All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	1.08B	1.11B	1.14B	1.14B
Cost of goods sold	703.00M	725.00M	779.00M	715.00M
Cost of revenue	703.00M	725.00M	779.00M	715.00M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	390.00M	358.00M	346.00M	368.00M
Operating expense	390.00M	358.00M	346.00M	368.00M
Total operating expenses	1.09B	1.08B	1.12B	1.08B
Operating income	-11.00M	24.00M	13.00M	56.00M
Other non operating income	4.00M	-	-	2.00M
EBT including unusual items	6.00M	24.00M	17.00M	89.00M
EBT excluding unusual items	6.00M	24.00M	17.00M	59.00M
Income tax expense	8.00M	11.00M	10.00M	26.00M
Effective tax rate	133.33%	45.83%	58.82%	29.21%
Other operating expenses	-	-	-	-
Net income	-7.00M	10.00M	4.00M	58.00M
Net profit margin	-0.65%	0.90%	0.35%	5.09%
Earnings per share	-	-	-	-
Interest and investment income	13.00M	-	4.00M	1.00M
Interest expense	-	-	-	-
Net interest expenses	13.00M	-	4.00M	1.00M
Depreciation and amortization charges	-	-	-	-
EBITDA	16.75M	52.50M	40.75M	85.25M
Gain or loss from assets sale	-	-	-	-

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