Annual report

Period2025-01-01 → 2025-12-31
Filed2026-05-19
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed

Amends S100XTFR. Amended by S100Y52K (2026-05-19).

Key figures · 148
MetricValuePeriodScopeSource row
Revenue¥13.5bn2025-01-01 → 2025-12-31Cons.Net sales
Revenue¥9.3bn2024-01-01 → 2024-12-31Cons.Net sales
Revenue¥10.0bn2023-01-01 → 2023-12-31vCons.Net sales (5-year summary)
Revenue¥7.9bn2022-01-01 → 2022-12-31vCons.Net sales (5-year summary)
Revenue¥5.7bn2021-01-01 → 2021-12-31dCons.Net sales (5-year summary)
Operating income−¥335m2025-01-01 → 2025-12-31Cons.Operating income
Operating income−¥632m2024-01-01 → 2024-12-31Cons.Operating income
Ordinary income−¥664m2025-01-01 → 2025-12-31Cons.Ordinary income
Ordinary income−¥711m2024-01-01 → 2024-12-31Cons.Ordinary income
Ordinary income¥1.2bn2023-01-01 → 2023-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥922m2022-01-01 → 2022-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥515m2021-01-01 → 2021-12-31dCons.Ordinary income loss (5-year summary)
Profit before tax−¥966m2025-01-01 → 2025-12-31Cons.Income before income taxes
Profit before tax−¥711m2024-01-01 → 2024-12-31Cons.Income before income taxes
Net income (owners)−¥1.1bn2025-01-01 → 2025-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥695m2024-01-01 → 2024-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥781m2023-01-01 → 2023-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥557m2022-01-01 → 2022-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥339m2021-01-01 → 2021-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income−¥1.2bn2025-01-01 → 2025-12-31Cons.Profit loss
Net income−¥707m2024-01-01 → 2024-12-31Cons.Profit loss
Total assets¥18.4bnat 2025-12-31Cons.Assets
Total assets¥14.2bnat 2024-12-31Cons.Assets
Total assets¥10.9bnat 2023-12-31vCons.Total assets (5-year summary)
Total assets¥5.7bnat 2022-12-31vCons.Total assets (5-year summary)
Total assets¥3.8bnat 2021-12-31dCons.Total assets (5-year summary)
Total liabilities¥8.5bnat 2025-12-31Cons.Liabilities
Total liabilities¥3.4bnat 2024-12-31Cons.Liabilities
Net assets / equity¥9.9bnat 2025-12-31Cons.Net assets
Net assets / equity¥10.7bnat 2024-12-31Cons.Net assets
Net assets / equity¥6.8bnat 2023-12-31vCons.Net assets
Net assets / equity¥3.0bnat 2022-12-31vCons.Net assets (5-year summary)
Net assets / equity¥2.5bnat 2021-12-31dCons.Net assets (5-year summary)
Cash and deposits¥5.3bnat 2025-12-31Cons.Cash and deposits
Cash and deposits¥7.6bnat 2024-12-31Cons.Cash and deposits
Cash & equivalents¥3.9bnat 2025-12-31Cons.Cash and cash equivalents
Cash & equivalents¥7.6bnat 2024-12-31Cons.Cash and cash equivalents
Cash & equivalents¥5.8bnat 2023-12-31vCons.Cash and cash equivalents
Cash & equivalents¥3.2bnat 2022-12-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥1.8bnat 2021-12-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow−¥2.1bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥2.5bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥226m2023-01-01 → 2023-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.3bn2022-01-01 → 2022-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥317m2021-01-01 → 2021-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥2.7bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥64m2024-01-01 → 2024-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.4bn2023-01-01 → 2023-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥487m2022-01-01 → 2022-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥32m2021-01-01 → 2021-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥1.1bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in financing activities
Financing cash flow¥4.3bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in financing activities
Financing cash flow¥3.8bn2023-01-01 → 2023-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥647m2022-01-01 → 2022-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥405m2021-01-01 → 2021-12-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥-94.082025-01-01 → 2025-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-59.22024-01-01 → 2024-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥67.512023-01-01 → 2023-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥48.672022-01-01 → 2022-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥29.72021-01-01 → 2021-12-31dCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥66.472023-01-01 → 2023-12-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥47.932022-01-01 → 2022-12-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥29.242021-01-01 → 2021-12-31dCons.Diluted earnings per share (5-year summary)
Net assets per share¥143.68at 2025-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥225.09at 2024-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥315.81at 2023-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥255.37at 2022-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥215.4at 2021-12-31dCons.Net assets per share (5-year summary)
Equity ratio9.2%at 2025-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio18.6%at 2024-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio34.0%at 2023-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio51.7%at 2022-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio63.0%at 2021-12-31dCons.Equity to asset ratio (5-year summary)
ROE23.6%2023-01-01 → 2023-12-31vCons.Rate of return on equity (5-year summary)
ROE20.9%2022-01-01 → 2022-12-31vCons.Rate of return on equity (5-year summary)
ROE14.0%2021-01-01 → 2021-12-31dCons.Rate of return on equity (5-year summary)
Employees417at 2025-12-31Cons.Number of employees
Employees433at 2024-12-31Cons.Number of employees
Employees369at 2023-12-31vCons.Number of employees
Employees335at 2022-12-31vCons.Number of employees
Employees257at 2021-12-31dCons.Number of employees
Revenue¥8.1bn2025-01-01 → 2025-12-31StandaloneNet sales
Revenue¥8.8bn2024-01-01 → 2024-12-31StandaloneNet sales
Revenue¥9.6bn2023-01-01 → 2023-12-31vStandaloneNet sales (5-year summary)
Revenue¥7.5bn2022-01-01 → 2022-12-31vStandaloneNet sales (5-year summary)
Revenue¥5.7bn2021-01-01 → 2021-12-31dStandaloneNet sales (5-year summary)
Operating income−¥154m2025-01-01 → 2025-12-31StandaloneOperating income
Operating income−¥122m2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income−¥74m2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income−¥115m2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income¥1.6bn2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.1bn2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥513m2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax−¥203m2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax−¥111m2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income−¥314m2025-01-01 → 2025-12-31StandaloneProfit loss
Net income−¥115m2024-01-01 → 2024-12-31StandaloneProfit loss
Net income¥1.2bn2023-01-01 → 2023-12-31vStandaloneNet income loss (5-year summary)
Net income¥754m2022-01-01 → 2022-12-31vStandaloneNet income loss (5-year summary)
Net income¥345m2021-01-01 → 2021-12-31dStandaloneNet income loss (5-year summary)
Total assets¥7.0bnat 2025-12-31StandaloneAssets
Total assets¥6.9bnat 2024-12-31StandaloneAssets
Total assets¥8.2bnat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥5.6bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥3.8bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥3.5bnat 2025-12-31StandaloneLiabilities
Total liabilities¥3.1bnat 2024-12-31StandaloneLiabilities
Net assets / equity¥3.5bnat 2025-12-31StandaloneNet assets
Net assets / equity¥3.8bnat 2024-12-31StandaloneNet assets
Net assets / equity¥4.3bnat 2023-12-31vStandaloneNet assets
Net assets / equity¥3.1bnat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥2.4bnat 2021-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥1.3bnat 2025-12-31StandaloneCash and deposits
Cash and deposits¥1.1bnat 2024-12-31StandaloneCash and deposits
EPS (basic)¥-26.682025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-9.762024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥103.082023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥65.962022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥30.292021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥101.492023-01-01 → 2023-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥64.962022-01-01 → 2022-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥29.822021-01-01 → 2021-12-31dStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥412023-01-01 → 2023-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥282022-01-01 → 2022-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥102021-01-01 → 2021-12-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥290.87at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥317.15at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥366.3at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥270.56at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥213.24at 2021-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio49.0%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio54.1%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio52.6%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio54.9%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio62.7%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE32.2%2023-01-01 → 2023-12-31vStandaloneRate of return on equity (5-year summary)
ROE27.5%2022-01-01 → 2022-12-31vStandaloneRate of return on equity (5-year summary)
ROE14.5%2021-01-01 → 2021-12-31dStandaloneRate of return on equity (5-year summary)
Shares issued11,819,161at 2025-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued11,757,603at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued11,726,457at 2023-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued11,468,478at 2022-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued11,418,398at 2021-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees327at 2025-12-31StandaloneNumber of employees
Employees388at 2024-12-31StandaloneNumber of employees
Employees328at 2023-12-31vStandaloneNumber of employees
Employees304at 2022-12-31vStandaloneNumber of employees
Employees256at 2021-12-31dStandaloneNumber 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 · 18
SegmentItemPeriodValue
Reconciling Itemsreconcilingrevenue2025-01-01 → 2025-12-31−¥33m
Reconciling Itemsreconcilingrevenue intersegment2025-01-01 → 2025-12-31−¥33m
—segment totalcapex2025-01-01 → 2025-12-31¥21m
—segment totaldepreciation2025-01-01 → 2025-12-31¥103m
—segment totalrevenue2025-01-01 → 2025-12-31¥13.5bn
—segment totalrevenue external2025-01-01 → 2025-12-31¥13.5bn
—segment totalrevenue intersegment2025-01-01 → 2025-12-31¥33m
—segment totalsegment assetsat 2025-12-31¥18.4bn
—segment totalsegment profit2025-01-01 → 2025-12-31−¥335m
Reconciling Itemsreconcilingrevenue2024-01-01 → 2024-12-31−¥9m
Reconciling Itemsreconcilingrevenue intersegment2024-01-01 → 2024-12-31−¥9m
—segment totalcapex2024-01-01 → 2024-12-31¥27m
—segment totaldepreciation2024-01-01 → 2024-12-31¥66m
—segment totalrevenue2024-01-01 → 2024-12-31¥9.3bn
—segment totalrevenue external2024-01-01 → 2024-12-31¥9.3bn
—segment totalrevenue intersegment2024-01-01 → 2024-12-31¥9m
—segment totalsegment assetsat 2024-12-31¥14.2bn
—segment totalsegment profit2024-01-01 → 2024-12-31−¥632m

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

All source rows · 1,522
ItemContextValueUnit
Business policy business environment issues to address etc (text)FilingDateInstantText · Plus
Disclosure of sustainability related financial information (text)FilingDateInstantText · Plus
Governance (text)FilingDateInstantText · Plus
Risk management (text)FilingDateInstantText · Plus
Strategy (text)FilingDateInstantText · Plus
Metrics and targets (text)FilingDateInstantText · Plus
Policy on development of human resources and internal environment strategy (text)FilingDateInstantText · Plus
Description of metrics related to policy on development of human resources and internal environment and targets and performance using such metrics metrics and targets (text)FilingDateInstantText · Plus
Target period description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row1Member
Original text (Japanese)2026年度
Target period description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row2Member
Original text (Japanese)2026年度
Target period description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row3Member
Original text (Japanese)2026年度
Target period description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row4Member
Original text (Japanese)2026年度
Target period description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row5Member
Original text (Japanese)2026年度
Target period description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row6Member
Original text (Japanese)2026年度
Target period description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row7Member
Original text (Japanese)2026年度
Metrics description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row1Member
Original text (Japanese)男性の育児休業取得率
Metrics unit description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row1Member%
Metrics description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row2Member
Original text (Japanese)女性の育児休業取得率
Metrics unit description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row2Member%
Metrics description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row3Member
Original text (Japanese)幹部人材の平均勤続年数
Metrics unit description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row3Member
Original text (Japanese)年
Metrics description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row4Member
Original text (Japanese)有給休暇取得率
Metrics unit description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row4Member%
Metrics description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row5Member
Original text (Japanese)従業員に占める女性従業員の割合
Metrics unit description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row5Member%
Metrics description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row6Member
Original text (Japanese)管理職に占める女性従業員の割合
Metrics unit description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row6Member%
Metrics description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row7Member
Original text (Japanese)男女の賃金差異(男性の賃金に対する女性賃金の割合)
Metrics unit description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row7Member%
Target period description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row8Member
Original text (Japanese)2026年度
Target period description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row9Member
Original text (Japanese)2026年度
Target period description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row10Member
Original text (Japanese)2026年度
Metrics description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row8Member
Original text (Japanese)教育研修ツールの事業年度末の利用者割合(申込者数/非管理監督者人数)
Metrics unit description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row8Member%
Metrics description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row9Member
Original text (Japanese)ストレスチェック実施率
Metrics unit description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row9Member%
Metrics description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row10Member
Original text (Japanese)部署間異動者数
Metrics unit description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row10Member
Original text (Japanese)名
Target period description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row11Member
Original text (Japanese)2026年度
Target period description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row12Member
Original text (Japanese)2026年度
Metrics description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row11Member
Original text (Japanese)海外・提携先企業への出向者数
Metrics unit description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row11Member
Original text (Japanese)名
Metrics description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row12Member
Original text (Japanese)役員・CxO派遣者数
Metrics unit description of metrics related to policy on development of human resources and internal environment and targets and performance using such metricsCurrentYearInstant_Row12Member
Original text (Japanese)名
Business risks (text)FilingDateInstantText · Plus
Management analysis of financial position operating results and cash flows (text)FilingDateInstantText · Plus
Critical contracts (text)FilingDateInstantText · Plus
Research and development activities (text)FilingDateInstantText · Plus
Overview of capital expenditures etc (text)FilingDateInstantText · Plus
Major facilities (text)FilingDateInstantText · Plus

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 identityconsolidated 2024-12-31pass rounding
balance sheet identityconsolidated 2025-12-31pass
balance sheet identitynon_consolidated 2024-12-31pass
balance sheet identitynon_consolidated 2025-12-31pass
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2023-12-31pass
statement vs summary · net assetsconsolidated 2024-12-31pass
statement vs summary · net assetsconsolidated 2025-12-31pass
statement vs summary · net assetsnon_consolidated 2023-12-31pass
statement vs summary · net assetsnon_consolidated 2024-12-31pass
statement vs summary · net assetsnon_consolidated 2025-12-31pass
statement vs summary · net income attributable to parentconsolidated 2024-01-01/2024-12-31pass
statement vs summary · net income attributable to parentconsolidated 2025-01-01/2025-12-31pass
statement vs summary · operating cash flowconsolidated 2024-01-01/2024-12-31pass
statement vs summary · operating cash flowconsolidated 2025-01-01/2025-12-31pass
statement vs summary · revenueconsolidated 2024-01-01/2024-12-31pass
statement vs summary · revenueconsolidated 2025-01-01/2025-12-31pass
statement vs summary · revenuenon_consolidated 2024-01-01/2024-12-31pass
statement vs summary · revenuenon_consolidated 2025-01-01/2025-12-31pass
statement vs summary · total assetsconsolidated 2024-12-31pass
statement vs summary · total assetsconsolidated 2025-12-31pass
statement vs summary · total assetsnon_consolidated 2024-12-31pass
statement vs summary · total assetsnon_consolidated 2025-12-31pass