M 
305
-0.65%
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
¥366.1m
FY2022FY2026
Net income
−¥179.1m
FY2022FY2026
Free cash flow
−¥110.5m
FY2022FY2026
Shareholders' equity
¥536.5m
FY2022FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥366.1m | ¥289.9m | ¥628.7m | ¥501.3m | ¥290.5m |
| Gross profit | ¥157.7m | ¥88.7m | ¥423.4m | ¥377.7m | ¥194.6m |
| Operating income | −¥171.7m | −¥296.9m | ¥146.5m | ¥111.5m | −¥59.6m |
| Net income | −¥179.1m | −¥318.0m | ¥118.4m | ¥93.3m | −¥60.2m |
| Diluted earnings per share | -52.48 | -93.17 | 52.67 | 27.32 | -17.64 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Total assets | ¥619.0m | ¥219.7m | ¥454.2m | ¥369.7m | ¥192.7m |
| Cash and short-term investments | ¥459.9m | ¥30.0m | ¥141.6m | ¥123.4m | ¥50.2m |
| Total liabilities | ¥82.5m | ¥84.3m | ¥164.8m | ¥198.7m | ¥114.9m |
| Debt | ¥17.8m | ¥37.8m | ¥62.3m | ¥97.2m | ¥44.2m |
| Shareholders' equity | ¥536.5m | ¥135.4m | ¥289.5m | ¥171.1m | ¥77.8m |
| Shares outstanding | 3m | 3m | 2m | 3m | 3m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Cash from operations | −¥108.1m | −¥218.4m | ¥63.8m | ¥24.1m | −¥56.9m |
| Capital spending | −¥2.4m | −¥13.0m | −¥4.8m | −¥3.9m | −¥2.6m |
| Free cash flow | −¥110.5m | −¥231.4m | ¥59.0m | ¥20.2m | −¥59.6m |
Latest quarters
By quarter end
| Jul 2026 | Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥76.9m | ¥112.1m | ¥115.1m | ¥81.7m | ¥57.3m | ¥94.3m | ¥71.5m | ¥71.3m |
| Gross profit | ¥30.8m | ¥55.2m | ¥63.2m | ¥33.5m | ¥5.9m | ¥60.4m | ¥14.9m | ¥14.3m |
| Operating income | −¥44.3m | −¥31.7m | −¥17.5m | −¥44.8m | −¥77.7m | −¥51.8m | −¥87.5m | −¥75.4m |
| Net income | −¥44.3m | −¥31.4m | −¥17.7m | −¥44.7m | −¥85.3m | −¥57.9m | −¥142.6m | −¥53.7m |
| Diluted earnings per share | -12.99 | -9.19 | -5.20 | -13.10 | -24.99 | -16.95 | -41.79 | -23.89 |
| Cash from operations | — | — | — | −¥83.0m | — | −¥154.0m | — | −¥63.0m |
| Capital spending | — | — | — | −¥10.0m | — | −¥12.0m | — | — |
| Free cash flow | — | — | — | −¥93.0m | — | −¥166.0m | — | — |
| Total assets | ¥567.2m | ¥619.0m | ¥664.8m | ¥660.7m | ¥710.4m | ¥219.7m | ¥288.0m | ¥430.8m |
| Cash and short-term investments | ¥449.7m | ¥459.9m | ¥487.1m | ¥494.8m | ¥540.6m | ¥30.0m | ¥103.2m | ¥206.2m |
| Debt | ¥13.8m | ¥17.8m | ¥16.0m | ¥26.8m | ¥18.5m | ¥37.8m | ¥20.2m | ¥48.8m |
| Shareholders' equity | ¥492.1m | ¥536.5m | ¥567.8m | ¥585.6m | ¥628.4m | ¥135.4m | ¥192.4m | ¥332.6m |
Financial ratios
Data as of 4 Nov 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Gross margin | 43.1% | 30.6% | 67.3% | 75.3% | 67.0% |
| Operating margin | -46.9% | -102.4% | 23.3% | 22.2% | -16.4% |
| Net margin | -48.9% | -109.7% | 18.8% | 18.6% | -20.7% |
| Return on equity | -33.4% | -234.9% | 40.9% | 54.5% | -77.4% |
| Return on assets | -28.9% | -144.8% | 26.1% | 25.2% | -31.2% |
| Free cash flow yield | -10.4% | -21.0% | 9.3% | — | — |
| Revenue growth | 26.3% | -53.9% | 25.4% | 72.6% | — |
| Earnings growth | -43.7% | -368.6% | 26.9% | -254.9% | — |
| Current ratio | 8.09x | 2.84x | 3.37x | 2.53x | 1.79x |
| Debt to equity | 0.03x | 0.28x | 0.22x | 0.57x | 0.57x |
| Equity ratio | 86.7% | 61.6% | 63.7% | 46.3% | 40.4% |
| Interest coverage | -449.58x | -517.33x | 162.22x | 104.21x | -149.22x |
| Buybacks as a share of market value | 0.0% | -51.8% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -10.6% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 37.6% | 58.6% | — | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | |
|---|---|---|---|
| Price to earnings | -5.9 | -4.4 | 9.0 |
| Price to sales | 2.9 | 5.0 | 1.7 |
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.