All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	1.18B	1.31B	1.20B	1.68B
Cost of goods sold	714.00M	788.70M	708.00M	1.01B
Cost of revenue	714.00M	788.70M	708.00M	1.01B
Research and development expenses	41.00M	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	270.00M	350.65M	385.00M	423.00M
Operating expense	362.00M	350.65M	385.00M	423.00M
Total operating expenses	1.08B	1.14B	1.09B	1.43B
Operating income	100.00M	170.01M	109.00M	247.00M
Other non operating income	-2.00M	8.03M	12.00M	2.00M
EBT including unusual items	94.00M	178.50M	121.00M	249.00M
EBT excluding unusual items	102.00M	177.85M	121.00M	249.00M
Income tax expense	-	53.75M	36.00M	85.00M
Effective tax rate	-	30.11%	29.75%	34.14%
Other operating expenses	-	-	-	-
Net income	88.00M	125.00M	84.00M	162.00M
Net profit margin	7.48%	9.55%	6.99%	9.65%
Earnings per share	-	-	-	-
Interest and investment income	4.00M	-	-	-
Interest expense	-	-	-	-
Net interest expenses	4.00M	-	-	-
Depreciation and amortization charges	24.00M	-	-	-
EBITDA	123.75M	196.82M	135.50M	270.75M
Gain or loss from assets sale	-	85.50K	-	-

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