Harrison Global Holdings Inc.
CIK:0001984014|SEC Filings
Consolidated Statements of Cash Flows - JPY (¥) ¥ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Sep. 30, 2024 |
Sep. 30, 2023 |
Sep. 30, 2022 |
|
| Cash flows from operating activities: | |||
| Net (loss)/profit | ¥ (221,023) | ¥ (15,796) | ¥ 241 |
| Adjustments to reconcile net loss to net cash provided by operating activities: | |||
| Depreciation and amortization | 13,580 | 8,264 | 3,122 |
| Foreign currency translation losses | 34,649 | ||
| Changes in operating assets and liabilities: | |||
| Accounts receivable | 12,217 | (13,326) | 7,215 |
| Short-term loan Receivable | (200,362) | ||
| Prepaid expenses and other current assets | (68,673) | (3,716) | 3,372 |
| Deferred costs | (148,636) | (19,757) | 15,723 |
| Other Assets | (182) | (148) | |
| Accounts payable | 51,894 | (24,993) | 21,119 |
| Other current liabilities | 85,496 | 27,499 | 2,175 |
| Net cash (used in)/provided by operating activities | (441,040) | (41,825) | 52,819 |
| Cash flows from investing activities: | |||
| Purchase of property, plant and equipment | (319) | (366) | |
| Purchase of intangible assets | (95,250) | (19,828) | (6,068) |
| Net cash used in investing activities | (95,250) | (20,147) | (6,434) |
| Cash flows from financing activities | |||
| Proceed from issuance of shares | 715,446 | 233,600 | |
| Payment of deferred offering costs | (68,122) | (171,893) | |
| Proceed from long-term debt | 17,930 | ||
| Repayments of long-term debt | (2,060) | (2,040) | (2,040) |
| Repayment under lease liabilities | (3,571) | (3,220) | (200) |
| Net cash provided by/(used in) financing activities | 659,623 | 56,447 | (2,240) |
| Effect of exchange rate change on cash and cash equivalents | (34,649) | ||
| Net increase/(decrease) in cash and cash equivalents | 88,684 | (5,525) | 44,145 |
| Cash and cash equivalents at beginning of period | 59,955 | 65,480 | 21,335 |
| Cash and cash equivalents at end of period | 148,639 | 59,955 | 65,480 |
| Supplemental disclosures of cash flow information: | |||
| Cash paid for interest | 493 | 1,723 | 78 |
| Cash paid for income taxes | 6,510 | ||
| Issuance of shares in connection with consulting agreement | ¥ 164,236 | ||
Consolidated Balance Sheets - JPY (¥) ¥ in Thousands |
Sep. 30, 2024 |
Sep. 30, 2023 |
||
|---|---|---|---|---|
| Current assets: | ||||
| Cash and cash equivalents | ¥ 148,639 | ¥ 59,955 | ||
| Accounts receivable | 7,292 | 14,487 | ||
| Other receivable | 7,209 | 9,573 | ||
| Prepaid expenses | 61,508 | 478 | ||
| Income tax receivable | 637 | 2,338 | ||
| Deferred costs | 176,264 | 27,628 | ||
| Deferred offering costs | 171,893 | |||
| Other current assets | 10,103 | 1,089 | ||
| Total Current Assets | 612,569 | 290,655 | ||
| Non-current assets: | ||||
| Right-of-Use assets | 10,465 | 2,774 | ||
| Property and equipment, net | 361 | 559 | ||
| Intangible assets, net | 105,278 | 20,185 | ||
| Other assets | 330 | 146 | ||
| Total Assets | 729,003 | 314,319 | ||
| Current liabilities: | ||||
| Accounts payable | 79,096 | 28,396 | ||
| Other payable | 5,843 | 6,640 | ||
| Deferred revenue | 119,335 | 33,839 | ||
| Current portion of lease liabilities | 5,414 | 2,774 | ||
| Current portion of long-term debt | 6,240 | 2,040 | ||
| Total Current Liabilities | 217,969 | 73,738 | ||
| Non-current liabilities: | ||||
| Long-term debt | 23,400 | 11,730 | ||
| Lease liabilities | 4,375 | |||
| Total liabilities | 245,744 | 85,468 | ||
| SHAREHOLDERS’ EQUITY: | ||||
| Share capital | ||||
| Ordinary shares, $0.00000002 par value – 2,500,000,000,000 shares authorized and 13,429,800 shares and 11,185,000 shares issued and outstanding as of September 30, 2024 and 2023, respectively* | [1] | |||
| Additional paid-in capital | 720,771 | 245,340 | ||
| Accumulated deficit | (237,512) | (16,489) | ||
| Total shareholders’ equity | 483,259 | 228,851 | ||
| Total Liabilities & Equity | 729,003 | 314,319 | ||
| Related Party | ||||
| Current assets: | ||||
| Related party receivables | 555 | 3,214 | ||
| Short-term loan receivable - Related party | 200,362 | |||
| Current liabilities: | ||||
| Related party payables | ¥ 2,041 | ¥ 49 | ||
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