AR Advanced Technology 5578.T · JPY
Information Technology · Tokyo Stock Exchange · 🇯🇵 Japan
670
-2.05%
Close of 9 Nov 2026, in JPY
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At a glance
Figures in JPY, from our data supplier.
Revenue
¥16.10bn
FY2021FY2026
Net income
¥778.9m
FY2021FY2026
Free cash flow
¥261.6m
FY2021FY2026
Shareholders' equity
¥2.84bn
FY2021FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | ¥16.10bn | ¥14.15bn | ¥11.13bn | ¥10.16bn | ¥8.77bn | ¥7.60bn |
| Gross profit | ¥5.10bn | ¥3.77bn | ¥2.84bn | ¥2.47bn | ¥1.99bn | ¥1.70bn |
| Research and development | — | ¥58.5m | ¥175.4m | ¥106.2m | ¥54.9m | ¥23.4m |
| Operating income | ¥1.14bn | ¥829.3m | ¥421.7m | ¥528.1m | ¥396.5m | ¥436.1m |
| Net income | ¥778.9m | ¥445.4m | ¥275.7m | ¥319.1m | ¥272.8m | ¥344.7m |
| Diluted earnings per share | 77.64 | 44.36 | 27.36 | 30.11 | 30.37 | 34.37 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Total assets | ¥6.97bn | ¥6.76bn | ¥4.75bn | ¥4.47bn | ¥2.81bn | ¥2.71bn |
| Cash and short-term investments | ¥2.95bn | ¥2.91bn | ¥2.33bn | ¥2.39bn | ¥886.9m | ¥911.2m |
| Total liabilities | ¥4.09bn | ¥4.59bn | ¥2.78bn | ¥2.72bn | ¥1.71bn | ¥1.87bn |
| Debt | ¥1.49bn | ¥1.53bn | ¥880.0m | ¥880.0m | ¥300.0m | ¥469.1m |
| Shareholders' equity | ¥2.84bn | ¥2.12bn | ¥1.97bn | ¥1.75bn | ¥1.11bn | ¥836.8m |
| Shares outstanding | 10m | 10m | 10m | 11m | 9m | 10m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash from operations | ¥319.0m | ¥1.14bn | ¥363.3m | ¥740.3m | ¥151.4m | ¥505.6m |
| Capital spending | −¥57.3m | −¥221.7m | −¥177.8m | −¥34.4m | −¥12.9m | −¥20.1m |
| Free cash flow | ¥261.6m | ¥920.3m | ¥185.5m | ¥705.9m | ¥138.5m | ¥485.5m |
| Dividends paid | −¥65.1m | — | −¥65.3m | — | — | — |
Latest quarters
By quarter end
| Aug 2026 | May 2026 | Feb 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥3.95bn | ¥4.20bn | ¥4.05bn | ¥3.90bn | ¥3.84bn | ¥3.75bn | ¥3.60bn | ¥2.96bn |
| Gross profit | ¥1.30bn | ¥1.31bn | ¥1.26bn | ¥1.22bn | ¥1.06bn | ¥1.03bn | ¥926.5m | ¥762.1m |
| Operating income | ¥235.6m | ¥310.7m | ¥337.1m | ¥261.2m | ¥267.6m | ¥289.3m | ¥204.1m | ¥68.3m |
| Net income | ¥250.0m | ¥206.3m | ¥197.5m | ¥125.0m | ¥196.5m | ¥164.7m | ¥96.5m | −¥12.2m |
| Diluted earnings per share | 24.93 | 20.57 | 19.69 | 12.45 | 19.57 | 16.41 | 9.61 | -1.21 |
| Cash from operations | — | — | — | — | ¥1.14bn | — | — | — |
| Capital spending | — | — | — | — | −¥221.0m | — | — | — |
| Free cash flow | — | — | — | — | ¥920.0m | — | — | — |
| Total assets | ¥6.97bn | ¥6.70bn | ¥6.65bn | ¥6.71bn | ¥6.76bn | ¥6.43bn | ¥6.03bn | ¥6.16bn |
| Cash and short-term investments | ¥2.95bn | ¥2.86bn | ¥2.64bn | ¥2.78bn | ¥2.91bn | ¥2.66bn | ¥2.09bn | ¥2.34bn |
| Debt | ¥1.27bn | ¥1.25bn | ¥1.28bn | ¥1.29bn | ¥1.53bn | ¥1.32bn | ¥1.83bn | ¥1.33bn |
| Shareholders' equity | ¥2.84bn | ¥2.59bn | ¥2.39bn | ¥2.18bn | ¥2.12bn | ¥1.92bn | ¥1.75bn | ¥1.89bn |
Financial ratios
Data as of 5 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Gross margin | 26.7% | 25.5% | 24.3% | 22.7% | 22.4% |
| Operating margin | 5.9% | 3.8% | 5.2% | 4.5% | 5.7% |
| Net margin | 3.1% | 2.5% | 3.1% | 3.1% | 4.5% |
| Return on equity | 21.0% | 14.0% | 18.2% | 24.7% | 41.2% |
| Return on assets | 6.6% | 5.8% | 7.1% | 9.7% | 12.7% |
| Free cash flow yield | 14.9% | 5.9% | 8.0% | 2.0% | — |
| Revenue growth | 27.2% | 9.5% | 15.9% | 15.4% | — |
| Earnings growth | 61.6% | -13.6% | 17.0% | -20.9% | — |
| Current ratio | 1.23x | 1.44x | 1.45x | 1.38x | 1.14x |
| Debt to equity | 0.72x | 0.45x | 0.50x | 0.27x | 0.56x |
| Equity ratio | 31.4% | 41.4% | 39.1% | 39.3% | 30.9% |
| Interest coverage | 46.70x | 68.96x | 92.47x | 57.41x | 60.91x |
| R&D as a share of sales | 0.4% | 1.6% | 1.0% | 0.6% | 0.3% |
| Buybacks as a share of market value | 0.3% | 4.9% | -18.0% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 16.6% | 16.2% | — |
| Operating income | 29.4% | 21.3% | — |
| Net income | 34.6% | 17.7% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 29.3% | 27.5% | 26.3% | — |
| Operating margin | 6.5% | 5.7% | 5.5% | — |
| Net margin | 4.0% | 3.5% | 3.6% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Price to earnings | 9.7 | 28.0 | 20.7 | 23.6 |
| Price to sales | 0.5 | 0.9 | 0.5 | 0.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 28 Aug 2025.
| FY2025 | FY2024 | |
|---|---|---|
| Paid in the year | 6.667 | 6.667 |
- 3-for-1 split · 27 Nov 2025
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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