v3.26.3
PROPERTY AND EQUIPMENT, NET
6 Months Ended
Mar. 31, 2026
Property, Plant, and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

7. PROPERTY AND EQUIPMENT, NET

 

In the six months ended March 31, 2026, 2025, and 2024, the Company disposed of its property and equipment and incurred disposal loss of nil, nil, and ¥28 thousand, respectively.

 

As of March 31, 2026 and September 30, 2025, property and equipment consisted of the following (in thousands):

 

   Useful Life (years)  March 31, 2026   September 30, 2025 
Machinery and equipment  5 – 10  ¥2,565   ¥2,565 
Tools, furniture, and fixtures  2 – 5   96,068    95,738 
Vehicles  7   700    700 
Less: Accumulated depreciation      (82,745)   (71,911)
Property and equipment, net     ¥16,588   ¥27,092 

 

The Company recorded depreciation expense on property and equipment of ¥10.8 million, ¥10.1 million, and ¥7.4 million for the six months ended March 31, 2026, 2025, and 2024, respectively. The Company records depreciation expense in selling, general, and administrative expenses and cost of revenue on the statements of operations.