All values in JPY	Nov 2025	Feb 2026	May 2026	Aug 2026
Revenue	486.00M	469.00M	455.00M	396.00M
Cost of goods sold	179.00M	188.00M	184.00M	180.00M
Cost of revenue	179.00M	188.00M	184.00M	180.00M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	359.00M	332.00M	338.00M	324.00M
Operating expense	359.00M	332.00M	338.00M	324.00M
Total operating expenses	538.00M	520.00M	522.00M	504.00M
Operating income	-52.00M	-51.00M	-67.00M	-108.00M
Other non operating income	11.00M	7.00M	9.00M	10.00M
EBT including unusual items	-48.00M	-42.00M	16.00M	-95.00M
EBT excluding unusual items	-48.00M	-41.00M	-64.00M	-94.00M
Income tax expense	2.00M	2.00M	2.00M	-1.00M
Effective tax rate	-4.17%	-4.76%	12.50%	1.05%
Other operating expenses	-	-	-	-
Net income	-50.00M	-44.00M	14.00M	-94.00M
Net profit margin	-10.29%	-9.38%	3.08%	-23.74%
Earnings per share	-	-	-	-
Interest and investment income	-	9.00M	-	11.00M
Interest expense	-7.00M	-6.00M	-6.00M	-7.00M
Net interest expenses	-7.00M	3.00M	-6.00M	4.00M
Depreciation and amortization charges	-	-	-	-
EBITDA	-51.75M	-50.75M	-	-
Gain or loss from assets sale	-	-	-	-

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