MEDIA DO announced that its Board of Directors has approved the transfer of all shares held in its equity-method affiliate MyAnimeList to Web3 start-up company Gaudiy Inc. The transaction is expected to result in a one-time gain of approximately 531 million yen (approximately USD $3.5 million, based on recent exchange rates), which will be recorded in the first quarter of the fiscal year ending February 28, 2026.
Following the completion of the transaction, MyAnimeList will no longer be classified as an affiliated company of MEDIA DO.
Gaudiy Inc. is a Tokyo-based Web3 startup founded in 2018. The company develops fan community platforms using blockchain and generative AI technologies. Its flagship service, Gaudiy Fanlink, utilizes decentralized technologies such as NFTs and decentralized identifiers (DIDs) to support user engagement and create new experiences around intellectual property. Gaudiy has worked with companies including Sanrio, Sony Music Entertainment, and Bandai Namco.
MEDIA DO cited Gaudiy’s technological expertise and commitment to supporting MyAnimeList’s growth as reasons for the share transfer. The company also noted that it will consider a business alliance with Gaudiy to support future initiatives.
MEDIA DO plans to announce its full-year earnings forecast for the fiscal year ending February 28, 2026 incorporating the projected gain from the share transfer when it releases its financial results for the year ended February 28, 2025, scheduled for April 14, 2025.
Source: MEDIA DO
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