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	CurrentYearDuration_SubscriptionRightsToSharesMember	-1824000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_NonControllingInterestsMember	－	JPY
Net changes of items other than shareholders equity	CurrentYearDuration	-3066000	JPY
Total changes of items during the period	CurrentYearDuration_ForeignCurrencyTranslationAdjustmentMember	-1242000	JPY
Total changes of items during the period	CurrentYearDuration_ValuationAndTranslationAdjustmentsMember	-1242000	JPY
Total changes of items during the period	CurrentYearDuration_SubscriptionRightsToSharesMember	-1824000	JPY
Total changes of items during the period	CurrentYearDuration_NonControllingInterestsMember	－	JPY
Total changes of items during the period	CurrentYearDuration	20807000	JPY
Net assets	CurrentYearInstant_ForeignCurrencyTranslationAdjustmentMember	2292000	JPY
Net assets	CurrentYearInstant_ValuationAndTranslationAdjustmentsMember	2292000	JPY
Net assets	CurrentYearInstant_SubscriptionRightsToSharesMember	5609000	JPY
Net assets	CurrentYearInstant_NonControllingInterestsMember	－	JPY
Net assets	CurrentYearInstant	1592866000	JPY
Income before income taxes	Prior1YearDuration	50970000	JPY
Income before income taxes	CurrentYearDuration	42444000	JPY
Depreciation and amortization ope cf	Prior1YearDuration	86123000	JPY
Depreciation and amortization ope cf	CurrentYearDuration	137323000	JPY
Amortization of goodwill ope cf	Prior1YearDuration	93519000	JPY
Amortization of goodwill ope cf	CurrentYearDuration	102315000	JPY
Increase decrease in allowance for doubtful accounts ope cf	Prior1YearDuration	27615000	JPY
Increase decrease in allowance for doubtful accounts ope cf	CurrentYearDuration	151615000	JPY
Increase decrease in provision for product warranties ope cf	Prior1YearDuration	-1100000	JPY
Increase decrease in provision for product warranties ope cf	CurrentYearDuration	-100000	JPY
Interest and dividends income ope cf	Prior1YearDuration	-321000	JPY
Interest and dividends income ope cf	CurrentYearDuration	-1473000	JPY
Interest expenses ope cf	Prior1YearDuration	29290000	JPY
Interest expenses ope cf	CurrentYearDuration	46888000	JPY
Guarantee fee ope cf	Prior1YearDuration	6163000	JPY
Guarantee fee ope cf	CurrentYearDuration	6302000	JPY
Decrease increase in notes and accounts receivable trade ope cf	Prior1YearDuration	-530026000	JPY
Decrease increase in notes and accounts receivable trade ope cf	CurrentYearDuration	-756677000	JPY
Decrease increase in inventories ope cf	Prior1YearDuration	-509194000	JPY
Decrease increase in inventories ope cf	CurrentYearDuration	-547812000	JPY
Decrease increase in other current assets ope cf	Prior1YearDuration	240152000	JPY
Decrease increase in other current assets ope cf	CurrentYearDuration	33034000	JPY
Decrease increase in other noncurrent assets ope cf	Prior1YearDuration	61532000	JPY
Decrease increase in other noncurrent assets ope cf	CurrentYearDuration	-8941000	JPY
Increase decrease in notes and accounts payable trade ope cf	Prior1YearDuration	-198378000	JPY
Increase decrease in notes and accounts payable trade ope cf	CurrentYearDuration	450538000	JPY
Increase decrease in contract liabilities ope cf	Prior1YearDuration	5045000	JPY
Increase decrease in contract liabilities ope cf	CurrentYearDuration	10216000	JPY
Increase decrease in other current liabilities ope cf	Prior1YearDuration	104743000	JPY
Increase decrease in other current liabilities ope cf	CurrentYearDuration	218089000	JPY
Increase decrease in long term accounts payable other ope cf	Prior1YearDuration	3800000	JPY
Increase decrease in long term accounts payable other ope cf	CurrentYearDuration	-3800000	JPY
Other net ope cf	Prior1YearDuration	11462000	JPY
Other net ope cf	CurrentYearDuration	18242000	JPY
Subtotal ope cf	Prior1YearDuration	-518600000	JPY
Subtotal ope cf	CurrentYearDuration	-101792000	JPY
Interest and dividends income received ope cf inv cf	Prior1YearDuration	321000	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