M 
1,084
+2.46%
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
¥5.12bn
FY2018FY2025
Net income
¥94.9m
FY2018FY2025
Free cash flow
¥307.6m
FY2018FY2025
Shareholders' equity
¥723.3m
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥5.12bn | ¥5.24bn | ¥4.79bn | ¥4.36bn | ¥3.87bn | ¥3.85bn | ¥3.85bn | ¥3.83bn |
| Gross profit | ¥1.10bn | ¥1.18bn | ¥1.06bn | ¥962.1m | ¥801.5m | ¥885.2m | ¥812.6m | ¥772.7m |
| Research and development | ¥2.6m | ¥4.0m | ¥3.3m | ¥2.5m | ¥5.6m | ¥4.3m | — | ¥5.6m |
| Operating income | ¥169.2m | ¥197.3m | ¥84.2m | ¥120.1m | ¥59.6m | ¥135.9m | ¥120.3m | ¥115.8m |
| Net income | ¥94.9m | ¥124.6m | ¥47.5m | ¥45.4m | ¥28.7m | ¥79.9m | ¥60.5m | ¥58.4m |
| Diluted earnings per share | 46.75 | 61.43 | 23.43 | 21.89 | 13.53 | 37.44 | 29.76 | 28.74 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | ¥2.11bn | ¥2.44bn | ¥2.27bn | ¥1.80bn | ¥1.56bn | ¥1.49bn | ¥1.24bn | ¥1.21bn |
| Cash and short-term investments | ¥817.5m | ¥988.6m | ¥767.0m | ¥513.7m | ¥381.3m | ¥386.6m | ¥280.7m | ¥250.5m |
| Total liabilities | ¥1.38bn | ¥1.78bn | ¥1.72bn | ¥1.28bn | ¥985.1m | ¥943.4m | ¥927.9m | ¥977.0m |
| Debt | ¥726.3m | ¥1.11bn | ¥1.16bn | ¥822.7m | ¥585.0m | ¥524.6m | ¥451.0m | ¥571.9m |
| Shareholders' equity | ¥723.3m | ¥663.9m | ¥551.8m | ¥516.0m | ¥574.3m | ¥551.0m | ¥314.6m | ¥235.4m |
| Shares outstanding | 2m | 2m | 2m | 2m | 2m | 2m | 2m | 2m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥308.2m | ¥354.8m | ¥234.7m | ¥177.4m | ¥128.7m | −¥40.3m | ¥198.4m | ¥198.2m |
| Capital spending | −¥513,000 | −¥67.7m | −¥148.0m | −¥174.5m | −¥110.2m | −¥70.5m | −¥63.0m | −¥40.2m |
| Free cash flow | ¥307.6m | ¥287.0m | ¥86.7m | ¥2.9m | ¥18.6m | −¥110.8m | ¥135.5m | ¥158.0m |
| Dividends paid | −¥37.7m | −¥15.9m | −¥13.8m | −¥14.3m | −¥13.9m | −¥8.7m | — | — |
Latest quarters
By quarter end
| Aug 2026 | May 2026 | Feb 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥1.23bn | ¥1.24bn | ¥1.23bn | ¥1.24bn | ¥1.26bn | ¥1.27bn | ¥1.34bn | ¥1.37bn |
| Gross profit | ¥284.0m | ¥277.0m | ¥289.9m | ¥214.8m | ¥285.9m | ¥268.6m | ¥328.8m | ¥280.9m |
| Operating income | ¥58.9m | ¥49.4m | ¥59.3m | −¥24.2m | ¥65.1m | ¥40.5m | ¥87.8m | ¥30.4m |
| Net income | ¥38.1m | ¥25.1m | ¥34.4m | −¥25.5m | ¥39.8m | ¥23.4m | ¥57.2m | ¥28.6m |
| Diluted earnings per share | 18.77 | 12.37 | 16.93 | -12.57 | 19.61 | 11.52 | 28.19 | 14.08 |
| Total assets | ¥1.95bn | ¥1.88bn | ¥2.09bn | ¥2.11bn | ¥2.21bn | ¥2.30bn | ¥2.45bn | ¥2.44bn |
| Cash and short-term investments | ¥819.6m | ¥755.2m | ¥854.3m | ¥817.5m | ¥889.9m | ¥1.06bn | ¥938.7m | ¥988.6m |
| Debt | ¥466.5m | ¥544.9m | ¥508.7m | ¥726.3m | ¥365.3m | ¥918.3m | ¥559.6m | ¥381.3m |
| Shareholders' equity | ¥760.5m | ¥721.2m | ¥696.3m | ¥723.3m | ¥747.8m | ¥707.1m | ¥683.0m | ¥663.9m |
Financial ratios
Data as of 30 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 21.5% | 22.4% | 22.2% | 22.1% | 20.7% | 23.0% |
| Operating margin | 3.4% | 3.8% | 2.3% | 2.5% | 1.2% | 3.5% |
| Net margin | 1.9% | 2.4% | 1.0% | 1.0% | 0.7% | 2.1% |
| Return on equity | 13.1% | 18.8% | 8.6% | 8.8% | 5.0% | 14.5% |
| Return on assets | 4.5% | 5.1% | 2.1% | 2.5% | 1.8% | 5.3% |
| Free cash flow yield | 14.6% | 19.9% | 18.1% | 16.2% | 10.8% | 1.4% |
| Revenue growth | -2.3% | 9.5% | 9.8% | 12.7% | 0.4% | 0.2% |
| Earnings growth | -23.9% | 162.3% | 4.6% | 58.4% | -64.1% | 32.1% |
| Current ratio | 1.58x | 1.77x | 1.71x | 1.92x | 1.94x | 1.60x |
| Debt to equity | 1.00x | 1.68x | 2.10x | 1.59x | 1.02x | 0.95x |
| Equity ratio | 34.3% | 27.2% | 24.3% | 28.7% | 36.8% | 36.9% |
| Interest coverage | 13.84x | 15.11x | 10.89x | 14.14x | 8.23x | 23.99x |
| R&D as a share of sales | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% |
| Buybacks as a share of market value | -0.0% | -0.0% | 2.2% | 2.1% | 0.6% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 5.5% | 5.9% | — |
| Operating income | 12.1% | 4.5% | — |
| Net income | 27.8% | 3.5% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 22.0% | 22.0% | 22.0% | — |
| Operating margin | 3.5% | 2.9% | 2.8% | — |
| Net margin | 2.1% | 1.6% | 1.5% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | 20.9 | 11.7 | 28.8 | 26.1 | 47.8 | 50.4 |
| Price to sales | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 1.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 6 years. Last went ex-dividend on 27 Nov 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Paid in the year | 45.00 | 8.00 | 7.00 | 7.00 | 5.00 |
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.