NOTE 5 - RELATED PARTY TRANSACTIONS

6 Months Ended

Mar. 31, 2020

Related Party Transactions [Abstract]

Related Party Transactions

NOTE 5 - RELATED-PARTY TRANSACTIONS

As of March 31, 2020 and September 30, 2019, the Company’s due to related parties and directors are as follows:

		March 31, 2020		September 30, 2019
Due to director
Tomoo Yoshida, CEO, CFO, sole director and a shareholder of the Company	$	741,157	$	741,133
Total due to director	$	741,157	$	741,133
Due to related parties
Keiichi Koga, a shareholder of the Company and a director of certain subsidiaries of the Company	$	47,635	$	47,635
Force Internationale, the Company’s majority shareholder. Tomoo Yoshida is a director of Force Internationale		656,305		633,578
School TV Co., Ltd., a wholly-owned subsidiary of Force Internationale		133,620		132,940
Total due to related parties	$	837,560	$	814,153

The payable balances are unsecured, due on demand, and bear no interest. From time to time, these related parties have advanced to the Company or paid expenses on behalf of the Company, and the Company has also made repayments.

Tomoo Yoshida provided guarantee for the Company’s office leases during the six months ended March 31, 2020 and 2019.

Due from related party

As of March 31, 2020 and September 30, 2019, the Company had a long-term loan of $233,315 and $232,128, respectively, due from School TV. The loan is unsecured, bears a 1% per annum interest, and is due on May 24, 2023.

As of March 31, 2020 and September 30, 2019, the Company had a short-term loan of $92,997 and $92,524, respectively, due from School TV included in due from related party. The loan is unsecured, due on demand, and bears a 1% interest per annum.