GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
N

Novarese 9160.T · JPY

Consumer Discretionary · Tokyo Stock Exchange · 🇯🇵 Japan

Compare

309

+0.32%

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.

FY2025

Revenue

¥22.04bn

FY2019FY2025

Net income

¥1.26bn

FY2019FY2025

Free cash flow

¥2.27bn

FY2019FY2025

Shareholders' equity

¥10.11bn

FY2019FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue¥22.04bn¥19.30bn¥18.27bn¥17.22bn¥11.19bn¥7.33bn¥17.41bn
Gross profit¥12.24bn¥10.86bn¥10.18bn¥10.14bn¥6.40bn¥3.40bn¥10.02bn
Operating income¥2.23bn¥1.34bn¥1.56bn¥2.78bn¥76.3m−¥3.95bn¥2.05bn
Net income¥1.26bn¥663.9m¥942.3m¥1.66bn¥374.0m−¥2.95bn¥1.31bn
Diluted earnings per share50.1626.5637.6966.2712.67-99.8844.50

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Total assets¥36.82bn¥37.13bn¥34.81bn¥32.51bn¥32.63bn¥33.86bn¥34.22bn
Cash and short-term investments¥3.42bn¥3.55bn¥1.72bn¥2.80bn¥2.25bn¥2.34bn¥3.12bn
Total liabilities¥26.71bn¥28.29bn¥26.63bn¥25.27bn¥27.04bn¥28.64bn¥26.33bn
Debt¥12.37bn¥19.35bn¥18.03bn¥18.71bn¥22.31bn¥23.25bn¥21.19bn
Shareholders' equity¥10.11bn¥8.85bn¥8.18bn¥7.23bn¥5.59bn¥5.22bn¥7.88bn
Shares outstanding25m25m25m25m30m30m30m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Cash from operations¥4.76bn¥3.89bn¥3.00bn¥4.62bn¥2.37bn−¥912.1m¥3.28bn
Capital spending−¥2.48bn−¥1.40bn−¥1.97bn−¥1.36bn−¥221.6m−¥1.57bn−¥751.8m
Free cash flow¥2.27bn¥2.49bn¥1.02bn¥3.26bn¥2.15bn−¥2.49bn¥2.53bn

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥12.07bn¥4.74bn¥7.86bn¥4.48bn¥5.54bn¥4.16bn¥6.75bn¥4.08bn
Gross profit¥6.28bn¥2.50bn¥4.64bn¥2.28bn¥3.09bn¥2.23bn¥4.07bn¥2.13bn
Operating income¥787.6m−¥30.0m¥1.84bn−¥93.4m¥642.6m−¥157.0m¥1.43bn−¥208.0m
Net income¥440.4m−¥122.4m¥1.18bn−¥137.3m¥337.6m−¥121.0m¥918.0m−¥235.0m
Diluted earnings per share14.92-4.1547.00-5.4813.48-4.8336.72-9.40
Cash from operations¥1.06bn−¥676.0m¥2.79bn¥1.05bn¥1.04bn−¥134.0m¥2.61bn¥403.0m
Capital spending−¥201.0m−¥968.0m−¥721.0m−¥442.0m−¥1.03bn−¥290.0m−¥183.0m−¥150.0m
Free cash flow¥861.0m−¥1.64bn¥2.07bn¥613.0m¥16.0m−¥424.0m¥2.43bn¥253.0m
Total assets¥71.69bn¥36.46bn¥36.82bn¥34.79bn¥34.52bn¥34.19bn¥37.13bn¥33.85bn
Cash and short-term investments¥5.62bn¥2.24bn¥3.42bn¥1.86bn¥2.40bn¥3.12bn¥3.55bn¥2.06bn
Debt¥25.98bn¥4.97bn¥12.37bn¥4.74bn¥14.34bn¥5.01bn¥5.18bn¥4.91bn
Shareholders' equity¥13.86bn¥9.99bn¥10.11bn¥8.95bn¥9.08bn¥8.74bn¥8.85bn¥7.94bn

Growth per year

Compound annual rate

3 years5 years10 years
Revenue8.6%24.6%—
Operating income-7.0%——
Net income-8.8%——

Average margins

Over each period

1 year3 years5 years10 years
Gross margin55.9%56.5%55.8%—
Operating margin8.6%10.3%4.2%—
Net margin4.6%5.9%2.0%—

Valuation history

At each fiscal year end

FY2025FY2024FY2023
Price to earnings6.211.87.8
Price to sales0.40.40.4

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.