Annual report

Period2025-01-01 → 2025-12-31

Filed2026-03-27

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Amended by S100XZ4Q (2026-04-15).

Key figures · 148

Metric	Value	Period	Scope	Source row
Revenue	¥52.9bn	2025-01-01 → 2025-12-31	Cons.	Net sales
Revenue	¥51.3bn	2024-01-01 → 2024-12-31	Cons.	Net sales
Revenue	¥47.8bn	2023-01-01 → 2023-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥45.2bn	2022-01-01 → 2022-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥41.6bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥5.7bn	2025-01-01 → 2025-12-31	Cons.	Operating income
Operating income	¥6.8bn	2024-01-01 → 2024-12-31	Cons.	Operating income
Ordinary income	¥5.5bn	2025-01-01 → 2025-12-31	Cons.	Ordinary income
Ordinary income	¥7.0bn	2024-01-01 → 2024-12-31	Cons.	Ordinary income
Ordinary income	¥5.6bn	2023-01-01 → 2023-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥7.8bn	2022-01-01 → 2022-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥7.2bn	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥4.9bn	2025-01-01 → 2025-12-31	Cons.	Income before income taxes
Profit before tax	¥7.0bn	2024-01-01 → 2024-12-31	Cons.	Income before income taxes
Net income (owners)	¥3.4bn	2025-01-01 → 2025-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥5.0bn	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥4.0bn	2023-01-01 → 2023-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥5.6bn	2022-01-01 → 2022-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥5.1bn	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥3.4bn	2025-01-01 → 2025-12-31	Cons.	Profit loss
Net income	¥5.0bn	2024-01-01 → 2024-12-31	Cons.	Profit loss
Total assets	¥57.8bn	at 2025-12-31	Cons.	Assets
Total assets	¥58.9bn	at 2024-12-31	Cons.	Assets
Total assets	¥53.4bn	at 2023-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥52.8bn	at 2022-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥48.2bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥8.7bn	at 2025-12-31	Cons.	Liabilities
Total liabilities	¥10.1bn	at 2024-12-31	Cons.	Liabilities
Net assets / equity	¥49.1bn	at 2025-12-31	Cons.	Net assets
Net assets / equity	¥48.8bn	at 2024-12-31	Cons.	Net assets
Net assets / equity	¥45.9bn	at 2023-12-31^v	Cons.	Net assets
Net assets / equity	¥44.0bn	at 2022-12-31^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥40.2bn	at 2021-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥11.8bn	at 2025-12-31	Cons.	Cash and deposits
Cash and deposits	¥13.8bn	at 2024-12-31	Cons.	Cash and deposits
Cash & equivalents	¥11.5bn	at 2025-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥13.8bn	at 2024-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥11.3bn	at 2023-12-31^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥12.3bn	at 2022-12-31^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥13.3bn	at 2021-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥5.4bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥7.6bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥4.8bn	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥5.0bn	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥6.6bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥3.0bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥2.5bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥3.1bn	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥3.9bn	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥4.0bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥4.9bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥2.9bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥2.8bn	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥2.6bn	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥1.9bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥106.26	2025-01-01 → 2025-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥154.12	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥122.99	2023-01-01 → 2023-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥171.49	2022-01-01 → 2022-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥157.17	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥1,543.67	at 2025-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,499.2	at 2024-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,411.56	at 2023-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,352.52	at 2022-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,236.41	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	84.9%	at 2025-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	82.9%	at 2024-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	86.0%	at 2023-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	83.4%	at 2022-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	83.3%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	7.0%	2025-01-01 → 2025-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	10.6%	2024-01-01 → 2024-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	8.9%	2023-01-01 → 2023-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	13.2%	2022-01-01 → 2022-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	13.4%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	1,237	at 2025-12-31	Cons.	Number of employees
Employees	1,188	at 2024-12-31	Cons.	Number of employees
Employees	1,140	at 2023-12-31^v	Cons.	Number of employees
Employees	1,097	at 2022-12-31^v	Cons.	Number of employees
Employees	1,038	at 2021-12-31^d	Cons.	Number of employees
Revenue	¥47.0bn	2025-01-01 → 2025-12-31	Standalone	Net sales
Revenue	¥45.6bn	2024-01-01 → 2024-12-31	Standalone	Net sales
Revenue	¥42.5bn	2023-01-01 → 2023-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥41.8bn	2022-01-01 → 2022-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥39.2bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥5.0bn	2025-01-01 → 2025-12-31	Standalone	Operating income
Operating income	¥6.1bn	2024-01-01 → 2024-12-31	Standalone	Operating income
Ordinary income	¥5.5bn	2025-01-01 → 2025-12-31	Standalone	Ordinary income
Ordinary income	¥6.4bn	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	¥4.9bn	2023-01-01 → 2023-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥8.0bn	2022-01-01 → 2022-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥6.9bn	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥4.3bn	2025-01-01 → 2025-12-31	Standalone	Income before income taxes
Profit before tax	¥6.4bn	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Net income	¥3.1bn	2025-01-01 → 2025-12-31	Standalone	Profit loss
Net income	¥4.8bn	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	¥3.2bn	2023-01-01 → 2023-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥5.5bn	2022-01-01 → 2022-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥5.0bn	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥49.8bn	at 2025-12-31	Standalone	Assets
Total assets	¥52.6bn	at 2024-12-31	Standalone	Assets
Total assets	¥48.4bn	at 2023-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥49.5bn	at 2022-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥45.7bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥8.0bn	at 2025-12-31	Standalone	Liabilities
Total liabilities	¥9.4bn	at 2024-12-31	Standalone	Liabilities
Net assets / equity	¥41.8bn	at 2025-12-31	Standalone	Net assets
Net assets / equity	¥43.1bn	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥41.4bn	at 2023-12-31^v	Standalone	Net assets
Net assets / equity	¥41.2bn	at 2022-12-31^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥38.1bn	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥6.5bn	at 2025-12-31	Standalone	Cash and deposits
Cash and deposits	¥9.0bn	at 2024-12-31	Standalone	Cash and deposits
EPS (basic)	¥95.27	2025-01-01 → 2025-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥146.68	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥99.37	2023-01-01 → 2023-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥170.16	2022-01-01 → 2022-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥153.38	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
Dividend per share	¥88	2025-01-01 → 2025-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥88	2024-01-01 → 2024-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥88	2023-01-01 → 2023-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥86	2022-01-01 → 2022-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥68	2021-01-01 → 2021-12-31^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥1,316.26	at 2025-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,324.6	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,273.65	at 2023-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,268.22	at 2022-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,172.79	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	84.0%	at 2025-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	82.1%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	85.6%	at 2023-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	83.3%	at 2022-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	83.4%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	7.3%	2025-01-01 → 2025-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	11.3%	2024-01-01 → 2024-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	7.8%	2023-01-01 → 2023-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	13.9%	2022-01-01 → 2022-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	13.6%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	32,305,534	at 2025-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	33,117,234	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	33,117,234	at 2023-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	33,117,234	at 2022-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	33,117,234	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	941	at 2025-12-31	Standalone	Number of employees
Employees	904	at 2024-12-31	Standalone	Number of employees
Employees	870	at 2023-12-31^v	Standalone	Number of employees
Employees	842	at 2022-12-31^v	Standalone	Number of employees
Employees	810	at 2021-12-31^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 · 1,368

Item	Context	Value	Unit
Intangible assets	Prior1YearInstant_NonConsolidatedMember	1295281000	JPY
Intangible assets	CurrentYearInstant_NonConsolidatedMember	1189415000	JPY
Investment securities	Prior1YearInstant_NonConsolidatedMember	875480000	JPY
Investment securities	CurrentYearInstant_NonConsolidatedMember	642800000	JPY
Stocks of subsidiaries and affiliates	Prior1YearInstant_NonConsolidatedMember	2649930000	JPY
Stocks of subsidiaries and affiliates	CurrentYearInstant_NonConsolidatedMember	2242664000	JPY
Investments in capital of subsidiaries and affiliates	Prior1YearInstant_NonConsolidatedMember	4457200000	JPY
Investments in capital of subsidiaries and affiliates	CurrentYearInstant_NonConsolidatedMember	4316997000	JPY
Long term loans receivable from subsidiaries and affiliates	Prior1YearInstant_NonConsolidatedMember	1175000000	JPY
Long term loans receivable from subsidiaries and affiliates	CurrentYearInstant_NonConsolidatedMember	711000000	JPY
Prepaid pension cost ioa	Prior1YearInstant_NonConsolidatedMember	233230000	JPY
Prepaid pension cost ioa	CurrentYearInstant_NonConsolidatedMember	351677000	JPY
Deferred tax assets	Prior1YearInstant_NonConsolidatedMember	1173589000	JPY
Deferred tax assets	CurrentYearInstant_NonConsolidatedMember	880129000	JPY
Other ioa	Prior1YearInstant_NonConsolidatedMember	877128000	JPY
Other ioa	CurrentYearInstant_NonConsolidatedMember	1017384000	JPY
Allowance for doubtful accounts ioa by group	Prior1YearInstant_NonConsolidatedMember	-466290000	JPY
Allowance for doubtful accounts ioa by group	CurrentYearInstant_NonConsolidatedMember	-590038000	JPY
Investments and other assets	Prior1YearInstant_NonConsolidatedMember	10975269000	JPY
Investments and other assets	CurrentYearInstant_NonConsolidatedMember	9572614000	JPY
Noncurrent assets	Prior1YearInstant_NonConsolidatedMember	29424796000	JPY
Noncurrent assets	CurrentYearInstant_NonConsolidatedMember	28729098000	JPY
Assets	Prior1YearInstant_NonConsolidatedMember	52567492000	JPY
Assets	CurrentYearInstant_NonConsolidatedMember	49798294000	JPY
Accounts payable trade	Prior1YearInstant_NonConsolidatedMember	1495080000	JPY
Accounts payable trade	CurrentYearInstant_NonConsolidatedMember	1494692000	JPY
Accounts payable other	Prior1YearInstant_NonConsolidatedMember	4232230000	JPY
Accounts payable other	CurrentYearInstant_NonConsolidatedMember	3581544000	JPY
Accrued expenses	Prior1YearInstant_NonConsolidatedMember	502125000	JPY
Accrued expenses	CurrentYearInstant_NonConsolidatedMember	540618000	JPY
Income taxes payable	Prior1YearInstant_NonConsolidatedMember	1140118000	JPY
Income taxes payable	CurrentYearInstant_NonConsolidatedMember	312645000	JPY
Advances received	Prior1YearInstant_NonConsolidatedMember	55897000	JPY
Advances received	CurrentYearInstant_NonConsolidatedMember	19910000	JPY
Deposits received	Prior1YearInstant_NonConsolidatedMember	356146000	JPY
Deposits received	CurrentYearInstant_NonConsolidatedMember	355903000	JPY
Provision for bonuses	Prior1YearInstant_NonConsolidatedMember	554106000	JPY
Provision for bonuses	CurrentYearInstant_NonConsolidatedMember	561878000	JPY
Other cl	Prior1YearInstant_NonConsolidatedMember	335284000	JPY
Other cl	CurrentYearInstant_NonConsolidatedMember	151414000	JPY
Current liabilities	Prior1YearInstant_NonConsolidatedMember	8670989000	JPY
Current liabilities	CurrentYearInstant_NonConsolidatedMember	7018607000	JPY
Asset retirement obligations ncl	Prior1YearInstant_NonConsolidatedMember	691749000	JPY
Asset retirement obligations ncl	CurrentYearInstant_NonConsolidatedMember	871410000	JPY
Other ncl	Prior1YearInstant_NonConsolidatedMember	73062000	JPY
Other ncl	CurrentYearInstant_NonConsolidatedMember	76790000	JPY
Noncurrent liabilities	Prior1YearInstant_NonConsolidatedMember	764812000	JPY
Noncurrent liabilities	CurrentYearInstant_NonConsolidatedMember	948201000	JPY
Liabilities	Prior1YearInstant_NonConsolidatedMember	9435802000	JPY
Liabilities	CurrentYearInstant_NonConsolidatedMember	7966808000	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 · 24 of 24 passed

balance sheet identity	consolidated 2024-12-31	pass
balance sheet identity	consolidated 2025-12-31	pass
balance sheet identity	non_consolidated 2024-12-31	pass rounding
balance sheet identity	non_consolidated 2025-12-31	pass
dei present		pass
period resolution		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	consolidated 2025-12-31	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 assets	non_consolidated 2025-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2025-01-01/2025-12-31	pass
statement vs summary · operating cash flow	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · operating cash flow	consolidated 2025-01-01/2025-12-31	pass
statement vs summary · revenue	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · revenue	consolidated 2025-01-01/2025-12-31	pass
statement vs summary · revenue	non_consolidated 2024-01-01/2024-12-31	pass
statement vs summary · revenue	non_consolidated 2025-01-01/2025-12-31	pass
statement vs summary · total assets	consolidated 2024-12-31	pass
statement vs summary · total assets	consolidated 2025-12-31	pass
statement vs summary · total assets	non_consolidated 2024-12-31	pass
statement vs summary · total assets	non_consolidated 2025-12-31	pass