All values in JPY	Nov 2025	Feb 2026	May 2026	Aug 2026
Revenue	2.13B	2.78B	2.84B	2.72B
Cost of goods sold	1.85B	2.30B	2.37B	2.48B
Cost of revenue	1.85B	2.30B	2.37B	2.48B
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	272.00M	251.00M	252.00M	269.00M
Operating expense	272.00M	251.00M	252.00M	269.00M
Total operating expenses	2.12B	2.55B	2.62B	2.74B
Operating income	10.00M	231.00M	211.00M	-27.00M
Other non operating income	11.00M	25.00M	20.00M	25.00M
EBT including unusual items	274.00M	242.00M	208.00M	-134.00M
EBT excluding unusual items	11.00M	245.00M	215.00M	-14.00M
Income tax expense	47.00M	158.00M	81.00M	-153.00M
Effective tax rate	17.15%	65.29%	38.94%	114.18%
Other operating expenses	-	-	-	-
Net income	226.00M	73.00M	112.00M	20.00M
Net profit margin	10.61%	2.63%	3.95%	0.74%
Earnings per share	-	-	-	-
Interest and investment income	-	1.00M	-	2.00M
Interest expense	-11.00M	-12.00M	-16.00M	-14.00M
Net interest expenses	-11.00M	-11.00M	-16.00M	-12.00M
Depreciation and amortization charges	-	-	-	-
EBITDA	57.75M	277.50M	258.75M	23.50M
Gain or loss from assets sale	-	-	-	-

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