A 
303
+1.00%
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
¥15.46bn
FY2017FY2026
Net income
−¥473.2m
FY2017FY2026
Free cash flow
¥29.5m
FY2017FY2026
Shareholders' equity
¥3.57bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥15.46bn | ¥15.95bn | ¥15.70bn | ¥16.92bn | ¥15.40bn | ¥17.28bn | ¥15.60bn | ¥14.87bn | ¥13.94bn | ¥10.37bn |
| Gross profit | ¥9.74bn | ¥9.61bn | ¥9.20bn | ¥9.71bn | ¥8.73bn | ¥9.36bn | ¥8.05bn | ¥7.14bn | ¥6.95bn | ¥5.83bn |
| Research and development | — | — | — | ¥20.1m | ¥30.0m | ¥9.1m | — | — | — | — |
| Operating income | −¥120.3m | ¥3.0m | −¥461.2m | ¥6.4m | ¥657.5m | ¥909.8m | ¥430.6m | ¥116.9m | ¥668.2m | ¥556.3m |
| Net income | −¥473.2m | −¥39.1m | −¥456.0m | −¥82.6m | ¥343.7m | ¥500.3m | ¥200.2m | −¥29.5m | ¥326.3m | ¥232.2m |
| Diluted earnings per share | -33.58 | -2.77 | -32.61 | -5.94 | 25.18 | 36.38 | 14.71 | -2.24 | 24.87 | 17.25 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥7.06bn | ¥8.41bn | ¥8.18bn | ¥8.07bn | ¥7.93bn | ¥7.48bn | ¥5.66bn | ¥5.30bn | ¥5.55bn | ¥5.05bn |
| Cash and short-term investments | ¥489.5m | ¥1.63bn | ¥1.87bn | ¥1.90bn | ¥2.70bn | ¥2.71bn | ¥2.41bn | ¥1.74bn | ¥2.55bn | ¥2.25bn |
| Total liabilities | ¥3.07bn | ¥3.96bn | ¥3.70bn | ¥3.21bn | ¥2.95bn | ¥2.80bn | ¥1.62bn | ¥1.45bn | ¥1.64bn | ¥1.39bn |
| Debt | — | — | ¥15.2m | ¥3.2m | ¥7.5m | — | — | — | ¥21.6m | ¥42.3m |
| Shareholders' equity | ¥3.57bn | ¥4.05bn | ¥4.09bn | ¥4.48bn | ¥4.61bn | ¥4.31bn | ¥3.69bn | ¥3.51bn | ¥3.58bn | ¥3.65bn |
| Shares outstanding | 14m | 14m | 14m | 14m | 14m | 14m | 14m | 13m | 13m | 13m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥74.1m | ¥249.0m | ¥340.5m | ¥143.9m | ¥542.0m | ¥808.3m | ¥935.1m | −¥142.9m | ¥655.1m | ¥951.2m |
| Capital spending | −¥44.6m | −¥30.6m | −¥4.8m | −¥23.1m | −¥216.1m | −¥3.2m | −¥5.8m | −¥14.0m | −¥36.9m | −¥6.1m |
| Free cash flow | ¥29.5m | ¥218.5m | ¥335.7m | ¥120.8m | ¥325.9m | ¥805.1m | ¥929.3m | −¥156.9m | ¥618.2m | ¥945.1m |
| Dividends paid | −¥42.2m | −¥41.9m | −¥41.0m | −¥94.8m | −¥94.4m | −¥39.5m | −¥26.3m | −¥65.4m | −¥40.5m | −¥20.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥3.80bn | ¥3.90bn | ¥3.67bn | ¥3.74bn | ¥4.16bn | ¥4.31bn | ¥4.19bn | ¥3.78bn |
| Gross profit | ¥2.42bn | ¥2.44bn | ¥2.25bn | ¥2.40bn | ¥2.64bn | ¥2.59bn | ¥2.56bn | ¥2.24bn |
| Operating income | −¥80.7m | ¥37.0m | −¥129.2m | −¥43.6m | ¥18.5m | ¥180.5m | ¥25.8m | −¥29.8m |
| Net income | −¥66.9m | −¥309.0m | −¥102.6m | −¥50.2m | −¥11.4m | ¥113.7m | ¥5.1m | −¥35.8m |
| Diluted earnings per share | -4.75 | -21.93 | -7.28 | -3.56 | -0.81 | 8.06 | 0.37 | -2.56 |
| Total assets | ¥6.62bn | ¥7.06bn | ¥8.47bn | ¥8.90bn | ¥7.39bn | ¥8.41bn | ¥10.43bn | ¥7.72bn |
| Cash and short-term investments | ¥751.7m | ¥489.5m | ¥1.12bn | ¥1.52bn | ¥1.80bn | ¥1.63bn | ¥2.14bn | ¥1.62bn |
| Shareholders' equity | ¥3.49bn | ¥3.57bn | ¥3.89bn | ¥3.99bn | ¥4.00bn | ¥4.05bn | ¥3.94bn | ¥3.93bn |
Financial ratios
Data as of 14 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 63.0% | 60.2% | 58.6% | 57.4% | 56.7% | 54.2% | — | — | — | — | — | — | — | — |
| Operating margin | -1.2% | 0.1% | -4.2% | 0.1% | 4.1% | 5.3% | — | — | — | — | — | — | — | — |
| Net margin | -3.1% | -0.2% | -2.9% | -0.5% | 2.2% | 2.9% | — | — | — | — | — | — | — | — |
| Return on equity | -13.2% | -1.0% | -11.1% | -1.8% | 7.5% | 11.6% | — | — | — | — | — | — | — | — |
| Return on assets | -6.7% | -0.5% | -5.6% | -1.0% | 4.3% | 6.7% | — | — | — | — | — | — | — | — |
| Free cash flow yield | 2.6% | 6.1% | 7.6% | 3.7% | 17.1% | 18.2% | — | — | — | — | — | — | — | — |
| Revenue growth | -3.1% | 1.6% | -7.2% | 9.9% | -10.9% | 10.8% | — | — | — | — | — | — | — | — |
| Earnings growth | 1111.6% | -91.4% | 452.0% | -124.0% | -31.3% | 149.9% | — | — | — | — | — | — | — | — |
| Current ratio | 1.40x | 1.55x | 1.62x | 1.90x | 2.20x | 2.19x | — | — | — | — | — | — | — | — |
| Debt to equity | — | — | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | — | — | — | — | — | — |
| Equity ratio | 50.6% | 48.2% | 50.1% | 55.5% | 58.1% | 57.7% | — | — | — | — | — | — | — | — |
| Interest coverage | — | — | — | — | — | — | — | — | 2176.59x | 3733.34x | 191.76x | 1433.02x | 62.08x | 99.69x |
| R&D as a share of sales | — | — | — | 0.1% | 0.2% | 0.1% | — | — | — | — | — | — | — | — |
| Buybacks as a share of market value | 0.0% | -0.8% | -0.6% | -1.8% | 0.7% | -1.0% | — | — | — | — | — | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -3.0% | -2.2% | 7.2% |
| Net income | 78.9% | — | 13.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 61.6% | 59.7% | 58.3% | 56.0% |
| Operating margin | -0.4% | -0.9% | 1.0% | 1.8% |
| Net margin | -1.6% | -1.6% | -0.2% | 0.2% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -9.3 | -144.0 | -9.8 | -62.8 | 20.4 | 19.2 | 70.5 | -319.1 | 20.6 | 67.0 |
| Price to sales | 0.3 | 0.3 | 0.3 | 0.3 | 0.5 | 0.6 | 0.9 | 0.6 | 0.5 | 1.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 13 years. Last went ex-dividend on 28 Mar 2025.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 3.00 | 3.00 | 3.00 | 7.00 | 7.00 | 3.00 | 2.00 | 5.00 |
- 100-for-1 split · 26 Sept 2013
- 2-for-1 split · 28 Mar 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.