All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	1.37B	1.37B	1.34B	1.34B
Cost of goods sold	1.16B	1.16B	1.11B	1.11B
Cost of revenue	1.16B	1.16B	1.11B	1.11B
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	111.50M	111.50M	103.00M	103.00M
Operating expense	111.50M	111.50M	103.00M	103.00M
Total operating expenses	1.28B	1.28B	1.22B	1.22B
Operating income	90.00M	90.00M	124.50M	124.50M
Other non operating income	1.50M	1.50M	2.50M	2.50M
EBT including unusual items	88.00M	88.00M	128.00M	128.00M
EBT excluding unusual items	88.00M	88.00M	122.50M	122.50M
Income tax expense	29.00M	29.00M	42.50M	42.50M
Effective tax rate	32.95%	32.95%	33.20%	33.20%
Other operating expenses	-	-	-	-
Net income	59.00M	59.00M	85.50M	85.50M
Net profit margin	4.32%	4.32%	6.37%	6.37%
Earnings per share	-	-	-	-
Interest and investment income	500.00K	500.00K	500.00K	500.00K
Interest expense	-4.00M	-4.00M	-5.00M	-5.00M
Net interest expenses	-3.50M	-3.50M	-4.50M	-4.50M
Depreciation and amortization charges	-	-	-	-
EBITDA	111.00M	111.00M	142.00M	142.00M
Gain or loss from assets sale	-	-	-5.50M	-5.50M

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