Annual report

Period2025-01-01 → 2025-12-31
Filed2026-03-25
StandardUS GAAP
ConsolidatedYes
Data checks11 of 11 passed
Key figures · 148
MetricValuePeriodScopeSource row
Revenue¥4.62T2025-01-01 → 2025-12-31Cons.Revenues US GAAP (5-year summary)
Revenue¥4.51T2024-01-01 → 2024-12-31Cons.Revenues US GAAP (5-year summary)
Revenue¥4.18T2023-01-01 → 2023-12-31vCons.Revenues US GAAP (5-year summary)
Revenue¥4.03T2022-01-01 → 2022-12-31vCons.Revenues US GAAP (5-year summary)
Revenue¥3.51T2021-01-01 → 2021-12-31dCons.Revenues US GAAP (5-year summary)
Profit before tax¥482.1bn2025-01-01 → 2025-12-31Cons.Profit loss before tax US GAAP (5-year summary)
Profit before tax¥301.2bn2024-01-01 → 2024-12-31Cons.Profit loss before tax US GAAP (5-year summary)
Profit before tax¥390.8bn2023-01-01 → 2023-12-31vCons.Profit loss before tax US GAAP (5-year summary)
Profit before tax¥352.4bn2022-01-01 → 2022-12-31vCons.Profit loss before tax US GAAP (5-year summary)
Profit before tax¥302.7bn2021-01-01 → 2021-12-31dCons.Profit loss before tax US GAAP (5-year summary)
Net income (owners)¥332.1bn2025-01-01 → 2025-12-31Cons.Net income loss attributable to owners of parent US GAAP (5-year summary)
Net income (owners)¥160.0bn2024-01-01 → 2024-12-31Cons.Net income loss attributable to owners of parent US GAAP (5-year summary)
Net income (owners)¥264.5bn2023-01-01 → 2023-12-31vCons.Net income loss attributable to owners of parent US GAAP (5-year summary)
Net income (owners)¥244.0bn2022-01-01 → 2022-12-31vCons.Net income loss attributable to owners of parent US GAAP (5-year summary)
Net income (owners)¥214.7bn2021-01-01 → 2021-12-31dCons.Net income loss attributable to owners of parent US GAAP (5-year summary)
Total assets¥6.14Tat 2025-12-31Cons.Total assets US GAAP (5-year summary)
Total assets¥5.77Tat 2024-12-31Cons.Total assets US GAAP (5-year summary)
Total assets¥5.42Tat 2023-12-31vCons.Total assets US GAAP (5-year summary)
Total assets¥5.10Tat 2022-12-31vCons.Total assets US GAAP (5-year summary)
Total assets¥4.75Tat 2021-12-31dCons.Total assets US GAAP (5-year summary)
Equity (owners)¥3.49Tat 2025-12-31Cons.Equity attributable to owners of parent US GAAP (5-year summary)
Equity (owners)¥3.38Tat 2024-12-31Cons.Equity attributable to owners of parent US GAAP (5-year summary)
Equity (owners)¥3.35Tat 2023-12-31vCons.Equity attributable to owners of parent US GAAP (5-year summary)
Equity (owners)¥3.11Tat 2022-12-31vCons.Equity attributable to owners of parent US GAAP (5-year summary)
Equity (owners)¥2.87Tat 2021-12-31dCons.Equity attributable to owners of parent US GAAP (5-year summary)
Cash & equivalents¥586.0bnat 2025-12-31Cons.Cash and cash equivalents US GAAP (5-year summary)
Cash & equivalents¥501.6bnat 2024-12-31Cons.Cash and cash equivalents US GAAP (5-year summary)
Cash & equivalents¥401.3bnat 2023-12-31vCons.Cash and cash equivalents US GAAP (5-year summary)
Cash & equivalents¥362.1bnat 2022-12-31vCons.Cash and cash equivalents US GAAP (5-year summary)
Cash & equivalents¥401.4bnat 2021-12-31dCons.Cash and cash equivalents US GAAP (5-year summary)
Operating cash flow¥475.9bn2025-01-01 → 2025-12-31Cons.Cash flows from used in operating activities US GAAP (5-year summary)
Operating cash flow¥606.8bn2024-01-01 → 2024-12-31Cons.Cash flows from used in operating activities US GAAP (5-year summary)
Operating cash flow¥451.2bn2023-01-01 → 2023-12-31vCons.Cash flows from used in operating activities US GAAP (5-year summary)
Operating cash flow¥262.6bn2022-01-01 → 2022-12-31vCons.Cash flows from used in operating activities US GAAP (5-year summary)
Operating cash flow¥451.0bn2021-01-01 → 2021-12-31dCons.Cash flows from used in operating activities US GAAP (5-year summary)
Investing cash flow−¥237.4bn2025-01-01 → 2025-12-31Cons.Cash flows from used in investing activities US GAAP (5-year summary)
Investing cash flow−¥297.3bn2024-01-01 → 2024-12-31Cons.Cash flows from used in investing activities US GAAP (5-year summary)
Investing cash flow−¥275.4bn2023-01-01 → 2023-12-31vCons.Cash flows from used in investing activities US GAAP (5-year summary)
Investing cash flow−¥180.8bn2022-01-01 → 2022-12-31vCons.Cash flows from used in investing activities US GAAP (5-year summary)
Investing cash flow−¥207.3bn2021-01-01 → 2021-12-31dCons.Cash flows from used in investing activities US GAAP (5-year summary)
Financing cash flow−¥179.2bn2025-01-01 → 2025-12-31Cons.Cash flows from used in financing activities US GAAP (5-year summary)
Financing cash flow−¥226.0bn2024-01-01 → 2024-12-31Cons.Cash flows from used in financing activities US GAAP (5-year summary)
Financing cash flow−¥156.7bn2023-01-01 → 2023-12-31vCons.Cash flows from used in financing activities US GAAP (5-year summary)
Financing cash flow−¥146.8bn2022-01-01 → 2022-12-31vCons.Cash flows from used in financing activities US GAAP (5-year summary)
Financing cash flow−¥267.4bn2021-01-01 → 2021-12-31dCons.Cash flows from used in financing activities US GAAP (5-year summary)
EPS (basic)¥367.482025-01-01 → 2025-12-31Cons.Basic earnings loss per share US GAAP (5-year summary)
EPS (basic)¥165.532024-01-01 → 2024-12-31Cons.Basic earnings loss per share US GAAP (5-year summary)
EPS (basic)¥264.22023-01-01 → 2023-12-31vCons.Basic earnings loss per share US GAAP (5-year summary)
EPS (basic)¥236.712022-01-01 → 2022-12-31vCons.Basic earnings loss per share US GAAP (5-year summary)
EPS (basic)¥205.352021-01-01 → 2021-12-31dCons.Basic earnings loss per share US GAAP (5-year summary)
EPS (diluted)¥367.252025-01-01 → 2025-12-31Cons.Diluted earnings loss per share US GAAP (5-year summary)
EPS (diluted)¥165.442024-01-01 → 2024-12-31Cons.Diluted earnings loss per share US GAAP (5-year summary)
EPS (diluted)¥264.082023-01-01 → 2023-12-31vCons.Diluted earnings loss per share US GAAP (5-year summary)
EPS (diluted)¥236.632022-01-01 → 2022-12-31vCons.Diluted earnings loss per share US GAAP (5-year summary)
EPS (diluted)¥205.292021-01-01 → 2021-12-31dCons.Diluted earnings loss per share US GAAP (5-year summary)
Net assets per share¥3,974.81at 2025-12-31Cons.Equity attributable to owners of parent per share US GAAP (5-year summary)
Net assets per share¥3,581.36at 2024-12-31Cons.Equity attributable to owners of parent per share US GAAP (5-year summary)
Net assets per share¥3,394.92at 2023-12-31vCons.Equity attributable to owners of parent per share US GAAP (5-year summary)
Net assets per share¥3,065.97at 2022-12-31vCons.Equity attributable to owners of parent per share US GAAP (5-year summary)
Net assets per share¥2,748.36at 2021-12-31dCons.Equity attributable to owners of parent per share US GAAP (5-year summary)
Equity ratio56.9%at 2025-12-31Cons.Equity to asset ratio US GAAP (5-year summary)
Equity ratio58.6%at 2024-12-31Cons.Equity to asset ratio US GAAP (5-year summary)
Equity ratio61.9%at 2023-12-31vCons.Equity to asset ratio US GAAP (5-year summary)
Equity ratio61.1%at 2022-12-31vCons.Equity to asset ratio US GAAP (5-year summary)
Equity ratio60.5%at 2021-12-31dCons.Equity to asset ratio US GAAP (5-year summary)
ROE9.7%2025-01-01 → 2025-12-31Cons.Rate of return on equity US GAAP (5-year summary)
ROE4.8%2024-01-01 → 2024-12-31Cons.Rate of return on equity US GAAP (5-year summary)
ROE8.2%2023-01-01 → 2023-12-31vCons.Rate of return on equity US GAAP (5-year summary)
ROE8.1%2022-01-01 → 2022-12-31vCons.Rate of return on equity US GAAP (5-year summary)
ROE7.9%2021-01-01 → 2021-12-31dCons.Rate of return on equity US GAAP (5-year summary)
Employees165,547at 2025-12-31Cons.Number of employees
Employees170,340at 2024-12-31Cons.Number of employees
Employees169,151at 2023-12-31vCons.Number of employees
Employees180,775at 2022-12-31vCons.Number of employees
Employees184,034at 2021-12-31dCons.Number of employees
Revenue¥1.84T2025-01-01 → 2025-12-31StandaloneNet sales
Revenue¥1.89T2024-01-01 → 2024-12-31StandaloneNet sales
Revenue¥1.67T2023-01-01 → 2023-12-31vStandaloneNet sales (5-year summary)
Revenue¥1.74T2022-01-01 → 2022-12-31vStandaloneNet sales (5-year summary)
Revenue¥1.51T2021-01-01 → 2021-12-31dStandaloneNet sales (5-year summary)
Operating income¥178.2bn2025-01-01 → 2025-12-31StandaloneOperating income
Operating income¥220.2bn2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income¥324.3bn2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income¥465.5bn2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income¥511.6bn2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥214.3bn2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥248.0bn2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥312.0bn2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax¥524.1bn2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income¥262.1bn2025-01-01 → 2025-12-31StandaloneProfit loss
Net income¥469.1bn2024-01-01 → 2024-12-31StandaloneProfit loss
Net income¥476.8bn2023-01-01 → 2023-12-31vStandaloneNet income loss (5-year summary)
Net income¥193.6bn2022-01-01 → 2022-12-31vStandaloneNet income loss (5-year summary)
Net income¥228.0bn2021-01-01 → 2021-12-31dStandaloneNet income loss (5-year summary)
Total assets¥2.98Tat 2025-12-31StandaloneAssets
Total assets¥3.03Tat 2024-12-31StandaloneAssets
Total assets¥2.94Tat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥2.91Tat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥2.82Tat 2021-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥1.45Tat 2025-12-31StandaloneLiabilities
Total liabilities¥1.31Tat 2024-12-31StandaloneLiabilities
Net assets / equity¥1.53Tat 2025-12-31StandaloneNet assets
Net assets / equity¥1.72Tat 2024-12-31StandaloneNet assets
Net assets / equity¥1.59Tat 2023-12-31vStandaloneNet assets
Net assets / equity¥1.34Tat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥1.37Tat 2021-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥20.5bnat 2025-12-31StandaloneCash and deposits
Cash and deposits¥44.7bnat 2024-12-31StandaloneCash and deposits
EPS (basic)¥289.972025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥485.142024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥476.122023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥187.842022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥218.022021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥289.792025-01-01 → 2025-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥484.92024-01-01 → 2024-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥475.922023-01-01 → 2023-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥187.782022-01-01 → 2022-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥217.962021-01-01 → 2021-12-31dStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥1602025-01-01 → 2025-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥1552024-01-01 → 2024-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥1402023-01-01 → 2023-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥1202022-01-01 → 2022-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥1002021-01-01 → 2021-12-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥1,741.54at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,816.9at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,610.54at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,319.84at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,307.1at 2021-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio51.3%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio56.7%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio54.1%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio46.0%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio48.5%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE16.1%2025-01-01 → 2025-12-31StandaloneRate of return on equity (5-year summary)
ROE28.4%2024-01-01 → 2024-12-31StandaloneRate of return on equity (5-year summary)
ROE32.5%2023-01-01 → 2023-12-31vStandaloneRate of return on equity (5-year summary)
ROE14.3%2022-01-01 → 2022-12-31vStandaloneRate of return on equity (5-year summary)
ROE17.6%2021-01-01 → 2021-12-31dStandaloneRate of return on equity (5-year summary)
Shares issued1,333,763,464at 2025-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued1,333,763,464at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued1,333,763,464at 2023-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued1,333,763,464at 2022-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued1,333,763,464at 2021-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees22,921at 2025-12-31StandaloneNumber of employees
Employees23,457at 2024-12-31StandaloneNumber of employees
Employees23,931at 2023-12-31vStandaloneNumber of employees
Employees24,717at 2022-12-31vStandaloneNumber of employees
Employees25,377at 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 · 8
SegmentItemPeriodValue
Imaging Business Unitreportable segmentemployeesat 2025-12-3126367 pure
Industry Business Unitreportable segmentemployeesat 2025-12-317757 pure
Medical Business Unitreportable segmentemployeesat 2025-12-3113347 pure
Printing Business Unitreportable segmentemployeesat 2025-12-31105938 pure
Imaging Business Unitreportable segmentemployeesat 2025-12-313899 pure
Industry Business Unitreportable segmentemployeesat 2025-12-312558 pure
Medical Business Unitreportable segmentemployeesat 2025-12-31604 pure
Printing Business Unitreportable segmentemployeesat 2025-12-318873 pure

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

All source rows · 1,502
ItemContextValueUnit
Whether issuer of aforementioned shares holds reporting companys shares details of deemed holdings of shares held for purposes other than pure investment reporting companyCurrentYearInstant_Row12Member
Original text (Japanese)無
Name of securities details of deemed holdings of equity securities held for purposes other than pure investment reporting companyCurrentYearInstant_Row13Member
Original text (Japanese)(株)大塚商会
Purpose of shareholding overview of business alliance quantitative effects of shareholding and reason for increase in number of shares details of deemed holdings of shares held for purposes other than pure investment reporting companyCurrentYearInstant_Row13Member
Original text (Japanese)退職給付信託に拠出しており、当社が議決権行使の指図権を有している
Whether issuer of aforementioned shares holds reporting companys shares details of deemed holdings of shares held for purposes other than pure investment reporting companyCurrentYearInstant_Row13Member
Original text (Japanese)無
Name of securities details of deemed holdings of equity securities held for purposes other than pure investment reporting companyCurrentYearInstant_Row14Member
Original text (Japanese)NIPPON EXPRESSホールディングス(株)
Purpose of shareholding overview of business alliance quantitative effects of shareholding and reason for increase in number of shares details of deemed holdings of shares held for purposes other than pure investment reporting companyCurrentYearInstant_Row14Member
Original text (Japanese)退職給付信託に拠出しており、当社が議決権行使の指図権を有している
Whether issuer of aforementioned shares holds reporting companys shares details of deemed holdings of shares held for purposes other than pure investment reporting companyCurrentYearInstant_Row14Member
Original text (Japanese)無
Footnotes deemed holdings of shares held for purposes other than pure investment reporting company (text)CurrentYearInstant_Row1MemberText · Plus
Footnotes deemed holdings of shares held for purposes other than pure investment reporting company (text)CurrentYearInstant_Row2MemberText · Plus
Footnotes deemed holdings of shares held for purposes other than pure investment reporting company (text)CurrentYearInstant_Row3MemberText · Plus
Description of fact that consolidated financial statements have been prepared in accordance with US GAAP financial informationCurrentYearDurationText · Plus
Regulations in accordance with which financial statements have been prepared financial informationCurrentYearDurationText · Plus
Description of fact that financial statements have been prepared in accordance with special provision financial informationCurrentYearDuration
Original text (Japanese)  当社は、特例財務諸表提出会社に該当し、財務諸表等規則第127条の規定により財務諸表を作成しております。
Note on independent audit financial informationCurrentYearDurationText · Plus
Remarkable efforts to ensure fair presentation of consolidated financial statements etc financial informationCurrentYearDurationText · Plus
Consolidated balance sheet US GAAP (text)CurrentYearDurationText · Plus
Consolidated statement of income US GAAP (text)CurrentYearDurationText · Plus
Consolidated statement of comprehensive income US GAAP (text)CurrentYearDurationText · Plus
Consolidated statement of equity US GAAP (text)CurrentYearDurationText · Plus
Consolidated statement of cash flows US GAAP (text)CurrentYearDurationText · Plus
Notes to consolidated financial statements US GAAP (text)CurrentYearDurationText · Plus
Annexed consolidated detailed schedule of corporate bonds (text)CurrentYearDurationText · Plus
Annexed consolidated detailed schedule of borrowings (text)CurrentYearDurationText · Plus
Annexed consolidated detailed schedule of asset retirement obligations (text)CurrentYearDurationText · Plus
Schedule of valuation and qualifying accounts consolidated financial statements (text)CurrentYearDurationText · Plus
Other information consolidated financial statements etc (text)CurrentYearDurationText · Plus
Balance sheet (text)CurrentYearDurationText · Plus
Statement of income (text)CurrentYearDurationText · Plus
Statement of changes in equity (text)CurrentYearDurationText · Plus
Notes significant accounting policies financial statements (text)CurrentYearDurationText · Plus
Significant accounting estimates financial statements (text)CurrentYearDurationText · Plus
Notes changes in accounting policies in accordance with changes in accounting standards etc financial statements (text)CurrentYearDurationText · Plus
Notes new accounting standards not yet applied financial statements (text)CurrentYearDurationText · Plus
Notes regarding assets and liabilities incurred from transactions with affiliated entities (text)CurrentYearInstant_NonConsolidatedMemberText · Plus
Notes regarding guarantee obligations (text)CurrentYearInstant_NonConsolidatedMemberText · Plus
Notes regarding amounts of reduction entry of property plant and equipment (text)CurrentYearInstant_NonConsolidatedMemberText · Plus
Notes regarding total amount of operating transactions from or to affiliated entities and total amount of non operating transactions from or to affiliated entities (text)CurrentYearDuration_NonConsolidatedMemberText · Plus
Major components of selling general and administrative expenses (text)CurrentYearDuration_NonConsolidatedMemberText · Plus
Notes regarding loss on valuation of shares of subsidiaries and associates (text)CurrentYearDuration_NonConsolidatedMemberText · Plus
Notes securities financial statements (text)CurrentYearDurationText · Plus
Notes tax effect accounting financial statements (text)CurrentYearDurationText · Plus
Notes revenue recognition financial statements (text)CurrentYearDurationText · Plus
Notes significant events after reporting period financial statements (text)CurrentYearDurationText · Plus
Notes additional information financial statements (text)CurrentYearDurationText · Plus
Annexed detailed schedule of property plant and equipment etc (text)CurrentYearDurationText · Plus
Annexed detailed schedule of provisions (text)CurrentYearDurationText · Plus
Components of major assets and liabilities (text)CurrentYearDurationText · Plus
Other information financial statements etc (text)CurrentYearDurationText · Plus
Overview of operational procedures for shares (text)FilingDateInstantText · Plus
Information about parent company etc of reporting company (text)FilingDateInstantText · Plus

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 · 11 of 11 passed
balance sheet identitynon_consolidated 2024-12-31pass
balance sheet identitynon_consolidated 2025-12-31pass
dei present pass
period resolution pass
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 · revenuenon_consolidated 2024-01-01/2024-12-31pass
statement vs summary · revenuenon_consolidated 2025-01-01/2025-12-31pass
statement vs summary · total assetsnon_consolidated 2024-12-31pass
statement vs summary · total assetsnon_consolidated 2025-12-31pass