D 
833
-0.12%
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
¥5.52bn
FY2017FY2026
Net income
¥51.0m
FY2017FY2026
Free cash flow
−¥170.3m
FY2017FY2026
Shareholders' equity
¥2.63bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥5.52bn | ¥8.37bn | ¥5.17bn | ¥8.63bn | ¥10.76bn | ¥6.15bn | ¥7.25bn | ¥9.54bn | ¥9.78bn | ¥9.70bn |
| Research and development | — | — | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 | — | — | — |
| Operating income | ¥188.4m | ¥158.4m | −¥275.1m | ¥307.1m | ¥120.4m | ¥131.3m | ¥426.3m | ¥431.2m | ¥566.6m | ¥453.9m |
| Net income | ¥51.0m | ¥117.4m | −¥386.7m | ¥192.5m | ¥57.8m | ¥11.9m | ¥250.6m | ¥189.0m | ¥325.2m | ¥220.2m |
| Diluted earnings per share | 11.85 | 26.83 | -111.87 | 56.08 | 16.82 | 3.48 | 73.06 | 55.10 | 95.37 | 64.09 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥6.69bn | ¥5.48bn | ¥6.00bn | ¥5.28bn | ¥5.03bn | ¥7.39bn | ¥4.20bn | ¥5.45bn | ¥6.17bn | ¥5.74bn |
| Cash and short-term investments | ¥2.16bn | ¥1.33bn | ¥1.03bn | ¥1.99bn | ¥855.3m | ¥523.7m | ¥1.60bn | — | — | — |
| Total liabilities | ¥4.05bn | ¥3.13bn | ¥4.21bn | ¥3.08bn | ¥2.99bn | ¥5.35bn | ¥2.14bn | ¥3.60bn | ¥4.47bn | ¥4.36bn |
| Debt | ¥3.61bn | ¥2.64bn | ¥3.72bn | ¥2.60bn | ¥2.58bn | ¥4.95bn | ¥1.58bn | ¥2.50bn | ¥3.67bn | ¥3.65bn |
| Shareholders' equity | ¥2.63bn | ¥2.34bn | ¥1.78bn | ¥2.20bn | ¥2.05bn | ¥2.03bn | ¥2.06bn | ¥1.84bn | ¥1.70bn | ¥1.39bn |
| Shares outstanding | 4m | 4m | 3m | 3m | 3m | 3m | 3m | 3m | 3m | 3m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −¥168.3m | ¥1.03bn | −¥825.3m | ¥1.19bn | ¥2.79bn | −¥4.25bn | ¥1.63bn | ¥1.16bn | ¥442.0m | −¥425.0m |
| Capital spending | −¥2.0m | −¥1.4m | −¥1.27bn | −¥4.4m | −¥17,000 | −¥8.2m | −¥5.7m | −¥9.0m | −¥29.0m | −¥8.0m |
| Free cash flow | −¥170.3m | ¥1.03bn | −¥2.09bn | ¥1.19bn | ¥2.79bn | −¥4.26bn | ¥1.63bn | ¥1.15bn | ¥413.0m | −¥433.0m |
| Dividends paid | −¥49.6m | −¥42.8m | −¥41.8m | −¥40.3m | −¥39.3m | −¥37.5m | −¥35.9m | −¥44.0m | −¥33.0m | −¥25.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥811.7m | ¥1.60bn | ¥2.72bn | ¥393.0m | ¥3.78bn | ¥978.5m | ¥1.88bn | ¥1.73bn |
| Operating income | ¥111.6m | ¥48.9m | ¥101.1m | −¥71.1m | ¥158.2m | −¥15.6m | ¥6.0m | ¥17.0m |
| Net income | ¥49.8m | ¥10.1m | ¥80.1m | −¥89.0m | ¥108.9m | −¥30.5m | ¥41.9m | −¥2.9m |
| Diluted earnings per share | 11.58 | 2.34 | 18.30 | -20.33 | 24.88 | -6.96 | 12.12 | -0.84 |
| Total assets | ¥6.69bn | ¥6.61bn | ¥5.49bn | ¥5.31bn | ¥5.48bn | ¥4.86bn | ¥5.00bn | ¥4.82bn |
| Cash and short-term investments | ¥2.16bn | ¥1.31bn | ¥1.22bn | ¥648.9m | ¥1.33bn | ¥788.9m | ¥1.11bn | ¥854.0m |
| Debt | ¥2.52bn | ¥2.55bn | ¥2.54bn | ¥1.17bn | ¥1.14bn | ¥804.4m | ¥2.69bn | ¥791.0m |
| Shareholders' equity | ¥2.63bn | ¥2.58bn | ¥2.57bn | ¥2.36bn | ¥2.34bn | ¥1.84bn | ¥1.79bn | ¥1.74bn |
Financial ratios
Data as of 19 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Operating margin | 3.4% | 1.9% | -4.9% | 3.6% | 1.5% | 2.8% | — |
| Net margin | 0.9% | 1.4% | -7.5% | 2.2% | 0.5% | 0.2% | — |
| Return on equity | 1.9% | 5.0% | -21.7% | 8.7% | 2.8% | 0.6% | — |
| Return on assets | 0.8% | 2.1% | -6.4% | 3.6% | 1.1% | 0.2% | — |
| Free cash flow yield | -4.6% | 27.8% | 15.1% | 41.2% | 95.9% | -146.0% | — |
| Revenue growth | -34.0% | 61.8% | -40.0% | -19.8% | 75.0% | -15.2% | — |
| Earnings growth | -56.6% | -130.4% | -300.9% | 233.3% | 384.1% | -95.2% | — |
| Current ratio | 0.90x | 2.55x | 2.01x | 10.97x | 2.33x | 2.18x | — |
| Debt to equity | 0.96x | 0.49x | 2.08x | 1.18x | 1.25x | 2.41x | — |
| Equity ratio | 39.4% | 42.8% | 29.8% | 41.7% | 40.7% | 27.5% | — |
| Interest coverage | 2.36x | 3.07x | -3.71x | 10.42x | 2.36x | 2.40x | — |
| R&D as a share of sales | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Buybacks as a share of market value | 1.7% | -26.6% | -0.7% | -0.0% | -0.0% | -0.1% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -13.8% | -2.1% | -2.3% |
| Operating income | -15.0% | 7.5% | -7.5% |
| Net income | -35.8% | 33.7% | -13.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 2.5% | 1.4% | 1.4% | 3.3% |
| Net margin | 1.2% | -0.1% | 0.1% | 1.4% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 70.8 | 34.7 | -9.3 | 7.2 | 28.5 | 150.5 | 8.5 | 8.6 | 3.8 | 14.3 |
| Price to sales | 0.7 | 0.5 | 0.7 | 0.2 | 0.1 | 0.3 | 0.3 | 0.2 | 0.1 | 0.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 9 years. Last went ex-dividend on 27 Jun 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 25.00 | 12.50 | 12.00 | 11.50 | 11.00 | 10.50 | 13.00 | 10.00 |
- 3-for-1 split · 6 Feb 2018
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.