Convano Adjusts Full-Year Financial Forecast for the Year Ending March 2026

Convano Inc., headquartered in Shibuya, Tokyo and led by CEO Ayaka Kamiyoshi (stock code: 6574), has announced a revised financial forecast for the fiscal year ending March 2026 during its board meeting today. The adjustments made signify a positive trajectory in the company's financial performance, with key updates regarding revenue expectations.

Revised Full-Year Financial Forecast for FY March 2026

- The company has enacted a stock split on 2nd August and 1st September 2025, converting every share of common stock into ten via a 10-for-1 stock split. The calculation of basic earnings per share assumes that the stock split occurs at the beginning of the preceding consolidated fiscal year.

Reasons for the Upgrade

- Exceptional Revenue in Investment & Advisory: The company reported unexpected gains in its Investment & Advisory business due to favorable BTC market conditions from September to October. The robust performance went above prior expectations.
- Gamma Scalping and Options Trading: Utilizing a delta-neutral strategy for operation, Convano has amplified its earnings through gamma scalping and options trading, which greatly contributed to the financial growth.
- Increased Market Volatility: Heightened volatility in the market fostered an increase in options premiums, leading to stabilization in revenues through adequate exploitation of time value (Theta).
- These elements collectively resulted in revenues and profits from the Investment & Advisory business significantly surpassing initial estimates, providing a solid boost to the overall consolidated performance for the fiscal year.

Future Outlook

- Convano is targeting sales revenue of 23.7 billion yen and operating profits of 9.5 billion yen for the fiscal year ending March 2027, under its mid-term management plan dubbed "Supplement Code 2029." Progress has been made accordingly in line with the plan.
- The company is enhancing its international execution framework, focusing on expanding BTC options trading and proprietary trading through a wholly-owned subsidiary to be established in the Virgin Islands.
- Continued efforts will be made to promote a capital circulation model: investing capital → revenue generation → reinvestment → expand investment capacity → increase revenue opportunities, steadily improving capital efficiency.

It is noteworthy that the newly announced business ventures are not factored into this forecast:

- AI Data Center Business (Public announcement on July 31, 2025)
- Green Bitcoin Mining Business (Public announcement on August 6, 2025)
- Development of a fiat-currency pegged stablecoin (Public announcement on August 27, 2025)
- Partnership with METABIOMED Co., Ltd. (Public announcement on August 27, 2025): Sales from existing thread lift materials have been incorporated, while sales from next-generation materials are not accounted for yet.
- AI Marketing and Data Analysis services (Public announcement on September 5, 2025)
- Establishment of Overseas Subsidiaries (Public announcement on September 22, 2025)
- Bitcoin Mining Business (Public announcement on October 1, 2025)
- RWA Business utilizing yen-denominated stablecoins (JPYC) (Public announcement on October 2, 2025)
- Inventory management support for healthcare institutions (a new project by a subsidiary) (Public announcement on October 3, 2025)

The company plans to swiftly disclose information in real-time should operational impacts suggest a necessity.

Revenue and Operating Profit Estimates

(Note) Figures are rounded to the nearest million yen.

Forecast for Q1 and Q2 - Q4 FY 2026

As outlined in the following tables, performance and estimates for the first quarter of FY 2026 and consolidated figures for Q2 to Q4 are subject to uncertainty and will be reviewed and updated promptly should there be significant changes in the underlying assumptions.

Disclaimer

The forecasts mentioned in this release are based on the information available at present and on assumptions deemed reasonable. Actual performance may differ considerably from the figures outlined, influenced by market conditions, BTC prices, exchange rates, regulations, and more.

About Convano

Convano Inc. operates a nail service chain under the Fastnail brand, with a mission to 'create new value and expand opportunities.' Utilizing expertise in digital marketing and AI system development, the company explores ventures in the beauty and lifestyle sectors. Convano aims to firmly establish itself as a next-generation platformer originating from Japan through a significant entry into the WEB3 infrastructure space.