All values in JPY	May 2025	Aug 2025	Nov 2025	Feb 2026
Revenue	633.00M	633.00M	592.00M	592.00M
Cost of goods sold	458.00M	458.00M	435.00M	435.00M
Cost of revenue	458.00M	458.00M	435.00M	435.00M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	128.00M	128.00M	122.00M	122.00M
Operating expense	128.00M	128.00M	122.00M	122.00M
Total operating expenses	586.00M	586.00M	557.00M	557.00M
Operating income	47.00M	47.00M	35.00M	35.00M
Other non operating income	500.00K	500.00K	-1.00M	-1.00M
EBT including unusual items	27.00M	27.00M	31.50M	31.50M
EBT excluding unusual items	45.00M	45.00M	31.50M	31.50M
Income tax expense	9.50M	9.50M	10.50M	10.50M
Effective tax rate	35.19%	35.19%	33.33%	33.33%
Other operating expenses	-	-	-	-
Net income	17.50M	17.50M	21.00M	21.00M
Net profit margin	2.76%	2.76%	3.55%	3.55%
Earnings per share	-	-	-	-
Interest and investment income	-	-	-	-
Interest expense	-2.50M	-2.50M	-2.50M	-2.50M
Net interest expenses	-2.50M	-2.50M	-2.50M	-2.50M
Depreciation and amortization charges	-	-	-	-
EBITDA	52.50M	52.50M	40.25M	40.25M
Gain or loss from assets sale	5.00M	5.00M	-	-

Finance

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