v3.26.1
Leases
6 Months Ended
Sep. 30, 2025
Leases  
Leases

6. Leases

 

The Company has an operating lease for office space. As of September 30, 2025 and March 31, 2025, the following amounts were recorded on the Balance Sheets relating to the Company’s operating lease.

 

   September 30,   March 31, 
   2025   2025 
   (unaudited)     
Right-of-Use Assets          
Operating lease assets  ¥11,379   ¥880 
Lease Liabilities          
Operating lease liabilities - Current  ¥7,140   ¥402 
Operating lease liabilities - Non-current   4,239    479 

 

The following table summarizes the contractual maturities of operating lease liabilities as of September 30, 2025:

 

Fiscal year ending March 31,    
2026 (remaining)  ¥3,630 
2027   7,259 
2028   455 
2029   155 
2030   25 
Total lease payments   11,524 
Less amounts representing interest   (145)
Present value of lease payments   11,379 
Less: current portion   (7,140)
Non-current lease liabilities  ¥4,239 

 

The following table illustrates information regarding the Company’s operating leases as of September 30, 2025 and March 31, 2025:

 

   September 30,   March 31, 
   2025   2025 
   (unaudited)     
Total operating lease cost  ¥3,495   ¥3,495 
Cash paid for amounts included in the measurement of the operating lease liability  ¥3,586   ¥3,586 
Weighted average remaining lease term (years)   1.7    1.7 
Weighted average discount rate   1.48%   1.48%

 

The Company did not have significant sublease income or variable lease costs for the six months ended September 30, 2025 and 2024.