All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	2.50B	2.94B	2.75B	3.25B
Cost of goods sold	1.59B	1.78B	1.72B	1.95B
Cost of revenue	1.59B	1.78B	1.72B	1.95B
Research and development expenses	-	-	-	362.00M
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	760.00M	782.00M	795.00M	335.00M
Operating expense	760.00M	782.00M	795.00M	877.00M
Total operating expenses	2.35B	2.56B	2.52B	2.83B
Operating income	153.00M	374.00M	230.00M	422.00M
Other non operating income	11.00M	14.00M	4.00M	52.00M
EBT including unusual items	188.00M	399.00M	239.00M	424.00M
EBT excluding unusual items	188.00M	399.00M	239.00M	477.00M
Income tax expense	79.00M	124.00M	86.00M	124.00M
Effective tax rate	42.02%	31.08%	35.98%	29.25%
Other operating expenses	-	-	-	111.00M
Net income	108.00M	274.00M	152.00M	297.00M
Net profit margin	4.31%	9.33%	5.53%	9.14%
Earnings per share	-	-	-	-
Interest and investment income	10.00M	8.00M	10.00M	11.00M
Interest expense	-	-	-	-
Net interest expenses	10.00M	8.00M	10.00M	11.00M
Depreciation and amortization charges	-	-	-	69.00M
EBITDA	257.50M	484.00M	334.50M	536.25M
Gain or loss from assets sale	-	-	-	-

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