uarter of 2025, compared to ￥13.4 million for the same period last year.

Net income was ￥2.8 million for the third quarter of 2025, compared to a net loss of ￥43.1 million for the same period last year.

Non-GAAP Net income was ￥6.9 million for the third quarter of 2025, compared to a non-GAAP net income of ￥19.9 million for the same period last year.

Adjusted EBITDA for the third quarter of 2025 was ￥10.1 million, compared to ￥13.7 million for the same period last year.

Both the basic and diluted earnings per share attributable to common stockholders were ￥0.03 for the third quarter of 2025, compared to a basic and diluted loss per share of ￥(0.47) for the same period last year.

Cash and cash equivalents were ￥108.7 million at September 30, 2025, compared to ￥119.5 million at September 30, 2024.

Repurchased 0.9 million shares of Common Stock for approximately ￥3.8 million at an average price of ￥4.23 per share duri
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