Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated)
unbanked株式会社 and the Group
Bullion business, non-bank business, and bullion transactions
In the bullion business, weaker demand for gold investment, buyers holding back from purchases following the decline in gold prices, and restrictions on accepting orders due to disruptions in the inter-dealer market caused by sharp fluctuations in gold prices. In the non-bank business, a substantial increase in selling, general and administrative expenses. Material doubt regarding the going concern assumption relates to the failure to collect ¥1.34 billion in trade receivables from bullion transactions in December 2025, significant losses and negative cash flow from operating activities, and the designation as a security under special alert and the risk of delisting.
Net sales of ¥2,311 million, operating loss of ¥310 million, ordinary loss of ¥305 million, and quarterly net loss attributable to owners of the parent of ¥178 million. A ¥14 million penalty for breach of the listing agreement was recorded as an extraordinary loss.
First quarter of the fiscal year ending March 2027 (1 April 2026 to 30 June 2026)
The Company is withholding disclosure of its consolidated earnings forecast. Once a reasonable estimate of its earnings figures becomes possible, it plans to disclose a consolidated earnings outlook (速報値) separately, as appropriate.
¥1.34 billion (trade receivables from bullion transactions)
Related procedures
Designation as a security under special alert (Tokyo Stock Exchange)
Tokyo Stock Exchange, Inc.
Company response
Restrictions on accepting orders in the bullion business
Implement measures to stabilize the Company's management and secure funds for future operations; rebuild the management oversight structure and strengthen the business base in line with the expansion of the Group; fundamentally review and strengthen governance and internal control systems; steadily implement preventive measures against recurrence under the new management structure; and appropriately disclose the progress of these measures.
The Company will work to resolve or improve the situation, seek to rebuild its management oversight structure and strengthen its business base in line with the expansion of the Group, and ensure the Company's recovery. It will proceed with a fundamental review and strengthening of governance and internal control systems and implement preventive measures against recurrence under the new management structure.
Once a reasonable estimate of its earnings figures becomes possible, the Company plans to disclose a consolidated earnings outlook (速報値) separately, as appropriate. It will also appropriately disclose the progress of its preventive measures against recurrence.
| Item | Details |
|---|---|
| Event name | Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated) |
| Date of occurrence | 30 June 2026 (end of the first quarter of the consolidated accounting period) |
| Subject Entity | unbanked株式会社 and the Group |
| Target Locations / Products | Bullion business, non-bank business, and bullion transactions |
| Cause | In the bullion business, weaker demand for gold investment, buyers holding back from purchases following the decline in gold prices, and restrictions on accepting orders due to disruptions in the inter-dealer market caused by sharp fluctuations in gold prices. In the non-bank business, a substantial increase in selling, general and administrative expenses. Material doubt regarding the going concern assumption relates to the failure to collect ¥1.34 billion in trade receivables from bullion transactions in December 2025, significant losses and negative cash flow from operating activities, and the designation as a security under special alert and the risk of delisting. |
| Amount of Impact on Business Performance | Net sales of ¥2,311 million, operating loss of ¥310 million, ordinary loss of ¥305 million, and quarterly net loss attributable to owners of the parent of ¥178 million. A ¥14 million penalty for breach of the listing agreement was recorded as an extraordinary loss. |
| Accounting period in which recognized | First quarter of the fiscal year ending March 2027 (1 April 2026 to 30 June 2026) |
| Impact on Earnings Forecast | The Company is withholding disclosure of its consolidated earnings forecast. Once a reasonable estimate of its earnings figures becomes possible, it plans to disclose a consolidated earnings outlook (速報値) separately, as appropriate. |
| Type of litigation or proceeding | Designation as a security under special alert (Tokyo Stock Exchange) |
| Court or authority | Tokyo Stock Exchange, Inc. |
| Date of filing / date of action | 26 May 2026 (date of designation as a security under special alert) |
| Amount of receivables at risk of non-collection or delayed collection | ¥1.34 billion (trade receivables from bullion transactions) |
| Suspended operations | Restrictions on accepting orders in the bullion business |
| Measures to prevent recurrence | Implement measures to stabilize the Company's management and secure funds for future operations; rebuild the management oversight structure and strengthen the business base in line with the expansion of the Group; fundamentally review and strengthen governance and internal control systems; steadily implement preventive measures against recurrence under the new management structure; and appropriately disclose the progress of these measures. |
| Outlook | The Company will work to resolve or improve the situation, seek to rebuild its management oversight structure and strengthen its business base in line with the expansion of the Group, and ensure the Company's recovery. It will proceed with a fundamental review and strengthening of governance and internal control systems and implement preventive measures against recurrence under the new management structure. |
| Planned follow-up disclosure | Once a reasonable estimate of its earnings figures becomes possible, the Company plans to disclose a consolidated earnings outlook (速報値) separately, as appropriate. It will also appropriately disclose the progress of its preventive measures against recurrence. |
Items this document does not state (9)
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.In the bullion business, sluggish sales resulted from weaker demand for gold investment due to a stronger dollar and higher interest rates, buyers holding back from purchases following the decline in gold prices, and restrictions on accepting orders in response to disruptions in the inter-dealer market caused by sharp fluctuations in gold prices. In the non-bank business, selling, general and administrative expenses increased substantially. Material doubt regarding the going concern assumption relates to the failure to collect ¥1.34 billion in trade receivables from bullion transactions in December 2025, significant losses and negative cash flow from operating activities, and the designation as a security under special alert and the risk of delisting.