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
Shareholding ratioCurrentYearInstant0.8252
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithNoVotingRightsMember-
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsTreasurySharesEtcMember-
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember-
Number of voting rights issued shares voting rightsCurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember-
Number of shares issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsTreasurySharesEtcMember100000
Number of shares issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsOtherMember5303300
Number of voting rights issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesWithFullVotingRightsOtherMember53033
Number of shares issued shares voting rightsCurrentYearInstant_OrdinarySharesSharesLessThanOneUnitMember2200
Number of shares issued shares voting rightsCurrentYearInstant5405500
Number of voting rights issued shares voting rightsCurrentYearInstant53033
Number of shares held in own name treasury shares etcCurrentYearInstant100000
Number of shares held in others names treasury shares etcCurrentYearInstant-
Total number of shares held treasury shares etcCurrentYearInstant100000
Shareholding ratio treasury shares etcCurrentYearInstant0.0185
Total amount of dividends dividends of surplusFilingDateInstant_Row1Member159162000JPY
Dividend per share dividends of surplusFilingDateInstant_Row1Member30.00
Number of male directors and other officersFilingDateInstant6
Number of female directors and other officersFilingDateInstant2
Ratio of female directors and other officersFilingDateInstant0.250
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E36883-000KashimaHidetoshiMember1913100
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E36883-000KazuhikoNakamuraMember7100
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E36883-000YokogawaNaoyoshiMember1371000
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E36883-000KusunokiTakeshiMember3700
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E36883-000OkamotoYasuhikoMember25000
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E36883-000IwadareTaketoMember2200
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E36883-000TsuchiyaTamakiMember4350
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant_jpcrp030000-asr_E36883-000YamamotoAmiMember-
Number of shares held ordinary shares information about directors and corporate auditorsFilingDateInstant3326450
Number of male directors and other officers proposalFilingDateInstant6
Number of female directors and other officers proposalFilingDateInstant2
Ratio of female directors and other officers proposalFilingDateInstant0.250
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E36883-000KashimaHidetoshiMember1913100
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E36883-000KazuhikoNakamuraMember7100
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E36883-000YokogawaNaoyoshiMember1371000
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E36883-000KusunokiTakeshiMember3700
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E36883-000OkamotoYasuhikoMember25000
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E36883-000IwadareTaketoMember2200
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E36883-000TsuchiyaTamakiMember4350
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant_jpcrp030000-asr_E36883-000YamamotoAmiMember-
Number of shares held ordinary shares information about directors and corporate auditors proposalFilingDateInstant3326450
Audit fees reporting companyPrior1YearDuration28000000JPY
Non audit fees reporting companyPrior1YearDuration-JPY
Audit fees reporting companyCurrentYearDuration28000000JPY
Non audit fees reporting companyCurrentYearDuration-JPY
Total amount of remuneration etc remuneration etc by category of directors and other officersCurrentYearDuration_DirectorsExcludingOutsideDirectorsMember109407000JPY
Fixed remuneration remuneration by category of directors and other officersCurrentYearDuration_DirectorsExcludingOutsideDirectorsMember109407000JPY
Performance based remuneration remuneration by category of directors and other officersCurrentYearDuration_DirectorsExcludingOutsideDirectorsMember-JPY
Retirement benefits remuneration etc by category of directors and other officersCurrentYearDuration_DirectorsExcludingOutsideDirectorsMember-JPY
Number of directors and other officers remuneration etc by category of directors and other officersCurrentYearDuration_DirectorsExcludingOutsideDirectorsMember4

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