All values in JPY	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Revenue	155.50M	155.50M	182.50M	182.50M
Cost of goods sold	59.00M	59.00M	63.00M	63.00M
Cost of revenue	59.00M	59.00M	63.00M	63.00M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	62.50M	62.50M	90.00M	90.00M
Operating expense	62.50M	62.50M	90.00M	90.00M
Total operating expenses	121.50M	121.50M	153.00M	153.00M
Operating income	34.00M	34.00M	29.50M	29.50M
Other non operating income	4.50M	4.50M	500.00K	500.00K
EBT including unusual items	38.50M	38.50M	30.50M	30.50M
EBT excluding unusual items	38.50M	38.50M	30.50M	30.50M
Income tax expense	12.50M	12.50M	6.00M	6.00M
Effective tax rate	32.47%	32.47%	19.67%	19.67%
Other operating expenses	-	-	-	-
Net income	26.00M	26.00M	24.50M	24.50M
Net profit margin	16.72%	16.72%	13.42%	13.42%
Earnings per share	-	-	-	-
Interest and investment income	-	-	500.00K	500.00K
Interest expense	-	-	-	-
Net interest expenses	-	-	500.00K	500.00K
Depreciation and amortization charges	-	-	-	-
EBITDA	-	-	-	30.25M
Gain or loss from assets sale	-	-	-	-

Finance

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