F 
4,775
+5.18%
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
¥42.44bn
FY2018FY2026
Net income
¥1.08bn
FY2018FY2026
Free cash flow
¥909.3m
FY2018FY2026
Shareholders' equity
¥21.19bn
FY2018FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥42.44bn | ¥33.27bn | ¥25.43bn | ¥19.22bn | ¥14.38bn | ¥10.26bn | ¥6.90bn | ¥4.52bn | ¥2.41bn |
| Gross profit | ¥34.40bn | ¥27.36bn | ¥20.99bn | ¥16.07bn | ¥11.54bn | ¥8.16bn | ¥5.34bn | ¥3.53bn | ¥1.73bn |
| Research and development | — | ¥4.74bn | ¥8.35bn | ¥6.86bn | ¥3.62bn | ¥2.63bn | ¥1.96bn | ¥1.62bn | ¥1.60bn |
| Operating income | ¥1.09bn | ¥611.0m | −¥8.39bn | −¥7.92bn | −¥3.04bn | −¥2.50bn | −¥2.92bn | −¥2.83bn | −¥3.40bn |
| Net income | ¥1.08bn | ¥1.37bn | −¥10.15bn | −¥12.34bn | −¥11.61bn | −¥2.76bn | −¥2.97bn | −¥2.78bn | −¥3.41bn |
| Diluted earnings per share | 18.11 | 22.99 | -172.29 | -212.24 | -203.50 | -49.84 | -61.14 | -59.18 | -92.88 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥61.92bn | ¥52.60bn | ¥39.95bn | ¥42.79bn | ¥47.41bn | ¥55.29bn | ¥17.90bn | ¥7.38bn | ¥2.42bn |
| Cash and short-term investments | ¥36.19bn | ¥35.79bn | ¥31.75bn | ¥36.41bn | ¥42.55bn | ¥47.64bn | ¥15.64bn | ¥5.85bn | ¥1.63bn |
| Total liabilities | ¥40.73bn | ¥32.93bn | ¥23.00bn | ¥15.73bn | ¥10.98bn | ¥8.41bn | ¥4.04bn | ¥2.87bn | ¥1.72bn |
| Debt | ¥14.30bn | ¥9.60bn | ¥4.70bn | ¥8.94bn | ¥576.0m | ¥292.0m | ¥292.0m | — | — |
| Shareholders' equity | ¥21.19bn | ¥19.66bn | ¥16.95bn | ¥26.06bn | ¥36.43bn | ¥46.87bn | ¥13.85bn | ¥4.51bn | ¥692.9m |
| Shares outstanding | 60m | 60m | 59m | 58m | 57m | 55m | 49m | 47m | 37m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥1.52bn | ¥3.66bn | −¥6.77bn | −¥4.75bn | −¥1.07bn | −¥192.5m | −¥1.38bn | −¥1.73bn | −¥2.94bn |
| Capital spending | −¥610.0m | −¥45.8m | −¥662.7m | −¥730.6m | −¥1.61bn | −¥463.9m | −¥724.3m | −¥72.4m | −¥27.6m |
| Free cash flow | ¥909.3m | ¥3.62bn | −¥7.43bn | −¥5.48bn | −¥2.68bn | −¥656.5m | −¥2.10bn | −¥1.80bn | −¥2.97bn |
| Dividends paid | — | — | — | −¥550.0m | −¥281,000 | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥11.60bn | ¥10.90bn | ¥10.20bn | ¥9.74bn | ¥9.42bn | ¥8.60bn | ¥7.87bn | ¥7.38bn |
| Gross profit | ¥9.32bn | ¥9.00bn | ¥8.20bn | ¥7.88bn | ¥7.62bn | ¥7.11bn | ¥6.53bn | ¥6.10bn |
| Operating income | ¥468.7m | ¥91.2m | ¥259.8m | ¥271.7m | −¥572.9m | ¥315.8m | ¥654.5m | ¥213.5m |
| Net income | ¥749.4m | ¥22.5m | ¥151.5m | ¥154.5m | ¥358.8m | ¥213.5m | ¥627.8m | ¥169.9m |
| Diluted earnings per share | 12.59 | 0.38 | 2.54 | 2.59 | 6.02 | 3.58 | 10.65 | 2.88 |
| Total assets | ¥61.92bn | ¥57.78bn | ¥53.37bn | ¥50.77bn | ¥52.60bn | ¥48.15bn | ¥43.20bn | ¥39.84bn |
| Cash and short-term investments | ¥36.19bn | ¥32.64bn | ¥29.84bn | ¥31.67bn | ¥35.79bn | ¥32.81bn | ¥29.21bn | ¥30.06bn |
| Debt | ¥14.30bn | ¥12.95bn | ¥11.08bn | ¥9.20bn | ¥9.60bn | ¥8.10bn | ¥6.50bn | ¥5.20bn |
| Shareholders' equity | ¥21.19bn | ¥20.36bn | ¥20.15bn | ¥19.94bn | ¥19.66bn | ¥18.76bn | ¥18.39bn | ¥17.03bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 30.2% | 32.8% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 81.6% | 82.1% | 81.7% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | 258.4 | 130.7 | -17.6 | -14.4 | -14.4 | -127.6 | -165.2 |
| Price to sales | 6.6 | 5.4 | 7.0 | 9.2 | 11.6 | 34.3 | 71.2 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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