Suspension of Withdrawals from the Company's Bank Accounts and Temporary Suspension of Operations
unbanked株式会社 (the filing company)
Bullion business (purchases, sales and other activities), and the Company's main bank accounts
The banks suspended withdrawals at their own discretion after receiving a request from the attorney representing former Representative Director Hu Yan (胡燕). The request was based on Hu's application for a provisional disposition order seeking suspension of the execution of duties by the current Representative Director.
Related procedures
Application for a provisional disposition order seeking suspension of the execution of duties by the current Representative Director
Tokyo District Court
Hu Yan (胡燕) (applicant for the provisional disposition order)
Not disclosed
Company response
Temporarily suspended transactions in the bullion business, including purchases and sales
Scheduled to resume in October 2026
At this time, no significant impact is expected on cash management for salary payments and other purposes or on the operation of our other businesses. If any matter requiring disclosure arises concerning the impact on results, we will promptly disclose it.
We will work with our legal counsel to discuss the matter with the banks and negotiate the lifting of the withdrawal suspension, and will promptly request that the Tokyo District Court issue a decision. We expect a decision on the provisional disposition to be issued and the withdrawal suspension to be lifted by the end of September 2026 at the latest. We plan to resume the bullion business in October 2026.
If any matter requiring disclosure arises concerning the impact on results, we will promptly disclose it.
| Item | Details |
|---|---|
| Event name | Suspension of Withdrawals from the Company's Bank Accounts and Temporary Suspension of Operations |
| Date of occurrence | 20 August 2026 (the date on which withdrawals from the Company's bank accounts were suspended and the bullion business was temporarily suspended) |
| Subject Entity | unbanked株式会社 (the filing company) |
| Target Locations / Products | Bullion business (purchases, sales and other activities), and the Company's main bank accounts |
| Cause | The banks suspended withdrawals at their own discretion after receiving a request from the attorney representing former Representative Director Hu Yan (胡燕). The request was based on Hu's application for a provisional disposition order seeking suspension of the execution of duties by the current Representative Director. |
| Impact on Earnings Forecast | At this time, no significant impact is expected on cash management for salary payments and other purposes or on the operation of our other businesses. If any matter requiring disclosure arises concerning the impact on results, we will promptly disclose it. |
| Type of litigation or proceeding | Application for a provisional disposition order seeking suspension of the execution of duties by the current Representative Director |
| Court or authority | Tokyo District Court |
| Plaintiff | Hu Yan (胡燕) (applicant for the provisional disposition order) |
| Date of filing / date of action | 7 August 2026 (the date of the application for the provisional disposition order) |
| Suspended operations | Temporarily suspended transactions in the bullion business, including purchases and sales |
| Scheduled resumption date | Scheduled to resume in October 2026 |
| Outlook | We will work with our legal counsel to discuss the matter with the banks and negotiate the lifting of the withdrawal suspension, and will promptly request that the Tokyo District Court issue a decision. We expect a decision on the provisional disposition to be issued and the withdrawal suspension to be lifted by the end of September 2026 at the latest. We plan to resume the bullion business in October 2026. |
| Planned follow-up disclosure | If any matter requiring disclosure arises concerning the impact on results, we will promptly disclose it. |
Items this document does not state (11)
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's banks received a request from the attorney representing former Representative Director Hu Yan (胡燕), based on her application for a provisional disposition order seeking suspension of the execution of duties by the current Representative Director. The banks then suspended withdrawals at their own discretion.