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Operating Leases | 6 Months Ended
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Mar. 31, 2026
Operating Leases [Abstract] |
OPERATING LEASES | NOTE 7 – OPERATING LEASES The Company has various operating leases for office space and warehouse with lease terms of two years. The Company adopted Leases (Topic 842), using the modified-retrospective approach. No cumulative-effect adjustment to retained earnings was required upon adoption of Topic 842 because payments made under operating leases are also recognized as an expense on a straight-line basis over the lease term prior to the adoption of ASC 842. The lease agreements do not specify an explicit interest rate. The Company’s management believes that the Hong Kong Dollar Best Lending Rate (“BLR”) was the most indicative rate of the Company’s borrowing cost for the calculation of the present value of the lease payments; the rate used by the Company as quoted by the BLR minus 2.5%. As of September 30, 2025 and March 31, 2026, the operating lease arrangement of the office and warehouse on 9th floor of Tsuen Wan Industrial Centre was a related party transaction with Mr. Wai Yiu Yau, a director of the Company. As of March 31, 2026, there was an additional operating lease arrangement of a staff quarter in Hong Kong. As of September 30, 2025 and March 31, 2026, operating lease consist of the following:
|  | As of |
|  | September 30, 2025 |  |  | March 31, 2026 |
Right-of-use assets, costs |  | $ | 40,789 |  |  | $ | 108,674 |
Accumulated amortization |  |  | (42,412 | ) |  |  | (47,760 | )
Modification |  |  | 30,364 |  |  |  | - |
Right-of-use assets, net |  | $ | 28,741 |  |  | $ | 60,914 |
As of September 30, 2025 and March 31, 2026, operating lease liabilities consist of the following:
|  | As of |
|  | September 30, 2025 |  |  | March 31, 2026 |
Operating lease liabilities - current portion |  | $ | 30,818 |  |  | $ | 45,298 |
Total |  | $ | 30,818 |  |  | $ | 45,298 |
Leases with an initial term of 12 months or less are short-term leases and not recognized as operating lease right-of-use assets and operating lease liabilities on the consolidated balance sheet. The Company recognizes lease expense for short-term leases on a straight-line basis over the lease term. During the six months ended March 31, 2025 and 2026, the Company incurred total operating lease expenses of $16,615 and $38,462, respectively. Other lease information is as follows:
|  | For the six months ended March 31, |
|  | 2025 |  |  | 2026 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |
Operating cash flows used in operating leases |  | $ | 20,219 |  |  | $ | 55,345 |
Right-of-use assets obtained in exchange for new operating lease liabilities |  | $ | - |  |  | $ | 69,825 |
Weighted-average remaining lease term - operating leases |  |  | 0.5 years |  |  |  | 1.25 years |
Weighted-average discount rate - operating leases |  |  | 3.375 | % |  |  | 2.558 | %
The following is a schedule of future minimum payments under operating leases as of September 30, 2025:
|  | As of September 30, 2025 |
2026 |  | $ | 31,630 |
Total lease payments |  | $ | 31,630 |
Less: imputed interest |  |  | (812 | )
Total operating lease liabilities, net of interest |  | $ | 30,818 |
The following is a schedule of future minimum payments under operating leases as of March 31, 2026:
|  | As of March 31, 2026 |
2026 |  | $ | 45,768 |
Total lease payments |  | $ | 45,768 |
Less: imputed interest |  |  | (470 | )
Total operating lease liabilities, net of interest |  | $ | 45,298 |

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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