All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	10.95B	10.58B	10.96B	10.87B
Cost of goods sold	8.00B	7.72B	7.94B	7.93B
Cost of revenue	8.00B	7.72B	7.94B	7.93B
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	2.80B	2.64B	2.75B	2.73B
Operating expense	2.93B	2.77B	2.89B	2.86B
Total operating expenses	10.93B	10.49B	10.82B	10.79B
Operating income	15.00M	88.00M	134.00M	81.00M
Other non operating income	4.00M	8.00M	6.00M	1.00M
EBT including unusual items	8.00M	84.00M	92.00M	69.00M
EBT excluding unusual items	11.00M	82.00M	132.00M	68.00M
Income tax expense	11.00M	37.00M	43.00M	20.00M
Effective tax rate	137.50%	44.05%	46.74%	28.99%
Other operating expenses	-	-	-	-
Net income	-14.00M	41.00M	47.00M	40.00M
Net profit margin	-0.13%	0.39%	0.43%	0.37%
Earnings per share	-	-	-	-
Interest and investment income	5.00M	1.00M	5.00M	-
Interest expense	-13.00M	-15.00M	-13.00M	-14.00M
Net interest expenses	-8.00M	-14.00M	-8.00M	-14.00M
Depreciation and amortization charges	131.00M	134.00M	137.00M	130.00M
EBITDA	176.00M	284.25M	299.50M	246.50M
Gain or loss from assets sale	-	-	-	-

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