Revenue by Segment

Financials in millions JPY. Fiscal year is December - November.

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021	Nov '20 Nov 30, 2020
KUSANAGI Stack Business	887.00M	857.00M	877.00M	770.00M	559.00M
KUSANAGI Stack Business Growth	3.50%	-2.28%	13.90%	37.75%	-
Total	887.00M	857.00M	877.00M	770.00M	559.00M
Total Growth	3.50%	-2.28%	13.90%	37.75%	-

Revenue by Geography

Financials in millions JPY. Fiscal year is December - November.

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021	Nov '20 Nov 30, 2020
Japan	887.00M	857.00M	877.00M	770.00M	559.00M
Japan Growth	3.50%	-2.28%	13.90%	37.75%	-
Total	887.00M	857.00M	877.00M	770.00M	559.00M
Total Growth	3.50%	-2.28%	13.90%	37.75%	-

Source: S&P Global Market Intelligence.