Finance
lease right-of-use assets
The
following table provides a reconciliation of the carrying amounts of finance lease right-of-use assets for the years ended June 30, 2025
and 2026:
SCHEDULE
OF FINANCE LEASE RIGHT-OF-USE ASSETS
| | |
2025 | | |
2026 | | |
2026 | |
| | |
As of June 30, | |
| | |
2025 | | |
2026 | | |
2026 | |
| | |
JPY’000 | | |
JPY’000 | | |
US$’000 | |
| Carrying value at the beginning of the year | |
| 17,623 | | |
| 17,855 | | |
| 110 | |
| Finance lease right-of-use-assets, beginning balance | |
| 17,623 | | |
| 17,855 | | |
| 110 | |
| Addition | |
| 5,711 | | |
| 137 | | |
| 1 | |
| Depreciation expense of right-of-use assets | |
| (5,479 | ) | |
| (6,033 | ) | |
| (37 | ) |
| Carrying value at the end of the year | |
| 17,855 | | |
| 11,959 | | |
| 74 | |
| Finance lease right-of-use-assets, ending balance | |
| 17,855 | | |
| 11,959 | | |
| 74 | |
Finance
lease liabilities
The
Company recognizes finance lease liabilities in accordance with IFRS 16, which are measured at the present value of future lease payments.
The following table provides a reconciliation of the carrying amounts of finance lease liabilities for the years ended June 30, 2025
and 2026:
SCHEDULE OF FINANCE LEASE LIABILITIES
| | |
| |
| |
2026 | |
| | |
As of June 30, | |
| | |
2025 | | |
2026 | | |
2026 | |
| | |
JPY’000 | | |
JPY’000 | | |
US$’000 | |
| Balance at the beginning of the year | |
| 17,686 | | |
| 18,513 | | |
| |
| Finance lease liabilities, beginning balance | |
| 17,686 | | |
| 18,513 | | |
| |
| Addition | |
| 5,614 | | |
| 137 | | |
| |
| Interest expense accrued | |
| 171 | | |
| 160 | | |
| |
| Payments of lease liabilities | |
| (4,958 | ) | |
| (5,516 | ) | |
| ) |
| Balance at the end of the year | |
| 18,513 | | |
| 13,294 | | |
| |
| Finance lease liabilities, ending balance | |
| 18,513 | | |
| 13,294 | | |
| |
The
following is a schedule of future minimum lease payments under finance lease agreements as of June 30, 2026:
SCHEDULE
OF FUTURE MINIMUM LEASE PAYMENTS UNDER FINANCE LEASE
| Years ending June 30, | |
JPY’000 | |
| 2027 | |
| 4,300 | |
| 2028 | |
| 2,817 | |
| 2029 | |
| 5,700 | |
| 2030 | |
| 718 | |
| Total undiscounted lease payments | |
| 13,535 | |
| Less: imputed interest | |
| (241 | ) |
| Present value of finance lease liabilities | |
| 13,294 | |
The
following are the amounts recognized in consolidated statements of profit or loss and comprehensive income:
SCHEDULE OF FINANCE LEASE PROFIT AND LOSS AND COMPREHENSIVE INCOME
| | |
2024 | | |
2025 | | |
2026 | | |
2026 | |
| | |
As of June 30, | |
| | |
2024 | | |
2025 | | |
2026 | | |
2026 | |
| | |
JPY’000 | | |
JPY’000 | | |
JPY’000 | | |
US$’000 | |
| Depreciation expense of finance lease right-of-use assets | |
| 4,166 | | |
| 5,479 | | |
| 6,033 | | |
| 37 | |
| Interest expense on finance lease liabilities | |
| 119 | | |
| 171 | | |
| 160 | | |
| 1 | |
The
weighted average interest rate applied to the finance lease liabilities recognized in the consolidated statements of financial position
as of June 30, 2026 was 1.00% per annum (2025: 0.99% per annum, 2024: 0.92%). The weighted average remaining lease term as of June 30,
2026 was 2.83 years (2025: 3.57 years, 2024: 4 years).
TRYHARD
HOLDINGS LIMITED AND ITS SUBSIDIARIES
NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS
|