Cover |
12 Months Ended |
|---|---|
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Apr. 30, 2026
shares
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| Document Information [Line Items] | |
| Document Type | 20-F/A |
| Document Registration Statement | false |
| Document Annual Report | true |
| Document Transition Report | false |
| Document Financial Statement Error Correction [Flag] | false |
| Document Shell Company Report | false |
| Entity Interactive Data Current | Yes |
| Document Accounting Standard | U.S. GAAP |
| Amendment Flag | true |
| Document Period End Date | Apr. 30, 2026 |
| Document Fiscal Year Focus | 2026 |
| Document Fiscal Period Focus | FY |
| ICFR Auditor Attestation Flag | false |
| Entity Registrant Name | Perpetuals.com Ltd |
| Entity Central Index Key | 0001944399 |
| Current Fiscal Year End Date | --04-30 |
| Entity Well-known Seasoned Issuer | No |
| Entity Voluntary Filers | No |
| Entity Current Reporting Status | Yes |
| Entity Filer Category | Non-accelerated Filer |
| Entity File Number | 001-41752 |
| Entity Shell Company | false |
| Entity Emerging Growth Company | true |
| Entity Ex Transition Period | false |
| Entity Incorporation, State or Country Code | M0 |
| Entity Address, Address Line One | 5-7-11 |
| Entity Address, Address Line Two | Ueno |
| Entity Address, City or Town | Tokyo |
| Entity Address, Country | JP |
| Entity Address, Postal Zip Code | 110-0005 |
| Entity Address, Address Line Three | Taito-ku |
| Entity Common Stock, Shares Outstanding | 33,872,687 |
| Amendment Description | Perpetuals.com Ltd. (the “Company”) is filing this Amendment No. 1 on Form 20-F/A (this “Amendment”) to amend its Annual Report on Form 20-F for the fiscal year ended April 30, 2026, which was originally filed with the U.S. Securities and Exchange Commission on September 15, 2026 (the “Original Filing”).The primary purpose of this Amendment is to correct minor typographic errors in the Company’s audited consolidated financial statements. Subsequent to the Original Filing, management identified errors in the following portions of the Original Filing: the consolidated balance sheets, consolidated statements of operations and comprehensive loss, the consolidated statements of cash flows, two of the Company’s risk factors, and Item 4. Information on the Company, Item 5. Operating and Financial Review and Prospects, Item 7. Major Shareholders and Related Party Transactions, Item 15. Controls and Procedures, and Item 16C. Principal Accountant Fees and Services.As a result, this Amendment updates the following sections of the Original Filing to reflect these corrections:1.Correct a typographic error on the USD value of total shareholders’ equity as of April 30, 2026.2.Correct typographic errors in the JPY and USD values of general and administrative expenses and total operating expenses for the year ended April 30, 2026.3.Correct a typographic error in the JPY value of net loss for the year ended April 30, 2026.4.The JPY and USD values for interest expense in the consolidated statements of cash flows for the year ended April 30, 2026 were inadvertently included on the line for share-based compensation expense for the aforementioned period. These amounts were moved to a separate line for interest expense.5.Correct various miscellaneous typographical errors in the footnotes.6.Correct typographical errors in the risk factor heading “We have recently transformed our business, and our transformed business has a limited operating history, which makes it difficult to evaluate our future prospects and may increase the risk that we will not be successful in executing our business strategy.”7.Correct typographical errors in Item 5. Operating and Financial Review and Prospects.8.Correct the amount of net cash used in operating activities for the year ended April 30, 2026 in the consolidated statements of cash flows, including the related non-cash adjustment of JPY2,006,307,904.9.Correct the weighted average number of ordinary shares outstanding and basic and diluted net loss per share for the year ended April 30, 2026.10.Add a subsequent events disclosure regarding related party loans.11.Add disclosures regarding the net proceeds from the issuance of pre-funded warrants and ordinary warrants and the placement agent warrants. |
| Business Contact | |
| Document Information [Line Items] | |
| Entity Address, Address Line One | 5-7-11 |
| Entity Address, Address Line Two | Ueno |
| Entity Address, City or Town | Tokyo |
| Entity Address, Country | JP |
| Entity Address, Postal Zip Code | 110-0005 |
| City Area Code | +81 |
| Local Phone Number | 03-5614-0978 |
| Contact Personnel Name | Satoshi Kobayashi |
| Contact Personnel Email Address | satoshi-k@e-arly.works |
| Entity Address, Address Line Three | Taito-ku |
| American depositary shares, each representing five ordinary shares | |
| Document Information [Line Items] | |
| Trading Symbol | PDC |
| Title of 12(b) Security | American depositary shares, each representing five ordinary shares |
| Security Exchange Name | NASDAQ |
| Ordinary shares | |
| Document Information [Line Items] | |
| Title of 12(b) Security | Ordinary shares |
| No Trading Symbol Flag | true |
| Security Exchange Name | NASDAQ |