Metaplanet Lowers Fiscal Year 2026 Earnings Forecast, Revenue Expected to Cut by 59.4% According to an official announcement from Metaplanet, the company's board of directors has decided to lower its consolidated earnings forecast for the fiscal year ending December 31, 2026: revenue is expected to decrease from ¥16 billion to ¥6.5 billion, a drop of 59.4%; operating profit is expected to decrease from ¥11.4 billion to ¥3 billion, a drop of 73.7%. The company stated that due to mNAV remaining below 1.0 times, it did not raise funds through a new share issuance as originally planned, and the scale of Bitcoin purchases and Bitcoin Income business fell short of expectations. The proceeds from the ¥52 billion convertible bond issuance in October will be prioritized for share buybacks. Management expenses and goodwill amortization arising from the consolidation of Metaplanet Securities will also increase expenses. The company stated that its Bitcoin-centric financial strategy remains unchanged.