T 
1,996
+4.28%
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
¥182.94bn
FY2017FY2026
Net income
−¥14.94bn
FY2017FY2026
Free cash flow
¥8.74bn
FY2017FY2026
Shareholders' equity
¥43.51bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥182.94bn | ¥278.09bn | ¥260.82bn | ¥192.91bn | ¥202.99bn | ¥184.00bn | ¥219.09bn | ¥294.99bn | ¥335.70bn | ¥431.92bn |
| Gross profit | ¥6.45bn | ¥25.21bn | ¥27.49bn | ¥23.45bn | ¥20.04bn | ¥17.75bn | ¥18.01bn | ¥10.33bn | −¥12.85bn | ¥15.60bn |
| Research and development | — | ¥3.09bn | ¥2.79bn | ¥2.68bn | ¥2.66bn | ¥2.35bn | ¥1.93bn | ¥798.0m | ¥689.0m | ¥493.0m |
| Operating income | −¥19.00bn | ¥2.21bn | ¥6.71bn | ¥4.76bn | ¥2.96bn | ¥1.61bn | ¥1.89bn | −¥5.61bn | −¥32.95bn | −¥2.01bn |
| Net income | −¥14.94bn | ¥2.02bn | ¥9.82bn | ¥1.65bn | ¥1.62bn | ¥814.0m | ¥1.66bn | −¥818.0m | −¥26.85bn | ¥1.47bn |
| Diluted earnings per share | -261.99 | 34.49 | 167.74 | 28.11 | 27.64 | 13.89 | 28.39 | -13.96 | -458.09 | 38.40 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥261.14bn | ¥286.60bn | ¥286.00bn | ¥256.31bn | ¥240.85bn | ¥218.25bn | ¥208.72bn | ¥239.69bn | ¥251.86bn | ¥317.09bn |
| Cash and short-term investments | ¥105.25bn | ¥90.32bn | ¥119.86bn | ¥108.52bn | ¥92.15bn | ¥97.61bn | ¥81.99bn | ¥101.76bn | ¥112.12bn | ¥127.22bn |
| Total liabilities | ¥217.43bn | ¥226.35bn | ¥221.84bn | ¥207.20bn | ¥196.29bn | ¥178.18bn | ¥172.74bn | ¥203.33bn | ¥226.68bn | ¥265.75bn |
| Debt | ¥60.82bn | ¥51.91bn | ¥36.28bn | ¥36.59bn | ¥36.68bn | ¥28.17bn | ¥27.63bn | ¥32.71bn | ¥30.82bn | ¥31.84bn |
| Shareholders' equity | ¥43.51bn | ¥60.01bn | ¥63.94bn | ¥48.92bn | ¥44.39bn | ¥39.94bn | ¥35.86bn | ¥36.24bn | ¥25.11bn | ¥51.27bn |
| Shares outstanding | 57m | 59m | 59m | 59m | 59m | 59m | 59m | 59m | 59m | 38m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥9.30bn | −¥23.09bn | ¥6.00bn | ¥15.59bn | −¥6.79bn | ¥17.75bn | −¥18.70bn | −¥25.83bn | −¥22.82bn | ¥18.98bn |
| Capital spending | −¥567.0m | −¥4.09bn | −¥1.37bn | −¥955.0m | −¥766.0m | −¥388.0m | −¥464.0m | −¥561.0m | −¥504.0m | −¥555.0m |
| Free cash flow | ¥8.74bn | −¥27.18bn | ¥4.63bn | ¥14.64bn | −¥7.56bn | ¥17.36bn | −¥19.16bn | −¥26.39bn | −¥23.33bn | ¥18.43bn |
| Dividends paid | −¥1.46bn | −¥703.0m | — | — | — | — | — | — | −¥383.0m | −¥766.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥48.11bn | ¥51.04bn | ¥37.88bn | ¥44.67bn | ¥49.35bn | ¥72.50bn | ¥83.72bn | ¥59.02bn |
| Gross profit | ¥8.33bn | ¥8.79bn | −¥10.37bn | ¥1.00bn | ¥7.02bn | ¥6.89bn | ¥6.30bn | ¥6.24bn |
| Operating income | ¥1.92bn | ¥1.99bn | −¥16.77bn | −¥4.90bn | ¥670.0m | ¥556.0m | ¥18.0m | ¥1.04bn |
| Net income | ¥2.88bn | ¥2.55bn | −¥14.49bn | −¥3.56bn | ¥560.0m | −¥280.0m | ¥533.0m | ¥697.0m |
| Diluted earnings per share | 50.44 | 44.71 | -247.26 | -60.82 | 9.56 | -4.78 | 9.10 | 11.90 |
| Total assets | ¥246.47bn | ¥261.14bn | ¥250.30bn | ¥253.54bn | ¥252.57bn | ¥286.60bn | ¥290.73bn | ¥276.92bn |
| Cash and short-term investments | ¥87.60bn | ¥105.25bn | ¥97.67bn | ¥91.43bn | ¥79.55bn | ¥90.32bn | ¥86.47bn | ¥93.91bn |
| Debt | ¥29.20bn | ¥60.20bn | ¥34.67bn | ¥54.08bn | ¥16.14bn | ¥51.50bn | ¥20.36bn | ¥46.62bn |
| Shareholders' equity | ¥46.59bn | ¥43.51bn | ¥39.38bn | ¥53.85bn | ¥57.35bn | ¥60.01bn | ¥63.00bn | ¥62.63bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -1.8% | -0.1% | -4.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 6.9% | 9.0% | 9.2% | 6.3% |
| Operating margin | -3.6% | -0.6% | -0.1% | -1.0% |
| Net margin | -2.8% | -0.2% | 0.1% | -0.7% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -7.7 | 89.3 | 4.3 | 28.0 | 20.3 | 51.0 | 14.3 | -51.1 | -1.4 | 33.9 |
| Price to sales | 0.6 | 0.7 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 30 Mar 2026.
| FY2026 | FY2025 | FY2018 | FY2017 | FY2015 | FY2014 | FY2013 | FY2012 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 50.00 | 12.00 | 10.00 | 20.00 | 35.00 | 25.00 | 25.00 | 25.00 |
- 5-to-1 reverse split · 27 Sept 2017
- 1.1-for-1 split · 26 Mar 1993
- 11-for-10 split · 26 Mar 1991
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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