Annual report

Period2023-01-01 → 2023-12-31

Filed2024-03-25

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 149

Metric	Value	Period	Scope	Source row
Revenue	¥13.0bn	2023-01-01 → 2023-12-31	Cons.	Net sales
Revenue	¥17.6bn	2022-01-01 → 2022-12-31	Cons.	Net sales
Revenue	¥18.4bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥12.6bn	2020-01-01 → 2020-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥10.8bn	2019-01-01 → 2019-12-31^d	Cons.	Net sales (5-year summary)
Operating income	−¥1.4bn	2023-01-01 → 2023-12-31	Cons.	Operating income
Operating income	¥75m	2022-01-01 → 2022-12-31	Cons.	Operating income
Ordinary income	−¥1.2bn	2023-01-01 → 2023-12-31	Cons.	Ordinary income
Ordinary income	¥14m	2022-01-01 → 2022-12-31	Cons.	Ordinary income
Ordinary income	¥1.5bn	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥1.3bn	2020-01-01 → 2020-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥1.0bn	2019-01-01 → 2019-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	−¥1.8bn	2023-01-01 → 2023-12-31	Cons.	Income before income taxes
Profit before tax	¥14m	2022-01-01 → 2022-12-31	Cons.	Income before income taxes
Net income (owners)	−¥2.1bn	2023-01-01 → 2023-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥3m	2022-01-01 → 2022-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥1.0bn	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥834m	2020-01-01 → 2020-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥632m	2019-01-01 → 2019-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	−¥2.1bn	2023-01-01 → 2023-12-31	Cons.	Profit loss
Net income	¥3m	2022-01-01 → 2022-12-31	Cons.	Profit loss
Total assets	¥7.8bn	at 2023-12-31	Cons.	Assets
Total assets	¥9.9bn	at 2022-12-31	Cons.	Assets
Total assets	¥10.9bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥9.1bn	at 2020-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥5.1bn	at 2019-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥3.5bn	at 2023-12-31	Cons.	Liabilities
Total liabilities	¥3.6bn	at 2022-12-31	Cons.	Liabilities
Net assets / equity	¥4.3bn	at 2023-12-31	Cons.	Net assets
Net assets / equity	¥6.3bn	at 2022-12-31	Cons.	Net assets
Net assets / equity	¥6.3bn	at 2021-12-31^d	Cons.	Net assets
Net assets / equity	¥4.8bn	at 2020-12-31^d	Cons.	Net assets (5-year summary)
Net assets / equity	¥1.7bn	at 2019-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥1.2bn	at 2023-12-31	Cons.	Cash and deposits
Cash and deposits	¥1.2bn	at 2022-12-31	Cons.	Cash and deposits
Cash & equivalents	¥1.2bn	at 2023-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥1.2bn	at 2022-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥1.0bn	at 2021-12-31^d	Cons.	Cash and cash equivalents
Cash & equivalents	¥4.5bn	at 2020-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥1.2bn	at 2019-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥246m	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥840m	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥3.2bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥1.6bn	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥307m	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥371m	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥621m	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥964m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥421m	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥317m	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	¥44m	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥5m	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥738m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥2.0bn	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥83m	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥-245.68	2023-01-01 → 2023-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥0.36	2022-01-01 → 2022-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥122.81	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥127.29	2020-01-01 → 2020-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥97.38	2019-01-01 → 2019-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥0.36	2022-01-01 → 2022-12-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥119.93	2021-01-01 → 2021-12-31^d	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥124.86	2020-01-01 → 2020-12-31^d	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥505.37	at 2023-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥753.15	at 2022-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥755.63	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥615.4	at 2020-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥266.53	at 2019-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	54.7%	at 2023-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	63.7%	at 2022-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	57.8%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	52.2%	at 2020-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	34.2%	at 2019-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	-39.2%	2023-01-01 → 2023-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	0.0%	2022-01-01 → 2022-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	18.4%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	25.7%	2020-01-01 → 2020-12-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	44.7%	2019-01-01 → 2019-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	137	at 2023-12-31	Cons.	Number of employees
Employees	168	at 2022-12-31	Cons.	Number of employees
Employees	147	at 2021-12-31^d	Cons.	Number of employees
Employees	110	at 2020-12-31^d	Cons.	Number of employees
Employees	99	at 2019-12-31^d	Cons.	Number of employees
Revenue	¥13.0bn	2023-01-01 → 2023-12-31	Standalone	Net sales
Revenue	¥17.6bn	2022-01-01 → 2022-12-31	Standalone	Net sales
Revenue	¥18.4bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥12.5bn	2020-01-01 → 2020-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥10.8bn	2019-01-01 → 2019-12-31^d	Standalone	Net sales (5-year summary)
Operating income	−¥1.4bn	2023-01-01 → 2023-12-31	Standalone	Operating income
Operating income	¥72m	2022-01-01 → 2022-12-31	Standalone	Operating income
Ordinary income	−¥1.2bn	2023-01-01 → 2023-12-31	Standalone	Ordinary income
Ordinary income	¥12m	2022-01-01 → 2022-12-31	Standalone	Ordinary income
Ordinary income	¥1.5bn	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥1.2bn	2020-01-01 → 2020-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥1.0bn	2019-01-01 → 2019-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	−¥1.8bn	2023-01-01 → 2023-12-31	Standalone	Income before income taxes
Profit before tax	¥12m	2022-01-01 → 2022-12-31	Standalone	Income before income taxes
Net income	−¥2.1bn	2023-01-01 → 2023-12-31	Standalone	Profit loss
Net income	¥2m	2022-01-01 → 2022-12-31	Standalone	Profit loss
Net income	¥1.0bn	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥822m	2020-01-01 → 2020-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥626m	2019-01-01 → 2019-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥7.8bn	at 2023-12-31	Standalone	Assets
Total assets	¥9.9bn	at 2022-12-31	Standalone	Assets
Total assets	¥10.9bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥9.1bn	at 2020-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥5.1bn	at 2019-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥3.6bn	at 2023-12-31	Standalone	Liabilities
Total liabilities	¥3.6bn	at 2022-12-31	Standalone	Liabilities
Net assets / equity	¥4.2bn	at 2023-12-31	Standalone	Net assets
Net assets / equity	¥6.3bn	at 2022-12-31	Standalone	Net assets
Net assets / equity	¥6.3bn	at 2021-12-31^d	Standalone	Net assets
Net assets / equity	¥4.7bn	at 2020-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥1.7bn	at 2019-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥1.1bn	at 2023-12-31	Standalone	Cash and deposits
Cash and deposits	¥1.2bn	at 2022-12-31	Standalone	Cash and deposits
EPS (basic)	¥-245.12	2023-01-01 → 2023-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥0.27	2022-01-01 → 2022-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥122.62	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥125.42	2020-01-01 → 2020-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥96.39	2019-01-01 → 2019-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥0.27	2022-01-01 → 2022-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥119.74	2021-01-01 → 2021-12-31^d	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥123.03	2020-01-01 → 2020-12-31^d	Standalone	Diluted earnings per share (5-year summary)
Net assets per share	¥502.46	at 2023-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥750.65	at 2022-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥753.57	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥613.42	at 2020-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥266.14	at 2019-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	54.4%	at 2023-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	63.6%	at 2022-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	57.8%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	52.2%	at 2020-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	34.1%	at 2019-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	-39.3%	2023-01-01 → 2023-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	0.0%	2022-01-01 → 2022-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	18.4%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	25.4%	2020-01-01 → 2020-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	44.2%	2019-01-01 → 2019-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	8,443,900	at 2023-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	8,382,900	at 2022-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	8,327,000	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	7,735,000	at 2020-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	6,500,000	at 2019-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	137	at 2023-12-31	Standalone	Number of employees
Employees	168	at 2022-12-31	Standalone	Number of employees
Employees	147	at 2021-12-31^d	Standalone	Number of employees
Employees	110	at 2020-12-31^d	Standalone	Number of employees
Employees	99	at 2019-12-31^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
Home Appliancereportable segment	employees	at 2023-12-31	137 pure

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

All source rows · 1,150

Item	Context	Value	Unit
Independent auditors report consolidated (text)	FilingDateInstant	Text · Plus
Audit firm1 consolidated	FilingDateInstant	Original text (Japanese) 太陽有限責任監査法人
Cpa1 audit firm1 consolidated	FilingDateInstant	Original text (Japanese) 宮　崎　　　哲
Cpa2 audit firm1 consolidated	FilingDateInstant	Original text (Japanese) 石　川　資　樹
Key audit matters consolidated (text)	FilingDateInstant	Text · Plus
Overview kam consolidated (text)	FilingDateInstant	Text · Plus
Short description kam consolidated	FilingDateInstant_Row1Member	Original text (Japanese) 製品の評価
Description including reason kam consolidated (text)	FilingDateInstant_Row1Member	Text · Plus
Reference kam consolidated	FilingDateInstant_Row1Member	Original text (Japanese) 【注記事項】（連結財務諸表作成のための基本となる重要な事項）３（１）棚卸資産
Auditors response kam consolidated (text)	FilingDateInstant_Row1Member	Text · Plus
Other information consolidated (text)	FilingDateInstant	Text · Plus
Independent auditors report non consolidated (text)	FilingDateInstant	Text · Plus
Audit firm1 non consolidated	FilingDateInstant	Original text (Japanese) 太陽有限責任監査法人
Cpa1 audit firm1 non consolidated	FilingDateInstant	Original text (Japanese) 宮　崎　　　哲
Cpa2 audit firm1 non consolidated	FilingDateInstant	Original text (Japanese) 石　川　資　樹
Key audit matters non consolidated (text)	FilingDateInstant	Text · Plus
Overview kam non consolidated (text)	FilingDateInstant	Text · Plus
Short description kam non consolidated	FilingDateInstant_Row1Member	Original text (Japanese) 製品の評価
Same as kam for consolidated fskam non consolidated (text)	FilingDateInstant_Row1Member	Text · Plus
Other information non consolidated (text)	FilingDateInstant	Text · Plus
Number of submission	FilingDateInstant	1
Net sales (5-year summary)	Prior4YearDuration	10849000000	JPY
Net sales (5-year summary)	Prior3YearDuration	12587000000	JPY
Net sales (5-year summary)	Prior2YearDuration	18379000000	JPY
Net sales (5-year summary)	Prior1YearDuration	17595000000	JPY
Net sales (5-year summary)	CurrentYearDuration	13011000000	JPY
Ordinary income loss (5-year summary)	Prior4YearDuration	1047000000	JPY
Ordinary income loss (5-year summary)	Prior3YearDuration	1252000000	JPY
Ordinary income loss (5-year summary)	Prior2YearDuration	1462000000	JPY
Ordinary income loss (5-year summary)	Prior1YearDuration	14000000	JPY
Ordinary income loss (5-year summary)	CurrentYearDuration	-1237000000	JPY
Profit loss attributable to owners of parent (5-year summary)	Prior4YearDuration	632000000	JPY
Profit loss attributable to owners of parent (5-year summary)	Prior3YearDuration	834000000	JPY
Profit loss attributable to owners of parent (5-year summary)	Prior2YearDuration	1015000000	JPY
Profit loss attributable to owners of parent (5-year summary)	Prior1YearDuration	3000000	JPY
Profit loss attributable to owners of parent (5-year summary)	CurrentYearDuration	-2071000000	JPY
Comprehensive income (5-year summary)	Prior4YearDuration	633000000	JPY
Comprehensive income (5-year summary)	Prior3YearDuration	834000000	JPY
Comprehensive income (5-year summary)	Prior2YearDuration	1015000000	JPY
Comprehensive income (5-year summary)	Prior1YearDuration	6000000	JPY
Comprehensive income (5-year summary)	CurrentYearDuration	-2063000000	JPY
Net assets (5-year summary)	Prior4YearInstant	1732000000	JPY
Net assets (5-year summary)	Prior3YearInstant	4760000000	JPY
Net assets (5-year summary)	Prior2YearInstant	6292000000	JPY
Net assets (5-year summary)	Prior1YearInstant	6312000000	JPY
Net assets (5-year summary)	CurrentYearInstant	4265000000	JPY
Total assets (5-year summary)	Prior4YearInstant	5070000000	JPY
Total assets (5-year summary)	Prior3YearInstant	9113000000	JPY
Total assets (5-year summary)	Prior2YearInstant	10881000000	JPY
Total assets (5-year summary)	Prior1YearInstant	9907000000	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 2022-12-31	pass
balance sheet identity	consolidated 2023-12-31	pass rounding
balance sheet identity	non_consolidated 2022-12-31	pass
balance sheet identity	non_consolidated 2023-12-31	pass rounding
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2021-12-31	pass
statement vs summary · net assets	consolidated 2022-12-31	pass
statement vs summary · net assets	consolidated 2023-12-31	pass
statement vs summary · net assets	non_consolidated 2021-12-31	pass
statement vs summary · net assets	non_consolidated 2022-12-31	pass
statement vs summary · net assets	non_consolidated 2023-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · operating cash flow	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · operating cash flow	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · revenue	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	non_consolidated 2022-01-01/2022-12-31	pass
statement vs summary · revenue	non_consolidated 2023-01-01/2023-12-31	pass
statement vs summary · total assets	consolidated 2022-12-31	pass
statement vs summary · total assets	consolidated 2023-12-31	pass
statement vs summary · total assets	non_consolidated 2022-12-31	pass
statement vs summary · total assets	non_consolidated 2023-12-31	pass