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+0.41%
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
¥4.79bn
FY2016FY2025
Net income
¥113.9m
FY2016FY2025
Free cash flow
¥130.5m
FY2016FY2025
Shareholders' equity
¥1.84bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥4.79bn | ¥4.60bn | ¥2.95bn | ¥502.1m | ¥224.4m | ¥2.35bn | ¥5.73bn | ¥5.42bn | ¥5.21bn | ¥4.99bn |
| Gross profit | ¥894.1m | ¥771.6m | ¥462.2m | ¥87.3m | ¥21.1m | ¥423.4m | ¥1.05bn | ¥916.4m | ¥975.3m | ¥975.0m |
| Operating income | ¥115.1m | ¥113.8m | −¥120.9m | −¥401.4m | −¥505.5m | −¥267.1m | ¥150.5m | ¥1.4m | ¥63.5m | ¥65.5m |
| Net income | ¥113.9m | ¥120.6m | −¥56.0m | −¥123.7m | −¥124.0m | −¥70.1m | ¥129.1m | ¥5.5m | ¥136.8m | −¥42.3m |
| Diluted earnings per share | 30.87 | 32.67 | -15.17 | -33.53 | -33.60 | -19.01 | 34.98 | 1.48 | 37.08 | -11.46 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥3.22bn | ¥2.93bn | ¥2.63bn | ¥2.21bn | ¥2.10bn | ¥2.22bn | ¥3.41bn | ¥3.32bn | ¥3.43bn | ¥3.09bn |
| Cash and short-term investments | ¥1.99bn | ¥1.91bn | ¥1.62bn | ¥1.46bn | ¥1.61bn | ¥1.55bn | ¥2.37bn | ¥2.30bn | ¥2.11bn | ¥1.90bn |
| Total liabilities | ¥1.38bn | ¥1.18bn | ¥952.9m | ¥487.9m | ¥246.4m | ¥242.0m | ¥1.33bn | ¥1.26bn | ¥1.31bn | ¥1.12bn |
| Debt | — | — | — | — | −¥78.4m | −¥78.1m | −¥952.8m | — | — | — |
| Shareholders' equity | ¥1.84bn | ¥1.75bn | ¥1.67bn | ¥1.73bn | ¥1.85bn | ¥1.97bn | ¥2.09bn | ¥2.05bn | ¥2.12bn | ¥1.98bn |
| Shares outstanding | 4m | 4m | 4m | 4m | 4m | 4m | 4m | 4m | 4m | 4m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥149.2m | ¥349.7m | ¥145.8m | −¥149.6m | −¥39.1m | −¥791.1m | ¥166.4m | −¥18.3m | ¥5.8m | −¥154.1m |
| Capital spending | −¥18.7m | −¥2.0m | −¥1.3m | −¥410,000 | −¥39.1m | −¥4.0m | −¥1.5m | −¥1.9m | −¥4.2m | −¥985,000 |
| Free cash flow | ¥130.5m | ¥347.7m | ¥144.5m | −¥150.0m | −¥78.2m | −¥795.1m | ¥164.9m | −¥20.2m | ¥1.6m | −¥155.1m |
| Dividends paid | −¥51.6m | −¥18.4m | — | −¥18,000 | −¥42,000 | −¥40.7m | −¥81.1m | −¥81.1m | −¥81.1m | −¥81.1m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥1.60bn | ¥1.36bn | ¥1.14bn | ¥1.36bn | ¥1.18bn | ¥1.27bn | ¥974.9m | ¥1.34bn |
| Gross profit | ¥191.1m | ¥182.9m | ¥200.6m | ¥265.4m | ¥228.9m | ¥237.9m | ¥162.0m | ¥251.4m |
| Operating income | −¥28.2m | −¥25.8m | ¥4.6m | ¥62.9m | ¥27.4m | ¥56.7m | −¥31.9m | ¥76.6m |
| Net income | −¥36.9m | −¥21.5m | −¥5.6m | ¥57.2m | ¥26.4m | ¥52.8m | −¥22.5m | ¥68.1m |
| Diluted earnings per share | -9.99 | -5.82 | -1.53 | 15.51 | 7.15 | 14.31 | -6.09 | 18.45 |
| Cash from operations | — | — | — | ¥149.0m | — | — | — | — |
| Capital spending | — | — | — | −¥18.0m | — | — | — | — |
| Free cash flow | — | — | — | ¥131.0m | — | — | — | — |
| Total assets | ¥3.05bn | ¥3.06bn | ¥3.09bn | ¥3.22bn | ¥2.89bn | ¥2.77bn | ¥2.79bn | ¥2.93bn |
| Cash and short-term investments | ¥2.01bn | ¥2.01bn | ¥1.89bn | ¥1.99bn | ¥1.88bn | ¥1.86bn | ¥1.78bn | ¥1.91bn |
| Shareholders' equity | ¥1.61bn | ¥1.73bn | ¥1.75bn | ¥1.84bn | ¥1.78bn | ¥1.77bn | ¥1.73bn | ¥1.75bn |
Financial ratios
Data as of 22 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 18.7% | 16.8% | 15.7% | 17.4% | 9.4% | 18.0% | — |
| Operating margin | 2.4% | 2.5% | -4.1% | -80.0% | -225.3% | -11.4% | — |
| Net margin | 2.4% | 2.6% | -1.9% | -24.6% | -55.3% | -3.0% | — |
| Return on equity | 6.2% | 6.9% | -3.3% | -7.2% | -6.7% | -3.6% | — |
| Return on assets | 3.5% | 4.1% | -2.1% | -5.6% | -5.9% | -3.2% | — |
| Free cash flow yield | 6.1% | 12.8% | 5.3% | -5.4% | 0.0% | -28.6% | — |
| Revenue growth | 4.1% | 56.1% | 486.7% | 123.8% | -90.4% | -59.0% | — |
| Earnings growth | -5.5% | -315.4% | -54.8% | -0.2% | 76.8% | -154.3% | — |
| Current ratio | 2.23x | 2.33x | 2.68x | 5.03x | 13.83x | 14.02x | — |
| Debt to equity | — | — | — | 0.00x | -0.04x | -0.04x | -0.46x |
| Equity ratio | 57.2% | 59.6% | 63.7% | 78.0% | 88.2% | 89.1% | — |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 112.1% | 15.3% | -2.2% |
| Operating income | — | — | 10.9% |
| Net income | — | — | 21.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 17.7% | 17.3% | 17.3% | 17.7% |
| Operating margin | 2.4% | -2.3% | -6.9% | -1.7% |
| Net margin | 2.5% | 0.4% | -0.9% | 0.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 26.9 | 15.3 | -32.2 | -13.1 | -13.1 | -39.1 | 14.6 | 369.6 | 15.6 | -43.5 |
| Price to sales | 0.6 | 0.4 | 0.6 | 3.2 | 7.2 | 1.2 | 0.3 | 0.4 | 0.4 | 0.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 30 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 49.00 | 14.00 | 5.00 | 11.00 | 22.00 | 22.00 | 22.00 | 22.00 |
- 100-for-1 split · 27 Mar 2014
- 3-for-1 split · 28 Mar 2005
- 3-for-1 split · 26 Mar 2004
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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