M 
773
+1.31%
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
¥2.13bn
FY2017FY2026
Net income
¥156.0m
FY2017FY2026
Free cash flow
−¥315.3m
FY2017FY2026
Shareholders' equity
¥996.4m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥2.13bn | ¥2.17bn | ¥2.21bn | ¥2.24bn | ¥2.35bn | ¥2.27bn | ¥2.82bn | ¥2.84bn | ¥2.76bn | ¥2.81bn |
| Gross profit | ¥351.5m | ¥238.7m | ¥326.7m | ¥445.2m | ¥246.4m | ¥110.0m | ¥474.5m | ¥443.2m | ¥367.8m | ¥498.3m |
| Operating income | ¥190.6m | −¥265.2m | −¥146.3m | ¥14.8m | −¥207.9m | −¥365.3m | −¥28.5m | −¥71.2m | −¥157.7m | −¥27.9m |
| Net income | ¥156.0m | −¥653.4m | −¥86.6m | ¥74.4m | −¥1.29bn | −¥389.1m | ¥7.9m | −¥49.9m | −¥148.2m | ¥14.1m |
| Diluted earnings per share | 137.76 | -577.12 | -76.50 | 65.74 | -1,136.87 | -343.61 | 7.00 | -44.09 | -130.91 | 12.43 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥2.37bn | ¥2.09bn | ¥2.84bn | ¥2.83bn | ¥2.65bn | ¥4.23bn | ¥4.35bn | ¥4.53bn | ¥4.64bn | ¥4.74bn |
| Cash and short-term investments | ¥676.7m | ¥219.8m | ¥557.4m | ¥983.0m | ¥948.1m | ¥758.2m | ¥1.30bn | ¥1.40bn | ¥1.27bn | ¥1.44bn |
| Total liabilities | ¥1.37bn | ¥1.26bn | ¥1.38bn | ¥1.31bn | ¥1.21bn | ¥1.46bn | ¥1.16bn | ¥1.24bn | ¥1.24bn | ¥1.19bn |
| Debt | ¥696.8m | ¥348.3m | ¥487.2m | ¥400.0m | ¥100.0m | — | — | — | — | — |
| Shareholders' equity | ¥996.4m | ¥825.2m | ¥1.46bn | ¥1.51bn | ¥1.44bn | ¥2.77bn | ¥3.19bn | ¥3.29bn | ¥3.40bn | ¥3.55bn |
| Shares outstanding | 1m | 1m | 1m | 1m | 1m | 1m | 1m | 1m | 1m | 1m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −¥281.4m | −¥136.4m | −¥68.9m | −¥74.0m | ¥136.6m | −¥74.9m | ¥78.9m | ¥213.7m | ¥183.5m | ¥242.4m |
| Capital spending | −¥33.9m | −¥48.0m | −¥129.8m | −¥219.6m | −¥4.3m | −¥406.7m | −¥244.2m | −¥42.7m | −¥301.1m | −¥673.9m |
| Free cash flow | −¥315.3m | −¥184.5m | −¥198.7m | −¥293.6m | ¥132.3m | −¥481.6m | −¥165.3m | ¥171.0m | −¥117.6m | −¥431.5m |
| Dividends paid | −¥2,000 | −¥72,000 | −¥50,000 | −¥169,000 | −¥37.7m | −¥37.8m | −¥37.7m | −¥37.8m | −¥37.7m | −¥37.9m |
Latest quarters
By quarter end
| Jul 2026 | Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥380.5m | ¥1.47bn | ¥115.2m | ¥159.8m | ¥382.9m | ¥1.46bn | ¥142.7m | ¥153.5m |
| Gross profit | ¥19.4m | ¥487.7m | ¥39.0m | −¥170.0m | −¥5.3m | ¥428.4m | ¥54.6m | −¥210.3m |
| Operating income | −¥96.6m | ¥411.1m | −¥115.1m | −¥296.4m | −¥139.0m | ¥307.2m | −¥74.7m | −¥329.0m |
| Net income | −¥100.3m | ¥383.6m | ¥40.9m | −¥132.4m | −¥136.2m | −¥86.1m | −¥75.6m | −¥326.3m |
| Diluted earnings per share | -88.60 | 338.87 | 36.12 | -116.93 | -120.31 | -76.09 | -66.76 | -288.26 |
| Total assets | ¥2.08bn | ¥2.37bn | ¥2.53bn | ¥2.05bn | ¥2.13bn | ¥2.09bn | ¥2.85bn | ¥2.39bn |
| Cash and short-term investments | ¥313.9m | ¥676.7m | ¥563.0m | ¥362.1m | ¥233.3m | ¥219.8m | ¥184.8m | ¥186.6m |
| Debt | ¥253.6m | ¥485.8m | ¥653.1m | ¥688.3m | ¥451.0m | ¥90.8m | ¥649.0m | ¥457.7m |
| Shareholders' equity | ¥915.5m | ¥996.4m | ¥591.8m | ¥524.1m | ¥707.0m | ¥825.2m | ¥901.6m | ¥967.3m |
Financial ratios
Data as of 3 Nov 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Gross margin | 16.5% | 11.0% | 14.8% | 19.8% | 10.5% | 4.8% |
| Operating margin | -7.5% | -12.2% | -6.6% | 0.6% | -8.8% | -16.1% |
| Net margin | 7.3% | -30.1% | -3.9% | 3.3% | -54.8% | -17.1% |
| Return on equity | 15.7% | -79.2% | -5.9% | 4.9% | -89.4% | -14.1% |
| Return on assets | 6.6% | -31.3% | -3.1% | 2.6% | -48.6% | -9.2% |
| Free cash flow yield | -26.7% | -9.5% | 6.6% | 15.7% | 15.2% | 35.7% |
| Revenue growth | -2.0% | -2.0% | -1.3% | -4.6% | 3.5% | -19.5% |
| Earnings growth | -123.9% | 654.4% | -216.4% | -105.8% | 230.8% | -5011.1% |
| Current ratio | 1.48x | 0.84x | 1.31x | 1.51x | 1.84x | 2.11x |
| Debt to equity | 0.49x | 0.11x | 0.13x | 0.26x | 0.07x | 0.00x |
| Equity ratio | 42.1% | 39.6% | 51.5% | 53.6% | 54.3% | 65.5% |
| Interest coverage | -4.84x | -13.46x | -15.40x | 33.26x | -1495.74x | -1808.29x |
| 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 | -1.8% | -1.3% | -2.5% |
| Operating income | 134.6% | — | — |
| Net income | 28.0% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 13.7% | 15.6% | 12.9% | 14.6% |
| Operating margin | -1.7% | -2.4% | -5.8% | -4.1% |
| Net margin | -11.6% | -5.8% | -16.3% | -8.9% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 5.7 | -1.2 | -11.1 | 51.6 | -1.6 | -1.8 | 121.5 | -18.5 | -6.8 | 91.7 |
| Price to sales | 0.4 | 0.4 | 0.4 | 1.7 | 0.8 | 0.3 | 0.3 | 0.3 | 0.4 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 28 Apr 2021.
| FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 33.333 | 33.333 | 33.333 | 33.333 | 33.333 | 33.333 | 33.333 | 33.333 |
- 3-for-1 split · 30 Oct 2023
- 10-to-1 reverse split · 27 Oct 2017
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.