885
+0.11%
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
¥29.44bn
FY2016FY2025
Net income
−¥383.6m
FY2016FY2025
Free cash flow
−¥175.3m
FY2016FY2025
Shareholders' equity
¥1.83bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥29.44bn | ¥29.82bn | ¥27.46bn | ¥22.59bn | ¥21.60bn | ¥30.46bn | ¥33.43bn | ¥32.65bn | ¥31.39bn | ¥29.40bn |
| Gross profit | ¥19.15bn | ¥19.52bn | ¥17.64bn | ¥14.57bn | ¥13.54bn | ¥19.05bn | ¥21.24bn | ¥21.61bn | ¥20.05bn | ¥19.32bn |
| Operating income | ¥550.5m | ¥819.8m | ¥89.8m | ¥463.1m | −¥2.25bn | −¥3.88bn | ¥730.1m | ¥390.7m | ¥314.0m | ¥104.7m |
| Net income | −¥383.6m | ¥1.02bn | −¥440.8m | ¥217.2m | −¥1.92bn | −¥4.39bn | −¥1.68bn | ¥10.8m | −¥414.8m | ¥96.6m |
| Diluted earnings per share | -43.17 | 115.11 | -55.01 | 27.10 | -239.75 | -548.48 | -210.17 | 1.36 | -60.50 | 14.09 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥22.95bn | ¥25.04bn | ¥25.30bn | ¥28.70bn | ¥28.16bn | ¥26.01bn | ¥28.74bn | ¥29.17bn | ¥28.42bn | ¥26.82bn |
| Cash and short-term investments | ¥2.62bn | ¥3.35bn | ¥3.66bn | ¥6.50bn | ¥5.55bn | ¥2.95bn | ¥3.21bn | ¥4.06bn | ¥3.92bn | ¥7.73bn |
| Total liabilities | ¥21.13bn | ¥21.76bn | ¥22.76bn | ¥25.57bn | ¥26.97bn | ¥22.59bn | ¥21.35bn | ¥23.93bn | ¥22.93bn | ¥21.09bn |
| Debt | ¥16.67bn | ¥17.01bn | ¥17.78bn | ¥20.63bn | ¥21.73bn | ¥18.67bn | ¥16.87bn | ¥15.55bn | ¥18.62bn | ¥17.64bn |
| Shareholders' equity | ¥1.83bn | ¥3.26bn | ¥2.51bn | ¥2.99bn | ¥1.00bn | ¥2.87bn | ¥7.39bn | ¥5.23bn | ¥5.50bn | ¥5.72bn |
| Shares outstanding | 9m | 9m | 8m | 8m | 8m | 8m | 8m | 8m | 7m | 7m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥725.2m | ¥690.5m | ¥956.4m | ¥369.6m | −¥59.3m | −¥831.0m | ¥1.48bn | ¥1.27bn | ¥1.44bn | ¥1.27bn |
| Capital spending | −¥900.5m | −¥711.8m | −¥799.6m | −¥453.2m | −¥321.6m | −¥715.1m | −¥1.15bn | −¥3.46bn | −¥1.14bn | −¥1.28bn |
| Free cash flow | −¥175.3m | −¥21.2m | ¥156.9m | −¥83.6m | −¥380.9m | −¥1.55bn | ¥331.9m | −¥2.18bn | ¥291.2m | −¥12.1m |
| Dividends paid | −¥179.6m | −¥158.8m | −¥60.3m | — | — | — | −¥39.8m | −¥34.0m | −¥34.5m | −¥37.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Oct 2025 | Sept 2025 | Jul 2025 | Jun 2025 | Apr 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥7.01bn | ¥7.33bn | ¥8.44bn | ¥7.03bn | ¥7.03bn | ¥7.02bn | ¥7.02bn | ¥7.18bn |
| Gross profit | ¥4.76bn | ¥4.82bn | ¥5.47bn | ¥4.52bn | ¥4.52bn | ¥4.52bn | ¥4.52bn | ¥4.67bn |
| Operating income | ¥83.3m | ¥133.1m | ¥642.0m | −¥108.9m | −¥108.9m | −¥17.9m | −¥17.9m | ¥46.4m |
| Net income | −¥50.5m | ¥87.7m | ¥368.4m | −¥83.1m | −¥83.1m | −¥119.8m | −¥119.8m | −¥449.7m |
| Diluted earnings per share | -5.68 | 9.87 | 41.46 | -9.37 | -9.35 | -13.51 | -13.49 | -50.73 |
| Total assets | ¥22.55bn | ¥22.44bn | ¥22.88bn | ¥22.45bn | ¥22.45bn | ¥23.06bn | ¥23.06bn | ¥22.95bn |
| Cash and short-term investments | ¥2.82bn | ¥2.86bn | ¥2.79bn | ¥1.84bn | ¥2.38bn | ¥1.76bn | ¥1.76bn | ¥2.08bn |
| Debt | ¥6.72bn | ¥15.44bn | ¥7.59bn | ¥13.53bn | ¥16.56bn | ¥14.11bn | ¥7.57bn | ¥14.73bn |
| Shareholders' equity | ¥2.00bn | ¥2.10bn | ¥1.95bn | ¥1.61bn | ¥1.61bn | ¥1.69bn | ¥1.69bn | ¥1.83bn |
Financial ratios
Data as of 10 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Gross margin | 64.8% | 65.0% | 65.5% | 64.2% | 64.5% | 62.7% |
| Operating margin | 2.2% | 0.2% | 3.6% | -1.5% | 1.8% | -10.4% |
| Net margin | 0.8% | -1.3% | 3.4% | -1.6% | 1.0% | -8.9% |
| Return on equity | 12.1% | -20.9% | 31.3% | -17.6% | 7.3% | -191.4% |
| Return on assets | 1.1% | -1.7% | 4.1% | -1.7% | 0.8% | -6.8% |
| Free cash flow yield | 37.6% | 19.9% | 17.2% | 23.8% | 11.2% | 3.6% |
| Revenue growth | 1.3% | -1.3% | 8.6% | 21.5% | 4.6% | -29.1% |
| Earnings growth | -166.0% | -137.6% | -331.5% | -303.0% | -111.3% | -56.3% |
| Current ratio | 0.64x | 0.74x | 0.81x | 0.46x | 0.53x | 0.42x |
| Debt to equity | 7.36x | 9.08x | 5.19x | 7.04x | 6.84x | 21.49x |
| Equity ratio | 9.4% | 8.0% | 13.0% | 9.9% | 10.4% | 3.6% |
| Interest coverage | 3.51x | 0.35x | 14.03x | -5.45x | 5.08x | -28.72x |
| Buybacks as a share of market value | 0.0% | -0.2% | -10.7% | 0.0% | 0.0% | -0.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 9.2% | -0.7% | 0.0% |
| Operating income | 5.9% | — | 8.0% |
| Net income | — | -38.6% | 16.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 65.3% | 64.9% | 64.1% | 64.6% |
| Operating margin | 2.3% | 1.8% | -2.6% | -0.8% |
| Net margin | 1.1% | 0.4% | -3.7% | -2.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -19.1 | 7.3 | -18.1 | 35.9 | -4.2 | -1.5 | -12.1 | — | -47.2 | 189.7 |
| Price to sales | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.2 | 0.6 | 0.6 | 0.6 | 0.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 28 Apr 2026.
| FY2025 | FY2024 | FY2023 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 15.00 | 15.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
- 100-for-1 split · 27 Mar 2013
- 2-for-1 split · 25 Sept 2007
- 2-for-1 split · 25 Sept 2002
- 2-for-1 split · 26 Dec 2000
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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