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Income Statement · Annual · Millions · JPY

Line item	FY2022	FY2023	FY2024	FY2025
Total revenues	682	560	784	545
Research and development	41	76	49	26
Selling, general and administrative	454	898	870	892
Total operating expenses	698	1,188	1,232	1,146
Operating income	(16)	(629)	(447)	(601)
Other non-operating income (expense)	11	(5)	(33)	(25)
Income before taxes	(5)	(634)	(480)	(626)
Net income	(5)	(634)	(480)	(626)