Please record an impairment loss of 129 million yen on held Bitcoin, interest expense on long-term borrowings of 178 million yen, and stock issuance costs of 25 million yen. Although these items were already reflected in the initial earnings forecast for December 2025, the impact of the impairment loss will be examined further.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3121","jir_company_name":"Merchant Bankers Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-09-11","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/3121-20260911-03.pdf","jir_short_summary":"Please record an impairment loss of 129 million yen on held Bitcoin, interest expense on long-term borrowings of 178 million yen, and stock issuance costs of 25 million yen. Although these items were already reflected in the initial earnings forecast for December 2025, the impact of the impairment loss will be examined further.","jir_summary":"### Section Heading\nThis notice explains the breakdown of the recorded extraordinary expenses related to the third quarter of the fiscal year ending October 2026, including crypto asset impairment, interest on bank borrowings, and stock issuance costs. The impairment loss is due to a decline in Bitcoin price, and interest expense was disclosed as an item due to the application of disclosure standards compared with the previous year.\n\n### Second Section Heading\nThe direct impact on performance is that interest expense and stock issuance costs have already been incorporated into the performance forecast announced in December 2025, and the impact of crypto asset impairment will be examined in conjunction with other factors and disclosed as soon as it is clarified.","jir_financial_highlights":"Crypto asset impairment: 129 \u767e\u4e07\u5186 (Unknown)\nInterest expense: 178 \u767e\u4e07\u5186 (Decrease from 183 \u767e\u4e07\u5186 YoY)\nCosts related to new shares and stock acquisition rights issuance and disposition of treasury stock: 25 \u767e\u4e07\u5186 (Unknown)","jir_category":"","jir_hashtags":"#Merchant Banks, #Disclosure Information","jir_key_figures":"Crypto asset impairment: 129 \u767e\u4e07\u5186\nInterest expense: 178 \u767e\u4e07\u5186\nStock issuance costs: 25 \u767e\u4e07\u5186","jir_meta_title":"Merchant Bankers: Notice of Recording of Extraordinary Expenses | Q3 2026 (Oct 2026)","jir_meta_description":"Merchant Bankers announces the recording of crypto asset impairment, interest on borrowings, and stock issuance costs in relation to the Q3 2026 earnings. The impact of impairment will be examined further; the incorporation status will be disclosed separately.","jir_og_title":"Merchant Bankers: Notice of Recording of Extraordinary Expenses","jir_og_description":"Disclosure of Bitcoin impairment, borrowing interest, and stock issuance costs. Impact to be examined further.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59567,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-113170","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n