All values in JPY	Feb 2025	May 2025	Aug 2025	Nov 2025
Revenue	4.40B	4.41B	4.41B	4.42B
Cost of goods sold	1.30B	1.33B	1.33B	1.37B
Cost of revenue	1.30B	1.33B	1.33B	1.37B
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	2.63B	2.58B	2.58B	2.99B
Operating expense	2.63B	2.67B	2.67B	2.81B
Total operating expenses	3.93B	4.01B	4.01B	4.18B
Operating income	471.78M	402.33M	402.33M	240.62M
Other non operating income	-623.00K	4.02M	4.02M	13.60M
EBT including unusual items	292.03M	376.24M	376.24M	228.54M
EBT excluding unusual items	449.16M	377.07M	377.07M	217.43M
Income tax expense	-36.79M	127.96M	127.96M	88.39M
Effective tax rate	-12.60%	34.01%	34.01%	38.68%
Other operating expenses	-	-	-	-
Net income	328.82M	248.28M	248.28M	140.15M
Net profit margin	7.48%	5.63%	5.63%	3.17%
Earnings per share	-	-	-	-
Interest and investment income	4.52M	6.11M	6.11M	259.00K
Interest expense	-26.51M	-35.39M	-35.39M	-37.04M
Net interest expenses	-22.00M	-29.28M	-29.28M	-36.78M
Depreciation and amortization charges	-	90.30M	90.30M	-180.60M
EBITDA	581.50M	509.92M	509.92M	348.20M
Gain or loss from assets sale	-	824.00K	824.00K	-

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