Annual report

Period2025-01-01 → 2025-12-31
Filed2026-03-19
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 149
MetricValuePeriodScopeSource row
Revenue¥4.8bn2025-01-01 → 2025-12-31Cons.Net sales
Revenue¥3.8bn2024-01-01 → 2024-12-31Cons.Net sales
Revenue¥3.4bn2023-01-01 → 2023-12-31vCons.Net sales (5-year summary)
Revenue¥2.9bn2022-01-01 → 2022-12-31vCons.Net sales (5-year summary)
Revenue¥2.1bn2021-01-01 → 2021-12-31dCons.Net sales (5-year summary)
Operating income¥1.1bn2025-01-01 → 2025-12-31Cons.Operating income
Operating income¥874m2024-01-01 → 2024-12-31Cons.Operating income
Ordinary income¥1.1bn2025-01-01 → 2025-12-31Cons.Ordinary income
Ordinary income¥872m2024-01-01 → 2024-12-31Cons.Ordinary income
Ordinary income¥869m2023-01-01 → 2023-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥634m2022-01-01 → 2022-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income−¥35m2021-01-01 → 2021-12-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥1.1bn2025-01-01 → 2025-12-31Cons.Income before income taxes
Profit before tax¥872m2024-01-01 → 2024-12-31Cons.Income before income taxes
Net income (owners)¥784m2025-01-01 → 2025-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥595m2024-01-01 → 2024-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥608m2023-01-01 → 2023-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥412m2022-01-01 → 2022-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥79m2021-01-01 → 2021-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥784m2025-01-01 → 2025-12-31Cons.Profit loss
Net income¥595m2024-01-01 → 2024-12-31Cons.Profit loss
Total assets¥3.9bnat 2025-12-31Cons.Assets
Total assets¥2.7bnat 2024-12-31Cons.Assets
Total assets¥2.3bnat 2023-12-31vCons.Total assets (5-year summary)
Total assets¥2.1bnat 2022-12-31vCons.Total assets (5-year summary)
Total assets¥1.5bnat 2021-12-31dCons.Total assets (5-year summary)
Total liabilities¥1.5bnat 2025-12-31Cons.Liabilities
Total liabilities¥944mat 2024-12-31Cons.Liabilities
Net assets / equity¥2.4bnat 2025-12-31Cons.Net assets
Net assets / equity¥1.8bnat 2024-12-31Cons.Net assets
Net assets / equity¥1.4bnat 2023-12-31vCons.Net assets
Net assets / equity¥781mat 2022-12-31vCons.Net assets (5-year summary)
Net assets / equity¥368mat 2021-12-31dCons.Net assets (5-year summary)
Cash and deposits¥1.8bnat 2025-12-31Cons.Cash and deposits
Cash and deposits¥1.7bnat 2024-12-31Cons.Cash and deposits
Cash & equivalents¥1.8bnat 2025-12-31Cons.Cash and cash equivalents
Cash & equivalents¥1.7bnat 2024-12-31Cons.Cash and cash equivalents
Cash & equivalents¥1.5bnat 2023-12-31vCons.Cash and cash equivalents
Cash & equivalents¥1.4bnat 2022-12-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥966mat 2021-12-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥864m2025-01-01 → 2025-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥619m2024-01-01 → 2024-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥449m2023-01-01 → 2023-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥610m2022-01-01 → 2022-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥54m2021-01-01 → 2021-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥579m2025-01-01 → 2025-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥50m2024-01-01 → 2024-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥68m2023-01-01 → 2023-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥7m2022-01-01 → 2022-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥68m2021-01-01 → 2021-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥211m2025-01-01 → 2025-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥323m2024-01-01 → 2024-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥371m2023-01-01 → 2023-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥120m2022-01-01 → 2022-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥18m2021-01-01 → 2021-12-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥107.282025-01-01 → 2025-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥81.212024-01-01 → 2024-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥83.732023-01-01 → 2023-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥57.222022-01-01 → 2022-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-11.12021-01-01 → 2021-12-31dCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥105.542025-01-01 → 2025-12-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥79.162024-01-01 → 2024-12-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥80.322023-01-01 → 2023-12-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥54.492022-01-01 → 2022-12-31vCons.Diluted earnings per share (5-year summary)
Net assets per share¥331.5at 2025-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥241.89at 2024-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥188.74at 2023-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥107.94at 2022-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥51.27at 2021-12-31dCons.Net assets per share (5-year summary)
Equity ratio62.6%at 2025-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio65.1%at 2024-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio60.1%at 2023-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio36.7%at 2022-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio23.9%at 2021-12-31dCons.Equity to asset ratio (5-year summary)
ROE37.4%2025-01-01 → 2025-12-31Cons.Rate of return on equity (5-year summary)
ROE37.8%2024-01-01 → 2024-12-31Cons.Rate of return on equity (5-year summary)
ROE56.1%2023-01-01 → 2023-12-31vCons.Rate of return on equity (5-year summary)
ROE71.8%2022-01-01 → 2022-12-31vCons.Rate of return on equity (5-year summary)
ROE-19.4%2021-01-01 → 2021-12-31dCons.Rate of return on equity (5-year summary)
Employees335at 2025-12-31Cons.Number of employees
Employees297at 2024-12-31Cons.Number of employees
Employees272at 2023-12-31vCons.Number of employees
Employees242at 2022-12-31vCons.Number of employees
Employees266at 2021-12-31dCons.Number of employees
Revenue¥4.4bn2025-01-01 → 2025-12-31StandaloneNet sales
Revenue¥3.8bn2024-01-01 → 2024-12-31StandaloneNet sales
Revenue¥3.4bn2023-01-01 → 2023-12-31vStandaloneNet sales (5-year summary)
Revenue¥2.9bn2022-01-01 → 2022-12-31vStandaloneNet sales (5-year summary)
Revenue¥2.1bn2021-01-01 → 2021-12-31dStandaloneNet sales (5-year summary)
Operating income¥1.1bn2025-01-01 → 2025-12-31StandaloneOperating income
Operating income¥882m2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income¥1.1bn2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income¥880m2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income¥870m2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥635m2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥36m2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥1.1bn2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax¥880m2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income¥827m2025-01-01 → 2025-12-31StandaloneProfit loss
Net income¥604m2024-01-01 → 2024-12-31StandaloneProfit loss
Net income¥610m2023-01-01 → 2023-12-31vStandaloneNet income loss (5-year summary)
Net income¥413m2022-01-01 → 2022-12-31vStandaloneNet income loss (5-year summary)
Net income−¥79m2021-01-01 → 2021-12-31dStandaloneNet income loss (5-year summary)
Total assets¥3.5bnat 2025-12-31StandaloneAssets
Total assets¥2.7bnat 2024-12-31StandaloneAssets
Total assets¥2.3bnat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥2.1bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥1.5bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥1.1bnat 2025-12-31StandaloneLiabilities
Total liabilities¥942mat 2024-12-31StandaloneLiabilities
Net assets / equity¥2.5bnat 2025-12-31StandaloneNet assets
Net assets / equity¥1.8bnat 2024-12-31StandaloneNet assets
Net assets / equity¥1.4bnat 2023-12-31vStandaloneNet assets
Net assets / equity¥779mat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥366mat 2021-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥1.6bnat 2025-12-31StandaloneCash and deposits
Cash and deposits¥1.7bnat 2024-12-31StandaloneCash and deposits
EPS (basic)¥113.222025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥82.372024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥83.952023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥57.362022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-11.152021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥111.382025-01-01 → 2025-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥80.292024-01-01 → 2024-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥80.532023-01-01 → 2023-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥54.622022-01-01 → 2022-12-31vStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥212025-01-01 → 2025-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥162024-01-01 → 2024-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥332023-01-01 → 2023-12-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥338.59at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥243.07at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥188.75at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥107.72at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥50.92at 2021-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio70.1%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio65.3%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio60.2%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio36.7%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio23.8%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE38.9%2025-01-01 → 2025-12-31StandaloneRate of return on equity (5-year summary)
ROE38.2%2024-01-01 → 2024-12-31StandaloneRate of return on equity (5-year summary)
ROE56.2%2023-01-01 → 2023-12-31vStandaloneRate of return on equity (5-year summary)
ROE72.2%2022-01-01 → 2022-12-31vStandaloneRate of return on equity (5-year summary)
ROE-19.6%2021-01-01 → 2021-12-31dStandaloneRate of return on equity (5-year summary)
Employees324at 2025-12-31StandaloneNumber of employees
Employees296at 2024-12-31StandaloneNumber of employees
Employees270at 2023-12-31vStandaloneNumber of employees
Employees241at 2022-12-31vStandaloneNumber of employees
Employees265at 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 · 27
SegmentItemPeriodValue
Sporting Equipment Planning And Sales Businessreportable segmentdepreciation2025-01-01 → 2025-12-31¥642,000
Sporting Equipment Planning And Sales Businessreportable segmentemployeesat 2025-12-3110 pure
Sporting Equipment Planning And Sales Businessreportable segmentrevenue2025-01-01 → 2025-12-31¥354m
Sporting Equipment Planning And Sales Businessreportable segmentrevenue external2025-01-01 → 2025-12-31¥354m
Sporting Equipment Planning And Sales Businessreportable segmentrevenue intersegment2025-01-01 → 2025-12-31¥285,000
Sporting Equipment Planning And Sales Businessreportable segmentsegment profit2025-01-01 → 2025-12-31−¥35m
Sports Human Capital Recruitment Support Businessreportable segmentdepreciation2025-01-01 → 2025-12-31¥36m
Sports Human Capital Recruitment Support Businessreportable segmentemployeesat 2025-12-31275 pure
Sports Human Capital Recruitment Support Businessreportable segmentrevenue2025-01-01 → 2025-12-31¥4.4bn
Sports Human Capital Recruitment Support Businessreportable segmentrevenue external2025-01-01 → 2025-12-31¥4.4bn
Sports Human Capital Recruitment Support Businessreportable segmentsegment profit2025-01-01 → 2025-12-31¥1.1bn
—segment totaldepreciation2025-01-01 → 2025-12-31¥37m
—segment totalrevenue2025-01-01 → 2025-12-31¥4.8bn
—segment totalrevenue external2025-01-01 → 2025-12-31¥4.8bn
—segment totalrevenue intersegment2025-01-01 → 2025-12-31¥285,000
—segment totalsegment profit2025-01-01 → 2025-12-31¥1.1bn
Total Of Reportable Segments And Otherssegment totalrevenue2025-01-01 → 2025-12-31−¥285,000
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2025-01-01 → 2025-12-31−¥285,000
Total Of Reportable Segments And Otherssegment totalsegment profit2025-01-01 → 2025-12-31¥7,000
Sports Human Capital Recruitment Support Businessreportable segmentdepreciation2024-01-01 → 2024-12-31¥32m
Sports Human Capital Recruitment Support Businessreportable segmentrevenue2024-01-01 → 2024-12-31¥3.8bn
Sports Human Capital Recruitment Support Businessreportable segmentrevenue external2024-01-01 → 2024-12-31¥3.8bn
Sports Human Capital Recruitment Support Businessreportable segmentsegment profit2024-01-01 → 2024-12-31¥874m
—segment totaldepreciation2024-01-01 → 2024-12-31¥32m
—segment totalrevenue2024-01-01 → 2024-12-31¥3.8bn
—segment totalrevenue external2024-01-01 → 2024-12-31¥3.8bn
—segment totalsegment profit2024-01-01 → 2024-12-31¥874m

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

All source rows · 1,191
ItemContextValueUnit
Income before income taxesPrior1YearDuration872058000JPY
Income before income taxesCurrentYearDuration1082620000JPY
Income taxes currentPrior1YearDuration263173000JPY
Income taxes currentCurrentYearDuration371031000JPY
Income taxes deferredPrior1YearDuration13589000JPY
Income taxes deferredCurrentYearDuration-71949000JPY
Income taxesPrior1YearDuration276762000JPY
Income taxesCurrentYearDuration299082000JPY
Profit lossPrior1YearDuration595295000JPY
Profit lossCurrentYearDuration783538000JPY
Profit loss attributable to owners of parentPrior1YearDuration595295000JPY
Profit loss attributable to owners of parentCurrentYearDuration783538000JPY
Profit lossPrior1YearDuration595295000JPY
Profit lossCurrentYearDuration783538000JPY
Other comprehensive incomePrior1YearDuration-JPY
Other comprehensive incomeCurrentYearDuration-JPY
Comprehensive incomePrior1YearDuration595295000JPY
Comprehensive incomeCurrentYearDuration783538000JPY
Comprehensive income attributable to owners of the parentPrior1YearDuration595295000JPY
Comprehensive income attributable to owners of the parentCurrentYearDuration783538000JPY
Comprehensive income attributable to non controlling interestsPrior1YearDuration-JPY
Comprehensive income attributable to non controlling interestsCurrentYearDuration-JPY
Net assetsPrior2YearInstant_CapitalStockMember93513000JPY
Net assetsPrior2YearInstant_CapitalSurplusMember83213000JPY
Net assetsPrior2YearInstant_RetainedEarningsMember1213148000JPY
Net assetsPrior2YearInstant_TreasuryStockMember-375000JPY
Net assetsPrior2YearInstant_ShareholdersEquityMember1389498000JPY
Net assetsPrior2YearInstant1389498000JPY
Issuance of new sharesPrior1YearDuration_CapitalStockMember137000JPY
Issuance of new sharesPrior1YearDuration_CapitalSurplusMember137000JPY
Issuance of new sharesPrior1YearDuration_ShareholdersEquityMember274000JPY
Issuance of new sharesPrior1YearDuration274000JPY
Dividends from surplusPrior1YearDuration_RetainedEarningsMember-121472000JPY
Dividends from surplusPrior1YearDuration_ShareholdersEquityMember-121472000JPY
Dividends from surplusPrior1YearDuration-121472000JPY
Profit loss attributable to owners of parentPrior1YearDuration_RetainedEarningsMember595295000JPY
Profit loss attributable to owners of parentPrior1YearDuration_ShareholdersEquityMember595295000JPY
Profit loss attributable to owners of parentPrior1YearDuration595295000JPY
Purchase of treasury stockPrior1YearDuration_TreasuryStockMember-99994000JPY
Purchase of treasury stockPrior1YearDuration_ShareholdersEquityMember-99994000JPY
Purchase of treasury stockPrior1YearDuration-99994000JPY
Total changes of items during the periodPrior1YearDuration_CapitalStockMember137000JPY
Total changes of items during the periodPrior1YearDuration_CapitalSurplusMember137000JPY
Total changes of items during the periodPrior1YearDuration_RetainedEarningsMember473822000JPY
Total changes of items during the periodPrior1YearDuration_TreasuryStockMember-99994000JPY
Total changes of items during the periodPrior1YearDuration_ShareholdersEquityMember374102000JPY
Total changes of items during the periodPrior1YearDuration374102000JPY
Net assetsPrior1YearInstant_CapitalStockMember93650000JPY
Net assetsPrior1YearInstant_CapitalSurplusMember83350000JPY
Net assetsPrior1YearInstant_RetainedEarningsMember1686971000JPY

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 rounding
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