Recognition of Non-Operating Expenses and Difference Between Full-Year Earnings Forecasts and Actual Results
S Crypto Energy Inc.
Crypto assets held by the Company, real estate held for sale in Nagawa-cho, Date, Hokkaido, the first through third series of straight bonds, and the eighth and ninth series of stock acquisition rights
The valuation of the crypto assets fell significantly due to changes in market conditions. The Company recognized bond interest expense, a loss on bond redemption, and costs related to the issuance of stock acquisition rights. The difference between the sales forecast and actual results was due to the execution of a sale and purchase agreement for real estate held for sale in Nagawa-cho, Date, Hokkaido.
Total non-operating expenses of ¥2,379 million, comprising a ¥1,863 million loss on the valuation of crypto assets, ¥31 million in bond interest expense, a ¥199 million loss on bond redemption, ¥280 million in costs related to the issuance of stock acquisition rights, and other items
Fiscal year ending March 2026 (1 April 2025 to 31 March 2026)
Differences arose between the previously announced forecasts and the actual results. The previously announced forecasts were net sales of ¥998 million, an ordinary loss of ¥1,709 million, and a net loss of ¥1,448 million. The actual results were net sales of ¥1,441 million, an ordinary loss of ¥2,524 million, and a net loss of ¥2,529 million.
| Item | Details |
|---|---|
| Event name | Recognition of Non-Operating Expenses and Difference Between Full-Year Earnings Forecasts and Actual Results |
| Subject Entity | S Crypto Energy Inc. |
| Target Locations / Products | Crypto assets held by the Company, real estate held for sale in Nagawa-cho, Date, Hokkaido, the first through third series of straight bonds, and the eighth and ninth series of stock acquisition rights |
| Cause | The valuation of the crypto assets fell significantly due to changes in market conditions. The Company recognized bond interest expense, a loss on bond redemption, and costs related to the issuance of stock acquisition rights. The difference between the sales forecast and actual results was due to the execution of a sale and purchase agreement for real estate held for sale in Nagawa-cho, Date, Hokkaido. |
| Amount of Impact on Business Performance | Total non-operating expenses of ¥2,379 million, comprising a ¥1,863 million loss on the valuation of crypto assets, ¥31 million in bond interest expense, a ¥199 million loss on bond redemption, ¥280 million in costs related to the issuance of stock acquisition rights, and other items |
| Accounting period in which recognized | Fiscal year ending March 2026 (1 April 2025 to 31 March 2026) |
| Impact on Earnings Forecast | Differences arose between the previously announced forecasts and the actual results. The previously announced forecasts were net sales of ¥998 million, an ordinary loss of ¥1,709 million, and a net loss of ¥1,448 million. The actual results were net sales of ¥1,441 million, an ordinary loss of ¥2,524 million, and a net loss of ¥2,529 million. |
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 valuation of the crypto assets fell significantly due to changes in market conditions. The Company also recognized bond interest expense, a loss on bond redemption, and costs related to the issuance of stock acquisition rights. Net sales exceeded the forecast because a sale and purchase agreement was entered into for real estate held for sale in Nagawa-cho, Date, Hokkaido, resulting in ¥404 million in real estate business revenue.