All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	348.00M	436.00M	439.00M	300.00M
Cost of goods sold	105.00M	153.00M	152.00M	101.00M
Cost of revenue	105.00M	153.00M	152.00M	101.00M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	247.00M	295.00M	260.00M	279.00M
Operating expense	248.00M	295.00M	260.00M	279.00M
Total operating expenses	353.00M	448.00M	412.00M	380.00M
Operating income	-5.00M	-12.00M	27.00M	-80.00M
Other non operating income	3.00M	-	1.00M	-
EBT including unusual items	-4.00M	-13.00M	27.00M	-82.00M
EBT excluding unusual items	-4.00M	-13.00M	27.00M	-82.00M
Income tax expense	5.00M	8.00M	8.00M	7.00M
Effective tax rate	-125.00%	-61.54%	29.63%	-8.54%
Other operating expenses	-	-	-	-
Net income	-8.00M	-23.00M	18.00M	-90.00M
Net profit margin	-2.30%	-5.28%	4.10%	-30.00%
Earnings per share	-	-	-	-
Interest and investment income	-	-	-	-
Interest expense	-2.00M	-1.00M	-1.00M	-2.00M
Net interest expenses	-2.00M	-1.00M	-1.00M	-2.00M
Depreciation and amortization charges	-	-	-	-
EBITDA	2.00M	-5.00M	35.50M	-73.00M
Gain or loss from assets sale	-	-	-	-

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