Annual report

Period2025-01-01 → 2025-12-31
Filed2026-03-25
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed

Amended by S100Y1NN (2026-04-30).

Key figures · 132
MetricValuePeriodScopeSource row
Revenue¥5.9bn2025-01-01 → 2025-12-31Cons.Net sales
Revenue¥4.8bn2024-01-01 → 2024-12-31Cons.Net sales
Revenue¥3.6bn2023-01-01 → 2023-12-31vCons.Net sales (5-year summary)
Operating income¥1.1bn2025-01-01 → 2025-12-31Cons.Operating income
Operating income¥526m2024-01-01 → 2024-12-31Cons.Operating income
Ordinary income¥1.0bn2025-01-01 → 2025-12-31Cons.Ordinary income
Ordinary income¥542m2024-01-01 → 2024-12-31Cons.Ordinary income
Ordinary income¥425m2023-01-01 → 2023-12-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥1.0bn2025-01-01 → 2025-12-31Cons.Income before income taxes
Profit before tax¥541m2024-01-01 → 2024-12-31Cons.Income before income taxes
Net income (owners)¥752m2025-01-01 → 2025-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥385m2024-01-01 → 2024-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥326m2023-01-01 → 2023-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥752m2025-01-01 → 2025-12-31Cons.Profit loss
Net income¥385m2024-01-01 → 2024-12-31Cons.Profit loss
Total assets¥6.9bnat 2025-12-31Cons.Assets
Total assets¥5.4bnat 2024-12-31Cons.Assets
Total assets¥3.8bnat 2023-12-31vCons.Total assets (5-year summary)
Total liabilities¥4.1bnat 2025-12-31Cons.Liabilities
Total liabilities¥3.3bnat 2024-12-31Cons.Liabilities
Net assets / equity¥2.8bnat 2025-12-31Cons.Net assets
Net assets / equity¥2.1bnat 2024-12-31Cons.Net assets
Net assets / equity¥1.8bnat 2023-12-31vCons.Net assets
Cash and deposits¥4.6bnat 2025-12-31Cons.Cash and deposits
Cash and deposits¥3.6bnat 2024-12-31Cons.Cash and deposits
Cash & equivalents¥4.5bnat 2025-12-31Cons.Cash and cash equivalents
Cash & equivalents¥3.6bnat 2024-12-31Cons.Cash and cash equivalents
Cash & equivalents¥1.9bnat 2023-12-31vCons.Cash and cash equivalents
Operating cash flow¥1.3bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥1.2bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥529m2023-01-01 → 2023-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥86m2025-01-01 → 2025-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥126m2024-01-01 → 2024-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥267m2023-01-01 → 2023-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥234m2025-01-01 → 2025-12-31Cons.Net cash provided by used in financing activities
Financing cash flow¥618m2024-01-01 → 2024-12-31Cons.Net cash provided by used in financing activities
Financing cash flow¥264m2023-01-01 → 2023-12-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥90.842025-01-01 → 2025-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥46.692024-01-01 → 2024-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥40.172023-01-01 → 2023-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥88.372025-01-01 → 2025-12-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥452024-01-01 → 2024-12-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥37.992023-01-01 → 2023-12-31vCons.Diluted earnings per share (5-year summary)
Net assets per share¥332.3at 2025-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥257.56at 2024-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥216.34at 2023-12-31vCons.Net assets per share (5-year summary)
Equity ratio40.8%at 2025-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio39.4%at 2024-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio47.3%at 2023-12-31vCons.Equity to asset ratio (5-year summary)
ROE30.3%2025-01-01 → 2025-12-31Cons.Rate of return on equity (5-year summary)
ROE19.6%2024-01-01 → 2024-12-31Cons.Rate of return on equity (5-year summary)
ROE18.2%2023-01-01 → 2023-12-31vCons.Rate of return on equity (5-year summary)
Employees252at 2025-12-31Cons.Number of employees
Employees196at 2024-12-31Cons.Number of employees
Employees182at 2023-12-31vCons.Number of employees
Revenue¥5.6bn2025-01-01 → 2025-12-31StandaloneNet sales
Revenue¥4.5bn2024-01-01 → 2024-12-31StandaloneNet sales
Revenue¥3.6bn2023-01-01 → 2023-12-31vStandaloneNet sales (5-year summary)
Revenue¥3.0bn2022-01-01 → 2022-12-31vStandaloneNet sales (5-year summary)
Revenue¥2.8bn2021-01-01 → 2021-12-31dStandaloneNet sales (5-year summary)
Operating income¥1.0bn2025-01-01 → 2025-12-31StandaloneOperating income
Operating income¥500m2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income¥1.0bn2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income¥516m2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income¥430m2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥302m2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥260m2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥1.0bn2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax¥516m2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income¥739m2025-01-01 → 2025-12-31StandaloneProfit loss
Net income¥370m2024-01-01 → 2024-12-31StandaloneProfit loss
Net income¥329m2023-01-01 → 2023-12-31vStandaloneNet income loss (5-year summary)
Net income¥230m2022-01-01 → 2022-12-31vStandaloneNet income loss (5-year summary)
Net income¥184m2021-01-01 → 2021-12-31dStandaloneNet income loss (5-year summary)
Total assets¥6.7bnat 2025-12-31StandaloneAssets
Total assets¥5.3bnat 2024-12-31StandaloneAssets
Total assets¥3.6bnat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥2.8bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥2.8bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥3.9bnat 2025-12-31StandaloneLiabilities
Total liabilities¥3.1bnat 2024-12-31StandaloneLiabilities
Net assets / equity¥2.8bnat 2025-12-31StandaloneNet assets
Net assets / equity¥2.1bnat 2024-12-31StandaloneNet assets
Net assets / equity¥1.8bnat 2023-12-31vStandaloneNet assets
Net assets / equity¥1.4bnat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥1.4bnat 2021-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥4.4bnat 2025-12-31StandaloneCash and deposits
Cash and deposits¥3.4bnat 2024-12-31StandaloneCash and deposits
Cash & equivalents¥1.4bnat 2022-12-31vStandaloneCash and cash equivalents (5-year summary)
Cash & equivalents¥1.9bnat 2021-12-31dStandaloneCash and cash equivalents (5-year summary)
Operating cash flow−¥111m2022-01-01 → 2022-12-31vStandaloneNet cash provided by used in operating activities (5-year summary)
Operating cash flow¥299m2021-01-01 → 2021-12-31dStandaloneNet cash provided by used in operating activities (5-year summary)
Investing cash flow−¥88m2022-01-01 → 2022-12-31vStandaloneNet cash provided by used in investing activities (5-year summary)
Investing cash flow−¥27m2021-01-01 → 2021-12-31dStandaloneNet cash provided by used in investing activities (5-year summary)
Financing cash flow−¥327m2022-01-01 → 2022-12-31vStandaloneNet cash provided by used in financing activities (5-year summary)
Financing cash flow¥699m2021-01-01 → 2021-12-31dStandaloneNet cash provided by used in financing activities (5-year summary)
EPS (basic)¥89.242025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥44.942024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥40.552023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥28.572022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥25.642021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥86.822025-01-01 → 2025-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥43.32024-01-01 → 2024-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥38.352023-01-01 → 2023-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥26.072022-01-01 → 2022-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥22.582021-01-01 → 2021-12-31dStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥15.732025-01-01 → 2025-12-31StandaloneDividend paid per share (5-year summary)
Net assets per share¥329.41at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥256.18at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥216.72at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥179.23at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥179.21at 2021-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio41.6%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio40.3%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio49.4%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio50.8%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio50.4%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE30.0%2025-01-01 → 2025-12-31StandaloneRate of return on equity (5-year summary)
ROE18.9%2024-01-01 → 2024-12-31StandaloneRate of return on equity (5-year summary)
ROE20.5%2023-01-01 → 2023-12-31vStandaloneRate of return on equity (5-year summary)
ROE16.1%2022-01-01 → 2022-12-31vStandaloneRate of return on equity (5-year summary)
ROE19.3%2021-01-01 → 2021-12-31dStandaloneRate of return on equity (5-year summary)
Shares issued8,830,400at 2025-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued4,314,400at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued4,281,600at 2023-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued4,151,200at 2022-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued4,005,600at 2021-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees183at 2025-12-31StandaloneNumber of employees
Employees162at 2024-12-31StandaloneNumber of employees
Employees149at 2023-12-31vStandaloneNumber of employees
Employees130at 2022-12-31vStandaloneNumber of employees
Employees125at 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 · 57
SegmentItemPeriodValue
Reconciling Itemsreconcilingcapex2025-01-01 → 2025-12-31¥30m
Reconciling Itemsreconcilingdepreciation2025-01-01 → 2025-12-31¥23m
Reconciling Itemsreconcilingrevenue2025-01-01 → 2025-12-31−¥63m
Reconciling Itemsreconcilingrevenue intersegment2025-01-01 → 2025-12-31−¥63m
Reconciling Itemsreconcilingsegment assetsat 2025-12-31¥5.5bn
Reconciling Itemsreconcilingsegment profit2025-01-01 → 2025-12-31−¥980m
Data Security Business Unitreportable segmentcapex2025-01-01 → 2025-12-31¥3m
Data Security Business Unitreportable segmentdepreciation2025-01-01 → 2025-12-31¥48m
Data Security Business Unitreportable segmentemployeesat 2025-12-3183 pure
Data Security Business Unitreportable segmentrevenue2025-01-01 → 2025-12-31¥2.5bn
Data Security Business Unitreportable segmentrevenue external2025-01-01 → 2025-12-31¥2.5bn
Data Security Business Unitreportable segmentrevenue intersegment2025-01-01 → 2025-12-31¥54m
Data Security Business Unitreportable segmentsegment assetsat 2025-12-31¥475m
Data Security Business Unitreportable segmentsegment profit2025-01-01 → 2025-12-31¥1.0bn
Network Security Business Unitreportable segmentcapex2025-01-01 → 2025-12-31¥9m
Network Security Business Unitreportable segmentdepreciation2025-01-01 → 2025-12-31¥21m
Network Security Business Unitreportable segmentemployeesat 2025-12-3195 pure
Network Security Business Unitreportable segmentrevenue2025-01-01 → 2025-12-31¥3.5bn
Network Security Business Unitreportable segmentrevenue external2025-01-01 → 2025-12-31¥3.5bn
Network Security Business Unitreportable segmentrevenue intersegment2025-01-01 → 2025-12-31¥8m
Network Security Business Unitreportable segmentsegment assetsat 2025-12-31¥947m
Network Security Business Unitreportable segmentsegment profit2025-01-01 → 2025-12-31¥1.0bn
—segment totalcapex2025-01-01 → 2025-12-31¥12m
—segment totaldepreciation2025-01-01 → 2025-12-31¥69m
—segment totalrevenue2025-01-01 → 2025-12-31¥6.0bn
—segment totalrevenue external2025-01-01 → 2025-12-31¥5.9bn
—segment totalrevenue intersegment2025-01-01 → 2025-12-31¥63m
—segment totalsegment assetsat 2025-12-31¥1.4bn
—segment totalsegment profit2025-01-01 → 2025-12-31¥2.0bn
Reconciling Itemsreconcilingcapex2024-01-01 → 2024-12-31¥17m
Reconciling Itemsreconcilingdepreciation2024-01-01 → 2024-12-31¥28m
Reconciling Itemsreconcilingrevenue2024-01-01 → 2024-12-31−¥35m
Reconciling Itemsreconcilingrevenue intersegment2024-01-01 → 2024-12-31−¥35m
Reconciling Itemsreconcilingsegment assetsat 2024-12-31¥4.3bn
Reconciling Itemsreconcilingsegment profit2024-01-01 → 2024-12-31−¥849m
Data Security Business Unitreportable segmentcapex2024-01-01 → 2024-12-31¥33m
Data Security Business Unitreportable segmentdepreciation2024-01-01 → 2024-12-31¥61m
Data Security Business Unitreportable segmentrevenue2024-01-01 → 2024-12-31¥2.0bn
Data Security Business Unitreportable segmentrevenue external2024-01-01 → 2024-12-31¥1.9bn
Data Security Business Unitreportable segmentrevenue intersegment2024-01-01 → 2024-12-31¥35m
Data Security Business Unitreportable segmentsegment assetsat 2024-12-31¥440m
Data Security Business Unitreportable segmentsegment profit2024-01-01 → 2024-12-31¥709m
Network Security Business Unitreportable segmentcapex2024-01-01 → 2024-12-31¥4m
Network Security Business Unitreportable segmentdepreciation2024-01-01 → 2024-12-31¥27m
Network Security Business Unitreportable segmentrevenue2024-01-01 → 2024-12-31¥2.9bn
Network Security Business Unitreportable segmentrevenue external2024-01-01 → 2024-12-31¥2.9bn
Network Security Business Unitreportable segmentsegment assetsat 2024-12-31¥716m
Network Security Business Unitreportable segmentsegment profit2024-01-01 → 2024-12-31¥667m
—segment totalcapex2024-01-01 → 2024-12-31¥37m
—segment totaldepreciation2024-01-01 → 2024-12-31¥89m
—segment totalrevenue2024-01-01 → 2024-12-31¥4.8bn
—segment totalrevenue external2024-01-01 → 2024-12-31¥4.8bn
—segment totalrevenue intersegment2024-01-01 → 2024-12-31¥35m
—segment totalsegment assetsat 2024-12-31¥1.2bn
—segment totalsegment profit2024-01-01 → 2024-12-31¥1.4bn
Data Security Business Unitreportable segmentemployeesat 2025-12-3147 pure
Network Security Business Unitreportable segmentemployeesat 2025-12-3165 pure

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

All source rows · 1,444
ItemContextValueUnit
Percentage of shareholdings national and local governmentsCurrentYearInstant_OrdinaryShareMember-
Percentage of shareholdings financial institutionsCurrentYearInstant_OrdinaryShareMember0.1052
Percentage of shareholdings financial service providersCurrentYearInstant_OrdinaryShareMember0.0200
Percentage of shareholdings other corporationsCurrentYearInstant_OrdinaryShareMember0.3396
Percentage of shareholdings foreigners other than individualsCurrentYearInstant_OrdinaryShareMember0.0486
Percentage of shareholdings foreign individualsCurrentYearInstant_OrdinaryShareMember0.0004
Percentage of shareholdings individuals and othersCurrentYearInstant_OrdinaryShareMember0.4862
Number of shares heldCurrentYearInstant_No1MajorShareholdersMember2329000
Shareholding ratioCurrentYearInstant_No1MajorShareholdersMember0.274
Number of shares heldCurrentYearInstant_No2MajorShareholdersMember1116000
Shareholding ratioCurrentYearInstant_No2MajorShareholdersMember0.131
Number of shares heldCurrentYearInstant_No3MajorShareholdersMember481000
Shareholding ratioCurrentYearInstant_No3MajorShareholdersMember0.057
Number of shares heldCurrentYearInstant_No4MajorShareholdersMember367000
Shareholding ratioCurrentYearInstant_No4MajorShareholdersMember0.043
Number of shares heldCurrentYearInstant_No5MajorShareholdersMember352000
Shareholding ratioCurrentYearInstant_No5MajorShareholdersMember0.041
Number of shares heldCurrentYearInstant_No6MajorShareholdersMember303000
Shareholding ratioCurrentYearInstant_No6MajorShareholdersMember0.036
Number of shares heldCurrentYearInstant_No7MajorShareholdersMember253000
Shareholding ratioCurrentYearInstant_No7MajorShareholdersMember0.030
Number of shares heldCurrentYearInstant_No8MajorShareholdersMember162000
Shareholding ratioCurrentYearInstant_No8MajorShareholdersMember0.019
Number of shares heldCurrentYearInstant_No9MajorShareholdersMember142000
Shareholding ratioCurrentYearInstant_No9MajorShareholdersMember0.017
Number of shares heldCurrentYearInstant_No10MajorShareholdersMember139000
Shareholding ratioCurrentYearInstant_No10MajorShareholdersMember0.016
Number of shares heldCurrentYearInstant5648000
Shareholding ratioCurrentYearInstant0.659
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_OrdinarySharesTreasurySharesSharesWithFullVotingRightsTreasurySharesEtcMember316500
Number of voting rights issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsOtherMember84976
Number of shares issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsOtherMember8497600
Number of shares issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesLessThanOneUnitMember16300
Number of shares issued shares voting rightsCurrentYearInstant8830400
Number of voting rights issued shares voting rightsCurrentYearInstant84976
Number of shares held in own name treasury shares etcCurrentYearInstant_Row1Member316500
Number of shares held in others names treasury shares etcCurrentYearInstant_Row1Member-
Total number of shares held treasury shares etcCurrentYearInstant_Row1Member316500
Shareholding ratio treasury shares etcCurrentYearInstant_Row1Member0.0358
Number of shares held in own name treasury shares etcCurrentYearInstant316500
Number of shares held in others names treasury shares etcCurrentYearInstant-
Total number of shares held treasury shares etcCurrentYearInstant316500
Shareholding ratio treasury shares etcCurrentYearInstant0.0358
Number of male directors and other officersFilingDateInstant4
Number of female directors and other officersFilingDateInstant2
Ratio of female directors and other officersFilingDateInstant0.33

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
balance sheet identityconsolidated 2025-12-31pass rounding
balance sheet identitynon_consolidated 2024-12-31pass
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