GALA INCORPORATED

4777 株式会社ガーラ

Electronic Gaming & Multimedia · Standard

PRICE: ¥200 · MKT CAP: ¥5.6B · P/E: — · P/B: 12.59x · DIV YIELD: 0.0%

PRICE — 5Y

Characteristics & Business Summary

Gala Incorporated, together with its subsidiaries, develops and operates smartphone applications in Japan and South Korea. The company also develops and operates online games and HTML5 games, as well as smartphone and tablet PC applications. In addition, it...

Income Statement Highlights (¥ Million, except EPS/DPS in ¥)

Fiscal Period	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Net Sales	985	601	3,208	1,498	2,351	2,589
Operating Profit	26	-298	438	-296	-448	-222
Ordinary Profit	93	-220	401	-262	-358	-253
Net Profit	-131	-186	320	-230	-908	-532
EPS	¥-7	¥-10	¥13	¥-9	¥-32	¥-19
DPS	¥0	¥0	¥0	¥0	¥0	¥0

Balance Sheet & Valuation Highlights

Total Assets ¥4B

Net Assets (Equity) ¥1B

Equity Ratio 12.2%

ROE (Return on Equity) -67.9%

Cash & Equivalents ¥1B

Interest-Bearing Debt ¥1B

Capital Expenditure (CapEx) ¥0B

Depreciation & Amort. ¥0B

Major Shareholders

1. Megazone Cloud Corporation （常任代理人リーディング証券株式会社） 36.0%
2. 菊川曉 16.2%
3. Rakuten Securities, Inc. 2.5%
4. Citibank, N.A. 1.0%
5. Citibank, N.A. 0.9%
6. SBI Securities Co., Ltd. 0.9%
7. 井上博幸 0.9%
8. 三菱UFJ eスマート証券株式会社 0.5%
9. 見城新 0.5%
10. SOCIETE GENERALE PARIS／BT REGISTRATION MARC／OPT （常任代理人ソシエテ・ジェネラル証券株式会社） 0.4%

Activist Activity

Satoru Kikugawa 16.22%

2026-01-08 · change

Satoru Kikugawa 16.22%

2025-12-12 · change

Megazone Cloud Corporation 36.04%

2025-12-12 · change

Satoru Kikugawa 20.21%

2025-09-17 · change

Megazone Cloud Corporation 32.84%

2025-09-17 · change

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenues per share	¥52	¥32	¥128	¥60	¥84	¥92
FCF/Share	¥20	¥-33	¥20	¥-13	¥-72	¥-6
EPS	¥-7	¥-10	¥13	¥-9	¥-32	¥-19
DPS	¥0	¥0	¥0	¥0	¥0	¥0
Capital Spending per share	¥0	¥2	¥2	¥8	¥61	¥3
Book Value per share	¥36	¥26	¥87	¥78	¥47	¥28
Common Shares Outstanding	19M	19M	25M	25M	28M	28M

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenues (Net Sales)	¥1B	¥1B	¥3B	¥1B	¥2B	¥3B
Operating Margin (%)	2.7%	-49.6%	13.7%	-19.8%	-19.0%	-8.6%
Net Profit (owners)	¥-0B	¥-0B	¥0B	¥-0B	¥-1B	¥-1B
Net Profit Margin (%)	-13.3%	-31.0%	10.0%	-15.4%	-38.6%	-20.6%
Working Capital	¥0B	¥-0B	¥1B	¥0B	¥-1B	¥-1B
Total Debt (Interest-bearing)	¥0B	¥0B	¥0B	¥0B	¥1B	¥1B
Net Worth (Common Equity)	¥1B	¥0B	¥2B	¥2B	¥1B	¥1B
Return on Total Assets (ROA)	-12.1%	-17.8%	10.6%	-6.9%	-20.8%	-14.6%
Return on Common Equity (ROE)	-19.2%	-37.5%	14.7%	-11.8%	-69.0%	-67.9%

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.