Annual report

Period2024-01-01 → 2024-12-31

Filed2025-03-27

StandardIFRS

ConsolidatedYes

Data checks21 of 21 passed

Key figures · 140

Metric	Value	Period	Scope	Source row
Revenue	¥560m	2024-01-01 → 2024-12-31	Cons.	Revenue IFRS
Revenue	¥121m	2023-01-01 → 2023-12-31	Cons.	Revenue IFRS
Revenue	¥90m	2022-01-01 → 2022-12-31^d	Cons.	Revenue IFRS (5-year summary)
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)
Operating income	−¥2.8bn	2024-01-01 → 2024-12-31	Cons.	Operating profit loss IFRS
Operating income	−¥3.4bn	2023-01-01 → 2023-12-31	Cons.	Operating profit loss IFRS
Profit before tax	−¥4.1bn	2024-01-01 → 2024-12-31	Cons.	Profit loss before tax 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^d	Cons.	Profit loss before tax IFRS (5-year summary)
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)
Net income (owners)	−¥4.2bn	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent IFRS
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^d	Cons.	Profit loss attributable to owners of parent IFRS (5-year summary)
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	−¥4.2bn	2024-01-01 → 2024-12-31	Cons.	Profit loss IFRS
Net income	−¥3.8bn	2023-01-01 → 2023-12-31	Cons.	Profit loss IFRS
Total assets	¥14.2bn	at 2024-12-31	Cons.	Assets IFRS
Total assets	¥15.2bn	at 2023-12-31	Cons.	Assets IFRS
Total assets	¥15.0bn	at 2022-12-31^d	Cons.	Total assets IFRS (5-year summary)
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 liabilities	¥12.1bn	at 2024-12-31	Cons.	Liabilities IFRS
Total liabilities	¥11.3bn	at 2023-12-31	Cons.	Liabilities IFRS
Net assets / equity	¥2.1bn	at 2024-12-31	Cons.	Equity IFRS
Net assets / equity	¥3.9bn	at 2023-12-31	Cons.	Equity IFRS
Net assets / equity	¥4.4bn	at 2022-12-31^d	Cons.	Equity IFRS
Equity (owners)	¥2.1bn	at 2024-12-31	Cons.	Equity attributable to owners of parent 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^d	Cons.	Equity attributable to owners of parent IFRS (5-year summary)
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)
Cash & equivalents	¥3.7bn	at 2024-12-31	Cons.	Cash and cash equivalents IFRS
Cash & equivalents	¥6.7bn	at 2023-12-31	Cons.	Cash and cash equivalents IFRS
Cash & equivalents	¥7.2bn	at 2022-12-31^d	Cons.	Cash and cash equivalents IFRS
Cash & equivalents	¥15.1bn	at 2021-12-31^d	Cons.	Cash and cash equivalents IFRS (5-year summary)
Cash & equivalents	¥13.9bn	at 2020-12-31^d	Cons.	Cash and cash equivalents IFRS (5-year summary)
Operating cash flow	−¥1.8bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities IFRS
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^d	Cons.	Cash flows from used in operating activities IFRS (5-year summary)
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)
Investing cash flow	−¥1.4bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investing activities IFRS
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^d	Cons.	Cash flows from used in investing activities IFRS (5-year summary)
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)
Financing cash flow	¥77m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities IFRS
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^d	Cons.	Cash flows from used in financing activities IFRS (5-year summary)
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)
EPS (basic)	¥-47.86	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share IFRS
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^d	Cons.	Basic earnings loss per share IFRS (5-year summary)
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 (diluted)	¥-47.86	2024-01-01 → 2024-12-31	Cons.	Diluted earnings loss per share IFRS
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^d	Cons.	Diluted earnings loss per share IFRS (5-year summary)
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)
Net assets per share	¥22.86	at 2024-12-31	Cons.	Equity to asset ratio 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^d	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)
Equity ratio	14.5%	at 2024-12-31	Cons.	Ratio of owners equity to gross assets 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^d	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)
ROE	-143.1%	2024-01-01 → 2024-12-31	Cons.	Rate of return on equity 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^d	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)
Employees	65	at 2024-12-31	Cons.	Number of employees
Employees	64	at 2023-12-31	Cons.	Number of employees
Employees	71	at 2022-12-31^d	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
Revenue	¥571m	2024-01-01 → 2024-12-31	Standalone	Net sales
Revenue	¥121m	2023-01-01 → 2023-12-31	Standalone	Net sales
Revenue	¥80m	2022-01-01 → 2022-12-31^d	Standalone	Net sales (5-year summary)
Operating income	−¥2.4bn	2024-01-01 → 2024-12-31	Standalone	Operating income
Operating income	−¥3.2bn	2023-01-01 → 2023-12-31	Standalone	Operating income
Ordinary income	−¥2.6bn	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	−¥3.0bn	2023-01-01 → 2023-12-31	Standalone	Ordinary income
Ordinary income	−¥5.3bn	2022-01-01 → 2022-12-31^d	Standalone	Ordinary income loss (5-year summary)
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)
Profit before tax	−¥2.7bn	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Profit before tax	−¥2.9bn	2023-01-01 → 2023-12-31	Standalone	Income before income taxes
Net income	−¥2.7bn	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	−¥2.9bn	2023-01-01 → 2023-12-31	Standalone	Profit loss
Net income	−¥8.4bn	2022-01-01 → 2022-12-31^d	Standalone	Net income loss (5-year summary)
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)
Total assets	¥4.1bn	at 2024-12-31	Standalone	Assets
Total assets	¥6.6bn	at 2023-12-31	Standalone	Assets
Total assets	¥9.2bn	at 2022-12-31^d	Standalone	Total assets (5-year summary)
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 liabilities	¥3.3bn	at 2024-12-31	Standalone	Liabilities
Total liabilities	¥5.5bn	at 2023-12-31	Standalone	Liabilities
Net assets / equity	¥824m	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥1.1bn	at 2023-12-31	Standalone	Net assets
Net assets / equity	¥833m	at 2022-12-31^d	Standalone	Net assets
Net assets / equity	¥5.8bn	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥5.6bn	at 2020-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥3.1bn	at 2024-12-31	Standalone	Cash and deposits
Cash and deposits	¥5.3bn	at 2023-12-31	Standalone	Cash and deposits
EPS (basic)	¥-30.21	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (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^d	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)
Net assets per share	¥0.43	at 2024-12-31	Standalone	Net assets 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^d	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)
Equity ratio	0.9%	at 2024-12-31	Standalone	Equity to asset ratio (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^d	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)
Shares issued	90,219,200	at 2024-12-31	Standalone	Total number of issued shares (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^d	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)
Employees	58	at 2024-12-31	Standalone	Number of employees
Employees	61	at 2023-12-31	Standalone	Number of employees
Employees	70	at 2022-12-31^d	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

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 2024-12-31	16 pure
Research And Development Divisionreportable segment	employees	at 2024-12-31	49 pure
Management Divisionreportable segment	employees	at 2024-12-31	13 pure
Research And Development Divisionreportable segment	employees	at 2024-12-31	45 pure

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

All source rows · 1,532

Item	Context	Value	Unit
Cash flows from used in financing activities IFRS (5-year summary)	CurrentYearDuration	77000000	JPY
Cash and cash equivalents IFRS (5-year summary)	Prior4YearInstant	13923000000	JPY
Cash and cash equivalents IFRS (5-year summary)	Prior3YearInstant	15126000000	JPY
Cash and cash equivalents IFRS (5-year summary)	Prior2YearInstant	7247000000	JPY
Cash and cash equivalents IFRS (5-year summary)	Prior1YearInstant	6722000000	JPY
Cash and cash equivalents IFRS (5-year summary)	CurrentYearInstant	3672000000	JPY
Number of employees	Prior4YearInstant	114
Number of employees	Prior3YearInstant	116
Number of employees	Prior2YearInstant	71
Number of employees	Prior1YearInstant	64
Number of employees	CurrentYearInstant	65
Average number of temporary workers	Prior4YearInstant	19
Average number of temporary workers	Prior3YearInstant	27
Average number of temporary workers	Prior2YearInstant	26
Average number of temporary workers	Prior1YearInstant	20
Average number of temporary workers	CurrentYearInstant	19
Net sales (5-year summary)	Prior4YearDuration_NonConsolidatedMember	－	JPY
Net sales (5-year summary)	Prior3YearDuration_NonConsolidatedMember	－	JPY
Net sales (5-year summary)	Prior2YearDuration_NonConsolidatedMember	80000000	JPY
Net sales (5-year summary)	Prior1YearDuration_NonConsolidatedMember	121000000	JPY
Net sales (5-year summary)	CurrentYearDuration_NonConsolidatedMember	571000000	JPY
Ordinary income loss (5-year summary)	Prior4YearDuration_NonConsolidatedMember	-4223000000	JPY
Ordinary income loss (5-year summary)	Prior3YearDuration_NonConsolidatedMember	-5470000000	JPY
Ordinary income loss (5-year summary)	Prior2YearDuration_NonConsolidatedMember	-5293000000	JPY
Ordinary income loss (5-year summary)	Prior1YearDuration_NonConsolidatedMember	-3017000000	JPY
Ordinary income loss (5-year summary)	CurrentYearDuration_NonConsolidatedMember	-2602000000	JPY
Net income loss (5-year summary)	Prior4YearDuration_NonConsolidatedMember	-4434000000	JPY
Net income loss (5-year summary)	Prior3YearDuration_NonConsolidatedMember	-5473000000	JPY
Net income loss (5-year summary)	Prior2YearDuration_NonConsolidatedMember	-8414000000	JPY
Net income loss (5-year summary)	Prior1YearDuration_NonConsolidatedMember	-2881000000	JPY
Net income loss (5-year summary)	CurrentYearDuration_NonConsolidatedMember	-2673000000	JPY
Capital stock (5-year summary)	Prior4YearInstant_NonConsolidatedMember	4991000000	JPY
Capital stock (5-year summary)	Prior3YearInstant_NonConsolidatedMember	6179000000	JPY
Capital stock (5-year summary)	Prior2YearInstant_NonConsolidatedMember	4566000000	JPY
Capital stock (5-year summary)	Prior1YearInstant_NonConsolidatedMember	1678000000	JPY
Capital stock (5-year summary)	CurrentYearInstant_NonConsolidatedMember	1364000000	JPY
Total number of issued shares (5-year summary)	Prior4YearInstant_NonConsolidatedMember	51666500
Total number of issued shares (5-year summary)	Prior3YearInstant_NonConsolidatedMember	55147900
Total number of issued shares (5-year summary)	Prior2YearInstant_NonConsolidatedMember	63204200
Total number of issued shares (5-year summary)	Prior1YearInstant_NonConsolidatedMember	74543600
Total number of issued shares (5-year summary)	CurrentYearInstant_NonConsolidatedMember	90219200
Net assets (5-year summary)	Prior4YearInstant_NonConsolidatedMember	5569000000	JPY
Net assets (5-year summary)	Prior3YearInstant_NonConsolidatedMember	5824000000	JPY
Net assets (5-year summary)	Prior2YearInstant_NonConsolidatedMember	833000000	JPY
Net assets (5-year summary)	Prior1YearInstant_NonConsolidatedMember	1066000000	JPY
Net assets (5-year summary)	CurrentYearInstant_NonConsolidatedMember	824000000	JPY
Total assets (5-year summary)	Prior4YearInstant_NonConsolidatedMember	18400000000	JPY
Total assets (5-year summary)	Prior3YearInstant_NonConsolidatedMember	18782000000	JPY
Total assets (5-year summary)	Prior2YearInstant_NonConsolidatedMember	9160000000	JPY
Total assets (5-year summary)	Prior1YearInstant_NonConsolidatedMember	6616000000	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 · 21 of 21 passed

balance sheet identity	consolidated 2023-12-31	pass rounding
balance sheet identity	consolidated 2024-12-31	pass rounding
balance sheet identity	non_consolidated 2023-12-31	pass
balance sheet identity	non_consolidated 2024-12-31	pass rounding
dei present		pass
period resolution		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 assets	non_consolidated 2024-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · operating cash flow	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · operating cash flow	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · revenue	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · revenue	non_consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	non_consolidated 2024-01-01/2024-12-31	pass
statement vs summary · total assets	consolidated 2023-12-31	pass
statement vs summary · total assets	consolidated 2024-12-31	pass
statement vs summary · total assets	non_consolidated 2023-12-31	pass
statement vs summary · total assets	non_consolidated 2024-12-31	pass