CONTRACT LIABILITIES

12 Months Ended

Sep. 30, 2024

Revenue from Contract with Customer [Abstract]

CONTRACT LIABILITIES

9. CONTRACT LIABILITIES

As of September 30, 2024, 2023, and 2022, the contract liabilities balance was ¥153,477 thousand, ¥78,170 thousand, and ¥30,255 thousand, respectively.

Significant changes in the contract liabilities balances during the fiscal years ended September 30, 2024 and 2023 were as follows (in thousands):

	For the Fiscal Years Ended September 30,
	2024			2023
Beginning Balance	¥	78,170		¥	30,255
Reclassification of the beginning contract liabilities to revenue, as the result of performance obligations satisfied		(19,921	)		(12,359	)
Cash received in advance and not recognized as revenue		95,228			60,274
Net change in contract liabilities		75,307			47,915
Ending Balance	¥	153,477		¥	78,170