Annual report

Period2025-01-01 → 2025-12-31

Filed2026-03-30

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 137

Metric	Value	Period	Scope	Source row
Revenue	¥3.3bn	2025-01-01 → 2025-12-31	Cons.	Net sales
Revenue	¥3.6bn	2024-01-01 → 2024-12-31	Cons.	Net sales
Revenue	¥3.2bn	2023-01-01 → 2023-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥2.9bn	2022-01-01 → 2022-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥1.0bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Operating income	−¥7m	2025-01-01 → 2025-12-31	Cons.	Operating income
Operating income	¥36m	2024-01-01 → 2024-12-31	Cons.	Operating income
Ordinary income	−¥47m	2025-01-01 → 2025-12-31	Cons.	Ordinary income
Ordinary income	¥12m	2024-01-01 → 2024-12-31	Cons.	Ordinary income
Ordinary income	−¥687m	2023-01-01 → 2023-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	−¥308m	2022-01-01 → 2022-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥14m	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	−¥53m	2025-01-01 → 2025-12-31	Cons.	Income before income taxes
Profit before tax	¥12m	2024-01-01 → 2024-12-31	Cons.	Income before income taxes
Net income (owners)	−¥116m	2025-01-01 → 2025-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥61m	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥650m	2023-01-01 → 2023-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	−¥909m	2022-01-01 → 2022-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥11m	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	−¥108m	2025-01-01 → 2025-12-31	Cons.	Profit loss
Net income	−¥63m	2024-01-01 → 2024-12-31	Cons.	Profit loss
Total assets	¥4.2bn	at 2025-12-31	Cons.	Assets
Total assets	¥3.0bn	at 2024-12-31	Cons.	Assets
Total assets	¥3.3bn	at 2023-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥3.8bn	at 2022-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥2.4bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥2.3bn	at 2025-12-31	Cons.	Liabilities
Total liabilities	¥2.4bn	at 2024-12-31	Cons.	Liabilities
Net assets / equity	¥1.9bn	at 2025-12-31	Cons.	Net assets
Net assets / equity	¥614m	at 2024-12-31	Cons.	Net assets
Net assets / equity	¥468m	at 2023-12-31^v	Cons.	Net assets
Net assets / equity	¥432m	at 2022-12-31^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥1.3bn	at 2021-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥2.2bn	at 2025-12-31	Cons.	Cash and deposits
Cash and deposits	¥670m	at 2024-12-31	Cons.	Cash and deposits
Cash & equivalents	¥2.2bn	at 2025-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥659m	at 2024-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥803m	at 2023-12-31^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥1.0bn	at 2022-12-31^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥1.4bn	at 2021-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥150m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥195m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥387m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥318m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
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	−¥29m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	¥5m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥56m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥263m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
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	¥1.4bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥344m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥238m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥163m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
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)	¥-7.29	2025-01-01 → 2025-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-3.97	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-43.65	2023-01-01 → 2023-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-63.32	2022-01-01 → 2022-12-31^v	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	¥107.78	at 2025-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥38.78	at 2024-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥29.78	at 2023-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥29.26	at 2022-12-31^v	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	44.1%	at 2025-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	20.0%	at 2024-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	13.7%	at 2023-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	11.1%	at 2022-12-31^v	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	204	at 2025-12-31	Cons.	Number of employees
Employees	219	at 2024-12-31	Cons.	Number of employees
Employees	263	at 2023-12-31^v	Cons.	Number of employees
Employees	190	at 2022-12-31^v	Cons.	Number of employees
Employees	52	at 2021-12-31^d	Cons.	Number of employees
Revenue	¥454m	2025-01-01 → 2025-12-31	Standalone	Net sales
Revenue	¥628m	2024-01-01 → 2024-12-31	Standalone	Net sales
Revenue	¥704m	2023-01-01 → 2023-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥964m	2022-01-01 → 2022-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥979m	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Operating income	−¥241m	2025-01-01 → 2025-12-31	Standalone	Operating income
Operating income	−¥175m	2024-01-01 → 2024-12-31	Standalone	Operating income
Ordinary income	−¥276m	2025-01-01 → 2025-12-31	Standalone	Ordinary income
Ordinary income	−¥191m	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	−¥292m	2023-01-01 → 2023-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥61m	2022-01-01 → 2022-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥55m	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	−¥283m	2025-01-01 → 2025-12-31	Standalone	Income before income taxes
Profit before tax	−¥198m	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Net income	−¥221m	2025-01-01 → 2025-12-31	Standalone	Profit loss
Net income	−¥169m	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	−¥369m	2023-01-01 → 2023-12-31^v	Standalone	Net income loss (5-year summary)
Net income	−¥819m	2022-01-01 → 2022-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥53m	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥4.0bn	at 2025-12-31	Standalone	Assets
Total assets	¥3.0bn	at 2024-12-31	Standalone	Assets
Total assets	¥3.3bn	at 2023-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥3.6bn	at 2022-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥2.4bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥1.9bn	at 2025-12-31	Standalone	Liabilities
Total liabilities	¥2.1bn	at 2024-12-31	Standalone	Liabilities
Net assets / equity	¥2.1bn	at 2025-12-31	Standalone	Net assets
Net assets / equity	¥918m	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥879m	at 2023-12-31^v	Standalone	Net assets
Net assets / equity	¥562m	at 2022-12-31^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥1.4bn	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥1.4bn	at 2025-12-31	Standalone	Cash and deposits
Cash and deposits	¥121m	at 2024-12-31	Standalone	Cash and deposits
EPS (basic)	¥-13.88	2025-01-01 → 2025-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-11	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-24.8	2023-01-01 → 2023-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-57.07	2022-01-01 → 2022-12-31^v	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 (diluted)	¥3.56	2021-01-01 → 2021-12-31^d	Standalone	Diluted earnings per share (5-year summary)
Net assets per share	¥119.55	at 2025-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥58.6	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥56.97	at 2023-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥38.24	at 2022-12-31^v	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)
Equity ratio	51.4%	at 2025-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	29.7%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	26.2%	at 2023-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	15.4%	at 2022-12-31^v	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)
ROE	4.1%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	17,191,031	at 2025-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	15,340,031	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	15,150,199	at 2023-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	14,439,199	at 2022-12-31^v	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)
Employees	36	at 2025-12-31	Standalone	Number of employees
Employees	42	at 2024-12-31	Standalone	Number of employees
Employees	52	at 2023-12-31^v	Standalone	Number of employees
Employees	46	at 2022-12-31^v	Standalone	Number of employees
Employees	45	at 2021-12-31^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 · 1,231

Item	Context	Value	Unit
Stocks of subsidiaries and affiliates	Prior1YearInstant_NonConsolidatedMember	2518676000	JPY
Stocks of subsidiaries and affiliates	CurrentYearInstant_NonConsolidatedMember	2312866000	JPY
Long term loans receivable from subsidiaries and affiliates	Prior1YearInstant_NonConsolidatedMember	55865000	JPY
Long term loans receivable from subsidiaries and affiliates	CurrentYearInstant_NonConsolidatedMember	53508000	JPY
Lease and guarantee deposits	Prior1YearInstant_NonConsolidatedMember	66986000	JPY
Lease and guarantee deposits	CurrentYearInstant_NonConsolidatedMember	58604000	JPY
Deferred tax assets	Prior1YearInstant_NonConsolidatedMember	31142000	JPY
Deferred tax assets	CurrentYearInstant_NonConsolidatedMember	33131000	JPY
Allowance for doubtful accounts ioa by group	Prior1YearInstant_NonConsolidatedMember	-39863000	JPY
Allowance for doubtful accounts ioa by group	CurrentYearInstant_NonConsolidatedMember	-41863000	JPY
Investments and other assets	Prior1YearInstant_NonConsolidatedMember	2632807000	JPY
Investments and other assets	CurrentYearInstant_NonConsolidatedMember	2416246000	JPY
Noncurrent assets	Prior1YearInstant_NonConsolidatedMember	2632807000	JPY
Noncurrent assets	CurrentYearInstant_NonConsolidatedMember	2416246000	JPY
Assets	Prior1YearInstant_NonConsolidatedMember	3021814000	JPY
Assets	CurrentYearInstant_NonConsolidatedMember	3995946000	JPY
Accounts payable trade	Prior1YearInstant_NonConsolidatedMember	3334000	JPY
Accounts payable trade	CurrentYearInstant_NonConsolidatedMember	777000	JPY
Short term loans payable	Prior1YearInstant_NonConsolidatedMember	700000000	JPY
Short term loans payable	CurrentYearInstant_NonConsolidatedMember	600000000	JPY
Current portion of long term loans payable	Prior1YearInstant_NonConsolidatedMember	122660000	JPY
Current portion of long term loans payable	CurrentYearInstant_NonConsolidatedMember	171512000	JPY
Accounts payable other	Prior1YearInstant_NonConsolidatedMember	35431000	JPY
Accounts payable other	CurrentYearInstant_NonConsolidatedMember	61502000	JPY
Accrued expenses	Prior1YearInstant_NonConsolidatedMember	9943000	JPY
Accrued expenses	CurrentYearInstant_NonConsolidatedMember	8269000	JPY
Income taxes payable	Prior1YearInstant_NonConsolidatedMember	2290000	JPY
Income taxes payable	CurrentYearInstant_NonConsolidatedMember	950000	JPY
Accrued consumption taxes	Prior1YearInstant_NonConsolidatedMember	7775000	JPY
Accrued consumption taxes	CurrentYearInstant_NonConsolidatedMember	－	JPY
Contract liabilities	Prior1YearInstant_NonConsolidatedMember	9793000	JPY
Contract liabilities	CurrentYearInstant_NonConsolidatedMember	8097000	JPY
Deposits received	Prior1YearInstant_NonConsolidatedMember	4758000	JPY
Deposits received	CurrentYearInstant_NonConsolidatedMember	3796000	JPY
Current liabilities	Prior1YearInstant_NonConsolidatedMember	895988000	JPY
Current liabilities	CurrentYearInstant_NonConsolidatedMember	854906000	JPY
Long term loans payable	Prior1YearInstant_NonConsolidatedMember	254680000	JPY
Long term loans payable	CurrentYearInstant_NonConsolidatedMember	158172000	JPY
Long term loans payable to subsidiaries and affiliates	Prior1YearInstant_NonConsolidatedMember	945060000	JPY
Long term loans payable to subsidiaries and affiliates	CurrentYearInstant_NonConsolidatedMember	904902000	JPY
Lease and guarantee deposits received	Prior1YearInstant_NonConsolidatedMember	7800000	JPY
Lease and guarantee deposits received	CurrentYearInstant_NonConsolidatedMember	7800000	JPY
Noncurrent liabilities	Prior1YearInstant_NonConsolidatedMember	1207540000	JPY
Noncurrent liabilities	CurrentYearInstant_NonConsolidatedMember	1070874000	JPY
Liabilities	Prior1YearInstant_NonConsolidatedMember	2103528000	JPY
Liabilities	CurrentYearInstant_NonConsolidatedMember	1925781000	JPY
Capital stock	Prior1YearInstant_NonConsolidatedMember	12254000	JPY
Capital stock	CurrentYearInstant_NonConsolidatedMember	10000000	JPY
Legal capital surplus	Prior1YearInstant_NonConsolidatedMember	1191204000	JPY
Legal capital surplus	CurrentYearInstant_NonConsolidatedMember	1082947000	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 2024-12-31	pass rounding
balance sheet identity	consolidated 2025-12-31	pass
balance sheet identity	non_consolidated 2024-12-31	pass rounding
balance sheet identity	non_consolidated 2025-12-31	pass
dei present		pass
period resolution		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	consolidated 2025-12-31	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 assets	non_consolidated 2025-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2025-01-01/2025-12-31	pass
statement vs summary · operating cash flow	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · operating cash flow	consolidated 2025-01-01/2025-12-31	pass
statement vs summary · revenue	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · revenue	consolidated 2025-01-01/2025-12-31	pass
statement vs summary · revenue	non_consolidated 2024-01-01/2024-12-31	pass
statement vs summary · revenue	non_consolidated 2025-01-01/2025-12-31	pass
statement vs summary · total assets	consolidated 2024-12-31	pass
statement vs summary · total assets	consolidated 2025-12-31	pass
statement vs summary · total assets	non_consolidated 2024-12-31	pass
statement vs summary · total assets	non_consolidated 2025-12-31	pass