B 
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
¥1.72bn
FY2017FY2026
Net income
−¥115.3m
FY2017FY2026
Free cash flow
−¥139.2m
FY2017FY2026
Shareholders' equity
¥516.4m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥1.72bn | ¥1.49bn | ¥1.60bn | ¥1.04bn | ¥1.02bn | ¥1.34bn | ¥1.49bn | ¥1.48bn | ¥1.27bn | ¥995.6m |
| Gross profit | ¥669.9m | ¥664.5m | ¥716.6m | ¥455.5m | ¥458.4m | ¥608.0m | ¥716.2m | ¥647.2m | ¥489.6m | ¥349.1m |
| Operating income | −¥97.8m | −¥182.8m | −¥71.9m | −¥181.2m | −¥144.6m | ¥47.0m | ¥101.4m | ¥81.1m | ¥25.1m | −¥97.8m |
| Net income | −¥115.3m | −¥179.6m | ¥155.8m | −¥224.7m | −¥155.9m | ¥41.5m | ¥88.9m | ¥63.1m | ¥15.4m | −¥112.6m |
| Diluted earnings per share | -32.37 | -51.15 | 48.12 | -68.87 | -48.20 | 12.85 | 27.55 | 19.57 | 4.78 | -34.94 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥974.5m | ¥929.0m | ¥1.17bn | ¥1.01bn | ¥941.4m | ¥1.31bn | ¥1.20bn | ¥1.03bn | ¥811.1m | ¥707.7m |
| Cash and short-term investments | ¥282.1m | ¥155.1m | ¥432.7m | ¥397.0m | ¥365.4m | ¥545.0m | ¥418.5m | ¥296.8m | ¥297.8m | ¥216.4m |
| Total liabilities | ¥435.4m | ¥424.1m | ¥466.6m | ¥432.6m | ¥188.9m | ¥384.1m | ¥348.8m | ¥298.9m | ¥169.5m | ¥97.7m |
| Debt | ¥187.8m | ¥82.1m | ¥96.4m | ¥100.0m | −¥81.4m | ¥200.0m | — | — | — | — |
| Shareholders' equity | ¥516.4m | ¥487.9m | ¥685.6m | ¥540.4m | ¥747.3m | ¥924.7m | ¥844.4m | ¥727.5m | ¥636.2m | ¥604.9m |
| Shares outstanding | 4m | 4m | 3m | 3m | 3m | 3m | 3m | 3m | 3m | 3m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −¥122.3m | −¥250.4m | −¥159.0m | −¥177.5m | ¥66.2m | −¥28.3m | ¥128.3m | −¥3.8m | ¥78.0m | −¥179.2m |
| Capital spending | −¥16.9m | −¥2.4m | −¥2.9m | −¥219,000 | −¥9.2m | −¥5.6m | −¥6.1m | −¥2.0m | −¥669,000 | −¥2.0m |
| Free cash flow | −¥139.2m | −¥252.8m | −¥161.9m | −¥177.7m | ¥57.1m | −¥33.9m | ¥122.2m | −¥5.9m | ¥77.4m | −¥181.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥275.7m | ¥682.3m | ¥387.8m | ¥366.6m | ¥284.6m | ¥528.7m | ¥445.8m | ¥288.2m |
| Gross profit | ¥95.0m | ¥333.5m | ¥120.6m | ¥122.9m | ¥93.0m | ¥256.0m | ¥185.4m | ¥132.4m |
| Operating income | −¥100.2m | ¥158.1m | −¥50.7m | −¥85.5m | −¥119.8m | ¥47.5m | −¥17.0m | −¥84.6m |
| Net income | −¥93.0m | ¥147.7m | −¥43.6m | −¥93.9m | −¥125.4m | ¥55.7m | −¥33.4m | −¥84.5m |
| Diluted earnings per share | -26.11 | 41.45 | -12.43 | -26.75 | -35.73 | 15.86 | -10.32 | -26.11 |
| Total assets | ¥678.1m | ¥974.5m | ¥584.8m | ¥652.1m | ¥822.6m | ¥929.0m | ¥793.5m | ¥763.1m |
| Cash and short-term investments | ¥366.8m | ¥282.1m | ¥126.4m | ¥225.8m | ¥453.1m | ¥155.1m | ¥299.6m | ¥392.6m |
| Debt | ¥14.3m | ¥187.8m | ¥24.3m | ¥75.0m | ¥14.3m | ¥82.1m | ¥14.3m | ¥89.3m |
| Shareholders' equity | ¥384.8m | ¥516.4m | ¥316.7m | ¥368.6m | ¥454.0m | ¥487.9m | ¥441.3m | ¥473.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 18.2% | 5.1% | 7.2% |
| Operating income | -18.6% | — | -6.3% |
| Net income | -19.9% | — | -7.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 41.5% | 42.8% | 43.5% | 42.3% |
| Operating margin | -8.7% | -9.1% | -7.7% | -4.9% |
| Net margin | -9.2% | -6.2% | -5.8% | -4.6% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.3 | -10.9 | 3.9 | -2.7 | -4.9 | 17.9 | 12.1 | 21.9 | 55.3 | -24.6 |
| Price to sales | 0.1 | 1.3 | 0.4 | 0.6 | 0.8 | 0.6 | 0.7 | 0.9 | 0.7 | 2.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 28 Mar 2000.
- 100-for-1 split · 26 Sept 2013
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.