D 
800
+1.91%
Close of 9 Nov 2026, in JPY
Search any instrument
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
¥11.57bn
FY2017FY2026
Net income
¥296.0m
FY2017FY2026
Free cash flow
−¥61.8m
FY2017FY2026
Shareholders' equity
¥13.69bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥11.57bn | ¥11.02bn | ¥10.88bn | ¥10.60bn | ¥9.86bn | ¥10.10bn | ¥10.69bn | ¥10.80bn | ¥10.67bn | ¥10.40bn |
| Gross profit | ¥3.62bn | ¥3.25bn | ¥3.24bn | ¥3.25bn | ¥3.17bn | ¥3.19bn | ¥3.40bn | ¥3.36bn | ¥3.38bn | ¥3.34bn |
| Research and development | ¥188.0m | ¥184.0m | ¥158.0m | ¥160.0m | ¥161.0m | ¥162.0m | ¥181.0m | — | — | — |
| Operating income | ¥257.4m | ¥295.3m | ¥448.0m | ¥430.8m | ¥374.5m | ¥418.7m | ¥402.0m | ¥252.1m | ¥391.3m | ¥468.7m |
| Net income | ¥296.0m | ¥246.2m | ¥328.7m | ¥316.1m | ¥257.4m | ¥296.2m | ¥282.0m | ¥176.6m | ¥266.9m | ¥312.9m |
| Diluted earnings per share | 53.99 | 44.90 | 59.95 | 57.65 | 46.95 | 51.08 | 48.64 | 30.07 | 46.53 | 53.62 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥16.93bn | ¥15.90bn | ¥15.97bn | ¥16.05bn | ¥15.66bn | ¥15.29bn | ¥15.23bn | ¥15.12bn | ¥15.20bn | ¥15.02bn |
| Cash and short-term investments | ¥3.32bn | ¥3.59bn | ¥3.95bn | ¥4.73bn | ¥4.92bn | ¥4.65bn | ¥4.16bn | ¥3.84bn | ¥3.86bn | ¥3.77bn |
| Total liabilities | ¥3.25bn | ¥2.69bn | ¥2.91bn | ¥3.39bn | ¥3.07bn | ¥2.89bn | ¥3.00bn | ¥3.01bn | ¥3.14bn | ¥3.19bn |
| Debt | — | — | — | — | — | — | — | — | — | ¥366.3m |
| Shareholders' equity | ¥13.69bn | ¥13.21bn | ¥13.05bn | ¥12.66bn | ¥12.59bn | ¥12.41bn | ¥12.22bn | ¥12.10bn | ¥12.06bn | ¥11.83bn |
| Shares outstanding | 5m | 5m | 5m | 5m | 5m | 6m | 6m | 6m | 6m | 6m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥535.2m | ¥280.9m | −¥165.9m | ¥355.7m | ¥655.4m | ¥802.7m | ¥588.0m | ¥342.0m | ¥587.0m | ¥595.0m |
| Capital spending | −¥596.9m | −¥555.3m | −¥526.4m | −¥257.1m | −¥288.0m | −¥144.0m | −¥154.0m | −¥217.0m | −¥375.0m | −¥317.0m |
| Free cash flow | −¥61.8m | −¥274.5m | −¥692.3m | ¥98.6m | ¥367.4m | ¥658.8m | ¥434.0m | ¥125.0m | ¥212.0m | ¥278.0m |
| Dividends paid | −¥109.4m | −¥82.4m | −¥82.1m | −¥87.0m | −¥87.4m | −¥87.9m | −¥87.8m | −¥88.0m | −¥88.0m | −¥81.0m |
Latest quarters
By quarter end
| Aug 2026 | May 2026 | Feb 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥3.07bn | ¥2.76bn | ¥3.46bn | ¥2.91bn | ¥2.61bn | ¥2.59bn | ¥3.04bn | ¥2.73bn |
| Gross profit | ¥860.9m | ¥815.9m | ¥1.05bn | ¥944.5m | ¥832.0m | ¥799.0m | ¥880.0m | ¥834.0m |
| Operating income | ¥22.8m | −¥33.0m | ¥228.3m | ¥63.2m | −¥24.0m | −¥10.9m | ¥131.8m | ¥25.0m |
| Net income | ¥21.9m | −¥30.6m | ¥292.9m | ¥20.1m | −¥17.0m | ¥1.0m | ¥171.7m | ¥11.0m |
| Diluted earnings per share | 3.99 | -5.58 | 53.42 | 3.67 | -3.10 | 0.18 | 31.30 | 2.01 |
| Cash from operations | — | — | — | — | ¥376.0m | — | — | — |
| Capital spending | — | — | — | — | −¥309.0m | — | — | — |
| Free cash flow | — | — | — | — | ¥67.0m | — | — | — |
| Total assets | ¥16.57bn | ¥16.55bn | ¥16.93bn | ¥16.32bn | ¥15.84bn | ¥15.69bn | ¥15.90bn | ¥15.69bn |
| Cash and short-term investments | ¥3.04bn | ¥3.25bn | ¥3.32bn | ¥3.28bn | ¥3.21bn | ¥3.30bn | ¥3.59bn | ¥3.64bn |
| Shareholders' equity | ¥13.63bn | ¥13.49bn | ¥13.69bn | ¥13.35bn | ¥13.25bn | ¥13.09bn | ¥13.21bn | ¥13.03bn |
Financial ratios
Data as of 17 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 31.3% | 29.5% | 29.7% | 30.7% | 32.2% | 31.6% | — | — | — |
| Operating margin | 2.2% | 3.2% | 4.5% | 4.3% | 3.9% | 4.3% | — | — | — |
| Net margin | 2.6% | 2.2% | 3.0% | 3.0% | 2.6% | 2.9% | — | — | — |
| Return on equity | 2.2% | 1.9% | 2.5% | 2.5% | 2.0% | 2.4% | — | — | — |
| Return on assets | 1.7% | 1.5% | 2.1% | 2.0% | 1.6% | 1.9% | — | — | — |
| Free cash flow yield | 24.1% | 17.8% | 7.7% | 13.0% | 20.1% | 19.1% | — | — | — |
| Revenue growth | 4.9% | 1.3% | 2.7% | 7.4% | -2.4% | -5.5% | — | — | — |
| Earnings growth | 20.3% | -25.1% | 4.0% | 22.8% | -13.1% | 5.0% | — | — | — |
| Current ratio | 3.57x | 4.29x | 4.02x | 3.47x | 3.76x | 3.72x | — | — | — |
| Debt to equity | — | — | — | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Equity ratio | 80.8% | 83.1% | 81.8% | 78.9% | 80.4% | 81.1% | — | — | — |
| Interest coverage | 140.29x | 355482.00x | 409.16x | 328.50x | 283.45x | 109105.75x | — | — | — |
| R&D as a share of sales | 1.6% | 1.7% | 1.5% | 1.5% | 1.6% | 1.6% | — | — | — |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | 0.0% | 5.4% | 0.0% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 3.0% | 2.7% | 0.7% |
| Operating income | -15.8% | -9.3% | -6.4% |
| Net income | -2.2% | -0.0% | -1.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 30.4% | 30.3% | 30.8% | 31.1% |
| Operating margin | 2.4% | 3.2% | 3.5% | 3.6% |
| Net margin | 2.4% | 2.7% | 2.7% | 2.7% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 15.6 | 19.4 | 13.7 | 14.1 | 14.7 | 14.2 | 14.8 | 24.3 | 13.0 | 16.4 |
| Price to sales | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 33 years. Last went ex-dividend on 26 Feb 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 37.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.