Annual report

Period2025-01-01 → 2025-12-31

Filed2026-03-26

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 153

Metric	Value	Period	Scope	Source row
Revenue	¥7.7bn	2025-01-01 → 2025-12-31	Cons.	Net sales
Revenue	¥8.0bn	2024-01-01 → 2024-12-31	Cons.	Net sales
Revenue	¥7.7bn	2023-01-01 → 2023-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥6.9bn	2022-01-01 → 2022-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥5.8bn	2021-01-01 → 2021-12-31^v	Cons.	Net sales (5-year summary)
Operating income	¥445m	2025-01-01 → 2025-12-31	Cons.	Operating income
Operating income	¥560m	2024-01-01 → 2024-12-31	Cons.	Operating income
Ordinary income	¥443m	2025-01-01 → 2025-12-31	Cons.	Ordinary income
Ordinary income	¥544m	2024-01-01 → 2024-12-31	Cons.	Ordinary income
Ordinary income	¥807m	2023-01-01 → 2023-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥731m	2022-01-01 → 2022-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥493m	2021-01-01 → 2021-12-31^v	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥442m	2025-01-01 → 2025-12-31	Cons.	Income before income taxes
Profit before tax	¥547m	2024-01-01 → 2024-12-31	Cons.	Income before income taxes
Net income (owners)	¥288m	2025-01-01 → 2025-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥362m	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥540m	2023-01-01 → 2023-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥467m	2022-01-01 → 2022-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥317m	2021-01-01 → 2021-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥288m	2025-01-01 → 2025-12-31	Cons.	Profit loss
Net income	¥363m	2024-01-01 → 2024-12-31	Cons.	Profit loss
Total assets	¥6.1bn	at 2025-12-31	Cons.	Assets
Total assets	¥6.0bn	at 2024-12-31	Cons.	Assets
Total assets	¥6.4bn	at 2023-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥5.8bn	at 2022-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥5.4bn	at 2021-12-31^v	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	¥3.8bn	at 2025-12-31	Cons.	Net assets
Net assets / equity	¥3.6bn	at 2024-12-31	Cons.	Net assets
Net assets / equity	¥3.8bn	at 2023-12-31^v	Cons.	Net assets
Net assets / equity	¥3.3bn	at 2022-12-31^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥2.8bn	at 2021-12-31^v	Cons.	Net assets (5-year summary)
Cash and deposits	¥2.3bn	at 2025-12-31	Cons.	Cash and deposits
Cash and deposits	¥2.5bn	at 2024-12-31	Cons.	Cash and deposits
Cash & equivalents	¥2.3bn	at 2025-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥2.5bn	at 2024-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥2.7bn	at 2023-12-31^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥3.2bn	at 2022-12-31^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥2.6bn	at 2021-12-31^v	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥576m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥1.1bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥668m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥1.2bn	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥410m	2021-01-01 → 2021-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥551m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥563m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥1.1bn	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥359m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥301m	2021-01-01 → 2021-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥231m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥739m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥95m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥205m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥1.1bn	2021-01-01 → 2021-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥40.62	2025-01-01 → 2025-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥48.36	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥70.58	2023-01-01 → 2023-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥61.3	2022-01-01 → 2022-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥45.88	2021-01-01 → 2021-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥39.57	2025-01-01 → 2025-12-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥47.1	2024-01-01 → 2024-12-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥68.56	2023-01-01 → 2023-12-31^v	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥59.37	2022-01-01 → 2022-12-31^v	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥43.45	2021-01-01 → 2021-12-31^v	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥540.89	at 2025-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥506.34	at 2024-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥499.74	at 2023-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥426.58	at 2022-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥369.2	at 2021-12-31^v	Cons.	Net assets per share (5-year summary)
Equity ratio	61.5%	at 2025-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	59.6%	at 2024-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	59.4%	at 2023-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	56.2%	at 2022-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	51.4%	at 2021-12-31^v	Cons.	Equity to asset ratio (5-year summary)
ROE	7.8%	2025-01-01 → 2025-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	9.8%	2024-01-01 → 2024-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	15.3%	2023-01-01 → 2023-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	15.4%	2022-01-01 → 2022-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	16.2%	2021-01-01 → 2021-12-31^v	Cons.	Rate of return on equity (5-year summary)
Employees	490	at 2025-12-31	Cons.	Number of employees
Employees	453	at 2024-12-31	Cons.	Number of employees
Employees	433	at 2023-12-31^v	Cons.	Number of employees
Employees	413	at 2022-12-31^v	Cons.	Number of employees
Employees	450	at 2021-12-31^v	Cons.	Number of employees
Revenue	¥7.3bn	2025-01-01 → 2025-12-31	Standalone	Net sales
Revenue	¥7.4bn	2024-01-01 → 2024-12-31	Standalone	Net sales
Revenue	¥7.1bn	2023-01-01 → 2023-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥6.5bn	2022-01-01 → 2022-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥5.4bn	2021-01-01 → 2021-12-31^v	Standalone	Net sales (5-year summary)
Operating income	¥420m	2025-01-01 → 2025-12-31	Standalone	Operating income
Operating income	¥500m	2024-01-01 → 2024-12-31	Standalone	Operating income
Ordinary income	¥415m	2025-01-01 → 2025-12-31	Standalone	Ordinary income
Ordinary income	¥489m	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	¥739m	2023-01-01 → 2023-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥719m	2022-01-01 → 2022-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥516m	2021-01-01 → 2021-12-31^v	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥415m	2025-01-01 → 2025-12-31	Standalone	Income before income taxes
Profit before tax	¥493m	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Net income	¥264m	2025-01-01 → 2025-12-31	Standalone	Profit loss
Net income	¥322m	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	¥494m	2023-01-01 → 2023-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥478m	2022-01-01 → 2022-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥341m	2021-01-01 → 2021-12-31^v	Standalone	Net income loss (5-year summary)
Total assets	¥5.8bn	at 2025-12-31	Standalone	Assets
Total assets	¥5.7bn	at 2024-12-31	Standalone	Assets
Total assets	¥6.2bn	at 2023-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥5.6bn	at 2022-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥5.3bn	at 2021-12-31^v	Standalone	Total assets (5-year summary)
Total liabilities	¥2.3bn	at 2025-12-31	Standalone	Liabilities
Total liabilities	¥2.3bn	at 2024-12-31	Standalone	Liabilities
Net assets / equity	¥3.6bn	at 2025-12-31	Standalone	Net assets
Net assets / equity	¥3.4bn	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥3.7bn	at 2023-12-31^v	Standalone	Net assets
Net assets / equity	¥3.2bn	at 2022-12-31^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥2.8bn	at 2021-12-31^v	Standalone	Net assets (5-year summary)
Cash and deposits	¥1.9bn	at 2025-12-31	Standalone	Cash and deposits
Cash and deposits	¥2.1bn	at 2024-12-31	Standalone	Cash and deposits
EPS (basic)	¥37.29	2025-01-01 → 2025-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥42.97	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥64.59	2023-01-01 → 2023-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥62.77	2022-01-01 → 2022-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥49.33	2021-01-01 → 2021-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥36.33	2025-01-01 → 2025-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥41.85	2024-01-01 → 2024-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥62.74	2023-01-01 → 2023-12-31^v	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥60.79	2022-01-01 → 2022-12-31^v	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥46.71	2021-01-01 → 2021-12-31^v	Standalone	Diluted earnings per share (5-year summary)
Net assets per share	¥509.76	at 2025-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥480.43	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥483.94	at 2023-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥420.41	at 2022-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥363.24	at 2021-12-31^v	Standalone	Net assets per share (5-year summary)
Equity ratio	61.2%	at 2025-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	59.4%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	59.9%	at 2023-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	56.8%	at 2022-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	51.7%	at 2021-12-31^v	Standalone	Equity to asset ratio (5-year summary)
ROE	7.6%	2025-01-01 → 2025-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	9.0%	2024-01-01 → 2024-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	14.3%	2023-01-01 → 2023-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	16.1%	2022-01-01 → 2022-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	17.8%	2021-01-01 → 2021-12-31^v	Standalone	Rate of return on equity (5-year summary)
Shares issued	7,672,500	at 2025-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	7,672,500	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	7,653,500	at 2023-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	7,628,500	at 2022-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	7,580,500	at 2021-12-31^v	Standalone	Total number of issued shares (5-year summary)
Employees	423	at 2025-12-31	Standalone	Number of employees
Employees	391	at 2024-12-31	Standalone	Number of employees
Employees	363	at 2023-12-31^v	Standalone	Number of employees
Employees	344	at 2022-12-31^v	Standalone	Number of employees
Employees	380	at 2021-12-31^v	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 · 1,304

Item	Context	Value	Unit
Provision for loss on order received cl	Prior1YearInstant	27312000	JPY
Provision for loss on order received cl	CurrentYearInstant	6706000	JPY
Other cl	Prior1YearInstant	70222000	JPY
Other cl	CurrentYearInstant	65845000	JPY
Current liabilities	Prior1YearInstant	2047614000	JPY
Current liabilities	CurrentYearInstant	2070255000	JPY
Long term loans payable	Prior1YearInstant	300000000	JPY
Long term loans payable	CurrentYearInstant	200000000	JPY
Lease obligations ncl	Prior1YearInstant	8048000	JPY
Lease obligations ncl	CurrentYearInstant	4906000	JPY
Asset retirement obligations ncl	Prior1YearInstant	51813000	JPY
Asset retirement obligations ncl	CurrentYearInstant	51813000	JPY
Noncurrent liabilities	Prior1YearInstant	359861000	JPY
Noncurrent liabilities	CurrentYearInstant	256719000	JPY
Liabilities	Prior1YearInstant	2407476000	JPY
Liabilities	CurrentYearInstant	2326975000	JPY
Capital stock	Prior1YearInstant	1016488000	JPY
Capital stock	CurrentYearInstant	1016488000	JPY
Capital surplus	Prior1YearInstant	1124436000	JPY
Capital surplus	CurrentYearInstant	1124436000	JPY
Retained earnings	Prior1YearInstant	1986952000	JPY
Retained earnings	CurrentYearInstant	2274566000	JPY
Treasury stock	Prior1YearInstant	-617725000	JPY
Treasury stock	CurrentYearInstant	-737356000	JPY
Shareholders equity	Prior1YearInstant	3510153000	JPY
Shareholders equity	CurrentYearInstant	3678135000	JPY
Foreign currency translation adjustment	Prior1YearInstant	63388000	JPY
Foreign currency translation adjustment	CurrentYearInstant	72137000	JPY
Valuation and translation adjustments	Prior1YearInstant	63388000	JPY
Valuation and translation adjustments	CurrentYearInstant	72137000	JPY
Non controlling interests	Prior1YearInstant	19814000	JPY
Non controlling interests	CurrentYearInstant	20703000	JPY
Net assets	Prior1YearInstant	3593356000	JPY
Net assets	CurrentYearInstant	3770975000	JPY
Liabilities and net assets	Prior1YearInstant	6000832000	JPY
Liabilities and net assets	CurrentYearInstant	6097950000	JPY
Net sales	Prior1YearDuration	7968676000	JPY
Net sales	CurrentYearDuration	7728364000	JPY
Cost of sales	Prior1YearDuration	5530221000	JPY
Cost of sales	CurrentYearDuration	5141063000	JPY
Gross profit	Prior1YearDuration	2438455000	JPY
Gross profit	CurrentYearDuration	2587300000	JPY
Selling general and administrative expenses	Prior1YearDuration	1878330000	JPY
Selling general and administrative expenses	CurrentYearDuration	2141814000	JPY
Operating income	Prior1YearDuration	560124000	JPY
Operating income	CurrentYearDuration	445486000	JPY
Interest income noi	Prior1YearDuration	486000	JPY
Interest income noi	CurrentYearDuration	6901000	JPY
Gain on investments in partnership noi	Prior1YearDuration	－	JPY
Gain on investments in partnership noi	CurrentYearDuration	1019000	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
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 rounding
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