Annual report

Period2025-01-01 → 2025-12-31

Filed2026-03-26

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 148

Metric	Value	Period	Scope	Source row
Revenue	¥311.4bn	2025-01-01 → 2025-12-31	Cons.	Net sales
Revenue	¥299.2bn	2024-01-01 → 2024-12-31	Cons.	Net sales
Revenue	¥280.0bn	2023-01-01 → 2023-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥324.6bn	2022-01-01 → 2022-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥292.0bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥34.1bn	2025-01-01 → 2025-12-31	Cons.	Operating income
Operating income	¥6.1bn	2024-01-01 → 2024-12-31	Cons.	Operating income
Ordinary income	¥37.7bn	2025-01-01 → 2025-12-31	Cons.	Ordinary income
Ordinary income	¥12.4bn	2024-01-01 → 2024-12-31	Cons.	Ordinary income
Ordinary income	−¥9.5bn	2023-01-01 → 2023-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥34.1bn	2022-01-01 → 2022-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥45.0bn	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥41.9bn	2025-01-01 → 2025-12-31	Cons.	Income before income taxes
Profit before tax	¥23.8bn	2024-01-01 → 2024-12-31	Cons.	Income before income taxes
Net income (owners)	¥29.6bn	2025-01-01 → 2025-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥12.1bn	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥26.2bn	2023-01-01 → 2023-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥28.2bn	2022-01-01 → 2022-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥27.9bn	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥30.1bn	2025-01-01 → 2025-12-31	Cons.	Profit loss
Net income	¥12.5bn	2024-01-01 → 2024-12-31	Cons.	Profit loss
Total assets	¥701.4bn	at 2025-12-31	Cons.	Assets
Total assets	¥695.2bn	at 2024-12-31	Cons.	Assets
Total assets	¥703.9bn	at 2023-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥747.9bn	at 2022-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥698.1bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥205.2bn	at 2025-12-31	Cons.	Liabilities
Total liabilities	¥207.6bn	at 2024-12-31	Cons.	Liabilities
Net assets / equity	¥496.2bn	at 2025-12-31	Cons.	Net assets
Net assets / equity	¥487.6bn	at 2024-12-31	Cons.	Net assets
Net assets / equity	¥490.1bn	at 2023-12-31^v	Cons.	Net assets
Net assets / equity	¥528.9bn	at 2022-12-31^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥499.7bn	at 2021-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥120.7bn	at 2025-12-31	Cons.	Cash and deposits
Cash and deposits	¥124.0bn	at 2024-12-31	Cons.	Cash and deposits
Cash & equivalents	¥120.3bn	at 2025-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥123.6bn	at 2024-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥75.1bn	at 2023-12-31^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥106.9bn	at 2022-12-31^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥134.7bn	at 2021-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥52.0bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥52.2bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥1.4bn	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥31.6bn	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥69.9bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥10.4bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	¥42.6bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥20.8bn	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥57.2bn	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥31.8bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥45.3bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥48.8bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥11.6bn	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥5.9bn	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥29.2bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥382.33	2025-01-01 → 2025-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥141.67	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-282.9	2023-01-01 → 2023-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥302.76	2022-01-01 → 2022-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥290.98	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥6,545.03	at 2025-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥5,996.61	at 2024-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥5,463.53	at 2023-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥5,635.52	at 2022-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥5,321.77	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	70.2%	at 2025-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	69.6%	at 2024-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	69.2%	at 2023-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	70.1%	at 2022-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	70.9%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	6.1%	2025-01-01 → 2025-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	2.5%	2024-01-01 → 2024-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	-5.2%	2023-01-01 → 2023-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	5.5%	2022-01-01 → 2022-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	5.8%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	5,218	at 2025-12-31	Cons.	Number of employees
Employees	5,498	at 2024-12-31	Cons.	Number of employees
Employees	5,578	at 2023-12-31^v	Cons.	Number of employees
Employees	6,349	at 2022-12-31^v	Cons.	Number of employees
Employees	6,251	at 2021-12-31^d	Cons.	Number of employees
Revenue	¥163.2bn	2025-01-01 → 2025-12-31	Standalone	Net sales
Revenue	¥139.4bn	2024-01-01 → 2024-12-31	Standalone	Net sales
Revenue	¥120.3bn	2023-01-01 → 2023-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥146.2bn	2022-01-01 → 2022-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥154.1bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥27.7bn	2025-01-01 → 2025-12-31	Standalone	Operating income
Operating income	¥2.9bn	2024-01-01 → 2024-12-31	Standalone	Operating income
Ordinary income	¥38.7bn	2025-01-01 → 2025-12-31	Standalone	Ordinary income
Ordinary income	¥14.7bn	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	−¥2.3bn	2023-01-01 → 2023-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥16.8bn	2022-01-01 → 2022-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥36.0bn	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥39.8bn	2025-01-01 → 2025-12-31	Standalone	Income before income taxes
Profit before tax	¥26.5bn	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Net income	¥31.5bn	2025-01-01 → 2025-12-31	Standalone	Profit loss
Net income	¥17.8bn	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	¥2.5bn	2023-01-01 → 2023-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥16.8bn	2022-01-01 → 2022-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥20.4bn	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥547.6bn	at 2025-12-31	Standalone	Assets
Total assets	¥538.4bn	at 2024-12-31	Standalone	Assets
Total assets	¥565.1bn	at 2023-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥576.6bn	at 2022-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥577.7bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥158.8bn	at 2025-12-31	Standalone	Liabilities
Total liabilities	¥150.9bn	at 2024-12-31	Standalone	Liabilities
Net assets / equity	¥388.8bn	at 2025-12-31	Standalone	Net assets
Net assets / equity	¥387.4bn	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥408.1bn	at 2023-12-31^v	Standalone	Net assets
Net assets / equity	¥426.2bn	at 2022-12-31^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥423.3bn	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥24.3bn	at 2025-12-31	Standalone	Cash and deposits
Cash and deposits	¥32.6bn	at 2024-12-31	Standalone	Cash and deposits
EPS (basic)	¥407.12	2025-01-01 → 2025-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥209.12	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥26.79	2023-01-01 → 2023-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥180.76	2022-01-01 → 2022-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥213.22	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
Dividend per share	¥150	2025-01-01 → 2025-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥130	2024-01-01 → 2024-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥120	2023-01-01 → 2023-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥120	2022-01-01 → 2022-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥110	2021-01-01 → 2021-12-31^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥5,168.49	at 2025-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥4,799.87	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥4,578.24	at 2023-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥4,580.68	at 2022-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥4,549.77	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	71.0%	at 2025-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	72.0%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	72.2%	at 2023-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	73.9%	at 2022-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	73.3%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	8.1%	2025-01-01 → 2025-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	4.5%	2024-01-01 → 2024-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	0.6%	2023-01-01 → 2023-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	4.0%	2022-01-01 → 2022-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	4.8%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	89,523,246	at 2025-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	99,523,246	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	99,523,246	at 2023-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	99,523,246	at 2022-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	99,523,246	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	1,778	at 2025-12-31	Standalone	Number of employees
Employees	1,746	at 2024-12-31	Standalone	Number of employees
Employees	1,713	at 2023-12-31^v	Standalone	Number of employees
Employees	1,687	at 2022-12-31^v	Standalone	Number of employees
Employees	1,682	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 · 1,602

Item	Context	Value
Metrics unit description of metrics related to policy on development of human resources and internal environment and targets and performance using such metrics	CurrentYearInstant_Row2Member	％
Metrics description of metrics related to policy on development of human resources and internal environment and targets and performance using such metrics	CurrentYearInstant_Row3Member	Original text (Japanese) 障害者雇用率
Metrics unit description of metrics related to policy on development of human resources and internal environment and targets and performance using such metrics	CurrentYearInstant_Row3Member	％
Business risks (text)	FilingDateInstant	Text · Plus
Management analysis of financial position operating results and cash flows (text)	FilingDateInstant	Text · Plus
Critical contracts (text)	FilingDateInstant	Text · Plus
Research and development activities (text)	FilingDateInstant	Text · Plus
Overview of capital expenditures etc (text)	FilingDateInstant	Text · Plus
Major facilities (text)	FilingDateInstant	Text · Plus
Planned additions retirements etc of facilities (text)	FilingDateInstant	Text · Plus
Total number of shares (text)	FilingDateInstant	Text · Plus
Issued shares total number of shares etc (text)	FilingDateInstant	Text · Plus
Class issued shares total number of shares etc	FilingDateInstant_OrdinaryShareMember	Original text (Japanese) 普通株式
Name of financial instruments exchange on which securities are listed or authorized financial instruments business association to which securities are registered	FilingDateInstant_OrdinaryShareMember	Original text (Japanese) 東京証券取引所プライム市場
Description issued shares total number of shares etc	FilingDateInstant_OrdinaryShareMember	Original text (Japanese) 単元株式数100株
Details of employee share option program (text)	FilingDateInstant	Text · Plus
Description of rights plan (text)	FilingDateInstant	Text · Plus
Other information on share acquisition rights (text)	FilingDateInstant	Text · Plus
Exercises etc of moving strike convertible bonds etc (text)	FilingDateInstant	Text · Plus
Changes in number of issued shares stated capital etc (text)	FilingDateInstant	Text · Plus
Shareholding by shareholder category (text)	FilingDateInstant	Text · Plus
Major shareholders (text)	FilingDateInstant	Text · Plus
Name major shareholders	CurrentYearInstant_No1MajorShareholdersMember	Original text (Japanese) 日本マスタートラスト信託銀行株式会社（信託口）
Address major shareholders	CurrentYearInstant_No1MajorShareholdersMember	Original text (Japanese) 東京都港区赤坂一丁目８番１号
Name major shareholders	CurrentYearInstant_No2MajorShareholdersMember	Original text (Japanese) 株式会社日本カストディ銀行（信託口）
Address major shareholders	CurrentYearInstant_No2MajorShareholdersMember	Original text (Japanese) 東京都中央区晴海一丁目８番12号
Name major shareholders	CurrentYearInstant_No3MajorShareholdersMember	Original text (Japanese) 野村信託銀行株式会社（投信口）
Address major shareholders	CurrentYearInstant_No3MajorShareholdersMember	Original text (Japanese) 東京都千代田区大手町二丁目２番２号
Name major shareholders	CurrentYearInstant_No4MajorShareholdersMember	Original text (Japanese) 株式会社滋賀銀行
Address major shareholders	CurrentYearInstant_No4MajorShareholdersMember	Original text (Japanese) 滋賀県大津市浜町１番38号
Name major shareholders	CurrentYearInstant_No5MajorShareholdersMember	Original text (Japanese) 日本電気硝子取引先持株会
Address major shareholders	CurrentYearInstant_No5MajorShareholdersMember	Original text (Japanese) 滋賀県大津市晴嵐二丁目７番１号
Name major shareholders	CurrentYearInstant_No6MajorShareholdersMember	Original text (Japanese) ニプロ株式会社
Address major shareholders	CurrentYearInstant_No6MajorShareholdersMember	Original text (Japanese) 大阪府摂津市千里丘新町３番26号
Name major shareholders	CurrentYearInstant_No7MajorShareholdersMember	Original text (Japanese) DFA INTL SMALL CAP VALUE PORTFOLIO（常任代理人　シティバンク、エヌ・エイ東京支店）
Address major shareholders	CurrentYearInstant_No7MajorShareholdersMember	Text · Plus
Name major shareholders	CurrentYearInstant_No8MajorShareholdersMember	Original text (Japanese) STATE STREET BANK AND TRUST COMPANY 505001（常任代理人　株式会社みずほ銀行）
Address major shareholders	CurrentYearInstant_No8MajorShareholdersMember	Text · Plus
Name major shareholders	CurrentYearInstant_No9MajorShareholdersMember	Text · Plus
Address major shareholders	CurrentYearInstant_No9MajorShareholdersMember	Original text (Japanese) 2-2-2 OTEMACHI, CHIYODA-KU, TOKYO, JAPAN（東京都新宿区新宿六丁目27番30号）
Name major shareholders	CurrentYearInstant_No10MajorShareholdersMember	Original text (Japanese) JP MORGAN CHASE BANK 385781（常任代理人　株式会社みずほ銀行）
Address major shareholders	CurrentYearInstant_No10MajorShareholdersMember	Text · Plus
Issued shares voting rights (text)	FilingDateInstant	Text · Plus
Description issued shares voting rights	CurrentYearInstant_SharesWithNoVotingRightsMember	－
Description issued shares voting rights	CurrentYearInstant_SharesWithRestrictedVotingRightsTreasurySharesEtcMember	－
Description issued shares voting rights	CurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember	－
Description issued shares voting rights	CurrentYearInstant_SharesWithFullVotingRightsTreasurySharesEtcMember	Original text (Japanese) 単元株式数100株
Description issued shares voting rights	CurrentYearInstant_SharesWithFullVotingRightsOtherMember	Original text (Japanese) 同上
Description issued shares voting rights	CurrentYearInstant_SharesLessThanOneUnitMember	－
Treasury shares etc (text)	FilingDateInstant	Text · Plus

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
balance sheet identity	non_consolidated 2025-12-31	pass
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