3,050
-0.33%
Close of 9 Nov 2026, in JPY
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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
¥2.86bn
FY2021FY2025
Net income
¥102.5m
FY2021FY2025
Free cash flow
¥45.5m
FY2021FY2025
Shareholders' equity
¥1.31bn
FY2021FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | ¥2.86bn | ¥2.57bn | ¥2.23bn | ¥1.68bn | ¥868.4m |
| Gross profit | ¥2.10bn | ¥1.88bn | ¥1.61bn | ¥1.22bn | ¥608.2m |
| Operating income | ¥225.9m | ¥217.1m | ¥262.4m | ¥49.4m | −¥302.9m |
| Net income | ¥102.5m | ¥100.3m | ¥201.0m | ¥62.9m | ¥40.6m |
| Diluted earnings per share | 103.29 | 101.14 | 296.83 | 63.38 | 40.90 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Total assets | ¥2.65bn | ¥2.41bn | ¥1.76bn | ¥1.87bn | ¥1.78bn |
| Cash and short-term investments | ¥1.39bn | ¥1.32bn | ¥862.2m | ¥935.0m | ¥819.2m |
| Total liabilities | ¥1.34bn | ¥1.16bn | ¥1.40bn | ¥1.71bn | ¥1.67bn |
| Debt | ¥830.8m | ¥749.0m | ¥986.8m | ¥1.34bn | ¥1.40bn |
| Shareholders' equity | ¥1.31bn | ¥1.25bn | ¥363.9m | ¥162.8m | ¥105.0m |
| Shares outstanding | 1m | 1m | 1m | 1m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Cash from operations | ¥290.3m | ¥209.0m | ¥373.0m | ¥389.0m | ¥28.7m |
| Capital spending | −¥244.8m | −¥241.6m | −¥72.1m | −¥191.8m | −¥176.7m |
| Free cash flow | ¥45.5m | −¥32.6m | ¥300.9m | ¥197.2m | −¥148.0m |
| Dividends paid | −¥39.6m | — | — | — | — |
Latest quarters
By quarter end
| Aug 2026 | May 2026 | Feb 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥760.7m | ¥835.3m | ¥797.2m | ¥722.8m | ¥713.9m | ¥712.6m | ¥712.6m | ¥648.2m |
| Gross profit | ¥558.6m | ¥614.2m | ¥578.0m | ¥530.7m | ¥518.3m | ¥523.9m | ¥523.9m | ¥477.2m |
| Operating income | ¥29.7m | ¥93.7m | ¥86.5m | ¥50.2m | ¥43.6m | ¥66.0m | ¥66.0m | ¥40.2m |
| Net income | ¥2.7m | ¥65.9m | ¥71.1m | −¥15.2m | ¥29.3m | ¥44.2m | ¥44.2m | ¥10.7m |
| Diluted earnings per share | 2.73 | 66.46 | 71.66 | -15.37 | 29.57 | 44.54 | 44.54 | 10.79 |
| Cash from operations | — | ¥105.0m | ¥105.0m | — | — | ¥83.0m | ¥83.0m | — |
| Capital spending | — | −¥2.0m | −¥2.0m | — | — | −¥58.0m | −¥58.0m | — |
| Free cash flow | — | ¥103.0m | ¥103.0m | — | — | ¥25.0m | ¥25.0m | — |
| Total assets | ¥2.73bn | ¥2.88bn | ¥2.60bn | ¥2.65bn | ¥2.62bn | ¥2.48bn | ¥2.48bn | ¥2.42bn |
| Cash and short-term investments | ¥1.46bn | ¥1.60bn | ¥1.38bn | ¥1.39bn | ¥1.42bn | ¥1.31bn | ¥1.31bn | ¥1.32bn |
| Debt | ¥247.1m | ¥929.8m | ¥187.7m | ¥830.8m | ¥213.4m | ¥729.8m | ¥162.8m | ¥164.1m |
| Shareholders' equity | ¥1.41bn | ¥1.41bn | ¥1.34bn | ¥1.31bn | ¥1.33bn | ¥1.30bn | ¥1.30bn | ¥1.25bn |
Financial ratios
Data as of 25 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Gross margin | 73.3% | 73.4% | 72.3% | 72.2% | 70.0% |
| Operating margin | 5.7% | 6.8% | 11.3% | 6.1% | 8.2% |
| Net margin | 3.6% | 3.9% | 9.0% | 3.7% | 4.7% |
| Return on equity | 7.8% | 8.0% | 55.2% | 38.6% | 38.6% |
| Return on assets | 3.9% | 4.2% | 11.4% | 3.4% | 2.3% |
| Free cash flow yield | 10.0% | 7.2% | 18.8% | — | — |
| Revenue growth | 11.5% | 15.4% | 32.1% | 93.9% | — |
| Earnings growth | 2.1% | -50.1% | 219.7% | 55.0% | — |
| Current ratio | 2.50x | 2.89x | 1.91x | 2.16x | 2.63x |
| Debt to equity | 0.63x | 0.60x | 2.71x | 8.26x | 13.34x |
| Equity ratio | 49.4% | 51.8% | 20.6% | 8.7% | 5.9% |
| Interest coverage | 17.33x | 20.90x | 23.22x | 8.91x | 6.15x |
| Buybacks as a share of market value | 0.0% | -46.5% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 19.5% | — | — |
| Operating income | 66.0% | — | — |
| Net income | 17.7% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 73.3% | 72.9% | — | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | |
|---|---|---|
| Price to earnings | 26.5 | 23.6 |
| Price to sales | 0.9 | 0.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 27 Nov 2025.
| FY2025 | |
|---|---|
| Paid in the year | 60.00 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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