N 
992
-1.29%
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
¥9.40bn
FY2017FY2026
Net income
¥560.2m
FY2017FY2026
Free cash flow
−¥134.4m
FY2017FY2026
Shareholders' equity
¥22.42bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥9.40bn | ¥9.70bn | ¥10.08bn | ¥10.40bn | ¥9.84bn | ¥10.01bn | ¥10.84bn | ¥11.54bn | ¥11.37bn | ¥11.08bn |
| Gross profit | ¥2.98bn | ¥3.09bn | ¥3.31bn | ¥3.61bn | ¥3.36bn | ¥3.02bn | ¥3.50bn | ¥3.80bn | ¥4.03bn | ¥3.89bn |
| Research and development | ¥119.6m | ¥120.1m | ¥138.9m | ¥108.6m | ¥107.9m | ¥115.3m | ¥133.0m | ¥134.7m | ¥149.3m | ¥156.5m |
| Operating income | ¥443.1m | ¥200.3m | ¥468.9m | ¥824.5m | ¥638.6m | ¥240.9m | ¥436.5m | ¥620.5m | ¥715.4m | ¥597.5m |
| Net income | ¥560.2m | ¥429.9m | ¥487.5m | ¥750.1m | ¥499.2m | ¥329.7m | ¥418.8m | ¥503.9m | ¥582.6m | ¥504.9m |
| Diluted earnings per share | 32.83 | 24.28 | 27.30 | 41.15 | 26.53 | 17.47 | 21.98 | 26.35 | 30.22 | 26.24 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥28.05bn | ¥25.26bn | ¥25.07bn | ¥23.59bn | ¥22.79bn | ¥22.65bn | ¥21.27bn | ¥21.97bn | ¥22.62bn | ¥22.03bn |
| Cash and short-term investments | ¥2.92bn | ¥3.70bn | ¥3.96bn | ¥5.33bn | ¥5.06bn | ¥4.42bn | ¥3.34bn | ¥2.80bn | ¥3.48bn | ¥3.46bn |
| Total liabilities | ¥5.15bn | ¥4.55bn | ¥4.70bn | ¥5.38bn | ¥5.39bn | ¥5.36bn | ¥5.22bn | ¥5.26bn | ¥5.62bn | ¥5.63bn |
| Debt | ¥800.0m | ¥800.0m | ¥801.5m | ¥1.61bn | ¥1.62bn | ¥1.66bn | ¥997.9m | ¥1.12bn | ¥1.24bn | ¥1.32bn |
| Shareholders' equity | ¥22.42bn | ¥20.24bn | ¥19.93bn | ¥17.81bn | ¥17.02bn | ¥16.96bn | ¥15.75bn | ¥16.41bn | ¥16.70bn | ¥16.08bn |
| Shares outstanding | 17m | 18m | 18m | 18m | 19m | 19m | 19m | 19m | 19m | 19m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥692.8m | ¥1.06bn | ¥611.4m | ¥1.06bn | ¥1.28bn | ¥1.05bn | ¥2.06bn | ¥892.8m | ¥1.06bn | ¥1.04bn |
| Capital spending | −¥827.2m | −¥865.6m | −¥499.6m | −¥562.6m | −¥270.8m | −¥415.4m | −¥1.05bn | −¥1.14bn | −¥564.0m | −¥1.10bn |
| Free cash flow | −¥134.4m | ¥198.3m | ¥111.8m | ¥499.4m | ¥1.01bn | ¥639.0m | ¥1.01bn | −¥251.5m | ¥498.1m | −¥61.7m |
| Dividends paid | −¥354.2m | −¥365.1m | −¥241.8m | −¥243.6m | −¥246.4m | −¥248.0m | −¥250.0m | −¥250.4m | −¥288.6m | −¥252.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥2.24bn | ¥2.30bn | ¥2.33bn | ¥2.43bn | ¥2.34bn | ¥2.37bn | ¥2.44bn | ¥2.46bn |
| Gross profit | ¥692.1m | ¥677.6m | ¥697.0m | ¥741.8m | ¥743.4m | ¥622.9m | ¥692.2m | ¥821.4m |
| Operating income | ¥84.6m | ¥104.7m | ¥69.5m | ¥151.0m | ¥117.9m | −¥101.3m | ¥32.9m | ¥160.5m |
| Net income | ¥269.8m | ¥97.4m | ¥170.8m | ¥123.2m | ¥168.7m | ¥46.8m | ¥109.2m | ¥117.8m |
| Diluted earnings per share | 15.81 | 5.71 | 9.65 | 6.96 | 9.53 | 2.64 | 6.12 | 6.60 |
| Total assets | ¥29.51bn | ¥28.05bn | ¥27.33bn | ¥26.44bn | ¥24.70bn | ¥25.26bn | ¥25.01bn | ¥24.68bn |
| Cash and short-term investments | ¥2.61bn | ¥2.92bn | ¥2.52bn | ¥3.44bn | ¥3.41bn | ¥3.70bn | ¥3.05bn | ¥3.96bn |
| Debt | ¥800.0m | ¥800.0m | ¥800.0m | ¥800.0m | ¥800.0m | ¥800.0m | ¥800.0m | ¥800.4m |
| Shareholders' equity | ¥23.28bn | ¥22.42bn | ¥21.68bn | ¥21.17bn | ¥20.04bn | ¥20.24bn | ¥19.96bn | ¥19.71bn |
Financial ratios
Data as of 29 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Gross margin | 31.7% | 31.8% | 32.9% | 34.7% | 34.1% | 30.2% |
| Operating margin | 4.7% | 2.1% | 4.7% | 7.9% | 6.5% | 2.4% |
| Net margin | 6.0% | 4.4% | 4.8% | 7.2% | 5.1% | 3.3% |
| Return on equity | 2.5% | 2.1% | 2.4% | 4.2% | 2.9% | 1.9% |
| Return on assets | 2.0% | 1.7% | 1.9% | 3.2% | 2.2% | 1.5% |
| Free cash flow yield | 8.8% | 10.7% | 6.1% | 8.8% | 8.1% | 7.7% |
| Revenue growth | -3.1% | -3.8% | -3.0% | 5.7% | -1.7% | -7.7% |
| Earnings growth | 30.3% | -11.8% | -35.0% | 50.3% | 51.4% | -21.3% |
| Current ratio | 4.53x | 4.32x | 4.69x | 3.67x | 3.55x | 3.68x |
| Debt to equity | 0.04x | 0.04x | 0.04x | 0.09x | 0.09x | 0.10x |
| Equity ratio | 79.9% | 80.1% | 79.5% | 75.5% | 74.7% | 74.9% |
| Interest coverage | 46.15x | 29.35x | 81.17x | 86.36x | 65.75x | 26.15x |
| R&D as a share of sales | 1.3% | 1.2% | 1.4% | 1.0% | 1.1% | 1.2% |
| Buybacks as a share of market value | 3.6% | 0.9% | 2.0% | 3.1% | 0.3% | 1.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -3.3% | -1.2% | -2.1% |
| Operating income | -18.7% | 13.0% | -6.2% |
| Net income | -9.3% | 11.2% | -0.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 31.8% | 32.8% | 32.6% | 33.4% |
| Operating margin | 3.4% | 4.9% | 4.7% | 5.2% |
| Net margin | 5.2% | 5.6% | 5.1% | 4.9% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 30.9 | 37.1 | 17.8 | 10.2 | 15.2 | 25.1 | 20.0 | 18.8 | 15.0 | 19.5 |
| Price to sales | 1.8 | 1.6 | 0.9 | 0.7 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 36 years. Last went ex-dividend on 30 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 30.00 | 20.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 |
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.