All values in JPY	Oct 2025	Jan 2026	Apr 2026	Jul 2026
Revenue	288.00M	356.00M	443.00M	266.00M
Cost of goods sold	130.00M	120.00M	131.00M	119.00M
Cost of revenue	130.00M	120.00M	131.00M	119.00M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	376.00M	413.00M	381.00M	350.00M
Operating expense	376.00M	413.00M	381.00M	350.00M
Total operating expenses	506.00M	533.00M	512.00M	469.00M
Operating income	-218.00M	-177.00M	-69.00M	-203.00M
Other non operating income	1.00M	-	6.00M	2.00M
EBT including unusual items	-217.00M	-170.00M	-78.00M	-205.00M
EBT excluding unusual items	-217.00M	-178.00M	-66.00M	-205.00M
Income tax expense	-	1.00M	-	1.00M
Effective tax rate	-	-0.59%	-	-0.49%
Other operating expenses	-	-	-	-
Net income	-217.00M	-171.00M	-78.00M	-206.00M
Net profit margin	-75.35%	-48.03%	-17.61%	-77.44%
Earnings per share	-	-	-	-
Interest and investment income	-	-	-	-
Interest expense	-	-1.00M	-3.00M	-4.00M
Net interest expenses	-	-1.00M	-3.00M	-4.00M
Depreciation and amortization charges	-	-	-	-
EBITDA	-190.75M	-152.00M	-41.75M	-178.25M
Gain or loss from assets sale	-	-	-	-

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