Annual report

Period2025-01-01 → 2025-12-31

Filed2026-03-23

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 133

Metric	Value	Period	Scope	Source row
Revenue	¥388m	2025-01-01 → 2025-12-31	Cons.	Net sales
Revenue	¥472m	2024-01-01 → 2024-12-31	Cons.	Net sales
Revenue	¥428m	2023-01-01 → 2023-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥448m	2022-01-01 → 2022-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥414m	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Operating income	−¥620m	2025-01-01 → 2025-12-31	Cons.	Operating income
Operating income	−¥1.2bn	2024-01-01 → 2024-12-31	Cons.	Operating income
Ordinary income	−¥630m	2025-01-01 → 2025-12-31	Cons.	Ordinary income
Ordinary income	−¥1.2bn	2024-01-01 → 2024-12-31	Cons.	Ordinary income
Ordinary income	−¥796m	2023-01-01 → 2023-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	−¥296m	2022-01-01 → 2022-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	−¥160m	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	−¥630m	2025-01-01 → 2025-12-31	Cons.	Income before income taxes
Profit before tax	−¥1.3bn	2024-01-01 → 2024-12-31	Cons.	Income before income taxes
Net income (owners)	−¥632m	2025-01-01 → 2025-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥1.3bn	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥812m	2023-01-01 → 2023-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	−¥430m	2022-01-01 → 2022-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	−¥149m	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	−¥632m	2025-01-01 → 2025-12-31	Cons.	Profit loss
Net income	−¥1.3bn	2024-01-01 → 2024-12-31	Cons.	Profit loss
Total assets	¥2.2bn	at 2025-12-31	Cons.	Assets
Total assets	¥1.7bn	at 2024-12-31	Cons.	Assets
Total assets	¥2.4bn	at 2023-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥3.0bn	at 2022-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥2.5bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥734m	at 2025-12-31	Cons.	Liabilities
Total liabilities	¥936m	at 2024-12-31	Cons.	Liabilities
Net assets / equity	¥1.4bn	at 2025-12-31	Cons.	Net assets
Net assets / equity	¥734m	at 2024-12-31	Cons.	Net assets
Net assets / equity	¥1.3bn	at 2023-12-31^v	Cons.	Net assets
Net assets / equity	¥1.9bn	at 2022-12-31^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥2.0bn	at 2021-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥1.7bn	at 2025-12-31	Cons.	Cash and deposits
Cash and deposits	¥1.1bn	at 2024-12-31	Cons.	Cash and deposits
Cash & equivalents	¥1.7bn	at 2025-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥1.1bn	at 2024-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥1.9bn	at 2023-12-31^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥2.3bn	at 2022-12-31^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥1.9bn	at 2021-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	−¥494m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥1.3bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥587m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥355m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥176m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥2m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥10m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥15m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥140m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥111m	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	¥568m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥134m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥867m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥104m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥-13.19	2025-01-01 → 2025-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-36.74	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-25.56	2023-01-01 → 2023-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-14.5	2022-01-01 → 2022-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-5.08	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥26.44	at 2025-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥17.59	at 2024-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥39.81	at 2023-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥60.14	at 2022-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥68.27	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	66.1%	at 2025-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	43.9%	at 2024-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	53.9%	at 2023-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	62.8%	at 2022-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	81.4%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Employees	19	at 2025-12-31	Cons.	Number of employees
Employees	21	at 2024-12-31	Cons.	Number of employees
Employees	21	at 2023-12-31^v	Cons.	Number of employees
Employees	20	at 2022-12-31^v	Cons.	Number of employees
Employees	19	at 2021-12-31^d	Cons.	Number of employees
Revenue	¥388m	2025-01-01 → 2025-12-31	Standalone	Net sales
Revenue	¥470m	2024-01-01 → 2024-12-31	Standalone	Net sales
Revenue	¥428m	2023-01-01 → 2023-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥412m	2022-01-01 → 2022-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥412m	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Operating income	−¥567m	2025-01-01 → 2025-12-31	Standalone	Operating income
Operating income	−¥1.2bn	2024-01-01 → 2024-12-31	Standalone	Operating income
Ordinary income	−¥571m	2025-01-01 → 2025-12-31	Standalone	Ordinary income
Ordinary income	−¥1.2bn	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	−¥729m	2023-01-01 → 2023-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥241m	2022-01-01 → 2022-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥39m	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	−¥621m	2025-01-01 → 2025-12-31	Standalone	Income before income taxes
Profit before tax	−¥1.3bn	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Net income	−¥622m	2025-01-01 → 2025-12-31	Standalone	Profit loss
Net income	−¥1.3bn	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	−¥853m	2023-01-01 → 2023-12-31^v	Standalone	Net income loss (5-year summary)
Net income	−¥387m	2022-01-01 → 2022-12-31^v	Standalone	Net income loss (5-year summary)
Net income	−¥241m	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥2.1bn	at 2025-12-31	Standalone	Assets
Total assets	¥1.6bn	at 2024-12-31	Standalone	Assets
Total assets	¥2.4bn	at 2023-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥3.0bn	at 2022-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥2.4bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥731m	at 2025-12-31	Standalone	Liabilities
Total liabilities	¥929m	at 2024-12-31	Standalone	Liabilities
Net assets / equity	¥1.4bn	at 2025-12-31	Standalone	Net assets
Net assets / equity	¥686m	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥1.3bn	at 2023-12-31^v	Standalone	Net assets
Net assets / equity	¥1.9bn	at 2022-12-31^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥2.0bn	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥1.7bn	at 2025-12-31	Standalone	Cash and deposits
Cash and deposits	¥1.1bn	at 2024-12-31	Standalone	Cash and deposits
EPS (basic)	¥-12.99	2025-01-01 → 2025-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-38.15	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-26.85	2023-01-01 → 2023-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-13.05	2022-01-01 → 2022-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-8.21	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
Net assets per share	¥25.75	at 2025-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥16.45	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥39.88	at 2023-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥61.53	at 2022-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥68.27	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	65.6%	at 2025-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	42.4%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	54.0%	at 2023-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	63.9%	at 2022-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	82.6%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Shares issued	54,251,712	at 2025-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	41,625,512	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	32,128,012	at 2023-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	30,871,138	at 2022-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	29,358,600	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	19	at 2025-12-31	Standalone	Number of employees
Employees	19	at 2024-12-31	Standalone	Number of employees
Employees	19	at 2023-12-31^v	Standalone	Number of employees
Employees	17	at 2022-12-31^v	Standalone	Number of employees
Employees	16	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.

All source rows · 1,191

Item	Context	Value	Unit
Total acquisition cost for increased shares shares not listed investment shares held for purposes other than pure investment reporting company	CurrentYearDuration	－	JPY
Number of issues whose number of shares increased shares other than those not listed investment shares held for purposes other than pure investment reporting company	CurrentYearDuration	－
Total acquisition cost for increased shares shares other than those not listed investment shares held for purposes other than pure investment reporting company	CurrentYearDuration	－	JPY
Number of issues whose number of shares decreased shares not listed investment shares held for purposes other than pure investment reporting company	CurrentYearDuration	－
Total sale amount for decreased shares shares not listed investment shares held for purposes other than pure investment reporting company	CurrentYearDuration	－	JPY
Number of issues whose number of shares decreased shares other than those not listed investment shares held for purposes other than pure investment reporting company	CurrentYearDuration	－
Total sale amount for decreased shares shares other than those not listed investment shares held for purposes other than pure investment reporting company	CurrentYearDuration	－	JPY
Cash and deposits	Prior1YearInstant	1126035000	JPY
Cash and deposits	CurrentYearInstant	1709790000	JPY
Accounts receivable trade	Prior1YearInstant	125023000	JPY
Accounts receivable trade	CurrentYearInstant	94502000	JPY
Supplies	Prior1YearInstant	101961000	JPY
Supplies	CurrentYearInstant	86921000	JPY
Other ca	Prior1YearInstant	122361000	JPY
Other ca	CurrentYearInstant	128871000	JPY
Current assets	Prior1YearInstant	1475382000	JPY
Current assets	CurrentYearInstant	2020086000	JPY
Buildings	Prior1YearInstant	8727000	JPY
Buildings	CurrentYearInstant	8727000	JPY
Accumulated depreciation buildings	Prior1YearInstant	-5453000	JPY
Accumulated depreciation buildings	CurrentYearInstant	-5695000	JPY
Buildings net	Prior1YearInstant	3274000	JPY
Buildings net	CurrentYearInstant	3032000	JPY
Tools furniture and fixtures	Prior1YearInstant	109498000	JPY
Tools furniture and fixtures	CurrentYearInstant	112628000	JPY
Accumulated depreciation tools furniture and fixtures	Prior1YearInstant	-101580000	JPY
Accumulated depreciation tools furniture and fixtures	CurrentYearInstant	-106440000	JPY
Tools furniture and fixtures net	Prior1YearInstant	7917000	JPY
Tools furniture and fixtures net	CurrentYearInstant	6188000	JPY
Property plant and equipment	Prior1YearInstant	11192000	JPY
Property plant and equipment	CurrentYearInstant	9221000	JPY
Contract related intangible assets	Prior1YearInstant	41142000	JPY
Contract related intangible assets	CurrentYearInstant	－	JPY
Other ia	Prior1YearInstant	3290000	JPY
Other ia	CurrentYearInstant	2355000	JPY
Intangible assets	Prior1YearInstant	44432000	JPY
Intangible assets	CurrentYearInstant	2355000	JPY
Investment securities	Prior1YearInstant	142806000	JPY
Investment securities	CurrentYearInstant	142677000	JPY
Other ioa	Prior1YearInstant	8236000	JPY
Other ioa	CurrentYearInstant	7598000	JPY
Allowance for doubtful accounts ioa by group	Prior1YearInstant	-12606000	JPY
Allowance for doubtful accounts ioa by group	CurrentYearInstant	-12477000	JPY
Investments and other assets	Prior1YearInstant	138436000	JPY
Investments and other assets	CurrentYearInstant	137798000	JPY
Noncurrent assets	Prior1YearInstant	194061000	JPY
Noncurrent assets	CurrentYearInstant	149375000	JPY
Assets	Prior1YearInstant	1669444000	JPY
Assets	CurrentYearInstant	2169461000	JPY
Current portion of long term loans payable	Prior1YearInstant	19048000	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 rounding
balance sheet identity	non_consolidated 2025-12-31	pass rounding
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