All values in JPY	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	720.00M	632.00M	739.00M	689.00M
Cost of goods sold	283.00M	259.00M	285.00M	283.00M
Cost of revenue	283.00M	259.00M	285.00M	283.00M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	502.00M	471.00M	518.00M	495.00M
Operating expense	502.00M	471.00M	518.00M	495.00M
Total operating expenses	785.00M	730.00M	803.00M	778.00M
Operating income	-65.00M	-98.00M	-64.00M	-89.00M
Other non operating income	-	2.00M	-93.00M	4.00M
EBT including unusual items	-72.00M	-103.00M	-237.00M	-206.00M
EBT excluding unusual items	-71.00M	-103.00M	-163.00M	-92.00M
Income tax expense	1.00M	1.00M	1.00M	-
Effective tax rate	-1.39%	-0.97%	-0.42%	-
Other operating expenses	-	-	-	-
Net income	-84.00M	-97.00M	-244.00M	-205.00M
Net profit margin	-11.67%	-15.35%	-33.02%	-29.75%
Earnings per share	-	-	-	-
Interest and investment income	-	-	-	-
Interest expense	-6.00M	-7.00M	-6.00M	-7.00M
Net interest expenses	-6.00M	-7.00M	-6.00M	-7.00M
Depreciation and amortization charges	-	-	-	-
EBITDA	-53.00M	-83.50M	-51.75M	-76.75M
Gain or loss from assets sale	-	-	-	-

Finance

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