All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	61.00M	67.00M	62.00M	56.00M
Cost of goods sold	13.00M	36.00M	16.00M	13.00M
Cost of revenue	13.00M	36.00M	16.00M	13.00M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	184.00M	233.00M	308.00M	222.00M
Operating expense	184.00M	233.00M	309.00M	222.00M
Total operating expenses	197.00M	269.00M	325.00M	235.00M
Operating income	-136.00M	-202.00M	-263.00M	-179.00M
Other non operating income	-13.00M	-52.00M	-182.00M	-31.00M
EBT including unusual items	-140.00M	-938.00M	-1.31B	-112.00M
EBT excluding unusual items	-122.00M	-157.00M	-424.00M	-213.00M
Income tax expense	-	1.00M	-	-
Effective tax rate	-	-0.11%	-	-
Other operating expenses	-	-	1.00M	-
Net income	-140.00M	-939.00M	-1.31B	-112.00M
Net profit margin	-229.51%	-1,401.49%	-2,108.06%	-200.00%
Earnings per share	-	-	-	-
Interest and investment income	-	-	-	-
Interest expense	-3.00M	-11.00M	-28.00M	-3.00M
Net interest expenses	-3.00M	-11.00M	-28.00M	-3.00M
Depreciation and amortization charges	-	-	-	-
EBITDA	-	-	-262.75M	-178.75M
Gain or loss from assets sale	-	-	-	-

Finance

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