Annual report

Period2025-01-01 → 2025-12-31

Filed2026-03-27

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 146

Metric	Value	Period	Scope	Source row
Revenue	¥15.7bn	2025-01-01 → 2025-12-31	Cons.	Net sales
Revenue	¥13.5bn	2024-01-01 → 2024-12-31	Cons.	Net sales
Revenue	¥9.1bn	2023-01-01 → 2023-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥11.8bn	2022-01-01 → 2022-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥11.7bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥41m	2025-01-01 → 2025-12-31	Cons.	Operating income
Operating income	−¥149m	2024-01-01 → 2024-12-31	Cons.	Operating income
Ordinary income	¥232m	2025-01-01 → 2025-12-31	Cons.	Ordinary income
Ordinary income	−¥133m	2024-01-01 → 2024-12-31	Cons.	Ordinary income
Ordinary income	−¥424m	2023-01-01 → 2023-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	−¥131m	2022-01-01 → 2022-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	−¥112m	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥182m	2025-01-01 → 2025-12-31	Cons.	Income before income taxes
Profit before tax	−¥98m	2024-01-01 → 2024-12-31	Cons.	Income before income taxes
Net income (owners)	¥199m	2025-01-01 → 2025-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥114m	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥983m	2023-01-01 → 2023-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	−¥233m	2022-01-01 → 2022-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	−¥260m	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥228m	2025-01-01 → 2025-12-31	Cons.	Profit loss
Net income	−¥113m	2024-01-01 → 2024-12-31	Cons.	Profit loss
Total assets	¥4.2bn	at 2025-12-31	Cons.	Assets
Total assets	¥4.3bn	at 2024-12-31	Cons.	Assets
Total assets	¥3.5bn	at 2023-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥4.9bn	at 2022-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥5.0bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥3.5bn	at 2025-12-31	Cons.	Liabilities
Total liabilities	¥3.8bn	at 2024-12-31	Cons.	Liabilities
Net assets / equity	¥650m	at 2025-12-31	Cons.	Net assets
Net assets / equity	¥495m	at 2024-12-31	Cons.	Net assets
Net assets / equity	¥583m	at 2023-12-31^v	Cons.	Net assets
Net assets / equity	¥1.6bn	at 2022-12-31^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥1.9bn	at 2021-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥1.6bn	at 2025-12-31	Cons.	Cash and deposits
Cash and deposits	¥1.4bn	at 2024-12-31	Cons.	Cash and deposits
Cash & equivalents	¥1.6bn	at 2025-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥1.4bn	at 2024-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥2.0bn	at 2023-12-31^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥2.1bn	at 2022-12-31^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥2.0bn	at 2021-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥304m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥161m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥2m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥157m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥430m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥35m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥118m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	¥1m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥191m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥397m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	¥20m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥285m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥184m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥204m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥515m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥27.88	2025-01-01 → 2025-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-16.47	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-141.95	2023-01-01 → 2023-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-33.59	2022-01-01 → 2022-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-36.65	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥27.79	2025-01-01 → 2025-12-31	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥79.77	at 2025-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥62.64	at 2024-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥76.67	at 2023-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥218.93	at 2022-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥265.76	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	13.6%	at 2025-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	10.4%	at 2024-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	15.0%	at 2023-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	31.2%	at 2022-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	36.8%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	39.4%	2025-01-01 → 2025-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	-23.5%	2024-01-01 → 2024-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	-96.1%	2023-01-01 → 2023-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	-13.8%	2022-01-01 → 2022-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	-12.8%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	161	at 2025-12-31	Cons.	Number of employees
Employees	149	at 2024-12-31	Cons.	Number of employees
Employees	156	at 2023-12-31^v	Cons.	Number of employees
Employees	180	at 2022-12-31^v	Cons.	Number of employees
Employees	191	at 2021-12-31^d	Cons.	Number of employees
Revenue	¥14.6bn	2025-01-01 → 2025-12-31	Standalone	Net sales
Revenue	¥12.6bn	2024-01-01 → 2024-12-31	Standalone	Net sales
Revenue	¥8.8bn	2023-01-01 → 2023-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥11.6bn	2022-01-01 → 2022-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥11.5bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥8m	2025-01-01 → 2025-12-31	Standalone	Operating income
Operating income	¥23m	2024-01-01 → 2024-12-31	Standalone	Operating income
Ordinary income	¥211m	2025-01-01 → 2025-12-31	Standalone	Ordinary income
Ordinary income	¥37m	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	−¥259m	2023-01-01 → 2023-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥17m	2022-01-01 → 2022-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥42m	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥81m	2025-01-01 → 2025-12-31	Standalone	Income before income taxes
Profit before tax	−¥216m	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Net income	¥158m	2025-01-01 → 2025-12-31	Standalone	Profit loss
Net income	−¥210m	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	−¥938m	2023-01-01 → 2023-12-31^v	Standalone	Net income loss (5-year summary)
Net income	−¥214m	2022-01-01 → 2022-12-31^v	Standalone	Net income loss (5-year summary)
Net income	−¥275m	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥3.9bn	at 2025-12-31	Standalone	Assets
Total assets	¥4.0bn	at 2024-12-31	Standalone	Assets
Total assets	¥3.5bn	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	¥4.9bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥3.3bn	at 2025-12-31	Standalone	Liabilities
Total liabilities	¥3.6bn	at 2024-12-31	Standalone	Liabilities
Net assets / equity	¥619m	at 2025-12-31	Standalone	Net assets
Net assets / equity	¥469m	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥632m	at 2023-12-31^v	Standalone	Net assets
Net assets / equity	¥1.6bn	at 2022-12-31^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥1.9bn	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥1.3bn	at 2025-12-31	Standalone	Cash and deposits
Cash and deposits	¥1.1bn	at 2024-12-31	Standalone	Cash and deposits
EPS (basic)	¥22.17	2025-01-01 → 2025-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-30.35	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-135.42	2023-01-01 → 2023-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-30.95	2022-01-01 → 2022-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-38.77	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥22	2025-01-01 → 2025-12-31	Standalone	Diluted earnings per share (5-year summary)
Dividend per share	¥5	2021-01-01 → 2021-12-31^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥86.26	at 2025-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥66.62	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥90.84	at 2023-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥226.39	at 2022-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥269.65	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	15.7%	at 2025-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	11.6%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	18.1%	at 2023-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	33.1%	at 2022-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	38.3%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	29.1%	2025-01-01 → 2025-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	-38.3%	2024-01-01 → 2024-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	-85.4%	2023-01-01 → 2023-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	-12.5%	2022-01-01 → 2022-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	-13.3%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	7,367,300	at 2025-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	7,237,360	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	7,124,160	at 2023-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	7,118,560	at 2022-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	7,117,520	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	108	at 2025-12-31	Standalone	Number of employees
Employees	99	at 2024-12-31	Standalone	Number of employees
Employees	111	at 2023-12-31^v	Standalone	Number of employees
Employees	139	at 2022-12-31^v	Standalone	Number of employees
Employees	141	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 · 1,324

Item	Context	Value	Unit
Average number of temporary workers	Prior4YearInstant_NonConsolidatedMember	16
Average number of temporary workers	Prior3YearInstant_NonConsolidatedMember	30
Average number of temporary workers	Prior2YearInstant_NonConsolidatedMember	27
Average number of temporary workers	Prior1YearInstant_NonConsolidatedMember	25
Average number of temporary workers	CurrentYearInstant_NonConsolidatedMember	29
Total shareholder return	Prior4YearInstant_NonConsolidatedMember	0.386
Total shareholder return	Prior3YearInstant_NonConsolidatedMember	0.347
Total shareholder return	Prior2YearInstant_NonConsolidatedMember	0.195
Total shareholder return	Prior1YearInstant_NonConsolidatedMember	0.151
Total shareholder return	CurrentYearInstant_NonConsolidatedMember	0.253
Total return on share price index	Prior4YearInstant_NonConsolidatedMember	1.211
Total return on share price index	Prior3YearInstant_NonConsolidatedMember	1.181
Total return on share price index	Prior2YearInstant_NonConsolidatedMember	1.515
Total return on share price index	Prior1YearInstant_NonConsolidatedMember	1.825
Total return on share price index	CurrentYearInstant_NonConsolidatedMember	2.132
Number of employees	CurrentYearInstant	161
Average number of temporary workers	CurrentYearInstant	36
Number of employees	CurrentYearInstant_NonConsolidatedMember	108
Average number of temporary workers	CurrentYearInstant_NonConsolidatedMember	29
Average age years information about reporting company information about employees	CurrentYearInstant_NonConsolidatedMember	33.2
Average length of service years information about reporting company information about employees	CurrentYearInstant_NonConsolidatedMember	4.6
Average annual salary information about reporting company information about employees	CurrentYearInstant_NonConsolidatedMember	5995894	JPY
Ratio of female employees in managerial positions metrics of reporting company	CurrentYearInstant_NonConsolidatedMember	0.143
All employees calculated based on provisions of article714 item1 of ordinance for enforcement of act on childcare leave caregiver leave and other measures for the welfare of workers caring for children or other family members ratio of male employees taking childcare leave metrics of reporting company	CurrentYearInstant_NonConsolidatedMember	0.667
All employees differences in wages between male and female employees metrics of reporting company	CurrentYearInstant_NonConsolidatedMember	－
Regular employees differences in wages between male and female employees metrics of reporting company	CurrentYearInstant_NonConsolidatedMember	－
Non regular employees differences in wages between male and female employees metrics of reporting company	CurrentYearInstant_NonConsolidatedMember	－
Capital expenditures overview of capital expenditures etc	CurrentYearDuration	54595000	JPY
Number of issued shares as of fiscal year end issued shares total number of shares etc	FilingDateInstant_OrdinaryShareMember	7367300
Number of issued shares as of filing date issued shares total number of shares etc	FilingDateInstant_OrdinaryShareMember	7367300
Number of issued shares as of fiscal year end issued shares total number of shares etc	FilingDateInstant	7367300
Number of issued shares as of filing date issued shares total number of shares etc	FilingDateInstant	7367300
Number of shares constituting one unit	CurrentYearInstant_OrdinaryShareMember	100
Number of shareholders national and local governments	CurrentYearInstant_OrdinaryShareMember	－
Number of shareholders financial institutions	CurrentYearInstant_OrdinaryShareMember	－
Number of shareholders financial service providers	CurrentYearInstant_OrdinaryShareMember	17
Number of shareholders other corporations	CurrentYearInstant_OrdinaryShareMember	51
Number of shareholders foreign investors other than individuals	CurrentYearInstant_OrdinaryShareMember	17
Number of shareholders foreign individual investors	CurrentYearInstant_OrdinaryShareMember	31
Number of shareholders individuals and others	CurrentYearInstant_OrdinaryShareMember	3869
Number of shareholders total	CurrentYearInstant_OrdinaryShareMember	3985
Number of shares held number of units national and local governments	CurrentYearInstant_OrdinaryShareMember	－
Number of shares held number of units financial institutions	CurrentYearInstant_OrdinaryShareMember	－
Number of shares held number of units financial service providers	CurrentYearInstant_OrdinaryShareMember	919
Number of shares held number of units other corporations	CurrentYearInstant_OrdinaryShareMember	25194
Number of shares held number of units foreign investors other than individuals	CurrentYearInstant_OrdinaryShareMember	1442
Number of shares held number of units foreign individual investors	CurrentYearInstant_OrdinaryShareMember	240
Number of shares held number of units individuals and others	CurrentYearInstant_OrdinaryShareMember	45824
Number of shares held number of units total	CurrentYearInstant_OrdinaryShareMember	73619
Number of shares held shares less than one unit	CurrentYearInstant_OrdinaryShareMember	5400

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 rounding
balance sheet identity	non_consolidated 2024-12-31	pass rounding
balance sheet identity	non_consolidated 2025-12-31	pass
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