All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	1.12B	1.03B	1.34B	1.15B
Cost of goods sold	544.00M	510.00M	740.00M	612.00M
Cost of revenue	544.00M	510.00M	740.00M	612.00M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	304.00M	512.00M	551.00M	502.00M
Operating expense	550.00M	512.00M	551.00M	502.00M
Total operating expenses	1.09B	1.02B	1.29B	1.11B
Operating income	21.00M	6.00M	52.00M	37.00M
Other non operating income	5.00M	1.00M	14.00M	40.00M
EBT including unusual items	-9.00M	-6.00M	42.00M	48.00M
EBT excluding unusual items	9.00M	-11.00M	42.00M	48.00M
Income tax expense	1.00M	1.00M	1.00M	1.00M
Effective tax rate	-11.11%	-16.67%	2.38%	2.08%
Other operating expenses	1.00M	-	-	-
Net income	-10.00M	-7.00M	41.00M	47.00M
Net profit margin	-0.90%	-0.68%	3.05%	4.08%
Earnings per share	-	-	-	-
Interest and investment income	5.00M	3.00M	1.00M	-
Interest expense	-22.00M	-21.00M	-25.00M	-29.00M
Net interest expenses	-17.00M	-18.00M	-24.00M	-29.00M
Depreciation and amortization charges	245.00M	-	-	-
EBITDA	107.75M	92.75M	141.00M	123.75M
Gain or loss from assets sale	-	-	-	-

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