All values in JPY	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	14.47B	14.67B	13.47B	16.04B
Cost of goods sold	11.85B	12.26B	11.18B	13.17B
Cost of revenue	11.85B	12.26B	11.18B	13.17B
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	2.24B	2.20B	2.05B	2.35B
Operating expense	2.29B	2.23B	2.08B	2.34B
Total operating expenses	14.14B	14.49B	13.27B	15.51B
Operating income	330.00M	187.00M	201.00M	534.00M
Other non operating income	32.00M	32.00M	38.00M	22.00M
EBT including unusual items	385.00M	241.00M	263.00M	572.00M
EBT excluding unusual items	385.00M	241.00M	263.00M	572.00M
Income tax expense	176.00M	66.00M	111.00M	133.00M
Effective tax rate	45.71%	27.39%	42.21%	23.25%
Other operating expenses	-	-	-	-
Net income	209.00M	175.00M	152.00M	439.00M
Net profit margin	1.44%	1.19%	1.13%	2.74%
Earnings per share	-	-	-	-
Interest and investment income	23.00M	22.00M	25.00M	21.00M
Interest expense	-	-	-1.00M	-5.00M
Net interest expenses	23.00M	22.00M	24.00M	16.00M
Depreciation and amortization charges	33.00M	33.00M	34.00M	34.00M
EBITDA	362.75M	222.00M	233.75M	569.50M
Gain or loss from assets sale	-	-	-	-

Finance

Research