Annual report

Period2025-01-01 → 2025-12-31

Filed2026-03-24

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 148

Metric	Value	Period	Scope	Source row
Revenue	¥31.9bn	2025-01-01 → 2025-12-31	Cons.	Net sales
Revenue	¥29.8bn	2024-01-01 → 2024-12-31	Cons.	Net sales
Revenue	¥29.0bn	2023-01-01 → 2023-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥27.0bn	2022-01-01 → 2022-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥22.7bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥3.5bn	2025-01-01 → 2025-12-31	Cons.	Operating income
Operating income	¥3.1bn	2024-01-01 → 2024-12-31	Cons.	Operating income
Ordinary income	¥3.6bn	2025-01-01 → 2025-12-31	Cons.	Ordinary income
Ordinary income	¥3.2bn	2024-01-01 → 2024-12-31	Cons.	Ordinary income
Ordinary income	¥3.8bn	2023-01-01 → 2023-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥3.4bn	2022-01-01 → 2022-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥2.0bn	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥3.5bn	2025-01-01 → 2025-12-31	Cons.	Income before income taxes
Profit before tax	¥3.2bn	2024-01-01 → 2024-12-31	Cons.	Income before income taxes
Net income (owners)	¥2.3bn	2025-01-01 → 2025-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥2.1bn	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥2.5bn	2023-01-01 → 2023-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥2.3bn	2022-01-01 → 2022-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥1.5bn	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥2.5bn	2025-01-01 → 2025-12-31	Cons.	Profit loss
Net income	¥2.2bn	2024-01-01 → 2024-12-31	Cons.	Profit loss
Total assets	¥37.3bn	at 2025-12-31	Cons.	Assets
Total assets	¥34.7bn	at 2024-12-31	Cons.	Assets
Total assets	¥34.0bn	at 2023-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥31.0bn	at 2022-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥28.3bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥17.4bn	at 2025-12-31	Cons.	Liabilities
Total liabilities	¥17.6bn	at 2024-12-31	Cons.	Liabilities
Net assets / equity	¥20.0bn	at 2025-12-31	Cons.	Net assets
Net assets / equity	¥17.1bn	at 2024-12-31	Cons.	Net assets
Net assets / equity	¥14.9bn	at 2023-12-31^v	Cons.	Net assets
Net assets / equity	¥11.9bn	at 2022-12-31^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥9.1bn	at 2021-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥5.3bn	at 2025-12-31	Cons.	Cash and deposits
Cash and deposits	¥4.8bn	at 2024-12-31	Cons.	Cash and deposits
Cash & equivalents	¥4.5bn	at 2025-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥4.5bn	at 2024-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥3.7bn	at 2023-12-31^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥3.4bn	at 2022-12-31^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥3.5bn	at 2021-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥4.9bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥3.8bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥1.8bn	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥1.4bn	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥3.6bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥1.5bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥555m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥585m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥569m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	¥221m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥3.3bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥2.5bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥1.1bn	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥1.0bn	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥3.9bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥230.39	2025-01-01 → 2025-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥201.86	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥236.45	2023-01-01 → 2023-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥214.12	2022-01-01 → 2022-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥135.36	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥1,864.98	at 2025-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,566.12	at 2024-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,350.69	at 2023-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,043.37	at 2022-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥784.57	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	50.4%	at 2025-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	46.0%	at 2024-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	40.9%	at 2023-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	35.6%	at 2022-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	29.2%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	13.4%	2025-01-01 → 2025-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	13.9%	2024-01-01 → 2024-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	20.0%	2023-01-01 → 2023-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	23.4%	2022-01-01 → 2022-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	19.2%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	596	at 2025-12-31	Cons.	Number of employees
Employees	601	at 2024-12-31	Cons.	Number of employees
Employees	585	at 2023-12-31^v	Cons.	Number of employees
Employees	576	at 2022-12-31^v	Cons.	Number of employees
Employees	556	at 2021-12-31^d	Cons.	Number of employees
Revenue	¥16.3bn	2025-01-01 → 2025-12-31	Standalone	Net sales
Revenue	¥15.3bn	2024-01-01 → 2024-12-31	Standalone	Net sales
Revenue	¥15.9bn	2023-01-01 → 2023-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥15.4bn	2022-01-01 → 2022-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥12.8bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥1.8bn	2025-01-01 → 2025-12-31	Standalone	Operating income
Operating income	¥1.7bn	2024-01-01 → 2024-12-31	Standalone	Operating income
Ordinary income	¥2.6bn	2025-01-01 → 2025-12-31	Standalone	Ordinary income
Ordinary income	¥2.3bn	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	¥3.2bn	2023-01-01 → 2023-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥2.8bn	2022-01-01 → 2022-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥1.3bn	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥2.5bn	2025-01-01 → 2025-12-31	Standalone	Income before income taxes
Profit before tax	¥2.2bn	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Net income	¥1.8bn	2025-01-01 → 2025-12-31	Standalone	Profit loss
Net income	¥1.8bn	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	¥2.4bn	2023-01-01 → 2023-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥2.2bn	2022-01-01 → 2022-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥1.2bn	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥26.8bn	at 2025-12-31	Standalone	Assets
Total assets	¥26.1bn	at 2024-12-31	Standalone	Assets
Total assets	¥26.6bn	at 2023-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥25.1bn	at 2022-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥21.7bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥12.9bn	at 2025-12-31	Standalone	Liabilities
Total liabilities	¥13.1bn	at 2024-12-31	Standalone	Liabilities
Net assets / equity	¥13.9bn	at 2025-12-31	Standalone	Net assets
Net assets / equity	¥13.0bn	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥11.9bn	at 2023-12-31^v	Standalone	Net assets
Net assets / equity	¥10.4bn	at 2022-12-31^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥8.5bn	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥1.3bn	at 2025-12-31	Standalone	Cash and deposits
Cash and deposits	¥1.4bn	at 2024-12-31	Standalone	Cash and deposits
EPS (basic)	¥182.51	2025-01-01 → 2025-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥179.09	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥231.19	2023-01-01 → 2023-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥203.99	2022-01-01 → 2022-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥115.53	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
Dividend per share	¥60	2025-01-01 → 2025-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥55	2024-01-01 → 2024-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥55	2023-01-01 → 2023-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥45	2022-01-01 → 2022-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥45	2021-01-01 → 2021-12-31^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥1,374.04	at 2025-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,277.86	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,157.63	at 2023-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥987.32	at 2022-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥806.45	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	51.8%	at 2025-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	49.9%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	44.8%	at 2023-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	41.6%	at 2022-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	39.2%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	13.7%	2025-01-01 → 2025-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	14.8%	2024-01-01 → 2024-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	21.8%	2023-01-01 → 2023-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	22.8%	2022-01-01 → 2022-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	15.3%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	11,072,000	at 2025-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	11,072,000	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	11,072,000	at 2023-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	11,072,000	at 2022-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	5,536,000	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	170	at 2025-12-31	Standalone	Number of employees
Employees	168	at 2024-12-31	Standalone	Number of employees
Employees	174	at 2023-12-31^v	Standalone	Number of employees
Employees	164	at 2022-12-31^v	Standalone	Number of employees
Employees	154	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 · 1,433

Item	Context	Value	Unit
Accounts payable other	Prior1YearInstant	746000000	JPY
Accounts payable other	CurrentYearInstant	1312000000	JPY
Income taxes payable	Prior1YearInstant	283000000	JPY
Income taxes payable	CurrentYearInstant	490000000	JPY
Provision for bonuses	Prior1YearInstant	39000000	JPY
Provision for bonuses	CurrentYearInstant	35000000	JPY
Provision for loss on compensation for damages	Prior1YearInstant	27000000	JPY
Provision for loss on compensation for damages	CurrentYearInstant	31000000	JPY
Refund liability	Prior1YearInstant	109000000	JPY
Refund liability	CurrentYearInstant	138000000	JPY
Other cl	Prior1YearInstant	1555000000	JPY
Other cl	CurrentYearInstant	1712000000	JPY
Current liabilities	Prior1YearInstant	13533000000	JPY
Current liabilities	CurrentYearInstant	14561000000	JPY
Long term loans payable	Prior1YearInstant	2447000000	JPY
Long term loans payable	CurrentYearInstant	1390000000	JPY
Net defined benefit liability	Prior1YearInstant	240000000	JPY
Net defined benefit liability	CurrentYearInstant	62000000	JPY
Deferred tax liabilities	Prior1YearInstant	906000000	JPY
Deferred tax liabilities	CurrentYearInstant	920000000	JPY
Other ncl	Prior1YearInstant	430000000	JPY
Other ncl	CurrentYearInstant	417000000	JPY
Noncurrent liabilities	Prior1YearInstant	4025000000	JPY
Noncurrent liabilities	CurrentYearInstant	2789000000	JPY
Liabilities	Prior1YearInstant	17559000000	JPY
Liabilities	CurrentYearInstant	17351000000	JPY
Capital stock	Prior1YearInstant	461000000	JPY
Capital stock	CurrentYearInstant	461000000	JPY
Capital surplus	Prior1YearInstant	2447000000	JPY
Capital surplus	CurrentYearInstant	2439000000	JPY
Retained earnings	Prior1YearInstant	11431000000	JPY
Retained earnings	CurrentYearInstant	12895000000	JPY
Treasury stock	Prior1YearInstant	-1193000000	JPY
Treasury stock	CurrentYearInstant	-1403000000	JPY
Shareholders equity	Prior1YearInstant	13147000000	JPY
Shareholders equity	CurrentYearInstant	14393000000	JPY
Valuation difference on available for sale securities	Prior1YearInstant	162000000	JPY
Valuation difference on available for sale securities	CurrentYearInstant	215000000	JPY
Foreign currency translation adjustment	Prior1YearInstant	2649000000	JPY
Foreign currency translation adjustment	CurrentYearInstant	4085000000	JPY
Remeasurements of defined benefit plans	Prior1YearInstant	-7000000	JPY
Remeasurements of defined benefit plans	CurrentYearInstant	117000000	JPY
Valuation and translation adjustments	Prior1YearInstant	2805000000	JPY
Valuation and translation adjustments	CurrentYearInstant	4417000000	JPY
Non controlling interests	Prior1YearInstant	1151000000	JPY
Non controlling interests	CurrentYearInstant	1145000000	JPY
Net assets	Prior1YearInstant	17104000000	JPY
Net assets	CurrentYearInstant	19956000000	JPY
Liabilities and net assets	Prior1YearInstant	34663000000	JPY
Liabilities and net assets	CurrentYearInstant	37308000000	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 rounding
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