F 
70
+1.45%
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
¥8.75bn
FY2016FY2025
Net income
¥440.6m
FY2016FY2025
Free cash flow
¥612.7m
FY2016FY2025
Shareholders' equity
¥3.08bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥8.75bn | ¥5.34bn | ¥4.82bn | ¥4.99bn | ¥4.89bn | ¥4.03bn | ¥4.04bn | ¥3.92bn | ¥3.09bn | ¥936.0m |
| Operating income | ¥463.6m | ¥50.2m | ¥52.6m | −¥76.2m | ¥180.3m | −¥110.5m | −¥65.4m | −¥230.4m | ¥98.9m | ¥23.5m |
| Net income | ¥440.6m | ¥64.4m | ¥113.6m | −¥107.8m | ¥85.8m | −¥348.7m | −¥156.2m | −¥592.8m | ¥29.7m | ¥34.1m |
| Diluted earnings per share | 10.04 | 1.51 | 3.02 | -3.31 | 2.64 | -10.72 | -4.89 | -18.89 | 1.07 | 1.35 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥4.71bn | ¥3.57bn | ¥4.45bn | ¥4.25bn | ¥4.43bn | ¥3.84bn | ¥3.69bn | ¥3.99bn | ¥3.58bn | ¥1.21bn |
| Cash and short-term investments | ¥2.23bn | ¥1.40bn | ¥1.19bn | ¥941.8m | ¥1.26bn | ¥1.05bn | ¥466.8m | ¥489.1m | ¥447.9m | ¥334.9m |
| Total liabilities | ¥1.63bn | ¥1.07bn | ¥2.87bn | ¥3.19bn | ¥3.26bn | ¥2.75bn | ¥2.26bn | ¥2.09bn | ¥1.94bn | ¥309.7m |
| Debt | ¥780.2m | ¥245.7m | ¥497.8m | ¥713.0m | ¥831.0m | ¥632.3m | ¥337.5m | ¥358.5m | ¥393.9m | ¥175.3m |
| Shareholders' equity | ¥3.08bn | ¥2.50bn | ¥1.58bn | ¥1.06bn | ¥1.16bn | ¥1.10bn | ¥1.43bn | ¥1.73bn | ¥1.49bn | ¥895.5m |
| Shares outstanding | 44m | 43m | 38m | 33m | 33m | 33m | 32m | 31m | 28m | 25m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥668.8m | ¥163.9m | ¥115.2m | −¥329.3m | ¥180.9m | ¥112.5m | ¥8.6m | ¥24.3m | −¥26.5m | ¥108.0m |
| Capital spending | −¥56.1m | −¥26.6m | −¥52.3m | −¥1.4m | −¥7.4m | −¥8.6m | −¥15.0m | −¥348.4m | −¥27.2m | −¥5.0m |
| Free cash flow | ¥612.7m | ¥137.3m | ¥62.9m | −¥330.7m | ¥173.5m | ¥103.9m | −¥6.4m | −¥324.1m | −¥53.6m | ¥103.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥1.70bn | ¥1.41bn | ¥1.91bn | ¥3.09bn | ¥2.27bn | ¥1.48bn | ¥1.68bn | ¥1.46bn |
| Operating income | ¥24.6m | ¥33.0m | ¥69.7m | ¥205.4m | ¥128.5m | ¥60.0m | ¥44.3m | ¥74.1m |
| Net income | −¥9.3m | ¥34.5m | ¥61.1m | ¥207.1m | ¥117.1m | ¥55.3m | ¥90.1m | ¥50.0m |
| Diluted earnings per share | -0.21 | 0.79 | 1.39 | 4.72 | 2.67 | 1.26 | 2.11 | 1.17 |
| Total assets | ¥4.63bn | ¥4.46bn | ¥4.71bn | ¥4.77bn | ¥5.45bn | ¥4.71bn | ¥3.57bn | ¥5.86bn |
| Cash and short-term investments | ¥2.64bn | ¥2.43bn | ¥2.23bn | ¥2.13bn | ¥2.28bn | ¥2.28bn | ¥1.40bn | ¥2.12bn |
| Debt | ¥794.1m | ¥256.5m | ¥780.2m | ¥263.1m | ¥740.6m | ¥215.5m | ¥84.8m | ¥315.3m |
| Shareholders' equity | ¥3.00bn | ¥3.11bn | ¥3.08bn | ¥3.01bn | ¥2.80bn | ¥2.55bn | ¥2.50bn | ¥2.13bn |
Financial ratios
Data as of 14 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2006 | |
|---|---|---|---|---|---|---|---|
| Operating margin | 5.8% | 2.3% | 3.5% | -1.7% | 2.3% | -2.7% | — |
| Net margin | 5.0% | 1.2% | 2.4% | -2.2% | 1.8% | -8.6% | — |
| Return on equity | 14.3% | 2.6% | 7.2% | -10.2% | 7.4% | -31.8% | — |
| Return on assets | 9.3% | 1.8% | 2.6% | -2.5% | 1.9% | -9.1% | — |
| Free cash flow yield | 20.4% | 5.5% | 5.5% | -12.4% | 7.1% | 4.6% | — |
| Revenue growth | 63.8% | 10.9% | -3.4% | 1.9% | 21.3% | -0.2% | — |
| Earnings growth | 583.9% | -43.3% | -205.3% | -225.6% | -124.6% | 123.3% | — |
| Current ratio | 3.58x | 3.63x | 1.48x | 1.27x | 1.28x | 1.42x | — |
| Debt to equity | 0.25x | 0.10x | 0.32x | 0.68x | 0.71x | 0.58x | — |
| Equity ratio | 65.3% | 70.1% | 35.4% | 24.8% | 26.3% | 28.5% | — |
| Interest coverage | 31.97x | 14.81x | 12.46x | -5.65x | 10.63x | -33.93x | — |
| R&D as a share of sales | — | — | — | — | — | — | 0.1% |
| Buybacks as a share of market value | -2.8% | -13.3% | -15.8% | 0.0% | 0.0% | -1.9% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 20.6% | 16.7% | 27.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 3.6% | 2.1% | 1.7% | 0.4% |
| Net margin | 3.6% | 2.1% | 0.8% | -2.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 16.0 | 118.6 | 22.6 | -20.2 | 40.2 | -7.3 | -30.1 | -9.1 | 277.6 | 127.6 |
| Price to sales | 0.8 | 1.4 | 0.5 | 0.4 | 0.7 | 0.6 | 1.2 | 1.4 | 2.7 | 4.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 28 Dec 2010.
| FY2011 | FY2010 | FY2009 | FY2008 | FY2007 | FY2006 | FY2005 | FY2004 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 7.80 | 4.40 | 10.70 | 5.30 | 7.30 | 5.00 | 15.40 | 25.60 |
- 10-for-1 split · 27 Mar 2014
- 5-for-1 split · 26 May 2004
- 5-for-1 split · 28 Oct 2003
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.