Annual report

Period2025-01-01 → 2025-12-31
Filed2026-03-24
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 158
MetricValuePeriodScopeSource row
Revenue¥41.8bn2025-01-01 → 2025-12-31Cons.Net sales
Revenue¥45.6bn2024-01-01 → 2024-12-31Cons.Net sales
Revenue¥36.1bn2023-01-01 → 2023-12-31vCons.Net sales (5-year summary)
Revenue¥36.0bn2022-01-01 → 2022-12-31vCons.Net sales (5-year summary)
Revenue¥24.2bn2021-01-01 → 2021-12-31dCons.Net sales (5-year summary)
Operating income¥3.9bn2025-01-01 → 2025-12-31Cons.Operating income
Operating income¥3.5bn2024-01-01 → 2024-12-31Cons.Operating income
Ordinary income¥3.8bn2025-01-01 → 2025-12-31Cons.Ordinary income
Ordinary income¥3.5bn2024-01-01 → 2024-12-31Cons.Ordinary income
Ordinary income¥3.4bn2023-01-01 → 2023-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥2.5bn2022-01-01 → 2022-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥1.8bn2021-01-01 → 2021-12-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥3.8bn2025-01-01 → 2025-12-31Cons.Income before income taxes
Profit before tax¥3.4bn2024-01-01 → 2024-12-31Cons.Income before income taxes
Net income (owners)¥2.8bn2025-01-01 → 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)¥2.1bn2023-01-01 → 2023-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥1.7bn2022-01-01 → 2022-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥1.5bn2021-01-01 → 2021-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥2.8bn2025-01-01 → 2025-12-31Cons.Profit loss
Net income¥2.4bn2024-01-01 → 2024-12-31Cons.Profit loss
Total assets¥26.3bnat 2025-12-31Cons.Assets
Total assets¥23.3bnat 2024-12-31Cons.Assets
Total assets¥23.5bnat 2023-12-31vCons.Total assets (5-year summary)
Total assets¥21.8bnat 2022-12-31vCons.Total assets (5-year summary)
Total assets¥17.4bnat 2021-12-31dCons.Total assets (5-year summary)
Total liabilities¥14.6bnat 2025-12-31Cons.Liabilities
Total liabilities¥13.5bnat 2024-12-31Cons.Liabilities
Net assets / equity¥11.7bnat 2025-12-31Cons.Net assets
Net assets / equity¥9.8bnat 2024-12-31Cons.Net assets
Net assets / equity¥9.6bnat 2023-12-31vCons.Net assets
Net assets / equity¥8.3bnat 2022-12-31vCons.Net assets (5-year summary)
Net assets / equity¥7.1bnat 2021-12-31dCons.Net assets (5-year summary)
Cash and deposits¥14.1bnat 2025-12-31Cons.Cash and deposits
Cash and deposits¥13.1bnat 2024-12-31Cons.Cash and deposits
Cash & equivalents¥13.8bnat 2025-12-31Cons.Cash and cash equivalents
Cash & equivalents¥12.9bnat 2024-12-31Cons.Cash and cash equivalents
Cash & equivalents¥14.7bnat 2023-12-31vCons.Cash and cash equivalents
Cash & equivalents¥12.8bnat 2022-12-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥10.9bnat 2021-12-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥903m2025-01-01 → 2025-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥6.7bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥2.5bn2023-01-01 → 2023-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥2.2bn2022-01-01 → 2022-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥2.4bn2021-01-01 → 2021-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow¥901m2025-01-01 → 2025-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥2.7bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in investment activities
Investing cash flow¥212m2023-01-01 → 2023-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥1.3bn2022-01-01 → 2022-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥631m2021-01-01 → 2021-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥888m2025-01-01 → 2025-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥5.8bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥858m2023-01-01 → 2023-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥882m2022-01-01 → 2022-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥374m2021-01-01 → 2021-12-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥114.782025-01-01 → 2025-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥100.032024-01-01 → 2024-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥84.812023-01-01 → 2023-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥69.822022-01-01 → 2022-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥61.222021-01-01 → 2021-12-31dCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥114.562025-01-01 → 2025-12-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥99.842024-01-01 → 2024-12-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥84.742023-01-01 → 2023-12-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥69.752022-01-01 → 2022-12-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥60.912021-01-01 → 2021-12-31dCons.Diluted earnings per share (5-year summary)
Net assets per share¥486.24at 2025-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥408.17at 2024-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥390.42at 2023-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥340.13at 2022-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥294.61at 2021-12-31dCons.Net assets per share (5-year summary)
Equity ratio44.4%at 2025-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio42.0%at 2024-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio40.4%at 2023-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio38.0%at 2022-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio40.8%at 2021-12-31dCons.Equity to asset ratio (5-year summary)
ROE25.7%2025-01-01 → 2025-12-31Cons.Rate of return on equity (5-year summary)
ROE25.2%2024-01-01 → 2024-12-31Cons.Rate of return on equity (5-year summary)
ROE23.2%2023-01-01 → 2023-12-31vCons.Rate of return on equity (5-year summary)
ROE22.0%2022-01-01 → 2022-12-31vCons.Rate of return on equity (5-year summary)
ROE22.0%2021-01-01 → 2021-12-31dCons.Rate of return on equity (5-year summary)
Employees398at 2025-12-31Cons.Number of employees
Employees368at 2024-12-31Cons.Number of employees
Employees298at 2023-12-31vCons.Number of employees
Employees290at 2022-12-31vCons.Number of employees
Employees259at 2021-12-31dCons.Number of employees
Revenue¥36.4bn2025-01-01 → 2025-12-31StandaloneNet sales
Revenue¥42.9bn2024-01-01 → 2024-12-31StandaloneNet sales
Revenue¥33.7bn2023-01-01 → 2023-12-31vStandaloneNet sales (5-year summary)
Revenue¥33.8bn2022-01-01 → 2022-12-31vStandaloneNet sales (5-year summary)
Revenue¥21.7bn2021-01-01 → 2021-12-31dStandaloneNet sales (5-year summary)
Operating income¥2.4bn2025-01-01 → 2025-12-31StandaloneOperating income
Operating income¥2.8bn2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income¥2.5bn2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income¥3.0bn2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income¥2.6bn2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥2.1bn2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.6bn2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥2.5bn2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax¥2.9bn2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income¥2.1bn2025-01-01 → 2025-12-31StandaloneProfit loss
Net income¥2.2bn2024-01-01 → 2024-12-31StandaloneProfit loss
Net income¥1.7bn2023-01-01 → 2023-12-31vStandaloneNet income loss (5-year summary)
Net income¥1.5bn2022-01-01 → 2022-12-31vStandaloneNet income loss (5-year summary)
Net income¥1.4bn2021-01-01 → 2021-12-31dStandaloneNet income loss (5-year summary)
Total assets¥17.8bnat 2025-12-31StandaloneAssets
Total assets¥16.2bnat 2024-12-31StandaloneAssets
Total assets¥18.8bnat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥18.4bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥14.8bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥8.1bnat 2025-12-31StandaloneLiabilities
Total liabilities¥7.8bnat 2024-12-31StandaloneLiabilities
Net assets / equity¥9.6bnat 2025-12-31StandaloneNet assets
Net assets / equity¥8.5bnat 2024-12-31StandaloneNet assets
Net assets / equity¥8.5bnat 2023-12-31vStandaloneNet assets
Net assets / equity¥7.5bnat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥6.6bnat 2021-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥6.0bnat 2025-12-31StandaloneCash and deposits
Cash and deposits¥6.8bnat 2024-12-31StandaloneCash and deposits
EPS (basic)¥85.772025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥89.142024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥68.462023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥60.112022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥59.362021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥85.612025-01-01 → 2025-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥88.972024-01-01 → 2024-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥68.42023-01-01 → 2023-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥60.052022-01-01 → 2022-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥59.062021-01-01 → 2021-12-31dStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥532025-01-01 → 2025-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥462024-01-01 → 2024-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥412023-01-01 → 2023-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥352022-01-01 → 2022-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥392021-01-01 → 2021-12-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥401.34at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥351.95at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥345.37at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥307.81at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥274.86at 2021-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio54.1%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio51.9%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio44.7%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio40.7%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio44.8%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE22.8%2025-01-01 → 2025-12-31StandaloneRate of return on equity (5-year summary)
ROE25.7%2024-01-01 → 2024-12-31StandaloneRate of return on equity (5-year summary)
ROE22.1%2023-01-01 → 2023-12-31vStandaloneRate of return on equity (5-year summary)
ROE20.7%2022-01-01 → 2022-12-31vStandaloneRate of return on equity (5-year summary)
ROE22.7%2021-01-01 → 2021-12-31dStandaloneRate of return on equity (5-year summary)
Shares issued25,123,859at 2025-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued25,103,459at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued24,520,859at 2023-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued24,520,859at 2022-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued24,362,800at 2021-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees268at 2025-12-31StandaloneNumber of employees
Employees241at 2024-12-31StandaloneNumber of employees
Employees224at 2023-12-31vStandaloneNumber of employees
Employees219at 2022-12-31vStandaloneNumber of employees
Employees191at 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 · 1,501
ItemContextValueUnit
Increase decrease in allowance for doubtful accounts ope cfCurrentYearDuration-5000000JPY
Interest and dividends income ope cfPrior1YearDuration-25000000JPY
Interest and dividends income ope cfCurrentYearDuration-44000000JPY
Interest expenses ope cfPrior1YearDuration77000000JPY
Interest expenses ope cfCurrentYearDuration138000000JPY
Loss gain on valuation of investment securities ope cfPrior1YearDuration75000000JPY
Loss gain on valuation of investment securities ope cfCurrentYearDuration-JPY
Loss gain on sales of investment securities ope cfPrior1YearDuration-JPY
Loss gain on sales of investment securities ope cfCurrentYearDuration-24000000JPY
Loss gain on investments in silent partnership ope cfPrior1YearDuration-16000000JPY
Loss gain on investments in silent partnership ope cfCurrentYearDuration-20000000JPY
Loss on retirement of noncurrent assets ope cfPrior1YearDuration0JPY
Loss on retirement of noncurrent assets ope cfCurrentYearDuration13000000JPY
Impairment loss ope cfPrior1YearDuration-JPY
Impairment loss ope cfCurrentYearDuration9000000JPY
Decrease increase in notes and accounts receivable trade ope cfPrior1YearDuration513000000JPY
Decrease increase in notes and accounts receivable trade ope cfCurrentYearDuration-308000000JPY
Decrease increase in inventories ope cfPrior1YearDuration3249000000JPY
Decrease increase in inventories ope cfCurrentYearDuration-2967000000JPY
Decrease increase in accounts receivable other ope cfPrior1YearDuration-4000000JPY
Decrease increase in accounts receivable other ope cfCurrentYearDuration-30000000JPY
Decrease increase in advance payments ope cfPrior1YearDuration-280000000JPY
Decrease increase in advance payments ope cfCurrentYearDuration319000000JPY
Decrease increase in advances paid ope cfPrior1YearDuration6000000JPY
Decrease increase in advances paid ope cfCurrentYearDuration-3000000JPY
Increase decrease in notes and accounts payable trade ope cfPrior1YearDuration-27000000JPY
Increase decrease in notes and accounts payable trade ope cfCurrentYearDuration-82000000JPY
Increase decrease in advances received ope cfPrior1YearDuration-44000000JPY
Increase decrease in advances received ope cfCurrentYearDuration-31000000JPY
Increase decrease in accounts payable other ope cfPrior1YearDuration296000000JPY
Increase decrease in accounts payable other ope cfCurrentYearDuration517000000JPY
Increase decrease in accrued consumption taxes ope cfPrior1YearDuration186000000JPY
Increase decrease in accrued consumption taxes ope cfCurrentYearDuration-391000000JPY
Increase decrease in deposits received ope cfPrior1YearDuration87000000JPY
Increase decrease in deposits received ope cfCurrentYearDuration123000000JPY
Increase decrease in long term accounts payable other ope cfPrior1YearDuration-2000000JPY
Increase decrease in long term accounts payable other ope cfCurrentYearDuration-1000000JPY
Increase decrease in lease and guarantee deposits received ope cfPrior1YearDuration437000000JPY
Increase decrease in lease and guarantee deposits received ope cfCurrentYearDuration734000000JPY
Other net ope cfPrior1YearDuration-53000000JPY
Other net ope cfCurrentYearDuration-62000000JPY
Subtotal ope cfPrior1YearDuration8107000000JPY
Subtotal ope cfCurrentYearDuration2133000000JPY
Interest and dividends income received ope cf inv cfPrior1YearDuration25000000JPY
Interest and dividends income received ope cf inv cfCurrentYearDuration44000000JPY
Interest expenses paid ope cf fin cfPrior1YearDuration-68000000JPY
Interest expenses paid ope cf fin cfCurrentYearDuration-127000000JPY
Income taxes paid refund ope cfPrior1YearDuration-1402000000JPY
Income taxes paid refund ope cfCurrentYearDuration-1145000000JPY
Net cash provided by used in operating activitiesPrior1YearDuration6662000000JPY

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
balance sheet identitynon_consolidated 2024-12-31pass
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