June 6, 2025
Company Name: Ateam Holdings Co., Ltd. Representative: Takao Hayashi, President (Code Number: 3662)
Contact: Mayuko Morishita, Corporate Officer, General Manager of Corporate Development Division (Tel: +81-52-747-5573)
Notice Regarding Upward Revision of Full-Year Forecast and Non-Operating Loss of Consolidated Subsidiary
Ateam Holdings Co., Ltd. (hereafter "Ateam HD") announces that, at the meeting of the Board of Directors held on June 6, 2025, it has decided to revise the consolidated financial forecast for the fiscal year ending July 31, 2025 disclosed on April 10, 2025. The details are as follows. We also announce that our consolidated subsidiary, Paddle Inc. (hereafter "Paddle") has recorded the following non-operating loss in the third quarter of the fiscal year ending July 31, 2025.
Revised Financial Forecast
Revised Financial Forecast for the Fiscal Year Ending July 31, 2025 (August 1, 2024 - July 31, 2025)
Revenue (million JPY)
EBITDA
(million JPY)
Operating Income (million JPY)
Ordinary Income (million JPY)
Net Income Attributable to Shareholders of Parent Company (million JPY)
Net Income per Share (JPY)
Previous Financial Forecast (A)
25,000
1,250
1,000
1,000
1,000
53.88
Revised Financial Forecast (B)
25,000
1,250
1,000
1,300
1,000
53.88
Difference from the Previous Financial Forecast (B-A)
0
0
0
300
0
0.00
Difference in Percentage (%)
0.0%
0.0%
0.0%
30.0%
0.0%
0.0%
(Ref.) Results for the Fiscal Year Ended July 31, 2024
23,917
711
562
609
953
51.36
(Note) The above forward-looking statements and forecasts are based on information available as of the date of this disclosure. Actual performance may differ due to various factors.
Reason for Revision
Ordinary income has been revised as it exceeds the previous forecast in light of profit progress in each business due to the success of business operations that prioritize securing profits and trends in the market price of crypto assets. Due to the upward trend in crypto asset prices after November 1, 2024, the date of the business combination of Paddle Inc., Paddle expects to record a gain on valuation of crypto assets as non-operating income. On the other hand, although the profits of each business segment have remained steady, the "provision for sales promotion expenses" related to the crypto asset related business has been recorded as an operating expense, and considering both factors, the impact on operating income is minimal. Therefore, the previous forecast for operating income will remain unchanged. These forecasts are subject to change due to future business and market conditions, the market price of crypto assets, and other factors.
Since the impact of the trends on revenue, EBITDA, and net income attributable to shareholders of parent company is expected to be negligible, we have not revised those forecast figures as with operating income.
Details of Non-Operating Loss
Due to the decrease of crypto assets prices in the market from the end of January 2025 to the end of April 2025, Paddle recorded a loss of 256 million JPY on the valuation of crypto assets it holds.
The above non-operating loss is reflected in the "Consolidated Financial Results for the Nine Months Ended January 31, 2025 (Japan GAAP)" released today and in the full-year consolidated earnings forecast.