D 
994
-6.84%
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
¥25.70bn
FY2017FY2026
Net income
¥1.79bn
FY2017FY2026
Free cash flow
¥424.5m
FY2017FY2026
Shareholders' equity
¥27.82bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥25.70bn | ¥21.91bn | ¥20.77bn | ¥19.50bn | ¥22.17bn | ¥22.94bn | ¥24.94bn | ¥24.81bn | ¥21.28bn | ¥21.61bn |
| Gross profit | ¥7.40bn | ¥6.04bn | ¥5.49bn | ¥4.95bn | ¥5.58bn | ¥6.24bn | ¥6.89bn | ¥6.94bn | ¥5.58bn | ¥5.35bn |
| Research and development | — | ¥948.1m | ¥1.00bn | ¥847.1m | ¥840.2m | ¥853.5m | ¥867.1m | ¥802.4m | ¥819.0m | ¥810.8m |
| Operating income | ¥2.19bn | ¥1.15bn | ¥1.30bn | ¥925.4m | ¥1.38bn | ¥1.85bn | ¥1.98bn | ¥2.22bn | ¥1.29bn | ¥1.20bn |
| Net income | ¥1.79bn | ¥1.54bn | ¥570.8m | ¥588.3m | ¥716.4m | ¥1.08bn | ¥1.57bn | ¥1.79bn | −¥654.7m | ¥1.13bn |
| Diluted earnings per share | 112.79 | 97.22 | 36.10 | 33.07 | 40.27 | 60.93 | 88.01 | 100.44 | -36.80 | 63.27 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥50.99bn | ¥46.49bn | ¥45.73bn | ¥44.48bn | ¥42.44bn | ¥44.64bn | ¥44.25bn | ¥43.57bn | ¥40.27bn | ¥39.77bn |
| Cash and short-term investments | ¥3.97bn | ¥3.65bn | ¥4.10bn | ¥4.54bn | ¥7.00bn | ¥6.09bn | ¥5.52bn | ¥5.20bn | ¥4.37bn | ¥4.51bn |
| Total liabilities | ¥18.02bn | ¥17.57bn | ¥16.98bn | ¥17.21bn | ¥15.48bn | ¥17.78bn | ¥18.65bn | ¥19.00bn | ¥17.76bn | ¥16.76bn |
| Debt | ¥5.85bn | ¥6.35bn | ¥4.60bn | ¥5.82bn | ¥5.10bn | ¥5.26bn | ¥5.39bn | ¥4.11bn | ¥4.38bn | ¥4.69bn |
| Shareholders' equity | ¥27.82bn | ¥24.29bn | ¥24.24bn | ¥22.89bn | ¥22.59bn | ¥22.39bn | ¥21.35bn | ¥20.43bn | ¥18.51bn | ¥19.09bn |
| Shares outstanding | 16m | 16m | 16m | 18m | 18m | 18m | 18m | 18m | 18m | 18m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥918.2m | −¥500.1m | ¥1.71bn | −¥2.58bn | ¥1.58bn | ¥1.42bn | −¥222.2m | ¥1.92bn | ¥851.0m | ¥1.98bn |
| Capital spending | −¥493.8m | −¥1.25bn | −¥922.7m | −¥368.3m | −¥304.4m | −¥537.2m | −¥605.6m | −¥611.9m | −¥504.0m | −¥700.5m |
| Free cash flow | ¥424.5m | −¥1.75bn | ¥784.8m | −¥2.95bn | ¥1.27bn | ¥885.3m | −¥827.8m | ¥1.30bn | ¥347.0m | ¥1.28bn |
| Dividends paid | −¥240.0m | −¥177.9m | −¥177.9m | −¥178.1m | −¥177.8m | −¥177.7m | −¥178.1m | −¥177.8m | −¥177.6m | −¥177.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥5.68bn | ¥9.16bn | ¥5.22bn | ¥6.24bn | ¥5.08bn | ¥7.11bn | ¥5.23bn | ¥5.13bn |
| Gross profit | ¥1.83bn | ¥2.41bn | ¥1.65bn | ¥1.93bn | ¥1.40bn | ¥1.68bn | ¥1.76bn | ¥1.45bn |
| Operating income | ¥530.8m | ¥841.0m | ¥409.1m | ¥696.8m | ¥241.1m | ¥208.0m | ¥579.8m | ¥308.2m |
| Net income | ¥384.0m | ¥728.8m | ¥356.8m | ¥427.4m | ¥278.5m | ¥231.0m | ¥539.9m | ¥125.9m |
| Diluted earnings per share | 24.18 | 45.88 | 22.49 | 26.94 | 17.55 | 14.56 | 34.15 | 7.96 |
| Cash from operations | — | — | — | −¥110.0m | — | — | — | — |
| Capital spending | — | — | — | −¥287.0m | — | — | — | — |
| Free cash flow | — | — | — | −¥397.0m | — | — | — | — |
| Total assets | ¥48.18bn | ¥50.99bn | ¥49.35bn | ¥47.14bn | ¥45.53bn | ¥46.49bn | ¥44.38bn | ¥41.08bn |
| Cash and short-term investments | ¥4.24bn | ¥3.97bn | ¥3.74bn | ¥2.97bn | ¥4.30bn | ¥3.65bn | ¥3.32bn | ¥1.98bn |
| Debt | ¥4.19bn | ¥5.80bn | ¥6.49bn | ¥6.22bn | ¥4.99bn | ¥6.33bn | ¥5.41bn | ¥4.18bn |
| Shareholders' equity | ¥27.40bn | ¥27.82bn | ¥26.48bn | ¥25.76bn | ¥24.87bn | ¥24.29bn | ¥23.81bn | ¥23.16bn |
Financial ratios
Data as of 1 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 28.8% | 27.5% | 26.5% | 25.4% | 25.2% | 27.2% | — |
| Operating margin | 8.5% | 5.3% | 6.2% | 4.7% | 6.2% | 8.1% | — |
| Net margin | 7.0% | 7.0% | 2.7% | 3.0% | 3.2% | 4.7% | — |
| Return on equity | 6.4% | 6.4% | 2.4% | 2.6% | 3.2% | 4.8% | — |
| Return on assets | 3.5% | 3.3% | 1.2% | 1.3% | 1.7% | 2.4% | — |
| Free cash flow yield | 8.7% | 4.6% | 16.2% | -12.1% | 10.3% | 10.7% | — |
| Revenue growth | 17.3% | 5.5% | 6.5% | -12.1% | -3.4% | -8.0% | — |
| Earnings growth | 16.1% | 170.2% | -3.0% | -17.9% | -33.9% | -30.8% | — |
| Current ratio | 2.41x | 2.35x | 2.45x | 2.56x | 2.68x | 2.29x | — |
| Debt to equity | 0.21x | 0.26x | 0.19x | 0.25x | 0.22x | 0.23x | — |
| Equity ratio | 54.6% | 52.3% | 53.0% | 51.5% | 53.2% | 50.2% | — |
| Interest coverage | 26.48x | 18.23x | 21.13x | 15.11x | 22.24x | 29.17x | — |
| R&D as a share of sales | — | 4.3% | 4.8% | 4.3% | 3.8% | 3.7% | 3.5% |
| Buybacks as a share of market value | -0.1% | -0.4% | 11.1% | 0.0% | 0.0% | 0.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 9.6% | 2.3% | 1.2% |
| Operating income | 33.2% | 3.4% | 1.9% |
| Net income | 44.9% | 10.6% | 1.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 28.2% | 27.2% | 26.8% | 26.8% |
| Operating margin | 7.0% | 6.3% | 6.6% | 7.0% |
| Net margin | 7.0% | 5.1% | 4.7% | 4.7% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 9.9 | 8.3 | 12.5 | 12.4 | 10.6 | 10.3 | 6.8 | 6.1 | -14.7 | 8.7 |
| Price to sales | 0.7 | 0.6 | 0.3 | 0.4 | 0.3 | 0.5 | 0.4 | 0.4 | 0.5 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 36 years. Last went ex-dividend on 30 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 40.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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