Convano Inc.
6574🇯🇵Leveraged
Japanese nail salon chain operating under the FASTNAIL brand. Adopted a Bitcoin treasury strategy in July 2025, issuing four zero-coupon ordinary bonds to Dimensional Inc. totaling ~5.2B JPY to fund BTC purchases. Abandoned the original 21,000 BTC target in November 2025; all bonds now repaid.
BTC Holdings
807.38 BTC
Insufficient history
Stock PriceUpdated 1d ago
102.00 JPY▲ 0.99%
180d
Total financing
2.50B JPY
180d
mNAV
5.50x▲ 1.11%
180d
Leverage
0.0%
180d
BTC Risk
0.00%>10x
Sats/Share
159
180d
Mkt cap
51.93B JPY
Shares
509.16M
Fiat reserve
4.88B JPY
Total reserve
14.33B JPY
Dilution
0.0%
Analytics
BTC Coverage
FinancialsUnverified
IFRSAnnualAs of 2026-03-31
Balance Sheet
Total Assets¥18.9B▲498.7%
Total Liabilities¥7.9B▲458.9%
Stockholders' Equity¥11B▲531.2%
Cash & Equivalents¥4.9B▲505.5%
Total Debt¥2.1B▲196.9%
Digital Assets¥8.8B
Income Statement
Revenue¥15.5B▲378.3%
Operating Income¥1.8B▲1229.8%
Net Income¥-950.8M▼1319.0%
Interest Expense¥10.7M▲53.1%
Cash Flow
Operating Cash Flow¥4.9B▲2875.5%
Instruments
| Instrument | Term | Coupon | Principal | Outstanding | BTC Rating |
|---|---|---|---|---|---|
| CNVO-B05 | Sep '25 – Nov '38 | 0% | 20.00B JPY | 2.50B JPY | >10x |
| Total | 2.50B JPY | ||||
Recent Changes
Tue, Mar 31, 2026
BTC Holdings
762.678→807.38+44.702 BTC(+5.9%)
Primary-source FY-end BTC count (IFRS revaluation model, board-approved). Carrying value ¥8,767M at ¥10,850,000/BTC closing price (SBI VC Trade reference). Crosses prior tracker reading 763 BTC at 2026-05-14 → primary-source upgrade.
業績予想と実績値との差異に関するお知らせ (FY2026)Fiat Reserve
3.45B→4.88B+1.43B(+41.5%)JPY
Cash & cash equivalents up +¥4,074M from prior year-end on net warrant-exercise proceeds (¥10.4B equity raise).
決算短信 (FY2026 Earnings Release, IFRS Consolidated)Wed, Dec 31, 2025
Shares Outstanding
4.3M→509.2M+504.8M(+11645.3%)
Issued including 220,100 treasury shares; matches 2026-03-16 kabutan value with primary-source backing.
決算短信 (Q3 FY2026/3 Earnings Release)Debt OutstandingMaturityCNVO-B04
680.0M→0-680.0M(-100.0%)
Notice of 4th Ordinary Bond Issuance
Debt OutstandingIssuanceCNVO-B05
0→2.50B+2.50B
Total 社債 on Q3 BS; includes ~¥680M bond 4 maturity payment pending
決算短信 (Q3 FY2026/3 Earnings Release)Fiat Reserve
806.2M→3.45B+2.64B(+328.0%)JPY
決算短信 (Q3 FY2026/3 Earnings Release)