T 
2,857
-1.82%
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
¥6.36bn
FY2017FY2026
Net income
¥438.4m
FY2017FY2026
Free cash flow
−¥1.85bn
FY2017FY2026
Shareholders' equity
¥7.24bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥6.36bn | ¥7.86bn | ¥8.84bn | ¥6.44bn | ¥4.94bn | ¥3.54bn | ¥6.72bn | ¥7.70bn | ¥7.22bn | ¥6.34bn |
| Gross profit | ¥1.58bn | ¥2.25bn | ¥2.66bn | ¥1.77bn | ¥1.19bn | ¥906.0m | ¥1.79bn | ¥2.05bn | ¥2.05bn | ¥1.75bn |
| Research and development | — | ¥367.3m | ¥174.8m | ¥182.5m | ¥299.3m | ¥269.3m | ¥190.4m | ¥181.6m | ¥218.2m | ¥170.1m |
| Operating income | ¥568.6m | ¥910.5m | ¥1.43bn | ¥745.6m | ¥189.1m | ¥108.1m | ¥664.8m | ¥1.01bn | ¥825.8m | ¥702.9m |
| Net income | ¥438.4m | ¥576.7m | ¥1.07bn | ¥683.3m | ¥223.4m | ¥3.8m | ¥223.3m | ¥775.3m | ¥545.0m | ¥503.8m |
| Diluted earnings per share | 337.00 | 443.24 | 767.94 | 487.20 | 160.01 | 2.72 | 162.22 | 570.48 | 406.15 | 375.46 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥9.56bn | ¥10.56bn | ¥12.19bn | ¥10.08bn | ¥8.66bn | ¥8.19bn | ¥8.49bn | ¥9.34bn | ¥7.83bn | ¥7.43bn |
| Cash and short-term investments | ¥2.91bn | ¥5.02bn | ¥5.99bn | ¥5.11bn | ¥4.25bn | ¥4.81bn | ¥4.00bn | ¥2.93bn | ¥3.69bn | ¥2.33bn |
| Total liabilities | ¥2.31bn | ¥3.66bn | ¥5.34bn | ¥4.24bn | ¥3.41bn | ¥3.13bn | ¥3.36bn | ¥4.29bn | ¥3.47bn | ¥3.56bn |
| Debt | ¥779.9m | ¥795.0m | ¥821.4m | ¥1.15bn | ¥1.18bn | ¥1.20bn | ¥719.5m | ¥699.7m | ¥747.6m | ¥800.7m |
| Shareholders' equity | ¥7.24bn | ¥6.90bn | ¥6.85bn | ¥5.84bn | ¥5.25bn | ¥5.06bn | ¥5.13bn | ¥5.05bn | ¥4.35bn | ¥3.87bn |
| Shares outstanding | 1m | 1m | 1m | 1m | 1m | 1m | 1m | 1m | 1m | 1m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −¥881.5m | ¥60.9m | ¥1.69bn | ¥1.44bn | −¥463.3m | ¥336.1m | ¥1.30bn | −¥581.2m | ¥1.57bn | −¥11.3m |
| Capital spending | −¥963.8m | −¥310.9m | −¥131.8m | −¥22.8m | −¥15.3m | −¥10.6m | −¥47.3m | −¥76.6m | −¥43.5m | −¥65.3m |
| Free cash flow | −¥1.85bn | −¥250.0m | ¥1.56bn | ¥1.42bn | −¥478.5m | ¥325.6m | ¥1.25bn | −¥657.8m | ¥1.52bn | −¥76.6m |
| Dividends paid | −¥153.2m | −¥175.9m | −¥151.6m | −¥83.2m | −¥55.3m | −¥108.4m | −¥146.7m | −¥66.8m | −¥66.3m | −¥53.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥2.09bn | ¥1.10bn | ¥1.56bn | ¥1.74bn | ¥1.96bn | ¥1.41bn | ¥1.89bn | ¥2.13bn |
| Gross profit | ¥571.1m | ¥162.9m | ¥425.0m | ¥507.4m | ¥485.6m | ¥165.4m | ¥390.6m | ¥731.3m |
| Operating income | ¥342.9m | −¥87.7m | ¥169.8m | ¥259.8m | ¥230.0m | −¥196.8m | ¥17.4m | ¥385.0m |
| Net income | ¥230.6m | −¥8.3m | ¥118.5m | ¥188.3m | ¥140.0m | −¥214.9m | ¥26.8m | ¥291.0m |
| Diluted earnings per share | 177.25 | -6.42 | 91.10 | 144.68 | 107.58 | -165.17 | 19.35 | 209.69 |
| Total assets | ¥9.94bn | ¥9.56bn | ¥9.67bn | ¥9.82bn | ¥9.92bn | ¥10.56bn | ¥11.55bn | ¥11.85bn |
| Cash and short-term investments | ¥3.82bn | ¥2.91bn | ¥2.42bn | ¥3.09bn | ¥3.70bn | ¥5.02bn | ¥5.22bn | ¥5.45bn |
| Debt | ¥700.0m | ¥720.8m | ¥700.0m | ¥707.6m | ¥730.7m | ¥765.8m | ¥784.6m | ¥800.0m |
| Shareholders' equity | ¥7.40bn | ¥7.24bn | ¥7.23bn | ¥7.12bn | ¥6.91bn | ¥6.90bn | ¥7.38bn | ¥7.53bn |
Financial ratios
Data as of 19 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 24.9% | 28.7% | 30.1% | 27.5% | 24.1% | 25.6% | — |
| Operating margin | 8.9% | 11.6% | 16.2% | 11.5% | 3.8% | -2.3% | — |
| Net margin | 6.9% | 7.3% | 12.1% | 10.6% | 4.5% | 0.1% | — |
| Return on equity | 6.1% | 8.4% | 15.5% | 11.7% | 4.3% | 0.1% | — |
| Return on assets | 4.6% | 5.5% | 8.7% | 6.8% | 2.6% | 0.0% | — |
| Free cash flow yield | 2.2% | 10.1% | 46.4% | 36.7% | -11.3% | 8.8% | — |
| Revenue growth | -19.0% | -11.2% | 37.4% | 30.4% | 39.6% | -47.4% | — |
| Earnings growth | -24.0% | -45.9% | 56.0% | 205.8% | 5796.4% | -98.3% | — |
| Current ratio | 3.01x | 2.49x | 2.01x | 2.15x | 2.53x | 2.76x | — |
| Debt to equity | 0.10x | 0.11x | 0.12x | 0.19x | 0.22x | 0.23x | — |
| Equity ratio | 75.8% | 65.3% | 56.2% | 58.0% | 60.7% | 61.8% | — |
| Interest coverage | 64.57x | 178.91x | 516.80x | 244.83x | 55.73x | -22.34x | — |
| R&D as a share of sales | — | 4.7% | 2.0% | 2.8% | 6.1% | 7.6% | 2.8% |
| Buybacks as a share of market value | 0.0% | 6.2% | 1.1% | -0.4% | -0.3% | -1.1% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -0.4% | 12.4% | -0.2% |
| Operating income | -8.6% | 39.4% | 3.6% |
| Net income | -13.7% | 158.6% | 7.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 27.0% | 28.0% | 27.3% | 26.9% |
| Operating margin | 10.4% | 12.4% | 10.4% | 10.4% |
| Net margin | 7.1% | 9.4% | 7.9% | 7.3% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 8.5 | 6.4 | 3.7 | 6.2 | 10.5 | — | 10.1 | 4.0 | 5.7 | 6.7 |
| Price to sales | 0.6 | 0.5 | 0.4 | 0.7 | 0.5 | 0.7 | 0.3 | 0.4 | 0.4 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 14 years. Last went ex-dividend on 30 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 120.00 | 125.00 | 110.00 | 60.00 | 40.00 | 80.00 | 110.00 | 50.00 |
- 10-to-1 reverse split · 27 Sept 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.