v3.26.1
Related Party
3 Months Ended
Jun. 30, 2026
Related Party Transactions [Abstract]  
Related Party

15. Related Party

 

The related parties that had material balances and transactions as of June 30, 2026 and March 31, 2026 and for the three months ended June 30, 2026 and 2025 consist of the following:

  

Name of Related Party   Nature of Relationship at June 30, 2026
LBH Inc.   A company controlled by Asamitsu Kosugi, the principal shareholder of the Company
Asamitsu Kosugi   The principal shareholder of the Company

 

The Company had the following related party balance as of June 30, 2026 and March 31, 2026:

   

        June 30,     March 31,
    Nature of transactions   2026     2026
Advance payments:                  
LBH Inc   For working capital   $     $
Amount due to related party:                  
Asamitsu Kosugi   For working capital   $ 554     $ 566

 

The advance payments by the Company to LBH Inc. represent non-interest bearing, on-demand advance to support operating activities, and LBH Inc. settled the outstanding balance due to the Company in full on January 31, 2026. There is no balance of advance payments as of the reporting date.