Annual report

Period2025-01-01 → 2025-12-31
Filed2026-03-24
StandardIFRS
ConsolidatedYes
Data checks21 of 21 passed
Key figures · 137
MetricValuePeriodScopeSource row
Revenue¥429m2025-01-01 → 2025-12-31Cons.Revenue IFRS
Revenue¥316m2024-01-01 → 2024-12-31Cons.Revenue IFRS
Revenue¥617m2023-01-01 → 2023-12-31vCons.Revenue IFRS (5-year summary)
Revenue¥1.1bn2022-01-01 → 2022-12-31vCons.Revenue IFRS (5-year summary)
Revenue¥559m2021-01-01 → 2021-12-31dCons.Revenue IFRS (5-year summary)
Operating income−¥861m2025-01-01 → 2025-12-31Cons.Operating profit loss IFRS
Operating income−¥2.0bn2024-01-01 → 2024-12-31Cons.Operating profit loss IFRS
Profit before tax−¥876m2025-01-01 → 2025-12-31Cons.Profit loss before tax IFRS
Profit before tax−¥2.0bn2024-01-01 → 2024-12-31Cons.Profit loss before tax IFRS
Profit before tax−¥1.1bn2023-01-01 → 2023-12-31vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax−¥2.5bn2022-01-01 → 2022-12-31vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax−¥2.4bn2021-01-01 → 2021-12-31dCons.Profit loss before tax IFRS (5-year summary)
Net income (owners)−¥876m2025-01-01 → 2025-12-31Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)−¥1.9bn2024-01-01 → 2024-12-31Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)−¥1.1bn2023-01-01 → 2023-12-31vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)−¥2.5bn2022-01-01 → 2022-12-31vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)−¥2.5bn2021-01-01 → 2021-12-31dCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income−¥876m2025-01-01 → 2025-12-31Cons.Profit loss IFRS
Net income−¥1.9bn2024-01-01 → 2024-12-31Cons.Profit loss IFRS
Total assets¥2.1bnat 2025-12-31Cons.Assets IFRS
Total assets¥1.4bnat 2024-12-31Cons.Assets IFRS
Total assets¥2.2bnat 2023-12-31vCons.Total assets IFRS (5-year summary)
Total assets¥3.1bnat 2022-12-31vCons.Total assets IFRS (5-year summary)
Total assets¥3.1bnat 2021-12-31dCons.Total assets IFRS (5-year summary)
Total liabilities¥393mat 2025-12-31Cons.Liabilities IFRS
Total liabilities¥206mat 2024-12-31Cons.Liabilities IFRS
Net assets / equity¥1.8bnat 2025-12-31Cons.Equity IFRS
Net assets / equity¥1.2bnat 2024-12-31Cons.Equity IFRS
Net assets / equity¥1.9bnat 2023-12-31vCons.Equity IFRS
Equity (owners)¥1.8bnat 2025-12-31Cons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥1.2bnat 2024-12-31Cons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥1.9bnat 2023-12-31vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥2.7bnat 2022-12-31vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥2.6bnat 2021-12-31dCons.Equity attributable to owners of parent IFRS (5-year summary)
Cash & equivalents¥1.4bnat 2025-12-31Cons.Cash and cash equivalents IFRS
Cash & equivalents¥886mat 2024-12-31Cons.Cash and cash equivalents IFRS
Cash & equivalents¥728mat 2023-12-31vCons.Cash and cash equivalents IFRS
Cash & equivalents¥803mat 2022-12-31vCons.Cash and cash equivalents IFRS (5-year summary)
Cash & equivalents¥714mat 2021-12-31dCons.Cash and cash equivalents IFRS (5-year summary)
Operating cash flow−¥847m2025-01-01 → 2025-12-31Cons.Net cash provided by used in operating activities IFRS
Operating cash flow−¥1.0bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in operating activities IFRS
Operating cash flow−¥359m2023-01-01 → 2023-12-31vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow−¥2.1bn2022-01-01 → 2022-12-31vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow−¥2.5bn2021-01-01 → 2021-12-31dCons.Cash flows from used in operating activities IFRS (5-year summary)
Investing cash flow−¥81m2025-01-01 → 2025-12-31Cons.Net cash provided by used in investing activities IFRS
Investing cash flow¥02024-01-01 → 2024-12-31Cons.Net cash provided by used in investing activities IFRS
Investing cash flow¥02023-01-01 → 2023-12-31vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥418m2022-01-01 → 2022-12-31vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥164m2021-01-01 → 2021-12-31dCons.Cash flows from used in investing activities IFRS (5-year summary)
Financing cash flow¥1.4bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in financing activities IFRS
Financing cash flow¥1.2bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in financing activities IFRS
Financing cash flow¥275m2023-01-01 → 2023-12-31vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow¥2.6bn2022-01-01 → 2022-12-31vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow¥361m2021-01-01 → 2021-12-31dCons.Cash flows from used in financing activities IFRS (5-year summary)
EPS (basic)¥-3.692025-01-01 → 2025-12-31Cons.Basic earnings loss per share IFRS
EPS (basic)¥-9.772024-01-01 → 2024-12-31Cons.Basic earnings loss per share IFRS
EPS (basic)¥-6.622023-01-01 → 2023-12-31vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥-16.772022-01-01 → 2022-12-31vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥-19.042021-01-01 → 2021-12-31dCons.Basic earnings loss per share IFRS (5-year summary)
EPS (diluted)¥-3.692025-01-01 → 2025-12-31Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥-9.772024-01-01 → 2024-12-31Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥-6.622023-01-01 → 2023-12-31vCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥-16.772022-01-01 → 2022-12-31vCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥-19.042021-01-01 → 2021-12-31dCons.Diluted earnings loss per share IFRS (5-year summary)
Net assets per share¥6.65at 2025-12-31Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥5.3at 2024-12-31Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥10.78at 2023-12-31vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥15.85at 2022-12-31vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥19.38at 2021-12-31dCons.Equity to asset ratio IFRS (5-year summary)
Equity ratio81.7%at 2025-12-31Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio84.9%at 2024-12-31Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio84.1%at 2023-12-31vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio84.9%at 2022-12-31vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio82.3%at 2021-12-31dCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Employees22at 2025-12-31Cons.Number of employees
Employees23at 2024-12-31Cons.Number of employees
Employees24at 2023-12-31vCons.Number of employees
Employees27at 2022-12-31vCons.Number of employees
Employees77at 2021-12-31dCons.Number of employees
Revenue¥429m2025-01-01 → 2025-12-31StandaloneNet sales
Revenue¥316m2024-01-01 → 2024-12-31StandaloneNet sales
Revenue¥617m2023-01-01 → 2023-12-31vStandaloneNet sales (5-year summary)
Revenue¥1.1bn2022-01-01 → 2022-12-31vStandaloneNet sales (5-year summary)
Revenue¥559m2021-01-01 → 2021-12-31dStandaloneNet sales (5-year summary)
Operating income−¥871m2025-01-01 → 2025-12-31StandaloneOperating income
Operating income−¥840m2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income−¥897m2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income−¥869m2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income−¥678m2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥1.8bn2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥2.2bn2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax−¥897m2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax−¥869m2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income−¥897m2025-01-01 → 2025-12-31StandaloneProfit loss
Net income−¥868m2024-01-01 → 2024-12-31StandaloneProfit loss
Net income−¥679m2023-01-01 → 2023-12-31vStandaloneNet income loss (5-year summary)
Net income−¥2.1bn2022-01-01 → 2022-12-31vStandaloneNet income loss (5-year summary)
Net income−¥2.2bn2021-01-01 → 2021-12-31dStandaloneNet income loss (5-year summary)
Total assets¥2.1bnat 2025-12-31StandaloneAssets
Total assets¥1.4bnat 2024-12-31StandaloneAssets
Total assets¥1.1bnat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥1.5bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥922mat 2021-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥457mat 2025-12-31StandaloneLiabilities
Total liabilities¥321mat 2024-12-31StandaloneLiabilities
Net assets / equity¥1.6bnat 2025-12-31StandaloneNet assets
Net assets / equity¥1.0bnat 2024-12-31StandaloneNet assets
Net assets / equity¥672mat 2023-12-31vStandaloneNet assets
Net assets / equity¥1.0bnat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥443mat 2021-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥1.4bnat 2025-12-31StandaloneCash and deposits
Cash and deposits¥875mat 2024-12-31StandaloneCash and deposits
EPS (basic)¥-3.782025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-4.372024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-4.042023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-13.722022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-17.152021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
Net assets per share¥6.15at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥4.75at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥3.86at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥6.12at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥3.3at 2021-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio78.0%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio76.3%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio62.9%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio67.9%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio47.7%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
Shares issued263,709,010at 2025-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued218,458,910at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued174,373,910at 2023-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued168,402,310at 2022-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued133,946,210at 2021-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees17at 2025-12-31StandaloneNumber of employees
Employees18at 2024-12-31StandaloneNumber of employees
Employees19at 2023-12-31vStandaloneNumber of employees
Employees21at 2022-12-31vStandaloneNumber of employees
Employees21at 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.

All source rows · 1,309
ItemContextValueUnit
Profit loss IFRSCurrentYearDuration_CapitalSurplusIFRSMember-JPY
Profit loss IFRSCurrentYearDuration_RetainedEarningsIFRSMember-876000000JPY
Profit loss IFRSCurrentYearDuration_TreasurySharesIFRSMember-JPY
Profit loss IFRSCurrentYearDuration_NetChangeInFairValueOfEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncomeIFRSMember-JPY
Profit loss IFRSCurrentYearDuration_ExchangeDifferencesOnTranslationOfForeignOperationsIFRSMember-JPY
Profit loss IFRSCurrentYearDuration_ShareAcquisitionRightsIFRSMember-JPY
Profit loss IFRSCurrentYearDuration_OtherComponentsOfEquityIFRSMember-JPY
Profit loss IFRSCurrentYearDuration-876000000JPY
Other comprehensive income IFRSCurrentYearDuration_ShareCapitalIFRSMember-JPY
Other comprehensive income IFRSCurrentYearDuration_CapitalSurplusIFRSMember-JPY
Other comprehensive income IFRSCurrentYearDuration_RetainedEarningsIFRSMember-JPY
Other comprehensive income IFRSCurrentYearDuration_TreasurySharesIFRSMember-JPY
Other comprehensive income IFRSCurrentYearDuration_NetChangeInFairValueOfEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncomeIFRSMember9000000JPY
Other comprehensive income IFRSCurrentYearDuration_ExchangeDifferencesOnTranslationOfForeignOperationsIFRSMember4000000JPY
Other comprehensive income IFRSCurrentYearDuration_ShareAcquisitionRightsIFRSMember-JPY
Other comprehensive income IFRSCurrentYearDuration_OtherComponentsOfEquityIFRSMember14000000JPY
Other comprehensive income IFRSCurrentYearDuration14000000JPY
Comprehensive income IFRSCurrentYearDuration_ShareCapitalIFRSMember-JPY
Comprehensive income IFRSCurrentYearDuration_CapitalSurplusIFRSMember-JPY
Comprehensive income IFRSCurrentYearDuration_RetainedEarningsIFRSMember-876000000JPY
Comprehensive income IFRSCurrentYearDuration_TreasurySharesIFRSMember-JPY
Comprehensive income IFRSCurrentYearDuration_NetChangeInFairValueOfEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncomeIFRSMember9000000JPY
Comprehensive income IFRSCurrentYearDuration_ExchangeDifferencesOnTranslationOfForeignOperationsIFRSMember4000000JPY
Comprehensive income IFRSCurrentYearDuration_ShareAcquisitionRightsIFRSMember-JPY
Comprehensive income IFRSCurrentYearDuration_OtherComponentsOfEquityIFRSMember14000000JPY
Comprehensive income IFRSCurrentYearDuration-862000000JPY
Exercise of share acquisition rights ss IFRSCurrentYearDuration_ShareCapitalIFRSMember736000000JPY
Exercise of share acquisition rights ss IFRSCurrentYearDuration_CapitalSurplusIFRSMember721000000JPY
Exercise of share acquisition rights ss IFRSCurrentYearDuration_RetainedEarningsIFRSMember-JPY
Exercise of share acquisition rights ss IFRSCurrentYearDuration_TreasurySharesIFRSMember-JPY
Exercise of share acquisition rights ss IFRSCurrentYearDuration_NetChangeInFairValueOfEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncomeIFRSMember-JPY
Exercise of share acquisition rights ss IFRSCurrentYearDuration_ExchangeDifferencesOnTranslationOfForeignOperationsIFRSMember-JPY
Exercise of share acquisition rights ss IFRSCurrentYearDuration_ShareAcquisitionRightsIFRSMember-JPY
Exercise of share acquisition rights ss IFRSCurrentYearDuration_OtherComponentsOfEquityIFRSMember-JPY
Exercise of share acquisition rights ss IFRSCurrentYearDuration1458000000JPY
Capital reduction ss IFRSCurrentYearDuration_ShareCapitalIFRSMember-2111000000JPY
Capital reduction ss IFRSCurrentYearDuration_CapitalSurplusIFRSMember2111000000JPY
Capital reduction ss IFRSCurrentYearDuration_RetainedEarningsIFRSMember-JPY
Capital reduction ss IFRSCurrentYearDuration_TreasurySharesIFRSMember-JPY
Capital reduction ss IFRSCurrentYearDuration_NetChangeInFairValueOfEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncomeIFRSMember-JPY
Capital reduction ss IFRSCurrentYearDuration_ExchangeDifferencesOnTranslationOfForeignOperationsIFRSMember-JPY
Capital reduction ss IFRSCurrentYearDuration_ShareAcquisitionRightsIFRSMember-JPY
Capital reduction ss IFRSCurrentYearDuration_OtherComponentsOfEquityIFRSMember-JPY
Capital reduction ss IFRSCurrentYearDuration-JPY
Deficit disposition ss IFRSCurrentYearDuration_ShareCapitalIFRSMember-JPY
Deficit disposition ss IFRSCurrentYearDuration_CapitalSurplusIFRSMember-3633000000JPY
Deficit disposition ss IFRSCurrentYearDuration_RetainedEarningsIFRSMember3633000000JPY
Deficit disposition ss IFRSCurrentYearDuration_TreasurySharesIFRSMember-JPY
Deficit disposition ss IFRSCurrentYearDuration_NetChangeInFairValueOfEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncomeIFRSMember-JPY
Deficit disposition ss IFRSCurrentYearDuration_ExchangeDifferencesOnTranslationOfForeignOperationsIFRSMember-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 identityconsolidated 2024-12-31pass
balance sheet identityconsolidated 2025-12-31pass
balance sheet identitynon_consolidated 2024-12-31pass
balance sheet identitynon_consolidated 2025-12-31pass rounding
dei present pass
period resolution pass
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