v3.25.2
Leases - Schedule of Lease Terms and Discount Rates for All of Operating Leases (Details) - USD ($)
 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Remaining lease term and discount rate:    
Weighted average remaining lease term (years) 4 years 4 years 3 months
Weighted average discount rate [1] 6.36% 4.77%
Gains on sales and leaseback transactions [2] $ 731,638
Weighted average remaining lease term (years) 1 year 11 months 15 days 2 years 8 months 1 day
Weighted average discount rate 8.07% 8.07%
[1] The Company used incremental borrowing rates ranging from 2.03% to 6.69% for its lease contracts in Japan; incremental borrowing rates ranging from 2.83% to 3.19% for its lease contracts in Hong Kong; and incremental borrowing rates of 5.25% and 8.50% for its lease contracts in Canada and the United States, respectively.
[2] On December 14, 2023, the Company entered into a Real Estate Sales Agreement (“Sales Agreement”) with a third-party buyer (the “Buyer”). Pursuant to the agreement, the Company sold its head office in Japan including the building and land to the Buyer for a total consideration of ¥430.0 million. On February 28, 2024, the Company entered into a Rental Agreement with the Buyer, pursuant to the agreement, the Company leased the same building for its head office for two years from February 28, 2024 to February 27, 2026, with a monthly rental of ¥1.75 million. The Company determined that these transactions should be accounted as sales and leaseback transaction as the control of the head office was transferred to the Buyer, and recognized a gain of $731,638 on disposal of the building and land on February 29, 2024.