All values in JPY	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Revenue	3.94B	3.94B	3.69B	3.69B
Cost of goods sold	2.97B	2.97B	2.68B	2.68B
Cost of revenue	2.97B	2.97B	2.68B	2.68B
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	812.00M	812.00M	805.50M	805.50M
Operating expense	812.00M	812.00M	805.50M	805.50M
Total operating expenses	3.78B	3.78B	3.48B	3.48B
Operating income	154.00M	154.00M	206.50M	206.50M
Other non operating income	39.50M	39.50M	16.00M	16.00M
EBT including unusual items	191.50M	191.50M	221.50M	221.50M
EBT excluding unusual items	191.00M	191.00M	220.00M	220.00M
Income tax expense	65.50M	65.50M	58.00M	58.00M
Effective tax rate	34.20%	34.20%	26.19%	26.19%
Other operating expenses	-	-	-	-
Net income	126.00M	126.00M	163.50M	163.50M
Net profit margin	3.20%	3.20%	4.43%	4.43%
Earnings per share	-	-	-	-
Interest and investment income	-	-	500.00K	500.00K
Interest expense	-2.50M	-2.50M	-3.00M	-3.00M
Net interest expenses	-2.50M	-2.50M	-2.50M	-2.50M
Depreciation and amortization charges	-	-	-	-
EBITDA	233.00M	233.00M	295.50M	295.50M
Gain or loss from assets sale	2.00M	2.00M	-1.50M	-1.50M

Finance

Research