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Financial results presentation3350Metaplanet Inc.Financials (excluding banks)

Financial Results Presentation for the Second Quarter of the Fiscal Year Ending December 2026

In the first half of FY2026, revenue and operating profit significantly exceeded the year-earlier period, driven by the expansion of the Bitcoin-related business. However, ordinary profit and interim net income attributable to owners of the parent were losses due to the recognition of a ¥184.2 billion valuation loss on Bitcoin.

Worth reading
51Recurring
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
136.3
Year-on-year change in operating income (%)
Wording
Avoiding a definitive answer
How definitive the wording is.

Contents of this document

Financial results presentationSecond quarter of the fiscal year ending December 20266 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥4,944 million+133.7%
Operating profit¥3,331 million+136.3%
Ordinary income¥-182,874 million
Net income¥-182,774 million
Selling, general and administrative expenses¥1,579.5 million
Full-year earnings forecast
Net Sales
¥16,000 million
Operating profit
¥11,400 million
Progress against full-year forecast　通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales30.9 %
Operating profit29.2 %
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Bitcoin valuation loss
¥-184.2 billion
Foreign exchange adjustment
¥12.5 billion
Impact of BTC price movements since the end of June 2026
¥24.9 billion
New initiatives
  • Developing メタプラネット証券 as the Group's corporate bond platform
  • Launching the issuance of yen-denominated fixed-rate corporate bonds, BitBonds
  • Jointly exploring the digital credit sector using Bitcoin, JPYC and security tokens
Key KPIsA metric the company considers important as a management benchmark.
  • Bitcoin holdings43,000 BTC
  • Capital raised5,802 over ¥100 million
  • Total number of shareholders243.7 thousand customers
  • BTC yield6.6 %
  • BTC gain2,637 BTC
  • Bitcoin per 1,000 shares0.03 BTC
  • BTC NAV¥4,095 100 million
  • Coverage4.1 times
Segment results
Bitcoin-Related Business
Net Sales
¥4,742.8 million
Operating profit
¥4,279.1 million
Hotel Business
Net Sales
¥201.8 million
Operating profit
¥71.6 million
Corporate and other
Operating profit
¥-1,019.3 million
Market Size / Share
  • Rank by Bitcoin holdings among listed companies worldwide3 rank
  • Corporate bonds as a percentage of the domestic bond market8.5 %
  • Corporate bonds as a percentage of household financial assets1 Below %
Three months of the current quarter
BTC yield
6.6 %
BTC gain
2,637 BTC
BTC gain in yen
¥25,116 million
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredSecond quarter of the fiscal year ending December 2026
Net Sales¥4,944 million (YoY +133.7%)
Operating profit¥3,331 million (YoY +136.3%)
Ordinary income¥-182,874 million
Net income¥-182,774 million
Selling, general and administrative expenses¥1,579.5 million
Three months of the current quarterBTC yield 6.6 % / BTC gain 2,637 BTC / BTC gain in yen ¥25,116 million
Full-year earnings forecastNet Sales ¥16,000 million / Operating profit ¥11,400 million / Ordinary income Not disclosed / Net income Not disclosed
Progress against full-year forecastNet Sales 30.9 % / Operating profit 29.2 %
Segment resultsBitcoin-Related Business Net Sales ¥4,742.8 million / Year-on-year change in revenue Not disclosed / Operating profit ¥4,279.1 million / Year-on-year operating profit growth Not disclosed / Hotel Business Net Sales ¥201.8 million / Year-on-year change in revenue Not disclosed / Operating profit ¥71.6 million / Year-on-year operating profit growth Not disclosed / Corporate and other Net Sales Not disclosed / Operating profit ¥-1,019.3 million / Year-on-year operating profit growth Not disclosed
Breakdown of Factors Affecting the ChangeBitcoin valuation loss ¥-184.2 billion / Foreign exchange adjustment ¥12.5 billion / Impact of BTC price movements since the end of June 2026 ¥24.9 billion
Key KPIsIndicator name Bitcoin holdings / Value 43,000 BTC / Year on year against the same period last year Not disclosed, Indicator name Capital raised / Value 5,802 over ¥100 million / Year on year against the same period last year Not disclosed, Indicator name Total number of shareholders / Value 243.7 thousand customers / Year on year against the same period last year Not disclosed, Indicator name BTC yield / Value 6.6 % / Year on year against the same period last year Not disclosed, Indicator name BTC gain / Value 2,637 BTC / Year on year against the same period last year Not disclosed, Indicator name Bitcoin per 1,000 shares / Value 0.03 BTC / Year on year against the same period last year Not disclosed, Indicator name BTC NAV / Value ¥4,095 100 million / Year on year against the same period last year Not disclosed, Indicator name Coverage / Value 4.1 times / Year on year against the same period last year Not disclosed
Market Size / ShareItem Rank by Bitcoin holdings among listed companies worldwide / Value 3 rank, Item Corporate bonds as a percentage of the domestic bond market / Value 8.5 %, Item Corporate bonds as a percentage of household financial assets / Value 1 Below %
New initiativesDeveloping メタプラネット証券 as the Group's corporate bond platform, Launching the issuance of yen-denominated fixed-rate corporate bonds, BitBonds, Jointly exploring the digital credit sector using Bitcoin, JPYC and security tokens
Items this document does not state (16)
Gross Profit MarginOperating profit marginSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogKey points of the Q&A

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 Company explained that revenue and operating profit grew with the expansion of the business. It attributed the losses in ordinary profit and interim net income to valuation losses based on the market value of Bitcoin at the end of the period, reflecting fluctuations in the Bitcoin price.

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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Financial Results Presentation for the Second Quarter of the Fiscal Year Ending December 2026 | Metaplanet Inc. (3350) timely disclosure | Komori