v3.25.2
Short-Term Debts
12 Months Ended
Sep. 30, 2024
Short-Term Debts [Abstract]  
SHORT-TERM DEBTS

11. SHORT-TERM DEBTS

 

As of September 30, 2024, the short-term debts were for working capital purposes. Short-term debts consist of the following:

 

Bank  Annual
Interest
Rate
   Maturity  As of September 30,
2024
 
Higashi-Nippon Bank   1.55%  12/19/2023  12/25/2024  $32,810 
              $32,810 

 

The short-term debts as of September 30, 2024 were primarily obtained from one bank with interest rate 1.55% per annum.

 

The interest expenses were $183, $543 and $506 for the years ended September 30, 2024, 2023 and 2022, respectively. The weighted average interest rate of short-term debt outstanding was 1.55% per annum as of September 30, 2024.