Annual report

Period2023-01-01 → 2023-12-31

Filed2024-03-29

StandardJapan GAAP

ConsolidatedYes

Data checks24 of 24 passed

Key figures · 148

Metric	Value	Period	Scope	Source row
Revenue	¥33.6bn	2023-01-01 → 2023-12-31	Cons.	Net sales
Revenue	¥17.7bn	2022-01-01 → 2022-12-31	Cons.	Net sales
Revenue	¥15.9bn	2021-01-01 → 2021-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥22.3bn	2020-01-01 → 2020-12-31^d	Cons.	Net sales (5-year summary)
Revenue	¥20.6bn	2019-01-01 → 2019-12-31^d	Cons.	Net sales (5-year summary)
Operating income	¥3.6bn	2023-01-01 → 2023-12-31	Cons.	Operating income
Operating income	¥1.3bn	2022-01-01 → 2022-12-31	Cons.	Operating income
Ordinary income	¥2.0bn	2023-01-01 → 2023-12-31	Cons.	Ordinary income
Ordinary income	−¥1.4bn	2022-01-01 → 2022-12-31	Cons.	Ordinary income
Ordinary income	¥990m	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥731m	2020-01-01 → 2020-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	¥315m	2019-01-01 → 2019-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	¥2.0bn	2023-01-01 → 2023-12-31	Cons.	Income before income taxes
Profit before tax	−¥1.3bn	2022-01-01 → 2022-12-31	Cons.	Income before income taxes
Net income (owners)	¥1.1bn	2023-01-01 → 2023-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥1.5bn	2022-01-01 → 2022-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	¥529m	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥462m	2020-01-01 → 2020-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	¥250m	2019-01-01 → 2019-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	¥1.2bn	2023-01-01 → 2023-12-31	Cons.	Profit loss
Net income	−¥1.5bn	2022-01-01 → 2022-12-31	Cons.	Profit loss
Total assets	¥159.1bn	at 2023-12-31	Cons.	Assets
Total assets	¥166.7bn	at 2022-12-31	Cons.	Assets
Total assets	¥119.8bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥63.4bn	at 2020-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥55.4bn	at 2019-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥145.0bn	at 2023-12-31	Cons.	Liabilities
Total liabilities	¥154.1bn	at 2022-12-31	Cons.	Liabilities
Net assets / equity	¥14.1bn	at 2023-12-31	Cons.	Net assets
Net assets / equity	¥12.6bn	at 2022-12-31	Cons.	Net assets
Net assets / equity	¥14.1bn	at 2021-12-31^d	Cons.	Net assets
Net assets / equity	¥6.3bn	at 2020-12-31^d	Cons.	Net assets (5-year summary)
Net assets / equity	¥4.6bn	at 2019-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥13.4bn	at 2023-12-31	Cons.	Cash and deposits
Cash and deposits	¥14.4bn	at 2022-12-31	Cons.	Cash and deposits
Cash & equivalents	¥13.4bn	at 2023-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥14.4bn	at 2022-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥18.2bn	at 2021-12-31^d	Cons.	Cash and cash equivalents
Cash & equivalents	¥12.1bn	at 2020-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥12.2bn	at 2019-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	¥3.7bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	¥1.9bn	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥18.6bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥6.7bn	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
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	−¥3.2bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥17.5bn	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥4.0bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥1.3bn	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥389m	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	−¥1.5bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥12.1bn	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥28.7bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥8.0bn	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
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)	¥36.85	2023-01-01 → 2023-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-52.7	2022-01-01 → 2022-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥20.47	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥19.2	2020-01-01 → 2020-12-31^d	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)	¥36.03	2023-01-01 → 2023-12-31	Cons.	Diluted earnings per share (5-year summary)
EPS (diluted)	¥19.28	2021-01-01 → 2021-12-31^d	Cons.	Diluted earnings per share (5-year summary)
Net assets per share	¥360.7	at 2023-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥318.63	at 2022-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥374.03	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥227.65	at 2020-12-31^d	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	6.8%	at 2023-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	5.6%	at 2022-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	8.9%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	9.3%	at 2020-12-31^d	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	10.9%	2023-01-01 → 2023-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	-15.3%	2022-01-01 → 2022-12-31	Cons.	Rate of return on equity (5-year summary)
ROE	6.4%	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)
ROE	8.3%	2019-01-01 → 2019-12-31^d	Cons.	Rate of return on equity (5-year summary)
Employees	297	at 2023-12-31	Cons.	Number of employees
Employees	266	at 2022-12-31	Cons.	Number of employees
Employees	269	at 2021-12-31^d	Cons.	Number of employees
Employees	234	at 2020-12-31^d	Cons.	Number of employees
Employees	209	at 2019-12-31^d	Cons.	Number of employees
Revenue	¥16.5bn	2023-01-01 → 2023-12-31	Standalone	Net sales
Revenue	¥10.2bn	2022-01-01 → 2022-12-31	Standalone	Net sales
Revenue	¥7.1bn	2021-01-01 → 2021-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥13.3bn	2020-01-01 → 2020-12-31^d	Standalone	Net sales (5-year summary)
Revenue	¥8.8bn	2019-01-01 → 2019-12-31^d	Standalone	Net sales (5-year summary)
Operating income	¥1.2bn	2023-01-01 → 2023-12-31	Standalone	Operating income
Operating income	¥3.9bn	2022-01-01 → 2022-12-31	Standalone	Operating income
Ordinary income	¥2.1bn	2023-01-01 → 2023-12-31	Standalone	Ordinary income
Ordinary income	¥2.1bn	2022-01-01 → 2022-12-31	Standalone	Ordinary income
Ordinary income	¥1.1bn	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥202m	2020-01-01 → 2020-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	¥518m	2019-01-01 → 2019-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥2.1bn	2023-01-01 → 2023-12-31	Standalone	Income before income taxes
Profit before tax	¥2.3bn	2022-01-01 → 2022-12-31	Standalone	Income before income taxes
Net income	¥1.5bn	2023-01-01 → 2023-12-31	Standalone	Profit loss
Net income	¥1.2bn	2022-01-01 → 2022-12-31	Standalone	Profit loss
Net income	¥371m	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥581m	2020-01-01 → 2020-12-31^d	Standalone	Net income loss (5-year summary)
Net income	¥508m	2019-01-01 → 2019-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥74.8bn	at 2023-12-31	Standalone	Assets
Total assets	¥70.3bn	at 2022-12-31	Standalone	Assets
Total assets	¥52.7bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥27.9bn	at 2020-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥25.3bn	at 2019-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥60.4bn	at 2023-12-31	Standalone	Liabilities
Total liabilities	¥57.5bn	at 2022-12-31	Standalone	Liabilities
Net assets / equity	¥14.4bn	at 2023-12-31	Standalone	Net assets
Net assets / equity	¥12.8bn	at 2022-12-31	Standalone	Net assets
Net assets / equity	¥10.9bn	at 2021-12-31^d	Standalone	Net assets
Net assets / equity	¥6.2bn	at 2020-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥4.6bn	at 2019-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥5.6bn	at 2023-12-31	Standalone	Cash and deposits
Cash and deposits	¥5.6bn	at 2022-12-31	Standalone	Cash and deposits
EPS (basic)	¥51.22	2023-01-01 → 2023-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥42.23	2022-01-01 → 2022-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥14.36	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥24.13	2020-01-01 → 2020-12-31^d	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 (diluted)	¥50.08	2023-01-01 → 2023-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥40.43	2022-01-01 → 2022-12-31	Standalone	Diluted earnings per share (5-year summary)
EPS (diluted)	¥13.52	2021-01-01 → 2021-12-31^d	Standalone	Diluted earnings per share (5-year summary)
Net assets per share	¥483.17	at 2023-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥439.22	at 2022-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥383.43	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥240.08	at 2020-12-31^d	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)
Equity ratio	19.2%	at 2023-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	18.2%	at 2022-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	20.7%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	22.2%	at 2020-12-31^d	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)
ROE	11.1%	2023-01-01 → 2023-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	2.0%	2022-01-01 → 2022-12-31	Standalone	Rate of return on equity (5-year summary)
ROE	4.3%	2021-01-01 → 2021-12-31^d	Standalone	Rate of return on equity (5-year summary)
ROE	10.8%	2020-01-01 → 2020-12-31^d	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)
Shares issued	29,754,180	at 2023-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	29,168,370	at 2022-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	28,420,910	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	25,812,000	at 2020-12-31^d	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)
Employees	280	at 2023-12-31	Standalone	Number of employees
Employees	241	at 2022-12-31	Standalone	Number of employees
Employees	248	at 2021-12-31^d	Standalone	Number of employees
Employees	211	at 2020-12-31^d	Standalone	Number of employees
Employees	183	at 2019-12-31^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 · 1,390

Item	Context	Value	Unit
Net changes of items other than shareholders equity	CurrentYearDuration_NonControllingInterestsMember	75000000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration	389000000	JPY
Total changes of items during the period	CurrentYearDuration_ValuationDifferenceOnAvailableForSaleSecuritiesMember	－	JPY
Total changes of items during the period	CurrentYearDuration_ForeignCurrencyTranslationAdjustmentMember	314000000	JPY
Total changes of items during the period	CurrentYearDuration_ValuationAndTranslationAdjustmentsMember	314000000	JPY
Total changes of items during the period	CurrentYearDuration_SubscriptionRightsToSharesMember	7000000	JPY
Total changes of items during the period	CurrentYearDuration_NonControllingInterestsMember	75000000	JPY
Total changes of items during the period	CurrentYearDuration	1520000000	JPY
Net assets	CurrentYearInstant_ValuationDifferenceOnAvailableForSaleSecuritiesMember	－	JPY
Net assets	CurrentYearInstant_ForeignCurrencyTranslationAdjustmentMember	307000000	JPY
Net assets	CurrentYearInstant_ValuationAndTranslationAdjustmentsMember	307000000	JPY
Net assets	CurrentYearInstant_SubscriptionRightsToSharesMember	7000000	JPY
Net assets	CurrentYearInstant_NonControllingInterestsMember	3389000000	JPY
Net assets	CurrentYearInstant	14129000000	JPY
Income before income taxes	Prior1YearDuration	-1270000000	JPY
Income before income taxes	CurrentYearDuration	1979000000	JPY
Amortization of goodwill ope cf	Prior1YearDuration	87000000	JPY
Amortization of goodwill ope cf	CurrentYearDuration	87000000	JPY
Amortization of customer related assets ope cf	Prior1YearDuration	62000000	JPY
Amortization of customer related assets ope cf	CurrentYearDuration	62000000	JPY
Depreciation and amortization ope cf	Prior1YearDuration	5968000000	JPY
Depreciation and amortization ope cf	CurrentYearDuration	8311000000	JPY
Interest expenses ope cf	Prior1YearDuration	1701000000	JPY
Interest expenses ope cf	CurrentYearDuration	2023000000	JPY
Decrease increase in investment securities for sale ope cf	Prior1YearDuration	1341000000	JPY
Decrease increase in investment securities for sale ope cf	CurrentYearDuration	-405000000	JPY
Decrease increase in notes and accounts receivable trade ope cf	Prior1YearDuration	458000000	JPY
Decrease increase in notes and accounts receivable trade ope cf	CurrentYearDuration	21000000	JPY
Decrease increase in inventories ope cf	Prior1YearDuration	-8165000000	JPY
Decrease increase in inventories ope cf	CurrentYearDuration	237000000	JPY
Decrease increase in advances paid ope cf	Prior1YearDuration	-905000000	JPY
Decrease increase in advances paid ope cf	CurrentYearDuration	14000000	JPY
Decrease increase in advance payments ope cf	Prior1YearDuration	489000000	JPY
Decrease increase in advance payments ope cf	CurrentYearDuration	34000000	JPY
Decrease increase in prepaid expenses ope cf	Prior1YearDuration	709000000	JPY
Decrease increase in prepaid expenses ope cf	CurrentYearDuration	-910000000	JPY
Decrease increase in long term prepaid expenses ope cf	Prior1YearDuration	-819000000	JPY
Decrease increase in long term prepaid expenses ope cf	CurrentYearDuration	1155000000	JPY
Increase decrease in notes and accounts payable trade ope cf	Prior1YearDuration	-1461000000	JPY
Increase decrease in notes and accounts payable trade ope cf	CurrentYearDuration	227000000	JPY
Decrease increase in consumption taxes refund receivable ope cf	Prior1YearDuration	1441000000	JPY
Decrease increase in consumption taxes refund receivable ope cf	CurrentYearDuration	1152000000	JPY
Increase decrease in accounts payable other ope cf	Prior1YearDuration	-174000000	JPY
Increase decrease in accounts payable other ope cf	CurrentYearDuration	-221000000	JPY
Increase decrease in accrued consumption taxes ope cf	Prior1YearDuration	1977000000	JPY
Increase decrease in accrued consumption taxes ope cf	CurrentYearDuration	-482000000	JPY
Increase decrease in long term accounts payable other ope cf	Prior1YearDuration	3074000000	JPY
Increase decrease in long term accounts payable other ope cf	CurrentYearDuration	-3127000000	JPY
Increase decrease in other current liabilities ope cf	Prior1YearDuration	61000000	JPY
Increase decrease in other current liabilities ope cf	CurrentYearDuration	104000000	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 2022-12-31	pass rounding
balance sheet identity	consolidated 2023-12-31	pass rounding
balance sheet identity	non_consolidated 2022-12-31	pass
balance sheet identity	non_consolidated 2023-12-31	pass
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2021-12-31	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	non_consolidated 2021-12-31	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 income attributable to parent	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · operating cash flow	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · operating cash flow	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · revenue	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · revenue	non_consolidated 2022-01-01/2022-12-31	pass
statement vs summary · revenue	non_consolidated 2023-01-01/2023-12-31	pass
statement vs summary · total assets	consolidated 2022-12-31	pass
statement vs summary · total assets	consolidated 2023-12-31	pass
statement vs summary · total assets	non_consolidated 2022-12-31	pass
statement vs summary · total assets	non_consolidated 2023-12-31	pass