	Scope	Source row
Revenue	¥12.5bn	2023-01-01 → 2023-12-31	Cons.	Net sales
Revenue	¥10.7bn	2022-01-01 → 2022-12-31	Cons.	Net sales
Revenue	¥8.0bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥5.4bn	2020-01-01 → 2020-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥4.5bn	2019-01-01 → 2019-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥1.8bn	2023-01-01 → 2023-12-31	Cons.	Operating income
Operating income	¥902m	2022-01-01 → 2022-12-31	Cons.	Operating income
Ordinary income	¥2.3bn	2023-01-01 → 2023-12-31	Cons.	Ordinary income
Ordinary income	¥1.1bn	2022-01-01 → 2022-12-31	Cons.	Ordinary income
Ordinary income	¥1.6bn	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥926m	2020-01-01 → 2020-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥486m	2019-01-01 → 2019-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥2.1bn	2023-01-01 → 2023-12-31	Cons.	Income before income taxes
Profit before tax	¥1.1bn	2022-01-01 → 2022-12-31	Cons.	Income before income taxes
Net income (owners)	¥1.6bn	2023-01-01 → 2023-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥823m	2022-01-01 → 2022-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥1.3bn	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥804m	2020-01-01 → 2020-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥410m	2019-01-01 → 2019-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥1.6bn	2023-01-01 → 2023-12-31	Cons.	Profit loss
Net income	¥823m	2022-01-01 → 2022-12-31	Cons.	Profit loss
Total assets	¥11.9bn	at 2023-12-31	Cons.	Assets
Total assets	¥9.7bn	at 2022-12-31	Cons.	Assets
Total assets	¥8.4bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥6.2bn	at 2020-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥3.4bn	at 2019-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥2.4bn	at 2023-12-31	Cons.	Liabilities
Total liabilities	¥1.9bn	at 2022-12-31	Cons.	Liabilities
Net assets / equity	¥9.5bn	at 2023-12-31	Cons.	Net assets
Net assets / equity	¥7.7bn	at 2022-12-31	Cons.	Net assets
Net assets / equity	¥6.6bn	at 2021-12-31^d	Cons.	Net assets
Net assets / equity	¥5.0bn	at 2020-12-31^d	Cons.	Net assets (5-year summary)
Net assets / equity	¥2.0bn	at 2019-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥7.9bn	at 2023-12-31	Cons.	Cash and deposits
Cash and deposits	¥6.3bn	at 2022-12-31	Cons.	Cash and deposits
Cash & equivalents	¥4.6bn	at 2023-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥3.3bn	at 2022-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥3.7bn	at 2021-12-31^d	Cons.	Cash and cash equivalents
Cash & equivalents	¥4.1bn	at 2020-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥2.2bn	at 2019-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥1.9bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥807m	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥1.2bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥862m	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥461m	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥326m	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥1.3bn	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥1.4bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥981m	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥297m	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥224m	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥62m	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥180m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥2.0bn	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥1.3bn	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥41.25	2023-01-01 → 2023-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥21.81	2022-01-01 → 2022-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥34.79	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥22.93	2020-01-01 → 2020-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥13.17	2019-01-01 → 2019-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥38.83	2023-01-01 → 2023-12-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥20.4	2022-01-01 → 2022-12-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥32.16	2021-01-01 → 2021-12-31^d	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥20.78	2020-01-01 → 2020-12-31^d	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥249.48	at 2023-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥203.83	at 2022-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥174.53	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥136.2	at 2020-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥61.27	at 2019-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	80.1%	at 2023-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	80.0%	at 2022-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	78.4%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	80.7%	at 2020-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	60.5%	at 2019-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	18.2%	2023-01-01 → 2023-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	11.5%	2022-01-01 → 2022-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	22.4%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	22.8%	2020-01-01 → 2020-12-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	31.0%	2019-01-01 → 2019-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	1,748	at 2023-12-31	Cons.	Number of employees
Employees	1,805	at 2022-12-31	Cons.	Number of employees
Employees	1,633	at 2021-12-31^d	Cons.	Number of employees
Employees	1,298	at 2020-12-31^d	Cons.	Number of employees
Employees	1,263	at 2019-12-31^d	Cons.	Number of employees
Revenue	¥9.7bn	2023-01-01 → 2023-12-31	Standalone	Net sales
Revenue	¥7.9bn	2022-01-01 → 2022-12-31	Standalone	Net sales
Revenue	¥6.5bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥4.4bn	2020-01-01 → 2020-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥3.3bn	2019-01-01 → 2019-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥663m	2023-01-01 → 2023-12-31	Standalone	Operating income
Operating income	¥266m	2022-01-01 → 2022-12-31	Standalone	Operating income
Ordinary income	¥611m	2023-01-01 → 2023-12-31	Standalone	Ordinary income
Ordinary income	¥217m	2022-01-01 → 2022-12-31	Standalone	Ordinary income
Ordinary income	¥337m	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥139m	2020-01-01 → 2020-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥98m	2019-01-01 → 2019-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥459m	2023-01-01 → 2023-12-31	Standalone	Income before income taxes
Profit before tax	¥148m	2022-01-01 → 2022-12-31	Standalone	Income before income taxes
Net income	¥269m	2023-01-01 → 2023-12-31	Standalone	Profit loss
Net income	¥89m	2022-01-01 → 2022-12-31	Standalone	Profit loss
Net income	¥249m	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥101m	2020-01-01 → 2020-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥70m	2019-01-01 → 2019-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥6.5bn	at 2023-12-31	Standalone	Assets
Total assets	¥5.4bn	at 2022-12-31	Standalone	Assets
Total assets	¥5.1bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥4.9bn	at 2020-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥2.5bn	at 2019-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥2.0bn	at 2023-12-31	Standalone	Liabilities
Total liabilities	¥1.2bn	at 2022-12-31	Standalone	Liabilities
Net assets / equity	¥4.4bn	at 2023-12-31	Standalone	Net assets
Net assets / equity	¥4.1bn	at 2022-12-31	Standalone	Net assets
Net assets / equity	¥4.0bn	at 2021-12-31^d	Standalone	Net assets
Net assets / equity	¥3.7bn	at 2020-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥1.4bn	at 2019-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥3.0bn	at 2023-12-31	Standalone	Cash and deposits
Cash and deposits	¥2.3bn	at 2022-12-31	Standalone	Cash and deposits
EPS (basic)	¥7.08	2023-01-01 → 2023-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥2.36	2022-01-01 → 2022-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥6.66	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥2.88	2020-01-01 → 2020-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥2.27	2019-01-01 → 2019-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥6.67	2023-01-01 → 2023-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥2.21	2022-01-01 → 2022-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥6.16	2021-01-01 → 2021-12-31^d	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥2.61	2020-01-01 → 2020-12-31^d	Standalone	Diluted earnings per share (5-year summary)
Net assets per share	¥116.2	at 2023-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥109.08	at 2022-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥106.6	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥100.36	at 2020-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥41.39	at 2019-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	68.5%	at 2023-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	76.8%	at 2022-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	79.3%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	76.1%	at 2020-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	55.3%	at 2019-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	6.3%	2023-01-01 → 2023-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	2.2%	2022-01-01 → 2022-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	6.5%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	4.0%	2020-01-01 → 2020-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	8.5%	2019-01-01 → 2019-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	38,075,500	at 2023-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	37,956,400	at 2022-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	37,733,500	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	36,840,000	at 2020-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	33,104,000	at 2019-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	338	at 2023-12-31	Standalone	Number of employees
Employees	248	at 2022-12-31	Standalone	Number of employees
Employees	172	at 2021-12-31^d	Standalone	Number of employees
Employees	125	at 2020-12-31^d	Standalone	Number of employees
Employees	64	at 2019-12-31^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 · 1,224

Item	Context	Value	Unit
Net assets	Prior1YearInstant	7736000000	JPY
Issuance of new shares	CurrentYearDuration	9000000	JPY
Profit loss attributable to owners of parent	CurrentYearDuration	1569000000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_ValuationDifferenceOnAvailableForSaleSecuritiesMember	4000000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_ForeignCurrencyTranslationAdjustmentMember	178000000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_ValuationAndTranslationAdjustmentsMember	183000000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration	183000000	JPY
Total changes of items during the period	CurrentYearDuration_ValuationDifferenceOnAvailableForSaleSecuritiesMember	4000000	JPY
Total changes of items during the period	CurrentYearDuration_ForeignCurrencyTranslationAdjustmentMember	178000000	JPY
Total changes of items during the period	CurrentYearDuration_ValuationAndTranslationAdjustmentsMember	183000000	JPY
Total changes of items during the period	CurrentYearDuration_SubscriptionRightsToSharesMember	－	JPY
Total changes of items during the period	CurrentYearDuration	1762000000	JPY
Net assets	CurrentYearInstant_ValuationDifferenceOnAvailableForSaleSecuritiesMember	19000000	JPY
Net assets	CurrentYearInstant_ForeignCurrencyTranslationAdjustmentMember	614000000	JPY
Net assets	CurrentYearInstant_ValuationAndTranslationAdjustmentsMember	633000000	JPY
Net assets	CurrentYearInstant_SubscriptionRightsToSharesMember	0	JPY
Net assets	CurrentYearInstant	9499000000	JPY
Income before income taxes	Prior1YearDuration	1076000000	JPY
Income before income taxes	CurrentYearDuration	2107000000	JPY
Gain on sales of non current assets ope cf	Prior1YearDuration	－	JPY
Gain on sales of non current assets ope cf	CurrentYearDuration	-55000000	JPY
Loss on valuation of investments in capital ope cf	Prior1YearDuration	－	JPY
Loss on valuation of investments in capital ope cf	CurrentYearDuration	8000000	JPY
Loss on valuation of investments in capital of subsidiaries and associates ope cf	Prior1YearDuration	－	JPY
Loss on valuation of investments in capital of subsidiaries and associates ope cf	CurrentYearDuration	73000000	JPY
Loss on valuation of stocks of subsidiaries and affiliates ope cf	Prior1YearDuration	－	JPY
Loss on valuation of stocks of subsidiaries and affiliates ope cf	CurrentYearDuration	53000000	JPY
Relocation expenses ope cf	Prior1YearDuration	10000000	JPY
Relocation expenses ope cf	CurrentYearDuration	33000000	JPY
Depreciation and amortization ope cf	Prior1YearDuration	67000000	JPY
Depreciation and amortization ope cf	CurrentYearDuration	123000000	JPY
Other extraordinary loss income ope cf	Prior1YearDuration	－	JPY
Other extraordinary loss income ope cf	CurrentYearDuration	22000000	JPY
Amortization of goodwill ope cf	Prior1YearDuration	70000000	JPY
Amortization of goodwill ope cf	CurrentYearDuration	70000000	JPY
Loss gain on sales and valuation of investment securities ope cf	Prior1YearDuration	48000000	JPY
Loss gain on sales and valuation of investment securities ope cf	CurrentYearDuration	40000000	JPY
Increase decrease in allowance for doubtful accounts ope cf	Prior1YearDuration	41000000	JPY
Increase decrease in allowance for doubtful accounts ope cf	CurrentYearDuration	135000000	JPY
Increase decrease in provision for bonuses ope cf	Prior1YearDuration	38000000	JPY
Increase decrease in provision for bonuses ope cf	CurrentYearDuration	105000000	JPY
Interest income ope cf	Prior1YearDuration	-194000000	JPY
Interest income ope cf	CurrentYearDuration	-402000000	JPY
Interest expenses ope cf	Prior1YearDuration	5000000	JPY
Interest expenses ope cf	CurrentYearDuration	6000000	JPY
Decrease increase in trade receivables and contract assets ope cf	Prior1YearDuration	-175000000	JPY
Decrease increase in trade receivables and contract assets ope cf	CurrentYearDuration	-256000000	JPY
Decrease increase in inventories ope cf	Prior1YearDuration	36000000	JPY
Decrease increase in inventories ope cf	CurrentYearDuration	-1000000	JPY
Increase decrease in notes and accounts payable trade ope cf	Prior1YearDuration	43000000	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 2022-12-31	pass rounding
balance sheet identity	consolidated 2023-12-31	pass rounding
balance sheet identity	non_consolidated 2022-12-31	pass rounding
balance sheet identity	non_consolidated 2023-12-31	pass
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2021-12-31	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	non_consolidated 2021-12-31	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 income attributable to parent	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · operating cash flow	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · operating cash flow	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · revenue	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	non_consolidated 2022-01-01/2022-12-31	pass
statement vs summary · revenue	non_consolidated 2023-01-01/2023-12-31	pass
statement vs summary · total assets	consolidated 2022-12-31	pass
statement vs summary · total assets	consolidated 2023-12-31	pass
statement vs summary · total assets	non_consolidated 2022-12-31	pass
statement vs summary · total assets	non_consolidated 2023-12-31	pass