H 
3,605
+1.55%
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
¥75.08bn
FY2017FY2026
Net income
¥2.64bn
FY2017FY2026
Free cash flow
¥1.98bn
FY2017FY2026
Shareholders' equity
¥49.66bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥75.08bn | ¥74.65bn | ¥73.50bn | ¥70.45bn | ¥68.45bn | ¥67.35bn | ¥82.85bn | ¥79.92bn | ¥79.86bn | ¥79.30bn |
| Research and development | ¥331.0m | ¥317.5m | ¥313.8m | ¥265.1m | ¥238.6m | ¥200.1m | ¥193.0m | ¥165.7m | ¥155.0m | ¥195.0m |
| Operating income | ¥3.15bn | ¥2.85bn | ¥1.83bn | −¥1.60bn | ¥2.27bn | ¥3.42bn | ¥3.07bn | ¥1.56bn | ¥1.41bn | ¥2.85bn |
| Net income | ¥2.64bn | ¥2.46bn | ¥1.75bn | −¥1.32bn | ¥2.01bn | ¥2.98bn | ¥2.32bn | ¥994.0m | ¥1.66bn | ¥1.76bn |
| Diluted earnings per share | 280.18 | 261.38 | 185.95 | -140.27 | 213.64 | 316.24 | 246.14 | 105.62 | 176.31 | 186.85 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥80.39bn | ¥68.73bn | ¥66.37bn | ¥60.66bn | ¥61.23bn | ¥56.95bn | ¥51.29bn | ¥47.47bn | ¥48.03bn | ¥46.82bn |
| Cash and short-term investments | ¥4.02bn | ¥1.48bn | ¥797.0m | ¥463.9m | ¥3.53bn | ¥2.56bn | ¥2.11bn | ¥810.7m | ¥1.14bn | ¥1.06bn |
| Total liabilities | ¥30.73bn | ¥27.35bn | ¥27.11bn | ¥26.66bn | ¥26.30bn | ¥24.51bn | ¥22.78bn | ¥20.35bn | ¥21.35bn | ¥21.86bn |
| Debt | ¥5.11bn | ¥3.20bn | ¥3.74bn | ¥3.24bn | ¥3.77bn | ¥4.25bn | ¥1.34bn | ¥164.0m | ¥678.2m | ¥1.21bn |
| Shareholders' equity | ¥49.66bn | ¥41.39bn | ¥39.26bn | ¥34.00bn | ¥34.93bn | ¥32.44bn | ¥28.51bn | ¥27.12bn | ¥26.68bn | ¥24.97bn |
| Shares outstanding | 9m | 9m | 9m | 9m | 9m | 9m | 9m | 9m | 9m | 9m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥4.80bn | ¥2.47bn | ¥904.7m | −¥53.5m | ¥3.90bn | ¥3.53bn | ¥2.49bn | ¥2.62bn | ¥1.91bn | ¥1.73bn |
| Capital spending | −¥2.82bn | −¥598.2m | −¥601.9m | −¥2.41bn | −¥1.82bn | −¥5.37bn | −¥1.90bn | −¥1.86bn | −¥711.0m | −¥778.5m |
| Free cash flow | ¥1.98bn | ¥1.87bn | ¥302.8m | −¥2.46bn | ¥2.07bn | −¥1.84bn | ¥590.9m | ¥755.9m | ¥1.20bn | ¥953.6m |
| Dividends paid | −¥611.7m | −¥517.6m | −¥470.5m | −¥470.5m | −¥470.5m | −¥498.8m | −¥338.8m | −¥338.8m | −¥367.0m | −¥376.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥19.97bn | ¥16.39bn | ¥19.78bn | ¥19.84bn | ¥19.08bn | ¥16.37bn | ¥19.57bn | ¥19.47bn |
| Operating income | ¥1.02bn | −¥174.5m | ¥1.12bn | ¥1.17bn | ¥1.04bn | −¥327.2m | ¥983.4m | ¥1.10bn |
| Net income | ¥1.62bn | −¥181.3m | ¥996.8m | ¥910.0m | ¥911.1m | −¥301.0m | ¥968.1m | ¥889.0m |
| Diluted earnings per share | 172.53 | -19.26 | 105.92 | 96.70 | 96.82 | -31.99 | 102.87 | 94.47 |
| Total assets | ¥82.69bn | ¥80.39bn | ¥79.38bn | ¥74.68bn | ¥71.53bn | ¥68.73bn | ¥68.99bn | ¥67.86bn |
| Cash and short-term investments | ¥4.95bn | ¥4.02bn | ¥4.12bn | ¥3.23bn | ¥1.79bn | ¥1.48bn | ¥1.57bn | ¥1.99bn |
| Debt | ¥843.2m | ¥5.08bn | ¥789.7m | ¥4.02bn | ¥623.1m | ¥3.16bn | ¥650.0m | ¥3.47bn |
| Shareholders' equity | ¥49.74bn | ¥49.66bn | ¥47.13bn | ¥44.92bn | ¥42.47bn | ¥41.39bn | ¥40.85bn | ¥40.14bn |
Financial ratios
Data as of 21 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating margin | 4.2% | 3.8% | 2.5% | -2.3% | 3.3% | 5.1% |
| Net margin | 3.5% | 3.3% | 2.4% | -1.9% | 2.9% | 4.4% |
| Return on equity | 5.3% | 5.9% | 4.5% | -3.9% | 5.8% | 9.2% |
| Return on assets | 3.3% | 3.6% | 2.6% | -2.2% | 3.3% | 5.2% |
| Free cash flow yield | 21.9% | 8.8% | 4.3% | 6.8% | 16.4% | 25.6% |
| Revenue growth | 0.6% | 1.6% | 4.3% | 2.9% | 1.6% | -18.7% |
| Earnings growth | 7.2% | 40.6% | -232.6% | -165.7% | -32.4% | 28.5% |
| Current ratio | 2.01x | 1.86x | 1.80x | 1.59x | 1.73x | 1.76x |
| Debt to equity | 0.10x | 0.08x | 0.10x | 0.10x | 0.11x | 0.13x |
| Equity ratio | 61.8% | 60.2% | 59.2% | 56.1% | 57.0% | 57.0% |
| Interest coverage | 83.34x | 167.29x | 108.89x | -115.79x | 164.03x | 456.70x |
| R&D as a share of sales | 0.4% | 0.4% | 0.4% | 0.4% | 0.3% | 0.3% |
| 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 | 2.1% | 2.2% | -0.4% |
| Operating income | — | -1.7% | 1.5% |
| Net income | — | -2.4% | 4.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 4.0% | 2.1% | 2.8% | 2.8% |
| Net margin | 3.4% | 1.9% | 2.4% | 2.3% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 12.7 | 12.7 | 17.2 | -21.9 | 14.1 | 9.8 | 12.3 | 24.9 | 14.8 | 14.5 |
| Price to sales | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 30 years. Last went ex-dividend on 30 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 95.00 | 50.00 | 50.00 | 50.00 | 43.00 | 36.00 | 36.00 | 36.00 |
- 2-to-1 reverse split · 26 Sept 2018
- 1.1-for-1 split · 27 Mar 2001
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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