Abc Reports Cryptocurrency Gains and Losses for Third Quarter
TOKYO, Jul 15 (Pulse News Wire) – Abc CO.,LTD. (8783.T) reported on Friday that it would recognize cryptocurrency gains and losses for the third quarter ending August 31, 2026.
The company’s subsidiary, abc CAPITAL Co., Ltd., sold meme coins received as donations, resulting in a special gain of ¥313 million. Additionally, due to a decline in the valuation of cryptocurrencies held by the group as of May 31, 2026, a non-operating expense of ¥1.074 billion will be recorded. In a related development, the firm previously announced on July 6, 2026, its decision to withdraw from its cryptocurrency trading operations.
As part of this strategy, the company plans to dispose of remaining crypto assets through sales or other methods while considering market impact, liquidity, and price trends. The precise impact on the consolidated performance for the fiscal year ending August 31, 2026, remains under review. Abc CO.,LTD.
Stated that it will promptly disclose the results once finalized, consistent with the revised forecast released earlier.
