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LONG-TERM LOANS (Tables)
3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
SCHEDULE OF LONG TERM LOANS

As of March 31, 2025 and December 31, 2024, the Company’s long-term loans from banks and other financial institution consist of the following:

 

Indebtedness  Weighted
Average
Interest
Rate*
   Weighted
Average
Years to
Maturity*
  

March 31,
2025

   December 31,
2024
 
Guaranteed loans                    
Fixed rate loan   0.02%   0.03   $86,317   $90,274 
Variable rate loans   1.18%   2.63    6,778,678    6,473,490 
Subtotal   1.20%   2.66    6,864,995    6,563,764 
                     
Unsecured loan                    
Fixed rate loan               35,742 
Subtotal               35,742 
                     
Total long-term loans   1.20%   2.66    6,864,995    6,599,506 
                     
Less: current portion             (66,950)   (96,824)
Non-current portion            $6,798,045   $6,502,682 

 

* Pertained to information for loans outstanding as of March 31, 2025.
SCHEDULE OF OUTSTANDING LOANS

The guarantee information of the Company’s outstanding loans as of March 31, 2025 and December 31, 2024 consists of the following:

 

   March 31,
2025
   December 31,
2024
 
Co-guaranteed by CEO of subsidiaries within the Company’s organizational structure and Tokyo Credit Guarantee Association  $175,316   $185,766 
Guaranteed by a subsidiary within the Company’s organizational structure  $6,689,679   $6,377,998 
SCHEDULE OF MATURITIES OF LONG TERM DEBT

As of March 31, 2025, future minimum payments for long-term loans are as follows:

 

Years ending December 31,  Principal
Repayment
 
Remaining of 2025  $47,423 
2026   66,950 
2027   6,750,622 
Thereafter    
Total  $6,864,995