v3.26.1
INTANGIBLE ASSETS, NET
 12 Months Ended
Feb. 28, 2026
Intangible Asset, Goodwill and Other [Abstract]  
INTANGIBLE ASSETS, NET

Note 5 — INTANGIBLE ASSETS, NET

 

Intangible assets, net consisted of the followings:

 

                       
    As of
February 28,
2025		     As of
February 28,
2026		     As of
February 28,
2026		  
    JPY     JPY     US$  
    (In thousands)  
Software     110,942       254,493       1,631  
Customer relationships     181,482       181,482       1,163  
Subtotal     292,424       435,975       2,794  
Less: accumulated amortization     (204,656 )     (229,055 )     (1,468 )
Intangible assets, net     87,768       206,920       1,326  

 

Amortization expenses recognized for the fiscal years ended February 29, 2024, February 28, 2025 and February 28, 2026 amounted to JPY52.4 million, JPY54.9 million and JPY35.9 million ($0.2 million), respectively.