Annual report

Period2024-10-01 → 2025-09-30
Filed2025-12-23
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 122
MetricValuePeriodScopeSource row
Revenue¥46.0bn2024-10-01 → 2025-09-30Cons.Net sales
Revenue¥39.8bn2023-10-01 → 2024-09-30Cons.Net sales
Revenue¥39.8bn2022-10-01 → 2023-09-30vCons.Net sales (5-year summary)
Revenue¥37.6bn2021-10-01 → 2022-09-30vCons.Net sales (5-year summary)
Operating income¥2.7bn2024-10-01 → 2025-09-30Cons.Operating income
Operating income¥1.8bn2023-10-01 → 2024-09-30Cons.Operating income
Ordinary income¥2.7bn2024-10-01 → 2025-09-30Cons.Ordinary income
Ordinary income¥1.8bn2023-10-01 → 2024-09-30Cons.Ordinary income
Ordinary income¥3.2bn2022-10-01 → 2023-09-30vCons.Ordinary income loss (5-year summary)
Ordinary income¥3.9bn2021-10-01 → 2022-09-30vCons.Ordinary income loss (5-year summary)
Profit before tax¥2.6bn2024-10-01 → 2025-09-30Cons.Income before income taxes
Profit before tax¥610m2023-10-01 → 2024-09-30Cons.Income before income taxes
Net income (owners)¥1.6bn2024-10-01 → 2025-09-30Cons.Profit loss attributable to owners of parent
Net income (owners)−¥190m2023-10-01 → 2024-09-30Cons.Profit loss attributable to owners of parent
Net income (owners)¥1.2bn2022-10-01 → 2023-09-30vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥2.3bn2021-10-01 → 2022-09-30vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥1.6bn2024-10-01 → 2025-09-30Cons.Profit loss
Net income−¥209m2023-10-01 → 2024-09-30Cons.Profit loss
Total assets¥41.1bnat 2025-09-30Cons.Assets
Total assets¥37.3bnat 2024-09-30Cons.Assets
Total assets¥36.2bnat 2023-09-30vCons.Total assets (5-year summary)
Total assets¥33.5bnat 2022-09-30vCons.Total assets (5-year summary)
Total liabilities¥20.2bnat 2025-09-30Cons.Liabilities
Total liabilities¥17.2bnat 2024-09-30Cons.Liabilities
Net assets / equity¥20.9bnat 2025-09-30Cons.Net assets
Net assets / equity¥20.2bnat 2024-09-30Cons.Net assets
Net assets / equity¥20.7bnat 2023-09-30vCons.Net assets
Net assets / equity¥19.8bnat 2022-09-30vCons.Net assets (5-year summary)
Cash and deposits¥7.8bnat 2025-09-30Cons.Cash and deposits
Cash and deposits¥8.5bnat 2024-09-30Cons.Cash and deposits
Cash & equivalents¥7.5bnat 2025-09-30Cons.Cash and cash equivalents
Cash & equivalents¥8.2bnat 2024-09-30Cons.Cash and cash equivalents
Cash & equivalents¥7.0bnat 2023-09-30vCons.Cash and cash equivalents
Cash & equivalents¥7.4bnat 2022-09-30vCons.Cash and cash equivalents (5-year summary)
Operating cash flow−¥1.1bn2024-10-01 → 2025-09-30Cons.Net cash provided by used in operating activities
Operating cash flow¥983m2023-10-01 → 2024-09-30Cons.Net cash provided by used in operating activities
Operating cash flow¥1.4bn2022-10-01 → 2023-09-30vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥1.2bn2021-10-01 → 2022-09-30vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥635m2024-10-01 → 2025-09-30Cons.Net cash provided by used in investment activities
Investing cash flow−¥816m2023-10-01 → 2024-09-30Cons.Net cash provided by used in investment activities
Investing cash flow−¥3.0bn2022-10-01 → 2023-09-30vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥950m2021-10-01 → 2022-09-30vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥1.0bn2024-10-01 → 2025-09-30Cons.Net cash provided by used in financing activities
Financing cash flow¥845m2023-10-01 → 2024-09-30Cons.Net cash provided by used in financing activities
Financing cash flow¥1.1bn2022-10-01 → 2023-09-30vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥767m2021-10-01 → 2022-09-30vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥176.752024-10-01 → 2025-09-30Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-21.32023-10-01 → 2024-09-30Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥134.742022-10-01 → 2023-09-30vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥261.952021-10-01 → 2022-09-30vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥2,387.32at 2025-09-30Cons.Net assets per share (5-year summary)
Net assets per share¥2,236.66at 2024-09-30Cons.Net assets per share (5-year summary)
Net assets per share¥2,325.12at 2023-09-30vCons.Net assets per share (5-year summary)
Net assets per share¥2,242.31at 2022-09-30vCons.Net assets per share (5-year summary)
Equity ratio50.7%at 2025-09-30Cons.Equity to asset ratio (5-year summary)
Equity ratio53.9%at 2024-09-30Cons.Equity to asset ratio (5-year summary)
Equity ratio56.9%at 2023-09-30vCons.Equity to asset ratio (5-year summary)
Equity ratio59.0%at 2022-09-30vCons.Equity to asset ratio (5-year summary)
ROE7.6%2024-10-01 → 2025-09-30Cons.Rate of return on equity (5-year summary)
ROE-0.9%2023-10-01 → 2024-09-30Cons.Rate of return on equity (5-year summary)
ROE6.0%2022-10-01 → 2023-09-30vCons.Rate of return on equity (5-year summary)
ROE11.8%2021-10-01 → 2022-09-30vCons.Rate of return on equity (5-year summary)
Employees2,150at 2025-09-30Cons.Number of employees
Employees2,102at 2024-09-30Cons.Number of employees
Employees2,036at 2023-09-30vCons.Number of employees
Employees1,760at 2022-09-30vCons.Number of employees
Revenue¥1.9bn2024-10-01 → 2025-09-30StandaloneOperating revenue1
Revenue¥2.2bn2023-10-01 → 2024-09-30StandaloneOperating revenue1
Revenue¥2.6bn2022-10-01 → 2023-09-30vStandaloneOperating revenue1 (5-year summary)
Revenue¥2.2bn2021-10-01 → 2022-09-30vStandaloneOperating revenue1 (5-year summary)
Operating income¥455m2024-10-01 → 2025-09-30StandaloneOperating income
Operating income¥744m2023-10-01 → 2024-09-30StandaloneOperating income
Ordinary income¥485m2024-10-01 → 2025-09-30StandaloneOrdinary income
Ordinary income¥749m2023-10-01 → 2024-09-30StandaloneOrdinary income
Ordinary income¥1.3bn2022-10-01 → 2023-09-30vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.1bn2021-10-01 → 2022-09-30vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥453m2024-10-01 → 2025-09-30StandaloneIncome before income taxes
Profit before tax¥473m2023-10-01 → 2024-09-30StandaloneIncome before income taxes
Net income¥448m2024-10-01 → 2025-09-30StandaloneProfit loss
Net income¥470m2023-10-01 → 2024-09-30StandaloneProfit loss
Net income¥1.3bn2022-10-01 → 2023-09-30vStandaloneNet income loss (5-year summary)
Net income¥775m2021-10-01 → 2022-09-30vStandaloneNet income loss (5-year summary)
Total assets¥18.9bnat 2025-09-30StandaloneAssets
Total assets¥17.2bnat 2024-09-30StandaloneAssets
Total assets¥17.7bnat 2023-09-30vStandaloneTotal assets (5-year summary)
Total assets¥14.5bnat 2022-09-30vStandaloneTotal assets (5-year summary)
Total liabilities¥4.5bnat 2025-09-30StandaloneLiabilities
Total liabilities¥2.4bnat 2024-09-30StandaloneLiabilities
Net assets / equity¥14.4bnat 2025-09-30StandaloneNet assets
Net assets / equity¥14.9bnat 2024-09-30StandaloneNet assets
Net assets / equity¥14.8bnat 2023-09-30vStandaloneNet assets
Net assets / equity¥13.7bnat 2022-09-30vStandaloneNet assets (5-year summary)
Cash and deposits¥1.3bnat 2025-09-30StandaloneCash and deposits
Cash and deposits¥1.7bnat 2024-09-30StandaloneCash and deposits
EPS (basic)¥50.662024-10-01 → 2025-09-30StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥52.562023-10-01 → 2024-09-30StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥148.532022-10-01 → 2023-09-30vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥87.022021-10-01 → 2022-09-30vStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥622024-10-01 → 2025-09-30StandaloneDividend paid per share (5-year summary)
Dividend per share¥602023-10-01 → 2024-09-30StandaloneDividend paid per share (5-year summary)
Dividend per share¥702022-10-01 → 2023-09-30vStandaloneDividend paid per share (5-year summary)
Dividend per share¥662021-10-01 → 2022-09-30vStandaloneDividend paid per share (5-year summary)
Net assets per share¥1,652.53at 2025-09-30StandaloneNet assets per share (5-year summary)
Net assets per share¥1,656.23at 2024-09-30StandaloneNet assets per share (5-year summary)
Net assets per share¥1,665.51at 2023-09-30vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,553.07at 2022-09-30vStandaloneNet assets per share (5-year summary)
Equity ratio76.2%at 2025-09-30StandaloneEquity to asset ratio (5-year summary)
Equity ratio86.3%at 2024-09-30StandaloneEquity to asset ratio (5-year summary)
Equity ratio83.3%at 2023-09-30vStandaloneEquity to asset ratio (5-year summary)
Equity ratio94.0%at 2022-09-30vStandaloneEquity to asset ratio (5-year summary)
ROE3.1%2024-10-01 → 2025-09-30StandaloneRate of return on equity (5-year summary)
ROE3.2%2023-10-01 → 2024-09-30StandaloneRate of return on equity (5-year summary)
ROE9.3%2022-10-01 → 2023-09-30vStandaloneRate of return on equity (5-year summary)
ROE5.7%2021-10-01 → 2022-09-30vStandaloneRate of return on equity (5-year summary)
Shares issued9,416,000at 2025-09-30StandaloneTotal number of issued shares (5-year summary)
Shares issued9,416,000at 2024-09-30StandaloneTotal number of issued shares (5-year summary)
Shares issued9,416,000at 2023-09-30vStandaloneTotal number of issued shares (5-year summary)
Shares issued9,416,000at 2022-09-30vStandaloneTotal number of issued shares (5-year summary)
Employees129at 2025-09-30StandaloneNumber of employees
Employees126at 2024-09-30StandaloneNumber of employees
Employees98at 2023-09-30vStandaloneNumber of employees
Employees51at 2022-09-30vStandaloneNumber 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.

Segments · 36
SegmentItemPeriodValue
Reconciling Itemsreconcilingrevenue2024-10-01 → 2025-09-30−¥89m
Reconciling Itemsreconcilingrevenue intersegment2024-10-01 → 2025-09-30−¥89m
CONSULTANTBUSINESSreportable segmentdepreciation2024-10-01 → 2025-09-30¥206m
CONSULTANTBUSINESSreportable segmentemployeesat 2025-09-301970 pure
CONSULTANTBUSINESSreportable segmentrevenue2024-10-01 → 2025-09-30¥44.3bn
CONSULTANTBUSINESSreportable segmentrevenue external2024-10-01 → 2025-09-30¥44.3bn
PRODUCTSBUSINESSreportable segmentdepreciation2024-10-01 → 2025-09-30¥0
PRODUCTSBUSINESSreportable segmentemployeesat 2025-09-303 pure
PRODUCTSBUSINESSreportable segmentrevenue2024-10-01 → 2025-09-30¥731m
PRODUCTSBUSINESSreportable segmentrevenue external2024-10-01 → 2025-09-30¥724m
PRODUCTSBUSINESSreportable segmentrevenue intersegment2024-10-01 → 2025-09-30¥7m
SERVICEPROVIDERBUSINESSreportable segmentdepreciation2024-10-01 → 2025-09-30¥19m
SERVICEPROVIDERBUSINESSreportable segmentemployeesat 2025-09-3048 pure
SERVICEPROVIDERBUSINESSreportable segmentrevenue2024-10-01 → 2025-09-30¥1.0bn
SERVICEPROVIDERBUSINESSreportable segmentrevenue external2024-10-01 → 2025-09-30¥956m
SERVICEPROVIDERBUSINESSreportable segmentrevenue intersegment2024-10-01 → 2025-09-30¥82m
Total Of Reportable Segments And Otherssegment totaldepreciation2024-10-01 → 2025-09-30¥226m
Total Of Reportable Segments And Otherssegment totalrevenue2024-10-01 → 2025-09-30¥46.1bn
Total Of Reportable Segments And Otherssegment totalrevenue external2024-10-01 → 2025-09-30¥46.0bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2024-10-01 → 2025-09-30¥89m
Reconciling Itemsreconcilingrevenue2023-10-01 → 2024-09-30−¥112m
Reconciling Itemsreconcilingrevenue intersegment2023-10-01 → 2024-09-30−¥112m
CONSULTANTBUSINESSreportable segmentdepreciation2023-10-01 → 2024-09-30¥181m
CONSULTANTBUSINESSreportable segmentrevenue2023-10-01 → 2024-09-30¥38.3bn
CONSULTANTBUSINESSreportable segmentrevenue external2023-10-01 → 2024-09-30¥38.3bn
PRODUCTSBUSINESSreportable segmentdepreciation2023-10-01 → 2024-09-30¥0
PRODUCTSBUSINESSreportable segmentrevenue2023-10-01 → 2024-09-30¥767m
PRODUCTSBUSINESSreportable segmentrevenue external2023-10-01 → 2024-09-30¥767m
SERVICEPROVIDERBUSINESSreportable segmentdepreciation2023-10-01 → 2024-09-30¥2m
SERVICEPROVIDERBUSINESSreportable segmentrevenue2023-10-01 → 2024-09-30¥877m
SERVICEPROVIDERBUSINESSreportable segmentrevenue external2023-10-01 → 2024-09-30¥765m
SERVICEPROVIDERBUSINESSreportable segmentrevenue intersegment2023-10-01 → 2024-09-30¥112m
Total Of Reportable Segments And Otherssegment totaldepreciation2023-10-01 → 2024-09-30¥184m
Total Of Reportable Segments And Otherssegment totalrevenue2023-10-01 → 2024-09-30¥39.9bn
Total Of Reportable Segments And Otherssegment totalrevenue external2023-10-01 → 2024-09-30¥39.8bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2023-10-01 → 2024-09-30¥112m

Segment names come from EDINET member IDs; not yet mapped to a common taxonomy.

All source rows · 1,635
ItemContextValueUnit
Net assets per share (5-year summary)Prior3YearInstant2242.31
Net assets per share (5-year summary)Prior2YearInstant2325.12
Net assets per share (5-year summary)Prior1YearInstant2236.66
Net assets per share (5-year summary)CurrentYearInstant2387.32
Basic earnings loss per share (5-year summary)Prior3YearDuration261.95
Basic earnings loss per share (5-year summary)Prior2YearDuration134.74
Basic earnings loss per share (5-year summary)Prior1YearDuration-21.30
Basic earnings loss per share (5-year summary)CurrentYearDuration176.75
Diluted earnings per share (5-year summary)Prior3YearDuration-
Diluted earnings per share (5-year summary)Prior2YearDuration-
Diluted earnings per share (5-year summary)Prior1YearDuration-
Diluted earnings per share (5-year summary)CurrentYearDuration-
Equity to asset ratio (5-year summary)Prior3YearInstant0.590
Equity to asset ratio (5-year summary)Prior2YearInstant0.569
Equity to asset ratio (5-year summary)Prior1YearInstant0.539
Equity to asset ratio (5-year summary)CurrentYearInstant0.507
Rate of return on equity (5-year summary)Prior3YearDuration0.1182
Rate of return on equity (5-year summary)Prior2YearDuration0.0596
Rate of return on equity (5-year summary)Prior1YearDuration-0.0094
Rate of return on equity (5-year summary)CurrentYearDuration0.0764
Price earnings ratio (5-year summary)Prior3YearDuration9.68
Price earnings ratio (5-year summary)Prior2YearDuration12.22
Price earnings ratio (5-year summary)Prior1YearDuration-
Price earnings ratio (5-year summary)CurrentYearDuration9.80
Net cash provided by used in operating activities (5-year summary)Prior3YearDuration-1226000000JPY
Net cash provided by used in operating activities (5-year summary)Prior2YearDuration1428000000JPY
Net cash provided by used in operating activities (5-year summary)Prior1YearDuration983000000JPY
Net cash provided by used in operating activities (5-year summary)CurrentYearDuration-1142000000JPY
Net cash provided by used in investing activities (5-year summary)Prior3YearDuration-950000000JPY
Net cash provided by used in investing activities (5-year summary)Prior2YearDuration-2985000000JPY
Net cash provided by used in investing activities (5-year summary)Prior1YearDuration-816000000JPY
Net cash provided by used in investing activities (5-year summary)CurrentYearDuration-635000000JPY
Net cash provided by used in financing activities (5-year summary)Prior3YearDuration-767000000JPY
Net cash provided by used in financing activities (5-year summary)Prior2YearDuration1150000000JPY
Net cash provided by used in financing activities (5-year summary)Prior1YearDuration845000000JPY
Net cash provided by used in financing activities (5-year summary)CurrentYearDuration1036000000JPY
Cash and cash equivalents (5-year summary)Prior3YearInstant7413000000JPY
Cash and cash equivalents (5-year summary)Prior2YearInstant7031000000JPY
Cash and cash equivalents (5-year summary)Prior1YearInstant8192000000JPY
Cash and cash equivalents (5-year summary)CurrentYearInstant7532000000JPY
Number of employeesPrior3YearInstant1760
Number of employeesPrior2YearInstant2036
Number of employeesPrior1YearInstant2102
Number of employeesCurrentYearInstant2150
Operating revenue1 (5-year summary)Prior3YearDuration_NonConsolidatedMember2152000000JPY
Operating revenue1 (5-year summary)Prior2YearDuration_NonConsolidatedMember2643000000JPY
Operating revenue1 (5-year summary)Prior1YearDuration_NonConsolidatedMember2224000000JPY
Operating revenue1 (5-year summary)CurrentYearDuration_NonConsolidatedMember1887000000JPY
Ordinary income loss (5-year summary)Prior3YearDuration_NonConsolidatedMember1095000000JPY
Ordinary income loss (5-year summary)Prior2YearDuration_NonConsolidatedMember1329000000JPY

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 2024-09-30pass rounding
balance sheet identityconsolidated 2025-09-30pass
balance sheet identitynon_consolidated 2024-09-30pass
balance sheet identitynon_consolidated 2025-09-30pass
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2023-09-30pass
statement vs summary · net assetsconsolidated 2024-09-30pass
statement vs summary · net assetsconsolidated 2025-09-30pass
statement vs summary · net assetsnon_consolidated 2023-09-30pass
statement vs summary · net assetsnon_consolidated 2024-09-30pass
statement vs summary · net assetsnon_consolidated 2025-09-30pass
statement vs summary · net income attributable to parentconsolidated 2023-10-01/2024-09-30pass
statement vs summary · net income attributable to parentconsolidated 2024-10-01/2025-09-30pass
statement vs summary · operating cash flowconsolidated 2023-10-01/2024-09-30pass
statement vs summary · operating cash flowconsolidated 2024-10-01/2025-09-30pass
statement vs summary · revenueconsolidated 2023-10-01/2024-09-30pass
statement vs summary · revenueconsolidated 2024-10-01/2025-09-30pass
statement vs summary · revenuenon_consolidated 2023-10-01/2024-09-30pass
statement vs summary · revenuenon_consolidated 2024-10-01/2025-09-30pass
statement vs summary · total assetsconsolidated 2024-09-30pass
statement vs summary · total assetsconsolidated 2025-09-30pass
statement vs summary · total assetsnon_consolidated 2024-09-30pass
statement vs summary · total assetsnon_consolidated 2025-09-30pass