Annual report

Period2025-01-01 → 2025-12-31
Filed2026-03-24
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 158
MetricValuePeriodScopeSource row
Revenue¥237.0bn2025-01-01 → 2025-12-31Cons.Net sales
Revenue¥201.0bn2024-01-01 → 2024-12-31Cons.Net sales
Revenue¥162.3bn2023-01-01 → 2023-12-31vCons.Net sales (5-year summary)
Revenue¥175.4bn2022-01-01 → 2022-12-31vCons.Net sales (5-year summary)
Revenue¥140.1bn2021-01-01 → 2021-12-31dCons.Net sales (5-year summary)
Operating income¥47.4bn2025-01-01 → 2025-12-31Cons.Operating income
Operating income¥33.1bn2024-01-01 → 2024-12-31Cons.Operating income
Ordinary income¥49.3bn2025-01-01 → 2025-12-31Cons.Ordinary income
Ordinary income¥34.6bn2024-01-01 → 2024-12-31Cons.Ordinary income
Ordinary income¥24.3bn2023-01-01 → 2023-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥31.0bn2022-01-01 → 2022-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥21.7bn2021-01-01 → 2021-12-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥50.3bn2025-01-01 → 2025-12-31Cons.Income before income taxes
Profit before tax¥35.2bn2024-01-01 → 2024-12-31Cons.Income before income taxes
Net income (owners)¥33.3bn2025-01-01 → 2025-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥22.7bn2024-01-01 → 2024-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥12.7bn2023-01-01 → 2023-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥19.7bn2022-01-01 → 2022-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥17.7bn2021-01-01 → 2021-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥39.2bn2025-01-01 → 2025-12-31Cons.Profit loss
Net income¥27.1bn2024-01-01 → 2024-12-31Cons.Profit loss
Total assets¥335.3bnat 2025-12-31Cons.Assets
Total assets¥281.9bnat 2024-12-31Cons.Assets
Total assets¥251.9bnat 2023-12-31vCons.Total assets (5-year summary)
Total assets¥238.1bnat 2022-12-31vCons.Total assets (5-year summary)
Total assets¥217.3bnat 2021-12-31dCons.Total assets (5-year summary)
Total liabilities¥93.0bnat 2025-12-31Cons.Liabilities
Total liabilities¥68.5bnat 2024-12-31Cons.Liabilities
Net assets / equity¥242.3bnat 2025-12-31Cons.Net assets
Net assets / equity¥213.5bnat 2024-12-31Cons.Net assets
Net assets / equity¥195.5bnat 2023-12-31vCons.Net assets
Net assets / equity¥181.0bnat 2022-12-31vCons.Net assets (5-year summary)
Net assets / equity¥165.2bnat 2021-12-31dCons.Net assets (5-year summary)
Cash and deposits¥71.0bnat 2025-12-31Cons.Cash and deposits
Cash and deposits¥59.0bnat 2024-12-31Cons.Cash and deposits
Cash & equivalents¥69.2bnat 2025-12-31Cons.Cash and cash equivalents
Cash & equivalents¥56.4bnat 2024-12-31Cons.Cash and cash equivalents
Cash & equivalents¥42.8bnat 2023-12-31vCons.Cash and cash equivalents
Cash & equivalents¥40.9bnat 2022-12-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥41.5bnat 2021-12-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥35.2bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥30.1bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥17.2bn2023-01-01 → 2023-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥19.0bn2022-01-01 → 2022-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥19.8bn2021-01-01 → 2021-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥25.3bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥2.7bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥9.4bn2023-01-01 → 2023-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥12.4bn2022-01-01 → 2022-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥4.6bn2021-01-01 → 2021-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥3.2bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥15.4bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥7.4bn2023-01-01 → 2023-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥8.6bn2022-01-01 → 2022-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥18.1bn2021-01-01 → 2021-12-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥278.422025-01-01 → 2025-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥187.292024-01-01 → 2024-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥105.12023-01-01 → 2023-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥163.182022-01-01 → 2022-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥143.572021-01-01 → 2021-12-31dCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥278.212025-01-01 → 2025-12-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥187.12024-01-01 → 2024-12-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥104.972023-01-01 → 2023-12-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥162.932022-01-01 → 2022-12-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥143.32021-01-01 → 2021-12-31dCons.Diluted earnings per share (5-year summary)
Net assets per share¥1,898.9at 2025-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,671.82at 2024-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,516.99at 2023-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥1,404.75at 2022-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥1,293.39at 2021-12-31dCons.Net assets per share (5-year summary)
Equity ratio67.9%at 2025-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio71.1%at 2024-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio72.9%at 2023-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio71.3%at 2022-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio71.7%at 2021-12-31dCons.Equity to asset ratio (5-year summary)
ROE15.6%2025-01-01 → 2025-12-31Cons.Rate of return on equity (5-year summary)
ROE11.8%2024-01-01 → 2024-12-31Cons.Rate of return on equity (5-year summary)
ROE7.2%2023-01-01 → 2023-12-31vCons.Rate of return on equity (5-year summary)
ROE12.1%2022-01-01 → 2022-12-31vCons.Rate of return on equity (5-year summary)
ROE11.5%2021-01-01 → 2021-12-31dCons.Rate of return on equity (5-year summary)
Employees2,132at 2025-12-31Cons.Number of employees
Employees1,996at 2024-12-31Cons.Number of employees
Employees1,877at 2023-12-31vCons.Number of employees
Employees1,950at 2022-12-31vCons.Number of employees
Employees1,816at 2021-12-31dCons.Number of employees
Revenue¥128.0bn2025-01-01 → 2025-12-31StandaloneNet sales
Revenue¥113.7bn2024-01-01 → 2024-12-31StandaloneNet sales
Revenue¥91.3bn2023-01-01 → 2023-12-31vStandaloneNet sales (5-year summary)
Revenue¥99.6bn2022-01-01 → 2022-12-31vStandaloneNet sales (5-year summary)
Revenue¥84.3bn2021-01-01 → 2021-12-31dStandaloneNet sales (5-year summary)
Operating income¥21.7bn2025-01-01 → 2025-12-31StandaloneOperating income
Operating income¥15.2bn2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income¥32.3bn2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income¥24.7bn2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income¥13.3bn2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥20.4bn2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥16.4bn2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥33.3bn2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax¥25.1bn2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income¥27.6bn2025-01-01 → 2025-12-31StandaloneProfit loss
Net income¥21.0bn2024-01-01 → 2024-12-31StandaloneProfit loss
Net income¥10.3bn2023-01-01 → 2023-12-31vStandaloneNet income loss (5-year summary)
Net income¥15.8bn2022-01-01 → 2022-12-31vStandaloneNet income loss (5-year summary)
Net income¥17.0bn2021-01-01 → 2021-12-31dStandaloneNet income loss (5-year summary)
Total assets¥237.8bnat 2025-12-31StandaloneAssets
Total assets¥196.1bnat 2024-12-31StandaloneAssets
Total assets¥182.0bnat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥175.2bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥164.5bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥62.2bnat 2025-12-31StandaloneLiabilities
Total liabilities¥41.2bnat 2024-12-31StandaloneLiabilities
Net assets / equity¥175.6bnat 2025-12-31StandaloneNet assets
Net assets / equity¥154.9bnat 2024-12-31StandaloneNet assets
Net assets / equity¥145.8bnat 2023-12-31vStandaloneNet assets
Net assets / equity¥137.3bnat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥129.4bnat 2021-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥31.8bnat 2025-12-31StandaloneCash and deposits
Cash and deposits¥21.1bnat 2024-12-31StandaloneCash and deposits
EPS (basic)¥230.092025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥173.292024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥85.132023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥131.082022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥137.412021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥229.912025-01-01 → 2025-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥173.112024-01-01 → 2024-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥85.032023-01-01 → 2023-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥130.882022-01-01 → 2022-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥137.152021-01-01 → 2021-12-31dStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥722025-01-01 → 2025-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥632024-01-01 → 2024-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥1682023-01-01 → 2023-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥1602022-01-01 → 2022-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥1562021-01-01 → 2021-12-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥1,464.39at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,290.43at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,202.74at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,134.74at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,072.2at 2021-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio73.8%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio78.9%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio80.0%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio78.3%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio78.5%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE16.7%2025-01-01 → 2025-12-31StandaloneRate of return on equity (5-year summary)
ROE14.0%2024-01-01 → 2024-12-31StandaloneRate of return on equity (5-year summary)
ROE7.3%2023-01-01 → 2023-12-31vStandaloneRate of return on equity (5-year summary)
ROE11.9%2022-01-01 → 2022-12-31vStandaloneRate of return on equity (5-year summary)
ROE13.2%2021-01-01 → 2021-12-31dStandaloneRate of return on equity (5-year summary)
Shares issued127,800,000at 2025-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued127,800,000at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued42,600,000at 2023-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued42,600,000at 2022-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued42,600,000at 2021-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees1,555at 2025-12-31StandaloneNumber of employees
Employees1,447at 2024-12-31StandaloneNumber of employees
Employees1,355at 2023-12-31vStandaloneNumber of employees
Employees1,346at 2022-12-31vStandaloneNumber of employees
Employees1,261at 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.

All source rows · 1,685
ItemContextValueUnit
Number of shares held number of units totalCurrentYearInstant_OrdinaryShareMember1277171
Number of shares held shares less than one unitCurrentYearInstant_OrdinaryShareMember82900
Percentage of shareholdings national and local governmentsCurrentYearInstant_OrdinaryShareMember0.0000
Percentage of shareholdings financial institutionsCurrentYearInstant_OrdinaryShareMember0.3859
Percentage of shareholdings financial service providersCurrentYearInstant_OrdinaryShareMember0.0301
Percentage of shareholdings other corporationsCurrentYearInstant_OrdinaryShareMember0.1292
Percentage of shareholdings foreigners other than individualsCurrentYearInstant_OrdinaryShareMember0.2728
Percentage of shareholdings foreign individualsCurrentYearInstant_OrdinaryShareMember0.0001
Percentage of shareholdings individuals and othersCurrentYearInstant_OrdinaryShareMember0.1818
Number of shares heldCurrentYearInstant_No1MajorShareholdersMember17701000
Shareholding ratioCurrentYearInstant_No1MajorShareholdersMember0.1477
Number of shares heldCurrentYearInstant_No2MajorShareholdersMember7773000
Shareholding ratioCurrentYearInstant_No2MajorShareholdersMember0.0648
Number of shares heldCurrentYearInstant_No3MajorShareholdersMember5479000
Shareholding ratioCurrentYearInstant_No3MajorShareholdersMember0.0457
Number of shares heldCurrentYearInstant_No4MajorShareholdersMember3622000
Shareholding ratioCurrentYearInstant_No4MajorShareholdersMember0.0302
Number of shares heldCurrentYearInstant_No5MajorShareholdersMember3079000
Shareholding ratioCurrentYearInstant_No5MajorShareholdersMember0.0257
Number of shares heldCurrentYearInstant_No6MajorShareholdersMember2954000
Shareholding ratioCurrentYearInstant_No6MajorShareholdersMember0.0246
Number of shares heldCurrentYearInstant_No7MajorShareholdersMember2861000
Shareholding ratioCurrentYearInstant_No7MajorShareholdersMember0.0239
Number of shares heldCurrentYearInstant_No8MajorShareholdersMember2580000
Shareholding ratioCurrentYearInstant_No8MajorShareholdersMember0.0215
Number of shares heldCurrentYearInstant_No9MajorShareholdersMember2572000
Shareholding ratioCurrentYearInstant_No9MajorShareholdersMember0.0215
Number of shares heldCurrentYearInstant_No10MajorShareholdersMember1960000
Shareholding ratioCurrentYearInstant_No10MajorShareholdersMember0.0164
Number of shares heldCurrentYearInstant50584000
Shareholding ratioCurrentYearInstant0.4220
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithNoVotingRightsMember-
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsTreasurySharesEtcMember-
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember-
Number of voting rights issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember-
Number of shares issued shares voting rightsCurrentYearInstant_OrdinarySharesTreasurySharesSharesWithFullVotingRightsTreasurySharesEtcMember7922000
Number of shares issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsOtherMember119795100
Number of voting rights issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsOtherMember1197951
Number of shares issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesLessThanOneUnitMember82900
Number of shares issued shares voting rightsCurrentYearInstant127800000
Number of voting rights issued shares voting rightsCurrentYearInstant1197951
Number of shares held in own name treasury shares etcCurrentYearInstant_Row1Member7922000
Number of shares held in others names treasury shares etcCurrentYearInstant_Row1Member-
Total number of shares held treasury shares etcCurrentYearInstant_Row1Member7922000
Shareholding ratio treasury shares etcCurrentYearInstant_Row1Member0.0620
Number of shares held in own name treasury shares etcCurrentYearInstant7922000
Number of shares held in others names treasury shares etcCurrentYearInstant-
Total number of shares held treasury shares etcCurrentYearInstant7922000
Shareholding ratio treasury shares etcCurrentYearInstant0.0620
Total amount of dividends dividends of surplusFilingDateInstant_Row1Member4195000000JPY

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 rounding
balance sheet identitynon_consolidated 2025-12-31pass rounding
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