671
+0.15%
Close of 9 Nov 2026, in JPY
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At a glance
Figures in JPY, from our data supplier.
Revenue
¥6.96bn
FY2016FY2025
Net income
¥556.3m
FY2016FY2025
Free cash flow
¥496.3m
FY2016FY2025
Shareholders' equity
¥5.95bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥6.96bn | ¥5.86bn | ¥5.55bn | ¥5.38bn | ¥5.28bn | ¥5.36bn | ¥5.56bn | ¥5.45bn | ¥4.92bn | ¥4.60bn |
| Gross profit | ¥2.89bn | ¥2.44bn | ¥2.35bn | ¥2.31bn | ¥2.16bn | ¥2.12bn | ¥2.24bn | ¥2.18bn | ¥2.02bn | ¥1.79bn |
| Research and development | — | — | — | — | — | — | — | ¥15.2m | ¥29.4m | ¥22.1m |
| Operating income | ¥851.3m | ¥678.0m | ¥698.9m | ¥826.5m | ¥738.9m | ¥693.1m | ¥859.2m | ¥833.1m | ¥683.3m | ¥588.4m |
| Net income | ¥556.3m | ¥422.0m | ¥448.6m | ¥587.3m | ¥484.9m | ¥449.0m | ¥570.1m | ¥549.4m | ¥433.9m | ¥373.4m |
| Diluted earnings per share | 57.74 | 43.80 | 46.57 | 60.80 | 50.20 | 46.48 | 59.02 | 56.88 | 44.92 | 38.66 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥7.16bn | ¥6.87bn | ¥6.19bn | ¥5.97bn | ¥5.48bn | ¥5.19bn | ¥4.90bn | ¥4.51bn | ¥3.92bn | ¥3.61bn |
| Cash and short-term investments | ¥5.04bn | ¥4.90bn | ¥5.09bn | ¥4.91bn | ¥4.34bn | ¥3.95bn | ¥3.55bn | ¥3.13bn | ¥2.45bn | ¥2.02bn |
| Total liabilities | ¥1.22bn | ¥1.20bn | ¥772.0m | ¥806.8m | ¥767.3m | ¥839.2m | ¥828.8m | ¥927.0m | ¥809.1m | ¥880.7m |
| Debt | ¥4.5m | ¥5.8m | ¥83.4m | — | — | — | — | — | — | — |
| Shareholders' equity | ¥5.95bn | ¥5.67bn | ¥5.42bn | ¥5.16bn | ¥4.71bn | ¥4.35bn | ¥4.08bn | ¥3.58bn | ¥3.11bn | ¥2.73bn |
| Shares outstanding | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 10m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥508.3m | ¥582.3m | ¥606.4m | ¥760.8m | ¥573.2m | ¥610.6m | ¥575.4m | ¥743.8m | ¥536.1m | ¥352.1m |
| Capital spending | −¥12.0m | −¥32.9m | −¥109.7m | −¥68.6m | −¥49.9m | −¥48.6m | −¥76.7m | −¥10.3m | −¥80.2m | −¥27.2m |
| Free cash flow | ¥496.3m | ¥549.4m | ¥496.7m | ¥692.2m | ¥523.3m | ¥562.1m | ¥498.7m | ¥733.4m | ¥455.9m | ¥324.9m |
| Dividends paid | −¥284.2m | −¥178.2m | −¥178.7m | −¥144.9m | −¥130.4m | −¥173.9m | −¥77.3m | −¥67.6m | −¥62.8m | −¥53.1m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥1.74bn | ¥1.78bn | ¥1.89bn | ¥1.68bn | ¥1.61bn | ¥1.77bn | ¥1.72bn | ¥1.37bn |
| Gross profit | ¥699.1m | ¥764.6m | ¥771.3m | ¥694.6m | ¥660.9m | ¥761.1m | ¥701.6m | ¥578.3m |
| Operating income | ¥210.1m | ¥232.4m | ¥263.8m | ¥169.1m | ¥166.9m | ¥251.8m | ¥124.9m | ¥180.3m |
| Net income | ¥133.3m | ¥155.9m | ¥173.1m | ¥110.5m | ¥108.6m | ¥164.2m | ¥53.8m | ¥120.1m |
| Diluted earnings per share | 13.83 | 16.19 | 17.96 | 11.46 | 11.27 | 17.04 | 5.59 | 12.47 |
| Total assets | ¥7.18bn | ¥7.06bn | ¥7.16bn | ¥6.87bn | ¥6.86bn | ¥6.80bn | ¥6.87bn | ¥6.47bn |
| Cash and short-term investments | ¥5.26bn | ¥5.03bn | ¥5.04bn | ¥4.72bn | ¥4.81bn | ¥4.76bn | ¥4.90bn | ¥5.29bn |
| Debt | — | — | ¥1.3m | — | — | — | ¥1.3m | — |
| Shareholders' equity | ¥6.00bn | ¥5.86bn | ¥5.95bn | ¥5.77bn | ¥5.75bn | ¥5.64bn | ¥5.67bn | ¥5.61bn |
Financial ratios
Data as of 11 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 41.5% | 41.7% | 42.3% | 43.0% | 40.9% | 39.6% | — | — | — | — | — | — |
| Operating margin | 12.2% | 11.6% | 12.3% | 15.5% | 13.8% | 12.9% | — | — | — | — | — | — |
| Net margin | 8.0% | 7.2% | 8.1% | 10.9% | 9.2% | 8.4% | — | — | — | — | — | — |
| Return on equity | 9.4% | 7.4% | 8.3% | 11.4% | 10.3% | 10.3% | — | — | — | — | — | — |
| Return on assets | 7.8% | 6.1% | 7.2% | 9.8% | 8.8% | 8.6% | — | — | — | — | — | — |
| Free cash flow yield | 7.9% | 9.3% | 10.8% | 12.5% | 9.4% | 9.9% | — | — | — | — | — | — |
| Revenue growth | 18.7% | 5.5% | 3.2% | 1.9% | -1.4% | -3.7% | — | — | — | — | — | — |
| Earnings growth | 31.8% | -5.9% | -23.6% | 21.1% | 8.0% | -21.2% | — | — | — | — | — | — |
| Current ratio | 6.26x | 6.05x | 8.55x | 7.49x | 7.15x | 6.40x | — | — | — | — | — | — |
| Debt to equity | 0.00x | 0.00x | 0.02x | 0.00x | 0.00x | 0.00x | — | — | — | — | — | — |
| Equity ratio | 83.0% | 82.6% | 87.5% | 86.5% | 86.0% | 83.8% | — | — | — | — | — | — |
| Interest coverage | 32724.27x | 37745.11x | — | 113.71x | 27.41x | 100.37x | 146.70x | — | — | — | — | — |
| R&D as a share of sales | — | — | — | — | — | — | — | 0.3% | 0.6% | 0.5% | 0.5% | 0.6% |
| Buybacks as a share of market value | -0.0% | 0.0% | 0.3% | 0.0% | 0.0% | 0.0% | — | — | — | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 8.9% | 5.4% | 5.1% |
| Operating income | 1.0% | 4.2% | 3.9% |
| Net income | -1.8% | 4.4% | 3.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 41.6% | 42.1% | 41.5% | 40.7% |
| Operating margin | 11.9% | 12.9% | 13.0% | 13.6% |
| Net margin | 7.6% | 8.5% | 8.6% | 8.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 11.6 | 12.3 | 13.3 | 10.0 | 13.4 | 16.1 | 12.8 | 9.8 | 13.7 | 10.8 |
| Price to sales | 0.9 | 0.9 | 1.1 | 1.1 | 1.2 | 1.4 | 1.3 | 1.0 | 1.2 | 0.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 20 years. Last went ex-dividend on 29 Dec 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 54.50 | 18.50 | 18.50 | 15.00 | 13.50 | 18.00 | 8.00 | 7.00 |
- 200-for-1 split · 13 May 2013
- 5-for-1 split · 25 Nov 2005
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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