Recent & upcoming events
Sep 27
Est.
Sep 28
Est.
2027
Mar 28
Est.
Mar 29
Est.
KPI highlights
FY22
Revenue
¥45.01B
YoY -2.2%
Operating income
¥2.94B
margin 6.5%
Net income
¥2.13B
YoY +16.2%
EPS
¥166
YoY -42.1%
P/E
—
ROE
13.7%
Equity ratio 64%
Typical equity ratios vary a lot by industry. Banks, brokerages, and other financial companies tend to run lower ratios because leverage (using other people's capital) is core to their business model — a low ratio there isn't a sign of financial weakness.
Quarterly fundamentals
Income & cash flowF-Score (Piotroski)
7/9
Checks financial health against 9 criteria and shows how many are met as a fraction (more ✓ marks is healthier). Items with no data are shown as “—” — they're simply excluded from judgment, not counted against the score.
✓
Positive ROA
ROA 8.2%
✓
Positive operating cash flow
¥3.52B
✓
ROA improved YoY
7.1% → 8.2%
✓
Operating CF exceeds net income (accrual quality)
OCF ¥3.52B / net income ¥2.13B
✓
Equity ratio improved* Substitute for the original “decrease in long-term debt”
56.4% → 63.5%
✓
Current ratio improved
1.16× → 1.48×
✗
No dilution (shares outstanding did not increase)
6,427,000 → 12,859,000
✓
Gross margin improved
26.7% → 27.7%
✗
Asset turnover improved
1.77× → 1.72×
This score is reference information based on our own financial metrics. It is NOT a credit rating issued by a credit rating agency under Article 66-27 of the Financial Instruments and Exchange Act, and is NOT investment advice or a recommendation. Make investment decisions at your own responsibility.
Fact checklist
FY22
Equity ratio
63.5%
Current ratio
1.5×
Years of positive operating CF
5 of last 5 yrs
Payout ratio
19%
Latest fiscal year result
Profit (net income ¥2.13B)
Performance history
Last 10 yearsIncome & assets
Unit: ¥100MIndicators & cash flow
Unit: ¥100MSource: EDINET (Annual Securities Report) (fetched 2026-08-29) *Some metrics supplemented from additional sources
Data provided by Twelve Data