
Revenue
FY, 2025
| JPY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 559.2M | 538.2M | 545.4M | 592.3M | 556.3M | 638.7M | 699.7M | 1.3B |
| Cost of goods sold | 226.7M | 174.4M | 150.5M | 177.2M | 193.2M | 238.3M | 288.7M | 677.6M |
| Gross profit | 332.5M | 363.8M | 394.9M | 415.2M | 363.1M | 400.4M | 411.0M | 591.1M |
| Gross profit margin, % | 59.5% | 67.6% | 72.4% | 70.1% | 65.3% | 62.7% | 58.7% | 46.6% |
| Operating expense total | 341.0M | 337.4M | 353.7M | 322.5M | 313.9M | 318.2M | 289.2M | 358.5M |
| Depreciation and amortization | 11.3M | 23.7M | 37.0M | 48.8M | 62.8M | 40.7M | 139.8M | 157.0M |
| EBITDA | (8.5M) | 26.3M | 41.2M | 92.6M | 49.2M | 82.7M | 121.9M | 232.6M |
| EBITDA margin, % | -1.5% | 4.9% | 7.6% | 15.6% | 8.8% | 12.9% | 17.4% | 18.3% |
| EBIT | (18.4M) | 2.8M | 4.5M | 44.0M | (13.5M) | 46.3M | 45.9M | 59.3M |
| EBIT margin, % | -3.3% | 0.5% | 0.8% | 7.4% | -2.4% | 7.3% | 6.6% | 4.7% |
| Interest income | 53.0K | 1.4M | 78.0K | 60.0K | 65.0K | 63.0K | 32.0K | 350.0K |
| Interest expense | 4.7M | 5.0M | 5.0M | 4.3M | 3.5M | 4.3M | 3.7M | 11.1M |
| Pre tax profit | (20.6M) | 20.0K | 11.9M | 41.3M | (16.1M) | 40.9M | 40.9M | 47.3M |
| Income tax expense | 4.1M | 5.9M | 7.9M | (73.0K) | 958.0K | 855.0K | (27.3M) | (122.1M) |
| Net Income | (24.7M) | (5.9M) | 3.9M | 41.4M | (17.1M) | 40.0M | 68.1M | 169.3M |