Hatena shares trade for the first time in two days; briefly hit a year-to-date low before rebounding in volatile trading

Hatena resumed trading after a two-day price-discovery halt tied to a fraudulent transfer-related cash outflow disclosure.

The stock opened sharply lower at 850 yen, marking a new year-to-date low.

It later rebounded to 946 yen by midday on heavy volume.

The reported unauthorized transfers totaled up to about 1.1 billion yen, far exceeding the company’s full-year operating profit forecast.