Annual report

Period2025-01-01 → 2025-12-31
Filed2026-03-25
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 158
MetricValuePeriodScopeSource row
Revenue¥100.6bn2025-01-01 → 2025-12-31Cons.Net sales
Revenue¥60.0bn2024-01-01 → 2024-12-31Cons.Net sales
Revenue¥42.6bn2023-01-01 → 2023-12-31vCons.Net sales (5-year summary)
Revenue¥33.7bn2022-01-01 → 2022-12-31vCons.Net sales (5-year summary)
Revenue¥24.8bn2021-01-01 → 2021-12-31dCons.Net sales (5-year summary)
Operating income¥9.0bn2025-01-01 → 2025-12-31Cons.Operating income
Operating income¥4.7bn2024-01-01 → 2024-12-31Cons.Operating income
Ordinary income¥8.5bn2025-01-01 → 2025-12-31Cons.Ordinary income
Ordinary income¥4.2bn2024-01-01 → 2024-12-31Cons.Ordinary income
Ordinary income¥2.8bn2023-01-01 → 2023-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥3.7bn2022-01-01 → 2022-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥2.3bn2021-01-01 → 2021-12-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥8.3bn2025-01-01 → 2025-12-31Cons.Income before income taxes
Profit before tax¥4.2bn2024-01-01 → 2024-12-31Cons.Income before income taxes
Net income (owners)¥5.3bn2025-01-01 → 2025-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥2.4bn2024-01-01 → 2024-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥1.5bn2023-01-01 → 2023-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥2.3bn2022-01-01 → 2022-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥1.3bn2021-01-01 → 2021-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥5.3bn2025-01-01 → 2025-12-31Cons.Profit loss
Net income¥2.4bn2024-01-01 → 2024-12-31Cons.Profit loss
Total assets¥54.7bnat 2025-12-31Cons.Assets
Total assets¥46.4bnat 2024-12-31Cons.Assets
Total assets¥21.3bnat 2023-12-31vCons.Total assets (5-year summary)
Total assets¥17.6bnat 2022-12-31vCons.Total assets (5-year summary)
Total assets¥10.3bnat 2021-12-31dCons.Total assets (5-year summary)
Total liabilities¥33.3bnat 2025-12-31Cons.Liabilities
Total liabilities¥33.9bnat 2024-12-31Cons.Liabilities
Net assets / equity¥21.4bnat 2025-12-31Cons.Net assets
Net assets / equity¥12.5bnat 2024-12-31Cons.Net assets
Net assets / equity¥8.6bnat 2023-12-31vCons.Net assets
Net assets / equity¥8.2bnat 2022-12-31vCons.Net assets (5-year summary)
Net assets / equity¥4.6bnat 2021-12-31dCons.Net assets (5-year summary)
Cash and deposits¥20.0bnat 2025-12-31Cons.Cash and deposits
Cash and deposits¥13.2bnat 2024-12-31Cons.Cash and deposits
Cash & equivalents¥20.0bnat 2025-12-31Cons.Cash and cash equivalents
Cash & equivalents¥13.2bnat 2024-12-31Cons.Cash and cash equivalents
Cash & equivalents¥7.7bnat 2023-12-31vCons.Cash and cash equivalents
Cash & equivalents¥7.0bnat 2022-12-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥4.8bnat 2021-12-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥7.5bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥2.1bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥1.2bn2023-01-01 → 2023-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥3.0bn2022-01-01 → 2022-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥2.1bn2021-01-01 → 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−¥14.4bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥1.6bn2023-01-01 → 2023-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥2.3bn2022-01-01 → 2022-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥450m2021-01-01 → 2021-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥395m2025-01-01 → 2025-12-31Cons.Net cash provided by used in financing activities
Financing cash flow¥17.8bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in financing activities
Financing cash flow¥1.1bn2023-01-01 → 2023-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥1.6bn2022-01-01 → 2022-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥479m2021-01-01 → 2021-12-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥175.382025-01-01 → 2025-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥83.972024-01-01 → 2024-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥50.052023-01-01 → 2023-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥79.142022-01-01 → 2022-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥46.632021-01-01 → 2021-12-31dCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥173.392025-01-01 → 2025-12-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥83.632024-01-01 → 2024-12-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥49.782023-01-01 → 2023-12-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥78.292022-01-01 → 2022-12-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥45.712021-01-01 → 2021-12-31dCons.Diluted earnings per share (5-year summary)
Net assets per share¥677.58at 2025-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥416.02at 2024-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥294.75at 2023-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥280.19at 2022-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥159.67at 2021-12-31dCons.Net assets per share (5-year summary)
Equity ratio38.2%at 2025-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio26.2%at 2024-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio39.5%at 2023-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio46.2%at 2022-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio44.0%at 2021-12-31dCons.Equity to asset ratio (5-year summary)
ROE31.9%2025-01-01 → 2025-12-31Cons.Rate of return on equity (5-year summary)
ROE23.4%2024-01-01 → 2024-12-31Cons.Rate of return on equity (5-year summary)
ROE17.5%2023-01-01 → 2023-12-31vCons.Rate of return on equity (5-year summary)
ROE35.8%2022-01-01 → 2022-12-31vCons.Rate of return on equity (5-year summary)
ROE33.9%2021-01-01 → 2021-12-31dCons.Rate of return on equity (5-year summary)
Employees2,466at 2025-12-31Cons.Number of employees
Employees2,336at 2024-12-31Cons.Number of employees
Employees1,413at 2023-12-31vCons.Number of employees
Employees1,088at 2022-12-31vCons.Number of employees
Employees840at 2021-12-31dCons.Number of employees
Revenue¥41.1bn2025-01-01 → 2025-12-31StandaloneNet sales
Revenue¥33.2bn2024-01-01 → 2024-12-31StandaloneNet sales
Revenue¥27.7bn2023-01-01 → 2023-12-31vStandaloneNet sales (5-year summary)
Revenue¥24.9bn2022-01-01 → 2022-12-31vStandaloneNet sales (5-year summary)
Revenue¥18.9bn2021-01-01 → 2021-12-31dStandaloneNet sales (5-year summary)
Operating income¥2.2bn2025-01-01 → 2025-12-31StandaloneOperating income
Operating income¥2.0bn2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income¥2.9bn2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income¥1.6bn2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income¥723m2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥2.4bn2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.7bn2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥2.7bn2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax¥1.7bn2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income¥2.2bn2025-01-01 → 2025-12-31StandaloneProfit loss
Net income¥1.2bn2024-01-01 → 2024-12-31StandaloneProfit loss
Net income¥477m2023-01-01 → 2023-12-31vStandaloneNet income loss (5-year summary)
Net income¥1.6bn2022-01-01 → 2022-12-31vStandaloneNet income loss (5-year summary)
Net income¥1.1bn2021-01-01 → 2021-12-31dStandaloneNet income loss (5-year summary)
Total assets¥43.1bnat 2025-12-31StandaloneAssets
Total assets¥38.9bnat 2024-12-31StandaloneAssets
Total assets¥16.3bnat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥14.7bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥9.3bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥27.9bnat 2025-12-31StandaloneLiabilities
Total liabilities¥29.5bnat 2024-12-31StandaloneLiabilities
Net assets / equity¥15.2bnat 2025-12-31StandaloneNet assets
Net assets / equity¥9.4bnat 2024-12-31StandaloneNet assets
Net assets / equity¥6.7bnat 2023-12-31vStandaloneNet assets
Net assets / equity¥7.3bnat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥4.4bnat 2021-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥13.6bnat 2025-12-31StandaloneCash and deposits
Cash and deposits¥8.7bnat 2024-12-31StandaloneCash and deposits
EPS (basic)¥72.352025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥40.682024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥16.412023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥55.612022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥38.662021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥71.522025-01-01 → 2025-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥40.512024-01-01 → 2024-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥16.322023-01-01 → 2023-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥55.022022-01-01 → 2022-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥37.892021-01-01 → 2021-12-31dStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥252025-01-01 → 2025-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥302024-01-01 → 2024-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥252023-01-01 → 2023-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥202022-01-01 → 2022-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥142021-01-01 → 2021-12-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥476.24at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥309.54at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥229.3at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥249.49at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥151.95at 2021-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio34.1%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio23.3%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio40.1%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio49.3%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio46.1%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE18.3%2025-01-01 → 2025-12-31StandaloneRate of return on equity (5-year summary)
ROE15.0%2024-01-01 → 2024-12-31StandaloneRate of return on equity (5-year summary)
ROE6.9%2023-01-01 → 2023-12-31vStandaloneRate of return on equity (5-year summary)
ROE27.6%2022-01-01 → 2022-12-31vStandaloneRate of return on equity (5-year summary)
ROE28.9%2021-01-01 → 2021-12-31dStandaloneRate of return on equity (5-year summary)
Shares issued30,877,880at 2025-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued14,624,620at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued14,585,640at 2023-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued14,546,728at 2022-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued14,162,284at 2021-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees1,254at 2025-12-31StandaloneNumber of employees
Employees1,197at 2024-12-31StandaloneNumber of employees
Employees1,127at 2023-12-31vStandaloneNumber of employees
Employees892at 2022-12-31vStandaloneNumber of employees
Employees745at 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.

All source rows · 1,419
ItemContextValueUnit
Number of shares issued shares voting rightsCurrentYearInstant30877880
Number of voting rights issued shares voting rightsCurrentYearInstant308399
Number of shares held in own name treasury shares etcFilingDateInstant_Row1Member29000
Number of shares held in others names treasury shares etcFilingDateInstant_Row1Member-
Total number of shares held treasury shares etcFilingDateInstant_Row1Member29000
Shareholding ratio treasury shares etcFilingDateInstant_Row1Member0.0009
Number of shares held in own name treasury shares etcFilingDateInstant29000
Number of shares held in others names treasury shares etcFilingDateInstant-
Total number of shares held treasury shares etcFilingDateInstant29000
Shareholding ratio treasury shares etcFilingDateInstant0.0009
Total amount of dividends dividends of surplusFilingDateInstant_Row1Member771220000JPY
Dividend per share dividends of surplusFilingDateInstant_Row1Member25.00
Number of male directors and other officersFilingDateInstant7
Number of female directors and other officersFilingDateInstant4
Ratio of female directors and other officersFilingDateInstant0.363
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E35116-000IwataKyoheiMember2026000
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E35116-000TokushigeKousukeMember10000
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E35116-000YoshimuraHidekiMember15138600
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E35116-000OnoKojiMember150000
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E35116-000ImamuraMasayukiMember16000
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E35116-000AkiyamaYukiMember8200
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E35116-000GadoKayoMember3000
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E35116-000WatanabeTsuneoMember3000
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E35116-000SuzukiMamiMember-
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E35116-000HaraToshihiroMember6000
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E35116-000HorasawaMikaMember-
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant17360800
Number of male directors and other officers proposalFilingDateInstant6
Number of female directors and other officers proposalFilingDateInstant4
Ratio of female directors and other officers proposalFilingDateInstant0.40
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E35116-000IwataKyoheiMember2026000
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E35116-000TokushigeKousukeMember10000
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E35116-000OnoKojiMember150000
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E35116-000NakamuraTakayukiMember-
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E35116-000AkiyamaYukiMember8200
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E35116-000WatanabeTsuneoMember3000
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E35116-000HattoriTaichiMember-
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E35116-000SuzukiMamiMember-
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E35116-000GadoKayoMember3000
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E35116-000HorasawaMikaMember-
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant2200200
Audit fees reporting companyPrior1YearDuration44900000JPY
Non audit fees reporting companyPrior1YearDuration-JPY
Audit fees reporting companyCurrentYearDuration56500000JPY
Non audit fees reporting companyCurrentYearDuration17000000JPY
Audit fees consolidated subsidiariesPrior1YearDuration-JPY
Non audit fees consolidated subsidiariesPrior1YearDuration-JPY
Audit fees consolidated subsidiariesCurrentYearDuration-JPY
Non audit fees consolidated subsidiariesCurrentYearDuration-JPY
Audit fees totalPrior1YearDuration44900000JPY

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 rounding
balance sheet identitynon_consolidated 2024-12-31pass rounding
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