v3.26.1
TAXES (Tables)
12 Months Ended
Feb. 28, 2026
Income Tax Disclosure [Abstract]  
Schedule of components of provision (benefit) for income taxes
                               
    For the Fiscal Years Ended  
    February 29,
2024
    February 28,
2025
    February 28,
2026
    February 28,
2026
 
    JPY     JPY     JPY     US$  
    (In thousands)  
Current     703,501       953,843       1,030,260       6,602  
Deferred     (163,968 )     (271,623 )     (327,464 )     (2,098 )
Income tax provisions     539,533       682,220       702,796       4,504  
Schedule of reconciliation of the effective income tax rates
                       
    For the Fiscal Years Ended  
    February 29,
2024
    February 28,
2025
    February 28,
2026
 
Japanese statutory tax rate     30.6 %     30.6 %     30.6 %
Non-deductible executive compensation     3.3 %     7.2 %     3.7 %
Changes in valuation allowance     (1.7 )%     (2.7 )%     1.2 %
Tax credits     (4.0 )%     (0.2 )%     (3.1 )%
Tax rate differences by jurisdiction     (0.6 )%     (0.4 )%     (0.3 )%
Other non-deductible expenses     0.2 %     0.0 %     0.2 %
Effect of true-up on NOL     0.0 %     0.0 %     0.0 %
Deferred offering costs     0.0 %     (1.3 )%     (2.2 )%
Others     0.0 %     0.3 %     0.2 %
Effective tax rate     27.8 %     33.5 %     30.3 %
Schedule of deferred income tax assets and liabilities
                       
    As of
February 28,
2025
    As of
February 28,
2026
    As of
February 28,
2026
 
    JPY     JPY     US$  
    (In thousands)  
Deferred tax assets                        
Net operating loss carry forward     42,664       -       -  
Reserves and accruals     103,206       102,018       654  
Investments     114,471       143,115       917  
Property and equipment     324,129       645,383       4,136  
Leases     1,440,267       1,485,057       9,517  
Contract liabilities     426,987       482,804       3,094  
Others     63,539       40,708       261  
Valuation allowance     (116,210 )     (145,120 )     (931 )
Total deferred tax assets     2,399,053       2,753,965       17,648  
Net off against deferred tax liabilities     (1,711,688 )     (1,725,571 )     (11,058 )
Net deferred tax assets     687,365       1,028,394       6,590  
                         
Deferred tax liabilities                        
Prepayments and other assets     (69,827 )     (77,878 )     (499 )
Deferred costs     (314,337 )     (414,821 )     (2,658 )
Leases     (1,279,764 )     (1,248,060 )     (7,998 )
Others     (47,760 )     (46,325 )     (297 )
Total deferred tax liabilities     (1,711,688 )     (1,787,084 )     (11,452 )
Net off against deferred tax assets     1,711,688       1,725,571       11,058  
Net deferred tax liabilities     -       (61,513 )     (394 )
Schedule of valuation allowance for deferred tax assets
                               
    For the Fiscal Years Ended  
    February 29,
2024
    February 28,
2025
    February 28,
2026
    February 28,
2026
 
    JPY     JPY     JPY     US$  
    (In thousands)  
Valuation allowance, beginning of year     240,934       213,318       116,210       745  
Additions     5,484       2,047       28,659       184  
Reversals     (33,592 )     (99,120 )     -       -  
Foreign exchange translation adjustments     492       (35 )     251       2  
Valuation allowance, end of year     213,318       116,210       145,120       931