Annual report

Period2025-01-01 → 2025-12-31

Filed2026-03-25

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 148

Metric	Value	Period	Scope	Source row
Revenue	¥27.3bn	2025-01-01 → 2025-12-31	Cons.	Net sales
Revenue	¥25.0bn	2024-01-01 → 2024-12-31	Cons.	Net sales
Revenue	¥24.4bn	2023-01-01 → 2023-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥23.3bn	2022-01-01 → 2022-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥21.4bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥6.2bn	2025-01-01 → 2025-12-31	Cons.	Operating income
Operating income	¥5.0bn	2024-01-01 → 2024-12-31	Cons.	Operating income
Ordinary income	¥7.0bn	2025-01-01 → 2025-12-31	Cons.	Ordinary income
Ordinary income	¥5.8bn	2024-01-01 → 2024-12-31	Cons.	Ordinary income
Ordinary income	¥5.3bn	2023-01-01 → 2023-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥4.9bn	2022-01-01 → 2022-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥3.9bn	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥10.0bn	2025-01-01 → 2025-12-31	Cons.	Income before income taxes
Profit before tax	¥5.9bn	2024-01-01 → 2024-12-31	Cons.	Income before income taxes
Net income (owners)	¥7.0bn	2025-01-01 → 2025-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥4.2bn	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥3.7bn	2023-01-01 → 2023-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥5.0bn	2022-01-01 → 2022-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥2.8bn	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥7.1bn	2025-01-01 → 2025-12-31	Cons.	Profit loss
Net income	¥4.2bn	2024-01-01 → 2024-12-31	Cons.	Profit loss
Total assets	¥56.4bn	at 2025-12-31	Cons.	Assets
Total assets	¥58.3bn	at 2024-12-31	Cons.	Assets
Total assets	¥57.9bn	at 2023-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥59.0bn	at 2022-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥56.4bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥6.3bn	at 2025-12-31	Cons.	Liabilities
Total liabilities	¥6.1bn	at 2024-12-31	Cons.	Liabilities
Net assets / equity	¥50.0bn	at 2025-12-31	Cons.	Net assets
Net assets / equity	¥52.2bn	at 2024-12-31	Cons.	Net assets
Net assets / equity	¥52.6bn	at 2023-12-31^v	Cons.	Net assets
Net assets / equity	¥50.9bn	at 2022-12-31^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥50.9bn	at 2021-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥29.9bn	at 2025-12-31	Cons.	Cash and deposits
Cash and deposits	¥32.3bn	at 2024-12-31	Cons.	Cash and deposits
Cash & equivalents	¥20.1bn	at 2025-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥24.8bn	at 2024-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥15.7bn	at 2023-12-31^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥13.7bn	at 2022-12-31^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥19.3bn	at 2021-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥4.9bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥6.5bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥5.2bn	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥5.1bn	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥3.7bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥4.3bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	¥8.6bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥154m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥4.7bn	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥2.3bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥5.4bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥6.4bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥3.1bn	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥6.3bn	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥3.9bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥324.59	2025-01-01 → 2025-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥181.29	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥156.55	2023-01-01 → 2023-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥206	2022-01-01 → 2022-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥110.65	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥2,245.75	at 2025-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥2,262.03	at 2024-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥2,138.77	at 2023-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥2,066.3	at 2022-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,947.84	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	84.4%	at 2025-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	85.5%	at 2024-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	87.1%	at 2023-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	82.7%	at 2022-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	86.6%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	14.4%	2025-01-01 → 2025-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	8.3%	2024-01-01 → 2024-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	7.4%	2023-01-01 → 2023-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	10.3%	2022-01-01 → 2022-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	5.8%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	1,377	at 2025-12-31	Cons.	Number of employees
Employees	1,456	at 2024-12-31	Cons.	Number of employees
Employees	1,504	at 2023-12-31^v	Cons.	Number of employees
Employees	1,311	at 2022-12-31^v	Cons.	Number of employees
Employees	1,396	at 2021-12-31^d	Cons.	Number of employees
Revenue	¥24.4bn	2025-01-01 → 2025-12-31	Standalone	Net sales
Revenue	¥22.1bn	2024-01-01 → 2024-12-31	Standalone	Net sales
Revenue	¥21.6bn	2023-01-01 → 2023-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥20.4bn	2022-01-01 → 2022-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥17.2bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥4.8bn	2025-01-01 → 2025-12-31	Standalone	Operating income
Operating income	¥4.3bn	2024-01-01 → 2024-12-31	Standalone	Operating income
Ordinary income	¥5.8bn	2025-01-01 → 2025-12-31	Standalone	Ordinary income
Ordinary income	¥4.9bn	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	¥6.7bn	2023-01-01 → 2023-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥5.7bn	2022-01-01 → 2022-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥2.9bn	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥10.0bn	2025-01-01 → 2025-12-31	Standalone	Income before income taxes
Profit before tax	¥5.0bn	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Net income	¥7.3bn	2025-01-01 → 2025-12-31	Standalone	Profit loss
Net income	¥3.5bn	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	¥5.1bn	2023-01-01 → 2023-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥4.5bn	2022-01-01 → 2022-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥2.1bn	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥42.8bn	at 2025-12-31	Standalone	Assets
Total assets	¥40.4bn	at 2024-12-31	Standalone	Assets
Total assets	¥42.5bn	at 2023-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥41.9bn	at 2022-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥42.1bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥5.1bn	at 2025-12-31	Standalone	Liabilities
Total liabilities	¥4.9bn	at 2024-12-31	Standalone	Liabilities
Net assets / equity	¥37.6bn	at 2025-12-31	Standalone	Net assets
Net assets / equity	¥35.6bn	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥38.1bn	at 2023-12-31^v	Standalone	Net assets
Net assets / equity	¥35.8bn	at 2022-12-31^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥37.3bn	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥22.8bn	at 2025-12-31	Standalone	Cash and deposits
Cash and deposits	¥12.9bn	at 2024-12-31	Standalone	Cash and deposits
EPS (basic)	¥336.54	2025-01-01 → 2025-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥152.8	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥215.23	2023-01-01 → 2023-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥182.79	2022-01-01 → 2022-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥82.29	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
Dividend per share	¥165	2025-01-01 → 2025-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥125	2024-01-01 → 2024-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥100	2023-01-01 → 2023-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥125	2022-01-01 → 2022-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥100	2021-01-01 → 2021-12-31^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥1,776.44	at 2025-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,611.88	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,614.66	at 2023-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,515.93	at 2022-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,489.29	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	88.1%	at 2025-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	88.0%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	89.7%	at 2023-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	85.4%	at 2022-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	88.7%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	19.8%	2025-01-01 → 2025-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	9.5%	2024-01-01 → 2024-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	13.7%	2023-01-01 → 2023-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	12.2%	2022-01-01 → 2022-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	5.5%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	27,231,000	at 2025-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	27,231,000	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	27,231,000	at 2023-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	27,231,000	at 2022-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	27,231,000	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	275	at 2025-12-31	Standalone	Number of employees
Employees	297	at 2024-12-31	Standalone	Number of employees
Employees	321	at 2023-12-31^v	Standalone	Number of employees
Employees	323	at 2022-12-31^v	Standalone	Number of employees
Employees	271	at 2021-12-31^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.

All source rows · 1,396

Item	Context	Value
Number of shareholders foreign investors other than individuals	CurrentYearInstant_OrdinaryShareMember	136
Number of shareholders foreign individual investors	CurrentYearInstant_OrdinaryShareMember	30
Number of shareholders individuals and others	CurrentYearInstant_OrdinaryShareMember	8576
Number of shareholders total	CurrentYearInstant_OrdinaryShareMember	8873
Number of shares held number of units national and local governments	CurrentYearInstant_OrdinaryShareMember	－
Number of shares held number of units financial institutions	CurrentYearInstant_OrdinaryShareMember	63084
Number of shares held number of units financial service providers	CurrentYearInstant_OrdinaryShareMember	4935
Number of shares held number of units other corporations	CurrentYearInstant_OrdinaryShareMember	53997
Number of shares held number of units foreign investors other than individuals	CurrentYearInstant_OrdinaryShareMember	41747
Number of shares held number of units foreign individual investors	CurrentYearInstant_OrdinaryShareMember	183
Number of shares held number of units individuals and others	CurrentYearInstant_OrdinaryShareMember	107757
Number of shares held number of units total	CurrentYearInstant_OrdinaryShareMember	271703
Number of shares held shares less than one unit	CurrentYearInstant_OrdinaryShareMember	60957
Percentage of shareholdings national and local governments	CurrentYearInstant_OrdinaryShareMember	－
Percentage of shareholdings financial institutions	CurrentYearInstant_OrdinaryShareMember	0.2322
Percentage of shareholdings financial service providers	CurrentYearInstant_OrdinaryShareMember	0.0182
Percentage of shareholdings other corporations	CurrentYearInstant_OrdinaryShareMember	0.1987
Percentage of shareholdings foreigners other than individuals	CurrentYearInstant_OrdinaryShareMember	0.1536
Percentage of shareholdings foreign individuals	CurrentYearInstant_OrdinaryShareMember	0.0007
Percentage of shareholdings individuals and others	CurrentYearInstant_OrdinaryShareMember	0.3966
Number of shares held	CurrentYearInstant_No1MajorShareholdersMember	3783000
Shareholding ratio	CurrentYearInstant_No1MajorShareholdersMember	0.1785
Number of shares held	CurrentYearInstant_No2MajorShareholdersMember	3214000
Shareholding ratio	CurrentYearInstant_No2MajorShareholdersMember	0.1517
Number of shares held	CurrentYearInstant_No3MajorShareholdersMember	1543000
Shareholding ratio	CurrentYearInstant_No3MajorShareholdersMember	0.0728
Number of shares held	CurrentYearInstant_No4MajorShareholdersMember	1113000
Shareholding ratio	CurrentYearInstant_No4MajorShareholdersMember	0.0526
Number of shares held	CurrentYearInstant_No5MajorShareholdersMember	1044000
Shareholding ratio	CurrentYearInstant_No5MajorShareholdersMember	0.0493
Number of shares held	CurrentYearInstant_No6MajorShareholdersMember	619000
Shareholding ratio	CurrentYearInstant_No6MajorShareholdersMember	0.0293
Number of shares held	CurrentYearInstant_No7MajorShareholdersMember	489000
Shareholding ratio	CurrentYearInstant_No7MajorShareholdersMember	0.0231
Number of shares held	CurrentYearInstant_No8MajorShareholdersMember	455000
Shareholding ratio	CurrentYearInstant_No8MajorShareholdersMember	0.0215
Number of shares held	CurrentYearInstant_No9MajorShareholdersMember	347000
Shareholding ratio	CurrentYearInstant_No9MajorShareholdersMember	0.0164
Number of shares held	CurrentYearInstant_No10MajorShareholdersMember	273000
Shareholding ratio	CurrentYearInstant_No10MajorShareholdersMember	0.0129
Number of shares held	CurrentYearInstant	12883000
Shareholding ratio	CurrentYearInstant	0.6079
Number of shares issued shares voting rights	CurrentYearInstant_SharesWithNoVotingRightsMember	－
Number of shares issued shares voting rights	CurrentYearInstant_SharesWithRestrictedVotingRightsTreasurySharesEtcMember	－
Number of shares issued shares voting rights	CurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember	－
Number of voting rights issued shares voting rights	CurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember	－
Number of shares issued shares voting rights	CurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsTreasurySharesEtcMember	6038200
Number of shares issued shares voting rights	CurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsOtherMember	21132100
Number of voting rights issued shares voting rights	CurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsOtherMember	211321
Number of shares issued shares voting rights	CurrentYearInstant_OrdinarySharesSharesLessThanOneUnitMember	60957

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 2024-12-31	pass rounding
balance sheet identity	consolidated 2025-12-31	pass rounding
balance sheet identity	non_consolidated 2024-12-31	pass
balance sheet identity	non_consolidated 2025-12-31	pass rounding
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2023-12-31	pass
statement vs summary · net assets	consolidated 2024-12-31	pass
statement vs summary · net assets	consolidated 2025-12-31	pass
statement vs summary · net assets	non_consolidated 2023-12-31	pass
statement vs summary · net assets	non_consolidated 2024-12-31	pass
statement vs summary · net assets	non_consolidated 2025-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2025-01-01/2025-12-31	pass
statement vs summary · operating cash flow	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · operating cash flow	consolidated 2025-01-01/2025-12-31	pass
statement vs summary · revenue	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · revenue	consolidated 2025-01-01/2025-12-31	pass
statement vs summary · revenue	non_consolidated 2024-01-01/2024-12-31	pass
statement vs summary · revenue	non_consolidated 2025-01-01/2025-12-31	pass
statement vs summary · total assets	consolidated 2024-12-31	pass
statement vs summary · total assets	consolidated 2025-12-31	pass
statement vs summary · total assets	non_consolidated 2024-12-31	pass
statement vs summary · total assets	non_consolidated 2025-12-31	pass