S
900
+4.41%
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
¥12.42bn
FY2022FY2026
Net income
¥631.4m
FY2022FY2026
Free cash flow
¥1.75bn
FY2022FY2026
Shareholders' equity
¥11.33bn
FY2022FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥12.42bn | ¥8.99bn | ¥7.93bn | ¥6.30bn | ¥5.45bn |
| Gross profit | ¥6.14bn | ¥5.03bn | ¥4.49bn | ¥3.27bn | ¥2.73bn |
| Research and development | — | ¥17.6m | ¥36.3m | — | ¥1.6m |
| Operating income | ¥871.3m | ¥656.5m | ¥727.3m | ¥101.4m | ¥501.1m |
| Net income | ¥631.4m | ¥352.7m | ¥485.6m | ¥70.9m | ¥337.2m |
| Diluted earnings per share | 13.44 | 7.56 | 10.75 | 1.51 | 7.18 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Total assets | ¥15.50bn | ¥13.41bn | ¥10.92bn | ¥5.66bn | ¥5.63bn |
| Cash and short-term investments | ¥9.27bn | ¥8.92bn | ¥7.70bn | ¥3.53bn | ¥1.62bn |
| Total liabilities | ¥3.75bn | ¥3.06bn | ¥2.52bn | ¥1.70bn | ¥1.79bn |
| Debt | ¥767.5m | ¥950.2m | ¥25.2m | ¥24.6m | ¥41.1m |
| Shareholders' equity | ¥11.33bn | ¥10.32bn | ¥8.40bn | ¥3.96bn | ¥3.84bn |
| Shares outstanding | 47m | 47m | 45m | 47m | 47m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Cash from operations | ¥1.76bn | −¥728.7m | ¥456.2m | −¥222.7m | ¥219.1m |
| Capital spending | −¥12.8m | −¥17.4m | −¥17.7m | −¥47.1m | −¥14.7m |
| Free cash flow | ¥1.75bn | −¥746.1m | ¥438.6m | −¥269.7m | ¥204.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥3.38bn | ¥4.00bn | ¥3.43bn | ¥2.76bn | ¥2.23bn | ¥3.29bn | ¥2.04bn | ¥1.78bn |
| Gross profit | ¥1.59bn | ¥1.75bn | ¥1.76bn | ¥1.41bn | ¥1.22bn | ¥1.75bn | ¥1.14bn | ¥1.03bn |
| Operating income | ¥215.8m | ¥225.5m | ¥334.7m | ¥183.7m | ¥127.5m | ¥533.0m | ¥21.3m | ¥7.8m |
| Net income | ¥172.0m | ¥122.3m | ¥275.5m | ¥121.2m | ¥112.5m | ¥516.6m | −¥208.0m | ¥41.3m |
| Diluted earnings per share | 3.66 | 2.60 | 5.90 | 2.60 | 2.41 | 11.07 | -4.61 | 0.92 |
| Total assets | ¥15.28bn | ¥15.50bn | ¥14.42bn | ¥13.62bn | ¥12.88bn | ¥13.41bn | ¥12.49bn | ¥11.33bn |
| Cash and short-term investments | ¥9.26bn | ¥9.27bn | ¥8.20bn | ¥7.77bn | ¥9.22bn | ¥8.92bn | ¥9.32bn | ¥8.56bn |
| Debt | ¥261.7m | ¥699.5m | ¥252.8m | ¥819.2m | ¥259.7m | ¥950.2m | ¥263.2m | ¥11.0m |
| Shareholders' equity | ¥11.57bn | ¥11.33bn | ¥11.05bn | ¥10.62bn | ¥10.42bn | ¥10.32bn | ¥9.84bn | ¥9.84bn |
Financial ratios
Data as of 17 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Gross margin | 49.4% | 56.0% | 56.7% | 51.9% | 50.0% |
| Operating margin | 7.0% | 7.3% | 9.2% | 1.6% | 9.2% |
| Net margin | 5.1% | 3.9% | 6.1% | 1.1% | 6.2% |
| Return on equity | 5.6% | 3.4% | 5.8% | 1.8% | 8.8% |
| Return on assets | 4.1% | 2.6% | 4.4% | 1.3% | 6.0% |
| Free cash flow yield | 3.8% | -1.6% | 1.1% | — | — |
| Revenue growth | 38.1% | 13.4% | 25.9% | 15.6% | — |
| Earnings growth | 79.0% | -27.4% | 585.1% | -79.0% | — |
| Current ratio | 3.98x | 5.31x | 4.10x | 3.08x | 2.93x |
| Debt to equity | 0.06x | 0.09x | 0.00x | 0.00x | 0.00x |
| Equity ratio | 73.1% | 76.9% | 76.9% | 70.0% | 68.2% |
| Interest coverage | 85.95x | 123.83x | 114.43x | 14.03x | 57.68x |
| R&D as a share of sales | — | 0.2% | 0.5% | — | 0.0% |
| Buybacks as a share of market value | -0.7% | -3.4% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 25.4% | — | — |
| Operating income | 104.8% | — | — |
| Net income | 107.3% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 52.2% | 53.1% | — | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | |
|---|---|---|---|
| Price to earnings | 66.8 | 163.9 | 98.0 |
| Price to sales | 3.4 | 6.4 | 6.0 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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