R 
1,112
+2.49%
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.
Revenue
¥1.83bn
FY2018FY2025
Net income
¥272.3m
FY2018FY2025
Free cash flow
¥508.0m
FY2018FY2025
Shareholders' equity
¥1.89bn
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥1.83bn | ¥1.44bn | ¥1.30bn | ¥1.10bn | ¥963.8m | ¥822.4m | ¥664.8m | ¥534.0m |
| Gross profit | ¥1.29bn | ¥951.2m | ¥831.8m | ¥697.0m | ¥599.5m | ¥480.7m | ¥352.5m | ¥262.4m |
| Research and development | — | ¥15.8m | — | ¥6.9m | ¥5.0m | ¥5.2m | ¥5.0m | ¥5.1m |
| Operating income | ¥425.2m | ¥383.5m | ¥304.0m | ¥232.3m | ¥227.9m | ¥134.3m | ¥24.6m | −¥8.3m |
| Net income | ¥272.3m | ¥253.0m | ¥196.4m | ¥184.6m | ¥188.7m | ¥125.2m | −¥38.4m | −¥8.9m |
| Diluted earnings per share | 41.48 | 39.22 | 29.72 | 31.43 | 32.10 | 23.00 | -5.82 | -1.36 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | ¥4.17bn | ¥3.04bn | ¥2.67bn | ¥1.78bn | ¥1.52bn | ¥1.25bn | ¥515.1m | ¥458.8m |
| Cash and short-term investments | ¥1.82bn | ¥2.28bn | ¥1.89bn | ¥1.44bn | ¥1.29bn | ¥1.04bn | ¥332.8m | ¥247.4m |
| Total liabilities | ¥2.28bn | ¥1.40bn | ¥1.31bn | ¥625.8m | ¥571.0m | ¥533.9m | ¥460.5m | ¥425.5m |
| Debt | ¥1.22bn | ¥500.0m | ¥510.0m | ¥50.0m | ¥65.0m | ¥85.0m | ¥105.4m | ¥128.6m |
| Shareholders' equity | ¥1.89bn | ¥1.63bn | ¥1.37bn | ¥1.15bn | ¥948.0m | ¥717.2m | ¥54.6m | ¥33.3m |
| Shares outstanding | 7m | 6m | 7m | 6m | 6m | 5m | 7m | 7m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥511.0m | ¥463.4m | ¥351.7m | ¥275.0m | ¥286.1m | ¥258.9m | ¥115.5m | ¥111.5m |
| Capital spending | −¥3.0m | −¥4.4m | −¥5.2m | −¥2.0m | −¥3.5m | −¥2.0m | −¥2.1m | −¥9.8m |
| Free cash flow | ¥508.0m | ¥459.0m | ¥346.5m | ¥273.0m | ¥282.6m | ¥256.9m | ¥113.4m | ¥101.7m |
| Dividends paid | −¥34.9m | — | −¥491.5m | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥560.6m | ¥535.9m | ¥521.0m | ¥506.1m | ¥407.4m | ¥395.6m | ¥388.2m | ¥357.4m |
| Gross profit | ¥385.0m | ¥377.7m | ¥367.9m | ¥358.1m | ¥281.9m | ¥279.6m | ¥261.1m | ¥239.2m |
| Operating income | ¥140.7m | ¥120.3m | ¥109.2m | ¥92.8m | ¥115.2m | ¥109.5m | ¥116.6m | ¥95.7m |
| Net income | ¥76.3m | ¥67.0m | ¥77.6m | ¥48.5m | ¥75.2m | ¥71.0m | ¥87.3m | ¥57.1m |
| Diluted earnings per share | 11.57 | 10.16 | 11.83 | 7.39 | 11.45 | 10.81 | 13.54 | 8.85 |
| Total assets | ¥4.53bn | ¥4.21bn | ¥4.17bn | ¥4.13bn | ¥3.31bn | ¥3.08bn | ¥3.04bn | ¥2.94bn |
| Cash and short-term investments | ¥2.25bn | ¥1.90bn | ¥1.82bn | ¥1.74bn | ¥2.54bn | ¥2.33bn | ¥2.28bn | ¥2.21bn |
| Debt | ¥1.16bn | ¥111.2m | ¥1.22bn | ¥111.7m | ¥500.0m | — | — | ¥10.0m |
| Shareholders' equity | ¥1.99bn | ¥1.91bn | ¥1.89bn | ¥1.80bn | ¥1.74bn | ¥1.67bn | ¥1.63bn | ¥1.54bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 18.6% | 17.3% | — |
| Operating income | 22.3% | 25.9% | — |
| Net income | 13.8% | 16.8% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 68.3% | 66.5% | 65.0% | — |
| Operating margin | 24.7% | 23.7% | 22.9% | — |
| Net margin | 16.0% | 16.0% | 16.4% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | 24.1 | 23.2 | 38.8 | 28.5 | 41.9 | 78.9 |
| Price to sales | 3.6 | 4.1 | 5.9 | 4.8 | 8.2 | 12.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 29 Dec 2025.
| FY2025 | |
|---|---|
| Paid in the year | 15.00 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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