Annual report

Period2025-01-01 → 2025-12-31
Filed2026-06-12
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed

Amends S100XS3W.

Key figures · 155
MetricValuePeriodScopeSource row
Revenue¥4.4bn2025-01-01 → 2025-12-31Cons.Net sales
Revenue¥3.6bn2024-01-01 → 2024-12-31Cons.Net sales
Revenue¥2.9bn2023-01-01 → 2023-12-31vCons.Net sales (5-year summary)
Revenue¥2.6bn2022-01-01 → 2022-12-31vCons.Net sales (5-year summary)
Revenue¥2.4bn2021-01-01 → 2021-12-31dCons.Net sales (5-year summary)
Operating income¥760m2025-01-01 → 2025-12-31Cons.Operating income
Operating income¥455m2024-01-01 → 2024-12-31Cons.Operating income
Ordinary income¥765m2025-01-01 → 2025-12-31Cons.Ordinary income
Ordinary income¥474m2024-01-01 → 2024-12-31Cons.Ordinary income
Ordinary income¥179m2023-01-01 → 2023-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥78m2022-01-01 → 2022-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥346m2021-01-01 → 2021-12-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥765m2025-01-01 → 2025-12-31Cons.Income before income taxes
Profit before tax¥474m2024-01-01 → 2024-12-31Cons.Income before income taxes
Net income (owners)¥532m2025-01-01 → 2025-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥339m2024-01-01 → 2024-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥104m2023-01-01 → 2023-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥51m2022-01-01 → 2022-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥239m2021-01-01 → 2021-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥532m2025-01-01 → 2025-12-31Cons.Profit loss
Net income¥339m2024-01-01 → 2024-12-31Cons.Profit loss
Total assets¥7.5bnat 2025-12-31Cons.Assets
Total assets¥5.8bnat 2024-12-31Cons.Assets
Total assets¥4.4bnat 2023-12-31vCons.Total assets (5-year summary)
Total assets¥3.5bnat 2022-12-31vCons.Total assets (5-year summary)
Total assets¥3.1bnat 2021-12-31dCons.Total assets (5-year summary)
Total liabilities¥4.8bnat 2025-12-31Cons.Liabilities
Total liabilities¥3.6bnat 2024-12-31Cons.Liabilities
Net assets / equity¥2.7bnat 2025-12-31Cons.Net assets
Net assets / equity¥2.3bnat 2024-12-31Cons.Net assets
Net assets / equity¥1.9bnat 2023-12-31vCons.Net assets
Net assets / equity¥1.9bnat 2022-12-31vCons.Net assets (5-year summary)
Net assets / equity¥1.8bnat 2021-12-31dCons.Net assets (5-year summary)
Cash and deposits¥2.3bnat 2025-12-31Cons.Cash and deposits
Cash and deposits¥1.9bnat 2024-12-31Cons.Cash and deposits
Cash & equivalents¥2.3bnat 2025-12-31Cons.Cash and cash equivalents
Cash & equivalents¥1.9bnat 2024-12-31Cons.Cash and cash equivalents
Cash & equivalents¥1.5bnat 2023-12-31vCons.Cash and cash equivalents
Cash & equivalents¥1.5bnat 2022-12-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥1.8bnat 2021-12-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥964m2025-01-01 → 2025-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥828m2024-01-01 → 2024-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥497m2023-01-01 → 2023-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥11m2022-01-01 → 2022-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥331m2021-01-01 → 2021-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥480m2025-01-01 → 2025-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥457m2024-01-01 → 2024-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥321m2023-01-01 → 2023-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥317m2022-01-01 → 2022-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥126m2021-01-01 → 2021-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥117m2025-01-01 → 2025-12-31Cons.Net cash provided by used in financing activities
Financing cash flow¥17m2024-01-01 → 2024-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥103m2023-01-01 → 2023-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥6m2022-01-01 → 2022-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥667m2021-01-01 → 2021-12-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥100.962025-01-01 → 2025-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥64.772024-01-01 → 2024-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥19.852023-01-01 → 2023-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥9.572022-01-01 → 2022-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥48.662021-01-01 → 2021-12-31dCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥90.812025-01-01 → 2025-12-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥59.142024-01-01 → 2024-12-31Cons.Diluted earnings per share (5-year summary)
EPS (diluted)¥18.442023-01-01 → 2023-12-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥8.742022-01-01 → 2022-12-31vCons.Diluted earnings per share (5-year summary)
EPS (diluted)¥43.032021-01-01 → 2021-12-31dCons.Diluted earnings per share (5-year summary)
Net assets per share¥498.75at 2025-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥428.1at 2024-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥362.72at 2023-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥355.84at 2022-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥346.31at 2021-12-31dCons.Net assets per share (5-year summary)
Equity ratio35.3%at 2025-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio38.6%at 2024-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio43.1%at 2023-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio54.7%at 2022-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio60.1%at 2021-12-31dCons.Equity to asset ratio (5-year summary)
ROE21.7%2025-01-01 → 2025-12-31Cons.Rate of return on equity (5-year summary)
ROE16.4%2024-01-01 → 2024-12-31Cons.Rate of return on equity (5-year summary)
ROE5.5%2023-01-01 → 2023-12-31vCons.Rate of return on equity (5-year summary)
ROE2.7%2022-01-01 → 2022-12-31vCons.Rate of return on equity (5-year summary)
ROE17.3%2021-01-01 → 2021-12-31dCons.Rate of return on equity (5-year summary)
Employees147at 2025-12-31Cons.Number of employees
Employees153at 2024-12-31Cons.Number of employees
Employees141at 2023-12-31vCons.Number of employees
Employees135at 2022-12-31vCons.Number of employees
Employees107at 2021-12-31dCons.Number of employees
Revenue¥4.2bn2025-01-01 → 2025-12-31StandaloneNet sales
Revenue¥3.5bn2024-01-01 → 2024-12-31StandaloneNet sales
Revenue¥2.9bn2023-01-01 → 2023-12-31vStandaloneNet sales (5-year summary)
Revenue¥2.6bn2022-01-01 → 2022-12-31vStandaloneNet sales (5-year summary)
Revenue¥2.4bn2021-01-01 → 2021-12-31dStandaloneNet sales (5-year summary)
Operating income¥631m2025-01-01 → 2025-12-31StandaloneOperating income
Operating income¥363m2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income¥734m2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income¥441m2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income¥174m2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥72m2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥303m2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥734m2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax¥441m2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income¥504m2025-01-01 → 2025-12-31StandaloneProfit loss
Net income¥317m2024-01-01 → 2024-12-31StandaloneProfit loss
Net income¥101m2023-01-01 → 2023-12-31vStandaloneNet income loss (5-year summary)
Net income¥46m2022-01-01 → 2022-12-31vStandaloneNet income loss (5-year summary)
Net income¥207m2021-01-01 → 2021-12-31dStandaloneNet income loss (5-year summary)
Total assets¥3.8bnat 2025-12-31StandaloneAssets
Total assets¥3.2bnat 2024-12-31StandaloneAssets
Total assets¥2.5bnat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥2.4bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥2.4bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥1.2bnat 2025-12-31StandaloneLiabilities
Total liabilities¥1.0bnat 2024-12-31StandaloneLiabilities
Net assets / equity¥2.6bnat 2025-12-31StandaloneNet assets
Net assets / equity¥2.2bnat 2024-12-31StandaloneNet assets
Net assets / equity¥1.9bnat 2023-12-31vStandaloneNet assets
Net assets / equity¥1.9bnat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥1.8bnat 2021-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥1.7bnat 2025-12-31StandaloneCash and deposits
Cash and deposits¥1.3bnat 2024-12-31StandaloneCash and deposits
EPS (basic)¥95.772025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥60.592024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥19.22023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥8.742022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥42.082021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥86.152025-01-01 → 2025-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥55.322024-01-01 → 2024-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥17.842023-01-01 → 2023-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥7.992022-01-01 → 2022-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥37.222021-01-01 → 2021-12-31dStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥302025-01-01 → 2025-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥302024-01-01 → 2024-12-31StandaloneDividend paid per share (5-year summary)
Net assets per share¥487.12at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥418.26at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥357.02at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥350.88at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥342.16at 2021-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio67.5%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio68.1%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio73.3%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio77.5%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio74.0%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE21.1%2025-01-01 → 2025-12-31StandaloneRate of return on equity (5-year summary)
ROE15.6%2024-01-01 → 2024-12-31StandaloneRate of return on equity (5-year summary)
ROE5.4%2023-01-01 → 2023-12-31vStandaloneRate of return on equity (5-year summary)
ROE2.5%2022-01-01 → 2022-12-31vStandaloneRate of return on equity (5-year summary)
ROE15.0%2021-01-01 → 2021-12-31dStandaloneRate of return on equity (5-year summary)
Shares issued5,405,500at 2025-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued5,354,350at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued5,320,550at 2023-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued5,315,950at 2022-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued5,298,900at 2021-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees140at 2025-12-31StandaloneNumber of employees
Employees152at 2024-12-31StandaloneNumber of employees
Employees140at 2023-12-31vStandaloneNumber of employees
Employees134at 2022-12-31vStandaloneNumber of employees
Employees106at 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 · 1,423
ItemContextValueUnit
Business consignment expenses sgaCurrentYearDuration429057000JPY
Provision for shareholder benefit program sgaPrior1YearDuration8110000JPY
Provision for shareholder benefit program sgaCurrentYearDuration12010000JPY
Provision of allowance for doubtful accounts sgaPrior1YearDuration582000JPY
Provision of allowance for doubtful accounts sgaCurrentYearDuration713000JPY
Research and development expenses included in general and administrative expenses and manufacturing cost for current periodPrior1YearDuration19824000JPY
Research and development expenses included in general and administrative expenses and manufacturing cost for current periodCurrentYearDuration6434000JPY
Cash and depositsPrior1YearInstant_NonConsolidatedMember1344824000JPY
Cash and depositsCurrentYearInstant_NonConsolidatedMember1746629000JPY
Accounts receivable tradePrior1YearInstant_NonConsolidatedMember446355000JPY
Accounts receivable tradeCurrentYearInstant_NonConsolidatedMember521707000JPY
Prepaid expensesPrior1YearInstant_NonConsolidatedMember51799000JPY
Prepaid expensesCurrentYearInstant_NonConsolidatedMember54141000JPY
Short term loans receivable to subsidiaries and affiliatesPrior1YearInstant_NonConsolidatedMember500000000JPY
Short term loans receivable to subsidiaries and affiliatesCurrentYearInstant_NonConsolidatedMember504150000JPY
Accounts receivable otherPrior1YearInstant_NonConsolidatedMember268108000JPY
Accounts receivable otherCurrentYearInstant_NonConsolidatedMember302451000JPY
Advance payments tradePrior1YearInstant_NonConsolidatedMember-JPY
Advance payments tradeCurrentYearInstant_NonConsolidatedMember58920000JPY
Other caPrior1YearInstant_NonConsolidatedMember16097000JPY
Other caCurrentYearInstant_NonConsolidatedMember13983000JPY
Allowance for doubtful accounts caPrior1YearInstant_NonConsolidatedMember-100000JPY
Allowance for doubtful accounts caCurrentYearInstant_NonConsolidatedMember-515000JPY
Current assetsPrior1YearInstant_NonConsolidatedMember2627085000JPY
Current assetsCurrentYearInstant_NonConsolidatedMember3201467000JPY
Buildings and accompanying facilitiesPrior1YearInstant_NonConsolidatedMember42719000JPY
Buildings and accompanying facilitiesCurrentYearInstant_NonConsolidatedMember46209000JPY
Accumulated depreciation buildings and accompanying facilitiesPrior1YearInstant_NonConsolidatedMember-35407000JPY
Accumulated depreciation buildings and accompanying facilitiesCurrentYearInstant_NonConsolidatedMember-37800000JPY
Buildings and accompanying facilities netPrior1YearInstant_NonConsolidatedMember7312000JPY
Buildings and accompanying facilities netCurrentYearInstant_NonConsolidatedMember8409000JPY
VehiclesPrior1YearInstant_NonConsolidatedMember14909000JPY
VehiclesCurrentYearInstant_NonConsolidatedMember14909000JPY
Accumulated depreciation vehiclesPrior1YearInstant_NonConsolidatedMember-818000JPY
Accumulated depreciation vehiclesCurrentYearInstant_NonConsolidatedMember-5510000JPY
Vehicles netPrior1YearInstant_NonConsolidatedMember14090000JPY
Vehicles netCurrentYearInstant_NonConsolidatedMember9398000JPY
Furniture and fixtures ppePrior1YearInstant_NonConsolidatedMember20873000JPY
Furniture and fixtures ppeCurrentYearInstant_NonConsolidatedMember33463000JPY
Accumulated depreciation furniture and fixtures ppePrior1YearInstant_NonConsolidatedMember-11512000JPY
Accumulated depreciation furniture and fixtures ppeCurrentYearInstant_NonConsolidatedMember-16638000JPY
Furniture and fixtures net furniture and fixtures ppePrior1YearInstant_NonConsolidatedMember9360000JPY
Furniture and fixtures net furniture and fixtures ppeCurrentYearInstant_NonConsolidatedMember16824000JPY
Property plant and equipmentPrior1YearInstant_NonConsolidatedMember30763000JPY
Property plant and equipmentCurrentYearInstant_NonConsolidatedMember34632000JPY
SoftwarePrior1YearInstant_NonConsolidatedMember172246000JPY
SoftwareCurrentYearInstant_NonConsolidatedMember229847000JPY
Software in progressPrior1YearInstant_NonConsolidatedMember65556000JPY
Software in progressCurrentYearInstant_NonConsolidatedMember32942000JPY
Other iaPrior1YearInstant_NonConsolidatedMember450000JPY

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