Annual report

Period2025-01-01 → 2025-12-31
Filed2026-03-23
StandardIFRS
ConsolidatedYes
Data checks19 of 19 passed
Key figures · 149
MetricValuePeriodScopeSource row
Revenue¥945.3bn2025-01-01 → 2025-12-31Cons.Revenue IFRS (5-year summary)
Revenue¥989.0bn2024-01-01 → 2024-12-31Cons.Revenue IFRS (5-year summary)
Revenue¥941.8bn2023-01-01 → 2023-12-31vCons.Revenue IFRS (5-year summary)
Revenue¥898.0bn2022-01-01 → 2022-12-31vCons.Revenue IFRS (5-year summary)
Revenue¥782.7bn2021-01-01 → 2021-12-31dCons.Revenue IFRS (5-year summary)
Profit before tax¥105.4bn2025-01-01 → 2025-12-31Cons.Profit loss before tax IFRS
Profit before tax¥134.5bn2024-01-01 → 2024-12-31Cons.Profit loss before tax IFRS
Profit before tax¥132.3bn2023-01-01 → 2023-12-31vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax¥115.7bn2022-01-01 → 2022-12-31vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax¥122.0bn2021-01-01 → 2021-12-31dCons.Profit loss before tax IFRS (5-year summary)
Net income (owners)¥65.2bn2025-01-01 → 2025-12-31Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥81.8bn2024-01-01 → 2024-12-31Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥86.1bn2023-01-01 → 2023-12-31vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥67.6bn2022-01-01 → 2022-12-31vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥72.7bn2021-01-01 → 2021-12-31dCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income¥70.9bn2025-01-01 → 2025-12-31Cons.Profit loss IFRS
Net income¥95.2bn2024-01-01 → 2024-12-31Cons.Profit loss IFRS
Total assets¥1.22Tat 2025-12-31Cons.Assets IFRS
Total assets¥1.24Tat 2024-12-31Cons.Assets IFRS
Total assets¥1.13Tat 2023-12-31vCons.Total assets IFRS (5-year summary)
Total assets¥1.05Tat 2022-12-31vCons.Total assets IFRS (5-year summary)
Total assets¥987.7bnat 2021-12-31dCons.Total assets IFRS (5-year summary)
Total liabilities¥331.9bnat 2025-12-31Cons.Liabilities IFRS
Total liabilities¥366.3bnat 2024-12-31Cons.Liabilities IFRS
Net assets / equity¥891.3bnat 2025-12-31Cons.Equity IFRS
Net assets / equity¥873.7bnat 2024-12-31Cons.Equity IFRS
Net assets / equity¥788.3bnat 2023-12-31vCons.Equity IFRS
Equity (owners)¥794.7bnat 2025-12-31Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥773.1bnat 2024-12-31Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥695.7bnat 2023-12-31vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥618.9bnat 2022-12-31vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥557.6bnat 2021-12-31dCons.Equity attributable to owners of parent IFRS (5-year summary)
Cash & equivalents¥253.1bnat 2025-12-31Cons.Cash and cash equivalents IFRS
Cash & equivalents¥261.1bnat 2024-12-31Cons.Cash and cash equivalents IFRS
Cash & equivalents¥253.8bnat 2023-12-31vCons.Cash and cash equivalents IFRS
Cash & equivalents¥217.2bnat 2022-12-31vCons.Cash and cash equivalents IFRS (5-year summary)
Cash & equivalents¥187.5bnat 2021-12-31dCons.Cash and cash equivalents IFRS (5-year summary)
Operating cash flow¥131.5bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥137.1bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥162.4bn2023-01-01 → 2023-12-31vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥92.2bn2022-01-01 → 2022-12-31vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥105.3bn2021-01-01 → 2021-12-31dCons.Cash flows from used in operating activities IFRS (5-year summary)
Investing cash flow−¥58.7bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥73.8bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥67.5bn2023-01-01 → 2023-12-31vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥7.1bn2022-01-01 → 2022-12-31vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥79.8bn2021-01-01 → 2021-12-31dCons.Cash flows from used in investing activities IFRS (5-year summary)
Financing cash flow−¥83.9bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in financing activities IFRS
Financing cash flow−¥66.8bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in financing activities IFRS
Financing cash flow−¥67.0bn2023-01-01 → 2023-12-31vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow−¥61.7bn2022-01-01 → 2022-12-31vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow−¥45.2bn2021-01-01 → 2021-12-31dCons.Cash flows from used in financing activities IFRS (5-year summary)
EPS (basic)¥37.32025-01-01 → 2025-12-31Cons.Basic earnings loss per share IFRS
EPS (basic)¥46.412024-01-01 → 2024-12-31Cons.Basic earnings loss per share IFRS
EPS (basic)¥48.472023-01-01 → 2023-12-31vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥37.872022-01-01 → 2022-12-31vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥40.592021-01-01 → 2021-12-31dCons.Basic earnings loss per share IFRS (5-year summary)
EPS (diluted)¥37.862022-01-01 → 2022-12-31vCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥40.562021-01-01 → 2021-12-31dCons.Diluted earnings loss per share IFRS (5-year summary)
Net assets per share¥456.75at 2025-12-31Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥439.46at 2024-12-31Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥392.91at 2023-12-31vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥347.72at 2022-12-31vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥311.68at 2021-12-31dCons.Equity to asset ratio IFRS (5-year summary)
Equity ratio65.0%at 2025-12-31Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio62.3%at 2024-12-31Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio61.4%at 2023-12-31vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio59.0%at 2022-12-31vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio56.5%at 2021-12-31dCons.Ratio of owners equity to gross assets IFRS (5-year summary)
ROE8.3%2025-01-01 → 2025-12-31Cons.Rate of return on equity IFRS (5-year summary)
ROE11.1%2024-01-01 → 2024-12-31Cons.Rate of return on equity IFRS (5-year summary)
ROE13.1%2023-01-01 → 2023-12-31vCons.Rate of return on equity IFRS (5-year summary)
ROE11.5%2022-01-01 → 2022-12-31vCons.Rate of return on equity IFRS (5-year summary)
ROE13.8%2021-01-01 → 2021-12-31dCons.Rate of return on equity IFRS (5-year summary)
Employees16,542at 2025-12-31Cons.Number of employees
Employees16,464at 2024-12-31Cons.Number of employees
Employees16,223at 2023-12-31vCons.Number of employees
Employees16,206at 2022-12-31vCons.Number of employees
Employees16,308at 2021-12-31dCons.Number of employees
Revenue¥369.2bn2025-01-01 → 2025-12-31StandaloneNet sales
Revenue¥369.6bn2024-01-01 → 2024-12-31StandaloneNet sales
Revenue¥348.7bn2023-01-01 → 2023-12-31vStandaloneNet sales (5-year summary)
Revenue¥344.3bn2022-01-01 → 2022-12-31vStandaloneNet sales (5-year summary)
Revenue¥382.2bn2021-01-01 → 2021-12-31dStandaloneNet sales (5-year summary)
Operating income¥39.0bn2025-01-01 → 2025-12-31StandaloneOperating income
Operating income¥47.9bn2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income¥112.1bn2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income¥144.0bn2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income¥143.4bn2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥67.9bn2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥81.4bn2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥111.5bn2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax¥140.6bn2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income¥99.2bn2025-01-01 → 2025-12-31StandaloneProfit loss
Net income¥118.5bn2024-01-01 → 2024-12-31StandaloneProfit loss
Net income¥119.4bn2023-01-01 → 2023-12-31vStandaloneNet income loss (5-year summary)
Net income¥6.9bn2022-01-01 → 2022-12-31vStandaloneNet income loss (5-year summary)
Net income¥59.6bn2021-01-01 → 2021-12-31dStandaloneNet income loss (5-year summary)
Total assets¥618.1bnat 2025-12-31StandaloneAssets
Total assets¥568.2bnat 2024-12-31StandaloneAssets
Total assets¥493.1bnat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥414.1bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥474.1bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥101.9bnat 2025-12-31StandaloneLiabilities
Total liabilities¥104.7bnat 2024-12-31StandaloneLiabilities
Net assets / equity¥516.2bnat 2025-12-31StandaloneNet assets
Net assets / equity¥463.5bnat 2024-12-31StandaloneNet assets
Net assets / equity¥384.7bnat 2023-12-31vStandaloneNet assets
Net assets / equity¥301.9bnat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥333.8bnat 2021-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥73.8bnat 2025-12-31StandaloneCash and deposits
Cash and deposits¥106.6bnat 2024-12-31StandaloneCash and deposits
EPS (basic)¥56.752025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥67.22024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥67.262023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥3.852022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥33.272021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥3.852022-01-01 → 2022-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥33.252021-01-01 → 2021-12-31dStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥182025-01-01 → 2025-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥442024-01-01 → 2024-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥402023-01-01 → 2023-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥382022-01-01 → 2022-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥362021-01-01 → 2021-12-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥296.7at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥263.48at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥217.25at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥169.63at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥186.48at 2021-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio83.5%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio81.6%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio78.0%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio72.9%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio70.3%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE20.3%2025-01-01 → 2025-12-31StandaloneRate of return on equity (5-year summary)
ROE27.9%2024-01-01 → 2024-12-31StandaloneRate of return on equity (5-year summary)
ROE34.8%2023-01-01 → 2023-12-31vStandaloneRate of return on equity (5-year summary)
ROE2.2%2022-01-01 → 2022-12-31vStandaloneRate of return on equity (5-year summary)
ROE18.5%2021-01-01 → 2021-12-31dStandaloneRate of return on equity (5-year summary)
Shares issued1,862,502,957at 2025-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued620,834,319at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued620,834,319at 2023-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued620,834,319at 2022-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued620,834,319at 2021-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees1,429at 2025-12-31StandaloneNumber of employees
Employees1,404at 2024-12-31StandaloneNumber of employees
Employees1,457at 2023-12-31vStandaloneNumber of employees
Employees1,433at 2022-12-31vStandaloneNumber of employees
Employees1,465at 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 · 21
SegmentItemPeriodValue
Operating Segments Not Included In Reportable Segments And Other Revenue Generating Business Activitiesother segmentsemployeesat 2025-12-31478 pure
Otherother segmentscapex2025-01-01 → 2025-12-31¥378m
Otherother segmentssegment profit2025-01-01 → 2025-12-31¥1.6bn
Personal Carereportable segmentcapex2025-01-01 → 2025-12-31¥27.9bn
Personal Carereportable segmentemployeesat 2025-12-3115361 pure
Personal Carereportable segmentsegment profit2025-01-01 → 2025-12-31¥83.2bn
Pet Carereportable segmentcapex2025-01-01 → 2025-12-31¥5.1bn
Pet Carereportable segmentemployeesat 2025-12-31565 pure
Pet Carereportable segmentsegment profit2025-01-01 → 2025-12-31¥24.1bn
—segment totalcapex2025-01-01 → 2025-12-31¥33.4bn
—segment totalsegment profit2025-01-01 → 2025-12-31¥108.9bn
Otherother segmentscapex2024-01-01 → 2024-12-31¥636m
Otherother segmentssegment profit2024-01-01 → 2024-12-31¥1.7bn
Personal Carereportable segmentcapex2024-01-01 → 2024-12-31¥33.8bn
Personal Carereportable segmentsegment profit2024-01-01 → 2024-12-31¥110.9bn
Pet Carereportable segmentcapex2024-01-01 → 2024-12-31¥10.0bn
Pet Carereportable segmentsegment profit2024-01-01 → 2024-12-31¥25.8bn
—segment totalcapex2024-01-01 → 2024-12-31¥44.5bn
—segment totalsegment profit2024-01-01 → 2024-12-31¥138.5bn
Personal Carereportable segmentemployeesat 2025-12-311191 pure
Pet Carereportable segmentemployeesat 2025-12-31100 pure

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

All source rows · 1,864
ItemContextValueUnit
Net assets (5-year summary)Prior4YearInstant_NonConsolidatedMember333849000000JPY
Net assets (5-year summary)Prior3YearInstant_NonConsolidatedMember301907000000JPY
Net assets (5-year summary)Prior2YearInstant_NonConsolidatedMember384676000000JPY
Net assets (5-year summary)Prior1YearInstant_NonConsolidatedMember463483000000JPY
Net assets (5-year summary)CurrentYearInstant_NonConsolidatedMember516243000000JPY
Total assets (5-year summary)Prior4YearInstant_NonConsolidatedMember474130000000JPY
Total assets (5-year summary)Prior3YearInstant_NonConsolidatedMember414114000000JPY
Total assets (5-year summary)Prior2YearInstant_NonConsolidatedMember493120000000JPY
Total assets (5-year summary)Prior1YearInstant_NonConsolidatedMember568175000000JPY
Total assets (5-year summary)CurrentYearInstant_NonConsolidatedMember618132000000JPY
Net assets per share (5-year summary)Prior4YearInstant_NonConsolidatedMember186.48
Net assets per share (5-year summary)Prior3YearInstant_NonConsolidatedMember169.63
Net assets per share (5-year summary)Prior2YearInstant_NonConsolidatedMember217.25
Net assets per share (5-year summary)Prior1YearInstant_NonConsolidatedMember263.48
Net assets per share (5-year summary)CurrentYearInstant_NonConsolidatedMember296.70
Dividend paid per share (5-year summary)Prior4YearDuration_NonConsolidatedMember36
Dividend paid per share (5-year summary)Prior3YearDuration_NonConsolidatedMember38
Dividend paid per share (5-year summary)Prior2YearDuration_NonConsolidatedMember40
Dividend paid per share (5-year summary)Prior1YearDuration_NonConsolidatedMember44
Dividend paid per share (5-year summary)CurrentYearDuration_NonConsolidatedMember18
Interim dividend paid per share (5-year summary)Prior4YearDuration_NonConsolidatedMember18
Interim dividend paid per share (5-year summary)Prior3YearDuration_NonConsolidatedMember19
Interim dividend paid per share (5-year summary)Prior2YearDuration_NonConsolidatedMember20
Interim dividend paid per share (5-year summary)Prior1YearDuration_NonConsolidatedMember22
Interim dividend paid per share (5-year summary)CurrentYearDuration_NonConsolidatedMember9
Basic earnings loss per share (5-year summary)Prior4YearDuration_NonConsolidatedMember33.27
Basic earnings loss per share (5-year summary)Prior3YearDuration_NonConsolidatedMember3.85
Basic earnings loss per share (5-year summary)Prior2YearDuration_NonConsolidatedMember67.26
Basic earnings loss per share (5-year summary)Prior1YearDuration_NonConsolidatedMember67.20
Basic earnings loss per share (5-year summary)CurrentYearDuration_NonConsolidatedMember56.75
Diluted earnings per share (5-year summary)Prior4YearDuration_NonConsolidatedMember33.25
Diluted earnings per share (5-year summary)Prior3YearDuration_NonConsolidatedMember3.85
Diluted earnings per share (5-year summary)Prior2YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)Prior1YearDuration_NonConsolidatedMember-
Diluted earnings per share (5-year summary)CurrentYearDuration_NonConsolidatedMember-
Equity to asset ratio (5-year summary)Prior4YearInstant_NonConsolidatedMember0.703
Equity to asset ratio (5-year summary)Prior3YearInstant_NonConsolidatedMember0.729
Equity to asset ratio (5-year summary)Prior2YearInstant_NonConsolidatedMember0.780
Equity to asset ratio (5-year summary)Prior1YearInstant_NonConsolidatedMember0.816
Equity to asset ratio (5-year summary)CurrentYearInstant_NonConsolidatedMember0.835
Rate of return on equity (5-year summary)Prior4YearDuration_NonConsolidatedMember0.185
Rate of return on equity (5-year summary)Prior3YearDuration_NonConsolidatedMember0.022
Rate of return on equity (5-year summary)Prior2YearDuration_NonConsolidatedMember0.348
Rate of return on equity (5-year summary)Prior1YearDuration_NonConsolidatedMember0.279
Rate of return on equity (5-year summary)CurrentYearDuration_NonConsolidatedMember0.203
Price earnings ratio (5-year summary)Prior4YearDuration_NonConsolidatedMember50.1
Price earnings ratio (5-year summary)Prior3YearDuration_NonConsolidatedMember438.6
Price earnings ratio (5-year summary)Prior2YearDuration_NonConsolidatedMember25.3
Price earnings ratio (5-year summary)Prior1YearDuration_NonConsolidatedMember19.4
Price earnings ratio (5-year summary)CurrentYearDuration_NonConsolidatedMember15.8

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 · 19 of 19 passed
balance sheet identityconsolidated 2024-12-31pass rounding
balance sheet identityconsolidated 2025-12-31pass
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 · 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 · 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