Worth reading
12Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
9.1785
BTCWording
Conditional
How definitive the wording is.Items stated in the management plan
Key initiatives
01Bitcoin purchase policy
02Bitcoin management policy
Plan assumptionsThe view that Bitcoin is on a global and structural long-term trend of strengthening against fiat currencies, particularly the Japanese yen
Non-financial targetsIndicator name Global ranking by BTC holdings / Target value Top 35 / Timing As of the end of August 2026
Risks identified by the company
Quarterly fair value gains or losses on the Group's Bitcoin holdings may have a material impact on consolidated results.
| Item | Details |
|---|---|
| Plan name | Bitcoin Treasury Strategy |
| Non-financial targets | Indicator name Global ranking by BTC holdings / Target value Top 35 / Timing As of the end of August 2026 |
| Plan assumptions | The view that Bitcoin is on a global and structural long-term trend of strengthening against fiat currencies, particularly the Japanese yen |
| Key initiatives | Bitcoin purchase policy, Bitcoin management policy |
| Risks identified | Quarterly fair value gains or losses on the Group's Bitcoin holdings may have a material impact on consolidated results. |
| Publication date | 22 April 2026 |
Items this document does not state (19)
Plan periodProgress against the planSales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorSegment targetResults under the previous planReason for revision or withdrawalSize of the Target MarketDate of board resolution
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The purchase was made as part of the Group's investment strategy. The Group maintains its view that Bitcoin is on a global and structural long-term trend of strengthening against fiat currencies, particularly the Japanese yen, and is promoting its Bitcoin business as a "Bitcoin ecosystem company."
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.