Annual report

Period2025-01-01 → 2025-12-31
Filed2026-03-26
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 155
MetricValuePeriodScopeSource row
Revenue¥8.1bn2025-01-01 → 2025-12-31Cons.Net sales
Revenue¥6.7bn2024-01-01 → 2024-12-31Cons.Net sales
Revenue¥5.9bn2023-01-01 → 2023-12-31vCons.Net sales (5-year summary)
Revenue¥5.3bn2022-01-01 → 2022-12-31vCons.Net sales (5-year summary)
Revenue¥3.8bn2021-01-01 → 2021-12-31dCons.Net sales (5-year summary)
Operating income¥713m2025-01-01 → 2025-12-31Cons.Operating income
Operating income¥528m2024-01-01 → 2024-12-31Cons.Operating income
Ordinary income¥703m2025-01-01 → 2025-12-31Cons.Ordinary income
Ordinary income¥510m2024-01-01 → 2024-12-31Cons.Ordinary income
Ordinary income¥627m2023-01-01 → 2023-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥470m2022-01-01 → 2022-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥380m2021-01-01 → 2021-12-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥680m2025-01-01 → 2025-12-31Cons.Income before income taxes
Profit before tax¥510m2024-01-01 → 2024-12-31Cons.Income before income taxes
Net income (owners)¥388m2025-01-01 → 2025-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥327m2024-01-01 → 2024-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥447m2023-01-01 → 2023-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥318m2022-01-01 → 2022-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥254m2021-01-01 → 2021-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥430m2025-01-01 → 2025-12-31Cons.Profit loss
Net income¥326m2024-01-01 → 2024-12-31Cons.Profit loss
Total assets¥6.5bnat 2025-12-31Cons.Assets
Total assets¥5.7bnat 2024-12-31Cons.Assets
Total assets¥4.9bnat 2023-12-31vCons.Total assets (5-year summary)
Total assets¥3.4bnat 2022-12-31vCons.Total assets (5-year summary)
Total assets¥2.8bnat 2021-12-31dCons.Total assets (5-year summary)
Total liabilities¥2.7bnat 2025-12-31Cons.Liabilities
Total liabilities¥2.4bnat 2024-12-31Cons.Liabilities
Net assets / equity¥3.8bnat 2025-12-31Cons.Net assets
Net assets / equity¥3.3bnat 2024-12-31Cons.Net assets
Net assets / equity¥2.8bnat 2023-12-31vCons.Net assets
Net assets / equity¥2.3bnat 2022-12-31vCons.Net assets (5-year summary)
Net assets / equity¥1.9bnat 2021-12-31dCons.Net assets (5-year summary)
Cash and deposits¥2.1bnat 2025-12-31Cons.Cash and deposits
Cash and deposits¥1.5bnat 2024-12-31Cons.Cash and deposits
Cash & equivalents¥2.1bnat 2025-12-31Cons.Cash and cash equivalents
Cash & equivalents¥1.5bnat 2024-12-31Cons.Cash and cash equivalents
Cash & equivalents¥1.8bnat 2023-12-31vCons.Cash and cash equivalents
Cash & equivalents¥1.3bnat 2022-12-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥992mat 2021-12-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥1.1bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥116m2024-01-01 → 2024-12-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥79m2023-01-01 → 2023-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥431m2022-01-01 → 2022-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥372m2021-01-01 → 2021-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥290m2025-01-01 → 2025-12-31Cons.Net cash provided by used in investment activities
Investing cash flow¥62m2024-01-01 → 2024-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥210m2023-01-01 → 2023-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥79m2022-01-01 → 2022-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥252m2021-01-01 → 2021-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥267m2025-01-01 → 2025-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥253m2024-01-01 → 2024-12-31Cons.Net cash provided by used in financing activities
Financing cash flow¥783m2023-01-01 → 2023-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥1m2022-01-01 → 2022-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥7m2021-01-01 → 2021-12-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥127.52025-01-01 → 2025-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥112.972024-01-01 → 2024-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥157.012023-01-01 → 2023-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥114.212022-01-01 → 2022-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥93.32021-01-01 → 2021-12-31dCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥1232025-01-01 → 2025-12-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥107.672024-01-01 → 2024-12-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥148.992023-01-01 → 2023-12-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥108.052022-01-01 → 2022-12-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥88.182021-01-01 → 2021-12-31dCons.Diluted earnings per share (5-year summary)
Net assets per share¥1,141.94at 2025-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,078.52at 2024-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥978.19at 2023-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥811.09at 2022-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥703.66at 2021-12-31dCons.Net assets per share (5-year summary)
Equity ratio54.6%at 2025-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio55.5%at 2024-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio56.6%at 2023-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio66.9%at 2022-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio68.1%at 2021-12-31dCons.Equity to asset ratio (5-year summary)
ROE11.5%2025-01-01 → 2025-12-31Cons.Rate of return on equity (5-year summary)
ROE11.0%2024-01-01 → 2024-12-31Cons.Rate of return on equity (5-year summary)
ROE17.6%2023-01-01 → 2023-12-31vCons.Rate of return on equity (5-year summary)
ROE15.1%2022-01-01 → 2022-12-31vCons.Rate of return on equity (5-year summary)
ROE13.2%2021-01-01 → 2021-12-31dCons.Rate of return on equity (5-year summary)
Employees481at 2025-12-31Cons.Number of employees
Employees379at 2024-12-31Cons.Number of employees
Employees333at 2023-12-31vCons.Number of employees
Employees262at 2022-12-31vCons.Number of employees
Employees231at 2021-12-31dCons.Number of employees
Revenue¥4.7bn2025-01-01 → 2025-12-31StandaloneNet sales
Revenue¥4.2bn2024-01-01 → 2024-12-31StandaloneNet sales
Revenue¥4.5bn2023-01-01 → 2023-12-31vStandaloneNet sales (5-year summary)
Revenue¥4.0bn2022-01-01 → 2022-12-31vStandaloneNet sales (5-year summary)
Revenue¥3.3bn2021-01-01 → 2021-12-31dStandaloneNet sales (5-year summary)
Operating income¥297m2025-01-01 → 2025-12-31StandaloneOperating income
Operating income¥218m2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income¥347m2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income¥240m2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income¥576m2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥426m2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥358m2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥343m2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax¥240m2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income¥246m2025-01-01 → 2025-12-31StandaloneProfit loss
Net income¥167m2024-01-01 → 2024-12-31StandaloneProfit loss
Net income¥422m2023-01-01 → 2023-12-31vStandaloneNet income loss (5-year summary)
Net income¥305m2022-01-01 → 2022-12-31vStandaloneNet income loss (5-year summary)
Net income¥249m2021-01-01 → 2021-12-31dStandaloneNet income loss (5-year summary)
Total assets¥5.0bnat 2025-12-31StandaloneAssets
Total assets¥4.6bnat 2024-12-31StandaloneAssets
Total assets¥4.7bnat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥3.2bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥2.7bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥1.8bnat 2025-12-31StandaloneLiabilities
Total liabilities¥1.7bnat 2024-12-31StandaloneLiabilities
Net assets / equity¥3.2bnat 2025-12-31StandaloneNet assets
Net assets / equity¥3.0bnat 2024-12-31StandaloneNet assets
Net assets / equity¥2.8bnat 2023-12-31vStandaloneNet assets
Net assets / equity¥2.3bnat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥1.9bnat 2021-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥945mat 2025-12-31StandaloneCash and deposits
Cash and deposits¥569mat 2024-12-31StandaloneCash and deposits
EPS (basic)¥80.762025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥57.472024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥148.492023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥109.532022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥91.592021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥77.912025-01-01 → 2025-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥54.772024-01-01 → 2024-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥140.92023-01-01 → 2023-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥103.622022-01-01 → 2022-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥86.572021-01-01 → 2021-12-31dStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥252025-01-01 → 2025-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥332024-01-01 → 2024-12-31StandaloneDividend paid per share (5-year summary)
Net assets per share¥1,026.08at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,003.84at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥963.52at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥804.82at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥701.96at 2021-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio64.5%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio63.9%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio58.7%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio71.0%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio71.9%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE8.0%2025-01-01 → 2025-12-31StandaloneRate of return on equity (5-year summary)
ROE5.8%2024-01-01 → 2024-12-31StandaloneRate of return on equity (5-year summary)
ROE16.8%2023-01-01 → 2023-12-31vStandaloneRate of return on equity (5-year summary)
ROE14.6%2022-01-01 → 2022-12-31vStandaloneRate of return on equity (5-year summary)
ROE14.0%2021-01-01 → 2021-12-31dStandaloneRate of return on equity (5-year summary)
Shares issued3,135,406at 2025-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued2,953,502at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued1,433,292at 2023-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued1,415,486at 2022-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued1,368,132at 2021-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees215at 2025-12-31StandaloneNumber of employees
Employees206at 2024-12-31StandaloneNumber of employees
Employees203at 2023-12-31vStandaloneNumber of employees
Employees185at 2022-12-31vStandaloneNumber of employees
Employees167at 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 · 1
SegmentItemPeriodValue
Business Technology Solutionreportable segmentemployeesat 2025-12-31481 pure

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

All source rows · 1,377
ItemContextValueUnit
Net assets per share (5-year summary)Prior2YearInstant_NonConsolidatedMember963.52
Net assets per share (5-year summary)Prior1YearInstant_NonConsolidatedMember1003.84
Net assets per share (5-year summary)CurrentYearInstant_NonConsolidatedMember1026.08
Dividend paid per share (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Dividend paid per share (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Dividend paid per share (5-year summary)Prior2YearDuration_NonConsolidatedMember-
Dividend paid per share (5-year summary)Prior1YearDuration_NonConsolidatedMember33.00
Dividend paid per share (5-year summary)CurrentYearDuration_NonConsolidatedMember25.00
Interim dividend paid per share (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior2YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior1YearDuration_NonConsolidatedMember22.00
Interim dividend paid per share (5-year summary)CurrentYearDuration_NonConsolidatedMember12.50
Basic earnings loss per share (5-year summary)Prior4YearDuration_NonConsolidatedMember91.59
Basic earnings loss per share (5-year summary)Prior3YearDuration_NonConsolidatedMember109.53
Basic earnings loss per share (5-year summary)Prior2YearDuration_NonConsolidatedMember148.49
Basic earnings loss per share (5-year summary)Prior1YearDuration_NonConsolidatedMember57.47
Basic earnings loss per share (5-year summary)CurrentYearDuration_NonConsolidatedMember80.76
Diluted earnings per share (5-year summary)Prior4YearDuration_NonConsolidatedMember86.57
Diluted earnings per share (5-year summary)Prior3YearDuration_NonConsolidatedMember103.62
Diluted earnings per share (5-year summary)Prior2YearDuration_NonConsolidatedMember140.90
Diluted earnings per share (5-year summary)Prior1YearDuration_NonConsolidatedMember54.77
Diluted earnings per share (5-year summary)CurrentYearDuration_NonConsolidatedMember77.91
Equity to asset ratio (5-year summary)Prior4YearInstant_NonConsolidatedMember0.719
Equity to asset ratio (5-year summary)Prior3YearInstant_NonConsolidatedMember0.710
Equity to asset ratio (5-year summary)Prior2YearInstant_NonConsolidatedMember0.587
Equity to asset ratio (5-year summary)Prior1YearInstant_NonConsolidatedMember0.639
Equity to asset ratio (5-year summary)CurrentYearInstant_NonConsolidatedMember0.645
Rate of return on equity (5-year summary)Prior4YearDuration_NonConsolidatedMember0.140
Rate of return on equity (5-year summary)Prior3YearDuration_NonConsolidatedMember0.146
Rate of return on equity (5-year summary)Prior2YearDuration_NonConsolidatedMember0.168
Rate of return on equity (5-year summary)Prior1YearDuration_NonConsolidatedMember0.058
Rate of return on equity (5-year summary)CurrentYearDuration_NonConsolidatedMember0.080
Price earnings ratio (5-year summary)Prior4YearDuration_NonConsolidatedMember12.8
Price earnings ratio (5-year summary)Prior3YearDuration_NonConsolidatedMember11.1
Price earnings ratio (5-year summary)Prior2YearDuration_NonConsolidatedMember8.3
Price earnings ratio (5-year summary)Prior1YearDuration_NonConsolidatedMember19.9
Price earnings ratio (5-year summary)CurrentYearDuration_NonConsolidatedMember25.8
Payout ratio (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Payout ratio (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Payout ratio (5-year summary)Prior2YearDuration_NonConsolidatedMember-
Payout ratio (5-year summary)Prior1YearDuration_NonConsolidatedMember0.383
Payout ratio (5-year summary)CurrentYearDuration_NonConsolidatedMember0.310
Number of employeesPrior4YearInstant_NonConsolidatedMember167
Number of employeesPrior3YearInstant_NonConsolidatedMember185
Number of employeesPrior2YearInstant_NonConsolidatedMember203
Number of employeesPrior1YearInstant_NonConsolidatedMember206
Number of employeesCurrentYearInstant_NonConsolidatedMember215
Average number of temporary workersPrior4YearInstant_NonConsolidatedMember66
Average number of temporary workersPrior3YearInstant_NonConsolidatedMember78

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