Annual report

Period2022-01-01 → 2022-12-31

Filed2023-03-29

StandardIFRS

ConsolidatedYes

Data checks20 of 20 passed

Key figures · 136

Metric	Value	Period	Scope	Source row
Revenue	¥90m	2022-01-01 → 2022-12-31	Cons.	Revenue IFRS
Revenue	¥41m	2021-01-01 → 2021-12-31	Cons.	Revenue IFRS
Revenue	¥27m	2020-01-01 → 2020-12-31^d	Cons.	Revenue IFRS (5-year summary)
Revenue	¥89m	2019-01-01 → 2019-12-31^d	Cons.	Revenue IFRS (5-year summary)
Operating income	−¥5.2bn	2022-01-01 → 2022-12-31	Cons.	Operating profit loss IFRS
Operating income	−¥5.4bn	2021-01-01 → 2021-12-31	Cons.	Operating profit loss IFRS
Profit before tax	−¥5.3bn	2022-01-01 → 2022-12-31	Cons.	Profit loss before tax IFRS
Profit before tax	−¥4.5bn	2021-01-01 → 2021-12-31	Cons.	Profit loss before tax IFRS
Profit before tax	−¥5.4bn	2020-01-01 → 2020-12-31^d	Cons.	Profit loss before tax IFRS (5-year summary)
Profit before tax	−¥4.6bn	2019-01-01 → 2019-12-31^d	Cons.	Profit loss before tax IFRS (5-year summary)
Net income (owners)	−¥5.2bn	2022-01-01 → 2022-12-31	Cons.	Profit loss attributable to owners of parent IFRS
Net income (owners)	−¥4.9bn	2021-01-01 → 2021-12-31	Cons.	Profit loss attributable to owners of parent IFRS
Net income (owners)	−¥5.5bn	2020-01-01 → 2020-12-31^d	Cons.	Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)	−¥4.8bn	2019-01-01 → 2019-12-31^d	Cons.	Profit loss attributable to owners of parent IFRS (5-year summary)
Net income	−¥5.2bn	2022-01-01 → 2022-12-31	Cons.	Profit loss IFRS
Net income	−¥4.9bn	2021-01-01 → 2021-12-31	Cons.	Profit loss IFRS
Total assets	¥15.0bn	at 2022-12-31	Cons.	Assets IFRS
Total assets	¥24.0bn	at 2021-12-31	Cons.	Assets IFRS
Total assets	¥23.2bn	at 2020-12-31^d	Cons.	Total assets IFRS (5-year summary)
Total assets	¥25.6bn	at 2019-12-31^d	Cons.	Total assets IFRS (5-year summary)
Total assets	¥19.6bn	at 2018-12-31^d	Cons.	Total assets IFRS (5-year summary)
Total liabilities	¥10.7bn	at 2022-12-31	Cons.	Liabilities IFRS
Total liabilities	¥15.3bn	at 2021-12-31	Cons.	Liabilities IFRS
Net assets / equity	¥4.4bn	at 2022-12-31	Cons.	Equity IFRS
Net assets / equity	¥8.6bn	at 2021-12-31	Cons.	Equity IFRS
Net assets / equity	¥7.9bn	at 2020-12-31^d	Cons.	Equity IFRS
Equity (owners)	¥4.4bn	at 2022-12-31	Cons.	Equity attributable to owners of parent IFRS
Equity (owners)	¥8.6bn	at 2021-12-31	Cons.	Equity attributable to owners of parent IFRS
Equity (owners)	¥7.8bn	at 2020-12-31^d	Cons.	Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)	¥12.3bn	at 2019-12-31^d	Cons.	Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)	¥14.4bn	at 2018-12-31^d	Cons.	Equity attributable to owners of parent IFRS (5-year summary)
Cash & equivalents	¥7.2bn	at 2022-12-31	Cons.	Cash and cash equivalents IFRS
Cash & equivalents	¥15.1bn	at 2021-12-31	Cons.	Cash and cash equivalents IFRS
Cash & equivalents	¥13.9bn	at 2020-12-31^d	Cons.	Cash and cash equivalents IFRS
Cash & equivalents	¥18.3bn	at 2019-12-31^d	Cons.	Cash and cash equivalents IFRS (5-year summary)
Operating cash flow	−¥4.6bn	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in operating activities IFRS
Operating cash flow	−¥5.1bn	2021-01-01 → 2021-12-31	Cons.	Net cash provided by used in operating activities IFRS
Operating cash flow	−¥3.9bn	2020-01-01 → 2020-12-31^d	Cons.	Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow	−¥4.9bn	2019-01-01 → 2019-12-31^d	Cons.	Cash flows from used in operating activities IFRS (5-year summary)
Investing cash flow	−¥909m	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in investing activities IFRS
Investing cash flow	−¥736m	2021-01-01 → 2021-12-31	Cons.	Net cash provided by used in investing activities IFRS
Investing cash flow	−¥1.2bn	2020-01-01 → 2020-12-31^d	Cons.	Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow	−¥32m	2019-01-01 → 2019-12-31^d	Cons.	Cash flows from used in investing activities IFRS (5-year summary)
Financing cash flow	−¥2.5bn	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in financing activities IFRS
Financing cash flow	¥7.0bn	2021-01-01 → 2021-12-31	Cons.	Net cash provided by used in financing activities IFRS
Financing cash flow	¥803m	2020-01-01 → 2020-12-31^d	Cons.	Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow	¥11.4bn	2019-01-01 → 2019-12-31^d	Cons.	Cash flows from used in financing activities IFRS (5-year summary)
EPS (basic)	¥-90.67	2022-01-01 → 2022-12-31	Cons.	Basic earnings loss per share IFRS
EPS (basic)	¥-93.36	2021-01-01 → 2021-12-31	Cons.	Basic earnings loss per share IFRS
EPS (basic)	¥-107.2	2020-01-01 → 2020-12-31^d	Cons.	Basic earnings loss per share IFRS (5-year summary)
EPS (basic)	¥-95.86	2019-01-01 → 2019-12-31^d	Cons.	Basic earnings loss per share IFRS (5-year summary)
EPS (diluted)	¥-90.67	2022-01-01 → 2022-12-31	Cons.	Diluted earnings loss per share IFRS
EPS (diluted)	¥-99.51	2021-01-01 → 2021-12-31	Cons.	Diluted earnings loss per share IFRS
EPS (diluted)	¥-107.2	2020-01-01 → 2020-12-31^d	Cons.	Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)	¥-95.86	2019-01-01 → 2019-12-31^d	Cons.	Diluted earnings loss per share IFRS (5-year summary)
Net assets per share	¥69.33	at 2022-12-31	Cons.	Equity to asset ratio IFRS (5-year summary)
Net assets per share	¥156.65	at 2021-12-31	Cons.	Equity to asset ratio IFRS (5-year summary)
Net assets per share	¥151.82	at 2020-12-31^d	Cons.	Equity to asset ratio IFRS (5-year summary)
Net assets per share	¥240.6	at 2019-12-31^d	Cons.	Equity to asset ratio IFRS (5-year summary)
Net assets per share	¥291.7	at 2018-12-31^d	Cons.	Equity to asset ratio IFRS (5-year summary)
Equity ratio	29.2%	at 2022-12-31	Cons.	Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio	36.0%	at 2021-12-31	Cons.	Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio	33.9%	at 2020-12-31^d	Cons.	Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio	48.2%	at 2019-12-31^d	Cons.	Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio	73.3%	at 2018-12-31^d	Cons.	Ratio of owners equity to gross assets IFRS (5-year summary)
ROE	-79.4%	2022-01-01 → 2022-12-31	Cons.	Rate of return on equity IFRS (5-year summary)
ROE	-59.6%	2021-01-01 → 2021-12-31	Cons.	Rate of return on equity IFRS (5-year summary)
ROE	-54.6%	2020-01-01 → 2020-12-31^d	Cons.	Rate of return on equity IFRS (5-year summary)
ROE	-36.0%	2019-01-01 → 2019-12-31^d	Cons.	Rate of return on equity IFRS (5-year summary)
Employees	71	at 2022-12-31	Cons.	Number of employees
Employees	116	at 2021-12-31	Cons.	Number of employees
Employees	114	at 2020-12-31^d	Cons.	Number of employees
Employees	109	at 2019-12-31^d	Cons.	Number of employees
Employees	93	at 2018-12-31^d	Cons.	Number of employees
Revenue	¥80m	2022-01-01 → 2022-12-31	Standalone	Net sales
Operating income	−¥5.1bn	2022-01-01 → 2022-12-31	Standalone	Operating income
Operating income	−¥5.3bn	2021-01-01 → 2021-12-31	Standalone	Operating income
Ordinary income	−¥5.3bn	2022-01-01 → 2022-12-31	Standalone	Ordinary income
Ordinary income	−¥5.5bn	2021-01-01 → 2021-12-31	Standalone	Ordinary income
Ordinary income	−¥4.2bn	2020-01-01 → 2020-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥4.5bn	2019-01-01 → 2019-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥5.1bn	2018-01-01 → 2018-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	−¥8.4bn	2022-01-01 → 2022-12-31	Standalone	Income before income taxes
Profit before tax	−¥5.5bn	2021-01-01 → 2021-12-31	Standalone	Income before income taxes
Net income	−¥8.4bn	2022-01-01 → 2022-12-31	Standalone	Profit loss
Net income	−¥5.5bn	2021-01-01 → 2021-12-31	Standalone	Profit loss
Net income	−¥4.4bn	2020-01-01 → 2020-12-31^d	Standalone	Net income loss (5-year summary)
Net income	−¥4.4bn	2019-01-01 → 2019-12-31^d	Standalone	Net income loss (5-year summary)
Net income	−¥5.1bn	2018-01-01 → 2018-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥9.2bn	at 2022-12-31	Standalone	Assets
Total assets	¥18.8bn	at 2021-12-31	Standalone	Assets
Total assets	¥18.4bn	at 2020-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥21.1bn	at 2019-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥15.0bn	at 2018-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥8.3bn	at 2022-12-31	Standalone	Liabilities
Total liabilities	¥13.0bn	at 2021-12-31	Standalone	Liabilities
Net assets / equity	¥833m	at 2022-12-31	Standalone	Net assets
Net assets / equity	¥5.8bn	at 2021-12-31	Standalone	Net assets
Net assets / equity	¥5.6bn	at 2020-12-31^d	Standalone	Net assets
Net assets / equity	¥9.0bn	at 2019-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥10.8bn	at 2018-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥7.0bn	at 2022-12-31	Standalone	Cash and deposits
Cash and deposits	¥14.5bn	at 2021-12-31	Standalone	Cash and deposits
Cash & equivalents	¥17.9bn	at 2019-12-31^d	Standalone	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥11.6bn	at 2018-12-31^d	Standalone	Cash and cash equivalents (5-year summary)
Operating cash flow	−¥5.0bn	2019-01-01 → 2019-12-31^d	Standalone	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥5.1bn	2018-01-01 → 2018-12-31^d	Standalone	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥211m	2019-01-01 → 2019-12-31^d	Standalone	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥2.7bn	2018-01-01 → 2018-12-31^d	Standalone	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	¥11.5bn	2019-01-01 → 2019-12-31^d	Standalone	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥392m	2018-01-01 → 2018-12-31^d	Standalone	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥-147.59	2022-01-01 → 2022-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-104.06	2021-01-01 → 2021-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-86.24	2020-01-01 → 2020-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-87.97	2019-01-01 → 2019-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-103.53	2018-01-01 → 2018-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
Net assets per share	¥3.52	at 2022-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥98.89	at 2021-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥104.23	at 2020-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥173.01	at 2019-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥217.43	at 2018-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	2.4%	at 2022-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	29.0%	at 2021-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	29.3%	at 2020-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	42.0%	at 2019-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	71.5%	at 2018-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Shares issued	63,204,200	at 2022-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	55,147,900	at 2021-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	51,666,500	at 2020-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	51,270,200	at 2019-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	49,261,600	at 2018-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	70	at 2022-12-31	Standalone	Number of employees
Employees	115	at 2021-12-31	Standalone	Number of employees
Employees	113	at 2020-12-31^d	Standalone	Number of employees
Employees	109	at 2019-12-31^d	Standalone	Number of employees
Employees	93	at 2018-12-31^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 · 4

Segment	Item	Period	Value
Management Divisionreportable segment	employees	at 2022-12-31	15 pure
Research And Development Divisionreportable segment	employees	at 2022-12-31	56 pure
Management Divisionreportable segment	employees	at 2022-12-31	14 pure
Research And Development Divisionreportable segment	employees	at 2022-12-31	56 pure

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

All source rows · 1,529

Item	Context	Value	Unit
Net cash provided by used in financing activities (5-year summary)	Prior1YearDuration_NonConsolidatedMember	－	JPY
Net cash provided by used in financing activities (5-year summary)	CurrentYearDuration_NonConsolidatedMember	－	JPY
Cash and cash equivalents (5-year summary)	Prior4YearInstant_NonConsolidatedMember	11627000000	JPY
Cash and cash equivalents (5-year summary)	Prior3YearInstant_NonConsolidatedMember	17946000000	JPY
Cash and cash equivalents (5-year summary)	Prior2YearInstant_NonConsolidatedMember	－	JPY
Cash and cash equivalents (5-year summary)	Prior1YearInstant_NonConsolidatedMember	－	JPY
Cash and cash equivalents (5-year summary)	CurrentYearInstant_NonConsolidatedMember	－	JPY
Number of employees	Prior4YearInstant_NonConsolidatedMember	93
Number of employees	Prior3YearInstant_NonConsolidatedMember	109
Number of employees	Prior2YearInstant_NonConsolidatedMember	113
Number of employees	Prior1YearInstant_NonConsolidatedMember	115
Number of employees	CurrentYearInstant_NonConsolidatedMember	70
Average number of temporary workers	Prior4YearInstant_NonConsolidatedMember	15
Average number of temporary workers	Prior3YearInstant_NonConsolidatedMember	15
Average number of temporary workers	Prior2YearInstant_NonConsolidatedMember	19
Average number of temporary workers	Prior1YearInstant_NonConsolidatedMember	27
Average number of temporary workers	CurrentYearInstant_NonConsolidatedMember	26
Total shareholder return	Prior4YearInstant_NonConsolidatedMember	0.861
Total shareholder return	Prior3YearInstant_NonConsolidatedMember	0.770
Total shareholder return	Prior2YearInstant_NonConsolidatedMember	1.014
Total shareholder return	Prior1YearInstant_NonConsolidatedMember	0.662
Total shareholder return	CurrentYearInstant_NonConsolidatedMember	0.138
Total return on share price index	Prior4YearInstant_NonConsolidatedMember	0.659
Total return on share price index	Prior3YearInstant_NonConsolidatedMember	0.728
Total return on share price index	Prior2YearInstant_NonConsolidatedMember	0.971
Total return on share price index	Prior1YearInstant_NonConsolidatedMember	0.802
Total return on share price index	CurrentYearInstant_NonConsolidatedMember	0.593
Number of employees	CurrentYearInstant_jpcrp030000-asr_E31335-000ResearchAndDevelopmentDivisionReportableSegmentMember	56
Average number of temporary workers	CurrentYearInstant_jpcrp030000-asr_E31335-000ResearchAndDevelopmentDivisionReportableSegmentMember	18
Number of employees	CurrentYearInstant_jpcrp030000-asr_E31335-000ManagementDivisionReportableSegmentMember	15
Average number of temporary workers	CurrentYearInstant_jpcrp030000-asr_E31335-000ManagementDivisionReportableSegmentMember	8
Number of employees	CurrentYearInstant	71
Average number of temporary workers	CurrentYearInstant	26
Number of employees	CurrentYearInstant_NonConsolidatedMember	70
Average number of temporary workers	CurrentYearInstant_NonConsolidatedMember	26
Average age years information about reporting company information about employees	CurrentYearInstant_NonConsolidatedMember	42.2
Average length of service years information about reporting company information about employees	CurrentYearInstant_NonConsolidatedMember	4.7
Average annual salary information about reporting company information about employees	CurrentYearInstant_NonConsolidatedMember	7994000	JPY
Number of employees	CurrentYearInstant_NonConsolidatedMember_jpcrp030000-asr_E31335-000ResearchAndDevelopmentDivisionReportableSegmentMember	56
Average number of temporary workers	CurrentYearInstant_NonConsolidatedMember_jpcrp030000-asr_E31335-000ResearchAndDevelopmentDivisionReportableSegmentMember	18
Number of employees	CurrentYearInstant_NonConsolidatedMember_jpcrp030000-asr_E31335-000ManagementDivisionReportableSegmentMember	14
Average number of temporary workers	CurrentYearInstant_NonConsolidatedMember_jpcrp030000-asr_E31335-000ManagementDivisionReportableSegmentMember	8
Number of employees	CurrentYearInstant_NonConsolidatedMember	70
Average number of temporary workers	CurrentYearInstant_NonConsolidatedMember	26
Research and development expenses research and development activities	CurrentYearDuration	3808000000	JPY
Capital expenditures overview of capital expenditures etc	CurrentYearDuration	250000000	JPY
Number of issued shares as of fiscal year end issued shares total number of shares etc	FilingDateInstant_OrdinaryShareMember	63204200
Number of issued shares as of filing date issued shares total number of shares etc	FilingDateInstant_OrdinaryShareMember	63654200
Number of issued shares as of fiscal year end issued shares total number of shares etc	FilingDateInstant	63204200
Number of issued shares as of filing date issued shares total number of shares etc	FilingDateInstant	63654200

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 · 20 of 20 passed

balance sheet identity	consolidated 2021-12-31	pass
balance sheet identity	consolidated 2022-12-31	pass rounding
balance sheet identity	non_consolidated 2021-12-31	pass
balance sheet identity	non_consolidated 2022-12-31	pass
dei present		pass
period resolution		pass
statement vs summary · net assets	non_consolidated 2020-12-31	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 income attributable to parent	consolidated 2021-01-01/2021-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · operating cash flow	consolidated 2021-01-01/2021-12-31	pass
statement vs summary · operating cash flow	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · revenue	consolidated 2021-01-01/2021-12-31	pass
statement vs summary · revenue	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · revenue	non_consolidated 2022-01-01/2022-12-31	pass
statement vs summary · total assets	consolidated 2021-12-31	pass
statement vs summary · total assets	consolidated 2022-12-31	pass
statement vs summary · total assets	non_consolidated 2021-12-31	pass
statement vs summary · total assets	non_consolidated 2022-12-31	pass