D 
1,308
+0.31%
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
¥50.65bn
FY2017FY2026
Net income
¥3.16bn
FY2017FY2026
Free cash flow
¥5.53bn
FY2017FY2026
Shareholders' equity
¥52.89bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥50.65bn | ¥50.64bn | ¥46.90bn | ¥45.10bn | ¥43.46bn | ¥48.71bn | ¥45.00bn | ¥41.14bn | ¥39.88bn | ¥37.97bn |
| Gross profit | ¥9.90bn | ¥8.47bn | ¥9.67bn | ¥10.15bn | ¥11.31bn | ¥10.66bn | ¥9.37bn | ¥8.55bn | ¥7.99bn | ¥7.54bn |
| Research and development | — | ¥2.52bn | ¥2.35bn | ¥1.86bn | ¥1.75bn | ¥2.03bn | ¥1.40bn | ¥1.61bn | ¥1.52bn | ¥1.27bn |
| Operating income | ¥3.64bn | ¥2.62bn | ¥3.89bn | ¥5.21bn | ¥6.57bn | ¥5.92bn | ¥5.36bn | ¥4.55bn | ¥4.17bn | ¥3.88bn |
| Net income | ¥3.16bn | ¥1.91bn | ¥3.29bn | ¥3.60bn | ¥4.67bn | ¥4.25bn | ¥3.94bn | ¥3.51bn | ¥3.04bn | ¥2.66bn |
| Diluted earnings per share | 111.22 | 64.35 | 107.70 | 113.87 | 146.96 | 139.82 | 130.75 | 125.45 | 110.49 | 96.48 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥73.29bn | ¥78.00bn | ¥77.71bn | ¥70.55bn | ¥64.94bn | ¥57.74bn | ¥54.25bn | ¥46.75bn | ¥46.90bn | ¥45.71bn |
| Cash and short-term investments | ¥954.0m | ¥2.21bn | ¥2.73bn | ¥3.61bn | ¥4.38bn | ¥3.37bn | ¥3.08bn | ¥1.82bn | ¥1.71bn | ¥1.62bn |
| Total liabilities | ¥20.35bn | ¥25.93bn | ¥25.44bn | ¥19.58bn | ¥17.26bn | ¥15.82bn | ¥17.38bn | ¥15.40bn | ¥18.40bn | ¥19.89bn |
| Debt | ¥9.29bn | ¥11.88bn | ¥8.72bn | ¥4.89bn | ¥3.44bn | ¥3.38bn | ¥3.16bn | ¥5.01bn | ¥7.40bn | ¥9.13bn |
| Shareholders' equity | ¥52.89bn | ¥52.00bn | ¥52.07bn | ¥50.67bn | ¥47.31bn | ¥41.62bn | ¥36.51bn | ¥30.94bn | ¥28.06bn | ¥25.37bn |
| Shares outstanding | 28m | 30m | 31m | 32m | 32m | 30m | 30m | 28m | 28m | 28m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥9.38bn | ¥5.90bn | ¥5.18bn | ¥4.16bn | ¥4.37bn | ¥5.18bn | ¥4.31bn | ¥6.89bn | ¥5.47bn | ¥5.07bn |
| Capital spending | −¥3.85bn | −¥6.85bn | −¥6.22bn | −¥5.50bn | −¥4.63bn | −¥6.32bn | −¥2.73bn | −¥3.63bn | −¥3.82bn | −¥2.99bn |
| Free cash flow | ¥5.53bn | −¥957.0m | −¥1.04bn | −¥1.35bn | −¥257.0m | −¥1.14bn | ¥1.58bn | ¥3.26bn | ¥1.64bn | ¥2.08bn |
| Dividends paid | −¥1.12bn | −¥998.0m | −¥907.0m | −¥931.0m | −¥660.0m | −¥658.1m | −¥502.1m | −¥450.7m | −¥412.6m | −¥375.3m |
Latest quarters
By quarter end
| Aug 2026 | May 2026 | Feb 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥11.89bn | ¥13.92bn | ¥11.59bn | ¥12.13bn | ¥13.01bn | ¥14.03bn | ¥12.03bn | ¥11.91bn |
| Gross profit | ¥2.19bn | ¥2.78bn | ¥2.35bn | ¥2.21bn | ¥2.56bn | ¥2.26bn | ¥2.00bn | ¥2.13bn |
| Operating income | ¥713.0m | ¥884.0m | ¥1.13bn | ¥627.0m | ¥1.00bn | ¥752.0m | ¥397.0m | ¥622.0m |
| Net income | ¥701.0m | ¥893.0m | ¥1.04bn | ¥536.0m | ¥696.0m | ¥691.0m | ¥309.0m | ¥291.0m |
| Diluted earnings per share | 24.66 | 31.42 | 36.45 | 18.08 | 23.47 | 23.30 | 10.42 | 9.51 |
| Cash from operations | — | ¥9.38bn | — | — | — | — | — | ¥920.0m |
| Capital spending | — | −¥3.85bn | — | — | — | — | — | −¥2.44bn |
| Free cash flow | — | ¥5.53bn | — | — | — | — | — | −¥1.52bn |
| Total assets | ¥71.65bn | ¥73.29bn | ¥74.96bn | ¥76.84bn | ¥78.84bn | ¥78.00bn | ¥76.63bn | ¥79.63bn |
| Cash and short-term investments | ¥1.69bn | ¥954.0m | ¥1.87bn | ¥2.22bn | ¥2.15bn | ¥2.21bn | ¥2.38bn | ¥3.24bn |
| Debt | ¥3.25bn | ¥7.07bn | ¥3.40bn | ¥8.52bn | ¥3.49bn | ¥10.03bn | ¥3.20bn | ¥11.32bn |
| Shareholders' equity | ¥52.42bn | ¥52.89bn | ¥52.26bn | ¥52.17bn | ¥52.17bn | ¥52.00bn | ¥51.53bn | ¥52.01bn |
Financial ratios
Data as of 19 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 19.5% | 16.7% | 20.6% | 22.5% | 26.0% | 21.9% | — |
| Operating margin | 7.2% | 6.1% | 9.1% | 11.6% | 15.1% | 12.1% | — |
| Net margin | 6.2% | 3.8% | 7.0% | 8.0% | 10.7% | 8.7% | — |
| Return on equity | 6.0% | 3.7% | 6.3% | 7.1% | 9.9% | 10.2% | — |
| Return on assets | 4.3% | 2.4% | 4.2% | 5.1% | 7.2% | 7.4% | — |
| Free cash flow yield | 34.4% | 32.3% | 28.0% | 23.0% | 21.3% | 28.5% | — |
| Revenue growth | 0.0% | 8.0% | 4.0% | 3.8% | -10.8% | 8.2% | — |
| Earnings growth | 65.7% | -42.1% | -8.5% | -22.9% | 9.9% | 7.6% | — |
| Current ratio | 2.62x | 2.45x | 2.24x | 2.64x | 2.69x | 2.52x | — |
| Debt to equity | 0.13x | 0.19x | 0.14x | 0.09x | 0.07x | 0.08x | — |
| Equity ratio | 72.2% | 66.7% | 67.0% | 71.8% | 72.8% | 72.1% | — |
| Interest coverage | 27.98x | 25.05x | 103.88x | 434.33x | 730.78x | 753.67x | — |
| R&D as a share of sales | — | 5.0% | 5.0% | 4.1% | 4.0% | 4.2% | 3.1% |
| Buybacks as a share of market value | 2.6% | 3.1% | 3.2% | 0.5% | -4.6% | -0.7% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 3.9% | 0.8% | 3.4% |
| Operating income | -11.3% | -9.3% | 0.2% |
| Net income | -4.2% | -5.7% | 2.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 18.1% | 19.8% | 21.1% | 20.7% |
| Operating margin | 6.2% | 7.9% | 9.8% | 10.2% |
| Net margin | 5.0% | 6.2% | 7.3% | 7.5% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 11.9 | 21.1 | 9.7 | 8.4 | 7.7 | 9.7 | 12.9 | 11.5 | 12.3 | 15.0 |
| Price to sales | 0.7 | 0.8 | 0.7 | 0.7 | 0.8 | 0.8 | 1.1 | 1.0 | 0.9 | 1.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 16 years. Last went ex-dividend on 28 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 40.00 | 50.00 | 28.636 | 29.545 | 21.818 | 22.273 | 18.182 | 16.364 |
- 2-for-1 split · 29 May 2025
- 1.1-for-1 split · 30 Aug 2023
- 1.1-for-1 split · 27 Mar 2015
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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