Annual report

Period2024-01-01 → 2024-12-31

Filed2025-03-27

StandardJapan GAAP

ConsolidatedYes

Data checks20 of 20 passed

Key figures · 129

Metric	Value	Period	Scope	Source row
Revenue	¥41m	2022-01-01 → 2022-12-31^d	Cons.	Operating revenue (5-year summary)
Revenue	¥1m	2021-01-01 → 2021-12-31^d	Cons.	Operating revenue (5-year summary)
Revenue	¥342m	2020-01-01 → 2020-12-31^d	Cons.	Operating revenue (5-year summary)
Operating income	−¥1.3bn	2024-01-01 → 2024-12-31	Cons.	Operating income
Operating income	−¥2.4bn	2023-01-01 → 2023-12-31	Cons.	Operating income
Ordinary income	−¥1.3bn	2024-01-01 → 2024-12-31	Cons.	Ordinary income
Ordinary income	−¥2.4bn	2023-01-01 → 2023-12-31	Cons.	Ordinary income
Ordinary income	−¥2.0bn	2022-01-01 → 2022-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	−¥1.2bn	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	−¥440m	2020-01-01 → 2020-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	−¥1.3bn	2024-01-01 → 2024-12-31	Cons.	Income before income taxes
Profit before tax	−¥2.4bn	2023-01-01 → 2023-12-31	Cons.	Income before income taxes
Net income (owners)	−¥1.3bn	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥2.4bn	2023-01-01 → 2023-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥2.7bn	2022-01-01 → 2022-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	−¥739m	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	−¥448m	2020-01-01 → 2020-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	−¥1.3bn	2024-01-01 → 2024-12-31	Cons.	Profit loss
Net income	−¥2.4bn	2023-01-01 → 2023-12-31	Cons.	Profit loss
Total assets	¥3.7bn	at 2024-12-31	Cons.	Assets
Total assets	¥2.0bn	at 2023-12-31	Cons.	Assets
Total assets	¥3.1bn	at 2022-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥6.1bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥6.3bn	at 2020-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥143m	at 2024-12-31	Cons.	Liabilities
Total liabilities	¥646m	at 2023-12-31	Cons.	Liabilities
Net assets / equity	¥3.5bn	at 2024-12-31	Cons.	Net assets
Net assets / equity	¥1.4bn	at 2023-12-31	Cons.	Net assets
Net assets / equity	¥2.9bn	at 2022-12-31^d	Cons.	Net assets
Net assets / equity	¥5.5bn	at 2021-12-31^d	Cons.	Net assets (5-year summary)
Net assets / equity	¥6.2bn	at 2020-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥3.6bn	at 2024-12-31	Cons.	Cash and deposits
Cash and deposits	¥1.9bn	at 2023-12-31	Cons.	Cash and deposits
Cash & equivalents	¥3.6bn	at 2024-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥1.9bn	at 2023-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥2.9bn	at 2022-12-31^d	Cons.	Cash and cash equivalents
Cash & equivalents	¥4.9bn	at 2021-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥5.4bn	at 2020-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	−¥1.4bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥2.3bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥1.9bn	2022-01-01 → 2022-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥747m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥377m	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥188,000	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥40m	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥186m	2022-01-01 → 2022-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	¥172m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥830m	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	¥3.0bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥1.2bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥64m	2022-01-01 → 2022-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥73m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥2.8bn	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥-28.57	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-77.24	2023-01-01 → 2023-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-92.85	2022-01-01 → 2022-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-25.7	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-17.02	2020-01-01 → 2020-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥50.81	at 2024-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥40.59	at 2023-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥99.53	at 2022-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥191.57	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥217.67	at 2020-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	95.5%	at 2024-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	66.8%	at 2023-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	93.4%	at 2022-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	91.4%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	98.9%	at 2020-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Employees	14	at 2024-12-31	Cons.	Number of employees
Employees	37	at 2023-12-31	Cons.	Number of employees
Employees	36	at 2022-12-31^d	Cons.	Number of employees
Employees	26	at 2021-12-31^d	Cons.	Number of employees
Employees	20	at 2020-12-31^d	Cons.	Number of employees
Revenue	¥41m	2022-01-01 → 2022-12-31^d	Standalone	Operating revenue (5-year summary)
Revenue	¥1m	2021-01-01 → 2021-12-31^d	Standalone	Operating revenue (5-year summary)
Revenue	¥342m	2020-01-01 → 2020-12-31^d	Standalone	Operating revenue (5-year summary)
Operating income	−¥1.5bn	2024-01-01 → 2024-12-31	Standalone	Operating income
Operating income	−¥2.5bn	2023-01-01 → 2023-12-31	Standalone	Operating income
Ordinary income	−¥1.4bn	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	−¥2.4bn	2023-01-01 → 2023-12-31	Standalone	Ordinary income
Ordinary income	−¥2.1bn	2022-01-01 → 2022-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥1.3bn	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥468m	2020-01-01 → 2020-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	−¥1.4bn	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Profit before tax	−¥2.4bn	2023-01-01 → 2023-12-31	Standalone	Income before income taxes
Net income	−¥1.4bn	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	−¥2.4bn	2023-01-01 → 2023-12-31	Standalone	Profit loss
Net income	−¥2.6bn	2022-01-01 → 2022-12-31^d	Standalone	Net income loss (5-year summary)
Net income	−¥793m	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Net income	−¥469m	2020-01-01 → 2020-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥3.5bn	at 2024-12-31	Standalone	Assets
Total assets	¥1.8bn	at 2023-12-31	Standalone	Assets
Total assets	¥3.0bn	at 2022-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥5.9bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥6.2bn	at 2020-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥48m	at 2024-12-31	Standalone	Liabilities
Total liabilities	¥439m	at 2023-12-31	Standalone	Liabilities
Net assets / equity	¥3.4bn	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥1.4bn	at 2023-12-31	Standalone	Net assets
Net assets / equity	¥2.9bn	at 2022-12-31^d	Standalone	Net assets
Net assets / equity	¥5.4bn	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥6.2bn	at 2020-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥3.0bn	at 2024-12-31	Standalone	Cash and deposits
Cash and deposits	¥1.3bn	at 2023-12-31	Standalone	Cash and deposits
EPS (basic)	¥-31.24	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-77.59	2023-01-01 → 2023-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-88.88	2022-01-01 → 2022-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-27.58	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-17.79	2020-01-01 → 2020-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
Net assets per share	¥48.97	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥40.61	at 2023-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥99.59	at 2022-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥188.03	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥216.22	at 2020-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	98.0%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	74.4%	at 2023-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	98.4%	at 2022-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	92.0%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	99.5%	at 2020-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Shares issued	69,403,998	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	33,355,272	at 2023-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	29,362,500	at 2022-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	28,967,500	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	28,515,600	at 2020-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	4	at 2024-12-31	Standalone	Number of employees
Employees	3	at 2023-12-31	Standalone	Number of employees
Employees	3	at 2022-12-31^d	Standalone	Number of employees
Employees	3	at 2021-12-31^d	Standalone	Number of employees
Employees	3	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.

All source rows · 1,131

Item	Context	Value	Unit
Accounts payable other	CurrentYearInstant	79338000	JPY
Accrued expenses	Prior1YearInstant	91789000	JPY
Accrued expenses	CurrentYearInstant	20308000	JPY
Income taxes payable	Prior1YearInstant	5973000	JPY
Income taxes payable	CurrentYearInstant	16496000	JPY
Other cl	Prior1YearInstant	1246000	JPY
Other cl	CurrentYearInstant	1179000	JPY
Current liabilities	Prior1YearInstant	198101000	JPY
Current liabilities	CurrentYearInstant	117322000	JPY
Provision for share based compensation expenses for directors ncl	Prior1YearInstant	733000	JPY
Provision for share based compensation expenses for directors ncl	CurrentYearInstant	822000	JPY
Provision for share based compensation expenses for employees ncl	Prior1YearInstant	3590000	JPY
Provision for share based compensation expenses for employees ncl	CurrentYearInstant	3624000	JPY
Bonds with subscription rights to shares ncl	Prior1YearInstant	412500000	JPY
Bonds with subscription rights to shares ncl	CurrentYearInstant	－	JPY
Other ncl	Prior1YearInstant	30577000	JPY
Other ncl	CurrentYearInstant	21701000	JPY
Noncurrent liabilities	Prior1YearInstant	447401000	JPY
Noncurrent liabilities	CurrentYearInstant	26148000	JPY
Liabilities	Prior1YearInstant	645502000	JPY
Liabilities	CurrentYearInstant	143471000	JPY
Capital stock	Prior1YearInstant	1217652000	JPY
Capital stock	CurrentYearInstant	1758987000	JPY
Capital surplus	Prior1YearInstant	2539387000	JPY
Capital surplus	CurrentYearInstant	3080722000	JPY
Retained earnings	Prior1YearInstant	-2410273000	JPY
Retained earnings	CurrentYearInstant	-1325620000	JPY
Treasury stock	Prior1YearInstant	-97000	JPY
Treasury stock	CurrentYearInstant	-97000	JPY
Shareholders equity	Prior1YearInstant	1346669000	JPY
Shareholders equity	CurrentYearInstant	3513992000	JPY
Foreign currency translation adjustment	Prior1YearInstant	7323000	JPY
Foreign currency translation adjustment	CurrentYearInstant	12337000	JPY
Valuation and translation adjustments	Prior1YearInstant	7323000	JPY
Valuation and translation adjustments	CurrentYearInstant	12337000	JPY
Subscription rights to shares	Prior1YearInstant	26430000	JPY
Subscription rights to shares	CurrentYearInstant	21748000	JPY
Net assets	Prior1YearInstant	1380422000	JPY
Net assets	CurrentYearInstant	3548078000	JPY
Liabilities and net assets	Prior1YearInstant	2025925000	JPY
Liabilities and net assets	CurrentYearInstant	3691549000	JPY
Operating revenue	Prior1YearDuration	－	JPY
Operating revenue	CurrentYearDuration	－	JPY
Research and development expenses sga	Prior1YearDuration	2102853000	JPY
Research and development expenses sga	CurrentYearDuration	1092174000	JPY
Selling general and administrative expenses	Prior1YearDuration	267812000	JPY
Selling general and administrative expenses	CurrentYearDuration	245476000	JPY
Total operating expenses operating expense	Prior1YearDuration	2370666000	JPY
Total operating expenses operating expense	CurrentYearDuration	1337650000	JPY
Operating income	Prior1YearDuration	-2370666000	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 · 20 of 20 passed

balance sheet identity	consolidated 2023-12-31	pass rounding
balance sheet identity	consolidated 2024-12-31	pass
balance sheet identity	non_consolidated 2023-12-31	pass
balance sheet identity	non_consolidated 2024-12-31	pass
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2022-12-31	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	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 · 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