v3.26.1
DISAGGREGATION OF REVENUES
 12 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
DISAGGREGATION OF REVENUES

NOTE 12 – DISAGGREGATION OF REVENUES

 

Revenues generated from different revenue streams consisted of the following:

 

   2026   2025   2024 
   Thousands of Yen 
   For the Fiscal Years Ended March 31, 
   2026   2025   2024 
Revenue from contracts with customers under ASC 606               
Revenue from sales of real estate properties  ¥19,988,948   ¥18,360,339   ¥12,003,423 
Revenue from hotel accommodation services   1,309,310    1,353,519    1,232,000 
Housing equipment and material sales   234,188    351,464    337,113 
Others   660,032    545,462    501,641 
Subtotal   22,192,478    20,610,784    14,074,177 
Lease income from operating leases accounted for under ASC 842               
Revenue from rental services   28,685    40,132    47,663 
Subtotal   28,685    40,132    47,663 
Total  ¥22,221,163   ¥20,650,916   ¥14,121,840 

 

The following table summarizes the changes in contract liabilities as of the dates presented:

 

   March 31, 2026   March 31, 2025   March 31, 2024 
   Thousands of Yen 
   March 31, 2026   March 31, 2025   March 31, 2024 
Balances at the beginning of the year  ¥252,260   ¥352,651   ¥144,770 
Additions from advance payments received from real estate purchasers and not yet recognized as revenue during the year   260,186    252,260    352,651 
Revenue recognized from opening balance of contract liabilities   (252,260)   (352,651)   (144,770)
Balances at the end of the year  ¥260,186   ¥252,260   ¥352,651 

 

100% of total contract liabilities as of March 31, 2025, 2024 were recognized as revenue for the year ended March 31, 2026 and 2025. As of March 31, 2026, the Group expects 100% of total contract liabilities to be realized in less than a year. Changes in contract liabilities are primarily due to the timing of revenue recognition, billings, and cash collections.

 

 

LOGPROSYLE INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS