NOTE
11 – FAIR VALUE MEASUREMENTS
As
of March 31, 2026 and 2025, the carrying amounts of cash and cash equivalents, trade receivables, accounts payable, short-term loans and other qualifying short-term financial
instruments approximate their fair values because of their short-term maturities.
SCHEDULE
OF FAIR VALUE OF FINANCIAL CURRENT ASSETS AND LIABILITIES
| | |
Fair
Value Measurements as of March 31, 2026 | |
| | |
Quoted Prices
in Active Markets for
Identical Assets (Level
1) | | |
Significant
Other Observable Inputs (Level
2) | | |
Unobservable Inputs
(Level
3) | | |
Fair
Value at March
31, 2026 | |
| Liability | |
| | | |
| | | |
| | | |
| | |
| Bond, including
current portion of bonds | |
| - | | |
¥ | 45,597 | | |
| - | | |
¥ | 45,597 | |
| Long-term
debt, including current portion of long-term debt | |
| - | | |
| 15,428,782 | | |
| - | | |
| 15,428,782 | |
| Total | |
| - | | |
¥ | 15,474,379 | | |
| - | | |
¥ | 15,474,379 | |
| | |
Fair
Value Measurements as of March 31, 2025 | |
| | |
Quoted Prices
in Active Markets for
Identical Assets (Level
1) | | |
Significant
Other Observable Inputs (Level
2) | | |
Unobservable Inputs
(Level
3) | | |
Fair
Value at March
31, 2025 | |
| Liability | |
| | | |
| | | |
| | | |
| | |
| Bond, including
current portion of bonds | |
| - | | |
¥ | 28,620 | | |
| - | | |
¥ | 28,620 | |
| Long-term
debt, including current portion of long-term debt | |
| - | | |
| 10,843,898 | | |
| - | | |
| 10,843,898 | |
| Total | |
| - | | |
¥ | 10,872,518 | | |
| - | | |
¥ | 10,872,518 | |
Long-term
debt
The
Group’s long-term debt instruments are classified as Level 2 instruments and valued based on the present value of future cash flows
associated with each instrument discounted using current market borrowing rates for similar debt instruments of comparable maturity.
The levels are more fully described in Note 2.
|