N 
435
+0.23%
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
¥3.67bn
FY2017FY2026
Net income
¥173.9m
FY2017FY2026
Free cash flow
¥106.1m
FY2017FY2026
Shareholders' equity
¥2.77bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥3.67bn | ¥3.38bn | ¥3.63bn | ¥3.92bn | ¥3.42bn | ¥3.41bn | ¥5.47bn | ¥5.51bn | ¥6.19bn | ¥5.91bn |
| Gross profit | ¥888.0m | ¥682.6m | ¥816.4m | ¥890.1m | ¥852.2m | ¥651.1m | ¥835.2m | ¥873.4m | ¥812.0m | ¥805.2m |
| Research and development | — | ¥20.6m | ¥29.4m | — | ¥62.2m | — | — | ¥4.6m | ¥3.4m | ¥33.1m |
| Operating income | ¥331.8m | ¥82.6m | ¥144.9m | ¥281.2m | ¥205.1m | ¥140.4m | −¥77.6m | ¥21.6m | −¥51.4m | −¥208.2m |
| Net income | ¥173.9m | −¥33.8m | ¥106.1m | ¥200.2m | ¥580.6m | ¥264.0m | −¥68.3m | −¥83.6m | ¥312.9m | −¥297.8m |
| Diluted earnings per share | 24.84 | -4.82 | 15.16 | 28.61 | 82.95 | 37.72 | -9.75 | -11.94 | 44.71 | -42.54 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥3.43bn | ¥3.14bn | ¥3.19bn | ¥3.18bn | ¥3.12bn | ¥2.32bn | ¥2.71bn | ¥2.74bn | ¥3.20bn | ¥3.17bn |
| Cash and short-term investments | ¥2.25bn | ¥2.19bn | ¥2.16bn | ¥2.22bn | ¥1.96bn | ¥1.07bn | −¥20.0m | ¥1.24bn | ¥1.29bn | ¥1.05bn |
| Total liabilities | ¥654.9m | ¥494.1m | ¥471.2m | ¥525.4m | ¥650.1m | ¥403.9m | ¥21.0m | ¥785.2m | ¥1.14bn | ¥1.40bn |
| Debt | — | — | −¥7.1m | −¥12.7m | −¥16.8m | ¥255.0m | ¥20.0m | ¥57.8m | ¥152.8m | ¥313.2m |
| Shareholders' equity | ¥2.77bn | ¥2.64bn | ¥2.72bn | ¥2.65bn | ¥2.47bn | ¥1.92bn | ¥1.84bn | ¥1.93bn | ¥2.04bn | ¥1.75bn |
| Shares outstanding | 7m | 7m | 7m | 7m | 7m | 7m | 7m | 7m | 7m | 7m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥107.5m | ¥74.3m | ¥81.4m | ¥153.3m | ¥205.5m | ¥245.5m | −¥153.2m | ¥94.7m | ¥68.1m | −¥211.5m |
| Capital spending | −¥1.4m | −¥4.0m | −¥11.0m | −¥3.5m | −¥2.0m | −¥4.2m | −¥899,000 | −¥1.0m | −¥32.3m | −¥12.7m |
| Free cash flow | ¥106.1m | ¥70.3m | ¥70.4m | ¥149.9m | ¥203.5m | ¥241.3m | −¥154.1m | ¥93.7m | ¥35.7m | −¥224.2m |
| Dividends paid | −¥42.0m | −¥42.0m | −¥40.2m | −¥22.8m | −¥22.8m | −¥22.7m | −¥22.8m | −¥23.1m | −¥22.9m | −¥22.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥669.1m | ¥1.12bn | ¥899.0m | ¥966.6m | ¥689.6m | ¥1.04bn | ¥830.9m | ¥762.2m |
| Gross profit | ¥76.8m | ¥341.9m | ¥199.3m | ¥274.3m | ¥72.5m | ¥301.5m | ¥121.5m | ¥155.5m |
| Operating income | −¥77.9m | ¥191.4m | ¥60.3m | ¥144.8m | −¥64.7m | ¥171.5m | −¥29.2m | ¥11.0m |
| Net income | −¥54.5m | ¥76.5m | ¥41.0m | ¥102.2m | −¥45.8m | ¥119.9m | −¥20.9m | −¥83.0m |
| Diluted earnings per share | -7.78 | 10.93 | 5.85 | 14.61 | -6.55 | 17.14 | -2.99 | -11.86 |
| Cash from operations | — | — | — | ¥68.0m | — | — | — | — |
| Total assets | ¥3.09bn | ¥3.43bn | ¥3.17bn | ¥3.10bn | ¥2.94bn | ¥3.14bn | ¥2.96bn | ¥2.89bn |
| Cash and short-term investments | ¥2.30bn | ¥2.25bn | ¥2.31bn | ¥2.21bn | ¥2.22bn | ¥2.19bn | ¥2.16bn | ¥2.14bn |
| Debt | — | — | — | — | — | — | — | ¥69.9m |
| Shareholders' equity | ¥2.67bn | ¥2.77bn | ¥2.70bn | ¥2.66bn | ¥2.55bn | ¥2.64bn | ¥2.52bn | ¥2.54bn |
Financial ratios
Data as of 20 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 24.2% | 20.2% | 22.5% | 22.7% | 24.9% | 19.1% | — | — | — | — |
| Operating margin | 6.9% | -0.2% | 4.0% | 7.2% | 23.7% | 4.1% | — | — | — | — |
| Net margin | 4.7% | -1.0% | 2.9% | 5.1% | 17.0% | 7.7% | — | — | — | — |
| Return on equity | 6.3% | -1.3% | 3.9% | 7.6% | 23.5% | 13.8% | — | — | — | — |
| Return on assets | 5.1% | -1.1% | 3.3% | 6.3% | 18.6% | 11.4% | — | — | — | — |
| Free cash flow yield | 3.1% | 2.1% | 2.3% | 4.4% | 5.9% | 7.0% | — | — | — | — |
| Revenue growth | 8.7% | -7.0% | -7.4% | 14.7% | 0.2% | -37.6% | — | — | — | — |
| Earnings growth | -615.1% | -131.8% | -47.0% | -65.5% | 119.9% | -486.8% | — | — | — | — |
| Current ratio | 5.12x | 6.24x | 6.47x | 5.91x | 4.67x | 4.81x | — | — | — | — |
| Debt to equity | — | — | -0.00x | -0.00x | -0.01x | 0.13x | -0.45x | 0.02x | — | — |
| Equity ratio | 80.9% | 84.2% | 85.2% | 83.5% | 79.2% | 82.6% | — | — | — | — |
| Interest coverage | — | — | — | — | 352.56x | 771.27x | -298.43x | 40.12x | -36.43x | -101.23x |
| R&D as a share of sales | — | 0.6% | 0.8% | — | 1.8% | — | — | 0.1% | 0.1% | 0.6% |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -2.1% | 1.5% | -6.0% |
| Operating income | 5.7% | 18.8% | 8.5% |
| Net income | -4.6% | -8.0% | 8.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 22.3% | 22.4% | 22.3% | 18.1% |
| Operating margin | 5.9% | 5.8% | 5.5% | 2.0% |
| Net margin | 2.0% | 3.1% | 6.0% | 2.4% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 19.2 | -119.6 | 37.1 | 18.4 | 5.5 | 14.7 | -65.2 | -62.3 | 7.7 | -14.4 |
| Price to sales | 0.9 | 1.2 | 1.1 | 0.9 | 0.9 | 1.1 | 0.8 | 0.9 | 0.4 | 0.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 18 years. Last went ex-dividend on 30 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 12.00 | 6.00 | 5.75 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 |
- 100-for-1 split · 26 Dec 2012
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.