All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	6.74B	5.10B	5.83B	3.38B
Cost of goods sold	5.53B	4.19B	4.75B	2.62B
Cost of revenue	5.53B	4.19B	4.75B	2.62B
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	201.00M	313.00M	362.00M	332.00M
Operating expense	273.00M	306.00M	367.00M	327.00M
Total operating expenses	5.80B	4.50B	5.12B	2.95B
Operating income	939.00M	607.00M	711.00M	426.00M
Other non operating income	-1.00M	16.00M	4.00M	1.00M
EBT including unusual items	1.05B	628.00M	712.00M	420.00M
EBT excluding unusual items	915.00M	633.00M	714.00M	413.00M
Income tax expense	316.00M	243.00M	262.00M	156.00M
Effective tax rate	30.15%	38.69%	36.80%	37.14%
Other operating expenses	-	-	-	-
Net income	727.00M	393.00M	438.00M	262.00M
Net profit margin	10.78%	7.70%	7.51%	7.76%
Earnings per share	-	-	-	-
Interest and investment income	8.00M	-	10.00M	1.00M
Interest expense	-25.00M	-21.00M	-11.00M	-25.00M
Net interest expenses	-17.00M	-21.00M	-1.00M	-24.00M
Depreciation and amortization charges	-	-	-	-
EBITDA	1.01B	677.50M	769.50M	496.50M
Gain or loss from assets sale	-	-	-	-

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