Annual report

Period2025-01-01 → 2025-12-31
Filed2026-03-26
StandardIFRS
ConsolidatedYes
Data checks19 of 19 passed
Key figures · 160
MetricValuePeriodScopeSource row
Revenue¥422.1bn2025-01-01 → 2025-12-31Cons.Revenue IFRS (5-year summary)
Revenue¥412.9bn2024-01-01 → 2024-12-31Cons.Revenue IFRS (5-year summary)
Revenue¥402.8bn2023-01-01 → 2023-12-31vCons.Revenue IFRS (5-year summary)
Revenue¥389.9bn2022-01-01 → 2022-12-31vCons.Revenue IFRS (5-year summary)
Revenue¥366.2bn2021-01-01 → 2021-12-31dCons.Revenue IFRS (5-year summary)
Operating income¥36.4bn2025-01-01 → 2025-12-31Cons.Operating profit loss IFRS
Operating income¥28.4bn2024-01-01 → 2024-12-31Cons.Operating profit loss IFRS
Profit before tax¥39.4bn2025-01-01 → 2025-12-31Cons.Profit loss before tax IFRS
Profit before tax¥32.2bn2024-01-01 → 2024-12-31Cons.Profit loss before tax IFRS
Profit before tax¥22.4bn2023-01-01 → 2023-12-31vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax¥31.3bn2022-01-01 → 2022-12-31vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax¥34.1bn2021-01-01 → 2021-12-31dCons.Profit loss before tax IFRS (5-year summary)
Net income (owners)¥27.6bn2025-01-01 → 2025-12-31Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥21.2bn2024-01-01 → 2024-12-31Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥14.6bn2023-01-01 → 2023-12-31vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥21.9bn2022-01-01 → 2022-12-31vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥23.8bn2021-01-01 → 2021-12-31dCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income¥31.0bn2025-01-01 → 2025-12-31Cons.Profit loss IFRS
Net income¥24.1bn2024-01-01 → 2024-12-31Cons.Profit loss IFRS
Net income¥16.7bn2023-01-01 → 2023-12-31vCons.Profit loss IFRS (5-year summary)
Net income¥23.1bn2022-01-01 → 2022-12-31vCons.Profit loss IFRS (5-year summary)
Net income¥25.4bn2021-01-01 → 2021-12-31dCons.Profit loss IFRS (5-year summary)
Total assets¥528.6bnat 2025-12-31Cons.Assets IFRS
Total assets¥497.2bnat 2024-12-31Cons.Assets IFRS
Total assets¥486.4bnat 2023-12-31vCons.Total assets IFRS (5-year summary)
Total assets¥469.3bnat 2022-12-31vCons.Total assets IFRS (5-year summary)
Total assets¥428.0bnat 2021-12-31dCons.Total assets IFRS (5-year summary)
Total liabilities¥180.2bnat 2025-12-31Cons.Liabilities IFRS
Total liabilities¥181.5bnat 2024-12-31Cons.Liabilities IFRS
Net assets / equity¥348.4bnat 2025-12-31Cons.Equity IFRS
Net assets / equity¥315.7bnat 2024-12-31Cons.Equity IFRS
Net assets / equity¥298.1bnat 2023-12-31vCons.Equity IFRS
Equity (owners)¥322.7bnat 2025-12-31Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥293.7bnat 2024-12-31Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥280.3bnat 2023-12-31vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥264.3bnat 2022-12-31vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥251.6bnat 2021-12-31dCons.Equity attributable to owners of parent IFRS (5-year summary)
Cash & equivalents¥88.1bnat 2025-12-31Cons.Cash and cash equivalents IFRS
Cash & equivalents¥102.2bnat 2024-12-31Cons.Cash and cash equivalents IFRS
Cash & equivalents¥85.5bnat 2023-12-31vCons.Cash and cash equivalents IFRS
Cash & equivalents¥101.1bnat 2022-12-31vCons.Cash and cash equivalents IFRS (5-year summary)
Cash & equivalents¥97.3bnat 2021-12-31dCons.Cash and cash equivalents IFRS (5-year summary)
Operating cash flow¥40.6bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥43.7bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥30.1bn2023-01-01 → 2023-12-31vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥42.0bn2022-01-01 → 2022-12-31vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥19.3bn2021-01-01 → 2021-12-31dCons.Cash flows from used in operating activities IFRS (5-year summary)
Investing cash flow−¥43.5bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥7.7bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥34.8bn2023-01-01 → 2023-12-31vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥19.5bn2022-01-01 → 2022-12-31vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥34.2bn2021-01-01 → 2021-12-31dCons.Cash flows from used in investing activities IFRS (5-year summary)
Financing cash flow−¥12.4bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in financing activities IFRS
Financing cash flow−¥21.2bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in financing activities IFRS
Financing cash flow−¥11.8bn2023-01-01 → 2023-12-31vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow−¥19.8bn2022-01-01 → 2022-12-31vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow−¥10.2bn2021-01-01 → 2021-12-31dCons.Cash flows from used in financing activities IFRS (5-year summary)
EPS (basic)¥99.742025-01-01 → 2025-12-31Cons.Basic earnings loss per share IFRS
EPS (basic)¥76.512024-01-01 → 2024-12-31Cons.Basic earnings loss per share IFRS
EPS (basic)¥51.422023-01-01 → 2023-12-31vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥77.042022-01-01 → 2022-12-31vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥81.732021-01-01 → 2021-12-31dCons.Basic earnings loss per share IFRS (5-year summary)
EPS (diluted)¥99.642025-01-01 → 2025-12-31Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥76.412024-01-01 → 2024-12-31Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥51.352023-01-01 → 2023-12-31vCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥76.912022-01-01 → 2022-12-31vCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥81.592021-01-01 → 2021-12-31dCons.Diluted earnings loss per share IFRS (5-year summary)
Net assets per share¥1,166.54at 2025-12-31Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥1,062.7at 2024-12-31Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥985.43at 2023-12-31vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥929.72at 2022-12-31vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥865.31at 2021-12-31dCons.Equity to asset ratio IFRS (5-year summary)
Equity ratio61.1%at 2025-12-31Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio59.1%at 2024-12-31Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio57.6%at 2023-12-31vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio56.3%at 2022-12-31vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio58.8%at 2021-12-31dCons.Ratio of owners equity to gross assets IFRS (5-year summary)
ROE9.0%2025-01-01 → 2025-12-31Cons.Rate of return on equity IFRS (5-year summary)
ROE7.4%2024-01-01 → 2024-12-31Cons.Rate of return on equity IFRS (5-year summary)
ROE5.4%2023-01-01 → 2023-12-31vCons.Rate of return on equity IFRS (5-year summary)
ROE8.5%2022-01-01 → 2022-12-31vCons.Rate of return on equity IFRS (5-year summary)
ROE9.8%2021-01-01 → 2021-12-31dCons.Rate of return on equity IFRS (5-year summary)
Employees8,346at 2025-12-31Cons.Number of employees
Employees7,654at 2024-12-31Cons.Number of employees
Employees7,550at 2023-12-31vCons.Number of employees
Employees7,587at 2022-12-31vCons.Number of employees
Employees7,584at 2021-12-31dCons.Number of employees
Revenue¥225.5bn2025-01-01 → 2025-12-31StandaloneNet sales
Revenue¥224.4bn2024-01-01 → 2024-12-31StandaloneNet sales
Revenue¥230.8bn2023-01-01 → 2023-12-31vStandaloneNet sales (5-year summary)
Revenue¥231.3bn2022-01-01 → 2022-12-31vStandaloneNet sales (5-year summary)
Revenue¥230.5bn2021-01-01 → 2021-12-31dStandaloneNet sales (5-year summary)
Operating income¥11.8bn2025-01-01 → 2025-12-31StandaloneOperating income
Operating income¥9.8bn2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income¥21.8bn2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income¥18.7bn2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income¥8.1bn2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥17.3bn2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥28.5bn2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥21.9bn2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax¥15.9bn2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income¥18.7bn2025-01-01 → 2025-12-31StandaloneProfit loss
Net income¥13.3bn2024-01-01 → 2024-12-31StandaloneProfit loss
Net income¥7.5bn2023-01-01 → 2023-12-31vStandaloneNet income loss (5-year summary)
Net income¥13.9bn2022-01-01 → 2022-12-31vStandaloneNet income loss (5-year summary)
Net income¥27.0bn2021-01-01 → 2021-12-31dStandaloneNet income loss (5-year summary)
Total assets¥325.0bnat 2025-12-31StandaloneAssets
Total assets¥319.9bnat 2024-12-31StandaloneAssets
Total assets¥319.1bnat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥332.4bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥326.5bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥110.7bnat 2025-12-31StandaloneLiabilities
Total liabilities¥117.2bnat 2024-12-31StandaloneLiabilities
Net assets / equity¥214.4bnat 2025-12-31StandaloneNet assets
Net assets / equity¥202.7bnat 2024-12-31StandaloneNet assets
Net assets / equity¥206.1bnat 2023-12-31vStandaloneNet assets
Net assets / equity¥204.4bnat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥206.9bnat 2021-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥59.0bnat 2025-12-31StandaloneCash and deposits
Cash and deposits¥74.8bnat 2024-12-31StandaloneCash and deposits
EPS (basic)¥67.532025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥47.862024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥26.472023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥48.722022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥92.712021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥67.472025-01-01 → 2025-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥47.792024-01-01 → 2024-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥26.432023-01-01 → 2023-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥48.632022-01-01 → 2022-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥92.562021-01-01 → 2021-12-31dStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥302025-01-01 → 2025-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥272024-01-01 → 2024-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥262023-01-01 → 2023-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥252022-01-01 → 2022-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥242021-01-01 → 2021-12-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥774.89at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥733.26at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥724.32at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥718.75at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥711.27at 2021-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio66.0%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio63.4%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio64.6%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio61.5%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio63.3%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE9.0%2025-01-01 → 2025-12-31StandaloneRate of return on equity (5-year summary)
ROE6.5%2024-01-01 → 2024-12-31StandaloneRate of return on equity (5-year summary)
ROE3.7%2023-01-01 → 2023-12-31vStandaloneRate of return on equity (5-year summary)
ROE6.8%2022-01-01 → 2022-12-31vStandaloneRate of return on equity (5-year summary)
ROE13.6%2021-01-01 → 2021-12-31dStandaloneRate of return on equity (5-year summary)
Shares issued279,782,746at 2025-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued284,432,746at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued292,536,446at 2023-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued292,536,446at 2022-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued299,115,346at 2021-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees3,059at 2025-12-31StandaloneNumber of employees
Employees3,068at 2024-12-31StandaloneNumber of employees
Employees3,132at 2023-12-31vStandaloneNumber of employees
Employees3,190at 2022-12-31vStandaloneNumber of employees
Employees3,165at 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.

Segments · 7
SegmentItemPeriodValue
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsemployeesat 2025-12-31241 pure
General Use Consumable Products Businessreportable segmentemployeesat 2025-12-312651 pure
Industrial Products Businessreportable segmentemployeesat 2025-12-31600 pure
Overseas Businessreportable segmentemployeesat 2025-12-314282 pure
General Use Consumable Products Businessreportable segmentemployeesat 2025-12-312363 pure
Industrial Products Businessreportable segmentemployeesat 2025-12-313 pure
Overseas Businessreportable segmentemployeesat 2025-12-31121 pure

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

All source rows · 2,136
ItemContextValueUnit
Retirement benefit liability ncl IFRSCurrentYearInstant4755000000JPY
Provisions ncl IFRSPrior1YearInstant2171000000JPY
Provisions ncl IFRSCurrentYearInstant2224000000JPY
Lease liabilities ncl IFRSPrior1YearInstant27637000000JPY
Lease liabilities ncl IFRSCurrentYearInstant26189000000JPY
Other financial liabilities ncl IFRSPrior1YearInstant2384000000JPY
Other financial liabilities ncl IFRSCurrentYearInstant2354000000JPY
Other non current liabilities ncl IFRSPrior1YearInstant1827000000JPY
Other non current liabilities ncl IFRSCurrentYearInstant1838000000JPY
Non current labilities IFRSPrior1YearInstant39094000000JPY
Non current labilities IFRSCurrentYearInstant43980000000JPY
Liabilities IFRSPrior1YearInstant181473000000JPY
Liabilities IFRSCurrentYearInstant180176000000JPY
Share capital IFRSPrior1YearInstant34433000000JPY
Share capital IFRSCurrentYearInstant34433000000JPY
Capital surplus IFRSPrior1YearInstant31327000000JPY
Capital surplus IFRSCurrentYearInstant31419000000JPY
Treasury shares IFRSPrior1YearInstant-8730000000JPY
Treasury shares IFRSCurrentYearInstant-3304000000JPY
Other components of equity IFRSPrior1YearInstant23749000000JPY
Other components of equity IFRSCurrentYearInstant27987000000JPY
Retained earnings IFRSPrior1YearInstant212938000000JPY
Retained earnings IFRSCurrentYearInstant232190000000JPY
Equity attributable to owners of parent IFRSPrior1YearInstant293717000000JPY
Equity attributable to owners of parent IFRSCurrentYearInstant322726000000JPY
Non controlling interests IFRSPrior1YearInstant21976000000JPY
Non controlling interests IFRSCurrentYearInstant25692000000JPY
Equity IFRSPrior1YearInstant315694000000JPY
Equity IFRSCurrentYearInstant348419000000JPY
Liabilities and equity IFRSPrior1YearInstant497167000000JPY
Liabilities and equity IFRSCurrentYearInstant528596000000JPY
Net sales IFRSPrior1YearDuration412943000000JPY
Net sales IFRSCurrentYearDuration422092000000JPY
Cost of sales IFRSPrior1YearDuration224159000000JPY
Cost of sales IFRSCurrentYearDuration228170000000JPY
Gross profit IFRSPrior1YearDuration188783000000JPY
Gross profit IFRSCurrentYearDuration193921000000JPY
Selling general and administrative expenses IFRSPrior1YearDuration162450000000JPY
Selling general and administrative expenses IFRSCurrentYearDuration163161000000JPY
Other income IFRSPrior1YearDuration10056000000JPY
Other income IFRSCurrentYearDuration7106000000JPY
Other expenses IFRSPrior1YearDuration8001000000JPY
Other expenses IFRSCurrentYearDuration1497000000JPY
Operating profit loss IFRSPrior1YearDuration28387000000JPY
Operating profit loss IFRSCurrentYearDuration36368000000JPY
Finance income IFRSPrior1YearDuration1748000000JPY
Finance income IFRSCurrentYearDuration1416000000JPY
Finance costs IFRSPrior1YearDuration807000000JPY
Finance costs IFRSCurrentYearDuration1234000000JPY
Share of profit loss of investments accounted for using equity method IFRSPrior1YearDuration2921000000JPY

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 · 19 of 19 passed
balance sheet identityconsolidated 2024-12-31pass
balance sheet identityconsolidated 2025-12-31pass rounding
balance sheet identitynon_consolidated 2024-12-31pass
balance sheet identitynon_consolidated 2025-12-31pass
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 · 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