v3.26.1
PROPERTY AND EQUIPMENT, NET
 12 Months Ended
Feb. 28, 2026
Property, Plant, and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

Note 4 — PROPERTY AND EQUIPMENT, NET

 

Property and equipment, net consisted of the following:

 

                       
    As of
February 28,
2025		     As of
February 28,
2026		     As of
February 28,
2026		  
    JPY     JPY     US$  
    (In thousands)  
Land     295,496       295,496       1,894  
Buildings     616,595       620,453       3,976  
Leasehold improvements     1,371,345       1,353,483       8,673  
Vehicle     52,520       48,211       309  
Tools and equipment     998,867       1,169,727       7,496  
Subtotal     3,334,823       3,487,370       22,348  
Less: accumulated depreciation     (1,456,351 )     (1,637,771 )     (10,495 )
Property and equipment, net     1,878,472       1,849,599       11,853  

 

Depreciation expenses recognized for the fiscal years ended February 29, 2024, February 28, 2025 and February 28, 2026 amounted to JPY371.2 million, JPY387.1 million and JPY393.2 million ($2.5 million), respectively.