TOKYO, Mar 16 (Pulse News Wire) – Kushim,inc. (2345.T) reported improved operating and ordinary losses in its fiscal first quarter ending January 31, 2026, compared to the same period last year.

Revenue increased to ¥26 million from ¥14 million, while lower operating profit narrowed to ¥98 million from ¥156 million previously. Ordinary loss also decreased to ¥90 million from ¥167 million. However, lower net profit attributable to parent shareholders widened to ¥100 million from ¥1.369 billion. The company continues to focus on its HODL and BUIDL strategies, which involve long-term holding and development of Ethereum infrastructure. It has started testing ETH purchases and operations since January 31, 2026, aiming to refine yield rates and balance tests.

Additionally, Kushim is actively hiring blockchain engineers and project managers to expand its consulting services. Despite progress, the firm faces significant challenges due to asset transfers and leadership changes in 2025. As a result, the group recorded substantial losses and doubts remain about the continuity of operations. Management plans legal actions and organizational restructuring to address these issues and restore trust among stakeholders. Kushim expects to hold an investor briefing to further discuss these developments and provide additional insights into its strategic initiatives.

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