Komori
Revision of earnings forecasts6574Convano Inc.Information and Communications, Services and Others

Notice Regarding the Recording of an Extraordinary Loss in Non-Consolidated Financial Results and Differences in Non-Consolidated Results

Compared with the previous fiscal year, revenue, operating income and ordinary income improved for the fiscal year ending March 2026, while the net loss for the period widened. The main factor was an impairment loss of ¥4,804 million resulting from the mark-to-market valuation of the Bitcoin held by the Company at the fiscal year-end.

Worth reading
62In focus
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
4804
¥ million
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full year
Reason for the revision

Compared with the previous fiscal year, revenue, operating income and ordinary income improved due to new openings in the nail business and improved profitability at existing stores. However, the net loss for the period deteriorated because the Company recorded a ¥4,804 million valuation loss resulting from the mark-to-market valuation of Bitcoin at the fiscal year-end as an impairment loss.

Details and amount of extraordinary loss

Impairment loss on crypto assets: ¥4,804 million; loss on disposal of fixed assets: ¥1 million. Total extraordinary losses: ¥4,806 million.

Previous-period resultsNet Sales ¥3,100 million / Operating profit -¥144 million / Ordinary income -¥140 million / Net income for the current fiscal year -¥147 million / Earnings per share -¥0.34
Consolidated / non-consolidatedNon-consolidated
Revised forecast
ItemDetails
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Previous-period resultsNet Sales ¥3,100 million / Operating profit -¥144 million / Ordinary income -¥140 million / Net income for the current fiscal year -¥147 million / Earnings per share -¥0.34
Reason for the revisionCompared with the previous fiscal year, revenue, operating income and ordinary income improved due to new openings in the nail business and improved profitability at existing stores. However, the net loss for the period deteriorated because the Company recorded a ¥4,804 million valuation loss resulting from the mark-to-market valuation of Bitcoin at the fiscal year-end as an impairment loss.
Details and amount of extraordinary lossImpairment loss on crypto assets: ¥4,804 million; loss on disposal of fixed assets: ¥1 million. Total extraordinary losses: ¥4,806 million.
Consolidated / non-consolidatedNon-consolidated
Items this document does not state (7)
Net SalesOperating profitOrdinary incomeProfit attributable to owners of the parentNet income per sharePublication date of previous forecastDividend forecast revision

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.

Revenue and operating income improved due to new openings in the nail business and improved profitability at existing stores. However, the net loss for the period deteriorated because the Company recorded a ¥4,804 million valuation loss resulting from the mark-to-market valuation of Bitcoin at the fiscal year-end as an extraordinary loss. Ordinary income improved due to non-operating income, including a ¥667 million gain on the sale of crypto assets and ¥208 million in interest on tax refunds.

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.
Notice Regarding the Recording of an Extraordinary Loss in Non-Consolidated Financial Results and Differences in Non-Consolidated Results | Convano Inc. (6574) timely disclosure | Komori