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2,198
+0.09%
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
¥37.10bn
FY2017FY2026
Net income
¥1.57bn
FY2017FY2026
Free cash flow
¥13.95bn
FY2017FY2026
Shareholders' equity
¥35.95bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥37.10bn | ¥30.26bn | ¥43.15bn | ¥35.87bn | ¥39.33bn | ¥49.42bn | ¥41.05bn | ¥65.34bn | ¥61.68bn | ¥45.54bn |
| Gross profit | ¥3.64bn | ¥3.99bn | ¥8.25bn | ¥4.63bn | ¥5.20bn | ¥3.40bn | ¥2.71bn | ¥5.30bn | ¥7.89bn | −¥11.13bn |
| Research and development | — | ¥272.0m | ¥278.0m | ¥225.0m | ¥243.0m | ¥205.0m | ¥178.0m | ¥139.0m | ¥127.0m | ¥236.0m |
| Operating income | −¥234.0m | ¥234.0m | ¥4.31bn | ¥1.23bn | ¥1.80bn | ¥321.0m | ¥1.40bn | ¥2.38bn | ¥4.92bn | −¥14.41bn |
| Net income | ¥1.57bn | ¥560.0m | ¥4.37bn | ¥1.18bn | ¥2.77bn | ¥662.0m | ¥704.0m | ¥1.80bn | ¥5.17bn | −¥14.61bn |
| Diluted earnings per share | 228.19 | 81.39 | 635.56 | 171.93 | 401.83 | 96.20 | 102.30 | 261.98 | 750.48 | -2,122.71 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥72.94bn | ¥58.84bn | ¥59.56bn | ¥55.49bn | ¥61.50bn | ¥66.02bn | ¥75.91bn | ¥83.73bn | ¥79.67bn | ¥72.63bn |
| Cash and short-term investments | ¥16.90bn | ¥6.35bn | ¥11.72bn | ¥7.63bn | ¥9.94bn | ¥4.35bn | ¥5.22bn | ¥1.92bn | ¥4.60bn | ¥3.99bn |
| Total liabilities | ¥36.98bn | ¥25.22bn | ¥27.05bn | ¥28.19bn | ¥37.02bn | ¥44.70bn | ¥53.46bn | ¥60.07bn | ¥57.78bn | ¥56.07bn |
| Debt | ¥1.40bn | ¥5.41bn | ¥4.92bn | ¥9.10bn | ¥15.72bn | ¥22.43bn | ¥23.44bn | ¥35.30bn | ¥31.45bn | ¥18.18bn |
| Shareholders' equity | ¥35.95bn | ¥33.61bn | ¥32.50bn | ¥27.29bn | ¥24.47bn | ¥21.32bn | ¥22.45bn | ¥23.65bn | ¥21.89bn | ¥16.56bn |
| Shares outstanding | 7m | 7m | 7m | 7m | 7m | 7m | 7m | 7m | 7m | 7m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥15.63bn | −¥4.86bn | ¥8.93bn | ¥5.92bn | ¥12.95bn | ¥24.0m | ¥14.37bn | −¥6.63bn | −¥11.99bn | −¥11.02bn |
| Capital spending | −¥1.68bn | −¥910.0m | −¥426.0m | −¥703.0m | −¥851.0m | −¥370.0m | −¥411.0m | −¥689.0m | −¥1.64bn | −¥3.97bn |
| Free cash flow | ¥13.95bn | −¥5.77bn | ¥8.51bn | ¥5.22bn | ¥12.10bn | −¥346.0m | ¥13.96bn | −¥7.32bn | −¥13.63bn | −¥14.99bn |
| Dividends paid | −¥342.0m | −¥344.0m | −¥343.0m | −¥205.0m | −¥205.0m | −¥205.0m | −¥205.0m | −¥205.0m | — | −¥207.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥10.76bn | ¥11.57bn | ¥9.26bn | ¥8.67bn | ¥7.59bn | ¥8.71bn | ¥7.96bn | ¥6.32bn |
| Gross profit | ¥1.39bn | ¥203.0m | ¥1.24bn | ¥1.19bn | ¥1.01bn | ¥541.0m | ¥1.20bn | ¥718.0m |
| Operating income | ¥316.0m | −¥869.0m | ¥293.0m | ¥283.0m | ¥59.0m | −¥381.0m | ¥271.0m | −¥152.0m |
| Net income | ¥272.0m | ¥773.0m | ¥523.0m | ¥311.0m | −¥37.0m | −¥447.0m | ¥1.00bn | −¥815.0m |
| Diluted earnings per share | 39.53 | 112.35 | 76.02 | 45.20 | -5.38 | -64.97 | 145.34 | -118.45 |
| Total assets | ¥71.27bn | ¥72.94bn | ¥64.12bn | ¥62.38bn | ¥59.88bn | ¥58.84bn | ¥59.73bn | ¥59.12bn |
| Cash and short-term investments | ¥11.18bn | ¥16.90bn | ¥6.51bn | ¥5.85bn | ¥7.66bn | ¥6.35bn | ¥8.03bn | ¥5.75bn |
| Debt | — | ¥1.40bn | — | ¥4.10bn | ¥3.50bn | ¥5.41bn | ¥6.10bn | ¥3.00bn |
| Shareholders' equity | ¥35.52bn | ¥35.95bn | ¥34.48bn | ¥33.65bn | ¥33.23bn | ¥33.61bn | ¥32.76bn | ¥34.38bn |
Financial ratios
Data as of 29 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 9.8% | 13.2% | 19.1% | 12.9% | 13.2% | 6.9% | — |
| Operating margin | -0.6% | 0.8% | 10.0% | 3.4% | 4.6% | 0.6% | — |
| Net margin | 4.2% | 1.9% | 10.1% | 3.3% | 7.0% | 1.3% | — |
| Return on equity | 4.4% | 1.7% | 13.5% | 4.3% | 11.3% | 3.1% | — |
| Return on assets | 2.2% | 1.0% | 7.3% | 2.1% | 4.5% | 1.0% | — |
| Free cash flow yield | 106.3% | -24.2% | 57.5% | 40.7% | 84.7% | 2.4% | — |
| Revenue growth | 22.6% | -29.9% | 20.3% | -8.8% | -20.4% | 20.4% | — |
| Earnings growth | 180.4% | -87.2% | 269.7% | -57.2% | 317.7% | -6.0% | — |
| Current ratio | 1.58x | 1.93x | 1.94x | 1.92x | 1.37x | 1.23x | — |
| Debt to equity | 0.04x | 0.16x | 0.11x | 0.28x | 0.64x | 1.05x | — |
| Equity ratio | 49.3% | 57.1% | 54.6% | 49.2% | 39.8% | 32.3% | — |
| Interest coverage | -3.97x | 3.25x | 61.53x | 24.10x | 17.27x | 1.64x | — |
| R&D as a share of sales | — | 0.9% | 0.6% | 0.6% | 0.6% | 0.4% | 0.4% |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 1.1% | -5.6% | -1.7% |
| Net income | 9.9% | 18.9% | 6.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 11.3% | 14.0% | 12.4% | 7.9% |
| Operating margin | 0.0% | 3.8% | 3.3% | 0.7% |
| Net margin | 3.2% | 5.3% | 4.7% | 1.0% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 10.1 | 30.3 | 2.3 | 10.2 | 2.6 | 10.3 | 12.8 | 5.9 | 2.6 | -1.5 |
| Price to sales | 0.4 | 0.6 | 0.2 | 0.3 | 0.2 | 0.1 | 0.2 | 0.2 | 0.2 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 30 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2017 | FY2014 | FY2013 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 100.00 | 50.00 | 50.00 | 30.00 | 30.00 | 30.00 | 50.00 | 50.00 |
- 10-to-1 reverse split · 28 Sept 2016
- 1.06-for-1 split · 25 Sept 1991
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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