TOKYO, May 25 (Pulse News Wire) – GALA Incorporated (4777.T) announced today that it has excluded TreeFull Corporation from its consolidated subsidiaries due to a reduction in its equity stake below the threshold for significant influence. On April 30, 2026, GALA decided not to exercise its rights to subscribe for new shares during TreeFull's share issuance.
As a result, GALA’s voting rights stake in TreeFull fell to 15.55%. Consequently, GALA lost substantial control over TreeFull, leading to its exclusion from the group's consolidation scope.
Looking ahead, GALA stated that it is currently assessing the impact of this exclusion on future consolidated performance. Any further developments related to accounting impacts will be disclosed promptly.
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