Top Page
Metaplanet KK
(3350)
Metaplanet KK (3350) vs. iShares MSCI Japan ETF (EWJ)
Metaplanet KK Business Overview & Revenue Model
Metaplanet KK Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.01B | 438.00M | 1.06B | 261.00M | 366.00M | 518.00M |
| Gross Profit | 2.93B | -64.00M | 996.00M | 211.00M | 185.00M | 341.00M |
| EBITDA | -5.55B | -96.08B | 6.41B | -612.93M | 1.23B | -629.00M |
| Net Income | 10.67B | -95.05B | 4.44B | -683.00M | 977.00M | -737.00M |
Balance Sheet | ||||||
| Total Assets | 238.21B | 505.29B | 30.33B | 1.67B | 5.36B | 13.09B |
| Cash, Cash Equivalents and Short-Term Investments | 1.72B | 2.55B | 294.22M | 553.17M | 207.26M | 414.35M |
| Total Debt | 30.00B | 43.84B | 11.25B | 130.50M | 3.67B | 11.80B |
| Total Liabilities | 37.21B | 46.69B | 13.36B | 514.05M | 4.74B | 13.46B |
| Stockholders Equity | 201.00B | 458.59B | 16.97B | 1.15B | 617.52M | -373.41M |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 6.58B | 607.43M | -709.34M | -613.80M | -943.42M |
| Operating Cash Flow | 0.00 | 6.62B | 623.59M | -571.52M | -296.31M | -529.34M |
| Investing Cash Flow | 0.00 | -554.39B | -23.45B | 2.33B | -285.04M | 534.83M |
| Financing Cash Flow | 0.00 | 544.22B | 22.57B | -1.42B | 397.77M | 199.80M |
Metaplanet KK Technical Analysis
Metaplanet KK Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ¥325.52B | 22.28 | 9.66% | 0.55% | 14.33% | 36.83% | |
70 Outperform | ¥130.43B | 20.09 | ― | 0.70% | 5.15% | 47.13% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
59 Neutral | ¥310.88B | 75.07 | ― | 0.56% | 9.28% | 7.59% | |
53 Neutral | ¥380.11B | 34.66 | ― | 0.24% | 9.19% | 43.90% | |
53 Neutral | ¥206.68B | 72.52 | ― | 0.69% | 10.75% | -14.28% | |
46 Neutral | ¥373.37B | -3.08 | ― | ― | 2025.55% | ― |
Metaplanet KK Corporate Events
Metaplanet Inc. has prepared supplementary material explaining a planned financing that includes issuing common stock and 26th warrants, as well as new at-the-market style 27th warrants with exercise price adjustment and other protective clauses, all via third-party allotments. The document outlines how these financings align with the company’s business strategies and capital plans, while stressing that it is purely informational and not an investment solicitation.
The material emphasizes the significant risks tied to Metaplanet’s Bitcoin-focused treasury strategy, highlighting extreme Bitcoin price volatility and broader market, regulatory, and macroeconomic uncertainties that could materially affect future results. It cautions that forecasts and targets may differ substantially from actual performance, urges investors to conduct their own due diligence, and disclaims any obligation to update the forward-looking information provided.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen389.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. announced that changes in its major shareholders will occur as of March 31, 2026, following the issuance of new common shares via a third-party allotment. The resulting increase in total issued shares will dilute existing holdings and reduce the voting rights ratio of Capital Research and Management Company below 10 percent.
Capital Research and Management Company, currently the largest major shareholder with 10.18 percent of voting rights, is expected to fall to 9.32 percent and will no longer qualify as a major or largest major shareholder. Metaplanet stated that this shift in shareholder structure has no special implications for its outlook, suggesting limited immediate operational impact despite the notable change in ownership concentration.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen371.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. has decided to suspend the exercise of its 23rd and 24th Series Stock Acquisition Rights, totaling up to 210 million underlying shares, which were issued via third-party allotment to EVO FUND in December 2025. The suspension will run from March 24, 2026, to December 8, 2027, and the company has instructed Evolution Japan Securities to halt exercises during this period under the existing purchase agreement.
The suspension coincides with Metaplanet’s decision to issue new 27th Series Stock Acquisition Rights that include multiple price adjustment and suspension features, which are expected to generate a significant volume of new share supply. To mitigate excessive supply-demand pressure in its shares, the company will prioritize the operation and full exercise of the new 27th Series rights before deciding whether to allow resumption of the 23rd and 24th Series exercises, with any future changes to be disclosed promptly.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen371.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. has approved a major capital raise via third-party allotments of 107,368,000 new common shares and 1,073,680 stock acquisition rights, potentially adding over 40 billion yen in equity capital. The new shares will be issued at 380 yen each, while the accompanying 26th series warrants, exercisable between April 2026 and March 2028 at 410 yen per share, could result in an equivalent number of additional shares if fully exercised.
The company is pairing this financing with a separate 27th series of warrants to fund continued large-scale Bitcoin accumulation under its “21 Million” and “555 Million” plans. Management frames the move as a response to shifting global macroeconomic and monetary conditions, positioning Bitcoin as a core reserve asset and deepening Metaplanet’s transformation into a Bitcoin-focused treasury vehicle, with significant implications for shareholder dilution and crypto exposure.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen371.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. has approved the issuance of its 27th series of stock acquisition rights via third-party allotment to EVO FUND of the Cayman Islands, alongside a purchase agreement for those rights, as part of a broader financing scheme. The move is accompanied by a separate overseas third-party allotment of common stock and the 26th series of stock acquisition rights, underscoring the company’s reliance on structured equity financing and potentially diluting existing shareholders while bolstering its funding capacity.
The 27th series comprises 1,000,000 stock acquisition rights, each linked to 100 common shares, representing up to 100 million new shares and a potential fundraising amount of about ¥37.1 billion. The securities feature a dynamically adjusted exercise price, including daily reset mechanisms and a floor price that the board can further lower within set limits, giving Metaplanet flexibility to secure capital under varying market conditions but also embedding significant pricing and dilution risk for current stakeholders.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen371.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet has revised its capital allocation policy to give itself more flexibility in financing and capital management as Bitcoin prices decline and its market multiple hovers around the value of its BTC holdings. The company, which has grown its Bitcoin inventory to 35,102 BTC by February 2026, aims to maximize long-term enterprise and shareholder value by refining how and when it raises capital and returns value.
Under the updated policy, Metaplanet will actively utilize perpetual preferred stock to grow Bitcoin holdings while reducing refinancing risk and will generally avoid issuing common stock when its market value does not exceed the market value of its Bitcoin reserves. It is also keeping rights offerings available as a tool to fund large-scale Bitcoin purchases, prioritizing equal treatment of shareholders and enabling BTC accumulation even in bear markets.
The company plans to execute share buybacks when its valuation falls below the value of its BTC holdings, and may also repurchase shares above that level if it judges the market to be undervaluing its intrinsic worth. These buybacks could be funded from cash, preferred stock proceeds, credit lines, and income from its Bitcoin income-generation operations, with transactions calibrated to market conditions and balance sheet strength.
Metaplanet will continue to rely on a Bitcoin-collateralized credit facility as a supplementary, flexible funding source, while maintaining a conservative stance on leverage with borrowing targeted at below roughly 10% of the net asset value of its Bitcoin. Over time, the company intends to shift its long-term financing mix toward more permanent equity capital, aligning its balance sheet structure with its strategy of long-term Bitcoin holding and treasury management.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen371.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet KK has unveiled an expansion of its shareholder benefits program, unveiling 13 new partner perks organized around the themes of wealth, health, and joy. The new benefits span digital assets, security and custody services, dining, entertainment, travel, and lifestyle comfort, underscoring the firm’s ambition to build one of Japan’s most comprehensive shareholder reward schemes and to tighten its shareholders’ connection to the broader Bitcoin ecosystem.
By focusing on exclusive offerings that appeal to Bitcoin-focused investors, the company aims to enhance everyday life for its shareholders while reinforcing its positioning as a crypto-forward listed entity. The initiative signals Metaplanet’s strategy to differentiate itself in Japan’s capital markets through an expansive, evolving benefits platform designed to reward long-term conviction and foster stronger engagement among its global investor base.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen379.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. has resolved to expand its shareholder benefit program to enhance shareholder returns and deepen engagement, particularly around its Bitcoin-focused strategy. The initiative is designed to make investment in the company’s shares more attractive, encourage medium- to long-term shareholding, and foster a stronger community that understands its business and the broader Bitcoin ecosystem.
The revamped program, effective for shareholders on the register as of June 30, 2026 holding at least 100 shares, introduces tiered benefits based on both shareholding size and holding period. By partnering with 13 new companies to offer exclusive discounts and experiences across digital assets, security, dining, entertainment, travel, and lifestyle, and by adding long-term holding incentives with Silver, Gold, Diamond and Nakamoto tiers, Metaplanet is reinforcing loyalty and supporting its Bitcoin treasury strategy.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen379.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. has approved the creation of a wholly owned U.S. subsidiary, Metaplanet Asset Management Inc., in Miami to launch its asset management and institutional investment operations centered on Bitcoin-related products. The new unit will develop a range of offerings including digital credit instruments, actively managed strategies in equity and credit tied to Bitcoin treasury companies, derivatives-based income products, and index solutions that track this emerging asset class.
By positioning itself as a specialist in Bitcoin capital markets, Metaplanet aims to serve demand across yield, fixed income, and volatility-focused strategies while providing capital markets advisory and regulatory infrastructure services. The company does not expect a material impact on consolidated results for the 2026 fiscal year, suggesting an initial focus on strategic positioning and platform building rather than immediate earnings contribution for shareholders.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen379.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. will establish a wholly owned subsidiary, Metaplanet Ventures K.K., to make strategic investments in Bitcoin-related financial infrastructure, with an expected total investment of about JPY 4 billion over two to three years funded by its Bitcoin income business. The move aims to strengthen Japan’s domestic Bitcoin ecosystem and international competitiveness in digital finance through venture investments, an incubator for early-stage firms, and grants for developers and educators, while keeping Metaplanet’s core strategy of long-term Bitcoin accumulation unchanged and with no material near-term impact on 2026 earnings.
Metaplanet Ventures will invest in areas such as lending, payments and Lightning, stablecoin settlement, derivatives, custody, compliance technology, tokenization, and investment product tooling, focusing primarily on Japan but with a selective global reach. It will also support domestic entrepreneurship by providing capital, distribution access, and potential integration into the Metaplanet group, underlining the company’s intent to ensure Japan has the infrastructure and talent to lead as digital assets become embedded in the global financial system, starting with an initial planned investment in JPYC Inc.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen379.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. has signed a letter of intent to invest up to JPY 400 million in JPYC Inc., issuer of the fully reserved, yen-denominated stablecoin JPYC, as part of JPYC’s Series B round via its soon-to-be-formed subsidiary Metaplanet Ventures K.K. The deal, contingent on due diligence and final agreements, positions Metaplanet early in Japan’s regulated stablecoin market, which it views as critical settlement infrastructure for institutional-scale Bitcoin and digital asset transactions.
The company sees strategic applications in combining Bitcoin-native financial services with digital yen settlement, including tokenized corporate securities, stablecoin-based distributions, Bitcoin lending and collateral products, and integrated wallets supporting both BTC and JPY stablecoins. While the investment is expected to have an immaterial impact on 2026 financial results, it underscores Metaplanet’s ambition to help shape the infrastructure layer of Japan’s digital asset economy and leverage the country’s advanced stablecoin regulatory framework.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen379.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. plans to partially amend its Articles of Incorporation to clarify and limit the liability of its accounting auditor as its operations expand in scale and complexity. The board has approved a proposal for the upcoming March 25, 2026 shareholders’ meeting that would allow directors to exempt the accounting auditor from certain liabilities within legal limits and to enter into liability-limitation agreements, aiming to secure appropriate audits while defining the auditor’s responsibilities more clearly for stakeholders.
If approved, the new provisions will permit the board to resolve exemptions for the current or former accounting auditor from specific liabilities under the Companies Act, provided they acted in good faith and without gross negligence. The amendments would also enable Metaplanet to cap damages arising from the auditor’s negligence at levels prescribed by law, reinforcing its corporate governance framework as it transitions to a structure with three committees and further formalizes its oversight mechanisms.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen308.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. has set the agenda for its 27th Ordinary General Meeting of Shareholders on March 25, 2026, where investors will vote on transitioning the firm to a company with three committees, electing 10 directors, and amending its Articles of Incorporation to limit the liability of its accounting auditor. The move will end the terms of all current directors and statutory auditors, introduce a predominantly independent board, and shift President and Representative Director Simon Gerovich into the role of Director and Representative Executive Officer, signaling a significant governance overhaul aimed at strengthening oversight and aligning with international standards.
Following the transition, the board will consist mainly of independent directors, including several new appointees alongside existing independents, while three current directors and all statutory auditors are scheduled to retire at the close of the meeting. These changes replace the former board of auditors structure with dedicated nomination, audit and compensation committees, potentially enhancing transparency and accountability for shareholders as the company modernizes its governance model.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen308.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. has resolved to shift its governance structure from a company with a Board of Statutory Auditors to a company with three statutory committees—Nomination, Audit and Compensation—subject to shareholder approval at its March 25, 2026 annual general meeting. The move is intended to clarify the separation between supervisory and executive functions, strengthen oversight and establish a more systematic audit framework to enhance corporate governance and long-term corporate value.
To support this transition, Metaplanet plans partial amendments to its Articles of Incorporation, including creating provisions for the new committees and executive officers, deleting clauses related to statutory auditors, and adjusting related terminology. The revisions will also allow the Board of Directors to make more agile decisions on dividends of surplus, with all changes scheduled to take effect at the conclusion of the March 25, 2026 shareholders’ meeting, signaling a more flexible and shareholder-responsive governance model.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen308.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. reported that under its current share repurchase program, authorized by the board in October 2025, it bought back no shares during the period from February 1 to February 28, 2026, resulting in zero yen spent on acquisitions via market purchases on the Tokyo Stock Exchange. Despite this inactivity in February, the company still maintains a sizeable buyback authorization of up to 150 million common shares, or 13.13% of its outstanding stock excluding treasury shares, with a budget of about ¥75 billion through October 28, 2026, signaling ongoing capacity for capital return and potential impact on share liquidity and ownership structure.
As of February 28, 2026, Metaplanet’s total issued shares excluding treasury shares stood at 1,166,776,726, while treasury shares held amounted to 26,614, underscoring that the large repurchase capacity remains largely unused to date. The absence of repurchases in the latest month may indicate a cautious stance on valuation or market conditions, but the still-intact mandate leaves flexibility for future buybacks that could influence earnings per share and shareholder returns.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen308.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. reported that none of the 23rd and 24th series stock acquisition rights allotted to EVO FUND were exercised in February 2026, leaving all 2.1 million rights, corresponding to 210 million potential shares, entirely unexercised. As a result, the company’s share count was unchanged during the month, and no dilution occurred for existing shareholders.
The exercise price ranges for both series remained disclosed but unused, and the overall exercise ratio subject to listing restrictions stayed at effectively zero against Metaplanet’s 1.14 billion listed shares. This indicates that the refinancing-oriented stock acquisition rights program has yet to translate into new equity issuance, preserving current capital structure and signaling that market or counterparty conditions did not favor execution in the latest period.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen308.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. reported a sharp jump in revenue to ¥8.9 billion for fiscal 2025, up 738% year-on-year, and operating profit surged to ¥6.3 billion, yet the company booked a net loss attributable to owners of ¥95.0 billion, driven by large non-operating factors that pushed ordinary profit deep into negative territory. Total assets ballooned to ¥505.3 billion and the equity ratio strengthened to 90.7%, supported by substantial financing cash inflows of ¥544.2 billion that offset heavy investing outflows, while the company maintained a zero-dividend policy on common shares and issued an FY2026 forecast targeting ¥16.0 billion in revenue and ¥11.4 billion in operating profit as it integrates five new consolidated subsidiaries.
Despite the massive bottom-line loss, Metaplanet’s balance sheet expanded dramatically, with net assets rising to ¥458.6 billion and cash flows from operating activities improving to ¥6.6 billion, signaling a scale-up phase backed by fresh capital and aggressive investment. The inclusion of new entities, including Bitcoin Japan Inc., and the decision to disclose only full-year revenue and operating profit guidance for 2026 indicate a strategic focus on longer-term business management and growth, though shareholders face continued suspension of dividend payments as resources are channeled into expansion.
The most recent analyst rating on (JP:3350) stock is a Buy with a Yen446.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. has issued an earnings presentation for fiscal 2025 that emphasizes extensive caution around its forward-looking statements and bitcoin-focused treasury strategy. The company warns that market volatility, regulatory shifts, economic conditions, and other external factors could cause actual results to diverge significantly from its projections and performance targets.
The presentation highlights that bitcoin prices are highly volatile and that the treasury strategy could lead to substantial losses, while also noting the use of non-GAAP metrics such as BTC Yield and BTC NAV that should not be viewed as substitutes for standard financial measures. Metaplanet underscores that some data come from third-party sources and scenario analyses based on assumptions that may not hold, urging investors to perform their own due diligence before making investment decisions.
The most recent analyst rating on (JP:3350) stock is a Buy with a Yen446.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. reported substantial non-operating items for fiscal 2025, including a ¥506 million foreign exchange gain, a ¥102,188 million Bitcoin valuation loss, and a ¥418 million charge for amortization of share issuance costs, alongside a ¥1,503 million deferred income tax benefit linked mainly to Bitcoin valuation movements. The company also disclosed variances versus its January 2026 earnings forecast, with ordinary income improving due to a smaller-than-expected Bitcoin valuation loss, but net and comprehensive losses widening after it reversed ¥21,718 million in deferred tax assets tied to U.S. subsidiaries’ losses, a non-cash adjustment that does not affect liquidity, operating revenue, Bitcoin holdings, or its ongoing Bitcoin treasury strategy.
Metaplanet attributed the reversal of deferred tax assets to the inherent volatility of Bitcoin prices, which creates significant uncertainty around the timing and extent of future taxable income needed to utilize tax-loss carryforwards. Management stressed that while accounting losses remain heavily influenced by short-term market swings in Bitcoin and FX, its Bitcoin Income Generation business continues as planned, underscoring the gap between reported earnings volatility and the company’s underlying operational and strategic posture in the digital asset space.
The most recent analyst rating on (JP:3350) stock is a Buy with a Yen446.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. has completed payment for a previously approved issuance of new shares and its 25th Series Stock Acquisition Rights through a third‑party allotment. The securities were allotted to a syndicate of institutional investors including several master funds and opportunity funds, signaling successful execution of the company’s latest equity financing.
The completion of payment finalizes this capital‑raising step, strengthening Metaplanet’s financial base and potentially enhancing its flexibility for future strategic initiatives. By diversifying its shareholder base with multiple global funds, the company may improve market liquidity in its stock and reinforce its positioning in the capital markets, with implications for existing shareholders and prospective investors alike.
The most recent analyst rating on (JP:3350) stock is a Buy with a Yen446.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. has issued a correction to its previously announced third-party allotment of new shares and 25th Series Stock Acquisition Rights, a fundraising measure approved by its board on January 29, 2026. The revisions relate to the allocation between Brookdale Global Opportunity Fund and Brookdale International Partners, L.P., swapping the number of shares and related stock acquisition rights originally assigned to each.
While the total fundraising framework and overall issuance scale remain unchanged, the corrected disclosure clarifies precisely which Brookdale-managed vehicles will receive specific portions of the equity and rights. This adjustment improves transparency for investors and stakeholders tracking Metaplanet’s capital structure and institutional investor base, but does not alter the fundamental terms of the financing.
The most recent analyst rating on (JP:3350) stock is a Buy with a Yen446.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. has released supplementary materials outlining an offering of common stock and its 25th series of warrants, describing the transaction as part of its broader business strategy and plans while stressing that the document is for informational purposes only and not an invitation to invest. The company underscores that its strategy, particularly its Bitcoin treasury approach, is subject to significant market, regulatory, and macroeconomic risks, and cautions prospective investors about the high volatility of bitcoin prices and other external factors that could materially affect its performance, urging them to conduct their own due diligence before making any investment decisions.
The most recent analyst rating on (JP:3350) stock is a Buy with a Yen486.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. reported that under its current share repurchase program, no shares were bought back during the period from January 1 to January 31, 2026, resulting in zero shares acquired and no funds expended, despite authorization to conduct market purchases on the Tokyo Stock Exchange. The company still retains a sizable buyback mandate running through October 28, 2026, permitting repurchases of up to 150 million common shares, or about 13.13% of outstanding shares excluding treasury stock, for as much as ¥75 billion, a framework that signals continued flexibility in capital allocation and potential future support for shareholder value even though it has not yet been utilized in the latest reported month.
The most recent analyst rating on (JP:3350) stock is a Buy with a Yen486.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. reported that none of the 23rd and 24th series stock acquisition rights allotted to EVO FUND were exercised in January 2026, leaving all 2.1 million rights, corresponding to 210 million potential shares, entirely unexercised. As a result, there was no dilution of existing shareholders during the month, the number of outstanding stock acquisition rights remained unchanged, and the company’s share capital structure and listing rule exercise limits were unaffected for the reporting period.
The most recent analyst rating on (JP:3350) stock is a Buy with a Yen486.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. has drawn down a new US$75 million loan under its existing US$500 million Bitcoin‑backed credit facility, bringing total utilization to US$355 million, with the loan secured by part of its 35,102 BTC holdings and structured as a flexible, daily-renewable facility repayable at the company’s discretion. The company intends to use the funds to accelerate Bitcoin purchases, support its Bitcoin income generation business via collateralized option strategies, and potentially repurchase its own shares, positioning the borrowing as short-term bridge financing to be repaid from proceeds of common shares and stock acquisition rights to be issued on February 13, 2026, while simultaneously revising the planned use of those equity proceeds in response to heightened Bitcoin market volatility and investment opportunities.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen513.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. has approved a sizeable equity financing via a third-party allotment, issuing 24,529,000 new common shares at ¥499 per share for total proceeds of about ¥12.24 billion through an overseas offering. In parallel, the company will issue the 25th series of stock acquisition rights, totaling 159,440 rights that could convert into up to 15,944,000 shares at an exercise price of ¥547, potentially raising an additional ¥8.80 billion if fully exercised. The transactions are governed by stringent conditions in a purchase agreement, including accuracy of representations, compliance with covenants, absence of legal impediments, and necessary regulatory approvals, and any transfer of the warrants will require board approval. Together, the measures significantly expand Metaplanet’s potential share base while bolstering its capital position, which may dilute existing shareholders but strengthens the company’s financial flexibility and reinforces its access to overseas institutional investors.
The most recent analyst rating on (JP:3350) stock is a Buy with a Yen533.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. has set March 25, 2026, at 10 a.m. as the date and time for its 27th Annual General Meeting of Shareholders, to be held at Pia Arena MM in Yokohama, Kanagawa, with detailed agenda items to be announced later. Only shareholders of record as of December 31, 2025, will be eligible to attend, and the company plans to send a formal notice of convocation by mail, underscoring its adherence to standard governance and disclosure practices for listed companies.
The most recent analyst rating on (JP:3350) stock is a Buy with a Yen573.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. has approved a dividend from surplus for its Class B preferred shares, setting a record date of December 31, 2025, and a dividend of ¥0.40 per share, for a total payout of ¥9.44 million effective January 31, 2026, to be funded from other capital surplus. The company is using other capital surplus rather than retained earnings to insulate preferred dividends from quarterly Bitcoin valuation swings mandated by accounting rules, aiming to offer stable, predictable returns to preferred shareholders while continuing to treat Bitcoin as a core long-term asset and maintaining what it describes as sound financial discipline.
The most recent analyst rating on (JP:3350) stock is a Buy with a Yen573.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet has sharply raised its full-year revenue and operating income forecast for the fiscal year ending December 2025, driven by much stronger-than-expected performance in its Bitcoin Income Generation business, where full-year revenue is now projected at ¥8.6 billion versus a prior estimate of ¥6.3 billion. The company attributes this outperformance to a more flexible capital structure, achieved through the issuance of perpetual convertible preferred stock and the establishment of a US$500 million credit facility, which allowed it to expand its allocation to Bitcoin options strategies. At the same time, Metaplanet expects to report a large ordinary and net loss for 2025 due to a non-cash bitcoin impairment charge of ¥104.6 billion, even as its BTC Treasury business continued to grow, with holdings soaring to 35,102 BTC and BTC yield per diluted share increasing 568%, underscoring the firm’s long-term bitcoin accumulation strategy despite short-term accounting volatility.
The most recent analyst rating on (JP:3350) stock is a Buy with a Yen573.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. reported that no shares were delivered and no rights were exercised in December 2025 under its 20th to 22nd series stock acquisition rights, all of which had been issued to EVO FUND in June 2025 with resettable exercise prices and suspension provisions. Following a suspension of exercises from November 28, 2025, the company acquired and cancelled all remaining outstanding rights on December 8, leaving zero unexercised stock acquisition rights at month-end and resulting in no dilution of existing shareholders during the period, in compliance with Tokyo Stock Exchange listing requirements regarding exercise ratios and pricing rules.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen338.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. reported that it conducted no share buybacks in December 2025 under its ongoing share repurchase framework, acquiring zero shares for a total consideration of zero yen via market purchases on the Tokyo Stock Exchange. The company nonetheless maintains a sizable authorization, approved by its board in October 2025, to repurchase up to 150 million shares, or about 13.13% of its outstanding stock excluding treasury shares, for a maximum of ¥75 billion through October 28, 2026, signaling continued flexibility in capital allocation while current treasury holdings remain minimal relative to its 1.14 billion outstanding shares.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen338.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. has completed its latest quarterly Bitcoin accumulation, purchasing 4,279 Bitcoin at an average price of ¥16.33 million per BTC for a total of about ¥69.9 billion, bringing its total holdings to 35,102 Bitcoin with an aggregate acquisition cost of roughly ¥559.7 billion. The company highlighted its proprietary Bitcoin-focused metrics, reporting a quarter-to-date BTC Yield of 11.9% through December 30, 2025, following a series of elevated yields over the previous four quarters, and detailed its methodology for calculating fully diluted share counts and BTC Yield to emphasize that its Bitcoin Treasury Operations are designed to be accretive on a per-share basis and to provide investors with a clearer view of dilution-adjusted Bitcoin exposure and yen-denominated gains.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen338.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet reported that its Bitcoin Income Generation business delivered JPY 4.24 billion in operating revenue in the fourth quarter of fiscal 2025, bringing full-year revenue to JPY 8.58 billion, far surpassing its latest forecast of JPY 6.3 billion and more than six times the revenue level of the prior-year fourth quarter. The business, which recognizes revenue from option premiums, realized gains and losses, and valuation changes on Bitcoin held as current assets, has achieved an estimated compounded quarterly growth rate of about 57% from Q4 2024 to Q4 2025, underscoring rapid expansion in its derivatives-driven income model and its growing role in supporting Metaplanet’s capital structure, including long-term Bitcoin holdings and financing profile, while the company reviews the impact on its consolidated earnings forecast.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen338.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. has completed payment for its previously approved issuance of 23.61 million Class B preferred shares, branded as “MERCURY,” via a third-party allotment to a group of institutional investors, raising total proceeds of ¥21.249 billion at ¥900 per share. The transaction, which equally boosts both capital stock and capital reserve by ¥10.6245 billion and increases the company’s capital stock to ¥258.5 billion before a scheduled reduction to ¥1, strengthens Metaplanet’s capital base and diversifies its shareholder structure with major global funds such as Nautical Funding Ltd. and SMALLCAP World Fund, potentially enhancing its financial flexibility and market presence.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen338.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. has fully redeemed its 19th Series of Ordinary Bonds, repaying the remaining principal of a JPY 30 billion issue originally placed with EVO FUND and scheduled to mature on December 29, 2025. The company had previously carried out a partial early redemption of JPY 750 million and completed the final repayment using funds raised through the issuance of Class B preferred shares via third-party allotment, underscoring its active liability management. As the bonds were non-interest-bearing, the company expects the impact of this redemption on its consolidated financial results for the fiscal year ending December 2025 to be minimal, suggesting limited short-term earnings implications for stakeholders while modestly improving the firm’s capital structure.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen338.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. announced that shareholders at its December 22 extraordinary general meeting approved all proposals, including a drastic reduction of its capital stock to 1 yen and capital reserve to zero, as well as significant amendments to its Articles of Incorporation. The company will substantially increase its total authorized shares to 3.833 billion, expand the authorized amounts of both Class A and Class B shares to 555 million each, revise the rights and provisions attached to these share classes, and proceed with an issuance of Class B shares via third-party allotment, signaling a major restructuring of its capital base and potential repositioning of its shareholder structure.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen338.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.
Metaplanet Inc. has launched a Sponsored Level I American Depositary Receipt (ADR) program with Deutsche Bank Trust Company Americas as depositary and MUFG Bank as custodian in Japan, enabling its shares to trade in the U.S. over-the-counter market in U.S. dollars under the ticker MPJPY on a one-to-one basis with its common shares. The company frames the move as a strategic step to improve accessibility, transparency, and liquidity for U.S. and global institutional investors, aligning its capital markets strategy with international best practices while not issuing new shares or raising capital, thereby offering a more streamlined, compliant framework than the existing unsponsored MTPLF OTC structure and potentially broadening its shareholder base without diluting current investors.
The most recent analyst rating on (JP:3350) stock is a Hold with a Yen338.00 price target. To see the full list of analyst forecasts on Metaplanet KK stock, see the JP:3350 Stock Forecast page.