v3.26.1
Unaudited Interim Condensed Balance Sheets
Oct. 31, 2025
JPY (¥)
Oct. 31, 2025
USD ($)
Apr. 30, 2025
JPY (¥)
CURRENT ASSETS:      
Cash ¥ 666,929,116 $ 4,329,303 ¥ 104,379,373
Digital assets 462,455 3,002 153,764
Accounts receivable, net 15,349,541 99,640 9,139,641
Contract assets 6,804,044 44,168 17,208,508
Pledged assets 21,000,000 136,319
Prepayments 19,112,299 124,066 9,350,670
Short-term deposits 3,096,509 20,101 3,096,509
Income tax receivable 8,276
TOTAL CURRENT ASSETS 732,753,964 4,756,599 143,336,741
Property and equipment, net 619,192 4,019 927,858
Intangible assets, net 9,440,000 61,279 10,620,000
Operating lease right-of-use assets 15,610,293 101,333 3,471,991
Long-term deposits 657,740 4,270 657,740
Restricted cash 31,486,253 204,390 31,486,253
TOTAL ASSETS 790,567,442 5,131,890 190,500,583
CURRENT LIABILITIES:      
Accounts payable 11,991,582 77,842 12,167,638
Bank loans – current portion, net 13,937,000 90,471 15,204,000
Secured borrowings 40,000,000 259,656  
Other payables and accrued liabilities 44,891,670 291,410 52,466,403
Operating lease liabilities, current 8,040,067 52,191 2,775,741
TOTAL CURRENT LIABILITIES 163,860,319 1,063,683 82,613,782
Bank loans – non-current, net 27,524,000 178,669 33,859,000
Operating lease liabilities, non-current 6,873,976 44,622  
TOTAL LIABILITIES 198,258,295 1,286,974 116,472,782
COMMITMENTS AND CONTINGENCIES SHAREHOLDERS’ EQUITY:
Ordinary shares, 55,300,000 shares authorized; 15,076,900 and 15,252,852 shares issued and outstanding as of April 30, 2025 and October 31, 2025, respectively 57,389,984 372,541 50,000,000
Additional paid-in capital 2,870,945,809 18,636,454 2,210,480,581
Accumulated deficit (2,336,026,646) (15,164,079) (2,186,452,780)
TOTAL SHAREHOLDERS’ EQUITY 592,309,147 3,844,916 74,027,801
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 790,567,442 5,131,890 ¥ 190,500,583
Related Party      
CURRENT LIABILITIES:      
Amount due to a director ¥ 45,000,000 $ 292,113