All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	1.68B	1.60B	1.71B	1.46B
Cost of goods sold	902.00M	855.00M	893.00M	842.00M
Cost of revenue	902.00M	855.00M	893.00M	842.00M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	735.00M	715.00M	649.00M	663.00M
Operating expense	735.00M	715.00M	649.00M	663.00M
Total operating expenses	1.64B	1.57B	1.54B	1.50B
Operating income	41.00M	31.00M	165.00M	-50.00M
Other non operating income	-1.00M	-4.00M	17.00M	-23.00M
EBT including unusual items	24.00M	149.00M	236.00M	-141.00M
EBT excluding unusual items	14.00M	147.00M	209.00M	-15.00M
Income tax expense	51.00M	42.00M	123.00M	77.00M
Effective tax rate	212.50%	28.19%	-	-54.61%
Other operating expenses	-	-	-	-
Net income	-24.00M	111.00M	117.00M	-215.00M
Net profit margin	-1.43%	6.93%	-	-14.78%
Earnings per share	-	-	-	-
Interest and investment income	13.00M	35.00M	16.00M	28.00M
Interest expense	-1.00M	-	-	-
Net interest expenses	12.00M	35.00M	16.00M	28.00M
Depreciation and amortization charges	-	-	-	-
EBITDA	41.75M	66.00M	165.75M	-12.50M
Gain or loss from assets sale	-	-	-	-

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