K 
3,860
+0.26%
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
¥5.93bn
FY2016FY2025
Net income
¥72.3m
FY2016FY2025
Free cash flow
¥7.7m
FY2016FY2025
Shareholders' equity
¥3.33bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥5.93bn | ¥5.91bn | ¥6.14bn | ¥5.63bn | ¥5.31bn | ¥4.88bn | ¥5.74bn | ¥5.69bn | ¥5.85bn | ¥6.02bn |
| Gross profit | ¥1.27bn | ¥1.30bn | ¥1.36bn | ¥1.35bn | ¥1.30bn | ¥1.08bn | ¥1.38bn | ¥1.40bn | ¥1.48bn | ¥1.46bn |
| Research and development | ¥256.2m | ¥259.0m | ¥265.3m | ¥266.1m | ¥272.0m | ¥275.0m | ¥282.7m | ¥288.6m | ¥281.9m | ¥272.2m |
| Operating income | ¥54.3m | ¥93.1m | ¥188.3m | ¥161.3m | ¥140.4m | −¥62.1m | ¥207.0m | ¥243.3m | ¥316.0m | ¥319.7m |
| Net income | ¥72.3m | ¥170.6m | ¥203.0m | ¥162.2m | ¥146.2m | −¥2.5m | ¥198.9m | ¥220.7m | ¥264.8m | ¥244.3m |
| Diluted earnings per share | 72.65 | 171.33 | 203.90 | 162.91 | 146.77 | -2.52 | 199.75 | 221.54 | 265.85 | 245.24 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥8.67bn | ¥8.69bn | ¥8.58bn | ¥8.18bn | ¥7.82bn | ¥7.22bn | ¥8.02bn | ¥7.32bn | ¥7.12bn | ¥6.90bn |
| Cash and short-term investments | ¥1.89bn | ¥1.91bn | ¥1.90bn | ¥2.04bn | ¥2.02bn | ¥1.67bn | ¥1.71bn | ¥1.55bn | ¥1.37bn | ¥1.02bn |
| Total liabilities | ¥5.34bn | ¥5.48bn | ¥5.53bn | ¥5.46bn | ¥5.29bn | ¥4.85bn | ¥5.57bn | ¥5.15bn | ¥5.05bn | ¥5.16bn |
| Debt | ¥1.91bn | ¥1.91bn | ¥1.86bn | ¥1.89bn | ¥2.00bn | ¥2.02bn | ¥2.06bn | ¥1.99bn | ¥2.13bn | ¥2.19bn |
| Shareholders' equity | ¥3.33bn | ¥3.22bn | ¥3.06bn | ¥2.72bn | ¥2.53bn | ¥2.37bn | ¥2.45bn | ¥2.17bn | ¥2.07bn | ¥1.74bn |
| Shares outstanding | 1m | 1m | 1m | 1m | 1m | 1m | 1m | 1m | 1m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥283.9m | ¥139.5m | ¥165.7m | ¥206.1m | ¥447.3m | ¥190.6m | ¥318.0m | ¥305.3m | ¥522.8m | ¥257.3m |
| Capital spending | −¥276.2m | −¥264.5m | −¥237.6m | −¥66.8m | −¥43.4m | −¥141.8m | −¥201.2m | −¥82.9m | −¥89.0m | −¥132.1m |
| Free cash flow | ¥7.7m | −¥125.0m | −¥71.9m | ¥139.4m | ¥403.9m | ¥48.8m | ¥116.8m | ¥222.4m | ¥433.8m | ¥125.1m |
| Dividends paid | −¥29.9m | −¥29.9m | −¥24.9m | −¥24.9m | −¥24.9m | −¥25.1m | −¥24.9m | −¥24.8m | −¥19.5m | −¥19.6m |
Latest quarters
By quarter end
| Aug 2026 | May 2026 | Feb 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥1.80bn | ¥1.73bn | ¥1.41bn | ¥1.63bn | ¥1.50bn | ¥1.42bn | ¥1.37bn | ¥1.55bn |
| Gross profit | ¥579.8m | ¥418.6m | ¥253.3m | ¥306.5m | ¥264.8m | ¥220.9m | ¥217.0m | ¥276.5m |
| Operating income | ¥354.3m | ¥176.4m | ¥10.7m | ¥63.9m | ¥29.1m | −¥9.1m | −¥29.6m | ¥30.3m |
| Net income | ¥284.2m | ¥139.3m | ¥15.2m | ¥53.3m | ¥30.4m | ¥3.5m | −¥14.9m | ¥101.0m |
| Diluted earnings per share | 285.55 | 139.90 | 15.28 | 53.59 | 30.57 | 3.51 | -15.02 | 101.40 |
| Total assets | ¥9.03bn | ¥8.83bn | ¥8.81bn | ¥8.67bn | ¥8.37bn | ¥8.46bn | ¥8.20bn | ¥8.69bn |
| Cash and short-term investments | ¥2.48bn | ¥2.47bn | ¥2.01bn | ¥1.89bn | ¥1.89bn | ¥2.16bn | ¥1.87bn | ¥1.91bn |
| Debt | ¥1.12bn | ¥2.06bn | ¥1.13bn | ¥1.91bn | ¥1.16bn | ¥2.12bn | ¥1.21bn | ¥1.03bn |
| Shareholders' equity | ¥3.81bn | ¥3.52bn | ¥3.48bn | ¥3.33bn | ¥3.24bn | ¥3.16bn | ¥3.17bn | ¥3.22bn |
Financial ratios
Data as of 30 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 21.3% | 22.1% | 22.2% | 23.9% | 24.4% | 22.1% |
| Operating margin | 1.9% | 4.2% | 4.0% | 3.9% | 4.2% | -1.3% |
| Net margin | 1.2% | 2.9% | 3.3% | 2.9% | 2.8% | -0.1% |
| Return on equity | 2.2% | 5.3% | 6.6% | 6.0% | 5.8% | -0.1% |
| Return on assets | 0.8% | 2.0% | 2.4% | 2.0% | 1.9% | -0.0% |
| Free cash flow yield | 14.0% | 10.1% | 10.1% | 6.8% | 12.3% | 8.3% |
| Revenue growth | 0.3% | -3.7% | 9.1% | 6.0% | 8.8% | -15.0% |
| Earnings growth | -57.6% | -16.0% | 25.1% | 11.0% | -5918.4% | -101.3% |
| Current ratio | 1.58x | 1.61x | 1.60x | 1.64x | 1.66x | 1.62x |
| Debt to equity | 0.57x | 0.59x | 0.61x | 0.74x | 0.79x | 0.85x |
| Equity ratio | 38.4% | 37.0% | 35.6% | 33.2% | 32.4% | 32.8% |
| Interest coverage | 6.23x | 23.01x | 30.26x | 26.90x | 24.15x | -6.71x |
| R&D as a share of sales | 4.3% | 4.4% | 4.3% | 4.7% | 5.1% | 5.6% |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 1.7% | 4.0% | -0.8% |
| Operating income | -30.4% | — | -15.8% |
| Net income | -23.6% | — | -11.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 21.7% | 22.4% | 22.6% | 23.4% |
| Operating margin | 1.2% | 2.1% | 1.7% | 3.1% |
| Net margin | 2.1% | 2.6% | 2.2% | 3.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 26.3 | 8.8 | 7.3 | 12.5 | 17.3 | -480.1 | 7.0 | 5.6 | 6.1 | 9.6 |
| Price to sales | 0.3 | 0.3 | 0.2 | 0.4 | 0.5 | 0.3 | 0.2 | 0.2 | 0.3 | 0.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 12 years. Last went ex-dividend on 27 Nov 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 70.00 | 30.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 |
- 10-to-1 reverse split · 29 May 2017
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.