Source disclosure: February 12, 2026
Lib Work Co., Ltd. [1431.T]
TOKYO, Feb 12 (Pulse News Wire) – Lib Work CO.,LTD. (1431.T) reported its fiscal 2026 second quarter earnings on February 12, showing results below previous forecasts due to impairment losses related to bitcoin holdings.
For the six-month period ending December 31, 2025, revenue came in at ¥1.92 billion, operating profit was ¥92 million, ordinary profit was negative ¥2 million, and net income attributable to shareholders was negative ¥183 million per share. These figures contrast with earlier projections of ¥1.84 billion in revenue, ¥100 million in operating profit, ¥40 million in ordinary profit, and ¥320 million in net income per share. The discrepancy stems from significant declines in the value of bitcoin acquired according to the company's digital asset strategy announced on August 18, 2025.
Additionally, non-operating items contributed to the lower-than-expected performance. Lib Work emphasized that while sales and operating profits aligned closely withinitial expectations, the unexpected drop in cryptocurrency valuations led to substantial impairments, impacting overall profitability. The company noted that future earnings could still vary based on various factors yet to be determined.
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