C 
143
+2.14%
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
¥5.54bn
FY2017FY2026
Net income
¥26.3m
FY2017FY2026
Free cash flow
−¥149.0m
FY2017FY2026
Shareholders' equity
¥1.93bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥5.54bn | ¥3.76bn | ¥3.41bn | ¥3.01bn | ¥3.10bn | ¥2.81bn | ¥2.32bn | ¥3.49bn | ¥4.06bn | ¥4.21bn |
| Gross profit | ¥1.47bn | ¥1.19bn | ¥1.14bn | ¥874.6m | ¥1.05bn | ¥952.5m | ¥754.1m | ¥1.48bn | ¥1.83bn | ¥2.02bn |
| Research and development | — | ¥31.6m | ¥32.4m | ¥45.6m | ¥25.8m | ¥35.3m | ¥9.5m | ¥4.9m | ¥6.5m | ¥1.7m |
| Operating income | ¥94.9m | ¥55.5m | ¥57.2m | −¥203.8m | ¥45.0m | −¥144.6m | −¥563.3m | ¥61.7m | ¥234.6m | ¥816.5m |
| Net income | ¥26.3m | ¥22.1m | ¥28.4m | −¥272.4m | ¥221.5m | −¥113.6m | −¥611.8m | ¥13.7m | ¥117.2m | ¥532.2m |
| Diluted earnings per share | 1.38 | 1.30 | 1.67 | -16.00 | 13.12 | -6.76 | -36.58 | 0.81 | 6.97 | 31.94 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥5.95bn | ¥5.06bn | ¥5.22bn | ¥5.26bn | ¥5.19bn | ¥4.65bn | ¥5.20bn | ¥5.28bn | ¥5.57bn | ¥5.50bn |
| Cash and short-term investments | ¥1.14bn | ¥629.6m | ¥958.5m | ¥596.8m | ¥735.6m | ¥823.7m | ¥1.35bn | ¥711.0m | ¥442.3m | ¥1.65bn |
| Total liabilities | ¥4.02bn | ¥3.25bn | ¥3.43bn | ¥3.45bn | ¥3.06bn | ¥2.77bn | ¥3.22bn | ¥2.69bn | ¥2.90bn | ¥2.83bn |
| Debt | ¥3.57bn | ¥2.99bn | ¥3.19bn | ¥3.28bn | ¥2.81bn | ¥2.58bn | ¥3.13bn | ¥2.51bn | ¥2.60bn | ¥2.29bn |
| Shareholders' equity | ¥1.93bn | ¥1.81bn | ¥1.79bn | ¥1.81bn | ¥2.13bn | ¥1.89bn | ¥1.98bn | ¥2.59bn | ¥2.68bn | ¥2.67bn |
| Shares outstanding | 19m | 17m | 17m | 17m | 17m | 17m | 17m | 17m | 17m | 17m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −¥59.0m | −¥125.8m | ¥483.1m | −¥406.4m | −¥248.3m | ¥176.4m | ¥136.2m | ¥655.9m | −¥1.29bn | ¥100.2m |
| Capital spending | −¥90.1m | −¥10.3m | −¥12.2m | −¥35.4m | −¥46.0m | −¥120.1m | −¥91.6m | −¥140.9m | −¥86.2m | −¥860.1m |
| Free cash flow | −¥149.0m | −¥136.1m | ¥471.0m | −¥441.8m | −¥294.3m | ¥56.3m | ¥44.6m | ¥515.0m | −¥1.38bn | −¥759.9m |
| Dividends paid | −¥5.9m | −¥5.9m | −¥12.8m | −¥58.7m | −¥2,000 | −¥97,000 | −¥5.0m | −¥119.7m | −¥124.0m | −¥57.2m |
Latest quarters
By quarter end
| Jul 2026 | Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥1.36bn | ¥1.58bn | ¥1.33bn | ¥1.27bn | ¥1.07bn | ¥862.3m | ¥946.8m | ¥878.0m |
| Gross profit | ¥307.7m | ¥415.5m | ¥384.2m | ¥366.8m | ¥302.1m | ¥269.5m | ¥299.4m | ¥315.8m |
| Operating income | −¥60.2m | ¥81.4m | ¥45.1m | ¥28.5m | ¥25.3m | ¥4.6m | ¥20.0m | ¥5.7m |
| Net income | −¥70.1m | ¥72.2m | ¥16.1m | ¥8.0m | ¥35.0m | −¥30.2m | ¥12.0m | ¥5.3m |
| Diluted earnings per share | -3.69 | 3.80 | 0.85 | 0.47 | 2.05 | -1.77 | 0.70 | 0.31 |
| Total assets | ¥5.95bn | ¥6.00bn | ¥6.10bn | ¥5.11bn | ¥5.06bn | ¥5.12bn | ¥4.98bn | ¥5.11bn |
| Cash and short-term investments | ¥1.14bn | ¥868.6m | ¥1.11bn | ¥664.5m | ¥629.6m | ¥912.4m | ¥847.9m | ¥572.4m |
| Debt | ¥1.49bn | ¥1.46bn | ¥3.80bn | ¥1.51bn | ¥1.49bn | ¥1.50bn | ¥2.96bn | ¥1.29bn |
| Shareholders' equity | ¥1.93bn | ¥1.90bn | ¥1.83bn | ¥1.81bn | ¥1.81bn | ¥1.77bn | ¥1.80bn | ¥1.79bn |
Financial ratios
Data as of 22 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 26.6% | 31.6% | 33.4% | 29.1% | 33.9% | 33.9% | — |
| Operating margin | 1.7% | 1.5% | -0.5% | -6.8% | 1.5% | -5.1% | — |
| Net margin | 0.5% | 0.6% | 0.8% | -9.1% | 7.1% | -4.0% | — |
| Return on equity | 1.4% | 1.2% | 1.6% | -15.1% | 10.4% | -6.0% | — |
| Return on assets | 0.4% | 0.4% | 0.5% | -5.2% | 4.3% | -2.4% | — |
| Free cash flow yield | 1.2% | -4.8% | 20.5% | -15.3% | -8.4% | 12.4% | — |
| Revenue growth | 47.3% | 10.1% | 13.6% | -3.0% | 10.2% | 21.0% | — |
| Earnings growth | 18.8% | -22.2% | -110.4% | -223.0% | -294.9% | -81.4% | — |
| Current ratio | 2.33x | 2.05x | 2.33x | 2.82x | 2.73x | 2.16x | — |
| Debt to equity | 0.77x | 0.82x | 1.78x | 1.82x | 1.32x | 1.37x | — |
| Equity ratio | 32.4% | 35.7% | 34.3% | 34.4% | 41.1% | 40.5% | — |
| Interest coverage | 1.77x | 1.48x | -0.57x | -8.32x | 1.97x | -8.66x | — |
| R&D as a share of sales | — | 0.8% | 0.9% | 1.5% | 0.8% | 1.3% | 0.4% |
| Buybacks as a share of market value | -11.5% | -0.1% | -0.0% | -0.8% | -0.5% | -0.5% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 22.6% | 14.5% | 3.0% |
| Operating income | — | — | -20.9% |
| Net income | — | — | -22.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 28.6% | 29.8% | 30.9% | 36.9% |
| Operating margin | 1.6% | 0.0% | -0.4% | 3.6% |
| Net margin | 0.5% | -1.2% | -0.4% | 0.8% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 102.1 | 112.7 | 88.8 | -12.0 | 14.8 | -27.2 | -6.1 | 412.0 | 41.6 | 19.4 |
| Price to sales | 0.5 | 0.7 | 0.7 | 1.1 | 1.1 | 1.1 | 1.6 | 1.6 | 1.2 | 2.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 30 Jul 2025.
| FY2025 | FY2024 | FY2023 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|
| Paid in the year | 0.70 | 0.75 | 2.00 | 0.30 | 7.20 | 7.50 |
- 2-for-1 split · 29 Jan 2018
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.