4,479
+3.75%
Close of 9 Nov 2026, in JPY
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At a glance
Figures in JPY, from our data supplier.
Revenue
¥3.58trn
FY2017FY2026
Net income
¥270.23bn
FY2017FY2026
Free cash flow
¥368.14bn
FY2017FY2026
Shareholders' equity
¥2.20trn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥3.58trn | ¥3.42trn | ¥3.48trn | ¥3.31trn | ¥3.01trn | ¥2.99trn | ¥3.10trn | ¥2.91trn | ¥2.84trn | ¥2.67trn |
| Gross profit | ¥1.18trn | ¥1.06trn | ¥1.01trn | ¥958.25bn | ¥886.41bn | ¥861.18bn | ¥887.56bn | ¥829.93bn | ¥797.59bn | ¥755.62bn |
| Research and development | — | ¥99.19bn | ¥115.79bn | ¥121.36bn | ¥126.27bn | ¥114.63bn | ¥109.79bn | ¥108.14bn | ¥108.09bn | ¥109.32bn |
| Operating income | ¥375.74bn | ¥283.13bn | ¥192.19bn | ¥172.83bn | ¥124.08bn | ¥163.45bn | ¥136.09bn | ¥88.04bn | ¥68.75bn | ¥52.04bn |
| Net income | ¥270.23bn | ¥175.18bn | ¥149.52bn | ¥114.50bn | ¥141.28bn | ¥149.61bn | ¥99.97bn | ¥39.67bn | ¥45.87bn | ¥27.31bn |
| Diluted earnings per share | 203.74 | 131.41 | 112.20 | 85.94 | 105.40 | 109.82 | 73.37 | 30.57 | 35.32 | 21.02 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥4.47trn | ¥4.32trn | ¥4.23trn | ¥4.04trn | ¥3.82trn | ¥3.73trn | ¥3.18trn | ¥3.03trn | ¥2.89trn | ¥2.74trn |
| Cash and short-term investments | ¥659.03bn | ¥584.62bn | ¥476.49bn | ¥419.46bn | ¥430.78bn | ¥523.35bn | ¥359.25bn | ¥278.31bn | ¥346.02bn | ¥239.97bn |
| Total liabilities | ¥2.18trn | ¥2.24trn | ¥2.14trn | ¥2.13trn | ¥2.04trn | ¥2.16trn | ¥2.06trn | ¥1.97trn | ¥1.83trn | ¥1.72trn |
| Debt | — | ¥666.36bn | ¥548.64bn | ¥608.48bn | ¥597.38bn | ¥702.86bn | ¥675.42bn | ¥546.81bn | ¥516.07bn | ¥466.95bn |
| Shareholders' equity | ¥2.20trn | ¥1.95trn | ¥1.92trn | ¥1.62trn | ¥1.51trn | ¥1.31trn | ¥910.67bn | ¥858.94bn | ¥880.83bn | ¥854.26bn |
| Shares outstanding | 1,326m | 1,333m | 1,333m | 1,332m | 1,340m | 1,362m | 1,362m | 1,298m | 1,299m | 1,299m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥438.46bn | ¥344.41bn | ¥271.23bn | ¥152.13bn | ¥147.52bn | ¥274.91bn | ¥261.86bn | ¥64.23bn | ¥129.98bn | ¥92.53bn |
| Capital spending | −¥70.33bn | −¥126.41bn | −¥99.77bn | −¥77.71bn | −¥71.11bn | −¥70.94bn | −¥89.20bn | −¥60.69bn | −¥53.39bn | −¥45.09bn |
| Free cash flow | ¥368.14bn | ¥218.00bn | ¥171.46bn | ¥74.41bn | ¥76.41bn | ¥203.97bn | ¥172.67bn | ¥3.54bn | ¥76.59bn | ¥47.44bn |
| Dividends paid | −¥40.04bn | −¥34.68bn | −¥30.66bn | −¥28.52bn | −¥27.26bn | −¥21.30bn | −¥18.18bn | −¥15.59bn | −¥15.59bn | −¥15.59bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥819.77bn | ¥1.16trn | ¥852.54bn | ¥854.12bn | ¥715.66bn | ¥1.10trn | ¥835.13bn | ¥796.38bn |
| Gross profit | ¥268.36bn | ¥419.41bn | ¥272.64bn | ¥273.06bn | ¥216.19bn | ¥358.67bn | ¥278.46bn | ¥233.25bn |
| Operating income | ¥67.48bn | ¥188.77bn | ¥75.16bn | ¥81.22bn | ¥32.51bn | ¥147.86bn | ¥89.32bn | ¥39.87bn |
| Net income | ¥49.70bn | ¥127.95bn | ¥69.45bn | ¥53.52bn | ¥19.31bn | ¥103.63bn | ¥58.09bn | ¥19.30bn |
| Diluted earnings per share | 37.47 | 96.47 | 52.09 | 40.15 | 14.48 | 77.73 | 43.59 | 14.48 |
| Cash from operations | ¥160.18bn | ¥272.25bn | −¥11.19bn | −¥75.67bn | ¥253.06bn | ¥292.61bn | −¥6.91bn | −¥45.04bn |
| Capital spending | −¥13.46bn | −¥15.37bn | −¥46.46bn | −¥9.40bn | −¥4.36bn | −¥76.59bn | −¥7.48bn | −¥24.11bn |
| Free cash flow | ¥146.72bn | ¥256.89bn | −¥57.65bn | −¥85.07bn | ¥248.71bn | ¥216.02bn | −¥14.39bn | −¥69.14bn |
| Total assets | ¥4.51trn | ¥4.47trn | ¥4.11trn | ¥3.99trn | ¥3.87trn | ¥4.32trn | ¥4.22trn | ¥4.07trn |
| Cash and short-term investments | ¥434.70bn | ¥659.03bn | ¥441.34bn | ¥454.12bn | ¥526.69bn | ¥584.62bn | ¥480.90bn | ¥483.98bn |
| Debt | ¥149.10bn | ¥378.49bn | ¥118.34bn | ¥122.24bn | ¥134.76bn | ¥542.25bn | ¥264.23bn | ¥490.20bn |
| Shareholders' equity | ¥2.23trn | ¥2.20trn | ¥2.07trn | ¥1.97trn | ¥1.89trn | ¥1.95trn | ¥1.99trn | ¥1.90trn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 2.6% | 3.7% | 2.4% |
| Operating income | 29.5% | 18.1% | 12.7% |
| Net income | 33.1% | 12.6% | 13.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 32.0% | 30.5% | 30.1% | 29.5% |
| Operating margin | 9.4% | 7.4% | 6.6% | 5.2% |
| Net margin | 6.4% | 5.1% | 5.1% | 3.8% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 22.7 | 40.4 | 24.5 | 19.4 | 8.8 | 9.7 | 15.1 | 29.6 | 18.5 | 28.9 |
| Price to sales | 1.7 | 2.1 | 1.1 | 0.7 | 0.4 | 0.5 | 0.5 | 0.4 | 0.3 | 0.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 13 years. Last went ex-dividend on 29 Sept 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 20.00 | 52.00 | 26.00 | 23.00 | 21.00 | 18.00 | 16.00 | 14.00 |
- 5-for-1 split · 28 Mar 2025
- 10-to-1 reverse split · 27 Sept 2017
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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