Annual report

Period2023-01-01 → 2023-12-31
Filed2024-03-29
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed

Amended by S100Z208 (2026-09-14).

Key figures · 148
MetricValuePeriodScopeSource row
Revenue¥11.1bn2023-01-01 → 2023-12-31Cons.Net sales
Revenue¥11.2bn2022-01-01 → 2022-12-31Cons.Net sales
Revenue¥9.5bn2021-01-01 → 2021-12-31dCons.Net sales (5-year summary)
Revenue¥8.3bn2020-01-01 → 2020-12-31dCons.Net sales (5-year summary)
Revenue¥8.1bn2019-01-01 → 2019-12-31dCons.Net sales (5-year summary)
Operating income¥1.0bn2023-01-01 → 2023-12-31Cons.Operating income
Operating income¥1.1bn2022-01-01 → 2022-12-31Cons.Operating income
Ordinary income¥1.1bn2023-01-01 → 2023-12-31Cons.Ordinary income
Ordinary income¥1.2bn2022-01-01 → 2022-12-31Cons.Ordinary income
Ordinary income¥583m2021-01-01 → 2021-12-31dCons.Ordinary income loss (5-year summary)
Ordinary income¥571m2020-01-01 → 2020-12-31dCons.Ordinary income loss (5-year summary)
Ordinary income¥358m2019-01-01 → 2019-12-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥1.3bn2023-01-01 → 2023-12-31Cons.Income before income taxes
Profit before tax¥1.2bn2022-01-01 → 2022-12-31Cons.Income before income taxes
Net income (owners)¥909m2023-01-01 → 2023-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥949m2022-01-01 → 2022-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥433m2021-01-01 → 2021-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥377m2020-01-01 → 2020-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥225m2019-01-01 → 2019-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥909m2023-01-01 → 2023-12-31Cons.Profit loss
Net income¥949m2022-01-01 → 2022-12-31Cons.Profit loss
Total assets¥21.1bnat 2023-12-31Cons.Assets
Total assets¥19.8bnat 2022-12-31Cons.Assets
Total assets¥18.3bnat 2021-12-31dCons.Total assets (5-year summary)
Total assets¥17.4bnat 2020-12-31dCons.Total assets (5-year summary)
Total assets¥17.2bnat 2019-12-31dCons.Total assets (5-year summary)
Total liabilities¥5.5bnat 2023-12-31Cons.Liabilities
Total liabilities¥5.5bnat 2022-12-31Cons.Liabilities
Net assets / equity¥15.6bnat 2023-12-31Cons.Net assets
Net assets / equity¥14.3bnat 2022-12-31Cons.Net assets
Net assets / equity¥13.7bnat 2021-12-31dCons.Net assets
Net assets / equity¥13.2bnat 2020-12-31dCons.Net assets (5-year summary)
Net assets / equity¥13.1bnat 2019-12-31dCons.Net assets (5-year summary)
Cash and deposits¥4.6bnat 2023-12-31Cons.Cash and deposits
Cash and deposits¥4.5bnat 2022-12-31Cons.Cash and deposits
Cash & equivalents¥4.6bnat 2023-12-31Cons.Cash and cash equivalents
Cash & equivalents¥4.5bnat 2022-12-31Cons.Cash and cash equivalents
Cash & equivalents¥3.9bnat 2021-12-31dCons.Cash and cash equivalents
Cash & equivalents¥3.9bnat 2020-12-31dCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥3.5bnat 2019-12-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥324m2023-01-01 → 2023-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥1.1bn2022-01-01 → 2022-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥412m2021-01-01 → 2021-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.1bn2020-01-01 → 2020-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥279m2019-01-01 → 2019-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥10m2023-01-01 → 2023-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥322m2022-01-01 → 2022-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥193m2021-01-01 → 2021-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥525m2020-01-01 → 2020-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥191m2019-01-01 → 2019-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥238m2023-01-01 → 2023-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥207m2022-01-01 → 2022-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥208m2021-01-01 → 2021-12-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥212m2020-01-01 → 2020-12-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥210m2019-01-01 → 2019-12-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥136.042023-01-01 → 2023-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥142.262022-01-01 → 2022-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥64.962021-01-01 → 2021-12-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥56.572020-01-01 → 2020-12-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥33.672019-01-01 → 2019-12-31dCons.Basic earnings loss per share (5-year summary)
Net assets per share¥2,337.24at 2023-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥2,141.54at 2022-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥2,050.23at 2021-12-31dCons.Net assets per share (5-year summary)
Net assets per share¥1,979.59at 2020-12-31dCons.Net assets per share (5-year summary)
Net assets per share¥1,963.23at 2019-12-31dCons.Net assets per share (5-year summary)
Equity ratio74.1%at 2023-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio72.2%at 2022-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio74.7%at 2021-12-31dCons.Equity to asset ratio (5-year summary)
Equity ratio75.9%at 2020-12-31dCons.Equity to asset ratio (5-year summary)
Equity ratio76.3%at 2019-12-31dCons.Equity to asset ratio (5-year summary)
ROE6.1%2023-01-01 → 2023-12-31Cons.Rate of return on equity (5-year summary)
ROE6.8%2022-01-01 → 2022-12-31Cons.Rate of return on equity (5-year summary)
ROE3.2%2021-01-01 → 2021-12-31dCons.Rate of return on equity (5-year summary)
ROE2.9%2020-01-01 → 2020-12-31dCons.Rate of return on equity (5-year summary)
ROE1.7%2019-01-01 → 2019-12-31dCons.Rate of return on equity (5-year summary)
Employees276at 2023-12-31Cons.Number of employees
Employees263at 2022-12-31Cons.Number of employees
Employees250at 2021-12-31dCons.Number of employees
Employees248at 2020-12-31dCons.Number of employees
Employees252at 2019-12-31dCons.Number of employees
Revenue¥11.0bn2023-01-01 → 2023-12-31StandaloneNet sales
Revenue¥10.5bn2022-01-01 → 2022-12-31StandaloneNet sales
Revenue¥9.1bn2021-01-01 → 2021-12-31dStandaloneNet sales (5-year summary)
Revenue¥8.0bn2020-01-01 → 2020-12-31dStandaloneNet sales (5-year summary)
Revenue¥8.1bn2019-01-01 → 2019-12-31dStandaloneNet sales (5-year summary)
Operating income¥1.1bn2023-01-01 → 2023-12-31StandaloneOperating income
Operating income¥848m2022-01-01 → 2022-12-31StandaloneOperating income
Ordinary income¥1.1bn2023-01-01 → 2023-12-31StandaloneOrdinary income
Ordinary income¥956m2022-01-01 → 2022-12-31StandaloneOrdinary income
Ordinary income¥467m2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥613m2020-01-01 → 2020-12-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥475m2019-01-01 → 2019-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥1.2bn2023-01-01 → 2023-12-31StandaloneIncome before income taxes
Profit before tax¥955m2022-01-01 → 2022-12-31StandaloneIncome before income taxes
Net income¥854m2023-01-01 → 2023-12-31StandaloneProfit loss
Net income¥662m2022-01-01 → 2022-12-31StandaloneProfit loss
Net income¥317m2021-01-01 → 2021-12-31dStandaloneNet income loss (5-year summary)
Net income¥256m2020-01-01 → 2020-12-31dStandaloneNet income loss (5-year summary)
Net income¥340m2019-01-01 → 2019-12-31dStandaloneNet income loss (5-year summary)
Total assets¥20.5bnat 2023-12-31StandaloneAssets
Total assets¥19.2bnat 2022-12-31StandaloneAssets
Total assets¥18.1bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total assets¥17.4bnat 2020-12-31dStandaloneTotal assets (5-year summary)
Total assets¥17.3bnat 2019-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥5.4bnat 2023-12-31StandaloneLiabilities
Total liabilities¥5.4bnat 2022-12-31StandaloneLiabilities
Net assets / equity¥15.1bnat 2023-12-31StandaloneNet assets
Net assets / equity¥13.9bnat 2022-12-31StandaloneNet assets
Net assets / equity¥13.6bnat 2021-12-31dStandaloneNet assets
Net assets / equity¥13.2bnat 2020-12-31dStandaloneNet assets (5-year summary)
Net assets / equity¥13.2bnat 2019-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥4.4bnat 2023-12-31StandaloneCash and deposits
Cash and deposits¥4.3bnat 2022-12-31StandaloneCash and deposits
EPS (basic)¥127.732023-01-01 → 2023-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥99.172022-01-01 → 2022-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥47.582021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥38.352020-01-01 → 2020-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥50.992019-01-01 → 2019-12-31dStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥352023-01-01 → 2023-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥302022-01-01 → 2022-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥252021-01-01 → 2021-12-31dStandaloneDividend paid per share (5-year summary)
Dividend per share¥252020-01-01 → 2020-12-31dStandaloneDividend paid per share (5-year summary)
Dividend per share¥252019-01-01 → 2019-12-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥2,262.96at 2023-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥2,079.34at 2022-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥2,034.32at 2021-12-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥1,981.54at 2020-12-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥1,983.26at 2019-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio73.8%at 2023-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio72.1%at 2022-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio75.0%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio76.1%at 2020-12-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio76.6%at 2019-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE5.9%2023-01-01 → 2023-12-31StandaloneRate of return on equity (5-year summary)
ROE4.8%2022-01-01 → 2022-12-31StandaloneRate of return on equity (5-year summary)
ROE2.4%2021-01-01 → 2021-12-31dStandaloneRate of return on equity (5-year summary)
ROE1.9%2020-01-01 → 2020-12-31dStandaloneRate of return on equity (5-year summary)
ROE2.6%2019-01-01 → 2019-12-31dStandaloneRate of return on equity (5-year summary)
Shares issued7,424,140at 2023-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued7,424,140at 2022-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued7,424,140at 2021-12-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued7,424,140at 2020-12-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued7,424,140at 2019-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees249at 2023-12-31StandaloneNumber of employees
Employees237at 2022-12-31StandaloneNumber of employees
Employees228at 2021-12-31dStandaloneNumber of employees
Employees229at 2020-12-31dStandaloneNumber of employees
Employees234at 2019-12-31dStandaloneNumber 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 · 39
SegmentItemPeriodValue
Reconciling Itemsreconcilingsegment assetsat 2023-12-31¥488m
Real Estate Rent Businessreportable segmentdepreciation2023-01-01 → 2023-12-31¥120m
Real Estate Rent Businessreportable segmentrevenue2023-01-01 → 2023-12-31¥578m
Real Estate Rent Businessreportable segmentrevenue external2023-01-01 → 2023-12-31¥578m
Real Estate Rent Businessreportable segmentsegment assetsat 2023-12-31¥1.9bn
Real Estate Rent Businessreportable segmentsegment profit2023-01-01 → 2023-12-31¥385m
Valve Businessreportable segmentcapex2023-01-01 → 2023-12-31¥435m
Valve Businessreportable segmentdepreciation2023-01-01 → 2023-12-31¥446m
Valve Businessreportable segmentemployeesat 2023-12-31267 pure
Valve Businessreportable segmentrevenue2023-01-01 → 2023-12-31¥10.6bn
Valve Businessreportable segmentrevenue external2023-01-01 → 2023-12-31¥10.6bn
Valve Businessreportable segmentsegment assetsat 2023-12-31¥18.7bn
Valve Businessreportable segmentsegment profit2023-01-01 → 2023-12-31¥637m
—segment totalcapex2023-01-01 → 2023-12-31¥435m
—segment totaldepreciation2023-01-01 → 2023-12-31¥566m
—segment totalrevenue2023-01-01 → 2023-12-31¥11.1bn
—segment totalrevenue external2023-01-01 → 2023-12-31¥11.1bn
—segment totalsegment assetsat 2023-12-31¥20.6bn
—segment totalsegment profit2023-01-01 → 2023-12-31¥1.0bn
Reconciling Itemsreconcilingsegment assetsat 2022-12-31¥487m
Real Estate Rent Businessreportable segmentcapex2022-01-01 → 2022-12-31¥33m
Real Estate Rent Businessreportable segmentdepreciation2022-01-01 → 2022-12-31¥120m
Real Estate Rent Businessreportable segmentrevenue2022-01-01 → 2022-12-31¥577m
Real Estate Rent Businessreportable segmentrevenue external2022-01-01 → 2022-12-31¥577m
Real Estate Rent Businessreportable segmentsegment assetsat 2022-12-31¥2.0bn
Real Estate Rent Businessreportable segmentsegment profit2022-01-01 → 2022-12-31¥383m
Valve Businessreportable segmentcapex2022-01-01 → 2022-12-31¥481m
Valve Businessreportable segmentdepreciation2022-01-01 → 2022-12-31¥348m
Valve Businessreportable segmentrevenue2022-01-01 → 2022-12-31¥10.6bn
Valve Businessreportable segmentrevenue external2022-01-01 → 2022-12-31¥10.6bn
Valve Businessreportable segmentsegment assetsat 2022-12-31¥17.3bn
Valve Businessreportable segmentsegment profit2022-01-01 → 2022-12-31¥714m
—segment totalcapex2022-01-01 → 2022-12-31¥514m
—segment totaldepreciation2022-01-01 → 2022-12-31¥468m
—segment totalrevenue2022-01-01 → 2022-12-31¥11.2bn
—segment totalrevenue external2022-01-01 → 2022-12-31¥11.2bn
—segment totalsegment assetsat 2022-12-31¥19.3bn
—segment totalsegment profit2022-01-01 → 2022-12-31¥1.1bn
Valve Businessreportable segmentemployeesat 2023-12-31240 pure

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

All source rows · 1,603
ItemContextValueUnit
LiabilitiesCurrentYearInstant5462370000JPY
Capital stockPrior1YearInstant395307000JPY
Capital stockCurrentYearInstant395307000JPY
Capital surplusPrior1YearInstant648247000JPY
Capital surplusCurrentYearInstant648858000JPY
Retained earningsPrior1YearInstant13100135000JPY
Retained earningsCurrentYearInstant13809041000JPY
Treasury stockPrior1YearInstant-722686000JPY
Treasury stockCurrentYearInstant-705934000JPY
Shareholders equityPrior1YearInstant13421003000JPY
Shareholders equityCurrentYearInstant14147271000JPY
Valuation difference on available for sale securitiesPrior1YearInstant854091000JPY
Valuation difference on available for sale securitiesCurrentYearInstant1448002000JPY
Foreign currency translation adjustmentPrior1YearInstant14209000JPY
Foreign currency translation adjustmentCurrentYearInstant40552000JPY
Valuation and translation adjustmentsPrior1YearInstant868301000JPY
Valuation and translation adjustmentsCurrentYearInstant1488555000JPY
Net assetsPrior1YearInstant14289305000JPY
Net assetsCurrentYearInstant15635827000JPY
Liabilities and net assetsPrior1YearInstant19788749000JPY
Liabilities and net assetsCurrentYearInstant21098197000JPY
Net sales of finished goods rev oaPrior1YearDuration8863506000JPY
Net sales of finished goods rev oaCurrentYearDuration9257280000JPY
Net sales of goods rev oaPrior1YearDuration308978000JPY
Net sales of goods rev oaCurrentYearDuration38526000JPY
Sales of processing scraps rev oaPrior1YearDuration1445850000JPY
Sales of processing scraps rev oaCurrentYearDuration1258202000JPY
Net sales of merchandise and finished goodsPrior1YearDuration10618336000JPY
Net sales of merchandise and finished goodsCurrentYearDuration10554010000JPY
Rent income of real estate rev oaPrior1YearDuration576931000JPY
Rent income of real estate rev oaCurrentYearDuration578032000JPY
Net salesPrior1YearDuration11195267000JPY
Net salesCurrentYearDuration11132042000JPY
Cost of salesPrior1YearDuration8952852000JPY
Cost of salesCurrentYearDuration8884745000JPY
Gross profitPrior1YearDuration2242415000JPY
Gross profitCurrentYearDuration2247296000JPY
Freightage expenses sgaPrior1YearDuration100611000JPY
Freightage expenses sgaCurrentYearDuration97259000JPY
Directors compensations sgaPrior1YearDuration157752000JPY
Directors compensations sgaCurrentYearDuration216093000JPY
Share based compensation expenses sgaPrior1YearDuration-JPY
Share based compensation expenses sgaCurrentYearDuration13032000JPY
Salaries sgaPrior1YearDuration257828000JPY
Salaries sgaCurrentYearDuration243160000JPY
Bonuses sgaPrior1YearDuration67398000JPY
Bonuses sgaCurrentYearDuration71904000JPY
Provision for bonuses sgaPrior1YearDuration9299000JPY
Provision for bonuses sgaCurrentYearDuration11368000JPY
Retirement benefit expenses sgaPrior1YearDuration10648000JPY

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 2022-12-31pass rounding
balance sheet identityconsolidated 2023-12-31pass
balance sheet identitynon_consolidated 2022-12-31pass rounding
balance sheet identitynon_consolidated 2023-12-31pass
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2021-12-31pass
statement vs summary · net assetsconsolidated 2022-12-31pass
statement vs summary · net assetsconsolidated 2023-12-31pass
statement vs summary · net assetsnon_consolidated 2021-12-31pass
statement vs summary · net assetsnon_consolidated 2022-12-31pass
statement vs summary · net assetsnon_consolidated 2023-12-31pass
statement vs summary · net income attributable to parentconsolidated 2022-01-01/2022-12-31pass
statement vs summary · net income attributable to parentconsolidated 2023-01-01/2023-12-31pass
statement vs summary · operating cash flowconsolidated 2022-01-01/2022-12-31pass
statement vs summary · operating cash flowconsolidated 2023-01-01/2023-12-31pass
statement vs summary · revenueconsolidated 2022-01-01/2022-12-31pass
statement vs summary · revenueconsolidated 2023-01-01/2023-12-31pass
statement vs summary · revenuenon_consolidated 2022-01-01/2022-12-31pass
statement vs summary · revenuenon_consolidated 2023-01-01/2023-12-31pass
statement vs summary · total assetsconsolidated 2022-12-31pass
statement vs summary · total assetsconsolidated 2023-12-31pass
statement vs summary · total assetsnon_consolidated 2022-12-31pass
statement vs summary · total assetsnon_consolidated 2023-12-31pass