All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	5.24B	368.57M	755.43M	735.00M
Cost of goods sold	3.66B	196.74M	342.26M	413.00M
Cost of revenue	3.66B	196.74M	342.26M	413.00M
Research and development expenses	109.00M	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	168.14M	260.70M	317.30M	290.00M
Operating expense	327.14M	260.70M	317.30M	290.00M
Total operating expenses	3.99B	457.44M	659.56M	703.00M
Operating income	1.26B	-88.87M	95.87M	32.00M
Other non operating income	-4.30M	-964.00K	-36.00K	2.00M
EBT including unusual items	1.23B	-94.65M	109.65M	41.00M
EBT excluding unusual items	1.23B	-96.10M	110.10M	41.00M
Income tax expense	440.85M	45.35M	18.65M	-3.00M
Effective tax rate	35.73%	-47.91%	17.01%	-7.32%
Other operating expenses	-	-	-	-
Net income	792.97M	-140.00M	91.00M	44.00M
Net profit margin	15.13%	-37.98%	12.05%	5.99%
Earnings per share	-	-	-	-
Interest and investment income	3.45M	4.86M	9.14M	9.00M
Interest expense	-	-	-	-
Net interest expenses	3.45M	4.86M	9.14M	9.00M
Depreciation and amortization charges	50.00M	-	-	-
EBITDA	1.31B	-31.72M	152.37M	89.00M
Gain or loss from assets sale	-	-	-	-

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