All values in JPY	Apr 2025	Jul 2025	Oct 2025	Jan 2026
Revenue	1.76B	1.76B	1.85B	1.85B
Cost of goods sold	567.00M	567.00M	627.00M	627.00M
Cost of revenue	567.00M	567.00M	627.00M	627.00M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	1.03B	1.03B	1.01B	1.01B
Operating expense	1.03B	1.03B	1.01B	1.01B
Total operating expenses	1.60B	1.60B	1.64B	1.64B
Operating income	160.00M	160.00M	213.50M	213.50M
Other non operating income	20.00M	20.00M	47.50M	47.50M
EBT including unusual items	56.50M	56.50M	260.00M	260.00M
EBT excluding unusual items	178.50M	178.50M	260.00M	260.00M
Income tax expense	26.00M	26.00M	91.00M	91.00M
Effective tax rate	46.02%	46.02%	35.00%	35.00%
Other operating expenses	-	-	-	-
Net income	30.50M	30.50M	169.00M	169.00M
Net profit margin	1.73%	1.73%	9.14%	9.14%
Earnings per share	-	-	-	-
Interest and investment income	-	-	-	-
Interest expense	-1.50M	-1.50M	-1.00M	-1.00M
Net interest expenses	-1.50M	-1.50M	-1.00M	-1.00M
Depreciation and amortization charges	-	-	-	-
EBITDA	177.00M	177.00M	227.50M	227.50M
Gain or loss from assets sale	13.50M	13.50M	-	-

Finance

Research