Annual report

Period2023-01-01 → 2023-12-31

Filed2025-06-13

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Amends S100T667. Amended by S100VXXJ (2025-06-13).

Key figures · 145

Metric	Value	Period	Scope	Source row
Revenue	¥4.1bn	2023-01-01 → 2023-12-31	Cons.	Net sales
Revenue	¥4.5bn	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	¥4.1bn	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	¥147m	2023-01-01 → 2023-12-31	Cons.	Operating income
Operating income	¥894m	2022-01-01 → 2022-12-31	Cons.	Operating income
Ordinary income	¥207m	2023-01-01 → 2023-12-31	Cons.	Ordinary income
Ordinary income	¥963m	2022-01-01 → 2022-12-31	Cons.	Ordinary income
Ordinary income	¥869m	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥222m	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	−¥4m	2023-01-01 → 2023-12-31	Cons.	Income before income taxes
Profit before tax	¥976m	2022-01-01 → 2022-12-31	Cons.	Income before income taxes
Net income (owners)	−¥249m	2023-01-01 → 2023-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥697m	2022-01-01 → 2022-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥743m	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥163m	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	−¥230m	2023-01-01 → 2023-12-31	Cons.	Profit loss
Net income	¥712m	2022-01-01 → 2022-12-31	Cons.	Profit loss
Total assets	¥4.0bn	at 2023-12-31	Cons.	Assets
Total assets	¥4.5bn	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	¥1.1bn	at 2023-12-31	Cons.	Liabilities
Total liabilities	¥1.4bn	at 2022-12-31	Cons.	Liabilities
Net assets / equity	¥2.9bn	at 2023-12-31	Cons.	Net assets
Net assets / equity	¥3.1bn	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)	¥-17.53	2023-01-01 → 2023-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥49.24	2022-01-01 → 2022-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥52.72	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥11.65	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)	¥48.86	2022-01-01 → 2022-12-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥52.31	2021-01-01 → 2021-12-31^d	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥11.64	2020-01-01 → 2020-12-31^d	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥196.82	at 2023-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥215.07	at 2022-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥172.56	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥122.6	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	70.6%	at 2023-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	67.5%	at 2022-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	63.4%	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	25.4%	2022-01-01 → 2022-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	35.7%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	11.2%	2020-01-01 → 2020-12-31^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	¥3.0bn	2023-01-01 → 2023-12-31	Standalone	Net sales
Revenue	¥2.7bn	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	¥475m	2023-01-01 → 2023-12-31	Standalone	Operating income
Operating income	¥458m	2022-01-01 → 2022-12-31	Standalone	Operating income
Ordinary income	¥536m	2023-01-01 → 2023-12-31	Standalone	Ordinary income
Ordinary income	¥538m	2022-01-01 → 2022-12-31	Standalone	Ordinary income
Ordinary income	¥696m	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥350m	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	−¥431m	2023-01-01 → 2023-12-31	Standalone	Income before income taxes
Profit before tax	¥642m	2022-01-01 → 2022-12-31	Standalone	Income before income taxes
Net income	−¥625m	2023-01-01 → 2023-12-31	Standalone	Profit loss
Net income	¥392m	2022-01-01 → 2022-12-31	Standalone	Profit loss
Net income	¥588m	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Net income	−¥214m	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	¥3.5bn	at 2023-12-31	Standalone	Assets
Total assets	¥4.4bn	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	¥912m	at 2023-12-31	Standalone	Liabilities
Total liabilities	¥1.2bn	at 2022-12-31	Standalone	Liabilities
Net assets / equity	¥2.6bn	at 2023-12-31	Standalone	Net assets
Net assets / equity	¥3.2bn	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)	¥-44.02	2023-01-01 → 2023-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥27.71	2022-01-01 → 2022-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥41.71	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-15.29	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)	¥27.5	2022-01-01 → 2022-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥41.38	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	¥180.6	at 2023-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥222.43	at 2022-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥192.86	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥147.92	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	73.8%	at 2023-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	72.4%	at 2022-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	69.0%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	61.2%	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	13.3%	2022-01-01 → 2022-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	24.5%	2021-01-01 → 2021-12-31^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 · 1,328

Item	Context	Value	Unit
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
Cash and cash equivalents (5-year summary)	Prior4YearInstant	656346000	JPY
Cash and cash equivalents (5-year summary)	Prior3YearInstant	1170897000	JPY
Cash and cash equivalents (5-year summary)	Prior2YearInstant	1702337000	JPY
Cash and cash equivalents (5-year summary)	Prior1YearInstant	2115796000	JPY
Cash and cash equivalents (5-year summary)	CurrentYearInstant	1844956000	JPY
Number of employees	Prior4YearInstant	224
Number of employees	Prior3YearInstant	194
Number of employees	Prior2YearInstant	191
Number of employees	Prior1YearInstant	217
Number of employees	CurrentYearInstant	194
Average number of temporary workers	Prior4YearInstant	－
Average number of temporary workers	Prior3YearInstant	－
Average number of temporary workers	Prior2YearInstant	－
Average number of temporary workers	Prior1YearInstant	－
Average number of temporary workers	CurrentYearInstant	62
Net sales (5-year summary)	Prior4YearDuration_NonConsolidatedMember	3501440000	JPY
Net sales (5-year summary)	Prior3YearDuration_NonConsolidatedMember	3480313000	JPY
Net sales (5-year summary)	Prior2YearDuration_NonConsolidatedMember	5272128000	JPY
Net sales (5-year summary)	Prior1YearDuration_NonConsolidatedMember	2701013000	JPY
Net sales (5-year summary)	CurrentYearDuration_NonConsolidatedMember	2976130000	JPY
Ordinary income loss (5-year summary)	Prior4YearDuration_NonConsolidatedMember	150526000	JPY
Ordinary income loss (5-year summary)	Prior3YearDuration_NonConsolidatedMember	350229000	JPY
Ordinary income loss (5-year summary)	Prior2YearDuration_NonConsolidatedMember	696416000	JPY
Ordinary income loss (5-year summary)	Prior1YearDuration_NonConsolidatedMember	537752000	JPY
Ordinary income loss (5-year summary)	CurrentYearDuration_NonConsolidatedMember	535695000	JPY
Net income loss (5-year summary)	Prior4YearDuration_NonConsolidatedMember	92012000	JPY
Net income loss (5-year summary)	Prior3YearDuration_NonConsolidatedMember	-214499000	JPY
Net income loss (5-year summary)	Prior2YearDuration_NonConsolidatedMember	588066000	JPY
Net income loss (5-year summary)	Prior1YearDuration_NonConsolidatedMember	392013000	JPY
Net income loss (5-year summary)	CurrentYearDuration_NonConsolidatedMember	-625113000	JPY
Capital stock (5-year summary)	Prior4YearInstant_NonConsolidatedMember	831987000	JPY
Capital stock (5-year summary)	Prior3YearInstant_NonConsolidatedMember	840830000	JPY
Capital stock (5-year summary)	Prior2YearInstant_NonConsolidatedMember	856958000	JPY
Capital stock (5-year summary)	Prior1YearInstant_NonConsolidatedMember	873844000	JPY
Capital stock (5-year summary)	CurrentYearInstant_NonConsolidatedMember	886930000	JPY
Total number of issued shares (5-year summary)	Prior4YearInstant_NonConsolidatedMember	14042700
Total number of issued shares (5-year summary)	Prior3YearInstant_NonConsolidatedMember	14091900
Total number of issued shares (5-year summary)	Prior2YearInstant_NonConsolidatedMember	14147374
Total number of issued shares (5-year summary)	Prior1YearInstant_NonConsolidatedMember	14203853
Total number of issued shares (5-year summary)	CurrentYearInstant_NonConsolidatedMember	14248282
Net assets (5-year summary)	Prior4YearInstant_NonConsolidatedMember	2281867000	JPY
Net assets (5-year summary)	Prior3YearInstant_NonConsolidatedMember	2083296000	JPY
Net assets (5-year summary)	Prior2YearInstant_NonConsolidatedMember	2726061000	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
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