Annual report

Period2025-01-01 → 2025-12-31
Filed2026-03-26
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 154
MetricValuePeriodScopeSource row
Revenue¥13.7bn2025-01-01 → 2025-12-31Cons.Net sales
Revenue¥11.8bn2024-01-01 → 2024-12-31Cons.Net sales
Revenue¥11.1bn2023-01-01 → 2023-12-31vCons.Net sales (5-year summary)
Revenue¥9.6bn2022-01-01 → 2022-12-31vCons.Net sales (5-year summary)
Revenue¥9.6bn2021-01-01 → 2021-12-31dCons.Net sales (5-year summary)
Operating income¥688m2025-01-01 → 2025-12-31Cons.Operating income
Operating income¥753m2024-01-01 → 2024-12-31Cons.Operating income
Ordinary income¥660m2025-01-01 → 2025-12-31Cons.Ordinary income
Ordinary income¥752m2024-01-01 → 2024-12-31Cons.Ordinary income
Ordinary income¥728m2023-01-01 → 2023-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥298m2022-01-01 → 2022-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥1.1bn2021-01-01 → 2021-12-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥580m2025-01-01 → 2025-12-31Cons.Income before income taxes
Profit before tax¥736m2024-01-01 → 2024-12-31Cons.Income before income taxes
Net income (owners)¥308m2025-01-01 → 2025-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥515m2024-01-01 → 2024-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥847m2023-01-01 → 2023-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥222m2022-01-01 → 2022-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥1.0bn2021-01-01 → 2021-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥308m2025-01-01 → 2025-12-31Cons.Profit loss
Net income¥515m2024-01-01 → 2024-12-31Cons.Profit loss
Total assets¥11.2bnat 2025-12-31Cons.Assets
Total assets¥10.2bnat 2024-12-31Cons.Assets
Total assets¥8.6bnat 2023-12-31vCons.Total assets (5-year summary)
Total assets¥7.2bnat 2022-12-31vCons.Total assets (5-year summary)
Total assets¥7.7bnat 2021-12-31dCons.Total assets (5-year summary)
Total liabilities¥5.5bnat 2025-12-31Cons.Liabilities
Total liabilities¥4.9bnat 2024-12-31Cons.Liabilities
Net assets / equity¥5.6bnat 2025-12-31Cons.Net assets
Net assets / equity¥5.3bnat 2024-12-31Cons.Net assets
Net assets / equity¥4.6bnat 2023-12-31vCons.Net assets
Net assets / equity¥3.6bnat 2022-12-31vCons.Net assets (5-year summary)
Net assets / equity¥3.1bnat 2021-12-31dCons.Net assets (5-year summary)
Cash and deposits¥891mat 2025-12-31Cons.Cash and deposits
Cash and deposits¥789mat 2024-12-31Cons.Cash and deposits
Cash & equivalents¥889mat 2025-12-31Cons.Cash and cash equivalents
Cash & equivalents¥789mat 2024-12-31Cons.Cash and cash equivalents
Cash & equivalents¥1.2bnat 2023-12-31vCons.Cash and cash equivalents
Cash & equivalents¥1.1bnat 2022-12-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥1.9bnat 2021-12-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥1.4bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥643m2024-01-01 → 2024-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥816m2023-01-01 → 2023-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥52m2022-01-01 → 2022-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.4bn2021-01-01 → 2021-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥1.1bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.7bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥670m2023-01-01 → 2023-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥299m2022-01-01 → 2022-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥249m2021-01-01 → 2021-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥142m2025-01-01 → 2025-12-31Cons.Net cash provided by used in financing activities
Financing cash flow¥600m2024-01-01 → 2024-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥98m2023-01-01 → 2023-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥444m2022-01-01 → 2022-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥355m2021-01-01 → 2021-12-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥29.552025-01-01 → 2025-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥49.572024-01-01 → 2024-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥81.682023-01-01 → 2023-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥21.462022-01-01 → 2022-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥101.252021-01-01 → 2021-12-31dCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥29.372025-01-01 → 2025-12-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥49.012024-01-01 → 2024-12-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥80.832023-01-01 → 2023-12-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥21.322022-01-01 → 2022-12-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥100.082021-01-01 → 2021-12-31dCons.Diluted earnings per share (5-year summary)
Net assets per share¥538.22at 2025-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥510.33at 2024-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥439.53at 2023-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥345.81at 2022-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥302.35at 2021-12-31dCons.Net assets per share (5-year summary)
Equity ratio50.2%at 2025-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio51.9%at 2024-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio53.3%at 2023-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio49.5%at 2022-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio40.8%at 2021-12-31dCons.Equity to asset ratio (5-year summary)
ROE5.6%2025-01-01 → 2025-12-31Cons.Rate of return on equity (5-year summary)
ROE10.4%2024-01-01 → 2024-12-31Cons.Rate of return on equity (5-year summary)
ROE20.8%2023-01-01 → 2023-12-31vCons.Rate of return on equity (5-year summary)
ROE6.6%2022-01-01 → 2022-12-31vCons.Rate of return on equity (5-year summary)
ROE41.2%2021-01-01 → 2021-12-31dCons.Rate of return on equity (5-year summary)
Employees179at 2025-12-31Cons.Number of employees
Employees187at 2024-12-31Cons.Number of employees
Employees188at 2023-12-31vCons.Number of employees
Employees193at 2022-12-31vCons.Number of employees
Employees200at 2021-12-31dCons.Number of employees
Revenue¥11.1bn2025-01-01 → 2025-12-31StandaloneNet sales
Revenue¥10.1bn2024-01-01 → 2024-12-31StandaloneNet sales
Revenue¥9.3bn2023-01-01 → 2023-12-31vStandaloneNet sales (5-year summary)
Revenue¥7.5bn2022-01-01 → 2022-12-31vStandaloneNet sales (5-year summary)
Revenue¥8.0bn2021-01-01 → 2021-12-31dStandaloneNet sales (5-year summary)
Operating income¥747m2025-01-01 → 2025-12-31StandaloneOperating income
Operating income¥971m2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income¥747m2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income¥962m2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income¥770m2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥201m2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥823m2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥667m2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax¥947m2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income¥395m2025-01-01 → 2025-12-31StandaloneProfit loss
Net income¥726m2024-01-01 → 2024-12-31StandaloneProfit loss
Net income¥890m2023-01-01 → 2023-12-31vStandaloneNet income loss (5-year summary)
Net income¥127m2022-01-01 → 2022-12-31vStandaloneNet income loss (5-year summary)
Net income¥669m2021-01-01 → 2021-12-31dStandaloneNet income loss (5-year summary)
Total assets¥10.0bnat 2025-12-31StandaloneAssets
Total assets¥8.9bnat 2024-12-31StandaloneAssets
Total assets¥7.4bnat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥6.5bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥7.3bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥4.9bnat 2025-12-31StandaloneLiabilities
Total liabilities¥4.3bnat 2024-12-31StandaloneLiabilities
Net assets / equity¥5.0bnat 2025-12-31StandaloneNet assets
Net assets / equity¥4.6bnat 2024-12-31StandaloneNet assets
Net assets / equity¥3.9bnat 2023-12-31vStandaloneNet assets
Net assets / equity¥3.0bnat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥2.9bnat 2021-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥561mat 2025-12-31StandaloneCash and deposits
Cash and deposits¥676mat 2024-12-31StandaloneCash and deposits
EPS (basic)¥37.882025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥69.852024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥85.732023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥12.212022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥64.732021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥37.642025-01-01 → 2025-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥69.072024-01-01 → 2024-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥84.852023-01-01 → 2023-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥12.132022-01-01 → 2022-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥63.982021-01-01 → 2021-12-31dStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥52025-01-01 → 2025-12-31StandaloneDividend paid per share (5-year summary)
Net assets per share¥481.73at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥443.53at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥373.15at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥287.16at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥275.81at 2021-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio50.3%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio51.6%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio52.4%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio45.5%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio39.1%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE8.2%2025-01-01 → 2025-12-31StandaloneRate of return on equity (5-year summary)
ROE17.1%2024-01-01 → 2024-12-31StandaloneRate of return on equity (5-year summary)
ROE26.0%2023-01-01 → 2023-12-31vStandaloneRate of return on equity (5-year summary)
ROE4.3%2022-01-01 → 2022-12-31vStandaloneRate of return on equity (5-year summary)
ROE26.6%2021-01-01 → 2021-12-31dStandaloneRate of return on equity (5-year summary)
Shares issued10,421,300at 2025-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued10,400,800at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued10,385,800at 2023-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued10,370,300at 2022-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued10,360,300at 2021-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees160at 2025-12-31StandaloneNumber of employees
Employees169at 2024-12-31StandaloneNumber of employees
Employees172at 2023-12-31vStandaloneNumber of employees
Employees178at 2022-12-31vStandaloneNumber of employees
Employees185at 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 · 2
SegmentItemPeriodValue
Food And Beveragereportable segmentemployeesat 2025-12-31128 pure
Food And Beveragereportable segmentemployeesat 2025-12-31114 pure

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

All source rows · 1,282
ItemContextValueUnit
Number of shares held number of units national and local governmentsCurrentYearInstant_OrdinaryShareMember-
Number of shares held number of units financial institutionsCurrentYearInstant_OrdinaryShareMember-
Number of shares held number of units financial service providersCurrentYearInstant_OrdinaryShareMember4081
Number of shares held number of units other corporationsCurrentYearInstant_OrdinaryShareMember9414
Number of shares held number of units foreign investors other than individualsCurrentYearInstant_OrdinaryShareMember6557
Number of shares held number of units foreign individual investorsCurrentYearInstant_OrdinaryShareMember208
Number of shares held number of units individuals and othersCurrentYearInstant_OrdinaryShareMember83828
Number of shares held number of units totalCurrentYearInstant_OrdinaryShareMember104088
Number of shares held shares less than one unitCurrentYearInstant_OrdinaryShareMember12500
Percentage of shareholdings national and local governmentsCurrentYearInstant_OrdinaryShareMember-
Percentage of shareholdings financial institutionsCurrentYearInstant_OrdinaryShareMember-
Percentage of shareholdings financial service providersCurrentYearInstant_OrdinaryShareMember0.0392
Percentage of shareholdings other corporationsCurrentYearInstant_OrdinaryShareMember0.0904
Percentage of shareholdings foreigners other than individualsCurrentYearInstant_OrdinaryShareMember0.0630
Percentage of shareholdings foreign individualsCurrentYearInstant_OrdinaryShareMember0.0020
Percentage of shareholdings individuals and othersCurrentYearInstant_OrdinaryShareMember0.8054
Number of shares heldCurrentYearInstant_No1MajorShareholdersMember6153000
Shareholding ratioCurrentYearInstant_No1MajorShareholdersMember0.5905
Number of shares heldCurrentYearInstant_No2MajorShareholdersMember792000
Shareholding ratioCurrentYearInstant_No2MajorShareholdersMember0.0760
Number of shares heldCurrentYearInstant_No3MajorShareholdersMember626000
Shareholding ratioCurrentYearInstant_No3MajorShareholdersMember0.0601
Number of shares heldCurrentYearInstant_No4MajorShareholdersMember312000
Shareholding ratioCurrentYearInstant_No4MajorShareholdersMember0.0300
Number of shares heldCurrentYearInstant_No5MajorShareholdersMember180000
Shareholding ratioCurrentYearInstant_No5MajorShareholdersMember0.0174
Number of shares heldCurrentYearInstant_No6MajorShareholdersMember115000
Shareholding ratioCurrentYearInstant_No6MajorShareholdersMember0.0111
Number of shares heldCurrentYearInstant_No7MajorShareholdersMember101000
Shareholding ratioCurrentYearInstant_No7MajorShareholdersMember0.0097
Number of shares heldCurrentYearInstant_No8MajorShareholdersMember81000
Shareholding ratioCurrentYearInstant_No8MajorShareholdersMember0.0078
Number of shares heldCurrentYearInstant_No9MajorShareholdersMember77000
Shareholding ratioCurrentYearInstant_No9MajorShareholdersMember0.0075
Number of shares heldCurrentYearInstant_No10MajorShareholdersMember63000
Shareholding ratioCurrentYearInstant_No10MajorShareholdersMember0.0061
Number of shares heldCurrentYearInstant8504000
Shareholding ratioCurrentYearInstant0.8161
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithNoVotingRightsMember-
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsTreasurySharesEtcMember-
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember-
Number of voting rights issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember-
Number of shares issued shares voting rightsCurrentYearInstant_OrdinarySharesTreasurySharesSharesWithFullVotingRightsTreasurySharesEtcMember700
Number of voting rights issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsOtherMember104081
Number of shares issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsOtherMember10408100
Number of shares issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesLessThanOneUnitMember12500
Number of shares issued shares voting rightsCurrentYearInstant10421300
Number of voting rights issued shares voting rightsCurrentYearInstant104081
Number of shares held in own name treasury shares etcCurrentYearInstant_Row1Member700
Number of shares held in others names treasury shares etcCurrentYearInstant_Row1Member-

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
balance sheet identityconsolidated 2025-12-31pass
balance sheet identitynon_consolidated 2024-12-31pass rounding
balance sheet identitynon_consolidated 2025-12-31pass rounding
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