N 
735
-2.00%
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
¥7.42bn
FY2017FY2026
Net income
¥37.7m
FY2017FY2026
Free cash flow
¥329.7m
FY2017FY2026
Shareholders' equity
¥2.44bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥7.42bn | ¥7.28bn | ¥7.77bn | ¥7.99bn | ¥7.49bn | ¥7.26bn | ¥8.23bn | ¥8.12bn | ¥8.08bn | ¥7.54bn |
| Gross profit | ¥2.54bn | ¥2.64bn | ¥2.91bn | ¥3.09bn | ¥2.84bn | ¥2.87bn | ¥3.12bn | ¥3.14bn | ¥3.09bn | ¥2.86bn |
| Research and development | — | ¥623.4m | ¥751.6m | ¥739.6m | ¥569.7m | ¥595.2m | ¥639.0m | ¥788.9m | ¥648.8m | ¥457.1m |
| Operating income | ¥70.6m | ¥63.4m | ¥54.9m | ¥388.2m | ¥263.9m | ¥246.4m | ¥253.5m | ¥136.1m | ¥229.4m | ¥269.5m |
| Net income | ¥37.7m | −¥280.2m | ¥65.0m | ¥285.2m | ¥219.0m | ¥168.0m | ¥189.3m | ¥52.5m | ¥150.1m | ¥147.8m |
| Diluted earnings per share | 39.42 | -292.62 | 67.87 | 297.82 | 228.73 | 155.93 | 158.11 | 43.87 | 125.37 | 123.42 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥5.89bn | ¥6.03bn | ¥6.91bn | ¥7.22bn | ¥6.59bn | ¥6.55bn | ¥6.91bn | ¥6.92bn | ¥6.82bn | ¥6.80bn |
| Cash and short-term investments | ¥592.6m | ¥521.4m | ¥528.5m | ¥532.3m | ¥432.3m | ¥589.1m | ¥609.0m | ¥458.3m | ¥320.4m | ¥380.7m |
| Total liabilities | ¥3.44bn | ¥3.69bn | ¥4.28bn | ¥4.61bn | ¥4.23bn | ¥4.03bn | ¥4.52bn | ¥4.72bn | ¥4.63bn | ¥4.73bn |
| Debt | ¥1.75bn | ¥1.93bn | ¥1.99bn | ¥2.14bn | ¥1.72bn | ¥1.75bn | ¥1.70bn | ¥2.07bn | ¥1.93bn | ¥1.98bn |
| Shareholders' equity | ¥2.44bn | ¥2.33bn | ¥2.63bn | ¥2.61bn | ¥2.36bn | ¥2.53bn | ¥2.39bn | ¥2.19bn | ¥2.19bn | ¥2.07bn |
| 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 | ¥385.8m | ¥170.9m | ¥217.9m | −¥10.1m | ¥446.5m | ¥82.4m | ¥697.8m | ¥238.7m | ¥238.2m | −¥216.4m |
| Capital spending | −¥56.1m | −¥51.2m | −¥85.9m | −¥243.1m | −¥220.2m | −¥64.0m | −¥131.0m | −¥167.9m | −¥126.3m | −¥132.0m |
| Free cash flow | ¥329.7m | ¥119.7m | ¥132.0m | −¥253.3m | ¥226.2m | ¥18.4m | ¥566.8m | ¥70.8m | ¥111.9m | −¥348.4m |
| Dividends paid | −¥6,000 | −¥30.7m | −¥57.1m | −¥36.3m | −¥35.9m | −¥35.7m | −¥35.9m | −¥36.0m | −¥35.9m | −¥23.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥1.24bn | ¥1.93bn | ¥2.38bn | ¥2.09bn | ¥1.02bn | ¥1.80bn | ¥2.32bn | ¥2.09bn |
| Gross profit | ¥395.0m | ¥634.5m | ¥902.5m | ¥666.7m | ¥341.3m | ¥635.8m | ¥848.5m | ¥688.0m |
| Operating income | −¥189.0m | −¥25.3m | ¥295.6m | ¥56.6m | −¥256.4m | ¥30.4m | ¥236.5m | ¥34.1m |
| Net income | −¥201.8m | −¥51.3m | ¥295.1m | ¥53.9m | −¥260.0m | −¥290.5m | ¥158.1m | ¥13.4m |
| Diluted earnings per share | -210.78 | -53.55 | 308.19 | 56.31 | -271.55 | -303.44 | 165.07 | 13.96 |
| Total assets | ¥5.57bn | ¥5.89bn | ¥6.48bn | ¥5.71bn | ¥5.53bn | ¥6.03bn | ¥6.95bn | ¥6.49bn |
| Cash and short-term investments | ¥933.5m | ¥592.6m | ¥473.3m | ¥677.0m | ¥790.5m | ¥521.4m | ¥390.7m | ¥568.2m |
| Debt | ¥1.68bn | ¥1.75bn | ¥1.93bn | ¥1.65bn | ¥1.62bn | ¥1.93bn | ¥2.10bn | ¥1.87bn |
| Shareholders' equity | ¥2.24bn | ¥2.44bn | ¥2.42bn | ¥2.14bn | ¥2.07bn | ¥2.33bn | ¥2.58bn | ¥2.42bn |
Financial ratios
Data as of 2 Nov 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 34.3% | 36.3% | 37.4% | 38.7% | 38.0% | 39.5% | — |
| Operating margin | 1.0% | 0.5% | 0.4% | 4.9% | 3.5% | 3.4% | — |
| Net margin | 0.5% | -3.8% | 0.8% | 3.6% | 2.9% | 2.3% | — |
| Return on equity | 1.5% | -12.0% | 2.5% | 10.9% | 9.3% | 6.7% | — |
| Return on assets | 0.6% | -4.6% | 0.9% | 3.9% | 3.3% | 2.6% | — |
| Free cash flow yield | 65.6% | 32.9% | 45.1% | 34.6% | 98.9% | 19.3% | — |
| Revenue growth | 1.9% | -6.4% | -2.7% | 6.8% | 3.1% | -11.9% | — |
| Earnings growth | -113.5% | -531.2% | -77.2% | 30.2% | 30.3% | -11.3% | — |
| Current ratio | 1.68x | 1.72x | 1.73x | 1.77x | 1.77x | 1.90x | — |
| Debt to equity | 0.72x | 0.83x | 0.76x | 0.82x | 0.73x | 0.69x | — |
| Equity ratio | 41.5% | 38.7% | 38.0% | 36.1% | 35.8% | 38.5% | — |
| Interest coverage | 2.48x | 1.57x | 1.74x | 20.64x | 16.80x | 14.44x | — |
| R&D as a share of sales | — | 8.6% | 9.7% | 9.3% | 7.6% | 8.2% | 7.8% |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | 0.0% | 11.1% | 10.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -2.5% | 0.4% | -0.2% |
| Operating income | -43.3% | -22.1% | -8.6% |
| Net income | -49.0% | -25.8% | -5.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 35.3% | 36.7% | 37.4% | 37.6% |
| Operating margin | 0.9% | 1.9% | 2.4% | 2.5% |
| Net margin | -1.6% | 0.4% | 1.1% | 1.3% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 19.0 | -5.0 | 23.3 | 4.8 | 6.3 | 7.9 | 8.5 | 34.3 | 11.6 | 24.9 |
| Price to sales | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 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 | 12.00 | 40.00 | 60.00 | 38.00 | 30.00 | 30.00 | 30.00 | 30.00 |
- 10-to-1 reverse split · 26 Sept 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.