All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	5.41B	4.79B	5.98B	4.98B
Cost of goods sold	2.76B	2.24B	3.06B	2.44B
Cost of revenue	2.76B	2.24B	3.06B	2.44B
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	2.56B	2.61B	1.03B	2.45B
Operating expense	2.56B	2.61B	2.46B	2.45B
Total operating expenses	5.32B	4.85B	5.51B	4.89B
Operating income	87.00M	-63.00M	471.00M	96.00M
Other non operating income	25.00M	19.00M	6.00M	5.00M
EBT including unusual items	54.00M	-108.00M	485.00M	3.00M
EBT excluding unusual items	54.00M	-108.00M	430.00M	3.00M
Income tax expense	22.00M	-3.00M	36.00M	-8.00M
Effective tax rate	40.74%	2.78%	7.42%	-266.67%
Other operating expenses	-	-	-	-
Net income	32.00M	-105.00M	449.00M	11.00M
Net profit margin	0.59%	-2.19%	7.50%	0.22%
Earnings per share	-	-	-	-
Interest and investment income	2.00M	-	3.00M	-
Interest expense	-71.00M	-68.00M	-65.00M	-68.00M
Net interest expenses	-69.00M	-68.00M	-62.00M	-68.00M
Depreciation and amortization charges	-	-	1.43B	-
EBITDA	444.50M	279.75M	828.75M	453.75M
Gain or loss from assets sale	-	-	-	-

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