Annual report

Period2024-01-01 → 2024-12-31
Filed2025-03-31
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed

Amended by S100Z20J (2026-09-14).

Key figures · 148
MetricValuePeriodScopeSource row
Revenue¥12.1bn2024-01-01 → 2024-12-31Cons.Net sales
Revenue¥11.1bn2023-01-01 → 2023-12-31Cons.Net sales
Revenue¥11.2bn2022-01-01 → 2022-12-31dCons.Net sales (5-year summary)
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)
Operating income¥1.1bn2024-01-01 → 2024-12-31Cons.Operating income
Operating income¥1.0bn2023-01-01 → 2023-12-31Cons.Operating income
Ordinary income¥1.2bn2024-01-01 → 2024-12-31Cons.Ordinary income
Ordinary income¥1.1bn2023-01-01 → 2023-12-31Cons.Ordinary income
Ordinary income¥1.2bn2022-01-01 → 2022-12-31dCons.Ordinary income loss (5-year summary)
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)
Profit before tax¥750m2024-01-01 → 2024-12-31Cons.Income before income taxes
Profit before tax¥1.3bn2023-01-01 → 2023-12-31Cons.Income before income taxes
Net income (owners)¥397m2024-01-01 → 2024-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥909m2023-01-01 → 2023-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥949m2022-01-01 → 2022-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
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¥397m2024-01-01 → 2024-12-31Cons.Profit loss
Net income¥909m2023-01-01 → 2023-12-31Cons.Profit loss
Total assets¥21.6bnat 2024-12-31Cons.Assets
Total assets¥21.1bnat 2023-12-31Cons.Assets
Total assets¥19.8bnat 2022-12-31dCons.Total assets (5-year summary)
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 liabilities¥5.6bnat 2024-12-31Cons.Liabilities
Total liabilities¥5.5bnat 2023-12-31Cons.Liabilities
Net assets / equity¥16.1bnat 2024-12-31Cons.Net assets
Net assets / equity¥15.6bnat 2023-12-31Cons.Net assets
Net assets / equity¥14.3bnat 2022-12-31dCons.Net assets
Net assets / equity¥13.7bnat 2021-12-31dCons.Net assets (5-year summary)
Net assets / equity¥13.2bnat 2020-12-31dCons.Net assets (5-year summary)
Cash and deposits¥4.3bnat 2024-12-31Cons.Cash and deposits
Cash and deposits¥4.6bnat 2023-12-31Cons.Cash and deposits
Cash & equivalents¥4.4bnat 2024-12-31Cons.Cash and cash equivalents
Cash & equivalents¥4.6bnat 2023-12-31Cons.Cash and cash equivalents
Cash & equivalents¥4.5bnat 2022-12-31dCons.Cash and cash equivalents
Cash & equivalents¥3.9bnat 2021-12-31dCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥3.9bnat 2020-12-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥536m2024-01-01 → 2024-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥324m2023-01-01 → 2023-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥1.1bn2022-01-01 → 2022-12-31dCons.Net cash provided by used in operating activities (5-year summary)
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)
Investing cash flow−¥443m2024-01-01 → 2024-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥10m2023-01-01 → 2023-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥322m2022-01-01 → 2022-12-31dCons.Net cash provided by used in investing activities (5-year summary)
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)
Financing cash flow−¥310m2024-01-01 → 2024-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥238m2023-01-01 → 2023-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥207m2022-01-01 → 2022-12-31dCons.Net cash provided by used in financing activities (5-year summary)
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)
EPS (basic)¥59.232024-01-01 → 2024-12-31Cons.Basic earnings loss per share (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 → 2022-12-31dCons.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)
Net assets per share¥2,395.16at 2024-12-31Cons.Net assets 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 2022-12-31dCons.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)
Equity ratio74.2%at 2024-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio74.1%at 2023-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio72.2%at 2022-12-31dCons.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)
ROE2.5%2024-01-01 → 2024-12-31Cons.Rate of return on equity (5-year summary)
ROE6.1%2023-01-01 → 2023-12-31Cons.Rate of return on equity (5-year summary)
ROE6.8%2022-01-01 → 2022-12-31dCons.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)
Employees288at 2024-12-31Cons.Number of employees
Employees276at 2023-12-31Cons.Number of employees
Employees263at 2022-12-31dCons.Number of employees
Employees250at 2021-12-31dCons.Number of employees
Employees248at 2020-12-31dCons.Number of employees
Revenue¥11.7bn2024-01-01 → 2024-12-31StandaloneNet sales
Revenue¥11.0bn2023-01-01 → 2023-12-31StandaloneNet sales
Revenue¥10.5bn2022-01-01 → 2022-12-31dStandaloneNet sales (5-year summary)
Revenue¥9.1bn2021-01-01 → 2021-12-31dStandaloneNet sales (5-year summary)
Revenue¥8.0bn2020-01-01 → 2020-12-31dStandaloneNet sales (5-year summary)
Operating income¥1.0bn2024-01-01 → 2024-12-31StandaloneOperating income
Operating income¥1.1bn2023-01-01 → 2023-12-31StandaloneOperating income
Ordinary income¥1.1bn2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income¥1.1bn2023-01-01 → 2023-12-31StandaloneOrdinary income
Ordinary income¥956m2022-01-01 → 2022-12-31dStandaloneOrdinary income loss (5-year summary)
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)
Profit before tax¥686m2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Profit before tax¥1.2bn2023-01-01 → 2023-12-31StandaloneIncome before income taxes
Net income¥330m2024-01-01 → 2024-12-31StandaloneProfit loss
Net income¥854m2023-01-01 → 2023-12-31StandaloneProfit loss
Net income¥662m2022-01-01 → 2022-12-31dStandaloneNet income loss (5-year summary)
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)
Total assets¥21.0bnat 2024-12-31StandaloneAssets
Total assets¥20.5bnat 2023-12-31StandaloneAssets
Total assets¥19.2bnat 2022-12-31dStandaloneTotal assets (5-year summary)
Total assets¥18.1bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total assets¥17.4bnat 2020-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥5.5bnat 2024-12-31StandaloneLiabilities
Total liabilities¥5.4bnat 2023-12-31StandaloneLiabilities
Net assets / equity¥15.5bnat 2024-12-31StandaloneNet assets
Net assets / equity¥15.1bnat 2023-12-31StandaloneNet assets
Net assets / equity¥13.9bnat 2022-12-31dStandaloneNet assets
Net assets / equity¥13.6bnat 2021-12-31dStandaloneNet assets (5-year summary)
Net assets / equity¥13.2bnat 2020-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥4.2bnat 2024-12-31StandaloneCash and deposits
Cash and deposits¥4.4bnat 2023-12-31StandaloneCash and deposits
EPS (basic)¥49.242024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥127.732023-01-01 → 2023-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥99.172022-01-01 → 2022-12-31dStandaloneBasic 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)
Dividend per share¥352024-01-01 → 2024-12-31StandaloneDividend paid 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 → 2022-12-31dStandaloneDividend 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)
Net assets per share¥2,313.4at 2024-12-31StandaloneNet assets 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 2022-12-31dStandaloneNet 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)
Equity ratio73.7%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio73.8%at 2023-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio72.1%at 2022-12-31dStandaloneEquity 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)
ROE2.2%2024-01-01 → 2024-12-31StandaloneRate of return on equity (5-year summary)
ROE5.9%2023-01-01 → 2023-12-31StandaloneRate of return on equity (5-year summary)
ROE4.8%2022-01-01 → 2022-12-31dStandaloneRate 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)
Shares issued7,424,140at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued7,424,140at 2023-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued7,424,140at 2022-12-31dStandaloneTotal 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)
Employees262at 2024-12-31StandaloneNumber of employees
Employees249at 2023-12-31StandaloneNumber of employees
Employees237at 2022-12-31dStandaloneNumber of employees
Employees228at 2021-12-31dStandaloneNumber of employees
Employees229at 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 · 38
SegmentItemPeriodValue
Reconciling Itemsreconcilingsegment assetsat 2024-12-31¥506m
Real Estate Rent Businessreportable segmentdepreciation2024-01-01 → 2024-12-31¥119m
Real Estate Rent Businessreportable segmentrevenue2024-01-01 → 2024-12-31¥578m
Real Estate Rent Businessreportable segmentrevenue external2024-01-01 → 2024-12-31¥578m
Real Estate Rent Businessreportable segmentsegment assetsat 2024-12-31¥1.8bn
Real Estate Rent Businessreportable segmentsegment profit2024-01-01 → 2024-12-31¥384m
Valve Businessreportable segmentcapex2024-01-01 → 2024-12-31¥474m
Valve Businessreportable segmentdepreciation2024-01-01 → 2024-12-31¥446m
Valve Businessreportable segmentemployeesat 2024-12-31279 pure
Valve Businessreportable segmentrevenue2024-01-01 → 2024-12-31¥11.5bn
Valve Businessreportable segmentrevenue external2024-01-01 → 2024-12-31¥11.5bn
Valve Businessreportable segmentsegment assetsat 2024-12-31¥19.4bn
Valve Businessreportable segmentsegment profit2024-01-01 → 2024-12-31¥734m
—segment totalcapex2024-01-01 → 2024-12-31¥474m
—segment totaldepreciation2024-01-01 → 2024-12-31¥565m
—segment totalrevenue2024-01-01 → 2024-12-31¥12.1bn
—segment totalrevenue external2024-01-01 → 2024-12-31¥12.1bn
—segment totalsegment assetsat 2024-12-31¥21.1bn
—segment totalsegment profit2024-01-01 → 2024-12-31¥1.1bn
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 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
Valve Businessreportable segmentemployeesat 2024-12-31253 pure

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

All source rows · 1,589
ItemContextValueUnit
AssetsPrior1YearInstant21098197000JPY
AssetsCurrentYearInstant21646381000JPY
Notes payable tradePrior1YearInstant121323000JPY
Notes payable tradeCurrentYearInstant86009000JPY
Accounts payable tradePrior1YearInstant585421000JPY
Accounts payable tradeCurrentYearInstant685189000JPY
Electronically recorded obligations operating clPrior1YearInstant1950931000JPY
Electronically recorded obligations operating clCurrentYearInstant2080213000JPY
Accounts payable otherPrior1YearInstant150112000JPY
Accounts payable otherCurrentYearInstant175804000JPY
Income taxes payablePrior1YearInstant314004000JPY
Income taxes payableCurrentYearInstant123630000JPY
Accrued consumption taxesPrior1YearInstant83978000JPY
Accrued consumption taxesCurrentYearInstant53178000JPY
Accrued expensesPrior1YearInstant65230000JPY
Accrued expensesCurrentYearInstant71029000JPY
Advances receivedPrior1YearInstant51369000JPY
Advances receivedCurrentYearInstant49280000JPY
Deposits receivedPrior1YearInstant57649000JPY
Deposits receivedCurrentYearInstant57401000JPY
Lease obligations clPrior1YearInstant33763000JPY
Lease obligations clCurrentYearInstant44292000JPY
Provision for bonusesPrior1YearInstant56000000JPY
Provision for bonusesCurrentYearInstant54900000JPY
Notes payable facilitiesPrior1YearInstant11260000JPY
Notes payable facilitiesCurrentYearInstant6952000JPY
Current liabilitiesPrior1YearInstant3481046000JPY
Current liabilitiesCurrentYearInstant3487880000JPY
Long term accounts payable otherPrior1YearInstant144100000JPY
Long term accounts payable otherCurrentYearInstant144100000JPY
Net defined benefit liabilityPrior1YearInstant767009000JPY
Net defined benefit liabilityCurrentYearInstant689414000JPY
Long term guarantee depositedPrior1YearInstant696369000JPY
Long term guarantee depositedCurrentYearInstant696369000JPY
Lease obligations nclPrior1YearInstant70393000JPY
Lease obligations nclCurrentYearInstant117361000JPY
Deferred tax liabilitiesPrior1YearInstant303451000JPY
Deferred tax liabilitiesCurrentYearInstant453931000JPY
Noncurrent liabilitiesPrior1YearInstant1981323000JPY
Noncurrent liabilitiesCurrentYearInstant2101177000JPY
LiabilitiesPrior1YearInstant5462370000JPY
LiabilitiesCurrentYearInstant5589058000JPY
Capital stockPrior1YearInstant395307000JPY
Capital stockCurrentYearInstant395307000JPY
Capital surplusPrior1YearInstant648858000JPY
Capital surplusCurrentYearInstant652394000JPY
Retained earningsPrior1YearInstant13809041000JPY
Retained earningsCurrentYearInstant13938002000JPY
Treasury stockPrior1YearInstant-705934000JPY
Treasury stockCurrentYearInstant-692284000JPY

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 2023-12-31pass
balance sheet identityconsolidated 2024-12-31pass
balance sheet identitynon_consolidated 2023-12-31pass
balance sheet identitynon_consolidated 2024-12-31pass
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2022-12-31pass
statement vs summary · net assetsconsolidated 2023-12-31pass
statement vs summary · net assetsconsolidated 2024-12-31pass
statement vs summary · net assetsnon_consolidated 2022-12-31pass
statement vs summary · net assetsnon_consolidated 2023-12-31pass
statement vs summary · net assetsnon_consolidated 2024-12-31pass
statement vs summary · net income attributable to parentconsolidated 2023-01-01/2023-12-31pass
statement vs summary · net income attributable to parentconsolidated 2024-01-01/2024-12-31pass
statement vs summary · operating cash flowconsolidated 2023-01-01/2023-12-31pass
statement vs summary · operating cash flowconsolidated 2024-01-01/2024-12-31pass
statement vs summary · revenueconsolidated 2023-01-01/2023-12-31pass
statement vs summary · revenueconsolidated 2024-01-01/2024-12-31pass
statement vs summary · revenuenon_consolidated 2023-01-01/2023-12-31pass
statement vs summary · revenuenon_consolidated 2024-01-01/2024-12-31pass
statement vs summary · total assetsconsolidated 2023-12-31pass
statement vs summary · total assetsconsolidated 2024-12-31pass
statement vs summary · total assetsnon_consolidated 2023-12-31pass
statement vs summary · total assetsnon_consolidated 2024-12-31pass