Annual report

Period2025-01-01 → 2025-12-31
Filed2026-03-27
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 166
MetricValuePeriodScopeSource row
Revenue¥190.9bn2025-01-01 → 2025-12-31Cons.Net sales
Revenue¥183.8bn2024-01-01 → 2024-12-31Cons.Net sales
Revenue¥179.3bn2023-01-01 → 2023-12-31vCons.Net sales (5-year summary)
Revenue¥175.7bn2022-01-01 → 2022-12-31vCons.Net sales (5-year summary)
Revenue¥119.6bn2021-01-01 → 2021-12-31dCons.Net sales (5-year summary)
Revenue¥137.5bn2020-01-01 → 2020-12-31dCons.Net sales (5-year summary)
Operating income−¥1.5bn2025-01-01 → 2025-12-31Cons.Operating income
Operating income−¥6.4bn2024-01-01 → 2024-12-31Cons.Operating income
Ordinary income¥1.8bn2025-01-01 → 2025-12-31Cons.Ordinary income
Ordinary income−¥176m2024-01-01 → 2024-12-31Cons.Ordinary income
Ordinary income−¥8.4bn2023-01-01 → 2023-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income−¥4.1bn2022-01-01 → 2022-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income−¥11.7bn2021-01-01 → 2021-12-31dCons.Ordinary income loss (5-year summary)
Ordinary income−¥23.2bn2020-01-01 → 2020-12-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥1.2bn2025-01-01 → 2025-12-31Cons.Income before income taxes
Profit before tax¥494m2024-01-01 → 2024-12-31Cons.Income before income taxes
Net income (owners)¥274m2025-01-01 → 2025-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥777m2024-01-01 → 2024-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥3.4bn2023-01-01 → 2023-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥1.6bn2022-01-01 → 2022-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥15.9bn2021-01-01 → 2021-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥45.3bn2020-01-01 → 2020-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥760m2025-01-01 → 2025-12-31Cons.Profit loss
Net income−¥555m2024-01-01 → 2024-12-31Cons.Profit loss
Total assets¥185.6bnat 2025-12-31Cons.Assets
Total assets¥175.5bnat 2024-12-31Cons.Assets
Total assets¥162.5bnat 2023-12-31vCons.Total assets (5-year summary)
Total assets¥157.4bnat 2022-12-31vCons.Total assets (5-year summary)
Total assets¥151.2bnat 2021-12-31dCons.Total assets (5-year summary)
Total assets¥155.1bnat 2020-12-31dCons.Total assets (5-year summary)
Total liabilities¥157.5bnat 2025-12-31Cons.Liabilities
Total liabilities¥151.9bnat 2024-12-31Cons.Liabilities
Net assets / equity¥28.1bnat 2025-12-31Cons.Net assets
Net assets / equity¥23.6bnat 2024-12-31Cons.Net assets
Net assets / equity¥20.8bnat 2023-12-31vCons.Net assets
Net assets / equity¥23.4bnat 2022-12-31vCons.Net assets (5-year summary)
Net assets / equity¥23.8bnat 2021-12-31dCons.Net assets (5-year summary)
Net assets / equity−¥17.0bnat 2020-12-31dCons.Net assets (5-year summary)
Cash and deposits¥18.1bnat 2025-12-31Cons.Cash and deposits
Cash and deposits¥17.9bnat 2024-12-31Cons.Cash and deposits
Cash & equivalents¥16.8bnat 2025-12-31Cons.Cash and cash equivalents
Cash & equivalents¥14.9bnat 2024-12-31Cons.Cash and cash equivalents
Cash & equivalents¥21.6bnat 2023-12-31vCons.Cash and cash equivalents
Cash & equivalents¥17.1bnat 2022-12-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥25.9bnat 2021-12-31dCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥18.2bnat 2020-12-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥2.7bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥4.5bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥9.4bn2023-01-01 → 2023-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥10.1bn2022-01-01 → 2022-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥7.4bn2021-01-01 → 2021-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥3.2bn2020-01-01 → 2020-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥6.5bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥12.8bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥11.6bn2023-01-01 → 2023-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥4.5bn2022-01-01 → 2022-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥5.2bn2021-01-01 → 2021-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥5.7bn2020-01-01 → 2020-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥5.0bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in financing activities
Financing cash flow¥9.5bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in financing activities
Financing cash flow¥5.8bn2023-01-01 → 2023-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥5.1bn2022-01-01 → 2022-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥19.7bn2021-01-01 → 2021-12-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥3.6bn2020-01-01 → 2020-12-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥2.462025-01-01 → 2025-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-6.982024-01-01 → 2024-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-30.152023-01-01 → 2023-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-14.482022-01-01 → 2022-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥167.792021-01-01 → 2021-12-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-1,630.382020-01-01 → 2020-12-31dCons.Basic earnings loss per share (5-year summary)
Net assets per share¥239.68at 2025-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥203.03at 2024-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥181.18at 2023-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥201.75at 2022-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥205.51at 2021-12-31dCons.Net assets per share (5-year summary)
Net assets per share¥-664.58at 2020-12-31dCons.Net assets per share (5-year summary)
Equity ratio14.4%at 2025-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio12.9%at 2024-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio12.4%at 2023-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio14.3%at 2022-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio15.1%at 2021-12-31dCons.Equity to asset ratio (5-year summary)
Equity ratio-11.9%at 2020-12-31dCons.Equity to asset ratio (5-year summary)
ROE1.1%2025-01-01 → 2025-12-31Cons.Rate of return on equity (5-year summary)
ROE-3.6%2024-01-01 → 2024-12-31Cons.Rate of return on equity (5-year summary)
ROE-15.7%2023-01-01 → 2023-12-31vCons.Rate of return on equity (5-year summary)
ROE-7.1%2022-01-01 → 2022-12-31vCons.Rate of return on equity (5-year summary)
ROE713.3%2021-01-01 → 2021-12-31dCons.Rate of return on equity (5-year summary)
Employees4,791at 2025-12-31Cons.Number of employees
Employees5,344at 2024-12-31Cons.Number of employees
Employees5,587at 2023-12-31vCons.Number of employees
Employees5,608at 2022-12-31vCons.Number of employees
Employees5,897at 2021-12-31dCons.Number of employees
Employees6,246at 2020-12-31dCons.Number of employees
Revenue¥59.5bn2025-01-01 → 2025-12-31StandaloneNet sales
Revenue¥69.8bn2024-01-01 → 2024-12-31StandaloneNet sales
Revenue¥71.9bn2023-01-01 → 2023-12-31vStandaloneNet sales (5-year summary)
Revenue¥75.1bn2022-01-01 → 2022-12-31vStandaloneNet sales (5-year summary)
Revenue¥6.9bn2021-01-01 → 2021-12-31dStandaloneOperating revenue1 (5-year summary)
Revenue¥8.0bn2020-01-01 → 2020-12-31dStandaloneOperating revenue1 (5-year summary)
Operating income−¥4.5bn2025-01-01 → 2025-12-31StandaloneOperating income
Operating income−¥12.8bn2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income−¥886m2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income−¥5.7bn2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income−¥7.9bn2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥3.8bn2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥32.9bn2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥13.7bn2020-01-01 → 2020-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax−¥487m2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax−¥1.7bn2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income−¥972m2025-01-01 → 2025-12-31StandaloneProfit loss
Net income−¥2.1bn2024-01-01 → 2024-12-31StandaloneProfit loss
Net income−¥6.7bn2023-01-01 → 2023-12-31vStandaloneNet income loss (5-year summary)
Net income−¥5.3bn2022-01-01 → 2022-12-31vStandaloneNet income loss (5-year summary)
Net income¥19.0bn2021-01-01 → 2021-12-31dStandaloneNet income loss (5-year summary)
Net income−¥42.1bn2020-01-01 → 2020-12-31dStandaloneNet income loss (5-year summary)
Total assets¥102.1bnat 2025-12-31StandaloneAssets
Total assets¥106.0bnat 2024-12-31StandaloneAssets
Total assets¥104.1bnat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥99.9bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥77.4bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total assets¥75.7bnat 2020-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥93.6bnat 2025-12-31StandaloneLiabilities
Total liabilities¥96.6bnat 2024-12-31StandaloneLiabilities
Net assets / equity¥8.5bnat 2025-12-31StandaloneNet assets
Net assets / equity¥9.4bnat 2024-12-31StandaloneNet assets
Net assets / equity¥11.5bnat 2023-12-31vStandaloneNet assets
Net assets / equity¥18.2bnat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥23.6bnat 2021-12-31dStandaloneNet assets (5-year summary)
Net assets / equity−¥16.9bnat 2020-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥1.7bnat 2025-12-31StandaloneCash and deposits
Cash and deposits¥3.8bnat 2024-12-31StandaloneCash and deposits
EPS (basic)¥-8.722025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-18.922024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-60.262023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-47.782022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥200.672021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-1,510.992020-01-01 → 2020-12-31dStandaloneBasic earnings loss per share (5-year summary)
Net assets per share¥76.07at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥84.79at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥103.62at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥163.31at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥211.47at 2021-12-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥-608.41at 2020-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio8.3%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio8.9%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio11.1%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio18.2%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio30.5%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio-22.4%at 2020-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE-10.8%2025-01-01 → 2025-12-31StandaloneRate of return on equity (5-year summary)
ROE-20.1%2024-01-01 → 2024-12-31StandaloneRate of return on equity (5-year summary)
ROE-45.1%2023-01-01 → 2023-12-31vStandaloneRate of return on equity (5-year summary)
ROE-25.5%2022-01-01 → 2022-12-31vStandaloneRate of return on equity (5-year summary)
ROE573.3%2021-01-01 → 2021-12-31dStandaloneRate of return on equity (5-year summary)
Shares issued111,693,313at 2025-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued111,693,313at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued111,693,313at 2023-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued111,693,313at 2022-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued111,693,313at 2021-12-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued28,066,313at 2020-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees963at 2025-12-31StandaloneNumber of employees
Employees1,289at 2024-12-31StandaloneNumber of employees
Employees1,344at 2023-12-31vStandaloneNumber of employees
Employees1,356at 2022-12-31vStandaloneNumber of employees
Employees88at 2021-12-31dStandaloneNumber of employees
Employees79at 2020-12-31dStandaloneNumber 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 · 2
SegmentItemPeriodValue
Automotive Systemsreportable segmentemployeesat 2025-12-314791 pure
Automotive Systemsreportable segmentemployeesat 2025-12-31963 pure

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

All source rows · 1,552
ItemContextValueUnit
Noncurrent assetsCurrentYearInstant81774000000JPY
AssetsPrior1YearInstant175459000000JPY
AssetsCurrentYearInstant185633000000JPY
Notes and accounts payable tradePrior1YearInstant37727000000JPY
Notes and accounts payable tradeCurrentYearInstant42032000000JPY
Short term loans payablePrior1YearInstant65514000000JPY
Short term loans payableCurrentYearInstant70927000000JPY
Current portion of long term loans payablePrior1YearInstant379000000JPY
Current portion of long term loans payableCurrentYearInstant492000000JPY
Accounts payable otherPrior1YearInstant11783000000JPY
Accounts payable otherCurrentYearInstant9698000000JPY
Lease obligations clPrior1YearInstant1138000000JPY
Lease obligations clCurrentYearInstant1398000000JPY
Income taxes payablePrior1YearInstant906000000JPY
Income taxes payableCurrentYearInstant743000000JPY
Provision for bonusesPrior1YearInstant2554000000JPY
Provision for bonusesCurrentYearInstant2530000000JPY
Provision for product warrantiesPrior1YearInstant6175000000JPY
Provision for product warrantiesCurrentYearInstant4562000000JPY
Provision for business restructuring clPrior1YearInstant2708000000JPY
Provision for business restructuring clCurrentYearInstant286000000JPY
Other clPrior1YearInstant10904000000JPY
Other clCurrentYearInstant9641000000JPY
Current liabilitiesPrior1YearInstant139792000000JPY
Current liabilitiesCurrentYearInstant142312000000JPY
Long term loans payablePrior1YearInstant3952000000JPY
Long term loans payableCurrentYearInstant6265000000JPY
Lease obligations nclPrior1YearInstant2387000000JPY
Lease obligations nclCurrentYearInstant2616000000JPY
Deferred tax liabilitiesPrior1YearInstant1894000000JPY
Deferred tax liabilitiesCurrentYearInstant2231000000JPY
Net defined benefit liabilityPrior1YearInstant1689000000JPY
Net defined benefit liabilityCurrentYearInstant1749000000JPY
Provision for environmental expenses ncl liabilitiesPrior1YearInstant507000000JPY
Provision for environmental expenses ncl liabilitiesCurrentYearInstant423000000JPY
Other nclPrior1YearInstant1653000000JPY
Other nclCurrentYearInstant1907000000JPY
Noncurrent liabilitiesPrior1YearInstant12085000000JPY
Noncurrent liabilitiesCurrentYearInstant15194000000JPY
LiabilitiesPrior1YearInstant151877000000JPY
LiabilitiesCurrentYearInstant157507000000JPY
Capital stockPrior1YearInstant21741000000JPY
Capital stockCurrentYearInstant21741000000JPY
Capital surplusPrior1YearInstant14039000000JPY
Capital surplusCurrentYearInstant14039000000JPY
Retained earningsPrior1YearInstant-20903000000JPY
Retained earningsCurrentYearInstant-20629000000JPY
Treasury stockPrior1YearInstant-532000000JPY
Treasury stockCurrentYearInstant-532000000JPY
Shareholders equityPrior1YearInstant14345000000JPY

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 identityconsolidated 2024-12-31pass
balance sheet identityconsolidated 2025-12-31pass
balance sheet identitynon_consolidated 2024-12-31pass rounding
balance sheet identitynon_consolidated 2025-12-31pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2023-12-31pass
statement vs summary · net assetsconsolidated 2024-12-31pass
statement vs summary · net assetsconsolidated 2025-12-31pass
statement vs summary · net assetsnon_consolidated 2023-12-31pass
statement vs summary · net assetsnon_consolidated 2024-12-31pass
statement vs summary · net assetsnon_consolidated 2025-12-31pass
statement vs summary · net income attributable to parentconsolidated 2024-01-01/2024-12-31pass
statement vs summary · net income attributable to parentconsolidated 2025-01-01/2025-12-31pass
statement vs summary · operating cash flowconsolidated 2024-01-01/2024-12-31pass
statement vs summary · operating cash flowconsolidated 2025-01-01/2025-12-31pass
statement vs summary · revenueconsolidated 2024-01-01/2024-12-31pass
statement vs summary · revenueconsolidated 2025-01-01/2025-12-31pass
statement vs summary · revenuenon_consolidated 2024-01-01/2024-12-31pass
statement vs summary · revenuenon_consolidated 2025-01-01/2025-12-31pass
statement vs summary · total assetsconsolidated 2024-12-31pass
statement vs summary · total assetsconsolidated 2025-12-31pass
statement vs summary · total assetsnon_consolidated 2024-12-31pass
statement vs summary · total assetsnon_consolidated 2025-12-31pass