7.
Leases
The
Company has an operating lease for office space. As of March 31, 2026 and 2025, the following amounts were recorded on the Balance Sheets
relating to the Company’s operating lease.
Schedule
of Operating Lease Right of Use Assets and Lease Liabilities
| | |
2026 | | |
2025 | |
| | |
March
31, | |
| | |
2026 | | |
2025 | |
| Right-of-Use Assets | |
| | | |
| | |
| Operating lease assets | |
¥ | 7,822 | | |
¥ | 880 | |
| Lease Liabilities | |
| | | |
| | |
| Operating lease liabilities - Current | |
¥ | 7,192 | | |
¥ | 402 | |
| Operating lease liabilities - Non-current | |
| 630 | | |
| 479 | |
The
following table summarizes the contractual maturities of operating lease liabilities as of March 31, 2026:
Schedule of Contractual Maturities of Operating Lease Liabilities
| Fiscal years ending March 31, | |
| | |
| 2027 | |
¥ | 7,259 | |
| 2028 | |
| 455 | |
| 2029 | |
| 155 | |
| 2030 | |
| 26 | |
| Total lease payments | |
| 7,895 | |
| Less amounts representing
interest | |
| (73 | ) |
| Present value of lease payments | |
| 7,822 | |
| Less: current portion | |
| (7,192 | ) |
| Non-current lease liabilities | |
¥ | 630 | |
The
following table illustrates information regarding the Company’s operating leases as of March 31, 2026 and 2025:
Schedule of Operating Leases
| | |
March
31, | |
| | |
2026 | | |
2025 | |
| Total operating lease cost | |
¥ | 7,052 | | |
¥ | 6,643 | |
| Cash paid for amounts included in the measurement
of the operating lease liability | |
¥ | 7,216 | | |
¥ | 6,708 | |
| Weighted average remaining lease term (years) | |
| 1.2 | | |
| 3.0 | |
| Weighted average discount rate | |
| 1.48 | % | |
| 1.48 | % |
The
Company did not have significant sublease income or variable lease costs for the fiscal years ended March 31, 2026 and 2025.
|