Annual report

Period2024-01-01 → 2024-12-31

Filed2025-03-27

StandardIFRS

ConsolidatedYes

Data checks19 of 19 passed

Key figures · 134

Metric	Value	Period	Scope	Source row
Revenue	¥50.7bn	2024-01-01 → 2024-12-31	Cons.	Revenue IFRS
Revenue	¥33.5bn	2023-01-01 → 2023-12-31	Cons.	Revenue IFRS
Revenue	¥24.8bn	2022-01-01 → 2022-12-31^d	Cons.	Revenue IFRS (5-year summary)
Revenue	¥19.3bn	2021-01-01 → 2021-12-31^d	Cons.	Revenue IFRS (5-year summary)
Revenue	¥11.1bn	2020-01-01 → 2020-12-31^d	Cons.	Revenue IFRS (5-year summary)
Operating income	¥2.6bn	2024-01-01 → 2024-12-31	Cons.	Operating profit loss IFRS
Operating income	¥747m	2023-01-01 → 2023-12-31	Cons.	Operating profit loss IFRS
Profit before tax	¥2.5bn	2024-01-01 → 2024-12-31	Cons.	Profit loss before tax IFRS
Profit before tax	¥628m	2023-01-01 → 2023-12-31	Cons.	Profit loss before tax IFRS
Profit before tax	¥326m	2022-01-01 → 2022-12-31^d	Cons.	Profit loss before tax IFRS (5-year summary)
Profit before tax	−¥538m	2021-01-01 → 2021-12-31^d	Cons.	Profit loss before tax IFRS (5-year summary)
Profit before tax	−¥1.0bn	2020-01-01 → 2020-12-31^d	Cons.	Profit loss before tax IFRS (5-year summary)
Net income (owners)	¥2.3bn	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent IFRS
Net income (owners)	¥559m	2023-01-01 → 2023-12-31	Cons.	Profit loss attributable to owners of parent IFRS
Net income (owners)	¥239m	2022-01-01 → 2022-12-31^d	Cons.	Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)	−¥809m	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)	−¥1.2bn	2020-01-01 → 2020-12-31^d	Cons.	Profit loss attributable to owners of parent IFRS (5-year summary)
Net income	¥2.4bn	2024-01-01 → 2024-12-31	Cons.	Profit loss IFRS
Net income	¥562m	2023-01-01 → 2023-12-31	Cons.	Profit loss IFRS
Total assets	¥34.2bn	at 2024-12-31	Cons.	Assets IFRS
Total assets	¥23.3bn	at 2023-12-31	Cons.	Assets IFRS
Total assets	¥18.8bn	at 2022-12-31^d	Cons.	Total assets IFRS (5-year summary)
Total assets	¥13.4bn	at 2021-12-31^d	Cons.	Total assets IFRS (5-year summary)
Total assets	¥11.5bn	at 2020-12-31^d	Cons.	Total assets IFRS (5-year summary)
Total liabilities	¥17.4bn	at 2024-12-31	Cons.	Liabilities IFRS
Total liabilities	¥9.7bn	at 2023-12-31	Cons.	Liabilities IFRS
Net assets / equity	¥16.7bn	at 2024-12-31	Cons.	Equity IFRS
Net assets / equity	¥13.6bn	at 2023-12-31	Cons.	Equity IFRS
Net assets / equity	¥11.5bn	at 2022-12-31^d	Cons.	Equity IFRS
Equity (owners)	¥16.6bn	at 2024-12-31	Cons.	Equity attributable to owners of parent IFRS
Equity (owners)	¥13.5bn	at 2023-12-31	Cons.	Equity attributable to owners of parent IFRS
Equity (owners)	¥11.4bn	at 2022-12-31^d	Cons.	Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)	¥7.1bn	at 2021-12-31^d	Cons.	Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)	−¥492m	at 2020-12-31^d	Cons.	Equity attributable to owners of parent IFRS (5-year summary)
Cash & equivalents	¥9.7bn	at 2024-12-31	Cons.	Cash and cash equivalents IFRS
Cash & equivalents	¥6.3bn	at 2023-12-31	Cons.	Cash and cash equivalents IFRS
Cash & equivalents	¥6.1bn	at 2022-12-31^d	Cons.	Cash and cash equivalents IFRS
Cash & equivalents	¥3.5bn	at 2021-12-31^d	Cons.	Cash and cash equivalents IFRS (5-year summary)
Cash & equivalents	¥4.3bn	at 2020-12-31^d	Cons.	Cash and cash equivalents IFRS (5-year summary)
Operating cash flow	¥2.4bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities IFRS
Operating cash flow	¥1.0bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in operating activities IFRS
Operating cash flow	−¥702m	2022-01-01 → 2022-12-31^d	Cons.	Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow	−¥252m	2021-01-01 → 2021-12-31^d	Cons.	Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow	¥5m	2020-01-01 → 2020-12-31^d	Cons.	Cash flows from used in operating activities IFRS (5-year summary)
Investing cash flow	−¥1.3bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investing activities IFRS
Investing cash flow	−¥1.3bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in investing activities IFRS
Investing cash flow	−¥102m	2022-01-01 → 2022-12-31^d	Cons.	Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow	−¥118m	2021-01-01 → 2021-12-31^d	Cons.	Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow	−¥725m	2020-01-01 → 2020-12-31^d	Cons.	Cash flows from used in investing activities IFRS (5-year summary)
Financing cash flow	¥2.1bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities IFRS
Financing cash flow	¥204m	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in financing activities IFRS
Financing cash flow	¥3.3bn	2022-01-01 → 2022-12-31^d	Cons.	Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow	−¥741m	2021-01-01 → 2021-12-31^d	Cons.	Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow	¥2.3bn	2020-01-01 → 2020-12-31^d	Cons.	Cash flows from used in financing activities IFRS (5-year summary)
EPS (basic)	¥39.52	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share IFRS
EPS (basic)	¥9.73	2023-01-01 → 2023-12-31	Cons.	Basic earnings loss per share IFRS
EPS (basic)	¥4.46	2022-01-01 → 2022-12-31^d	Cons.	Basic earnings loss per share IFRS (5-year summary)
EPS (basic)	¥-20.08	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share IFRS (5-year summary)
EPS (basic)	¥-36.87	2020-01-01 → 2020-12-31^d	Cons.	Basic earnings loss per share IFRS (5-year summary)
EPS (diluted)	¥37.37	2024-01-01 → 2024-12-31	Cons.	Diluted earnings loss per share IFRS
EPS (diluted)	¥8.96	2023-01-01 → 2023-12-31	Cons.	Diluted earnings loss per share IFRS
EPS (diluted)	¥4.03	2022-01-01 → 2022-12-31^d	Cons.	Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)	¥-20.08	2021-01-01 → 2021-12-31^d	Cons.	Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)	¥-36.87	2020-01-01 → 2020-12-31^d	Cons.	Diluted earnings loss per share IFRS (5-year summary)
Net assets per share	¥277.18	at 2024-12-31	Cons.	Equity to asset ratio IFRS (5-year summary)
Net assets per share	¥231.67	at 2023-12-31	Cons.	Equity to asset ratio IFRS (5-year summary)
Net assets per share	¥202.28	at 2022-12-31^d	Cons.	Equity to asset ratio IFRS (5-year summary)
Net assets per share	¥138.27	at 2021-12-31^d	Cons.	Equity to asset ratio IFRS (5-year summary)
Net assets per share	¥-15.42	at 2020-12-31^d	Cons.	Equity to asset ratio IFRS (5-year summary)
Equity ratio	48.6%	at 2024-12-31	Cons.	Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio	58.1%	at 2023-12-31	Cons.	Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio	60.7%	at 2022-12-31^d	Cons.	Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio	53.2%	at 2021-12-31^d	Cons.	Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio	-4.3%	at 2020-12-31^d	Cons.	Ratio of owners equity to gross assets IFRS (5-year summary)
ROE	15.5%	2024-01-01 → 2024-12-31	Cons.	Rate of return on equity IFRS (5-year summary)
ROE	4.5%	2023-01-01 → 2023-12-31	Cons.	Rate of return on equity IFRS (5-year summary)
ROE	2.6%	2022-01-01 → 2022-12-31^d	Cons.	Rate of return on equity IFRS (5-year summary)
Employees	1,941	at 2024-12-31	Cons.	Number of employees
Employees	1,590	at 2023-12-31	Cons.	Number of employees
Employees	1,312	at 2022-12-31^d	Cons.	Number of employees
Employees	1,052	at 2021-12-31^d	Cons.	Number of employees
Employees	781	at 2020-12-31^d	Cons.	Number of employees
Operating income	−¥599m	2024-01-01 → 2024-12-31	Standalone	Operating income
Operating income	−¥442m	2023-01-01 → 2023-12-31	Standalone	Operating income
Ordinary income	−¥510m	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	−¥423m	2023-01-01 → 2023-12-31	Standalone	Ordinary income
Ordinary income	−¥40m	2022-01-01 → 2022-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥53m	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥131m	2020-01-01 → 2020-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	−¥1.8bn	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Profit before tax	−¥1.3bn	2023-01-01 → 2023-12-31	Standalone	Income before income taxes
Net income	−¥1.8bn	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	−¥1.3bn	2023-01-01 → 2023-12-31	Standalone	Profit loss
Net income	−¥2.0bn	2022-01-01 → 2022-12-31^d	Standalone	Net income loss (5-year summary)
Net income	−¥566m	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Net income	−¥598m	2020-01-01 → 2020-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥6.0bn	at 2024-12-31	Standalone	Assets
Total assets	¥5.0bn	at 2023-12-31	Standalone	Assets
Total assets	¥5.0bn	at 2022-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥3.1bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥3.1bn	at 2020-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥3.0bn	at 2024-12-31	Standalone	Liabilities
Total liabilities	¥430m	at 2023-12-31	Standalone	Liabilities
Net assets / equity	¥3.0bn	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥4.6bn	at 2023-12-31	Standalone	Net assets
Net assets / equity	¥4.9bn	at 2022-12-31^d	Standalone	Net assets
Net assets / equity	¥2.7bn	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥3.1bn	at 2020-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥2.8bn	at 2024-12-31	Standalone	Cash and deposits
Cash and deposits	¥2.3bn	at 2023-12-31	Standalone	Cash and deposits
EPS (basic)	¥-30.1	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-22.6	2023-01-01 → 2023-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-36.49	2022-01-01 → 2022-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-14.04	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-19.16	2020-01-01 → 2020-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
Net assets per share	¥47.97	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥76.56	at 2023-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥85.4	at 2022-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥53.1	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥96.91	at 2020-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	48.1%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	88.9%	at 2023-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	95.1%	at 2022-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	89.0%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	98.9%	at 2020-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Shares issued	59,855,350	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	58,323,400	at 2023-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	56,100,900	at 2022-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	51,568,800	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	53,264	at 2020-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	8	at 2024-12-31	Standalone	Number of employees
Employees	7	at 2023-12-31	Standalone	Number of employees
Employees	8	at 2022-12-31^d	Standalone	Number of employees
Employees	7	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
Internet Related Businessreportable segment	employees	at 2024-12-31	1941 pure

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

All source rows · 1,428

Item	Context	Value	Unit
Buildings and accompanying facilities IFRS	CurrentYearInstant	401000000	JPY
Furniture and fixtures IFRS	CurrentYearInstant	323000000	JPY
Other components of property plant and equipment IFRS	CurrentYearInstant	3000000	JPY
Property plant and equipment IFRS	CurrentYearInstant	728000000	JPY
Goodwill acquisition cost IFRS	Prior1YearInstant	2495000000	JPY
Software acquisition cost IFRS	Prior1YearInstant	113000000	JPY
Customer related assets acquisition cost IFRS	Prior1YearInstant	1565000000	JPY
Other components of intangible assets acquisition cost IFRS	Prior1YearInstant	2000000	JPY
Intangible assets acquisition cost IFRS	Prior1YearInstant	1680000000	JPY
Goodwill acquisition cost IFRS	CurrentYearInstant	2863000000	JPY
Software acquisition cost IFRS	CurrentYearInstant	164000000	JPY
Customer related assets acquisition cost IFRS	CurrentYearInstant	1704000000	JPY
Other components of intangible assets acquisition cost IFRS	CurrentYearInstant	11000000	JPY
Intangible assets acquisition cost IFRS	CurrentYearInstant	1880000000	JPY
Goodwill accumulated impairment losses IFRS	Prior1YearInstant	－	JPY
Software accumulated amortization and impairment losses IFRS	Prior1YearInstant	-111000000	JPY
Customer related assets accumulated amortization and impairment losses IFRS	Prior1YearInstant	-784000000	JPY
Other components of intangible assets accumulated amortization and impairment losses IFRS	Prior1YearInstant	－	JPY
Intangible assets accumulated amortization and impairment losses IFRS	Prior1YearInstant	-895000000	JPY
Goodwill accumulated impairment losses IFRS	CurrentYearInstant	－	JPY
Software accumulated amortization and impairment losses IFRS	CurrentYearInstant	-131000000	JPY
Customer related assets accumulated amortization and impairment losses IFRS	CurrentYearInstant	-1043000000	JPY
Other components of intangible assets accumulated amortization and impairment losses IFRS	CurrentYearInstant	－	JPY
Intangible assets accumulated amortization and impairment losses IFRS	CurrentYearInstant	-1175000000	JPY
Goodwill IFRS	Prior1YearInstant	2495000000	JPY
Software IFRS	Prior1YearInstant	2000000	JPY
Customer related assets IFRS	Prior1YearInstant	780000000	JPY
Other components of intangible assets IFRS	Prior1YearInstant	2000000	JPY
Intangible assets IFRS	Prior1YearInstant	784000000	JPY
Goodwill IFRS	CurrentYearInstant	2863000000	JPY
Software IFRS	CurrentYearInstant	32000000	JPY
Customer related assets IFRS	CurrentYearInstant	661000000	JPY
Other components of intangible assets IFRS	CurrentYearInstant	10000000	JPY
Intangible assets IFRS	CurrentYearInstant	704000000	JPY
Government grant income IFRS	Prior1YearDuration	14000000	JPY
Government grant income IFRS	CurrentYearDuration	13000000	JPY
Other other income IFRS	Prior1YearDuration	51000000	JPY
Other other income IFRS	CurrentYearDuration	76000000	JPY
Other income IFRS	Prior1YearDuration	66000000	JPY
Other income IFRS	CurrentYearDuration	90000000	JPY
Cost of services provided operating expenses IFRS	Prior1YearDuration	18854000000	JPY
Cost of services provided operating expenses IFRS	CurrentYearDuration	25865000000	JPY
Cost of goods sold IFRS	Prior1YearDuration	1907000000	JPY
Cost of goods sold IFRS	CurrentYearDuration	6091000000	JPY
Employee benefit expenses operating expenses IFRS	Prior1YearDuration	6590000000	JPY
Employee benefit expenses operating expenses IFRS	CurrentYearDuration	8540000000	JPY
Commission expenses operating expenses IFRS	Prior1YearDuration	1200000000	JPY
Commission expenses operating expenses IFRS	CurrentYearDuration	1903000000	JPY
Depreciation and amortization operating expenses IFRS	Prior1YearDuration	1060000000	JPY
Depreciation and amortization operating expenses IFRS	CurrentYearDuration	1377000000	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 · 19 of 19 passed

balance sheet identity	consolidated 2023-12-31	pass
balance sheet identity	consolidated 2024-12-31	pass
balance sheet identity	non_consolidated 2023-12-31	pass
balance sheet identity	non_consolidated 2024-12-31	pass rounding
dei present		pass
period resolution		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 assets	non_consolidated 2024-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · operating cash flow	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · operating cash flow	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · revenue	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · total assets	consolidated 2023-12-31	pass
statement vs summary · total assets	consolidated 2024-12-31	pass
statement vs summary · total assets	non_consolidated 2023-12-31	pass
statement vs summary · total assets	non_consolidated 2024-12-31	pass