K 
175
+0.57%
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
¥14.11bn
FY2019FY2025
Net income
−¥2.35bn
FY2019FY2025
Free cash flow
¥1.32bn
FY2019FY2025
Shareholders' equity
¥8.00bn
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|
| Revenue | ¥14.11bn | ¥15.54bn | ¥20.49bn | ¥18.63bn | ¥4.55bn | ¥4.49bn |
| Research and development | — | ¥61.0m | ¥50.0m | ¥29.0m | ¥46.8m | ¥19.2m |
| Operating income | ¥523.0m | ¥631.0m | ¥1.88bn | ¥1.56bn | ¥235.6m | ¥271.5m |
| Net income | −¥2.35bn | ¥308.0m | ¥548.0m | ¥452.0m | −¥94.8m | ¥16.4m |
| Diluted earnings per share | -39.22 | 5.15 | 9.46 | 7.87 | -1.57 | 0.27 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|
| Total assets | ¥16.48bn | ¥18.88bn | ¥20.97bn | ¥21.33bn | ¥6.37bn | ¥5.84bn |
| Cash and short-term investments | ¥9.32bn | ¥9.20bn | ¥10.74bn | ¥10.25bn | ¥1.99bn | ¥1.97bn |
| Total liabilities | ¥6.85bn | ¥6.70bn | ¥9.38bn | ¥9.67bn | ¥1.94bn | ¥960.0m |
| Debt | ¥3.40bn | ¥3.56bn | ¥5.36bn | ¥5.89bn | ¥1.36bn | ¥182.5m |
| Shareholders' equity | ¥8.00bn | ¥10.72bn | ¥10.08bn | ¥10.19bn | ¥4.34bn | ¥4.76bn |
| Shares outstanding | 60m | 60m | 58m | 57m | 60m | 60m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|
| Cash from operations | ¥1.50bn | −¥196.0m | ¥4.75bn | ¥1.55bn | −¥569.9m | ¥367.7m |
| Capital spending | −¥181.0m | −¥766.0m | −¥550.0m | −¥262.0m | −¥133.3m | −¥83.4m |
| Free cash flow | ¥1.32bn | −¥962.0m | ¥4.20bn | ¥1.29bn | −¥703.1m | ¥284.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥4.13bn | ¥4.18bn | ¥3.18bn | ¥4.17bn | ¥3.06bn | ¥3.42bn | ¥3.45bn | ¥4.03bn |
| Operating income | ¥286.0m | ¥246.0m | ¥138.0m | ¥315.0m | ¥4.0m | ¥138.0m | ¥64.0m | ¥288.0m |
| Net income | ¥74.0m | ¥137.0m | ¥278.0m | −¥2.03bn | −¥102.0m | −¥133.0m | −¥77.0m | ¥304.0m |
| Diluted earnings per share | 1.23 | 2.27 | 4.65 | -34.00 | -1.71 | -2.22 | -1.29 | 5.08 |
| Cash from operations | — | — | — | ¥1.73bn | — | −¥115.0m | −¥115.0m | — |
| Capital spending | — | — | — | −¥143.0m | — | −¥19.0m | −¥19.0m | — |
| Free cash flow | — | — | — | ¥1.59bn | — | −¥134.0m | −¥134.0m | — |
| Total assets | ¥17.57bn | ¥17.50bn | ¥17.58bn | ¥16.48bn | ¥18.45bn | ¥18.33bn | ¥18.39bn | ¥18.88bn |
| Cash and short-term investments | ¥9.69bn | ¥9.62bn | ¥9.47bn | ¥9.32bn | ¥8.78bn | ¥8.25bn | ¥8.89bn | ¥9.20bn |
| Debt | ¥2.84bn | ¥3.90bn | ¥2.98bn | ¥3.40bn | ¥2.16bn | ¥3.17bn | ¥2.37bn | ¥2.51bn |
| Shareholders' equity | ¥8.32bn | ¥8.26bn | ¥8.19bn | ¥8.00bn | ¥10.13bn | ¥10.36bn | ¥10.55bn | ¥10.72bn |
Financial ratios
Data as of 6 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Operating margin | -14.3% | 4.4% | 8.4% | 5.8% | — | 1.0% | 5.4% |
| Net margin | -16.6% | 2.0% | 2.7% | 2.4% | — | -2.1% | 0.4% |
| Return on equity | -29.3% | 2.9% | 5.4% | 4.4% | — | -2.2% | 0.3% |
| Return on assets | -14.2% | 1.6% | 2.6% | 2.1% | — | -1.5% | 0.3% |
| Free cash flow yield | 15.5% | 5.3% | 50.6% | 17.5% | — | -13.3% | 13.8% |
| Revenue growth | -9.2% | -24.1% | 10.0% | 309.5% | — | 1.2% | 246.5% |
| Earnings growth | -861.7% | -43.8% | 21.2% | -576.9% | — | -678.4% | -105.7% |
| Current ratio | 2.16x | 2.46x | 2.11x | 2.03x | — | 3.38x | 2.99x |
| Debt to equity | 0.42x | 0.33x | 0.53x | 0.58x | — | 0.10x | 0.03x |
| Equity ratio | 48.6% | 56.8% | 48.1% | 47.8% | 28.8% | 68.1% | — |
| Interest coverage | -50.52x | 18.41x | 35.18x | 23.13x | — | 9.82x | 405.41x |
| R&D as a share of sales | — | 0.4% | 0.2% | 0.2% | — | 1.0% | 0.4% |
| Buybacks as a share of market value | -0.1% | -3.2% | -0.9% | 1.1% | -220.8% | 0.2% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -8.8% | 25.7% | — |
| Operating income | -30.5% | 14.0% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 3.9% | 6.7% | 6.6% | — |
| Net margin | -6.9% | -1.5% | -1.4% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Price to earnings | -4.2 | 40.4 | 38.0 | 75.3 |
| Price to sales | 0.7 | 0.8 | 1.0 | 1.8 |
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.