| Schedule of Deferred Tax Assets and Liabilities |
Significant components of deferred tax assets and liabilities are
as follows:
| | |
As of April 30, 2025 | | |
As of October 31, 2025 | |
| | |
JPY | | |
JPY | | |
USD | |
| Deferred tax assets: | |
| | |
(Unaudited) | | |
(Unaudited) | |
| Net operating loss carry forward | |
| 438,955,724 | | |
| 492,558,887 | | |
| 3,197,396 | |
| Write-off of other receivable | |
| 15,005,181 | | |
| 15,005,181 | | |
| 97,405 | |
| Lease liabilities | |
| 960,129 | | |
| 5,158,767 | | |
| 33,488 | |
| Write-off of guaranteed money deposited | |
| 2,665,941 | | |
| 2,665,941 | | |
| 17,306 | |
| Temporary difference in depreciation | |
| 2,555,574 | | |
| 2,606,758 | | |
| 16,922 | |
| Bonus accrual | |
| 1,038,980 | | |
| - | | |
| - | |
| Deferred government grants | |
| 6,226,200 | | |
| 5,534,400 | | |
| 35,926 | |
| Others | |
| 1,480,835 | | |
| 385,322 | | |
| 2,501 | |
| Total deferred tax assets | |
| 468,888,564 | | |
| 523,915,256 | | |
| 3,400,944 | |
| Less: valuation allowance | |
| (466,899,408 | ) | |
| (518,472,705 | ) | |
| (3,365,614 | ) |
| Deferred tax assets, net of valuation allowance | |
| 1,989,156 | | |
| 5,442,551 | | |
| 35,330 | |
| | |
| | | |
| | | |
| | |
| Deferred tax liabilities: | |
| | | |
| | | |
| | |
| Right-of-use assets – operating lease | |
| (960,129 | ) | |
| (5,399,600 | ) | |
| (35,051 | ) |
| Others | |
| (1,029,027 | ) | |
| (42,951 | ) | |
| (279 | ) |
| Total deferred tax liabilities | |
| (1,989,156 | ) | |
| (5,442,551 | ) | |
| (35,330 | ) |
| Net deferred tax assets | |
| - | | |
| - | | |
| - | |
|