R 
995
+1.95%
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
¥64.93bn
FY2017FY2026
Net income
−¥2.11bn
FY2017FY2026
Free cash flow
¥396.2m
FY2017FY2026
Shareholders' equity
¥9.69bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥64.93bn | ¥63.74bn | ¥43.63bn | ¥40.76bn | ¥37.12bn | ¥30.21bn | ¥45.05bn | ¥46.07bn | ¥46.23bn | ¥44.45bn |
| Gross profit | ¥5.44bn | ¥5.68bn | ¥3.67bn | ¥2.98bn | ¥3.01bn | −¥2.27bn | ¥5.94bn | ¥6.43bn | ¥6.48bn | ¥5.98bn |
| Operating income | ¥1.57bn | ¥1.95bn | ¥1.26bn | ¥680.4m | ¥913.0m | −¥4.60bn | ¥3.27bn | ¥3.78bn | ¥4.06bn | ¥3.68bn |
| Net income | −¥2.11bn | ¥766.0m | ¥633.0m | −¥1.14bn | ¥513.6m | −¥8.71bn | ¥1.38bn | ¥2.44bn | ¥2.37bn | ¥1.97bn |
| Diluted earnings per share | -96.12 | 33.88 | 28.85 | -55.81 | 27.19 | -460.60 | 72.99 | 149.65 | 145.86 | 116.41 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥57.04bn | ¥56.06bn | ¥53.19bn | ¥42.62bn | ¥38.54bn | ¥42.04bn | ¥40.06bn | ¥36.98bn | ¥35.94bn | ¥33.55bn |
| Cash and short-term investments | ¥8.57bn | ¥7.68bn | ¥6.21bn | ¥5.53bn | ¥4.86bn | ¥7.10bn | ¥6.18bn | ¥2.76bn | ¥3.23bn | ¥1.03bn |
| Total liabilities | ¥47.35bn | ¥43.94bn | ¥41.76bn | ¥31.63bn | ¥28.21bn | ¥32.08bn | ¥23.96bn | ¥21.72bn | ¥21.12bn | ¥24.28bn |
| Debt | ¥30.80bn | ¥29.01bn | ¥26.73bn | ¥22.55bn | ¥18.88bn | ¥23.61bn | ¥15.21bn | ¥13.64bn | ¥12.97bn | ¥16.49bn |
| Shareholders' equity | ¥9.69bn | ¥12.12bn | ¥11.43bn | ¥10.99bn | ¥10.32bn | ¥9.95bn | ¥16.09bn | ¥15.26bn | ¥14.82bn | ¥9.27bn |
| Shares outstanding | 22m | 23m | 22m | 20m | 19m | 19m | 19m | 16m | 16m | 17m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥4.12bn | ¥3.51bn | ¥4.83bn | ¥1.61bn | ¥3.82bn | −¥5.42bn | ¥5.16bn | ¥5.12bn | ¥5.32bn | ¥4.37bn |
| Capital spending | −¥3.73bn | −¥3.19bn | −¥2.51bn | −¥2.70bn | −¥1.48bn | −¥2.47bn | −¥2.76bn | −¥2.47bn | −¥2.97bn | −¥3.86bn |
| Free cash flow | ¥396.2m | ¥315.9m | ¥2.32bn | −¥1.09bn | ¥2.34bn | −¥7.88bn | ¥2.40bn | ¥2.65bn | ¥2.35bn | ¥507.1m |
| Dividends paid | −¥265.6m | −¥208.9m | −¥145.3m | −¥152.2m | −¥77.5m | −¥148.1m | −¥570.3m | −¥591.2m | −¥477.0m | −¥417.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥16.41bn | ¥16.75bn | ¥16.48bn | ¥16.14bn | ¥15.56bn | ¥16.16bn | ¥16.20bn | ¥15.93bn |
| Gross profit | ¥1.33bn | ¥1.73bn | ¥1.82bn | ¥1.23bn | ¥673.6m | ¥1.31bn | ¥1.65bn | ¥1.44bn |
| Operating income | ¥361.8m | ¥675.4m | ¥831.2m | ¥340.3m | −¥280.9m | ¥264.2m | ¥808.0m | ¥502.0m |
| Net income | ¥74.7m | −¥2.63bn | ¥498.6m | −¥26.1m | ¥50.7m | ¥42.0m | ¥502.0m | ¥24.0m |
| Diluted earnings per share | 3.41 | -119.99 | 22.05 | -1.16 | 2.24 | 1.86 | 22.88 | 1.09 |
| Total assets | ¥57.48bn | ¥57.04bn | ¥57.86bn | ¥56.03bn | ¥56.30bn | ¥56.06bn | ¥53.76bn | ¥54.23bn |
| Cash and short-term investments | ¥8.78bn | ¥8.57bn | ¥8.37bn | ¥7.96bn | ¥8.20bn | ¥7.68bn | ¥6.85bn | ¥6.99bn |
| Debt | ¥7.94bn | ¥16.98bn | ¥8.42bn | ¥16.40bn | ¥7.89bn | ¥14.23bn | ¥6.35bn | ¥13.56bn |
| Shareholders' equity | ¥9.57bn | ¥9.69bn | ¥12.35bn | ¥11.97bn | ¥12.00bn | ¥12.12bn | ¥11.94bn | ¥11.56bn |
Financial ratios
Data as of 25 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Gross margin | 8.4% | 8.9% | 8.4% | 7.3% | 8.1% | -7.5% |
| Operating margin | 2.4% | 3.1% | 2.9% | 1.7% | 2.5% | -15.2% |
| Net margin | -3.2% | 1.2% | 1.5% | -2.8% | 1.4% | -28.8% |
| Return on equity | -21.7% | 6.3% | 5.5% | -10.4% | 5.0% | -87.4% |
| Return on assets | -3.7% | 1.4% | 1.2% | -2.7% | 1.3% | -20.7% |
| Free cash flow yield | 34.2% | 28.4% | 32.0% | 20.2% | 26.8% | -14.9% |
| Revenue growth | 1.9% | 46.1% | 7.0% | 9.8% | 22.9% | -32.9% |
| Earnings growth | -375.0% | 21.0% | -155.4% | -322.3% | -105.9% | -731.4% |
| Current ratio | 0.81x | 0.81x | 0.81x | 0.85x | 0.79x | 0.77x |
| Debt to equity | 1.75x | 1.17x | 1.05x | 1.01x | 0.91x | 1.36x |
| Equity ratio | 17.0% | 21.6% | 21.5% | 25.8% | 26.8% | 23.7% |
| Interest coverage | 1.85x | 2.58x | 2.16x | 1.46x | 2.45x | -14.05x |
| Buybacks as a share of market value | 3.1% | -3.0% | -7.2% | -8.3% | 0.1% | -0.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 16.8% | 16.5% | 4.1% |
| Operating income | 32.0% | — | -6.9% |
| Net income | 22.7% | -24.7% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 8.6% | 8.3% | 6.6% | 9.6% |
| Operating margin | 2.7% | 2.6% | 0.6% | 3.9% |
| Net margin | -1.0% | -0.9% | -3.6% | -0.1% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -10.3 | 32.0 | 36.0 | -15.7 | 32.3 | -2.4 | 12.2 | 11.7 | 14.2 | 16.6 |
| Price to sales | 0.3 | 0.4 | 0.5 | 0.4 | 0.5 | 0.7 | 0.4 | 0.6 | 0.7 | 0.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 21 years. Last went ex-dividend on 30 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 14.00 | 10.00 | 7.00 | 8.00 | 4.00 | 9.00 | 35.00 | 35.00 |
- 1-to-1 reverse split · 1 Sept 2006
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.