Decision and Details
Board of DirectorsLoan to a consolidated subsidiary (execution of a loan agreement)
To provide investment funds related to advancing the “on-chain economic zone” initiative, using funds raised through a third-party allotment. The loans will be provided in stages based on market conditions, progress under the investment plan, fund management and risk management considerations.
The loan transaction itself will be eliminated as an intercompany transaction in the consolidated financial statements and therefore will have no direct impact on consolidated results. The Company will make appropriate disclosures depending on future progress.
| Item | Details |
|---|---|
| Matter Covered | Loan to a consolidated subsidiary (execution of a loan agreement) |
| Decision-Making Body | Board of Directors |
| Decision Date | 15 May 2026 |
| Implementation Date | The execution of the agreement was resolved on 15 May 2026. The loans are scheduled to be provided from time to time during the loan period, depending on progress in raising funds and the investment plan. |
| Period Covered | Three years from the date of execution of this agreement |
| Amount | Loan limit: ¥2,857 million; interest rate: 1.5% per annum; borrower's stated capital: ¥250 million |
| Quantity / scale | A loan to the Company's wholly owned consolidated subsidiary. The loan will be provided in stages within the loan limit. |
| Impact on Business Performance | The loan transaction itself will be eliminated as an intercompany transaction in the consolidated financial statements and therefore will have no direct impact on consolidated results. The Company will make appropriate disclosures depending on future progress. |
| Reason | To provide investment funds related to advancing the “on-chain economic zone” initiative, using funds raised through a third-party allotment. The loans will be provided in stages based on market conditions, progress under the investment plan, fund management and risk management considerations. |
| Related previous disclosures | “Notice Regarding the Issuance of New Shares Through a Third-Party Allotment, the 22nd Series of Stock Acquisition Rights with a Clause for Adjustment of the Exercise Price, the 23rd Series of Stock Acquisition Rights with a Clause for Adjustment of the Exercise Price, and the 24th Series of Stock Acquisition Rights,” dated 21 April 2026 |
| Future plans | The loans will be provided from time to time during the loan period, depending on progress in raising funds through the third-party allotment and Allied Verse's investment plan. Any material changes will be disclosed separately. |
Items this document does not state (1)
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 will provide funds to its consolidated subsidiary, using funds raised through a third-party allotment, to advance its “on-chain economic zone” initiative. In light of the volatility of digital asset markets, investment opportunities and the phased nature of fund inflows, the Company will provide the loans in stages from the perspectives of fund management and risk management.