| DISAGGREGATION OF REVENUES |
NOTE
12 – DISAGGREGATION OF REVENUES
Revenues
generated from different revenue streams consisted of the following:
SCHEDULE
OF REVENUE GENERATED FROM DIFFERENT REVENUE STREAMS
| | |
2025 | | |
2024 | | |
2023 | |
| | |
Thousands of Yen | |
| | |
For the Fiscal Years Ended March 31, | |
| | |
2025 | | |
2024 | | |
2023 | |
| Revenue from sales of real estate properties | |
¥ | 18,360,339 | | |
¥ | 12,003,423 | | |
¥ | 11,447,250 | |
| Revenue from hotel accommodation services | |
| 1,375,243 | | |
| 1,257,533 | | |
| 835,424 | |
| Housing equipment and material sales | |
| 351,464 | | |
| 337,113 | | |
| 358,584 | |
| Revenue from rental services | |
| 40,132 | | |
| 47,663 | | |
| 79,102 | |
| Others | |
| 523,738 | | |
| 476,108 | | |
| 544,048 | |
| Total | |
¥ | 20,650,916 | | |
¥ | 14,121,840 | | |
| 13,264,408 | |
The
following table summarizes the changes in contract liabilities
as of the dates presented:
SUMMARY
OF CHANGES IN CONTRACT LIABILITIES
| | |
March 31, 2025 | | |
March 31, 2024 | | |
March 31, 2023 | |
| | |
Thousands of Yen | |
| | |
March 31, 2025 | | |
March 31, 2024 | | |
March 31, 2023 | |
| Balances at the beginning of the year | |
¥ | 352,651 | | |
¥ | 144,770 | | |
¥ | 713,803 | |
| Billings and not recognized as revenue yet during the year | |
| 252,260 | | |
| 352,651 | | |
| 144,770 | |
| Revenue recognized from opening balance of contract liabilities | |
| (352,651 | ) | |
| (144,770 | ) | |
| (713,803 | ) |
| Balances at the end of the year | |
¥ | 252,260 | | |
¥ | 352,651 | | |
| 144,770 | |
100%
of total contract liabilities as of March 31, 2024 and 2023 were realized for the year ended March 31, 2025 and 2024. As of March 31,
2025, the Group expects 100% of total contract liabilities to be realized in less than a year. Changes in contract liabilities are primarily
due to the timing of revenue recognition, billings, and cash collections.
|