Annual report

Period2024-10-01 → 2025-09-30
Filed2025-12-24
StandardIFRS
ConsolidatedYes
Data checks21 of 22 passed
Key figures · 165
MetricValuePeriodScopeSource row
Revenue¥933m2024-10-01 → 2025-09-30Cons.Revenue IFRS
Revenue¥839m2023-10-01 → 2024-09-30Cons.Revenue IFRS
Revenue¥665m2022-10-01 → 2023-09-30vCons.Net sales (5-year summary)
Revenue¥624m2021-10-01 → 2022-09-30vCons.Net sales (5-year summary)
Revenue¥303m2020-10-01 → 2021-09-30dCons.Net sales (5-year summary)
Operating income−¥4m2024-10-01 → 2025-09-30Cons.Operating profit loss IFRS
Operating income¥56m2023-10-01 → 2024-09-30Cons.Operating profit loss IFRS
Ordinary income−¥179m2022-10-01 → 2023-09-30vCons.Ordinary income loss (5-year summary)
Ordinary income−¥2m2021-10-01 → 2022-09-30vCons.Ordinary income loss (5-year summary)
Ordinary income−¥128m2020-10-01 → 2021-09-30dCons.Ordinary income loss (5-year summary)
Profit before tax−¥36m2024-10-01 → 2025-09-30Cons.Profit loss before tax IFRS
Profit before tax¥83m2023-10-01 → 2024-09-30Cons.Profit loss before tax IFRS
Profit before tax−¥261m2022-10-01 → 2023-09-30vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax−¥150m2021-10-01 → 2022-09-30vCons.Profit loss before tax IFRS (5-year summary)
Net income (owners)−¥71m2024-10-01 → 2025-09-30Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥21m2023-10-01 → 2024-09-30Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)−¥275m2022-10-01 → 2023-09-30vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥277m2022-10-01 → 2023-09-30vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)−¥180m2021-10-01 → 2022-09-30vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥196m2021-10-01 → 2022-09-30vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥33m2020-10-01 → 2021-09-30dCons.Profit loss attributable to owners of parent (5-year summary)
Net income−¥82m2024-10-01 → 2025-09-30Cons.Profit loss IFRS
Net income¥82m2023-10-01 → 2024-09-30Cons.Profit loss IFRS
Total assets¥3.3bnat 2025-09-30Cons.Assets IFRS
Total assets¥2.3bnat 2024-09-30Cons.Assets IFRS
Total assets¥1.5bnat 2023-09-30vCons.Total assets (5-year summary)
Total assets¥1.7bnat 2023-09-30vCons.Total assets IFRS (5-year summary)
Total assets¥1.5bnat 2022-09-30vCons.Total assets (5-year summary)
Total assets¥1.6bnat 2022-09-30vCons.Total assets IFRS (5-year summary)
Total assets¥1.3bnat 2021-09-30dCons.Total assets (5-year summary)
Total assets¥1.4bnat 2021-09-30dCons.Total assets IFRS (5-year summary)
Total liabilities¥2.4bnat 2025-09-30Cons.Liabilities IFRS
Total liabilities¥1.5bnat 2024-09-30Cons.Liabilities IFRS
Net assets / equity¥921mat 2025-09-30Cons.Equity IFRS
Net assets / equity¥817mat 2024-09-30Cons.Equity IFRS
Net assets / equity¥526mat 2023-09-30vCons.Equity IFRS
Net assets / equity¥546mat 2023-09-30vCons.Net assets (5-year summary)
Net assets / equity¥800mat 2022-09-30vCons.Net assets (5-year summary)
Net assets / equity¥841mat 2021-09-30dCons.Net assets (5-year summary)
Equity (owners)¥843mat 2025-09-30Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥720mat 2024-09-30Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥490mat 2023-09-30vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥768mat 2022-09-30vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥841mat 2021-09-30dCons.Equity attributable to owners of parent IFRS (5-year summary)
Cash & equivalents¥1.1bnat 2025-09-30Cons.Cash and cash equivalents IFRS
Cash & equivalents¥801mat 2024-09-30Cons.Cash and cash equivalents IFRS
Cash & equivalents¥445mat 2023-09-30vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥921mat 2022-09-30vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥402mat 2021-09-30dCons.Cash and cash equivalents (5-year summary)
Operating cash flow−¥445m2024-10-01 → 2025-09-30Cons.Net cash provided by used in operating activities IFRS
Operating cash flow−¥17m2023-10-01 → 2024-09-30Cons.Net cash provided by used in operating activities IFRS
Operating cash flow−¥256m2022-10-01 → 2023-09-30vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥229m2022-10-01 → 2023-09-30vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥42m2021-10-01 → 2022-09-30vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥71m2021-10-01 → 2022-09-30vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥83m2020-10-01 → 2021-09-30dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow¥47m2024-10-01 → 2025-09-30Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥167m2023-10-01 → 2024-09-30Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥383m2022-10-01 → 2023-09-30vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow¥170m2021-10-01 → 2022-09-30vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow¥169m2021-10-01 → 2022-09-30vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥483m2020-10-01 → 2021-09-30dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥710m2024-10-01 → 2025-09-30Cons.Net cash provided by used in financing activities IFRS
Financing cash flow¥541m2023-10-01 → 2024-09-30Cons.Net cash provided by used in financing activities IFRS
Financing cash flow¥160m2022-10-01 → 2023-09-30vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥133m2022-10-01 → 2023-09-30vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow¥307m2021-10-01 → 2022-09-30vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥279m2021-10-01 → 2022-09-30vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow−¥85m2020-10-01 → 2021-09-30dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥-16.732024-10-01 → 2025-09-30Cons.Basic earnings loss per share IFRS
EPS (basic)¥5.742023-10-01 → 2024-09-30Cons.Basic earnings loss per share IFRS
EPS (basic)¥-76.472022-10-01 → 2023-09-30vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-77.152022-10-01 → 2023-09-30vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥-49.542021-10-01 → 2022-09-30vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-54.122021-10-01 → 2022-09-30vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥9.732020-10-01 → 2021-09-30dCons.Basic earnings loss per share (5-year summary)
EPS (diluted)¥-16.732024-10-01 → 2025-09-30Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥5.742023-10-01 → 2024-09-30Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥-77.152022-10-01 → 2023-09-30vCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥-54.122021-10-01 → 2022-09-30vCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥9.712020-10-01 → 2021-09-30dCons.Diluted earnings per share (5-year summary)
Net assets per share¥193.54at 2025-09-30Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥179.09at 2024-09-30Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥145.7at 2023-09-30vCons.Net assets per share (5-year summary)
Net assets per share¥136.56at 2023-09-30vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥221.77at 2022-09-30vCons.Net assets per share (5-year summary)
Net assets per share¥213.95at 2022-09-30vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥244.4at 2021-09-30dCons.Net assets per share (5-year summary)
Equity ratio25.3%at 2025-09-30Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio30.8%at 2024-09-30Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio33.8%at 2023-09-30vCons.Equity to asset ratio (5-year summary)
Equity ratio29.0%at 2023-09-30vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio52.0%at 2022-09-30vCons.Equity to asset ratio (5-year summary)
Equity ratio47.5%at 2022-09-30vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio64.6%at 2021-09-30dCons.Equity to asset ratio (5-year summary)
Equity ratio59.3%at 2021-09-30dCons.Ratio of owners equity to gross assets IFRS (5-year summary)
ROE-9.1%2024-10-01 → 2025-09-30Cons.Rate of return on equity IFRS (5-year summary)
ROE3.5%2023-10-01 → 2024-09-30Cons.Rate of return on equity IFRS (5-year summary)
ROE-44.0%2022-10-01 → 2023-09-30vCons.Rate of return on equity IFRS (5-year summary)
ROE-24.4%2021-10-01 → 2022-09-30vCons.Rate of return on equity IFRS (5-year summary)
ROE4.1%2020-10-01 → 2021-09-30dCons.Rate of return on equity (5-year summary)
Employees31at 2025-09-30Cons.Number of employees
Employees33at 2024-09-30Cons.Number of employees
Employees35at 2023-09-30vCons.Number of employees
Employees22at 2022-09-30vCons.Number of employees
Employees18at 2021-09-30dCons.Number of employees
Revenue¥285m2024-10-01 → 2025-09-30StandaloneNet sales
Revenue¥271m2023-10-01 → 2024-09-30StandaloneNet sales
Revenue¥227m2022-10-01 → 2023-09-30vStandaloneNet sales (5-year summary)
Revenue¥264m2021-10-01 → 2022-09-30vStandaloneNet sales (5-year summary)
Revenue¥157m2020-10-01 → 2021-09-30dStandaloneNet sales (5-year summary)
Operating income−¥238m2024-10-01 → 2025-09-30StandaloneOperating income
Operating income−¥228m2023-10-01 → 2024-09-30StandaloneOperating income
Ordinary income−¥196m2024-10-01 → 2025-09-30StandaloneOrdinary income
Ordinary income¥55m2023-10-01 → 2024-09-30StandaloneOrdinary income
Ordinary income−¥373m2022-10-01 → 2023-09-30vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥63m2021-10-01 → 2022-09-30vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥196m2020-10-01 → 2021-09-30dStandaloneOrdinary income loss (5-year summary)
Profit before tax−¥139m2024-10-01 → 2025-09-30StandaloneIncome before income taxes
Profit before tax¥39m2023-10-01 → 2024-09-30StandaloneIncome before income taxes
Net income−¥140m2024-10-01 → 2025-09-30StandaloneProfit loss
Net income¥38m2023-10-01 → 2024-09-30StandaloneProfit loss
Net income−¥425m2022-10-01 → 2023-09-30vStandaloneNet income loss (5-year summary)
Net income−¥209m2021-10-01 → 2022-09-30vStandaloneNet income loss (5-year summary)
Net income−¥63m2020-10-01 → 2021-09-30dStandaloneNet income loss (5-year summary)
Total assets¥1.6bnat 2025-09-30StandaloneAssets
Total assets¥1.5bnat 2024-09-30StandaloneAssets
Total assets¥865mat 2023-09-30vStandaloneTotal assets (5-year summary)
Total assets¥1.6bnat 2022-09-30vStandaloneTotal assets (5-year summary)
Total assets¥1.2bnat 2021-09-30dStandaloneTotal assets (5-year summary)
Total liabilities¥1.0bnat 2025-09-30StandaloneLiabilities
Total liabilities¥1.0bnat 2024-09-30StandaloneLiabilities
Net assets / equity¥571mat 2025-09-30StandaloneNet assets
Net assets / equity¥514mat 2024-09-30StandaloneNet assets
Net assets / equity¥247mat 2023-09-30vStandaloneNet assets
Net assets / equity¥670mat 2022-09-30vStandaloneNet assets (5-year summary)
Net assets / equity¥744mat 2021-09-30dStandaloneNet assets (5-year summary)
Cash and deposits¥181mat 2025-09-30StandaloneCash and deposits
Cash and deposits¥297mat 2024-09-30StandaloneCash and deposits
EPS (basic)¥-32.872024-10-01 → 2025-09-30StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥10.262023-10-01 → 2024-09-30StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-118.352022-10-01 → 2023-09-30vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-57.552021-10-01 → 2022-09-30vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-18.412020-10-01 → 2021-09-30dStandaloneBasic earnings loss per share (5-year summary)
Net assets per share¥130.38at 2025-09-30StandaloneNet assets per share (5-year summary)
Net assets per share¥126.83at 2024-09-30StandaloneNet assets per share (5-year summary)
Net assets per share¥67.57at 2023-09-30vStandaloneNet assets per share (5-year summary)
Net assets per share¥185.71at 2022-09-30vStandaloneNet assets per share (5-year summary)
Net assets per share¥216.02at 2021-09-30dStandaloneNet assets per share (5-year summary)
Equity ratio35.7%at 2025-09-30StandaloneEquity to asset ratio (5-year summary)
Equity ratio33.0%at 2024-09-30StandaloneEquity to asset ratio (5-year summary)
Equity ratio28.0%at 2023-09-30vStandaloneEquity to asset ratio (5-year summary)
Equity ratio42.4%at 2022-09-30vStandaloneEquity to asset ratio (5-year summary)
Equity ratio61.5%at 2021-09-30dStandaloneEquity to asset ratio (5-year summary)
ROE10.1%2023-10-01 → 2024-09-30StandaloneRate of return on equity (5-year summary)
Shares issued4,456,867at 2025-09-30StandaloneTotal number of issued shares (5-year summary)
Shares issued4,122,100at 2024-09-30StandaloneTotal number of issued shares (5-year summary)
Shares issued3,690,900at 2023-09-30vStandaloneTotal number of issued shares (5-year summary)
Shares issued3,690,900at 2022-09-30vStandaloneTotal number of issued shares (5-year summary)
Shares issued3,430,600at 2021-09-30dStandaloneTotal number of issued shares (5-year summary)
Employees11at 2025-09-30StandaloneNumber of employees
Employees9at 2024-09-30StandaloneNumber of employees
Employees20at 2023-09-30vStandaloneNumber of employees
Employees17at 2022-09-30vStandaloneNumber of employees
Employees10at 2021-09-30dStandaloneNumber of employees

Periods use the dates stated in the filing. d = earlier-year period dated by calendar; v = that date confirmed by the company's own earlier filing.

Segments · 23
SegmentItemPeriodValue
Reconciling Itemsreconcilingsegment profit2024-10-01 → 2025-09-30−¥370m
Digitalreportable segmentemployeesat 2025-09-301 pure
Digitalreportable segmentrevenue2024-10-01 → 2025-09-30¥81m
Digitalreportable segmentrevenue external2024-10-01 → 2025-09-30¥81m
Digitalreportable segmentsegment profit2024-10-01 → 2025-09-30¥50m
Fintechreportable segmentemployeesat 2025-09-3020 pure
Fintechreportable segmentrevenue2024-10-01 → 2025-09-30¥852m
Fintechreportable segmentrevenue external2024-10-01 → 2025-09-30¥852m
Fintechreportable segmentsegment profit2024-10-01 → 2025-09-30¥316m
—segment totalrevenue2024-10-01 → 2025-09-30¥933m
—segment totalrevenue external2024-10-01 → 2025-09-30¥933m
—segment totalsegment profit2024-10-01 → 2025-09-30¥366m
Reconciling Itemsreconcilingsegment profit2023-10-01 → 2024-09-30−¥306m
Digitalreportable segmentrevenue2023-10-01 → 2024-09-30¥209m
Digitalreportable segmentrevenue external2023-10-01 → 2024-09-30¥209m
Digitalreportable segmentsegment profit2023-10-01 → 2024-09-30¥149m
Fintechreportable segmentrevenue2023-10-01 → 2024-09-30¥629m
Fintechreportable segmentrevenue external2023-10-01 → 2024-09-30¥629m
Fintechreportable segmentsegment profit2023-10-01 → 2024-09-30¥213m
—segment totalrevenue2023-10-01 → 2024-09-30¥839m
—segment totalrevenue external2023-10-01 → 2024-09-30¥839m
—segment totalsegment profit2023-10-01 → 2024-09-30¥362m
Digitalreportable segmentemployeesat 2025-09-301 pure

Segment names come from EDINET member IDs; not yet mapped to a common taxonomy.

All source rows · 1,546
ItemContextValueUnit
Number of issued shares as of fiscal year end issued shares total number of shares etcFilingDateInstant4456867
Number of issued shares as of filing date issued shares total number of shares etcFilingDateInstant4458067
Number of shares constituting one unitCurrentYearInstant_OrdinaryShareMember100
Number of shareholders national and local governmentsCurrentYearInstant_OrdinaryShareMember0
Number of shareholders financial institutionsCurrentYearInstant_OrdinaryShareMember1
Number of shareholders financial service providersCurrentYearInstant_OrdinaryShareMember16
Number of shareholders other corporationsCurrentYearInstant_OrdinaryShareMember27
Number of shareholders foreign investors other than individualsCurrentYearInstant_OrdinaryShareMember19
Number of shareholders foreign individual investorsCurrentYearInstant_OrdinaryShareMember4
Number of shareholders individuals and othersCurrentYearInstant_OrdinaryShareMember1948
Number of shareholders totalCurrentYearInstant_OrdinaryShareMember2015
Number of shares held number of units national and local governmentsCurrentYearInstant_OrdinaryShareMember0
Number of shares held number of units financial institutionsCurrentYearInstant_OrdinaryShareMember57
Number of shares held number of units financial service providersCurrentYearInstant_OrdinaryShareMember5464
Number of shares held number of units other corporationsCurrentYearInstant_OrdinaryShareMember7151
Number of shares held number of units foreign investors other than individualsCurrentYearInstant_OrdinaryShareMember338
Number of shares held number of units foreign individual investorsCurrentYearInstant_OrdinaryShareMember6
Number of shares held number of units individuals and othersCurrentYearInstant_OrdinaryShareMember31528
Number of shares held number of units totalCurrentYearInstant_OrdinaryShareMember44544
Number of shares held shares less than one unitCurrentYearInstant_OrdinaryShareMember2467
Percentage of shareholdings national and local governmentsCurrentYearInstant_OrdinaryShareMember0.00
Percentage of shareholdings financial institutionsCurrentYearInstant_OrdinaryShareMember0.0013
Percentage of shareholdings financial service providersCurrentYearInstant_OrdinaryShareMember0.1227
Percentage of shareholdings other corporationsCurrentYearInstant_OrdinaryShareMember0.1605
Percentage of shareholdings foreigners other than individualsCurrentYearInstant_OrdinaryShareMember0.0076
Percentage of shareholdings foreign individualsCurrentYearInstant_OrdinaryShareMember0.0001
Percentage of shareholdings individuals and othersCurrentYearInstant_OrdinaryShareMember0.7078
Number of shares heldCurrentYearInstant_No1MajorShareholdersMember1031800
Shareholding ratioCurrentYearInstant_No1MajorShareholdersMember0.2368
Number of shares heldCurrentYearInstant_No2MajorShareholdersMember403200
Shareholding ratioCurrentYearInstant_No2MajorShareholdersMember0.0925
Number of shares heldCurrentYearInstant_No3MajorShareholdersMember369100
Shareholding ratioCurrentYearInstant_No3MajorShareholdersMember0.0847
Number of shares heldCurrentYearInstant_No4MajorShareholdersMember353600
Shareholding ratioCurrentYearInstant_No4MajorShareholdersMember0.0811
Number of shares heldCurrentYearInstant_No5MajorShareholdersMember191500
Shareholding ratioCurrentYearInstant_No5MajorShareholdersMember0.0439
Number of shares heldCurrentYearInstant_No6MajorShareholdersMember114700
Shareholding ratioCurrentYearInstant_No6MajorShareholdersMember0.0263
Number of shares heldCurrentYearInstant_No7MajorShareholdersMember79500
Shareholding ratioCurrentYearInstant_No7MajorShareholdersMember0.0182
Number of shares heldCurrentYearInstant_No8MajorShareholdersMember57400
Shareholding ratioCurrentYearInstant_No8MajorShareholdersMember0.0131
Number of shares heldCurrentYearInstant_No9MajorShareholdersMember54700
Shareholding ratioCurrentYearInstant_No9MajorShareholdersMember0.0125
Number of shares heldCurrentYearInstant_No10MajorShareholdersMember50000
Shareholding ratioCurrentYearInstant_No10MajorShareholdersMember0.0114
Number of shares heldCurrentYearInstant2705500
Shareholding ratioCurrentYearInstant0.6205
Number of shares issued shares voting rightsCurrentYearInstant_SharesWithNoVotingRightsMember-

Every row of the EDINET CSV. Item names are the XBRL element names; filed text is kept in its original Japanese. Filed text is available on Plus and Pro.

Data checks · 21 of 22 passed
balance sheet identityconsolidated 2024-09-30pass
balance sheet identityconsolidated 2025-09-30pass rounding
balance sheet identitynon_consolidated 2024-09-30pass rounding
balance sheet identitynon_consolidated 2025-09-30pass rounding
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2023-09-30mismatch
statement vs summary · net assetsnon_consolidated 2023-09-30pass
statement vs summary · net assetsnon_consolidated 2024-09-30pass
statement vs summary · net assetsnon_consolidated 2025-09-30pass
statement vs summary · net income attributable to parentconsolidated 2023-10-01/2024-09-30pass
statement vs summary · net income attributable to parentconsolidated 2024-10-01/2025-09-30pass
statement vs summary · operating cash flowconsolidated 2023-10-01/2024-09-30pass
statement vs summary · operating cash flowconsolidated 2024-10-01/2025-09-30pass
statement vs summary · revenueconsolidated 2023-10-01/2024-09-30pass
statement vs summary · revenueconsolidated 2024-10-01/2025-09-30pass
statement vs summary · revenuenon_consolidated 2023-10-01/2024-09-30pass
statement vs summary · revenuenon_consolidated 2024-10-01/2025-09-30pass
statement vs summary · total assetsconsolidated 2024-09-30pass
statement vs summary · total assetsconsolidated 2025-09-30pass
statement vs summary · total assetsnon_consolidated 2024-09-30pass
statement vs summary · total assetsnon_consolidated 2025-09-30pass