FINANCIAL INSTRUMENTS AND FINANCIAL RISKS (Tables)
|
12 Months Ended |
Jun. 30, 2026 |
|---|
| Notes and other explanatory information [abstract] |
|
| SCHEDULE OF ALLOWANCE FOR EXPECTED CREDIT LOSSES |
Movement
in relation to allowance for expected credit losses are as follows:
SCHEDULE OF ALLOWANCE FOR EXPECTED CREDIT LOSSES
| | |
2025 | | |
2026 | | |
2026 | |
| | |
As of June 30, | |
| | |
2025 | | |
2026 | | |
2026 | |
| | |
JPY’000 | | |
JPY’000 | | |
US$’000 | |
| Balance at the beginning of the year | |
| 27,805 | | |
| 54,511 | | |
| 335 | |
| Addition | |
| 26,706 | | |
| 149,852 | | |
| 922 | |
| Balance at the end of the year | |
| 54,511 | | |
| 204,363 | | |
| 1,257 | |
|
| SCHEDULE OF GROSS CARRYING AMOUNTS AND ALLOWANCE FOR EXPECTED CREDIT LOSS FOR ACCOUNTS RECEIVABLE |
The
carrying amounts of accounts receivable are disclosed in note 6. The following tables present the gross carrying amounts and allowance
for expected credit loss for accounts receivable based on days past due as of June 30, 2025 and 2026:
SCHEDULE OF GROSS CARRYING AMOUNTS AND ALLOWANCE
FOR EXPECTED CREDIT LOSS FOR ACCOUNTS RECEIVABLE
| | |
| | |
Gross carrying amount | | |
Allowance for expected credit loss | | |
Net carrying amount | |
| | |
| | |
As of June 30, 2025 | |
| | |
| | |
Gross carrying amount | | |
Allowance for expected credit loss | | |
Net carrying amount | |
| | |
Expected loss rate | | |
JPY’000 | | |
JPY’000 | | |
JPY’000 | |
| 0 to 90 days | |
| 2.40 | % | |
| 885,712 | | |
| (21,256 | ) | |
| 864,456 | |
| 91 to 180 days | |
| 5.39 | % | |
| 126,750 | | |
| (6,837 | ) | |
| 119,913 | |
| 181 to 365 days | |
| 36.23 | % | |
| 47,440 | | |
| (17,189 | ) | |
| 30,251 | |
| Over 365 days | |
| 100.00 | % | |
| 9,229 | | |
| (9,229 | ) | |
| — | |
| Total | |
| | | |
| 1,069,131 | | |
| (54,511 | ) | |
| 1,014,620 | |
| | |
| | |
Gross carrying amount | | |
Allowance for expected credit loss | | |
Net carrying amount | |
|
Net carrying amount |
|
| | |
| | |
As of June 30, 2026 |
|
| | |
| | |
Gross carrying amount | | |
Allowance for expected credit loss | | |
Net carrying amount | |
|
Net carrying amount |
|
| | |
Expected loss rate | | |
JPY’000 | | |
JPY’000 | | |
JPY’000 | | |
US$’000 | |
| 0 to 90 days | |
| 2.48 | % | |
| 561,326 | | |
| (13,897 | ) | |
| 547,429 | | |
| 3,367 | |
| 91 to 180 days | |
| 5.52 | % | |
| 532,758 | | |
| (29,406 | ) | |
| 503,352 | | |
| 3,095 | |
| 181 to 365 days | |
| 44.95 | % | |
| 120,458 | | |
| (54,149 | ) | |
| 66,309 | | |
| 408 | |
| Over 365 days | |
| 100.00 | % | |
| 106,911 | | |
| (106,911 | ) | |
| — | | |
| — | |
| Total | |
| | | |
| 1,321,453 | | |
| (204,363 | ) | |
| 1,117,090 | | |
| 6,870 | |
|
| SCHEDULE OF CONCENTRATION RISK |
The
following table sets forth a summary of single customers who represent 10% or more of the Company’s revenue:
SCHEDULE
OF CONCENTRATION RISK
| | |
For the years ended June 30, | |
| | |
2024 | | |
2025 | | |
2026 | | |
2026 | |
| Customer A | |
| 18.97 | % | |
| -* | | |
| -* | | |
| -* | |
The following table sets forth information as to each
customer that accounted for more than 10% for account receivables as of June 30, 2025 and 2026:
| | |
2025 | | |
2026 | |
| | |
As of June 30, | |
| | |
2025 | | |
2026 | |
| Customer A | |
| 13.53 | % | |
| 15.16 | % |
| Customer B | |
| 11.77 | % | |
| 20.57 | % |
| Concentration risk | |
| 11.77 | % | |
| 20.57 | % |
|
| SCHEDULE OF FINANCIAL INSTRUMENTS |
The
following tables show the remaining contractual maturities at the end of the years presented of the Company’s non-derivative financial
liabilities, which are based on contractual undiscounted cash flows:
SCHEDULE
OF FINANCIAL INSTRUMENTS
| | |
Carrying amount | | |
Total | | |
Within 1 year | | |
1 to 2 years | | |
2 to 3 years | | |
3 to 4 years | | |
4 to 5 years | | |
Over 5 years | |
| | |
As of June 30, 2025 | |
| | |
JPY’000 | |
| | |
Carrying amount | | |
Total | | |
Within 1 year | | |
1 to 2 years | | |
2 to 3 years | | |
3 to 4 years | | |
4 to 5 years | | |
Over 5 years | |
| Lease liabilities | |
| 1,131,103 | | |
| 1,152,824 | | |
| 388,800 | | |
| 304,506 | | |
| 172,928 | | |
| 119,272 | | |
| 101,518 | | |
| 65,800 | |
| Bank and other borrowings | |
| 882,841 | | |
| 882,841 | | |
| 116,150 | | |
| 110,618 | | |
| 101,594 | | |
| 95,800 | | |
| 80,784 | | |
| 377,895 | |
| Other payables and accruals | |
| 305,196 | | |
| 305,196 | | |
| 305,196 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | |
| Accounts payable | |
| 271,083 | | |
| 271,083 | | |
| 271,083 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | |
| Long-term payables | |
| 16,142 | | |
| 16,142 | | |
| — | | |
| 4,775 | | |
| 1,895 | | |
| 947 | | |
| 947 | | |
| 7,578 | |
| Total | |
| 2,606,365 | | |
| 2,628,086 | | |
| 1,081,229 | | |
| 419,899 | | |
| 276,417 | | |
| 216,019 | | |
| 183,249 | | |
| 451,273 | |
| | |
Carrying amount | | |
Total | | |
Within 1 year | | |
1 to 2 years | | |
2 to 3 years | | |
3 to 4 years | | |
4 to 5 years | | |
Over 5 years | |
| | |
As of June 30, 2026 | |
| | |
JPY’000 | |
| | |
Carrying amount | | |
Total | | |
Within 1 year | | |
1 to 2 years | | |
2 to 3 years | | |
3 to 4 years | | |
4 to 5 years | | |
Over 5 years | |
| Lease liabilities | |
| 1,013,876 | | |
| 1,035,103 | | |
| 380,171 | | |
| 244,505 | | |
| 184,264 | | |
| 120,113 | | |
| 79,600 | | |
| 26,450 | |
| Bank and other borrowings | |
| 345,761 | | |
| 345,761 | | |
| 85,284 | | |
| 71,258 | | |
| 65,464 | | |
| 50,448 | | |
| 38,034 | | |
| 35,273 | |
| Other payables and accruals | |
| 137,374 | | |
| 137,374 | | |
| 137,374 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | |
| Accounts payable | |
| 200,728 | | |
| 200,728 | | |
| 200,728 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | |
| Total | |
| 1,697,739 | | |
| 1,718,966 | | |
| 803,557 | | |
| 315,763 | | |
| 249,728 | | |
| 170,561 | | |
| 117,634 | | |
| 61,723 | |
|
| SCHEDULE OF EFFECT ON PROFIT BEFORE INCOME TAX EXPENSES |
The
following table presents the effect on profit before income tax expenses of a 1% strengthening or weakening of USD against JPY, assuming
all other variables remain constant. The analysis is based on the USD-denominated bank balance outstanding as of June 30, 2025 and 2026.
SCHEDULE OF EFFECT ON PROFIT BEFORE
INCOME TAX EXPENSES
| | |
For the years ended | |
| | |
2025 | | |
2026 | | |
2026 | |
| US$ against JPY | |
JPY’000 | | |
JPY’000 | | |
US$’000 | |
| Strengthened | |
| — | | |
| 25 | | |
| — | |
| Weakened | |
| — | | |
| (25 | ) | |
| — | |
|
| SCHEDULE OF FINANCIAL INSTRUMENTS MEASURED AT FAIR VALUE |
SCHEDULE
OF FINANCIAL INSTRUMENTS MEASURED AT FAIR VALUE
| | |
As of June 30, 2026 | |
| | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | | |
Total | |
| | |
JPY’000 | | |
JPY’000 | | |
JPY’000 | | |
JPY’000 | | |
US$’000 | |
| Financial assets at FVTPL | |
| — | | |
| — | | |
| 100,820 | | |
| 100,820 | | |
| 620 | |
|
| SCHEDULE OF SIGNIFICANT UNOBSERVABLE INPUTS |
The
following table illustrates the sensitivity of the fair value of Investment A as of June 30, 2026 to reasonably possible changes in
significant unobservable inputs. Each input is changed individually, with all other inputs held constant. A change of 100 basis
points represents a change of one percentage point. The amounts represent increases or decreases in fair value relative to the
base-case valuation.
SCHEDULE OF SIGNIFICANT UNOBSERVABLE INPUTS
| | |
Increase (decrease) in fair value | |
| Significant unobservable inputs | |
JPY’000 | |
| Discount rate | |
| | |
| +100 bps | |
| (1,611 | ) |
| -100 bps | |
| 1,949 | |
|