All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	2.30B	2.47B	2.10B	2.32B
Cost of goods sold	1.80B	1.83B	1.66B	1.78B
Cost of revenue	1.80B	1.83B	1.66B	1.78B
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	352.00M	395.00M	368.00M	389.00M
Operating expense	388.00M	395.00M	368.00M	389.00M
Total operating expenses	2.18B	2.23B	2.02B	2.17B
Operating income	113.00M	243.00M	77.00M	148.00M
Other non operating income	-	2.00M	3.00M	-
EBT including unusual items	116.00M	257.00M	77.00M	138.00M
EBT excluding unusual items	116.00M	244.00M	77.00M	144.00M
Income tax expense	39.00M	85.00M	33.00M	48.00M
Effective tax rate	33.62%	33.07%	42.86%	34.78%
Other operating expenses	2.00M	-	-	-
Net income	77.00M	172.00M	44.00M	90.00M
Net profit margin	3.35%	6.96%	2.09%	3.88%
Earnings per share	-	-	-	-
Interest and investment income	5.00M	2.00M	1.00M	-
Interest expense	-2.00M	-3.00M	-4.00M	-4.00M
Net interest expenses	3.00M	-1.00M	-3.00M	-4.00M
Depreciation and amortization charges	27.00M	-	-	-
EBITDA	235.25M	365.25M	205.50M	270.25M
Gain or loss from assets sale	-	-	-	-

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