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Bit One Group narrows quarterly losses to 112 million yen

Bit One Group reported a net loss of 112 million yen for the first quarter ending May 31, an improvement over the 160 million yen deficit recorded during the same period last year. Despite the smaller bottom-line loss, the company faced a shrinking revenue base and deepened operating challenges.

Bit One Group narrows quarterly losses to 112 million yen

Revenue for the period fell to 56 million yen, down from 76 million yen in 2025. This decline in top-line performance accompanied a wider operating loss of 178 million yen, compared to the 103 million yen loss reported a year earlier. While the company managed to reduce its pretax loss to 112 million yen from 153 million yen, the per-share earnings reflected the ongoing strain, moving to a loss of 2.30 yen from 3.50 yen. These results follow Japanese accounting standards.

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