TOKYO, Mar 30 (Pulse News Wire) – Globalway,inc. (3936.T) announced today that its subsidiary, TimeTicket Co., Ltd., will establish a new subsidiary named Westgate Entertainment Co., Ltd.
The decision was made during a board meeting held. Westgate Entertainment Co., Ltd. will focus on supporting and managing talent involved in live entertainment activities beyond TikTok Live agency services. The new entity will have a capital of ¥50 million and is scheduled to be established in April 2026.
TimeTicket Co., Ltd., which holds a stake of 29% in the parent company, will own the new subsidiary with a stake of 75.0%. In addition, the newly formed subsidiary will operate from the same location as TimeTicket Co., Ltd., located at Ensuite Myojomei 5th Floor, 19-13, 6-chome, Shibuya-ku, Tokyo. The establishment of this subsidiary is expected to have a minor impact on Globalway's consolidated performance for the fiscal year ending March 2026. Any significant developments related to this initiative will be disclosed promptly.
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