Annual report

Period2025-01-01 → 2025-12-31

Filed2026-03-27

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 148

Metric	Value	Period	Scope	Source row
Revenue	¥5.9bn	2025-01-01 → 2025-12-31	Cons.	Net sales
Revenue	¥6.5bn	2024-01-01 → 2024-12-31	Cons.	Net sales
Revenue	¥7.2bn	2023-01-01 → 2023-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥7.2bn	2022-01-01 → 2022-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥6.2bn	2021-01-01 → 2021-12-31^v	Cons.	Net sales (5-year summary)
Operating income	−¥110m	2025-01-01 → 2025-12-31	Cons.	Operating income
Operating income	−¥133m	2024-01-01 → 2024-12-31	Cons.	Operating income
Ordinary income	−¥136m	2025-01-01 → 2025-12-31	Cons.	Ordinary income
Ordinary income	−¥104m	2024-01-01 → 2024-12-31	Cons.	Ordinary income
Ordinary income	¥139m	2023-01-01 → 2023-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥263m	2022-01-01 → 2022-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥106m	2021-01-01 → 2021-12-31^v	Cons.	Ordinary income loss (5-year summary)
Profit before tax	−¥252m	2025-01-01 → 2025-12-31	Cons.	Income before income taxes
Profit before tax	−¥163m	2024-01-01 → 2024-12-31	Cons.	Income before income taxes
Net income (owners)	−¥377m	2025-01-01 → 2025-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥181m	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥51m	2023-01-01 → 2023-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥80m	2022-01-01 → 2022-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥30m	2021-01-01 → 2021-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	−¥340m	2025-01-01 → 2025-12-31	Cons.	Profit loss
Net income	−¥242m	2024-01-01 → 2024-12-31	Cons.	Profit loss
Total assets	¥7.2bn	at 2025-12-31	Cons.	Assets
Total assets	¥7.7bn	at 2024-12-31	Cons.	Assets
Total assets	¥7.6bn	at 2023-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥7.6bn	at 2022-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥6.9bn	at 2021-12-31^v	Cons.	Total assets (5-year summary)
Total liabilities	¥5.6bn	at 2025-12-31	Cons.	Liabilities
Total liabilities	¥5.8bn	at 2024-12-31	Cons.	Liabilities
Net assets / equity	¥1.7bn	at 2025-12-31	Cons.	Net assets
Net assets / equity	¥1.9bn	at 2024-12-31	Cons.	Net assets
Net assets / equity	¥2.0bn	at 2023-12-31^v	Cons.	Net assets
Net assets / equity	¥2.0bn	at 2022-12-31^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥1.9bn	at 2021-12-31^v	Cons.	Net assets (5-year summary)
Cash and deposits	¥1.7bn	at 2025-12-31	Cons.	Cash and deposits
Cash and deposits	¥1.7bn	at 2024-12-31	Cons.	Cash and deposits
Cash & equivalents	¥1.5bn	at 2025-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥1.5bn	at 2024-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥1.3bn	at 2023-12-31^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥1.2bn	at 2022-12-31^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥1.2bn	at 2021-12-31^v	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥231m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥76m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥187m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥144m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥276m	2021-01-01 → 2021-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥76m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥200m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥204m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥104m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥88m	2021-01-01 → 2021-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥169m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥241m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥495m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥221m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥10m	2021-01-01 → 2021-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥-304.33	2025-01-01 → 2025-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-146.63	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥41.5	2023-01-01 → 2023-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥64.25	2022-01-01 → 2022-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥24.31	2021-01-01 → 2021-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥946.07	at 2025-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,218.38	at 2024-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,314.01	at 2023-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,273.98	at 2022-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,213.94	at 2021-12-31^v	Cons.	Net assets per share (5-year summary)
Equity ratio	16.2%	at 2025-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	19.5%	at 2024-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	21.3%	at 2023-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	20.8%	at 2022-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	21.9%	at 2021-12-31^v	Cons.	Equity to asset ratio (5-year summary)
ROE	-28.1%	2025-01-01 → 2025-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	-11.6%	2024-01-01 → 2024-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	3.2%	2023-01-01 → 2023-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	5.2%	2022-01-01 → 2022-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	2.1%	2021-01-01 → 2021-12-31^v	Cons.	Rate of return on equity (5-year summary)
Employees	302	at 2025-12-31	Cons.	Number of employees
Employees	329	at 2024-12-31	Cons.	Number of employees
Employees	322	at 2023-12-31^v	Cons.	Number of employees
Employees	374	at 2022-12-31^v	Cons.	Number of employees
Employees	365	at 2021-12-31^v	Cons.	Number of employees
Revenue	¥3.4bn	2025-01-01 → 2025-12-31	Standalone	Net sales
Revenue	¥3.4bn	2024-01-01 → 2024-12-31	Standalone	Net sales
Revenue	¥4.0bn	2023-01-01 → 2023-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥4.3bn	2022-01-01 → 2022-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥3.7bn	2021-01-01 → 2021-12-31^v	Standalone	Net sales (5-year summary)
Operating income	¥31m	2025-01-01 → 2025-12-31	Standalone	Operating income
Operating income	¥2m	2024-01-01 → 2024-12-31	Standalone	Operating income
Ordinary income	¥64m	2025-01-01 → 2025-12-31	Standalone	Ordinary income
Ordinary income	¥71m	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	¥131m	2023-01-01 → 2023-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥127m	2022-01-01 → 2022-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥97m	2021-01-01 → 2021-12-31^v	Standalone	Ordinary income loss (5-year summary)
Profit before tax	−¥21m	2025-01-01 → 2025-12-31	Standalone	Income before income taxes
Profit before tax	¥54m	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Net income	−¥57m	2025-01-01 → 2025-12-31	Standalone	Profit loss
Net income	¥28m	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	¥72m	2023-01-01 → 2023-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥85m	2022-01-01 → 2022-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥65m	2021-01-01 → 2021-12-31^v	Standalone	Net income loss (5-year summary)
Total assets	¥3.9bn	at 2025-12-31	Standalone	Assets
Total assets	¥4.1bn	at 2024-12-31	Standalone	Assets
Total assets	¥4.2bn	at 2023-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥4.7bn	at 2022-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥4.1bn	at 2021-12-31^v	Standalone	Total assets (5-year summary)
Total liabilities	¥2.5bn	at 2025-12-31	Standalone	Liabilities
Total liabilities	¥2.6bn	at 2024-12-31	Standalone	Liabilities
Net assets / equity	¥1.4bn	at 2025-12-31	Standalone	Net assets
Net assets / equity	¥1.4bn	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥1.4bn	at 2023-12-31^v	Standalone	Net assets
Net assets / equity	¥1.4bn	at 2022-12-31^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥1.3bn	at 2021-12-31^v	Standalone	Net assets (5-year summary)
Cash and deposits	¥497m	at 2025-12-31	Standalone	Cash and deposits
Cash and deposits	¥482m	at 2024-12-31	Standalone	Cash and deposits
EPS (basic)	¥-46.11	2025-01-01 → 2025-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥22.38	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥57.9	2023-01-01 → 2023-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥68.52	2022-01-01 → 2022-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥52.29	2021-01-01 → 2021-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
Dividend per share	¥25	2025-01-01 → 2025-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥30	2024-01-01 → 2024-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥30	2023-01-01 → 2023-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥45	2022-01-01 → 2022-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥30	2021-01-01 → 2021-12-31^v	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥1,105.48	at 2025-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,154.47	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,149.42	at 2023-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,125.48	at 2022-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,090.62	at 2021-12-31^v	Standalone	Net assets per share (5-year summary)
Equity ratio	35.2%	at 2025-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	35.0%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	33.9%	at 2023-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	29.7%	at 2022-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	33.0%	at 2021-12-31^v	Standalone	Equity to asset ratio (5-year summary)
ROE	-4.1%	2025-01-01 → 2025-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	1.9%	2024-01-01 → 2024-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	5.1%	2023-01-01 → 2023-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	6.2%	2022-01-01 → 2022-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	4.8%	2021-01-01 → 2021-12-31^v	Standalone	Rate of return on equity (5-year summary)
Shares issued	1,240,000	at 2025-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	1,240,000	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	1,240,000	at 2023-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	1,240,000	at 2022-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	1,240,000	at 2021-12-31^v	Standalone	Total number of issued shares (5-year summary)
Employees	45	at 2025-12-31	Standalone	Number of employees
Employees	46	at 2024-12-31	Standalone	Number of employees
Employees	51	at 2023-12-31^v	Standalone	Number of employees
Employees	51	at 2022-12-31^v	Standalone	Number of employees
Employees	49	at 2021-12-31^v	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 · 1,325

Item	Context	Value	Unit
Accumulated depreciation ppe by group	Prior1YearInstant_NonConsolidatedMember	-1187462000	JPY
Accumulated depreciation ppe by group	CurrentYearInstant_NonConsolidatedMember	-1229857000	JPY
Property plant and equipment	Prior1YearInstant_NonConsolidatedMember	335515000	JPY
Property plant and equipment	CurrentYearInstant_NonConsolidatedMember	348618000	JPY
Other ia	Prior1YearInstant_NonConsolidatedMember	1296000	JPY
Other ia	CurrentYearInstant_NonConsolidatedMember	1296000	JPY
Intangible assets	Prior1YearInstant_NonConsolidatedMember	1296000	JPY
Intangible assets	CurrentYearInstant_NonConsolidatedMember	1296000	JPY
Investment securities	Prior1YearInstant_NonConsolidatedMember	139824000	JPY
Investment securities	CurrentYearInstant_NonConsolidatedMember	177613000	JPY
Stocks of subsidiaries and affiliates	Prior1YearInstant_NonConsolidatedMember	375464000	JPY
Stocks of subsidiaries and affiliates	CurrentYearInstant_NonConsolidatedMember	375464000	JPY
Long term loans receivable from subsidiaries and affiliates	Prior1YearInstant_NonConsolidatedMember	55185000	JPY
Long term loans receivable from subsidiaries and affiliates	CurrentYearInstant_NonConsolidatedMember	53522000	JPY
Deferred tax assets	Prior1YearInstant_NonConsolidatedMember	35214000	JPY
Deferred tax assets	CurrentYearInstant_NonConsolidatedMember	14737000	JPY
Other ioa	Prior1YearInstant_NonConsolidatedMember	59298000	JPY
Other ioa	CurrentYearInstant_NonConsolidatedMember	61555000	JPY
Allowance for doubtful accounts ioa by group	Prior1YearInstant_NonConsolidatedMember	-5260000	JPY
Allowance for doubtful accounts ioa by group	CurrentYearInstant_NonConsolidatedMember	-23265000	JPY
Investments and other assets	Prior1YearInstant_NonConsolidatedMember	659727000	JPY
Investments and other assets	CurrentYearInstant_NonConsolidatedMember	659628000	JPY
Noncurrent assets	Prior1YearInstant_NonConsolidatedMember	996539000	JPY
Noncurrent assets	CurrentYearInstant_NonConsolidatedMember	1009544000	JPY
Bond issuance cost da	Prior1YearInstant_NonConsolidatedMember	399000	JPY
Bond issuance cost da	CurrentYearInstant_NonConsolidatedMember	29000	JPY
Deferred assets	Prior1YearInstant_NonConsolidatedMember	399000	JPY
Deferred assets	CurrentYearInstant_NonConsolidatedMember	29000	JPY
Assets	Prior1YearInstant_NonConsolidatedMember	4076734000	JPY
Assets	CurrentYearInstant_NonConsolidatedMember	3887698000	JPY
Notes payable trade	Prior1YearInstant_NonConsolidatedMember	20189000	JPY
Notes payable trade	CurrentYearInstant_NonConsolidatedMember	9978000	JPY
Accounts payable trade	Prior1YearInstant_NonConsolidatedMember	457077000	JPY
Accounts payable trade	CurrentYearInstant_NonConsolidatedMember	488717000	JPY
Electronically recorded obligations operating cl	Prior1YearInstant_NonConsolidatedMember	382548000	JPY
Electronically recorded obligations operating cl	CurrentYearInstant_NonConsolidatedMember	262716000	JPY
Short term loans payable	Prior1YearInstant_NonConsolidatedMember	800000000	JPY
Short term loans payable	CurrentYearInstant_NonConsolidatedMember	670000000	JPY
Current portion of long term loans payable	Prior1YearInstant_NonConsolidatedMember	259924000	JPY
Current portion of long term loans payable	CurrentYearInstant_NonConsolidatedMember	301646000	JPY
Current portion of bonds	Prior1YearInstant_NonConsolidatedMember	10000000	JPY
Current portion of bonds	CurrentYearInstant_NonConsolidatedMember	100000000	JPY
Accounts payable other	Prior1YearInstant_NonConsolidatedMember	19575000	JPY
Accounts payable other	CurrentYearInstant_NonConsolidatedMember	16942000	JPY
Accrued expenses	Prior1YearInstant_NonConsolidatedMember	2892000	JPY
Accrued expenses	CurrentYearInstant_NonConsolidatedMember	3241000	JPY
Income taxes payable	Prior1YearInstant_NonConsolidatedMember	15659000	JPY
Income taxes payable	CurrentYearInstant_NonConsolidatedMember	17538000	JPY
Accrued consumption taxes	Prior1YearInstant_NonConsolidatedMember	8477000	JPY
Accrued consumption taxes	CurrentYearInstant_NonConsolidatedMember	991000	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 2024-12-31	pass
balance sheet identity	consolidated 2025-12-31	pass
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