Legal and regulatory risks and crypto-asset outflow risks associated with GameFi services
First written in FY2024. 1 of 2 entries say "Restated". Latest entry: FY2025.
0 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Group plans to develop services such as GameFi, a term combining “Game” and “Finance,” using blockchain technology, crypto assets, and NFTs.」
The risks of GameFi-related regulations, use for money laundering, and crypto-asset outflows are reproduced. - FY2024First statedAnnual report
「The Group seeks to reduce risks by conducting detailed preliminary investigations into accounting, taxation, legal, business and other matters when developing its services. However, if an unforeseen event occurs, legal regulations are introduced through changes in the interpretation of existing laws and regulations or the enactment of new laws and regulations, or the Group's crypto assets are used to finance terrorism or for money laundering, the Group's business may be significantly constrained, potentially affecting its business and performance. The Group also stores crypto assets in wallets. Although it has implemented various security measures, crypto assets stored in the wallets may flow out as a result of unauthorized access or theft of private keys, potentially affecting the Group's business and performance.」
Regulatory risks associated with GameFi, use for money laundering and other purposes, and crypto-asset outflows caused by unauthorized access or theft of private keys are disclosed independently as major risks for the first time.