L
675
-5.06%
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
¥1.90bn
FY2021FY2025
Net income
¥146.8m
FY2021FY2025
Free cash flow
¥163.1m
FY2021FY2025
Shareholders' equity
¥2.55bn
FY2021FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | ¥1.90bn | ¥1.52bn | ¥1.37bn | ¥733.0m | ¥656.7m |
| Gross profit | ¥1.25bn | ¥1.00bn | ¥878.3m | ¥509.3m | ¥467.2m |
| Research and development | ¥27.4m | ¥18.8m | ¥10.8m | ¥21.0m | ¥32.6m |
| Operating income | ¥191.4m | ¥183.4m | ¥206.3m | −¥55.0m | ¥83.2m |
| Net income | ¥146.8m | ¥133.6m | ¥139.6m | −¥39.8m | ¥60.6m |
| Diluted earnings per share | 9.06 | 8.37 | 8.61 | -2.47 | 3.76 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Total assets | ¥2.82bn | ¥2.59bn | ¥2.49bn | ¥1.32bn | ¥413.9m |
| Cash and short-term investments | ¥2.05bn | ¥1.52bn | ¥1.94bn | ¥965.8m | ¥214.8m |
| Total liabilities | ¥268.2m | ¥200.2m | ¥242.5m | ¥149.9m | ¥205.2m |
| Debt | ¥1.3m | — | — | ¥62.3m | ¥74.9m |
| Shareholders' equity | ¥2.55bn | ¥2.39bn | ¥2.25bn | ¥1.17bn | ¥208.8m |
| Shares outstanding | 16m | 16m | 16m | 16m | 16m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Cash from operations | ¥215.8m | ¥4.5m | ¥116.5m | −¥182.2m | ¥57.7m |
| Capital spending | −¥52.7m | −¥44.2m | −¥15.5m | −¥39.5m | −¥14.2m |
| Free cash flow | ¥163.1m | −¥39.6m | ¥101.1m | −¥221.7m | ¥43.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥585.7m | ¥696.1m | ¥630.1m | ¥523.4m | ¥397.9m | ¥465.2m | ¥513.9m | ¥432.7m |
| Gross profit | ¥423.5m | ¥452.6m | ¥427.2m | ¥328.4m | ¥264.0m | ¥322.3m | ¥357.4m | ¥294.0m |
| Operating income | ¥34.2m | ¥98.5m | ¥113.2m | ¥59.0m | −¥73.5m | ¥84.4m | ¥121.5m | ¥86.9m |
| Net income | ¥26.6m | ¥61.1m | ¥88.3m | ¥76.4m | −¥71.7m | ¥58.4m | ¥83.7m | ¥68.7m |
| Diluted earnings per share | 1.65 | 3.79 | 5.45 | 4.71 | -4.42 | 3.60 | 5.24 | 4.30 |
| Cash from operations | — | — | — | −¥59.0m | — | ¥275.0m | — | — |
| Capital spending | — | — | — | −¥51.0m | — | −¥3.0m | — | — |
| Free cash flow | — | — | — | −¥110.0m | — | ¥272.0m | — | — |
| Total assets | ¥3.02bn | ¥3.09bn | ¥2.90bn | ¥2.82bn | ¥2.67bn | ¥2.85bn | ¥2.67bn | ¥2.59bn |
| Cash and short-term investments | ¥2.32bn | ¥1.88bn | ¥2.08bn | ¥2.05bn | ¥1.78bn | ¥1.80bn | ¥1.69bn | ¥1.52bn |
| Debt | — | ¥337,000 | ¥837,000 | ¥1.3m | ¥1.8m | — | — | — |
| Shareholders' equity | ¥2.73bn | ¥2.71bn | ¥2.64bn | ¥2.55bn | ¥2.47bn | ¥2.54bn | ¥2.48bn | ¥2.39bn |
Financial ratios
Data as of 2 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Gross margin | 66.0% | 66.1% | 64.1% | 69.5% | 71.1% |
| Operating margin | 10.1% | 12.1% | 15.1% | -7.6% | 12.9% |
| Net margin | 7.7% | 8.8% | 10.2% | -5.4% | 9.2% |
| Return on equity | 5.8% | 5.6% | 6.2% | -3.4% | 29.1% |
| Return on assets | 5.2% | 5.2% | 5.6% | -3.0% | 14.7% |
| Free cash flow yield | 1.9% | 0.3% | 0.9% | — | — |
| Revenue growth | 25.4% | 10.7% | 86.8% | 11.6% | — |
| Earnings growth | 9.9% | -4.3% | -450.2% | -165.7% | — |
| Current ratio | 9.89x | 10.54x | 9.96x | 12.54x | 2.68x |
| Debt to equity | 0.00x | — | 0.00x | 0.05x | 0.36x |
| Equity ratio | 90.5% | 92.3% | 90.3% | 88.6% | 50.4% |
| Interest coverage | 10635.44x | — | 1108.99x | -186.46x | 207.90x |
| R&D as a share of sales | 1.4% | 1.2% | 0.8% | 2.9% | 5.0% |
| Buybacks as a share of market value | -1.5% | 1.4% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 37.4% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 66.0% | 66.0% | — | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Price to earnings | 92.9 | 119.5 | 85.4 |
| Price to sales | 7.2 | 10.5 | 8.7 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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