B 
441
+1.61%
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
¥33.52bn
FY2018FY2025
Net income
¥1.40bn
FY2018FY2025
Free cash flow
¥187.0m
FY2018FY2025
Shareholders' equity
¥8.14bn
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥33.52bn | ¥30.19bn | ¥26.32bn | ¥23.02bn | ¥20.03bn | ¥18.39bn | ¥16.22bn | ¥13.77bn |
| Gross profit | ¥3.78bn | ¥3.61bn | ¥3.06bn | ¥2.50bn | ¥2.26bn | ¥1.82bn | ¥1.63bn | ¥1.24bn |
| Operating income | ¥2.31bn | ¥2.24bn | ¥1.80bn | ¥1.30bn | ¥1.12bn | ¥756.0m | ¥541.0m | ¥341.0m |
| Net income | ¥1.40bn | ¥1.38bn | ¥1.12bn | ¥873.0m | ¥852.0m | ¥471.0m | ¥410.0m | ¥116.0m |
| Diluted earnings per share | 58.18 | 57.06 | 46.71 | 36.40 | 35.59 | 20.75 | 17.01 | 4.81 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | ¥20.27bn | ¥18.22bn | ¥16.84bn | ¥14.56bn | ¥14.09bn | ¥13.60bn | ¥11.39bn | ¥11.01bn |
| Cash and short-term investments | ¥5.00bn | ¥4.95bn | ¥4.22bn | ¥3.75bn | ¥3.94bn | ¥4.42bn | ¥2.69bn | ¥2.53bn |
| Total liabilities | ¥11.60bn | ¥10.72bn | ¥10.63bn | ¥9.45bn | ¥9.79bn | ¥10.09bn | ¥9.42bn | ¥9.45bn |
| Debt | ¥6.78bn | ¥5.94bn | ¥6.33bn | ¥5.59bn | ¥6.20bn | ¥6.66bn | ¥6.38bn | ¥6.83bn |
| Shareholders' equity | ¥8.14bn | ¥7.10bn | ¥5.92bn | ¥4.91bn | ¥4.15bn | ¥3.38bn | ¥1.86bn | ¥1.48bn |
| Shares outstanding | 24m | 24m | 24m | 24m | 24m | 23m | 24m | 24m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥2.21bn | ¥2.45bn | ¥1.90bn | ¥1.27bn | ¥1.54bn | ¥1.07bn | ¥1.22bn | ¥703.0m |
| Capital spending | −¥2.02bn | −¥789.0m | −¥1.49bn | −¥618.0m | −¥1.23bn | −¥68.0m | −¥251.0m | −¥903.0m |
| Free cash flow | ¥187.0m | ¥1.67bn | ¥401.0m | ¥651.0m | ¥307.0m | ¥1.01bn | ¥971.0m | −¥200.0m |
| Dividends paid | −¥373.0m | −¥202.0m | −¥152.0m | −¥133.0m | −¥113.0m | −¥45.0m | −¥43.0m | −¥42.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥9.15bn | ¥8.36bn | ¥8.95bn | ¥8.74bn | ¥8.27bn | ¥7.55bn | ¥8.01bn | ¥7.73bn |
| Gross profit | ¥955.0m | ¥755.0m | ¥955.0m | ¥942.0m | ¥984.0m | ¥901.0m | ¥1.13bn | ¥894.0m |
| Operating income | ¥598.0m | ¥389.0m | ¥564.0m | ¥572.0m | ¥623.0m | ¥546.0m | ¥756.0m | ¥568.0m |
| Net income | ¥355.0m | ¥190.0m | ¥348.0m | ¥339.0m | ¥385.0m | ¥330.0m | ¥465.0m | ¥363.0m |
| Diluted earnings per share | 14.73 | 7.88 | 14.44 | 14.07 | 15.98 | 13.69 | 19.30 | 15.06 |
| Total assets | ¥19.81bn | ¥19.37bn | ¥20.27bn | ¥18.85bn | ¥18.59bn | ¥19.04bn | ¥18.22bn | ¥16.54bn |
| Cash and short-term investments | ¥4.99bn | ¥4.61bn | ¥5.00bn | ¥3.79bn | ¥3.82bn | ¥5.87bn | ¥4.95bn | ¥4.06bn |
| Debt | ¥5.94bn | ¥1.76bn | ¥6.33bn | ¥1.65bn | ¥6.31bn | ¥2.32bn | ¥1.94bn | ¥2.04bn |
| Shareholders' equity | ¥8.47bn | ¥8.12bn | ¥8.14bn | ¥7.80bn | ¥7.56bn | ¥7.17bn | ¥7.10bn | ¥6.64bn |
Financial ratios
Data as of 28 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 11.3% | 11.9% | 11.6% | 10.8% | 11.3% | 9.9% |
| Operating margin | 6.9% | 7.4% | 6.8% | 5.7% | 5.6% | 4.1% |
| Net margin | 4.2% | 4.6% | 4.3% | 3.8% | 4.3% | 2.6% |
| Return on equity | 17.2% | 19.4% | 19.0% | 17.8% | 20.5% | 13.9% |
| Return on assets | 6.9% | 7.5% | 6.7% | 6.0% | 6.0% | 3.5% |
| Free cash flow yield | 16.7% | 18.6% | 14.4% | 9.7% | 11.7% | 8.6% |
| Revenue growth | 11.0% | 14.7% | 14.3% | 14.9% | 8.9% | 13.4% |
| Earnings growth | 2.0% | 22.3% | 28.8% | 2.5% | 80.9% | 14.9% |
| Current ratio | 1.48x | 1.34x | 1.00x | 1.15x | 1.29x | 1.39x |
| Debt to equity | 0.73x | 0.76x | 0.98x | 1.04x | 1.35x | 1.77x |
| Equity ratio | 40.2% | 39.0% | 35.1% | 33.7% | 29.5% | 24.8% |
| Interest coverage | 35.46x | 47.74x | 59.87x | 22.45x | 37.27x | 22.24x |
| Buybacks as a share of market value | 0.0% | -0.2% | -0.3% | -0.2% | -5.4% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 13.3% | 12.8% | — |
| Operating income | 21.0% | 25.0% | — |
| Net income | 17.1% | 24.4% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 11.6% | 11.4% | 11.2% | — |
| Operating margin | 7.1% | 6.8% | 6.3% | — |
| Net margin | 4.4% | 4.2% | 4.0% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | 14.6 | 10.4 | 16.1 | 12.4 | 15.4 | 18.3 |
| Price to sales | 0.6 | 0.5 | 0.7 | 0.5 | 0.7 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 6 years. Last went ex-dividend on 29 Dec 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Paid in the year | 24.00 | 8.50 | 6.50 | 5.75 | 5.00 |
- 4-for-1 split · 29 Sept 2025
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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