All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	935.00M	905.00M	939.00M	905.00M
Cost of goods sold	670.00M	688.00M	726.00M	663.00M
Cost of revenue	670.00M	688.00M	726.00M	663.00M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	126.00M	118.00M	126.00M	133.00M
Operating expense	135.00M	128.00M	140.00M	139.00M
Total operating expenses	805.00M	816.00M	866.00M	802.00M
Operating income	130.00M	89.00M	73.00M	103.00M
Other non operating income	1.00M	3.00M	-4.00M	1.00M
EBT including unusual items	134.00M	93.00M	49.00M	96.00M
EBT excluding unusual items	136.00M	93.00M	72.00M	124.00M
Income tax expense	12.00M	23.00M	21.00M	12.00M
Effective tax rate	8.96%	24.73%	42.86%	12.50%
Other operating expenses	8.00M	8.00M	13.00M	6.00M
Net income	122.00M	70.00M	28.00M	84.00M
Net profit margin	13.05%	7.73%	2.98%	9.28%
Earnings per share	-	-	-	-
Interest and investment income	5.00M	1.00M	3.00M	20.00M
Interest expense	-	-	-	-
Net interest expenses	5.00M	1.00M	3.00M	20.00M
Depreciation and amortization charges	1.00M	2.00M	1.00M	-
EBITDA	239.00M	197.50M	181.50M	211.50M
Gain or loss from assets sale	-	-	-	-

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