All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	1.03B	1.17B	1.29B	1.51B
Cost of goods sold	276.00M	295.00M	312.00M	310.00M
Cost of revenue	276.00M	295.00M	312.00M	310.00M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	908.00M	958.00M	860.00M	989.00M
Operating expense	908.00M	958.00M	860.00M	989.00M
Total operating expenses	1.18B	1.25B	1.17B	1.30B
Operating income	-153.00M	-79.00M	119.00M	209.00M
Other non operating income	-3.00M	-28.00M	-2.00M	-4.00M
EBT including unusual items	-181.00M	-165.00M	100.00M	199.00M
EBT excluding unusual items	-171.00M	-122.00M	105.00M	194.00M
Income tax expense	-5.00M	-51.00M	-	-
Effective tax rate	2.76%	30.91%	-	-
Other operating expenses	-	-	-	-
Net income	-171.00M	-78.00M	100.00M	197.00M
Net profit margin	-16.59%	-6.64%	7.75%	13.06%
Earnings per share	-	-	-	-
Interest and investment income	1.00M	1.00M	2.00M	1.00M
Interest expense	-12.00M	-13.00M	-11.00M	-10.00M
Net interest expenses	-11.00M	-12.00M	-9.00M	-9.00M
Depreciation and amortization charges	-	-	-	-
EBITDA	-97.75M	11.50M	209.50M	342.00M
Gain or loss from assets sale	-	-	-	-

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