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Note 6 - Related-Party Transactions
12 Months Ended
Jul. 31, 2025
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Abstract]  
Note 6 - Related-Party Transactions

Note 6 - Related-Party Transactions

 

Due to related party

 

During the years ended July 31, 2025 and 2024, Harbin Co., Ltd. (“Harbin”), a company wholly owned by Ryohei Uetaki, the Chief Executive Officer and controlling shareholder of the Company, paid operating expenses of $326,805 and $197,168, respectively, on behalf of the Company. Harbin also lent the Company $50 and $300 during the years ended July 31, 2025 and 2024, respectively. As of July 31, 2025 and 2024, the amount due to Harbin was $539,667 and $217,474, respectively. The balance is unsecured, non-interest bearing and due on demand.

 

During the years ended July 31, 2025 and 2024, we utilized Harbin’s office space and equipment of our management at no cost.