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M&A and Subsidiary Changes4777GALA INCORPORATEDInformation and Communications, Services and Others

Notice Regarding the Finalization of the Change in a Consolidated Subsidiary (Exclusion from the Scope of Consolidation Due to a Decrease in Ownership Ratio)

Because the Company did not participate in 株式会社ツリーフル's capital increase by way of a shareholder allotment, its voting rights ownership ratio declined to 15.55%. As a result, 株式会社ツリーフル was excluded from the Company's consolidated subsidiaries and equity-method affiliates.

Worth reading
62In focus
Scored from 3 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
15.55
Voting rights ownership ratio (%)
Wording
Avoiding a definitive answer
How definitive the wording is.

This transaction

Change in a consolidated subsidiary (exclusion from the scope of consolidation due to a decline in the equity interest)
Disclosing companyGALA INCORPORATED
株式会社ツリーフルVoting rights ownership percentage

The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.

Execution Date / Effective Date25 May 2026 (the payment due date and the date on which the exclusion from the scope of consolidation was finalized)
Impact on Business Performance

Currently under review. The Company will promptly disclose any matters requiring disclosure, including the accounting impact on profit or loss resulting from the loss of control.

Procedures and assumptions
Conditions Precedent to ExecutionCompletion of payment by the other shareholders in the capital increase by way of a shareholder allotment
Management structure after acquisitionExcluded from the scope of the Company's consolidated subsidiaries and equity-method affiliates
This transaction
ItemDetails
Transaction nameChange in a consolidated subsidiary (exclusion from the scope of consolidation due to a decline in the equity interest)
Name of the Subject Company株式会社ツリーフル
Voting rights ownership percentageAfter 15.55% (before not disclosed)
Impact on Business PerformanceCurrently under review. The Company will promptly disclose any matters requiring disclosure, including the accounting impact on profit or loss resulting from the loss of control.
Execution Date / Effective Date25 May 2026 (the payment due date and the date on which the exclusion from the scope of consolidation was finalized)
Conditions Precedent to ExecutionCompletion of payment by the other shareholders in the capital increase by way of a shareholder allotment
Management structure after acquisitionExcluded from the scope of the Company's consolidated subsidiaries and equity-method affiliates
Items this document does not state (25)
Counterparty nameBusiness Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionContract DateValuation methodologyIndependent valuation institutionSpecial Committee

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The Company decided not to exercise its subscription rights for new shares in 株式会社ツリーフル's capital increase by way of a shareholder allotment, and the other shareholders completed their payments. As a result, the Company lost its substantive influence over 株式会社ツリーフル.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Finalization of the Change in a Consolidated Subsidiary (Exclusion from the Scope of Consolidation Due to a Decrease in Ownership Ratio) | GALA INCORPORATED (4777) timely disclosure | Komori