All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	508.01M	616.99M	434.22M	1.14B
Cost of goods sold	96.79M	107.21M	93.05M	536.33M
Cost of revenue	96.79M	107.21M	93.05M	536.33M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	378.74M	373.26M	360.68M	330.66M
Operating expense	378.74M	373.26M	360.68M	390.66M
Total operating expenses	475.54M	480.46M	453.72M	926.99M
Operating income	32.47M	136.53M	-19.50M	211.88M
Other non operating income	236.00K	-3.24M	-3.96M	-10.03M
EBT including unusual items	50.10M	100.90M	-17.66M	227.24M
EBT excluding unusual items	50.90M	143.10M	-18.24M	219.69M
Income tax expense	18.61M	31.39M	-18.48M	92.42M
Effective tax rate	37.15%	31.11%	104.64%	40.67%
Other operating expenses	-	-	-	-
Net income	31.49M	69.51M	955.00K	134.68M
Net profit margin	6.20%	11.27%	0.22%	11.83%
Earnings per share	-	-	-	-
Interest and investment income	8.13M	7.87M	11.17M	10.77M
Interest expense	-	-	-	-1.00M
Net interest expenses	8.13M	7.87M	11.17M	9.77M
Depreciation and amortization charges	-	-	-	54.00M
EBITDA	53.21M	153.03M	1.23M	226.88M
Gain or loss from assets sale	-	-	-	-

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