F 
623
+1.14%
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
¥7.64bn
FY2017FY2026
Net income
¥544.2m
FY2017FY2026
Free cash flow
¥117.9m
FY2017FY2026
Shareholders' equity
¥3.84bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥7.64bn | ¥6.10bn | ¥7.38bn | ¥7.22bn | ¥10.93bn | ¥10.37bn | ¥10.47bn | ¥11.26bn | ¥12.33bn | ¥11.49bn |
| Gross profit | ¥3.91bn | ¥3.45bn | ¥3.73bn | ¥3.26bn | ¥5.57bn | ¥4.78bn | ¥4.04bn | ¥4.93bn | ¥5.29bn | ¥4.62bn |
| Research and development | — | ¥75.6m | ¥174.0m | ¥205.0m | ¥177.0m | ¥154.0m | ¥74.0m | ¥62.4m | ¥119.2m | ¥83.7m |
| Operating income | ¥721.7m | ¥527.5m | −¥2.81bn | −¥1.69bn | ¥1.72bn | ¥507.2m | −¥844.4m | ¥244.4m | ¥231.5m | −¥929.8m |
| Net income | ¥544.2m | ¥555.1m | −¥2.84bn | −¥1.70bn | ¥1.31bn | ¥359.1m | −¥929.7m | ¥52.2m | −¥725.3m | −¥771.6m |
| Diluted earnings per share | 13.89 | 14.12 | -72.15 | -43.23 | 33.29 | 9.03 | -23.71 | 1.37 | -19.02 | -20.28 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥9.20bn | ¥6.82bn | ¥7.63bn | ¥9.60bn | ¥12.37bn | ¥12.62bn | ¥10.92bn | ¥13.94bn | ¥14.94bn | ¥16.16bn |
| Cash and short-term investments | ¥1.73bn | ¥2.60bn | ¥3.04bn | ¥1.48bn | ¥3.46bn | ¥3.00bn | ¥1.57bn | ¥3.93bn | ¥5.13bn | ¥4.54bn |
| Total liabilities | ¥5.36bn | ¥3.60bn | ¥4.79bn | ¥4.55bn | ¥5.93bn | ¥7.98bn | ¥7.61bn | ¥9.32bn | ¥10.58bn | ¥11.14bn |
| Debt | ¥4.02bn | ¥1.99bn | ¥2.93bn | ¥3.09bn | ¥3.75bn | ¥5.63bn | ¥5.36bn | ¥6.76bn | ¥7.84bn | ¥8.01bn |
| Shareholders' equity | ¥3.84bn | ¥3.23bn | ¥2.84bn | ¥5.05bn | ¥6.44bn | ¥4.64bn | ¥3.24bn | ¥4.57bn | ¥4.31bn | ¥4.99bn |
| Shares outstanding | 39m | 39m | 39m | 39m | 39m | 40m | 39m | 38m | 38m | 38m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥319.1m | ¥751.5m | ¥1.71bn | −¥914.6m | ¥2.38bn | ¥2.03bn | −¥229.2m | ¥679.8m | ¥1.42bn | −¥239.3m |
| Capital spending | −¥201.1m | −¥83.1m | −¥480.1m | −¥622.0m | −¥654.7m | −¥578.3m | −¥800.7m | −¥914.5m | −¥694.3m | −¥830.3m |
| Free cash flow | ¥117.9m | ¥668.3m | ¥1.23bn | −¥1.54bn | ¥1.72bn | ¥1.45bn | −¥1.03bn | −¥234.7m | ¥722.8m | −¥1.07bn |
| Dividends paid | — | — | — | −¥275.2m | −¥275.2m | −¥120.0m | −¥114.4m | −¥114.4m | −¥114.0m | −¥107.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥1.63bn | ¥2.22bn | ¥2.05bn | ¥1.83bn | ¥1.55bn | ¥1.37bn | ¥1.58bn | ¥1.56bn |
| Gross profit | ¥631.6m | ¥1.21bn | ¥1.09bn | ¥796.0m | ¥811.0m | ¥769.2m | ¥918.0m | ¥874.0m |
| Operating income | −¥179.2m | ¥407.3m | ¥337.8m | ¥82.8m | −¥88.6m | ¥77.8m | ¥159.0m | ¥140.0m |
| Net income | −¥105.5m | ¥321.6m | ¥295.7m | ¥95.4m | −¥168.4m | ¥270.7m | ¥78.0m | ¥82.0m |
| Diluted earnings per share | -2.69 | 8.21 | 7.52 | 2.43 | -4.29 | 6.89 | 1.98 | 2.08 |
| Total assets | ¥8.83bn | ¥9.20bn | ¥8.94bn | ¥8.04bn | ¥7.85bn | ¥6.82bn | ¥6.49bn | ¥6.53bn |
| Cash and short-term investments | ¥1.45bn | ¥1.73bn | ¥2.13bn | ¥1.85bn | ¥2.17bn | ¥2.60bn | ¥2.60bn | ¥2.68bn |
| Debt | ¥3.00bn | ¥4.00bn | ¥2.79bn | ¥3.23bn | ¥2.60bn | ¥1.97bn | ¥1.69bn | ¥2.31bn |
| Shareholders' equity | ¥3.75bn | ¥3.84bn | ¥3.70bn | ¥3.34bn | ¥3.34bn | ¥3.23bn | ¥3.09bn | ¥2.87bn |
Financial ratios
Data as of 20 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 51.1% | 56.6% | 50.5% | 45.2% | 51.0% | 46.1% | — |
| Operating margin | 9.4% | 8.6% | -38.1% | -23.5% | 15.7% | 4.9% | — |
| Net margin | 7.1% | 9.1% | -38.5% | -23.6% | 12.0% | 3.5% | — |
| Return on equity | 14.2% | 17.2% | -100.1% | -33.7% | 20.3% | 7.7% | — |
| Return on assets | 5.9% | 8.1% | -37.2% | -17.7% | 10.6% | 2.8% | — |
| Free cash flow yield | 2.1% | 3.4% | 8.8% | -1.2% | 12.2% | 10.4% | — |
| Revenue growth | 25.3% | -17.3% | 2.2% | -34.0% | 5.4% | -1.0% | — |
| Earnings growth | -2.0% | -119.5% | 67.1% | -230.0% | 264.5% | -138.6% | — |
| Current ratio | 0.92x | 1.41x | 1.45x | 1.66x | 2.29x | 1.37x | — |
| Debt to equity | 1.04x | 0.61x | 1.01x | 0.61x | 0.55x | 1.10x | — |
| Equity ratio | 41.8% | 47.3% | 37.2% | 52.6% | 52.1% | 36.8% | — |
| Interest coverage | 8.37x | 22.63x | -124.33x | -58.31x | 68.21x | 14.60x | — |
| R&D as a share of sales | — | 1.2% | 2.4% | 2.8% | 1.6% | 1.5% | 0.7% |
| Buybacks as a share of market value | 0.3% | 0.3% | -0.1% | -0.1% | 1.2% | -1.4% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 1.9% | -5.9% | -3.3% |
| Operating income | — | 7.3% | 14.8% |
| Net income | — | 8.7% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 53.5% | 50.6% | 49.8% | 45.7% |
| Operating margin | 9.1% | -11.5% | -2.1% | -2.0% |
| Net margin | 8.0% | -12.2% | -3.6% | -4.0% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 47.5 | 61.8 | -8.9 | -14.4 | 25.6 | 366.6 | -26.0 | 252.8 | -35.3 | -35.5 |
| Price to sales | 3.4 | 5.6 | 3.4 | 3.4 | 3.1 | 12.7 | 2.3 | 1.2 | 2.1 | 2.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 30 Mar 2022.
| FY2023 | FY2020 | FY2017 | FY2016 | FY2014 | FY2013 | FY2012 | FY2009 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 7.00 | 3.00 | 3.00 | 3.00 | 5.00 | 5.00 | 0.75 | 0.20 |
- 10-for-1 split · 27 Mar 2014
- 2-for-1 split · 28 Mar 2012
- 2-for-1 split · 28 Sept 2011
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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