Annual report

Period2025-01-01 → 2025-12-31

Filed2026-03-25

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 148

Metric	Value	Period	Scope	Source row
Revenue	¥87.0bn	2025-01-01 → 2025-12-31	Cons.	Net sales
Revenue	¥80.1bn	2024-01-01 → 2024-12-31	Cons.	Net sales
Revenue	¥74.8bn	2023-01-01 → 2023-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥64.4bn	2022-01-01 → 2022-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥54.6bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥3.0bn	2025-01-01 → 2025-12-31	Cons.	Operating income
Operating income	¥4.4bn	2024-01-01 → 2024-12-31	Cons.	Operating income
Ordinary income	¥3.2bn	2025-01-01 → 2025-12-31	Cons.	Ordinary income
Ordinary income	¥4.2bn	2024-01-01 → 2024-12-31	Cons.	Ordinary income
Ordinary income	¥4.0bn	2023-01-01 → 2023-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥3.6bn	2022-01-01 → 2022-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥2.4bn	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥7.3bn	2025-01-01 → 2025-12-31	Cons.	Income before income taxes
Profit before tax	¥4.0bn	2024-01-01 → 2024-12-31	Cons.	Income before income taxes
Net income (owners)	¥6.5bn	2025-01-01 → 2025-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥2.9bn	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥2.5bn	2023-01-01 → 2023-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥2.0bn	2022-01-01 → 2022-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥951m	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥6.5bn	2025-01-01 → 2025-12-31	Cons.	Profit loss
Net income	¥2.8bn	2024-01-01 → 2024-12-31	Cons.	Profit loss
Total assets	¥85.1bn	at 2025-12-31	Cons.	Assets
Total assets	¥75.1bn	at 2024-12-31	Cons.	Assets
Total assets	¥75.6bn	at 2023-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥67.8bn	at 2022-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥66.6bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥63.8bn	at 2025-12-31	Cons.	Liabilities
Total liabilities	¥59.1bn	at 2024-12-31	Cons.	Liabilities
Net assets / equity	¥21.3bn	at 2025-12-31	Cons.	Net assets
Net assets / equity	¥16.0bn	at 2024-12-31	Cons.	Net assets
Net assets / equity	¥15.9bn	at 2023-12-31^v	Cons.	Net assets
Net assets / equity	¥12.7bn	at 2022-12-31^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥12.3bn	at 2021-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥11.5bn	at 2025-12-31	Cons.	Cash and deposits
Cash and deposits	¥12.2bn	at 2024-12-31	Cons.	Cash and deposits
Cash & equivalents	¥11.5bn	at 2025-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥12.2bn	at 2024-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥14.4bn	at 2023-12-31^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥10.4bn	at 2022-12-31^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥12.2bn	at 2021-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥3.9bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥6.7bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥1.8bn	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥2.2bn	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥4.7bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥7.9bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥2.5bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥3.5bn	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥203m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥8.4bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	¥3.0bn	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥6.5bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥5.6bn	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥3.9bn	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥1.5bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥139.01	2025-01-01 → 2025-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥58.92	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥50.94	2023-01-01 → 2023-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥41.54	2022-01-01 → 2022-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥18.91	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥437.98	at 2025-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥329.85	at 2024-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥307.67	at 2023-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥254.68	at 2022-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥226.91	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	24.4%	at 2025-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	20.5%	at 2024-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	20.4%	at 2023-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	18.1%	at 2022-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	16.4%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	36.2%	2025-01-01 → 2025-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	18.7%	2024-01-01 → 2024-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	18.1%	2023-01-01 → 2023-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	17.2%	2022-01-01 → 2022-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	8.6%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	4,038	at 2025-12-31	Cons.	Number of employees
Employees	3,576	at 2024-12-31	Cons.	Number of employees
Employees	3,222	at 2023-12-31^v	Cons.	Number of employees
Employees	2,889	at 2022-12-31^v	Cons.	Number of employees
Employees	2,771	at 2021-12-31^d	Cons.	Number of employees
Revenue	¥3.1bn	2025-01-01 → 2025-12-31	Standalone	Net sales
Revenue	¥3.3bn	2024-01-01 → 2024-12-31	Standalone	Net sales
Revenue	¥4.5bn	2023-01-01 → 2023-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥1.3bn	2022-01-01 → 2022-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥1.9bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥405m	2025-01-01 → 2025-12-31	Standalone	Operating income
Operating income	¥1.3bn	2024-01-01 → 2024-12-31	Standalone	Operating income
Ordinary income	¥264m	2025-01-01 → 2025-12-31	Standalone	Ordinary income
Ordinary income	¥1.1bn	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	¥3.0bn	2023-01-01 → 2023-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥76m	2022-01-01 → 2022-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥771m	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥4.6bn	2025-01-01 → 2025-12-31	Standalone	Income before income taxes
Profit before tax	¥932m	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Net income	¥4.6bn	2025-01-01 → 2025-12-31	Standalone	Profit loss
Net income	¥931m	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	¥265m	2023-01-01 → 2023-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥134m	2022-01-01 → 2022-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥696m	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥75.0bn	at 2025-12-31	Standalone	Assets
Total assets	¥67.1bn	at 2024-12-31	Standalone	Assets
Total assets	¥67.7bn	at 2023-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥61.5bn	at 2022-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥60.8bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥63.3bn	at 2025-12-31	Standalone	Liabilities
Total liabilities	¥58.8bn	at 2024-12-31	Standalone	Liabilities
Net assets / equity	¥11.6bn	at 2025-12-31	Standalone	Net assets
Net assets / equity	¥8.2bn	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥9.6bn	at 2023-12-31^v	Standalone	Net assets
Net assets / equity	¥8.7bn	at 2022-12-31^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥9.1bn	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥4.2bn	at 2025-12-31	Standalone	Cash and deposits
Cash and deposits	¥5.0bn	at 2024-12-31	Standalone	Cash and deposits
EPS (basic)	¥97.72	2025-01-01 → 2025-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥19.12	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥5.39	2023-01-01 → 2023-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥2.8	2022-01-01 → 2022-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥13.83	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
Dividend per share	¥60	2025-01-01 → 2025-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥13	2024-01-01 → 2024-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥12	2023-01-01 → 2023-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥11	2022-01-01 → 2022-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥10.5	2021-01-01 → 2021-12-31^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥245.81	at 2025-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥176.8	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥191.62	at 2023-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥180.62	at 2022-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥189.09	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	15.5%	at 2025-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	12.3%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	14.2%	at 2023-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	14.2%	at 2022-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	15.0%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	46.2%	2025-01-01 → 2025-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	10.4%	2024-01-01 → 2024-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	2.9%	2023-01-01 → 2023-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	1.5%	2022-01-01 → 2022-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	7.4%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	51,000,000	at 2025-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	51,000,000	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	51,000,000	at 2023-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	55,271,736	at 2022-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	55,271,736	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	74	at 2025-12-31	Standalone	Number of employees
Employees	88	at 2024-12-31	Standalone	Number of employees
Employees	62	at 2023-12-31^v	Standalone	Number of employees
Employees	69	at 2022-12-31^v	Standalone	Number of employees
Employees	65	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 · 1,721

Item	Context	Value
Address major shareholders	CurrentYearInstant_No1MajorShareholdersMember	Original text (Japanese) 東京都港区赤坂８丁目４番14号
Name major shareholders	CurrentYearInstant_No2MajorShareholdersMember	Original text (Japanese) 日本創発グループ従業員持株会
Address major shareholders	CurrentYearInstant_No2MajorShareholdersMember	Original text (Japanese) 東京都台東区上野３丁目24番６号
Name major shareholders	CurrentYearInstant_No3MajorShareholdersMember	Original text (Japanese) 中田　久士
Address major shareholders	CurrentYearInstant_No3MajorShareholdersMember	Original text (Japanese) 東京都港区
Name major shareholders	CurrentYearInstant_No4MajorShareholdersMember	Original text (Japanese) 林　基史
Address major shareholders	CurrentYearInstant_No4MajorShareholdersMember	Original text (Japanese) 愛知県刈谷市
Name major shareholders	CurrentYearInstant_No5MajorShareholdersMember	Original text (Japanese) 仲田　広道
Address major shareholders	CurrentYearInstant_No5MajorShareholdersMember	Original text (Japanese) 川崎市麻生区
Name major shareholders	CurrentYearInstant_No6MajorShareholdersMember	Original text (Japanese) 井戸　剛
Address major shareholders	CurrentYearInstant_No6MajorShareholdersMember	Original text (Japanese) 兵庫県西宮市
Name major shareholders	CurrentYearInstant_No7MajorShareholdersMember	Original text (Japanese) 藤田　一郎
Address major shareholders	CurrentYearInstant_No7MajorShareholdersMember	Original text (Japanese) 東京都港区
Name major shareholders	CurrentYearInstant_No8MajorShareholdersMember	Original text (Japanese) 株式会社アイディーオー・コーポレーション
Address major shareholders	CurrentYearInstant_No8MajorShareholdersMember	Original text (Japanese) 大阪市北区梅田２丁目２番２号
Name major shareholders	CurrentYearInstant_No9MajorShareholdersMember	Original text (Japanese) 竹井　泰弘
Address major shareholders	CurrentYearInstant_No9MajorShareholdersMember	Original text (Japanese) 東京都中央区
Name major shareholders	CurrentYearInstant_No10MajorShareholdersMember	Original text (Japanese) 飯島　浩司
Address major shareholders	CurrentYearInstant_No10MajorShareholdersMember	Original text (Japanese) 名古屋市千種区
Issued shares voting rights (text)	FilingDateInstant	Text · Plus
Description issued shares voting rights	CurrentYearInstant_SharesWithNoVotingRightsMember	－
Description issued shares voting rights	CurrentYearInstant_SharesWithRestrictedVotingRightsTreasurySharesEtcMember	－
Description issued shares voting rights	CurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember	－
Description issued shares voting rights	CurrentYearInstant_SharesWithFullVotingRightsTreasurySharesEtcMember	－
Description issued shares voting rights	CurrentYearInstant_SharesWithFullVotingRightsOtherMember	－
Description issued shares voting rights	CurrentYearInstant_SharesLessThanOneUnitMember	－
Treasury shares etc (text)	FilingDateInstant	Text · Plus
Name of shareholder treasury shares etc	CurrentYearInstant_Row1Member	Original text (Japanese) 株式会社日本創発グループ
Address of shareholder treasury shares etc	CurrentYearInstant_Row1Member	Original text (Japanese) 東京都台東区上野三丁目24番６号
Classes of shares etc (text)	FilingDateInstant	Text · Plus
Acquisitions by resolution of shareholders meeting (text)	FilingDateInstant	Text · Plus
Acquisitions by resolution of board of directors meeting (text)	FilingDateInstant	Text · Plus
Acquisitions not based on resolution of shareholders meeting or board of directors meeting (text)	FilingDateInstant	Text · Plus
Disposals or holding of acquired treasury shares (text)	FilingDateInstant	Text · Plus
Dividend policy (text)	FilingDateInstant	Text · Plus
Date of resolution dividends of surplus	FilingDateInstant_Row1Member	2025-05-14
Resolution dividends of surplus	FilingDateInstant_Row1Member	Original text (Japanese) 取締役会決議
Date of resolution dividends of surplus	FilingDateInstant_Row2Member	2025-08-13
Resolution dividends of surplus	FilingDateInstant_Row2Member	Original text (Japanese) 取締役会決議
Date of resolution dividends of surplus	FilingDateInstant_Row3Member	2025-11-13
Resolution dividends of surplus	FilingDateInstant_Row3Member	Original text (Japanese) 取締役会決議
Date of resolution dividends of surplus	FilingDateInstant_Row4Member	2026-02-13
Resolution dividends of surplus	FilingDateInstant_Row4Member	Original text (Japanese) 取締役会決議
Overview of corporate governance (text)	FilingDateInstant	Text · Plus
Corporate governance company with audit and supervisory committee (text)	FilingDateInstant	Text · Plus
Information about officers (text)	FilingDateInstant	Text · Plus
Official title or position information about directors and corporate auditors	FilingDateInstant_jpcrp030000-asr_E30930-000FujitaIchirouMember	Original text (Japanese) 取締役社長（代表取締役）
Name information about directors and corporate auditors	FilingDateInstant_jpcrp030000-asr_E30930-000FujitaIchirouMember	Original text (Japanese) 藤田　一郎
Date of birth information about directors and corporate auditors	FilingDateInstant_jpcrp030000-asr_E30930-000FujitaIchirouMember	1966-02-16
Career summary information about directors and corporate auditors (text)	FilingDateInstant_jpcrp030000-asr_E30930-000FujitaIchirouMember	Text · 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 · 24 of 24 passed

balance sheet identity	consolidated 2024-12-31	pass
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