Annual report

Period2021-01-01 → 2021-12-31

Filed2024-03-25

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Amends S100NPR6. Amended by S100T474 (2024-03-25).

Key figures · 158

Metric	Value	Period	Scope	Source row
Revenue	¥19.3bn	2021-01-01 → 2021-12-31	Cons.	Net sales
Revenue	¥21.7bn	2020-01-01 → 2020-12-31	Cons.	Net sales
Revenue	¥28.4bn	2019-01-01 → 2019-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥28.5bn	2018-01-01 → 2018-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥29.5bn	2017-01-01 → 2017-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥463m	2021-01-01 → 2021-12-31	Cons.	Operating income
Operating income	¥381m	2020-01-01 → 2020-12-31	Cons.	Operating income
Ordinary income	¥472m	2021-01-01 → 2021-12-31	Cons.	Ordinary income
Ordinary income	¥408m	2020-01-01 → 2020-12-31	Cons.	Ordinary income
Ordinary income	¥1.3bn	2019-01-01 → 2019-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥1.3bn	2018-01-01 → 2018-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥1.5bn	2017-01-01 → 2017-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥467m	2021-01-01 → 2021-12-31	Cons.	Income before income taxes
Profit before tax	¥644m	2020-01-01 → 2020-12-31	Cons.	Income before income taxes
Net income (owners)	¥297m	2021-01-01 → 2021-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥357m	2020-01-01 → 2020-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥964m	2019-01-01 → 2019-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥955m	2018-01-01 → 2018-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥991m	2017-01-01 → 2017-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥297m	2021-01-01 → 2021-12-31	Cons.	Profit loss
Net income	¥357m	2020-01-01 → 2020-12-31	Cons.	Profit loss
Total assets	¥16.8bn	at 2021-12-31	Cons.	Assets
Total assets	¥15.3bn	at 2020-12-31	Cons.	Assets
Total assets	¥18.7bn	at 2019-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥17.7bn	at 2018-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥17.6bn	at 2017-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥5.9bn	at 2021-12-31	Cons.	Liabilities
Total liabilities	¥4.8bn	at 2020-12-31	Cons.	Liabilities
Net assets / equity	¥10.9bn	at 2021-12-31	Cons.	Net assets
Net assets / equity	¥10.5bn	at 2020-12-31	Cons.	Net assets
Net assets / equity	¥10.6bn	at 2019-12-31^d	Cons.	Net assets
Net assets / equity	¥9.7bn	at 2018-12-31^d	Cons.	Net assets (5-year summary)
Net assets / equity	¥9.4bn	at 2017-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥9.3bn	at 2021-12-31	Cons.	Cash and deposits
Cash and deposits	¥8.8bn	at 2020-12-31	Cons.	Cash and deposits
Cash & equivalents	¥8.7bn	at 2021-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥8.2bn	at 2020-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥8.0bn	at 2019-12-31^d	Cons.	Cash and cash equivalents
Cash & equivalents	¥7.1bn	at 2018-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥7.7bn	at 2017-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥537m	2021-01-01 → 2021-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥447m	2020-01-01 → 2020-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥635m	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥626m	2018-01-01 → 2018-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥1.4bn	2017-01-01 → 2017-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	¥16m	2021-01-01 → 2021-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	¥250m	2020-01-01 → 2020-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	¥588m	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥702m	2018-01-01 → 2018-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	¥8m	2017-01-01 → 2017-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥192m	2021-01-01 → 2021-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥438m	2020-01-01 → 2020-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥338m	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥353m	2018-01-01 → 2018-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥294m	2017-01-01 → 2017-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥29.05	2021-01-01 → 2021-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥35.25	2020-01-01 → 2020-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥97.29	2019-01-01 → 2019-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥96.97	2018-01-01 → 2018-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥100.7	2017-01-01 → 2017-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥28.27	2021-01-01 → 2021-12-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥34.1	2020-01-01 → 2020-12-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥92.66	2019-01-01 → 2019-12-31^d	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥91.59	2018-01-01 → 2018-12-31^d	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥94.82	2017-01-01 → 2017-12-31^d	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥1,059.8	at 2021-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,032.68	at 2020-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,050.7	at 2019-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥983.64	at 2018-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥950.2	at 2017-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	64.6%	at 2021-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	68.6%	at 2020-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	56.7%	at 2019-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	54.9%	at 2018-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	53.2%	at 2017-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	2.8%	2021-01-01 → 2021-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	3.4%	2020-01-01 → 2020-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	9.5%	2019-01-01 → 2019-12-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	10.0%	2018-01-01 → 2018-12-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	11.1%	2017-01-01 → 2017-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	570	at 2021-12-31	Cons.	Number of employees
Employees	598	at 2020-12-31	Cons.	Number of employees
Employees	605	at 2019-12-31^d	Cons.	Number of employees
Employees	625	at 2018-12-31^d	Cons.	Number of employees
Employees	610	at 2017-12-31^d	Cons.	Number of employees
Revenue	¥16.0bn	2021-01-01 → 2021-12-31	Standalone	Net sales
Revenue	¥19.4bn	2020-01-01 → 2020-12-31	Standalone	Net sales
Revenue	¥24.6bn	2019-01-01 → 2019-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥25.4bn	2018-01-01 → 2018-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥26.8bn	2017-01-01 → 2017-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥384m	2021-01-01 → 2021-12-31	Standalone	Operating income
Operating income	¥427m	2020-01-01 → 2020-12-31	Standalone	Operating income
Ordinary income	¥433m	2021-01-01 → 2021-12-31	Standalone	Ordinary income
Ordinary income	¥435m	2020-01-01 → 2020-12-31	Standalone	Ordinary income
Ordinary income	¥936m	2019-01-01 → 2019-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥1.1bn	2018-01-01 → 2018-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥1.3bn	2017-01-01 → 2017-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥310m	2021-01-01 → 2021-12-31	Standalone	Income before income taxes
Profit before tax	¥543m	2020-01-01 → 2020-12-31	Standalone	Income before income taxes
Net income	¥157m	2021-01-01 → 2021-12-31	Standalone	Profit loss
Net income	¥328m	2020-01-01 → 2020-12-31	Standalone	Profit loss
Net income	¥694m	2019-01-01 → 2019-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥704m	2018-01-01 → 2018-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥874m	2017-01-01 → 2017-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥14.1bn	at 2021-12-31	Standalone	Assets
Total assets	¥13.2bn	at 2020-12-31	Standalone	Assets
Total assets	¥16.0bn	at 2019-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥15.0bn	at 2018-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥15.3bn	at 2017-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥5.5bn	at 2021-12-31	Standalone	Liabilities
Total liabilities	¥4.5bn	at 2020-12-31	Standalone	Liabilities
Net assets / equity	¥8.6bn	at 2021-12-31	Standalone	Net assets
Net assets / equity	¥8.6bn	at 2020-12-31	Standalone	Net assets
Net assets / equity	¥8.8bn	at 2019-12-31^d	Standalone	Net assets
Net assets / equity	¥8.4bn	at 2018-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥8.1bn	at 2017-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥7.6bn	at 2021-12-31	Standalone	Cash and deposits
Cash and deposits	¥7.2bn	at 2020-12-31	Standalone	Cash and deposits
EPS (basic)	¥15.33	2021-01-01 → 2021-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥32.31	2020-01-01 → 2020-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥69.98	2019-01-01 → 2019-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥71.42	2018-01-01 → 2018-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥88.78	2017-01-01 → 2017-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥14.92	2021-01-01 → 2021-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥31.26	2020-01-01 → 2020-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥66.65	2019-01-01 → 2019-12-31^d	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥67.46	2018-01-01 → 2018-12-31^d	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥83.59	2017-01-01 → 2017-12-31^d	Standalone	Diluted earnings per share (5-year summary)
Dividend per share	¥25	2021-01-01 → 2021-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥20	2020-01-01 → 2020-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥45	2019-01-01 → 2019-12-31^d	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥40	2018-01-01 → 2018-12-31^d	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥35	2017-01-01 → 2017-12-31^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥836.25	at 2021-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥846.36	at 2020-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥871.23	at 2019-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥855.3	at 2018-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥822.7	at 2017-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	60.7%	at 2021-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	65.5%	at 2020-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	54.9%	at 2019-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	56.3%	at 2018-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	52.9%	at 2017-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	1.8%	2021-01-01 → 2021-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	3.8%	2020-01-01 → 2020-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	8.1%	2019-01-01 → 2019-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	8.5%	2018-01-01 → 2018-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	11.2%	2017-01-01 → 2017-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	10,253,285	at 2021-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	10,200,559	at 2020-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	10,077,897	at 2019-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	9,855,000	at 2018-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	9,850,000	at 2017-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	410	at 2021-12-31	Standalone	Number of employees
Employees	420	at 2020-12-31	Standalone	Number of employees
Employees	421	at 2019-12-31^d	Standalone	Number of employees
Employees	428	at 2018-12-31^d	Standalone	Number of employees
Employees	411	at 2017-12-31^d	Standalone	Number 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 · 1

Segment	Item	Period	Value
Commercial Space Creation Businessreportable segment	employees	at 2021-12-31	570 pure

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

All source rows · 1,359

Item	Context	Value	Unit
Net assets	CurrentYearInstant	10860904000	JPY
Liabilities and net assets	Prior1YearInstant	15343430000	JPY
Liabilities and net assets	CurrentYearInstant	16805568000	JPY
Net sales	Prior1YearDuration	21707313000	JPY
Net sales	CurrentYearDuration	19270578000	JPY
Cost of sales	Prior1YearDuration	18566414000	JPY
Cost of sales	CurrentYearDuration	16051801000	JPY
Gross profit	Prior1YearDuration	3140898000	JPY
Gross profit	CurrentYearDuration	3218776000	JPY
Selling general and administrative expenses	Prior1YearDuration	2760142000	JPY
Selling general and administrative expenses	CurrentYearDuration	2755280000	JPY
Operating income	Prior1YearDuration	380755000	JPY
Operating income	CurrentYearDuration	463496000	JPY
Interest income noi	Prior1YearDuration	2799000	JPY
Interest income noi	CurrentYearDuration	1943000	JPY
Dividends income noi	Prior1YearDuration	7359000	JPY
Dividends income noi	CurrentYearDuration	3596000	JPY
Commission fee noi	Prior1YearDuration	14248000	JPY
Commission fee noi	CurrentYearDuration	9170000	JPY
Land and house rent received noi	Prior1YearDuration	12006000	JPY
Land and house rent received noi	CurrentYearDuration	7099000	JPY
Fiduciary obligation fee noi	Prior1YearDuration	8181000	JPY
Fiduciary obligation fee noi	CurrentYearDuration	8181000	JPY
Other noi	Prior1YearDuration	37659000	JPY
Other noi	CurrentYearDuration	13684000	JPY
Non operating income	Prior1YearDuration	82254000	JPY
Non operating income	CurrentYearDuration	43675000	JPY
Commission fee noe	Prior1YearDuration	5348000	JPY
Commission fee noe	CurrentYearDuration	4990000	JPY
Sales discounts noe	Prior1YearDuration	1797000	JPY
Sales discounts noe	CurrentYearDuration	4458000	JPY
Foreign exchange losses noe	Prior1YearDuration	1258000	JPY
Foreign exchange losses noe	CurrentYearDuration	10924000	JPY
Rents noe	Prior1YearDuration	6087000	JPY
Rents noe	CurrentYearDuration	8750000	JPY
Loss on extinguishment of share based remuneration expenses noe	Prior1YearDuration	34010000	JPY
Loss on extinguishment of share based remuneration expenses noe	CurrentYearDuration	－	JPY
Other noe	Prior1YearDuration	6075000	JPY
Other noe	CurrentYearDuration	6154000	JPY
Non operating expenses	Prior1YearDuration	54578000	JPY
Non operating expenses	CurrentYearDuration	35277000	JPY
Ordinary income	Prior1YearDuration	408432000	JPY
Ordinary income	CurrentYearDuration	471894000	JPY
Gain on sales of noncurrent assets ei	Prior1YearDuration	－	JPY
Gain on sales of noncurrent assets ei	CurrentYearDuration	62266000	JPY
Gain on sales of investment securities ei	Prior1YearDuration	269127000	JPY
Gain on sales of investment securities ei	CurrentYearDuration	－	JPY
Extraordinary income	Prior1YearDuration	269127000	JPY
Extraordinary income	CurrentYearDuration	62266000	JPY
Loss on valuation of stocks of subsidiaries and affiliates el	Prior1YearDuration	－	JPY

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 identity	consolidated 2020-12-31	pass
balance sheet identity	consolidated 2021-12-31	pass rounding
balance sheet identity	non_consolidated 2020-12-31	pass
balance sheet identity	non_consolidated 2021-12-31	pass
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2019-12-31	pass
statement vs summary · net assets	consolidated 2020-12-31	pass
statement vs summary · net assets	consolidated 2021-12-31	pass
statement vs summary · net assets	non_consolidated 2019-12-31	pass
statement vs summary · net assets	non_consolidated 2020-12-31	pass
statement vs summary · net assets	non_consolidated 2021-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2020-01-01/2020-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2021-01-01/2021-12-31	pass
statement vs summary · operating cash flow	consolidated 2020-01-01/2020-12-31	pass
statement vs summary · operating cash flow	consolidated 2021-01-01/2021-12-31	pass
statement vs summary · revenue	consolidated 2020-01-01/2020-12-31	pass
statement vs summary · revenue	consolidated 2021-01-01/2021-12-31	pass
statement vs summary · revenue	non_consolidated 2020-01-01/2020-12-31	pass
statement vs summary · revenue	non_consolidated 2021-01-01/2021-12-31	pass
statement vs summary · total assets	consolidated 2020-12-31	pass
statement vs summary · total assets	consolidated 2021-12-31	pass
statement vs summary · total assets	non_consolidated 2020-12-31	pass
statement vs summary · total assets	non_consolidated 2021-12-31	pass