Annual report

Period2025-01-01 → 2025-12-31

Filed2026-03-25

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 148

Metric	Value	Period	Scope	Source row
Revenue	¥115.1bn	2025-01-01 → 2025-12-31	Cons.	Net sales
Revenue	¥119.8bn	2024-01-01 → 2024-12-31	Cons.	Net sales
Revenue	¥115.2bn	2023-01-01 → 2023-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥114.9bn	2022-01-01 → 2022-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥117.1bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥11.2bn	2025-01-01 → 2025-12-31	Cons.	Operating income
Operating income	¥12.2bn	2024-01-01 → 2024-12-31	Cons.	Operating income
Ordinary income	¥10.8bn	2025-01-01 → 2025-12-31	Cons.	Ordinary income
Ordinary income	¥12.1bn	2024-01-01 → 2024-12-31	Cons.	Ordinary income
Ordinary income	¥9.7bn	2023-01-01 → 2023-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥12.7bn	2022-01-01 → 2022-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥19.8bn	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥10.8bn	2025-01-01 → 2025-12-31	Cons.	Income before income taxes
Profit before tax	¥11.9bn	2024-01-01 → 2024-12-31	Cons.	Income before income taxes
Net income (owners)	¥7.8bn	2025-01-01 → 2025-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥8.4bn	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥6.8bn	2023-01-01 → 2023-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥8.1bn	2022-01-01 → 2022-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥13.7bn	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥8.0bn	2025-01-01 → 2025-12-31	Cons.	Profit loss
Net income	¥8.5bn	2024-01-01 → 2024-12-31	Cons.	Profit loss
Total assets	¥130.1bn	at 2025-12-31	Cons.	Assets
Total assets	¥131.5bn	at 2024-12-31	Cons.	Assets
Total assets	¥124.5bn	at 2023-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥131.2bn	at 2022-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥122.1bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥57.5bn	at 2025-12-31	Cons.	Liabilities
Total liabilities	¥59.5bn	at 2024-12-31	Cons.	Liabilities
Net assets / equity	¥72.6bn	at 2025-12-31	Cons.	Net assets
Net assets / equity	¥71.9bn	at 2024-12-31	Cons.	Net assets
Net assets / equity	¥66.5bn	at 2023-12-31^v	Cons.	Net assets
Net assets / equity	¥62.1bn	at 2022-12-31^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥57.5bn	at 2021-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥6.7bn	at 2025-12-31	Cons.	Cash and deposits
Cash and deposits	¥7.2bn	at 2024-12-31	Cons.	Cash and deposits
Cash & equivalents	¥6.7bn	at 2025-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥7.2bn	at 2024-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥9.7bn	at 2023-12-31^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥10.9bn	at 2022-12-31^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥16.9bn	at 2021-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥13.8bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥7.0bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥13.2bn	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥5.1bn	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥17.4bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥4.6bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥8.9bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥4.9bn	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥10.1bn	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥4.4bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥9.6bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥645m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥9.5bn	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥1.1bn	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥5.2bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥218.15	2025-01-01 → 2025-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥225.81	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥184.23	2023-01-01 → 2023-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥217.73	2022-01-01 → 2022-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥368.95	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥1,990.25	at 2025-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,866.63	at 2024-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,720.81	at 2023-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,601.26	at 2022-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,480.27	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	53.6%	at 2025-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	52.5%	at 2024-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	51.2%	at 2023-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	45.2%	at 2022-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	45.0%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	11.2%	2025-01-01 → 2025-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	12.6%	2024-01-01 → 2024-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	11.1%	2023-01-01 → 2023-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	14.1%	2022-01-01 → 2022-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	27.9%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	863	at 2025-12-31	Cons.	Number of employees
Employees	829	at 2024-12-31	Cons.	Number of employees
Employees	831	at 2023-12-31^v	Cons.	Number of employees
Employees	825	at 2022-12-31^v	Cons.	Number of employees
Employees	809	at 2021-12-31^d	Cons.	Number of employees
Revenue	¥109.1bn	2025-01-01 → 2025-12-31	Standalone	Net sales
Revenue	¥113.2bn	2024-01-01 → 2024-12-31	Standalone	Net sales
Revenue	¥109.0bn	2023-01-01 → 2023-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥108.5bn	2022-01-01 → 2022-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥109.4bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥10.3bn	2025-01-01 → 2025-12-31	Standalone	Operating income
Operating income	¥11.4bn	2024-01-01 → 2024-12-31	Standalone	Operating income
Ordinary income	¥10.2bn	2025-01-01 → 2025-12-31	Standalone	Ordinary income
Ordinary income	¥11.4bn	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	¥9.5bn	2023-01-01 → 2023-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥11.9bn	2022-01-01 → 2022-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥18.8bn	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥10.2bn	2025-01-01 → 2025-12-31	Standalone	Income before income taxes
Profit before tax	¥11.2bn	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Net income	¥7.7bn	2025-01-01 → 2025-12-31	Standalone	Profit loss
Net income	¥8.0bn	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	¥6.9bn	2023-01-01 → 2023-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥7.7bn	2022-01-01 → 2022-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥13.2bn	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥123.5bn	at 2025-12-31	Standalone	Assets
Total assets	¥125.8bn	at 2024-12-31	Standalone	Assets
Total assets	¥118.6bn	at 2023-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥125.1bn	at 2022-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥115.8bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥59.4bn	at 2025-12-31	Standalone	Liabilities
Total liabilities	¥61.7bn	at 2024-12-31	Standalone	Liabilities
Net assets / equity	¥64.1bn	at 2025-12-31	Standalone	Net assets
Net assets / equity	¥64.2bn	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥59.4bn	at 2023-12-31^v	Standalone	Net assets
Net assets / equity	¥55.1bn	at 2022-12-31^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥51.3bn	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥4.7bn	at 2025-12-31	Standalone	Cash and deposits
Cash and deposits	¥5.3bn	at 2024-12-31	Standalone	Cash and deposits
EPS (basic)	¥214.22	2025-01-01 → 2025-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥217.34	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥187.39	2023-01-01 → 2023-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥207.99	2022-01-01 → 2022-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥355.45	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
Dividend per share	¥105	2025-01-01 → 2025-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥90	2024-01-01 → 2024-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥90	2023-01-01 → 2023-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥85	2022-01-01 → 2022-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥75	2021-01-01 → 2021-12-31^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥1,832.08	at 2025-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,733.91	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,602.22	at 2023-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,487.12	at 2022-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,382.72	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	51.9%	at 2025-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	51.0%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	50.0%	at 2023-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	44.0%	at 2022-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	44.3%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	11.9%	2025-01-01 → 2025-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	13.0%	2024-01-01 → 2024-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	12.1%	2023-01-01 → 2023-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	14.5%	2022-01-01 → 2022-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	28.7%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	37,149,400	at 2025-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	37,149,400	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	37,149,400	at 2023-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	37,149,400	at 2022-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	37,149,400	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	683	at 2025-12-31	Standalone	Number of employees
Employees	657	at 2024-12-31	Standalone	Number of employees
Employees	660	at 2023-12-31^v	Standalone	Number of employees
Employees	659	at 2022-12-31^v	Standalone	Number of employees
Employees	649	at 2021-12-31^d	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 · 1,430

Item	Context	Value	Unit
Operating income	Prior1YearDuration	12195000000	JPY
Operating income	CurrentYearDuration	11248000000	JPY
Interest and dividends income noi	Prior1YearDuration	186000000	JPY
Interest and dividends income noi	CurrentYearDuration	209000000	JPY
Equity in earnings of affiliates noi	Prior1YearDuration	343000000	JPY
Equity in earnings of affiliates noi	CurrentYearDuration	278000000	JPY
Other noi	Prior1YearDuration	159000000	JPY
Other noi	CurrentYearDuration	110000000	JPY
Non operating income	Prior1YearDuration	689000000	JPY
Non operating income	CurrentYearDuration	598000000	JPY
Interest expenses noe	Prior1YearDuration	101000000	JPY
Interest expenses noe	CurrentYearDuration	197000000	JPY
Commission fee expense noe	Prior1YearDuration	260000000	JPY
Commission fee expense noe	CurrentYearDuration	326000000	JPY
Loss on disposal of noncurrent assets noe	Prior1YearDuration	346000000	JPY
Loss on disposal of noncurrent assets noe	CurrentYearDuration	360000000	JPY
Other noe	Prior1YearDuration	120000000	JPY
Other noe	CurrentYearDuration	168000000	JPY
Non operating expenses	Prior1YearDuration	829000000	JPY
Non operating expenses	CurrentYearDuration	1053000000	JPY
Ordinary income	Prior1YearDuration	12055000000	JPY
Ordinary income	CurrentYearDuration	10793000000	JPY
Loss on disaster el	Prior1YearDuration	137000000	JPY
Loss on disaster el	CurrentYearDuration	－	JPY
Extraordinary loss	Prior1YearDuration	137000000	JPY
Extraordinary loss	CurrentYearDuration	－	JPY
Income before income taxes	Prior1YearDuration	11918000000	JPY
Income before income taxes	CurrentYearDuration	10793000000	JPY
Income taxes current	Prior1YearDuration	3046000000	JPY
Income taxes current	CurrentYearDuration	3318000000	JPY
Income taxes deferred	Prior1YearDuration	400000000	JPY
Income taxes deferred	CurrentYearDuration	-479000000	JPY
Income taxes	Prior1YearDuration	3447000000	JPY
Income taxes	CurrentYearDuration	2839000000	JPY
Profit loss	Prior1YearDuration	8471000000	JPY
Profit loss	CurrentYearDuration	7953000000	JPY
Profit loss attributable to non controlling interests	Prior1YearDuration	110000000	JPY
Profit loss attributable to non controlling interests	CurrentYearDuration	153000000	JPY
Profit loss attributable to owners of parent	Prior1YearDuration	8360000000	JPY
Profit loss attributable to owners of parent	CurrentYearDuration	7799000000	JPY
Profit loss	Prior1YearDuration	8471000000	JPY
Profit loss	CurrentYearDuration	7953000000	JPY
Valuation difference on available for sale securities net of tax oci	Prior1YearDuration	177000000	JPY
Valuation difference on available for sale securities net of tax oci	CurrentYearDuration	880000000	JPY
Deferred gains or losses on hedges net of tax oci	Prior1YearDuration	13000000	JPY
Deferred gains or losses on hedges net of tax oci	CurrentYearDuration	-8000000	JPY
Foreign currency translation adjustment net of tax oci	Prior1YearDuration	45000000	JPY
Foreign currency translation adjustment net of tax oci	CurrentYearDuration	-4000000	JPY
Remeasurements of defined benefit plans net of tax oci	Prior1YearDuration	160000000	JPY
Remeasurements of defined benefit plans net of tax oci	CurrentYearDuration	489000000	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 rounding
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