A 
822
+1.23%
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
¥67.89bn
FY2017FY2026
Net income
¥1.42bn
FY2017FY2026
Free cash flow
−¥2.20bn
FY2017FY2026
Shareholders' equity
¥28.97bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥67.89bn | ¥69.27bn | ¥71.02bn | ¥58.16bn | ¥58.75bn | ¥45.33bn | ¥40.63bn | ¥38.46bn | ¥38.45bn | ¥37.19bn |
| Gross profit | ¥9.92bn | ¥9.12bn | ¥8.42bn | ¥8.75bn | ¥8.89bn | ¥7.08bn | ¥5.97bn | ¥6.16bn | ¥6.42bn | ¥6.17bn |
| Research and development | — | — | — | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 |
| Operating income | ¥2.12bn | ¥1.31bn | ¥946.8m | ¥1.92bn | ¥2.33bn | ¥1.74bn | ¥1.16bn | ¥1.49bn | ¥1.86bn | ¥1.71bn |
| Net income | ¥1.42bn | ¥639.4m | ¥589.1m | ¥1.23bn | ¥1.87bn | ¥1.35bn | ¥862.3m | ¥1.25bn | ¥773.4m | ¥1.28bn |
| Diluted earnings per share | 98.29 | 44.31 | 41.09 | 86.37 | 131.13 | 95.03 | 60.70 | 85.78 | 53.04 | 88.05 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥72.18bn | ¥71.23bn | ¥67.49bn | ¥71.00bn | ¥60.68bn | ¥53.56bn | ¥44.66bn | ¥41.75bn | ¥39.53bn | ¥37.54bn |
| Cash and short-term investments | ¥14.57bn | ¥18.28bn | ¥14.13bn | ¥13.10bn | ¥13.79bn | ¥12.88bn | ¥14.14bn | ¥10.99bn | ¥14.88bn | ¥14.15bn |
| Total liabilities | ¥43.21bn | ¥43.21bn | ¥39.74bn | ¥43.38bn | ¥33.80bn | ¥27.97bn | ¥19.93bn | ¥17.05bn | ¥15.49bn | ¥13.71bn |
| Debt | ¥37.27bn | ¥37.32bn | ¥33.62bn | ¥36.22bn | ¥27.45bn | ¥19.70bn | ¥13.53bn | ¥11.04bn | ¥8.34bn | ¥7.23bn |
| Shareholders' equity | ¥28.97bn | ¥28.02bn | ¥27.75bn | ¥27.62bn | ¥26.89bn | ¥25.59bn | ¥24.73bn | ¥24.69bn | ¥24.04bn | ¥23.83bn |
| Shares outstanding | 14m | 14m | 14m | 14m | 14m | 14m | 14m | 15m | 15m | 15m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −¥1.24bn | ¥4.33bn | ¥3.87bn | −¥4.13bn | −¥6.10bn | ¥532.5m | ¥1.77bn | −¥5.96bn | ¥539.7m | ¥1.48bn |
| Capital spending | −¥958.0m | −¥3.40bn | −¥220.0m | −¥109.8m | −¥91.1m | −¥177.3m | −¥140.6m | −¥143.5m | −¥383.8m | −¥86.5m |
| Free cash flow | −¥2.20bn | ¥921.9m | ¥3.65bn | −¥4.23bn | −¥6.19bn | ¥355.1m | ¥1.63bn | −¥6.10bn | ¥156.0m | ¥1.39bn |
| Dividends paid | −¥550.3m | −¥545.7m | −¥544.0m | −¥542.5m | −¥541.4m | −¥540.5m | −¥554.5m | −¥554.1m | −¥554.0m | −¥554.8m |
Latest quarters
By quarter end
| Aug 2026 | May 2026 | Feb 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥26.85bn | ¥15.51bn | ¥14.11bn | ¥11.41bn | ¥25.74bn | ¥16.56bn | ¥14.24bn | ¥12.74bn |
| Gross profit | ¥3.71bn | ¥2.14bn | ¥1.97bn | ¥1.76bn | ¥3.50bn | ¥2.23bn | ¥1.86bn | ¥1.52bn |
| Operating income | ¥2.32bn | ¥152.2m | ¥310.0m | −¥12.9m | ¥1.23bn | ¥280.2m | ¥93.5m | −¥293.4m |
| Net income | ¥1.07bn | −¥7.0m | ¥136.0m | ¥221.9m | ¥779.9m | ¥190.5m | −¥60.9m | −¥270.0m |
| Diluted earnings per share | 74.07 | -0.48 | 9.39 | 15.38 | 54.04 | 13.20 | -4.22 | -18.83 |
| Cash from operations | — | — | — | — | ¥4.33bn | — | — | — |
| Capital spending | — | — | — | — | −¥3.40bn | — | — | — |
| Free cash flow | — | — | — | — | ¥922.0m | — | — | — |
| Total assets | ¥72.18bn | ¥70.80bn | ¥69.74bn | ¥71.34bn | ¥71.23bn | ¥72.12bn | ¥69.72bn | ¥66.02bn |
| Cash and short-term investments | ¥14.57bn | ¥12.03bn | ¥12.03bn | ¥15.91bn | ¥18.28bn | ¥12.54bn | ¥10.96bn | ¥11.39bn |
| Debt | ¥25.17bn | ¥23.82bn | ¥36.29bn | ¥27.28bn | ¥37.30bn | ¥27.57bn | ¥36.08bn | ¥19.25bn |
| Shareholders' equity | ¥28.97bn | ¥27.82bn | ¥28.20bn | ¥27.90bn | ¥28.02bn | ¥27.19bn | ¥27.24bn | ¥27.21bn |
Financial ratios
Data as of 3 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 13.2% | 11.9% | 15.1% | 15.1% | 15.6% | 14.7% | — | — |
| Operating margin | 1.9% | 1.7% | 3.3% | 4.2% | 4.1% | 3.1% | — | — |
| Net margin | 0.9% | 0.8% | 2.1% | 3.2% | 3.0% | 2.1% | — | — |
| Return on equity | 2.3% | 2.1% | 4.5% | 7.0% | 5.3% | 3.5% | — | — |
| Return on assets | 0.9% | 0.9% | 1.7% | 3.1% | 2.5% | 1.9% | — | — |
| Free cash flow yield | 65.4% | 34.8% | -34.3% | -51.4% | 6.1% | 16.4% | — | — |
| Revenue growth | -2.5% | 22.1% | -1.0% | 29.6% | 11.6% | 5.6% | — | — |
| Earnings growth | 8.5% | -52.3% | -34.0% | 38.3% | 56.9% | -31.1% | — | — |
| Current ratio | 0.83x | 0.76x | 0.58x | 1.83x | 1.03x | 2.89x | — | — |
| Debt to equity | 1.33x | 1.21x | 1.31x | 1.02x | 0.77x | 0.55x | — | — |
| Equity ratio | 39.3% | 41.1% | 38.9% | 44.3% | 47.8% | 55.4% | — | — |
| Interest coverage | 3.47x | 4.79x | 9.98x | 15.84x | 15.53x | 14.10x | — | — |
| 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 | -0.7% | -0.3% | -0.2% | -0.2% | -0.2% | 2.6% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 5.3% | 8.4% | 6.9% |
| Operating income | 3.3% | 4.0% | 4.5% |
| Net income | 4.9% | 1.0% | 5.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 13.9% | 13.6% | 14.1% | 14.7% |
| Operating margin | 2.5% | 2.4% | 2.8% | 3.2% |
| Net margin | 1.5% | 1.5% | 1.9% | 2.2% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 8.3 | 19.5 | 19.3 | 10.2 | 6.0 | 9.3 | 14.0 | 11.9 | 17.7 | 13.7 |
| Price to sales | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.4 | 0.4 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 26 years. Last went ex-dividend on 26 Feb 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 19.00 | 57.00 | 38.00 | 38.00 | 38.00 | 38.00 | 38.00 | 38.00 |
- 100-for-1 split · 26 Feb 2013
- 2-for-1 split · 23 Feb 2005
- 2-for-1 split · 26 Aug 2004
- 2-for-1 split · 26 Aug 2003
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.