A 
136
0.00%
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
¥2.99bn
FY2016FY2025
Net income
−¥743.3m
FY2016FY2025
Free cash flow
−¥865.0m
FY2016FY2025
Shareholders' equity
¥1.78bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥2.99bn | ¥3.46bn | ¥4.14bn | ¥4.55bn | ¥6.21bn | ¥4.19bn | ¥4.09bn | ¥4.09bn | ¥5.61bn | ¥6.00bn |
| Operating income | −¥184.3m | −¥459.8m | ¥146.6m | ¥1.02bn | ¥784.3m | ¥312.7m | −¥225.3m | −¥15.0m | −¥58.0m | ¥266.1m |
| Net income | −¥743.3m | −¥516.3m | −¥147.0m | ¥807.0m | ¥726.9m | ¥173.3m | −¥281.5m | −¥369.5m | −¥1.6m | ¥236.3m |
| Diluted earnings per share | -50.39 | -36.33 | -10.35 | 56.67 | 51.47 | 12.32 | -20.08 | -26.49 | -0.24 | 14.47 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥3.25bn | ¥4.09bn | ¥4.15bn | ¥4.58bn | ¥3.84bn | ¥3.20bn | ¥2.61bn | ¥3.04bn | ¥3.30bn | ¥3.32bn |
| Cash and short-term investments | ¥1.53bn | ¥1.94bn | ¥1.84bn | ¥2.12bn | ¥1.70bn | ¥1.17bn | ¥656.3m | ¥1.36bn | ¥1.24bn | ¥1.70bn |
| Total liabilities | ¥1.31bn | ¥1.55bn | ¥1.05bn | ¥1.36bn | ¥1.36bn | ¥1.42bn | ¥1.41bn | ¥1.65bn | ¥1.50bn | ¥1.97bn |
| Debt | ¥454.3m | ¥633.6m | ¥291.2m | ¥513.2m | ¥371.0m | ¥785.0m | ¥955.7m | ¥1.25bn | ¥775.6m | ¥998.4m |
| Shareholders' equity | ¥1.78bn | ¥2.39bn | ¥3.01bn | ¥3.16bn | ¥2.45bn | ¥1.74bn | ¥1.20bn | ¥1.39bn | ¥1.80bn | ¥1.35bn |
| Shares outstanding | 15m | 14m | 14m | 14m | 14m | 14m | 14m | 14m | 7m | 16m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −¥860.8m | −¥106.8m | −¥118.6m | ¥339.0m | ¥849.4m | ¥195.8m | −¥51.0m | −¥362.0m | −¥168.0m | ¥446.0m |
| Capital spending | −¥4.2m | −¥93.0m | −¥140.9m | −¥95.9m | −¥80.9m | −¥96.7m | −¥7.0m | −¥7.0m | −¥10.0m | −¥30.6m |
| Free cash flow | −¥865.0m | −¥199.7m | −¥259.4m | ¥243.0m | ¥768.5m | ¥99.1m | −¥58.0m | −¥369.0m | −¥178.0m | ¥415.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥629.9m | ¥767.7m | ¥775.6m | ¥715.6m | ¥690.0m | ¥809.3m | ¥887.6m | ¥874.0m |
| Operating income | −¥63.7m | −¥23.6m | −¥20.8m | −¥119.7m | −¥64.0m | ¥16.3m | −¥100.4m | −¥46.0m |
| Net income | −¥90.7m | −¥46.5m | −¥188.7m | −¥115.8m | ¥17.0m | −¥455.7m | −¥18.7m | −¥241.0m |
| Diluted earnings per share | -5.55 | -2.85 | -12.79 | -7.85 | 1.15 | -30.89 | -1.31 | -16.96 |
| Total assets | ¥3.18bn | ¥2.86bn | ¥3.25bn | ¥2.86bn | ¥3.11bn | ¥3.57bn | ¥4.09bn | ¥3.98bn |
| Cash and short-term investments | ¥1.08bn | ¥1.06bn | ¥1.53bn | ¥1.27bn | ¥1.49bn | ¥1.48bn | ¥1.94bn | ¥2.08bn |
| Debt | ¥357.3m | ¥162.9m | ¥446.3m | ¥162.9m | ¥520.2m | ¥164.8m | ¥179.6m | ¥178.7m |
| Shareholders' equity | ¥2.01bn | ¥1.73bn | ¥1.78bn | ¥1.65bn | ¥1.76bn | ¥1.97bn | ¥2.39bn | ¥2.47bn |
Financial ratios
Data as of 13 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | -6.2% | -12.2% | 2.6% | 24.1% | 15.7% | 7.5% |
| Net margin | -24.9% | -14.9% | -3.5% | 17.7% | 11.7% | 4.1% |
| Return on equity | -41.7% | -21.6% | -4.9% | 25.5% | 29.7% | 9.9% |
| Return on assets | -22.9% | -12.6% | -3.5% | 17.6% | 18.9% | 5.4% |
| Free cash flow yield | -38.2% | -0.6% | 1.0% | 20.1% | 43.3% | 13.7% |
| Revenue growth | -13.6% | -16.4% | -8.9% | -26.7% | 48.1% | 2.6% |
| Earnings growth | 44.0% | 251.3% | -118.2% | 11.0% | 319.5% | -161.6% |
| Current ratio | 2.59x | 3.15x | 4.18x | 3.28x | 2.38x | 2.04x |
| Debt to equity | 0.25x | 0.26x | 0.09x | 0.16x | 0.15x | 0.45x |
| Equity ratio | 54.9% | 58.5% | 72.6% | 69.0% | 63.6% | 54.5% |
| Interest coverage | -24.67x | -61.51x | 27.91x | 744.14x | 292.28x | 44.67x |
| Buybacks as a share of market value | -3.8% | -0.1% | 0.3% | -0.8% | -0.4% | -0.4% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -13.1% | -6.5% | 1.5% |
| Operating income | — | — | -6.1% |
| Net income | — | — | 5.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -10.0% | 3.4% | 6.3% | 2.6% |
| Net margin | -19.5% | -4.0% | 1.2% | -1.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -4.0 | -4.5 | -44.9 | 22.2 | 16.6 | 45.9 | -19.7 | -15.0 | -4018.0 | 52.1 |
| Price to sales | 1.0 | 0.7 | 1.6 | 3.9 | 1.9 | 1.9 | 1.4 | 1.4 | 1.1 | 2.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 3-for-1 split · 28 Jun 2017
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.