1,961
+0.98%
Close of 9 Nov 2026, in JPY
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At a glance
Figures in JPY, from our data supplier.
Revenue
¥158.75bn
FY2017FY2026
Net income
¥2.10bn
FY2017FY2026
Free cash flow
¥6.80bn
FY2017FY2026
Shareholders' equity
¥33.39bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥158.75bn | ¥173.01bn | ¥172.49bn | ¥151.67bn | ¥116.52bn | ¥105.72bn | ¥124.18bn | ¥124.18bn | ¥119.51bn | ¥106.33bn |
| Gross profit | ¥8.80bn | ¥8.15bn | ¥7.68bn | ¥7.38bn | ¥7.16bn | ¥5.25bn | ¥6.10bn | ¥6.22bn | ¥6.05bn | ¥5.92bn |
| Operating income | ¥2.51bn | ¥2.51bn | ¥2.53bn | ¥2.36bn | ¥2.48bn | ¥832.4m | ¥1.53bn | ¥1.80bn | ¥1.79bn | ¥1.84bn |
| Net income | ¥2.10bn | ¥1.99bn | ¥1.95bn | ¥1.78bn | ¥1.89bn | ¥627.1m | ¥1.13bn | ¥1.48bn | ¥1.37bn | ¥1.45bn |
| Diluted earnings per share | 214.68 | 206.76 | 212.91 | 181.80 | 192.92 | 64.12 | 115.47 | 146.69 | 128.42 | 136.17 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥83.64bn | ¥87.86bn | ¥91.53bn | ¥88.54bn | ¥75.10bn | ¥59.28bn | ¥60.14bn | ¥61.53bn | ¥61.67bn | ¥53.96bn |
| Cash and short-term investments | ¥9.04bn | ¥5.29bn | ¥3.08bn | ¥2.95bn | ¥2.89bn | ¥6.94bn | ¥6.47bn | ¥4.49bn | ¥8.31bn | ¥8.44bn |
| Total liabilities | ¥50.25bn | ¥56.16bn | ¥61.96bn | ¥62.04bn | ¥49.33bn | ¥35.20bn | ¥37.80bn | ¥39.06bn | ¥39.29bn | ¥32.95bn |
| Debt | ¥28.80bn | ¥31.74bn | ¥34.07bn | ¥35.67bn | ¥28.11bn | ¥19.89bn | ¥22.79bn | ¥12.84bn | ¥12.80bn | ¥12.81bn |
| Shareholders' equity | ¥33.39bn | ¥31.70bn | ¥29.57bn | ¥26.50bn | ¥25.77bn | ¥24.08bn | ¥22.34bn | ¥22.47bn | ¥22.39bn | ¥21.01bn |
| Shares outstanding | 10m | 10m | 9m | 10m | 10m | 10m | 10m | 10m | 11m | 11m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥7.49bn | ¥4.67bn | ¥4.96bn | −¥6.48bn | −¥11.38bn | ¥4.21bn | −¥5.58bn | −¥1.99bn | ¥331.1m | ¥3.04bn |
| Capital spending | −¥688.5m | −¥42.3m | −¥84.2m | −¥85.6m | −¥199.7m | −¥528.0m | −¥1.70bn | −¥1.10bn | −¥242.7m | −¥90.4m |
| Free cash flow | ¥6.80bn | ¥4.62bn | ¥4.88bn | −¥6.56bn | −¥11.58bn | ¥3.68bn | −¥7.27bn | −¥3.09bn | ¥88.4m | ¥2.95bn |
| Dividends paid | −¥1.00bn | −¥897.0m | −¥967.9m | −¥829.7m | −¥635.2m | −¥244.8m | −¥372.8m | −¥395.5m | −¥449.0m | −¥352.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥40.76bn | ¥40.32bn | ¥40.61bn | ¥38.78bn | ¥39.04bn | ¥43.11bn | ¥44.67bn | ¥43.45bn |
| Gross profit | ¥2.25bn | ¥2.26bn | ¥2.19bn | ¥2.30bn | ¥2.05bn | ¥2.05bn | ¥2.12bn | ¥2.13bn |
| Operating income | ¥556.1m | ¥657.6m | ¥550.3m | ¥765.9m | ¥536.0m | ¥591.4m | ¥645.8m | ¥695.9m |
| Net income | ¥559.9m | ¥487.5m | ¥572.4m | ¥529.4m | ¥515.8m | ¥401.5m | ¥575.1m | ¥474.7m |
| Diluted earnings per share | 57.11 | 49.72 | 59.54 | 55.06 | 53.65 | 41.77 | 62.73 | 51.78 |
| Total assets | ¥81.03bn | ¥83.64bn | ¥82.79bn | ¥83.10bn | ¥84.28bn | ¥87.86bn | ¥89.78bn | ¥89.14bn |
| Cash and short-term investments | ¥4.84bn | ¥9.04bn | ¥4.54bn | ¥5.26bn | ¥4.82bn | ¥5.29bn | ¥3.85bn | ¥3.71bn |
| Debt | ¥19.67bn | ¥28.80bn | ¥21.93bn | ¥29.73bn | ¥24.27bn | ¥31.69bn | ¥26.07bn | ¥35.08bn |
| Shareholders' equity | ¥33.41bn | ¥33.39bn | ¥33.15bn | ¥32.43bn | ¥31.63bn | ¥31.70bn | ¥31.75bn | ¥30.13bn |
Financial ratios
Data as of 27 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Gross margin | 5.5% | 4.7% | 4.5% | 4.9% | 6.1% | 5.0% |
| Operating margin | 1.6% | 1.5% | 1.5% | 1.6% | 2.1% | 0.8% |
| Net margin | 1.3% | 1.1% | 1.1% | 1.2% | 1.6% | 0.6% |
| Return on equity | 6.3% | 6.3% | 6.6% | 6.7% | 7.3% | 2.6% |
| Return on assets | 2.5% | 2.3% | 2.1% | 2.0% | 2.5% | 1.1% |
| Free cash flow yield | 35.5% | 22.6% | 25.2% | -30.8% | -54.1% | 20.0% |
| Revenue growth | -8.2% | 0.3% | 13.7% | 30.2% | 10.2% | -14.9% |
| Earnings growth | 5.9% | 1.8% | 9.8% | -5.8% | 200.8% | -44.4% |
| Current ratio | 1.64x | 1.51x | 1.46x | 1.46x | 1.43x | 1.72x |
| Debt to equity | 0.86x | 1.00x | 1.15x | 1.34x | 1.09x | 0.82x |
| Equity ratio | 39.9% | 36.1% | 32.3% | 29.9% | 34.3% | 40.6% |
| Interest coverage | 9.46x | 13.32x | 23.50x | 25.72x | 39.43x | 13.13x |
| Buybacks as a share of market value | -2.0% | -4.9% | 6.2% | 0.0% | 0.0% | -0.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 1.5% | 8.5% | 3.8% |
| Operating income | 2.0% | 24.7% | 3.9% |
| Net income | 5.8% | 27.4% | 6.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 5.1% | 4.9% | 5.1% | 5.1% |
| Operating margin | 1.5% | 1.5% | 1.5% | 1.5% |
| Net margin | 1.2% | 1.2% | 1.2% | 1.2% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Price to earnings | 9.3 | 9.8 | 8.2 | 11.4 | 7.5 |
| Price to sales | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 30 Mar 2026.
| FY2026 | FY2025 | FY2024 | |
|---|---|---|---|
| Paid in the year | 158.00 | 100.00 | 54.00 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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