1,663
+0.30%
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
¥14.72bn
FY2021FY2025
Net income
¥297.4m
FY2021FY2025
Free cash flow
−¥171.5m
FY2021FY2025
Shareholders' equity
¥5.16bn
FY2021FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | ¥14.72bn | ¥12.27bn | ¥10.58bn | ¥8.82bn | ¥7.09bn |
| Gross profit | ¥10.03bn | ¥8.49bn | ¥7.32bn | ¥6.26bn | ¥5.02bn |
| Operating income | ¥764.9m | ¥860.3m | ¥679.4m | ¥381.0m | −¥161.7m |
| Net income | ¥297.4m | ¥535.6m | ¥390.5m | ¥314.2m | ¥234.5m |
| Diluted earnings per share | 51.97 | 95.22 | 71.13 | 55.49 | 41.41 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Total assets | ¥9.68bn | ¥8.10bn | ¥7.53bn | ¥5.61bn | ¥4.86bn |
| Cash and short-term investments | ¥3.45bn | ¥3.40bn | ¥3.59bn | ¥2.08bn | ¥1.58bn |
| Total liabilities | ¥4.52bn | ¥3.16bn | ¥3.13bn | ¥3.14bn | ¥2.71bn |
| Debt | ¥1.84bn | ¥669.4m | ¥959.9m | ¥1.26bn | ¥1.34bn |
| Shareholders' equity | ¥5.16bn | ¥4.94bn | ¥4.40bn | ¥2.46bn | ¥2.15bn |
| Shares outstanding | 6m | 6m | 5m | 6m | 6m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Cash from operations | ¥496.9m | ¥943.4m | ¥622.1m | ¥1.05bn | ¥482.6m |
| Capital spending | −¥668.5m | −¥496.7m | −¥382.8m | −¥302.9m | −¥499.9m |
| Free cash flow | −¥171.5m | ¥446.6m | ¥239.3m | ¥745.6m | −¥17.3m |
| Dividends paid | −¥101.3m | −¥82.2m | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥5.88bn | ¥5.79bn | ¥4.11bn | ¥3.96bn | ¥3.35bn | ¥3.30bn | ¥3.25bn | ¥3.16bn |
| Gross profit | ¥3.95bn | ¥3.76bn | ¥2.79bn | ¥2.71bn | ¥2.26bn | ¥2.25bn | ¥2.23bn | ¥2.26bn |
| Operating income | ¥61.4m | −¥15.6m | ¥293.4m | ¥79.0m | ¥157.4m | ¥235.1m | ¥175.7m | ¥267.1m |
| Net income | −¥62.6m | −¥135.1m | ¥64.2m | −¥17.3m | ¥104.7m | ¥145.9m | ¥126.7m | ¥160.2m |
| Diluted earnings per share | -11.06 | -23.86 | 11.21 | -3.03 | 18.29 | 25.50 | 22.53 | 28.48 |
| Cash from operations | — | — | ¥274.0m | — | — | — | — | — |
| Capital spending | — | — | −¥323.0m | — | — | — | — | — |
| Free cash flow | — | — | −¥49.0m | — | — | — | — | — |
| Total assets | ¥16.67bn | ¥16.82bn | ¥9.68bn | ¥9.49bn | ¥8.11bn | ¥7.89bn | ¥8.10bn | ¥7.60bn |
| Cash and short-term investments | ¥2.74bn | ¥2.84bn | ¥3.45bn | ¥3.20bn | ¥3.51bn | ¥3.26bn | ¥3.40bn | ¥3.37bn |
| Debt | ¥8.30bn | ¥1.17bn | ¥1.81bn | ¥516.4m | ¥915.6m | ¥246.5m | ¥275.8m | ¥315.0m |
| Shareholders' equity | ¥4.85bn | ¥4.90bn | ¥5.16bn | ¥5.09bn | ¥5.10bn | ¥5.00bn | ¥4.94bn | ¥4.78bn |
Financial ratios
Data as of 8 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Gross margin | 68.1% | 69.2% | 69.2% | 71.0% | 70.9% |
| Operating margin | 4.4% | 6.9% | 6.5% | 5.0% | 5.0% |
| Net margin | 2.0% | 4.4% | 3.7% | 3.6% | 3.3% |
| Return on equity | 5.8% | 10.8% | 8.9% | 12.8% | 10.9% |
| Return on assets | 3.1% | 6.6% | 5.2% | 5.6% | 4.8% |
| Free cash flow yield | 11.9% | 15.0% | 10.7% | — | — |
| Revenue growth | 20.0% | 16.0% | 20.1% | 24.4% | — |
| Earnings growth | -44.5% | 37.2% | 24.3% | 34.0% | — |
| Current ratio | 1.76x | 1.91x | 2.10x | 1.45x | 1.49x |
| Debt to equity | 0.35x | 0.13x | 0.22x | 0.51x | 0.62x |
| Equity ratio | 53.3% | 61.0% | 58.5% | 43.9% | 44.3% |
| Interest coverage | 45.72x | 196.75x | 142.91x | 85.11x | 62.35x |
| Buybacks as a share of market value | -1.7% | -2.5% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 18.6% | — | — |
| Operating income | 26.2% | — | — |
| Net income | -1.8% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 68.6% | 69.2% | — | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Price to earnings | 30.9 | 18.6 | 30.9 |
| Price to sales | 0.6 | 0.8 | 1.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 29 Dec 2025.
| FY2025 | FY2024 | |
|---|---|---|
| Paid in the year | 41.00 | 15.00 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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