2,470
-2.27%
Close of 9 Nov 2026, in JPY
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At a glance
Figures in JPY, from our data supplier.
Revenue
¥3.02trn
FY2016FY2025
Net income
¥186.69bn
FY2016FY2025
Free cash flow
¥174.89bn
FY2016FY2025
Shareholders' equity
¥2.62trn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥3.02trn | ¥3.02trn | ¥3.02trn | ¥2.68trn | ¥2.20trn | ¥1.85trn | ¥1.92trn | ¥1.85trn | ¥1.75trn | ¥1.60trn |
| Gross profit | ¥884.31bn | ¥927.98bn | ¥876.47bn | ¥685.68bn | ¥631.81bn | ¥534.85bn | ¥559.93bn | ¥527.39bn | ¥510.83bn | ¥473.55bn |
| Research and development | — | ¥111.87bn | ¥100.11bn | ¥88.35bn | ¥65.29bn | ¥55.34bn | ¥53.12bn | ¥53.84bn | ¥48.11bn | ¥43.01bn |
| Operating income | ¥275.21bn | ¥315.64bn | ¥328.83bn | ¥214.39bn | ¥246.21bn | ¥175.28bn | ¥201.65bn | ¥189.31bn | ¥198.83bn | ¥188.78bn |
| Net income | ¥186.69bn | ¥230.44bn | ¥238.46bn | ¥156.47bn | ¥175.64bn | ¥128.52bn | ¥149.06bn | ¥138.59bn | ¥136.44bn | ¥132.49bn |
| Diluted earnings per share | 164.22 | 197.61 | 202.79 | 131.58 | 145.40 | 106.12 | 122.01 | 112.49 | 110.38 | 106.62 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥6.20trn | ¥6.02trn | ¥5.36trn | ¥4.77trn | ¥3.77trn | ¥3.19trn | ¥3.14trn | ¥2.90trn | ¥2.83trn | ¥2.67trn |
| Cash and short-term investments | ¥276.96bn | ¥295.13bn | ¥222.12bn | ¥225.80bn | ¥258.64bn | ¥222.92bn | ¥199.66bn | ¥496.38bn | ¥481.40bn | ¥178.69bn |
| Total liabilities | ¥3.33trn | ¥3.28trn | ¥2.94trn | ¥2.66trn | ¥1.99trn | ¥1.62trn | ¥1.60trn | ¥1.47trn | ¥1.46trn | ¥1.40trn |
| Debt | ¥2.24trn | ¥2.34trn | ¥2.05trn | ¥1.66trn | ¥1.14trn | ¥916.56bn | ¥943.79bn | ¥841.22bn | ¥836.58bn | ¥817.99bn |
| Shareholders' equity | ¥2.62trn | ¥2.48trn | ¥2.18trn | ¥1.87trn | ¥1.68trn | ¥1.48trn | ¥1.44trn | ¥1.34trn | ¥1.29trn | ¥1.20trn |
| Shares outstanding | 1,137m | 1,166m | 1,176m | 1,189m | 1,208m | 1,211m | 1,222m | 1,232m | 1,236m | 1,243m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥327.90bn | ¥282.08bn | −¥17.27bn | −¥7.68bn | ¥92.51bn | ¥142.92bn | ¥82.41bn | ¥89.15bn | ¥137.19bn | ¥184.98bn |
| Capital spending | −¥153.01bn | −¥181.17bn | −¥149.88bn | −¥169.65bn | −¥125.72bn | −¥84.75bn | −¥94.86bn | −¥51.03bn | −¥58.46bn | −¥56.14bn |
| Free cash flow | ¥174.89bn | ¥100.91bn | −¥167.16bn | −¥177.33bn | −¥33.21bn | ¥58.17bn | −¥12.45bn | ¥38.11bn | ¥78.72bn | ¥128.84bn |
| Dividends paid | −¥57.18bn | −¥57.59bn | −¥54.48bn | −¥51.47bn | −¥48.33bn | −¥43.85bn | −¥43.06bn | −¥40.70bn | −¥38.42bn | −¥34.84bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥880.27bn | ¥810.01bn | ¥814.61bn | ¥749.35bn | ¥742.38bn | ¥712.56bn | ¥738.36bn | ¥698.33bn |
| Gross profit | ¥291.55bn | ¥256.21bn | ¥215.95bn | ¥220.00bn | ¥230.92bn | ¥217.44bn | ¥210.19bn | ¥226.44bn |
| Operating income | ¥135.97bn | ¥99.42bn | ¥49.75bn | ¥72.26bn | ¥91.59bn | ¥61.62bn | ¥40.26bn | ¥68.04bn |
| Net income | ¥100.40bn | ¥73.28bn | ¥44.73bn | ¥49.48bn | ¥51.13bn | ¥41.35bn | ¥32.52bn | ¥47.11bn |
| Diluted earnings per share | 88.51 | 64.61 | 39.34 | 43.53 | 44.98 | 36.37 | 27.89 | 40.40 |
| Cash from operations | ¥175.85bn | ¥14.75bn | ¥117.18bn | ¥67.93bn | ¥119.95bn | ¥22.84bn | ¥131.47bn | ¥21.23bn |
| Capital spending | −¥47.05bn | −¥27.19bn | −¥38.59bn | −¥39.10bn | −¥29.92bn | −¥45.41bn | −¥45.03bn | −¥46.47bn |
| Free cash flow | ¥128.79bn | −¥12.44bn | ¥78.59bn | ¥28.83bn | ¥90.03bn | −¥22.56bn | ¥86.44bn | −¥25.23bn |
| Total assets | ¥6.35trn | ¥6.27trn | ¥6.20trn | ¥5.83trn | ¥5.67trn | ¥5.77trn | ¥6.02trn | ¥5.59trn |
| Cash and short-term investments | ¥303.28bn | ¥238.40bn | ¥276.96bn | ¥222.13bn | ¥200.86bn | ¥210.17bn | ¥295.13bn | ¥246.07bn |
| Debt | ¥2.26trn | ¥873.16bn | ¥2.24trn | ¥778.99bn | ¥2.08trn | ¥837.21bn | ¥926.62bn | ¥838.74bn |
| Shareholders' equity | ¥2.79trn | ¥2.69trn | ¥2.62trn | ¥2.47trn | ¥2.40trn | ¥2.40trn | ¥2.48trn | ¥2.30trn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 4.1% | 10.3% | 6.0% |
| Operating income | 8.7% | 9.4% | 2.1% |
| Net income | 6.1% | 7.8% | 2.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 30.0% | 28.8% | 28.8% | 29.1% |
| Operating margin | 9.8% | 9.7% | 9.9% | 10.4% |
| Net margin | 6.9% | 6.9% | 7.1% | 7.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 13.5 | 9.3 | 10.5 | 13.8 | 17.6 | 21.2 | 14.2 | 13.9 | 20.0 | 15.7 |
| Price to sales | 0.8 | 0.7 | 0.8 | 0.8 | 1.4 | 1.5 | 1.1 | 1.0 | 1.6 | 1.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 36 years. Last went ex-dividend on 29 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 26.00 | 75.00 | 49.00 | 46.00 | 43.00 | 40.00 | 36.00 | 35.00 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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