All values in JPY	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	224.00M	203.00M	138.00M	133.00M
Cost of goods sold	158.00M	147.00M	99.00M	103.00M
Cost of revenue	158.00M	147.00M	99.00M	103.00M
Research and development expenses	-	-	123.00M	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	167.00M	180.00M	73.00M	172.00M
Operating expense	167.00M	180.00M	196.00M	173.00M
Total operating expenses	325.00M	327.00M	295.00M	276.00M
Operating income	-101.00M	-124.00M	-157.00M	-143.00M
Other non operating income	2.00M	-	2.00M	1.00M
EBT including unusual items	-24.00M	-129.00M	-159.00M	-143.00M
EBT excluding unusual items	-99.00M	-122.00M	-155.00M	-141.00M
Income tax expense	1.00M	1.00M	1.00M	1.00M
Effective tax rate	-4.17%	-0.78%	-0.63%	-0.70%
Other operating expenses	-	-	-	-
Net income	-25.00M	-130.00M	-160.00M	-144.00M
Net profit margin	-11.16%	-64.04%	-115.94%	-108.27%
Earnings per share	-	-	-	-
Interest and investment income	-	2.00M	-	1.00M
Interest expense	-	-	-	-
Net interest expenses	-	2.00M	-	1.00M
Depreciation and amortization charges	-	-	-	-
EBITDA	-100.50M	-108.75M	-156.75M	-142.75M
Gain or loss from assets sale	-	-	-	-

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