All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	262.00M	249.00M	257.00M	272.00M
Cost of goods sold	143.00M	138.00M	167.00M	139.00M
Cost of revenue	143.00M	138.00M	167.00M	139.00M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	161.00M	115.00M	87.00M	115.00M
Operating expense	161.00M	115.00M	131.00M	115.00M
Total operating expenses	304.00M	253.00M	298.00M	254.00M
Operating income	-42.00M	-4.00M	-41.00M	18.00M
Other non operating income	15.00M	-2.00M	2.00M	-1.00M
EBT including unusual items	-32.00M	1.00M	-212.00M	16.00M
EBT excluding unusual items	-23.00M	1.00M	-35.00M	16.00M
Income tax expense	9.00M	3.00M	1.00M	9.00M
Effective tax rate	-28.12%	300.00%	-0.47%	56.25%
Other operating expenses	-	-	10.00M	-
Net income	-41.00M	-2.00M	-213.00M	7.00M
Net profit margin	-15.65%	-0.80%	-82.88%	2.57%
Earnings per share	-	-	-	-
Interest and investment income	4.00M	8.00M	6.00M	-
Interest expense	-	-1.00M	-2.00M	-1.00M
Net interest expenses	4.00M	7.00M	4.00M	-1.00M
Depreciation and amortization charges	-	-	1.00M	-
EBITDA	-33.00M	4.50M	-31.75M	27.25M
Gain or loss from assets sale	-	-	-	-

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