All values in JPY	Nov 2025	Feb 2026	May 2026	Aug 2026
Revenue	148.40B	141.27B	159.61B	158.49B
Cost of goods sold	122.98B	115.18B	134.00B	132.11B
Cost of revenue	122.98B	115.18B	134.00B	132.11B
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	19.39B	16.20B	21.26B	21.96B
Operating expense	19.39B	20.40B	21.26B	21.96B
Total operating expenses	142.38B	135.58B	155.26B	154.07B
Operating income	6.02B	5.70B	4.36B	4.42B
Other non operating income	-52.00M	-192.00M	3.00M	-111.00M
EBT including unusual items	5.67B	4.29B	3.84B	3.81B
EBT excluding unusual items	5.69B	5.14B	3.90B	3.82B
Income tax expense	1.77B	1.50B	1.09B	1.26B
Effective tax rate	31.22%	35.04%	28.30%	33.20%
Other operating expenses	-	-	-	-
Net income	3.92B	2.83B	2.67B	2.53B
Net profit margin	2.64%	2.00%	1.67%	1.59%
Earnings per share	-	-	-	-
Interest and investment income	25.00M	36.00M	29.00M	42.00M
Interest expense	-324.00M	-386.00M	-468.00M	-507.00M
Net interest expenses	-299.00M	-350.00M	-439.00M	-465.00M
Depreciation and amortization charges	-	2.82B	-	-
EBITDA	6.83B	6.75B	5.41B	5.87B
Gain or loss from assets sale	-	-	-	-

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