Recognition of Non-Operating Income, Non-Operating Expenses (Including Bitcoin Valuation Loss) and Deferred Income Tax Benefit
Metaplanet Inc. (consolidated; some interest expenses relate to borrowings by consolidated subsidiaries)
Bitcoin, assets denominated in foreign currencies, borrowings by consolidated subsidiaries, and share issuance costs recorded as deferred assets
The foreign exchange gain resulted primarily from the impact of fluctuations in the exchange rate between the relevant currencies and the yen due to the holding of assets denominated in foreign currencies. Interest expenses primarily represented interest on borrowings by consolidated subsidiaries. The Bitcoin valuation loss primarily represented an accounting valuation adjustment reflecting temporary price fluctuations. Amortization of share issuance costs primarily resulted from the continued amortization of share issuance costs recorded as deferred assets in the previous fiscal year. The deferred income tax benefit arose primarily from Bitcoin valuation gains and losses.
Foreign exchange gain of ¥350 million (non-operating income), interest expenses of ¥934 million (non-operating expenses), Bitcoin valuation loss of ¥116,356 million (non-operating expenses), amortization of share issuance costs of ¥300 million (non-operating expenses), and deferred income tax benefit of ¥451 million
Cumulative consolidated period for the first quarter of the fiscal year ending December 2026
The Company's Bitcoin treasury business continues to make steady progress without being affected by these short-term price fluctuations.
| Item | Details |
|---|---|
| Event name | Recognition of Non-Operating Income, Non-Operating Expenses (Including Bitcoin Valuation Loss) and Deferred Income Tax Benefit |
| Subject Entity | Metaplanet Inc. (consolidated; some interest expenses relate to borrowings by consolidated subsidiaries) |
| Target Locations / Products | Bitcoin, assets denominated in foreign currencies, borrowings by consolidated subsidiaries, and share issuance costs recorded as deferred assets |
| Cause | The foreign exchange gain resulted primarily from the impact of fluctuations in the exchange rate between the relevant currencies and the yen due to the holding of assets denominated in foreign currencies. Interest expenses primarily represented interest on borrowings by consolidated subsidiaries. The Bitcoin valuation loss primarily represented an accounting valuation adjustment reflecting temporary price fluctuations. Amortization of share issuance costs primarily resulted from the continued amortization of share issuance costs recorded as deferred assets in the previous fiscal year. The deferred income tax benefit arose primarily from Bitcoin valuation gains and losses. |
| Amount of Impact on Business Performance | Foreign exchange gain of ¥350 million (non-operating income), interest expenses of ¥934 million (non-operating expenses), Bitcoin valuation loss of ¥116,356 million (non-operating expenses), amortization of share issuance costs of ¥300 million (non-operating expenses), and deferred income tax benefit of ¥451 million |
| Accounting period in which recognized | Cumulative consolidated period for the first quarter of the fiscal year ending December 2026 |
| Outlook | The Company's Bitcoin treasury business continues to make steady progress without being affected by these short-term price fluctuations. |
Items this document does not state (18)
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 foreign exchange gain resulted from the impact of exchange rate fluctuations on assets denominated in foreign currencies. Interest expenses primarily represented interest on borrowings by consolidated subsidiaries. The Bitcoin valuation loss primarily represented an accounting valuation adjustment reflecting temporary price fluctuations. Amortization of share issuance costs resulted from the amortization of share issuance costs recorded as deferred assets. The deferred income tax benefit arose primarily from Bitcoin valuation gains and losses.