K 
308
+15.36%
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
¥1.76bn
FY2019FY2026
Net income
−¥414.6m
FY2019FY2026
Free cash flow
¥24.3m
FY2019FY2026
Shareholders' equity
¥1.51bn
FY2019FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥1.76bn | ¥2.01bn | ¥1.82bn | ¥1.78bn | ¥1.64bn | ¥1.02bn | ¥413.7m | ¥185.3m |
| Gross profit | ¥765.0m | ¥1.13bn | ¥974.9m | ¥952.5m | ¥1.01bn | ¥635.4m | ¥220.9m | ¥41.5m |
| Operating income | −¥409.2m | ¥197.9m | ¥33.9m | ¥64.4m | ¥358.5m | ¥251.7m | −¥21.2m | −¥98.5m |
| Net income | −¥414.6m | ¥125.9m | ¥33.4m | ¥21.2m | ¥282.0m | ¥254.0m | −¥21.8m | −¥99.0m |
| Diluted earnings per share | -54.46 | 16.53 | 4.39 | 2.70 | 36.13 | 31.55 | -3.00 | -13.00 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | ¥1.89bn | ¥2.43bn | ¥2.22bn | ¥2.20bn | ¥2.15bn | ¥1.75bn | ¥353.0m | ¥176.0m |
| Cash and short-term investments | ¥1.04bn | ¥1.39bn | ¥1.31bn | ¥1.49bn | ¥1.75bn | ¥1.55bn | −¥32.1m | ¥115.4m |
| Total liabilities | ¥373.1m | ¥525.9m | ¥452.1m | ¥384.1m | ¥276.6m | ¥195.5m | ¥32.1m | ¥49.4m |
| Debt | ¥124.1m | ¥175.7m | ¥198.3m | ¥176.1m | — | — | ¥32.1m | ¥9.8m |
| Shareholders' equity | ¥1.51bn | ¥1.91bn | ¥1.77bn | ¥1.82bn | ¥1.87bn | ¥1.55bn | ¥244.8m | ¥126.6m |
| Shares outstanding | 8m | 8m | 8m | 8m | 8m | 8m | 7m | 8m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥32.6m | ¥409.8m | ¥140.7m | −¥24.9m | ¥400.2m | ¥295.7m | −¥12.1m | −¥87.9m |
| Capital spending | −¥8.2m | −¥15.2m | −¥14.7m | −¥10.2m | −¥95.4m | −¥6.4m | −¥15.7m | −¥4.7m |
| Free cash flow | ¥24.3m | ¥394.6m | ¥126.0m | −¥35.1m | ¥304.8m | ¥289.3m | −¥27.8m | −¥92.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥481.8m | ¥452.0m | ¥439.9m | ¥425.7m | ¥440.7m | ¥456.8m | ¥498.1m | ¥447.5m |
| Gross profit | ¥253.1m | ¥228.5m | ¥161.9m | ¥146.2m | ¥228.4m | ¥268.2m | ¥307.0m | ¥254.4m |
| Operating income | ¥8.7m | −¥5.9m | −¥254.5m | −¥100.3m | −¥48.6m | ¥42.6m | ¥77.4m | ¥25.8m |
| Net income | ¥148,000 | −¥117.4m | −¥183.8m | −¥65.1m | −¥48.3m | ¥35.0m | ¥54.2m | ¥12.6m |
| Diluted earnings per share | 0.02 | -15.42 | -24.14 | -8.55 | -6.35 | 4.59 | 7.13 | 1.66 |
| Total assets | ¥1.95bn | ¥1.89bn | ¥1.99bn | ¥2.20bn | ¥2.31bn | ¥2.43bn | ¥2.38bn | ¥2.32bn |
| Cash and short-term investments | ¥1.06bn | ¥1.04bn | ¥694.5m | ¥928.6m | ¥1.17bn | ¥1.39bn | ¥1.36bn | ¥1.37bn |
| Debt | ¥40.8m | ¥124.1m | ¥42.7m | ¥148.6m | ¥48.3m | ¥175.7m | ¥51.5m | ¥169.5m |
| Shareholders' equity | ¥1.51bn | ¥1.51bn | ¥1.63bn | ¥1.81bn | ¥1.86bn | ¥1.91bn | ¥1.87bn | ¥1.81bn |
Financial ratios
Data as of 28 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 43.5% | 56.1% | 53.5% | 53.6% | 61.3% | 62.0% | — |
| Operating margin | -22.3% | 10.6% | 2.6% | 3.7% | 23.8% | 24.6% | — |
| Net margin | -23.6% | 6.3% | 1.8% | 1.2% | 17.2% | 24.8% | — |
| Return on equity | -27.4% | 6.6% | 1.9% | 1.2% | 15.1% | 16.4% | — |
| Return on assets | -22.0% | 5.2% | 1.5% | 1.0% | 13.1% | 14.5% | — |
| Free cash flow yield | 1.6% | 17.1% | 6.3% | -0.6% | 19.4% | 11.5% | — |
| Revenue growth | -12.4% | 10.2% | 2.5% | 8.1% | 60.4% | 147.6% | — |
| Earnings growth | -429.4% | 277.4% | 57.6% | -92.5% | 11.0% | -1267.5% | — |
| Current ratio | 4.85x | 4.09x | 5.13x | 6.69x | 6.83x | 8.51x | — |
| Debt to equity | 0.08x | 0.09x | 0.11x | 0.10x | 0.00x | 0.00x | — |
| Equity ratio | 80.2% | 78.4% | 79.6% | 82.6% | 87.1% | 88.8% | — |
| Interest coverage | -214.21x | 118.59x | 29.27x | 122.39x | — | 2827.56x | -65.35x |
| Buybacks as a share of market value | 0.0% | -0.2% | 3.0% | -0.4% | 3.0% | -11.1% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -0.3% | 11.4% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 50.2% | 51.9% | 54.5% | — |
| Operating margin | -5.6% | -1.5% | 5.0% | — |
| Net margin | -7.7% | -3.2% | 3.0% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | -4.8 | 17.6 | 74.5 | 123.3 | 16.8 | 68.3 | -2440.8 |
| Price to sales | 1.1 | 1.1 | 1.4 | 1.5 | 2.9 | 16.9 | 128.3 |
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.