S 
830
+4.53%
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
—
FY2017FY2026
Net income
−¥3.84bn
FY2017FY2026
Free cash flow
−¥3.84bn
FY2017FY2026
Shareholders' equity
¥13.60bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | ¥22.9m | ¥447.2m | ¥741.6m | ¥490.5m | ¥949.5m |
| Research and development | ¥2.68bn | ¥2.36bn | ¥2.85bn | ¥6.12bn | ¥4.96bn | ¥4.07bn | ¥4.33bn | ¥3.72bn | ¥4.16bn | ¥2.06bn |
| Operating income | −¥4.12bn | −¥3.52bn | −¥4.54bn | −¥7.90bn | −¥6.62bn | −¥5.80bn | −¥5.49bn | −¥3.73bn | −¥4.38bn | −¥1.93bn |
| Net income | −¥3.84bn | −¥2.88bn | −¥2.64bn | −¥5.56bn | −¥4.68bn | −¥3.39bn | −¥5.16bn | −¥2.92bn | −¥3.94bn | −¥1.84bn |
| Diluted earnings per share | -49.23 | -40.02 | -38.53 | -84.97 | -78.48 | -65.37 | -99.60 | -56.40 | -79.23 | -40.09 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥15.62bn | ¥3.45bn | ¥5.05bn | ¥7.05bn | ¥5.51bn | ¥13.34bn | ¥15.61bn | ¥13.98bn | ¥5.19bn | ¥6.29bn |
| Cash and short-term investments | ¥15.08bn | ¥2.92bn | ¥4.45bn | ¥6.73bn | ¥4.56bn | ¥12.48bn | ¥13.65bn | ¥12.45bn | ¥4.65bn | ¥5.56bn |
| Total liabilities | ¥2.02bn | ¥1.68bn | ¥2.25bn | ¥2.62bn | ¥3.48bn | ¥4.99bn | ¥4.68bn | ¥5.07bn | ¥4.34bn | ¥1.70bn |
| Debt | ¥1.24bn | ¥397.0m | ¥665.0m | ¥933.0m | ¥2.52bn | ¥4.00bn | ¥4.00bn | ¥4.03bn | ¥2.30bn | ¥1.30bn |
| Shareholders' equity | ¥13.60bn | ¥1.76bn | ¥2.79bn | ¥4.43bn | ¥2.04bn | ¥8.35bn | ¥10.93bn | ¥8.91bn | ¥853.3m | ¥4.59bn |
| Shares outstanding | 78m | 72m | 69m | 65m | 60m | 52m | 52m | 52m | 50m | 46m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −¥3.81bn | −¥3.62bn | −¥4.78bn | −¥7.45bn | −¥6.57bn | −¥5.27bn | −¥5.73bn | −¥4.03bn | −¥1.97bn | −¥1.83bn |
| Capital spending | −¥32.8m | −¥4.9m | −¥11.1m | −¥7.9m | −¥41.7m | −¥96.2m | −¥95.7m | −¥6.4m | −¥32.5m | −¥97.4m |
| Free cash flow | −¥3.84bn | −¥3.62bn | −¥4.79bn | −¥7.46bn | −¥6.61bn | −¥5.37bn | −¥5.82bn | −¥4.03bn | −¥2.00bn | −¥1.92bn |
Latest quarters
By quarter end
| Jul 2026 | Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | |
|---|---|---|---|---|---|---|---|---|
| Operating income | −¥956.6m | −¥953.3m | −¥1.12bn | −¥785.8m | −¥880.8m | −¥1.01bn | −¥1.03bn | −¥911.0m |
| Net income | −¥955.5m | −¥836.0m | −¥1.13bn | −¥716.6m | −¥465.8m | −¥1.53bn | −¥730.5m | −¥843.2m |
| Diluted earnings per share | -12.24 | -10.71 | -14.46 | -9.95 | -6.47 | -21.26 | -10.14 | -12.29 |
| Total assets | ¥13.65bn | ¥14.52bn | ¥15.62bn | ¥2.41bn | ¥3.22bn | ¥4.21bn | ¥3.45bn | ¥2.56bn |
| Cash and short-term investments | ¥12.75bn | ¥14.00bn | ¥15.08bn | ¥1.91bn | ¥2.74bn | ¥3.59bn | ¥2.92bn | ¥2.04bn |
| Debt | ¥1.13bn | ¥62.0m | ¥1.24bn | ¥196.0m | ¥1.36bn | ¥268.0m | ¥268.0m | ¥268.0m |
| Shareholders' equity | ¥11.72bn | ¥12.68bn | ¥13.60bn | ¥492.2m | ¥1.29bn | ¥1.90bn | ¥1.76bn | ¥616.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -19.5% | -6.6% | 13.9% |
| Net income | -11.6% | 2.6% | 14.5% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -17.2 | -42.2 | -19.5 | -8.3 | -10.0 | -15.4 | -13.4 | -46.7 | -66.5 | -52.3 |
| Price to sales | — | — | — | — | — | — | 154.8 | 183.8 | — | 101.0 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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