
Revenue
FY, 2025
| JPY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 910.4M | 847.0M | 667.3M | 632.9M | 447.2M | 289.4M | 455.5M | 546.2M |
| Cost of goods sold | 392.9M | 324.7M | 292.2M | 218.2M | 177.0M | 138.9M | 411.9M | 484.6M |
| Gross profit | 517.4M | 522.3M | 375.2M | 414.7M | 270.2M | 150.5M | 43.6M | 61.7M |
| Gross profit margin, % | 56.8% | 61.7% | 56.2% | 65.5% | 60.4% | 52.0% | 9.6% | 11.3% |
| Operating expense total | 399.1M | 613.5M | 580.8M | 510.6M | 493.2M | 550.9M | 340.9M | 338.3M |
| Depreciation and amortization | 27.8M | 67.8M | 107.3M | 97.3M | 17.1M | 62.3M | 54.7M | 33.0M |
| EBITDA | 118.3M | (91.2M) | (205.6M) | (95.9M) | (223.0M) | (411.5M) | (297.3M) | (269.5M) |
| EBITDA margin, % | 13.0% | -10.8% | -30.8% | -15.1% | -49.9% | -142.2% | -65.3% | -49.3% |
| EBIT | 79.1M | (165.5M) | (313.8M) | (729.5M) | (211.7M) | (446.1M) | (304.5M) | (233.1M) |
| EBIT margin, % | 8.7% | -19.5% | -47.0% | -115.3% | -47.3% | -154.2% | -66.9% | -42.7% |
| Interest income | 2.0K | 101.0K | 8.0K | 535.0K | 6.0K | 1.0K | 106.0K | 290.0K |
| Interest expense | 672.0K | 3.4M | 3.7M | 7.3M | 2.2M | 2.7M | 2.5M | |
| Pre tax profit | 79.6M | (164.7M) | (301.0M) | (739.2M) | (228.1M) | (496.1M) | (331.7M) | (261.4M) |
| Income tax expense | (362.0K) | 28.2M | 6.6M | 1.5M | 3.7M | 5.7M | 1.2M | 2.5M |
| Net Income | 80.0M | (193.0M) | (307.5M) | (740.8M) | (231.8M) | (501.8M) | (332.9M) | (263.9M) |