R 
1,073
+2.00%
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
¥43.29bn
FY2016FY2025
Net income
¥1.49bn
FY2016FY2025
Free cash flow
−¥2.06bn
FY2016FY2025
Shareholders' equity
¥33.33bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥43.29bn | ¥42.92bn | ¥44.30bn | ¥41.92bn | ¥55.07bn | ¥54.95bn | ¥53.95bn | ¥52.67bn | ¥49.37bn | ¥47.12bn |
| Research and development | — | ¥352.6m | ¥361.4m | ¥306.2m | ¥306.0m | ¥227.6m | ¥210.0m | ¥163.2m | ¥176.7m | ¥178.8m |
| Operating income | ¥1.44bn | ¥1.87bn | ¥626.6m | ¥345.8m | ¥2.40bn | ¥1.94bn | ¥2.23bn | ¥4.36bn | ¥4.87bn | ¥5.20bn |
| Net income | ¥1.49bn | ¥1.04bn | ¥446.3m | ¥220.0m | ¥2.27bn | ¥956.8m | ¥980.2m | ¥2.94bn | ¥3.33bn | ¥3.43bn |
| Diluted earnings per share | 76.26 | 53.44 | 22.91 | 11.29 | 116.59 | 49.11 | 50.31 | 150.67 | 170.95 | 176.10 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥60.94bn | ¥52.87bn | ¥50.99bn | ¥52.70bn | ¥55.18bn | ¥57.43bn | ¥57.98bn | ¥47.13bn | ¥46.36bn | ¥33.52bn |
| Cash and short-term investments | ¥5.09bn | ¥6.18bn | ¥6.33bn | ¥5.29bn | ¥7.68bn | ¥7.64bn | ¥5.76bn | ¥4.86bn | ¥13.72bn | ¥11.11bn |
| Total liabilities | ¥27.62bn | ¥22.01bn | ¥20.89bn | ¥23.46bn | ¥25.49bn | ¥29.69bn | ¥30.77bn | ¥20.49bn | ¥22.04bn | ¥12.38bn |
| Debt | ¥11.19bn | ¥7.14bn | ¥8.16bn | ¥9.17bn | ¥11.18bn | ¥16.20bn | ¥17.00bn | ¥9.00bn | ¥5.05bn | ¥6.2m |
| Shareholders' equity | ¥33.33bn | ¥30.86bn | ¥30.10bn | ¥29.23bn | ¥29.70bn | ¥27.74bn | ¥27.20bn | ¥26.64bn | ¥24.31bn | ¥21.14bn |
| Shares outstanding | 19m | 19m | 19m | 19m | 19m | 19m | 19m | 19m | 19m | 19m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −¥1.67bn | ¥3.67bn | ¥3.24bn | ¥1.09bn | ¥5.73bn | ¥5.77bn | ¥2.09bn | ¥2.37bn | ¥3.83bn | ¥3.64bn |
| Capital spending | −¥387.7m | −¥435.8m | −¥458.4m | −¥776.4m | −¥1.95bn | −¥2.43bn | −¥8.53bn | −¥14.47bn | −¥3.51bn | −¥841.0m |
| Free cash flow | −¥2.06bn | ¥3.23bn | ¥2.78bn | ¥317.3m | ¥3.78bn | ¥3.34bn | −¥6.44bn | −¥12.10bn | ¥317.7m | ¥2.80bn |
| Dividends paid | −¥389.7m | −¥486.4m | −¥389.3m | −¥389.9m | −¥388.5m | −¥389.9m | −¥486.8m | −¥392.0m | −¥387.9m | −¥361.1m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥14.16bn | ¥12.75bn | ¥12.29bn | ¥10.47bn | ¥10.89bn | ¥9.64bn | ¥11.60bn | ¥9.97bn |
| Operating income | ¥442.4m | ¥343.2m | ¥690.5m | ¥262.5m | ¥438.7m | ¥43.8m | ¥415.1m | ¥326.9m |
| Net income | ¥434.1m | ¥179.3m | ¥974.5m | ¥311.7m | ¥250.1m | −¥50.7m | ¥479.0m | −¥341.1m |
| Diluted earnings per share | 22.54 | 9.31 | 50.02 | 16.00 | 12.84 | -2.60 | 24.59 | -17.51 |
| Cash from operations | ¥3.83bn | — | — | — | — | — | — | — |
| Capital spending | −¥288.0m | — | — | — | — | — | — | — |
| Free cash flow | ¥3.54bn | — | — | — | — | — | — | — |
| Total assets | ¥59.71bn | ¥61.42bn | ¥60.94bn | ¥51.03bn | ¥50.59bn | ¥49.65bn | ¥52.87bn | ¥50.43bn |
| Cash and short-term investments | ¥11.15bn | ¥11.92bn | ¥5.09bn | ¥4.19bn | ¥2.87bn | ¥5.29bn | ¥6.18bn | ¥5.94bn |
| Debt | ¥10.59bn | ¥7.97bn | ¥6.85bn | ¥6.78bn | ¥6.53bn | ¥6.28bn | ¥7.01bn | ¥6.01bn |
| Shareholders' equity | ¥32.52bn | ¥33.51bn | ¥33.33bn | ¥31.30bn | ¥30.83bn | ¥30.45bn | ¥30.86bn | ¥30.24bn |
Financial ratios
Data as of 24 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Operating margin | 3.3% | 4.3% | 1.4% | 0.8% | 4.4% | 3.5% | — |
| Net margin | 3.4% | 2.4% | 1.0% | 0.5% | 4.1% | 1.7% | — |
| Return on equity | 4.5% | 3.4% | 1.5% | 0.8% | 7.6% | 3.4% | — |
| Return on assets | 2.4% | 2.0% | 0.9% | 0.4% | 4.1% | 1.7% | — |
| Free cash flow yield | -5.9% | 18.9% | 17.1% | 8.6% | 35.5% | 37.8% | — |
| Revenue growth | 0.9% | -3.1% | 5.7% | -23.9% | 0.2% | 1.9% | — |
| Earnings growth | 42.7% | 133.3% | 102.9% | -90.3% | 137.4% | -2.4% | — |
| Current ratio | 1.57x | 1.31x | 1.54x | 1.67x | 1.11x | 0.92x | — |
| Debt to equity | 0.21x | 0.23x | 0.27x | 0.31x | 0.37x | 0.58x | — |
| Equity ratio | 54.7% | 58.4% | 59.0% | 55.5% | 53.8% | 48.3% | — |
| Interest coverage | 22.19x | 55.23x | 30.42x | 15.99x | 66.74x | 51.55x | — |
| R&D as a share of sales | — | 0.8% | 0.8% | 0.7% | 0.6% | 0.4% | 0.4% |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 1.1% | -4.7% | -0.4% |
| Operating income | 60.7% | -5.9% | -7.1% |
| Net income | 89.0% | 9.2% | -2.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 3.8% | 2.5% | 3.1% | 5.3% |
| Net margin | 2.9% | 1.9% | 2.3% | 3.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 15.7 | 24.8 | 57.9 | 113.9 | 13.3 | 36.9 | 34.2 | 14.2 | 16.0 | 14.3 |
| Price to sales | 0.5 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.8 | 1.1 | 1.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 18 years. Last went ex-dividend on 29 Dec 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 40.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 |
- 1.05-for-1 split · 27 Dec 1994
- 1.05-for-1 split · 27 Dec 1993
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.