The document this correction applies to
Timely disclosureWhat was corrected and how
A subsequent correction by the company to the contents of an already published filing.
Notice Regarding Intra-Group Organizational Restructuring (Waiver of Claims Against a Subsidiary, Acquisition of Subsidiary Shares Through a Distribution in Kind, and Merger by Absorption of a Wholly Owned Subsidiary)
Open the original document1. Purpose and Background of the Reorganization, 2. Details of the Specific Procedures under the Reorganization, 3. Schedule of the Reorganization, 4. Summary of the Absorption-Type Merger (1) Note to the Merger Schedule, and 7. Future Outlook
Three-step structure. No mention of the waiver of receivables from gC Games.
Four-step structure. The waiver of receivables from gC Games has been added as Step 3. The amounts to be waived are ¥1,002 million in accounts payable and ¥192 million in deposits received, with execution scheduled for 31 August 2026 (予定). The absorption-type merger has been changed to Step 4.
The impact of this correction and the reorganization on consolidated results is expected to be minor. The impact on the Company's non-consolidated results of the waivers of receivables from gC Labs and gC Games under Steps 1 and 3, respectively, is likewise expected to be minor, as allowances for doubtful accounts relating to these receivables were already recorded in prior fiscal years.
The schedule and specific procedures described in the Notice Concerning an Intra-Group Reorganization (Waiver of Receivables from a Subsidiary, Acquisition of Subsidiary Shares through a Distribution in Kind, and Absorption-Type Merger of a Wholly Owned Subsidiary) contained errors, and this correction is being issued to rectify them.
| Item | Details |
|---|---|
| Disclosure subject to correction | Notice Regarding Intra-Group Organizational Restructuring (Waiver of Claims Against a Subsidiary, Acquisition of Subsidiary Shares Through a Distribution in Kind, and Merger by Absorption of a Wholly Owned Subsidiary) |
| Original disclosure date | 28 July 2026 |
| Location of correction | 1. Purpose and Background of the Reorganization, 2. Details of the Specific Procedures under the Reorganization, 3. Schedule of the Reorganization, 4. Summary of the Absorption-Type Merger (1) Note to the Merger Schedule, and 7. Future Outlook |
| Details of correction | Three-step structure. No mention of the waiver of receivables from gC Games. → Four-step structure. The waiver of receivables from gC Games has been added as Step 3. The amounts to be waived are ¥1,002 million in accounts payable and ¥192 million in deposits received, with execution scheduled for 31 August 2026 (予定). The absorption-type merger has been changed to Step 4. |
| Reason for correction | The schedule and specific procedures described in the Notice Concerning an Intra-Group Reorganization (Waiver of Receivables from a Subsidiary, Acquisition of Subsidiary Shares through a Distribution in Kind, and Absorption-Type Merger of a Wholly Owned Subsidiary) contained errors, and this correction is being issued to rectify them. |
| Impact on Business Performance | The impact of this correction and the reorganization on consolidated results is expected to be minor. The impact on the Company's non-consolidated results of the waivers of receivables from gC Labs and gC Games under Steps 1 and 3, respectively, is likewise expected to be minor, as allowances for doubtful accounts relating to these receivables were already recorded in prior fiscal years. |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Because there were errors in the schedule and specific procedures described in the original disclosure.