AIS Holdings Group Q2 FY25 10-Q Filed

TL;DR

AIS Holdings Group filed their Q2 FY25 10-Q. Check financials for 9/30/24.

AI Summary

AIS Holdings Group, Inc. filed its 10-Q for the period ending September 30, 2024. The filing covers the second quarter of fiscal year 2025, with financial data presented for the three and six months ended September 30, 2024, and comparative periods in 2023. The company's fiscal year ends on March 31st.

Why It Matters

This filing provides investors with the latest financial performance and operational updates for AIS Holdings Group, Inc. for the second quarter of their fiscal year.

Risk Assessment

Risk Level: low — This is a routine quarterly filing and does not contain immediate red flags.

Key Numbers

• 2024-09-30 — Reporting Period End Date (This is the end date for the financial data presented in the 10-Q.)
• 2024-11-19 — Filing Date (This is the date the 10-Q was officially submitted to the SEC.)
• 2025 Q2 — Fiscal Quarter (Indicates the second quarter of the company's fiscal year 2025.)

Key Players & Entities

• AIS Holdings Group, Inc. (company) — Filer of the 10-Q
• 20240930 (date) — End of reporting period
• 20241119 (date) — Filing date
• 0001702015 (company) — Central Index Key for AIS Holdings Group, Inc.

FAQ

Key Financial Figures

• $3,600 — the monthly basic fee was reduced from $3,600 to $2,000. On February 1, 2024, the Co
• $2,000 — ly basic fee was reduced from $3,600 to $2,000. On February 1, 2024, the Company has
• $ — rrency is not US$ are translated into US$, using the exchange rate on the balance
• $1 — he local currency of the Company into US$1 has been made at the following exchange
• $0.0001 — f 20,000,000 shares with a par value of $0.0001. The Company had no shares of preferred
• $0 — r 30, 2024 and 2023, the Company repaid $0 and $0 to Takehiro Abe. The total due a

Filing Documents

• aisq2_25o.htm (10-Q) — 372KB
• ex31.htm (EX-31) — 18KB
• ex32.htm (EX-32) — 12KB
• 0001599916-24-000260.txt ( ) — 1640KB
• aidg-20240930.xsd (EX-101.SCH) — 15KB
• aidg-20240930_cal.xml (EX-101.CAL) — 8KB
• aidg-20240930_def.xml (EX-101.DEF) — 14KB
• aidg-20240930_lab.xml (EX-101.LAB) — 109KB
• aidg-20240930_pre.xml (EX-101.PRE) — 77KB
• aisq2_25o_htm.xml (XML) — 189KB

- FINANCIAL INFORMATION

PART I - FINANCIAL INFORMATION Page

- FINANCIAL INFORMATION

PART I - FINANCIAL INFORMATION ITEM 1

FINANCIAL STATEMENTS - UNAUDITED

FINANCIAL STATEMENTS - UNAUDITED F1 CONSOLIDATED Balance Sheets - UNAUDITED F2 CONSOLIDATED F3 CONSOLIDATED F4 CONSOLIDATED F5

Notes to Financial Statements - unaudited

Notes to Financial Statements - unaudited F6 ITEM 2

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITIONS AND RESULTS OF OPERATIONS

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITIONS AND RESULTS OF OPERATIONS 3 ITEM 3

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 3 ITEM 4

CONTROLS AND PROCEDURES

CONTROLS AND PROCEDURES 4

- OTHER INFORMATION

PART II - OTHER INFORMATION ITEM 1

LEGAL PROCEEDINGS

LEGAL PROCEEDINGS 5 ITEM 1A

RISK FACTORS

RISK FACTORS ITEM 2 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS 5 ITEM 3 DEFAULTS UPON SENIOR SECURITIES 5 ITEM 4 MINE SAFETY DISCLOSURES 5 ITEM 5 OTHER INFORMATION 5 ITEM 6 EXHIBITS 5

SIGNATURES

SIGNATURES 6 - 2 - Table of Contents ITEM 1 FINANCIAL STATEMENTS AIS HOLDINGS GROUP, INC. CONSOLIDATED BALANCE SHEETS As of As of September 30, 2024 March 31, 2024 (Unaudited) ASSETS Current Assets Cash and cash equivalents $ 1,002 $ 1,001 Prepaid expenses 100 100 Assets held for sale 91 164 TOTAL CURRENT ASSETS 1,193 1,265 LIABILITIES AND SHAREHOLDERS' DEFICIT Current Liabilities Due to related party $ 141,115 $ 102,209 Accrued expenses - $ 25 TOTAL CURRENT LIABILITIES 141,115 102,234 Shareholders' Deficit Preferred stock ($ 0.0001 par value, 20,000,000 shares authorized; 0 issued and outstanding as of as of September 30, 2024 and March 31, 2024) - - Common stock ($ 0.0001 par value, 500,000,000 shares authorized, 20,000,000 shares issued and outstanding as of September 30, 2024 and March 31, 2024) 2,000 2,000 Additional paid-in capital 65,809 58,383 Accumulated deficit ( 222,153 ) ( 181,235 ) Accumulated other comprehensive income 14,422 19,883 TOTAL SHAREHOLDERS' DEFICIT ( 139,922 ) ( 100,969 ) TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT $ 1,193 $ 1,265 The accompanying notes are an integral part of these unaudited consolidated financial statements. - F1- Table of Contents AIS HOLDINGS GROUP, INC. CONSOLIDATED (UNAUDITED) Three Months Three Months Six Months Six Months Ended Ended Ended Ended September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 OPERATING EXPENSE General and administrative expenses 9,822 11,757 31,790 34,148 Total Operating Expenses 9,822 11,757 31,790 34,148 Other Income (Expense) Interest expenses ( 4,025 ) ( 2,026 ) ( 7,426 ) ( 3,696 ) Net Loss from continuing operations ( 13,847 ) ( 13,783 ) ( 39,216 ) ( 37,844 ) Income (loss) from discontinued operations ( 594 ) 5,298 ( 1,

NOTES TO FINANCIAL STATEMENTS

NOTES TO FINANCIAL STATEMENTS SEPTEMBER 30, 2024 (UNAUDITED) NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS AIS Holdings Group, Inc., a Delaware corporation ("the Company") was incorporated under the laws of the State of Delaware on January 30, 2017 with the name Superb Acquisition, Inc. On September 20, 2017, we changed our name to AIS Holdings Group, Inc. On April 1, 2018, the Company entered into an agreement with Trend Rich Global Limited to lease the Company's Software System package. The Software System Package is source code that can be expanded upon to create custom websites for clients in the digital currency industry. On August 1, 2022, the Company and Trend Rich Global Limited mutually agreed to alter the monthly fees charged to Trend Rich Global Limited by the Company. All material components of the initial agreement entered into on April 1, 2018 remained unaltered, but the monthly basic fee was reduced from $3,600 to $2,000. On February 1, 2024, the Company has ended its transaction with Trend Rich Global Limited. Our principal executive offices are located at 2-41-7-336, Shinsakae Naka-ku Nagoya-shi, Aichi, 460-0007, Japan. The Company has elected March 31st as its fiscal year end. NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidations The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All significant intercompany accounts and transactions have been eliminated. Basis of Presentation This summary of significant accounting policies is presented to assist in understanding the Company's financial statements. These accounting policies conform to accounting principles, generally accepted in the United States of America, and have been consistently applied in the preparation of the financial statements. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estim

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Forward-Looking Statements

Forward-Looking Statements Certain statements, other than purely historical information, including estimates, projections, statements relating to our business plans, objectives, and expected operating results, and the assumptions upon which those statements are based, are "forward-looking statements." These forward-looking statements generally are identified by the words "believes," "project," "expects," "anticipates," "estimates," "intends," "strategy," "plan," "may," "will," "would," "will be," "will continue," "will likely result," and similar expressions.

Forward-looking statements are based on current expectations

Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results to differ materially from the forward-looking

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