Recognition of non-operating expenses
S Crypto Energy Inc. (the filing company)
Crypto assets held by the Company, the 5th series of straight bonds, and the 10th series of stock acquisition rights
The fair value of the crypto assets held by the Company declined significantly due to fluctuations in market conditions. In addition, interest on the 5th series of straight bonds and share issuance costs and other expenses related to the 10th series of stock acquisition rights were incurred.
¥349 million in total (non-operating expenses). The breakdown is a ¥325 million loss on the valuation of crypto assets, ¥9 million in interest on bonds, and ¥14 million in share issuance costs and other expenses.
First quarter of the fiscal year ending March 2027 (1 April 2026 to 30 June 2026)
Reflected in the First Quarter Financial Results Summary for the fiscal year ending March 2027 [Japanese GAAP] (non-consolidated) announced today
| Item | Details |
|---|---|
| Event name | Recognition of non-operating expenses |
| Date of occurrence | Recognized in the first quarter of the fiscal year ending March 2027 (1 April 2026 to 30 June 2026) |
| Subject Entity | S Crypto Energy Inc. (the filing company) |
| Target Locations / Products | Crypto assets held by the Company, the 5th series of straight bonds, and the 10th series of stock acquisition rights |
| Cause | The fair value of the crypto assets held by the Company declined significantly due to fluctuations in market conditions. In addition, interest on the 5th series of straight bonds and share issuance costs and other expenses related to the 10th series of stock acquisition rights were incurred. |
| Amount of Impact on Business Performance | ¥349 million in total (non-operating expenses). The breakdown is a ¥325 million loss on the valuation of crypto assets, ¥9 million in interest on bonds, and ¥14 million in share issuance costs and other expenses. |
| Accounting period in which recognized | First quarter of the fiscal year ending March 2027 (1 April 2026 to 30 June 2026) |
| Impact on Earnings Forecast | Reflected in the First Quarter Financial Results Summary for the fiscal year ending March 2027 [Japanese GAAP] (non-consolidated) announced today |
Items this document does not state (17)
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.Because the fair value of the crypto assets held by the Company declined significantly due to fluctuations in market conditions, we recognized a ¥325 million loss on the valuation of crypto assets. We also recognized ¥9 million in interest on the 5th series of straight bonds and ¥14 million in share issuance costs and other expenses related to the 10th series of stock acquisition rights.