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
Number of directors and other officers remuneration etc by category of directors and other officersCurrentYearDuration_CorporateAuditorsExcludingOutsideCorporateAuditorsMember1
Total amount of remuneration etc remuneration etc by category of directors and other officersCurrentYearDuration_OutsideDirectorsAndOtherOfficersMember73000000JPY
Base remuneration remuneration etc by category of directors and other officersCurrentYearDuration_OutsideDirectorsAndOtherOfficersMember60000000JPY
Bonus remuneration etc by category of directors and other officersCurrentYearDuration_OutsideDirectorsAndOtherOfficersMember12000000JPY
Restricted share awards remuneration etc by category of directors and other officersCurrentYearDuration_OutsideDirectorsAndOtherOfficersMember-JPY
Other remuneration etc by category of directors and other officersCurrentYearDuration_OutsideDirectorsAndOtherOfficersMember-JPY
Non monetary remuneration remuneration by category of directors and other officersCurrentYearDuration_OutsideDirectorsAndOtherOfficersMember-JPY
Number of directors and other officers remuneration etc by category of directors and other officersCurrentYearDuration_OutsideDirectorsAndOtherOfficersMember6
Number of issues shares not listed investment shares held for purposes other than pure investment reporting companyCurrentYearInstant19
Carrying amount shares not listed investment shares held for purposes other than pure investment reporting companyCurrentYearInstant23000000JPY
Number of issues shares other than those not listed investment shares held for purposes other than pure investment reporting companyCurrentYearInstant3
Carrying amount shares other than those not listed investment shares held for purposes other than pure investment reporting companyCurrentYearInstant1419000000JPY
Number of issues whose number of shares increased shares not listed investment shares held for purposes other than pure investment reporting companyCurrentYearDuration-
Total acquisition cost for increased shares shares not listed investment shares held for purposes other than pure investment reporting companyCurrentYearDuration-JPY
Number of issues whose number of shares increased shares other than those not listed investment shares held for purposes other than pure investment reporting companyCurrentYearDuration-
Total acquisition cost for increased shares shares other than those not listed investment shares held for purposes other than pure investment reporting companyCurrentYearDuration-JPY
Number of issues whose number of shares decreased shares not listed investment shares held for purposes other than pure investment reporting companyCurrentYearDuration2
Total sale amount for decreased shares shares not listed investment shares held for purposes other than pure investment reporting companyCurrentYearDuration124000000JPY
Number of issues whose number of shares decreased shares other than those not listed investment shares held for purposes other than pure investment reporting companyCurrentYearDuration-
Total sale amount for decreased shares shares other than those not listed investment shares held for purposes other than pure investment reporting companyCurrentYearDuration-JPY
Number of shares held details of specified investment equity securities held for purposes other than pure investment reporting companyCurrentYearInstant_Row1Member403500
Number of shares held details of specified investment equity securities held for purposes other than pure investment reporting companyPrior1YearInstant_Row1Member403500
Book value details of specified investment equity securities held for purposes other than pure investment reporting companyCurrentYearInstant_Row1Member671000000JPY
Book value details of specified investment equity securities held for purposes other than pure investment reporting companyPrior1YearInstant_Row1Member317000000JPY
Number of shares held details of specified investment equity securities held for purposes other than pure investment reporting companyCurrentYearInstant_Row2Member200000
Number of shares held details of specified investment equity securities held for purposes other than pure investment reporting companyPrior1YearInstant_Row2Member200000
Book value details of specified investment equity securities held for purposes other than pure investment reporting companyCurrentYearInstant_Row2Member676000000JPY
Book value details of specified investment equity securities held for purposes other than pure investment reporting companyPrior1YearInstant_Row2Member698000000JPY
Number of shares held details of specified investment equity securities held for purposes other than pure investment reporting companyCurrentYearInstant_Row3Member84900
Number of shares held details of specified investment equity securities held for purposes other than pure investment reporting companyPrior1YearInstant_Row3Member84900
Book value details of specified investment equity securities held for purposes other than pure investment reporting companyCurrentYearInstant_Row3Member71000000JPY
Book value details of specified investment equity securities held for purposes other than pure investment reporting companyPrior1YearInstant_Row3Member73000000JPY
Cash and depositsPrior1YearInstant13082000000JPY
Cash and depositsCurrentYearInstant14099000000JPY
Accounts receivable tradePrior1YearInstant484000000JPY
Accounts receivable tradeCurrentYearInstant798000000JPY
Real estate for salePrior1YearInstant1192000000JPY
Real estate for saleCurrentYearInstant4163000000JPY
Other inventoriesPrior1YearInstant22000000JPY
Other inventoriesCurrentYearInstant6000000JPY
Other caPrior1YearInstant641000000JPY
Other caCurrentYearInstant502000000JPY
Allowance for doubtful accounts caPrior1YearInstant-8000000JPY
Allowance for doubtful accounts caCurrentYearInstant-2000000JPY
Current assetsPrior1YearInstant15415000000JPY
Current assetsCurrentYearInstant19568000000JPY
Buildings and structuresPrior1YearInstant376000000JPY
Buildings and structuresCurrentYearInstant403000000JPY
Accumulated depreciation buildings and structuresPrior1YearInstant-130000000JPY
Accumulated depreciation buildings and structuresCurrentYearInstant-145000000JPY

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