R
3,195
+6.54%
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
¥2.99bn
FY2021FY2026
Net income
¥407.5m
FY2021FY2026
Free cash flow
¥551.6m
FY2021FY2026
Shareholders' equity
¥3.72bn
FY2021FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | ¥2.99bn | ¥2.59bn | ¥1.07bn | ¥790.4m | ¥968.5m | ¥419.4m |
| Research and development | — | ¥29.4m | ¥47.3m | ¥52.7m | ¥68.8m | ¥11.2m |
| Operating income | ¥547.2m | ¥283.1m | ¥152.7m | ¥70.3m | ¥56.4m | −¥156.6m |
| Net income | ¥407.5m | ¥139.6m | ¥121.7m | ¥44.6m | ¥150.1m | −¥148.8m |
| Diluted earnings per share | 93.15 | 33.63 | 30.44 | 11.10 | 43.32 | -34.00 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Total assets | ¥4.48bn | ¥2.86bn | ¥2.36bn | ¥2.06bn | ¥1.56bn | ¥1.39bn |
| Cash and short-term investments | ¥3.56bn | ¥1.83bn | ¥1.37bn | ¥1.72bn | ¥1.38bn | ¥1.21bn |
| Total liabilities | ¥733.8m | ¥398.5m | ¥225.7m | ¥73.2m | ¥147.6m | ¥128.9m |
| Debt | ¥40.0m | — | −¥73.1m | — | — | ¥2.8m |
| Shareholders' equity | ¥3.72bn | ¥2.20bn | ¥2.14bn | ¥1.99bn | ¥1.41bn | ¥1.26bn |
| Shares outstanding | 4m | 4m | 4m | 4m | 3m | 4m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash from operations | ¥562.0m | ¥51.3m | ¥348.6m | −¥145.8m | ¥178.2m | −¥76.5m |
| Capital spending | −¥10.5m | −¥43.7m | −¥6.0m | −¥2.9m | −¥4.6m | −¥4.3m |
| Free cash flow | ¥551.6m | ¥7.6m | ¥342.6m | −¥148.7m | ¥173.6m | −¥80.8m |
Latest quarters
By quarter end
| Jul 2026 | Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥915.3m | ¥927.9m | ¥573.5m | ¥577.1m | ¥546.2m | ¥640.0m | ¥719.0m | ¥688.1m |
| Operating income | ¥145.9m | ¥231.6m | ¥98.6m | ¥71.1m | ¥17.7m | ¥64.7m | ¥100.5m | ¥100.2m |
| Net income | ¥158.2m | ¥144.3m | ¥67.1m | ¥38.0m | ¥7.1m | ¥32.9m | ¥48.3m | ¥51.3m |
| Diluted earnings per share | 36.15 | 32.99 | 15.33 | 9.15 | 1.71 | 7.92 | 11.64 | 12.84 |
| Total assets | ¥4.48bn | ¥4.36bn | ¥3.97bn | ¥3.89bn | ¥2.86bn | ¥3.11bn | ¥3.08bn | ¥3.01bn |
| Cash and short-term investments | ¥3.56bn | ¥3.27bn | ¥2.95bn | ¥2.96bn | ¥1.83bn | ¥2.15bn | ¥1.95bn | ¥2.10bn |
| Debt | ¥40.0m | — | — | — | — | — | ¥68.4m | ¥38.5m |
| Shareholders' equity | ¥3.72bn | ¥3.54bn | ¥3.37bn | ¥3.30bn | ¥2.20bn | ¥2.27bn | ¥2.24bn | ¥2.18bn |
Financial ratios
Data as of 6 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating margin | 18.3% | 10.9% | 14.2% | 8.9% | 5.8% | -37.3% |
| Net margin | 13.6% | 5.4% | 11.4% | 5.6% | 15.5% | -35.5% |
| Return on equity | 11.0% | 6.4% | 5.7% | 2.2% | 10.6% | -11.8% |
| Return on assets | 9.1% | 4.9% | 5.2% | 2.2% | 9.6% | -10.7% |
| Free cash flow yield | 4.1% | 0.7% | 2.8% | -1.1% | 1.7% | — |
| Revenue growth | 15.4% | 141.9% | 35.6% | -18.4% | 130.9% | — |
| Earnings growth | 191.9% | 14.7% | 173.1% | -70.3% | -200.9% | — |
| Current ratio | 7.03x | 6.23x | 6.82x | 26.65x | 9.95x | 10.19x |
| Debt to equity | 0.01x | — | -0.03x | — | — | 0.00x |
| Equity ratio | 83.0% | 76.9% | 90.4% | 96.5% | 90.5% | 90.7% |
| Interest coverage | — | 623.65x | — | — | — | — |
| R&D as a share of sales | — | 1.1% | 4.4% | 6.7% | 7.1% | 2.7% |
| Buybacks as a share of market value | -5.4% | -3.9% | 0.4% | -15.9% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 55.9% | 48.2% | — |
| Operating income | 98.1% | — | — |
| Net income | 109.1% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 14.9% | 14.1% | 10.8% | — |
| Net margin | 9.8% | 9.6% | 8.1% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Price to earnings | 33.1 | 59.7 | 79.2 | 138.5 |
| Price to sales | 4.5 | 3.2 | 9.0 | 7.8 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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