T 
260
0.00%
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
¥6.29bn
FY2015FY2024
Net income
¥898.0m
FY2015FY2024
Free cash flow
¥175.0m
FY2015FY2024
Shareholders' equity
¥7.96bn
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥6.29bn | ¥6.12bn | ¥5.04bn | ¥11.30bn | ¥17.58bn | ¥14.97bn | ¥10.42bn | ¥9.46bn | ¥8.29bn | ¥8.33bn |
| Gross profit | ¥3.67bn | ¥2.58bn | ¥1.08bn | ¥3.33bn | ¥12.32bn | ¥10.61bn | ¥7.20bn | ¥6.57bn | ¥5.58bn | ¥5.77bn |
| Research and development | ¥183.0m | ¥245.0m | ¥384.0m | ¥546.0m | ¥374.8m | ¥449.4m | ¥410.4m | ¥317.1m | ¥276.1m | ¥358.8m |
| Operating income | ¥629.0m | −¥1.00bn | −¥3.08bn | −¥4.95bn | ¥5.65bn | ¥3.82bn | ¥2.03bn | ¥1.86bn | ¥1.55bn | ¥1.35bn |
| Net income | ¥898.0m | −¥3.61bn | −¥4.89bn | −¥9.59bn | ¥3.85bn | ¥2.45bn | ¥1.42bn | ¥1.09bn | ¥1.05bn | ¥840.1m |
| Diluted earnings per share | 17.89 | -76.25 | -112.27 | -220.51 | 89.18 | 57.34 | 32.96 | 25.69 | 25.27 | 21.28 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥12.91bn | ¥13.22bn | ¥15.05bn | ¥22.54bn | ¥31.76bn | ¥25.47bn | ¥21.60bn | ¥20.47bn | ¥18.79bn | ¥16.31bn |
| Cash and short-term investments | ¥4.53bn | ¥5.48bn | ¥3.50bn | ¥6.10bn | ¥4.94bn | ¥9.91bn | ¥7.23bn | ¥6.55bn | ¥6.80bn | ¥3.00bn |
| Total liabilities | ¥4.95bn | ¥6.48bn | ¥7.00bn | ¥9.73bn | ¥8.98bn | ¥6.10bn | ¥4.11bn | ¥4.05bn | ¥3.40bn | ¥3.17bn |
| Debt | ¥2.03bn | ¥3.25bn | ¥3.81bn | ¥4.77bn | ¥94.9m | ¥78.0m | ¥55.4m | ¥29.1m | ¥33.7m | ¥42.0m |
| Shareholders' equity | ¥7.96bn | ¥6.74bn | ¥8.04bn | ¥12.81bn | ¥22.78bn | ¥19.37bn | ¥17.49bn | ¥16.42bn | ¥15.38bn | ¥13.14bn |
| Shares outstanding | 50m | 47m | 44m | 44m | 43m | 43m | 43m | 43m | 42m | 39m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥362.0m | −¥307.0m | −¥1.99bn | −¥1.60bn | −¥1.52bn | ¥3.49bn | ¥1.75bn | −¥59.6m | ¥2.70bn | ¥377.7m |
| Capital spending | −¥187.0m | −¥114.0m | −¥84.0m | −¥1.60bn | −¥2.23bn | −¥220.3m | −¥505.6m | −¥128.6m | −¥111.6m | −¥3.72bn |
| Free cash flow | ¥175.0m | −¥421.0m | −¥2.08bn | −¥3.20bn | −¥3.74bn | ¥3.27bn | ¥1.24bn | −¥188.2m | ¥2.59bn | −¥3.34bn |
| Dividends paid | −¥1.0m | −¥1.0m | — | −¥782.0m | −¥845.8m | −¥499.2m | −¥498.5m | −¥282.7m | −¥195.7m | −¥319.9m |
Latest quarters
By quarter end
| Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥1.82bn | ¥1.26bn | ¥1.15bn | ¥1.71bn | ¥1.72bn | ¥1.48bn | ¥1.38bn | ¥1.70bn |
| Gross profit | ¥1.04bn | ¥642.0m | ¥679.0m | ¥951.0m | ¥1.04bn | ¥880.0m | ¥799.0m | ¥786.0m |
| Operating income | ¥278.0m | ¥2.0m | ¥44.0m | −¥97.0m | ¥244.0m | ¥268.0m | ¥214.0m | −¥561.0m |
| Net income | ¥390.0m | −¥13.0m | ¥292.0m | ¥184.0m | −¥50.0m | ¥292.0m | ¥472.0m | −¥3.05bn |
| Diluted earnings per share | 7.76 | -0.26 | 5.82 | 3.67 | -1.00 | 5.82 | 9.41 | -61.16 |
| Total assets | ¥11.88bn | ¥11.68bn | ¥12.16bn | ¥12.91bn | ¥13.14bn | ¥13.38bn | ¥13.00bn | ¥13.22bn |
| Cash and short-term investments | ¥3.79bn | ¥4.14bn | ¥4.67bn | ¥4.53bn | ¥4.77bn | ¥5.15bn | ¥5.24bn | ¥5.48bn |
| Debt | ¥27.0m | ¥119.0m | ¥421.0m | ¥803.0m | ¥1.02bn | ¥1.33bn | ¥1.63bn | ¥2.02bn |
| Shareholders' equity | ¥8.24bn | ¥7.95bn | ¥7.98bn | ¥7.96bn | ¥8.06bn | ¥8.07bn | ¥7.42bn | ¥6.74bn |
Financial ratios
Data as of 30 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 54.4% | 58.3% | 42.1% | 21.4% | 25.6% | 70.2% | — | — | — | — |
| Operating margin | 7.2% | 10.0% | -16.4% | -61.1% | -46.2% | 32.0% | — | — | — | — |
| Net margin | 14.4% | 14.3% | -59.0% | -97.1% | -89.5% | 21.8% | — | — | — | — |
| Return on equity | 10.8% | 11.3% | -53.6% | -60.8% | -74.9% | 16.9% | — | — | — | — |
| Return on assets | 7.5% | 7.0% | -27.3% | -32.5% | -42.6% | 12.1% | — | — | — | — |
| Free cash flow yield | 8.5% | 4.0% | -1.5% | -15.1% | 0.0% | 6.7% | — | — | — | — |
| Revenue growth | 1.7% | 2.8% | 21.4% | -53.0% | -39.4% | 18.4% | — | — | — | — |
| Earnings growth | 2.8% | -124.9% | -26.2% | -49.0% | -349.1% | 57.0% | — | — | — | — |
| Current ratio | 3.36x | 3.07x | 2.99x | 2.71x | 3.19x | 2.65x | — | — | — | — |
| Debt to equity | 0.09x | 0.25x | 0.48x | 0.47x | 0.37x | 0.00x | — | — | — | — |
| Equity ratio | 69.4% | 61.7% | 51.0% | 53.5% | 56.8% | 71.7% | — | — | — | — |
| Interest coverage | 91.80x | 78.63x | -125.63x | -307.90x | -824.67x | 20038.96x | — | — | — | — |
| R&D as a share of sales | — | 2.9% | 4.0% | — | — | — | 4.0% | 3.4% | 3.3% | 4.3% |
| Buybacks as a share of market value | -0.0% | -0.1% | -3.0% | -11.9% | -7.3% | 6.5% | — | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -17.7% | -15.9% | -3.5% |
| Operating income | — | -30.3% | -13.1% |
| Net income | — | -18.2% | -6.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 50.3% | 37.0% | 54.8% | 61.2% |
| Operating margin | -3.0% | -29.2% | 1.8% | 9.8% |
| Net margin | -21.9% | -59.8% | -17.8% | -4.4% |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 18.5 | -4.0 | -3.5 | -3.7 | 18.1 | 19.0 | 19.7 | 30.9 | 24.4 | 28.7 |
| Price to sales | 2.6 | 2.3 | 3.4 | 3.2 | 4.0 | 3.1 | 2.7 | 3.6 | 3.1 | 2.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 29 Dec 2020.
| FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 10.00 | 22.00 | 8.333 | 5.00 | 5.00 | 5.00 | 5.00 | 3.333 |
- 3-for-1 split · 30 Mar 2020
- 3-for-1 split · 28 Jul 2009
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.