unbanked inc. (8746) Stock Price

UNBANKED operates two main business segments: precious metals trading and non-bank lending. These operations are run by UNBANKED and its affiliated companies.

In the precious metals business, UNBANKED buys and sells gold bullion. Domestically, it primarily handles 1-kilogram gold bars through face-to-face transactions. It also offers small-lot trading starting from 1,000 yen through the internet via Japan Cloud Securities Co., Ltd., a subsidiary of Cloud Bank Co., Ltd., which is a related company.

Internationally, Kinka (BVI), Ltd., a subsidiary of UNBANKED, issues a cryptocurrency called "Kinka (XNK)" backed by gold bullion using blockchain technology to capture overseas gold investment demand. UNBANKED procures and stores the gold bullion it sells from sources outside the group.

In the non-bank lending business, Cloud Bank Capital Co., Ltd. operates a money lending business. It primarily focuses on real estate-backed lending. As of March 21, 2025, it transferred all shares of Personal Capital Co., Ltd., and this entity is no longer included in consolidated results.

UNBANKED is committed to its corporate mission of "contributing to people and society while creating value." The company aims to improve organizational culture and generate social value. In July 2024, UNBANKED changed its corporate name to UNBANKED Inc. and refreshed its corporate brand. Through these changes, the company is adding new value to its gold business and diversifying its domestic and international sales channels.

In its gold bullion business, UNBANKED is promoting small-lot online sales and overseas sales using blockchain technology to capture domestic and international gold investment demand. The company is also building sales channels through enhanced information dissemination and new product development. Additionally, in its non-bank business, UNBANKED has made Crowdbank Capital Inc. a subsidiary and is expanding its lending-based crowdfunding operations.

UNBANKED is working to expand distribution of "Kinka (XNK)," a cryptocurrency pegged to gold prices, and plans to issue it on the Cardano blockchain. This initiative aims to advance Web3.0 business operations and diversify revenue streams. The company is also providing financial support to increase loan balances at its lending subsidiary, driving growth in the non-bank business.

UNBANKED is reforming the revenue structure of its gold bullion and non-bank businesses to achieve operating profit profitability. Amid rising energy prices and yen depreciation, capital continues to flow into the gold market. The company is strengthening its strategy to capture gold investment demand, particularly from high-net-worth individuals.