T 
2,827
+0.46%
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
¥26.03bn
FY2017FY2025
Net income
¥3.12bn
FY2017FY2025
Free cash flow
¥4.21bn
FY2017FY2025
Shareholders' equity
¥25.69bn
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥26.03bn | ¥22.04bn | ¥21.24bn | ¥22.17bn | ¥19.63bn | ¥18.73bn | ¥19.00bn | ¥19.86bn | ¥18.69bn |
| Gross profit | ¥8.90bn | ¥6.65bn | ¥5.78bn | ¥7.23bn | ¥6.96bn | ¥6.31bn | ¥6.74bn | ¥6.93bn | ¥6.64bn |
| Research and development | ¥83.4m | ¥70.3m | ¥71.6m | ¥90.5m | ¥120.3m | ¥142.2m | ¥219.4m | ¥188.0m | ¥144.3m |
| Operating income | ¥3.92bn | ¥2.20bn | ¥1.48bn | ¥2.75bn | ¥2.62bn | ¥1.97bn | ¥2.34bn | ¥2.57bn | ¥2.44bn |
| Net income | ¥3.12bn | ¥1.31bn | ¥966.4m | ¥2.41bn | ¥1.72bn | ¥1.21bn | ¥1.70bn | ¥1.33bn | ¥1.79bn |
| Diluted earnings per share | 169.86 | 71.50 | 52.63 | 131.36 | 93.97 | 65.88 | 93.16 | 72.47 | 97.08 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥39.00bn | ¥35.89bn | ¥32.45bn | ¥33.05bn | ¥28.99bn | ¥26.50bn | ¥28.61bn | ¥28.70bn | ¥28.07bn |
| Cash and short-term investments | ¥8.45bn | ¥5.11bn | ¥4.02bn | ¥6.99bn | ¥5.41bn | ¥5.79bn | ¥5.16bn | ¥5.08bn | ¥5.32bn |
| Total liabilities | ¥13.31bn | ¥12.53bn | ¥10.01bn | ¥10.46bn | ¥8.52bn | ¥7.52bn | ¥9.93bn | ¥11.37bn | ¥11.35bn |
| Debt | ¥6.68bn | ¥8.04bn | ¥5.61bn | ¥5.46bn | ¥2.91bn | ¥2.65bn | ¥3.33bn | ¥4.71bn | ¥5.50bn |
| Shareholders' equity | ¥25.69bn | ¥23.36bn | ¥22.44bn | ¥22.27bn | ¥20.19bn | ¥18.74bn | ¥18.43bn | ¥17.08bn | ¥16.44bn |
| Shares outstanding | 18m | 18m | 18m | 18m | 18m | 18m | 18m | 18m | 18m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥5.22bn | ¥2.85bn | ¥1.92bn | ¥1.80bn | ¥1.06bn | ¥2.59bn | ¥2.82bn | ¥2.17bn | ¥1.48bn |
| Capital spending | −¥1.01bn | −¥3.31bn | −¥2.88bn | −¥1.90bn | −¥929.0m | −¥1.02bn | −¥912.7m | −¥904.1m | −¥702.9m |
| Free cash flow | ¥4.21bn | −¥469.0m | −¥966.2m | −¥102.6m | ¥132.1m | ¥1.57bn | ¥1.91bn | ¥1.27bn | ¥778.7m |
| Dividends paid | −¥989.7m | −¥989.4m | −¥1.10bn | −¥766.4m | −¥747.9m | −¥801.8m | −¥502.4m | −¥538.3m | −¥394.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥8.13bn | ¥8.15bn | ¥7.26bn | ¥6.20bn | ¥6.51bn | ¥6.06bn | ¥6.02bn | ¥5.70bn |
| Gross profit | ¥2.96bn | ¥3.07bn | ¥2.46bn | ¥2.16bn | ¥2.15bn | ¥2.13bn | ¥1.76bn | ¥1.65bn |
| Operating income | ¥1.71bn | ¥1.85bn | ¥1.04bn | ¥964.4m | ¥929.1m | ¥990.2m | ¥621.7m | ¥540.7m |
| Net income | ¥1.17bn | ¥1.20bn | ¥763.3m | ¥1.03bn | ¥618.9m | ¥707.2m | ¥274.8m | ¥423.1m |
| Diluted earnings per share | 63.60 | 65.43 | 41.51 | 56.22 | 33.66 | 38.46 | 14.97 | 23.04 |
| Total assets | ¥41.06bn | ¥38.66bn | ¥39.00bn | ¥37.03bn | ¥36.71bn | ¥35.90bn | ¥35.89bn | ¥34.39bn |
| Cash and short-term investments | ¥7.80bn | ¥5.94bn | ¥8.45bn | ¥7.25bn | ¥7.39bn | ¥6.13bn | ¥5.11bn | ¥4.51bn |
| Debt | ¥6.24bn | ¥2.07bn | ¥6.68bn | ¥2.47bn | ¥7.81bn | ¥3.07bn | ¥2.91bn | ¥2.87bn |
| Shareholders' equity | ¥27.81bn | ¥26.35bn | ¥25.69bn | ¥24.48bn | ¥23.72bn | ¥23.24bn | ¥23.36bn | ¥22.59bn |
Financial ratios
Data as of 17 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 34.2% | 30.2% | 27.2% | 32.6% | 35.5% | 33.7% |
| Operating margin | 15.1% | 10.0% | 7.0% | 12.4% | 13.3% | 10.5% |
| Net margin | 12.0% | 6.0% | 4.5% | 10.9% | 8.8% | 6.4% |
| Return on equity | 12.2% | 5.6% | 4.3% | 10.8% | 8.5% | 6.4% |
| Return on assets | 8.0% | 3.7% | 3.0% | 7.3% | 5.9% | 4.5% |
| Free cash flow yield | 8.1% | 8.0% | 6.3% | 4.8% | 2.6% | 4.7% |
| Revenue growth | 18.1% | 3.8% | -4.2% | 12.9% | 4.8% | -1.4% |
| Earnings growth | 137.9% | 35.9% | -60.0% | 40.4% | 42.6% | -29.0% |
| Current ratio | 2.66x | 2.62x | 3.60x | 3.70x | 2.22x | 2.41x |
| Debt to equity | 0.26x | 0.34x | 0.25x | 0.25x | 0.14x | 0.14x |
| Equity ratio | 65.9% | 65.1% | 69.2% | 67.4% | 69.6% | 70.7% |
| Interest coverage | 50.93x | 33.36x | 29.71x | 124.40x | 125.05x | 84.63x |
| R&D as a share of sales | 0.3% | 0.3% | 0.3% | 0.4% | 0.6% | 0.8% |
| Buybacks as a share of market value | -0.1% | -0.0% | 0.1% | -0.4% | 0.0% | -0.5% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 5.5% | 6.8% | — |
| Operating income | 12.5% | 14.8% | — |
| Net income | 9.0% | 21.0% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 32.3% | 31.2% | 32.2% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | 12.8 | 15.3 | 20.7 | 7.6 | 11.6 | 15.4 | 13.4 |
| Price to sales | 1.5 | 0.9 | 0.9 | 0.8 | 1.0 | 1.0 | 1.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 7 years. Last went ex-dividend on 29 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Paid in the year | 31.00 | 64.00 | 54.00 | 60.00 | 42.00 | 41.00 | 44.00 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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