| OTHER INCOME |
The
components of other income for the years ended June 30, 2024, 2025 and 2026, are as follows:
SCHEDULE OF OTHER INCOME
| | |
2024 | | |
2025 | | |
2026 | | |
2026 | |
| | |
For the years ended June 30, | |
| | |
2024 | | |
2025 | | |
2026 | | |
2026 | |
| | |
JPY’000 | | |
JPY’000 | | |
JPY’000 | | |
US$’000 | |
| Gain on derecognition of right-of-use assets (a) | |
| 8,212 | | |
| 170,413 | | |
| 154,742 | | |
| 952 | |
| Gain on lease modification or termination | |
| 102 | | |
| 10,239 | | |
| — | | |
| — | |
| Gain on disposal of property
and equipment (b) | |
| — | | |
| — | | |
| 267,379 | | |
| 1,644 | |
| Government subsidies (c) | |
| 1,305 | | |
| — | | |
| — | | |
| — | |
| Others | |
| 6,829 | | |
| 1,739 | | |
| 10,222 | | |
| 63 | |
| Total | |
| 16,448 | | |
| 182,391 | | |
| 432,343 | | |
| 2,659 | |
Note:
| (a) |
When
the sublease is assessed as finance lease, the Company derecognizes the right-of-use asset relating to the head lease that it transfers
to the sublessee and recognizes the net investment in sublease in the consolidated statements of financial position. Gain on derecognition
of right-of-use assets represents the difference between right-of-use assets derecognized and the net investment in sublease. |
| |
|
| (b) |
During
the year ended June 30, 2026, the Company sold its head-office property in Japan, comprising land, a building and related leasehold
improvements, to an independent third party for consideration of JPY910,945 thousand, net of tax and brokerage fee. Upon transfer
of legal title of the property in February 2026, the Company derecognized the related assets with an aggregate carrying amount of
JPY627,115 thousand and recognized a gain of JPY283,830 thousand. After offsetting losses of JPY16,451 thousand from other retirements
and disposals of property and equipment, the Company recognized a net gain on disposal of JPY267,379 thousand. |
| |
|
| (c) |
It
represents the subsidies granted under Carbon Dioxide Emission Reduction Building Subsidy Scheme from the Shizuoka Environment Resources
Association of the Japan government and Osaka District Area Revitalization Project Subsidy from the Japan government. There were
no unfulfilled conditions nor other contingencies attached to the subsidies. |
TRYHARD
HOLDINGS LIMITED AND ITS SUBSIDIARIES
NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS
|