Annual report

Period2025-01-01 → 2025-12-31
Filed2026-03-30
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 137
MetricValuePeriodScopeSource row
Revenue¥4.4bn2025-01-01 → 2025-12-31Cons.Net sales
Revenue¥4.5bn2024-01-01 → 2024-12-31Cons.Net sales
Revenue¥4.3bn2023-01-01 → 2023-12-31vCons.Net sales (5-year summary)
Revenue¥2.7bn2022-01-01 → 2022-12-31vCons.Net sales (5-year summary)
Revenue¥2.3bn2021-01-01 → 2021-12-31dCons.Net sales (5-year summary)
Operating income¥29m2025-01-01 → 2025-12-31Cons.Operating income
Operating income−¥29m2024-01-01 → 2024-12-31Cons.Operating income
Ordinary income¥39m2025-01-01 → 2025-12-31Cons.Ordinary income
Ordinary income¥6m2024-01-01 → 2024-12-31Cons.Ordinary income
Ordinary income¥12m2023-01-01 → 2023-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income−¥127m2022-01-01 → 2022-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income−¥26m2021-01-01 → 2021-12-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥39m2025-01-01 → 2025-12-31Cons.Income before income taxes
Profit before tax−¥114m2024-01-01 → 2024-12-31Cons.Income before income taxes
Net income (owners)¥30m2025-01-01 → 2025-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥172m2024-01-01 → 2024-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥22m2023-01-01 → 2023-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥286m2022-01-01 → 2022-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥102m2021-01-01 → 2021-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥30m2025-01-01 → 2025-12-31Cons.Profit loss
Net income−¥162m2024-01-01 → 2024-12-31Cons.Profit loss
Total assets¥4.3bnat 2025-12-31Cons.Assets
Total assets¥4.4bnat 2024-12-31Cons.Assets
Total assets¥4.4bnat 2023-12-31vCons.Total assets (5-year summary)
Total assets¥5.2bnat 2022-12-31vCons.Total assets (5-year summary)
Total assets¥4.4bnat 2021-12-31dCons.Total assets (5-year summary)
Total liabilities¥1.3bnat 2025-12-31Cons.Liabilities
Total liabilities¥1.5bnat 2024-12-31Cons.Liabilities
Net assets / equity¥3.0bnat 2025-12-31Cons.Net assets
Net assets / equity¥3.0bnat 2024-12-31Cons.Net assets
Net assets / equity¥3.2bnat 2023-12-31vCons.Net assets
Net assets / equity¥3.3bnat 2022-12-31vCons.Net assets (5-year summary)
Net assets / equity¥3.3bnat 2021-12-31dCons.Net assets (5-year summary)
Cash and deposits¥3.0bnat 2025-12-31Cons.Cash and deposits
Cash and deposits¥2.9bnat 2024-12-31Cons.Cash and deposits
Cash & equivalents¥2.0bnat 2025-12-31Cons.Cash and cash equivalents
Cash & equivalents¥1.9bnat 2024-12-31Cons.Cash and cash equivalents
Cash & equivalents¥1.7bnat 2023-12-31vCons.Cash and cash equivalents
Cash & equivalents¥3.3bnat 2022-12-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥3.0bnat 2021-12-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥287m2025-01-01 → 2025-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥217m2024-01-01 → 2024-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥78m2023-01-01 → 2023-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥128m2022-01-01 → 2022-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥16m2021-01-01 → 2021-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥23m2025-01-01 → 2025-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥129m2024-01-01 → 2024-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥819m2023-01-01 → 2023-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥447m2022-01-01 → 2022-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥581m2021-01-01 → 2021-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥198m2025-01-01 → 2025-12-31Cons.Net cash provided by used in financing activities
Financing cash flow¥111m2024-01-01 → 2024-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥909m2023-01-01 → 2023-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥505m2022-01-01 → 2022-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥852m2021-01-01 → 2021-12-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥1.752025-01-01 → 2025-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-10.172024-01-01 → 2024-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-1.292023-01-01 → 2023-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-17.232022-01-01 → 2022-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-6.412021-01-01 → 2021-12-31dCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥1.722025-01-01 → 2025-12-31Cons.Diluted earnings per share (5-year summary)
Net assets per share¥175.35at 2025-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥174.36at 2024-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥186.86at 2023-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥190.55at 2022-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥200.58at 2021-12-31dCons.Net assets per share (5-year summary)
Equity ratio69.9%at 2025-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio66.9%at 2024-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio72.1%at 2023-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio60.8%at 2022-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio75.3%at 2021-12-31dCons.Equity to asset ratio (5-year summary)
ROE1.0%2025-01-01 → 2025-12-31Cons.Rate of return on equity (5-year summary)
Employees132at 2025-12-31Cons.Number of employees
Employees127at 2024-12-31Cons.Number of employees
Employees132at 2023-12-31vCons.Number of employees
Employees126at 2022-12-31vCons.Number of employees
Employees116at 2021-12-31dCons.Number of employees
Revenue¥2.2bn2025-01-01 → 2025-12-31StandaloneNet sales
Revenue¥2.2bn2024-01-01 → 2024-12-31StandaloneNet sales
Revenue¥2.0bn2023-01-01 → 2023-12-31vStandaloneNet sales (5-year summary)
Revenue¥2.0bn2022-01-01 → 2022-12-31vStandaloneNet sales (5-year summary)
Revenue¥2.1bn2021-01-01 → 2021-12-31dStandaloneNet sales (5-year summary)
Operating income¥45m2025-01-01 → 2025-12-31StandaloneOperating income
Operating income−¥1m2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income¥47m2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income¥10m2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income−¥34m2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥133m2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥90m2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥48m2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax−¥112m2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income¥52m2025-01-01 → 2025-12-31StandaloneProfit loss
Net income−¥127m2024-01-01 → 2024-12-31StandaloneProfit loss
Net income−¥26m2023-01-01 → 2023-12-31vStandaloneNet income loss (5-year summary)
Net income−¥260m2022-01-01 → 2022-12-31vStandaloneNet income loss (5-year summary)
Net income−¥126m2021-01-01 → 2021-12-31dStandaloneNet income loss (5-year summary)
Total assets¥4.2bnat 2025-12-31StandaloneAssets
Total assets¥4.3bnat 2024-12-31StandaloneAssets
Total assets¥4.0bnat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥4.6bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥4.2bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥2.0bnat 2025-12-31StandaloneLiabilities
Total liabilities¥2.2bnat 2024-12-31StandaloneLiabilities
Net assets / equity¥2.2bnat 2025-12-31StandaloneNet assets
Net assets / equity¥2.1bnat 2024-12-31StandaloneNet assets
Net assets / equity¥2.2bnat 2023-12-31vStandaloneNet assets
Net assets / equity¥2.2bnat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥2.4bnat 2021-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥2.3bnat 2025-12-31StandaloneCash and deposits
Cash and deposits¥2.3bnat 2024-12-31StandaloneCash and deposits
EPS (basic)¥3.052025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-7.52024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-1.532023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-15.692022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-7.952021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥32025-01-01 → 2025-12-31StandaloneDiluted earnings per share (5-year summary)
Net assets per share¥126.48at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥123.39at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥130.81at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥132.3at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥148.36at 2021-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio51.5%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio49.1%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio55.1%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio48.1%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio57.5%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE2.4%2025-01-01 → 2025-12-31StandaloneRate of return on equity (5-year summary)
Shares issued17,016,481at 2025-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued16,965,231at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued16,865,731at 2023-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued16,700,429at 2022-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued16,364,681at 2021-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees49at 2025-12-31StandaloneNumber of employees
Employees47at 2024-12-31StandaloneNumber of employees
Employees47at 2023-12-31vStandaloneNumber of employees
Employees54at 2022-12-31vStandaloneNumber of employees
Employees63at 2021-12-31dStandaloneNumber 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.

Segments · 43
SegmentItemPeriodValue
Reconciling Itemsreconcilingcapex2025-01-01 → 2025-12-31¥12m
Reconciling Itemsreconcilingdepreciation2025-01-01 → 2025-12-31¥8m
Reconciling Itemsreconcilingsegment assetsat 2025-12-31¥2.9bn
Cloud Segmentreportable segmentcapex2025-01-01 → 2025-12-31¥0
Cloud Segmentreportable segmentrevenue2025-01-01 → 2025-12-31¥446m
Cloud Segmentreportable segmentrevenue external2025-01-01 → 2025-12-31¥446m
Cloud Segmentreportable segmentsegment assetsat 2025-12-31¥56m
Cloud Segmentreportable segmentsegment profit2025-01-01 → 2025-12-31¥121m
Professional Segmentreportable segmentcapex2025-01-01 → 2025-12-31¥4m
Professional Segmentreportable segmentdepreciation2025-01-01 → 2025-12-31¥10m
Professional Segmentreportable segmentrevenue2025-01-01 → 2025-12-31¥3.9bn
Professional Segmentreportable segmentrevenue external2025-01-01 → 2025-12-31¥3.9bn
Professional Segmentreportable segmentsegment assetsat 2025-12-31¥1.3bn
Professional Segmentreportable segmentsegment profit2025-01-01 → 2025-12-31−¥92m
Professional Segment Cloud Segmentreportable segmentemployeesat 2025-12-31109 pure
—segment totalcapex2025-01-01 → 2025-12-31¥4m
—segment totaldepreciation2025-01-01 → 2025-12-31¥10m
—segment totalemployeesat 2025-12-31109 pure
—segment totalrevenue2025-01-01 → 2025-12-31¥4.4bn
—segment totalrevenue external2025-01-01 → 2025-12-31¥4.4bn
—segment totalsegment assetsat 2025-12-31¥1.3bn
—segment totalsegment profit2025-01-01 → 2025-12-31¥29m
Reconciling Itemsreconcilingcapex2024-01-01 → 2024-12-31¥13m
Reconciling Itemsreconcilingdepreciation2024-01-01 → 2024-12-31¥7m
Reconciling Itemsreconcilingsegment assetsat 2024-12-31¥2.9bn
Cloud Segmentreportable segmentrevenue2024-01-01 → 2024-12-31¥335m
Cloud Segmentreportable segmentrevenue external2024-01-01 → 2024-12-31¥335m
Cloud Segmentreportable segmentsegment assetsat 2024-12-31¥58m
Cloud Segmentreportable segmentsegment profit2024-01-01 → 2024-12-31−¥29m
Professional Segmentreportable segmentcapex2024-01-01 → 2024-12-31¥35m
Professional Segmentreportable segmentdepreciation2024-01-01 → 2024-12-31¥140m
Professional Segmentreportable segmentrevenue2024-01-01 → 2024-12-31¥4.2bn
Professional Segmentreportable segmentrevenue external2024-01-01 → 2024-12-31¥4.2bn
Professional Segmentreportable segmentsegment assetsat 2024-12-31¥1.5bn
Professional Segmentreportable segmentsegment profit2024-01-01 → 2024-12-31¥32,000
—segment totalcapex2024-01-01 → 2024-12-31¥35m
—segment totaldepreciation2024-01-01 → 2024-12-31¥140m
—segment totalrevenue2024-01-01 → 2024-12-31¥4.5bn
—segment totalrevenue external2024-01-01 → 2024-12-31¥4.5bn
—segment totalsegment assetsat 2024-12-31¥1.6bn
—segment totalsegment profit2024-01-01 → 2024-12-31−¥29m
Professional Segment Cloud Segmentreportable segmentemployeesat 2025-12-3126 pure
—segment totalemployeesat 2025-12-3126 pure

Segment names come from EDINET member IDs; not yet mapped to a common taxonomy.

All source rows · 1,315
ItemContextValueUnit
Total assets (5-year summary)Prior4YearInstant4357357000JPY
Total assets (5-year summary)Prior3YearInstant5236512000JPY
Total assets (5-year summary)Prior2YearInstant4369488000JPY
Total assets (5-year summary)Prior1YearInstant4418499000JPY
Total assets (5-year summary)CurrentYearInstant4269618000JPY
Net assets per share (5-year summary)Prior4YearInstant200.58
Net assets per share (5-year summary)Prior3YearInstant190.55
Net assets per share (5-year summary)Prior2YearInstant186.86
Net assets per share (5-year summary)Prior1YearInstant174.36
Net assets per share (5-year summary)CurrentYearInstant175.35
Basic earnings loss per share (5-year summary)Prior4YearDuration-6.41
Basic earnings loss per share (5-year summary)Prior3YearDuration-17.23
Basic earnings loss per share (5-year summary)Prior2YearDuration-1.29
Basic earnings loss per share (5-year summary)Prior1YearDuration-10.17
Basic earnings loss per share (5-year summary)CurrentYearDuration1.75
Diluted earnings per share (5-year summary)Prior4YearDuration-
Diluted earnings per share (5-year summary)Prior3YearDuration-
Diluted earnings per share (5-year summary)Prior2YearDuration-
Diluted earnings per share (5-year summary)Prior1YearDuration-
Diluted earnings per share (5-year summary)CurrentYearDuration1.72
Equity to asset ratio (5-year summary)Prior4YearInstant0.753
Equity to asset ratio (5-year summary)Prior3YearInstant0.608
Equity to asset ratio (5-year summary)Prior2YearInstant0.721
Equity to asset ratio (5-year summary)Prior1YearInstant0.669
Equity to asset ratio (5-year summary)CurrentYearInstant0.699
Rate of return on equity (5-year summary)Prior4YearDuration-
Rate of return on equity (5-year summary)Prior3YearDuration-
Rate of return on equity (5-year summary)Prior2YearDuration-
Rate of return on equity (5-year summary)Prior1YearDuration-
Rate of return on equity (5-year summary)CurrentYearDuration0.010
Price earnings ratio (5-year summary)Prior4YearDuration-
Price earnings ratio (5-year summary)Prior3YearDuration-
Price earnings ratio (5-year summary)Prior2YearDuration-
Price earnings ratio (5-year summary)Prior1YearDuration-
Price earnings ratio (5-year summary)CurrentYearDuration98.86
Net cash provided by used in operating activities (5-year summary)Prior4YearDuration16450000JPY
Net cash provided by used in operating activities (5-year summary)Prior3YearDuration127638000JPY
Net cash provided by used in operating activities (5-year summary)Prior2YearDuration78488000JPY
Net cash provided by used in operating activities (5-year summary)Prior1YearDuration216621000JPY
Net cash provided by used in operating activities (5-year summary)CurrentYearDuration287090000JPY
Net cash provided by used in investing activities (5-year summary)Prior4YearDuration-580889000JPY
Net cash provided by used in investing activities (5-year summary)Prior3YearDuration-446695000JPY
Net cash provided by used in investing activities (5-year summary)Prior2YearDuration-819046000JPY
Net cash provided by used in investing activities (5-year summary)Prior1YearDuration-129457000JPY
Net cash provided by used in investing activities (5-year summary)CurrentYearDuration-23043000JPY
Net cash provided by used in financing activities (5-year summary)Prior4YearDuration852038000JPY
Net cash provided by used in financing activities (5-year summary)Prior3YearDuration505188000JPY
Net cash provided by used in financing activities (5-year summary)Prior2YearDuration-908597000JPY
Net cash provided by used in financing activities (5-year summary)Prior1YearDuration110939000JPY
Net cash provided by used in financing activities (5-year summary)CurrentYearDuration-198261000JPY

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 identityconsolidated 2024-12-31pass rounding
balance sheet identityconsolidated 2025-12-31pass
balance sheet identitynon_consolidated 2024-12-31pass
balance sheet identitynon_consolidated 2025-12-31pass
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2023-12-31pass
statement vs summary · net assetsconsolidated 2024-12-31pass
statement vs summary · net assetsconsolidated 2025-12-31pass
statement vs summary · net assetsnon_consolidated 2023-12-31pass
statement vs summary · net assetsnon_consolidated 2024-12-31pass
statement vs summary · net assetsnon_consolidated 2025-12-31pass
statement vs summary · net income attributable to parentconsolidated 2024-01-01/2024-12-31pass
statement vs summary · net income attributable to parentconsolidated 2025-01-01/2025-12-31pass
statement vs summary · operating cash flowconsolidated 2024-01-01/2024-12-31pass
statement vs summary · operating cash flowconsolidated 2025-01-01/2025-12-31pass
statement vs summary · revenueconsolidated 2024-01-01/2024-12-31pass
statement vs summary · revenueconsolidated 2025-01-01/2025-12-31pass
statement vs summary · revenuenon_consolidated 2024-01-01/2024-12-31pass
statement vs summary · revenuenon_consolidated 2025-01-01/2025-12-31pass
statement vs summary · total assetsconsolidated 2024-12-31pass
statement vs summary · total assetsconsolidated 2025-12-31pass
statement vs summary · total assetsnon_consolidated 2024-12-31pass
statement vs summary · total assetsnon_consolidated 2025-12-31pass