Today's print edition Home Delivery The Yamaguchi-gumi has submitted to the police a letter pledging that the designated yakuza group will end turf battles the document — filed Monday by Yamaguchi-gumi executives with the Hyogo Prefectural Police headquarters in Kobe — also says the crime syndicate will not cause any trouble from now on.googletag.cmd.push(function() { googletag.display('div-gpt-ad-1499653692894-0'); }); Turf battles have intensified since more than a dozen gangs bolted from the Yamaguchi-gumi to form a new group — the Kobe Yamaguchi-gumi — in 2015 with 150 incidents linked to their conflict occurring across Japan until last year Underscoring the importance of closely watching how Kobe Yamaguchi-gumi reacts to the Yamaguchi-gumi's move a high-ranking Hyogo police officer expressed the need to increase vigilance Both groups have shrunk year after year since their turf war began The combined number of members and quasi-members of the Yamaguchi-gumi stood at some 6,900 at the end of 2024 down from around 14,100 at the end of 2015 while the Kobe Yamaguchi-gumi's members and quasi-members have decreased more steeply to 320 or so In a time of both misinformation and too much information quality journalism is more crucial than ever.By subscribing Your subscription plan doesn't allow commenting. To learn more see our FAQ Sponsored contents planned and edited by JT Media Enterprise Division Your browser does not support JavaScript, or it is disabled.Please check the site policy for more information National Report submitted a pledge to Hyogo prefectural police to end wars with its splinter groups on April 7 After members split off from the Yamaguchi-gumi and formed Kobe Yamaguchi-gumi in 2015 the two groups and other splinter groups have engaged in violent conflicts in various locations the Yamaguchi-gumi appeared to have made a one-sided pledge to end the fighting and the police will remain on alert about the actions of each yakuza group Investigative sources said that three top executives of Yamaguchi-gumi visited prefectural police on the afternoon of April 7 and promised to end the conflicts and never cause trouble again some gangs of the Yamaguchi-gumi left the group and formed Kobe Yamaguchi-gumi The split is said to have been caused by strong dissatisfaction with the management of the Yamaguchi-gumi is the organization that Yamaguchi-gumi's leader Kenichi Shinoda Violent conflicts broke out immediately after the split resulting in deaths and injuries for members of both groups both groups were designated as dangerous criminal organizations based on the anti-organized crime law their activities were significantly restricted in designated areas including being prohibited from using gang offices and from gathering in groups of five or more members The Yamaguchi-gumi is also in conflict with the Kizuna-kai which split off from Kobe Yamaguchi-gumi in 2017 which announced its separation from Kobe Yamaguchi-gumi in 2020 Both Kizuna-kai and Ikeda-gumi also have been designated as dangerous criminal organizations According to the White Paper on Police published by the National Police Agency and both the Kizuna-kai and the Ikeda-gumi had 60 each As police crackdowns have made it harder for gangs to raise funds yakuza groups continue to shrink across the country the gaps in power between the Yamaguchi-gumi and other rival groups are widening yakuza activity now less visible for police ‘Kamikaze car’ attacks signal resumption of yakuza turf war NPA data shows 18th straight year of gang member numbers falling Yakuza turf war simmers 5 years after split from Yamaguchi-gumi Information on the latest cherry blossom conditions Please right click to use your browser’s translation function.) A series based on diplomatic documents declassified by Japan’s Foreign Ministry Here is a collection of first-hand accounts by “hibakusha” atomic bomb survivors chefs and others involved in the field of food introduce their special recipes intertwined with their paths in life A series about Japanese-Americans and their memories of World War II In-house News and Messages No reproduction or republication without written permission 2025 Tokyo-listed gaming studio Gumi acquires 1 billion yen worth of Bitcoin The BTC purchase is part of Gumi’s broader expansion into the blockchain sector which includes acquiring and managing “high-quality tokens.” News COINTELEGRAPH IN YOUR SOCIAL FEEDJapanese mobile gaming company Gumi has added Bitcoin to its balance sheet tipping plans to earn additional revenue on its holdings through the Babylong staking protocol According to a translated version of the Feb. 10 announcement, Gumi’s board of directors greenlighted the purchase of 1 billion yen ($6.6 million) worth of Bitcoin (BTC) The company cited the need to “further strengthen” its position in the Web3 and blockchain industry as a primary motivation for the acquisition “[W]e are steadily expanding our portfolio in the node management business,” the translated statement said adding that Gumi intends to become “the first domestic listed company to become a validator for Babylon.” Babylon is a Bitcoin staking protocol, with $3.5 billion worth of BTC staked so far, the company announced in December The Bitcoin purchase isn’t Gumi’s first foray into blockchain technology it uses blockchain technology to “create a variety of new content and services.”  Gumi plans to “acquire and manage high-quality tokens across the globe,” including investing in other companies The company invests in early-stage blockchain projects through Gumi Cryptos Capital a venture capital firm based in Silicon Valley The company was an early investor in OpenSea and 1inch Related: Buy Bitcoin, stock price goes up 80%: Rumble follows ‘MicroStrategy’ strategy Gumi is one of several publicly traded companies to add Bitcoin to its balance sheet. Fellow Japanese firm Metaplanet adopted a Bitcoin strategy last May and recently made its largest-ever BTC acquisition at nearly $60 million Meanwhile, Michael Saylor’s rebranded Strategy purchased another 7,633 BTC last week at an average price of $97,255 Strategy, formerly MicroStrategy, has ramped up its BTC purchases since the fourth quarter of 2024. Source: SaylorTracker.com Outside of Strategy, the largest corporate BTC holders are miners. As Cointelegraph reported Bitcoin miners have taken a page out of Saylor’s playbook by holding more of their mined BTC on their balance sheets In the fourth quarter, mining company CleanSpark added more than 1,000 BTC to its treasury ending the quarter with 10,556 BTC on its books Magazine: AI may already more power than Bitcoin — and it threatens Bitcoin mining The company is already a node operator for Bitcoin staking protocol Babylon Image includes combined content which may include AI-generated content Japanese gaming and blockchain company Gumi has announced a 1 billion yen ($6.5 million) investment in Bitcoin (BTC) in a Feb The investment will occur from February to May and will represent 4.3% of Gumi’s $150 million market cap The company also revealed that it became the first publicly listed Japanese company to participate as a validator for BTC staking protocol Babylon in the second quarter of the fiscal year ending April 2025 Babylon lets users stake their Bitcoin to earn rewards. The staked BTC is used as security for other protocols, creating a Bitcoin Secured Networks layer. The protocol has over $5.4 billion in total value locked (TVL), based on DefiLlama data Gumi’s Board of Directors approved the purchase as part of its strategy to strengthen financial operations within its blockchain-focused business which has become a central pillar of the company’s growth According to Babylon’s website Gumi has 7.99 BTC — worth over $770,000 — staked on the platform Gumi anticipates new revenue sources from capital appreciation and additional validator rewards by purchasing Bitcoin and using it for staking The decision aligns with the firm’s Web3 ambitions as it seeks to deepen its presence in decentralized finance (DeFi) and blockchain-based financial services Notably, Gumi’s website reveals the company is already a node operator for eight blockchains, including Ethereum, Sui, and Avalanche the Japanese gaming publisher has a blockchain unit responsible for efforts mixing games and non-fungible tokens (NFTs) Gaming companies Capcom and Double Jump are reported as Gumi partners Gumi’s website also highlights investments in the NFT marketplace OpenSea and the gaming-focused decentralized organization Yield Guild Games The company plans to conduct quarterly valuations of its Bitcoin holdings and incorporate gains or losses into its financial statements It has also stated that any significant financial impact from this investment will be disclosed promptly Gino Matos is a law school graduate and a seasoned journalist with six years of experience in the crypto industry His expertise primarily focuses on the Brazilian blockchain ecosystem and developments in decentralized finance (DeFi) a passionate journalist since Yemen's 2011 Arab Spring has honed his skills worldwide for over a decade Follow us on X for your essential dose of daily crypto news and deep dives Commitment to Transparency: The author of this article is invested and/or has an interest in one or more assets discussed in this post CryptoSlate does not endorse any project or asset that may be mentioned or linked to in this article Please take that into consideration when evaluating the content within this article Disclaimer: Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate None of the information you read on CryptoSlate should be taken as investment advice nor does CryptoSlate endorse any project that may be mentioned or linked to in this article Buying and trading cryptocurrencies should be considered a high-risk activity Please do your own due diligence before taking any action related to content within this article CryptoSlate takes no responsibility should you lose money trading cryptocurrencies The Web3 community is mobilizing to recover TUSD assets misappropriated through regulatory loopholes in a high-profile digital asset breach a decentralized currency that defies the sway of central banks or administrators circumventing intermediaries via a peer-to-peer network open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps) Sui (SUI) is a delegated proof of stake (DPoS) layer 1 blockchain based on the Move programming language Avalanche is an umbrella platform for launching decentralized finance (DeFi) applications a publicly traded company listed on the Tokyo Stock Exchange (3350) is a Japanese company that has undergone a strategic transformation to focus on Bitcoin Babylon Labs is a cutting-edge blockchain company focused on developing Bitcoin security-sharing protocols to create a decentralized world secured by Bitcoin Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy CryptoSlate has no affiliation or relationship with any coin project or event unless explicitly stated otherwise CryptoSlate is only an informational website that provides news about coins Please do your own diligence before making any investment decisions in connection to the use or reliance of any content you read on the site © 2025 CryptoSlate. All rights reserved. Disclaimers | Terms | Privacy Please add "[email protected]" to your email whitelist. in Business, History | August 22nd, 2024 Leave a Comment Image from New York Pub­lic Library, via Wiki­me­dia Com­mons “so the prince hired three skilled men from Baek­je a Bud­dhist state in what is now Korea,” among them a cer­tain Kongō Shiget­su Kongō Gumi con­tin­ued to oper­ate inde­pen­dent­ly for more than 1,400 years run by 40 gen­er­a­tions of Kongō Shiget­su’s descen­dants By the time Toy­oto­mi Hideyoshi had the com­pa­ny build Osa­ka Cas­tle in 1583 it had been estab­lished for near­ly a mil­len­ni­um “the cas­tle has been destroyed repeat­ed­ly by fire and light­ning,” Her­rera writes “Kongō Gumi pros­pered because of these major recon­struc­tions which pro­vid­ed them with plen­ty of work.” Through­out most of its long his­to­ry an even stead­ier busi­ness came from their spe­cial­ty of build­ing Bud­dhist tem­ples at least until seri­ous chal­lenges to that busi­ness mod­el arose in the twen­ti­eth cen­tu­ry “World War II brought sig­nif­i­cant changes to Japan, and the demand for tem­ple con­struc­tion waned,” says the tourism com­pa­ny Toki the com­pa­ny made a strate­gic deci­sion to piv­ot its exper­tise towards a new endeav­or: the craft­ing of coffins.” Gov­ern­men­tal per­mis­sion was arranged by the wid­ow of Kongō Haruichi who’d tak­en his own life out of finan­cial despair inflict­ed by the Shōwa Depres­sion of the nine­teen-twen­ties Here time at the head of the com­pa­ny illus­trates its long-held will­ing­ness to grant lead­er­ship duties not just to first sons but to fam­i­ly mem­bers best suit­ed to do the job; for that rea­son the his­to­ry of the Kongō clan involves many sons-in-law delib­er­ate­ly sought out for that pur­pose The com­bined forces of the decline of Bud­dhism and the pop­ping of Japan’s real-estate bub­ble in the nineties even­tu­al­ly forced Kongō Gumi to become a sub­sidiary of Taka­mat­su Con­struc­tion Group in Jan­u­ary 2006. “The cur­rent Kongō Gumi work­force has only one mem­ber of the Kongō fam­i­ly,” the Nikkei Asia report­ed in 2020 “a daugh­ter of the 40th head of the fam­i­ly” who “now serves as the 41st head.” But its miyadaiku — dis­tinc­tive­ly orga­nized into eight inde­pen­dent kumi or groups — con­tin­ue to do the work they always have with ever-more-refined ver­sions of the tra­di­tion­al tools and tech­niques they’ve been using for near­ly a mil­len­ni­um and a half Kongō Gumi con­tin­ues to receive inter­na­tion­al atten­tion for main­tain­ing its high lev­el of crafts­man­ship but view­ers of Amer­i­can TV dra­ma in recent years will also appre­ci­ate its hav­ing solved the prob­lem of suc­ces­sion Why Japan Has the Old­est Busi­ness­es in the World?: Hōshi, a 1300-Year-Old Hotel, Offers Clues Build­ing With­out Nails: The Genius of Japan­ese Car­pen­try Hōshi: A Short Doc­u­men­tary on the 1300-Year-Old Hotel Run by the Same Japan­ese Fam­i­ly for 46 Gen­er­a­tions Japan­ese Priest Tries to Revive Bud­dhism by Bring­ing Tech­no Music into the Tem­ple: Attend a Psy­che­del­ic 23-Minute Ser­vice A Vis­it to the World’s Old­est Hotel, Japan’s Nisiya­ma Onsen Keiunkan, Estab­lished in 705 AD See How Tra­di­tion­al Japan­ese Car­pen­ters Can Build a Whole Build­ing Using No Nails or Screws by | Permalink | Comments (0) | We’re hop­ing to rely on our loy­al read­ers rather than errat­ic ads. To sup­port Open Cul­ture’s edu­ca­tion­al mis­sion, please con­sid­er mak­ing a dona­tion. We accept Pay­Pal, Ven­mo (@openculture), Patre­on and Cryp­to! Please find all options here. We thank you! XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong> Open Culture scours the web for the best educational media We find the free courses and audio books you need the language lessons & educational videos you want Arabic Source: Waya UAE’s Blum raised $5 million in a pre-seed and seed round Blum is a decentralised trading platform that operates via Telegram and expand its operations across multiple blockchain networks This is in order to provide users with greater flexibility in managing their digital assets it aims to focus on developing its intelligent trading bot The platform sees this as a reflection of a growing interest in seamless and efficient trading solutions.  its Telegram community contains over 32 million members and the platform has 2.2 million registered unique wallet activities.  The company transitioned from a “Click to Earn” model to a “Trade to Earn” strategy it aims to encourage users to actively participate in trading rather than simply engaging in passive interactions this round also includes partnership with industry players aiming to strengthen the platforms capabilities and market positioning both emphasised that this funding is not limited to capital alone but also includes partnerships to enhance the platform’s capabilities they added that this move is aligned with Blum’s goal of establishing a more efficient and secure trading environment for users Sign up to receive our weekly digest of stories Wamda is licensed under a creative commons attribution-nonCommercial - noDerivs 3.0 unported license Please check your email to confirm your subscription Corporate Bitcoin adoption continues to accelerate as Japanese gaming publisher Gumi announces a ¥1 billion ($6.7 million) purchase while KULR Technology Group expands its BTC the mobile gaming publisher has become the first publicly listed company in Japan to participate in Bitcoin staking via Babylon the Babylon protocol enables Bitcoin holders to earn yield while maintaining security Gumi revealed plans to use Bitcoin for staking within the Babylon ecosystem leveraging surplus funds to explore new financial opportunities The company aims to capitalize on Bitcoin’s long-term price appreciation while earning staking rewards through Babylon’s validation process the Bitcoin acquisition period will span from February to May 2025 during which Gumi will commit ¥1 billion worth $6.7 million the company plans further crypto-based diversification by the second quarter of the year In a tweet VanEck’s lead researcher Matthew Sigel highlighted the significance of the move He noted that Gumi is breaking new ground as a publicly listed validator This signals a further advancement from Bitcoin’s traditional role as a store of value to an active financial asset capable of generating yield Japanese Mobile Gaming Publisher Gumi (3903 mkt cap $150M) announces plan to buy 1b Yen Worth of Bitcoin Becomes first listed company in Japan (world?) to participate in Bitcoin staking protocol Babylon as a validator. pic.twitter.com/37nhunaIiX — matthew sigel, recovering CFA (@matthew_sigel) February 11, 2025 Meanwhile, Gumi’s decision highlights the growing institutional interest in Bitcoin in Japan. Just last month, Metaplanet, aka “Japanese MicroStrategy,” launched a BTC acquisition plan targeting 10K tokens by the end of this year and 21K BTC by 2026 The goal is to become one of the largest corporate Bitcoin holders The company plans to raise ¥116.65 billion through issuing 21 million shares in Asia’s largest Bitcoin-related equity raise Meanwhile, KULR Technology Group has doubled down on its Bitcoin Treasury Strategy. Today, it announced an additional $10 million Bitcoin acquisition bringing its total BTC holdings to 610.3 tokens worth approximately $60 million KULR committed up to 90% of its excess cash reserves to Bitcoin in 2024 as part of its long-term Bitcoin strategy The company introduced BTC Yield as a performance indicator While BTC Yield offers insight into KULR’s treasury approach the company emphasized that it should not be viewed as a direct measure of financial return or liquidity It noted external factors influence stock performance beyond Bitcoin holdings Gumi’s planned Bitcoin acquisition and KULR’s aggressive Bitcoin treasury expansion reflect a growing trend among publicly traded companies toward adopting Bitcoin as a financial asset These companies are positioning themselves at the forefront of blockchain-based finance integrating Bitcoin into their treasury management strategies Gumi’s involvement in Babylon’s Bitcoin staking could encourage other publicly traded firms to explore similar yield-generating opportunities DisClamier: This content is informational and should not be considered financial advice The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion Readers are encouraged to do thorough research before making any investment decisions The Crypto Basic is not responsible for any financial losses Copyright ©The Crypto Basic This website requires you to be 18+ years of age or older Please verify your age to view the content The egg-shaped candy which conceals a novelty toy will be available from August World of Sweets and Bobby’s are the exclusive distributors of the new Gumi Yumi Surprise from Gumi Yumi The new confectionery offers a combination of sweet treat and premium novelty toy It is an egg-shaped candy in eight fruit-flavoured gummy strips which can be unwrapped to reveal a surprise toy inside Gumi Yum Surprise has delivered strong results in existing markets In the USA it was the number one new confectionery brand in Target USA at launch and in the top two per cent of all confectionery lines for 2024 World of Sweets to stock Bluey Ice Pops Gumi Yum gained a 15% market share in the sugar single novelty category and outsold Kinder in 80% of the stores stocking both ranges Gumi Yum Surprise has already built an impressive social media following delivering viral content and strong consumer demand with novelty sweet fans In 2024 it had over 250 million impressions on the channel.  director of sales and marketing at World of Sweets said: “There’s already a massive buzz around this product and the brand as a whole The interaction with customers via social media channels means consumers are eager to try – even if it’s not available in their country “This is great news for retailers in the UK who will be able to capitalise on this buzz and offer their customers this product.” World of Sweets will be exhibiting the line at the forthcoming National Convenience Show ahead of its availability in August Read more product news This article doesn't have any comments yet Join today to get exclusive content and subscribe to the online and print versions of Retail News © Better Retailing is part of Newtrade Media Limited These essential cookies do things like remember your progress through a form and keep you logged in Our website uses one or more analytical statistical data collection programs to assemble records about who uses the site and many other items of statistical importance that allow us to improve our effectiveness in the supply of web experiences The nature of the data collected does not give us information about who you are (by name or address) but it can give us IP address identity Information is collated into a series of reports and is studied on a regular basis The stats that these cookies generate are anonymous and cover things such as; Some pages may contain content from other sites These sites are sometimes called ‘third party’ services This tells us how many people are seeing the content and whether it’s useful Japanese game studio Gumi has approved a $6.6 million Bitcoin purchase to double down on blockchain staking Gumi Inc., a Japanese mobile game studio, is looking to strengthen its crypto presence with a major Bitcoin (BTC) purchase. In a Feb. 10 press release the Tokyo-listed firm revealed that its board of directors has approved the plan to purchase Bitcoin worth JPY 1 billion (around $6.58 million) by May to expand its blockchain node operation business Following the news, Gumi’s shares saw a 3.6% uptick, reaching ¥454 (about $3), according to Google Finance data. Gumi also unveiled that in Q2 of the fiscal year ending in April, it will become the “first publicly listed company in Japan to participate as a validator” in the staking protocol Babylon we aim to further strengthen our node operation business and enhance our presence in the web3 domain.” Gumi plans to use its Bitcoin holdings for staking through Babylon hoping to benefit from Bitcoin’s potential price growth as well as earn revenue from staking and validator rewards The studio also plans to regularly assess its crypto holdings and record any gains or losses in its financial statements and now the company is targeting 21,000 BTC by 2026 Five people in Fukuoka Prefecture have filed a lawsuit seeking roughly ¥22.5 million ($157,400) in damages including compensation for losses and emotional distress The plaintiffs claim they were defrauded of a total of about ¥18 million by a member of the syndicate who has already been convicted of fraud in a criminal trial filed Tuesday in the Fukuoka District Court names four defendants including the group’s boss 77-year-old Kiyoshi Takayama.googletag.cmd.push(function() { googletag.display('div-gpt-ad-1499653692894-0'); }); The lawsuit was filed under a system introduced by the Fukuoka Prefectural Police in June 2023 that covers legal costs such as attorney investigations and court record copying fees which caps support at ¥500,000 ($3,500) per case is available when yakuza-related criminal cases result in a guilty verdict the plaintiffs argue that Shinoda and other senior Yamaguchi-gumi figures bear organizational responsibility under the law against illegal activity by members of organized crime groups Police in Fukuoka and Aichi prefectures also issued provisional orders to the four defendants on Tuesday demanding that they not obstruct the legal proceedings This marks only the second time the system has been used when relatives of victims of attacks linked to the Kudokai gang based in the city of Kitakyushu in Fukuoka Prefecture who is currently appealing a life sentence TechTarget and Informa Tech’s Digital Business Combine.TechTarget and Informa we power an unparalleled network of 220+ online properties covering 10,000+ granular topics serving an audience of 50+ million professionals with original We help you gain critical insights and make more informed decisions across your business priorities The mobile and web3 game maker said it must downsize to achieve 'sustainable growth.' Japanese mobile and web3 game developer Gumi wants around 80 employees to accept voluntary redundancy so it can downsize to "achieve sustainable growth." It appeared to blame that loss on the performance of Aster Tatarics which delivered "significantly" lower than expected sales "In order to ensure the soundness of management and achieve sustainable growth in a difficult environment including market conditions it is necessary to revamp our existing development policies and systems We are aware that there is," reads the translated press release we will not develop original titles that are highly risky and instead will distribute low-cost titles with a high probability of profit by combining our proven game engine with powerful IP as well as develop more commissioned titles we will quickly transition to a system that can continuously generate stable earnings." Gumi is offering "voluntary retirement" packages to employees who may find it difficult to "coexist" with its new business plan It indicated the offer will be open to all workers and said people will be able to put themselves forward between June 17 and July 5 Gumi hopes the process will enable it to cut around 80 jobs by July 31 "Employees who retire under this system will be treated as company-initiated retirement and special retirement benefits will be provided," it added "We will also provide re-employment support through an out-employment support company for those who wish to do so." The cost of the redundancies is expected to total approximately 100 million yen That outlay will be reported as an extraordinary loss during the first quarter of the current fiscal year CEO of Japan game industry consultancy Katan Games said this is essentially a "rare" case of layoffs in Japan where it's "generally not possible to just fire employees." "Gumi will offer special retirement allowance packages and other things to employees who then need to 'resign,' a technicality often used by Japanese companies in these situations," he added Game Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, and PocketGamer.biz Chris has covered major industry events including GDC He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news This website is owned and operated by Informa TechTarget influences and connects the world’s technology buyers and sellers Informa PLC’s registered office is 5 Howick Place has announced the purchase of Bitcoin worth 1 billion yen This decision highlights a growing trend among Japanese tech companies towards cryptocurrencies.  The investment could have significant implications for the gaming sector and for the adoption of digital assets in corporate strategies.   Gumi is one of the leading Japanese companies in the mobile gaming sector The company has developed successful titles and has collaborated with major global partners.  The purchase of Bitcoin represents a significant step in his financial diversification strategy.   The company has stated that this decision is motivated by the growing importance of cryptocurrencies in the technological and financial sector The acquisition of 1 billion yen in Bitcoin suggests a long-term vision in which digital assets could play a key role in the corporate economy.   The value of Bitcoin as an alternative asset has been recognized by numerous companies worldwide. The cryptocurrency is often considered a store of value especially in a context of economic uncertainty and inflation the investment could offer several advantages:   Japan is one of the most advanced countries in the regolamentazione of cryptocurrencies The Financial Services Agency (FSA) oversees the sector The purchase of Bitcoin by a company listed in Tokyo could encourage other Japanese companies to consider similar strategies The local market has already seen a growing interest in cryptocurrencies with numerous regulated exchanges and initiatives in the blockchain sector.   The acquisition of Bitcoin by Gumi fits into a broader context of convergence between gaming and blockchain. Games based on NFT and play-to-earn platforms are transforming the sector offering new monetization opportunities for companies and players Some game studios are already implementing digital assets in their virtual economies could explore new models that integrate cryptocurrencies into their titles or payment systems.   The purchase of 1 billion yen in Bitcoin by Gumi represents a strategic choice that reflects the evolution of the technological and financial sector This move could influence other Japanese companies and strengthen the interconnection between gaming and digital assets.   With the growing adoption of cryptocurrencies it will be interesting to see how Gumi will leverage this investment in the long term and if other companies will follow this example Stay updated on all the news about cryptocurrencies and the entire world of blockchain Gumi Representative Director & President Hiroyuki Kawamoto presented a document that records that as a result of a board meeting today they have decided to purchase Bitcoin worth 1 billion Japanese yen between February 2025 and May 2025 They also indicated that Bitcoin purchasing is a strategic initiative by the company to expand its portfolio to strengthen the financial sector as well as part of its other crypto initiatives they indicated that the company launched a steaking protocol and became the first listed company in Japan to participate in the Babylon validator This will allow inactive Bitcoins to be used as security guarantees for other blockchains Get the latest creative news from Bitcoinsensus All content on Bitcoinsensus.com is provided for informational purposes and is not an offer to buy or sell or a solicitation of an offer to buy or sell any product The opinions expressed on Bitcoinsensus does not constitute investment advice and independent financial advice should be sought where appropriate Trading is a highly risky activity that can lead to major losses please therefore consult your financial advisor before making any decision Bitcoinsensus will not be held liable for any of your personal trading or investing decisions Bitcoinsensus will not be held liable for any losses that you may incur by speculating in the market Business LG Innotek to invest W600b in Gumi plant LG Innotek said Tuesday that it has signed a 600 billion won ($408 million) investment agreement with North Gyeongsang Province and Gumi City The electronics parts maker plans to utilize the investment to expand the mass production lines for flip chip ball grid array and introduce new facilities for the production of high-value camera modules The investment period will span from next month to December next year LG Innotek signed an investment agreement with Gumi City in 2022 and made a large-scale investment of 1.4 trillion won in its Gumi operations The last investment enabled LG Innotek to acquire Gumi Plant 4 covering a total floor area of 230,000 square meters The facility has since been transformed into a key production base for its new FC-BGA business known as the “Dream Factory.” Additionally the company expanded its production lines for mobile camera modules LG Innotek aims to accelerate the enhancement of its competitiveness in the substrate and optical solution businesses It has incorporated cutting-edge IT technologies such as artificial intelligence robotics and digital twins into the Dream Factory which officially began mass production of PC-use FC-BGA for global Big Tech clients in December LG Innotek will focus on securing additional FC-BGA customers while advancing next-generation substrate technologies to grow its FC-BGA business into a multi-trillion-won industry To solidify its position as the global leader in camera modules and enhance cost competitiveness in its optical solutions business LG Innotek plans to operate a dual production system: legacy model products will be manufactured at its Vietnam plant while high-value camera modules for new models will be produced at the Gumi plant "Gumi is a strategically vital hub for LG Innotek’s key businesses," said CEO Moon Hyuk-soo "We will continue investing to create maximum customer value while fostering mutual growth with local communities and partner companies." The plan to unify the candidacies of conservative People Power Party presidential candidate Kim Moon-soo and former Prime Minister Han Duck-soo faces a rocky road From booking beds to building AI: Yanolja Cloud CEO reimagines travel Amazon Prime sign deal to increase K-content access Korea mark 60 years of ties with sculpture CU launches visa support services for foreign nationals SK Telecom scrambles to restore trust after massive data breach Costco’s steep membership hike tests loyalty of Korean shoppers Rise of Korea’s dollar store Daiso explained in 2 minutes Respect wanes: Teaching no longer highly coveted job in S Lee Jae-myung leads in hypothetical three-way race with Han Duck-soo Netflix's 'The Devil’s Plan' returns with star-packed season 2 Singer Lee Seung-hwan's lawyer holds documents related to the lawsuit against the Gumi mayor for canceling Lee's concert in December at Seoul Central District Court in Seocho District Right-wing protesters rally against Lee Seung-hwan's concert in Gumi 19 after the singer showed support for the conservative President Yoon Suk Yeol's impeachment Singer Lee Seung-hwan in a photo taken in 1993 [JOONGANG ILBO] Jyothi Yarraji to spearhead Indian squad; Neeraj Chopra skipsThe Indian contingent for the continental meet in South Korea will also feature Parul Chaudhary The Athletics Federation of India (AFI) announced the squad on Friday following the conclusion of the Federation Cup in Kochi the Indian squad includes several Olympians Asian Games medallists and national record holders who matched his own national record with a 17.37m leap on Thursday and reigning Asian champion Abdulla Aboobacker will represent India in the men’s triple jump fresh off breaking the 200m national record along with quarter-milers Rupal Chaudhary and Vithya Ramraj the latter also named in the 400m hurdles and 4x400m relay The Asian Athletics Championships 2025 will conclude on May 31 In addition, the event revealed that the 2012 compilation films Gintama-san on Theater 2D films will have screenings in February The "Shinsengumi Crisis arc" compilation film will open on February 7 while the "Kabukicho Four Devas arc" compilation film will open on February 21 The 3-Nen Z-Gumi Ginpachi-Sensei concept was previously animated as a short at the end of several Gintama anime series episodes Gintama THE VERY FINAL (Gintama: The Final), the third and last anime film based on the finale of the original manga and on Blu-ray Disc and DVD in February 2022 had a three-week limited screening in Japan that started on November 22 The compilations are part of the Gintama franchise's 20th anniversary celebration with 2023 being the 20th anniversary of Hideaki Sorachi's Gintama manga debuting and 2026 being the 20th anniversary of the television anime's premiere The Yorinuki Gintama-san rerun of the television anime also spawned two "on Theater 2D" compilations in 2012 and 2013 Sources: Jump Festa '24, Gintama YouTube channel has announced that between the months of February and May 2025 it intends to purchase Bitcoin (BTC) worth around 1 billion Japanese yen points out that Bitcoin investment is one of the measures to consolid.. A defining characteristic of this move is the firm participating in the Bitcoin staking protocol known as Babylon the firm became Japan’s first publicly traded company that will be its validator for Babylon Gumi seeks to capitalize on unused bitcoins as collateral means to make security in other chains stronger the investment in Bitcoin and its role in the Babylon protocol puts Gumi in an innovative position concerning blockchain infrastructure within the publicly traded Japanese companies Cardano (ADA) Jumps Over 13% on Grayscale’s ETF Filing South Korea’s LG Innotek has signed a 600 billion won ($409 million) investment agreement with North Gyeongsang Province and the city of Gumi to expand production lines at its Gumi plant which will be carried out from April 2025 through December 2026 will focus on boosting the production capacity of flip-chip ball grid array (FC-BGA) substrates and introducing new facilities for high-value camera modules The latest investment follows LG Innotek’s 2022 agreement with Gumi City where it pledged 1.4 trillion won to significantly expand its manufacturing base and transformed it into a dedicated FC-BGA production hub FC-BGA is a packaging technology used to connect high-performance semiconductor chips to substrates the company also expanded its production lines for mobile camera modules LG Innotek aims to strengthen its global competitiveness in the substrate and optical solution sectors The new factory has been developed into a next-generation smart plant integrating innovative technologies such as AI The plant has been mass-producing PC-use FC-BGA products for major global tech clients since December 2024 LG Innotek plans to broaden its FC-BGA client base and accelerate the in-house development of next-generation substrate technologies such as glass core The company intends to grow FC-BGA into a multitrillion-won strategic business It is also pursuing a dual production line strategy to enhance cost competitiveness in its optical solution business “Given that Gumi is a strategic hub for LG Innotek’s core business we will continue investing to create top customer value in cooperation with the local community and partner companies,” CEO Moon Hyuk-soo said Korea’s inflation rises 2.1% in April Samsung Electronics’ R&D costs hit record $24 bn in 2024 Musinsa enters emergency management for first time since inc.. Incheon Airport poised to turn a profit in 2023 LG expands bio sector with record R&D investments Competition for Korea’s first clean hydrogen power projects .. Tous les Jours rebrands as ‘TLJ,’ targets premium bakery mar.. OK Financial prepares for Sangsanin Savings Bank acquisition SK Group speeds up development of industry-focused AI Agent Asiana Airlines swings to loss in 2024 on currency losses Samsung smart farm tech boosts mango yields, cuts costs in J.. LK Samyang launches superwide zoom lens with German partner Musinsa’s beauty business surges 130% in Q1 Luxury watches, jewelry rise as new growth engine for depart.. KakaoMap launches indoor navigation for 54 major train stati.. SK telecom shares fall on new subscription freeze KEPCO to unveil first 5-year power distribution plan by mid-.. Daemyung Sono to sell entire stake in Air Premia LG CNS partners with KAIST to train AI transformation expert.. item.tmx : Math.floor(item.tmn)+'/'+Math.floor(item.tmx)) +'℃ Samsung’s Bespoke AI Combo hits 100,000 sales milestone LG Energy Solution seeks global talent in U.S. LG Electronics rolls out tumbler washer MyCup LG Elec installs LED scoreboard at Boston Red Sox stadium HD Hyundai Heavy holds ceremony for Philippine patrol ship LG unveils 2025 OLED Evo TV Samsung unveils gaming monitor with glasses-free 3D technology KITA Chief meets Texas Governor to discuss semiconductor subsidies KB Kookmin Bank, KCS to enhance forex monitoring system LG Electronics’ AI Washtower optimizes laundry in 3 seconds The JOJODAY event for the JoJo's Bizarre Adventure franchise confirmed on Saturday that the anime franchise is getting a new app game from distributor gumi that will launch in 2025. The game will be available on the App Store and Google Play and will be free to play (there will be optional items available to purchase) A teaser website for the game features a countdown that ends on June 30 at 6:00 p.m gumi had announced in March 2024 that it had acquired the rights to distribute a mobile online game in Japan based on the anime adaptation of Hirohiko Araki's JoJo's Bizarre Adventure manga and was developing a new game for the franchise that it would distribute in both Traditional and Simplified Chinese KLab plans to release the game worldwide outside of Japan in 2026 The game has since released two Season Passes with extra characters Sources: JoJo's Bizarre Adventure game's teaser website, Gamer, 4Gamer (maru) The visual shows the new anime's protagonist Ginpachi as well as the original Gintama series' main character Gintoki: will have a three-week limited screening in Japan starting on November 22 Sources: Gintama Channel 4 Shuu-nen Kinen & Sakata Gintoki Bakutan Kinen 2024 livestream, 3-Nen Z-Gumi Ginpachi-Sensei anime's website is reportedly seeking to sell its 10,000-ton capacity cathode materials plant in Gumi was a joint venture between POSCO Group and Phoenix Materials (now BK Holdings Co.) called POSCO ESM Located in the Gumi National Industrial Complex the facility laid the foundation for POSCO’s cathode materials business the Gumi plant gradually increased its production of lithium manganese oxide (LMO) and nickel-cobalt-manganese (NCM) cathodes reaching a capacity of 10,000 tons per year While it once served as the cornerstone of POSCO’s cathode materials business the aging infrastructure of the plant means it is no longer the primary production site Recent investments in new and expanded facilities have instead been directed toward the Gwangyang and Pohang plants A POSCO Future M representative stated that the company is currently exploring various options for the future use of the Gumi plant The 3-nen Z-gumi Ginpachi-sensei anime adaptation has received a teaser trailer The anime is based on a Gintama spin-off light novel series written by Tomohito Osaki which envisions Gintoki as a high school teacher called Ginpachi Sakata It is set to begin airing in October 2025 and is part of the Gintama manga’s 20th anniversary project 3-nen Z-gumi Ginpachi-sensei parodies the Japanese drama 3-nen B-gumi Kinpachi-sensei which aired its first season in 1979 and released the four-hour Final special in 2011 The main Gintama anime has featured shorts with the Ginpachi-sensei premise The light novels are published under Shueisha’s JUMP j BOOKS label The original Gintama comedy manga by Hideaki Sorachi began in 2004 and released its 77th and final tankoubon volume in 2019 It was mainly serialized in Shueisha’s Weekly Shonen Jump but some of its later chapters were published in Jump GIGA in 2019 while the concluding chapters were released via a Gintama app Twenty-three volumes were published in English by Viz Media The TV anime adaptation of the main manga began airing in Japan in 2006 and ran until 2018 for four seasons limited-run theatrical release of the series’ “Thorny Arc” with bonus footage debuted in Japanese theaters last November Crunchyroll describes the Gintama anime as: In a world where aliens have invaded Edo Period Japan trains and motor bikes have replaced the simple life of Earth inhabitants Gintoki carries his own resolve and is ready to take on any challenge with his fellow companions • Director: Natsumi Higashida (Tokyo Mew Mew New assistant director)• Chief director: Makoto Moriwaki (Welcome to Demon School! Iruma-kun director)• Series composer: Kazuyuki Fudeyasu (Shangri-la Frontier) • Series composer: Mitei Mark II • Character designer and chief animation director: Shinji Takeuchi (Gintama) • Music composer: Audio Highs • Animation production: BN Pictures • Tomokazu Sugita as Ginpachi Sakata• Daisuke Sakaguchi as Shinpachi Shimura• Rie Kugimiya as Kagura Source: @gintamamovie Mass layoffs in the games industry have reached Japan Mobile developer Gumi has decided to cut roughly 11% of its 689 employees 3) Background: gumi today released its earnings report disclosing sales of US$22M vs operating loss of US$13M last quarter gumi recorded US$18M impairment loss on a game that flopped in app stores — Dr. Serkan Toto / Kantan Games Inc. (@serkantoto) June 7, 2024 Founded in 2007, Gumi was originally known as Atmovie Pirates. In 2014, it was listed on the Tokyo Stock Exchange at a valuation of around $890 million. Shortly after its IPO, it cut about 100 jobs and has made several rounds of layoffs since then Gumi has several mobile games in its portfolio, including For Whom the Alchemist Exists (誰ガ為のアルケミスト) and the now closed Brave Frontier ($185 million in IAP revenue, according to AppMagic) It also operates the global version of Final Fantasy: Brave Exvius which has over $625 million in IAP revenue on iOS and Android Got a story you'd like to share? Reach us at press@gameworldobserver.com ※ This service is provided by machine translation tool A police officer working at a police station in Gumi According to the Gyeongbuk Provincial Police Agency on the 3rd colleagues found Officer A of Gumi Police Station dead with a gunshot wound in a patrol car parked in front of a police box building in the jurisdiction at 8:50 a.m No criminal link was found at the scene of the incident "There are no charges of crime such as murder but we are grasping detailed facts such as the details of the death." or if you have family members or acquaintances around you who are having such difficulties you can receive professional counseling 24 hours a day at the suicide prevention counseling call ☎109 or the suicide prevention SNS counseling "Madlan." Violinist Yasunao Ishida is not to be deterred.A decade ago he formed a string ensemble they performed at the Nippon Budokan hall in Tokyo It is rare for a string ensemble to perform alone at such a large venue and one that some call a “holy ground for rock.” For years at concerts Ishida voiced this ambitious goal for his group but at first he was met with laughter from audiences People apparently thought he was joking.Ishida Gumi which draws its members mostly from various leading orchestras nationwide thanks to a wide repertoire that ranges from classical music to film scores to tango to rock The ensemble now gives about 30 performances a year across the country many of them selling out at venues such as Suntory Hall in Tokyo The Budokan concert attracted about 8,300 people and tickets sold out months beforehand.With glaring lights and grandiose staging like nothing you would expect from classical musicians the concert opened with “Battle Without Honor or Humanity,” a score by rock musician Tomoyasu Hotei that was used in the film “Kill Bill.” The ensemble also played such rock pieces as Queen’s “Bohemian Rhapsody” and Led Zeppelin’s “Stairway to Heaven,” as well as Astor Piazzolla’s tango pieces while changing up the mood with classical pieces including Ravel’s “Pavane for a Dead Princess” and Bizet’s “Farandole.” The excitement grew heated when they performed Deep Purple’s “Burn,” the stage bursting with pyrotechnics The concert ended with Oasis’ “Whatever,” an encore with numerous gold and silver streamers showering on the audience please disable the ad blocking feature and reload the page This website uses cookies to collect information about your visit for purposes such as showing you personalized ads and content By clicking “Accept all,” you will allow the use of these cookies Users accessing this site from EEA countries and UK are unable to view this site without your consent By Ayako Hirayama / Japan News Staff Writer Violinist Yasunao Ishida is not to be deterred it was truly wonderful,” Ishida said of the concert I’m about to burst into tears,” said Nobue Mikami a Tokyoite who has seen Ishida Gumi perform “countless times.” “Their sound is amazing I want more people to listen to their music.” which you can tell from a T-shirt he wears that reads “I’m the best.” A growing number of young people make up his audience and the ensemble seems to have more fans than ever Ishida is also solo concertmaster for the Kanagawa Philharmonic Orchestra and a special guest concertmaster for the City of Kyoto Symphony Orchestra and he plays as a member of other musical groups as well He is one of the most sought-after violinists in Japan Even the Budokan concert was not his end goal Ishida now aims to appear on NHK’s program “Kohaku Utagassen” (“Red & White Year-end Song Festival”) which can hold more people than the Budokan as he tries to transcend the bounds of classical music “I believe Ishida Gumi will evolve even further so I hope people will continue to support us,” Ishida said Our weekly ePaper presents the most noteworthy recent topics in an exciting © 2025 The Japan News - by The Yomiuri Shimbun All Headlines North Korea Sports Top News Most Viewed Korean Newspaper Headlines Today in Korean History Yonhap News Summary Editorials from Korean Dailies 22 (Yonhap) -- Singer Lee Seung-hwan has filed a 250 million-won (US$174,000) damages suit against Gumi Mayor Kim Jang-ho over his "unlawful" cancellation of the artist's concert venue reservation just two days before the event The legal dispute arose after Gumi city officials abruptly canceled Lee's reservation for the Grand Performance Hall at the Gumi Arts Center where the artist was set to hold a concert marking his 35th anniversary on Dec The cancellation followed the 59-year-old singer's criticism of President Yoon Suk Yeol during a rally in Seoul by progressive activists calling for the president's impeachment over his botched martial law imposition who legally represents singer Lee Seung-hwan speaks to reporters upon arriving at the Seoul Central District Court in southern Seoul to file a damages suit against Gumi Mayor Kim Jang-ho Mayor Kim stated the decision to cancel the concert was made for public safety claiming Lee had refused to submit a written pledge agreeing not to make politically sensitive comments during the performance argue the demand for such a pledge and the subsequent cancellation were illegal "This kind of unilateral cancellation is extremely unusual especially for an event at a venue with over 1,000 paid seats," said Lim Jae-sung "We plan to examine whether the Gumi city government considered alternative measures to address the alleged safety concerns or made any genuine attempts to implement other safety protocols." filed Wednesday with the Seoul Central District Court names Mayor Kim and the Gumi city government as defendants The plaintiffs include Lee; his concert agency Dream Factory Club; and 100 fans who had purchased tickets for the show Lee plans to file a petition with the Constitutional Court challenging the city government's demand for a written pledge as a potential violation of his constitutional rights to freedom of expression and conscience Singer Lee Seung-hwan is seen in this photo provided by Dream Factory All News National Economy/Finance Biz Culture/K-pop Images Videos Korean Newspaper Headlines Korea in Brief Useful Links Weather Advertise with Yonhap News Agency Japanese game developer Gumi has offered buyouts to 80 employees in face of financial losses due to underperforming mobile titles Japanese mobile game developer Gumi has announced that it will be soliciting voluntary resignations from employees in Japan. The company had already been laying off staff in overseas offices but will now be offering buyouts to Japanese staff as well. The developer plans to cut about 11% of its current workforce and sell some of its assets in face of financial difficulties (Source: Gamebiz) Gumi posted a loss of 5.934 billion yen (about $38 million) mostly related to the severe underperformance of their newly launched mobile RPG Aster Tatariqus To tackle these losses and worsening market conditions Gumi will be refraining from developing new and “risky” original IPs for the time being pursuing stable and low-cost forms of revenue the company will be cutting down its workforce 80 of which are expected to be made redundant via buyouts in the following month Employees who accept the company’s offer to resign will receive “beneficial retirement packages” and outplacement support As Japan’s labor law makes dismissing employees (especially “on the spot” like in the US) complicated and time-consuming what we’re seeing with Gumi is a rather rare case and most likely the closest a Japanese employer can get to carrying out mass layoffs.  With the mobile game market losing momentum, professionals in Japan’s game industry have recently suggested that we might see more ex-mobile game companies entering the console and PC game markets.   She grew up playing Duke Nukem and Wolfenstein with her dad and is now enamored with obscure Japanese video games and internet culture Currently devoted to growing Automaton West to the size of its Japanese sister-site while making sure to keep news concise and developer stories deep and stimulating Dynasty Warriors Origins focused on balanced sex-appeal that doesn’t compromise female characters’ roles and backgrounds, says series producer  Japanese NFT game company’s currency crashes after users discover infinite money glitch Shin Megami Tensei artist Kazuma Kaneko says teaching AI to draw like him was more time-consuming than making art from scratch  and website in this browser for the next time I comment The mobile market is unsustainable and not consistent as a whole It does make sense they would begin laying people off and to start projects on PC and Console as it is right now AUTOMATON WEST is operated by Active Gaming Media Inc.Reproduction in any form or medium without acknowledgment of Active Gaming Media Inc Copyright © 2025 - AUTOMATON WEST / Theme by Creative Themes a subsidiary of Japan‘s Toray Industries which is a global leader in carbon fiber technology announced an aggressive expansion of its advanced materials production facilities in Gumi TAMK aims to enhance production of IT films and aramid fibers high-value materials known for their superior performance and profitability as part of its strategy to improve profitability and address market dynamics The company and the South Korean Ministry of Trade and Energy held a groundbreaking ceremony for the new IT film and aramid fiber production plants at Toray ‘s Gumi facility on Wednesday It plans to invest over $100 million in expanding its production capacity for aramid fibers and polyester films The IT film Plants 13 and 14 are being built to manufacture release films for multilayer ceramic capacitors (MLCCs) with an annual production target of 300 million square meters MLCCs are crucial components for storing and discharging energy in electronics such as smartphones With the expected 10 percent annual growth of the MLCC market through to 2030 the demand for MLCC release films is also anticipated to rise with its global competitiveness in MLCC release films aims to strengthen quality and supply stability to meet this growing demand The company also announced plans to expand the production of its aramid fiber with the construction of Gumi Plant No targeting an annual output of 3,000 tons by mid-2025 Combined with the existing output from Gumi Plant No total annual production is expected to reach 5,400 tons Aramid fibers are advanced materials known for their strength - five times stronger than steel - and their resistance to heat up to 500 degrees Celsius used for fire-resistant clothing and insulation which features high strength for use in bulletproof vests Toray produces meta-aramid fibers at its facility The aramid fiber market is projected to grow annually by 5 percent through 2030 drawing increasing attention as a future material The company also plans to incorporate eco-friendly processes such as expanding the use of undyed raw materials to prevent pollution and promote environmental protection Toray Industries has invested around 5 trillion won ($3.62 billion) in Korea over the past 60 years making it the largest investor among Japanese manufacturers in the country This investment has created approximately 4,000 local jobs Toray Industries pledged investment in aramid fiber production during Korean Trade Industry and Energy Minister Ahn Duk-geun‘s visit to Japan in April 2024 It subsequently signed a memorandum of understanding to invest 500 billion won in advanced materials at the Gumi National Industrial Complex through to 2025 This website contains information relating to nicotine and alcohol products You should not proceed if you are under the age of 18 and has been responsible for constructing some of Japan's most iconic landmarks including Shitenno-ji Despite becoming a subsidiary of Takamatsu Construction Group in January 2006 Kongo Gumi has continued to thrive and maintain its traditional miyadaiku craftsmanship Kongo Gumi has received international recognition for preserving these ancient traditions while maintaining a high level of craftsmanship shakes hands with Toray Industries President and CEO Akihiro Nikkaku at the Conrad Seoul on April 19 where the two discussed the company’s investment in manufacturing facilities in Korea Gumi University ranked first in the national college (based on more than 2,500 students) in annual average scholarships per student for the fifth consecutive year Gumi University announced that the university's official information disclosure site "University Alert," was announced on the 30th in the status of scholarships for 135 colleges nationwide in 2023 According to the results of the disclosure Gumi University ranked first in the country with an average annual scholarship of 5.46 million won per student The annual average scholarship of 5.46 million won per person is 93% of the annual average tuition of 5.87 million won The actual tuition burden is about 200,000 won per student per semester on average The scholarship payment rate of Gumi University showed more than 80% of the average annual tuition per person from 2018 to 2021 and exceeded 90% in 2022 Gumi University's annual average scholarship per person in 2019 is increasing every year from 4.81 million won (average 3.5 million won for junior colleges) to 4.82 million won (average 3.52 million won for junior colleges) in 2020 4.85 million won for 21 years (average 3.53 million won for junior colleges) 5.3 million won for 22 years (average 3.8 million won for junior colleges) and 5.46 million won for 23 years (average 3.84 million won for junior colleges) More than 95% of students received scholarships in 2023 due to the wide range of scholarship benefits Gumi University's scholarship benefits vary from about 20 types certificates and foreign language special scholarships scholarships paid to students participating in certificates and foreign language special lecture programs and mentoring scholarships that improve their learning ability by forming mentors and mentees among students are highly involved and satisfied "Gumi University operates a wide scholarship system so that students can receive practical scholarship benefits," adding "We will do our best to help students study and advance into society without any burden of tuition and worry about employment." Odinaka Anudu $(document).ready(function(){(adsbygoogle = window.adsbygoogle || []).push({})});