C 
165
+3.13%
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
¥83.7m
FY2016FY2025
Net income
−¥1.10bn
FY2016FY2025
Free cash flow
−¥1.02bn
FY2016FY2025
Shareholders' equity
¥1.27bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥83.7m | ¥193.3m | ¥190.1m | ¥126.4m | ¥161.7m | ¥199.5m | ¥275.8m | ¥1.03bn | ¥85.1m | ¥100.7m |
| Gross profit | ¥42.7m | ¥110.1m | ¥107.2m | ¥61.0m | ¥84.0m | ¥138.2m | ¥216.6m | ¥994.5m | ¥51.0m | ¥80.8m |
| Research and development | ¥720.1m | ¥573.3m | ¥456.4m | ¥444.8m | ¥541.2m | ¥438.8m | ¥591.4m | ¥432.6m | ¥632.3m | ¥1.07bn |
| Operating income | −¥1.05bn | −¥846.4m | −¥697.8m | −¥745.9m | −¥906.1m | −¥769.5m | −¥826.0m | ¥140.1m | −¥959.5m | −¥984.5m |
| Net income | −¥1.10bn | −¥859.8m | −¥846.5m | −¥759.7m | −¥912.9m | −¥783.9m | −¥782.4m | ¥129.7m | −¥966.5m | −¥1.41bn |
| Diluted earnings per share | -31.74 | -24.80 | -27.04 | -33.08 | -51.40 | -48.97 | -60.27 | 11.36 | -84.57 | -36.29 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥1.66bn | ¥2.43bn | ¥2.47bn | ¥1.54bn | ¥1.41bn | ¥1.81bn | ¥1.46bn | ¥1.59bn | ¥1.56bn | ¥1.34bn |
| Cash and short-term investments | ¥1.32bn | ¥2.13bn | ¥2.16bn | ¥1.07bn | ¥846.7m | ¥1.46bn | ¥1.07bn | ¥1.06bn | ¥1.35bn | ¥1.06bn |
| Total liabilities | ¥387.5m | ¥269.9m | ¥301.0m | ¥365.6m | ¥363.6m | ¥280.1m | ¥110.4m | ¥174.7m | ¥303.1m | ¥179.1m |
| Debt | ¥132.9m | ¥143.8m | ¥151.3m | ¥158.8m | ¥160.0m | ¥160.0m | — | — | — | — |
| Shareholders' equity | ¥1.27bn | ¥2.16bn | ¥2.16bn | ¥1.18bn | ¥1.04bn | ¥1.53bn | ¥1.35bn | ¥1.41bn | ¥1.26bn | ¥1.16bn |
| Shares outstanding | 35m | 35m | 31m | 23m | 18m | 16m | 13m | 11m | 11m | 39m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −¥989.0m | −¥866.1m | −¥779.4m | −¥718.0m | −¥817.2m | −¥700.7m | −¥577,000 | −¥306.0m | −¥747.0m | −¥852.0m |
| Capital spending | −¥26.2m | −¥18.4m | −¥21.6m | −¥15.6m | −¥91.0m | −¥10.3m | −¥13,000 | −¥1.0m | −¥5.0m | −¥343.6m |
| Free cash flow | −¥1.02bn | −¥884.5m | −¥801.1m | −¥733.6m | −¥908.2m | −¥711.0m | −¥590,000 | −¥307.0m | −¥752.0m | −¥1.20bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥7.2m | ¥13.7m | ¥18.4m | ¥28.3m | ¥10.2m | ¥26.8m | ¥55.0m | ¥61.9m |
| Gross profit | ¥3.9m | ¥7.6m | ¥10.5m | ¥17.9m | ¥5.2m | ¥9.1m | ¥31.2m | ¥37.2m |
| Operating income | −¥320.6m | −¥250.3m | −¥221.5m | −¥201.3m | −¥230.7m | −¥392.6m | −¥181.9m | −¥200.3m |
| Net income | −¥338.4m | −¥272.2m | −¥254.6m | −¥198.3m | −¥257.4m | −¥393.7m | −¥180.4m | −¥205.0m |
| Diluted earnings per share | -8.68 | -6.99 | -7.32 | -5.70 | -7.40 | -11.32 | -5.20 | -5.91 |
| Total assets | ¥2.08bn | ¥2.37bn | ¥1.66bn | ¥1.67bn | ¥1.91bn | ¥2.23bn | ¥2.43bn | ¥2.62bn |
| Cash and short-term investments | ¥1.79bn | ¥2.01bn | ¥1.32bn | ¥1.37bn | ¥1.66bn | ¥1.92bn | ¥2.13bn | ¥2.34bn |
| Debt | ¥116.9m | ¥27.5m | ¥132.9m | ¥27.5m | ¥139.4m | ¥17.5m | ¥10.8m | ¥7.5m |
| Shareholders' equity | ¥1.77bn | ¥2.00bn | ¥1.27bn | ¥1.31bn | ¥1.51bn | ¥1.77bn | ¥2.16bn | ¥2.34bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -12.9% | -15.9% | -8.0% |
| Operating income | 11.9% | 6.3% | 6.3% |
| Net income | 13.3% | 7.1% | 7.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 55.2% | 54.1% | 56.9% | 75.3% |
| Operating margin | -683.3% | -562.1% | -525.0% | -311.5% |
| Net margin | -709.1% | -601.5% | -551.7% | -335.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -8.2 | -16.1 | -10.0 | -5.1 | -3.6 | -5.0 | -8.6 | 58.8 | -5.5 | -14.8 |
| Price to sales | 107.7 | 71.6 | 44.6 | 30.5 | 20.2 | 19.8 | 24.2 | 7.4 | 62.1 | 207.5 |
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.