Recent & upcoming events
Sep 27
Est.
Sep 28
Est.
2027
Mar 28
Est.
Mar 29
Est.
KPI highlights
FY21
Revenue
¥9.52B
YoY +1.5%
Operating income
¥652M
margin 6.8%
Net income
¥549M
YoY +36.2%
EPS
¥69
YoY +38.4%
P/E
—
ROE
5.6%
Equity ratio 75%
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.
F-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 4.2%
✓
Positive operating cash flow
¥1.03B
✓
ROA improved YoY
3.2% → 4.2%
✓
Operating CF exceeds net income (accrual quality)
OCF ¥1.03B / net income ¥549M
✓
Equity ratio improved* Substitute for the original “decrease in long-term debt”
73.8% → 74.8%
✗
Current ratio improved
2.52× → 2.39×
✓
No dilution (shares outstanding did not increase)
8,625,000 → 8,625,000
✓
Gross margin improved
21.8% → 23.0%
✗
Asset turnover improved
0.74× → 0.73×
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
FY21
Equity ratio
74.8%
Current ratio
2.4×
Years of positive operating CF
4 of last 4 yrs
Payout ratio
25%
Latest fiscal year result
Profit (net income ¥549M)
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
Key financial metrics
3-year revenue growth
✓
Dividend grower
✓
Data provided by Twelve Data