B 
36
+2.86%
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
¥294.4m
FY2017FY2026
Net income
−¥1.53bn
FY2017FY2026
Free cash flow
−¥2.51bn
FY2017FY2026
Shareholders' equity
¥728.4m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥294.4m | ¥319.1m | ¥2.09bn | ¥4.48bn | ¥3.37bn | ¥1.76bn | ¥1.50bn | ¥2.13bn | ¥1.45bn | ¥825.7m |
| Operating income | −¥1.45bn | −¥569.8m | −¥1.84bn | ¥56.5m | ¥233.2m | −¥239.4m | −¥160.7m | ¥192.8m | ¥126.2m | ¥105.1m |
| Net income | −¥1.53bn | −¥715.8m | −¥3.03bn | −¥7.9m | ¥187.1m | −¥49.6m | −¥585.1m | ¥109.0m | ¥87.0m | ¥73.6m |
| Diluted earnings per share | -47.08 | -26.46 | -108.08 | -0.38 | 9.13 | -2.42 | -28.81 | 5.37 | 2.69 | 2.27 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥1.81bn | ¥1.89bn | ¥375.9m | ¥2.91bn | ¥1.84bn | ¥1.36bn | ¥1.31bn | ¥1.40bn | ¥616.1m | ¥434.8m |
| Cash and short-term investments | ¥370.2m | ¥1.73bn | ¥115.8m | ¥1.20bn | ¥705.5m | ¥495.9m | ¥419.9m | ¥793.1m | ¥293.4m | ¥165.7m |
| Total liabilities | ¥1.08bn | ¥1.63bn | ¥1.82bn | ¥2.40bn | ¥1.32bn | ¥1.03bn | ¥1.00bn | ¥393.2m | ¥321.9m | ¥237.6m |
| Debt | ¥765.3m | ¥987.1m | ¥1.47bn | ¥1.48bn | ¥880.6m | ¥708.7m | ¥698.8m | ¥82.6m | ¥132.3m | ¥105.2m |
| Shareholders' equity | ¥728.4m | ¥255.0m | −¥1.45bn | ¥512.6m | ¥526.7m | ¥332.1m | ¥303.8m | ¥990.3m | ¥294.2m | ¥197.2m |
| Shares outstanding | 32m | 27m | 28m | 20m | 20m | 20m | 20m | 20m | 32m | 32m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −¥1.81bn | −¥296.1m | −¥2.12bn | −¥157.3m | ¥70.1m | −¥123.2m | −¥418.1m | ¥88.1m | ¥78.4m | ¥10.2m |
| Capital spending | −¥704.6m | — | −¥2.1m | −¥10.6m | −¥3.6m | −¥21.1m | −¥55.7m | −¥38.5m | −¥4.4m | −¥510,000 |
| Free cash flow | −¥2.51bn | −¥296.1m | −¥2.12bn | −¥167.9m | ¥66.4m | −¥144.3m | −¥473.8m | ¥49.6m | ¥74.0m | ¥9.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥50.5m | ¥77.5m | ¥157.7m | ¥8.7m | ¥92.2m | ¥63.8m | ¥97.1m | ¥65.9m |
| Operating income | −¥752.2m | −¥417.7m | −¥136.2m | −¥140.4m | −¥122.2m | −¥88.6m | −¥88.6m | −¥248.9m |
| Net income | −¥818.2m | −¥454.0m | −¥86.0m | −¥167.3m | −¥182.0m | −¥136.9m | −¥138.1m | −¥259.0m |
| Diluted earnings per share | -25.25 | -14.01 | -3.18 | -6.19 | -6.73 | -5.06 | -4.93 | -9.24 |
| Total assets | ¥1.81bn | ¥2.52bn | ¥2.00bn | ¥1.81bn | ¥1.89bn | ¥570.9m | ¥296.0m | ¥374.6m |
| Cash and short-term investments | ¥370.2m | ¥1.05bn | ¥286.9m | ¥1.35bn | ¥1.73bn | ¥452.9m | ¥144.0m | ¥179.2m |
| Debt | ¥695.6m | ¥718.4m | ¥888.3m | ¥770.8m | ¥791.4m | ¥797.3m | ¥1.49bn | ¥1.16bn |
| Shareholders' equity | ¥728.4m | ¥1.55bn | ¥996.7m | ¥745.9m | ¥255.0m | −¥571.0m | −¥1.49bn | −¥1.35bn |
Financial ratios
Data as of 22 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Operating margin | -491.4% | -178.3% | -88.2% | 1.3% | 6.9% | -13.6% | — |
| Net margin | -518.2% | -224.4% | -145.2% | -0.2% | 5.6% | -2.8% | — |
| Return on equity | -209.4% | -280.7% | 209.3% | -1.5% | 35.5% | -14.9% | — |
| Return on assets | -84.3% | -37.9% | -805.7% | -0.3% | 10.2% | -3.6% | — |
| Free cash flow yield | -83.0% | — | -184.6% | -17.5% | 8.8% | -12.2% | -43.5% |
| Revenue growth | -7.7% | -84.7% | -53.5% | 33.2% | 91.6% | 17.5% | — |
| Earnings growth | 113.1% | -76.4% | 38419.4% | -104.2% | -477.0% | -91.5% | — |
| Current ratio | 1.01x | 1.26x | 0.22x | 1.60x | 1.84x | 2.55x | — |
| Debt to equity | 0.95x | 3.10x | -1.02x | 2.89x | 1.67x | 2.13x | — |
| Equity ratio | 40.2% | 13.5% | -384.9% | 17.6% | 28.6% | 24.4% | — |
| Interest coverage | -51.48x | -16.07x | -64.20x | 6.61x | 42.04x | -71.41x | — |
| Buybacks as a share of market value | -19.8% | 3.5% | -36.9% | 0.1% | -0.2% | -0.8% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -59.7% | -30.1% | — |
| Operating income | — | 43.3% | — |
| Net income | 478.9% | 98.4% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.9 | -4.8 | -2.7 | -3281.2 | 206.0 | -389.7 | -33.3 | 342.0 |
| Price to sales | 4.6 | 10.7 | 3.9 | 5.8 | 11.4 | 11.0 | 13.0 | 17.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 2-for-1 split · 29 Dec 2022
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.