All values in JPY	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Revenue	414.50M	414.50M	404.00M	404.00M
Cost of goods sold	228.00M	228.00M	273.00M	273.00M
Cost of revenue	228.00M	228.00M	273.00M	273.00M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	149.00M	149.00M	148.50M	148.50M
Operating expense	149.00M	149.00M	148.50M	148.50M
Total operating expenses	377.00M	377.00M	421.50M	421.50M
Operating income	37.50M	37.50M	-17.50M	-17.50M
Other non operating income	-1.50M	-1.50M	500.00K	500.00K
EBT including unusual items	35.50M	35.50M	-18.50M	-18.50M
EBT excluding unusual items	35.50M	35.50M	-18.50M	-18.50M
Income tax expense	12.00M	12.00M	-6.50M	-6.50M
Effective tax rate	33.80%	33.80%	35.14%	35.14%
Other operating expenses	-	-	-	-
Net income	23.50M	23.50M	-12.00M	-12.00M
Net profit margin	5.67%	5.67%	-2.97%	-2.97%
Earnings per share	-	-	-	-
Interest and investment income	-	-	-	-
Interest expense	-500.00K	-500.00K	-1.50M	-1.50M
Net interest expenses	-500.00K	-500.00K	-1.50M	-1.50M
Depreciation and amortization charges	-	-	-	-
EBITDA	39.50M	39.50M	-14.50M	-14.50M
Gain or loss from assets sale	-	-	-	-

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