v3.26.3
UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS
Jun. 30, 2026
USD ($)
Jun. 30, 2026
JPY (¥)
Dec. 31, 2025
JPY (¥)
CURRENT ASSETS      
Cash and cash equivalents $ 15,938,835 ¥ 2,591,813,994 ¥ 2,524,082,266
Accounts receivable, net 4,031,670 655,589,901 731,083,491
Inventories, net 146,871 23,882,759 21,578,477
Prepaid expenses 978,481 159,110,735 158,040,280
Other current assets 163,727 26,623,593 38,219,685
TOTAL CURRENT ASSETS 21,259,584 3,457,020,982 3,473,004,199
NON-CURRENT ASSETS      
Property and equipment, net 600,633 97,668,996 96,456,471
Intangible assets, net 698,897 113,647,566 29,631,015
Operating lease right-of-use assets 2,956,047 480,682,783 482,694,859
Finance lease right-of-use assets 1,637,706 266,307,429 236,908,226
Long-term deposits 1,038,532 168,875,717 150,216,792
Long-term deposits 165,958 26,986,500 5,736,500
Deferred tax assets, net 890,529 144,808,910 164,082,227
Goodwill 987,172 160,524,039 27,999,994
Other non-current assets 131,899 21,447,986 8,470,398
TOTAL NON-CURRENT ASSETS 9,107,373 1,480,949,926 1,202,196,482
TOTAL ASSETS 30,366,957 4,937,970,908 4,675,200,681
CURRENT LIABILITIES      
Short-term loans 614,968 100,000,000 100,000,000
Current portion of long-term loans 461,306 75,013,000 151,030,000
Bond payable, current 491,975 80,000,000 40,000,000
Accounts payable 534,062 86,843,874 196,849,154
Accrued liabilities 7,323,932 1,190,944,650 1,160,996,435
Income tax payable 97,147 15,797,100 43,499,500
Contract liabilities, current 2,230,706 362,735,094 154,074,620
Operating lease liabilities, current 974,448 158,454,943 138,880,117
Finance lease liabilities, current 604,121 98,236,175 88,017,810
Other current liabilities 788,673 128,245,967 176,592,537
TOTAL CURRENT LIABILITIES 14,121,338 2,296,270,803 2,249,940,173
NON-CURRENT LIABILITIES      
Long-term loans, net of current portion 36,105 5,871,000 24,422,000
Bond payable, non-current 936,534 152,289,808 18,175,440
Contract liabilities, non-current 99,120 16,117,926 12,817,448
Operating lease liabilities, non-current 1,966,889 319,835,831 347,365,643
Finance lease liabilities, non-current 1,008,745 164,032,009 144,989,192
Assets retirement obligations 190,543 30,984,183 30,775,915
Deferred tax liabilities, net 176,973 28,777,638
TOTAL NON-CURRENT LIABILITIES 4,414,909 717,908,395 578,545,638
TOTAL LIABILITIES 18,536,247 3,014,179,198 2,828,485,811
SHAREHOLDERS’ EQUITY      
Ordinary shares 2,520,345 409,833,241 409,833,241
Common stock, value 4,839,227 786,906,631 786,906,631
Treasury shares (615,044) (100,012,265) (100,012,265)
Retained earnings (Accumulated deficit) 5,086,182 827,064,103 749,987,263
TOTAL SHAREHOLDERS' EQUITY 11,830,710 1,923,791,710 1,846,714,870
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 30,366,957 ¥ 4,937,970,908 ¥ 4,675,200,681