F 
441
-2.65%
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
¥5.07bn
FY2017FY2026
Net income
¥125.1m
FY2017FY2026
Free cash flow
¥50.4m
FY2017FY2026
Shareholders' equity
¥345.9m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥5.07bn | ¥4.89bn | ¥4.59bn | ¥4.19bn | ¥4.02bn | ¥4.17bn | ¥4.63bn | ¥4.28bn | ¥4.54bn | ¥4.73bn |
| Gross profit | ¥3.04bn | ¥2.89bn | ¥2.65bn | ¥2.54bn | ¥2.46bn | ¥2.55bn | ¥2.82bn | ¥2.74bn | ¥2.92bn | ¥3.03bn |
| Operating income | ¥160.6m | ¥113.9m | ¥93.9m | ¥42.7m | −¥34.4m | −¥137.6m | ¥8.0m | −¥77.1m | ¥77.7m | −¥186.1m |
| Net income | ¥125.1m | ¥96.8m | ¥52.6m | −¥69.9m | −¥110.2m | −¥215.3m | −¥103.9m | −¥142.6m | ¥13.0m | −¥194.3m |
| Diluted earnings per share | 36.45 | 28.21 | 15.41 | -20.47 | -36.73 | -89.19 | -54.06 | -87.30 | 7.91 | -143.66 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥2.82bn | ¥2.80bn | ¥2.85bn | ¥2.70bn | ¥2.93bn | ¥3.11bn | ¥3.13bn | ¥3.29bn | ¥3.47bn | ¥3.67bn |
| Cash and short-term investments | ¥328.5m | ¥365.4m | ¥514.9m | ¥597.5m | ¥510.1m | ¥555.6m | ¥360.2m | ¥284.9m | ¥421.1m | ¥467.5m |
| Total liabilities | ¥2.47bn | ¥2.56bn | ¥2.71bn | ¥2.61bn | ¥2.93bn | ¥3.06bn | ¥3.11bn | ¥3.25bn | ¥3.41bn | ¥3.61bn |
| Debt | ¥2.02bn | ¥2.07bn | ¥2.19bn | ¥2.13bn | ¥2.46bn | ¥2.47bn | ¥2.52bn | ¥2.70bn | ¥2.86bn | ¥3.06bn |
| Shareholders' equity | ¥345.9m | ¥238.5m | ¥139.4m | ¥85.2m | ¥2.6m | ¥44.6m | ¥18.8m | ¥37.5m | ¥57.6m | ¥62.4m |
| Shares outstanding | 3m | 3m | 3m | 3m | 3m | 2m | 2m | 2m | 2m | 1m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥193.4m | ¥224.9m | ¥221.6m | ¥172.2m | −¥83.3m | −¥32.4m | ¥231.3m | ¥36.0m | ¥147.0m | ¥159.0m |
| Capital spending | −¥143.0m | −¥244.0m | −¥157.5m | −¥88.8m | −¥21.3m | −¥67.9m | −¥83.4m | −¥178.0m | −¥154.0m | −¥151.0m |
| Free cash flow | ¥50.4m | −¥19.1m | ¥64.1m | ¥83.4m | −¥104.6m | −¥100.3m | ¥147.8m | −¥142.0m | −¥7.0m | ¥8.0m |
| Dividends paid | −¥24.7m | — | — | — | — | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥1.28bn | ¥1.30bn | ¥1.31bn | ¥1.24bn | ¥1.22bn | ¥1.24bn | ¥1.27bn | ¥1.25bn |
| Gross profit | ¥783.9m | ¥795.3m | ¥788.1m | ¥733.8m | ¥726.0m | ¥738.0m | ¥747.0m | ¥741.0m |
| Operating income | ¥67.7m | ¥68.5m | ¥52.5m | ¥9.9m | ¥29.0m | ¥37.6m | ¥41.0m | ¥38.0m |
| Net income | ¥61.0m | ¥70.2m | ¥40.1m | −¥6.6m | ¥21.0m | ¥56.0m | ¥27.0m | ¥18.0m |
| Diluted earnings per share | 17.78 | 20.46 | 11.67 | -1.92 | 6.12 | 16.32 | 7.91 | 5.27 |
| Total assets | ¥2.81bn | ¥2.82bn | ¥2.86bn | ¥2.80bn | ¥2.83bn | ¥2.80bn | ¥2.82bn | ¥2.73bn |
| Cash and short-term investments | ¥344.5m | ¥328.5m | ¥317.3m | ¥337.9m | ¥391.8m | ¥365.4m | ¥328.0m | ¥349.2m |
| Debt | ¥453.7m | ¥2.00bn | ¥498.1m | ¥2.08bn | ¥430.0m | ¥2.05bn | ¥403.0m | ¥2.11bn |
| Shareholders' equity | ¥386.1m | ¥345.9m | ¥272.7m | ¥229.7m | ¥226.3m | ¥238.5m | ¥181.3m | ¥153.3m |
Financial ratios
Data as of 2 Nov 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Gross margin | 60.0% | 59.1% | 57.7% | 60.6% | 61.1% | 61.2% |
| Operating margin | 3.3% | 3.3% | 2.5% | 0.0% | -0.9% | -3.3% |
| Net margin | 2.5% | 2.0% | 1.1% | -1.7% | -2.7% | -5.2% |
| Return on equity | 36.2% | 40.6% | 37.7% | -82.0% | -4314.2% | -482.4% |
| Return on assets | 4.4% | 3.5% | 1.8% | -2.6% | -3.8% | -6.9% |
| Free cash flow yield | 21.5% | 29.9% | 24.3% | 16.7% | -4.5% | 3.2% |
| Revenue growth | 3.6% | 6.6% | 9.4% | 4.3% | -3.6% | -9.9% |
| Earnings growth | 29.2% | 84.1% | -175.2% | -36.6% | -48.8% | 107.2% |
| Current ratio | 0.87x | 0.90x | 1.16x | 1.38x | 1.38x | 1.21x |
| Debt to equity | 5.78x | 8.57x | 15.64x | 25.09x | 961.62x | 55.18x |
| Equity ratio | 12.3% | 8.5% | 4.9% | 3.2% | 0.1% | 1.4% |
| Interest coverage | 3.32x | 3.10x | 2.43x | 0.02x | -0.61x | -2.37x |
| Buybacks as a share of market value | 0.0% | -0.6% | 0.0% | -13.7% | -24.4% | -25.6% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 6.5% | 4.0% | -0.2% |
| Operating income | 55.6% | — | 5.4% |
| Net income | — | — | 11.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 59.6% | 59.3% | 59.9% | 61.3% |
| Operating margin | 2.8% | 2.2% | 0.9% | 0.3% |
| Net margin | 2.2% | 1.1% | -0.4% | -1.0% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 12.3 | 11.7 | 15.6 | -12.8 | -7.0 | -3.2 | -6.4 | -9.7 | 100.5 | -13.9 |
| Price to sales | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.3 | 0.3 | 0.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 30 Mar 2026.
| FY2026 | FY2012 | FY2011 | FY2008 | FY2006 | |
|---|---|---|---|---|---|
| Paid in the year | 5.00 | 5.00 | 5.00 | 37.00 | 77.00 |
- 100-for-1 split · 26 Sept 2013
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.