SALES-TYPE LEASES AND NET INVESTMENT IN THE LEASE

12 Months Ended

Sep. 30, 2024

Sales-type Leases And Net Investment In Lease

SALES-TYPE LEASES AND NET INVESTMENT IN THE LEASE

3. SALES-TYPE LEASES AND NET INVESTMENT IN THE LEASE

For the fiscal years ended September 30, 2024, 2023, and 2022, the Company recorded revenue from the sales-type leases of ¥1,607 thousand, ¥4,236 thousand, and ¥3,024 thousand and the corresponding cost of ¥129 thousand, ¥1,684 thousand, and ¥1,314 thousand respectively.

For the fiscal years ended September 30, 2024, 2023, and 2022, the Company recorded interest income of ¥3,464 thousand, ¥3,743 thousand, and ¥4,543 thousand respectively.

The component of its aggregate net investment in leases is as follows (in thousands):

	As of September 30,
	2024			2023
Lease receivable	¥	10,656		¥	12,225
Unguaranteed residual asset		-			-
Net investment in the lease		10,656			12,225
Current portion		(4,604	)		(4,171	)
Long-term portion	¥	6,052		¥	8,054

As of September 30, 2024, the annual aggregate maturities of lease payments under sales-type leases during each of the next five fiscal years were as follows (in thousands):

Year Ending September 30:	Amount
2025	¥	6,922
2026		4,306
2027		1,766
2028		1,015
2029		324
Total undiscounted lease payments		14,333
Less: lease amount representing interest		(3,677	)
Net investment in the lease	¥	10,656