NOTE 5 - INCOME TAXES (Tables)

6 Months Ended

Mar. 31, 2025

provisions for income taxes for the six months ended March 31, 2025 and 2024

The provisions for income taxes for the six months ended March 31, 2025 and 2024 are summarized as follows:

		For the six months ended March 31,
		2025	2024
Current income tax expense	$	-	351,462
Deferred income tax expense		70,051	120,669
Total	$	70,051	472,131

income taxes, which, in aggregate, represent a statutory tax rate

Japanese Subsidiaries are subject to a number of income taxes, which, in aggregate, represent a statutory tax rate approximately as follows:

	Company’s assessable profit
For the period ended March 31,	Up to JPY 4 million	Up to JPY 8 million	Over JPY 8 million
2024	21.87%	23.74%	34.34%
2025	21.87%	23.74%	34.34%

- Definition

Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements.

+ References + Details