G 
413
+6.99%
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
¥16.55bn
FY2016FY2025
Net income
¥161.4m
FY2016FY2025
Free cash flow
−¥680.9m
FY2016FY2025
Shareholders' equity
¥1.89bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥16.55bn | ¥16.24bn | ¥15.15bn | ¥15.98bn | ¥13.22bn | ¥12.60bn | ¥9.67bn | ¥8.78bn | ¥7.63bn | ¥6.50bn |
| Gross profit | ¥4.52bn | ¥4.27bn | ¥4.02bn | ¥4.02bn | ¥3.65bn | ¥3.40bn | ¥2.55bn | ¥2.70bn | ¥2.08bn | ¥1.77bn |
| Research and development | ¥69.9m | ¥28.9m | ¥27.2m | ¥24.5m | ¥16.7m | ¥44,000 | ¥188,000 | ¥2.6m | ¥673,000 | ¥1.1m |
| Operating income | ¥114.4m | ¥81.8m | −¥13.3m | ¥74.1m | ¥66.8m | ¥244.4m | ¥21.3m | ¥195.0m | ¥17.6m | ¥83.5m |
| Net income | ¥161.4m | −¥138.8m | −¥23.3m | ¥343.7m | −¥90.0m | ¥112.2m | ¥11.5m | ¥135.8m | −¥5.4m | ¥46.0m |
| Diluted earnings per share | 19.88 | -17.10 | -2.87 | 42.27 | -11.09 | 13.82 | 1.42 | 16.66 | -0.66 | 5.58 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥4.63bn | ¥4.52bn | ¥4.42bn | ¥4.67bn | ¥3.60bn | ¥3.71bn | ¥3.15bn | ¥3.29bn | ¥2.65bn | ¥2.18bn |
| Cash and short-term investments | ¥801.4m | ¥1.25bn | ¥1.10bn | ¥1.35bn | ¥792.2m | ¥1.27bn | ¥572.3m | ¥701.2m | ¥954.0m | ¥734.7m |
| Total liabilities | ¥2.74bn | ¥2.76bn | ¥2.51bn | ¥2.67bn | ¥1.94bn | ¥1.98bn | ¥1.52bn | ¥1.63bn | ¥1.07bn | ¥634.7m |
| Debt | ¥1.26bn | ¥959.2m | ¥919.7m | ¥1.02bn | ¥609.5m | ¥633.2m | ¥553.5m | ¥680.4m | ¥247.9m | ¥10.5m |
| Shareholders' equity | ¥1.89bn | ¥1.77bn | ¥1.88bn | ¥1.98bn | ¥1.65bn | ¥1.72bn | ¥1.59bn | ¥1.59bn | ¥1.54bn | ¥1.55bn |
| Shares outstanding | 8m | 8m | 8m | 8m | 8m | 8m | 8m | 8m | 8m | 8m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −¥625.8m | ¥261.3m | ¥119.3m | ¥177.5m | −¥432.3m | ¥764.9m | −¥118.1m | −¥248.4m | ¥193.5m | −¥251.5m |
| Capital spending | −¥55.1m | −¥39.8m | −¥55.2m | −¥78.2m | −¥56.9m | −¥124.8m | −¥76.3m | −¥783,000 | −¥675,000 | −¥4.3m |
| Free cash flow | −¥680.9m | ¥221.5m | ¥64.1m | ¥99.3m | −¥489.2m | ¥640.1m | −¥194.4m | −¥249.2m | ¥192.8m | −¥255.8m |
| Dividends paid | — | −¥100,000 | −¥72.8m | — | — | — | — | — | — | — |
Latest quarters
By quarter end
| Jul 2026 | Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥6.20bn | ¥5.08bn | ¥4.58bn | ¥4.05bn | ¥4.16bn | ¥4.21bn | ¥4.13bn | ¥4.09bn |
| Gross profit | ¥1.42bn | ¥1.35bn | ¥1.22bn | ¥1.10bn | ¥1.14bn | ¥1.17bn | ¥1.10bn | ¥1.08bn |
| Operating income | ¥17.7m | ¥112.8m | ¥40.5m | ¥7.0m | ¥27.9m | ¥73.2m | ¥6.3m | ¥43.4m |
| Net income | −¥63.0m | ¥80.7m | ¥38.5m | ¥45.6m | −¥5.8m | ¥39.5m | ¥82.1m | −¥186.3m |
| Diluted earnings per share | -7.75 | 9.92 | 4.73 | 5.62 | -0.72 | 4.87 | 10.12 | -22.95 |
| Cash from operations | — | — | — | −¥625.0m | — | — | — | — |
| Capital spending | — | — | — | −¥55.0m | — | — | — | — |
| Free cash flow | — | — | — | −¥680.0m | — | — | — | — |
| Total assets | ¥7.18bn | ¥6.25bn | ¥5.38bn | ¥4.63bn | ¥4.85bn | ¥4.93bn | ¥4.70bn | ¥4.52bn |
| Cash and short-term investments | ¥1.37bn | ¥1.26bn | ¥733.1m | ¥801.4m | ¥1.03bn | ¥939.7m | ¥943.2m | ¥1.25bn |
| Debt | ¥2.05bn | ¥1.90bn | ¥1.65bn | ¥1.25bn | ¥1.30bn | ¥1.30bn | ¥1.06bn | ¥923.8m |
| Shareholders' equity | ¥2.07bn | ¥2.10bn | ¥2.00bn | ¥1.89bn | ¥1.82bn | ¥1.84bn | ¥1.83bn | ¥1.77bn |
Financial ratios
Data as of 21 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 27.3% | 26.3% | 26.5% | 25.2% | 27.6% | 27.0% |
| Operating margin | 0.7% | 0.5% | -0.1% | 0.5% | 0.5% | 1.9% |
| Net margin | 1.0% | -0.9% | -0.2% | 2.2% | -0.7% | 0.9% |
| Return on equity | 8.6% | -7.9% | -1.2% | 17.4% | -5.5% | 6.5% |
| Return on assets | 3.5% | -3.1% | -0.5% | 7.4% | -2.5% | 3.0% |
| Free cash flow yield | -16.8% | 7.0% | 3.2% | 4.7% | -11.6% | 20.5% |
| Revenue growth | 2.0% | 7.2% | -5.2% | 20.8% | 5.0% | 30.3% |
| Earnings growth | -216.3% | 494.9% | -106.8% | -481.7% | -180.2% | 873.2% |
| Current ratio | 1.63x | 1.62x | 1.70x | 1.72x | 1.91x | 1.94x |
| Debt to equity | 0.66x | 0.52x | 0.46x | 0.51x | 0.37x | 0.36x |
| Equity ratio | 40.7% | 39.1% | 42.6% | 42.3% | 45.8% | 46.3% |
| Interest coverage | 12.29x | 16.96x | -4.70x | 92.32x | 47.52x | 77.08x |
| R&D as a share of sales | 0.4% | 0.2% | 0.2% | 0.2% | 0.1% | 0.0% |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.2% | -0.2% | 0.0% | -0.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 1.2% | 5.6% | 12.3% |
| Operating income | 15.6% | -14.1% | 4.1% |
| Net income | -22.3% | 7.5% | 12.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 26.8% | 26.3% | 26.6% | 27.0% |
| Operating margin | 0.6% | 0.4% | 0.6% | 0.8% |
| Net margin | 0.1% | 0.5% | 0.4% | 0.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 25.9 | -15.8 | -80.4 | 7.4 | -32.6 | 40.7 | 451.4 | 90.5 | -856.5 | 132.9 |
| Price to sales | 0.3 | 0.1 | 0.1 | 0.2 | 0.2 | 0.4 | 0.5 | 1.4 | 0.6 | 0.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 28 Oct 2022.
| FY2023 | |
|---|---|
| Paid in the year | 9.00 |
- 4-for-1 split · 26 Apr 2016
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.