H 
110
+3.77%
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
¥10.27bn
FY2017FY2026
Net income
−¥27.6m
FY2017FY2026
Free cash flow
¥506.0m
FY2017FY2026
Shareholders' equity
¥5.89bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥10.27bn | ¥10.22bn | ¥10.98bn | ¥12.89bn | ¥10.78bn | ¥9.11bn | ¥10.54bn | ¥11.37bn | ¥11.26bn | ¥11.50bn |
| Gross profit | ¥1.39bn | ¥1.34bn | ¥1.54bn | ¥1.98bn | ¥1.74bn | ¥1.25bn | ¥1.44bn | ¥1.55bn | ¥1.86bn | ¥2.02bn |
| Research and development | — | ¥105.1m | ¥132.6m | ¥66.4m | ¥61.3m | ¥45.4m | ¥49.6m | ¥59.2m | ¥56.2m | ¥41.1m |
| Operating income | −¥37.1m | −¥68.4m | ¥126.9m | ¥489.5m | ¥456.3m | ¥150.0m | ¥222.1m | ¥319.4m | ¥618.3m | ¥800.9m |
| Net income | −¥27.6m | ¥20.3m | ¥158.7m | ¥332.4m | ¥377.3m | ¥173.7m | ¥154.2m | ¥245.5m | ¥445.3m | ¥772.5m |
| Diluted earnings per share | -0.97 | 0.72 | 5.60 | 11.72 | 13.31 | 6.13 | 5.44 | 8.66 | 15.71 | 27.25 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥13.07bn | ¥13.73bn | ¥14.34bn | ¥14.38bn | ¥13.60bn | ¥12.68bn | ¥12.38bn | ¥12.94bn | ¥12.97bn | ¥11.82bn |
| Cash and short-term investments | ¥1.67bn | ¥1.68bn | ¥1.71bn | ¥1.67bn | ¥1.67bn | ¥1.81bn | ¥1.71bn | ¥1.66bn | ¥1.76bn | ¥1.76bn |
| Total liabilities | ¥7.18bn | ¥7.91bn | ¥8.40bn | ¥8.59bn | ¥8.07bn | ¥7.43bn | ¥7.32bn | ¥7.90bn | ¥8.05bn | ¥7.17bn |
| Debt | ¥4.57bn | ¥5.02bn | ¥5.05bn | ¥5.08bn | ¥5.10bn | ¥5.13bn | ¥4.66bn | ¥4.51bn | ¥4.44bn | ¥3.98bn |
| Shareholders' equity | ¥5.89bn | ¥5.82bn | ¥5.94bn | ¥5.79bn | ¥5.54bn | ¥5.25bn | ¥5.05bn | ¥5.03bn | ¥4.92bn | ¥4.65bn |
| Shares outstanding | 28m | 28m | 28m | 28m | 28m | 28m | 28m | 28m | 28m | 28m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥923.5m | ¥268.7m | ¥259.5m | ¥463.7m | ¥176.2m | ¥244.2m | ¥160.6m | ¥418.1m | ¥75.3m | ¥1.52bn |
| Capital spending | −¥417.5m | −¥329.0m | −¥132.4m | −¥320.3m | −¥235.7m | −¥650.4m | −¥170.8m | −¥482.0m | −¥355.7m | −¥564.5m |
| Free cash flow | ¥506.0m | −¥60.4m | ¥127.1m | ¥143.4m | −¥59.6m | −¥406.2m | −¥10.2m | −¥63.9m | −¥280.4m | ¥951.3m |
| Dividends paid | −¥56.7m | −¥56.7m | −¥113.4m | −¥113.4m | −¥42.5m | −¥56.7m | −¥70.9m | −¥99.2m | −¥184.3m | −¥113.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥2.80bn | ¥2.52bn | ¥2.68bn | ¥2.61bn | ¥2.46bn | ¥2.55bn | ¥2.84bn | ¥2.46bn |
| Gross profit | ¥420.4m | ¥388.5m | ¥399.3m | ¥298.5m | ¥300.8m | ¥306.8m | ¥396.1m | ¥295.7m |
| Operating income | ¥40.1m | ¥55.5m | ¥40.0m | −¥49.1m | −¥83.4m | −¥38.7m | ¥19.2m | −¥51.5m |
| Net income | ¥24.5m | ¥34.5m | ¥28.7m | −¥39.4m | −¥51.5m | ¥24.5m | ¥32.0m | −¥35.1m |
| Diluted earnings per share | 0.86 | 1.22 | 1.01 | -1.39 | -1.82 | 0.86 | 1.13 | -1.24 |
| Total assets | ¥13.27bn | ¥13.07bn | ¥14.06bn | ¥13.55bn | ¥13.63bn | ¥13.73bn | ¥14.18bn | ¥13.48bn |
| Cash and short-term investments | ¥1.90bn | ¥1.67bn | ¥1.66bn | ¥1.67bn | ¥1.66bn | ¥1.68bn | ¥1.60bn | ¥1.66bn |
| Debt | ¥2.07bn | ¥4.57bn | ¥2.93bn | ¥4.97bn | ¥2.45bn | ¥5.02bn | ¥3.19bn | ¥5.07bn |
| Shareholders' equity | ¥5.87bn | ¥5.89bn | ¥5.82bn | ¥5.75bn | ¥5.73bn | ¥5.82bn | ¥5.88bn | ¥5.78bn |
Financial ratios
Data as of 23 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 13.5% | 13.1% | 14.0% | 15.3% | 16.1% | 13.7% | — |
| Operating margin | 0.1% | 0.7% | 2.2% | 3.5% | 4.8% | 1.4% | — |
| Net margin | -0.3% | 0.2% | 1.4% | 2.6% | 3.5% | 1.9% | — |
| Return on equity | -0.5% | 0.3% | 2.7% | 5.7% | 6.8% | 3.3% | — |
| Return on assets | -0.2% | 0.1% | 1.1% | 2.3% | 2.8% | 1.4% | — |
| Free cash flow yield | 42.6% | 19.0% | 12.5% | 24.9% | 13.1% | 28.4% | — |
| Revenue growth | 0.4% | -6.9% | -14.8% | 19.6% | 18.3% | -13.6% | — |
| Earnings growth | -235.6% | -87.2% | -52.2% | -11.9% | 117.2% | 12.7% | — |
| Current ratio | 1.33x | 1.32x | 1.31x | 1.30x | 1.38x | 1.50x | — |
| Debt to equity | 0.78x | 0.86x | 0.85x | 0.88x | 0.92x | 0.98x | — |
| Equity ratio | 45.1% | 42.4% | 41.5% | 40.3% | 40.7% | 41.4% | — |
| Interest coverage | 0.22x | 2.28x | 11.40x | 23.13x | 26.87x | 6.27x | — |
| R&D as a share of sales | — | 1.0% | 1.2% | 0.5% | 0.6% | 0.5% | 0.5% |
| 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 | -7.3% | 2.4% | -0.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 13.3% | 14.1% | 14.4% | 14.7% |
| Operating margin | -0.5% | 1.2% | 1.7% | 2.8% |
| Net margin | -0.0% | 1.1% | 1.6% | 2.5% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -113.1 | 154.7 | 18.8 | 9.7 | 11.2 | 25.9 | 20.0 | 17.9 | 8.5 | 7.4 |
| Price to sales | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.5 | 0.3 | 0.4 | 0.3 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 13 years. Last went ex-dividend on 30 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 4.00 | 2.00 | 4.00 | 4.00 | 1.50 | 2.00 | 2.50 | 3.50 |
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.