N 
977
+1.14%
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
¥40.24bn
FY2017FY2026
Net income
¥3.38bn
FY2017FY2026
Free cash flow
−¥5.68bn
FY2017FY2026
Shareholders' equity
¥52.22bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥40.24bn | ¥37.06bn | ¥33.73bn | ¥31.88bn | ¥29.50bn | ¥30.45bn | ¥35.05bn | ¥38.02bn | ¥37.45bn | ¥32.07bn |
| Gross profit | ¥8.07bn | ¥7.26bn | ¥5.89bn | ¥5.37bn | ¥5.56bn | ¥5.51bn | ¥5.83bn | ¥5.90bn | ¥5.70bn | ¥5.46bn |
| Research and development | — | ¥436.8m | ¥447.0m | ¥343.0m | ¥233.0m | ¥140.8m | ¥129.0m | ¥288.0m | ¥273.9m | ¥277.5m |
| Operating income | ¥2.52bn | ¥2.02bn | ¥1.38bn | ¥1.25bn | ¥1.46bn | ¥1.74bn | ¥1.83bn | ¥1.70bn | ¥1.70bn | ¥1.52bn |
| Net income | ¥3.38bn | ¥3.05bn | ¥1.91bn | ¥1.64bn | ¥2.14bn | ¥2.13bn | ¥2.11bn | ¥2.05bn | ¥1.65bn | ¥1.38bn |
| Diluted earnings per share | 66.40 | 66.01 | 41.16 | 34.40 | 44.38 | 42.33 | 43.16 | 42.02 | 33.19 | 27.51 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥69.00bn | ¥57.24bn | ¥62.08bn | ¥54.98bn | ¥52.12bn | ¥50.42bn | ¥48.98bn | ¥49.35bn | ¥48.95bn | ¥47.50bn |
| Cash and short-term investments | ¥10.30bn | ¥12.75bn | ¥14.39bn | ¥12.46bn | ¥13.07bn | ¥12.33bn | ¥10.38bn | ¥11.05bn | ¥8.84bn | ¥8.89bn |
| Total liabilities | ¥16.27bn | ¥14.16bn | ¥20.48bn | ¥16.78bn | ¥15.19bn | ¥14.40bn | ¥15.82bn | ¥17.28bn | ¥18.17bn | ¥17.94bn |
| Debt | ¥1.01bn | ¥920.2m | ¥1.56bn | ¥1.07bn | ¥983.7m | ¥932.5m | ¥952.8m | ¥1.25bn | ¥1.23bn | ¥1.21bn |
| Shareholders' equity | ¥52.22bn | ¥42.61bn | ¥41.13bn | ¥37.90bn | ¥36.63bn | ¥35.69bn | ¥32.81bn | ¥31.84bn | ¥30.57bn | ¥29.35bn |
| Shares outstanding | 51m | 46m | 46m | 48m | 48m | 50m | 49m | 49m | 50m | 50m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −¥3.48bn | ¥897.2m | ¥2.77bn | ¥650.0m | ¥972.9m | ¥3.60bn | ¥1.76bn | ¥3.79bn | ¥899.4m | ¥1.86bn |
| Capital spending | −¥2.20bn | −¥1.49bn | −¥700.0m | −¥687.0m | −¥471.0m | −¥706.0m | −¥909.0m | −¥1.20bn | −¥349.9m | −¥657.9m |
| Free cash flow | −¥5.68bn | −¥596.5m | ¥2.07bn | −¥37.0m | ¥501.9m | ¥2.89bn | ¥851.4m | ¥2.60bn | ¥549.6m | ¥1.20bn |
| Dividends paid | −¥1.02bn | −¥1.10bn | −¥538.8m | −¥499.7m | −¥629.8m | −¥479.1m | −¥458.1m | −¥435.7m | −¥415.0m | −¥419.8m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥11.71bn | ¥12.65bn | ¥10.83bn | ¥8.72bn | ¥8.03bn | ¥8.41bn | ¥9.73bn | ¥9.91bn |
| Gross profit | ¥2.42bn | ¥2.27bn | ¥2.07bn | ¥1.80bn | ¥1.92bn | ¥1.42bn | ¥1.89bn | ¥1.86bn |
| Operating income | ¥918.2m | ¥655.3m | ¥723.0m | ¥515.7m | ¥629.7m | −¥651,000 | ¥554.0m | ¥574.0m |
| Net income | ¥1.66bn | ¥641.6m | ¥867.2m | ¥608.8m | ¥1.27bn | −¥34.3m | ¥997.0m | ¥744.0m |
| Diluted earnings per share | 32.59 | 12.60 | 18.80 | 13.20 | 27.42 | -0.74 | 21.46 | 16.01 |
| Total assets | ¥69.69bn | ¥69.00bn | ¥58.31bn | ¥58.21bn | ¥57.62bn | ¥57.24bn | ¥60.57bn | ¥60.31bn |
| Cash and short-term investments | ¥11.03bn | ¥10.30bn | ¥6.63bn | ¥10.21bn | ¥11.74bn | ¥12.75bn | ¥13.98bn | ¥14.96bn |
| Debt | ¥988.7m | ¥1.01bn | ¥830.0m | ¥838.4m | ¥846.7m | ¥874.8m | ¥863.4m | ¥929.2m |
| Shareholders' equity | ¥53.99bn | ¥52.22bn | ¥45.48bn | ¥45.28bn | ¥43.76bn | ¥42.61bn | ¥42.37bn | ¥41.12bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 8.1% | 5.7% | 1.8% |
| Operating income | 26.3% | 7.7% | 2.9% |
| Net income | 27.2% | 9.7% | 6.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 19.8% | 18.6% | 18.6% | 17.5% |
| Operating margin | 5.9% | 5.0% | 5.1% | 5.0% |
| Net margin | 8.3% | 7.0% | 7.0% | 6.1% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 15.4 | 23.0 | 16.7 | 12.9 | 7.3 | 8.2 | 9.3 | 10.2 | 12.3 | 15.4 |
| Price to sales | 1.3 | 1.9 | 0.9 | 0.7 | 0.5 | 0.6 | 0.6 | 0.6 | 0.5 | 0.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 23 years. Last went ex-dividend on 29 Sept 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 13.00 | 33.50 | 22.00 | 10.50 | 10.00 | 12.00 | 9.50 | 9.00 |
- 2-for-1 split · 29 Dec 2025
- 21-for-20 split · 27 Mar 1990
- 21-for-20 split · 28 Mar 1989
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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