The company said the board approved disposing of cryptocurrency held by it and its consolidated subsidiaries, excluding amounts set aside for shareholder benefit gifts.
Convano said on July 24 that its board had decided to sell all cryptocurrency held by the company and its consolidated subsidiaries, except for amounts reserved for shareholder benefit gifts. The holdings had a book value of ¥8.76674 billion as of March 31, 2026. Sales are scheduled to begin immediately and proceed over about three months, with execution guided by market liquidity and price trends. Proceeds will be used for growth investments and shareholder returns. The move signals a full exit from the company’s crypto position, while carving out tokens earmarked for its shareholder rewards program.