XML 36 R12.htm IDEA: XBRL DOCUMENT v3.20.1
NOTE 6 - SHORT-TERM LOAN RECEIVABLE
6 Months Ended
Mar. 31, 2020
Receivables [Abstract]  
Short Term Loan Receivable

NOTE 6 – SHORT-TERM LOAN RECEIVABLE

 

On November 15, 2019, the Company entered into a loan agreement to lend JPY30,000,000 (approximately $276,000) to a third party, CAI Media Co., Ltd (“CAI”). The loan is secured by common shares of CAI, bears an annual interest rate of 2% and matures on May 14, 2020. The loan principal and interests were collected in full by the Company on May 12, 2020.