Annual report

Period2025-01-01 → 2025-12-31
Filed2026-03-26
StandardIFRS
ConsolidatedYes
Data checks21 of 21 passed
Key figures · 140
MetricValuePeriodScopeSource row
Revenue¥43.7bn2025-01-01 → 2025-12-31Cons.Revenue IFRS
Revenue¥34.1bn2024-01-01 → 2024-12-31Cons.Revenue IFRS
Revenue¥26.4bn2023-01-01 → 2023-12-31vCons.Revenue IFRS (5-year summary)
Revenue¥19.4bn2022-01-01 → 2022-12-31vCons.Revenue IFRS (5-year summary)
Revenue¥12.7bn2021-01-01 → 2021-12-31dCons.Revenue IFRS (5-year summary)
Operating income¥3.0bn2025-01-01 → 2025-12-31Cons.Operating profit loss IFRS
Operating income¥2.0bn2024-01-01 → 2024-12-31Cons.Operating profit loss IFRS
Profit before tax¥2.7bn2025-01-01 → 2025-12-31Cons.Profit loss before tax IFRS
Profit before tax¥2.1bn2024-01-01 → 2024-12-31Cons.Profit loss before tax IFRS
Profit before tax¥1.1bn2023-01-01 → 2023-12-31vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax¥111m2022-01-01 → 2022-12-31vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax−¥1.2bn2021-01-01 → 2021-12-31dCons.Profit loss before tax IFRS (5-year summary)
Net income (owners)¥2.6bn2025-01-01 → 2025-12-31Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥2.9bn2024-01-01 → 2024-12-31Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥1.0bn2023-01-01 → 2023-12-31vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥21m2022-01-01 → 2022-12-31vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)−¥1.2bn2021-01-01 → 2021-12-31dCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income¥2.6bn2025-01-01 → 2025-12-31Cons.Profit loss IFRS
Net income¥2.9bn2024-01-01 → 2024-12-31Cons.Profit loss IFRS
Total assets¥60.5bnat 2025-12-31Cons.Assets IFRS
Total assets¥44.6bnat 2024-12-31Cons.Assets IFRS
Total assets¥37.9bnat 2023-12-31vCons.Total assets IFRS (5-year summary)
Total assets¥35.9bnat 2022-12-31vCons.Total assets IFRS (5-year summary)
Total assets¥31.2bnat 2021-12-31dCons.Total assets IFRS (5-year summary)
Total liabilities¥23.3bnat 2025-12-31Cons.Liabilities IFRS
Total liabilities¥10.3bnat 2024-12-31Cons.Liabilities IFRS
Net assets / equity¥37.1bnat 2025-12-31Cons.Equity IFRS
Net assets / equity¥34.3bnat 2024-12-31Cons.Equity IFRS
Net assets / equity¥29.1bnat 2023-12-31vCons.Equity IFRS
Equity (owners)¥37.1bnat 2025-12-31Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥34.3bnat 2024-12-31Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥29.1bnat 2023-12-31vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥26.2bnat 2022-12-31vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥22.8bnat 2021-12-31dCons.Equity attributable to owners of parent IFRS (5-year summary)
Cash & equivalents¥11.7bnat 2025-12-31Cons.Cash and cash equivalents IFRS
Cash & equivalents¥5.5bnat 2024-12-31Cons.Cash and cash equivalents IFRS
Cash & equivalents¥6.1bnat 2023-12-31vCons.Cash and cash equivalents IFRS
Cash & equivalents¥3.8bnat 2022-12-31vCons.Cash and cash equivalents IFRS (5-year summary)
Cash & equivalents¥6.6bnat 2021-12-31dCons.Cash and cash equivalents IFRS (5-year summary)
Operating cash flow¥3.3bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥1.9bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥2.2bn2023-01-01 → 2023-12-31vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥996m2022-01-01 → 2022-12-31vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow−¥747m2021-01-01 → 2021-12-31dCons.Cash flows from used in operating activities IFRS (5-year summary)
Investing cash flow−¥4.3bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥2.2bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in investing activities IFRS
Investing cash flow¥2.0bn2023-01-01 → 2023-12-31vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥3.8bn2022-01-01 → 2022-12-31vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥9.1bn2021-01-01 → 2021-12-31dCons.Cash flows from used in investing activities IFRS (5-year summary)
Financing cash flow¥7.0bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in financing activities IFRS
Financing cash flow−¥792m2024-01-01 → 2024-12-31Cons.Net cash provided by used in financing activities IFRS
Financing cash flow−¥2.3bn2023-01-01 → 2023-12-31vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow−¥520m2022-01-01 → 2022-12-31vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow¥14.4bn2021-01-01 → 2021-12-31dCons.Cash flows from used in financing activities IFRS (5-year summary)
EPS (basic)¥25.142025-01-01 → 2025-12-31Cons.Basic earnings loss per share IFRS
EPS (basic)¥28.72024-01-01 → 2024-12-31Cons.Basic earnings loss per share IFRS
EPS (basic)¥9.852023-01-01 → 2023-12-31vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥0.212022-01-01 → 2022-12-31vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥-11.972021-01-01 → 2021-12-31dCons.Basic earnings loss per share IFRS (5-year summary)
EPS (diluted)¥24.992025-01-01 → 2025-12-31Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥28.472024-01-01 → 2024-12-31Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥9.752023-01-01 → 2023-12-31vCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥0.212022-01-01 → 2022-12-31vCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥-11.972021-01-01 → 2021-12-31dCons.Diluted earnings loss per share IFRS (5-year summary)
Net assets per share¥364.44at 2025-12-31Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥337.62at 2024-12-31Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥285.54at 2023-12-31vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥258.11at 2022-12-31vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥225.73at 2021-12-31dCons.Equity to asset ratio IFRS (5-year summary)
Equity ratio61.4%at 2025-12-31Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio76.9%at 2024-12-31Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio76.9%at 2023-12-31vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio72.9%at 2022-12-31vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio73.2%at 2021-12-31dCons.Ratio of owners equity to gross assets IFRS (5-year summary)
ROE7.2%2025-01-01 → 2025-12-31Cons.Rate of return on equity IFRS (5-year summary)
ROE9.2%2024-01-01 → 2024-12-31Cons.Rate of return on equity IFRS (5-year summary)
ROE3.6%2023-01-01 → 2023-12-31vCons.Rate of return on equity IFRS (5-year summary)
ROE0.1%2022-01-01 → 2022-12-31vCons.Rate of return on equity IFRS (5-year summary)
Employees791at 2025-12-31Cons.Number of employees
Employees708at 2024-12-31Cons.Number of employees
Employees706at 2023-12-31vCons.Number of employees
Employees661at 2022-12-31vCons.Number of employees
Employees574at 2021-12-31dCons.Number of employees
Revenue¥128m2025-01-01 → 2025-12-31StandaloneNet sales
Revenue¥133m2024-01-01 → 2024-12-31StandaloneNet sales
Revenue¥62m2023-01-01 → 2023-12-31vStandaloneNet sales (5-year summary)
Revenue¥74m2022-01-01 → 2022-12-31vStandaloneNet sales (5-year summary)
Revenue¥51m2021-01-01 → 2021-12-31dStandaloneNet sales (5-year summary)
Operating income−¥230m2025-01-01 → 2025-12-31StandaloneOperating income
Operating income−¥342m2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income−¥35m2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income−¥355m2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income−¥334m2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥84m2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥536m2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥5m2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax−¥340m2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income¥4m2025-01-01 → 2025-12-31StandaloneProfit loss
Net income−¥341m2024-01-01 → 2024-12-31StandaloneProfit loss
Net income−¥325m2023-01-01 → 2023-12-31vStandaloneNet income loss (5-year summary)
Net income−¥62m2022-01-01 → 2022-12-31vStandaloneNet income loss (5-year summary)
Net income−¥537m2021-01-01 → 2021-12-31dStandaloneNet income loss (5-year summary)
Total assets¥38.5bnat 2025-12-31StandaloneAssets
Total assets¥30.6bnat 2024-12-31StandaloneAssets
Total assets¥30.8bnat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥31.0bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥31.1bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥9.5bnat 2025-12-31StandaloneLiabilities
Total liabilities¥1.5bnat 2024-12-31StandaloneLiabilities
Net assets / equity¥29.0bnat 2025-12-31StandaloneNet assets
Net assets / equity¥29.1bnat 2024-12-31StandaloneNet assets
Net assets / equity¥30.2bnat 2023-12-31vStandaloneNet assets
Net assets / equity¥30.3bnat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥30.3bnat 2021-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥898mat 2025-12-31StandaloneCash and deposits
Cash and deposits¥207mat 2024-12-31StandaloneCash and deposits
EPS (basic)¥0.042025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-3.352024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-3.22023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-0.612022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-5.462021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥0.042025-01-01 → 2025-12-31StandaloneDiluted earnings per share (5-year summary)
Dividend per share¥2.252025-01-01 → 2025-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥22024-01-01 → 2024-12-31StandaloneDividend paid per share (5-year summary)
Net assets per share¥284.35at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥286.09at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥296.14at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥298.68at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥299.79at 2021-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio74.4%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio93.8%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio97.1%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio97.5%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio97.2%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE0.0%2025-01-01 → 2025-12-31StandaloneRate of return on equity (5-year summary)
Shares issued102,589,177at 2025-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued102,289,998at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued101,882,216at 2023-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued101,511,035at 2022-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued101,164,657at 2021-12-31dStandaloneTotal number of issued shares (5-year summary)

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 · 1,357
ItemContextValueUnit
Retirement benefits remuneration etc by category of directors and other officersCurrentYearDuration_DirectorsExcludingAuditAndSupervisoryCommitteeMembersAndOutsideDirectorsMember2000000JPY
Number of directors and other officers remuneration etc by category of directors and other officersCurrentYearDuration_DirectorsExcludingAuditAndSupervisoryCommitteeMembersAndOutsideDirectorsMember4
Total amount of remuneration etc remuneration etc by category of directors and other officersCurrentYearDuration_DirectorsAppointedAsAuditAndSupervisoryCommitteeMembersExcludingOutsideDirectorsMember-JPY
Base remuneration remuneration etc by category of directors and other officersCurrentYearDuration_DirectorsAppointedAsAuditAndSupervisoryCommitteeMembersExcludingOutsideDirectorsMember-JPY
Share option remuneration etc by category of directors and other officersCurrentYearDuration_DirectorsAppointedAsAuditAndSupervisoryCommitteeMembersExcludingOutsideDirectorsMember-JPY
Bonus remuneration etc by category of directors and other officersCurrentYearDuration_DirectorsAppointedAsAuditAndSupervisoryCommitteeMembersExcludingOutsideDirectorsMember-JPY
Retirement benefits remuneration etc by category of directors and other officersCurrentYearDuration_DirectorsAppointedAsAuditAndSupervisoryCommitteeMembersExcludingOutsideDirectorsMember-JPY
Number of directors and other officers remuneration etc by category of directors and other officersCurrentYearDuration_DirectorsAppointedAsAuditAndSupervisoryCommitteeMembersExcludingOutsideDirectorsMember-
Total amount of remuneration etc remuneration etc by category of directors and other officersCurrentYearDuration_OutsideDirectorsMember34000000JPY
Base remuneration remuneration etc by category of directors and other officersCurrentYearDuration_OutsideDirectorsMember34000000JPY
Share option remuneration etc by category of directors and other officersCurrentYearDuration_OutsideDirectorsMember-JPY
Bonus remuneration etc by category of directors and other officersCurrentYearDuration_OutsideDirectorsMember-JPY
Retirement benefits remuneration etc by category of directors and other officersCurrentYearDuration_OutsideDirectorsMember-JPY
Number of directors and other officers remuneration etc by category of directors and other officersCurrentYearDuration_OutsideDirectorsMember5
Number of issues shares not listed investment shares held for purposes other than pure investment largest holding companyCurrentYearInstant1
Carrying amount shares not listed investment shares held for purposes other than pure investment largest holding companyCurrentYearInstant32000000JPY
Number of issues shares other than those not listed investment shares held for purposes other than pure investment largest holding companyCurrentYearInstant-
Carrying amount shares other than those not listed investment shares held for purposes other than pure investment largest holding companyCurrentYearInstant-JPY
Number of issues whose number of shares increased shares not listed investment shares held for purposes other than pure investment largest holding companyCurrentYearDuration-
Total acquisition cost for increased shares shares not listed investment shares held for purposes other than pure investment largest holding companyCurrentYearDuration-JPY
Number of issues whose number of shares increased shares other than those not listed investment shares held for purposes other than pure investment largest holding companyCurrentYearDuration-
Total acquisition cost for increased shares shares other than those not listed investment shares held for purposes other than pure investment largest holding companyCurrentYearDuration-JPY
Cash and cash equivalents IFRSPrior1YearInstant5496000000JPY
Cash and cash equivalents IFRSCurrentYearInstant11734000000JPY
Time deposits ca IFRSPrior1YearInstant6727000000JPY
Time deposits ca IFRSCurrentYearInstant2569000000JPY
Trade receivables ca IFRSPrior1YearInstant6388000000JPY
Trade receivables ca IFRSCurrentYearInstant10596000000JPY
Contract assets ca IFRSPrior1YearInstant2973000000JPY
Contract assets ca IFRSCurrentYearInstant4773000000JPY
Other receivables ca IFRSPrior1YearInstant232000000JPY
Other receivables ca IFRSCurrentYearInstant181000000JPY
Other current assets ca IFRSPrior1YearInstant389000000JPY
Other current assets ca IFRSCurrentYearInstant658000000JPY
Other financial assets ca IFRSPrior1YearInstant5794000000JPY
Other financial assets ca IFRSCurrentYearInstant6051000000JPY
Current assets IFRSPrior1YearInstant27999000000JPY
Current assets IFRSCurrentYearInstant36562000000JPY
Property plant and equipment IFRSPrior1YearInstant201000000JPY
Property plant and equipment IFRSCurrentYearInstant138000000JPY
Right of use assets IFRSPrior1YearInstant2197000000JPY
Right of use assets IFRSCurrentYearInstant1492000000JPY
Goodwill and intangible assets IFRSPrior1YearInstant12528000000JPY
Goodwill and intangible assets IFRSCurrentYearInstant20539000000JPY
Deferred tax assets IFRSPrior1YearInstant1117000000JPY
Deferred tax assets IFRSCurrentYearInstant1085000000JPY
Other financial assets nca IFRSPrior1YearInstant430000000JPY
Other financial assets nca IFRSCurrentYearInstant521000000JPY
Other non current assets nca IFRSPrior1YearInstant165000000JPY
Other non current assets nca IFRSCurrentYearInstant160000000JPY

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 · 21 of 21 passed
balance sheet identityconsolidated 2024-12-31pass
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 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