Convano Reports Significant Profit Turnaround and Record Sales for Q2 FY2026

Convano's Financial Breakthrough in Q2 FY2026

Convano, Inc., located in Shibuya, Tokyo, has announced a remarkable financial performance for the second quarter of the fiscal year ending March 2026. The company reported significant increases in both sales and operating profit, highlighting a successful turnaround from previous fiscal challenges.

Financial Summary

In the recent financial update, Convano reported a total revenue of ¥3.854 billion for the six-month period from April 1, 2025, to September 30, 2025. This marks an impressive year-over-year increase of 154.7% compared to the same period last year, where sales were only ¥1.513 billion.

Operating profit for the first half of FY2026 showed a tremendous recovery, jumping from a loss of ¥116 million in the previous year to a profit of ¥1.842 billion. Similarly, ordinary profit saw a similar trend, moving from negative territory to ¥1.262 billion this year. These results spotlight the pivotal changes within Convano’s corporate structure as its subsidiary companies grow and enhance profitability.

Adjustments to Annual Forecasts

Convano has also revised its annual forecast significantly upward, witnessing growth that exceeds initial expectations. The revised estimates are as follows:

- Revenue: Projected to increase from ¥3.241 billion to ¥12.370 billion.
- Operating Profit: Expected to soar from ¥135 million to ¥6.535 billion, marking an incredible increase of 4740.7% compared to the last fiscal year.

Key Growth Areas

Nail Salon Business

Convano’s nail salon franchise, FAST NAIL, continues to lead the domestic market, recently expanding its presence from 62 stores in 2025 to 75 stores as of October 2025. This rapid growth is in line with their strategy to become the number one brand in the industry.

Healthcare Division

In addition, the healthcare division is seeing significant developments. Convano entered strategic partnerships with LG Chem Ltd., focusing on acquiring PMDA approval for medical-grade hyaluronic acid formulations in Japan. Additionally, they collaborated with HM Solution Co., Ltd. for the joint development of a nose-lifting thread called T-Mesh.

Moreover, through a partnership with Smart Mat Co., Ltd., the company aims to enhance supply chain efficiency by introducing automated inventory management systems to optimize operations.

Bitcoin Holdings Strategy

Convano has established the Bitcoin Holdings Strategy Room, which is tasked with making decisions regarding new ventures related to cryptocurrency. The department not only utilizes ordinary trading strategies but also employs options trading strategies to stabilize cash flow irrespective of market patterns.

The Delta Neutral strategy has been particularly successful, minimizing risks associated with price fluctuations and ensuring stable returns. This innovative approach, along with a surge in market volatility between September and October, contributed significantly to enhancing the company's earnings.

As of the end of October, Convano holds 665 BTC, with a market value of approximately ¥11.174 billion, showcasing a substantial increase from 164 BTC in August. This achievement positions them as the fifth-largest Bitcoin holding company within Japan.

Initiatives for Shareholder Value

Convano is dedicated to boosting shareholder value through its equity incentive program, which includes giving out Bitcoin and FAST NAIL discount vouchers to shareholders holding over 1,000 shares. Additionally, they announced a stock buyback plan, intending to repurchase ¥200 million worth of shares by January 31, 2026, as a strategy to reflect the true value of the company in the stock market.

For more detailed information regarding Convano’s second quarter financials, please refer to the official investor documents through the links below:

About Convano Inc.

Convano Inc. operates the FAST NAIL brand, providing nail services across Japan, grounded on the principle of creating new value and expanding opportunities. Utilizing expertise in digital marketing and AI system development, it aims to broaden its business scope within the beauty and lifestyle sectors while also making strides in the WEB3 infrastructure field, positioning itself as a next-generation platform leader originating from Japan.

The company engages in various business activities, including managing franchise operations, product development, and new business system innovations. To learn more, visit their corporate website.