Revision to the consolidated earnings forecast for the fiscal year ending August 2026, withdrawal from the cryptocurrency dealing business, and transfer of shares in a consolidated subsidiary
abc株式会社 (filing company); consolidated subsidiary ネクスト・セキュリティ株式会社
Cryptocurrency dealing business (investment in, holding, management, investigation, and research of cryptocurrencies); sales of cyber-security solutions, consulting, and other services by ネクスト・セキュリティ株式会社
As a result of comprehensively considering the valuation and accounting treatment of cryptocurrencies, the future business outlook, the risk management framework, and costs related to maintaining and strengthening the internal control framework
The impact on current consolidated results from the withdrawal from the cryptocurrency dealing business is currently under review. The impact on consolidated profit or loss from the transfer of shares in ネクスト・セキュリティ株式会社 is currently under review.
Fiscal year ending August 2026 (current consolidated fiscal year)
Revision from the most recently announced earnings forecast: Yes. Full-year net sales of ¥2,222 million and an operating loss of ¥2,143 million. Ordinary profit, net profit attributable to owners of the parent, and net income per share are undetermined and will be disclosed promptly once the figures can be calculated.
Company response
New investments and new transactions in the cryptocurrency dealing business have been suspended. The company plans to withdraw completely from cryptocurrency dealing (management) activities involving price volatility risk.
On 8 May 2026, the company received a resignation notice from プログレス監査法人 and began selecting candidates for a successor temporary accounting auditor. Final discussions with candidate successor audit firms are ongoing. 東京フィナンシャル・アドバイザーズ株式会社 has been engaged to calculate the share exchange ratio.
(1) Withdrawal from businesses with high business risk and concentration of management resources; (2) stabilization of the financial base through refinancing; (3) overhaul of the administrative division structure and establishment of an appropriate audit environment
Change in voting rights ownership ratio
The voting rights ownership percentage is the proportion of the voting rights exercisable at a shareholders' meeting held by the shareholder.
ネクスト・セキュリティ株式会社: 29,400 shares, voting rights ownership ratio of 49.0%
ネクスト・セキュリティ株式会社: 0 shares, voting rights ownership ratio of 0.0%
The company will dispose of its holdings of cryptocurrencies and related assets, including through successive sales, taking market conditions and other factors into account. Management resources will be concentrated on the development of cryptocurrency-related products, technology and development support, and Web3 consulting. The final agreement with ネクスト・セキュリティ株式会社 is scheduled to be executed in mid-July 2026, and the share transfer is scheduled to be completed in late July 2026. The company will proceed with the early appointment of a successor accounting auditor and the normalization of its audit framework.
The earnings forecast figures will be disclosed promptly once they can be calculated. Any further changes to the earnings forecast will also be disclosed promptly.
| Item | Details |
|---|---|
| Event name | Revision to the consolidated earnings forecast for the fiscal year ending August 2026, withdrawal from the cryptocurrency dealing business, and transfer of shares in a consolidated subsidiary |
| Date of occurrence | 6 July 2026 (resolution to withdraw from the cryptocurrency dealing business); 1 July 2026 (execution of a memorandum of basic agreement concerning the transfer of shares in ネクスト・セキュリティ株式会社) |
| Subject Entity | abc株式会社 (filing company); consolidated subsidiary ネクスト・セキュリティ株式会社 |
| Target Locations / Products | Cryptocurrency dealing business (investment in, holding, management, investigation, and research of cryptocurrencies); sales of cyber-security solutions, consulting, and other services by ネクスト・セキュリティ株式会社 |
| Cause | As a result of comprehensively considering the valuation and accounting treatment of cryptocurrencies, the future business outlook, the risk management framework, and costs related to maintaining and strengthening the internal control framework |
| Amount of Impact on Business Performance | The impact on current consolidated results from the withdrawal from the cryptocurrency dealing business is currently under review. The impact on consolidated profit or loss from the transfer of shares in ネクスト・セキュリティ株式会社 is currently under review. |
| Accounting period in which recognized | Fiscal year ending August 2026 (current consolidated fiscal year) |
| Impact on Earnings Forecast | Revision from the most recently announced earnings forecast: Yes. Full-year net sales of ¥2,222 million and an operating loss of ¥2,143 million. Ordinary profit, net profit attributable to owners of the parent, and net income per share are undetermined and will be disclosed promptly once the figures can be calculated. |
| Suspended operations | New investments and new transactions in the cryptocurrency dealing business have been suspended. The company plans to withdraw completely from cryptocurrency dealing (management) activities involving price volatility risk. |
| Investigation structure | On 8 May 2026, the company received a resignation notice from プログレス監査法人 and began selecting candidates for a successor temporary accounting auditor. Final discussions with candidate successor audit firms are ongoing. 東京フィナンシャル・アドバイザーズ株式会社 has been engaged to calculate the share exchange ratio. |
| Measures to prevent recurrence | (1) Withdrawal from businesses with high business risk and concentration of management resources; (2) stabilization of the financial base through refinancing; (3) overhaul of the administrative division structure and establishment of an appropriate audit environment |
| Voting rights ownership percentage before the change | ネクスト・セキュリティ株式会社: 29,400 shares, voting rights ownership ratio of 49.0% |
| Voting rights ownership percentage after the change | ネクスト・セキュリティ株式会社: 0 shares, voting rights ownership ratio of 0.0% |
| Outlook | The company will dispose of its holdings of cryptocurrencies and related assets, including through successive sales, taking market conditions and other factors into account. Management resources will be concentrated on the development of cryptocurrency-related products, technology and development support, and Web3 consulting. The final agreement with ネクスト・セキュリティ株式会社 is scheduled to be executed in mid-July 2026, and the share transfer is scheduled to be completed in late July 2026. The company will proceed with the early appointment of a successor accounting auditor and the normalization of its audit framework. |
| Planned follow-up disclosure | The earnings forecast figures will be disclosed promptly once they can be calculated. Any further changes to the earnings forecast will also be disclosed promptly. |
Items this document does not state (10)
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.Full-year ordinary profit, net profit attributable to owners of the parent, and net income per share are undetermined because it is currently difficult to calculate reasonable figures. The decision to withdraw from the cryptocurrency dealing business was made after comprehensively considering the valuation and accounting treatment of cryptocurrencies, the business outlook, and the costs of maintaining and strengthening risk management and internal control systems, in order to concentrate management resources on existing businesses and growth areas.