Annual report

Period2023-01-01 → 2023-12-31

Filed2024-03-28

StandardIFRS

ConsolidatedYes

Data checks21 of 21 passed

Key figures · 143

Metric	Value	Period	Scope	Source row
Revenue	¥121m	2023-01-01 → 2023-12-31	Cons.	Revenue IFRS
Revenue	¥90m	2022-01-01 → 2022-12-31	Cons.	Revenue IFRS
Revenue	¥41m	2021-01-01 → 2021-12-31^d	Cons.	Revenue IFRS (5-year summary)
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	−¥3.4bn	2023-01-01 → 2023-12-31	Cons.	Operating profit loss IFRS
Operating income	−¥5.2bn	2022-01-01 → 2022-12-31	Cons.	Operating profit loss IFRS
Profit before tax	−¥3.6bn	2023-01-01 → 2023-12-31	Cons.	Profit loss before tax 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^d	Cons.	Profit loss before tax IFRS (5-year summary)
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)	−¥3.8bn	2023-01-01 → 2023-12-31	Cons.	Profit loss attributable to owners of parent IFRS
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^d	Cons.	Profit loss attributable to owners of parent IFRS (5-year summary)
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	−¥3.8bn	2023-01-01 → 2023-12-31	Cons.	Profit loss IFRS
Net income	−¥5.2bn	2022-01-01 → 2022-12-31	Cons.	Profit loss IFRS
Total assets	¥15.2bn	at 2023-12-31	Cons.	Assets IFRS
Total assets	¥15.0bn	at 2022-12-31	Cons.	Assets IFRS
Total assets	¥24.0bn	at 2021-12-31^d	Cons.	Total assets IFRS (5-year summary)
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 liabilities	¥11.3bn	at 2023-12-31	Cons.	Liabilities IFRS
Total liabilities	¥10.7bn	at 2022-12-31	Cons.	Liabilities IFRS
Net assets / equity	¥3.9bn	at 2023-12-31	Cons.	Equity IFRS
Net assets / equity	¥4.4bn	at 2022-12-31	Cons.	Equity IFRS
Net assets / equity	¥8.6bn	at 2021-12-31^d	Cons.	Equity IFRS
Equity (owners)	¥3.9bn	at 2023-12-31	Cons.	Equity attributable to owners of parent 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^d	Cons.	Equity attributable to owners of parent IFRS (5-year summary)
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)
Cash & equivalents	¥6.7bn	at 2023-12-31	Cons.	Cash and cash equivalents IFRS
Cash & equivalents	¥7.2bn	at 2022-12-31	Cons.	Cash and cash equivalents IFRS
Cash & equivalents	¥15.1bn	at 2021-12-31^d	Cons.	Cash and cash equivalents IFRS
Cash & equivalents	¥13.9bn	at 2020-12-31^d	Cons.	Cash and cash equivalents IFRS (5-year summary)
Cash & equivalents	¥18.3bn	at 2019-12-31^d	Cons.	Cash and cash equivalents IFRS (5-year summary)
Operating cash flow	−¥2.8bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in operating activities IFRS
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^d	Cons.	Cash flows from used in operating activities IFRS (5-year summary)
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	−¥1.1bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in investing activities IFRS
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^d	Cons.	Cash flows from used in investing activities IFRS (5-year summary)
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	¥3.3bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in financing activities IFRS
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^d	Cons.	Cash flows from used in financing activities IFRS (5-year summary)
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)	¥-56.22	2023-01-01 → 2023-12-31	Cons.	Basic earnings loss per share IFRS
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^d	Cons.	Basic earnings loss per share IFRS (5-year summary)
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)	¥-56.22	2023-01-01 → 2023-12-31	Cons.	Diluted earnings loss per share IFRS
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^d	Cons.	Diluted earnings loss per share IFRS (5-year summary)
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	¥51.73	at 2023-12-31	Cons.	Equity to asset ratio 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^d	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)
Equity ratio	25.4%	at 2023-12-31	Cons.	Ratio of owners equity to gross assets 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^d	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)
ROE	-92.8%	2023-01-01 → 2023-12-31	Cons.	Rate of return on equity 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^d	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	64	at 2023-12-31	Cons.	Number of employees
Employees	71	at 2022-12-31	Cons.	Number of employees
Employees	116	at 2021-12-31^d	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
Revenue	¥121m	2023-01-01 → 2023-12-31	Standalone	Net sales
Revenue	¥80m	2022-01-01 → 2022-12-31	Standalone	Net sales
Operating income	−¥3.2bn	2023-01-01 → 2023-12-31	Standalone	Operating income
Operating income	−¥5.1bn	2022-01-01 → 2022-12-31	Standalone	Operating income
Ordinary income	−¥3.0bn	2023-01-01 → 2023-12-31	Standalone	Ordinary income
Ordinary income	−¥5.3bn	2022-01-01 → 2022-12-31	Standalone	Ordinary income
Ordinary income	−¥5.5bn	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
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)
Profit before tax	−¥2.9bn	2023-01-01 → 2023-12-31	Standalone	Income before income taxes
Profit before tax	−¥8.4bn	2022-01-01 → 2022-12-31	Standalone	Income before income taxes
Net income	−¥2.9bn	2023-01-01 → 2023-12-31	Standalone	Profit loss
Net income	−¥8.4bn	2022-01-01 → 2022-12-31	Standalone	Profit loss
Net income	−¥5.5bn	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
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)
Total assets	¥6.6bn	at 2023-12-31	Standalone	Assets
Total assets	¥9.2bn	at 2022-12-31	Standalone	Assets
Total assets	¥18.8bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
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 liabilities	¥5.5bn	at 2023-12-31	Standalone	Liabilities
Total liabilities	¥8.3bn	at 2022-12-31	Standalone	Liabilities
Net assets / equity	¥1.1bn	at 2023-12-31	Standalone	Net assets
Net assets / equity	¥833m	at 2022-12-31	Standalone	Net assets
Net assets / equity	¥5.8bn	at 2021-12-31^d	Standalone	Net assets
Net assets / equity	¥5.6bn	at 2020-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥9.0bn	at 2019-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥5.3bn	at 2023-12-31	Standalone	Cash and deposits
Cash and deposits	¥7.0bn	at 2022-12-31	Standalone	Cash and deposits
Cash & equivalents	¥17.9bn	at 2019-12-31^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)
Investing cash flow	−¥211m	2019-01-01 → 2019-12-31^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)
EPS (basic)	¥-42.37	2023-01-01 → 2023-12-31	Standalone	Basic earnings loss per share (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^d	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)
Net assets per share	¥6.24	at 2023-12-31	Standalone	Net assets 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^d	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)
Equity ratio	7.0%	at 2023-12-31	Standalone	Equity to asset ratio (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^d	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)
Shares issued	74,543,600	at 2023-12-31	Standalone	Total number of issued shares (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^d	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)
Employees	61	at 2023-12-31	Standalone	Number of employees
Employees	70	at 2022-12-31	Standalone	Number of employees
Employees	115	at 2021-12-31^d	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

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 2023-12-31	15 pure
Research And Development Divisionreportable segment	employees	at 2023-12-31	49 pure
Management Divisionreportable segment	employees	at 2023-12-31	13 pure
Research And Development Divisionreportable segment	employees	at 2023-12-31	48 pure

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

All source rows · 1,586

Item	Context	Value	Unit
Number of employees	CurrentYearInstant_NonConsolidatedMember_jpcrp030000-asr_E31335-000ResearchAndDevelopmentDivisionReportableSegmentMember	48
Average number of temporary workers	CurrentYearInstant_NonConsolidatedMember_jpcrp030000-asr_E31335-000ResearchAndDevelopmentDivisionReportableSegmentMember	16
Number of employees	CurrentYearInstant_NonConsolidatedMember_jpcrp030000-asr_E31335-000ManagementDivisionReportableSegmentMember	13
Average number of temporary workers	CurrentYearInstant_NonConsolidatedMember_jpcrp030000-asr_E31335-000ManagementDivisionReportableSegmentMember	4
Number of employees	CurrentYearInstant_NonConsolidatedMember	61
Average number of temporary workers	CurrentYearInstant_NonConsolidatedMember	20
Research and development expenses research and development activities	CurrentYearDuration	2304000000	JPY
Capital expenditures overview of capital expenditures etc	CurrentYearDuration	27000000	JPY
Number of issued shares as of fiscal year end issued shares total number of shares etc	FilingDateInstant_OrdinaryShareMember	74543600
Number of issued shares as of filing date issued shares total number of shares etc	FilingDateInstant_OrdinaryShareMember	90130300
Number of issued shares as of fiscal year end issued shares total number of shares etc	FilingDateInstant	74543600
Number of issued shares as of filing date issued shares total number of shares etc	FilingDateInstant	90130300
Number of shares constituting one unit	CurrentYearInstant_OrdinaryShareMember	100
Number of shareholders national and local governments	CurrentYearInstant_OrdinaryShareMember	－
Number of shareholders financial institutions	CurrentYearInstant_OrdinaryShareMember	4
Number of shareholders financial service providers	CurrentYearInstant_OrdinaryShareMember	27
Number of shareholders other corporations	CurrentYearInstant_OrdinaryShareMember	99
Number of shareholders foreign investors other than individuals	CurrentYearInstant_OrdinaryShareMember	48
Number of shareholders foreign individual investors	CurrentYearInstant_OrdinaryShareMember	103
Number of shareholders individuals and others	CurrentYearInstant_OrdinaryShareMember	18459
Number of shareholders total	CurrentYearInstant_OrdinaryShareMember	18740
Number of shares held number of units national and local governments	CurrentYearInstant_OrdinaryShareMember	－
Number of shares held number of units financial institutions	CurrentYearInstant_OrdinaryShareMember	9747
Number of shares held number of units financial service providers	CurrentYearInstant_OrdinaryShareMember	22830
Number of shares held number of units other corporations	CurrentYearInstant_OrdinaryShareMember	42747
Number of shares held number of units foreign investors other than individuals	CurrentYearInstant_OrdinaryShareMember	69026
Number of shares held number of units foreign individual investors	CurrentYearInstant_OrdinaryShareMember	1794
Number of shares held number of units individuals and others	CurrentYearInstant_OrdinaryShareMember	598971
Number of shares held number of units total	CurrentYearInstant_OrdinaryShareMember	745115
Number of shares held shares less than one unit	CurrentYearInstant_OrdinaryShareMember	32100
Percentage of shareholdings national and local governments	CurrentYearInstant_OrdinaryShareMember	－
Percentage of shareholdings financial institutions	CurrentYearInstant_OrdinaryShareMember	0.0131
Percentage of shareholdings financial service providers	CurrentYearInstant_OrdinaryShareMember	0.0306
Percentage of shareholdings other corporations	CurrentYearInstant_OrdinaryShareMember	0.0574
Percentage of shareholdings foreigners other than individuals	CurrentYearInstant_OrdinaryShareMember	0.0926
Percentage of shareholdings foreign individuals	CurrentYearInstant_OrdinaryShareMember	0.0024
Percentage of shareholdings individuals and others	CurrentYearInstant_OrdinaryShareMember	0.8039
Number of shares held	CurrentYearInstant_No1MajorShareholdersMember	28730300
Shareholding ratio	CurrentYearInstant_No1MajorShareholdersMember	0.3854
Number of shares held	CurrentYearInstant_No2MajorShareholdersMember	2800000
Shareholding ratio	CurrentYearInstant_No2MajorShareholdersMember	0.0376
Number of shares held	CurrentYearInstant_No3MajorShareholdersMember	1537400
Shareholding ratio	CurrentYearInstant_No3MajorShareholdersMember	0.0206
Number of shares held	CurrentYearInstant_No4MajorShareholdersMember	1500000
Shareholding ratio	CurrentYearInstant_No4MajorShareholdersMember	0.0201
Number of shares held	CurrentYearInstant_No5MajorShareholdersMember	775800
Shareholding ratio	CurrentYearInstant_No5MajorShareholdersMember	0.0104
Number of shares held	CurrentYearInstant_No6MajorShareholdersMember	727200
Shareholding ratio	CurrentYearInstant_No6MajorShareholdersMember	0.0098
Number of shares held	CurrentYearInstant_No7MajorShareholdersMember	660000

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 · 21 of 21 passed

balance sheet identity	consolidated 2022-12-31	pass rounding
balance sheet identity	consolidated 2023-12-31	pass rounding
balance sheet identity	non_consolidated 2022-12-31	pass
balance sheet identity	non_consolidated 2023-12-31	pass
dei present		pass
period resolution		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