v3.26.1
Balance Sheets - JPY (¥)
¥ in Thousands
Mar. 31, 2026
Mar. 31, 2025
Current Assets:    
Cash and cash equivalents ¥ 479,952 ¥ 112,012
Accounts receivable, net 160,729 21,412
Deferred offering costs 131,035
Prepaid expenses and other current assets 114,273 13,041
Income taxes receivable 60
Total Current Assets 755,014 277,500
Non-current Assets:    
Restricted cash 19,470
Property and equipment, net 5,660 6,946
Operating lease right-of-use assets, net 7,822 880
Intangible assets, net 22,067 7,104
Crypto assets 21,459
Investments - Non-current 134 134
Other assets 2,282 1,938
Total Assets 814,438 313,972
Current Liabilities:    
Trade accounts payable 67,270 113,962
Other payables 113,602 58,150
Accrued expenses 8,378 1,614
Deferred revenue – Current 523,536 351,937
Current portion of operating lease liabilities 7,192 402
Total Current Liabilities 719,978 526,065
Non-current Liabilities:    
Non-current operating lease liabilities 630 479
Deferred revenue - Non-current 705,197 412,996
Other liabilities 5,191 25,817
Total Liabilities 1,430,996 965,357
Commitment and Contingencies (Note 10)
SHAREHOLDERS’ EQUITY:    
Ordinary shares, JPY1.66667 par value - 168,000,000 shares authorized as of March 31, 2026 and 2025; 45,960,000 shares and 42,210,000 shares issued and outstanding as of March 31, 2026 and 2025, respectively 76,600 70,350
Additional paid-in capital 2,578,741 1,060,750
Accumulated deficit (3,271,899) (1,782,485)
Total Shareholders’ Deficit (616,558) (651,385)
Total Liabilities & Shareholders’ Deficit ¥ 814,438 ¥ 313,972