v3.26.1
SEGMENT INFORMATION
 12 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
SEGMENT INFORMATION

NOTE 19 – SEGMENT INFORMATION

 

Operating segments are defined as components of an entity for which discrete financial information is available and is regularly reviewed by the CODM, the CEO of the Company, in making decisions regarding resource allocation and performance assessment. The Company determines its operations constitute three operating segments and reportable segments in accordance with ASC Topic 280. The CODM assesses financial performance and decides how to allocate resources based on financial results. Segment assets are reported on the Company’s consolidated balance sheets. In accordance with ASU 2023-07, the Company has identified “cost of revenues” as a significant segment expense (“SSE”) for each reportable segment.

 

  i. Real estate: Provision of real estate-related services, such as design and renovation, and real estate development in Japan
  ii. Hotel: Hotel management and accommodation in Japan and Vietnam
  iii. Other: Additional services such as the sale of housing equipment and materials, restaurant operation, and information technology consulting in Japan

 

 

LOGPROSYLE INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

 

The following table shows information by reportable segment for the years ended March 31, 2026, 2025 and 2024:

 

   Real estate   Hotel   Others  

Reconciling Items

   Consolidated 
   Thousands of Yen 
   Real estate   Hotel   Others  

Reconciling Items

   Consolidated 
March 31, 2026                    
Net sales:                         
External customers  ¥20,600,358   ¥1,310,224   ¥310,581   ¥-   ¥22,221,163 
Intersegment   33,580    147    342,723    (376,450)   - 
Total   20,633,938    1,310,371    653,304    (376,450)   22,221,163 
Cost of revenues   (16,453,324)   (1,172,152)   (514,009)   326,743    (17,812,742)
Operating expenses   (1,362,798)   (88,460)   (139,127)   (1,246,456)   (2,836,841)
Operating income (loss)   2,817,816    49,759    168    (1,296,163)   1,571,580 
Other income (expenses)   (290,863)   819    (12,108)   (18,224)   (320,376)
Income (loss) before income taxes   2,526,953    50,578    (11,940)   (1,314,387)   1,251,204 
Depreciation and amortization   (16,069)   (38,615)   (8,366)   (9,027)   (72,077)
Capital expenditures  ¥174,117   ¥1,355,505   ¥3,084   ¥101,837   ¥1,634,543 

 

   Real estate   Hotel   Others  

Reconciling Items

   Consolidated 
   Thousands of Yen 
   Real estate   Hotel   Others  

Reconciling Items

   Consolidated 
As of March 31, 2026                         
Total assets   19,868,937    4,934,311    454,480    1,699,167    26,956,895 

 

   Real estate   Hotel   Others  

Reconciling Items

   Consolidated 
   Thousands of Yen 
   Real estate   Hotel   Others  

Reconciling Items

   Consolidated 
March 31, 2025                         
Net sales:                         
External customers  ¥18,819,041   ¥1,248,784   ¥583,091    -   ¥20,650,916 
Intersegment   21,920    21,725    183,549   ¥(227,194)   - 
Total   18,840,961    1,270,509    766,640    (227,194)   20,650,916 
Cost of revenues   (15,578,567)   (1,112,486)   (562,360)   161,767    (17,091,646)
Operating expenses   (1,257,330)   (94,807)   (303,413)   (561,204)   (2,216,754)
Operating income (loss)   2,005,064    63,216    (99,133)   (626,631)   1,342,516 
Other income (expenses)   (194,243)   428    (5,541)   5,084    (194,272)
Income (loss) before income taxes   1,810,821    63,644    (104,674)   (621,547)   1,148,244 
Depreciation and amortization   (15,493)   (36,956)   (40,951)   (50,687)   (144,087)
Capital expenditures  ¥753   ¥18,192   ¥15,244   ¥3,275   ¥37,464 

 

   Real estate   Hotel   Others  

Reconciling Items

   Consolidated 
   Thousands of Yen 
   Real estate   Hotel   Others  

Reconciling Items

   Consolidated 
As of March 31, 2025                         
Total assets   15,409,857    3,894,723    344,032    2,835,576    22,484,188 

 

 

LOGPROSYLE INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

 

   Real estate   Hotel   Others  

Reconciling Items

   Consolidated 
   Thousands of Yen 
   Real estate   Hotel   Others  

Reconciling Items

   Consolidated 
March 31, 2024                         
Net sales:                         
External customers  ¥12,411,288   ¥1,044,267   ¥666,285    -   ¥14,121,840 
Intersegment   8,372    25,533    195,279   ¥(229,184)   - 
Total   12,419,660    1,069,800    861,564    (229,184)   14,121,840 
Cost of revenues   (10,016,902)   (1,010,546)   (656,008)   213,505    (11,469,951)
Operating expenses   (1,104,605)   (58,665)   (206,369)   (343,749)   (1,713,388)
Operating income (loss)   1,298,153    589    (813)   (359,428)   938,501 
Other income (expenses)   (410,533)   968    (8,973)   (4)   (418,542)
Income (loss) before income taxes   887,620    1,557    (9,786)   (359,432)   519,959 
Depreciation and amortization   (22,440)   (47,930)   (6,126)   (10,531)   (87,027)
Capital expenditures  ¥2,345   ¥6,650   ¥32,345   ¥805   ¥42,145 

 

Reconciling items include elimination of intersegment transactions and corporate expenses. Corporate expenses, included in reconciling items for the years ended March 31, 2026, 2025 and 2024, amounted to ¥1,237,132 thousand, ¥561,204 thousand and ¥343,749 thousand, respectively, which consist of certain directors compensation. Segment assets are based on those directly associated with each segment.