All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	1.11B	1.16B	683.00M	817.00M
Cost of goods sold	590.00M	686.00M	478.00M	485.00M
Cost of revenue	590.00M	686.00M	478.00M	485.00M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	549.00M	357.00M	552.00M	555.00M
Operating expense	549.00M	599.00M	552.00M	555.00M
Total operating expenses	1.14B	1.28B	1.03B	1.04B
Operating income	-33.00M	-125.00M	-347.00M	-223.00M
Other non operating income	-21.00M	11.00M	5.00M	-24.00M
EBT including unusual items	-61.00M	309.00M	-501.00M	-932.00M
EBT excluding unusual items	-61.00M	-134.00M	-513.00M	-909.00M
Income tax expense	-247.00M	-11.00M	11.00M	10.00M
Effective tax rate	404.92%	-3.56%	-2.20%	-1.07%
Other operating expenses	-	-	-	-
Net income	186.00M	320.00M	-490.00M	-927.00M
Net profit margin	16.82%	27.59%	-71.74%	-113.46%
Earnings per share	-	-	-	-
Interest and investment income	6.00M	1.00M	7.00M	2.00M
Interest expense	-13.00M	-21.00M	-19.00M	-17.00M
Net interest expenses	-7.00M	-20.00M	-12.00M	-15.00M
Depreciation and amortization charges	-	-	-	-
EBITDA	11.00M	-59.50M	-281.50M	-169.50M
Gain or loss from assets sale	-	-	-	-

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