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
Investments and other assets	CurrentYearInstant	3583906000	JPY
Noncurrent assets	Prior1YearInstant	5369039000	JPY
Noncurrent assets	CurrentYearInstant	12166769000	JPY
Assets	Prior1YearInstant	63392900000	JPY
Assets	CurrentYearInstant	119766011000	JPY
Accounts payable trade	Prior1YearInstant	255092000	JPY
Accounts payable trade	CurrentYearInstant	1612415000	JPY
Short term loans payable	Prior1YearInstant	4398000000	JPY
Short term loans payable	CurrentYearInstant	3969250000	JPY
Current portion of bonds	Prior1YearInstant	494000000	JPY
Current portion of bonds	CurrentYearInstant	194000000	JPY
Current portion of long term loans payable	Prior1YearInstant	4131235000	JPY
Current portion of long term loans payable	CurrentYearInstant	11376850000	JPY
Current portion of non recourse borrowings cl	Prior1YearInstant	983950000	JPY
Current portion of non recourse borrowings cl	CurrentYearInstant	4596236000	JPY
Lease obligations cl	Prior1YearInstant	5180000	JPY
Lease obligations cl	CurrentYearInstant	16638000	JPY
Accounts payable other	Prior1YearInstant	764122000	JPY
Accounts payable other	CurrentYearInstant	1392006000	JPY
Income taxes payable	Prior1YearInstant	548346000	JPY
Income taxes payable	CurrentYearInstant	364445000	JPY
Provision for bonuses	Prior1YearInstant	1026000	JPY
Provision for bonuses	CurrentYearInstant	－	JPY
Provision for loss on business liquidation cl	Prior1YearInstant	－	JPY
Provision for loss on business liquidation cl	CurrentYearInstant	26462000	JPY
Other cl	Prior1YearInstant	1061157000	JPY
Other cl	CurrentYearInstant	748601000	JPY
Current liabilities	Prior1YearInstant	12642111000	JPY
Current liabilities	CurrentYearInstant	24296907000	JPY
Bonds payable	Prior1YearInstant	2437293000	JPY
Bonds payable	CurrentYearInstant	2288000000	JPY
Long term loans payable	Prior1YearInstant	15961963000	JPY
Long term loans payable	CurrentYearInstant	28482816000	JPY
Long term non recourse borrowings ncl	Prior1YearInstant	25423919000	JPY
Long term non recourse borrowings ncl	CurrentYearInstant	48497810000	JPY
Lease obligations ncl	Prior1YearInstant	7385000	JPY
Lease obligations ncl	CurrentYearInstant	155588000	JPY
Provision for repairs ncl	Prior1YearInstant	－	JPY
Provision for repairs ncl	CurrentYearInstant	145404000	JPY
Other ncl	Prior1YearInstant	604300000	JPY
Other ncl	CurrentYearInstant	1801668000	JPY
Noncurrent liabilities	Prior1YearInstant	44434861000	JPY
Noncurrent liabilities	CurrentYearInstant	81371287000	JPY
Liabilities	Prior1YearInstant	57076973000	JPY
Liabilities	CurrentYearInstant	105668195000	JPY
Capital stock	Prior1YearInstant	2109525000	JPY
Capital stock	CurrentYearInstant	4273310000	JPY
Capital surplus	Prior1YearInstant	2517968000	JPY
Capital surplus	CurrentYearInstant	4586753000	JPY
Retained earnings	Prior1YearInstant	1223817000	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