All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	1.24B	1.24B	1.25B	1.28B
Cost of goods sold	933.00M	964.00M	964.00M	958.00M
Cost of revenue	933.00M	964.00M	964.00M	958.00M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	145.00M	37.00M	137.00M	146.00M
Operating expense	145.00M	214.00M	137.00M	146.00M
Total operating expenses	1.08B	1.18B	1.10B	1.10B
Operating income	161.00M	60.00M	147.00M	173.00M
Other non operating income	-	12.00M	1.00M	20.00M
EBT including unusual items	185.00M	63.00M	153.00M	264.00M
EBT excluding unusual items	185.00M	56.00M	153.00M	178.00M
Income tax expense	61.00M	35.00M	52.00M	100.00M
Effective tax rate	32.97%	55.56%	33.99%	37.88%
Other operating expenses	-	177.00M	-	-
Net income	124.00M	27.00M	101.00M	164.00M
Net profit margin	10.01%	2.18%	8.09%	12.84%
Earnings per share	-	-	-	-
Interest and investment income	39.00M	-	19.00M	-
Interest expense	-15.00M	-16.00M	-14.00M	-15.00M
Net interest expenses	24.00M	-16.00M	5.00M	-15.00M
Depreciation and amortization charges	-	-	-	-
EBITDA	304.00M	203.50M	290.50M	316.00M
Gain or loss from assets sale	-	-	-	-

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