All values in JPY	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	9.36B	10.51B	11.37B	12.82B
Cost of goods sold	7.93B	8.95B	9.67B	10.96B
Cost of revenue	7.93B	8.95B	9.67B	10.96B
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	1.23B	1.24B	1.30B	1.43B
Operating expense	1.23B	1.24B	1.30B	1.43B
Total operating expenses	9.15B	10.19B	10.96B	12.39B
Operating income	202.00M	316.00M	401.00M	432.00M
Other non operating income	8.00M	3.00M	5.00M	50.00M
EBT including unusual items	204.00M	311.00M	428.00M	482.00M
EBT excluding unusual items	203.00M	311.00M	399.00M	472.00M
Income tax expense	42.00M	139.00M	106.00M	204.00M
Effective tax rate	20.59%	44.69%	24.77%	42.32%
Other operating expenses	-	-	-	-
Net income	162.00M	172.00M	322.00M	278.00M
Net profit margin	1.73%	1.64%	2.83%	2.17%
Earnings per share	-	-	-	-
Interest and investment income	2.00M	1.00M	1.00M	1.00M
Interest expense	-9.00M	-9.00M	-8.00M	-11.00M
Net interest expenses	-7.00M	-8.00M	-7.00M	-10.00M
Depreciation and amortization charges	-	-	-	-
EBITDA	299.00M	414.50M	498.00M	528.00M
Gain or loss from assets sale	-	-	-	-

Finance

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