Disclosure🚨Metaplanet (3350) filed an amendment today to its FY2023 annual securities report. It does not restate results. It corrects how the company described CEO Simon Gerovich’s ties to MMXX Ventures Limited.
Filed: Oct 2, 2026 Document: 有価証券報告書の訂正報告書 (S100Z5LZ) Corrects: 25th fiscal year (Jan 1–Dec 31, 2023), originally filed Mar 27, 2024
What was wrong
The original report said Gerovich held a majority of MMXX’s voting rights. After rechecking, Metaplanet says he does not. MMXX is therefore not a company in which officers or their close relatives hold a majority of voting rights.
What changes
Only related-company status and related-party notes in the consolidated accounts.
Corrected facts:
• After the Feb 8, 2023 third-party allotment, EVO FUND stopped being the parent and became an “other related company.”
• MMXX Ventures Limited became an other related company. At end-2023 it held 23.3% of voting rights and was a major shareholder.
• Gerovich had been a director of MMXX and left that board on Oct 4, 2022.
• MMXX took part in the Feb 8, 2023 allotment at ¥20/share. Related-party amount shown: ¥534.5 million.
Bottom line: a disclosure fix on control and related-party classification, not a restatement of FY2023 earnings.
#Metaplanet #メタプラネット