Annual report

Period2023-01-01 → 2023-12-31

Filed2024-04-05

StandardJapan GAAP

ConsolidatedYes

Data checks23 of 23 passed

Amends S100T6K0. Amended by S100T8AG (2024-04-05).

Key figures · 108

Metric	Value	Period	Scope	Source row
Revenue	¥11.8bn	2023-01-01 → 2023-12-31	Cons.	Net sales
Revenue	¥9.3bn	2022-01-01 → 2022-12-31	Cons.	Net sales
Operating income	−¥1.1bn	2023-01-01 → 2023-12-31	Cons.	Operating income
Operating income	−¥1.3bn	2022-01-01 → 2022-12-31	Cons.	Operating income
Ordinary income	−¥1.1bn	2023-01-01 → 2023-12-31	Cons.	Ordinary income
Ordinary income	−¥1.3bn	2022-01-01 → 2022-12-31	Cons.	Ordinary income
Profit before tax	−¥1.4bn	2023-01-01 → 2023-12-31	Cons.	Income before income taxes
Profit before tax	−¥1.4bn	2022-01-01 → 2022-12-31	Cons.	Income before income taxes
Net income (owners)	−¥1.4bn	2023-01-01 → 2023-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥1.4bn	2022-01-01 → 2022-12-31	Cons.	Profit loss attributable to owners of parent
Net income	−¥1.4bn	2023-01-01 → 2023-12-31	Cons.	Profit loss
Net income	−¥1.4bn	2022-01-01 → 2022-12-31	Cons.	Profit loss
Total assets	¥11.7bn	at 2023-12-31	Cons.	Assets
Total assets	¥12.7bn	at 2022-12-31	Cons.	Assets
Total liabilities	¥1.7bn	at 2023-12-31	Cons.	Liabilities
Total liabilities	¥1.5bn	at 2022-12-31	Cons.	Liabilities
Net assets / equity	¥10.0bn	at 2023-12-31	Cons.	Net assets
Net assets / equity	¥11.2bn	at 2022-12-31	Cons.	Net assets
Net assets / equity	¥12.5bn	at 2021-12-31^d	Cons.	Net assets
Cash and deposits	¥7.2bn	at 2023-12-31	Cons.	Cash and deposits
Cash and deposits	¥8.8bn	at 2022-12-31	Cons.	Cash and deposits
Cash & equivalents	¥7.1bn	at 2023-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥8.7bn	at 2022-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥11.5bn	at 2021-12-31^d	Cons.	Cash and cash equivalents
Operating cash flow	−¥1.4bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥1.5bn	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in operating activities
Investing cash flow	−¥311m	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥1.4bn	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in investment activities
Financing cash flow	¥142m	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥108m	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in financing activities
EPS (basic)	¥-26.34	2023-01-01 → 2023-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-27.05	2022-01-01 → 2022-12-31	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥181.26	at 2023-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥208.56	at 2022-12-31	Cons.	Net assets per share (5-year summary)
Equity ratio	85.6%	at 2023-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	88.3%	at 2022-12-31	Cons.	Equity to asset ratio (5-year summary)
Employees	428	at 2023-12-31	Cons.	Number of employees
Employees	337	at 2022-12-31	Cons.	Number of employees
Revenue	¥11.8bn	2023-01-01 → 2023-12-31	Standalone	Net sales
Revenue	¥9.3bn	2022-01-01 → 2022-12-31	Standalone	Net sales
Revenue	¥8.5bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥5.0bn	2020-01-01 → 2020-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥2.0bn	2019-01-01 → 2019-12-31^d	Standalone	Net sales (5-year summary)
Operating income	−¥1.1bn	2023-01-01 → 2023-12-31	Standalone	Operating income
Operating income	−¥1.3bn	2022-01-01 → 2022-12-31	Standalone	Operating income
Ordinary income	−¥1.1bn	2023-01-01 → 2023-12-31	Standalone	Ordinary income
Ordinary income	−¥1.3bn	2022-01-01 → 2022-12-31	Standalone	Ordinary income
Ordinary income	−¥154m	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥97m	2020-01-01 → 2020-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥495m	2019-01-01 → 2019-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	−¥1.4bn	2023-01-01 → 2023-12-31	Standalone	Income before income taxes
Profit before tax	−¥1.4bn	2022-01-01 → 2022-12-31	Standalone	Income before income taxes
Net income	−¥1.4bn	2023-01-01 → 2023-12-31	Standalone	Profit loss
Net income	−¥1.4bn	2022-01-01 → 2022-12-31	Standalone	Profit loss
Net income	−¥174m	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Net income	−¥99m	2020-01-01 → 2020-12-31^d	Standalone	Net income loss (5-year summary)
Net income	−¥496m	2019-01-01 → 2019-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥11.7bn	at 2023-12-31	Standalone	Assets
Total assets	¥12.7bn	at 2022-12-31	Standalone	Assets
Total assets	¥13.7bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥3.1bn	at 2020-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥3.0bn	at 2019-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥1.7bn	at 2023-12-31	Standalone	Liabilities
Total liabilities	¥1.5bn	at 2022-12-31	Standalone	Liabilities
Net assets / equity	¥10.1bn	at 2023-12-31	Standalone	Net assets
Net assets / equity	¥11.2bn	at 2022-12-31	Standalone	Net assets
Net assets / equity	¥12.5bn	at 2021-12-31^d	Standalone	Net assets
Net assets / equity	¥2.1bn	at 2020-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥2.2bn	at 2019-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥7.1bn	at 2023-12-31	Standalone	Cash and deposits
Cash and deposits	¥8.7bn	at 2022-12-31	Standalone	Cash and deposits
Cash & equivalents	¥11.5bn	at 2021-12-31^d	Standalone	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥1.5bn	at 2020-12-31^d	Standalone	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥2.1bn	at 2019-12-31^d	Standalone	Cash and cash equivalents (5-year summary)
Operating cash flow	−¥276m	2021-01-01 → 2021-12-31^d	Standalone	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥318m	2020-01-01 → 2020-12-31^d	Standalone	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥779m	2019-01-01 → 2019-12-31^d	Standalone	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥118m	2021-01-01 → 2021-12-31^d	Standalone	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥188m	2020-01-01 → 2020-12-31^d	Standalone	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥36m	2019-01-01 → 2019-12-31^d	Standalone	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	¥10.4bn	2021-01-01 → 2021-12-31^d	Standalone	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥44m	2020-01-01 → 2020-12-31^d	Standalone	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥2.3bn	2019-01-01 → 2019-12-31^d	Standalone	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥-25.63	2023-01-01 → 2023-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-26.9	2022-01-01 → 2022-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-3.69	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-2.17	2020-01-01 → 2020-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-11.91	2019-01-01 → 2019-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
Net assets per share	¥182.09	at 2023-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥208.71	at 2022-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥240.22	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥45.59	at 2020-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥47.76	at 2019-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	85.6%	at 2023-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	88.3%	at 2022-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	91.3%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	67.6%	at 2020-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	73.6%	at 2019-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Shares issued	55,256,695	at 2023-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	53,876,476	at 2022-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	52,143,000	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	45,850	at 2020-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	45,850	at 2019-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	428	at 2023-12-31	Standalone	Number of employees
Employees	337	at 2022-12-31	Standalone	Number of employees
Employees	256	at 2021-12-31^d	Standalone	Number of employees
Employees	135	at 2020-12-31^d	Standalone	Number of employees
Employees	94	at 2019-12-31^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 · 1,258

Item	Context	Value	Unit
Income before income taxes	Prior1YearDuration	-1430431000	JPY
Income before income taxes	CurrentYearDuration	-1434706000	JPY
Depreciation and amortization ope cf	Prior1YearDuration	25037000	JPY
Depreciation and amortization ope cf	CurrentYearDuration	23561000	JPY
Impairment loss ope cf	Prior1YearDuration	131632000	JPY
Impairment loss ope cf	CurrentYearDuration	326182000	JPY
Share based compensation expenses ope cf	Prior1YearDuration	19239000	JPY
Share based compensation expenses ope cf	CurrentYearDuration	33667000	JPY
Increase decrease in allowance for doubtful accounts ope cf	Prior1YearDuration	-372000	JPY
Increase decrease in allowance for doubtful accounts ope cf	CurrentYearDuration	613000	JPY
Increase decrease in provision for bonuses ope cf	Prior1YearDuration	54520000	JPY
Increase decrease in provision for bonuses ope cf	CurrentYearDuration	-25620000	JPY
Interest income ope cf	Prior1YearDuration	-19000	JPY
Interest income ope cf	CurrentYearDuration	-35000	JPY
Subsidy income ope cf	Prior1YearDuration	-1000000	JPY
Subsidy income ope cf	CurrentYearDuration	－	JPY
Subsidy income2 ope cf	Prior1YearDuration	-754000	JPY
Subsidy income2 ope cf	CurrentYearDuration	－	JPY
Compensation income ope cf	Prior1YearDuration	－	JPY
Compensation income ope cf	CurrentYearDuration	-4680000	JPY
Gain on insurance claim ope cf	Prior1YearDuration	-1809000	JPY
Gain on insurance claim ope cf	CurrentYearDuration	-1234000	JPY
Interest expenses ope cf	Prior1YearDuration	757000	JPY
Interest expenses ope cf	CurrentYearDuration	364000	JPY
Loss gain on investments in partnership ope cf	Prior1YearDuration	9859000	JPY
Loss gain on investments in partnership ope cf	CurrentYearDuration	2064000	JPY
Equity in earnings losses of affiliates ope cf	Prior1YearDuration	－	JPY
Equity in earnings losses of affiliates ope cf	CurrentYearDuration	19448000	JPY
Loss on retirement of noncurrent assets ope cf	Prior1YearDuration	97000	JPY
Loss on retirement of noncurrent assets ope cf	CurrentYearDuration	－	JPY
Gain on donation of noncurrent assets ope cf	Prior1YearDuration	－	JPY
Gain on donation of noncurrent assets ope cf	CurrentYearDuration	-1994000	JPY
Increase decrease in notes accounts receivable trade and contract assets ope cf	Prior1YearDuration	-71420000	JPY
Increase decrease in notes accounts receivable trade and contract assets ope cf	CurrentYearDuration	-561084000	JPY
Decrease increase in inventories ope cf	Prior1YearDuration	-411586000	JPY
Decrease increase in inventories ope cf	CurrentYearDuration	57720000	JPY
Increase decrease in notes and accounts payable trade ope cf	Prior1YearDuration	54810000	JPY
Increase decrease in notes and accounts payable trade ope cf	CurrentYearDuration	145407000	JPY
Increase decrease in contract liabilities ope cf	Prior1YearDuration	17105000	JPY
Increase decrease in contract liabilities ope cf	CurrentYearDuration	23668000	JPY
Other net ope cf	Prior1YearDuration	66826000	JPY
Other net ope cf	CurrentYearDuration	-14831000	JPY
Subtotal ope cf	Prior1YearDuration	-1537507000	JPY
Subtotal ope cf	CurrentYearDuration	-1411487000	JPY
Interest income received ope cf	Prior1YearDuration	19000	JPY
Interest income received ope cf	CurrentYearDuration	30000	JPY
Interest expenses paid ope cf fin cf	Prior1YearDuration	-818000	JPY
Interest expenses paid ope cf fin cf	CurrentYearDuration	-364000	JPY
Proceeds from subsidy ope cf	Prior1YearDuration	1000000	JPY
Proceeds from subsidy ope cf	CurrentYearDuration	－	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 · 23 of 23 passed

balance sheet identity	consolidated 2022-12-31	pass rounding
balance sheet identity	consolidated 2023-12-31	pass
balance sheet identity	non_consolidated 2022-12-31	pass rounding
balance sheet identity	non_consolidated 2023-12-31	pass rounding
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2022-12-31	pass
statement vs summary · net assets	consolidated 2023-12-31	pass
statement vs summary · net assets	non_consolidated 2021-12-31	pass
statement vs summary · net assets	non_consolidated 2022-12-31	pass
statement vs summary · net assets	non_consolidated 2023-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · operating cash flow	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · operating cash flow	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · revenue	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	non_consolidated 2022-01-01/2022-12-31	pass
statement vs summary · revenue	non_consolidated 2023-01-01/2023-12-31	pass
statement vs summary · total assets	consolidated 2022-12-31	pass
statement vs summary · total assets	consolidated 2023-12-31	pass
statement vs summary · total assets	non_consolidated 2022-12-31	pass
statement vs summary · total assets	non_consolidated 2023-12-31	pass