Income Taxes (Tables)
|
12 Months Ended |
Mar. 31, 2026 |
| Income Tax Disclosure [Abstract] |
|
| Schedule of Components of Loss Before Income Taxes |
The
components of loss before income taxes, by geography, consists of the following:
Schedule
of Components of Loss Before Income Taxes
| | |
2026 | | |
2025 | | |
2024 | |
| | |
Fiscal Years Ended March 31, | |
| | |
2026 | | |
2025 | | |
2024 | |
| Japan | |
¥ | (1,489,414 | ) | |
¥ | (534,685 | ) | |
¥ | (661,966 | ) |
| Income tax expense | |
¥ | (1,489,414 | ) | |
¥ | (534,685 | ) | |
¥ | (661,966 | ) |
|
| Schedule of Reconciliation of Income Tax Expense |
A
reconciliation of income tax expense to the amount of income tax expense (benefit) at the statutory rate in Japan for the fiscal years
ended March 31, 2026, 2025 and 2024 is as follows:
Schedule
of Reconciliation of Income Tax Expense
| | |
2026 | |
2025 | |
2024 | |
| | |
Fiscal
Years Ended March 31, | |
| | |
2026 | |
2025 | |
2024 | |
| Income tax
benefit at the statutory rate | |
¥ | (469,463 | ) |
¥ |
(163,721 | ) |
¥ |
(202,694 | ) |
| Increase (reduction) in taxes resulting from: | |
| | |
|
| |
|
| |
| Change in valuation allowance | |
| 186,057 | |
|
193,402 | |
|
175,731 | |
| Permanent difference | |
| (36,189 | ) |
|
(19,400 | ) |
|
(6,741 | ) |
| Unrecognizable loss carryforwards | |
| — | |
|
— | |
|
13,083 | |
| Non-deductible expenses | |
| 318,667 | |
|
6,937 | |
|
4,548 | |
| Rate difference | |
| — | |
|
(16,310 | ) |
|
17,892 | |
| Inhabitant and business
tax | |
| — | |
|
(909 | ) |
|
(1,818 | ) |
| Other | |
| 928 | |
|
1 | |
|
(1 | ) |
| Income tax expense | |
¥ | — | |
¥ |
— | |
¥ |
— | |
|
| Schedule of Components of Deferred Tax Assets and Liabilities |
Significant
components of deferred tax assets and liabilities are as follows:
Schedule
of Components of Deferred Tax Assets and Liabilities
| | |
2026 | | |
2025 | |
| | |
March
31, | |
| | |
2026 | | |
2025 | |
| Deferred tax assets: | |
| | | |
| | |
| Deferred revenue | |
¥ | 297,769 | | |
¥ | 245,701 | |
| Net operating loss carryforwards | |
| 386,090 | | |
| 212,825 | |
| Accrued expenses and reserves | |
| 92,455 | | |
| 122,403 | |
| Operating lease liabilities | |
| 2,466 | | |
| 278 | |
| Other | |
| — | | |
| 909 | |
| Total
deferred tax assets | |
| 778,780 | | |
| 582,116 | |
| Deferred tax liabilities: | |
| | | |
| | |
| Depreciation and amortization | |
¥ | 18,144 | | |
¥ | 9,725 | |
| Operating
lease ROU assets | |
| 2,468 | | |
| 280 | |
| Total
deferred tax liabilities | |
| 20,612 | | |
| 10,005 | |
| Less: Valuation allowance | |
| (758,168 | ) | |
| (572,111 | ) |
| Net deferred tax assets/(liabilities) | |
¥ | — | | |
¥ | — | |
|
| Schedule of Valuation Allowance for Net Deferred Tax Assets |
The
net changes in the total valuation allowance for net deferred tax assets for the fiscal years ended March 31, 2026 and 2025 consist of
the following:
Schedule
of Valuation Allowance for Net Deferred Tax Assets
| | |
2026 | |
|
2025 | |
| | |
Fiscal
Years Ended March 31, | |
| | |
2026 | |
|
2025 | |
| Valuation allowance at beginning
of year | |
¥ | 572,111 | |
|
¥ | 378,709 | |
| Additions
(deductions) | |
| 186,057 | |
|
| 193,402 | |
| Valuation allowance
at end of year | |
¥ | 758,168 | |
|
¥ | 572,111 | |
|