The document this correction applies to
Timely disclosureWhat was corrected and how
A subsequent correction by the company to the contents of an already published filing.
Notice Regarding the Recording of an Extraordinary Loss in Non-Consolidated Financial Results and Differences in Non-Consolidated Results
Open the original document①Title, ②lead paragraph below the title, ③“1. Differences Between Actual Non-Consolidated Results for the Fiscal Year under Review and Actual Non-Consolidated Results for the Previous Fiscal Year,” ④“2. Reasons for the Differences” (introductory paragraph), ⑤“2. Reasons for the Differences (2) Operating Profit,” ⑥“2. Reasons for the Differences (3) Ordinary Profit,” ⑦“2. Reasons for the Differences (4) Recognition of Extraordinary Losses,” and ⑧“2. Reasons for the Differences (5) Net Loss”
Net Sales ¥3,420 million / Operating profit ¥69 million / Ordinary income ¥940 million / Net income for the current fiscal year ¥3,890 million loss / Earnings per share -¥8.07 / Selling, general and administrative expenses ¥3,205 million / Non-operating income ¥897 million / Non-Operating Expenses ¥27 million / Total extraordinary loss ¥4,806 million / Period-end fair value loss on crypto assets Extraordinary loss “Impairment loss”: ¥4,804 million / Refund interest on corporate taxes ¥208 million
Net Sales ¥3,420 million / Operating profit ¥11 million / Ordinary income ¥4,130 million loss / Net income for the current fiscal year ¥4,164 million loss / Earnings per share -¥8.64 / Selling, general and administrative expenses ¥3,264 million / Non-operating income ¥690 million / Non-Operating Expenses ¥4,831 million / Total extraordinary loss ¥1 million / Period-end fair value loss on crypto assets Non-operating expenses “Other non-operating expenses”: ¥4,804 million / Refund interest on corporate taxes Cancelled
These corrections do not affect the continuity of the Company’s business activities or results, or the financial facts concerning the quantity of crypto assets held (Bitcoin), their period-end fair value, cash and deposits, or other such matters.
During the review of figures for the fiscal year ended March 2026 and discussions with the audit firm, items requiring correction were identified, including a review of the classification of the period-end fair value loss on crypto assets, cancellation of the receivable for corporate tax refunds and the ¥208 million refund interest on corporate taxes, and refinement of other expense items such as selling, general and administrative expenses.
| Item | Details |
|---|---|
| Disclosure subject to correction | Notice Regarding the Recording of an Extraordinary Loss in Non-Consolidated Financial Results and Differences in Non-Consolidated Results |
| Original disclosure date | 15 May 2026 |
| Location of correction | ①Title, ②lead paragraph below the title, ③“1. Differences Between Actual Non-Consolidated Results for the Fiscal Year under Review and Actual Non-Consolidated Results for the Previous Fiscal Year,” ④“2. Reasons for the Differences” (introductory paragraph), ⑤“2. Reasons for the Differences (2) Operating Profit,” ⑥“2. Reasons for the Differences (3) Ordinary Profit,” ⑦“2. Reasons for the Differences (4) Recognition of Extraordinary Losses,” and ⑧“2. Reasons for the Differences (5) Net Loss” |
| Details of correction | Net Sales ¥3,420 million / Operating profit ¥69 million / Ordinary income ¥940 million / Net income for the current fiscal year ¥3,890 million loss / Earnings per share -¥8.07 / Selling, general and administrative expenses ¥3,205 million / Non-operating income ¥897 million / Non-Operating Expenses ¥27 million / Total extraordinary loss ¥4,806 million / Period-end fair value loss on crypto assets Extraordinary loss “Impairment loss”: ¥4,804 million / Refund interest on corporate taxes ¥208 million → Net Sales ¥3,420 million / Operating profit ¥11 million / Ordinary income ¥4,130 million loss / Net income for the current fiscal year ¥4,164 million loss / Earnings per share -¥8.64 / Selling, general and administrative expenses ¥3,264 million / Non-operating income ¥690 million / Non-Operating Expenses ¥4,831 million / Total extraordinary loss ¥1 million / Period-end fair value loss on crypto assets Non-operating expenses “Other non-operating expenses”: ¥4,804 million / Refund interest on corporate taxes Cancelled（Net Sales 10.3%→10.3% / Operating profit －→－ / Ordinary income －→－ / Net income for the current fiscal year －→－） |
| Reason for correction | During the review of figures for the fiscal year ended March 2026 and discussions with the audit firm, items requiring correction were identified, including a review of the classification of the period-end fair value loss on crypto assets, cancellation of the receivable for corporate tax refunds and the ¥208 million refund interest on corporate taxes, and refinement of other expense items such as selling, general and administrative expenses. |
| Impact on Business Performance | These corrections do not affect the continuity of the Company’s business activities or results, or the financial facts concerning the quantity of crypto assets held (Bitcoin), their period-end fair value, cash and deposits, or other such matters. |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Following a review of the non-consolidated financial results for the fiscal year ending March 2026 and discussions with the audit firm, items requiring correction were identified, including the presentation of the crypto asset valuation loss in the income statement, recognition of receivables for corporate tax refunds and other items, and other expense items such as selling, general and administrative expenses.