Recognition of a Non-Operating Expense (Loss on Valuation of Crypto Assets) and Revision of the Full-Year Consolidated Earnings Forecast for the Fiscal Year Ending March 2026
株式会社TORICO (the Company)
Crypto assets held (Ethereum)
The policy was changed to measure the assets at fair value at the end of the fiscal year in order to more appropriately reflect the Company's financial position, and crypto-asset prices declined during the fiscal year.
¥254.096 million (non-operating expense and loss on valuation of crypto assets)
The fourth-quarter consolidated accounting period of the fiscal year ending March 2026 (1 April 2025 to 31 March 2026)
The full-year consolidated earnings forecast for the fiscal year ending March 2026 was revised. The revised forecast is consolidated net sales of ¥3.187 billion, a consolidated operating loss of ¥67 million, a consolidated ordinary loss of ¥339 million, a net loss attributable to owners of the parent of ¥375 million, and earnings per share of negative ¥34.66.
The Company has changed its policy to measure assets at fair value at the end of the fiscal year and recognize the resulting valuation gains or losses. Actual results may differ from the forecast figures due to various factors.
| Item | Details |
|---|---|
| Event name | Recognition of a Non-Operating Expense (Loss on Valuation of Crypto Assets) and Revision of the Full-Year Consolidated Earnings Forecast for the Fiscal Year Ending March 2026 |
| Date of occurrence | 31 March 2026 (date of fair value measurement of the crypto assets held) |
| Subject Entity | 株式会社TORICO (the Company) |
| Target Locations / Products | Crypto assets held (Ethereum) |
| Cause | The policy was changed to measure the assets at fair value at the end of the fiscal year in order to more appropriately reflect the Company's financial position, and crypto-asset prices declined during the fiscal year. |
| Amount of Impact on Business Performance | ¥254.096 million (non-operating expense and loss on valuation of crypto assets) |
| Accounting period in which recognized | The fourth-quarter consolidated accounting period of the fiscal year ending March 2026 (1 April 2025 to 31 March 2026) |
| Impact on Earnings Forecast | The full-year consolidated earnings forecast for the fiscal year ending March 2026 was revised. The revised forecast is consolidated net sales of ¥3.187 billion, a consolidated operating loss of ¥67 million, a consolidated ordinary loss of ¥339 million, a net loss attributable to owners of the parent of ¥375 million, and earnings per share of negative ¥34.66. |
| Outlook | The Company has changed its policy to measure assets at fair value at the end of the fiscal year and recognize the resulting valuation gains or losses. Actual results may differ from the forecast figures due to various factors. |
Items this document does not state (16)
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 reasons were the change in policy to measure the assets at fair value at the end of the fiscal year in order to more appropriately reflect the Company's financial position, and the decline in crypto-asset prices during the fiscal year. The improved forecasts for net sales and operating profit reflect the steady performance of the e-commerce service, customer traffic generated by multiple hit events, and strategic control of selling, general and administrative expenses.