| Schedule of Intangible Assets |
The components of intangible assets as of April 30, 2025 and October
31, 2025 are as follows:
| | |
April 30,
2025 | | |
October 31,
2025 | |
| | |
JPY | | |
JPY | | |
USD | |
| Intangible assets subject to amortization | |
| | |
(Unaudited) | | |
(Unaudited) | |
| Software* | |
| 11,800,000 | | |
| 11,800,000 | | |
| 76,599 | |
| Accumulated amortization | |
| (1,180,000 | ) | |
| (2,360,000 | ) | |
| (15,320 | ) |
| Net Carrying Amount | |
| 10,620,000 | | |
| 9,440,000 | | |
| 61,279 | |
| * | During the fiscal year ended April 30, 2025, the Company purchased software with an original purchase price of JPY31,800,000. In connection with the acquisition, the Company received a government grant of JPY20,000,000 in cash in the same period. The grant related to assets of JPY20,000,000 was offset against the gross acquisition cost of the intangible assets of JPY31,800,000, resulting in the net acquisition cost of JPY11,800,000 under the cost accumulation approach. |
|
| Schedule of Amortization Expense for Intangible Assets |
The estimated amortization expense for intangible assets for the next
five years and thereafter is as follows:
| | |
JPY | | |
USD | |
| Years ending April 30, | |
| | | |
| | |
| 2026 | |
| 1,180,000 | | |
| 7,660 | |
| 2027 | |
| 2,360,000 | | |
| 15,320 | |
| 2028 | |
| 2,360,000 | | |
| 15,320 | |
| 2029 | |
| 2,360,000 | | |
| 15,320 | |
| 2030 | |
| 1,180,000 | | |
| 7,659 | |
| Thereafter | |
| - | | |
| - | |
| Total | |
| 9,440,000 | | |
| 61,279 | |
|