Results for the fiscal year ending March 2026
株式会社Def consulting (the filing company)
Digital asset treasury business (held Ethereum (ETH)) and consulting business
Recording of accounting valuation losses associated with price fluctuations in the crypto asset market, upfront investments in recruiting personnel and building its internal structure, and financing costs
Crypto asset valuation loss of ¥1,689.863 billion (non-operating expense), ordinary loss of ¥2,151.950 billion, and net loss of ¥2,154.249 billion
Fiscal year ended March 2026 (1 April 2025 to 31 March 2026)
The earnings forecast for the fiscal year ending March 2027 is currently “undecided.” The Company plans to disclose it promptly once a reasonable estimate becomes possible.
Company response
No business suspension has been disclosed. The Company continues to manage its Ethereum holdings.
The Company will continue staking operations for Ethereum and research and assess the use of DeFi protocols, prioritizing safety. In the consulting business, it will strengthen recruitment, training, and on-site support, while also considering M&A and business alliances. The Company plans to disclose its earnings forecast promptly once a reasonable estimate becomes possible.
The Company plans to disclose its earnings forecast and other information promptly once a reasonable estimate becomes possible.
| Item | Details |
|---|---|
| Event name | Results for the fiscal year ending March 2026 |
| Date of occurrence | 31 March 2026 (as of the fiscal year-end) |
| Subject Entity | 株式会社Def consulting (the filing company) |
| Target Locations / Products | Digital asset treasury business (held Ethereum (ETH)) and consulting business |
| Cause | Recording of accounting valuation losses associated with price fluctuations in the crypto asset market, upfront investments in recruiting personnel and building its internal structure, and financing costs |
| Amount of Impact on Business Performance | Crypto asset valuation loss of ¥1,689.863 billion (non-operating expense), ordinary loss of ¥2,151.950 billion, and net loss of ¥2,154.249 billion |
| Accounting period in which recognized | Fiscal year ended March 2026 (1 April 2025 to 31 March 2026) |
| Impact on Earnings Forecast | The earnings forecast for the fiscal year ending March 2027 is currently “undecided.” The Company plans to disclose it promptly once a reasonable estimate becomes possible. |
| Suspended operations | No business suspension has been disclosed. The Company continues to manage its Ethereum holdings. |
| Outlook | The Company will continue staking operations for Ethereum and research and assess the use of DeFi protocols, prioritizing safety. In the consulting business, it will strengthen recruitment, training, and on-site support, while also considering M&A and business alliances. The Company plans to disclose its earnings forecast promptly once a reasonable estimate becomes possible. |
| Planned follow-up disclosure | The Company plans to disclose its earnings forecast and other information promptly once a reasonable estimate becomes possible. |
Items this document does not state (14)
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.The Company recorded accounting valuation losses associated with price fluctuations in the crypto asset market, upfront investments in recruiting personnel and building its internal structure, and financing costs.