Annual report

Period2022-01-01 → 2022-12-31

Filed2023-03-29

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Amended by S100VXU3 (2025-06-13).

Key figures · 145

Metric	Value	Period	Scope	Source row
Revenue	¥4.6bn	2022-01-01 → 2022-12-31	Cons.	Net sales
Revenue	¥6.2bn	2021-01-01 → 2021-12-31	Cons.	Net sales
Revenue	¥4.2bn	2020-01-01 → 2020-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥4.1bn	2019-01-01 → 2019-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥4.1bn	2018-01-01 → 2018-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥1.0bn	2022-01-01 → 2022-12-31	Cons.	Operating income
Operating income	¥775m	2021-01-01 → 2021-12-31	Cons.	Operating income
Ordinary income	¥1.1bn	2022-01-01 → 2022-12-31	Cons.	Ordinary income
Ordinary income	¥850m	2021-01-01 → 2021-12-31	Cons.	Ordinary income
Ordinary income	¥231m	2020-01-01 → 2020-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	−¥193m	2019-01-01 → 2019-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	−¥251m	2018-01-01 → 2018-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥1.1bn	2022-01-01 → 2022-12-31	Cons.	Income before income taxes
Profit before tax	¥969m	2021-01-01 → 2021-12-31	Cons.	Income before income taxes
Net income (owners)	¥806m	2022-01-01 → 2022-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥727m	2021-01-01 → 2021-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥173m	2020-01-01 → 2020-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	−¥281m	2019-01-01 → 2019-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	−¥369m	2018-01-01 → 2018-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥821m	2022-01-01 → 2022-12-31	Cons.	Profit loss
Net income	¥734m	2021-01-01 → 2021-12-31	Cons.	Profit loss
Total assets	¥4.6bn	at 2022-12-31	Cons.	Assets
Total assets	¥3.8bn	at 2021-12-31	Cons.	Assets
Total assets	¥3.2bn	at 2020-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥2.6bn	at 2019-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥3.0bn	at 2018-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥1.4bn	at 2022-12-31	Cons.	Liabilities
Total liabilities	¥1.3bn	at 2021-12-31	Cons.	Liabilities
Net assets / equity	¥3.2bn	at 2022-12-31	Cons.	Net assets
Net assets / equity	¥2.5bn	at 2021-12-31	Cons.	Net assets
Net assets / equity	¥1.8bn	at 2020-12-31^d	Cons.	Net assets
Net assets / equity	¥1.2bn	at 2019-12-31^d	Cons.	Net assets (5-year summary)
Net assets / equity	¥1.4bn	at 2018-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥2.1bn	at 2022-12-31	Cons.	Cash and deposits
Cash and deposits	¥1.7bn	at 2021-12-31	Cons.	Cash and deposits
Cash & equivalents	¥2.1bn	at 2022-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥1.7bn	at 2021-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥1.2bn	at 2020-12-31^d	Cons.	Cash and cash equivalents
Cash & equivalents	¥656m	at 2019-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥1.4bn	at 2018-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥339m	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥849m	2021-01-01 → 2021-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥196m	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥52m	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥362m	2018-01-01 → 2018-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥67m	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	¥88m	2021-01-01 → 2021-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	¥175m	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥240m	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥3m	2018-01-01 → 2018-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	¥108m	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥424m	2021-01-01 → 2021-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥147m	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥412m	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥486m	2018-01-01 → 2018-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥56.95	2022-01-01 → 2022-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥51.56	2021-01-01 → 2021-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥12.35	2020-01-01 → 2020-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-20.08	2019-01-01 → 2019-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-26.42	2018-01-01 → 2018-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥56.51	2022-01-01 → 2022-12-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥51.16	2021-01-01 → 2021-12-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥12.34	2020-01-01 → 2020-12-31^d	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥222.31	at 2022-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥172.1	at 2021-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥123.31	at 2020-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥84.73	at 2019-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥98.41	at 2018-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	69.0%	at 2022-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	63.5%	at 2021-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	54.2%	at 2020-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	45.5%	at 2019-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	45.4%	at 2018-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	28.9%	2022-01-01 → 2022-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	34.9%	2021-01-01 → 2021-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	11.9%	2020-01-01 → 2020-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	217	at 2022-12-31	Cons.	Number of employees
Employees	191	at 2021-12-31	Cons.	Number of employees
Employees	194	at 2020-12-31^d	Cons.	Number of employees
Employees	224	at 2019-12-31^d	Cons.	Number of employees
Employees	220	at 2018-12-31^d	Cons.	Number of employees
Revenue	¥2.8bn	2022-01-01 → 2022-12-31	Standalone	Net sales
Revenue	¥5.3bn	2021-01-01 → 2021-12-31	Standalone	Net sales
Revenue	¥3.5bn	2020-01-01 → 2020-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥3.5bn	2019-01-01 → 2019-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥3.3bn	2018-01-01 → 2018-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥575m	2022-01-01 → 2022-12-31	Standalone	Operating income
Operating income	¥688m	2021-01-01 → 2021-12-31	Standalone	Operating income
Ordinary income	¥649m	2022-01-01 → 2022-12-31	Standalone	Ordinary income
Ordinary income	¥689m	2021-01-01 → 2021-12-31	Standalone	Ordinary income
Ordinary income	¥348m	2020-01-01 → 2020-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥151m	2019-01-01 → 2019-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥291m	2018-01-01 → 2018-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥753m	2022-01-01 → 2022-12-31	Standalone	Income before income taxes
Profit before tax	¥809m	2021-01-01 → 2021-12-31	Standalone	Income before income taxes
Net income	¥498m	2022-01-01 → 2022-12-31	Standalone	Profit loss
Net income	¥583m	2021-01-01 → 2021-12-31	Standalone	Profit loss
Net income	−¥216m	2020-01-01 → 2020-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥92m	2019-01-01 → 2019-12-31^d	Standalone	Net income loss (5-year summary)
Net income	−¥83m	2018-01-01 → 2018-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥4.5bn	at 2022-12-31	Standalone	Assets
Total assets	¥3.9bn	at 2021-12-31	Standalone	Assets
Total assets	¥3.4bn	at 2020-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥3.5bn	at 2019-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥3.7bn	at 2018-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥1.2bn	at 2022-12-31	Standalone	Liabilities
Total liabilities	¥1.2bn	at 2021-12-31	Standalone	Liabilities
Net assets / equity	¥3.3bn	at 2022-12-31	Standalone	Net assets
Net assets / equity	¥2.7bn	at 2021-12-31	Standalone	Net assets
Net assets / equity	¥2.1bn	at 2020-12-31^d	Standalone	Net assets
Net assets / equity	¥2.3bn	at 2019-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥2.1bn	at 2018-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥1.4bn	at 2022-12-31	Standalone	Cash and deposits
Cash and deposits	¥1.4bn	at 2021-12-31	Standalone	Cash and deposits
EPS (basic)	¥35.22	2022-01-01 → 2022-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥41.34	2021-01-01 → 2021-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-15.38	2020-01-01 → 2020-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥6.56	2019-01-01 → 2019-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-5.96	2018-01-01 → 2018-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥34.95	2022-01-01 → 2022-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥41.02	2021-01-01 → 2021-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥6.55	2019-01-01 → 2019-12-31^d	Standalone	Diluted earnings per share (5-year summary)
Net assets per share	¥229.47	at 2022-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥192.39	at 2021-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥147.83	at 2020-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥162.39	at 2019-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥150.07	at 2018-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	72.9%	at 2022-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	69.1%	at 2021-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	61.0%	at 2020-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	64.5%	at 2019-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	56.3%	at 2018-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	16.7%	2022-01-01 → 2022-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	24.3%	2021-01-01 → 2021-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	4.2%	2019-01-01 → 2019-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	14,203,853	at 2022-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	14,147,374	at 2021-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	14,091,900	at 2020-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	14,042,700	at 2019-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	14,033,100	at 2018-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	126	at 2022-12-31	Standalone	Number of employees
Employees	124	at 2021-12-31	Standalone	Number of employees
Employees	129	at 2020-12-31^d	Standalone	Number of employees
Employees	134	at 2019-12-31^d	Standalone	Number of employees
Employees	134	at 2018-12-31^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 · 1,304

Item	Context	Value	Unit
Shareholders equity	CurrentYearInstant	3219290000	JPY
Valuation difference on available for sale securities	Prior1YearInstant	50898000	JPY
Valuation difference on available for sale securities	CurrentYearInstant	72647000	JPY
Foreign currency translation adjustment	Prior1YearInstant	-19215000	JPY
Foreign currency translation adjustment	CurrentYearInstant	-141301000	JPY
Valuation and translation adjustments	Prior1YearInstant	31683000	JPY
Valuation and translation adjustments	CurrentYearInstant	-68654000	JPY
Subscription rights to shares	Prior1YearInstant	7862000	JPY
Subscription rights to shares	CurrentYearInstant	8904000	JPY
Non controlling interests	Prior1YearInstant	40944000	JPY
Non controlling interests	CurrentYearInstant	59061000	JPY
Net assets	Prior1YearInstant	2479489000	JPY
Net assets	CurrentYearInstant	3218603000	JPY
Liabilities and net assets	Prior1YearInstant	3828442000	JPY
Liabilities and net assets	CurrentYearInstant	4569042000	JPY
Net sales	Prior1YearDuration	6210200000	JPY
Net sales	CurrentYearDuration	4551016000	JPY
Cost of sales	Prior1YearDuration	3438514000	JPY
Cost of sales	CurrentYearDuration	1043709000	JPY
Gross profit	Prior1YearDuration	2771686000	JPY
Gross profit	CurrentYearDuration	3507306000	JPY
Selling general and administrative expenses	Prior1YearDuration	1997075000	JPY
Selling general and administrative expenses	CurrentYearDuration	2491251000	JPY
Operating income	Prior1YearDuration	774610000	JPY
Operating income	CurrentYearDuration	1016054000	JPY
Interest income noi	Prior1YearDuration	21000	JPY
Interest income noi	CurrentYearDuration	20000	JPY
Dividends income noi	Prior1YearDuration	6323000	JPY
Dividends income noi	CurrentYearDuration	284000	JPY
Equity in earnings of affiliates noi	Prior1YearDuration	37843000	JPY
Equity in earnings of affiliates noi	CurrentYearDuration	－	JPY
Foreign exchange gains noi	Prior1YearDuration	36090000	JPY
Foreign exchange gains noi	CurrentYearDuration	106029000	JPY
Subsidy income noi	Prior1YearDuration	1304000	JPY
Subsidy income noi	CurrentYearDuration	736000	JPY
Other noi	Prior1YearDuration	5737000	JPY
Other noi	CurrentYearDuration	6270000	JPY
Non operating income	Prior1YearDuration	87321000	JPY
Non operating income	CurrentYearDuration	113341000	JPY
Interest expenses noe	Prior1YearDuration	3328000	JPY
Interest expenses noe	CurrentYearDuration	1471000	JPY
Stock issuance cost noe	Prior1YearDuration	627000	JPY
Stock issuance cost noe	CurrentYearDuration	92000	JPY
Loss on investments in partnership noe	Prior1YearDuration	648000	JPY
Loss on investments in partnership noe	CurrentYearDuration	2026000	JPY
Equity in losses of affiliates noe	Prior1YearDuration	－	JPY
Equity in losses of affiliates noe	CurrentYearDuration	46703000	JPY
Compensation expenses noe	Prior1YearDuration	7767000	JPY
Compensation expenses noe	CurrentYearDuration	－	JPY
Other noe	Prior1YearDuration	－	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 2021-12-31	pass
balance sheet identity	consolidated 2022-12-31	pass
balance sheet identity	non_consolidated 2021-12-31	pass
balance sheet identity	non_consolidated 2022-12-31	pass
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2020-12-31	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	non_consolidated 2020-12-31	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 income attributable to parent	consolidated 2021-01-01/2021-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · operating cash flow	consolidated 2021-01-01/2021-12-31	pass
statement vs summary · operating cash flow	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · revenue	consolidated 2021-01-01/2021-12-31	pass
statement vs summary · revenue	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · revenue	non_consolidated 2021-01-01/2021-12-31	pass
statement vs summary · revenue	non_consolidated 2022-01-01/2022-12-31	pass
statement vs summary · total assets	consolidated 2021-12-31	pass
statement vs summary · total assets	consolidated 2022-12-31	pass
statement vs summary · total assets	non_consolidated 2021-12-31	pass
statement vs summary · total assets	non_consolidated 2022-12-31	pass