Japanese gaming company Gumi Inc. said it will record a material non-operating loss in the first quarter of its fiscal year ending April 2027 after the fair value of its crypto assets declined, according to TipRanks. The company said recent market volatility led to a total crypto asset valuation loss of 1.537 billion yen, or about $10 million. Of that amount, 675 million yen will be borne by the parent company itself. Gumi added that the loss has already been reflected in financial statements covering the three months ended July 31, 2026. After the disclosure, the company’s share price fell 19.1%.
Japanese gaming giant Gumi Inc. said it will post a material non-operating loss in the first quarter of its fiscal year ending in April 2027 after the fair value of its crypto assets declined, according to TipRanks.
The company said recent market volatility resulted in a total crypto asset valuation loss of 1.537 billion yen, or about $10 million. Of that figure, 675 million yen will be borne by the parent company.
Gumi said the loss has already been included in financial results for the three months ended July 31, 2026. After the announcement, Gumi shares fell 19.1%.
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