M 
375
+1.08%
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
¥3.25bn
FY2016FY2025
Net income
¥459.5m
FY2016FY2025
Free cash flow
¥910.6m
FY2016FY2025
Shareholders' equity
¥4.77bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥3.25bn | ¥2.88bn | ¥2.81bn | ¥2.16bn | ¥1.84bn | ¥3.77bn | ¥2.73bn | ¥2.74bn | ¥2.51bn | ¥2.40bn |
| Operating income | ¥875.0m | ¥695.6m | ¥382.7m | ¥175.0m | ¥293.7m | ¥611.4m | ¥608.0m | ¥726.6m | ¥1.18bn | ¥1.16bn |
| Net income | ¥459.5m | ¥342.3m | ¥142.5m | ¥60.4m | ¥87.5m | ¥258.2m | ¥221.0m | ¥251.5m | ¥153.0m | −¥18.7m |
| Diluted earnings per share | 58.12 | 43.67 | 18.07 | 7.72 | 55.92 | 164.90 | 141.16 | 31.84 | 19.36 | -2.37 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥18.80bn | ¥18.82bn | ¥18.74bn | ¥15.38bn | ¥16.03bn | ¥16.08bn | ¥998.4m | ¥16.40bn | ¥17.03bn | ¥17.56bn |
| Cash and short-term investments | ¥1.85bn | ¥1.48bn | ¥1.47bn | ¥849.1m | ¥690.1m | ¥1.37bn | ¥637.1m | — | — | — |
| Total liabilities | ¥14.03bn | ¥14.49bn | ¥14.74bn | ¥11.50bn | ¥12.17bn | ¥12.27bn | ¥1.39bn | ¥12.96bn | ¥14.46bn | ¥15.58bn |
| Debt | ¥8.34bn | ¥8.74bn | ¥9.54bn | ¥6.62bn | ¥7.48bn | ¥6.22bn | ¥7.86bn | ¥11.14bn | ¥7.15bn | ¥7.24bn |
| Shareholders' equity | ¥4.77bn | ¥4.33bn | ¥4.00bn | ¥3.88bn | ¥3.85bn | ¥3.81bn | ¥16.69bn | ¥3.44bn | ¥2.57bn | ¥1.98bn |
| Shares outstanding | 8m | 8m | 8m | 8m | 2m | 2m | 2m | 8m | 8m | 8m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥1.58bn | ¥1.74bn | ¥1.35bn | ¥969.5m | ¥146.8m | ¥2.40bn | ¥1.26bn | ¥1.31bn | ¥1.31bn | ¥962.9m |
| Capital spending | −¥667.3m | −¥1.27bn | −¥3.95bn | −¥29.4m | −¥857.1m | −¥667.9m | −¥1.76bn | −¥43.0m | −¥43.0m | −¥1.74bn |
| Free cash flow | ¥910.6m | ¥472.0m | −¥2.60bn | ¥940.2m | −¥710.3m | ¥1.73bn | −¥501.0m | ¥1.26bn | ¥1.26bn | −¥776.0m |
| Dividends paid | −¥40.7m | −¥21.8m | −¥15.7m | −¥14.1m | −¥47.0m | −¥47.0m | −¥46.9m | −¥46.0m | −¥46.0m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥1.51bn | ¥371.3m | ¥415.7m | ¥1.97bn | ¥507.7m | ¥383.6m | ¥390.0m | ¥1.41bn |
| Operating income | ¥460.1m | ¥74.1m | ¥107.3m | ¥635.2m | ¥78.0m | ¥77.2m | ¥84.0m | ¥386.0m |
| Net income | ¥280.4m | ¥13.7m | ¥35.7m | ¥395.8m | ¥17.1m | ¥20.9m | ¥25.0m | ¥220.0m |
| Diluted earnings per share | 35.49 | 1.74 | 4.52 | 50.07 | 2.16 | 2.64 | 3.19 | 28.07 |
| Cash from operations | — | — | — | ¥1.58bn | — | — | — | — |
| Capital spending | — | — | — | −¥667.0m | — | — | — | — |
| Free cash flow | — | — | — | ¥910.0m | — | — | — | — |
| Total assets | ¥19.29bn | ¥19.95bn | ¥19.59bn | ¥18.80bn | ¥19.21bn | ¥18.87bn | ¥18.78bn | ¥18.82bn |
| Cash and short-term investments | ¥2.05bn | ¥1.87bn | ¥2.01bn | ¥1.85bn | ¥1.25bn | ¥1.47bn | ¥1.48bn | ¥1.48bn |
| Debt | ¥2.19bn | ¥9.44bn | ¥2.28bn | ¥8.34bn | ¥1.23bn | ¥8.80bn | ¥1.29bn | ¥1.09bn |
| Shareholders' equity | ¥5.05bn | ¥4.76bn | ¥4.76bn | ¥4.77bn | ¥4.36bn | ¥4.35bn | ¥4.32bn | ¥4.33bn |
Financial ratios
Data as of 23 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 24.6% | 24.2% | 8.9% | 8.2% | 15.9% | 12.4% |
| Net margin | 14.1% | 11.9% | 5.1% | 2.8% | 4.8% | 6.8% |
| Return on equity | 9.6% | 7.9% | 3.6% | 1.6% | 2.3% | 6.8% |
| Return on assets | 2.4% | 1.8% | 0.8% | 0.4% | 0.5% | 1.6% |
| Free cash flow yield | 73.0% | 98.8% | 172.7% | 32.8% | 164.9% | 503.6% |
| Revenue growth | 13.1% | 2.4% | 30.0% | 17.3% | -51.1% | 37.8% |
| Earnings growth | 34.3% | 140.2% | 135.9% | -31.0% | -66.1% | 16.8% |
| Current ratio | 1.33x | 1.96x | 1.41x | 1.58x | 0.80x | 0.84x |
| Debt to equity | 1.75x | 2.02x | 2.38x | 1.71x | 1.94x | 2.35x |
| Equity ratio | 25.4% | 23.0% | 21.4% | 25.2% | 24.0% | 23.7% |
| Interest coverage | 5.91x | 6.14x | 2.67x | 2.08x | 3.53x | 5.62x |
| Buybacks as a share of market value | -0.9% | 0.6% | -0.8% | -400.0% | 0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 14.6% | -3.3% | — |
| Operating income | 71.0% | 7.4% | — |
| Net income | 96.7% | 12.2% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | 6.1 | 8.5 | 21.0 | 23.8 | 3.5 | 1.3 | 2.0 | 6.6 |
| Price to sales | 0.9 | 1.1 | 1.1 | 0.7 | 0.2 | 0.1 | 0.2 | 0.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 8 years. Last went ex-dividend on 29 Sept 2025.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 6.00 | 5.20 | 2.80 | 2.00 | 1.80 | 6.00 | 6.00 | 6.00 |
- 5-for-1 split · 30 Jan 2024
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.