U 
434
+5.08%
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
¥7.75bn
FY2017FY2026
Net income
¥737.5m
FY2017FY2026
Free cash flow
¥1.34bn
FY2017FY2026
Shareholders' equity
¥3.70bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥7.75bn | ¥6.70bn | ¥5.94bn | ¥4.86bn | ¥4.03bn | ¥3.22bn | ¥2.48bn | ¥2.24bn | ¥1.91bn | ¥1.72bn |
| Gross profit | ¥5.56bn | ¥4.68bn | ¥4.25bn | ¥3.49bn | ¥2.84bn | ¥2.24bn | ¥1.67bn | ¥1.53bn | ¥1.30bn | ¥1.18bn |
| Operating income | ¥936.5m | ¥762.9m | ¥1.32bn | ¥8.9m | −¥251.3m | ¥135.3m | −¥190.2m | ¥429.7m | ¥390.5m | ¥241.6m |
| Net income | ¥737.5m | ¥458.1m | ¥720.1m | −¥45.5m | −¥64.4m | ¥42.2m | −¥207.4m | ¥257.8m | ¥287.5m | ¥241.8m |
| Diluted earnings per share | 26.68 | 16.55 | 26.02 | -1.64 | -2.33 | 1.53 | -7.57 | 9.43 | 10.96 | 9.28 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥8.05bn | ¥6.25bn | ¥6.05bn | ¥4.62bn | ¥4.34bn | ¥4.20bn | ¥3.61bn | ¥3.52bn | ¥2.81bn | ¥2.52bn |
| Cash and short-term investments | ¥4.58bn | ¥3.41bn | ¥3.59bn | ¥2.40bn | ¥2.81bn | ¥3.29bn | ¥2.89bn | ¥3.07bn | ¥2.53bn | ¥2.23bn |
| Total liabilities | ¥4.35bn | ¥3.23bn | ¥3.24bn | ¥2.54bn | ¥2.21bn | ¥1.99bn | ¥1.46bn | ¥1.32bn | ¥871.1m | ¥866.0m |
| Debt | ¥588.6m | ¥158.3m | ¥198.3m | ¥38.9m | ¥80.7m | ¥123.0m | ¥159.7m | ¥202.2m | ¥10.5m | ¥26.6m |
| Shareholders' equity | ¥3.70bn | ¥3.03bn | ¥2.81bn | ¥2.09bn | ¥2.13bn | ¥2.21bn | ¥2.15bn | ¥2.20bn | ¥1.94bn | ¥1.65bn |
| Shares outstanding | 28m | 28m | 28m | 28m | 28m | 28m | 27m | 27m | 26m | 26m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥1.50bn | ¥651.9m | ¥1.47bn | ¥328.9m | −¥30.7m | ¥701.8m | −¥52.1m | ¥431.9m | ¥344.7m | ¥388.0m |
| Capital spending | −¥161.4m | −¥142.6m | −¥372.9m | −¥286.9m | −¥74.8m | −¥57.8m | −¥81.1m | −¥79.4m | −¥17.7m | −¥17.3m |
| Free cash flow | ¥1.34bn | ¥509.4m | ¥1.10bn | ¥41.9m | −¥105.5m | ¥644.0m | −¥133.2m | ¥352.5m | ¥327.0m | ¥370.7m |
| Dividends paid | −¥69.1m | −¥241.9m | — | — | — | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥1.94bn | ¥2.31bn | ¥2.00bn | ¥1.74bn | ¥1.70bn | ¥1.94bn | ¥1.72bn | ¥1.55bn |
| Gross profit | ¥1.44bn | ¥1.61bn | ¥1.43bn | ¥1.28bn | ¥1.24bn | ¥1.34bn | ¥1.20bn | ¥1.09bn |
| Operating income | ¥232.9m | ¥314.2m | ¥270.0m | ¥219.1m | ¥128.9m | ¥340.6m | ¥244.0m | ¥119.0m |
| Net income | ¥169.4m | ¥230.4m | ¥179.5m | ¥134.8m | ¥192.7m | ¥175.3m | ¥164.0m | ¥70.0m |
| Diluted earnings per share | 6.13 | 8.34 | 6.49 | 4.87 | 6.96 | 6.33 | 5.93 | 2.53 |
| Cash from operations | — | — | — | — | — | ¥206.0m | ¥206.0m | ¥119.0m |
| Capital spending | — | — | — | — | — | −¥71.0m | −¥71.0m | — |
| Free cash flow | — | — | — | — | — | ¥135.0m | ¥135.0m | — |
| Total assets | ¥7.91bn | ¥8.05bn | ¥7.32bn | ¥6.69bn | ¥6.50bn | ¥6.25bn | ¥5.74bn | ¥5.64bn |
| Cash and short-term investments | ¥4.73bn | ¥4.58bn | ¥4.22bn | ¥3.73bn | ¥3.69bn | ¥3.41bn | ¥3.16bn | ¥3.30bn |
| Debt | ¥111.4m | ¥588.6m | ¥111.4m | ¥138.3m | ¥40.0m | ¥158.3m | ¥40.0m | ¥178.3m |
| Shareholders' equity | ¥3.70bn | ¥3.70bn | ¥3.47bn | ¥3.29bn | ¥3.15bn | ¥3.03bn | ¥2.85bn | ¥2.69bn |
Financial ratios
Data as of 4 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Gross margin | 71.8% | 69.8% | 71.5% | 71.9% | 70.5% | 69.7% |
| Operating margin | 12.1% | 11.4% | 22.3% | 0.2% | -6.2% | 4.2% |
| Net margin | 9.5% | 6.8% | 12.1% | -0.9% | -1.6% | 1.3% |
| Return on equity | 19.9% | 15.1% | 25.6% | -2.2% | -3.0% | 1.9% |
| Return on assets | 9.2% | 7.3% | 11.9% | -1.0% | -1.5% | 1.0% |
| Free cash flow yield | 12.6% | 6.0% | 14.1% | 4.7% | 0.3% | 5.8% |
| Revenue growth | 15.7% | 12.9% | 22.1% | 20.7% | 25.1% | 29.8% |
| Earnings growth | 61.0% | -36.4% | -1682.4% | -29.3% | -252.6% | -120.3% |
| Current ratio | 1.48x | 1.40x | 1.42x | 1.16x | 1.53x | 1.95x |
| Debt to equity | 0.16x | 0.05x | 0.07x | 0.02x | 0.04x | 0.06x |
| Equity ratio | 45.9% | 48.4% | 46.4% | 45.2% | 49.1% | 52.6% |
| Interest coverage | 226.80x | 620.77x | 2456.95x | 28.30x | -474.97x | 190.07x |
| Buybacks as a share of market value | 0.1% | 0.0% | 0.0% | -0.0% | -0.2% | -0.7% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 16.8% | 19.2% | 18.6% |
| Operating income | 372.8% | 47.2% | — |
| Net income | — | 77.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 70.8% | 71.2% | 71.0% | 70.1% |
| Operating margin | 11.8% | 12.0% | 9.0% | 8.3% |
| Net margin | 8.3% | 7.4% | 5.7% | 5.0% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 17.2 | 25.1 | 14.6 | -243.3 | -158.1 | 295.6 | -45.2 | 20.0 | 23.8 | 46.3 |
| Price to sales | 1.6 | 1.7 | 1.8 | 2.3 | 2.5 | 3.9 | 3.8 | 2.3 | 3.6 | 6.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 30 Mar 2026.
| FY2026 | FY2025 | |
|---|---|---|
| Paid in the year | 6.50 | 8.75 |
- 4-for-1 split · 29 Sept 2025
- 2-for-1 split · 29 Sept 2021
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.