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
Deposits received	CurrentYearInstant_NonConsolidatedMember	56000000	JPY
Provision for bonuses	Prior1YearInstant_NonConsolidatedMember	33000000	JPY
Provision for bonuses	CurrentYearInstant_NonConsolidatedMember	28000000	JPY
Refund liability	Prior1YearInstant_NonConsolidatedMember	109000000	JPY
Refund liability	CurrentYearInstant_NonConsolidatedMember	95000000	JPY
Other cl	Prior1YearInstant_NonConsolidatedMember	124000000	JPY
Other cl	CurrentYearInstant_NonConsolidatedMember	110000000	JPY
Current liabilities	Prior1YearInstant_NonConsolidatedMember	10604000000	JPY
Current liabilities	CurrentYearInstant_NonConsolidatedMember	11493000000	JPY
Long term loans payable	Prior1YearInstant_NonConsolidatedMember	2365000000	JPY
Long term loans payable	CurrentYearInstant_NonConsolidatedMember	1299000000	JPY
Provision for retirement benefits	Prior1YearInstant_NonConsolidatedMember	119000000	JPY
Provision for retirement benefits	CurrentYearInstant_NonConsolidatedMember	107000000	JPY
Other ncl	Prior1YearInstant_NonConsolidatedMember	2000000	JPY
Other ncl	CurrentYearInstant_NonConsolidatedMember	2000000	JPY
Noncurrent liabilities	Prior1YearInstant_NonConsolidatedMember	2487000000	JPY
Noncurrent liabilities	CurrentYearInstant_NonConsolidatedMember	1409000000	JPY
Liabilities	Prior1YearInstant_NonConsolidatedMember	13091000000	JPY
Liabilities	CurrentYearInstant_NonConsolidatedMember	12902000000	JPY
Capital stock	Prior1YearInstant_NonConsolidatedMember	461000000	JPY
Capital stock	CurrentYearInstant_NonConsolidatedMember	461000000	JPY
Legal capital surplus	Prior1YearInstant_NonConsolidatedMember	504000000	JPY
Legal capital surplus	CurrentYearInstant_NonConsolidatedMember	504000000	JPY
Other capital surplus	Prior1YearInstant_NonConsolidatedMember	1942000000	JPY
Other capital surplus	CurrentYearInstant_NonConsolidatedMember	1961000000	JPY
Capital surplus	Prior1YearInstant_NonConsolidatedMember	2447000000	JPY
Capital surplus	CurrentYearInstant_NonConsolidatedMember	2466000000	JPY
Retained earnings brought forward	Prior1YearInstant_NonConsolidatedMember	11137000000	JPY
Retained earnings brought forward	CurrentYearInstant_NonConsolidatedMember	12119000000	JPY
Retained earnings	Prior1YearInstant_NonConsolidatedMember	11137000000	JPY
Retained earnings	CurrentYearInstant_NonConsolidatedMember	12119000000	JPY
Treasury stock	Prior1YearInstant_NonConsolidatedMember	-1193000000	JPY
Treasury stock	CurrentYearInstant_NonConsolidatedMember	-1403000000	JPY
Shareholders equity	Prior1YearInstant_NonConsolidatedMember	12854000000	JPY
Shareholders equity	CurrentYearInstant_NonConsolidatedMember	13644000000	JPY
Valuation difference on available for sale securities	Prior1YearInstant_NonConsolidatedMember	162000000	JPY
Valuation difference on available for sale securities	CurrentYearInstant_NonConsolidatedMember	215000000	JPY
Valuation and translation adjustments	Prior1YearInstant_NonConsolidatedMember	162000000	JPY
Valuation and translation adjustments	CurrentYearInstant_NonConsolidatedMember	215000000	JPY
Net assets	Prior1YearInstant_NonConsolidatedMember	13016000000	JPY
Net assets	CurrentYearInstant_NonConsolidatedMember	13859000000	JPY
Liabilities and net assets	Prior1YearInstant_NonConsolidatedMember	26108000000	JPY
Liabilities and net assets	CurrentYearInstant_NonConsolidatedMember	26762000000	JPY
Net sales	Prior1YearDuration_NonConsolidatedMember	15348000000	JPY
Net sales	CurrentYearDuration_NonConsolidatedMember	16303000000	JPY
Cost of sales	Prior1YearDuration_NonConsolidatedMember	8161000000	JPY
Cost of sales	CurrentYearDuration_NonConsolidatedMember	9009000000	JPY
Gross profit	Prior1YearDuration_NonConsolidatedMember	7187000000	JPY
Gross profit	CurrentYearDuration_NonConsolidatedMember	7293000000	JPY
Selling general and administrative expenses	Prior1YearDuration_NonConsolidatedMember	5492000000	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