L 
855
+5.17%
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
¥2.42bn
FY2018FY2026
Net income
−¥241.0m
FY2018FY2026
Free cash flow
¥253.6m
FY2018FY2026
Shareholders' equity
¥176.9m
FY2018FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥2.42bn | ¥2.87bn | ¥3.43bn | ¥2.84bn | ¥3.20bn | ¥2.69bn | ¥2.17bn | ¥1.81bn | ¥1.47bn |
| Gross profit | ¥1.42bn | ¥1.71bn | ¥1.88bn | ¥1.22bn | ¥1.63bn | ¥1.44bn | ¥1.23bn | ¥1.05bn | ¥912.5m |
| Research and development | — | — | ¥13.2m | — | — | — | — | ¥8.0m | — |
| Operating income | −¥123.5m | −¥159.2m | ¥118.3m | −¥869.7m | ¥158.5m | ¥247.1m | ¥224.3m | ¥65.5m | ¥161.6m |
| Net income | −¥241.0m | −¥301.0m | ¥104.1m | −¥774.5m | ¥72.4m | ¥157.2m | ¥142.7m | ¥35.6m | ¥73.7m |
| Diluted earnings per share | -151.53 | -202.08 | 69.85 | -526.13 | 51.75 | 109.65 | 99.83 | 22.38 | 46.35 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥2.49bn | ¥3.14bn | ¥3.87bn | ¥3.37bn | ¥3.28bn | ¥3.32bn | ¥1.61bn | ¥912.0m | ¥707.4m |
| Cash and short-term investments | ¥1.19bn | ¥1.35bn | ¥1.33bn | ¥1.17bn | ¥1.38bn | ¥1.93bn | ¥942.2m | ¥288.4m | ¥226.6m |
| Total liabilities | ¥2.32bn | ¥2.82bn | ¥3.26bn | ¥3.02bn | ¥2.14bn | ¥2.26bn | ¥789.8m | ¥752.2m | ¥552.1m |
| Debt | ¥1.62bn | ¥2.10bn | ¥2.39bn | ¥2.26bn | ¥1.51bn | ¥1.67bn | ¥385.8m | ¥382.6m | ¥183.4m |
| Shareholders' equity | ¥176.9m | ¥319.8m | ¥604.9m | ¥353.2m | ¥1.14bn | ¥1.06bn | ¥822.1m | ¥159.8m | ¥155.2m |
| Shares outstanding | 2m | 1m | 1m | 1m | 1m | 1m | 1m | 2m | 2m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥263.7m | ¥163.4m | ¥2.8m | −¥328.2m | ¥80.1m | ¥207.2m | ¥366.6m | ¥3.3m | ¥140.8m |
| Capital spending | −¥10.1m | −¥16.9m | −¥8.0m | −¥56.7m | −¥39.9m | −¥29.4m | −¥11.2m | −¥13.3m | −¥38.0m |
| Free cash flow | ¥253.6m | ¥146.5m | −¥5.2m | −¥384.9m | ¥40.2m | ¥177.8m | ¥355.4m | −¥10.1m | ¥102.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥638.9m | ¥678.5m | ¥449.4m | ¥623.9m | ¥667.4m | ¥649.3m | ¥708.7m | ¥711.1m |
| Gross profit | ¥367.8m | ¥405.0m | ¥229.7m | ¥365.9m | ¥422.2m | ¥404.4m | ¥395.8m | ¥424.5m |
| Operating income | ¥31.1m | ¥48.4m | −¥136.4m | −¥25.2m | −¥10.3m | −¥79.9m | −¥30.9m | −¥21.2m |
| Net income | −¥9.4m | −¥37.5m | −¥152.4m | ¥14.3m | −¥65.4m | −¥164.0m | −¥55.6m | −¥34.0m |
| Diluted earnings per share | -5.91 | -23.56 | -102.31 | 9.57 | -43.92 | -110.08 | -37.30 | -22.84 |
| Total assets | ¥2.51bn | ¥2.49bn | ¥2.63bn | ¥2.79bn | ¥2.91bn | ¥3.14bn | ¥3.67bn | ¥3.80bn |
| Cash and short-term investments | ¥1.15bn | ¥1.19bn | ¥1.21bn | ¥1.18bn | ¥1.18bn | ¥1.35bn | ¥1.57bn | ¥1.66bn |
| Debt | ¥1.15bn | ¥1.62bn | ¥1.19bn | ¥1.82bn | ¥1.21bn | ¥2.10bn | ¥1.49bn | ¥2.43bn |
| Shareholders' equity | ¥167.4m | ¥176.9m | ¥123.0m | ¥272.9m | ¥254.4m | ¥319.8m | ¥483.8m | ¥539.4m |
Financial ratios
Data as of 2 Nov 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 58.8% | 59.4% | 54.8% | 43.2% | 51.0% | 53.7% | — |
| Operating margin | -5.1% | -5.5% | 3.4% | -17.9% | 4.9% | 9.2% | — |
| Net margin | -10.0% | -10.5% | 3.0% | -27.3% | 2.3% | 5.9% | — |
| Return on equity | -136.3% | -94.1% | 17.2% | -219.3% | 6.3% | 14.9% | — |
| Return on assets | -9.7% | -9.6% | 2.7% | -23.0% | 2.2% | 4.7% | — |
| Free cash flow yield | 19.1% | 13.5% | 0.8% | -20.5% | 9.5% | 18.4% | — |
| Revenue growth | -15.8% | -16.3% | 20.9% | -11.4% | 19.2% | 24.0% | — |
| Earnings growth | -19.9% | -389.2% | -113.4% | -1169.6% | -54.0% | 10.2% | — |
| Current ratio | 1.25x | 1.34x | 1.26x | 1.31x | 2.04x | 2.39x | — |
| Debt to equity | 9.16x | 6.57x | 3.95x | 6.40x | 1.32x | 1.58x | — |
| Equity ratio | 7.1% | 10.2% | 15.6% | 10.5% | 34.9% | 31.9% | — |
| Interest coverage | -4.16x | -5.51x | 5.61x | -30.75x | 15.75x | 25.20x | — |
| R&D as a share of sales | — | — | 0.4% | — | — | — | 0.4% |
| Buybacks as a share of market value | -6.8% | 0.0% | -1.2% | -5.2% | 2.4% | -0.3% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -5.2% | -2.1% | — |
| Operating income | -47.8% | — | — |
| Net income | -32.2% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 59.1% | 53.9% | 53.3% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | -5.4 | -4.5 | 12.2 | -2.4 | 21.9 | 31.1 | 33.4 |
| Price to sales | 0.5 | 0.5 | 0.4 | 0.7 | 0.5 | 1.8 | 2.2 |
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.