All values in JPY	May 2025	Aug 2025	Nov 2025	Feb 2026
Revenue	1.67B	1.67B	2.15B	2.15B
Cost of goods sold	1.12B	1.12B	1.48B	1.48B
Cost of revenue	1.12B	1.12B	1.48B	1.48B
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	541.50M	541.50M	507.00M	507.00M
Operating expense	541.50M	541.50M	507.00M	507.00M
Total operating expenses	1.66B	1.66B	1.99B	1.99B
Operating income	9.00M	9.00M	159.00M	159.00M
Other non operating income	38.00M	38.00M	5.00M	5.00M
EBT including unusual items	92.00M	92.00M	147.00M	147.00M
EBT excluding unusual items	40.50M	40.50M	154.50M	154.50M
Income tax expense	12.50M	12.50M	47.00M	47.00M
Effective tax rate	13.59%	13.59%	31.97%	31.97%
Other operating expenses	-	-	-	-
Net income	80.00M	80.00M	100.00M	100.00M
Net profit margin	4.78%	4.78%	4.66%	4.66%
Earnings per share	-	-	-	-
Interest and investment income	500.00K	500.00K	-	-
Interest expense	-7.00M	-7.00M	-9.50M	-9.50M
Net interest expenses	-6.50M	-6.50M	-9.50M	-9.50M
Depreciation and amortization charges	-	-	-	-
EBITDA	96.00M	96.00M	238.00M	238.00M
Gain or loss from assets sale	-500.00K	-500.00K	7.50M	7.50M

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