T 
774
+4.59%
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
¥19.66bn
FY2016FY2025
Net income
¥148.7m
FY2016FY2025
Free cash flow
−¥563.3m
FY2016FY2025
Shareholders' equity
¥993.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥19.66bn | ¥18.76bn | ¥20.02bn | ¥21.05bn | ¥16.42bn | ¥14.80bn | ¥19.52bn | ¥20.06bn | ¥23.82bn | ¥20.29bn |
| Gross profit | ¥756.0m | ¥738.3m | ¥607.7m | ¥743.1m | ¥630.9m | ¥212.3m | ¥573.1m | ¥687.5m | ¥1.03bn | ¥197.3m |
| Operating income | ¥247.4m | ¥266.4m | ¥167.2m | ¥235.0m | ¥224.0m | −¥267.9m | ¥32.1m | ¥95.5m | ¥401.7m | −¥409.8m |
| Net income | ¥148.7m | ¥162.8m | ¥116.5m | ¥133.0m | ¥113.4m | −¥391.3m | −¥42.6m | ¥9.9m | ¥301.5m | −¥508.8m |
| Diluted earnings per share | 76.93 | 81.24 | 58.40 | 68.80 | 70.87 | -294.79 | -32.11 | 7.44 | 227.10 | -383.24 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥8.36bn | ¥7.99bn | ¥7.67bn | ¥8.24bn | ¥7.59bn | ¥7.60bn | ¥9.68bn | ¥11.74bn | ¥12.01bn | ¥11.05bn |
| Cash and short-term investments | ¥266.0m | ¥346.9m | ¥673.1m | ¥320.1m | ¥1.88bn | ¥1.47bn | ¥2.85bn | ¥3.20bn | ¥2.22bn | ¥2.69bn |
| Total liabilities | ¥7.37bn | ¥7.19bn | ¥6.98bn | ¥7.67bn | ¥7.48bn | ¥7.76bn | ¥9.45bn | ¥11.45bn | ¥11.72bn | ¥11.08bn |
| Debt | ¥5.91bn | ¥5.41bn | ¥5.77bn | ¥5.95bn | ¥6.15bn | ¥6.54bn | ¥7.34bn | ¥8.33bn | ¥8.75bn | ¥8.93bn |
| Shareholders' equity | ¥993.1m | ¥802.7m | ¥688.0m | ¥564.7m | ¥103.9m | −¥158.3m | ¥237.7m | ¥289.0m | ¥298.8m | −¥36.0m |
| Shares outstanding | 2m | 2m | 2m | 2m | 2m | 1m | 1m | 1m | 1m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −¥560.1m | ¥51.5m | ¥602.8m | −¥1.68bn | ¥648.2m | −¥547.1m | ¥636.4m | ¥1.44bn | −¥318.0m | ¥191.9m |
| Capital spending | −¥3.2m | −¥2.1m | −¥669,000 | −¥160,000 | −¥16.3m | −¥14.3m | −¥7.3m | −¥5.0m | −¥721,000 | −¥174,000 |
| Free cash flow | −¥563.3m | ¥49.3m | ¥602.1m | −¥1.68bn | ¥631.9m | −¥561.5m | ¥629.1m | ¥1.44bn | −¥318.7m | ¥191.8m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥5.34bn | ¥4.70bn | ¥4.87bn | ¥5.61bn | ¥3.79bn | ¥4.36bn | ¥5.89bn | ¥4.67bn |
| Gross profit | ¥196.1m | ¥177.7m | ¥198.9m | ¥189.1m | ¥172.9m | ¥199.3m | ¥199.9m | ¥190.9m |
| Operating income | ¥78.7m | ¥61.7m | ¥83.0m | ¥55.6m | ¥64.4m | ¥74.9m | ¥52.4m | ¥79.1m |
| Net income | ¥31.2m | ¥37.7m | ¥50.9m | ¥32.8m | ¥35.5m | ¥44.2m | ¥36.2m | ¥50.6m |
| Diluted earnings per share | 16.11 | 19.51 | 26.31 | 16.98 | 18.38 | 22.84 | 18.07 | 25.25 |
| Cash from operations | — | — | — | −¥560.0m | — | — | — | — |
| Capital spending | — | — | — | −¥3.0m | — | — | — | — |
| Free cash flow | — | — | — | −¥563.0m | — | — | — | — |
| Total assets | ¥9.20bn | ¥8.55bn | ¥8.24bn | ¥8.36bn | ¥8.03bn | ¥7.51bn | ¥7.98bn | ¥7.99bn |
| Cash and short-term investments | ¥317.0m | ¥317.5m | ¥351.9m | ¥266.0m | ¥480.7m | ¥460.7m | ¥401.0m | ¥346.9m |
| Debt | ¥6.25bn | ¥5.55bn | ¥5.61bn | ¥5.91bn | ¥5.56bn | ¥5.26bn | ¥5.41bn | ¥5.41bn |
| Shareholders' equity | ¥1.14bn | ¥1.10bn | ¥1.05bn | ¥993.1m | ¥948.5m | ¥913.5m | ¥898.3m | ¥802.7m |
Financial ratios
Data as of 3 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 3.8% | 3.9% | 3.0% | 3.5% | 3.8% | 1.4% |
| Operating margin | 1.3% | 1.4% | 0.8% | 1.1% | 1.4% | -1.8% |
| Net margin | 0.8% | 0.9% | 0.6% | 0.6% | 0.7% | -2.6% |
| Return on equity | 15.0% | 20.3% | 16.9% | 23.6% | 109.1% | 247.2% |
| Return on assets | 1.8% | 2.0% | 1.5% | 1.6% | 1.5% | -5.1% |
| Free cash flow yield | -33.1% | 3.1% | 34.8% | -99.7% | 47.7% | -46.1% |
| Revenue growth | 4.8% | -6.3% | -4.9% | 28.1% | 11.0% | -24.2% |
| Earnings growth | -8.6% | 39.8% | -12.5% | 17.3% | -129.0% | 818.1% |
| Current ratio | 1.07x | 1.05x | 1.03x | 1.02x | 0.96x | 0.92x |
| Debt to equity | 5.95x | 6.75x | 8.39x | 10.54x | 59.23x | -41.29x |
| Equity ratio | 11.9% | 10.0% | 9.0% | 6.9% | 1.4% | -2.1% |
| Interest coverage | 3.18x | 4.18x | 3.28x | 4.28x | 3.76x | -3.91x |
| Buybacks as a share of market value | 3.5% | -0.5% | -3.2% | -20.9% | -20.5% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -2.2% | 5.8% | -2.2% |
| Operating income | 1.7% | — | 6.9% |
| Net income | 3.8% | — | 7.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 3.9% | 3.6% | 3.3% | 3.2% |
| Operating margin | 1.3% | 1.2% | 0.8% | 0.5% |
| Net margin | 0.8% | 0.7% | 0.3% | 0.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 7.9 | 10.9 | 14.4 | 13.7 | 17.4 | -1.3 | -16.9 | 75.1 | 4.0 | -2.4 |
| Price to sales | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 25 Sept 2008.
| FY2009 | FY2007 | FY2006 | FY2005 | FY2004 | FY2003 | FY2002 | FY2001 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 65.00 | 65.00 | 65.00 | 65.00 | 125.00 | 65.00 | 65.00 | 65.00 |
- 10-to-1 reverse split · 29 Mar 2017
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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