Under the mid-to-long-term strategy “Project Nova,” centered on building a Bitcoin-based financial platform, Metaplanet Inc. has decided to issue convertible bonds with stock acquisition rights. Proceeds will be allocated to repayment of borrowings and share buybacks, and a maximum share buyback program of 28.3 hundred million yen has been established. The company aims to expand access to global capital markets, including investments and M&A in a related company listed on NASDAQ in the U.S.<\/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,"price_fetched_at":"","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":"3350","jir_company_name":"Metaplanet Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-13","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/3350-20261013-01.pdf","jir_short_summary":"Under the mid-to-long-term strategy \"Project Nova,\" centered on building a Bitcoin-based financial platform, Metaplanet Inc. has decided to issue convertible bonds with stock acquisition rights. Proceeds will be allocated to repayment of borrowings and share buybacks, and a maximum share buyback program of 28.3 hundred million yen has been established. The company aims to expand access to global capital markets, including investments and M&A in a related company listed on NASDAQ in the U.S.","jir_summary":"### Key Points of Strategy and Fundraising\nThis IR is a systematic disclosure of capital policy to advance the mid-to-long-term strategy as a Bitcoin treasury company. By issuing convertible bonds with stock acquisition rights, Metaplanet Inc. will raise approx. 51.9 hundred million yen, allocating 23.6 hundred million yen to repayment of borrowings and up to 28.3 hundred million yen to share buybacks. Measures include setting conversion prices and managing dilution considering stock splits\/consolidations, executing share buybacks using ToSTNeT-3, and pursuing stable income through a net interest income strategy, all aimed at stabilizing the financial base and restoring agility.\n\n### Outlook and Impact on Shareholders\nBy pursuing a global strategy that includes M&A and expanded access to the U.S. market, the company seeks to balance Bitcoin holdings with financial stability and pursue long-term growth opportunities. However, issuance of zero-coupon bonds will increase liabilities and conversion may cause dilution risk; therefore, the company plans to design conversion terms carefully and implement demand-supply stabilization measures through share buybacks to mitigate shareholder value dilution.","jir_financial_highlights":"Total net proceeds: approx. 51.9 hundred million yen (Through new issuance)\nShare buyback authorization: maximum 28.3 hundred million yen (Newly established)\nTarget Bitcoin holding ratio: 85%\u201390% (Redefined)","jir_category":"","jir_hashtags":"#Metaplanet, #ConvertibleBondWithWarrants, #CapitalPolicy, #ShareBuyback, #BitcoinFinance","jir_key_figures":"Net proceeds approx. 51.9 hundred million yen (total amount of convertible bonds with stock acquisition rights)\nShare buyback authorization up to 28.3 hundred million yen\nRevised capital policy to hold 85%\u201390% of total assets in Bitcoin","jir_meta_title":"Metaplanet Inc. - Overview of Convertible Bond with Stock Acquisition Rights and Capital Policy\uff5cOctober 2026","jir_meta_description":"Metaplanet Inc. discloses a strategy centered on building a Bitcoin-based financial platform. Plans include issuance of convertible bonds with stock acquisition rights, repayment of borrowings and share buybacks, redesign of capital policy, and strengthened M&A and U.S. market access to stabilize the financial base and expand growth opportunities.","jir_og_title":"Metaplanet Inc. - Overview of Convertible Bond with Stock Acquisition Rights and Capital Policy\uff5cOctober 2026","jir_og_description":"Metaplanet Inc., promoting a Bitcoin treasury strategy, will issue convertible bonds with stock acquisition rights. The company plans repayment of borrowings and share buybacks and will redefine its capital policy while exploring expanded access to U.S. markets.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7876,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-129987","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n