G 
281
+7.66%
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
¥10.98bn
FY2018FY2026
Net income
¥510.4m
FY2018FY2026
Free cash flow
¥46.8m
FY2018FY2026
Shareholders' equity
¥2.73bn
FY2018FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥10.98bn | ¥8.12bn | ¥7.15bn | ¥5.86bn | ¥4.68bn | ¥4.08bn | ¥4.72bn | ¥4.48bn | ¥4.00bn |
| Gross profit | ¥4.15bn | ¥3.27bn | ¥2.91bn | ¥2.32bn | ¥1.96bn | ¥1.56bn | ¥1.61bn | ¥1.51bn | ¥1.31bn |
| Research and development | — | ¥7.4m | ¥5.2m | ¥589,000 | ¥12.1m | ¥63.2m | ¥56.8m | ¥59.9m | ¥111.1m |
| Operating income | ¥820.4m | ¥693.6m | ¥636.6m | ¥109.2m | ¥190.1m | ¥254.8m | ¥335.8m | ¥259.6m | ¥127.6m |
| Net income | ¥510.4m | ¥421.1m | ¥414.8m | ¥23.8m | ¥56.6m | ¥173.4m | ¥212.6m | ¥179.5m | ¥83.6m |
| Diluted earnings per share | 44.12 | 36.13 | 34.18 | 2.05 | 4.99 | 15.45 | 18.76 | 15.52 | 7.23 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥6.91bn | ¥7.15bn | ¥4.52bn | ¥4.12bn | ¥3.25bn | ¥2.84bn | ¥2.69bn | ¥2.22bn | ¥2.19bn |
| Cash and short-term investments | ¥1.60bn | ¥1.99bn | ¥1.17bn | ¥1.08bn | ¥1.04bn | ¥1.48bn | ¥1.12bn | ¥675.1m | ¥689.1m |
| Total liabilities | ¥4.19bn | ¥4.75bn | ¥2.31bn | ¥2.26bn | ¥1.39bn | ¥1.02bn | ¥1.05bn | ¥1.27bn | ¥1.42bn |
| Debt | ¥2.07bn | ¥2.26bn | ¥640.0m | ¥976.1m | ¥50.6m | ¥75.0m | ¥165.2m | ¥244.4m | ¥407.8m |
| Shareholders' equity | ¥2.73bn | ¥2.40bn | ¥2.21bn | ¥1.87bn | ¥1.86bn | ¥1.83bn | ¥1.64bn | ¥943.0m | ¥770.1m |
| Shares outstanding | 12m | 12m | 12m | 12m | 11m | 11m | 11m | 12m | 12m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥112.6m | ¥451.4m | ¥602.4m | −¥223.1m | −¥24.0m | ¥443.3m | ¥61.3m | ¥227.8m | −¥14.6m |
| Capital spending | −¥65.8m | −¥66.7m | −¥23.5m | −¥99.6m | −¥93.3m | −¥19.3m | −¥5.9m | −¥45.9m | −¥20.2m |
| Free cash flow | ¥46.8m | ¥384.8m | ¥578.9m | −¥322.7m | −¥117.3m | ¥424.0m | ¥55.4m | ¥181.9m | −¥34.8m |
| Dividends paid | −¥207.1m | −¥256.6m | −¥75.8m | −¥37.5m | −¥51.9m | −¥6.3m | −¥5.2m | −¥5.2m | −¥5.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥2.54bn | ¥3.14bn | ¥2.74bn | ¥2.62bn | ¥2.49bn | ¥2.30bn | ¥1.84bn | ¥1.98bn |
| Gross profit | ¥952.5m | ¥1.23bn | ¥1.05bn | ¥951.6m | ¥923.6m | ¥964.0m | ¥695.5m | ¥786.2m |
| Operating income | ¥20.6m | ¥495.9m | ¥172.5m | ¥127.4m | ¥24.6m | ¥267.6m | ¥67.7m | ¥200.5m |
| Net income | ¥4.2m | ¥328.1m | ¥96.8m | ¥68.3m | ¥17.3m | ¥210.3m | ¥25.4m | ¥132.8m |
| Diluted earnings per share | 0.36 | 28.36 | 8.30 | 5.86 | 1.48 | 18.05 | 2.09 | 10.94 |
| Total assets | ¥6.27bn | ¥6.91bn | ¥6.64bn | ¥6.47bn | ¥6.80bn | ¥7.15bn | ¥4.52bn | ¥4.90bn |
| Cash and short-term investments | ¥1.59bn | ¥1.60bn | ¥1.58bn | ¥1.66bn | ¥1.92bn | ¥1.99bn | ¥1.43bn | ¥1.74bn |
| Debt | ¥1.35bn | ¥2.07bn | ¥1.86bn | ¥2.10bn | ¥1.57bn | ¥2.26bn | ¥829.3m | ¥1.31bn |
| Shareholders' equity | ¥2.57bn | ¥2.73bn | ¥2.40bn | ¥2.39bn | ¥2.31bn | ¥2.40bn | ¥2.19bn | ¥2.25bn |
Financial ratios
Data as of 14 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 37.8% | 40.3% | 40.7% | 39.5% | 41.9% | 38.3% | — |
| Operating margin | 7.5% | 8.5% | 8.8% | 1.8% | 4.1% | 6.2% | — |
| Net margin | 4.6% | 5.2% | 5.8% | 0.4% | 1.2% | 4.3% | — |
| Return on equity | 18.7% | 17.5% | 18.7% | 1.3% | 3.0% | 9.5% | — |
| Return on assets | 7.4% | 5.9% | 9.2% | 0.6% | 1.7% | 6.1% | — |
| Free cash flow yield | 4.0% | 11.6% | 13.5% | -2.8% | 1.6% | 10.8% | — |
| Revenue growth | 35.2% | 13.7% | 21.9% | 25.2% | 14.8% | -13.6% | — |
| Earnings growth | 21.2% | 1.5% | 1645.9% | -58.1% | -67.3% | -18.4% | — |
| Current ratio | 1.49x | 1.39x | 1.84x | 1.88x | 2.38x | 3.50x | — |
| Debt to equity | 0.76x | 0.94x | 0.29x | 0.52x | 0.03x | 0.04x | — |
| Equity ratio | 39.5% | 33.6% | 49.0% | 45.3% | 57.2% | 64.2% | — |
| Interest coverage | 26.74x | 61.89x | 87.90x | 30.88x | 471.70x | 328.38x | — |
| R&D as a share of sales | — | 0.1% | 0.1% | 0.0% | 0.3% | 1.6% | 1.2% |
| Buybacks as a share of market value | 0.7% | 4.0% | -4.5% | -2.3% | -1.2% | 1.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 23.3% | 21.8% | — |
| Operating income | 95.8% | 26.3% | — |
| Net income | 178.0% | 24.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 38.8% | 39.4% | 39.6% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | 7.6 | 13.3 | 16.2 | 266.9 | 34.8 | 20.2 | 18.1 |
| Price to sales | 0.3 | 0.7 | 0.9 | 1.1 | 0.4 | 0.9 | 0.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 6 years. Last went ex-dividend on 30 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Paid in the year | 32.00 | 22.50 | 6.667 | 3.333 | 4.667 | 0.583 |
- 3-for-1 split · 28 Dec 2023
- 2-for-1 split · 30 Aug 2021
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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