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Share Issuance and Disposal8105Bitcoin Japan CorporationTrading & Wholesale

(Progress on Disclosed Matter) Notice Concerning a Reference Valuation Related to a Fund Investment in the AI Infrastructure Investment Business

The company disclosed the reference valuation, based on the market price as of 30 June 2026, of the fund interests held in its AI infrastructure investment business, calculated based on the corresponding number of SpaceX shares. The company also stated that it plans to disclose reference valuations regularly in the future, using each quarter-end as the valuation date.

Worth reading
23Immaterial
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
27.96
¥100 million (reference valuation)
Wording
Avoiding a definitive answer
How definitive the wording is.

Details of issuance or disposal

Conditions on transfer restrictions

Restricted stock is stock awarded as compensation that cannot be sold during a specified period, with the restrictions lifted once the applicable conditions are met.

Transfer restriction period
Subject to a mandatory lock-up in connection with the listing. The specific restriction period has not been disclosed.
Conditions for lifting transfer restrictions
After the restriction period expires, the SpaceX shares corresponding to the company group’s interest are expected to be delivered to a designated securities account and may thereafter be sold freely.
Impact on Business Performance
The reference valuation will not be immediately reflected in the consolidated income statement until an actual sale or other event requiring accounting recognition occurs.
Details of issuance or disposal
ItemDetails
Transfer restriction periodSubject to a mandatory lock-up in connection with the listing. The specific restriction period has not been disclosed.
Conditions for lifting transfer restrictionsAfter the restriction period expires, the SpaceX shares corresponding to the company group’s interest are expected to be delivered to a designated securities account and may thereafter be sold freely.
Impact on Business PerformanceThe reference valuation will not be immediately reflected in the consolidated income statement until an actual sale or other event requiring accounting recognition occurs.
Items this document does not state (25)
Type of issuance or disposalNumber of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allotteeIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offering

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 deepen shareholders’ and investors’ understanding of the company’s investment assets.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
(Progress on Disclosed Matter) Notice Concerning a Reference Valuation Related to a Fund Investment in the AI Infrastructure Investment Business | Bitcoin Japan Corporation (8105) timely disclosure | Komori