All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	361.07M	380.46M	371.00M	423.84M
Cost of goods sold	248.63M	217.01M	195.00M	230.95M
Cost of revenue	248.63M	217.01M	195.00M	230.95M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	192.76M	178.33M	168.00M	204.58M
Operating expense	190.76M	178.31M	168.00M	204.57M
Total operating expenses	439.40M	395.32M	363.00M	435.52M
Operating income	-78.33M	-14.86M	8.00M	-11.69M
Other non operating income	-667.00K	-201.50K	1.00M	-172.00K
EBT including unusual items	-102.39M	-2.94M	-4.00M	-1.39M
EBT excluding unusual items	-67.42M	-4.06M	-6.00M	-3.00M
Income tax expense	12.77M	2.75M	-2.00M	835.00K
Effective tax rate	-12.47%	-93.50%	50.00%	-60.16%
Other operating expenses	-2.00M	-	-	-
Net income	-115.16M	-5.69M	-2.00M	-2.22M
Net profit margin	-31.89%	-1.49%	-0.54%	-0.52%
Earnings per share	-	-	-	-
Interest and investment income	-	361.50K	-	115.00K
Interest expense	-1.48M	-2.14M	-2.00M	-2.39M
Net interest expenses	-1.48M	-1.78M	-2.00M	-2.28M
Depreciation and amortization charges	-	-	-	-
EBITDA	-64.83M	-1.12M	20.00M	2.06M
Gain or loss from assets sale	-	-	-	-

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