All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	2.36B	2.21B	3.68B	2.19B
Cost of goods sold	1.85B	1.58B	2.26B	1.38B
Cost of revenue	1.85B	1.58B	2.26B	1.38B
Research and development expenses	-	-	1.20B	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	634.00M	695.99M	-656.41M	612.00M
Operating expense	634.00M	695.99M	622.59M	612.00M
Total operating expenses	2.48B	2.28B	2.88B	1.99B
Operating income	-118.00M	-68.48M	801.39M	199.00M
Other non operating income	-14.00M	-32.88M	24.29M	-28.00M
EBT including unusual items	52.00M	-20.40M	-811.26M	158.00M
EBT excluding unusual items	39.00M	-38.40M	979.92M	145.00M
Income tax expense	48.00M	22.89M	-586.78M	88.00M
Effective tax rate	92.31%	-112.19%	72.33%	55.70%
Other operating expenses	-	-	-	-
Net income	4.00M	-43.29M	-224.48M	70.00M
Net profit margin	0.17%	-1.96%	-6.10%	3.19%
Earnings per share	-	-	-	-
Interest and investment income	3.00M	184.00K	2.60M	-
Interest expense	-41.00M	-38.71M	-42.09M	-26.00M
Net interest expenses	-38.00M	-38.53M	-39.49M	-26.00M
Depreciation and amortization charges	-	-	52.00M	-
EBITDA	108.50M	158.16M	1.02B	420.00M
Gain or loss from assets sale	-	-	-	-

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