Def Consulting proposes capital reduction, digital asset expansion

Def Consulting will hold an extraordinary general meeting on November 28, 2025, to approve a reduction in stated capital and capital reserve, disposition of surplus, and a partial amendment to its articles of incorporation. The company plans to reduce its stated capital from JPY 1,771,581,500 to JPY 100,000,000 and its capital reserve from JPY 1,671,581,500 to JPY 0. The total reduction of JPY 1,671,581,500 from stated capital and capital reserve will be transferred to other capital surplus, which will then be used to cover the accumulated deficit, enhancing financial health. These changes are expected to take effect on December 31, 2025.

The proposed amendments to the articles of incorporation aim to clarify business objectives and enable flexible responses to new business areas, particularly the newly launched digital asset treasury business. The company will add "deposit, holding, acquisition, trading, exchange, lending, management, and operation of crypto assets and digital assets" as a new business purpose. Additionally, the maximum number of shares the company can issue will increase from 117,000,000 to 242,000,000 to facilitate future funding needs.

Furthermore, Def Consulting seeks to appoint Tadachiyo Osada as an audit and supervisory committee member to strengthen its governance structure and ensure the soundness and transparency of management. This appointment, effective December 1, 2025, is intended to balance growth speed with internal controls, aiming for sustained corporate value enhancement.