Annual report

Period2025-01-01 → 2025-12-31

Filed2026-03-27

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 149

Metric	Value	Period	Scope	Source row
Revenue	¥6.8bn	2025-01-01 → 2025-12-31	Cons.	Net sales
Revenue	¥6.2bn	2024-01-01 → 2024-12-31	Cons.	Net sales
Revenue	¥5.2bn	2023-01-01 → 2023-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥3.4bn	2022-01-01 → 2022-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥3.4bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥326m	2025-01-01 → 2025-12-31	Cons.	Operating income
Operating income	¥306m	2024-01-01 → 2024-12-31	Cons.	Operating income
Ordinary income	¥300m	2025-01-01 → 2025-12-31	Cons.	Ordinary income
Ordinary income	¥294m	2024-01-01 → 2024-12-31	Cons.	Ordinary income
Ordinary income	¥175m	2023-01-01 → 2023-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	−¥184m	2022-01-01 → 2022-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥148m	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥300m	2025-01-01 → 2025-12-31	Cons.	Income before income taxes
Profit before tax	¥284m	2024-01-01 → 2024-12-31	Cons.	Income before income taxes
Net income (owners)	¥188m	2025-01-01 → 2025-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥241m	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥169m	2023-01-01 → 2023-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	−¥228m	2022-01-01 → 2022-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥131m	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥188m	2025-01-01 → 2025-12-31	Cons.	Profit loss
Net income	¥241m	2024-01-01 → 2024-12-31	Cons.	Profit loss
Total assets	¥5.3bn	at 2025-12-31	Cons.	Assets
Total assets	¥3.8bn	at 2024-12-31	Cons.	Assets
Total assets	¥2.7bn	at 2023-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥2.0bn	at 2022-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥2.0bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥2.3bn	at 2025-12-31	Cons.	Liabilities
Total liabilities	¥2.5bn	at 2024-12-31	Cons.	Liabilities
Net assets / equity	¥2.9bn	at 2025-12-31	Cons.	Net assets
Net assets / equity	¥1.3bn	at 2024-12-31	Cons.	Net assets
Net assets / equity	¥1.0bn	at 2023-12-31^v	Cons.	Net assets
Net assets / equity	¥842m	at 2022-12-31^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥983m	at 2021-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥2.3bn	at 2025-12-31	Cons.	Cash and deposits
Cash and deposits	¥1.2bn	at 2024-12-31	Cons.	Cash and deposits
Cash & equivalents	¥2.2bn	at 2025-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥1.2bn	at 2024-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥809m	at 2023-12-31^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥474m	at 2022-12-31^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥676m	at 2021-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥220m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥331m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥99m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥268m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥122m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥267m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥502m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥36m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥145m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥71m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	¥1.1bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥558m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥271m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥210m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥252m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥34.3	2025-01-01 → 2025-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥50.53	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥35.67	2023-01-01 → 2023-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-48.52	2022-01-01 → 2022-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥31.67	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥33.8	2025-01-01 → 2025-12-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥49.17	2024-01-01 → 2024-12-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥34.56	2023-01-01 → 2023-12-31^v	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥30.11	2021-01-01 → 2021-12-31^d	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥518.91	at 2025-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥268.33	at 2024-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥215.42	at 2023-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥178.53	at 2022-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥214.15	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	55.7%	at 2025-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	33.9%	at 2024-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	37.2%	at 2023-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	42.3%	at 2022-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	49.6%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	8.9%	2025-01-01 → 2025-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	20.9%	2024-01-01 → 2024-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	18.1%	2023-01-01 → 2023-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	18.3%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	199	at 2025-12-31	Cons.	Number of employees
Employees	157	at 2024-12-31	Cons.	Number of employees
Employees	131	at 2023-12-31^v	Cons.	Number of employees
Employees	113	at 2022-12-31^v	Cons.	Number of employees
Employees	98	at 2021-12-31^d	Cons.	Number of employees
Revenue	¥6.3bn	2025-01-01 → 2025-12-31	Standalone	Net sales
Revenue	¥5.9bn	2024-01-01 → 2024-12-31	Standalone	Net sales
Revenue	¥5.2bn	2023-01-01 → 2023-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥3.4bn	2022-01-01 → 2022-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥3.4bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥305m	2025-01-01 → 2025-12-31	Standalone	Operating income
Operating income	¥338m	2024-01-01 → 2024-12-31	Standalone	Operating income
Ordinary income	¥278m	2025-01-01 → 2025-12-31	Standalone	Ordinary income
Ordinary income	¥325m	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	¥172m	2023-01-01 → 2023-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥189m	2022-01-01 → 2022-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥155m	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥278m	2025-01-01 → 2025-12-31	Standalone	Income before income taxes
Profit before tax	¥315m	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Net income	¥201m	2025-01-01 → 2025-12-31	Standalone	Profit loss
Net income	¥290m	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	¥166m	2023-01-01 → 2023-12-31^v	Standalone	Net income loss (5-year summary)
Net income	−¥232m	2022-01-01 → 2022-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥139m	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥5.2bn	at 2025-12-31	Standalone	Assets
Total assets	¥3.7bn	at 2024-12-31	Standalone	Assets
Total assets	¥2.8bn	at 2023-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥2.0bn	at 2022-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥2.0bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥2.2bn	at 2025-12-31	Standalone	Liabilities
Total liabilities	¥2.4bn	at 2024-12-31	Standalone	Liabilities
Net assets / equity	¥3.0bn	at 2025-12-31	Standalone	Net assets
Net assets / equity	¥1.3bn	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥1.0bn	at 2023-12-31^v	Standalone	Net assets
Net assets / equity	¥849m	at 2022-12-31^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥996m	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥1.6bn	at 2025-12-31	Standalone	Cash and deposits
Cash and deposits	¥705m	at 2024-12-31	Standalone	Cash and deposits
EPS (basic)	¥36.69	2025-01-01 → 2025-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥60.89	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥35	2023-01-01 → 2023-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-49.55	2022-01-01 → 2022-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥33.44	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥36.16	2025-01-01 → 2025-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥59.53	2024-01-01 → 2024-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥33.91	2023-01-01 → 2023-12-31^v	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥31.79	2021-01-01 → 2021-12-31^d	Standalone	Diluted earnings per share (5-year summary)
Net assets per share	¥530.59	at 2025-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥279.44	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥216.11	at 2023-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥180.03	at 2022-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥216.93	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	58.0%	at 2025-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	35.7%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	37.3%	at 2023-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	42.5%	at 2022-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	50.0%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	9.3%	2025-01-01 → 2025-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	24.6%	2024-01-01 → 2024-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	17.7%	2023-01-01 → 2023-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	19.1%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	5,639,420	at 2025-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	4,777,620	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	4,744,920	at 2023-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	4,717,020	at 2022-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	4,590,620	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	171	at 2025-12-31	Standalone	Number of employees
Employees	141	at 2024-12-31	Standalone	Number of employees
Employees	129	at 2023-12-31^v	Standalone	Number of employees
Employees	111	at 2022-12-31^v	Standalone	Number of employees
Employees	94	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.

Segments · 1

Segment	Item	Period	Value
Security Solution Businessreportable segment	employees	at 2025-12-31	199 pure

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

All source rows · 1,340

Item	Context	Value	Unit
Issuance of new sharesexercise of subscription rights to shares	CurrentYearDuration_ShareholdersEquityMember	16008000	JPY
Profit loss attributable to owners of parent	CurrentYearDuration_RetainedEarningsMember	187586000	JPY
Profit loss attributable to owners of parent	CurrentYearDuration_ShareholdersEquityMember	187586000	JPY
Purchase of treasury stock	CurrentYearDuration_ShareholdersEquityMember	－	JPY
Total changes of items during the period	CurrentYearDuration_CapitalStockMember	735608000	JPY
Total changes of items during the period	CurrentYearDuration_CapitalSurplusMember	735599000	JPY
Total changes of items during the period	CurrentYearDuration_RetainedEarningsMember	187586000	JPY
Total changes of items during the period	CurrentYearDuration_TreasuryStockMember	－	JPY
Total changes of items during the period	CurrentYearDuration_ShareholdersEquityMember	1658794000	JPY
Net assets	CurrentYearInstant_CapitalStockMember	1282493000	JPY
Net assets	CurrentYearInstant_CapitalSurplusMember	1163478000	JPY
Net assets	CurrentYearInstant_RetainedEarningsMember	486628000	JPY
Net assets	CurrentYearInstant_TreasuryStockMember	-218000	JPY
Net assets	CurrentYearInstant_ShareholdersEquityMember	2932382000	JPY
Net assets	Prior1YearInstant_ValuationDifferenceOnAvailableForSaleSecuritiesMember	－	JPY
Net assets	Prior1YearInstant_DeferredGainsOrLossesOnHedgesMember	6477000	JPY
Net assets	Prior1YearInstant_ForeignCurrencyTranslationAdjustmentMember	1910000	JPY
Net assets	Prior1YearInstant_ValuationAndTranslationAdjustmentsMember	8387000	JPY
Net assets	Prior1YearInstant_SubscriptionRightsToSharesMember	160000	JPY
Net assets	Prior1YearInstant	1282134000	JPY
Issuance of new shares	CurrentYearDuration	1455200000	JPY
Issuance of new sharesexercise of subscription rights to shares	CurrentYearDuration	16008000	JPY
Profit loss attributable to owners of parent	CurrentYearDuration	187586000	JPY
Purchase of treasury stock	CurrentYearDuration	－	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_ValuationDifferenceOnAvailableForSaleSecuritiesMember	-9624000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_DeferredGainsOrLossesOnHedgesMember	-5115000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_ForeignCurrencyTranslationAdjustmentMember	287000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_ValuationAndTranslationAdjustmentsMember	-14453000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_SubscriptionRightsToSharesMember	-2000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration	-14455000	JPY
Total changes of items during the period	CurrentYearDuration_ValuationDifferenceOnAvailableForSaleSecuritiesMember	-9624000	JPY
Total changes of items during the period	CurrentYearDuration_DeferredGainsOrLossesOnHedgesMember	-5115000	JPY
Total changes of items during the period	CurrentYearDuration_ForeignCurrencyTranslationAdjustmentMember	287000	JPY
Total changes of items during the period	CurrentYearDuration_ValuationAndTranslationAdjustmentsMember	-14453000	JPY
Total changes of items during the period	CurrentYearDuration_SubscriptionRightsToSharesMember	-2000	JPY
Total changes of items during the period	CurrentYearDuration	1644339000	JPY
Net assets	CurrentYearInstant_ValuationDifferenceOnAvailableForSaleSecuritiesMember	-9624000	JPY
Net assets	CurrentYearInstant_DeferredGainsOrLossesOnHedgesMember	1361000	JPY
Net assets	CurrentYearInstant_ForeignCurrencyTranslationAdjustmentMember	2197000	JPY
Net assets	CurrentYearInstant_ValuationAndTranslationAdjustmentsMember	-6065000	JPY
Net assets	CurrentYearInstant_SubscriptionRightsToSharesMember	158000	JPY
Net assets	CurrentYearInstant	2926474000	JPY
Income before income taxes	Prior1YearDuration	283733000	JPY
Income before income taxes	CurrentYearDuration	299863000	JPY
Depreciation and amortization ope cf	Prior1YearDuration	56639000	JPY
Depreciation and amortization ope cf	CurrentYearDuration	59486000	JPY
Amortization of goodwill ope cf	Prior1YearDuration	29747000	JPY
Amortization of goodwill ope cf	CurrentYearDuration	32808000	JPY
Increase decrease in allowance for doubtful accounts ope cf	Prior1YearDuration	1932000	JPY
Increase decrease in allowance for doubtful accounts ope cf	CurrentYearDuration	5429000	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
balance sheet identity	non_consolidated 2025-12-31	pass
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