Japanese company with diversified operations in nickel, real estate, education, and smart DX solutions. Pivoted to a Bitcoin treasury strategy in mid-2025, raising funds through third-party warrant allotments to acquire BTC, with a medium-term target of 1,000 BTC and a planned name change to S Crypto Energy effective April 2026.
| Instrument | Term | Coupon | Principal | Outstanding | BTC Rating |
|---|---|---|---|---|---|
| SSCI-B5 | Sep '25 – Sep '26 | 0% | 1.00B JPY | 755.63M JPY | >10x |
| Total | 755.63M JPY | ||||
177,134,657 issued less 2,590 treasury. Up 1,988,908 shares vs 2026-03-31 from 10th Warrant exercise (795,564 rights @ 2.5 shares each, ¥210,824,248 raised in April).
第10回新株予約権の行使状況(2026年4月30日時点)および発行済株式総数(2026年4月30日時点)に関するお知らせ175,145,749 issued less 2,727 treasury at FY2026 year-end. Issued count unchanged from 2025-12-31 (175,145,749); treasury rose by 187 vs Q3.
2026年3月期 決算短信〔日本基準〕(非連結) (FY2026 Annual Tanshin)Down from ¥775M at 2025-11-28 (latest prior snapshot). FY-end BS shows ¥755,625 thousand outstanding. No separate redemption disclosure identified between Nov 28, 2025 and FY-end; ¥19,375 thousand reduction recorded from tanshin BS.
2026年3月期 決算短信〔日本基準〕(非連結) (FY2026 Annual Tanshin)Up from 141,593,749 at Mar 2025 via 8th warrant exercise
Q3 FY2026 Tanshin (9 months ending Dec 2025)