M
293
+4.27%
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
¥6.69bn
FY2020FY2026
Net income
¥101.7m
FY2020FY2026
Free cash flow
¥63.2m
FY2020FY2026
Shareholders' equity
¥1.97bn
FY2020FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Revenue | ¥6.69bn | ¥6.59bn | ¥6.43bn | ¥6.61bn | ¥6.55bn | ¥5.48bn | ¥2.36bn |
| Gross profit | ¥3.35bn | ¥3.36bn | ¥3.21bn | ¥3.30bn | ¥3.24bn | ¥2.68bn | ¥1.31bn |
| Operating income | ¥339.4m | ¥232.6m | ¥142.7m | ¥104.4m | ¥202.1m | −¥133.7m | −¥197.7m |
| Net income | ¥101.7m | ¥27.8m | ¥194.1m | ¥53.4m | ¥246.7m | −¥146.6m | −¥193.8m |
| Diluted earnings per share | 6.17 | 1.99 | 13.90 | 3.82 | 17.89 | -8.90 | -11.77 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Total assets | ¥4.25bn | ¥4.14bn | ¥3.68bn | ¥3.38bn | ¥2.64bn | ¥2.09bn | ¥1.33bn |
| Cash and short-term investments | ¥2.98bn | ¥2.98bn | ¥2.26bn | ¥1.78bn | ¥1.31bn | ¥989.2m | ¥970.0m |
| Total liabilities | ¥2.28bn | ¥2.27bn | ¥1.84bn | ¥1.74bn | ¥1.69bn | ¥1.39bn | ¥484.0m |
| Debt | — | — | ¥110,000 | ¥230,000 | ¥350,000 | ¥470,000 | ¥580,000 |
| Shareholders' equity | ¥1.97bn | ¥1.87bn | ¥1.84bn | ¥1.64bn | ¥946.6m | ¥699.9m | ¥846.0m |
| Shares outstanding | 16m | 14m | 14m | 14m | 14m | 16m | 16m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | ¥65.5m | ¥765.6m | ¥479.0m | −¥8.1m | ¥512.6m | ¥114.2m | −¥105.1m |
| Capital spending | −¥2.3m | −¥51.2m | −¥2.9m | −¥142.6m | −¥143.3m | −¥88.8m | −¥23.3m |
| Free cash flow | ¥63.2m | ¥714.4m | ¥476.1m | −¥150.7m | ¥369.3m | ¥25.4m | −¥128.3m |
Latest quarters
By quarter end
| Jul 2026 | Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥1.57bn | ¥1.61bn | ¥1.73bn | ¥1.65bn | ¥1.70bn | ¥1.61bn | ¥1.67bn | ¥1.66bn |
| Gross profit | ¥741.0m | ¥802.5m | ¥838.8m | ¥820.6m | ¥856.2m | ¥832.7m | ¥856.7m | ¥845.9m |
| Operating income | ¥60.4m | ¥61.8m | ¥74.1m | ¥119.2m | ¥94.3m | ¥51.9m | ¥48.9m | ¥51.3m |
| Net income | ¥59.2m | ¥62.4m | −¥33.1m | ¥66.0m | ¥14.0m | ¥54.9m | −¥127.3m | ¥43.4m |
| Diluted earnings per share | 3.60 | 3.79 | -2.01 | 4.72 | 1.00 | 3.93 | -9.12 | 3.11 |
| Total assets | ¥5.05bn | ¥4.12bn | ¥4.25bn | ¥4.36bn | ¥4.18bn | ¥4.17bn | ¥4.14bn | ¥3.97bn |
| Cash and short-term investments | ¥3.83bn | ¥2.71bn | ¥2.98bn | ¥3.18bn | ¥2.98bn | ¥2.74bn | ¥2.98bn | ¥2.87bn |
| Shareholders' equity | ¥3.02bn | ¥2.04bn | ¥1.97bn | ¥2.01bn | ¥1.94bn | ¥1.93bn | ¥1.87bn | ¥2.00bn |
Financial ratios
Data as of 18 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 50.1% | 51.0% | 49.9% | 50.0% | 49.4% | 48.9% | — |
| Operating margin | 1.6% | 1.5% | 2.3% | 1.6% | 3.1% | -2.4% | — |
| Net margin | 1.5% | 0.4% | 3.0% | 0.8% | 3.8% | -2.7% | — |
| Return on equity | 5.2% | 1.5% | 10.5% | 3.3% | 26.1% | -20.9% | — |
| Return on assets | 2.4% | 0.7% | 5.3% | 1.6% | 9.3% | -7.0% | — |
| Free cash flow yield | 1.1% | 15.0% | 9.4% | -0.2% | 10.2% | — | — |
| Revenue growth | 1.5% | 2.5% | -2.6% | 0.8% | 19.6% | 132.3% | — |
| Earnings growth | 265.4% | -85.7% | 263.3% | -78.3% | -268.2% | -24.4% | — |
| Current ratio | 1.70x | 1.66x | 1.79x | 1.70x | 1.34x | 1.41x | — |
| Debt to equity | — | — | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Equity ratio | 46.4% | 45.2% | 50.1% | 48.6% | 35.9% | 33.4% | — |
| Buybacks as a share of market value | -17.9% | 0.0% | 0.0% | -1.3% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 0.4% | 4.1% | — |
| Operating income | 48.2% | — | — |
| Net income | 23.9% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 50.5% | 50.2% | 49.9% | — |
| Operating margin | 4.3% | 3.1% | 2.3% | — |
| Net margin | 1.0% | 1.4% | 1.2% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Price to earnings | 50.4 | 175.1 | 17.2 | 65.1 | 20.5 |
| Price to sales | 0.8 | 0.7 | 0.5 | 0.5 | 0.8 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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