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
Cash and cash equivalents (5-year summary)Prior4YearInstant10862000000JPY
Cash and cash equivalents (5-year summary)Prior3YearInstant12801000000JPY
Cash and cash equivalents (5-year summary)Prior2YearInstant14693000000JPY
Cash and cash equivalents (5-year summary)Prior1YearInstant12934000000JPY
Cash and cash equivalents (5-year summary)CurrentYearInstant13849000000JPY
Number of employeesPrior4YearInstant259
Number of employeesPrior3YearInstant290
Number of employeesPrior2YearInstant298
Number of employeesPrior1YearInstant368
Number of employeesCurrentYearInstant398
Net sales (5-year summary)Prior4YearDuration_NonConsolidatedMember21697000000JPY
Net sales (5-year summary)Prior3YearDuration_NonConsolidatedMember33811000000JPY
Net sales (5-year summary)Prior2YearDuration_NonConsolidatedMember33658000000JPY
Net sales (5-year summary)Prior1YearDuration_NonConsolidatedMember42859000000JPY
Net sales (5-year summary)CurrentYearDuration_NonConsolidatedMember36411000000JPY
Ordinary income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember1568000000JPY
Ordinary income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember2104000000JPY
Ordinary income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember2605000000JPY
Ordinary income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember2954000000JPY
Ordinary income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember2465000000JPY
Net income loss (5-year summary)Prior4YearDuration_NonConsolidatedMember1436000000JPY
Net income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember1458000000JPY
Net income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember1665000000JPY
Net income loss (5-year summary)Prior1YearDuration_NonConsolidatedMember2164000000JPY
Net income loss (5-year summary)CurrentYearDuration_NonConsolidatedMember2055000000JPY
Capital stock (5-year summary)Prior4YearInstant_NonConsolidatedMember1167000000JPY
Capital stock (5-year summary)Prior3YearInstant_NonConsolidatedMember1210000000JPY
Capital stock (5-year summary)Prior2YearInstant_NonConsolidatedMember1210000000JPY
Capital stock (5-year summary)Prior1YearInstant_NonConsolidatedMember1259000000JPY
Capital stock (5-year summary)CurrentYearInstant_NonConsolidatedMember1271000000JPY
Total number of issued shares (5-year summary)Prior4YearInstant_NonConsolidatedMember24362800
Total number of issued shares (5-year summary)Prior3YearInstant_NonConsolidatedMember24520859
Total number of issued shares (5-year summary)Prior2YearInstant_NonConsolidatedMember24520859
Total number of issued shares (5-year summary)Prior1YearInstant_NonConsolidatedMember25103459
Total number of issued shares (5-year summary)CurrentYearInstant_NonConsolidatedMember25123859
Net assets (5-year summary)Prior4YearInstant_NonConsolidatedMember6647000000JPY
Net assets (5-year summary)Prior3YearInstant_NonConsolidatedMember7510000000JPY
Net assets (5-year summary)Prior2YearInstant_NonConsolidatedMember8451000000JPY
Net assets (5-year summary)Prior1YearInstant_NonConsolidatedMember8455000000JPY
Net assets (5-year summary)CurrentYearInstant_NonConsolidatedMember9645000000JPY
Total assets (5-year summary)Prior4YearInstant_NonConsolidatedMember14806000000JPY
Total assets (5-year summary)Prior3YearInstant_NonConsolidatedMember18364000000JPY
Total assets (5-year summary)Prior2YearInstant_NonConsolidatedMember18803000000JPY
Total assets (5-year summary)Prior1YearInstant_NonConsolidatedMember16227000000JPY
Total assets (5-year summary)CurrentYearInstant_NonConsolidatedMember17774000000JPY
Net assets per share (5-year summary)Prior4YearInstant_NonConsolidatedMember274.86
Net assets per share (5-year summary)Prior3YearInstant_NonConsolidatedMember307.81
Net assets per share (5-year summary)Prior2YearInstant_NonConsolidatedMember345.37
Net assets per share (5-year summary)Prior1YearInstant_NonConsolidatedMember351.95
Net assets per share (5-year summary)CurrentYearInstant_NonConsolidatedMember401.34

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