Annual report

Period2025-01-01 → 2025-12-31

Filed2026-03-25

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Amended by S100XVLX (2026-04-02).

Key figures · 147

Metric	Value	Period	Scope	Source row
Revenue	¥3.5bn	2025-01-01 → 2025-12-31	Cons.	Net sales
Revenue	¥3.6bn	2024-01-01 → 2024-12-31	Cons.	Net sales
Revenue	¥3.6bn	2023-01-01 → 2023-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥3.6bn	2022-01-01 → 2022-12-31^v	Cons.	Net sales (5-year summary)
Revenue	¥3.3bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥212m	2025-01-01 → 2025-12-31	Cons.	Operating income
Operating income	¥155m	2024-01-01 → 2024-12-31	Cons.	Operating income
Ordinary income	¥202m	2025-01-01 → 2025-12-31	Cons.	Ordinary income
Ordinary income	¥200m	2024-01-01 → 2024-12-31	Cons.	Ordinary income
Ordinary income	¥299m	2023-01-01 → 2023-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥518m	2022-01-01 → 2022-12-31^v	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥417m	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥174m	2025-01-01 → 2025-12-31	Cons.	Income before income taxes
Profit before tax	¥194m	2024-01-01 → 2024-12-31	Cons.	Income before income taxes
Net income (owners)	¥99m	2025-01-01 → 2025-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥111m	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥76m	2023-01-01 → 2023-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥419m	2022-01-01 → 2022-12-31^v	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥245m	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥99m	2025-01-01 → 2025-12-31	Cons.	Profit loss
Net income	¥111m	2024-01-01 → 2024-12-31	Cons.	Profit loss
Total assets	¥4.5bn	at 2025-12-31	Cons.	Assets
Total assets	¥4.3bn	at 2024-12-31	Cons.	Assets
Total assets	¥4.3bn	at 2023-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥4.4bn	at 2022-12-31^v	Cons.	Total assets (5-year summary)
Total assets	¥3.1bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥1.3bn	at 2025-12-31	Cons.	Liabilities
Total liabilities	¥1.3bn	at 2024-12-31	Cons.	Liabilities
Net assets / equity	¥3.2bn	at 2025-12-31	Cons.	Net assets
Net assets / equity	¥3.1bn	at 2024-12-31	Cons.	Net assets
Net assets / equity	¥2.9bn	at 2023-12-31^v	Cons.	Net assets
Net assets / equity	¥2.9bn	at 2022-12-31^v	Cons.	Net assets (5-year summary)
Net assets / equity	¥1.6bn	at 2021-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥3.4bn	at 2025-12-31	Cons.	Cash and deposits
Cash and deposits	¥3.4bn	at 2024-12-31	Cons.	Cash and deposits
Cash & equivalents	¥3.4bn	at 2025-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥3.4bn	at 2024-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥3.4bn	at 2023-12-31^v	Cons.	Cash and cash equivalents
Cash & equivalents	¥3.3bn	at 2022-12-31^v	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥2.1bn	at 2021-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥286m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥133m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥63m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥470m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥957m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥203m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥207m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥62m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥55m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥62m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥47m	2025-01-01 → 2025-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥46m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥123m	2023-01-01 → 2023-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥709m	2022-01-01 → 2022-12-31^v	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥33m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥41.93	2025-01-01 → 2025-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥47.6	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥32.87	2023-01-01 → 2023-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥238.61	2022-01-01 → 2022-12-31^v	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥142.1	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥1,344.99	at 2025-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,309.02	at 2024-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,267.61	at 2023-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,310.62	at 2022-12-31^v	Cons.	Net assets per share (5-year summary)
Net assets per share	¥943.07	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	71.1%	at 2025-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	70.5%	at 2024-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	68.3%	at 2023-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	65.3%	at 2022-12-31^v	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	52.6%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	3.2%	2025-01-01 → 2025-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	3.7%	2024-01-01 → 2024-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	2.6%	2023-01-01 → 2023-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	18.6%	2022-01-01 → 2022-12-31^v	Cons.	Rate of return on equity (5-year summary)
ROE	16.6%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	140	at 2025-12-31	Cons.	Number of employees
Employees	161	at 2024-12-31	Cons.	Number of employees
Employees	158	at 2023-12-31^v	Cons.	Number of employees
Employees	147	at 2022-12-31^v	Cons.	Number of employees
Employees	145	at 2021-12-31^d	Cons.	Number of employees
Revenue	¥3.2bn	2025-01-01 → 2025-12-31	Standalone	Net sales
Revenue	¥3.2bn	2024-01-01 → 2024-12-31	Standalone	Net sales
Revenue	¥3.2bn	2023-01-01 → 2023-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥3.2bn	2022-01-01 → 2022-12-31^v	Standalone	Net sales (5-year summary)
Revenue	¥2.9bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥184m	2025-01-01 → 2025-12-31	Standalone	Operating income
Operating income	¥109m	2024-01-01 → 2024-12-31	Standalone	Operating income
Ordinary income	¥188m	2025-01-01 → 2025-12-31	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥142m	2024-01-01 → 2024-12-31	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥251m	2023-01-01 → 2023-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥454m	2022-01-01 → 2022-12-31^v	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥328m	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥155m	2025-01-01 → 2025-12-31	Standalone	Income before income taxes
Profit before tax	¥27m	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Net income	¥80m	2025-01-01 → 2025-12-31	Standalone	Profit loss
Net income	−¥36m	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	¥23m	2023-01-01 → 2023-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥358m	2022-01-01 → 2022-12-31^v	Standalone	Net income loss (5-year summary)
Net income	¥150m	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥4.0bn	at 2025-12-31	Standalone	Assets
Total assets	¥3.9bn	at 2024-12-31	Standalone	Assets
Total assets	¥4.1bn	at 2023-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥4.2bn	at 2022-12-31^v	Standalone	Total assets (5-year summary)
Total assets	¥3.0bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥1.2bn	at 2025-12-31	Standalone	Liabilities
Total liabilities	¥1.2bn	at 2024-12-31	Standalone	Liabilities
Net assets / equity	¥2.8bn	at 2025-12-31	Standalone	Net assets
Net assets / equity	¥2.8bn	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥2.8bn	at 2023-12-31^v	Standalone	Net assets
Net assets / equity	¥2.8bn	at 2022-12-31^v	Standalone	Net assets (5-year summary)
Net assets / equity	¥1.6bn	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥2.6bn	at 2025-12-31	Standalone	Cash and deposits
Cash and deposits	¥2.6bn	at 2024-12-31	Standalone	Cash and deposits
EPS (basic)	¥34.07	2025-01-01 → 2025-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-15.58	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥9.98	2023-01-01 → 2023-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥203.75	2022-01-01 → 2022-12-31^v	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥86.97	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
Dividend per share	¥20	2025-01-01 → 2025-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥20	2024-01-01 → 2024-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥20	2023-01-01 → 2023-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥20	2022-01-01 → 2022-12-31^v	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥30	2021-01-01 → 2021-12-31^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥1,195.39	at 2025-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,181.76	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,216.06	at 2023-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,285.34	at 2022-12-31^v	Standalone	Net assets per share (5-year summary)
Net assets per share	¥927.91	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	69.8%	at 2025-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	70.2%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	69.1%	at 2023-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	67.2%	at 2022-12-31^v	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	54.0%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	2.9%	2025-01-01 → 2025-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	0.8%	2023-01-01 → 2023-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	16.1%	2022-01-01 → 2022-12-31^v	Standalone	Rate of return on equity (5-year summary)
ROE	10.1%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	2,366,722	at 2025-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	2,342,175	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	2,320,953	at 2023-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	2,192,400	at 2022-12-31^v	Standalone	Total number of issued shares (5-year summary)
Shares issued	871,200	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	130	at 2025-12-31	Standalone	Number of employees
Employees	147	at 2024-12-31	Standalone	Number of employees
Employees	142	at 2023-12-31^v	Standalone	Number of employees
Employees	135	at 2022-12-31^v	Standalone	Number of employees
Employees	130	at 2021-12-31^d	Standalone	Number 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 · 1,337

Item	Context	Value	Unit
Directors compensations sga	CurrentYearDuration	182710000	JPY
Salaries and allowances sga	Prior1YearDuration	543317000	JPY
Salaries and allowances sga	CurrentYearDuration	452743000	JPY
Business consignment expenses sga	Prior1YearDuration	254361000	JPY
Business consignment expenses sga	CurrentYearDuration	233773000	JPY
Provision for bonuses sga	Prior1YearDuration	23013000	JPY
Provision for bonuses sga	CurrentYearDuration	31335000	JPY
Retirement benefit expenses sga	Prior1YearDuration	5214000	JPY
Retirement benefit expenses sga	CurrentYearDuration	5360000	JPY
Cash and deposits	Prior1YearInstant_NonConsolidatedMember	2641167000	JPY
Cash and deposits	CurrentYearInstant_NonConsolidatedMember	2607643000	JPY
Accounts receivable trade	Prior1YearInstant_NonConsolidatedMember	203580000	JPY
Accounts receivable trade	CurrentYearInstant_NonConsolidatedMember	193854000	JPY
Inventories	Prior1YearInstant_NonConsolidatedMember	9085000	JPY
Inventories	CurrentYearInstant_NonConsolidatedMember	1806000	JPY
Prepaid expenses	Prior1YearInstant_NonConsolidatedMember	97489000	JPY
Prepaid expenses	CurrentYearInstant_NonConsolidatedMember	113251000	JPY
Accounts receivable other	Prior1YearInstant_NonConsolidatedMember	2114000	JPY
Accounts receivable other	CurrentYearInstant_NonConsolidatedMember	909000	JPY
Short term loans receivable to subsidiaries and affiliates	Prior1YearInstant_NonConsolidatedMember	215000000	JPY
Short term loans receivable to subsidiaries and affiliates	CurrentYearInstant_NonConsolidatedMember	－	JPY
Other ca	Prior1YearInstant_NonConsolidatedMember	1897000	JPY
Other ca	CurrentYearInstant_NonConsolidatedMember	313000	JPY
Allowance for doubtful accounts ca	Prior1YearInstant_NonConsolidatedMember	-8650000	JPY
Allowance for doubtful accounts ca	CurrentYearInstant_NonConsolidatedMember	-2918000	JPY
Current assets	Prior1YearInstant_NonConsolidatedMember	3161683000	JPY
Current assets	CurrentYearInstant_NonConsolidatedMember	2914860000	JPY
Buildings and accompanying facilities net	Prior1YearInstant_NonConsolidatedMember	75786000	JPY
Buildings and accompanying facilities net	CurrentYearInstant_NonConsolidatedMember	64202000	JPY
Tools furniture and fixtures net	Prior1YearInstant_NonConsolidatedMember	4399000	JPY
Tools furniture and fixtures net	CurrentYearInstant_NonConsolidatedMember	3989000	JPY
Property plant and equipment	Prior1YearInstant_NonConsolidatedMember	80186000	JPY
Property plant and equipment	CurrentYearInstant_NonConsolidatedMember	68192000	JPY
Software	Prior1YearInstant_NonConsolidatedMember	180349000	JPY
Software	CurrentYearInstant_NonConsolidatedMember	159345000	JPY
Software in progress	Prior1YearInstant_NonConsolidatedMember	188767000	JPY
Software in progress	CurrentYearInstant_NonConsolidatedMember	338022000	JPY
Other ia	Prior1YearInstant_NonConsolidatedMember	72000	JPY
Other ia	CurrentYearInstant_NonConsolidatedMember	72000	JPY
Intangible assets	Prior1YearInstant_NonConsolidatedMember	369189000	JPY
Intangible assets	CurrentYearInstant_NonConsolidatedMember	497440000	JPY
Investment securities	Prior1YearInstant_NonConsolidatedMember	34800000	JPY
Investment securities	CurrentYearInstant_NonConsolidatedMember	35808000	JPY
Stocks of subsidiaries and affiliates	Prior1YearInstant_NonConsolidatedMember	－	JPY
Stocks of subsidiaries and affiliates	CurrentYearInstant_NonConsolidatedMember	321169000	JPY
Long term loans receivable from subsidiaries and affiliates	Prior1YearInstant_NonConsolidatedMember	110726000	JPY
Long term loans receivable from subsidiaries and affiliates	CurrentYearInstant_NonConsolidatedMember	－	JPY
Accrued interest from subsidiaries and associates other ioa	Prior1YearInstant_NonConsolidatedMember	2449000	JPY
Accrued interest from subsidiaries and associates other ioa	CurrentYearInstant_NonConsolidatedMember	－	JPY
Lease and guarantee deposits	Prior1YearInstant_NonConsolidatedMember	112493000	JPY

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 identity	consolidated 2024-12-31	pass
balance sheet identity	consolidated 2025-12-31	pass
balance sheet identity	non_consolidated 2024-12-31	pass
balance sheet identity	non_consolidated 2025-12-31	pass rounding
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2023-12-31	pass
statement vs summary · net assets	consolidated 2024-12-31	pass
statement vs summary · net assets	consolidated 2025-12-31	pass
statement vs summary · net assets	non_consolidated 2023-12-31	pass
statement vs summary · net assets	non_consolidated 2024-12-31	pass
statement vs summary · net assets	non_consolidated 2025-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2025-01-01/2025-12-31	pass
statement vs summary · operating cash flow	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · operating cash flow	consolidated 2025-01-01/2025-12-31	pass
statement vs summary · revenue	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · revenue	consolidated 2025-01-01/2025-12-31	pass
statement vs summary · revenue	non_consolidated 2024-01-01/2024-12-31	pass
statement vs summary · revenue	non_consolidated 2025-01-01/2025-12-31	pass
statement vs summary · total assets	consolidated 2024-12-31	pass
statement vs summary · total assets	consolidated 2025-12-31	pass
statement vs summary · total assets	non_consolidated 2024-12-31	pass
statement vs summary · total assets	non_consolidated 2025-12-31	pass