R 
702
+2.03%
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
¥87.62bn
FY2017FY2026
Net income
¥3.31bn
FY2017FY2026
Free cash flow
¥22.86bn
FY2017FY2026
Shareholders' equity
¥122.85bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥87.62bn | ¥70.25bn | ¥44.75bn | ¥33.58bn | ¥29.34bn | ¥20.55bn | ¥19.45bn | ¥16.92bn | ¥11.74bn | ¥8.27bn |
| Research and development | — | — | — | — | — | — | — | ¥55.2m | ¥80.0m | — |
| Operating income | ¥7.37bn | ¥3.23bn | ¥5.02bn | ¥4.51bn | ¥3.40bn | ¥4.70bn | ¥7.15bn | ¥5.75bn | ¥3.68bn | ¥2.79bn |
| Net income | ¥3.31bn | ¥2.69bn | ¥8.86bn | ¥2.68bn | ¥1.58bn | ¥11.51bn | ¥3.54bn | ¥1.99bn | ¥1.63bn | ¥2.02bn |
| Diluted earnings per share | 36.60 | 29.72 | 97.96 | 33.84 | 20.12 | 147.20 | 44.82 | 26.04 | 21.98 | 27.52 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥611.46bn | ¥529.81bn | ¥465.16bn | ¥303.38bn | ¥296.22bn | ¥220.55bn | ¥171.69bn | ¥81.50bn | ¥65.71bn | ¥53.92bn |
| Cash and short-term investments | ¥85.80bn | ¥87.47bn | ¥66.49bn | ¥49.63bn | ¥44.28bn | ¥40.36bn | ¥27.35bn | ¥21.25bn | ¥14.12bn | ¥12.90bn |
| Total liabilities | ¥425.58bn | ¥396.63bn | ¥359.70bn | ¥238.65bn | ¥243.78bn | ¥195.68bn | ¥154.78bn | ¥68.61bn | ¥54.84bn | ¥46.43bn |
| Debt | ¥340.80bn | ¥332.92bn | ¥306.87bn | ¥206.08bn | ¥207.10bn | ¥160.41bn | ¥126.96bn | ¥61.77bn | ¥49.20bn | ¥40.44bn |
| Shareholders' equity | ¥122.85bn | ¥88.87bn | ¥67.77bn | ¥42.95bn | ¥31.89bn | ¥15.25bn | ¥12.92bn | ¥9.35bn | ¥7.65bn | ¥6.71bn |
| Shares outstanding | 90m | 90m | 90m | 79m | 79m | 78m | 79m | 76m | 74m | 74m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥28.27bn | ¥31.50bn | ¥18.73bn | ¥10.13bn | ¥12.15bn | ¥12.47bn | ¥7.10bn | ¥6.43bn | ¥3.94bn | ¥5.04bn |
| Capital spending | −¥5.42bn | −¥8.50bn | −¥15.91bn | −¥10.94bn | −¥15.50bn | −¥5.62bn | −¥5.10bn | −¥589.0m | −¥114.0m | −¥493.9m |
| Free cash flow | ¥22.86bn | ¥23.00bn | ¥2.82bn | −¥804.0m | −¥3.35bn | ¥6.85bn | ¥2.00bn | ¥5.85bn | ¥3.83bn | ¥4.55bn |
| Dividends paid | — | — | — | −¥17.68bn | — | — | — | — | −¥577.0m | −¥369.0m |
Latest quarters
By quarter end
| May 2026 | Feb 2026 | Dec 2025 | Nov 2025 | Sept 2025 | Aug 2025 | Jun 2025 | May 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥19.33bn | ¥23.61bn | ¥23.41bn | ¥23.41bn | ¥20.08bn | ¥20.08bn | ¥20.53bn | ¥20.53bn |
| Operating income | ¥1.02bn | ¥208.0m | ¥2.39bn | ¥2.40bn | ¥1.41bn | ¥1.41bn | ¥3.36bn | ¥3.36bn |
| Net income | ¥95.0m | −¥334.0m | ¥320.0m | ¥320.0m | ¥2.46bn | ¥2.46bn | ¥862.0m | ¥862.0m |
| Diluted earnings per share | 1.05 | -3.69 | 3.54 | 3.54 | 27.22 | 27.21 | 9.53 | 9.54 |
| Cash from operations | ¥4.47bn | ¥9.02bn | ¥6.29bn | ¥6.20bn | — | ¥11.58bn | — | ¥1.48bn |
| Capital spending | −¥2.59bn | −¥724.0m | −¥2.72bn | −¥2.64bn | — | −¥1.41bn | — | −¥646.0m |
| Free cash flow | ¥1.88bn | ¥8.29bn | ¥3.58bn | ¥3.56bn | — | ¥10.17bn | — | ¥831.0m |
| Total assets | ¥627.82bn | ¥611.46bn | ¥599.06bn | ¥599.06bn | ¥556.40bn | ¥556.40bn | ¥510.51bn | ¥510.51bn |
| Cash and short-term investments | ¥84.76bn | ¥85.80bn | ¥21.72bn | ¥86.48bn | ¥21.94bn | ¥78.55bn | ¥25.47bn | ¥82.59bn |
| Debt | ¥330.06bn | ¥332.99bn | ¥312.15bn | ¥339.30bn | ¥306.96bn | ¥333.58bn | ¥291.10bn | ¥321.14bn |
| Shareholders' equity | ¥132.66bn | ¥122.85bn | ¥112.32bn | ¥112.32bn | ¥93.19bn | ¥93.19bn | ¥80.83bn | ¥80.83bn |
Financial ratios
Data as of 12 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 8.4% | 4.6% | 11.2% | 23.6% | 35.0% | 22.8% | — | — | — |
| Net margin | 3.8% | 3.8% | 19.8% | 8.0% | 5.4% | 56.0% | — | — | — |
| Return on equity | 2.7% | 3.0% | 13.1% | 6.2% | 5.0% | 75.4% | — | — | — |
| Return on assets | 0.5% | 0.5% | 1.9% | 0.9% | 0.5% | 5.2% | — | — | — |
| Free cash flow yield | 41.9% | 49.8% | 43.1% | 29.9% | 39.6% | 26.0% | — | — | — |
| Revenue growth | 24.7% | 57.0% | 33.3% | 14.5% | 42.7% | 5.7% | — | — | — |
| Earnings growth | 23.1% | -69.7% | 230.7% | 69.4% | -86.3% | 225.4% | — | — | — |
| Current ratio | 2.18x | 2.00x | 1.93x | 3.14x | 2.78x | 3.49x | — | — | — |
| Debt to equity | 2.71x | 3.65x | 4.40x | 4.62x | 6.23x | 9.92x | — | — | — |
| Equity ratio | 20.1% | 16.8% | 14.6% | 14.2% | 10.8% | 6.9% | — | — | — |
| Interest coverage | 1.02x | 0.55x | 1.45x | 2.70x | 3.94x | 1.92x | — | — | — |
| R&D as a share of sales | — | — | — | — | — | — | 0.3% | 0.7% | 0.6% |
| Buybacks as a share of market value | -0.0% | 0.0% | -14.2% | -0.7% | -0.5% | 0.9% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 37.7% | 33.6% | 26.2% |
| Operating income | 17.8% | 9.4% | 13.4% |
| Net income | 7.3% | -22.1% | 26.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 6.7% | 8.5% | 9.9% | 14.2% |
| Net margin | 3.8% | 7.4% | 10.7% | 11.4% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 20.3 | 23.0 | 7.9 | 35.1 | 117.3 | 14.1 | 57.0 | 29.3 | 23.4 | 6.9 |
| Price to sales | 0.8 | 0.9 | 1.6 | 2.8 | 6.3 | 7.9 | 10.4 | 3.5 | 3.3 | 1.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 2-for-1 split · 29 Aug 2018
- 2-for-1 split · 25 Apr 2018
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.