
Revenue
FY, 2025
| JPY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.4B | 1.3B | 547.5M | 342.1M | 388.7M | 490.1M | 994.4M | 1.2B |
| Cost of goods sold | 866.6M | 735.6M | 335.3M | 264.8M | 347.9M | 450.1M | 948.3M | 1.1B |
| Gross profit | 556.6M | 587.7M | 212.2M | 77.3M | 40.8M | 40.0M | 46.2M | 136.1M |
| Gross profit margin, % | 44.4% | 38.8% | 22.6% | 10.5% | 8.2% | 4.6% | 11.0% | |
| Operating expense total | 760.0M | 641.0M | 342.9M | 261.9M | 304.4M | 393.0M | 279.2M | 291.3M |
| Depreciation and amortization | 67.6M | 19.0M | 7.1M | 25.1M | 27.0M | 19.2M | 2.1M | 347.8M |
| EBITDA | (203.4M) | (53.3M) | (130.7M) | (184.6M) | (263.6M) | (353.0M) | (233.0M) | (155.2M) |
| EBITDA margin, % | -4.0% | -23.9% | -54.0% | -67.8% | -72.0% | -23.4% | -12.5% | |
| EBIT | (270.4M) | (72.3M) | (121.2M) | (184.2M) | (288.0M) | (411.0M) | (230.5M) | (499.3M) |
| EBIT margin, % | -5.5% | -22.1% | -53.8% | -74.1% | -83.8% | -23.2% | -40.2% | |
| Interest income | 53.0K | 9.0K | 7.0K | 4.0K | 2.0K | 1.0K | 13.0K | 173.0K |
| Interest expense | 4.1M | 2.6M | 957.0K | 378.0K | 298.0K | 231.0K | 316.0K | 854.0K |
| Pre tax profit | (273.6M) | (73.0M) | (177.1M) | (185.8M) | (288.2M) | (419.0M) | (237.6M) | (515.7M) |
| Income tax expense | 3.9M | 1.8M | 1.0M | 426.0K | 720.0K | 2.4M | 1.8M | 3.6M |
| Net Income | (277.5M) | (74.8M) | (178.1M) | (186.2M) | (288.9M) | (421.4M) | (239.3M) | (519.2M) |