N 
360
+1.12%
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
¥10.99bn
FY2017FY2026
Net income
−¥754.1m
FY2017FY2026
Free cash flow
−¥236.9m
FY2017FY2026
Shareholders' equity
¥10.57bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥10.99bn | ¥11.60bn | ¥11.32bn | ¥10.85bn | ¥12.30bn | ¥10.82bn | ¥14.77bn | ¥17.42bn | ¥15.25bn | ¥14.15bn |
| Gross profit | ¥1.80bn | ¥2.32bn | ¥2.18bn | ¥1.99bn | ¥2.34bn | ¥1.61bn | ¥2.95bn | ¥3.75bn | ¥2.95bn | ¥2.60bn |
| Research and development | — | ¥88.7m | ¥97.4m | ¥111.7m | ¥129.5m | ¥161.5m | ¥221.0m | ¥197.0m | ¥140.5m | ¥111.5m |
| Operating income | −¥408.5m | ¥153.7m | −¥42.8m | −¥331.8m | ¥217.2m | −¥339.5m | ¥712.9m | ¥1.39bn | ¥755.3m | ¥642.0m |
| Net income | −¥754.1m | ¥56.5m | ¥45.0m | −¥484.7m | −¥619.4m | −¥170.7m | ¥477.6m | ¥968.4m | ¥522.4m | ¥424.7m |
| Diluted earnings per share | -83.50 | 6.25 | 4.97 | -53.55 | -68.43 | -18.86 | 52.76 | 106.99 | 57.71 | 46.92 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥13.98bn | ¥15.17bn | ¥15.19bn | ¥15.37bn | ¥15.33bn | ¥15.73bn | ¥16.38bn | ¥17.19bn | ¥16.16bn | ¥15.96bn |
| Cash and short-term investments | ¥2.25bn | ¥3.00bn | ¥3.27bn | ¥4.11bn | ¥4.06bn | ¥3.43bn | ¥3.66bn | ¥2.80bn | ¥2.77bn | ¥2.59bn |
| Total liabilities | ¥3.22bn | ¥4.00bn | ¥4.29bn | ¥4.07bn | ¥3.89bn | ¥3.56bn | ¥3.78bn | ¥5.15bn | ¥4.93bn | ¥5.38bn |
| Debt | ¥1.48bn | ¥1.99bn | ¥2.00bn | ¥2.22bn | ¥2.06bn | ¥1.42bn | ¥1.58bn | ¥2.08bn | ¥2.28bn | ¥2.88bn |
| Shareholders' equity | ¥10.57bn | ¥10.96bn | ¥10.44bn | ¥10.15bn | ¥10.36bn | ¥11.02bn | ¥11.35bn | ¥10.91bn | ¥10.17bn | ¥9.64bn |
| Shares outstanding | 9m | 9m | 9m | 9m | 9m | 9m | 9m | 9m | 9m | 9m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥611.0m | ¥762.3m | ¥740.6m | ¥208.4m | ¥699.4m | ¥781.2m | ¥2.26bn | ¥1.30bn | ¥1.48bn | ¥1.80bn |
| Capital spending | −¥847.9m | −¥844.8m | −¥662.4m | −¥424.8m | −¥453.6m | −¥491.8m | −¥582.6m | −¥637.7m | −¥489.5m | −¥559.7m |
| Free cash flow | −¥236.9m | −¥82.6m | ¥78.1m | −¥216.4m | ¥245.9m | ¥289.4m | ¥1.68bn | ¥666.8m | ¥994.5m | ¥1.24bn |
| Dividends paid | −¥54.3m | −¥36.3m | −¥54.4m | −¥64.0m | −¥82.7m | −¥91.5m | −¥226.1m | −¥179.7m | −¥163.8m | −¥180.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥2.82bn | ¥2.84bn | ¥2.55bn | ¥2.69bn | ¥2.91bn | ¥2.99bn | ¥2.77bn | ¥3.08bn |
| Gross profit | ¥583.3m | ¥429.7m | ¥466.0m | ¥375.9m | ¥531.0m | ¥619.8m | ¥548.9m | ¥522.1m |
| Operating income | ¥21.9m | −¥99.0m | −¥71.3m | −¥201.7m | −¥36.5m | ¥70.2m | ¥12.8m | −¥21.8m |
| Net income | ¥13.2m | −¥331.0m | −¥91.8m | −¥249.5m | −¥81.9m | ¥41.5m | −¥8.2m | −¥28.1m |
| Diluted earnings per share | 1.46 | -36.65 | -10.16 | -27.62 | -9.07 | 4.59 | -0.91 | -3.11 |
| Total assets | ¥13.24bn | ¥13.98bn | ¥14.03bn | ¥13.86bn | ¥14.84bn | ¥15.17bn | ¥15.48bn | ¥15.56bn |
| Cash and short-term investments | ¥1.92bn | ¥2.25bn | ¥1.83bn | ¥2.04bn | ¥2.89bn | ¥3.00bn | ¥3.48bn | ¥3.61bn |
| Debt | ¥554.5m | ¥1.46bn | ¥1.16bn | ¥1.04bn | ¥1.75bn | ¥1.95bn | ¥1.92bn | ¥1.93bn |
| Shareholders' equity | ¥10.50bn | ¥10.57bn | ¥10.43bn | ¥10.37bn | ¥10.60bn | ¥10.96bn | ¥10.64bn | ¥10.65bn |
Financial ratios
Data as of 23 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 16.4% | 20.0% | 19.3% | 18.3% | 19.0% | 14.9% | — |
| Operating margin | -3.7% | 1.3% | -0.4% | -1.9% | 1.8% | -3.1% | — |
| Net margin | -6.9% | 0.5% | 0.4% | -4.5% | -5.0% | -1.6% | — |
| Return on equity | -7.1% | 0.5% | 0.4% | -4.8% | -6.0% | -1.5% | — |
| Return on assets | -5.4% | 0.4% | 0.3% | -3.2% | -4.0% | -1.1% | — |
| Free cash flow yield | 46.7% | 51.4% | 44.8% | 20.2% | 36.8% | 40.6% | — |
| Revenue growth | -5.3% | 2.5% | 4.4% | -11.8% | 13.7% | -26.7% | — |
| Earnings growth | -1435.3% | 25.5% | -109.3% | -21.7% | 262.9% | -135.7% | — |
| Current ratio | 2.37x | 2.39x | 2.37x | 2.81x | 2.82x | 2.97x | — |
| Debt to equity | 0.14x | 0.18x | 0.19x | 0.22x | 0.19x | 0.13x | — |
| Equity ratio | 75.6% | 72.2% | 68.7% | 66.0% | 67.6% | 70.0% | — |
| Interest coverage | -27.48x | 13.60x | -6.15x | -28.87x | 22.81x | -48.32x | — |
| R&D as a share of sales | — | 0.8% | 0.9% | 1.0% | 1.1% | 1.5% | 1.5% |
| Buybacks as a share of market value | 0.0% | 0.2% | 0.0% | 0.0% | 0.0% | 0.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 0.4% | 0.3% | -2.6% |
| Operating income | 7.2% | 3.8% | — |
| Net income | 15.9% | 34.6% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 18.3% | 18.5% | 18.0% | 19.1% |
| Operating margin | -1.1% | -1.4% | -1.1% | 2.5% |
| Net margin | -3.1% | -2.5% | -2.8% | 0.7% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -4.2 | 53.9 | 79.7 | -6.4 | -4.9 | -22.7 | 8.8 | 6.7 | 11.6 | 13.4 |
| Price to sales | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.3 | 0.4 | 0.4 | 0.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 16 years. Last went ex-dividend on 30 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 10.00 | 4.00 | 6.00 | 7.00 | 9.00 | 10.00 | 20.00 | 18.00 |
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.