All values in JPY	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Revenue	404.50M	404.50M	494.50M	494.50M
Cost of goods sold	276.00M	276.00M	249.50M	249.50M
Cost of revenue	276.00M	276.00M	249.50M	249.50M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	83.00M	83.00M	98.50M	98.50M
Operating expense	83.00M	83.00M	98.50M	98.50M
Total operating expenses	359.00M	359.00M	348.00M	348.00M
Operating income	45.50M	45.50M	146.50M	146.50M
Other non operating income	-1.00M	-1.00M	1.00M	1.00M
EBT including unusual items	41.00M	41.00M	144.50M	144.50M
EBT excluding unusual items	44.50M	44.50M	147.00M	147.00M
Income tax expense	12.50M	12.50M	40.50M	40.50M
Effective tax rate	30.49%	30.49%	28.03%	28.03%
Other operating expenses	-	-	-	-
Net income	28.50M	28.50M	104.00M	104.00M
Net profit margin	7.05%	7.05%	21.03%	21.03%
Earnings per share	-	-	-	-
Interest and investment income	-	-	-	-
Interest expense	-	-	-500.00K	-500.00K
Net interest expenses	-	-	-500.00K	-500.00K
Depreciation and amortization charges	-	-	-	-
EBITDA	57.00M	57.00M	160.50M	160.50M
Gain or loss from assets sale	3.50M	3.50M	2.50M	2.50M

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