【Gala】Subsidiary Establishment and Business Development｜July 2026

Overview of Subsidiary Establishment

Gala has resolved to establish a subsidiary, Gala Next Corporation, on July 22, 2026, to promote its e-commerce related and alcohol sales businesses. The new company will be headquartered in Chiyoda-ku, Tokyo, with Mr. Kim Ji-yong expected to assume the position of President and Representative Director. The share capital is 1,000,000 yen, and the registration of incorporation is planned for August 2026. The subsidiary will be wholly owned by Gala and will handle the operation of the Shoport platform and marketing. The establishment aims to accelerate decision-making and clarify business responsibilities.

Future Outlook and Impact

The establishment of the subsidiary is expected to have a minimal impact on the consolidated financial results for the fiscal year ending December 2026. The company will promptly disclose any significant events that could have a material impact going forward. The establishment is part of efforts to improve business agility and develop new business areas, positioned as a component of long-term growth strategies.