All values in JPY	Nov 2025	Feb 2026	May 2026	Aug 2026
Revenue	5.32B	5.28B	4.79B	4.74B
Cost of goods sold	3.75B	3.72B	3.35B	3.51B
Cost of revenue	3.75B	3.72B	3.35B	3.51B
Research and development expenses	-	185.00M	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	975.00M	918.00M	1.10B	989.00M
Operating expense	975.00M	1.17B	1.10B	989.00M
Total operating expenses	4.72B	4.89B	4.46B	4.50B
Operating income	596.00M	390.00M	332.00M	236.00M
Other non operating income	1.00M	24.00M	-2.00M	33.00M
EBT including unusual items	622.00M	485.00M	312.00M	302.00M
EBT excluding unusual items	622.00M	485.00M	312.00M	302.00M
Income tax expense	190.00M	63.00M	145.00M	99.00M
Effective tax rate	30.55%	12.99%	46.47%	32.78%
Other operating expenses	-	-	-	-
Net income	425.00M	416.00M	163.00M	198.00M
Net profit margin	7.99%	7.88%	3.40%	4.18%
Earnings per share	-	-	-	-
Interest and investment income	1.00M	4.00M	1.00M	8.00M
Interest expense	-	-	-	-
Net interest expenses	1.00M	4.00M	1.00M	8.00M
Depreciation and amortization charges	-	67.00M	-	-
EBITDA	664.50M	460.75M	402.75M	327.50M
Gain or loss from assets sale	-	-	-	-

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