A 
2,100
+2.39%
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
¥38.32bn
FY2017FY2026
Net income
¥70.1m
FY2017FY2026
Free cash flow
−¥10.62bn
FY2017FY2026
Shareholders' equity
¥43.25bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥38.32bn | ¥34.97bn | ¥33.94bn | ¥37.23bn | ¥43.35bn | ¥40.27bn | ¥42.34bn | ¥42.78bn | ¥45.68bn | ¥44.81bn |
| Gross profit | ¥6.09bn | ¥5.10bn | ¥2.62bn | ¥4.36bn | ¥7.65bn | ¥5.79bn | ¥7.52bn | ¥7.28bn | ¥9.49bn | ¥9.97bn |
| Research and development | — | ¥2.15bn | ¥1.74bn | ¥1.73bn | ¥1.87bn | ¥1.89bn | ¥1.69bn | ¥1.37bn | ¥1.26bn | ¥1.27bn |
| Operating income | ¥306.4m | ¥438.8m | −¥1.55bn | ¥161.3m | ¥3.31bn | ¥1.32bn | ¥3.18bn | ¥3.29bn | ¥5.95bn | ¥5.78bn |
| Net income | ¥70.1m | ¥178.0m | −¥5.26bn | ¥15.0m | ¥2.80bn | ¥1.05bn | ¥1.80bn | ¥2.28bn | ¥4.57bn | ¥4.23bn |
| Diluted earnings per share | 6.26 | 15.90 | -469.77 | 1.25 | 233.21 | 87.91 | 149.91 | 189.77 | 380.58 | 352.23 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥62.71bn | ¥51.59bn | ¥50.13bn | ¥57.37bn | ¥61.15bn | ¥58.49bn | ¥57.76bn | ¥57.36bn | ¥56.95bn | ¥52.15bn |
| Cash and short-term investments | ¥17.35bn | ¥20.70bn | ¥23.06bn | ¥25.56bn | ¥27.11bn | ¥27.04bn | ¥25.99bn | ¥27.92bn | ¥25.30bn | ¥22.05bn |
| Total liabilities | ¥19.46bn | ¥8.68bn | ¥6.97bn | ¥6.83bn | ¥10.21bn | ¥9.62bn | ¥9.71bn | ¥10.13bn | ¥11.37bn | ¥10.55bn |
| Debt | ¥9.78bn | ¥1.76bn | ¥1.01bn | ¥651.5m | ¥971.1m | ¥1.30bn | ¥1.10bn | ¥1.33bn | ¥1.14bn | ¥1.37bn |
| Shareholders' equity | ¥43.25bn | ¥42.92bn | ¥43.16bn | ¥50.54bn | ¥50.95bn | ¥48.88bn | ¥48.04bn | ¥47.23bn | ¥45.58bn | ¥41.59bn |
| Shares outstanding | 11m | 11m | 11m | 12m | 12m | 12m | 12m | 12m | 12m | 12m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥878.9m | ¥1.45bn | ¥2.71bn | ¥3.59bn | ¥4.03bn | ¥4.58bn | ¥3.48bn | ¥7.48bn | ¥8.17bn | ¥5.86bn |
| Capital spending | −¥11.50bn | −¥3.89bn | −¥3.08bn | −¥3.81bn | −¥2.74bn | −¥2.53bn | −¥4.01bn | −¥4.04bn | −¥4.75bn | −¥2.75bn |
| Free cash flow | −¥10.62bn | −¥2.43bn | −¥376.2m | −¥221.9m | ¥1.29bn | ¥2.04bn | −¥528.3m | ¥3.44bn | ¥3.42bn | ¥3.11bn |
| Dividends paid | −¥604.7m | −¥604.7m | −¥647.9m | −¥671.9m | −¥671.9m | −¥672.0m | −¥792.0m | −¥672.0m | −¥648.0m | −¥636.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥10.96bn | ¥9.84bn | ¥9.32bn | ¥9.84bn | ¥9.32bn | ¥8.67bn | ¥8.65bn | ¥9.09bn |
| Gross profit | ¥2.15bn | ¥1.35bn | ¥1.42bn | ¥1.73bn | ¥1.58bn | ¥977.1m | ¥1.46bn | ¥1.34bn |
| Operating income | ¥525.7m | −¥95.8m | −¥55.5m | ¥242.8m | ¥214.9m | −¥322.7m | ¥222.4m | ¥177.7m |
| Net income | ¥364.5m | −¥479.6m | ¥135.7m | ¥210.7m | ¥203.4m | −¥603.3m | ¥302.3m | ¥62.3m |
| Diluted earnings per share | 32.55 | -42.83 | 12.12 | 18.81 | 18.16 | -53.87 | 26.99 | 5.56 |
| Total assets | ¥61.92bn | ¥62.71bn | ¥60.14bn | ¥57.58bn | ¥51.20bn | ¥51.59bn | ¥50.58bn | ¥50.47bn |
| Cash and short-term investments | ¥12.67bn | ¥17.35bn | ¥16.71bn | ¥17.62bn | ¥17.51bn | ¥20.70bn | ¥21.81bn | ¥22.31bn |
| Debt | ¥778.1m | ¥9.71bn | ¥661.3m | ¥6.25bn | ¥1.37bn | ¥1.69bn | ¥712.0m | ¥825.2m |
| Shareholders' equity | ¥43.44bn | ¥43.25bn | ¥42.93bn | ¥43.07bn | ¥42.79bn | ¥42.92bn | ¥43.28bn | ¥43.24bn |
Financial ratios
Data as of 22 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 15.9% | 14.6% | 7.7% | 11.7% | 17.7% | 14.4% | — |
| Operating margin | 0.8% | 1.3% | -4.6% | 0.4% | 7.6% | 3.3% | — |
| Net margin | 0.2% | 0.5% | -15.5% | 0.0% | 6.5% | 2.6% | — |
| Return on equity | 0.2% | 0.4% | -12.2% | 0.0% | 5.5% | 2.2% | — |
| Return on assets | 0.1% | 0.3% | -10.5% | 0.0% | 4.6% | 1.8% | — |
| Free cash flow yield | 44.8% | 19.3% | 21.0% | 25.0% | 22.9% | 24.0% | — |
| Revenue growth | 9.6% | 3.0% | -8.8% | -14.1% | 7.7% | -4.9% | — |
| Earnings growth | -60.6% | -103.4% | -35280.7% | -99.5% | 165.3% | -41.4% | — |
| Current ratio | 3.94x | 4.37x | 5.74x | 6.04x | 4.50x | 4.78x | — |
| Debt to equity | 0.22x | 0.04x | 0.02x | 0.01x | 0.02x | 0.02x | — |
| Equity ratio | 69.0% | 83.2% | 86.1% | 88.1% | 83.3% | 83.6% | — |
| Interest coverage | 3.90x | 66.11x | -392.25x | 34.10x | 393.96x | 176.96x | — |
| R&D as a share of sales | — | 6.1% | 5.1% | 4.7% | 4.3% | 4.7% | 4.0% |
| Buybacks as a share of market value | 0.0% | 0.0% | 6.7% | 0.0% | 0.0% | 0.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 1.0% | -1.0% | -0.5% |
| Operating income | 23.8% | -25.4% | -25.2% |
| Net income | 67.4% | -41.9% | -32.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 15.3% | 12.6% | 13.9% | 16.9% |
| Operating margin | 1.0% | -0.4% | 1.7% | 6.3% |
| Net margin | 0.3% | -3.5% | -0.5% | 3.4% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 359.6 | 151.5 | -4.3 | — | 7.8 | 28.8 | 13.9 | 15.0 | 6.6 | 16.5 |
| Price to sales | 0.7 | 0.8 | 0.7 | 0.9 | 0.5 | 0.8 | 0.6 | 0.8 | 0.7 | 1.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 26 years. Last went ex-dividend on 30 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 83.00 | 54.00 | 54.00 | 56.00 | 56.00 | 56.00 | 37.00 | 56.00 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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