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  "documentTitle": "Datasection, Inc. (3905.TYO)",
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  "authorName": "Wolfpack Research",
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  "presentationDate": "2025-10-08 00:00:00",
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  "notes": "This page is part of a research note exposing potential fraud and geopolitical risks associated with Datasection.",
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      "text": "We expect Datasection and Tencent (if that is indeed their China-based backer as we have heard) to be forcibly decoupled which will result in near total annihilation for Datasection because we think that without Tencent, this is not a business worth investing in.",
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      "text": "We learned from former KDDI employees that the only reason Datasection was involved was because the CEO Norihiko Ishihara had a personal connection with Bob Xia.",
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      "text": "Shockingly, we learned from multiple former KDDI employees that Datasection's GPUs are not going to be housed at the location that had originally been touted as Asia's largest datacenter.",
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      "text": "The Bureau of Industry and Security (BIS) expressly restricts the use of NVIDIA chips from reaching China. Datasection's work with Tencent is a flagrant violation and could result in a blacklisting.",
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      "text": "One of the Directors for Datasection is John Ellis Bush Jr. We think President Trump will not be devastated to learn that Jeb's son is a director for a foreign company that is enabling a Chinese military company access to restricted AI technology.",
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      "text": "We believe the company's Chinese backing was behind Datasection's decision to change auditors. The new auditor is Amaterasu Limited Audit Company, a relatively unknown auditor.",
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      "text": "Datasection has relied on First Plus Financial Holdings for financing. This is a firm located in Singapore whose CEO has deep ties to China. Singapore is also reportedly a conduit for the illegal smuggling of NVIDIA chips into China.",
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      "text": "We expect Datasection and Tencent to be forcibly decoupled which will result in near total annihilation for Datasection because we think that without Tencent, this is not a business worth investing in.",
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      "text": "Enterprises. Following KDDI's lead is Nippon Life who just yesterday slashed their reported stake in Datasection from 6.69% to zero.",
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      "text": "Page 2 of 15",
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