Market Volatility Risk in Cryptocurrency Prices and Foreign Exchange Rates
First written in FY2018. 9 of 18 entries say "Materialised", first in FY2019-Q3. Latest entry: 2026-10-13.
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- 2026-10-13MaterialisedOccurring Fact
「2027 年2月期第2四半期会計期間において、連結子会社による暗号資産の売却に伴い、2026 年6月 16日に実施した 904 ETH の売却について 18 百万円、同年7月 30 日に実施した 1,000 ETH の売却について 17 百万円の売却損が発生しております。」
暗号資産の価格変動に伴う売却損が実際に計上され、市場変動リスクが損失として顕在化している。一方、同開示では暗号資産評価益364百万円や売却益も計上されており、損益への影響が変動している。 - FY2027-H1Crypto-Asset Valuation Loss Turns into a Valuation GainAnnual report
「In addition, during the interim consolidated accounting period, the Company mainly recognized a ¥364 million valuation gain on crypto assets as non-operating income due to fluctuations in the market prices of digital assets held.」
While an impairment loss of ¥18 million on crypto assets was recognized in the previous interim period, a valuation gain of ¥364 million was recognized in the current interim period. The earnings impact of market fluctuations shifted from a loss to a gain, but exposure to market fluctuations remains. - FY2026WorsenedAnnual report
「During the consolidated fiscal year, the Group recognized an impairment loss of ¥1,670 million at period-end valuation because of fluctuations in cryptocurrency market prices.」
The risk from cryptocurrency price fluctuations materialized as an actual loss, with the impairment loss increasing sharply from ¥18 million in the interim period of the previous year to ¥1,670 million for the full year. - FY2026-H1MaterialisedAnnual report
「In addition, an impairment loss on crypto assets has been recognized as a non-operating expense.」
An impairment loss of ¥18.1 million on newly acquired and held crypto assets was recognized as a non-operating expense, showing that the risk of market price fluctuations had materialized as an actual loss. - FY2020RestatedAnnual report
「This is the risk of incurring losses when the value of assets held fluctuates because of changes in cryptocurrency market prices, foreign exchange rates and other market risk factors.」
Market-related risks arising from cryptocurrency prices, foreign exchange rates, market disruption and other factors are repeated. - FY2020-Q3RestatedAnnual report
「In 2018, cryptocurrency market capitalization and market conditions continued to deteriorate, but from April 2019, led by bitcoin, both market capitalization and market conditions improved sharply.」
The explanation of the market environment, namely the downturn in the cryptocurrency market in 2018 and its improvement from April 2019, continues to be included from the previous quarter. - FY2020-Q2RestatedAnnual report
「In 2018, cryptocurrency market capitalization and market conditions continued to deteriorate, but from April 2019, led by bitcoin, both market capitalization and market conditions improved sharply.」
The explanation of the market environment, namely the downturn in the cryptocurrency market in 2018 and its improvement from April 2019, is repeated. However, this has not led to higher trading volume on the exchange. - FY2020-Q1MitigatedAnnual report
「In 2018, cryptocurrency market capitalization and market conditions continued to deteriorate, but from April 2019, led by bitcoin, both market capitalization and market conditions improved sharply.」
The filing states that cryptocurrency market capitalization and market conditions improved sharply from April 2019 after deteriorating in 2018, temporarily reducing market-environment risk. However, performance has not improved because of the impact of free and discounted promotions. - FY2019WorsenedAnnual report
「The business was withdrawn in January 2019 because performance failed to improve amid declining cryptocurrency trading volumes and stagnant market prices.」
The decline in cryptocurrency trading volumes and stagnant market prices have translated into an actual business impact, including poor performance in the mining business, its withdrawal in January 2019, and shortfalls in exchange account numbers and trading volume. - FY2019-Q3MaterialisedAnnual report
「The mining business, which began in March 2018, has been unable to secure a mining share due to a decline in cryptocurrency transaction volumes and falling cryptocurrency prices, among other factors, and is currently unable to generate the earnings anticipated.」
The decline in cryptocurrency transaction volumes and falling prices have resulted in actual business impacts, including the inability to secure a mining share and failure to achieve anticipated earnings. - FY2018First statedAnnual report
「This is the risk of incurring losses when the value of held assets or cryptocurrency acquired through mining fluctuates due to changes in market risk factors, such as cryptocurrency market prices and foreign exchange rates.」
With the entry into the fintech business, the risk of a decline in the value of held assets and mined cryptocurrency due to fluctuations in cryptocurrency prices, foreign exchange rates, and other factors was disclosed for the first time.