B
1,753
-1.18%
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
¥8.43bn
FY2019FY2026
Net income
¥112.8m
FY2019FY2026
Free cash flow
¥101.6m
FY2019FY2026
Shareholders' equity
¥2.14bn
FY2019FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥8.43bn | ¥7.98bn | ¥6.82bn | ¥6.86bn | ¥6.26bn | ¥4.89bn | ¥3.26bn | ¥3.09bn |
| Gross profit | ¥1.87bn | ¥1.81bn | ¥1.55bn | ¥1.66bn | ¥1.53bn | ¥1.35bn | ¥960.0m | ¥1.07bn |
| Operating income | ¥216.0m | ¥178.0m | ¥80.8m | ¥382.6m | ¥490.1m | ¥383.8m | ¥123.9m | ¥108.8m |
| Net income | ¥112.8m | ¥96.6m | ¥17.3m | ¥280.2m | ¥324.8m | ¥238.6m | ¥70.0m | ¥61.6m |
| Diluted earnings per share | 59.52 | 51.89 | 9.30 | 150.43 | 172.42 | 126.81 | 36.93 | 32.52 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | ¥3.81bn | ¥3.73bn | ¥3.99bn | ¥3.55bn | ¥3.03bn | ¥2.67bn | ¥1.70bn | ¥1.59bn |
| Cash and short-term investments | ¥857.3m | ¥917.6m | ¥970.9m | ¥1.06bn | ¥873.9m | ¥935.2m | ¥764.0m | ¥653.0m |
| Total liabilities | ¥1.67bn | ¥1.68bn | ¥2.02bn | ¥1.60bn | ¥1.36bn | ¥1.44bn | ¥1.07bn | ¥1.03bn |
| Debt | ¥498.8m | ¥543.8m | ¥988.8m | ¥800.0m | ¥545.0m | ¥605.0m | ¥665.0m | ¥725.0m |
| Shareholders' equity | ¥2.14bn | ¥2.05bn | ¥1.97bn | ¥1.95bn | ¥1.67bn | ¥1.24bn | ¥630.9m | ¥560.9m |
| Shares outstanding | 2m | 2m | 2m | 2m | 2m | 2m | 2m | 2m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥103.7m | ¥465.0m | ¥39.0m | ¥73.7m | ¥2.4m | −¥100.3m | ¥206.0m | ¥420.0m |
| Capital spending | −¥2.1m | −¥6.8m | −¥4.4m | −¥40.8m | −¥26.3m | −¥24.4m | −¥26.1m | −¥7.5m |
| Free cash flow | ¥101.6m | ¥458.2m | ¥34.5m | ¥32.9m | −¥23.9m | −¥124.7m | ¥179.9m | ¥412.5m |
| Dividends paid | — | — | — | — | −¥33.0m | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥2.12bn | ¥2.14bn | ¥2.24bn | ¥1.92bn | ¥2.00bn | ¥2.06bn | ¥2.02bn | ¥1.90bn |
| Gross profit | ¥418.1m | ¥489.5m | ¥535.0m | ¥426.4m | ¥459.9m | ¥469.3m | ¥462.0m | ¥411.0m |
| Operating income | ¥5.1m | ¥91.6m | ¥113.7m | ¥5.7m | ¥1.9m | ¥84.2m | ¥77.1m | ¥15.4m |
| Net income | −¥11.9m | ¥54.8m | ¥68.3m | ¥1.7m | −¥6.2m | ¥51.9m | ¥48.4m | ¥4.3m |
| Diluted earnings per share | -6.29 | 28.91 | 36.66 | 0.89 | -3.35 | 27.89 | 26.01 | 2.33 |
| Total assets | ¥3.81bn | ¥3.85bn | ¥3.79bn | ¥3.80bn | ¥3.73bn | ¥3.74bn | ¥4.06bn | ¥3.83bn |
| Cash and short-term investments | ¥857.3m | ¥931.5m | ¥965.5m | ¥987.7m | ¥917.6m | ¥878.6m | ¥1.07bn | ¥1.10bn |
| Debt | ¥345.0m | ¥445.0m | ¥621.3m | ¥545.0m | ¥345.0m | ¥445.0m | ¥966.3m | ¥745.0m |
| Shareholders' equity | ¥2.14bn | ¥2.15bn | ¥2.11bn | ¥2.05bn | ¥2.05bn | ¥2.05bn | ¥2.00bn | ¥1.94bn |
Financial ratios
Data as of 22 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Gross margin | 22.2% | 22.6% | 22.7% | 24.2% | 24.4% | 27.5% |
| Operating margin | 2.6% | 2.2% | 1.2% | 5.6% | 7.8% | 7.8% |
| Net margin | 1.3% | 1.2% | 0.3% | 4.1% | 5.2% | 4.9% |
| Return on equity | 5.3% | 4.7% | 0.9% | 14.3% | 19.5% | 19.3% |
| Return on assets | 3.0% | 2.6% | 0.4% | 7.9% | 10.7% | 8.9% |
| Free cash flow yield | 3.1% | 14.0% | 1.3% | 3.4% | 0.8% | -2.2% |
| Revenue growth | 5.5% | 17.0% | -0.6% | 9.6% | 28.0% | 50.0% |
| Earnings growth | 16.7% | 458.9% | -93.8% | -13.7% | 36.2% | 240.9% |
| Current ratio | 2.18x | 2.13x | 1.91x | 1.94x | 2.04x | 1.79x |
| Debt to equity | 0.16x | 0.17x | 0.50x | 0.41x | 0.33x | 0.49x |
| Equity ratio | 56.2% | 54.9% | 49.3% | 55.0% | 55.1% | 46.3% |
| Interest coverage | 24.20x | 25.25x | 18.80x | 75.51x | 87.50x | 59.90x |
| Buybacks as a share of market value | -1.8% | -0.2% | 0.2% | 1.1% | -0.1% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 7.1% | 11.5% | — |
| Operating income | -17.3% | -10.9% | — |
| Net income | -26.2% | -13.9% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 22.4% | 22.9% | 23.7% | — |
| Operating margin | 2.4% | 2.8% | 4.2% | — |
| Net margin | 1.3% | 1.7% | 2.6% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Price to earnings | 30.4 | 33.3 | 114.3 | 8.8 | 12.4 | 38.4 |
| Price to sales | 0.4 | 0.4 | 0.3 | 0.4 | 0.6 | 1.9 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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