A 
537
+0.56%
Close of 9 Nov 2026, in JPY
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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, before interest expense
¥69.08bn
FY2017FY2026
Net income
¥4.05bn
FY2017FY2026
Total assets
¥103.86bn
FY2017FY2026
Shareholders' equity
¥21.02bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | ¥69.08bn | ¥56.48bn | ¥46.68bn | ¥39.34bn | ¥35.31bn | ¥39.09bn | ¥34.42bn | ¥35.74bn | ¥22.65bn | ¥4.31bn |
| Research and development | — | — | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 | — | — | — |
| Operating income | ¥6.75bn | ¥4.39bn | ¥4.21bn | ¥1.80bn | ¥1.57bn | ¥2.59bn | ¥2.44bn | ¥1.84bn | ¥1.75bn | −¥458.8m |
| Net income | ¥4.05bn | ¥2.63bn | ¥2.54bn | ¥780.9m | ¥1.01bn | ¥1.43bn | ¥1.42bn | ¥1.03bn | ¥1.72bn | ¥239.1m |
| Diluted earnings per share | 133.89 | 86.95 | 83.81 | 25.58 | 32.75 | 46.46 | 46.04 | 33.24 | 56.74 | 8.45 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥103.86bn | ¥92.04bn | ¥92.13bn | ¥69.28bn | ¥64.18bn | ¥61.66bn | ¥58.79bn | ¥54.54bn | ¥53.65bn | ¥27.87bn |
| Cash and short-term investments | ¥15.09bn | ¥19.75bn | ¥47.52bn | ¥12.49bn | ¥14.08bn | ¥17.34bn | ¥16.77bn | — | — | — |
| Total liabilities | ¥82.17bn | ¥73.18bn | ¥75.38bn | ¥54.42bn | ¥49.41bn | ¥47.87bn | ¥45.32bn | ¥42.14bn | ¥41.18bn | ¥18.84bn |
| Debt | ¥43.32bn | ¥42.57bn | ¥42.64bn | ¥33.65bn | ¥31.55bn | ¥29.95bn | ¥32.61bn | ¥33.16bn | ¥31.12bn | ¥11.05bn |
| Shareholders' equity | ¥21.02bn | ¥17.87bn | ¥16.15bn | ¥14.31bn | ¥14.10bn | ¥13.78bn | ¥13.40bn | ¥12.34bn | ¥10.80bn | ¥7.87bn |
| Shares outstanding | 30m | 30m | 30m | 31m | 31m | 31m | 31m | 31m | 30m | 28m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | ¥14.50bn | ¥20.53bn | ¥19.07bn | ¥16.50bn | ¥12.98bn | ¥15.47bn | ¥15.29bn | ¥13.61bn |
| Operating income | ¥1.25bn | ¥2.33bn | ¥1.84bn | ¥1.64bn | ¥914.0m | ¥1.17bn | ¥1.08bn | ¥752.0m |
| Net income | ¥632.7m | ¥1.51bn | ¥1.14bn | ¥928.7m | ¥475.0m | ¥1.02bn | ¥621.0m | ¥488.0m |
| Diluted earnings per share | 20.90 | 49.75 | 37.75 | 30.68 | 15.69 | 33.69 | 20.50 | 16.11 |
| Total assets | ¥111.90bn | ¥103.86bn | ¥115.28bn | ¥114.73bn | ¥106.23bn | ¥92.04bn | ¥106.13bn | ¥91.60bn |
| Cash and short-term investments | ¥17.75bn | ¥14.63bn | ¥25.57bn | ¥25.94bn | ¥52.63bn | ¥19.75bn | ¥56.43bn | ¥20.76bn |
| Debt | ¥33.77bn | ¥43.32bn | ¥37.67bn | ¥49.26bn | ¥35.45bn | ¥42.47bn | ¥32.95bn | ¥41.25bn |
| Shareholders' equity | ¥21.07bn | ¥21.02bn | ¥19.49bn | ¥18.76bn | ¥17.80bn | ¥17.87bn | ¥16.89bn | ¥16.65bn |
Financial ratios
Data as of 27 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Operating margin | 9.8% | 7.8% | 9.0% | 4.6% | 4.4% | 6.6% | — |
| Net margin | 5.9% | 4.7% | 5.4% | 2.0% | 2.9% | 3.7% | — |
| Return on equity | 19.3% | 14.7% | 15.7% | 5.5% | 7.1% | 10.4% | — |
| Return on assets | 3.9% | 2.9% | 2.8% | 1.1% | 1.6% | 2.3% | — |
| Revenue growth | 22.3% | 21.0% | 18.7% | 11.4% | -9.7% | 13.6% | — |
| Earnings growth | 54.0% | 3.7% | 225.1% | -22.5% | -29.5% | 0.9% | — |
| Current ratio | 0.31x | 1.40x | 1.29x | 1.40x | 1.49x | 1.49x | — |
| Debt to equity | 2.06x | 2.38x | 2.64x | 2.35x | 2.24x | 2.17x | — |
| Equity ratio | 20.2% | 19.4% | 17.5% | 20.7% | 22.0% | 22.4% | — |
| Interest coverage | 9.87x | 8.49x | 9.57x | 4.22x | 4.26x | 6.92x | — |
| R&D as a share of sales | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Buybacks as a share of market value | 0.0% | 0.1% | 0.8% | 0.8% | 0.0% | 0.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 20.6% | 12.1% | 29.1% |
| Operating income | 55.3% | 21.1% | 36.3% |
| Net income | 73.1% | 23.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 8.9% | 8.1% | 7.5% | 7.0% |
| Net margin | 5.3% | 4.7% | 4.4% | 4.0% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 4.0 | 6.8 | 5.3 | 17.3 | 9.4 | 7.7 | 6.4 | 11.6 | 5.1 | 61.1 |
| Price to sales | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 3.4 |
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 | 42.00 | 22.50 | 19.00 | 18.00 | 19.00 | 19.50 | 17.00 | 20.00 |
- 2-for-1 split · 6 Mar 2014
- 10-to-1 reverse split · 7 Jan 2013
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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