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
Software	Prior1YearInstant	673484000	JPY
Software	CurrentYearInstant	715537000	JPY
Software in progress	Prior1YearInstant	24291000	JPY
Software in progress	CurrentYearInstant	23347000	JPY
Content assets	Prior1YearInstant	117290000	JPY
Content assets	CurrentYearInstant	146791000	JPY
Other ia	Prior1YearInstant	39483000	JPY
Other ia	CurrentYearInstant	32883000	JPY
Intangible assets	Prior1YearInstant	1221689000	JPY
Intangible assets	CurrentYearInstant	1251231000	JPY
Investment securities	Prior1YearInstant	712643000	JPY
Investment securities	CurrentYearInstant	705933000	JPY
Ioa guarantee money paid deposits	Prior1YearInstant	306708000	JPY
Ioa guarantee money paid deposits	CurrentYearInstant	313242000	JPY
Deferred tax assets	Prior1YearInstant	28786000	JPY
Deferred tax assets	CurrentYearInstant	31752000	JPY
Long term accounts receivable other	Prior1YearInstant	37070000	JPY
Long term accounts receivable other	CurrentYearInstant	31070000	JPY
Other ioa	Prior1YearInstant	22624000	JPY
Other ioa	CurrentYearInstant	20010000	JPY
Investments and other assets	Prior1YearInstant	1107833000	JPY
Investments and other assets	CurrentYearInstant	1102009000	JPY
Noncurrent assets	Prior1YearInstant	2508110000	JPY
Noncurrent assets	CurrentYearInstant	2512978000	JPY
Business commencement expenses da	Prior1YearInstant	－	JPY
Business commencement expenses da	CurrentYearInstant	33876000	JPY
Deferred assets	Prior1YearInstant	－	JPY
Deferred assets	CurrentYearInstant	33876000	JPY
Assets	Prior1YearInstant	6000832000	JPY
Assets	CurrentYearInstant	6097950000	JPY
Accounts payable trade	Prior1YearInstant	331767000	JPY
Accounts payable trade	CurrentYearInstant	267931000	JPY
Short term loans payable	Prior1YearInstant	600000000	JPY
Short term loans payable	CurrentYearInstant	600000000	JPY
Current portion of long term loans payable	Prior1YearInstant	100000000	JPY
Current portion of long term loans payable	CurrentYearInstant	100000000	JPY
Lease obligations cl	Prior1YearInstant	10902000	JPY
Lease obligations cl	CurrentYearInstant	3141000	JPY
Accounts payable other	Prior1YearInstant	141771000	JPY
Accounts payable other	CurrentYearInstant	147156000	JPY
Accrued expenses	Prior1YearInstant	88493000	JPY
Accrued expenses	CurrentYearInstant	90585000	JPY
Income taxes payable	Prior1YearInstant	84404000	JPY
Income taxes payable	CurrentYearInstant	87436000	JPY
Accrued consumption taxes	Prior1YearInstant	86539000	JPY
Accrued consumption taxes	CurrentYearInstant	110659000	JPY
Contract liabilities	Prior1YearInstant	461302000	JPY
Contract liabilities	CurrentYearInstant	539641000	JPY
Provision for bonuses	Prior1YearInstant	44897000	JPY
Provision for bonuses	CurrentYearInstant	51149000	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