All values in JPY	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Revenue	157.50M	157.50M	172.50M	172.50M
Cost of goods sold	112.00M	112.00M	126.50M	126.50M
Cost of revenue	112.00M	112.00M	126.50M	126.50M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	34.50M	34.50M	45.00M	45.00M
Operating expense	34.50M	34.50M	45.00M	45.00M
Total operating expenses	146.50M	146.50M	171.50M	171.50M
Operating income	11.00M	11.00M	1.00M	1.00M
Other non operating income	-	-	-1.00M	-1.00M
EBT including unusual items	32.00M	32.00M	-	-
EBT excluding unusual items	11.00M	11.00M	-	-
Income tax expense	11.00M	11.00M	-500.00K	-500.00K
Effective tax rate	34.38%	34.38%	-	-
Other operating expenses	-	-	-	-
Net income	21.00M	21.00M	500.00K	500.00K
Net profit margin	13.33%	13.33%	0.29%	0.29%
Earnings per share	-	-	-	-
Interest and investment income	-	-	-	-
Interest expense	-	-	-	-
Net interest expenses	-	-	-	-
Depreciation and amortization charges	-	-	-	-
EBITDA	11.25M	11.25M	1.25M	1.25M
Gain or loss from assets sale	-	-	-	-

Finance

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