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Innovation 3970.T · JPY

Communication Services · Tokyo Stock Exchange · 🇯🇵 Japan

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758

+2.43%

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.

FY2026

Revenue

¥6.97bn

FY2017FY2026

Net income

−¥457.0m

FY2017FY2026

Free cash flow

¥155.2m

FY2017FY2026

Shareholders' equity

¥2.90bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥6.97bn¥5.34bn¥4.81bn¥4.57bn¥4.38bn¥3.08bn¥2.02bn¥1.49bn¥1.35bn¥1.26bn
Research and development—¥122.2m¥57.0m¥50.0m¥44.0m¥2.0m¥5.0m———
Operating income−¥248.0m¥351.9m¥399.5m¥343.3m¥777.5m¥517.7m¥175.0m¥16.0m¥48.9m¥153.8m
Net income−¥457.0m¥67.5m¥244.5m¥62.8m¥448.1m¥293.4m¥92.0m¥8.9m¥23.5m¥121.5m
Diluted earnings per share-170.0025.2392.4024.24178.59124.7139.234.5715.0161.71

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets¥7.85bn¥8.32bn¥4.68bn¥3.80bn¥3.77bn¥3.14bn¥1.32bn¥1.12bn¥1.12bn¥1.24bn
Cash and short-term investments¥3.42bn¥3.74bn¥3.45bn¥2.37bn¥2.18bn¥2.00bn−¥19.3m¥661.6m¥736.2m¥903.1m
Total liabilities¥4.20bn¥4.25bn¥1.11bn¥614.6m¥747.6m¥605.8m¥19.9m¥247.2m¥260.9m¥406.5m
Debt¥2.41bn¥2.60bn¥300.0m−¥20.1m−¥24.1m—¥19.3m¥49.2m¥94.2m¥150.0m
Shareholders' equity¥2.90bn¥3.39bn¥3.53bn¥3.16bn¥2.98bn¥2.51bn¥934.0m¥868.7m¥859.6m¥828.5m
Shares outstanding3m3m3m3m3m2m2m2m2m2m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations¥253.1m¥73.1m¥345.0m¥113.2m¥466.5m¥422.8m¥262.0m¥9.0m¥9.0m¥9.0m
Capital spending−¥98.0m−¥30.3m−¥69.9m−¥114.0m−¥128.7m−¥69.2m−¥5.0m−¥4.0m−¥4.0m−¥4.0m
Free cash flow¥155.2m¥42.7m¥275.1m−¥758,000¥337.8m¥353.6m¥257.0m¥5.0m¥5.0m¥5.0m
Dividends paid−¥109.1m−¥107.1m−¥98.5m−¥91.0m——————

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥1.47bn¥1.94bn¥1.66bn¥1.78bn¥1.59bn¥1.45bn¥1.30bn¥1.38bn
Operating income¥9.1m¥118.0m−¥105.1m−¥75.5m−¥186.3m¥125.3m¥41.0m¥154.0m
Net income−¥53.1m−¥20.0m−¥167.9m−¥83.9m−¥186.0m¥41.6m¥2.0m¥36.7m
Diluted earnings per share-19.76-7.44-62.78-31.38-69.5615.540.7613.85
Total assets¥7.15bn¥7.85bn¥7.84bn¥7.97bn¥7.80bn¥8.32bn¥4.29bn¥4.46bn
Cash and short-term investments¥3.05bn¥3.42bn¥3.64bn¥3.63bn¥3.53bn¥3.74bn¥3.18bn¥3.21bn
Debt¥514.6m¥2.41bn¥597.5m¥2.44bn¥544.6m¥2.60bn¥100.0m¥250.0m
Shareholders' equity¥2.73bn¥2.90bn¥2.95bn¥3.07bn¥3.10bn¥3.39bn¥3.39bn¥3.39bn

Financial ratios

Data as of 27 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating margin-3.6%5.8%9.0%4.2%17.3%15.7%——
Net margin-6.6%1.3%5.1%1.4%10.2%9.5%——
Return on equity-15.8%2.0%6.9%2.0%15.0%11.7%——
Return on assets-5.8%0.8%5.2%1.7%11.9%9.4%——
Free cash flow yield16.2%4.8%19.4%10.9%29.4%25.9%——
Revenue growth30.4%11.0%5.3%4.4%42.1%52.5%——
Earnings growth-777.3%-72.4%289.4%-86.0%52.7%218.9%——
Current ratio2.31x1.33x4.77x5.21x4.15x4.37x——
Debt to equity0.83x0.77x0.09x-0.01x-0.01x0.00x——
Equity ratio37.0%40.7%75.4%83.3%79.0%80.1%——
Interest coverage-7.72x37.43x25605.65x——10505.61x723.14x35.01x
R&D as a share of sales—2.3%1.2%1.1%1.0%0.1%0.2%—
Buybacks as a share of market value-0.5%-1.1%-2.1%-3.3%-6.7%-0.3%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue15.1%17.7%18.3%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin0.8%3.9%7.3%7.0%
Net margin-3.2%-0.4%2.3%2.5%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings-4.337.212.853.09.830.187.8—46.027.6
Price to sales0.30.50.70.71.02.94.03.00.82.7

Dividends and splits

Per share, in the currency the company pays

Paid for 4 years. Last went ex-dividend on 30 Mar 2026.

FY2026FY2025FY2024FY2023
Paid in the year80.0040.0039.0038.00
  • 2-for-1 split · 28 Jun 2017

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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