tiprankstipranks
Advertisement
Advertisement

Ateam Subsidiary Paddle Books ¥387 Million Crypto Valuation Loss

Story Highlights
  • Ateam’s subsidiary Paddle recorded a ¥387 million non-operating loss from crypto asset price declines.
  • The loss is reflected in mid-year results, but Ateam is keeping its full-year earnings forecast unchanged for now.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ateam Subsidiary Paddle Books ¥387 Million Crypto Valuation Loss

Claim 55% Off TipRanks

Ateam Inc. ( (JP:3662) ) just unveiled an update.

Ateam Holdings has disclosed that its consolidated subsidiary, Paddle Inc., incurred a non-operating loss in the second quarter of the fiscal year ended July 31, 2026 due to crypto asset price declines. The loss stems from a 387 million yen valuation hit on crypto assets held by Paddle following a broad market downturn between late October 2025 and late January 2026.

This non-operating loss has already been incorporated into Ateam’s consolidated financial results for the six months ended January 31, 2026 under Japan GAAP. The company is maintaining its existing full-year earnings forecast for now, highlighting uncertainty around future crypto asset price movements and signaling that forecast revisions will be made only if market conditions materially alter performance expectations.

The most recent analyst rating on (JP:3662) stock is a Buy with a Yen1092.00 price target. To see the full list of analyst forecasts on Ateam Inc. stock, see the JP:3662 Stock Forecast page.

More about Ateam Inc.

Ateam Holdings Co., Ltd., listed on the Tokyo Stock Exchange under code 3662, operates as a diversified digital services group and oversees multiple consolidated subsidiaries. Through units such as Paddle Inc., it participates in technology-driven businesses, including areas exposed to crypto asset markets, positioning the group within Japan’s broader digital and online services industry.

Average Trading Volume: 120,889

Technical Sentiment Signal: Sell

Current Market Cap: Yen17.57B

Find detailed analytics on 3662 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1