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
Redemption of bonds fin cf	Prior1YearDuration	-1234000000	JPY
Redemption of bonds fin cf	CurrentYearDuration	-148000000	JPY
Proceeds from issuance of common stock fin cf	Prior1YearDuration	708000000	JPY
Proceeds from issuance of common stock fin cf	CurrentYearDuration	44000000	JPY
Proceeds from issuance of subscription rights to shares fin cf	Prior1YearDuration	－	JPY
Proceeds from issuance of subscription rights to shares fin cf	CurrentYearDuration	0	JPY
Purchase of treasury stock fin cf	Prior1YearDuration	-0	JPY
Purchase of treasury stock fin cf	CurrentYearDuration	-0	JPY
Repayments of lease obligations fin cf	Prior1YearDuration	-15000000	JPY
Repayments of lease obligations fin cf	CurrentYearDuration	-12000000	JPY
Repayments to non controlling shareholders fin cf	Prior1YearDuration	-34000000	JPY
Repayments to non controlling shareholders fin cf	CurrentYearDuration	-11000000	JPY
Purchase of shares of subsidiaries not resulting in change in scope of consolidation etc fin cf	Prior1YearDuration	-6813000000	JPY
Purchase of shares of subsidiaries not resulting in change in scope of consolidation etc fin cf	CurrentYearDuration	-61000000	JPY
Net cash provided by used in financing activities	Prior1YearDuration	12101000000	JPY
Net cash provided by used in financing activities	CurrentYearDuration	-1468000000	JPY
Effect of exchange rate change on cash and cash equivalents	Prior1YearDuration	-131000000	JPY
Effect of exchange rate change on cash and cash equivalents	CurrentYearDuration	-11000000	JPY
Net increase decrease in cash and cash equivalents	Prior1YearDuration	-3646000000	JPY
Net increase decrease in cash and cash equivalents	CurrentYearDuration	-995000000	JPY
Cash and cash equivalents	Prior2YearInstant	18159000000	JPY
Cash and cash equivalents	Prior1YearInstant	14444000000	JPY
Increase in cash and cash equivalents from newly consolidated subsidiary cce	Prior1YearDuration	0	JPY
Increase in cash and cash equivalents from newly consolidated subsidiary cce	CurrentYearDuration	95000000	JPY
Decrease in cash and cash equivalents resulting from exclusion of subsidiaries from consolidation cce	Prior1YearDuration	-69000000	JPY
Decrease in cash and cash equivalents resulting from exclusion of subsidiaries from consolidation cce	CurrentYearDuration	-140000000	JPY
Cash and cash equivalents	Prior1YearInstant	14444000000	JPY
Cash and cash equivalents	CurrentYearInstant	13404000000	JPY
Number of consolidated subsidiaries	CurrentYearInstant	24
Number of associates accounted for using equity method	CurrentYearInstant	4
Salaries and allowances sga	Prior1YearDuration	1719000	JPY
Salaries and allowances sga	CurrentYearDuration	1672000	JPY
Retirement benefit expenses sga	Prior1YearDuration	53000	JPY
Retirement benefit expenses sga	CurrentYearDuration	49000	JPY
Fee expenses sga	Prior1YearDuration	609000	JPY
Fee expenses sga	CurrentYearDuration	288000	JPY
Cash and deposits	Prior1YearInstant_NonConsolidatedMember	5589000000	JPY
Cash and deposits	CurrentYearInstant_NonConsolidatedMember	5590000000	JPY
Accounts receivable trade and contract assets ca	Prior1YearInstant_NonConsolidatedMember	1226000000	JPY
Accounts receivable trade and contract assets ca	CurrentYearInstant_NonConsolidatedMember	982000000	JPY
Operational investment securities ca	Prior1YearInstant_NonConsolidatedMember	1266000000	JPY
Operational investment securities ca	CurrentYearInstant_NonConsolidatedMember	7219000000	JPY
Power plant for sale ca	Prior1YearInstant_NonConsolidatedMember	8336000000	JPY
Power plant for sale ca	CurrentYearInstant_NonConsolidatedMember	3866000000	JPY
Advance payments trade	Prior1YearInstant_NonConsolidatedMember	88000000	JPY
Advance payments trade	CurrentYearInstant_NonConsolidatedMember	89000000	JPY
Prepaid expenses	Prior1YearInstant_NonConsolidatedMember	278000000	JPY
Prepaid expenses	CurrentYearInstant_NonConsolidatedMember	269000000	JPY
Advances paid	Prior1YearInstant_NonConsolidatedMember	1973000000	JPY
Advances paid	CurrentYearInstant_NonConsolidatedMember	2387000000	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