Annual report

Period2023-01-01 → 2023-12-31

Filed2024-03-28

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 148

Metric	Value	Period	Scope	Source row
Revenue	¥15.7bn	2023-01-01 → 2023-12-31	Cons.	Net sales
Revenue	¥16.6bn	2022-01-01 → 2022-12-31	Cons.	Net sales
Revenue	¥15.1bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥15.2bn	2020-01-01 → 2020-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥14.6bn	2019-01-01 → 2019-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥1.4bn	2023-01-01 → 2023-12-31	Cons.	Operating income
Operating income	¥1.7bn	2022-01-01 → 2022-12-31	Cons.	Operating income
Ordinary income	¥1.1bn	2023-01-01 → 2023-12-31	Cons.	Ordinary income
Ordinary income	¥1.7bn	2022-01-01 → 2022-12-31	Cons.	Ordinary income
Ordinary income	¥1.3bn	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥1.2bn	2020-01-01 → 2020-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥1.3bn	2019-01-01 → 2019-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥1.3bn	2023-01-01 → 2023-12-31	Cons.	Income before income taxes
Profit before tax	¥1.6bn	2022-01-01 → 2022-12-31	Cons.	Income before income taxes
Net income (owners)	¥606m	2023-01-01 → 2023-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥918m	2022-01-01 → 2022-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥366m	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥490m	2020-01-01 → 2020-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥967m	2019-01-01 → 2019-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥989m	2023-01-01 → 2023-12-31	Cons.	Profit loss
Net income	¥1.2bn	2022-01-01 → 2022-12-31	Cons.	Profit loss
Total assets	¥27.3bn	at 2023-12-31	Cons.	Assets
Total assets	¥28.1bn	at 2022-12-31	Cons.	Assets
Total assets	¥26.6bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥29.0bn	at 2020-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥30.2bn	at 2019-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥6.5bn	at 2023-12-31	Cons.	Liabilities
Total liabilities	¥7.3bn	at 2022-12-31	Cons.	Liabilities
Net assets / equity	¥20.7bn	at 2023-12-31	Cons.	Net assets
Net assets / equity	¥20.8bn	at 2022-12-31	Cons.	Net assets
Net assets / equity	¥19.9bn	at 2021-12-31^d	Cons.	Net assets
Net assets / equity	¥21.4bn	at 2020-12-31^d	Cons.	Net assets (5-year summary)
Net assets / equity	¥22.0bn	at 2019-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥10.4bn	at 2023-12-31	Cons.	Cash and deposits
Cash and deposits	¥11.1bn	at 2022-12-31	Cons.	Cash and deposits
Cash & equivalents	¥10.4bn	at 2023-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥11.1bn	at 2022-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥10.2bn	at 2021-12-31^d	Cons.	Cash and cash equivalents
Cash & equivalents	¥12.0bn	at 2020-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥12.5bn	at 2019-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥1.1bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥1.6bn	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥748m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥1.3bn	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥1.2bn	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥245m	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥114m	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥229m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥130m	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	¥298m	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥1.8bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥845m	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥2.5bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥1.9bn	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥877m	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥50.24	2023-01-01 → 2023-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥74.04	2022-01-01 → 2022-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥29.5	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥39.06	2020-01-01 → 2020-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥76.47	2019-01-01 → 2019-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥1,632.81	at 2023-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,600.46	at 2022-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,542.33	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,520.6	at 2020-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,495.96	at 2019-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	71.7%	at 2023-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	70.7%	at 2022-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	71.8%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	65.0%	at 2020-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	62.6%	at 2019-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	3.1%	2023-01-01 → 2023-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	4.7%	2022-01-01 → 2022-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	1.9%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	2.6%	2020-01-01 → 2020-12-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	5.2%	2019-01-01 → 2019-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	308	at 2023-12-31	Cons.	Number of employees
Employees	302	at 2022-12-31	Cons.	Number of employees
Employees	282	at 2021-12-31^d	Cons.	Number of employees
Employees	275	at 2020-12-31^d	Cons.	Number of employees
Employees	267	at 2019-12-31^d	Cons.	Number of employees
Revenue	¥13.1bn	2023-01-01 → 2023-12-31	Standalone	Net sales
Revenue	¥13.9bn	2022-01-01 → 2022-12-31	Standalone	Net sales
Revenue	¥12.7bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥12.9bn	2020-01-01 → 2020-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥12.3bn	2019-01-01 → 2019-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥614m	2023-01-01 → 2023-12-31	Standalone	Operating income
Operating income	¥695m	2022-01-01 → 2022-12-31	Standalone	Operating income
Ordinary income	¥768m	2023-01-01 → 2023-12-31	Standalone	Ordinary income
Ordinary income	¥1.0bn	2022-01-01 → 2022-12-31	Standalone	Ordinary income
Ordinary income	¥1.8bn	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥1.9bn	2020-01-01 → 2020-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥1.1bn	2019-01-01 → 2019-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥768m	2023-01-01 → 2023-12-31	Standalone	Income before income taxes
Profit before tax	¥1.0bn	2022-01-01 → 2022-12-31	Standalone	Income before income taxes
Net income	¥622m	2023-01-01 → 2023-12-31	Standalone	Profit loss
Net income	¥768m	2022-01-01 → 2022-12-31	Standalone	Profit loss
Net income	¥1.3bn	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥1.4bn	2020-01-01 → 2020-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥1.0bn	2019-01-01 → 2019-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥25.2bn	at 2023-12-31	Standalone	Assets
Total assets	¥25.9bn	at 2022-12-31	Standalone	Assets
Total assets	¥25.0bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥24.7bn	at 2020-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥24.6bn	at 2019-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥6.6bn	at 2023-12-31	Standalone	Liabilities
Total liabilities	¥6.8bn	at 2022-12-31	Standalone	Liabilities
Net assets / equity	¥18.6bn	at 2023-12-31	Standalone	Net assets
Net assets / equity	¥19.1bn	at 2022-12-31	Standalone	Net assets
Net assets / equity	¥18.6bn	at 2021-12-31^d	Standalone	Net assets
Net assets / equity	¥17.6bn	at 2020-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥16.8bn	at 2019-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥7.7bn	at 2023-12-31	Standalone	Cash and deposits
Cash and deposits	¥8.5bn	at 2022-12-31	Standalone	Cash and deposits
EPS (basic)	¥51.61	2023-01-01 → 2023-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥61.92	2022-01-01 → 2022-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥103.48	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥113.34	2020-01-01 → 2020-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥82.43	2019-01-01 → 2019-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
Dividend per share	¥32	2023-01-01 → 2023-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥30	2022-01-01 → 2022-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥22	2021-01-01 → 2021-12-31^d	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥22	2020-01-01 → 2020-12-31^d	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥22	2019-01-01 → 2019-12-31^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥1,552.64	at 2023-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,539	at 2022-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,498.4	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,416.62	at 2020-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,329.24	at 2019-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	73.7%	at 2023-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	73.8%	at 2022-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	74.2%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	71.0%	at 2020-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	68.4%	at 2019-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	3.3%	2023-01-01 → 2023-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	4.1%	2022-01-01 → 2022-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	7.1%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	8.3%	2020-01-01 → 2020-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	6.3%	2019-01-01 → 2019-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	13,404,862	at 2023-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	13,404,862	at 2022-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	13,404,862	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	13,404,862	at 2020-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	13,404,862	at 2019-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	299	at 2023-12-31	Standalone	Number of employees
Employees	294	at 2022-12-31	Standalone	Number of employees
Employees	275	at 2021-12-31^d	Standalone	Number of employees
Employees	267	at 2020-12-31^d	Standalone	Number of employees
Employees	257	at 2019-12-31^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
Agrochemical Manufacturing And Sales Businessreportable segment	employees	at 2023-12-31	308 pure

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

All source rows · 1,383

Item	Context	Value	Unit
Net changes of items other than shareholders equity	CurrentYearDuration_ForeignCurrencyTranslationAdjustmentMember	164427000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_RemeasurementsOfDefinedBenefitPlansMember	49763000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_ValuationAndTranslationAdjustmentsMember	225665000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_NonControllingInterestsMember	223659000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration	449324000	JPY
Total changes of items during the period	CurrentYearDuration_ValuationDifferenceOnAvailableForSaleSecuritiesMember	11474000	JPY
Total changes of items during the period	CurrentYearDuration_ForeignCurrencyTranslationAdjustmentMember	164427000	JPY
Total changes of items during the period	CurrentYearDuration_RemeasurementsOfDefinedBenefitPlansMember	49763000	JPY
Total changes of items during the period	CurrentYearDuration_ValuationAndTranslationAdjustmentsMember	225665000	JPY
Total changes of items during the period	CurrentYearDuration_NonControllingInterestsMember	223659000	JPY
Total changes of items during the period	CurrentYearDuration	-76054000	JPY
Net assets	CurrentYearInstant_ValuationDifferenceOnAvailableForSaleSecuritiesMember	60843000	JPY
Net assets	CurrentYearInstant_ForeignCurrencyTranslationAdjustmentMember	298734000	JPY
Net assets	CurrentYearInstant_RemeasurementsOfDefinedBenefitPlansMember	17314000	JPY
Net assets	CurrentYearInstant_ValuationAndTranslationAdjustmentsMember	376891000	JPY
Net assets	CurrentYearInstant_NonControllingInterestsMember	1165754000	JPY
Net assets	CurrentYearInstant	20712414000	JPY
Income before income taxes	Prior1YearDuration	1627671000	JPY
Income before income taxes	CurrentYearDuration	1331419000	JPY
Depreciation and amortization ope cf	Prior1YearDuration	635933000	JPY
Depreciation and amortization ope cf	CurrentYearDuration	538505000	JPY
Corporate attracting bounty ope cf	Prior1YearDuration	-21182000	JPY
Corporate attracting bounty ope cf	CurrentYearDuration	－	JPY
Insurance income ope cf	Prior1YearDuration	－	JPY
Insurance income ope cf	CurrentYearDuration	-36201000	JPY
Produnt compensation costs ope cf	Prior1YearDuration	－	JPY
Produnt compensation costs ope cf	CurrentYearDuration	350125000	JPY
Increase decrease in provision for bonuses ope cf	Prior1YearDuration	-52997000	JPY
Increase decrease in provision for bonuses ope cf	CurrentYearDuration	－	JPY
Increase decrease in net defined benefit liability ope cf	Prior1YearDuration	53503000	JPY
Increase decrease in net defined benefit liability ope cf	CurrentYearDuration	-81846000	JPY
Increase decrease in provision for share based remuneration for directors and other officers ope cf	Prior1YearDuration	32274000	JPY
Increase decrease in provision for share based remuneration for directors and other officers ope cf	CurrentYearDuration	33376000	JPY
Interest and dividends income ope cf	Prior1YearDuration	-3967000	JPY
Interest and dividends income ope cf	CurrentYearDuration	-4314000	JPY
Gain on forgiveness of debt ope cf	Prior1YearDuration	－	JPY
Gain on forgiveness of debt ope cf	CurrentYearDuration	-224405000	JPY
Interest expenses ope cf	Prior1YearDuration	10824000	JPY
Interest expenses ope cf	CurrentYearDuration	8247000	JPY
Foreign exchange losses gains ope cf	Prior1YearDuration	-46734000	JPY
Foreign exchange losses gains ope cf	CurrentYearDuration	-10400000	JPY
Decrease increase in notes and accounts receivable trade ope cf	Prior1YearDuration	-1239805000	JPY
Decrease increase in notes and accounts receivable trade ope cf	CurrentYearDuration	409772000	JPY
Decrease increase in inventories ope cf	Prior1YearDuration	-80633000	JPY
Decrease increase in inventories ope cf	CurrentYearDuration	-514894000	JPY
Decrease increase in other current assets ope cf	Prior1YearDuration	300079000	JPY
Decrease increase in other current assets ope cf	CurrentYearDuration	-44908000	JPY
Increase decrease in notes and accounts payable trade ope cf	Prior1YearDuration	367238000	JPY
Increase decrease in notes and accounts payable trade ope cf	CurrentYearDuration	-84761000	JPY
Increase decrease in other current liabilities ope cf	Prior1YearDuration	95305000	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 2022-12-31	pass rounding
balance sheet identity	consolidated 2023-12-31	pass rounding
balance sheet identity	non_consolidated 2022-12-31	pass rounding
balance sheet identity	non_consolidated 2023-12-31	pass rounding
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2021-12-31	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	non_consolidated 2021-12-31	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 income attributable to parent	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · operating cash flow	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · operating cash flow	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · revenue	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	non_consolidated 2022-01-01/2022-12-31	pass
statement vs summary · revenue	non_consolidated 2023-01-01/2023-12-31	pass
statement vs summary · total assets	consolidated 2022-12-31	pass
statement vs summary · total assets	consolidated 2023-12-31	pass
statement vs summary · total assets	non_consolidated 2022-12-31	pass
statement vs summary · total assets	non_consolidated 2023-12-31	pass