Recent & upcoming events
Sep 27
Est.
Sep 28
Est.
2027
Mar 28
Est.
Mar 29
Est.
KPI highlights
FY20
Revenue
¥30.95B
YoY +6.7%
Operating income
¥3.15B
margin 10.2%
Net income
¥2.05B
YoY +10.2%
EPS
¥231
YoY +8.9%
P/E
—
ROE
13.4%
Equity ratio 58%
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)
6/9
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 7.3%
✓
Positive operating cash flow
¥3.79B
✗
ROA improved YoY
7.4% → 7.3%
✓
Operating CF exceeds net income (accrual quality)
OCF ¥3.79B / net income ¥2.05B
✓
Equity ratio improved* Substitute for the original “decrease in long-term debt”
57.4% → 57.6%
✓
Current ratio improved
2.07× → 2.14×
✓
No dilution (shares outstanding did not increase)
9,416,000 → 9,416,000
✗
Gross margin improved
31.8% → 31.7%
✗
Asset turnover improved
1.15× → 1.11×
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
FY20
Equity ratio
57.6%
Current ratio
2.1×
Years of positive operating CF
3 of last 3 yrs
Payout ratio
32%
Latest fiscal year result
Profit (net income ¥2.05B)
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
Dividend grower
✓
Data provided by Twelve Data