All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	1.46B	1.78B	1.72B	1.84B
Cost of goods sold	353.95M	453.00M	414.00M	443.00M
Cost of revenue	353.95M	453.00M	414.00M	443.00M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	1.25B	791.00M	1.11B	1.19B
Operating expense	1.25B	1.20B	1.11B	1.19B
Total operating expenses	1.60B	1.65B	1.52B	1.64B
Operating income	-139.94M	124.00M	195.00M	201.00M
Other non operating income	1.70M	1.00M	5.00M	28.00M
EBT including unusual items	-155.06M	44.00M	192.00M	292.00M
EBT excluding unusual items	-148.42M	116.00M	192.00M	220.00M
Income tax expense	-13.46M	73.00M	-41.00M	-9.00M
Effective tax rate	8.68%	165.91%	-21.35%	-3.08%
Other operating expenses	-	73.00M	-	-
Net income	-141.60M	-29.00M	233.00M	301.00M
Net profit margin	-9.68%	-1.63%	13.58%	16.39%
Earnings per share	-	-	-	-
Interest and investment income	355.00K	1.00M	2.00M	2.00M
Interest expense	-10.53M	-10.00M	-10.00M	-11.00M
Net interest expenses	-10.18M	-9.00M	-8.00M	-9.00M
Depreciation and amortization charges	-	334.00M	-	-
EBITDA	-65.19M	207.50M	278.50M	296.00M
Gain or loss from assets sale	-	-	-	-

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