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
Noncurrent liabilitiesPrior1YearInstant181170000JPY
Noncurrent liabilitiesCurrentYearInstant413209000JPY
LiabilitiesPrior1YearInstant944070000JPY
LiabilitiesCurrentYearInstant1455274000JPY
Capital stockPrior1YearInstant93650000JPY
Capital stockCurrentYearInstant93742000JPY
Capital surplusPrior1YearInstant83350000JPY
Capital surplusCurrentYearInstant83442000JPY
Retained earningsPrior1YearInstant1686971000JPY
Retained earningsCurrentYearInstant2353854000JPY
Treasury stockPrior1YearInstant-100370000JPY
Treasury stockCurrentYearInstant-100370000JPY
Shareholders equityPrior1YearInstant1763601000JPY
Shareholders equityCurrentYearInstant2430668000JPY
Net assetsPrior1YearInstant1763601000JPY
Net assetsCurrentYearInstant2430668000JPY
Liabilities and net assetsPrior1YearInstant2707672000JPY
Liabilities and net assetsCurrentYearInstant3885943000JPY
Net salesPrior1YearDuration3845234000JPY
Net salesCurrentYearDuration4784887000JPY
Cost of salesPrior1YearDuration179422000JPY
Cost of salesCurrentYearDuration454116000JPY
Gross profitPrior1YearDuration3665811000JPY
Gross profitCurrentYearDuration4330771000JPY
Selling general and administrative expensesPrior1YearDuration2791743000JPY
Selling general and administrative expensesCurrentYearDuration3251896000JPY
Operating incomePrior1YearDuration874068000JPY
Operating incomeCurrentYearDuration1078874000JPY
Interest income noiPrior1YearDuration161000JPY
Interest income noiCurrentYearDuration2868000JPY
Dividends income noiPrior1YearDuration0JPY
Dividends income noiCurrentYearDuration0JPY
Subsidy income noi bountyPrior1YearDuration-JPY
Subsidy income noi bountyCurrentYearDuration200000JPY
Insurance premiums refunded cancellation noiPrior1YearDuration-JPY
Insurance premiums refunded cancellation noiCurrentYearDuration2599000JPY
Other noiPrior1YearDuration26000JPY
Other noiCurrentYearDuration598000JPY
Non operating incomePrior1YearDuration188000JPY
Non operating incomeCurrentYearDuration6266000JPY
Interest expenses noePrior1YearDuration1595000JPY
Interest expenses noeCurrentYearDuration2207000JPY
Commission for purchase of treasury stock noePrior1YearDuration321000JPY
Commission for purchase of treasury stock noeCurrentYearDuration-JPY
Other noePrior1YearDuration281000JPY
Other noeCurrentYearDuration313000JPY
Non operating expensesPrior1YearDuration2198000JPY
Non operating expensesCurrentYearDuration2520000JPY
Ordinary incomePrior1YearDuration872058000JPY
Ordinary incomeCurrentYearDuration1082620000JPY

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