Annual report

Period2021-01-01 → 2021-12-31
Filed2026-09-14
StandardJapan GAAP
ConsolidatedYes
Data checks22 of 24 passed

Amends S100NMHP. Amended by S100Z24Z (2026-09-14).

Key figures · 149
MetricValuePeriodScopeSource row
Revenue¥9.5bn2021-01-01 → 2021-12-31Cons.Net sales
Revenue¥8.3bn2020-01-01 → 2020-12-31Cons.Net sales
Revenue¥8.1bn2019-01-01 → 2019-12-31dCons.Net sales (5-year summary)
Revenue¥8.5bn2018-01-01 → 2018-12-31dCons.Net sales (5-year summary)
Revenue¥8.3bn2017-01-01 → 2017-12-31dCons.Net sales (5-year summary)
Operating income¥427m2021-01-01 → 2021-12-31Cons.Operating income
Operating income¥513m2020-01-01 → 2020-12-31Cons.Operating income
Ordinary income¥497m2021-01-01 → 2021-12-31Cons.Ordinary income
Ordinary income¥590m2020-01-01 → 2020-12-31Cons.Ordinary income
Ordinary income¥358m2019-01-01 → 2019-12-31dCons.Ordinary income loss (5-year summary)
Ordinary income¥517m2018-01-01 → 2018-12-31dCons.Ordinary income loss (5-year summary)
Ordinary income¥636m2017-01-01 → 2017-12-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥497m2021-01-01 → 2021-12-31Cons.Income before income taxes
Profit before tax¥583m2020-01-01 → 2020-12-31Cons.Income before income taxes
Net income (owners)¥353m2021-01-01 → 2021-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥397m2020-01-01 → 2020-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥225m2019-01-01 → 2019-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥316m2018-01-01 → 2018-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥434m2017-01-01 → 2017-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥353m2021-01-01 → 2021-12-31Cons.Profit loss
Net income¥397m2020-01-01 → 2020-12-31Cons.Profit loss
Total assets¥17.8bnat 2021-12-31Cons.Assets
Total assets¥17.0bnat 2020-12-31Cons.Assets
Total assets¥17.2bnat 2019-12-31dCons.Total assets (5-year summary)
Total assets¥17.0bnat 2018-12-31dCons.Total assets (5-year summary)
Total assets¥17.0bnat 2017-12-31dCons.Total assets (5-year summary)
Total liabilities¥4.6bnat 2021-12-31Cons.Liabilities
Total liabilities¥4.2bnat 2020-12-31Cons.Liabilities
Net assets / equity¥13.2bnat 2021-12-31Cons.Net assets
Net assets / equity¥12.8bnat 2020-12-31Cons.Net assets
Net assets / equity¥12.7bnat 2019-12-31dCons.Net assets
Net assets / equity¥13.1bnat 2019-12-31dCons.Net assets (5-year summary)
Net assets / equity¥12.7bnat 2018-12-31dCons.Net assets (5-year summary)
Net assets / equity¥12.8bnat 2017-12-31dCons.Net assets (5-year summary)
Cash and deposits¥3.9bnat 2021-12-31Cons.Cash and deposits
Cash and deposits¥3.9bnat 2020-12-31Cons.Cash and deposits
Cash & equivalents¥3.9bnat 2021-12-31Cons.Cash and cash equivalents
Cash & equivalents¥3.9bnat 2020-12-31Cons.Cash and cash equivalents
Cash & equivalents¥3.5bnat 2019-12-31dCons.Cash and cash equivalents
Cash & equivalents¥3.6bnat 2018-12-31dCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥3.8bnat 2017-12-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥412m2021-01-01 → 2021-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥1.1bn2020-01-01 → 2020-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥279m2019-01-01 → 2019-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥708m2018-01-01 → 2018-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥588m2017-01-01 → 2017-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥193m2021-01-01 → 2021-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥525m2020-01-01 → 2020-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥191m2019-01-01 → 2019-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥706m2018-01-01 → 2018-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥935m2017-01-01 → 2017-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥208m2021-01-01 → 2021-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥212m2020-01-01 → 2020-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥210m2019-01-01 → 2019-12-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥205m2018-01-01 → 2018-12-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥426m2017-01-01 → 2017-12-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥52.922021-01-01 → 2021-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥59.522020-01-01 → 2020-12-31Cons.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)
EPS (basic)¥47.332018-01-01 → 2018-12-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥63.622017-01-01 → 2017-12-31dCons.Basic earnings loss per share (5-year summary)
Net assets per share¥1,979.11at 2021-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,919.97at 2020-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,963.23at 2019-12-31dCons.Net assets per share (5-year summary)
Net assets per share¥1,906.19at 2018-12-31dCons.Net assets per share (5-year summary)
Net assets per share¥1,917.36at 2017-12-31dCons.Net assets per share (5-year summary)
Equity ratio74.1%at 2021-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio75.3%at 2020-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio76.3%at 2019-12-31dCons.Equity to asset ratio (5-year summary)
Equity ratio74.9%at 2018-12-31dCons.Equity to asset ratio (5-year summary)
Equity ratio75.1%at 2017-12-31dCons.Equity to asset ratio (5-year summary)
ROE2.7%2021-01-01 → 2021-12-31Cons.Rate of return on equity (5-year summary)
ROE3.1%2020-01-01 → 2020-12-31Cons.Rate of return on equity (5-year summary)
ROE1.7%2019-01-01 → 2019-12-31dCons.Rate of return on equity (5-year summary)
ROE2.5%2018-01-01 → 2018-12-31dCons.Rate of return on equity (5-year summary)
ROE3.4%2017-01-01 → 2017-12-31dCons.Rate of return on equity (5-year summary)
Employees250at 2021-12-31Cons.Number of employees
Employees248at 2020-12-31Cons.Number of employees
Employees252at 2019-12-31dCons.Number of employees
Employees245at 2018-12-31dCons.Number of employees
Employees223at 2017-12-31dCons.Number of employees
Revenue¥9.1bn2021-01-01 → 2021-12-31StandaloneNet sales
Revenue¥8.0bn2020-01-01 → 2020-12-31StandaloneNet sales
Revenue¥8.1bn2019-01-01 → 2019-12-31dStandaloneNet sales (5-year summary)
Revenue¥8.3bn2018-01-01 → 2018-12-31dStandaloneNet sales (5-year summary)
Revenue¥8.2bn2017-01-01 → 2017-12-31dStandaloneNet sales (5-year summary)
Operating income¥320m2021-01-01 → 2021-12-31StandaloneOperating income
Operating income¥552m2020-01-01 → 2020-12-31StandaloneOperating income
Ordinary income¥382m2021-01-01 → 2021-12-31StandaloneOrdinary income
Ordinary income¥631m2020-01-01 → 2020-12-31StandaloneOrdinary income
Ordinary income¥475m2019-01-01 → 2019-12-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥646m2018-01-01 → 2018-12-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥714m2017-01-01 → 2017-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥382m2021-01-01 → 2021-12-31StandaloneIncome before income taxes
Profit before tax¥462m2020-01-01 → 2020-12-31StandaloneIncome before income taxes
Net income¥237m2021-01-01 → 2021-12-31StandaloneProfit loss
Net income¥276m2020-01-01 → 2020-12-31StandaloneProfit loss
Net income¥340m2019-01-01 → 2019-12-31dStandaloneNet income loss (5-year summary)
Net income−¥255m2018-01-01 → 2018-12-31dStandaloneNet income loss (5-year summary)
Net income¥513m2017-01-01 → 2017-12-31dStandaloneNet income loss (5-year summary)
Total assets¥17.6bnat 2021-12-31StandaloneAssets
Total assets¥17.0bnat 2020-12-31StandaloneAssets
Total assets¥17.3bnat 2019-12-31dStandaloneTotal assets (5-year summary)
Total assets¥16.9bnat 2018-12-31dStandaloneTotal assets (5-year summary)
Total assets¥17.6bnat 2017-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥4.5bnat 2021-12-31StandaloneLiabilities
Total liabilities¥4.1bnat 2020-12-31StandaloneLiabilities
Net assets / equity¥13.1bnat 2021-12-31StandaloneNet assets
Net assets / equity¥12.8bnat 2020-12-31StandaloneNet assets
Net assets / equity¥12.8bnat 2019-12-31dStandaloneNet assets
Net assets / equity¥13.2bnat 2019-12-31dStandaloneNet assets (5-year summary)
Net assets / equity¥12.7bnat 2018-12-31dStandaloneNet assets (5-year summary)
Net assets / equity¥13.3bnat 2017-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥3.7bnat 2021-12-31StandaloneCash and deposits
Cash and deposits¥3.8bnat 2020-12-31StandaloneCash and deposits
EPS (basic)¥35.532021-01-01 → 2021-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥41.32020-01-01 → 2020-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥50.992019-01-01 → 2019-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-38.152018-01-01 → 2018-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥75.082017-01-01 → 2017-12-31dStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥252021-01-01 → 2021-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥252020-01-01 → 2020-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥252019-01-01 → 2019-12-31dStandaloneDividend paid per share (5-year summary)
Dividend per share¥252018-01-01 → 2018-12-31dStandaloneDividend paid per share (5-year summary)
Dividend per share¥252017-01-01 → 2017-12-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥1,963.2at 2021-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,921.92at 2020-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,983.26at 2019-12-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥1,906.74at 2018-12-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥1,998.72at 2017-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio74.4%at 2021-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio75.6%at 2020-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio76.6%at 2019-12-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio75.1%at 2018-12-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio76.0%at 2017-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE1.8%2021-01-01 → 2021-12-31StandaloneRate of return on equity (5-year summary)
ROE2.1%2020-01-01 → 2020-12-31StandaloneRate of return on equity (5-year summary)
ROE2.6%2019-01-01 → 2019-12-31dStandaloneRate of return on equity (5-year summary)
ROE3.9%2017-01-01 → 2017-12-31dStandaloneRate of return on equity (5-year summary)
Shares issued7,424,140at 2021-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued7,424,140at 2020-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued7,424,140at 2019-12-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued7,424,140at 2018-12-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued7,424,140at 2017-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees228at 2021-12-31StandaloneNumber of employees
Employees229at 2020-12-31StandaloneNumber of employees
Employees234at 2019-12-31dStandaloneNumber of employees
Employees228at 2018-12-31dStandaloneNumber of employees
Employees207at 2017-12-31dStandaloneNumber 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 2021-12-31¥450m
Real Estate Rent Businessreportable segmentdepreciation2021-01-01 → 2021-12-31¥117m
Real Estate Rent Businessreportable segmentrevenue2021-01-01 → 2021-12-31¥578m
Real Estate Rent Businessreportable segmentrevenue external2021-01-01 → 2021-12-31¥578m
Real Estate Rent Businessreportable segmentsegment assetsat 2021-12-31¥2.1bn
Real Estate Rent Businessreportable segmentsegment profit2021-01-01 → 2021-12-31¥389m
Valve Businessreportable segmentcapex2021-01-01 → 2021-12-31¥280m
Valve Businessreportable segmentdepreciation2021-01-01 → 2021-12-31¥320m
Valve Businessreportable segmentemployeesat 2021-12-31241 pure
Valve Businessreportable segmentrevenue2021-01-01 → 2021-12-31¥8.9bn
Valve Businessreportable segmentrevenue external2021-01-01 → 2021-12-31¥8.9bn
Valve Businessreportable segmentsegment assetsat 2021-12-31¥15.3bn
Valve Businessreportable segmentsegment profit2021-01-01 → 2021-12-31¥39m
—segment totalcapex2021-01-01 → 2021-12-31¥280m
—segment totaldepreciation2021-01-01 → 2021-12-31¥437m
—segment totalrevenue2021-01-01 → 2021-12-31¥9.5bn
—segment totalrevenue external2021-01-01 → 2021-12-31¥9.5bn
—segment totalsegment assetsat 2021-12-31¥17.4bn
—segment totalsegment profit2021-01-01 → 2021-12-31¥427m
Reconciling Itemsreconcilingsegment assetsat 2020-12-31¥526m
Real Estate Rent Businessreportable segmentdepreciation2020-01-01 → 2020-12-31¥118m
Real Estate Rent Businessreportable segmentrevenue2020-01-01 → 2020-12-31¥576m
Real Estate Rent Businessreportable segmentrevenue external2020-01-01 → 2020-12-31¥576m
Real Estate Rent Businessreportable segmentsegment assetsat 2020-12-31¥2.2bn
Real Estate Rent Businessreportable segmentsegment profit2020-01-01 → 2020-12-31¥383m
Valve Businessreportable segmentcapex2020-01-01 → 2020-12-31¥649m
Valve Businessreportable segmentdepreciation2020-01-01 → 2020-12-31¥311m
Valve Businessreportable segmentrevenue2020-01-01 → 2020-12-31¥7.7bn
Valve Businessreportable segmentrevenue external2020-01-01 → 2020-12-31¥7.7bn
Valve Businessreportable segmentsegment assetsat 2020-12-31¥14.3bn
Valve Businessreportable segmentsegment profit2020-01-01 → 2020-12-31¥130m
—segment totalcapex2020-01-01 → 2020-12-31¥649m
—segment totaldepreciation2020-01-01 → 2020-12-31¥429m
—segment totalrevenue2020-01-01 → 2020-12-31¥8.3bn
—segment totalrevenue external2020-01-01 → 2020-12-31¥8.3bn
—segment totalsegment assetsat 2020-12-31¥16.5bn
—segment totalsegment profit2020-01-01 → 2020-12-31¥513m
Valve Businessreportable segmentemployeesat 2021-12-31219 pure

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

All source rows · 1,653
ItemContextValueUnit
Basic earnings loss per share (5-year summary)Prior3YearDuration_NonConsolidatedMember-38.15
Basic earnings loss per share (5-year summary)Prior2YearDuration_NonConsolidatedMember50.99
Basic earnings loss per share (5-year summary)Prior1YearDuration_NonConsolidatedMember41.30
Basic earnings loss per share (5-year summary)CurrentYearDuration_NonConsolidatedMember35.53
Diluted earnings per share (5-year summary)Prior4YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)Prior2YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)Prior1YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)CurrentYearDuration_NonConsolidatedMember-
Equity to asset ratio (5-year summary)Prior4YearInstant_NonConsolidatedMember0.760
Equity to asset ratio (5-year summary)Prior3YearInstant_NonConsolidatedMember0.751
Equity to asset ratio (5-year summary)Prior2YearInstant_NonConsolidatedMember0.766
Equity to asset ratio (5-year summary)Prior1YearInstant_NonConsolidatedMember0.756
Equity to asset ratio (5-year summary)CurrentYearInstant_NonConsolidatedMember0.744
Rate of return on equity (5-year summary)Prior4YearDuration_NonConsolidatedMember0.039
Rate of return on equity (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Rate of return on equity (5-year summary)Prior2YearDuration_NonConsolidatedMember0.026
Rate of return on equity (5-year summary)Prior1YearDuration_NonConsolidatedMember0.021
Rate of return on equity (5-year summary)CurrentYearDuration_NonConsolidatedMember0.018
Price earnings ratio (5-year summary)Prior4YearDuration_NonConsolidatedMember17.0
Price earnings ratio (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Price earnings ratio (5-year summary)Prior2YearDuration_NonConsolidatedMember18.3
Price earnings ratio (5-year summary)Prior1YearDuration_NonConsolidatedMember31.3
Price earnings ratio (5-year summary)CurrentYearDuration_NonConsolidatedMember25.1
Payout ratio (5-year summary)Prior4YearDuration_NonConsolidatedMember0.333
Payout ratio (5-year summary)Prior3YearDuration_NonConsolidatedMember-
Payout ratio (5-year summary)Prior2YearDuration_NonConsolidatedMember0.490
Payout ratio (5-year summary)Prior1YearDuration_NonConsolidatedMember0.605
Payout ratio (5-year summary)CurrentYearDuration_NonConsolidatedMember0.704
Number of employeesPrior4YearInstant_NonConsolidatedMember207
Number of employeesPrior3YearInstant_NonConsolidatedMember228
Number of employeesPrior2YearInstant_NonConsolidatedMember234
Number of employeesPrior1YearInstant_NonConsolidatedMember229
Number of employeesCurrentYearInstant_NonConsolidatedMember228
Average number of temporary workersPrior4YearInstant_NonConsolidatedMember87
Average number of temporary workersPrior3YearInstant_NonConsolidatedMember84
Average number of temporary workersPrior2YearInstant_NonConsolidatedMember79
Average number of temporary workersPrior1YearInstant_NonConsolidatedMember78
Average number of temporary workersCurrentYearInstant_NonConsolidatedMember84
Total shareholder returnPrior4YearInstant_NonConsolidatedMember1.343
Total shareholder returnPrior3YearInstant_NonConsolidatedMember1.114
Total shareholder returnPrior2YearInstant_NonConsolidatedMember1.040
Total shareholder returnPrior1YearInstant_NonConsolidatedMember1.440
Total shareholder returnCurrentYearInstant_NonConsolidatedMember1.051
Total return on share price indexPrior4YearInstant_NonConsolidatedMember1.428
Total return on share price indexPrior3YearInstant_NonConsolidatedMember1.114
Total return on share price indexPrior2YearInstant_NonConsolidatedMember1.419
Total return on share price indexPrior1YearInstant_NonConsolidatedMember1.480
Total return on share price indexCurrentYearInstant_NonConsolidatedMember1.440
Number of employeesCurrentYearInstant_jpcrp030000-asr_E01652-000ValveBusinessReportableSegmentsMember241

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 · 22 of 24 passed
balance sheet identityconsolidated 2020-12-31pass
balance sheet identityconsolidated 2021-12-31pass rounding
balance sheet identitynon_consolidated 2020-12-31pass rounding
balance sheet identitynon_consolidated 2021-12-31pass
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2019-12-31mismatch
statement vs summary · net assetsconsolidated 2020-12-31pass
statement vs summary · net assetsconsolidated 2021-12-31pass
statement vs summary · net assetsnon_consolidated 2019-12-31mismatch
statement vs summary · net assetsnon_consolidated 2020-12-31pass
statement vs summary · net assetsnon_consolidated 2021-12-31pass
statement vs summary · net income attributable to parentconsolidated 2020-01-01/2020-12-31pass
statement vs summary · net income attributable to parentconsolidated 2021-01-01/2021-12-31pass
statement vs summary · operating cash flowconsolidated 2020-01-01/2020-12-31pass
statement vs summary · operating cash flowconsolidated 2021-01-01/2021-12-31pass
statement vs summary · revenueconsolidated 2020-01-01/2020-12-31pass
statement vs summary · revenueconsolidated 2021-01-01/2021-12-31pass
statement vs summary · revenuenon_consolidated 2020-01-01/2020-12-31pass
statement vs summary · revenuenon_consolidated 2021-01-01/2021-12-31pass
statement vs summary · total assetsconsolidated 2020-12-31pass
statement vs summary · total assetsconsolidated 2021-12-31pass
statement vs summary · total assetsnon_consolidated 2020-12-31pass
statement vs summary · total assetsnon_consolidated 2021-12-31pass