A 
565
-3.42%
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
¥2.50bn
FY2017FY2026
Net income
¥296.5m
FY2017FY2026
Free cash flow
¥327.0m
FY2017FY2026
Shareholders' equity
¥6.68bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥2.50bn | ¥2.68bn | ¥2.82bn | ¥4.11bn | ¥4.54bn | ¥4.05bn | ¥3.23bn | ¥2.63bn | ¥2.34bn | ¥1.99bn |
| Gross profit | ¥1.47bn | ¥1.66bn | ¥1.66bn | ¥2.75bn | ¥3.54bn | ¥2.66bn | ¥1.93bn | ¥1.84bn | ¥1.34bn | ¥1.35bn |
| Research and development | — | ¥836.9m | ¥838.7m | ¥1.35bn | ¥1.24bn | ¥1.14bn | ¥934.6m | ¥1.20bn | ¥1.35bn | ¥870.1m |
| Operating income | ¥155.5m | ¥116.1m | ¥32.6m | ¥398.4m | ¥1.47bn | ¥835.9m | ¥438.6m | ¥74.4m | −¥672.7m | −¥155.9m |
| Net income | ¥296.5m | ¥133.1m | −¥143.3m | ¥119.4m | ¥1.10bn | ¥793.2m | ¥439.3m | ¥117.6m | −¥856.7m | −¥180.5m |
| Diluted earnings per share | 34.40 | 15.16 | -15.69 | 13.07 | 118.33 | 85.55 | 52.54 | 14.57 | -106.15 | -22.37 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥7.97bn | ¥8.41bn | ¥8.94bn | ¥9.76bn | ¥10.50bn | ¥8.98bn | ¥6.01bn | ¥5.05bn | ¥3.84bn | ¥4.72bn |
| Cash and short-term investments | ¥2.25bn | ¥2.73bn | ¥6.46bn | ¥6.83bn | ¥6.74bn | ¥6.24bn | ¥2.90bn | ¥2.09bn | ¥1.09bn | ¥2.19bn |
| Total liabilities | ¥1.29bn | ¥1.85bn | ¥1.95bn | ¥2.35bn | ¥2.89bn | ¥2.36bn | ¥1.93bn | ¥1.73bn | ¥638.3m | ¥511.8m |
| Debt | ¥759.0m | ¥1.33bn | ¥1.54bn | ¥1.80bn | ¥1.67bn | ¥1.65bn | ¥1.38bn | ¥1.26bn | ¥189.5m | ¥80.0m |
| Shareholders' equity | ¥6.68bn | ¥6.56bn | ¥6.99bn | ¥7.41bn | ¥7.62bn | ¥6.62bn | ¥4.08bn | ¥3.32bn | ¥3.20bn | ¥4.21bn |
| Shares outstanding | 9m | 9m | 9m | 9m | 9m | 9m | 8m | 8m | 8m | 8m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥335.7m | ¥398.8m | ¥226.8m | ¥233.2m | ¥827.0m | ¥1.87bn | ¥632.8m | ¥56.9m | −¥921.8m | −¥248.5m |
| Capital spending | −¥8.7m | — | −¥18.1m | −¥102.8m | −¥138.1m | −¥618.3m | −¥173.0m | −¥197.1m | −¥246.1m | −¥119.2m |
| Free cash flow | ¥327.0m | ¥398.8m | ¥208.7m | ¥130.4m | ¥688.9m | ¥1.25bn | ¥459.8m | −¥140.2m | −¥1.17bn | −¥367.7m |
| Dividends paid | −¥175.1m | −¥182.5m | −¥272.2m | −¥184.7m | −¥156.2m | −¥49.3m | −¥54,000 | −¥232,000 | −¥80.8m | −¥80.1m |
Latest quarters
By quarter end
| Jul 2026 | Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥637.0m | ¥739.4m | ¥807.0m | ¥315.8m | ¥564.8m | ¥964.1m | ¥845.9m | ¥306.0m |
| Gross profit | ¥294.6m | ¥476.0m | ¥560.1m | ¥144.3m | ¥293.2m | ¥639.9m | ¥595.6m | ¥128.0m |
| Operating income | −¥35.9m | ¥161.6m | ¥263.0m | −¥233.2m | −¥131.8m | ¥221.6m | ¥265.7m | −¥239.3m |
| Net income | ¥19.0m | ¥181.0m | ¥247.3m | −¥150.8m | −¥58.6m | ¥142.3m | ¥253.7m | −¥204.4m |
| Diluted earnings per share | 2.20 | 21.00 | 28.69 | -17.18 | -6.67 | 16.21 | 28.90 | -22.38 |
| Total assets | ¥7.97bn | ¥7.91bn | ¥7.95bn | ¥8.13bn | ¥8.41bn | ¥8.49bn | ¥8.53bn | ¥8.54bn |
| Cash and short-term investments | ¥2.25bn | ¥2.09bn | ¥2.03bn | ¥2.61bn | ¥2.73bn | ¥2.62bn | ¥2.42bn | ¥3.40bn |
| Debt | ¥714.0m | ¥621.2m | ¥919.6m | ¥1.12bn | ¥1.14bn | ¥1.16bn | ¥1.40bn | ¥1.20bn |
| Shareholders' equity | ¥6.68bn | ¥6.83bn | ¥6.59bn | ¥6.40bn | ¥6.56bn | ¥6.48bn | ¥6.66bn | ¥6.57bn |
Financial ratios
Data as of 13 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 59.0% | 61.8% | 59.0% | 66.9% | 78.0% | 65.6% | — |
| Operating margin | 6.2% | 8.5% | 2.3% | 6.8% | 32.6% | 19.7% | — |
| Net margin | 11.9% | 5.0% | -5.1% | 2.9% | 24.1% | 19.6% | — |
| Return on equity | 4.4% | 2.0% | -2.0% | 1.6% | 14.4% | 12.0% | — |
| Return on assets | 3.7% | 1.6% | -1.6% | 1.2% | 10.4% | 8.8% | — |
| Free cash flow yield | 6.4% | — | 4.3% | 5.9% | 16.7% | 43.1% | 15.4% |
| Revenue growth | -6.8% | -4.9% | -31.4% | -9.5% | 12.1% | 25.4% | — |
| Earnings growth | 122.8% | -192.9% | -220.1% | -89.1% | 38.3% | 80.5% | — |
| Current ratio | 2.97x | 2.46x | 4.97x | 4.82x | 3.65x | 3.95x | — |
| Debt to equity | 0.11x | 0.17x | 0.22x | 0.24x | 0.22x | 0.25x | — |
| Equity ratio | 83.8% | 78.0% | 78.2% | 76.0% | 72.5% | 73.8% | — |
| Interest coverage | 13.25x | 19.08x | 8.13x | 20.39x | 210.94x | 111.67x | — |
| R&D as a share of sales | — | 31.2% | 29.7% | 32.9% | 27.3% | 28.1% | 28.9% |
| Buybacks as a share of market value | 1.8% | 3.8% | 0.0% | 1.5% | 0.0% | -10.9% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -15.3% | -9.2% | 1.1% |
| Operating income | -26.9% | -28.6% | -7.8% |
| Net income | 35.4% | -17.9% | 3.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 60.5% | 62.3% | 66.4% | 65.9% |
| Operating margin | 5.2% | 5.8% | 14.5% | 9.2% |
| Net margin | 8.3% | 3.3% | 11.1% | 6.1% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 17.9 | 37.6 | -34.4 | 52.1 | 8.0 | 13.9 | 32.3 | 85.3 | -7.5 | -45.0 |
| Price to sales | 2.1 | 1.9 | 1.8 | 1.5 | 1.9 | 2.7 | 4.4 | 3.8 | 2.8 | 4.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 6 years. Last went ex-dividend on 30 Jul 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 40.00 | 30.00 | 20.00 | 5.00 | 6.00 | 10.00 | 10.00 | 5.00 |
- 100-for-1 split · 29 Jan 2014
- 10-for-1 split · 28 Jan 2002
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.