Segment Information (Tables)
|
12 Months Ended |
Mar. 31, 2025 |
Segment Information [Abstract] |
|
Schedule of Major Activities for Reportable Segments |
Contributions of the major activities, profitability information and asset information of the Company’s reportable segments for the years ended March 31, 2023, 2024 and 2025 are as follows:
|
|
Year ended March 31,
|
|
|
2023
|
|
2024
|
|
2025
|
Net sales
|
|
|
|
|
|
|
|
|
|
|
|
|
Injection molded plastic parts
|
|
|
15,617 |
|
|
|
12,391 |
|
|
|
11,206 |
|
Electronic products
|
|
|
61,720 |
|
|
|
56,977 |
|
|
|
56,404 |
|
Total net sales
|
|
$
|
77,337 |
|
|
$
|
69,368 |
|
|
$
|
67,610 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of sales, operating expenses and other income
|
|
|
|
|
|
|
|
|
|
|
|
|
Injection molded plastic parts
|
|
|
17,537 |
|
|
|
13,262 |
|
|
|
12,516 |
|
Electronic products
|
|
|
55,501 |
|
|
|
51,059 |
|
|
|
50,432 |
|
Corporate expenses
|
|
|
1,412 |
|
|
|
1,262 |
|
|
|
1,348 |
|
Total cost of sales, operating expenses and other income
|
|
$
|
74,450 |
|
|
$
|
65,583 |
|
|
$
|
64,296 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating income (loss)
|
|
|
|
|
|
|
|
|
|
|
|
|
Injection molded plastic parts
|
|
|
(1,920 |
)
|
|
|
(871 |
)
|
|
|
(1,310 |
)
|
Electronic products
|
|
|
6,219 |
|
|
|
5,918 |
|
|
|
5,972 |
|
Corporate expenses
|
|
|
(1,412 |
)
|
|
|
(1,262 |
)
|
|
|
(1,348 |
)
|
Total operating income
|
|
$
|
2,887 |
|
|
$
|
3,785 |
|
|
$
|
3,314 |
|
Income (loss) before income taxes
|
|
|
|
|
|
|
|
|
|
|
|
|
Injection molded plastic parts
|
|
|
(2,423 |
)
|
|
|
2,308 |
|
|
|
5,024 |
|
Electronic products
|
|
|
6,149 |
|
|
|
6,773 |
|
|
|
7,624 |
|
Corporate expenses
|
|
|
(1,412 |
)
|
|
|
(1,262 |
)
|
|
|
(1,348 |
)
|
Total income before taxes
|
|
$
|
2,314 |
|
|
$
|
7,819 |
|
|
$
|
11,300 |
|
|
Schedule of Profitability Information for Reportable Segments |
|
|
Year ended March 31,
|
|
|
2023
|
|
2024
|
|
2025
|
|
|
Interest income from bank deposits
|
|
Interest expenses
|
|
Interest income from bank deposits
|
|
Interest expenses
|
|
Interest income from bank deposits
|
|
Interest expenses
|
Segment:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Injection molded plastic parts
|
|
$
|
255 |
|
$
|
—
|
|
$
|
423 |
|
$
|
—
|
|
$
|
584 |
|
$
|
—
|
Electronic products
|
|
|
27 |
|
|
—
|
|
|
246 |
|
|
—
|
|
|
468 |
|
|
—
|
Consolidated total
|
|
$
|
282 |
|
$
|
—
|
|
$
|
669 |
|
$
|
—
|
|
$
|
1,052 |
|
$
|
—
|
|
Schedule of Asset Information for Reportable Segments |
|
|
Year ended March 31,
|
|
|
2023
|
|
2024
|
|
2025
|
|
|
Identifiable assets
|
|
Capital expenditure
|
|
Depreciation and amortization
|
|
Identifiable assets
|
|
Capital expenditure
|
|
Depreciation and amortization
|
|
Identifiable assets
|
|
Capital expenditure
|
|
Depreciation and amortization
|
Segment:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Injection molded plastic parts
|
|
$
|
68,025 |
|
$
|
166 |
|
$
|
1,279 |
|
$
|
62,760 |
|
$
|
26 |
|
$
|
1,048 |
|
$
|
72,144 |
|
$
|
163 |
|
$
|
1,009 |
Electronic products
|
|
|
42,354 |
|
|
626 |
|
|
430 |
|
|
48,316 |
|
|
355 |
|
|
475 |
|
|
48,064 |
|
|
169 |
|
|
510 |
Consolidated totals
|
|
$
|
110,379 |
|
$
|
792 |
|
$
|
1,709 |
|
$
|
111,076 |
|
$
|
381 |
|
$
|
1,523 |
|
$
|
120,208 |
|
$
|
332 |
|
$
|
1,519 |
|
Schedule of Breakdown of Sales by Destination |
The breakdown of sales by destination is analyzed as follows:
|
|
Year ended March 31,
|
|
|
2023
|
|
2024
|
|
2025
|
Net sales
|
|
|
|
|
|
|
|
|
|
United States of America
|
|
$
|
12,169 |
|
$
|
7,925 |
|
$
|
6,081 |
PRC
|
|
|
27,740 |
|
|
22,121 |
|
|
22,448 |
United Kingdom
|
|
|
9,108 |
|
|
11,985 |
|
|
10,917 |
Hong Kong
|
|
|
6,470 |
|
|
8,225 |
|
|
6,908 |
Europe
|
|
|
13,290 |
|
|
10,016 |
|
|
12,546 |
Canada
|
|
|
4,699 |
|
|
2,988 |
|
|
3,882 |
Others
|
|
|
3,861 |
|
|
6,108 |
|
|
4,828 |
Total net sales
|
|
$
|
77,337 |
|
$
|
69,368 |
|
$
|
67,610 |
|
Schedule of Long-Lived Assets |
The location of the Company’s long-lived assets is as follows:
|
|
March 31,
|
|
|
2024
|
|
2025
|
Hong Kong and Macao
|
|
$
|
4 |
|
$
|
2 |
PRC
|
|
|
24,599 |
|
|
23,383 |
Total long-lived assets
|
|
$
|
24,603 |
|
$
|
23,385 |
|