All values in JPY	Nov 2025	Feb 2026	May 2026	Aug 2026
Revenue	3.51B	5.10B	4.52B	4.64B
Cost of goods sold	3.15B	4.37B	3.85B	4.13B
Cost of revenue	3.15B	4.37B	3.85B	4.13B
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	462.00M	563.00M	558.00M	561.00M
Operating expense	462.00M	563.00M	558.00M	561.00M
Total operating expenses	3.61B	4.93B	4.41B	4.70B
Operating income	-96.00M	166.00M	107.00M	-57.00M
Other non operating income	14.00M	25.00M	11.00M	14.00M
EBT including unusual items	195.00M	149.00M	78.00M	-91.00M
EBT excluding unusual items	-89.00M	151.00M	78.00M	-93.00M
Income tax expense	27.00M	31.00M	27.00M	-19.00M
Effective tax rate	13.85%	20.81%	34.62%	20.88%
Other operating expenses	-	-	-	-
Net income	168.00M	118.00M	51.00M	-72.00M
Net profit margin	4.78%	2.31%	1.13%	-1.55%
Earnings per share	-	-	-	-
Interest and investment income	2.00M	1.00M	1.00M	3.00M
Interest expense	-37.00M	-41.00M	-46.00M	-52.00M
Net interest expenses	-35.00M	-40.00M	-45.00M	-49.00M
Depreciation and amortization charges	-	-	-	-
EBITDA	131.00M	399.75M	340.75M	180.00M
Gain or loss from assets sale	-	-	-	-

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