Annual report

Period2025-01-01 → 2025-12-31

Filed2026-03-31

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 153

Metric	Value	Period	Scope	Source row
Revenue	¥10.0bn	2025-01-01 → 2025-12-31	Cons.	Net sales
Revenue	¥8.6bn	2024-01-01 → 2024-12-31	Cons.	Net sales
Revenue	¥7.1bn	2023-01-01 → 2023-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥6.6bn	2022-01-01 → 2022-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥5.0bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥133m	2025-01-01 → 2025-12-31	Cons.	Operating income
Operating income	¥72m	2024-01-01 → 2024-12-31	Cons.	Operating income
Ordinary income	¥50m	2025-01-01 → 2025-12-31	Cons.	Ordinary income
Ordinary income	¥51m	2024-01-01 → 2024-12-31	Cons.	Ordinary income
Ordinary income	¥161m	2023-01-01 → 2023-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥200m	2022-01-01 → 2022-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥266m	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥42m	2025-01-01 → 2025-12-31	Cons.	Income before income taxes
Profit before tax	¥51m	2024-01-01 → 2024-12-31	Cons.	Income before income taxes
Net income (owners)	¥46m	2025-01-01 → 2025-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥21m	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥111m	2023-01-01 → 2023-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥115m	2022-01-01 → 2022-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥200m	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥46m	2025-01-01 → 2025-12-31	Cons.	Profit loss
Net income	−¥22m	2024-01-01 → 2024-12-31	Cons.	Profit loss
Total assets	¥7.8bn	at 2025-12-31	Cons.	Assets
Total assets	¥6.4bn	at 2024-12-31	Cons.	Assets
Total assets	¥5.5bn	at 2023-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥5.3bn	at 2022-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥2.9bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥6.2bn	at 2025-12-31	Cons.	Liabilities
Total liabilities	¥4.9bn	at 2024-12-31	Cons.	Liabilities
Net assets / equity	¥1.6bn	at 2025-12-31	Cons.	Net assets
Net assets / equity	¥1.6bn	at 2024-12-31	Cons.	Net assets
Net assets / equity	¥1.6bn	at 2023-12-31^v	Cons.	Net assets
Net assets / equity	¥1.6bn	at 2022-12-31^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥1.3bn	at 2021-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥1.2bn	at 2025-12-31	Cons.	Cash and deposits
Cash and deposits	¥1.0bn	at 2024-12-31	Cons.	Cash and deposits
Cash & equivalents	¥800m	at 2025-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥629m	at 2024-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥528m	at 2023-12-31^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥658m	at 2022-12-31^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥643m	at 2021-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	−¥304m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥577m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥414m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥799m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥417m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥93m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥203m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥145m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥693m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥51m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	¥571m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥886m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥400m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥1.5bn	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥410m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥1.54	2025-01-01 → 2025-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-0.71	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥3.75	2023-01-01 → 2023-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥3.85	2022-01-01 → 2022-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥6.84	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥1.53	2025-01-01 → 2025-12-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥3.75	2023-01-01 → 2023-12-31^v	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥52.69	at 2025-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥52.35	at 2024-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥54.78	at 2023-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥52.81	at 2022-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥44.52	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	20.3%	at 2025-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	24.3%	at 2024-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	29.5%	at 2023-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	29.6%	at 2022-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	44.9%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	2.9%	2025-01-01 → 2025-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	-1.3%	2024-01-01 → 2024-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	7.0%	2023-01-01 → 2023-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	7.9%	2022-01-01 → 2022-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	16.1%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	136	at 2025-12-31	Cons.	Number of employees
Employees	128	at 2024-12-31	Cons.	Number of employees
Employees	118	at 2023-12-31^v	Cons.	Number of employees
Employees	127	at 2022-12-31^v	Cons.	Number of employees
Employees	94	at 2021-12-31^d	Cons.	Number of employees
Revenue	¥7.6bn	2025-01-01 → 2025-12-31	Standalone	Net sales
Revenue	¥6.3bn	2024-01-01 → 2024-12-31	Standalone	Net sales
Revenue	¥5.0bn	2023-01-01 → 2023-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥5.1bn	2022-01-01 → 2022-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥5.0bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Operating income	−¥2m	2025-01-01 → 2025-12-31	Standalone	Operating income
Operating income	−¥158m	2024-01-01 → 2024-12-31	Standalone	Operating income
Ordinary income	¥128m	2025-01-01 → 2025-12-31	Standalone	Ordinary income
Ordinary income	¥754m	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	¥50m	2023-01-01 → 2023-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥67m	2022-01-01 → 2022-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥253m	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥122m	2025-01-01 → 2025-12-31	Standalone	Income before income taxes
Profit before tax	¥754m	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Net income	¥154m	2025-01-01 → 2025-12-31	Standalone	Profit loss
Net income	¥749m	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	¥27m	2023-01-01 → 2023-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥46m	2022-01-01 → 2022-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥176m	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥7.6bn	at 2025-12-31	Standalone	Assets
Total assets	¥6.4bn	at 2024-12-31	Standalone	Assets
Total assets	¥5.6bn	at 2023-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥5.0bn	at 2022-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥2.9bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥5.5bn	at 2025-12-31	Standalone	Liabilities
Total liabilities	¥4.5bn	at 2024-12-31	Standalone	Liabilities
Net assets / equity	¥2.1bn	at 2025-12-31	Standalone	Net assets
Net assets / equity	¥2.0bn	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥1.3bn	at 2023-12-31^v	Standalone	Net assets
Net assets / equity	¥1.3bn	at 2022-12-31^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥1.3bn	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥794m	at 2025-12-31	Standalone	Cash and deposits
Cash and deposits	¥778m	at 2024-12-31	Standalone	Cash and deposits
EPS (basic)	¥5.13	2025-01-01 → 2025-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥25.08	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥0.91	2023-01-01 → 2023-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥1.54	2022-01-01 → 2022-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥6.02	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥5.07	2025-01-01 → 2025-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥24.92	2024-01-01 → 2024-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥0.91	2023-01-01 → 2023-12-31^v	Standalone	Diluted earnings per share (5-year summary)
Dividend per share	¥10	2025-01-01 → 2025-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥9	2024-01-01 → 2024-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥18	2023-01-01 → 2023-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥18	2022-01-01 → 2022-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥21.5	2021-01-01 → 2021-12-31^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥69.66	at 2025-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥65.69	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥42.31	at 2023-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥43.19	at 2022-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥43.72	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	27.6%	at 2025-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	30.5%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	22.6%	at 2023-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	25.5%	at 2022-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	44.5%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	7.6%	2025-01-01 → 2025-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	46.4%	2024-01-01 → 2024-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	2.1%	2023-01-01 → 2023-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	3.6%	2022-01-01 → 2022-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	14.3%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	6,052,520	at 2025-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	6,020,000	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	2,987,000	at 2023-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	2,976,000	at 2022-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	2,967,000	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	106	at 2025-12-31	Standalone	Number of employees
Employees	103	at 2024-12-31	Standalone	Number of employees
Employees	91	at 2023-12-31^v	Standalone	Number of employees
Employees	103	at 2022-12-31^v	Standalone	Number of employees
Employees	94	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.

Segments · 1

Segment	Item	Period	Value
Original Products Planning And Sales Businessreportable segment	employees	at 2025-12-31	136 pure

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

All source rows · 1,463

Item	Context	Value	Unit
Net changes of items other than shareholders equity	Prior1YearDuration_SubscriptionRightsToSharesMember	4460000	JPY
Net changes of items other than shareholders equity	Prior1YearDuration_NonControllingInterestsMember	-4399000	JPY
Net changes of items other than shareholders equity	Prior1YearDuration	545000	JPY
Total changes of items during the period	Prior1YearDuration_ForeignCurrencyTranslationAdjustmentMember	485000	JPY
Total changes of items during the period	Prior1YearDuration_ValuationAndTranslationAdjustmentsMember	485000	JPY
Total changes of items during the period	Prior1YearDuration_SubscriptionRightsToSharesMember	4460000	JPY
Total changes of items during the period	Prior1YearDuration_NonControllingInterestsMember	-4399000	JPY
Total changes of items during the period	Prior1YearDuration	-65250000	JPY
Net assets	Prior1YearInstant_ForeignCurrencyTranslationAdjustmentMember	3534000	JPY
Net assets	Prior1YearInstant_ValuationAndTranslationAdjustmentsMember	3534000	JPY
Net assets	Prior1YearInstant_SubscriptionRightsToSharesMember	7433000	JPY
Net assets	Prior1YearInstant_NonControllingInterestsMember	－	JPY
Net assets	Prior1YearInstant	1572058000	JPY
Net assets	Prior1YearInstant_CapitalStockMember	207789000	JPY
Net assets	Prior1YearInstant_CapitalSurplusMember	392300000	JPY
Net assets	Prior1YearInstant_RetainedEarningsMember	978169000	JPY
Net assets	Prior1YearInstant_TreasuryStockMember	-17167000	JPY
Net assets	Prior1YearInstant_ShareholdersEquityMember	1561091000	JPY
Issuance of new shares	CurrentYearDuration_CapitalStockMember	7812000	JPY
Issuance of new shares	CurrentYearDuration_CapitalSurplusMember	7812000	JPY
Issuance of new shares	CurrentYearDuration_RetainedEarningsMember	－	JPY
Issuance of new shares	CurrentYearDuration_TreasuryStockMember	－	JPY
Issuance of new shares	CurrentYearDuration_ShareholdersEquityMember	15625000	JPY
Dividends from surplus	CurrentYearDuration_CapitalStockMember	－	JPY
Dividends from surplus	CurrentYearDuration_CapitalSurplusMember	－	JPY
Dividends from surplus	CurrentYearDuration_RetainedEarningsMember	-53802000	JPY
Dividends from surplus	CurrentYearDuration_TreasuryStockMember	－	JPY
Dividends from surplus	CurrentYearDuration_ShareholdersEquityMember	-53802000	JPY
Profit loss attributable to owners of parent	CurrentYearDuration_CapitalStockMember	－	JPY
Profit loss attributable to owners of parent	CurrentYearDuration_CapitalSurplusMember	－	JPY
Profit loss attributable to owners of parent	CurrentYearDuration_RetainedEarningsMember	46331000	JPY
Profit loss attributable to owners of parent	CurrentYearDuration_TreasuryStockMember	－	JPY
Profit loss attributable to owners of parent	CurrentYearDuration_ShareholdersEquityMember	46331000	JPY
Increase decrease by merger	CurrentYearDuration_CapitalStockMember	－	JPY
Increase decrease by merger	CurrentYearDuration_CapitalSurplusMember	-4799000	JPY
Increase decrease by merger	CurrentYearDuration_RetainedEarningsMember	1405000	JPY
Increase decrease by merger	CurrentYearDuration_TreasuryStockMember	－	JPY
Increase decrease by merger	CurrentYearDuration_ShareholdersEquityMember	-3393000	JPY
Purchase of treasury stock	CurrentYearDuration_CapitalStockMember	－	JPY
Purchase of treasury stock	CurrentYearDuration_CapitalSurplusMember	－	JPY
Purchase of treasury stock	CurrentYearDuration_RetainedEarningsMember	－	JPY
Purchase of treasury stock	CurrentYearDuration_TreasuryStockMember	-49000	JPY
Purchase of treasury stock	CurrentYearDuration_ShareholdersEquityMember	-49000	JPY
Disposal of treasury stock	CurrentYearDuration_CapitalStockMember	－	JPY
Disposal of treasury stock	CurrentYearDuration_CapitalSurplusMember	13314000	JPY
Disposal of treasury stock	CurrentYearDuration_RetainedEarningsMember	－	JPY
Disposal of treasury stock	CurrentYearDuration_TreasuryStockMember	5847000	JPY
Disposal of treasury stock	CurrentYearDuration_ShareholdersEquityMember	19162000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_CapitalStockMember	－	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_CapitalSurplusMember	－	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 rounding
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 rounding
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