H 
1,115
+15.54%
Close of 9 Nov 2026, in JPY
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in JPY, from our data supplier.
Revenue
¥2.37bn
FY2017FY2026
Net income
−¥28.0m
FY2017FY2026
Free cash flow
¥140.7m
FY2017FY2026
Shareholders' equity
¥690.1m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥2.37bn | ¥2.41bn | ¥2.52bn | ¥2.49bn | ¥2.60bn | ¥3.04bn | ¥3.23bn | ¥3.59bn | ¥3.87bn | ¥3.72bn |
| Gross profit | ¥519.2m | ¥550.1m | ¥552.0m | ¥664.4m | ¥684.5m | ¥647.1m | ¥610.2m | ¥674.6m | ¥608.3m | ¥582.9m |
| Research and development | — | ¥34.6m | ¥34.2m | ¥31.4m | ¥29.9m | ¥26.3m | ¥23.1m | ¥23.0m | ¥23.1m | ¥20.7m |
| Operating income | −¥22.3m | ¥38.1m | ¥32.7m | ¥135.2m | ¥148.1m | ¥106.3m | ¥24.6m | ¥46.5m | −¥63.5m | −¥183.2m |
| Net income | −¥28.0m | ¥24.7m | ¥20.0m | ¥110.4m | ¥142.2m | ¥108.3m | ¥28.9m | ¥44.6m | −¥64.3m | −¥409.5m |
| Diluted earnings per share | -36.69 | 32.45 | 26.27 | 144.88 | 186.74 | 142.19 | 38.00 | 58.59 | -84.43 | -537.53 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥1.10bn | ¥1.22bn | ¥1.12bn | ¥1.11bn | ¥1.08bn | ¥975.0m | ¥970.6m | ¥1.03bn | ¥813.7m | ¥821.2m |
| Cash and short-term investments | ¥405.6m | ¥306.1m | ¥351.5m | ¥577.9m | ¥505.0m | ¥407.8m | ¥265.5m | ¥293.1m | ¥198.1m | ¥301.0m |
| Total liabilities | ¥407.8m | ¥460.1m | ¥354.2m | ¥320.4m | ¥362.0m | ¥397.8m | ¥502.1m | ¥590.7m | ¥418.2m | ¥361.4m |
| Debt | — | ¥4.0m | ¥8.0m | ¥12.0m | ¥16.0m | ¥29.7m | ¥222.7m | ¥135.7m | ¥48.7m | ¥61.7m |
| Shareholders' equity | ¥690.1m | ¥756.2m | ¥769.6m | ¥787.7m | ¥719.4m | ¥577.2m | ¥468.5m | ¥439.8m | ¥395.5m | ¥459.9m |
| Shares outstanding | 1m | 1m | 1m | 1m | 1m | 1m | 1m | 1m | 1m | 1m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥155.2m | ¥16.1m | −¥159.8m | ¥122.8m | ¥128.6m | ¥352.4m | −¥97.3m | ¥12.9m | −¥76.5m | −¥165.7m |
| Capital spending | −¥14.6m | −¥21.1m | −¥27.7m | −¥6.2m | −¥25.5m | −¥22.6m | −¥16.2m | −¥8.7m | −¥12.0m | −¥43.1m |
| Free cash flow | ¥140.7m | −¥5.0m | −¥187.4m | ¥116.6m | ¥103.2m | ¥329.8m | −¥113.5m | ¥4.2m | −¥88.5m | −¥208.8m |
| Dividends paid | −¥37.9m | −¥38.0m | −¥37.9m | −¥41.7m | −¥41.0m | −¥41.0m | −¥41.0m | −¥3,000 | −¥11,000 | −¥24,000 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥370.8m | ¥745.5m | ¥940.8m | ¥315.4m | ¥373.2m | ¥767.0m | ¥946.4m | ¥326.1m |
| Gross profit | ¥91.5m | ¥158.5m | ¥190.5m | ¥78.6m | ¥97.6m | ¥156.5m | ¥202.5m | ¥93.5m |
| Operating income | −¥35.5m | ¥20.7m | ¥47.9m | −¥55.4m | −¥25.4m | ¥27.8m | ¥68.2m | −¥32.6m |
| Net income | −¥36.7m | ¥17.9m | ¥44.7m | −¥53.9m | −¥18.3m | ¥20.4m | ¥55.3m | −¥32.6m |
| Diluted earnings per share | -48.16 | 23.53 | 58.69 | -70.75 | -24.08 | 26.79 | 72.54 | -42.81 |
| Total assets | ¥1.10bn | ¥1.05bn | ¥1.51bn | ¥1.05bn | ¥1.22bn | ¥1.11bn | ¥1.49bn | ¥985.7m |
| Cash and short-term investments | ¥405.6m | ¥596.6m | ¥546.1m | ¥636.8m | ¥306.1m | ¥633.6m | ¥525.0m | ¥652.6m |
| Debt | — | ¥1.0m | ¥202.0m | ¥3.0m | ¥4.0m | ¥4.0m | ¥205.0m | ¥4.0m |
| Shareholders' equity | ¥690.1m | ¥726.8m | ¥708.9m | ¥664.2m | ¥756.2m | ¥774.6m | ¥754.0m | ¥699.0m |
Financial ratios
Data as of 3 Nov 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 21.9% | 22.8% | 21.9% | 26.7% | 26.3% | 21.3% | — |
| Operating margin | -0.9% | 1.6% | 1.3% | 5.4% | 5.7% | 3.5% | — |
| Net margin | -1.2% | 1.0% | 0.8% | 4.4% | 5.5% | 3.6% | — |
| Return on equity | -4.1% | 3.3% | 2.6% | 14.0% | 19.8% | 18.8% | — |
| Return on assets | -2.5% | 2.0% | 1.8% | 10.0% | 13.2% | 11.1% | — |
| Free cash flow yield | 21.9% | 4.8% | -17.1% | 16.6% | 19.9% | 48.4% | — |
| Revenue growth | -1.7% | -4.2% | 1.2% | -4.4% | -14.3% | -5.9% | — |
| Earnings growth | -213.1% | 23.5% | -81.9% | -22.4% | 31.3% | 274.1% | — |
| Current ratio | 4.00x | 5.91x | 4.80x | 5.51x | 4.26x | 3.32x | — |
| Debt to equity | — | 0.01x | 0.01x | 0.02x | 0.02x | 0.05x | 0.48x |
| Equity ratio | 62.9% | 62.2% | 68.5% | 71.1% | 66.5% | 59.2% | — |
| Interest coverage | -59.57x | 212.66x | 347.91x | 1710.28x | 1254.44x | 983.58x | — |
| R&D as a share of sales | — | 1.4% | 1.4% | 1.3% | 1.1% | 0.9% | 0.7% |
| Buybacks as a share of market value | -0.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -1.6% | -4.8% | -6.2% |
| Operating income | — | — | -10.1% |
| Net income | — | — | -12.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 22.3% | 23.3% | 23.4% | 19.9% |
| Operating margin | 0.3% | 1.9% | 2.8% | 0.6% |
| Net margin | -0.1% | 1.3% | 2.4% | -0.4% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -26.3 | 55.3 | 68.4 | 15.6 | 9.3 | 6.5 | 24.9 | 28.6 | -9.6 | -1.8 |
| Price to sales | 0.3 | 0.6 | 0.5 | 0.7 | 0.5 | 0.2 | 0.2 | 0.4 | 0.2 | 0.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 27 Jun 2025.
| FY2025 | FY2024 | FY2023 | FY2016 | FY2015 | FY2013 | FY2012 | FY2011 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 100.00 | 50.00 | 50.00 | 15.00 | 40.00 | 25.00 | 65.00 | 65.00 |
- 100-for-1 split · 26 Dec 2013
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.