All values in JPY	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Revenue	841.19M	1.58B	1.95B	1.68B
Cost of goods sold	436.44M	767.56M	1.13B	879.06M
Cost of revenue	436.44M	767.56M	1.13B	879.06M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	346.11M	344.89M	398.60M	393.40M
Operating expense	346.11M	344.89M	398.60M	444.40M
Total operating expenses	782.55M	1.11B	1.53B	1.32B
Operating income	58.64M	467.36M	415.66M	360.34M
Other non operating income	-138.00K	-1.86M	1.90M	-2.90M
EBT including unusual items	58.10M	464.90M	418.38M	327.62M
EBT excluding unusual items	58.36M	464.64M	419.31M	358.69M
Income tax expense	23.48M	148.52M	153.58M	104.42M
Effective tax rate	40.42%	31.95%	-	31.87%
Other operating expenses	-	-	-	28.00M
Net income	34.62M	316.38M	264.80M	223.20M
Net profit margin	4.12%	20.03%	-	13.26%
Earnings per share	-	-	-	-
Interest and investment income	1.12M	-	2.34M	1.24M
Interest expense	-1.27M	-857.00K	-584.00K	-
Net interest expenses	-143.00K	-857.00K	1.76M	1.24M
Depreciation and amortization charges	-	-	-	-
EBITDA	-	498.86M	443.90M	394.60M
Gain or loss from assets sale	-	-	-	-

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