| Schedule of net revenue |
| Schedule of net revenue |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
For the three months ended March 31, |
|
| |
|
2025 |
|
|
2026 |
|
|
2026 |
|
| |
|
JPY |
|
|
JPY |
|
|
US$ |
|
| |
|
(Unaudited) |
|
|
(Unaudited) |
|
|
(Unaudited) |
|
| Sports school business – Membership |
|
|
1,561,521,383 |
|
|
|
1,607,134,512 |
|
|
|
10,102,681 |
|
| Sports school business – Events |
|
|
459,767,644 |
|
|
|
431,914,954 |
|
|
|
2,715,080 |
|
| Sports school business – Others |
|
|
41,782,114 |
|
|
|
122,758,128 |
|
|
|
771,675 |
|
| Social business |
|
|
637,650,207 |
|
|
|
791,351,187 |
|
|
|
4,974,549 |
|
| Subtotal |
|
|
2,700,721,348 |
|
|
|
2,953,158,781 |
|
|
|
18,563,985 |
|
| Add: reversal (provision) of sales refund* |
|
|
(14,506,941 |
) |
|
|
1,165,339 |
|
|
|
7,326 |
|
| Total |
|
|
2,686,214,407 |
|
|
|
2,954,324,120 |
|
|
|
18,571,311 |
|
| |
|
For the three months ended March 31, |
|
| |
|
2025 |
|
|
2026 |
|
|
2026 |
|
| |
|
JPY |
|
|
JPY |
|
|
US$ |
|
| |
|
(Unaudited) |
|
|
(Unaudited) |
|
|
(Unaudited) |
|
| Timing of revenue recognition |
|
|
|
|
|
|
|
|
|
|
|
|
| Transferred over time |
|
|
2,199,772,706 |
|
|
|
2,399,651,038 |
|
|
|
15,084,555 |
|
| Transferred at a point in time |
|
|
486,441,701 |
|
|
|
554,673,082 |
|
|
|
3,486,756 |
|
| Total |
|
|
2,686,214,407 |
|
|
|
2,954,324,120 |
|
|
|
18,571,311 |
|
| * |
Provision and reversal for sales refund |
|