Annual report

Period2024-01-01 → 2024-12-31

Filed2025-03-27

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 148

Metric	Value	Period	Scope	Source row
Revenue	¥18.2bn	2024-01-01 → 2024-12-31	Cons.	Net sales
Revenue	¥17.3bn	2023-01-01 → 2023-12-31	Cons.	Net sales
Revenue	¥23.1bn	2022-01-01 → 2022-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥17.0bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥12.3bn	2020-01-01 → 2020-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥2.8bn	2024-01-01 → 2024-12-31	Cons.	Operating income
Operating income	¥3.3bn	2023-01-01 → 2023-12-31	Cons.	Operating income
Ordinary income	¥2.9bn	2024-01-01 → 2024-12-31	Cons.	Ordinary income
Ordinary income	¥3.5bn	2023-01-01 → 2023-12-31	Cons.	Ordinary income
Ordinary income	¥4.7bn	2022-01-01 → 2022-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥2.7bn	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥1.5bn	2020-01-01 → 2020-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥2.9bn	2024-01-01 → 2024-12-31	Cons.	Income before income taxes
Profit before tax	¥3.5bn	2023-01-01 → 2023-12-31	Cons.	Income before income taxes
Net income (owners)	¥1.9bn	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥2.4bn	2023-01-01 → 2023-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥3.3bn	2022-01-01 → 2022-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥1.9bn	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥1.0bn	2020-01-01 → 2020-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥1.9bn	2024-01-01 → 2024-12-31	Cons.	Profit loss
Net income	¥2.4bn	2023-01-01 → 2023-12-31	Cons.	Profit loss
Total assets	¥27.6bn	at 2024-12-31	Cons.	Assets
Total assets	¥26.9bn	at 2023-12-31	Cons.	Assets
Total assets	¥26.2bn	at 2022-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥22.4bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥19.0bn	at 2020-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥8.1bn	at 2024-12-31	Cons.	Liabilities
Total liabilities	¥8.7bn	at 2023-12-31	Cons.	Liabilities
Net assets / equity	¥19.5bn	at 2024-12-31	Cons.	Net assets
Net assets / equity	¥18.3bn	at 2023-12-31	Cons.	Net assets
Net assets / equity	¥16.2bn	at 2022-12-31^d	Cons.	Net assets
Net assets / equity	¥13.1bn	at 2021-12-31^d	Cons.	Net assets (5-year summary)
Net assets / equity	¥11.4bn	at 2020-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥10.7bn	at 2024-12-31	Cons.	Cash and deposits
Cash and deposits	¥11.0bn	at 2023-12-31	Cons.	Cash and deposits
Cash & equivalents	¥7.7bn	at 2024-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥7.6bn	at 2023-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥7.2bn	at 2022-12-31^d	Cons.	Cash and cash equivalents
Cash & equivalents	¥3.4bn	at 2021-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥1.4bn	at 2020-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥3.1bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥4.0bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥5.7bn	2022-01-01 → 2022-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥2.5bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	¥2.2bn	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥920m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥2.6bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥556m	2022-01-01 → 2022-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	¥628m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥3.5bn	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥2.3bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥1.2bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	−¥1.5bn	2022-01-01 → 2022-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥1.3bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	−¥1.4bn	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥139.31	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥175.35	2023-01-01 → 2023-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥235.2	2022-01-01 → 2022-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥138.45	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥74.25	2020-01-01 → 2020-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥1,404.98	at 2024-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,318.25	at 2023-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥1,170.85	at 2022-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥944.61	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥822.39	at 2020-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	70.7%	at 2024-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	67.9%	at 2023-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	62.0%	at 2022-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	58.6%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	60.0%	at 2020-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	10.2%	2024-01-01 → 2024-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	14.1%	2023-01-01 → 2023-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	22.2%	2022-01-01 → 2022-12-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	15.7%	2021-01-01 → 2021-12-31^d	Cons.	Rate of return on equity (5-year summary)
ROE	9.3%	2020-01-01 → 2020-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	182	at 2024-12-31	Cons.	Number of employees
Employees	191	at 2023-12-31	Cons.	Number of employees
Employees	196	at 2022-12-31^d	Cons.	Number of employees
Employees	192	at 2021-12-31^d	Cons.	Number of employees
Employees	188	at 2020-12-31^d	Cons.	Number of employees
Revenue	¥16.9bn	2024-01-01 → 2024-12-31	Standalone	Net sales
Revenue	¥17.1bn	2023-01-01 → 2023-12-31	Standalone	Net sales
Revenue	¥22.9bn	2022-01-01 → 2022-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥16.8bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥12.1bn	2020-01-01 → 2020-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥2.4bn	2024-01-01 → 2024-12-31	Standalone	Operating income
Operating income	¥3.1bn	2023-01-01 → 2023-12-31	Standalone	Operating income
Ordinary income	¥2.7bn	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	¥3.3bn	2023-01-01 → 2023-12-31	Standalone	Ordinary income
Ordinary income	¥4.6bn	2022-01-01 → 2022-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥2.3bn	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥1.2bn	2020-01-01 → 2020-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥2.7bn	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Profit before tax	¥3.3bn	2023-01-01 → 2023-12-31	Standalone	Income before income taxes
Net income	¥1.9bn	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	¥2.3bn	2023-01-01 → 2023-12-31	Standalone	Profit loss
Net income	¥3.2bn	2022-01-01 → 2022-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥1.6bn	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥805m	2020-01-01 → 2020-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥22.5bn	at 2024-12-31	Standalone	Assets
Total assets	¥23.1bn	at 2023-12-31	Standalone	Assets
Total assets	¥23.1bn	at 2022-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥20.2bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥17.3bn	at 2020-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥6.7bn	at 2024-12-31	Standalone	Liabilities
Total liabilities	¥8.1bn	at 2023-12-31	Standalone	Liabilities
Net assets / equity	¥15.8bn	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥15.0bn	at 2023-12-31	Standalone	Net assets
Net assets / equity	¥13.3bn	at 2022-12-31^d	Standalone	Net assets
Net assets / equity	¥10.6bn	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥9.4bn	at 2020-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥7.8bn	at 2024-12-31	Standalone	Cash and deposits
Cash and deposits	¥7.9bn	at 2023-12-31	Standalone	Cash and deposits
EPS (basic)	¥136.7	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥162.86	2023-01-01 → 2023-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥229.73	2022-01-01 → 2022-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥113.41	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥58.04	2020-01-01 → 2020-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
Dividend per share	¥95	2024-01-01 → 2024-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥50	2023-01-01 → 2023-12-31	Standalone	Dividend paid per share (5-year summary)
Dividend per share	¥35	2022-01-01 → 2022-12-31^d	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)
Dividend per share	¥30	2020-01-01 → 2020-12-31^d	Standalone	Dividend paid per share (5-year summary)
Net assets per share	¥1,138.73	at 2024-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥1,082.04	at 2023-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥961.67	at 2022-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥764.33	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥680.91	at 2020-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	70.2%	at 2024-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	65.0%	at 2023-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	57.8%	at 2022-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	52.5%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	54.6%	at 2020-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	12.3%	2024-01-01 → 2024-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	15.9%	2023-01-01 → 2023-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	26.6%	2022-01-01 → 2022-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	15.7%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	8.7%	2020-01-01 → 2020-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	13,868,500	at 2024-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	13,868,500	at 2023-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	13,868,500	at 2022-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	13,868,500	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	13,868,500	at 2020-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	86	at 2024-12-31	Standalone	Number of employees
Employees	101	at 2023-12-31	Standalone	Number of employees
Employees	103	at 2022-12-31^d	Standalone	Number of employees
Employees	101	at 2021-12-31^d	Standalone	Number of employees
Employees	104	at 2020-12-31^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.

Segments · 1

Segment	Item	Period	Value
International Multimodal Transportation Businessreportable segment	employees	at 2024-12-31	182 pure

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

All source rows · 1,239

Item	Context	Value	Unit
Independent auditors report consolidated (text)	FilingDateInstant	Text · Plus
Audit firm1 consolidated	FilingDateInstant	Original text (Japanese) 監査法人Ａ＆Ａパートナーズ
Cpa1 audit firm1 consolidated	FilingDateInstant	Original text (Japanese) 村田　征仁
Cpa2 audit firm1 consolidated	FilingDateInstant	Original text (Japanese) 吉村　仁士
Key audit matters consolidated (text)	FilingDateInstant	Text · Plus
Overview kam consolidated (text)	FilingDateInstant	Text · Plus
Short description kam consolidated	FilingDateInstant_Row1Member	Original text (Japanese) 海上輸送の経過日数に基づく収益認識の妥当性
Description including reason kam consolidated (text)	FilingDateInstant_Row1Member	Text · Plus
Auditors response kam consolidated (text)	FilingDateInstant_Row1Member	Text · Plus
Other information consolidated (text)	FilingDateInstant	Text · Plus
Fee related information consolidated (text)	FilingDateInstant	Text · Plus
Independent auditors report non consolidated (text)	FilingDateInstant	Text · Plus
Audit firm1 non consolidated	FilingDateInstant	Original text (Japanese) 監査法人Ａ＆Ａパートナーズ
Cpa1 audit firm1 non consolidated	FilingDateInstant	Original text (Japanese) 村田　征仁
Cpa2 audit firm1 non consolidated	FilingDateInstant	Original text (Japanese) 吉村　仁士
Key audit matters non consolidated (text)	FilingDateInstant	Text · Plus
Overview kam non consolidated (text)	FilingDateInstant	Text · Plus
Short description kam non consolidated	FilingDateInstant_Row1Member	Original text (Japanese) 海上輸送の経過日数に基づく収益認識の妥当性
Same as kam for consolidated fskam non consolidated (text)	FilingDateInstant_Row1Member	Text · Plus
Other information non consolidated (text)	FilingDateInstant	Text · Plus
Fee related information non consolidated (text)	FilingDateInstant	Text · Plus
Number of submission	FilingDateInstant	1
Net sales (5-year summary)	Prior4YearDuration	12277542000	JPY
Net sales (5-year summary)	Prior3YearDuration	17000529000	JPY
Net sales (5-year summary)	Prior2YearDuration	23081110000	JPY
Net sales (5-year summary)	Prior1YearDuration	17292353000	JPY
Net sales (5-year summary)	CurrentYearDuration	18229471000	JPY
Ordinary income loss (5-year summary)	Prior4YearDuration	1450314000	JPY
Ordinary income loss (5-year summary)	Prior3YearDuration	2720187000	JPY
Ordinary income loss (5-year summary)	Prior2YearDuration	4709050000	JPY
Ordinary income loss (5-year summary)	Prior1YearDuration	3495737000	JPY
Ordinary income loss (5-year summary)	CurrentYearDuration	2882588000	JPY
Profit loss attributable to owners of parent (5-year summary)	Prior4YearDuration	1029694000	JPY
Profit loss attributable to owners of parent (5-year summary)	Prior3YearDuration	1919981000	JPY
Profit loss attributable to owners of parent (5-year summary)	Prior2YearDuration	3261643000	JPY
Profit loss attributable to owners of parent (5-year summary)	Prior1YearDuration	2431735000	JPY
Profit loss attributable to owners of parent (5-year summary)	CurrentYearDuration	1931982000	JPY
Comprehensive income (5-year summary)	Prior4YearDuration	964470000	JPY
Comprehensive income (5-year summary)	Prior3YearDuration	2110993000	JPY
Comprehensive income (5-year summary)	Prior2YearDuration	3586767000	JPY
Comprehensive income (5-year summary)	Prior1YearDuration	2633533000	JPY
Comprehensive income (5-year summary)	CurrentYearDuration	2312235000	JPY
Net assets (5-year summary)	Prior4YearInstant	11404791000	JPY
Net assets (5-year summary)	Prior3YearInstant	13099749000	JPY
Net assets (5-year summary)	Prior2YearInstant	16237082000	JPY
Net assets (5-year summary)	Prior1YearInstant	18281233000	JPY
Net assets (5-year summary)	CurrentYearInstant	19483957000	JPY
Total assets (5-year summary)	Prior4YearInstant	19008786000	JPY
Total assets (5-year summary)	Prior3YearInstant	22364490000	JPY
Total assets (5-year summary)	Prior2YearInstant	26177340000	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 2023-12-31	pass rounding
balance sheet identity	consolidated 2024-12-31	pass rounding
balance sheet identity	non_consolidated 2023-12-31	pass
balance sheet identity	non_consolidated 2024-12-31	pass rounding
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2022-12-31	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	non_consolidated 2022-12-31	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 income attributable to parent	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · operating cash flow	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · operating cash flow	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · revenue	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · revenue	non_consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	non_consolidated 2024-01-01/2024-12-31	pass
statement vs summary · total assets	consolidated 2023-12-31	pass
statement vs summary · total assets	consolidated 2024-12-31	pass
statement vs summary · total assets	non_consolidated 2023-12-31	pass
statement vs summary · total assets	non_consolidated 2024-12-31	pass