STOCK BASED COMPENSATION (Tables)

12 Months Ended

Sep. 30, 2024

Share-Based Payment Arrangement [Abstract]

SUMMARY OF STOCK OPTION ACTIVITIES

The table below summarized the stock option activities and related information during the fiscal years ended September 30, 2024 and 2023.

	Number of options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term
				(JPY)		(Years)
Outstanding as of September 30, 2022		792,000			40.15		6.34
Granted		517,740			206.52		10.00
Forfeited/cancelled		(75,000	)		76.67		-
Exercised		-			-		-
Outstanding as of September 30, 2023		1,234,740			107.68		7.08
Granted		-			-		-
Forfeited/cancelled		(132,060	)		183.33		-
Exercised		-			-		-
Outstanding as of September 30, 2024		1,102,680			98.63		5.77
Vested and exercisable as of September 30, 2024		-			-		-

SCHEDULE OF SIGNIFICANT ASSUMPTIONS USED IN MODEL TO ESTIMATE THE FAIR VALUE OF STOCK OPTIONS

The fair value of the stock options was estimated as of the date of grant using the binomial model with the assistance of a third-party valuation appraiser. The following table summarizes the significant assumptions used in the model to estimate the fair value of the stock options for the fiscal years ended September 30, 2024 and 2023.

	For the Fiscal Years Ended September 30,
	2024		2023			2022
Expected volatility		-		51.11	%		-
Risk-free rate		-		0.455	%		-
Dividend yield		-		0	%		-
Exercise term		-		10 years			-
Stock price at grant date		-	¥	30.45			-
Exercise price		-	¥	206.51			-