Announced a revision of the agreement concerning share acquisition with Mr. Ishida and an additional voluntary return of executive compensation. Plans to return the share acquisition price differential of 492,999,999 yen and to receive a settlement payment of 117,607,632 yen. Effects will be reflected in the fiscal year 2026 financial results, and related past corrections will be considered.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3843","jir_company_name":"FreeBit Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-26","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/3843-20261026-01.pdf","jir_short_summary":"Announced a revision of the agreement concerning share acquisition with Mr. Ishida and an additional voluntary return of executive compensation. Plans to return the share acquisition price differential of 492,999,999 yen and to receive a settlement payment of 117,607,632 yen. Effects will be reflected in the fiscal year 2026 financial results, and related past corrections will be considered.","jir_summary":"### Summary of the Agreement\nThe Company agreed with former President Mr. Ishida that, due to deficiencies in the valuation assumptions at the time of acquiring CU Co. shares, the share acquisition price differential of 492,999,999 yen will be returned and a settlement payment of 117,607,632 yen will be received. Accompanying this, the earn-out payment obligations will be waived. The decision was made following consultations with an internal review committee and external advisors. The Company plans to initiate subrogation claims with its insurer going forward.\n\n### Impact on Results and Financials and Next Steps\nDue to adjustments, returns, and payments related to the share acquisition, the Company plans to record accounts receivable in the fiscal year ended April 2026 and process the receipt in the second quarter of the fiscal year ending April 2027. Corrections to transactions with CU Co. will be required; the Company will not restate prior consolidated financial statements and will reflect the cumulative impact in current period profit or loss.","jir_financial_highlights":"Amount to be returned for share acquisition price differential: 492,999,999 yen (Planned return under additional agreement)\nSettlement payment amount: 117,607,632 yen (Payment scheduled for 2026-10-27)\nRecorded as accounts receivable subject: Unknown (To be recorded as accounts receivable in the fiscal year ended April 2026; payment on 2026-10-27)","jir_category":"","jir_hashtags":"#FreeBit, #ExecutiveAppointments, #ShareBuybackRelated, #FinancialStatementCorrection","jir_key_figures":"492,999,999 yen: Amount to be returned for share acquisition price differential\n117,607,632 yen: Settlement payment amount\nFiscal year ended April 2026: To be recorded as accounts receivable; payment scheduled on 2026-10-27","jir_meta_title":"FreeBit Co., Ltd. Announces Agreement with Former President and Voluntary Executive Compensation Return\uff5cOctober 2026","jir_meta_description":"FreeBit Co., Ltd. announced an agreement with its former president and an additional voluntary return of executive compensation, detailing the return of the share acquisition price differential, settlement payment, and the expected financial impact and correction procedures.","jir_og_title":"FreeBit Co., Ltd. Announces Agreement with Former President and Voluntary Executive Compensation Return","jir_og_description":"FreeBit Co., Ltd. disclosed an agreement with Mr. Ishida covering the return of the share acquisition differential and a settlement payment, and outlines the anticipated financial impact.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":56905,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"executive_change","footnotes":""},"sector":[],"importance":[],"class_list":["post-134424","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n