Annual report

Period2021-01-01 → 2021-12-31

Filed2023-03-30

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Amends S100NT7A. Amended by S100QIF3 (2023-03-30).

Key figures · 117

Metric	Value	Period	Scope	Source row
Revenue	¥16.0bn	2021-01-01 → 2021-12-31	Cons.	Net sales
Revenue	¥22.3bn	2020-01-01 → 2020-12-31	Cons.	Net sales
Revenue	¥20.6bn	2019-01-01 → 2019-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥2.2bn	2021-01-01 → 2021-12-31	Cons.	Operating income
Operating income	¥1.7bn	2020-01-01 → 2020-12-31	Cons.	Operating income
Ordinary income	¥991m	2021-01-01 → 2021-12-31	Cons.	Ordinary income
Ordinary income	¥732m	2020-01-01 → 2020-12-31	Cons.	Ordinary income
Ordinary income	¥316m	2019-01-01 → 2019-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥964m	2021-01-01 → 2021-12-31	Cons.	Income before income taxes
Profit before tax	¥755m	2020-01-01 → 2020-12-31	Cons.	Income before income taxes
Net income (owners)	¥530m	2021-01-01 → 2021-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥463m	2020-01-01 → 2020-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥250m	2019-01-01 → 2019-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥587m	2021-01-01 → 2021-12-31	Cons.	Profit loss
Net income	¥495m	2020-01-01 → 2020-12-31	Cons.	Profit loss
Total assets	¥119.8bn	at 2021-12-31	Cons.	Assets
Total assets	¥63.4bn	at 2020-12-31	Cons.	Assets
Total assets	¥55.4bn	at 2019-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥105.7bn	at 2021-12-31	Cons.	Liabilities
Total liabilities	¥57.1bn	at 2020-12-31	Cons.	Liabilities
Net assets / equity	¥14.1bn	at 2021-12-31	Cons.	Net assets
Net assets / equity	¥6.3bn	at 2020-12-31	Cons.	Net assets
Net assets / equity	¥4.6bn	at 2019-12-31^d	Cons.	Net assets
Cash and deposits	¥18.2bn	at 2021-12-31	Cons.	Cash and deposits
Cash and deposits	¥12.1bn	at 2020-12-31	Cons.	Cash and deposits
Cash & equivalents	¥18.2bn	at 2021-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥12.1bn	at 2020-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥12.2bn	at 2019-12-31^d	Cons.	Cash and cash equivalents
Operating cash flow	−¥18.6bn	2021-01-01 → 2021-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥6.7bn	2020-01-01 → 2020-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥12.6bn	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥4.0bn	2021-01-01 → 2021-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥1.3bn	2020-01-01 → 2020-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥390m	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	¥28.7bn	2021-01-01 → 2021-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥8.0bn	2020-01-01 → 2020-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥20.2bn	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥20.47	2021-01-01 → 2021-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥19.2	2020-01-01 → 2020-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥12.18	2019-01-01 → 2019-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥19.28	2021-01-01 → 2021-12-31	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥374.03	at 2021-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥227.65	at 2020-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥177.39	at 2019-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	8.9%	at 2021-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	9.3%	at 2020-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	7.4%	at 2019-12-31^d	Cons.	Equity to asset ratio (5-year summary)
ROE	6.4%	2021-01-01 → 2021-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	9.3%	2020-01-01 → 2020-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	8.3%	2019-01-01 → 2019-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	269	at 2021-12-31	Cons.	Number of employees
Employees	234	at 2020-12-31	Cons.	Number of employees
Employees	209	at 2019-12-31^d	Cons.	Number of employees
Revenue	¥7.1bn	2021-01-01 → 2021-12-31	Standalone	Net sales
Revenue	¥13.3bn	2020-01-01 → 2020-12-31	Standalone	Net sales
Revenue	¥8.8bn	2019-01-01 → 2019-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥7.5bn	2018-01-01 → 2018-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥5.6bn	2017-01-01 → 2017-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥1.6bn	2021-01-01 → 2021-12-31	Standalone	Operating income
Operating income	¥858m	2020-01-01 → 2020-12-31	Standalone	Operating income
Ordinary income	¥1.1bn	2021-01-01 → 2021-12-31	Standalone	Ordinary income
Ordinary income	¥202m	2020-01-01 → 2020-12-31	Standalone	Ordinary income
Ordinary income	¥519m	2019-01-01 → 2019-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥1.4bn	2018-01-01 → 2018-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥500m	2017-01-01 → 2017-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥725m	2021-01-01 → 2021-12-31	Standalone	Income before income taxes
Profit before tax	¥574m	2020-01-01 → 2020-12-31	Standalone	Income before income taxes
Net income	¥372m	2021-01-01 → 2021-12-31	Standalone	Profit loss
Net income	¥581m	2020-01-01 → 2020-12-31	Standalone	Profit loss
Net income	¥509m	2019-01-01 → 2019-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥607m	2018-01-01 → 2018-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥630m	2017-01-01 → 2017-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥52.7bn	at 2021-12-31	Standalone	Assets
Total assets	¥27.9bn	at 2020-12-31	Standalone	Assets
Total assets	¥25.3bn	at 2019-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥16.4bn	at 2018-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥13.2bn	at 2017-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥41.8bn	at 2021-12-31	Standalone	Liabilities
Total liabilities	¥21.7bn	at 2020-12-31	Standalone	Liabilities
Net assets / equity	¥10.9bn	at 2021-12-31	Standalone	Net assets
Net assets / equity	¥6.2bn	at 2020-12-31	Standalone	Net assets
Net assets / equity	¥4.6bn	at 2019-12-31^d	Standalone	Net assets
Net assets / equity	¥2.2bn	at 2018-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥1.6bn	at 2017-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥9.7bn	at 2021-12-31	Standalone	Cash and deposits
Cash and deposits	¥6.8bn	at 2020-12-31	Standalone	Cash and deposits
EPS (basic)	¥14.36	2021-01-01 → 2021-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥24.13	2020-01-01 → 2020-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥24.78	2019-01-01 → 2019-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥31.9	2018-01-01 → 2018-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥34.97	2017-01-01 → 2017-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥13.52	2021-01-01 → 2021-12-31	Standalone	Diluted earnings per share (5-year summary)
Net assets per share	¥383.43	at 2021-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥240.08	at 2020-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥199.39	at 2019-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥117.58	at 2018-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥82.16	at 2017-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	20.7%	at 2021-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	22.2%	at 2020-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	18.2%	at 2019-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	13.6%	at 2018-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	11.8%	at 2017-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	4.3%	2021-01-01 → 2021-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	10.8%	2020-01-01 → 2020-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	14.9%	2019-01-01 → 2019-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	31.9%	2018-01-01 → 2018-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	63.5%	2017-01-01 → 2017-12-31^d	Standalone	Rate of return on equity (5-year summary)
Shares issued	28,420,910	at 2021-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	25,812,000	at 2020-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	23,112,000	at 2019-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	19,022,000	at 2018-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	19,022,000	at 2017-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	248	at 2021-12-31	Standalone	Number of employees
Employees	211	at 2020-12-31	Standalone	Number of employees
Employees	183	at 2019-12-31^d	Standalone	Number of employees
Employees	147	at 2018-12-31^d	Standalone	Number of employees
Employees	117	at 2017-12-31^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 · 1,268

Item	Context	Value	Unit
Provision for bonuses sga	Prior1YearDuration	151000	JPY
Provision for bonuses sga	CurrentYearDuration	－	JPY
Cash and deposits	Prior1YearInstant_NonConsolidatedMember	6764045000	JPY
Cash and deposits	CurrentYearInstant_NonConsolidatedMember	9722283000	JPY
Accounts receivable trade	Prior1YearInstant_NonConsolidatedMember	492133000	JPY
Accounts receivable trade	CurrentYearInstant_NonConsolidatedMember	913624000	JPY
Operational investment securities ca	Prior1YearInstant_NonConsolidatedMember	10098805000	JPY
Operational investment securities ca	CurrentYearInstant_NonConsolidatedMember	18425067000	JPY
Power plant for sale ca	Prior1YearInstant_NonConsolidatedMember	2877582000	JPY
Power plant for sale ca	CurrentYearInstant_NonConsolidatedMember	9023011000	JPY
Power plant for sale in progress ca	Prior1YearInstant_NonConsolidatedMember	842460000	JPY
Power plant for sale in progress ca	CurrentYearInstant_NonConsolidatedMember	518957000	JPY
Supplies	Prior1YearInstant_NonConsolidatedMember	2006000	JPY
Supplies	CurrentYearInstant_NonConsolidatedMember	3219000	JPY
Costs on uncompleted construction contracts cns	Prior1YearInstant_NonConsolidatedMember	21691000	JPY
Costs on uncompleted construction contracts cns	CurrentYearInstant_NonConsolidatedMember	50072000	JPY
Advance payments trade	Prior1YearInstant_NonConsolidatedMember	74792000	JPY
Advance payments trade	CurrentYearInstant_NonConsolidatedMember	604332000	JPY
Prepaid expenses	Prior1YearInstant_NonConsolidatedMember	187434000	JPY
Prepaid expenses	CurrentYearInstant_NonConsolidatedMember	325674000	JPY
Advances paid	Prior1YearInstant_NonConsolidatedMember	287969000	JPY
Advances paid	CurrentYearInstant_NonConsolidatedMember	878514000	JPY
Short term loans receivable to subsidiaries and affiliates	Prior1YearInstant_NonConsolidatedMember	－	JPY
Short term loans receivable to subsidiaries and affiliates	CurrentYearInstant_NonConsolidatedMember	745000000	JPY
Other ca	Prior1YearInstant_NonConsolidatedMember	72090000	JPY
Other ca	CurrentYearInstant_NonConsolidatedMember	699161000	JPY
Allowance for doubtful accounts ca	Prior1YearInstant_NonConsolidatedMember	-3189000	JPY
Allowance for doubtful accounts ca	CurrentYearInstant_NonConsolidatedMember	－	JPY
Current assets	Prior1YearInstant_NonConsolidatedMember	21717822000	JPY
Current assets	CurrentYearInstant_NonConsolidatedMember	41908920000	JPY
Buildings and structures	Prior1YearInstant_NonConsolidatedMember	77657000	JPY
Buildings and structures	CurrentYearInstant_NonConsolidatedMember	153233000	JPY
Machinery and equipment	Prior1YearInstant_NonConsolidatedMember	4757000	JPY
Machinery and equipment	CurrentYearInstant_NonConsolidatedMember	24500000	JPY
Vehicles	Prior1YearInstant_NonConsolidatedMember	871000	JPY
Vehicles	CurrentYearInstant_NonConsolidatedMember	1227000	JPY
Tools furniture and fixtures	Prior1YearInstant_NonConsolidatedMember	74445000	JPY
Tools furniture and fixtures	CurrentYearInstant_NonConsolidatedMember	122194000	JPY
Land	Prior1YearInstant_NonConsolidatedMember	1433107000	JPY
Land	CurrentYearInstant_NonConsolidatedMember	2845300000	JPY
Lease assets ppe	Prior1YearInstant_NonConsolidatedMember	34557000	JPY
Lease assets ppe	CurrentYearInstant_NonConsolidatedMember	34557000	JPY
Construction in progress	Prior1YearInstant_NonConsolidatedMember	－	JPY
Construction in progress	CurrentYearInstant_NonConsolidatedMember	7810000	JPY
Accumulated depreciation ppe by group	Prior1YearInstant_NonConsolidatedMember	-86464000	JPY
Accumulated depreciation ppe by group	CurrentYearInstant_NonConsolidatedMember	-118283000	JPY
Property plant and equipment	Prior1YearInstant_NonConsolidatedMember	1538931000	JPY
Property plant and equipment	CurrentYearInstant_NonConsolidatedMember	3070540000	JPY
Right of trademark	Prior1YearInstant_NonConsolidatedMember	1618000	JPY
Right of trademark	CurrentYearInstant_NonConsolidatedMember	1421000	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 2020-12-31	pass
balance sheet identity	consolidated 2021-12-31	pass rounding
balance sheet identity	non_consolidated 2020-12-31	pass
balance sheet identity	non_consolidated 2021-12-31	pass rounding
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2019-12-31	pass
statement vs summary · net assets	consolidated 2020-12-31	pass
statement vs summary · net assets	consolidated 2021-12-31	pass
statement vs summary · net assets	non_consolidated 2019-12-31	pass
statement vs summary · net assets	non_consolidated 2020-12-31	pass
statement vs summary · net assets	non_consolidated 2021-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2020-01-01/2020-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2021-01-01/2021-12-31	pass
statement vs summary · operating cash flow	consolidated 2020-01-01/2020-12-31	pass
statement vs summary · operating cash flow	consolidated 2021-01-01/2021-12-31	pass
statement vs summary · revenue	consolidated 2020-01-01/2020-12-31	pass
statement vs summary · revenue	consolidated 2021-01-01/2021-12-31	pass
statement vs summary · revenue	non_consolidated 2020-01-01/2020-12-31	pass
statement vs summary · revenue	non_consolidated 2021-01-01/2021-12-31	pass
statement vs summary · total assets	consolidated 2020-12-31	pass
statement vs summary · total assets	consolidated 2021-12-31	pass
statement vs summary · total assets	non_consolidated 2020-12-31	pass
statement vs summary · total assets	non_consolidated 2021-12-31	pass