| SCHEDULE OF BANK AND OTHER BORROWINGS |
The
Group’s outstanding indebtedness borrowed from banks and other financial institutions, consist of the following:
SCHEDULE
OF BANK AND OTHER BORROWINGS
| | |
| | | |
| | | |
| | | |
| | |
| | |
| | |
Thousands
of Yen | |
| Indebtedness | |
Weighted
average
interest rate* | | |
Weighted average years to
maturity* | | |
Balance
as of
March 31, 2026 | | |
Balance
as of
March 31, 2025 | |
| Short-term
loans | |
| | | |
| | | |
| | | |
| | |
| Secured loans | |
| | | |
| | | |
| | | |
| | |
| Fixed rate loans | |
| 2.64 | % | |
| 0.46 | | |
¥ | 589,020 | | |
¥ | 1,842,700 | |
| Variable rate loans (*1) | |
| 2.51 | % | |
| 0.70 | | |
| 983,230 | | |
| - | |
| Unsecured loans | |
| | | |
| | | |
| | | |
| | |
| Fixed rate loans | |
| 2.81 | % | |
| 0.17 | | |
| 33,782 | | |
| 50,000 | |
| Variable
rate loans (*1) | |
| 1.98 | % | |
| 0.17 | | |
| 2,368 | | |
| - | |
| Aggregate
outstanding principal balances | |
| 2.57 | % | |
| 0.59 | | |
¥ | 1,608,400 | | |
¥ | 1,892,700 | |
| | |
| | | |
| | | |
| | | |
| | |
| Less:
unamortized debt issuance costs | |
| | | |
| | | |
¥ | (2,742 | ) | |
¥ | (7,441 | ) |
| Short-term
loans | |
| | | |
| | | |
¥ | 1,605,658 | | |
¥ | 1,885,259 | |
| | |
| | | |
| | | |
| | | |
| | |
| Long-term
loans | |
| | | |
| | | |
| | | |
| | |
| Secured loans | |
| | | |
| | | |
| | | |
| | |
| Fixed rate loans | |
| 2.93 | % | |
| 2.13 | | |
| 4,126,972 | | |
| 4,991,739 | |
| Variable rate loans (*2) | |
| 2.62 | % | |
| 2.46 | | |
| 10,664,760 | | |
| 5,006,510 | |
| Unsecured loans | |
| | | |
| | | |
| | | |
| | |
| Fixed rate loans | |
| 1.48 | % | |
| 5.36 | | |
| 683,064 | | |
| 960,379 | |
| Variable
rate loans (*2) | |
| 1.80 | % | |
| 3.23 | | |
| 67,987 | | |
| - | |
| Aggregate
outstanding principal balances | |
| 2.65 | % | |
| 2.52 | | |
¥ | 15,542,783 | | |
¥ | 10,958,628 | |
| | |
| | | |
| | | |
| | | |
| | |
| Less: unamortized debt issuance
costs | |
| | | |
| | | |
¥ | (80,357 | ) | |
¥ | (74,678 | ) |
| Less:
current portion | |
| | | |
| | | |
| (4,878,372 | ) | |
| (4,025,343 | ) |
| Non-current
portion | |
| | | |
| | | |
¥ | 10,584,054 | | |
¥ | 6,858,607 | |
| * | Pertained
to information for loans outstanding as of March 31, 2026. |
| | |
| *1 |
Annual interest rate was
short-term prime rate in Japan +2.13%. |
| |
|
| *2 |
Annual interest rate was
long-term prime rate in Japan +2.80%. |
|
| SCHEDULE OF SECURITY PLEDGED |
The term deposits, inventories, and property, plant and equipment, net, pledged as collateral for secured loans
as of March 31, 2026 and 2025 are as follows:
SCHEDULE
OF SECURITY PLEDGED
| | |
March
31, 2026 | | |
March
31, 2025 | |
| | |
Thousands
of Yen | |
| | |
March
31, 2026 | | |
March
31, 2025 | |
| Term deposits | |
¥ | - | | |
¥ | 5,000 | |
| Inventories | |
| 14,652,292 | | |
| 13,137,928 | |
| Property,
plant and equipment, net | |
| 82,434 | | |
| 84,386 | |
| Total | |
¥ | 14,734,726 | | |
¥ | 13,227,314 | |
|
| SCHEDULE OF FUTURE MINIMUM PAYMENT FOR LONG-TERM LOANS |
As of March
31, 2026, future minimum payments for long-term loans are as follows:
SCHEDULE
OF FUTURE MINIMUM PAYMENT FOR LONG-TERM LOANS
| | |
Thousands
of Yen | |
| Fiscal
Years Ending March 31, | |
Principal Repayment | |
| 2027 | |
¥ | 4,905,968 | |
| 2028 | |
| 6,935,967 | |
| 2029 | |
| 3,022,148 | |
| 2030 | |
| 165,193 | |
| 2031 | |
| 98,089 | |
| Thereafter | |
| 415,418 | |
| Total | |
¥ | 15,542,783 | |
|