All values in JPY	Feb 2025	May 2025	Aug 2025	Nov 2025
Revenue	1.53B	1.53B	1.51B	1.51B
Cost of goods sold	1.15B	1.15B	1.21B	1.21B
Cost of revenue	1.15B	1.15B	1.21B	1.21B
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	154.50M	154.50M	145.50M	145.50M
Operating expense	154.50M	154.50M	145.50M	145.50M
Total operating expenses	1.30B	1.30B	1.36B	1.36B
Operating income	227.00M	227.00M	153.50M	153.50M
Other non operating income	2.50M	2.50M	500.00K	500.00K
EBT including unusual items	225.00M	225.00M	157.50M	157.50M
EBT excluding unusual items	225.00M	225.00M	154.00M	154.00M
Income tax expense	77.50M	77.50M	51.00M	51.00M
Effective tax rate	34.44%	34.44%	32.38%	32.38%
Other operating expenses	-	-	-	-
Net income	147.50M	147.50M	106.50M	106.50M
Net profit margin	9.65%	9.65%	7.05%	7.05%
Earnings per share	-	-	-	-
Interest and investment income	500.00K	500.00K	1.00M	1.00M
Interest expense	-3.50M	-3.50M	-500.00K	-500.00K
Net interest expenses	-3.00M	-3.00M	500.00K	500.00K
Depreciation and amortization charges	-	-	-	-
EBITDA	-	260.75M	187.25M	187.25M
Gain or loss from assets sale	-	-	-	-

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