Annual report

Period2023-01-01 → 2023-12-31

Filed2024-03-28

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Amended by S100VXWQ (2025-06-13).

Key figures · 149

Metric	Value	Period	Scope	Source row
Revenue	¥4.1bn	2023-01-01 → 2023-12-31	Cons.	Net sales
Revenue	¥4.6bn	2022-01-01 → 2022-12-31	Cons.	Net sales
Revenue	¥6.2bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
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)
Operating income	¥259m	2023-01-01 → 2023-12-31	Cons.	Operating income
Operating income	¥1.0bn	2022-01-01 → 2022-12-31	Cons.	Operating income
Ordinary income	¥314m	2023-01-01 → 2023-12-31	Cons.	Ordinary income
Ordinary income	¥1.1bn	2022-01-01 → 2022-12-31	Cons.	Ordinary income
Ordinary income	¥850m	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
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)
Profit before tax	¥103m	2023-01-01 → 2023-12-31	Cons.	Income before income taxes
Profit before tax	¥1.1bn	2022-01-01 → 2022-12-31	Cons.	Income before income taxes
Net income (owners)	−¥147m	2023-01-01 → 2023-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥807m	2022-01-01 → 2022-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥727m	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
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	−¥122m	2023-01-01 → 2023-12-31	Cons.	Profit loss
Net income	¥822m	2022-01-01 → 2022-12-31	Cons.	Profit loss
Total assets	¥4.1bn	at 2023-12-31	Cons.	Assets
Total assets	¥4.6bn	at 2022-12-31	Cons.	Assets
Total assets	¥3.8bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
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 liabilities	¥1.0bn	at 2023-12-31	Cons.	Liabilities
Total liabilities	¥1.4bn	at 2022-12-31	Cons.	Liabilities
Net assets / equity	¥3.1bn	at 2023-12-31	Cons.	Net assets
Net assets / equity	¥3.2bn	at 2022-12-31	Cons.	Net assets
Net assets / equity	¥2.5bn	at 2021-12-31^d	Cons.	Net assets
Net assets / equity	¥1.8bn	at 2020-12-31^d	Cons.	Net assets (5-year summary)
Net assets / equity	¥1.2bn	at 2019-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥1.8bn	at 2023-12-31	Cons.	Cash and deposits
Cash and deposits	¥2.1bn	at 2022-12-31	Cons.	Cash and deposits
Cash & equivalents	¥1.8bn	at 2023-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥2.1bn	at 2022-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥1.7bn	at 2021-12-31^d	Cons.	Cash and cash equivalents
Cash & equivalents	¥1.2bn	at 2020-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥656m	at 2019-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	−¥119m	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in operating activities
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^d	Cons.	Net cash provided by used in operating activities (5-year summary)
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)
Investing cash flow	¥49m	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in investment activities
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^d	Cons.	Net cash provided by used in investing activities (5-year summary)
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)
Financing cash flow	−¥235m	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in financing activities
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^d	Cons.	Net cash provided by used in financing activities (5-year summary)
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)
EPS (basic)	¥-10.35	2023-01-01 → 2023-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥57.04	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^d	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 (diluted)	¥56.6	2022-01-01 → 2022-12-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥51.16	2021-01-01 → 2021-12-31^d	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	¥211.3	at 2023-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥222.4	at 2022-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥172.1	at 2021-12-31^d	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)
Equity ratio	73.1%	at 2023-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	68.8%	at 2022-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	63.5%	at 2021-12-31^d	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)
ROE	-4.8%	2023-01-01 → 2023-12-31	Cons.	Rate of return on equity (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^d	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)
ROE	-21.9%	2019-01-01 → 2019-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	194	at 2023-12-31	Cons.	Number of employees
Employees	217	at 2022-12-31	Cons.	Number of employees
Employees	191	at 2021-12-31^d	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
Revenue	¥3.1bn	2023-01-01 → 2023-12-31	Standalone	Net sales
Revenue	¥2.8bn	2022-01-01 → 2022-12-31	Standalone	Net sales
Revenue	¥5.3bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
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)
Operating income	¥577m	2023-01-01 → 2023-12-31	Standalone	Operating income
Operating income	¥575m	2022-01-01 → 2022-12-31	Standalone	Operating income
Ordinary income	¥648m	2023-01-01 → 2023-12-31	Standalone	Ordinary income
Ordinary income	¥649m	2022-01-01 → 2022-12-31	Standalone	Ordinary income
Ordinary income	¥689m	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
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)
Profit before tax	−¥319m	2023-01-01 → 2023-12-31	Standalone	Income before income taxes
Profit before tax	¥753m	2022-01-01 → 2022-12-31	Standalone	Income before income taxes
Net income	−¥510m	2023-01-01 → 2023-12-31	Standalone	Profit loss
Net income	¥498m	2022-01-01 → 2022-12-31	Standalone	Profit loss
Net income	¥583m	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
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)
Total assets	¥3.7bn	at 2023-12-31	Standalone	Assets
Total assets	¥4.5bn	at 2022-12-31	Standalone	Assets
Total assets	¥3.9bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
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 liabilities	¥890m	at 2023-12-31	Standalone	Liabilities
Total liabilities	¥1.2bn	at 2022-12-31	Standalone	Liabilities
Net assets / equity	¥2.8bn	at 2023-12-31	Standalone	Net assets
Net assets / equity	¥3.3bn	at 2022-12-31	Standalone	Net assets
Net assets / equity	¥2.7bn	at 2021-12-31^d	Standalone	Net assets
Net assets / equity	¥2.1bn	at 2020-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥2.3bn	at 2019-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥1.4bn	at 2023-12-31	Standalone	Cash and deposits
Cash and deposits	¥1.4bn	at 2022-12-31	Standalone	Cash and deposits
EPS (basic)	¥-35.94	2023-01-01 → 2023-12-31	Standalone	Basic earnings loss per share (5-year summary)
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^d	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 (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^d	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	¥195.69	at 2023-12-31	Standalone	Net assets 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^d	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)
Equity ratio	75.7%	at 2023-12-31	Standalone	Equity to asset ratio (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^d	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)
ROE	-16.9%	2023-01-01 → 2023-12-31	Standalone	Rate of return on equity (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^d	Standalone	Rate of return on equity (5-year summary)
ROE	-9.9%	2020-01-01 → 2020-12-31^d	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	14,248,282	at 2023-12-31	Standalone	Total number of issued shares (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^d	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)
Employees	149	at 2023-12-31	Standalone	Number of employees
Employees	126	at 2022-12-31	Standalone	Number of employees
Employees	124	at 2021-12-31^d	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

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 · 1,319

Item	Context	Value	Unit
Total assets (5-year summary)	Prior4YearInstant	2611219000	JPY
Total assets (5-year summary)	Prior3YearInstant	3199344000	JPY
Total assets (5-year summary)	Prior2YearInstant	3828442000	JPY
Total assets (5-year summary)	Prior1YearInstant	4583436000	JPY
Total assets (5-year summary)	CurrentYearInstant	4109596000	JPY
Net assets per share (5-year summary)	Prior4YearInstant	84.73
Net assets per share (5-year summary)	Prior3YearInstant	123.31
Net assets per share (5-year summary)	Prior2YearInstant	172.10
Net assets per share (5-year summary)	Prior1YearInstant	222.40
Net assets per share (5-year summary)	CurrentYearInstant	211.30
Basic earnings loss per share (5-year summary)	Prior4YearDuration	-20.08
Basic earnings loss per share (5-year summary)	Prior3YearDuration	12.35
Basic earnings loss per share (5-year summary)	Prior2YearDuration	51.56
Basic earnings loss per share (5-year summary)	Prior1YearDuration	57.04
Basic earnings loss per share (5-year summary)	CurrentYearDuration	-10.35
Diluted earnings per share (5-year summary)	Prior4YearDuration	－
Diluted earnings per share (5-year summary)	Prior3YearDuration	12.34
Diluted earnings per share (5-year summary)	Prior2YearDuration	51.16
Diluted earnings per share (5-year summary)	Prior1YearDuration	56.60
Diluted earnings per share (5-year summary)	CurrentYearDuration	－
Equity to asset ratio (5-year summary)	Prior4YearInstant	0.455
Equity to asset ratio (5-year summary)	Prior3YearInstant	0.542
Equity to asset ratio (5-year summary)	Prior2YearInstant	0.635
Equity to asset ratio (5-year summary)	Prior1YearInstant	0.688
Equity to asset ratio (5-year summary)	CurrentYearInstant	0.731
Rate of return on equity (5-year summary)	Prior4YearDuration	-0.219
Rate of return on equity (5-year summary)	Prior3YearDuration	0.119
Rate of return on equity (5-year summary)	Prior2YearDuration	0.349
Rate of return on equity (5-year summary)	Prior1YearDuration	0.289
Rate of return on equity (5-year summary)	CurrentYearDuration	-0.048
Price earnings ratio (5-year summary)	Prior4YearDuration	－
Price earnings ratio (5-year summary)	Prior3YearDuration	45.75
Price earnings ratio (5-year summary)	Prior2YearDuration	16.58
Price earnings ratio (5-year summary)	Prior1YearDuration	22.05
Price earnings ratio (5-year summary)	CurrentYearDuration	－
Net cash provided by used in operating activities (5-year summary)	Prior4YearDuration	-51692000	JPY
Net cash provided by used in operating activities (5-year summary)	Prior3YearDuration	195767000	JPY
Net cash provided by used in operating activities (5-year summary)	Prior2YearDuration	849363000	JPY
Net cash provided by used in operating activities (5-year summary)	Prior1YearDuration	338954000	JPY
Net cash provided by used in operating activities (5-year summary)	CurrentYearDuration	-118552000	JPY
Net cash provided by used in investing activities (5-year summary)	Prior4YearDuration	-240483000	JPY
Net cash provided by used in investing activities (5-year summary)	Prior3YearDuration	174869000	JPY
Net cash provided by used in investing activities (5-year summary)	Prior2YearDuration	87759000	JPY
Net cash provided by used in investing activities (5-year summary)	Prior1YearDuration	-66632000	JPY
Net cash provided by used in investing activities (5-year summary)	CurrentYearDuration	49088000	JPY
Net cash provided by used in financing activities (5-year summary)	Prior4YearDuration	-412010000	JPY
Net cash provided by used in financing activities (5-year summary)	Prior3YearDuration	146817000	JPY
Net cash provided by used in financing activities (5-year summary)	Prior2YearDuration	-423937000	JPY
Net cash provided by used in financing activities (5-year summary)	Prior1YearDuration	107883000	JPY
Net cash provided by used in financing activities (5-year summary)	CurrentYearDuration	-234961000	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 2022-12-31	pass rounding
balance sheet identity	consolidated 2023-12-31	pass rounding
balance sheet identity	non_consolidated 2022-12-31	pass
balance sheet identity	non_consolidated 2023-12-31	pass
dei present		pass
period resolution		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	consolidated 2023-12-31	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 assets	non_consolidated 2023-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · operating cash flow	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · operating cash flow	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · revenue	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	non_consolidated 2022-01-01/2022-12-31	pass
statement vs summary · revenue	non_consolidated 2023-01-01/2023-12-31	pass
statement vs summary · total assets	consolidated 2022-12-31	pass
statement vs summary · total assets	consolidated 2023-12-31	pass
statement vs summary · total assets	non_consolidated 2022-12-31	pass
statement vs summary · total assets	non_consolidated 2023-12-31	pass