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AMENDMENT NO. 4 YOUMI INC. NV 32-0846641 732 S 6th Street Ste V Las Vegas NV 89101 929 282-9977 Non-accelerated Filer true true false

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NOTE 1 – ORGANIZATION AND NATURE OF BUSINESS Youmi Inc. (the “Company,” “Youmi,” “we,” “us,” or “our”) was incorporated in the State of Nevada on February 24, 2026. The Company is an early-stage company developing a community convenience store franchising business. The Company has entered into a franchise cooperation agreement with an existing community convenience store operator in China and is implementing standardized franchise operating procedures and operational support through such franchise relationship. The Company’s current business activities focus on supporting community convenience store operators through standardized franchise management, store operation support, brand promotion and membership management. The Company is also developing planned digital operational support tools, which remain under development and have not been commercialized. The Company currently operates through its founder and Chief Executive Officer, Mingxing Sheng. As of April 30, 2026, the Company had not generated revenue.

NOTE 2 – GOING CONCERN The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As of April 30, 2026, the Company had cash of $132,508, working capital of $132,508 and an accumulated deficit of $906. The Company has not generated revenue since inception and expects to incur additional expenses as it continues to develop its franchising business and digital store-management support system. The Company’s ability to continue as a going concern is dependent upon its ability to implement its business plan, generate revenue, obtain additional financing and achieve profitable operations. Management intends to fund operations through capital contributions, private placements, future revenue generation and, if necessary, additional financing arrangements. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that may result from the outcome of this uncertainty.

132508

-906

NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The Company’s fiscal year end is April 30. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. As of April 30, 2026, the Company had cash and cash equivalents of $132,508. Fair Value of Financial Instruments The carrying amounts of financial instruments, including cash, accrued liabilities and other current liabilities, approximate fair value because of the short-term nature of these instruments. Revenue Recognition The Company recognizes revenue in accordance with Accounting Standards Codification (“ASC”) Topic 606, Revenue from Contracts with Customers. Revenue is recognized when control of promised goods or services is transferred to customers in an amount that reflects the consideration the Company expects to receive in exchange for those goods or services. As of April 30, 2026, the Company had not generated revenue. Income Taxes The Company accounts for income taxes under ASC Topic 740, Income Taxes. Deferred tax assets and liabilities are recognized for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. A valuation allowance is provided when it is more likely than not that some portion or all deferred tax assets will not be realized. Net Loss Per Share Basic net loss per share is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted net loss per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. Diluted net loss per share is the same as basic net loss per share for the period presented because all potentially dilutive securities would be anti-dilutive. Stock-Based Compensation The Company accounts for stock-based compensation in accordance with ASC Topic 718, Compensation – Stock Compensation. The Company recognizes stock-based compensation expense based on the estimated grant-date fair value of equity awards issued to employees and non-employees. As of April 30, 2026, the Company had not granted any stock options or other equity awards. Recent Accounting Pronouncements Management does not believe that any recently issued but not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying financial statements.

Basis of Presentation The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The Company’s fiscal year end is April 30.

Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. Actual results could differ from those estimates.

Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. As of April 30, 2026, the Company had cash and cash equivalents of $132,508.

132508

Fair Value of Financial Instruments The carrying amounts of financial instruments, including cash, accrued liabilities and other current liabilities, approximate fair value because of the short-term nature of these instruments.

Revenue Recognition The Company recognizes revenue in accordance with Accounting Standards Codification (“ASC”) Topic 606, Revenue from Contracts with Customers. Revenue is recognized when control of promised goods or services is transferred to customers in an amount that reflects the consideration the Company expects to receive in exchange for those goods or services. As of April 30, 2026, the Company had not generated revenue.

Income Taxes The Company accounts for income taxes under ASC Topic 740, Income Taxes. Deferred tax assets and liabilities are recognized for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. A valuation allowance is provided when it is more likely than not that some portion or all deferred tax assets will not be realized.

Net Loss Per Share Basic net loss per share is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted net loss per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. Diluted net loss per share is the same as basic net loss per share for the period presented because all potentially dilutive securities would be anti-dilutive.

Stock-Based Compensation The Company accounts for stock-based compensation in accordance with ASC Topic 718, Compensation – Stock Compensation. The Company recognizes stock-based compensation expense based on the estimated grant-date fair value of equity awards issued to employees and non-employees. As of April 30, 2026, the Company had not granted any stock options or other equity awards.

Recent Accounting Pronouncements Management does not believe that any recently issued but not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying financial statements.

NOTE 4 – COMMITMENTS AND CONTINGENCIES Consulting Agreement On March 1, 2026, the Company entered into a consulting agreement relating to SEC registration, OTCQB planning and related advisory services. As of April 30, 2026, the Company recorded prepaid expense and other current liability of $70,000 relating to amounts payable under the OTCQB advisory and coordination service agreement. Legal Proceedings As of April 30, 2026, the Company was not involved in any material legal proceedings and was not aware of any pending or threatened material litigation.

70000

NOTE 5 – STOCKHOLDERS’ EQUITY The Company is authorized to issue 65,000,000 shares of common stock, par value $0.001 per share, and 10,000,000 shares of preferred stock, par value $0.001 per share. As of April 30, 2026, there were 10,233,990 shares of common stock issued and outstanding and no shares of preferred stock issued and outstanding. Issuance of Common Stock From February 24, 2026 through April 30, 2026, the Company issued an aggregate of 10,233,990 shares of common stock for gross cash proceeds of $133,414.

65000000

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NOTE 6 – INCOME TAXES The Company accounts for income taxes pursuant to ASC Topic 740, Income Taxes. For the period from February 24, 2026 (inception) through April 30, 2026, the Company incurred a net operating loss of approximately $906, which may be carried forward to offset future taxable income, subject to applicable limitations under the Internal Revenue Code. Management believes that it is more likely than not that the deferred tax assets related to the Company’s net operating loss carryforwards will not be realized. Accordingly, the Company has recorded a full valuation allowance against such deferred tax assets. The Company recognizes interest and penalties related to uncertain tax positions in income tax expense. As of April 30, 2026, the Company had no accrued interest or penalties related to uncertain tax positions and no unrecognized tax benefits.

906

NOTE 7 – SUBSEQUENT EVENTS In accordance with ASC 855, Subsequent Events, the Company has evaluated subsequent events from April 30, 2026 through the date these financial statements were issued. On May 7, 2026, the Company received net proceeds of $5,997 from a subscription for 60,150 shares of common stock at a purchase price of $0.10 per share. The gross subscription amount was $6,015, and $18 was deducted as a banking or wire fee. On May 15, 2026, the Company received a one-time initial franchise cooperation fee of $<span id="xdx_902_ecustom--InitialFranchiseCooperationFee_pp0d_c20260501__20260515__us-gaap--TypeOfArrangementAxis__custom--FranchiseCooperationAgreementMember_zIJZRpCsR1ye" title="Initial franchise cooperation fee">3,000 from its initial franchisee under the Franchise Cooperation Agreement dated May 5, 2026. The Company has not received any other franchise fees, digital store-management fees, service fees or other customer payments. Except as disclosed above, the Company is not aware of any subsequent events that require recognition or disclosure in these financial statements.

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68489

NOTE 1 — ORGANIZATION AND NATURE OF BUSINESS Youmi Inc. (the “Company,” “Youmi,” “we,” “us,” or “our”) was incorporated in the State of Nevada on February 24, 2026. The Company is an early-stage company developing a community convenience store franchising business and planned digital store-management support tools. The Company does not own or operate convenience stores directly and currently operates through its founder and third-party service providers. On May 5, 2026, the Company entered into a Franchise Cooperation Agreement with an independent community convenience store operator in China. On May 10, 2026, the Company entered into a Software Development Agreement with an independent software development service provider in China.

NOTE 2 — BASIS OF PRESENTATION The accompanying unaudited interim financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information. In the opinion of management, the accompanying unaudited interim financial statements include all adjustments considered necessary for a fair presentation of the Company’s financial position and results for the interim period. The results of operations for the three months ended July 31, 2026 are not necessarily indicative of results that may be expected for the full fiscal year ending April 30, 2027. These interim financial statements should be read together with the Company’s audited financial statements as of April 30, 2026 and for the period from February 24, 2026 (inception) through April 30, 2026. The Company’s fiscal year ends on April 30. No comparable prior-year interim period is presented because the Company was incorporated on February 24, 2026 and had no corresponding prior-year operations.

NOTE 3 — SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect reported amounts of assets, liabilities, revenue and expenses and related disclosures. Actual results could differ from those estimates. Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. As of July 31, 2026, the Company had cash and cash equivalents of $68,489. Revenue Recognition The Company applies ASC Topic 606, Revenue from Contracts with Customers. The Company received a one-time $3,000 franchise cooperation fee under an agreement with an initial term of one year beginning May 5, 2026. The fee is recognized on a straight-line basis over the initial one-year service period because the arrangement includes ongoing cooperation, branding, operational and franchise-support services. Through July 31, 2026, the Company recognized approximately $723 of revenue and recorded approximately $2,277 as deferred revenue. Contract Liabilities (Deferred Franchise Revenue) Amounts received from customers before the Company satisfies the related performance obligations are recorded as contract liabilities and presented as deferred franchise revenue. Such amounts are recognized as revenue as the related services are provided. As of July 31, 2026, the Company had deferred franchise revenue of approximately $2,277 and no contract assets. Other Current Liabilities The Company records other current liabilities for contractual and professional service obligations when the related services have been received or a contractual milestone giving rise to a present obligation has been achieved. Such liabilities are recognized when incurred, regardless of whether an invoice has been received, and are measured at the amount expected to be paid. See Notes 4 and 5. Net Loss Per Share Basic net loss per share is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted net loss per share is the same as basic net loss per share because the Company had no potentially dilutive securities outstanding during the period.

Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect reported amounts of assets, liabilities, revenue and expenses and related disclosures. Actual results could differ from those estimates.

Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. As of July 31, 2026, the Company had cash and cash equivalents of $68,489.

68489

Revenue Recognition The Company applies ASC Topic 606, Revenue from Contracts with Customers. The Company received a one-time $3,000 franchise cooperation fee under an agreement with an initial term of one year beginning May 5, 2026. The fee is recognized on a straight-line basis over the initial one-year service period because the arrangement includes ongoing cooperation, branding, operational and franchise-support services. Through July 31, 2026, the Company recognized approximately $723 of revenue and recorded approximately $2,277 as deferred revenue.

3000

723

2277

Contract Liabilities (Deferred Franchise Revenue) Amounts received from customers before the Company satisfies the related performance obligations are recorded as contract liabilities and presented as deferred franchise revenue. Such amounts are recognized as revenue as the related services are provided. As of July 31, 2026, the Company had deferred franchise revenue of approximately $2,277 and no contract assets. 2277

Other Current Liabilities The Company records other current liabilities for contractual and professional service obligations when the related services have been received or a contractual milestone giving rise to a present obligation has been achieved. Such liabilities are recognized when incurred, regardless of whether an invoice has been received, and are measured at the amount expected to be paid. See Notes 4 and 5.

Net Loss Per Share Basic net loss per share is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted net loss per share is the same as basic net loss per share because the Company had no potentially dilutive securities outstanding during the period.

NOTE 4 — CONSULTING AND PROFESSIONAL SERVICE ARRANGEMENTS On March 1, 2026, the Company entered into an OTCQB Advisory and Coordination Services Agreement with Wall Street Nasdaq Listing Inc. The total advisory and coordination fee under the agreement is $<span id="xdx_909_ecustom--AdvisoryAndCoordinationFee_c20260225__20260301__us-gaap--TypeOfArrangementAxis__custom--OTCQBAdvisoryAndCoordinationServicesAgreementMember__srt--CounterpartyNameAxis__custom--WallStreetNasdaqListingIncMember_pp0p" title="Advisory and coordination fee">350,000 and is structured around specified milestones. As of April 30, 2026, the Company had recorded a $70,000 prepaid expense and a corresponding $70,000 current liability relating to the initial retainer. On May 11, 2026, the Company paid the $70,000 initial retainer. Based on management’s assessment that the initial retainer services had been earned and substantially performed by July 31, 2026, the Company expensed the full $70,000 during the three months ended July 31, 2026 and eliminated the related prepaid asset and current liability. The agreement also provides for a $120,000 SEC filing milestone, a $130,000 SEC effectiveness milestone and a $30,000 OTCQB/trading coordination milestone. The Company’s Form S-1 was filed with the SEC during the quarter and the $120,000 SEC filing milestone was achieved. Accordingly, the Company recognized $120,000 of consulting and advisory expense and recorded a corresponding accrued liability as of July 31, 2026. The amount had not been paid as of July 31, 2026. The $130,000 SEC effectiveness milestone and the $30,000 OTCQB/trading coordination milestone had not been achieved as of July 31, 2026 and were not accrued. During the quarter, the Company also paid $3,000 for audit services and incurred $16 of bank and transaction fees associated with operating receipts and payments. Software Development Agreement On May 10, 2026, the Company entered into a Software Development Agreement with an independent software development service provider. The agreement does not specify a fixed amount of consideration. As of July 31, 2026, the developer had not provided services to the Company and no applicable service milestone had been achieved. Accordingly, the Company had not incurred an obligation for software development services as of July 31, 2026, and no expense or liability was recognized under the agreement. 350000

70000

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The agreement also provides for a $120,000 SEC filing milestone, a $130,000 SEC effectiveness milestone and a $30,000 OTCQB/trading coordination milestone. The Company’s Form S-1 was filed with the SEC during the quarter and the $120,000 SEC filing milestone was achieved. Accordingly, the Company recognized $120,000 of consulting and advisory expense and recorded a corresponding accrued liability as of July 31, 2026. The amount had not been paid as of July 31, 2026. The $130,000 SEC effectiveness milestone and the $30,000 OTCQB/trading coordination milestone had not been achieved as of July 31, 2026 and were not accrued.

3000

16 NOTE 5 — OTHER CURRENT LIABILITIES Other current liabilities consisted of $120,000 as of July 31, 2026 and $70,000 as of April 30, 2026. The July 31, 2026 balance represents the accrued $120,000 SEC filing milestone fee under the OTCQB Advisory and Coordination Services Agreement. The April 30, 2026 balance represented the $70,000 initial retainer payable under the same agreement, which was paid on May 11, 2026. See Note 4 — Consulting and Professional Service Arrangements. 120000

70000

NOTE 6 — STOCKHOLDERS’ EQUITY The Company is authorized to issue 65,000,000 shares of common stock, par value $0.001 per share, and 10,000,000 shares of preferred stock, par value $0.001 per share. As of July 31, 2026, 10,294,140 shares of common stock were issued and outstanding and no shares of preferred stock were issued and outstanding. Reconciliation of April 30, 2026 Contributed Capital At April 30, 2026, common stock and additional paid-in capital reflected aggregate contributed capital of $133,414. The contractual consideration associated with shares issued through April 30, 2026 totaled $133,399. Management’s reconciliation of the April 2026 subscription receipts identified an aggregate $15 of excess amounts remitted by subscribers in connection with the share subscriptions. The $15 did not result in the issuance of additional shares and was recorded as an additional capital contribution within additional paid-in capital. On May 7, 2026, the Company received net proceeds of $5,997 from a subscription for 60,150 shares of common stock at a purchase price of $0.10 per share. The gross subscription amount was $6,015 and $18 was deducted as a banking/wire fee. The $18 represented a bank/wire charge deducted directly from the incoming subscription proceeds and was incurred solely in connection with the May 7, 2026 equity issuance. Accordingly, the Company treated the $18 as a direct and incremental equity issuance cost and charged it against additional paid-in capital.

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0.10

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NOTE 7 — RELATED PARTY TRANSACTIONS On April 15, 2026, the Company issued 9,000,000 shares of common stock to Mingxing Sheng, the Company’s founder, Chief Executive Officer and Chairman of the Board, in consideration of a $10,000 capital contribution and organizational and business-development activities relating to the formation and development of the Company. During April 2026, directors Yunlou Bian and Yuting Wen purchased 101,600 shares and 2,700 shares, respectively, in the Company’s private placement at $0.10 per share, for cash consideration of $10,160 and $270, respectively. As of July 31, 2026, no amounts were due to or from these related parties, and the Company had no other material related-party transactions during the three months ended July 31, 2026.

9000000

10000

101600

2700

10160

270

NOTE 8 — FRANCHISE COOPERATION FEE On May 15, 2026, the Company received $2,985 in cash from its initial PRC franchisee. The remittance represented the $3,000 franchise cooperation fee required under the Franchise Cooperation Agreement, less a $15 bank/wire fee deducted in connection with the transfer. The $3,000 gross contractual fee is accounted for under the revenue-recognition policy described in Note 3.

2985

3000 15 3000

NOTE 9 — INCOME TAXES The Company accounts for income taxes under ASC Topic 740, Income Taxes. For the three months ended July 31, 2026, the Company incurred a pretax loss of approximately $192,293 and recorded no income tax benefit because a full valuation allowance is maintained against its deferred tax assets. As of July 31, 2026, the Company had a gross deferred tax asset of approximately $40,572, primarily attributable to net operating loss carryforwards, and a valuation allowance of approximately $40,572, resulting in a net deferred tax asset of $—. The income tax benefit computed at the 21.0% U.S. federal statutory rate for the three months ended July 31, 2026 was approximately $40,382 and was fully offset by the increase in the valuation allowance. Accordingly, the effective income tax rate was 0.0%; the reconciliation consists of the 21.0% federal statutory benefit offset by a (21.0)% valuation-allowance effect. As of July 31, 2026, the Company had no unrecognized tax benefits and no accrued interest or penalties relating to uncertain tax positions.

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40382

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0.210

-0.210

NOTE 10 — GOING CONCERN The Company is an early-stage company with limited operating history and limited revenue. As of July 31, 2026, the Company had cash and cash equivalents of approximately $68,489, a working capital deficit of approximately $53,788 and an accumulated deficit of approximately $193,199. The Company has incurred operating losses and expects to incur additional costs associated with business development, platform development, professional services and public-company compliance. These conditions raise substantial doubt about the Company’s ability to continue as a going concern for one year after the date these unaudited interim financial statements are issued. Management intends to seek additional financing through equity financings, debt financings, loans from management or other financing arrangements and to seek additional revenue from its franchise business. However, the Company does not currently have committed financing sufficient to fund its expected operating requirements, and there can be no assurance that additional financing or sufficient revenue will be obtained. Accordingly, management’s plans do not currently alleviate the substantial doubt about the Company’s ability to continue as a going concern. The accompanying unaudited interim financial statements have been prepared assuming that the Company will continue as a going concern and do not include any adjustments that might result from the outcome of this uncertainty.

68489

53788

193199

NOTE 11 — SUBSEQUENT EVENTS Management has evaluated subsequent events through September 28, 2026, the date these unaudited interim financial statements were issued. Except for the continuing SEC registration statement review process and ordinary-course professional services, management has not identified additional events requiring recognition or disclosure in these unaudited interim financial statements.

NOTE 12 — SEGMENT INFORMATION The Company operates as a single operating and reportable segment consisting of its community convenience store franchising business and related planned digital store-management support services. The Company’s Chief Executive Officer is the chief operating decision maker (the “CODM”). The CODM assesses performance and allocates resources primarily based on revenue, operating expenses, net loss and cash and liquidity. For the three months ended July 31, 2026, segment revenue was $723. The significant segment expenses regularly provided to the CODM were consulting and advisory expense of $190,000, audit and professional fees of $3,000, and bank and transaction fees of $16, resulting in segment net loss of $192,293. Segment assets were $68,489 as of July 31, 2026. Because the Company has one reportable segment, these amounts are the same as the corresponding amounts reported in the Company’s financial statements. All revenue for the three months ended July 31, 2026 was derived from one customer located in the PRC, and the Company had no material long-lived assets as of July 31, 2026.

723

190000 3000 16 192293

68489