v3.25.2
FAIR VALUE MEASUREMENTS
12 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
FAIR VALUE MEASUREMENTS

NOTE 11 – FAIR VALUE MEASUREMENTS

 

As of March 31, 2025 and 2024, the carrying values of current assets and current liabilities approximated their fair values reported in the consolidated balance sheets due to the short-term maturities of these instruments.

 

 SCHEDULE OF FAIR VALUE OF FINANCIAL CURRENT ASSETS AND LIABILITIES

   Fair Value Measurements as of March 31, 2025 
  

Quoted

Prices in

Active

Markets

for Identical

Assets

(Level 1)

  

Significant Other

Observable

Inputs

(Level 2)

  

Unobservable

Inputs

(Level 3)

  

Fair Value

at

March 31, 2025

 
Liability                    
Long-term debt, including current portion of long-term debt   -   ¥12,736,598    -   ¥12,736,598 

 

   Fair Value Measurements as of March 31, 2024 
  

Quoted

Prices in

Active

Markets

for Identical

Assets

(Level 1)

  

Significant Other

Observable

Inputs

(Level 2)

  

Unobservable

Inputs

(Level 3)

  

Fair Value

at

March 31, 2024

 
Liability                    
Long-term debt, including current portion of long-term debt   -   ¥10,573,143    -   ¥10,573,143 

 

Long-term debt

 

The Group’s long-term debt instruments are classified as Level 2 instruments and valued based on the present value of future cash flows associated with each instrument discounted using current market borrowing rates for similar debt instruments of comparable maturity. The levels are more fully described in Note 2.