PANews
PANews|Sep 11, 2026 09:01
[Japanese Gaming Giant gumi Records ¥1.537 Billion Loss Due to Crypto Asset Depreciation] According to TipRanks, Japanese gaming giant Gumi Inc. announced that due to the decline in the fair value of crypto assets, it will record a significant non-operating loss in the first quarter of the fiscal year ending April 2027. Based on recent market fluctuations, the total valuation loss of crypto assets recorded by the company amounts to ¥1.537 billion (approximately $10 million), of which the parent company itself bears ¥675 million. This loss has been included in the financial report for the three months ending July 31, 2026. Following the announcement, gumi's stock price dropped by 19.10%.
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