All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	653.00M	735.00M	694.00M	720.00M
Cost of goods sold	240.00M	251.00M	247.00M	258.00M
Cost of revenue	240.00M	251.00M	247.00M	258.00M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	511.00M	567.00M	481.00M	516.00M
Operating expense	511.00M	571.00M	481.00M	516.00M
Total operating expenses	751.00M	822.00M	728.00M	774.00M
Operating income	-98.00M	-87.00M	-34.00M	-54.00M
Other non operating income	3.00M	2.00M	1.00M	2.00M
EBT including unusual items	-87.00M	-86.00M	-13.00M	-74.00M
EBT excluding unusual items	-100.00M	-92.00M	-39.00M	-60.00M
Income tax expense	1.00M	-7.00M	11.00M	-3.00M
Effective tax rate	-1.15%	8.14%	-84.62%	4.05%
Other operating expenses	-	-	-	-
Net income	-88.00M	-79.00M	-24.00M	-71.00M
Net profit margin	-13.48%	-10.75%	-3.46%	-9.86%
Earnings per share	-	-	-	-
Interest and investment income	2.00M	-	1.00M	-
Interest expense	-7.00M	-7.00M	-7.00M	-8.00M
Net interest expenses	-5.00M	-7.00M	-6.00M	-8.00M
Depreciation and amortization charges	-	-	-	-
EBITDA	-72.25M	-46.00M	7.00M	-12.00M
Gain or loss from assets sale	-	-	-	-

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