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Media Kobo (3815) · InitiativeFirst stated

Consideration of entering Web3.0 and decision not to acquire NFTs

First written in FY2022. . Latest entry: FY2022.

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Foregoing NFT acquisition in connection with Web3 entryA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. FY2022First statedAnnual report

    「The company has determined that active involvement in Web3.0 is necessary for the future growth of its businesses and expansion of earnings. It will continue to closely monitor market and regulatory developments and intends to seek entry at an appropriate time.」

    Although the company resolved to acquire NFTs for blockchain games, it had deferred the acquisition as of the filing date in light of the sharp decline in stablecoin prices, declining investor confidence and the lack of established accounting standards. At the same time, it indicated its intention to enter Web3.0 in the future.
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Consideration of entering Web3.0 and decision not to acquire NFTs | Media Kobo,Inc. (3815) | Komori