Annual report

Period2025-01-01 → 2025-12-31

Filed2026-03-27

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 141

Metric	Value	Period	Scope	Source row
Revenue	¥3.7bn	2025-01-01 → 2025-12-31	Cons.	Net sales
Revenue	¥3.6bn	2024-01-01 → 2024-12-31	Cons.	Net sales
Revenue	¥3.5bn	2023-01-01 → 2023-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥3.4bn	2022-01-01 → 2022-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥3.0bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥2m	2025-01-01 → 2025-12-31	Cons.	Operating income
Operating income	−¥132m	2024-01-01 → 2024-12-31	Cons.	Operating income
Ordinary income	¥18m	2025-01-01 → 2025-12-31	Cons.	Ordinary income
Ordinary income	−¥118m	2024-01-01 → 2024-12-31	Cons.	Ordinary income
Ordinary income	−¥172m	2023-01-01 → 2023-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥108m	2022-01-01 → 2022-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥71m	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥18m	2025-01-01 → 2025-12-31	Cons.	Income before income taxes
Profit before tax	−¥118m	2024-01-01 → 2024-12-31	Cons.	Income before income taxes
Net income (owners)	−¥2m	2025-01-01 → 2025-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥115m	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥193m	2023-01-01 → 2023-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥77m	2022-01-01 → 2022-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥49m	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	−¥2m	2025-01-01 → 2025-12-31	Cons.	Profit loss
Net income	−¥115m	2024-01-01 → 2024-12-31	Cons.	Profit loss
Total assets	¥1.3bn	at 2025-12-31	Cons.	Assets
Total assets	¥1.3bn	at 2024-12-31	Cons.	Assets
Total assets	¥1.2bn	at 2023-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥1.5bn	at 2022-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥1.2bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥772m	at 2025-12-31	Cons.	Liabilities
Total liabilities	¥988m	at 2024-12-31	Cons.	Liabilities
Net assets / equity	¥543m	at 2025-12-31	Cons.	Net assets
Net assets / equity	¥352m	at 2024-12-31	Cons.	Net assets
Net assets / equity	¥440m	at 2023-12-31^v	Cons.	Net assets
Net assets / equity	¥727m	at 2022-12-31^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥645m	at 2021-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥546m	at 2025-12-31	Cons.	Cash and deposits
Cash and deposits	¥579m	at 2024-12-31	Cons.	Cash and deposits
Cash & equivalents	¥546m	at 2025-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥579m	at 2024-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥557m	at 2023-12-31^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥849m	at 2022-12-31^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥634m	at 2021-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥13m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥186m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥250m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥94m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥113m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥26m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥16m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥15m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥15m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥56m	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	¥225m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥28m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥136m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥72m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥-1.01	2025-01-01 → 2025-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-66.69	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-110.47	2023-01-01 → 2023-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥42.89	2022-01-01 → 2022-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥27.3	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥41.87	2022-01-01 → 2022-12-31^v	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥26.24	2021-01-01 → 2021-12-31^d	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥255.17	at 2025-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥197.47	at 2024-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥253.97	at 2023-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥404.19	at 2022-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥359.23	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	40.8%	at 2025-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	25.8%	at 2024-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	37.1%	at 2023-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	49.8%	at 2022-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	55.4%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	11.2%	2022-01-01 → 2022-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	7.9%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	439	at 2025-12-31	Cons.	Number of employees
Employees	411	at 2024-12-31	Cons.	Number of employees
Employees	417	at 2023-12-31^v	Cons.	Number of employees
Employees	426	at 2022-12-31^v	Cons.	Number of employees
Employees	359	at 2021-12-31^d	Cons.	Number of employees
Revenue	¥3.1bn	2025-01-01 → 2025-12-31	Standalone	Net sales
Revenue	¥3.0bn	2024-01-01 → 2024-12-31	Standalone	Net sales
Revenue	¥2.9bn	2023-01-01 → 2023-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥3.0bn	2022-01-01 → 2022-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥2.8bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Operating income	−¥35m	2025-01-01 → 2025-12-31	Standalone	Operating income
Operating income	−¥161m	2024-01-01 → 2024-12-31	Standalone	Operating income
Ordinary income	−¥14m	2025-01-01 → 2025-12-31	Standalone	Ordinary income
Ordinary income	−¥142m	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	−¥147m	2023-01-01 → 2023-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥72m	2022-01-01 → 2022-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥56m	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	−¥14m	2025-01-01 → 2025-12-31	Standalone	Income before income taxes
Profit before tax	−¥163m	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Net income	−¥22m	2025-01-01 → 2025-12-31	Standalone	Profit loss
Net income	−¥147m	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	−¥228m	2023-01-01 → 2023-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥49m	2022-01-01 → 2022-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥38m	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥1.1bn	at 2025-12-31	Standalone	Assets
Total assets	¥1.1bn	at 2024-12-31	Standalone	Assets
Total assets	¥977m	at 2023-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥1.3bn	at 2022-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥1.1bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥713m	at 2025-12-31	Standalone	Liabilities
Total liabilities	¥894m	at 2024-12-31	Standalone	Liabilities
Net assets / equity	¥402m	at 2025-12-31	Standalone	Net assets
Net assets / equity	¥232m	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥351m	at 2023-12-31^v	Standalone	Net assets
Net assets / equity	¥676m	at 2022-12-31^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥625m	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥428m	at 2025-12-31	Standalone	Cash and deposits
Cash and deposits	¥460m	at 2024-12-31	Standalone	Cash and deposits
EPS (basic)	¥-11.47	2025-01-01 → 2025-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-84.86	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-130.56	2023-01-01 → 2023-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥27.31	2022-01-01 → 2022-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥21	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥26.67	2022-01-01 → 2022-12-31^v	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥20.19	2021-01-01 → 2021-12-31^d	Standalone	Diluted earnings per share (5-year summary)
Net assets per share	¥188.25	at 2025-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥128.61	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥202.45	at 2023-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥376.3	at 2022-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥348.11	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	35.5%	at 2025-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	20.0%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	35.6%	at 2023-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	51.6%	at 2022-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	58.1%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	7.5%	2022-01-01 → 2022-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	6.2%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	2,142,470	at 2025-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	1,818,360	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	1,802,160	at 2023-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	1,796,160	at 2022-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	1,796,160	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	299	at 2025-12-31	Standalone	Number of employees
Employees	268	at 2024-12-31	Standalone	Number of employees
Employees	280	at 2023-12-31^v	Standalone	Number of employees
Employees	246	at 2022-12-31^v	Standalone	Number of employees
Employees	221	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 · 1,311

Item	Context	Value	Unit
Bad debts expenses ope cf	CurrentYearDuration	－	JPY
Settlement package ope cf	Prior1YearDuration	－	JPY
Settlement package ope cf	CurrentYearDuration	2500000	JPY
Decrease increase in accounts receivable trade and contract assets ope cf	Prior1YearDuration	-100793000	JPY
Decrease increase in accounts receivable trade and contract assets ope cf	CurrentYearDuration	-20919000	JPY
Decrease increase in inventories ope cf	Prior1YearDuration	18000	JPY
Decrease increase in inventories ope cf	CurrentYearDuration	-685000	JPY
Increase decrease in notes and accounts payable trade ope cf	Prior1YearDuration	-880000	JPY
Increase decrease in notes and accounts payable trade ope cf	CurrentYearDuration	12547000	JPY
Increase decrease in accrued consumption taxes ope cf	Prior1YearDuration	15306000	JPY
Increase decrease in accrued consumption taxes ope cf	CurrentYearDuration	-1864000	JPY
Increase decrease in accounts payable other ope cf	Prior1YearDuration	11061000	JPY
Increase decrease in accounts payable other ope cf	CurrentYearDuration	-23734000	JPY
Increase decrease in accrued expenses ope cf	Prior1YearDuration	-76000	JPY
Increase decrease in accrued expenses ope cf	CurrentYearDuration	2249000	JPY
Increase decrease in contract liabilities ope cf	Prior1YearDuration	-2532000	JPY
Increase decrease in contract liabilities ope cf	CurrentYearDuration	-3663000	JPY
Other net ope cf	Prior1YearDuration	-16931000	JPY
Other net ope cf	CurrentYearDuration	4308000	JPY
Subtotal ope cf	Prior1YearDuration	-175219000	JPY
Subtotal ope cf	CurrentYearDuration	24752000	JPY
Interest income received ope cf	Prior1YearDuration	56000	JPY
Interest income received ope cf	CurrentYearDuration	507000	JPY
Proceeds from insurance income ope cf	Prior1YearDuration	－	JPY
Proceeds from insurance income ope cf	CurrentYearDuration	5786000	JPY
Interest expenses paid ope cf fin cf	Prior1YearDuration	-3981000	JPY
Interest expenses paid ope cf fin cf	CurrentYearDuration	-4254000	JPY
Income taxes paid ope cf	Prior1YearDuration	-18601000	JPY
Income taxes paid ope cf	CurrentYearDuration	-11092000	JPY
Income taxes refund ope cf	Prior1YearDuration	11598000	JPY
Income taxes refund ope cf	CurrentYearDuration	－	JPY
Settlement package paid ope cf	Prior1YearDuration	－	JPY
Settlement package paid ope cf	CurrentYearDuration	-2500000	JPY
Net cash provided by used in operating activities	Prior1YearDuration	-186147000	JPY
Net cash provided by used in operating activities	CurrentYearDuration	13198000	JPY
Purchase of property plant and equipment inv cf	Prior1YearDuration	-10441000	JPY
Purchase of property plant and equipment inv cf	CurrentYearDuration	-26274000	JPY
Purchase of intangible assets inv cf	Prior1YearDuration	-3996000	JPY
Purchase of intangible assets inv cf	CurrentYearDuration	－	JPY
Payments for guarantee deposits inv cf	Prior1YearDuration	-2061000	JPY
Payments for guarantee deposits inv cf	CurrentYearDuration	-27000	JPY
Proceeds from collection of guarantee deposits inv cf	Prior1YearDuration	－	JPY
Proceeds from collection of guarantee deposits inv cf	CurrentYearDuration	232000	JPY
Net cash provided by used in investment activities	Prior1YearDuration	-16499000	JPY
Net cash provided by used in investment activities	CurrentYearDuration	-26070000	JPY
Net increase decrease in short term loans payable fin cf	Prior1YearDuration	137500000	JPY
Net increase decrease in short term loans payable fin cf	CurrentYearDuration	－	JPY
Proceeds from long term loans payable fin cf	Prior1YearDuration	80000000	JPY
Proceeds from long term loans payable fin cf	CurrentYearDuration	－	JPY
Repayment of long term loans payable fin cf	Prior1YearDuration	-103272000	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 rounding
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 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