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
Diluted earnings per share (5-year summary)	CurrentYearDuration	19.28
Equity to asset ratio (5-year summary)	Prior2YearInstant	0.0740
Equity to asset ratio (5-year summary)	Prior1YearInstant	0.0927
Equity to asset ratio (5-year summary)	CurrentYearInstant	0.0888
Rate of return on equity (5-year summary)	Prior2YearDuration	0.0835
Rate of return on equity (5-year summary)	Prior1YearDuration	0.0928
Rate of return on equity (5-year summary)	CurrentYearDuration	0.0642
Price earnings ratio (5-year summary)	Prior2YearDuration	－
Price earnings ratio (5-year summary)	Prior1YearDuration	－
Price earnings ratio (5-year summary)	CurrentYearDuration	83.49
Net cash provided by used in operating activities (5-year summary)	Prior2YearDuration	-12609543000	JPY
Net cash provided by used in operating activities (5-year summary)	Prior1YearDuration	-6729569000	JPY
Net cash provided by used in operating activities (5-year summary)	CurrentYearDuration	-18607274000	JPY
Net cash provided by used in investing activities (5-year summary)	Prior2YearDuration	-389925000	JPY
Net cash provided by used in investing activities (5-year summary)	Prior1YearDuration	-1323085000	JPY
Net cash provided by used in investing activities (5-year summary)	CurrentYearDuration	-4024468000	JPY
Net cash provided by used in financing activities (5-year summary)	Prior2YearDuration	20189100000	JPY
Net cash provided by used in financing activities (5-year summary)	Prior1YearDuration	7972609000	JPY
Net cash provided by used in financing activities (5-year summary)	CurrentYearDuration	28742931000	JPY
Cash and cash equivalents (5-year summary)	Prior2YearInstant	12205990000	JPY
Cash and cash equivalents (5-year summary)	Prior1YearInstant	12056085000	JPY
Cash and cash equivalents (5-year summary)	CurrentYearInstant	18159685000	JPY
Number of employees	Prior2YearInstant	209
Number of employees	Prior1YearInstant	234
Number of employees	CurrentYearInstant	269
Average number of temporary workers	Prior2YearInstant	－
Average number of temporary workers	Prior1YearInstant	－
Average number of temporary workers	CurrentYearInstant	－
Net sales (5-year summary)	Prior4YearDuration_NonConsolidatedMember	5643321000	JPY
Net sales (5-year summary)	Prior3YearDuration_NonConsolidatedMember	7456256000	JPY
Net sales (5-year summary)	Prior2YearDuration_NonConsolidatedMember	8754365000	JPY
Net sales (5-year summary)	Prior1YearDuration_NonConsolidatedMember	13324831000	JPY
Net sales (5-year summary)	CurrentYearDuration_NonConsolidatedMember	7055416000	JPY
Ordinary income loss (5-year summary)	Prior4YearDuration_NonConsolidatedMember	500115000	JPY
Ordinary income loss (5-year summary)	Prior3YearDuration_NonConsolidatedMember	1407236000	JPY
Ordinary income loss (5-year summary)	Prior2YearDuration_NonConsolidatedMember	518667000	JPY
Ordinary income loss (5-year summary)	Prior1YearDuration_NonConsolidatedMember	202455000	JPY
Ordinary income loss (5-year summary)	CurrentYearDuration_NonConsolidatedMember	1142844000	JPY
Net income loss (5-year summary)	Prior4YearDuration_NonConsolidatedMember	630360000	JPY
Net income loss (5-year summary)	Prior3YearDuration_NonConsolidatedMember	606888000	JPY
Net income loss (5-year summary)	Prior2YearDuration_NonConsolidatedMember	508890000	JPY
Net income loss (5-year summary)	Prior1YearDuration_NonConsolidatedMember	581402000	JPY
Net income loss (5-year summary)	CurrentYearDuration_NonConsolidatedMember	371676000	JPY
Capital stock (5-year summary)	Prior4YearInstant_NonConsolidatedMember	687725000	JPY
Capital stock (5-year summary)	Prior3YearInstant_NonConsolidatedMember	687725000	JPY
Capital stock (5-year summary)	Prior2YearInstant_NonConsolidatedMember	1607975000	JPY
Capital stock (5-year summary)	Prior1YearInstant_NonConsolidatedMember	2109525000	JPY
Capital stock (5-year summary)	CurrentYearInstant_NonConsolidatedMember	4273310000	JPY
Total number of issued shares (5-year summary)	Prior4YearInstant_NonConsolidatedMember	19022000
Total number of issued shares (5-year summary)	Prior3YearInstant_NonConsolidatedMember	19022000

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