A 
937
-0.85%
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
¥36.79bn
FY2017FY2026
Net income
¥3.48bn
FY2017FY2026
Free cash flow
¥7.19bn
FY2017FY2026
Shareholders' equity
¥61.60bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥36.79bn | ¥31.12bn | ¥25.95bn | ¥25.52bn | ¥23.78bn | ¥24.16bn | ¥24.86bn | ¥24.21bn | ¥22.79bn | ¥21.66bn |
| Gross profit | ¥9.09bn | ¥6.77bn | ¥5.28bn | ¥4.61bn | ¥5.37bn | ¥5.71bn | ¥6.23bn | ¥6.11bn | ¥5.93bn | ¥5.60bn |
| Research and development | — | — | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 |
| Operating income | ¥6.72bn | ¥4.47bn | ¥3.18bn | ¥2.50bn | ¥3.28bn | ¥3.83bn | ¥4.19bn | ¥4.13bn | ¥4.10bn | ¥3.83bn |
| Net income | ¥3.48bn | ¥2.58bn | ¥2.02bn | ¥1.56bn | ¥821.4m | −¥933.8m | ¥2.23bn | ¥2.10bn | ¥2.22bn | ¥2.15bn |
| Diluted earnings per share | 70.43 | 51.51 | 40.17 | 31.14 | 16.38 | -18.63 | 44.64 | 42.21 | 44.61 | 41.63 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥112.05bn | ¥108.58bn | ¥110.46bn | ¥100.40bn | ¥102.47bn | ¥100.43bn | ¥104.48bn | ¥101.38bn | ¥87.96bn | ¥87.58bn |
| Cash and short-term investments | ¥13.23bn | ¥7.16bn | ¥10.85bn | ¥8.60bn | ¥9.61bn | ¥6.58bn | ¥6.52bn | ¥5.82bn | ¥4.61bn | ¥5.71bn |
| Total liabilities | ¥47.66bn | ¥45.99bn | ¥6.83bn | ¥43.03bn | ¥47.16bn | ¥45.46bn | ¥48.15bn | ¥45.64bn | ¥33.48bn | ¥34.17bn |
| Debt | ¥27.60bn | ¥27.05bn | ¥1.29bn | ¥27.30bn | ¥30.76bn | ¥34.71bn | ¥36.05bn | ¥33.70bn | ¥23.16bn | ¥23.99bn |
| Shareholders' equity | ¥61.60bn | ¥59.91bn | ¥110.46bn | ¥54.85bn | ¥52.78bn | ¥52.47bn | ¥53.95bn | ¥53.50bn | ¥52.36bn | ¥51.49bn |
| Shares outstanding | 49m | 50m | 50m | 50m | 50m | 50m | 50m | 50m | 50m | 52m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥10.17bn | ¥5.24bn | ¥784.6m | ¥2.02bn | ¥8.47bn | ¥4.76bn | ¥6.90bn | ¥5.18bn | ¥7.15bn | ¥3.02bn |
| Capital spending | −¥2.98bn | −¥3.89bn | −¥2.17bn | −¥2.18bn | −¥957.0m | −¥2.66bn | −¥7.70bn | −¥12.73bn | −¥4.75bn | −¥3.05bn |
| Free cash flow | ¥7.19bn | ¥1.35bn | −¥1.38bn | −¥163.7m | ¥7.51bn | ¥2.10bn | −¥801.9m | −¥7.56bn | ¥2.39bn | −¥24.0m |
| Dividends paid | −¥1.51bn | −¥954.4m | −¥701.8m | −¥700.2m | −¥698.5m | −¥698.1m | −¥697.0m | −¥696.5m | −¥727.2m | −¥619.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥7.01bn | ¥12.55bn | ¥7.07bn | ¥7.72bn | ¥9.45bn | ¥10.10bn | ¥6.92bn | ¥7.42bn |
| Gross profit | ¥5.89bn | ¥2.50bn | ¥914.0m | ¥1.76bn | ¥2.79bn | ¥1.52bn | ¥1.61bn | ¥1.82bn |
| Operating income | ¥1.30bn | ¥1.83bn | ¥1.51bn | ¥1.18bn | ¥2.20bn | ¥878.0m | ¥1.06bn | ¥1.30bn |
| Net income | ¥877.0m | ¥1.51bn | ¥949.0m | −¥519.0m | ¥1.54bn | ¥879.8m | −¥51.0m | ¥917.7m |
| Diluted earnings per share | 17.75 | 30.57 | 18.97 | -10.37 | 30.76 | 17.58 | -1.01 | 18.25 |
| Total assets | ¥110.33bn | ¥112.05bn | ¥113.21bn | ¥109.96bn | ¥109.93bn | ¥108.58bn | ¥108.57bn | ¥111.94bn |
| Cash and short-term investments | ¥7.24bn | ¥13.23bn | ¥8.89bn | ¥6.81bn | ¥6.30bn | ¥7.16bn | ¥9.81bn | ¥10.15bn |
| Debt | ¥2.77bn | ¥27.60bn | ¥11.33bn | ¥5.01bn | ¥4.01bn | ¥27.05bn | ¥3.53bn | ¥30.56bn |
| Shareholders' equity | ¥61.66bn | ¥61.60bn | ¥59.82bn | ¥60.40bn | ¥60.81bn | ¥59.91bn | ¥58.63bn | ¥60.01bn |
Financial ratios
Data as of 17 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 24.7% | 21.8% | 20.3% | 18.1% | 22.6% | 23.7% | — | — |
| Operating margin | 18.3% | 14.4% | 12.3% | 9.8% | 13.8% | 15.9% | — | — |
| Net margin | 9.5% | 8.3% | 7.8% | 6.1% | 3.5% | -3.9% | — | — |
| Return on equity | 5.6% | 4.3% | 1.8% | 2.9% | 1.6% | -1.8% | — | — |
| Return on assets | 3.1% | 2.4% | 1.8% | 1.6% | 0.8% | -0.9% | — | — |
| Free cash flow yield | 27.6% | 18.9% | 6.1% | 8.7% | 19.5% | 15.4% | — | — |
| Revenue growth | 18.2% | 19.9% | 1.7% | 7.3% | -1.6% | -2.8% | — | — |
| Earnings growth | 35.0% | 27.6% | 29.1% | 90.5% | -188.0% | -141.9% | — | — |
| Current ratio | 6.89x | 3.45x | 745.59x | 2.93x | 2.22x | 2.11x | — | — |
| Debt to equity | 0.45x | 0.45x | 0.52x | 0.50x | 0.58x | 0.66x | — | — |
| Equity ratio | 55.0% | 55.2% | 100.0% | 54.6% | 51.5% | 52.2% | — | — |
| Interest coverage | 21.89x | 14.21x | 11.19x | 8.71x | 10.59x | 10.68x | — | — |
| R&D as a share of sales | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Buybacks as a share of market value | 1.3% | 0.5% | -0.1% | -0.2% | -0.0% | -0.4% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 13.0% | 8.8% | 5.9% |
| Operating income | 39.0% | 11.9% | 8.6% |
| Net income | 30.5% | — | 6.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 23.4% | 21.6% | 22.0% | 23.2% |
| Operating margin | 16.5% | 14.1% | 14.3% | 15.3% |
| Net margin | 8.9% | 8.1% | 5.7% | 7.2% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 14.0 | 19.7 | 14.3 | 18.9 | 31.7 | -29.5 | 10.7 | 13.2 | 11.6 | 15.8 |
| Price to sales | 1.3 | 1.6 | 1.1 | 1.2 | 1.1 | 1.1 | 1.0 | 1.1 | 1.1 | 1.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 34 years. Last went ex-dividend on 29 Sept 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 21.00 | 49.00 | 19.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 |
- 1.1-for-1 split · 26 Mar 2002
- 1.1-for-1 split · 28 Mar 2000
- 1.1-for-1 split · 25 Sept 1997
- 1.1-for-1 split · 26 Mar 1996
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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