v3.25.2
PROPERTY, PLANT AND EQUIPMENT
 12 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT

NOTE 7– PROPERTY, PLANT AND EQUIPMENT

 

The following table summarizes the components of the Group’s property and equipment as of the dates presented:

 

   March 31, 2025   March 31, 2024 
   Thousands of Yen 
   March 31, 2025   March 31, 2024 
Buildings  ¥98,383   ¥83,979 
Leasehold improvements   226,697    316,675 
Vehicles   1,691    1,691 
Tools, Furniture, and Fixtures   234,159    222,813 
Land   70,894    70,894 
Right-of-use assets- Finance lease   64,879    46,519 
Property plant and equipment gross   696,703    742,571 
Accumulated depreciation   (301,452)   (286,775)
Accumulated depreciation- Finance lease   (37,724)   (28,931)
Total  ¥357,527   ¥426,865 

 

Depreciation expense for the years ended March 31, 2025, 2024 and 2023 was ¥135,623 thousand, ¥80,581 thousand and ¥76,612 thousand, respectively, of which ¥95,828 thousand, ¥32,478 thousand and ¥23,003 thousand are recorded under selling, general and administrative expenses, respectively.