Worth reading
30Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
1101000000
Yen (approx.)Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
Secondary offering and share accumulation prescribed by Cabinet Order as an act equivalent to a tender offerCounterpartyMegazone Corporation, Megazone Cloud Corporation
Disclosing companyGALA INCORPORATED
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 Date3 September 2026 (scheduled)
Target company
Gaming
Consideration and expenses
Acquisition priceTo be stated after the secondary offering price is finalized (approximately ¥1,101,000,000)
Procedures and assumptions
Valuation methodologyA price equal to 120% of the average closing price for each day during the two months immediately preceding the transaction date, reflecting the premium valuation applicable to the largest shareholder under relevant Korean laws and regulations
Management structure after acquisitionMegazone Corporation will deepen its involvement in the management of GALA INCORPORATED as its direct largest shareholder
| Item | Details |
|---|---|
| Transaction name | Secondary offering and share accumulation prescribed by Cabinet Order as an act equivalent to a tender offer |
| Counterparty name | Megazone Corporation, Megazone Cloud Corporation |
| Name of the Subject Company | GALA INCORPORATED |
| Business Description of the Subject Company | Gaming |
| Acquisition price | To be stated after the secondary offering price is finalized (approximately ¥1,101,000,000) |
| Number of shares acquired | 4,495,581 shares and 44,955 voting rights |
| Voting rights ownership percentage | After 16.04% (before not disclosed) |
| Execution Date / Effective Date | 3 September 2026 (scheduled) |
| Valuation methodology | A price equal to 120% of the average closing price for each day during the two months immediately preceding the transaction date, reflecting the premium valuation applicable to the largest shareholder under relevant Korean laws and regulations |
| Management structure after acquisition | Megazone Corporation will deepen its involvement in the management of GALA INCORPORATED as its direct largest shareholder |
Items this document does not state (22)
Location 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 CompanyExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceDate of board resolutionContract DateIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution
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.To enable Megazone Corporation, which can make direct contributions in the gaming sector, including design, to deepen its involvement in the management of GALA INCORPORATED as its direct largest shareholder, taking into account the potential to create business synergies.
How to read this page
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.