Annual report

Period2025-01-21 → 2026-01-20

Filed2026-04-15

StandardJapan GAAP

ConsolidatedNo

Data checks13 of 13 passed

Key figures · 84

Metric	Value	Period	Scope	Source row
Revenue	¥1.6bn	2025-01-21 → 2026-01-20	Standalone	Net sales
Revenue	¥1.9bn	2024-01-21 → 2025-01-20	Standalone	Net sales
Revenue	¥5.4bn	2023-01-21 → 2024-01-20^v	Standalone	Net sales (5-year summary)
Revenue	¥7.4bn	2022-01-21 → 2023-01-20^v	Standalone	Net sales (5-year summary)
Revenue	¥5.5bn	2021-01-21 → 2022-01-20^d	Standalone	Net sales (5-year summary)
Operating income	−¥174m	2025-01-21 → 2026-01-20	Standalone	Operating income
Operating income	−¥50m	2024-01-21 → 2025-01-20	Standalone	Operating income
Ordinary income	−¥175m	2025-01-21 → 2026-01-20	Standalone	Ordinary income
Ordinary income	−¥45m	2024-01-21 → 2025-01-20	Standalone	Ordinary income
Ordinary income	¥449m	2023-01-21 → 2024-01-20^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥513m	2022-01-21 → 2023-01-20^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥496m	2021-01-21 → 2022-01-20^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	−¥54m	2025-01-21 → 2026-01-20	Standalone	Income before income taxes
Profit before tax	−¥21m	2024-01-21 → 2025-01-20	Standalone	Income before income taxes
Net income	−¥61m	2025-01-21 → 2026-01-20	Standalone	Profit loss
Net income	−¥72m	2024-01-21 → 2025-01-20	Standalone	Profit loss
Net income	¥313m	2023-01-21 → 2024-01-20^v	Standalone	Net income loss (5-year summary)
Net income	¥356m	2022-01-21 → 2023-01-20^v	Standalone	Net income loss (5-year summary)
Net income	¥343m	2021-01-21 → 2022-01-20^d	Standalone	Net income loss (5-year summary)
Total assets	¥1.8bn	at 2026-01-20	Standalone	Assets
Total assets	¥2.3bn	at 2025-01-20	Standalone	Assets
Total assets	¥2.8bn	at 2024-01-20^v	Standalone	Total assets (5-year summary)
Total assets	¥3.0bn	at 2023-01-20^v	Standalone	Total assets (5-year summary)
Total assets	¥2.8bn	at 2022-01-20^d	Standalone	Total assets (5-year summary)
Total liabilities	¥130m	at 2026-01-20	Standalone	Liabilities
Total liabilities	¥172m	at 2025-01-20	Standalone	Liabilities
Net assets / equity	¥1.7bn	at 2026-01-20	Standalone	Net assets
Net assets / equity	¥2.1bn	at 2025-01-20	Standalone	Net assets
Net assets / equity	¥2.4bn	at 2024-01-20^v	Standalone	Net assets
Net assets / equity	¥2.3bn	at 2023-01-20^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥2.3bn	at 2022-01-20^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥1.2bn	at 2026-01-20	Standalone	Cash and deposits
Cash and deposits	¥1.4bn	at 2025-01-20	Standalone	Cash and deposits
Cash & equivalents	¥1.2bn	at 2026-01-20	Standalone	Cash and cash equivalents
Cash & equivalents	¥1.4bn	at 2025-01-20	Standalone	Cash and cash equivalents
Cash & equivalents	¥1.8bn	at 2024-01-20^v	Standalone	Cash and cash equivalents
Cash & equivalents	¥1.3bn	at 2023-01-20^v	Standalone	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥1.3bn	at 2022-01-20^d	Standalone	Cash and cash equivalents (5-year summary)
Operating cash flow	−¥156m	2025-01-21 → 2026-01-20	Standalone	Net cash provided by used in operating activities
Operating cash flow	−¥93m	2024-01-21 → 2025-01-20	Standalone	Net cash provided by used in operating activities
Operating cash flow	¥774m	2023-01-21 → 2024-01-20^v	Standalone	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥479m	2022-01-21 → 2023-01-20^v	Standalone	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥265m	2021-01-21 → 2022-01-20^d	Standalone	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	¥173m	2025-01-21 → 2026-01-20	Standalone	Net cash provided by used in investment activities
Investing cash flow	−¥81m	2024-01-21 → 2025-01-20	Standalone	Net cash provided by used in investment activities
Investing cash flow	−¥8m	2023-01-21 → 2024-01-20^v	Standalone	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥133m	2022-01-21 → 2023-01-20^v	Standalone	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥117m	2021-01-21 → 2022-01-20^d	Standalone	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥304m	2025-01-21 → 2026-01-20	Standalone	Net cash provided by used in financing activities
Financing cash flow	−¥209m	2024-01-21 → 2025-01-20	Standalone	Net cash provided by used in financing activities
Financing cash flow	−¥255m	2023-01-21 → 2024-01-20^v	Standalone	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥340m	2022-01-21 → 2023-01-20^v	Standalone	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥263m	2021-01-21 → 2022-01-20^d	Standalone	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥-15.61	2025-01-21 → 2026-01-20	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-16.46	2024-01-21 → 2025-01-20	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥71.53	2023-01-21 → 2024-01-20^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥81.31	2022-01-21 → 2023-01-20^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥78.52	2021-01-21 → 2022-01-20^d	Standalone	Basic earnings loss per share (5-year summary)
Dividend per share	¥48	2023-01-21 → 2024-01-20^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥58	2022-01-21 → 2023-01-20^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥78	2021-01-21 → 2022-01-20^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥439.03	at 2026-01-20	Standalone	Net assets per share (5-year summary)
Net assets per share	¥486.51	at 2025-01-20	Standalone	Net assets per share (5-year summary)
Net assets per share	¥547.52	at 2024-01-20^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥532.35	at 2023-01-20^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥528.4	at 2022-01-20^d	Standalone	Net assets per share (5-year summary)
Equity ratio	92.8%	at 2026-01-20	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	92.5%	at 2025-01-20	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	86.5%	at 2024-01-20^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	77.3%	at 2023-01-20^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	83.0%	at 2022-01-20^d	Standalone	Equity to asset ratio (5-year summary)
ROE	13.2%	2023-01-21 → 2024-01-20^v	Standalone	Rate of return on equity (5-year summary)
ROE	15.3%	2022-01-21 → 2023-01-20^v	Standalone	Rate of return on equity (5-year summary)
ROE	15.1%	2021-01-21 → 2022-01-20^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	4,437,500	at 2026-01-20	Standalone	Total number of issued shares (5-year summary)
Shares issued	4,437,500	at 2025-01-20	Standalone	Total number of issued shares (5-year summary)
Shares issued	4,437,500	at 2024-01-20^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	4,437,500	at 2023-01-20^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	4,437,500	at 2022-01-20^d	Standalone	Total number of issued shares (5-year summary)
Employees	40	at 2026-01-20	Standalone	Number of employees
Employees	45	at 2025-01-20	Standalone	Number of employees
Employees	51	at 2024-01-20^v	Standalone	Number of employees
Employees	54	at 2023-01-20^v	Standalone	Number of employees
Employees	55	at 2022-01-20^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 · 940

Item	Context	Value	Unit
Income before income taxes	CurrentYearDuration_NonConsolidatedMember	-54162000	JPY
Depreciation and amortization ope cf	Prior1YearDuration_NonConsolidatedMember	34403000	JPY
Depreciation and amortization ope cf	CurrentYearDuration_NonConsolidatedMember	59657000	JPY
Impairment loss ope cf	Prior1YearDuration_NonConsolidatedMember	－	JPY
Impairment loss ope cf	CurrentYearDuration_NonConsolidatedMember	63726000	JPY
Increase decrease in allowance for doubtful accounts ope cf	Prior1YearDuration_NonConsolidatedMember	2579000	JPY
Increase decrease in allowance for doubtful accounts ope cf	CurrentYearDuration_NonConsolidatedMember	-2417000	JPY
Interest and dividends income ope cf	Prior1YearDuration_NonConsolidatedMember	-3018000	JPY
Interest and dividends income ope cf	CurrentYearDuration_NonConsolidatedMember	-685000	JPY
Subsidy income ope cf	Prior1YearDuration_NonConsolidatedMember	-24602000	JPY
Subsidy income ope cf	CurrentYearDuration_NonConsolidatedMember	－	JPY
Foreign exchange losses gains ope cf	Prior1YearDuration_NonConsolidatedMember	0	JPY
Foreign exchange losses gains ope cf	CurrentYearDuration_NonConsolidatedMember	9000	JPY
Loss gain on sales of investment securities ope cf	Prior1YearDuration_NonConsolidatedMember	－	JPY
Loss gain on sales of investment securities ope cf	CurrentYearDuration_NonConsolidatedMember	-184250000	JPY
Decrease increase in notes and accounts receivable trade ope cf	Prior1YearDuration_NonConsolidatedMember	158668000	JPY
Decrease increase in notes and accounts receivable trade ope cf	CurrentYearDuration_NonConsolidatedMember	31236000	JPY
Decrease increase in inventories ope cf	Prior1YearDuration_NonConsolidatedMember	13544000	JPY
Decrease increase in inventories ope cf	CurrentYearDuration_NonConsolidatedMember	-75690000	JPY
Decrease increase in advance payments ope cf	Prior1YearDuration_NonConsolidatedMember	2976000	JPY
Decrease increase in advance payments ope cf	CurrentYearDuration_NonConsolidatedMember	277000	JPY
Bad debts expenses ope cf	Prior1YearDuration_NonConsolidatedMember	1029000	JPY
Bad debts expenses ope cf	CurrentYearDuration_NonConsolidatedMember	－	JPY
Increase decrease in notes and accounts payable trade ope cf	Prior1YearDuration_NonConsolidatedMember	-14280000	JPY
Increase decrease in notes and accounts payable trade ope cf	CurrentYearDuration_NonConsolidatedMember	-9129000	JPY
Increase decrease in advances received ope cf	Prior1YearDuration_NonConsolidatedMember	-10783000	JPY
Increase decrease in advances received ope cf	CurrentYearDuration_NonConsolidatedMember	4999000	JPY
Other net ope cf	Prior1YearDuration_NonConsolidatedMember	-123686000	JPY
Other net ope cf	CurrentYearDuration_NonConsolidatedMember	10044000	JPY
Subtotal ope cf	Prior1YearDuration_NonConsolidatedMember	16250000	JPY
Subtotal ope cf	CurrentYearDuration_NonConsolidatedMember	-156387000	JPY
Interest and dividends income received ope cf inv cf	Prior1YearDuration_NonConsolidatedMember	3018000	JPY
Interest and dividends income received ope cf inv cf	CurrentYearDuration_NonConsolidatedMember	685000	JPY
Income taxes paid ope cf	Prior1YearDuration_NonConsolidatedMember	-112463000	JPY
Income taxes paid ope cf	CurrentYearDuration_NonConsolidatedMember	-370000	JPY
Net cash provided by used in operating activities	Prior1YearDuration_NonConsolidatedMember	-93195000	JPY
Net cash provided by used in operating activities	CurrentYearDuration_NonConsolidatedMember	-156072000	JPY
Purchase of property plant and equipment inv cf	Prior1YearDuration_NonConsolidatedMember	-53086000	JPY
Purchase of property plant and equipment inv cf	CurrentYearDuration_NonConsolidatedMember	-39724000	JPY
Purchase of intangible assets inv cf	Prior1YearDuration_NonConsolidatedMember	-27500000	JPY
Purchase of intangible assets inv cf	CurrentYearDuration_NonConsolidatedMember	-7551000	JPY
Subsidies received inv cf	Prior1YearDuration_NonConsolidatedMember	－	JPY
Subsidies received inv cf	CurrentYearDuration_NonConsolidatedMember	24602000	JPY
Proceeds from sales of investment securities inv cf	Prior1YearDuration_NonConsolidatedMember	－	JPY
Proceeds from sales of investment securities inv cf	CurrentYearDuration_NonConsolidatedMember	195994000	JPY
Net cash provided by used in investment activities	Prior1YearDuration_NonConsolidatedMember	-80586000	JPY
Net cash provided by used in investment activities	CurrentYearDuration_NonConsolidatedMember	173320000	JPY
Purchase of treasury stock fin cf	Prior1YearDuration_NonConsolidatedMember	－	JPY
Purchase of treasury stock fin cf	CurrentYearDuration_NonConsolidatedMember	-303592000	JPY
Cash dividends paid fin cf	Prior1YearDuration_NonConsolidatedMember	-208607000	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 · 13 of 13 passed

balance sheet identity	non_consolidated 2025-01-20	pass
balance sheet identity	non_consolidated 2026-01-20	pass rounding
dei present		pass
period resolution		pass
statement vs summary · net assets	non_consolidated 2024-01-20	pass
statement vs summary · net assets	non_consolidated 2025-01-20	pass
statement vs summary · net assets	non_consolidated 2026-01-20	pass
statement vs summary · operating cash flow	non_consolidated 2024-01-21/2025-01-20	pass
statement vs summary · operating cash flow	non_consolidated 2025-01-21/2026-01-20	pass
statement vs summary · revenue	non_consolidated 2024-01-21/2025-01-20	pass
statement vs summary · revenue	non_consolidated 2025-01-21/2026-01-20	pass
statement vs summary · total assets	non_consolidated 2025-01-20	pass
statement vs summary · total assets	non_consolidated 2026-01-20	pass