Annual report

Period2023-01-01 → 2023-12-31

Filed2024-03-22

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 147

Metric	Value	Period	Scope	Source row
Revenue	¥42.6bn	2023-01-01 → 2023-12-31	Cons.	Net sales
Revenue	¥33.7bn	2022-01-01 → 2022-12-31	Cons.	Net sales
Revenue	¥24.8bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥14.8bn	2020-01-01 → 2020-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥2.8bn	2023-01-01 → 2023-12-31	Cons.	Operating income
Operating income	¥3.7bn	2022-01-01 → 2022-12-31	Cons.	Operating income
Ordinary income	¥2.8bn	2023-01-01 → 2023-12-31	Cons.	Ordinary income
Ordinary income	¥3.7bn	2022-01-01 → 2022-12-31	Cons.	Ordinary income
Ordinary income	¥2.3bn	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥923m	2020-01-01 → 2020-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥2.8bn	2023-01-01 → 2023-12-31	Cons.	Income before income taxes
Profit before tax	¥3.7bn	2022-01-01 → 2022-12-31	Cons.	Income before income taxes
Net income (owners)	¥1.5bn	2023-01-01 → 2023-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥2.3bn	2022-01-01 → 2022-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥1.3bn	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥566m	2020-01-01 → 2020-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥1.5bn	2023-01-01 → 2023-12-31	Cons.	Profit loss
Net income	¥2.3bn	2022-01-01 → 2022-12-31	Cons.	Profit loss
Total assets	¥21.3bn	at 2023-12-31	Cons.	Assets
Total assets	¥17.6bn	at 2022-12-31	Cons.	Assets
Total assets	¥10.3bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥8.8bn	at 2020-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥12.7bn	at 2023-12-31	Cons.	Liabilities
Total liabilities	¥9.4bn	at 2022-12-31	Cons.	Liabilities
Net assets / equity	¥8.6bn	at 2023-12-31	Cons.	Net assets
Net assets / equity	¥8.2bn	at 2022-12-31	Cons.	Net assets
Net assets / equity	¥4.6bn	at 2021-12-31^d	Cons.	Net assets
Net assets / equity	¥3.3bn	at 2020-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥7.8bn	at 2023-12-31	Cons.	Cash and deposits
Cash and deposits	¥7.0bn	at 2022-12-31	Cons.	Cash and deposits
Cash & equivalents	¥7.7bn	at 2023-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥7.0bn	at 2022-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥4.8bn	at 2021-12-31^d	Cons.	Cash and cash equivalents
Cash & equivalents	¥3.6bn	at 2020-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥1.2bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥3.0bn	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥2.1bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥425m	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥1.6bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥2.3bn	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥450m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥2.3bn	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	¥1.1bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥1.6bn	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥479m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥2.3bn	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥100.11	2023-01-01 → 2023-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥158.28	2022-01-01 → 2022-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥93.26	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥41.12	2020-01-01 → 2020-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥99.57	2023-01-01 → 2023-12-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥156.59	2022-01-01 → 2022-12-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥91.42	2021-01-01 → 2021-12-31^d	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥40.11	2020-01-01 → 2020-12-31^d	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥589.51	at 2023-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥560.38	at 2022-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥319.34	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥230.72	at 2020-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	39.5%	at 2023-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	46.2%	at 2022-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	44.0%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	36.6%	at 2020-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	17.5%	2023-01-01 → 2023-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	35.8%	2022-01-01 → 2022-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	33.9%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	17.5%	2020-01-01 → 2020-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	1,413	at 2023-12-31	Cons.	Number of employees
Employees	1,088	at 2022-12-31	Cons.	Number of employees
Employees	840	at 2021-12-31^d	Cons.	Number of employees
Employees	652	at 2020-12-31^d	Cons.	Number of employees
Revenue	¥27.7bn	2023-01-01 → 2023-12-31	Standalone	Net sales
Revenue	¥24.9bn	2022-01-01 → 2022-12-31	Standalone	Net sales
Revenue	¥18.9bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥14.8bn	2020-01-01 → 2020-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥12.8bn	2019-01-01 → 2019-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥766m	2023-01-01 → 2023-12-31	Standalone	Operating income
Operating income	¥2.4bn	2022-01-01 → 2022-12-31	Standalone	Operating income
Ordinary income	¥723m	2023-01-01 → 2023-12-31	Standalone	Ordinary income
Ordinary income	¥2.4bn	2022-01-01 → 2022-12-31	Standalone	Ordinary income
Ordinary income	¥1.7bn	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥929m	2020-01-01 → 2020-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥817m	2019-01-01 → 2019-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥724m	2023-01-01 → 2023-12-31	Standalone	Income before income taxes
Profit before tax	¥2.4bn	2022-01-01 → 2022-12-31	Standalone	Income before income taxes
Net income	¥477m	2023-01-01 → 2023-12-31	Standalone	Profit loss
Net income	¥1.6bn	2022-01-01 → 2022-12-31	Standalone	Profit loss
Net income	¥1.1bn	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥572m	2020-01-01 → 2020-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥506m	2019-01-01 → 2019-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥16.3bn	at 2023-12-31	Standalone	Assets
Total assets	¥14.7bn	at 2022-12-31	Standalone	Assets
Total assets	¥9.3bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥8.0bn	at 2020-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥4.6bn	at 2019-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥9.6bn	at 2023-12-31	Standalone	Liabilities
Total liabilities	¥7.4bn	at 2022-12-31	Standalone	Liabilities
Net assets / equity	¥6.7bn	at 2023-12-31	Standalone	Net assets
Net assets / equity	¥7.3bn	at 2022-12-31	Standalone	Net assets
Net assets / equity	¥4.4bn	at 2021-12-31^d	Standalone	Net assets
Net assets / equity	¥3.3bn	at 2020-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥2.3bn	at 2019-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥5.4bn	at 2023-12-31	Standalone	Cash and deposits
Cash and deposits	¥5.6bn	at 2022-12-31	Standalone	Cash and deposits
Cash & equivalents	¥3.2bn	at 2019-12-31^d	Standalone	Cash and cash equivalents (5-year summary)
Operating cash flow	¥1.1bn	2019-01-01 → 2019-12-31^d	Standalone	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥251m	2019-01-01 → 2019-12-31^d	Standalone	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	¥365m	2019-01-01 → 2019-12-31^d	Standalone	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥32.82	2023-01-01 → 2023-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥111.23	2022-01-01 → 2022-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥77.32	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥41.56	2020-01-01 → 2020-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥41.93	2019-01-01 → 2019-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥32.64	2023-01-01 → 2023-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥110.04	2022-01-01 → 2022-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥75.79	2021-01-01 → 2021-12-31^d	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥40.54	2020-01-01 → 2020-12-31^d	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥39.2	2019-01-01 → 2019-12-31^d	Standalone	Diluted earnings per share (5-year summary)
Dividend per share	¥25	2023-01-01 → 2023-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥20	2022-01-01 → 2022-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥14	2021-01-01 → 2021-12-31^d	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥15	2020-01-01 → 2020-12-31^d	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥15	2019-01-01 → 2019-12-31^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥458.61	at 2023-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥498.99	at 2022-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥303.9	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥231.15	at 2020-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥166.27	at 2019-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	40.1%	at 2023-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	49.3%	at 2022-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	46.1%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	40.4%	at 2020-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	49.2%	at 2019-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	6.9%	2023-01-01 → 2023-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	27.6%	2022-01-01 → 2022-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	28.9%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	20.8%	2020-01-01 → 2020-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	33.9%	2019-01-01 → 2019-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	14,585,640	at 2023-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	14,546,728	at 2022-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	14,162,284	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	7,006,560	at 2020-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	6,793,140	at 2019-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	1,127	at 2023-12-31	Standalone	Number of employees
Employees	892	at 2022-12-31	Standalone	Number of employees
Employees	745	at 2021-12-31^d	Standalone	Number of employees
Employees	615	at 2020-12-31^d	Standalone	Number of employees
Employees	537	at 2019-12-31^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 · 1,334

Item	Context	Value	Unit
Total assets (5-year summary)	Prior2YearInstant_NonConsolidatedMember	9335843000	JPY
Total assets (5-year summary)	Prior1YearInstant_NonConsolidatedMember	14736179000	JPY
Total assets (5-year summary)	CurrentYearInstant_NonConsolidatedMember	16320339000	JPY
Net assets per share (5-year summary)	Prior4YearInstant_NonConsolidatedMember	166.27
Net assets per share (5-year summary)	Prior3YearInstant_NonConsolidatedMember	231.15
Net assets per share (5-year summary)	Prior2YearInstant_NonConsolidatedMember	303.90
Net assets per share (5-year summary)	Prior1YearInstant_NonConsolidatedMember	498.99
Net assets per share (5-year summary)	CurrentYearInstant_NonConsolidatedMember	458.61
Dividend paid per share (5-year summary)	Prior4YearDuration_NonConsolidatedMember	15.00
Dividend paid per share (5-year summary)	Prior3YearDuration_NonConsolidatedMember	15.00
Dividend paid per share (5-year summary)	Prior2YearDuration_NonConsolidatedMember	14.00
Dividend paid per share (5-year summary)	Prior1YearDuration_NonConsolidatedMember	20.00
Dividend paid per share (5-year summary)	CurrentYearDuration_NonConsolidatedMember	25.00
Interim dividend paid per share (5-year summary)	Prior4YearDuration_NonConsolidatedMember	－
Interim dividend paid per share (5-year summary)	Prior3YearDuration_NonConsolidatedMember	－
Interim dividend paid per share (5-year summary)	Prior2YearDuration_NonConsolidatedMember	－
Interim dividend paid per share (5-year summary)	Prior1YearDuration_NonConsolidatedMember	－
Interim dividend paid per share (5-year summary)	CurrentYearDuration_NonConsolidatedMember	－
Basic earnings loss per share (5-year summary)	Prior4YearDuration_NonConsolidatedMember	41.93
Basic earnings loss per share (5-year summary)	Prior3YearDuration_NonConsolidatedMember	41.56
Basic earnings loss per share (5-year summary)	Prior2YearDuration_NonConsolidatedMember	77.32
Basic earnings loss per share (5-year summary)	Prior1YearDuration_NonConsolidatedMember	111.23
Basic earnings loss per share (5-year summary)	CurrentYearDuration_NonConsolidatedMember	32.82
Diluted earnings per share (5-year summary)	Prior4YearDuration_NonConsolidatedMember	39.20
Diluted earnings per share (5-year summary)	Prior3YearDuration_NonConsolidatedMember	40.54
Diluted earnings per share (5-year summary)	Prior2YearDuration_NonConsolidatedMember	75.79
Diluted earnings per share (5-year summary)	Prior1YearDuration_NonConsolidatedMember	110.04
Diluted earnings per share (5-year summary)	CurrentYearDuration_NonConsolidatedMember	32.64
Equity to asset ratio (5-year summary)	Prior4YearInstant_NonConsolidatedMember	0.4919
Equity to asset ratio (5-year summary)	Prior3YearInstant_NonConsolidatedMember	0.4044
Equity to asset ratio (5-year summary)	Prior2YearInstant_NonConsolidatedMember	0.4610
Equity to asset ratio (5-year summary)	Prior1YearInstant_NonConsolidatedMember	0.4926
Equity to asset ratio (5-year summary)	CurrentYearInstant_NonConsolidatedMember	0.4014
Rate of return on equity (5-year summary)	Prior4YearDuration_NonConsolidatedMember	0.3394
Rate of return on equity (5-year summary)	Prior3YearDuration_NonConsolidatedMember	0.2080
Rate of return on equity (5-year summary)	Prior2YearDuration_NonConsolidatedMember	0.2889
Rate of return on equity (5-year summary)	Prior1YearDuration_NonConsolidatedMember	0.2758
Rate of return on equity (5-year summary)	CurrentYearDuration_NonConsolidatedMember	0.0690
Price earnings ratio (5-year summary)	Prior4YearDuration_NonConsolidatedMember	35.66
Price earnings ratio (5-year summary)	Prior3YearDuration_NonConsolidatedMember	71.35
Price earnings ratio (5-year summary)	Prior2YearDuration_NonConsolidatedMember	42.68
Price earnings ratio (5-year summary)	Prior1YearDuration_NonConsolidatedMember	48.19
Price earnings ratio (5-year summary)	CurrentYearDuration_NonConsolidatedMember	97.96
Payout ratio (5-year summary)	Prior4YearDuration_NonConsolidatedMember	0.1789
Payout ratio (5-year summary)	Prior3YearDuration_NonConsolidatedMember	0.1805
Payout ratio (5-year summary)	Prior2YearDuration_NonConsolidatedMember	0.1811
Payout ratio (5-year summary)	Prior1YearDuration_NonConsolidatedMember	0.1798
Payout ratio (5-year summary)	CurrentYearDuration_NonConsolidatedMember	0.7617
Net cash provided by used in operating activities (5-year summary)	Prior4YearDuration_NonConsolidatedMember	1116326000	JPY
Net cash provided by used in operating activities (5-year summary)	Prior3YearDuration_NonConsolidatedMember	－	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 2022-12-31	pass
balance sheet identity	consolidated 2023-12-31	pass
balance sheet identity	non_consolidated 2022-12-31	pass rounding
balance sheet identity	non_consolidated 2023-12-31	pass
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2021-12-31	pass
statement vs summary · net assets	consolidated 2022-12-31	pass
statement vs summary · net assets	consolidated 2023-12-31	pass
statement vs summary · net assets	non_consolidated 2021-12-31	pass
statement vs summary · net assets	non_consolidated 2022-12-31	pass
statement vs summary · net assets	non_consolidated 2023-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · operating cash flow	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · operating cash flow	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · revenue	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	non_consolidated 2022-01-01/2022-12-31	pass
statement vs summary · revenue	non_consolidated 2023-01-01/2023-12-31	pass
statement vs summary · total assets	consolidated 2022-12-31	pass
statement vs summary · total assets	consolidated 2023-12-31	pass
statement vs summary · total assets	non_consolidated 2022-12-31	pass
statement vs summary · total assets	non_consolidated 2023-12-31	pass