ガーラジャパン, a long-established PC online game operator, to be dissolved and liquidated after scaling back operations and becoming dormant in recent years

Announced the dissolution and liquidation of ガーラジャパン, ガーラ's consolidated subsidiary. The move involves waiving ¥912 million in receivables, and the company had been dormant in recent years after scaling back its PC online game business.

Read in fullFrom the source, not the headline

sources corroborateOutlets reporting the same event

companies linkedAcross 0 themes, second pass

The story

ガーラ<4777> announced today that it will dissolve and liquidate its consolidated subsidiary, ガーラジャパン. It also said that it will waive ¥912 million in receivables.

ガーラジャパン was previously known for operating Flyff Online and Rappelz.

In recent years, it shifted from PC online games to mobile games while also operating a cloud-related business, but it scaled back its operations and had effectively ceased business activities.

The decision is intended to improve the group's management efficiency.

At a glance

Event summaryAnnounced the dissolution and liquidation of its consolidated subsidiary ガーラジャパン.

Amount of receivables waivedWill waive ¥912 million in receivables.

Target subsidiariesDissolution and liquidation of ガーラジャパン.

Previous businessOperated Flyff Online and Rappelz.

Current StatusIn recent years, it withdrew from PC online games and became effectively dormant as it scaled back its operations.

Reference information. Every claim resolves to something the story actually named.

Where this came from

We read each source in full and checked they agree on the core claim.

1/ 1 agree

All of them report the same thing.

gamebiz.jpNews

PrimaryOpen

Read the original articleGo to the source page

Reference information generated from public sources. It does not solicit or advise on investments. Prices are 15-minute delayed.