All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	282.00M	256.00M	403.00M	1.54B
Cost of goods sold	284.50M	243.00M	354.00M	788.00M
Cost of revenue	284.50M	243.00M	354.00M	788.00M
Research and development expenses	-	-	-	2.67B
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	1.09B	1.14B	1.17B	-1.41B
Operating expense	1.09B	1.14B	1.17B	1.26B
Total operating expenses	1.38B	1.38B	1.52B	2.05B
Operating income	-1.10B	-1.13B	-1.12B	-511.00M
Other non operating income	139.50M	483.00M	1.00M	-2.00M
EBT including unusual items	-1.11B	-792.00M	-1.24B	-599.00M
EBT excluding unusual items	-956.00M	-721.00M	-1.20B	-599.00M
Income tax expense	1.00M	1.00M	3.00M	1.00M
Effective tax rate	-0.09%	-0.13%	-0.24%	-0.17%
Other operating expenses	-	-	-	-
Net income	-1.11B	-793.00M	-1.24B	-600.00M
Net profit margin	-392.73%	-309.77%	-308.19%	-38.94%
Earnings per share	-	-	-	-
Interest and investment income	-	-	12.00M	1.00M
Interest expense	-	-85.00M	-90.00M	-89.00M
Net interest expenses	-	-85.00M	-78.00M	-88.00M
Depreciation and amortization charges	-	-	-	-
EBITDA	-	-	-	-509.50M
Gain or loss from assets sale	-	-	-	-

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