Annual report

Period2023-01-01 → 2023-12-31

Filed2024-03-29

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 121

Metric	Value	Period	Scope	Source row
Revenue	¥3.2bn	2023-01-01 → 2023-12-31	Cons.	Net sales
Revenue	¥2.9bn	2022-01-01 → 2022-12-31	Cons.	Net sales
Revenue	¥1.0bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Operating income	−¥659m	2023-01-01 → 2023-12-31	Cons.	Operating income
Operating income	−¥312m	2022-01-01 → 2022-12-31	Cons.	Operating income
Ordinary income	−¥687m	2023-01-01 → 2023-12-31	Cons.	Ordinary income
Ordinary income	−¥308m	2022-01-01 → 2022-12-31	Cons.	Ordinary income
Ordinary income	¥14m	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	−¥749m	2023-01-01 → 2023-12-31	Cons.	Income before income taxes
Profit before tax	−¥964m	2022-01-01 → 2022-12-31	Cons.	Income before income taxes
Net income (owners)	−¥650m	2023-01-01 → 2023-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥909m	2022-01-01 → 2022-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥11m	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	−¥657m	2023-01-01 → 2023-12-31	Cons.	Profit loss
Net income	−¥909m	2022-01-01 → 2022-12-31	Cons.	Profit loss
Total assets	¥3.3bn	at 2023-12-31	Cons.	Assets
Total assets	¥3.8bn	at 2022-12-31	Cons.	Assets
Total assets	¥2.4bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥2.8bn	at 2023-12-31	Cons.	Liabilities
Total liabilities	¥3.4bn	at 2022-12-31	Cons.	Liabilities
Net assets / equity	¥468m	at 2023-12-31	Cons.	Net assets
Net assets / equity	¥432m	at 2022-12-31	Cons.	Net assets
Net assets / equity	¥1.3bn	at 2021-12-31^d	Cons.	Net assets
Cash and deposits	¥821m	at 2023-12-31	Cons.	Cash and deposits
Cash and deposits	¥1.1bn	at 2022-12-31	Cons.	Cash and deposits
Cash & equivalents	¥803m	at 2023-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥1.0bn	at 2022-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥1.4bn	at 2021-12-31^d	Cons.	Cash and cash equivalents
Operating cash flow	−¥387m	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥318m	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥788,000	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥56m	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥263m	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥495m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	¥238m	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥163m	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥497m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥-43.65	2023-01-01 → 2023-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-63.32	2022-01-01 → 2022-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥0.79	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥0.76	2021-01-01 → 2021-12-31^d	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥29.78	at 2023-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥29.26	at 2022-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥91.59	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	13.7%	at 2023-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	11.1%	at 2022-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	54.1%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	0.9%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	263	at 2023-12-31	Cons.	Number of employees
Employees	190	at 2022-12-31	Cons.	Number of employees
Employees	52	at 2021-12-31^d	Cons.	Number of employees
Revenue	¥704m	2023-01-01 → 2023-12-31	Standalone	Net sales
Revenue	¥964m	2022-01-01 → 2022-12-31	Standalone	Net sales
Revenue	¥979m	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥763m	2020-01-01 → 2020-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥311m	2019-01-01 → 2019-12-31^d	Standalone	Net sales (5-year summary)
Operating income	−¥234m	2023-01-01 → 2023-12-31	Standalone	Operating income
Operating income	−¥38m	2022-01-01 → 2022-12-31	Standalone	Operating income
Ordinary income	−¥292m	2023-01-01 → 2023-12-31	Standalone	Ordinary income
Ordinary income	−¥61m	2022-01-01 → 2022-12-31	Standalone	Ordinary income
Ordinary income	¥55m	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥148m	2020-01-01 → 2020-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥139m	2019-01-01 → 2019-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	−¥367m	2023-01-01 → 2023-12-31	Standalone	Income before income taxes
Profit before tax	−¥817m	2022-01-01 → 2022-12-31	Standalone	Income before income taxes
Net income	−¥369m	2023-01-01 → 2023-12-31	Standalone	Profit loss
Net income	−¥819m	2022-01-01 → 2022-12-31	Standalone	Profit loss
Net income	¥53m	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥147m	2020-01-01 → 2020-12-31^d	Standalone	Net income loss (5-year summary)
Net income	−¥139m	2019-01-01 → 2019-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥3.3bn	at 2023-12-31	Standalone	Assets
Total assets	¥3.6bn	at 2022-12-31	Standalone	Assets
Total assets	¥2.4bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥1.9bn	at 2020-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥1.1bn	at 2019-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥2.4bn	at 2023-12-31	Standalone	Liabilities
Total liabilities	¥3.0bn	at 2022-12-31	Standalone	Liabilities
Net assets / equity	¥879m	at 2023-12-31	Standalone	Net assets
Net assets / equity	¥562m	at 2022-12-31	Standalone	Net assets
Net assets / equity	¥1.4bn	at 2021-12-31^d	Standalone	Net assets
Net assets / equity	¥1.2bn	at 2020-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥626m	at 2019-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥380m	at 2023-12-31	Standalone	Cash and deposits
Cash and deposits	¥503m	at 2022-12-31	Standalone	Cash and deposits
Cash & equivalents	¥1.4bn	at 2020-12-31^d	Standalone	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥826m	at 2019-12-31^d	Standalone	Cash and cash equivalents (5-year summary)
Operating cash flow	¥138m	2020-01-01 → 2020-12-31^d	Standalone	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥199m	2019-01-01 → 2019-12-31^d	Standalone	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥142m	2020-01-01 → 2020-12-31^d	Standalone	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥46m	2019-01-01 → 2019-12-31^d	Standalone	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	¥603m	2020-01-01 → 2020-12-31^d	Standalone	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥861m	2019-01-01 → 2019-12-31^d	Standalone	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥-24.8	2023-01-01 → 2023-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-57.07	2022-01-01 → 2022-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥3.72	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥10.85	2020-01-01 → 2020-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-10.59	2019-01-01 → 2019-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥3.56	2021-01-01 → 2021-12-31^d	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥10.12	2020-01-01 → 2020-12-31^d	Standalone	Diluted earnings per share (5-year summary)
Net assets per share	¥56.97	at 2023-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥38.24	at 2022-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥94.5	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥86.09	at 2020-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥-30.85	at 2019-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	26.2%	at 2023-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	15.4%	at 2022-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	55.6%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	62.8%	at 2020-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	59.2%	at 2019-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	4.1%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	16.1%	2020-01-01 → 2020-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	15,150,199	at 2023-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	14,439,199	at 2022-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	14,296,200	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	14,013,200	at 2020-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	10,114	at 2019-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	52	at 2023-12-31	Standalone	Number of employees
Employees	46	at 2022-12-31	Standalone	Number of employees
Employees	45	at 2021-12-31^d	Standalone	Number of employees
Employees	38	at 2020-12-31^d	Standalone	Number of employees
Employees	25	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 · 1,320

Item	Context	Value	Unit
Restated balance	Prior1YearInstant_ValuationAndTranslationAdjustmentsMember	1673000	JPY
Restated balance	Prior1YearInstant_SubscriptionRightsToSharesMember	9907000	JPY
Restated balance	Prior1YearInstant_NonControllingInterestsMember	0	JPY
Restated balance	Prior1YearInstant	432443000	JPY
Issuance of new shares	CurrentYearDuration	680511000	JPY
Profit loss attributable to owners of parent	CurrentYearDuration	-650123000	JPY
Purchase of treasury stock	CurrentYearDuration	-33000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_ValuationDifferenceOnAvailableForSaleSecuritiesMember	-1673000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_ForeignCurrencyTranslationAdjustmentMember	-14000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_ValuationAndTranslationAdjustmentsMember	-1687000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_SubscriptionRightsToSharesMember	5477000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_NonControllingInterestsMember	1321000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration	5110000	JPY
Total changes of items during the period	CurrentYearDuration_ValuationDifferenceOnAvailableForSaleSecuritiesMember	-1673000	JPY
Total changes of items during the period	CurrentYearDuration_ForeignCurrencyTranslationAdjustmentMember	-14000	JPY
Total changes of items during the period	CurrentYearDuration_ValuationAndTranslationAdjustmentsMember	-1687000	JPY
Total changes of items during the period	CurrentYearDuration_SubscriptionRightsToSharesMember	5477000	JPY
Total changes of items during the period	CurrentYearDuration_NonControllingInterestsMember	1321000	JPY
Total changes of items during the period	CurrentYearDuration	35465000	JPY
Net assets	CurrentYearInstant_ValuationDifferenceOnAvailableForSaleSecuritiesMember	－	JPY
Net assets	CurrentYearInstant_ForeignCurrencyTranslationAdjustmentMember	-14000	JPY
Net assets	CurrentYearInstant_ValuationAndTranslationAdjustmentsMember	-14000	JPY
Net assets	CurrentYearInstant_SubscriptionRightsToSharesMember	15385000	JPY
Net assets	CurrentYearInstant_NonControllingInterestsMember	1321000	JPY
Net assets	CurrentYearInstant	467908000	JPY
Income before income taxes	Prior1YearDuration	-964346000	JPY
Income before income taxes	CurrentYearDuration	-749433000	JPY
Depreciation and amortization ope cf	Prior1YearDuration	163962000	JPY
Depreciation and amortization ope cf	CurrentYearDuration	64830000	JPY
Impairment loss ope cf	Prior1YearDuration	664741000	JPY
Impairment loss ope cf	CurrentYearDuration	64674000	JPY
Amortization of goodwill ope cf	Prior1YearDuration	126235000	JPY
Amortization of goodwill ope cf	CurrentYearDuration	103879000	JPY
Interest and dividends income ope cf	Prior1YearDuration	-440000	JPY
Interest and dividends income ope cf	CurrentYearDuration	-43000	JPY
Surrender value of insurance ope cf	Prior1YearDuration	-18267000	JPY
Surrender value of insurance ope cf	CurrentYearDuration	－	JPY
Foreign exchange losses gains ope cf	Prior1YearDuration	-3290000	JPY
Foreign exchange losses gains ope cf	CurrentYearDuration	-1953000	JPY
Interest expenses ope cf	Prior1YearDuration	23086000	JPY
Interest expenses ope cf	CurrentYearDuration	23449000	JPY
Stock issuance cost ope cf	Prior1YearDuration	－	JPY
Stock issuance cost ope cf	CurrentYearDuration	8118000	JPY
Loss gain on sales of property plant and equipment ope cf	Prior1YearDuration	-8220000	JPY
Loss gain on sales of property plant and equipment ope cf	CurrentYearDuration	-909000	JPY
Decrease increase in notes and accounts receivable trade ope cf	Prior1YearDuration	-293037000	JPY
Decrease increase in notes and accounts receivable trade ope cf	CurrentYearDuration	101681000	JPY
Decrease increase in inventories ope cf	Prior1YearDuration	34037000	JPY
Decrease increase in inventories ope cf	CurrentYearDuration	-5533000	JPY
Increase decrease in notes and accounts payable trade ope cf	Prior1YearDuration	9183000	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
balance sheet identity	consolidated 2023-12-31	pass rounding
balance sheet identity	non_consolidated 2022-12-31	pass
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