All values in JPY	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Revenue	348.00M	348.00M	379.00M	379.00M
Cost of goods sold	270.00M	270.00M	306.50M	306.50M
Cost of revenue	270.00M	270.00M	306.50M	306.50M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	61.50M	61.50M	56.00M	56.00M
Operating expense	61.50M	61.50M	56.00M	56.00M
Total operating expenses	331.50M	331.50M	362.50M	362.50M
Operating income	16.50M	16.50M	16.50M	16.50M
Other non operating income	3.00M	3.00M	3.50M	3.50M
EBT including unusual items	19.50M	19.50M	20.00M	20.00M
EBT excluding unusual items	19.50M	19.50M	20.00M	20.00M
Income tax expense	6.00M	6.00M	4.50M	4.50M
Effective tax rate	30.77%	30.77%	22.50%	22.50%
Other operating expenses	-	-	-	-
Net income	13.50M	13.50M	15.50M	15.50M
Net profit margin	3.88%	3.88%	4.09%	4.09%
Earnings per share	-	-	-	-
Interest and investment income	-	-	-	-
Interest expense	-	-	-	-
Net interest expenses	-	-	-	-
Depreciation and amortization charges	-	-	-	-
EBITDA	-	-	-	17.00M
Gain or loss from assets sale	-	-	-	-

Finance

Research