v3.26.3
Balance Sheets - JPY (¥)
¥ in Thousands
Mar. 31, 2026
Sep. 30, 2025
Current assets:    
Cash and cash equivalents ¥ 187,399 ¥ 534,889
Accounts receivable-trade, net 68,529 48,323
Inventories 225,017 264,286
Advance payments 40,247 67,742
Prepaid expenses and other current assets 23,291 44,979
Total current assets 573,769 992,442
Property and equipment, net 16,588 27,092
Other intangible assets, net 50,458 47,451
Operating lease right-of-use assets 5,324 9,975
Other assets 9,508 10,206
Total assets 655,647 1,087,166
Current liabilities:    
Accounts payable 6,272 1,330
Contract liabilities – current 60,850 55,084
Current portion of borrowings 69,489 261,940
Operating lease liabilities – current 4,428 7,387
Accrued expenses and other current liabilities 184,109 139,291
Total current liabilities 325,148 465,032
Contract liabilities - non-current 128,175 139,955
Borrowings - net of current portion 10,436
Operating lease liabilities - non-current 249 1,795
Total liabilities 453,572 617,218
SHAREHOLDERS’ EQUITY:    
Common shares, no par value; 16,615,220 shares authorized; 4,153,805 shares issued and outstanding at March 31, 2026; 4,615,224 shares authorized; 1,153,806 shares issued and outstanding at September 30, 2025 [1] 657,600 60,000
Additional paid-in capital 3,590,020 3,238,928
Accumulated deficit (4,045,545) (2,828,980)
Total shareholders’ equity 202,075 469,948
Total liabilities and shareholders’ equity 655,647 1,087,166
Related Party [Member]    
Current assets:    
Related party receivable ¥ 29,286 ¥ 32,223
[1] The number of shares presented above is adjusted retrospectively to reflect the 1 for 60 sub-division effected on October 24, 2024 and the 30 for 1 reverse share split effected on January 26, 2026.