| Schedule of Presents the Segment Information |
The following table presents the segment information for the fiscal years ended March 31, 2026, 2025, and 2024, respectively: | | | For the Fiscal Year ended March 31, 2026 | | | | | Directly-
Operated
Physical
Stores | | | Online
Stores and
Services | | | Franchise
Stores and
Wholesale
Customers | | | Total | | | Revenue | | $ | 19,787,252 | | | $ | 6,688,079 | | | $ | 346,748,488 | | | $ | 373,223,819 | | | Merchandise costs | | $ | 15,124,703 | | | $ | 4,381,980 | | | $ | 325,611,870 | | | $ | 345,118,553 | | | Interest expenses, net | | $ | (105,318 | ) | | $ | (35,597 | ) | | $ | (1,845,568 | ) | | $ | (1,986,483 | ) | | Income tax provision | | $ | 164,495 | | | $ | 55,599 | | | $ | 2,882,592 | | | $ | 3,102,686 | | | Net income | | $ | 34,530 | | | $ | 11,671 | | | $ | 605,095 | | | $ | 651,296 | | | Depreciation and amortization | | $ | 60,997 | | | $ | 20,617 | | | $ | 1,068,905 | | | $ | 1,150,519 | | | Capital expenditures | | $ | 310,111 | | | $ | 75 | | | $ | 3,809 | | | $ | 313,995 | | | | | For the Fiscal Year ended March 31, 2025 | | | | | Directly-
Operated
Physical
Stores | | | Online
Stores and
Services | | | Franchise
Stores and
Wholesale
Customers | | | Total | | | Revenue | | $ | 17,105,488 | | | $ | 7,493,259 | | | $ | 185,520,491 | | | $ | 210,119,238 | | | Merchandise costs | | $ | 13,314,278 | | | $ | 5,668,519 | | | $ | 167,219,142 | | | $ | 186,201,939 | | | Interest expenses, net | | $ | (140,333 | ) | | $ | (61,475 | ) | | $ | (1,522,011 | ) | | $ | (1,723,819 | ) | | Income tax benefit | | $ | (153,311 | ) | | $ | (67,160 | ) | | $ | (1,662,766 | ) | | $ | (1,883,237 | ) | | Net income | | $ | 540,430 | | | $ | 236,741 | | | $ | 5,861,317 | | | $ | 6,638,488 | | | Depreciation and amortization | | $ | 77,511 | | | $ | 33,955 | | | $ | 840,660 | | | $ | 952,126 | | | Capital expenditures | | $ | 992,068 | | | $ | - | | | $ | - | | | $ | 992,068 | | | | | For the Fiscal Year ended March 31, 2024 | | | | | Directly-
Operated
Physical
Stores | | | Online
Stores and
Services | | | Franchise
Stores and
Wholesale
Customers | | | Total | | | Revenue | | $ | 14,951,952 | | | $ | 10,705,449 | | | $ | 170,023,914 | | | $ | 195,681,315 | | | Merchandise costs | | $ | 11,916,702 | | | $ | 7,920,348 | | | $ | 152,469,258 | | | $ | 172,306,308 | | | Interest expenses, net | | $ | (123,107 | ) | | $ | (88,143 | ) | | $ | (1,399,891 | ) | | $ | (1,611,141 | ) | | Provision for income tax | | $ | 34,902 | | | $ | 24,989 | | | $ | 396,883 | | | $ | 456,774 | | | Net income | | $ | 571,463 | | | $ | 409,162 | | | $ | 6,498,311 | | | $ | 7,478,936 | | | Depreciation and amortization | | $ | 94,184 | | | $ | 67,434 | | | $ | 1,070,993 | | | $ | 1,232,611 | | | Capital expenditures | | $ | 917,396 | | | $ | 9,766 | | | $ | 2,146 | | | $ | 929,308 | |
|
| Schedule of Assets and Liabilities |
| | | March 31,
2026 | | | March 31,
2025 | | | Total assets: | | | | | | | | Franchise Stores and Wholesale Customers | | $ | 217,580,900 | | | $ | 132,909,152 | | | Directly-Operated Physical Stores | | | 12,089,250 | | | | 14,618,642 | | | Online Stores and Services | | | 3,965,605 | | | | 10,302,391 | | | Total assets | | $ | 233,635,755 | | | $ | 157,830,185 | | | | | | | | | | | | | Total liabilities: | | | | | | | | | | Franchise Stores and Wholesale Customers | | $ | 176,153,828 | | | $ | 92,421,807 | | | Directly-Operated Physical Stores | | | 13,032,588 | | | | 12,247,978 | | | Online Stores and Services | | | 3,284,161 | | | | 10,146,370 | | | Total liabilities | | $ | 192,470,577 | | | $ | 114,816,155 | |
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