Japan United transferred all shares of Coinage, a subsidiary of the encryption currency, and evacuated the encrypted trading business.

On April 25th, Japan announced that it had decided to transfer all the shares of its subsidiary Coinage (a total of 16,200 shares, accounting for 83.07%) to Coinage Investment Co., Ltd., and completed the equity transfer signing on the same day. Along with the equity transfer, it is expected that a special loss of 411 million yen will be included in the financial statements for the March 2019 period. It is reported that Japan United established Coinage, a subsidiary company on October 16, 2017, to prepare for the related business of cryptocurrency trading. However, with the recent changes in the cryptocurrency market environment, the company has decided to stop entering the business field.