Annual report

Period2025-01-01 → 2025-12-31
Filed2026-03-26
StandardIFRS
ConsolidatedYes
Data checks19 of 19 passed
Key figures · 150
MetricValuePeriodScopeSource row
Revenue¥20.6bn2025-01-01 → 2025-12-31Cons.Revenue IFRS
Revenue¥20.3bn2024-01-01 → 2024-12-31Cons.Revenue IFRS
Revenue¥21.0bn2023-01-01 → 2023-12-31vCons.Revenue IFRS (5-year summary)
Revenue¥19.6bn2022-01-01 → 2022-12-31vCons.Revenue IFRS (5-year summary)
Revenue¥14.1bn2021-01-01 → 2021-12-31dCons.Revenue IFRS (5-year summary)
Operating income¥1.6bn2025-01-01 → 2025-12-31Cons.Operating profit loss IFRS
Operating income¥2.8bn2024-01-01 → 2024-12-31Cons.Operating profit loss IFRS
Profit before tax¥1.2bn2025-01-01 → 2025-12-31Cons.Profit loss before tax IFRS
Profit before tax¥2.3bn2024-01-01 → 2024-12-31Cons.Profit loss before tax IFRS
Profit before tax¥2.9bn2023-01-01 → 2023-12-31vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax¥2.9bn2022-01-01 → 2022-12-31vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax¥1.3bn2021-01-01 → 2021-12-31dCons.Profit loss before tax IFRS (5-year summary)
Net income (owners)¥786m2025-01-01 → 2025-12-31Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥1.6bn2024-01-01 → 2024-12-31Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥2.4bn2023-01-01 → 2023-12-31vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥2.1bn2022-01-01 → 2022-12-31vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥986m2021-01-01 → 2021-12-31dCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income¥786m2025-01-01 → 2025-12-31Cons.Profit loss IFRS
Net income¥1.6bn2024-01-01 → 2024-12-31Cons.Profit loss IFRS
Total assets¥38.5bnat 2025-12-31Cons.Assets IFRS
Total assets¥39.0bnat 2024-12-31Cons.Assets IFRS
Total assets¥36.2bnat 2023-12-31vCons.Total assets IFRS (5-year summary)
Total assets¥34.9bnat 2022-12-31vCons.Total assets IFRS (5-year summary)
Total assets¥31.4bnat 2021-12-31dCons.Total assets IFRS (5-year summary)
Total liabilities¥20.9bnat 2025-12-31Cons.Liabilities IFRS
Total liabilities¥21.6bnat 2024-12-31Cons.Liabilities IFRS
Net assets / equity¥17.6bnat 2025-12-31Cons.Equity IFRS
Net assets / equity¥17.4bnat 2024-12-31Cons.Equity IFRS
Net assets / equity¥15.3bnat 2023-12-31vCons.Equity IFRS
Equity (owners)¥17.6bnat 2025-12-31Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥17.4bnat 2024-12-31Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥15.3bnat 2023-12-31vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥13.2bnat 2022-12-31vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥12.1bnat 2021-12-31dCons.Equity attributable to owners of parent IFRS (5-year summary)
Cash & equivalents¥2.3bnat 2025-12-31Cons.Cash and cash equivalents IFRS
Cash & equivalents¥2.7bnat 2024-12-31Cons.Cash and cash equivalents IFRS
Cash & equivalents¥3.6bnat 2023-12-31vCons.Cash and cash equivalents IFRS
Cash & equivalents¥4.1bnat 2022-12-31vCons.Cash and cash equivalents IFRS (5-year summary)
Cash & equivalents¥3.5bnat 2021-12-31dCons.Cash and cash equivalents IFRS (5-year summary)
Operating cash flow¥3.0bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥3.6bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥2.9bn2023-01-01 → 2023-12-31vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥2.2bn2022-01-01 → 2022-12-31vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥2.1bn2021-01-01 → 2021-12-31dCons.Cash flows from used in operating activities IFRS (5-year summary)
Investing cash flow−¥2.0bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥2.9bn2024-01-01 → 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¥425m2022-01-01 → 2022-12-31vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥957m2021-01-01 → 2021-12-31dCons.Cash flows from used in investing activities IFRS (5-year summary)
Financing cash flow−¥1.4bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in financing activities IFRS
Financing cash flow−¥1.5bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in financing activities IFRS
Financing cash flow−¥1.4bn2023-01-01 → 2023-12-31vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow−¥2.1bn2022-01-01 → 2022-12-31vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow−¥754m2021-01-01 → 2021-12-31dCons.Cash flows from used in financing activities IFRS (5-year summary)
EPS (basic)¥42.232025-01-01 → 2025-12-31Cons.Basic earnings loss per share IFRS
EPS (basic)¥88.952024-01-01 → 2024-12-31Cons.Basic earnings loss per share IFRS
EPS (basic)¥129.582023-01-01 → 2023-12-31vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥109.172022-01-01 → 2022-12-31vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥572021-01-01 → 2021-12-31dCons.Basic earnings loss per share IFRS (5-year summary)
EPS (diluted)¥36.122025-01-01 → 2025-12-31Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥80.042024-01-01 → 2024-12-31Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥120.122023-01-01 → 2023-12-31vCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥105.622022-01-01 → 2022-12-31vCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥54.892021-01-01 → 2021-12-31dCons.Diluted earnings loss per share IFRS (5-year summary)
Net assets per share¥957.78at 2025-12-31Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥958.05at 2024-12-31Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥833.4at 2023-12-31vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥713.54at 2022-12-31vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥647.99at 2021-12-31dCons.Equity to asset ratio IFRS (5-year summary)
Equity ratio45.8%at 2025-12-31Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio44.7%at 2024-12-31Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio42.2%at 2023-12-31vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio37.9%at 2022-12-31vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio38.5%at 2021-12-31dCons.Ratio of owners equity to gross assets IFRS (5-year summary)
ROE4.5%2025-01-01 → 2025-12-31Cons.Rate of return on equity IFRS (5-year summary)
ROE10.0%2024-01-01 → 2024-12-31Cons.Rate of return on equity IFRS (5-year summary)
ROE16.7%2023-01-01 → 2023-12-31vCons.Rate of return on equity IFRS (5-year summary)
ROE16.2%2022-01-01 → 2022-12-31vCons.Rate of return on equity IFRS (5-year summary)
ROE9.1%2021-01-01 → 2021-12-31dCons.Rate of return on equity IFRS (5-year summary)
Employees334at 2025-12-31Cons.Number of employees
Employees321at 2024-12-31Cons.Number of employees
Employees328at 2023-12-31vCons.Number of employees
Employees319at 2022-12-31vCons.Number of employees
Employees304at 2021-12-31dCons.Number of employees
Operating income¥442m2025-01-01 → 2025-12-31StandaloneOperating income
Operating income¥392m2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income¥417m2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income¥399m2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income¥207m2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥454m2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥298m2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥422m2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax¥399m2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income¥472m2025-01-01 → 2025-12-31StandaloneProfit loss
Net income¥464m2024-01-01 → 2024-12-31StandaloneProfit loss
Net income¥263m2023-01-01 → 2023-12-31vStandaloneNet income loss (5-year summary)
Net income¥875m2022-01-01 → 2022-12-31vStandaloneNet income loss (5-year summary)
Net income−¥235m2021-01-01 → 2021-12-31dStandaloneNet income loss (5-year summary)
Total assets¥14.5bnat 2025-12-31StandaloneAssets
Total assets¥15.5bnat 2024-12-31StandaloneAssets
Total assets¥17.9bnat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥20.0bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥14.9bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥9.1bnat 2025-12-31StandaloneLiabilities
Total liabilities¥9.9bnat 2024-12-31StandaloneLiabilities
Net assets / equity¥5.4bnat 2025-12-31StandaloneNet assets
Net assets / equity¥5.5bnat 2024-12-31StandaloneNet assets
Net assets / equity¥5.5bnat 2023-12-31vStandaloneNet assets
Net assets / equity¥5.6bnat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥6.9bnat 2021-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥219mat 2025-12-31StandaloneCash and deposits
Cash and deposits¥219mat 2024-12-31StandaloneCash and deposits
EPS (basic)¥25.352025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥25.142024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥14.352023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥46.542022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-13.612021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥24.72025-01-01 → 2025-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥24.62024-01-01 → 2024-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥13.642023-01-01 → 2023-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥45.032022-01-01 → 2022-12-31vStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥352025-01-01 → 2025-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥392024-01-01 → 2024-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥392023-01-01 → 2023-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥312022-01-01 → 2022-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥142021-01-01 → 2021-12-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥191.91at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥202.49at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥208.42at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥218at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥298.51at 2021-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio35.2%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio33.9%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio29.6%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio27.0%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio43.3%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE9.1%2025-01-01 → 2025-12-31StandaloneRate of return on equity (5-year summary)
ROE8.8%2024-01-01 → 2024-12-31StandaloneRate of return on equity (5-year summary)
ROE4.9%2023-01-01 → 2023-12-31vStandaloneRate of return on equity (5-year summary)
ROE16.2%2022-01-01 → 2022-12-31vStandaloneRate of return on equity (5-year summary)
Shares issued16,965,000at 2025-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued16,965,000at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued16,923,000at 2023-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued8,414,000at 2022-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued7,786,000at 2021-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees13at 2025-12-31StandaloneNumber of employees
Employees12at 2024-12-31StandaloneNumber of employees
Employees10at 2023-12-31vStandaloneNumber of employees
Employees10at 2022-12-31vStandaloneNumber of employees
Employees8at 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 · 1,610
ItemContextValueUnit
Net cash provided by used in investing activities IFRSPrior1YearDuration-2873000000JPY
Net cash provided by used in investing activities IFRSCurrentYearDuration-2017000000JPY
Net increase decrease in short term borrowings fin cf IFRSPrior1YearDuration-1085000000JPY
Net increase decrease in short term borrowings fin cf IFRSCurrentYearDuration515000000JPY
Proceeds from long term borrowings fin cf IFRSPrior1YearDuration7086000000JPY
Proceeds from long term borrowings fin cf IFRSCurrentYearDuration1260000000JPY
Repayments of long term borrowings fin cf IFRSPrior1YearDuration-6648000000JPY
Repayments of long term borrowings fin cf IFRSCurrentYearDuration-2295000000JPY
Dividends paid fin cf IFRSPrior1YearDuration-715000000JPY
Dividends paid fin cf IFRSCurrentYearDuration-722000000JPY
Repayments of lease obligations fin cf IFRSPrior1YearDuration-196000000JPY
Repayments of lease obligations fin cf IFRSCurrentYearDuration-191000000JPY
Proceeds from exercise of employee share options fin cf IFRSPrior1YearDuration67000000JPY
Proceeds from exercise of employee share options fin cf IFRSCurrentYearDuration36000000JPY
Net cash provided by used in financing activities IFRSPrior1YearDuration-1490000000JPY
Net cash provided by used in financing activities IFRSCurrentYearDuration-1397000000JPY
Effect of exchange rate changes on cash and cash equivalents IFRSPrior1YearDuration-188000000JPY
Effect of exchange rate changes on cash and cash equivalents IFRSCurrentYearDuration-34000000JPY
Net increase decrease in cash and cash equivalents IFRSPrior1YearDuration-908000000JPY
Net increase decrease in cash and cash equivalents IFRSCurrentYearDuration-468000000JPY
Cash and cash equivalents IFRSPrior2YearInstant3632000000JPY
Cash and cash equivalents IFRSPrior1YearInstant2724000000JPY
Cash and cash equivalents IFRSPrior1YearInstant2724000000JPY
Cash and cash equivalents IFRSCurrentYearInstant2257000000JPY
Merchandise and finished goods ca IFRSPrior1YearInstant3617000000JPY
Merchandise and finished goods ca IFRSCurrentYearInstant4065000000JPY
Work in process ca IFRSPrior1YearInstant375000000JPY
Work in process ca IFRSCurrentYearInstant562000000JPY
Raw materials and supplies ca IFRSPrior1YearInstant400000000JPY
Raw materials and supplies ca IFRSCurrentYearInstant360000000JPY
Inventories ca IFRSPrior1YearInstant4392000000JPY
Inventories ca IFRSCurrentYearInstant4987000000JPY
Buildings and structures acquisition cost IFRSPrior1YearInstant5686000000JPY
Machinery and vehicles acquisition cost IFRSPrior1YearInstant4570000000JPY
Tools furniture and fixtures acquisition cost IFRSPrior1YearInstant658000000JPY
Land acquisition cost IFRSPrior1YearInstant928000000JPY
Construction in progress acquisition cost IFRSPrior1YearInstant2589000000JPY
Property plant and equipment acquisition cost IFRSPrior1YearInstant14429000000JPY
Buildings and structures acquisition cost IFRSCurrentYearInstant6988000000JPY
Machinery and vehicles acquisition cost IFRSCurrentYearInstant6161000000JPY
Tools furniture and fixtures acquisition cost IFRSCurrentYearInstant813000000JPY
Land acquisition cost IFRSCurrentYearInstant928000000JPY
Construction in progress acquisition cost IFRSCurrentYearInstant76000000JPY
Property plant and equipment acquisition cost IFRSCurrentYearInstant14966000000JPY
Buildings and structures accumulated depreciation and impairment losses IFRSPrior1YearInstant-1501000000JPY
Machinery and vehicles accumulated depreciation and impairment losses IFRSPrior1YearInstant-3879000000JPY
Tools furniture and fixtures accumulated depreciation and impairment losses IFRSPrior1YearInstant-456000000JPY
Land accumulated impairment losses IFRSPrior1YearInstant-JPY
Construction in progress accumulated impairment losses IFRSPrior1YearInstant-JPY
Property plant and equipment accumulated depreciation and impairment losses IFRSPrior1YearInstant-5836000000JPY

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 · 19 of 19 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 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 · 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