Our Views on Posts About the Company on the Yahoo! Finance Message Board
株式会社HODL1 (the Company)
The borrower’s management and funding plans at the time of the loan could not be confirmed, and the actual use of the funds could not be verified; the contractual requirement for the borrower to submit financial statements during the loan period could not be confirmed; because repayment of principal and interest was due in a lump sum at maturity, the borrower’s financial position during the loan period could not be monitored continuously; no collateral, parent-company guarantee or other guarantee had been established; the loan review materials could not be confirmed; and the series of transactions carried out under the former management
Related procedures
Action seeking avoidance of fraudulent acts, etc.
株式会社HODL1 (the Company)
The Company’s former management and 株式会社JNグループ (formerly Nex Group), 株式会社カイカフィナンシャルホールディングス, and others
Approximately ¥3.013 billion
Long-term loans receivable of ¥2.06 billion and an allowance for doubtful accounts of ¥2.06 billion (as of 30 April 2026). Losses related to transactions carried out under the former management were recorded as an extraordinary loss (non-recurring loss) in the fiscal year ended October 2025; the loss amount was Not disclosed.
The fiscal year ended October 2025 (related losses). The long-term loans receivable and allowance for doubtful accounts are described based on their recorded amounts as of 30 April 2026.
¥2.06 billion (the name of the borrower was Not disclosed)
Company response
The final report of the investigation was received from the investigator on 28 January 2026. Going forward, the Company will work with its accounting auditor, Audit and Supervisory Committee and external experts.
The Company will work with its accounting auditor, Audit and Supervisory Committee and external experts to ensure appropriate financial reporting and strengthen corporate governance.
The Company will pursue the necessary legal measures and asset recovery in relation to transactions carried out under the former management. It will assess recoverability conservatively and continue working to ensure appropriate financial reporting and strengthen corporate governance. The Company will also take strict action, including legal measures, against conduct that damages its credibility or reputation.
If any important facts requiring additional disclosure come to light, the Company will promptly publish them by an appropriate method.
| Item | Details |
|---|---|
| Event name | Our Views on Posts About the Company on the Yahoo! Finance Message Board |
| Date of occurrence | 19 June 2026 (date the Company’s views were published) |
| Subject Entity | 株式会社HODL1 (the Company) |
| Cause | The borrower’s management and funding plans at the time of the loan could not be confirmed, and the actual use of the funds could not be verified; the contractual requirement for the borrower to submit financial statements during the loan period could not be confirmed; because repayment of principal and interest was due in a lump sum at maturity, the borrower’s financial position during the loan period could not be monitored continuously; no collateral, parent-company guarantee or other guarantee had been established; the loan review materials could not be confirmed; and the series of transactions carried out under the former management |
| Amount of Impact on Business Performance | Long-term loans receivable of ¥2.06 billion and an allowance for doubtful accounts of ¥2.06 billion (as of 30 April 2026). Losses related to transactions carried out under the former management were recorded as an extraordinary loss (non-recurring loss) in the fiscal year ended October 2025; the loss amount was Not disclosed. |
| Accounting period in which recognized | The fiscal year ended October 2025 (related losses). The long-term loans receivable and allowance for doubtful accounts are described based on their recorded amounts as of 30 April 2026. |
| Type of litigation or proceeding | Action seeking avoidance of fraudulent acts, etc. |
| Plaintiff | 株式会社HODL1 (the Company) |
| Defendant | The Company’s former management and 株式会社JNグループ (formerly Nex Group), 株式会社カイカフィナンシャルホールディングス, and others |
| Date of filing / date of action | Dated 20 October 2025 (date of the notice concerning the filing of the lawsuit) |
| Claim amount / surcharge amount | Approximately ¥3.013 billion |
| Amount of receivables at risk of non-collection or delayed collection | ¥2.06 billion (the name of the borrower was Not disclosed) |
| Investigation structure | The final report of the investigation was received from the investigator on 28 January 2026. Going forward, the Company will work with its accounting auditor, Audit and Supervisory Committee and external experts. |
| Measures to prevent recurrence | The Company will work with its accounting auditor, Audit and Supervisory Committee and external experts to ensure appropriate financial reporting and strengthen corporate governance. |
| Outlook | The Company will pursue the necessary legal measures and asset recovery in relation to transactions carried out under the former management. It will assess recoverability conservatively and continue working to ensure appropriate financial reporting and strengthen corporate governance. The Company will also take strict action, including legal measures, against conduct that damages its credibility or reputation. |
| Planned follow-up disclosure | If any important facts requiring additional disclosure come to light, the Company will promptly publish them by an appropriate method. |
Items this document does not state (9)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To explain the Company’s views and the relevant facts in response to unfounded posts by a specific account on the Yahoo! Finance message board suggesting that the Company had engaged in accounting fraud.