491
+0.82%
Close of 9 Nov 2026, in JPY
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At a glance
Figures in JPY, from our data supplier.
Revenue
¥58.92bn
FY2017FY2026
Net income
¥1.63bn
FY2017FY2026
Free cash flow
¥994.0m
FY2017FY2026
Shareholders' equity
¥23.11bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥58.92bn | ¥59.79bn | ¥54.43bn | ¥57.07bn | ¥54.92bn | ¥55.51bn | ¥88.22bn | ¥89.11bn | ¥89.82bn | ¥85.90bn |
| Research and development | — | ¥2.0m | ¥3.0m | ¥3.0m | ¥3.0m | ¥3.0m | ¥2.0m | ¥3.0m | ¥21.0m | ¥57.0m |
| Operating income | ¥2.48bn | ¥3.01bn | ¥2.30bn | ¥3.23bn | ¥2.74bn | ¥2.73bn | ¥1.93bn | ¥1.98bn | ¥1.51bn | ¥822.0m |
| Net income | ¥1.63bn | ¥1.36bn | ¥1.44bn | ¥2.00bn | ¥1.71bn | ¥1.84bn | ¥514.0m | ¥798.0m | −¥994.0m | ¥415.0m |
| Diluted earnings per share | 39.66 | 32.63 | 33.34 | 46.53 | 38.00 | 40.95 | 11.47 | 17.81 | -22.18 | 12.34 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥38.88bn | ¥38.19bn | ¥37.62bn | ¥38.73bn | ¥39.72bn | ¥40.85bn | ¥46.43bn | ¥49.63bn | ¥42.12bn | ¥43.50bn |
| Cash and short-term investments | ¥8.48bn | ¥8.59bn | ¥8.06bn | ¥11.03bn | ¥12.29bn | ¥14.29bn | ¥9.21bn | ¥9.17bn | ¥7.26bn | ¥7.43bn |
| Total liabilities | ¥15.76bn | ¥15.79bn | ¥14.89bn | ¥15.53bn | ¥17.58bn | ¥19.49bn | ¥26.62bn | ¥29.46bn | ¥28.00bn | ¥27.99bn |
| Debt | ¥7.18bn | ¥7.22bn | ¥7.18bn | ¥7.23bn | ¥8.83bn | ¥11.30bn | ¥11.35bn | ¥11.34bn | ¥10.34bn | ¥10.80bn |
| Shareholders' equity | ¥23.11bn | ¥22.39bn | ¥22.71bn | ¥23.20bn | ¥22.06bn | ¥21.30bn | ¥19.76bn | ¥20.16bn | ¥14.11bn | ¥15.51bn |
| Shares outstanding | 41m | 42m | 43m | 43m | 45m | 45m | 45m | 45m | 45m | 34m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥1.36bn | ¥4.15bn | ¥166.0m | ¥1.71bn | ¥2.85bn | ¥6.45bn | ¥2.49bn | −¥2.18bn | ¥1.18bn | ¥3.49bn |
| Capital spending | −¥363.0m | −¥351.0m | −¥287.0m | −¥314.0m | −¥652.0m | −¥604.0m | −¥762.0m | −¥329.0m | −¥645.0m | −¥1.06bn |
| Free cash flow | ¥994.0m | ¥3.80bn | −¥121.0m | ¥1.40bn | ¥2.19bn | ¥5.85bn | ¥1.73bn | −¥2.51bn | ¥534.0m | ¥2.43bn |
| Dividends paid | −¥924.0m | −¥909.0m | −¥894.0m | −¥880.0m | −¥991.0m | −¥495.0m | −¥789.0m | −¥181.0m | −¥441.0m | −¥641.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥12.53bn | ¥16.69bn | ¥14.85bn | ¥14.31bn | ¥13.07bn | ¥15.40bn | ¥16.55bn | ¥15.20bn |
| Operating income | −¥55.0m | ¥3.06bn | ¥862.0m | ¥461.0m | −¥41.0m | ¥739.0m | ¥1.50bn | ¥861.0m |
| Net income | −¥266.0m | ¥813.0m | ¥537.0m | ¥306.0m | −¥25.0m | ¥297.0m | ¥961.0m | ¥312.0m |
| Diluted earnings per share | -6.47 | 19.77 | 12.84 | 7.32 | -0.60 | 7.10 | 22.31 | 7.24 |
| Total assets | ¥36.63bn | ¥38.88bn | ¥38.98bn | ¥38.93bn | ¥36.78bn | ¥38.19bn | ¥40.75bn | ¥40.15bn |
| Cash and short-term investments | ¥4.93bn | ¥8.48bn | ¥7.00bn | ¥8.21bn | ¥6.62bn | ¥8.59bn | ¥9.34bn | ¥9.17bn |
| Debt | ¥4.00bn | ¥7.09bn | ¥4.10bn | ¥7.37bn | ¥4.01bn | ¥6.74bn | ¥4.21bn | ¥7.49bn |
| Shareholders' equity | ¥21.42bn | ¥23.11bn | ¥22.32bn | ¥22.10bn | ¥21.65bn | ¥22.39bn | ¥22.91bn | ¥22.15bn |
Financial ratios
Data as of 24 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Operating margin | 4.2% | 5.0% | 4.2% | 5.7% | 5.0% | 4.9% | — |
| Net margin | 2.8% | 2.3% | 2.6% | 3.5% | 3.1% | 3.3% | — |
| Return on equity | 7.1% | 6.1% | 6.3% | 8.6% | 7.7% | 8.6% | — |
| Return on assets | 4.2% | 3.6% | 3.8% | 5.2% | 4.3% | 4.5% | — |
| Free cash flow yield | 8.1% | 20.9% | 2.0% | 9.1% | 15.1% | 30.5% | — |
| Revenue growth | -1.5% | 9.8% | -4.6% | 3.9% | -1.1% | -37.1% | — |
| Earnings growth | 19.5% | -4.9% | -28.3% | 17.2% | -7.1% | 257.6% | — |
| Current ratio | 2.10x | 2.04x | 2.14x | 2.17x | 2.00x | 1.92x | — |
| Debt to equity | 0.31x | 0.30x | 0.29x | 0.28x | 0.35x | 0.47x | — |
| Equity ratio | 59.5% | 58.6% | 60.4% | 59.9% | 55.5% | 52.1% | — |
| Interest coverage | 30.67x | 45.58x | 53.44x | 63.39x | 43.48x | 34.96x | — |
| 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 | 1.7% | 2.9% | -0.1% | 4.3% | -0.1% | -0.2% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 1.1% | 1.2% | -3.0% |
| Operating income | -8.4% | -1.8% | 13.6% |
| Net income | -6.6% | -2.4% | 20.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 4.6% | 4.8% | 4.8% | 3.0% |
| Net margin | 2.5% | 2.8% | 2.9% | 1.4% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 12.3 | 16.8 | 17.8 | 10.7 | 12.3 | 11.8 | 40.6 | 28.5 | -23.1 | 39.3 |
| Price to sales | 0.3 | 0.4 | 0.5 | 0.4 | 0.4 | 0.4 | 0.2 | 0.3 | 0.3 | 0.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 33 years. Last went ex-dividend on 30 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 39.00 | 21.00 | 20.00 | 19.50 | 22.00 | 11.00 | 17.50 | 4.00 |
- 2-for-1 split · 30 Jan 2024
- 2-for-1 split · 27 Mar 2013
- 1.1-for-1 split · 26 Mar 1998
- 1.15-for-1 split · 26 Mar 1997
- 1.1-for-1 split · 26 Mar 1996
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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