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
Ordinary income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember-886000000JPY
Net income loss (5-year summary)Prior5YearDuration_NonConsolidatedMember-42093000000JPY
Net income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember19023000000JPY
Net income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember-5324000000JPY
Net income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember-6715000000JPY
Net income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember-2108000000JPY
Net income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember-972000000JPY
Capital stock (5-year summary)Prior5YearInstant_NonConsolidatedMember11037000000JPY
Capital stock (5-year summary)Prior4YearInstant_NonConsolidatedMember21741000000JPY
Capital stock (5-year summary)Prior3YearInstant_NonConsolidatedMember21741000000JPY
Capital stock (5-year summary)Prior2YearInstant_NonConsolidatedMember21741000000JPY
Capital stock (5-year summary)Prior1YearInstant_NonConsolidatedMember21741000000JPY
Capital stock (5-year summary)CurrentYearInstant_NonConsolidatedMember21741000000JPY
Total number of issued shares (5-year summary)Prior5YearInstant_NonConsolidatedMember28066313
Total number of issued shares (5-year summary)Prior4YearInstant_NonConsolidatedMember111693313
Total number of issued shares (5-year summary)Prior3YearInstant_NonConsolidatedMember111693313
Total number of issued shares (5-year summary)Prior2YearInstant_NonConsolidatedMember111693313
Total number of issued shares (5-year summary)Prior1YearInstant_NonConsolidatedMember111693313
Total number of issued shares (5-year summary)CurrentYearInstant_NonConsolidatedMember111693313
Net assets (5-year summary)Prior5YearInstant_NonConsolidatedMember-16950000000JPY
Net assets (5-year summary)Prior4YearInstant_NonConsolidatedMember23586000000JPY
Net assets (5-year summary)Prior3YearInstant_NonConsolidatedMember18201000000JPY
Net assets (5-year summary)Prior2YearInstant_NonConsolidatedMember11548000000JPY
Net assets (5-year summary)Prior1YearInstant_NonConsolidatedMember9450000000JPY
Net assets (5-year summary)CurrentYearInstant_NonConsolidatedMember8477000000JPY
Total assets (5-year summary)Prior5YearInstant_NonConsolidatedMember75725000000JPY
Total assets (5-year summary)Prior4YearInstant_NonConsolidatedMember77383000000JPY
Total assets (5-year summary)Prior3YearInstant_NonConsolidatedMember99877000000JPY
Total assets (5-year summary)Prior2YearInstant_NonConsolidatedMember104058000000JPY
Total assets (5-year summary)Prior1YearInstant_NonConsolidatedMember106043000000JPY
Total assets (5-year summary)CurrentYearInstant_NonConsolidatedMember102118000000JPY
Net assets per share (5-year summary)Prior5YearInstant_NonConsolidatedMember-608.41
Net assets per share (5-year summary)Prior4YearInstant_NonConsolidatedMember211.47
Net assets per share (5-year summary)Prior3YearInstant_NonConsolidatedMember163.31
Net assets per share (5-year summary)Prior2YearInstant_NonConsolidatedMember103.62
Net assets per share (5-year summary)Prior1YearInstant_NonConsolidatedMember84.79
Net assets per share (5-year summary)CurrentYearInstant_NonConsolidatedMember76.07
Dividend paid per share (5-year summary)Prior5YearDuration_NonConsolidatedMember-
Dividend paid per share (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Dividend paid per share (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Dividend paid per share (5-year summary)Prior2YearDuration_NonConsolidatedMember-
Dividend paid per share (5-year summary)Prior1YearDuration_NonConsolidatedMember-
Dividend paid per share (5-year summary)CurrentYearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior5YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior2YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)Prior1YearDuration_NonConsolidatedMember-
Interim dividend paid per share (5-year summary)CurrentYearDuration_NonConsolidatedMember-
Basic earnings loss per share (5-year summary)Prior5YearDuration_NonConsolidatedMember-1510.99

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