Corporate Events

GungHo Online Entertainment, Inc. announced that, by resolution of its Board of Directors dated on September 24, 2025, the Company has resolved to submit a proposal on the "Partial amendment of the Articles of Incorporation (removal of the clause that adds the requirements for resolutions to dismiss directors that had been introduced at the time of the enactment of the Companies Act.

On July 28, 2025, GungHo Online Entertainment, Inc. announced the establishment of a record date for the exercise of voting rights at an extraordinary general meeting of shareholders, scheduled for September 2025. The record date has been set for August 12, 2025, meaning that shareholders listed in the final registry as of this date will be eligible to vote. This decision follows a request from shareholders for convening the meeting, which is currently under careful consideration by the company. The announcement was made electronically and is available on their website, with further details regarding the meeting's date, time, location, and agenda to be communicated promptly if the meeting proceeds.

On August 15, 2025, GungHo Online Entertainment, Inc., has received two shareholder proposals for consideration at its extraordinary general meeting scheduled for September 24, 2025. The first proposal is for a Partial Amendment of the Articles of Incorporation (Removal of the Clause to Increase the Requirements for the Resolution to Dismiss Directors), which aims to revert dismissal requirements to those stipulated in the Companies Act. The company opposes this proposal, arguing that the existing clause ensures a more stable governance structure. The second proposal seeks the Dismissal of Director Kazuki Morishita, with the proposing shareholders asserting that he has failed to enhance shareholder value, as evidenced by a significant decline in market capitalization and operating profit over the past decade. The company’s Board of Directors firmly opposes this dismissal, stating that President Morishita has made substantial contributions to the company’s success, including the long-term profitability of key titles like Puzzle & Dragons. They argue that the shareholders' reasons do not justify his removal, emphasizing that his leadership is crucial for the company's future stability and growth.

On July 23, 2025, GungHo Online Entertainment, Inc., has acknowledged the receipt of a request from shareholders for the convocation of an extraordinary general meeting. The request, submitted by INTERTRUST TRUSTEES (CAYMAN) LIMITED SOLELY IN ITS CAPACITY AS TRUSTEE OF JAPAN-UP and Strategic Capital, Inc., pertains to two main agenda items: the Amendment of the Articles of Incorporation (Removal of the Clause that Increases the Requirements for the Resolution to Dismiss Directors) and the Dismissal of Director Kazuki Morishita. The requesting shareholders have held over 3% of the company's voting rights for the past six months. The company has stated that it will carefully consider the request and disclose its decision promptly.

GungHo Online Entertainment, Inc., Board Meeting, Jul 28, 2025. Agenda: To consider and approve designation of record date of convocation of EGM.

GungHo Online Entertainment, Inc., Q2 2025 Earnings Call, Aug 08, 2025

GungHo Online Entertainment, Inc. announced that they will report Q2, 2025 results on Aug 08, 2025

On April 2, 2025, GungHo Online Entertainment, Inc, announced that it held its annual general meeting of shareholders on March 28, 2025, and declared voting results. Accordingly, the shareholder proposals from Strategic Capital, Inc regarding Proposal No: 3) Decision on remuneration to add disclosure conditions for changes to fixed remuneration for the representative director, Proposal No: 4) Decision on changes to the composition ratio of fixed remuneration and performance-linked remuneration, as well as the calculation method for performance-linked remuneration, Proposal No: 5) Decision on the abolition of the stock option system for executive directors and the granting of long-term incentive stock compensation, Proposal No: 6) Matter concerning the disposition of surplus funds, Proposal No:7) Amendment of the Articles of Incorporation regarding the decision-making body for the distribution of surplus funds, Proposal No: 8) Amendment of the Articles of Incorporation regarding the cancellation of treasury stock were rejected by the shareholders, and the Proposal No: 9) Amendment of the Articles of Incorporation regarding the cancellation of treasury stock was contingent upon the approval of Proposal No. 8; however, since Proposal No. 8 was rejected, it was not brought up as a proposal.

GungHo Online Entertainment, Inc., Board Meeting, Apr 14, 2025. Agenda: To discuss the details of the issuance of stock option as stock based compensation.

GungHo Online Entertainment, Inc. announced dividend for the fiscal year ended December 31, 2024. For the year, the company announced dividend of JPY 60.00 per share against JPY 30.00 per share a year ago. Effective date is March 31, 2025.

GungHo Online Entertainment, Inc. expected to report First-Half, 2025 results on August 8, 2025. This event was calculated by S&P Global (Created on April 4, 2025).

GungHo Online Entertainment, Inc., Q1 2025 Earnings Call, May 09, 2025

From February 14, 2025 to March 18, 2025, the company has repurchased 1,638,900 shares, representing 2.94% for ¥4,999.82 million. With this, the company has completed the repurchase of 1,638,900 shares, representing 2.94% for ¥4,999.82 million under the buyback announced on February 14, 2025.

The company closed its plan on March 18, 2025.

GungHo Online Entertainment, Inc. (TSE:3765) announces a share repurchase program. Under the program, the company will repurchase up to 1,800,000 shares, representing 3.22% of its issued share capital for ¥5,000 million. The purpose of the program is improving shareholder returns through implementing flexible capital policies and improving capital efficiency in response to changes in the business environment. The repurchased shares will be cancelled. The program is valid till March 24, 2025. As of December 31, 2024, the company had 55,820,084 shares issued (excluding treasury stock) and 27,341,332 shares in treasury.

The Board of Directors of GungHo Online Entertainment, Inc. has authorized a buyback plan on February 14, 2025.

GungHo Online Entertainment, Inc. announced that they will report Q1, 2025 results on May 09, 2025

GungHo Online Entertainment, Inc., Board Meeting, Feb 14, 2025. Agenda: To consider the notice regarding the status of treasury share acquisition.

GungHo Online Entertainment, Inc., Annual General Meeting, Mar 28, 2025, at 10:00 Tokyo Standard Time. Location: Grand Prince Hotel Shin Takanawa “International Convention Center Pamir” , 3-13-1 Takanawa Minato-ku Tokyo Japan Agenda: To consider the consolidated and non-consolidated financial statements for the 28th term (from January 1, 2024 to December 31, 2024; to consider the election of ten directors; to consider the election of three directors; to consider to amend the articles of incorporation; to consider to cancel treasury share; and to consider other matters.

GungHo Online Entertainment, Inc. expected to report Q1 2025 results on May 13, 2025. This event was calculated by S&P Global (Created on February 15, 2025).

GungHo Online Entertainment, Inc., 2024 Earnings Call, Feb 14, 2025

GungHo Online Entertainment, Inc. announced that they will report fiscal year 2024 results on Feb 14, 2025

GungHo Online Entertainment, Inc. (TSE:3765) agreed to acquire Alim Co., Ltd. from gumi Inc. (TSE:3903) for approximately ¥590 million on December 18, 2024. A cash consideration of ¥589.74 million will be paid by GungHo Online Entertainment, Inc. As part of consideration, ¥589.74 million is paid towards common equity of Alim Co., Ltd. For the period ending April 30, 2024, Alim Co., Ltd. reported total revenue of ¥1.42 billion and EBIT of ¥120.76 million. As of April 30, 2024, Alim Co., Ltd. reported total assets of ¥1.1 billion and total common equity of ¥873.46 million. The expected completion of the transaction is December 27, 2024.

GungHo Online Entertainment, Inc. expected to report Fiscal Year 2024 results on February 14, 2025. This event was calculated by S&P Global (Created on October 18, 2024).

GungHo Online Entertainment, Inc. announced that Disney Pixel RPG, a brand-new mobile RPG for iOS and Android, has been live since October 7, 2024. An in-game Release Celebration Login Bonus is currently underway to commemorate the official release. Explore with beloved Disney characters brought to life in a unique pixel art style in Disney Pixel RPG. Set out across multiple game worlds with battle, action, and board theme world challenges, with each world inhabited by many different Disney characters. Engage with an original mystery and watch it unfold with customer trusted companion Mickey Mouse and other characters. Players can control characters directly or battle automatically, however players prefer to play. Players can also customize their characters by completing challenges to get rewards like new outfits and items. From official release until January 11th, 2025. From official release until December 27th, 2024.

GungHo Online Entertainment, Inc., Q3 2024 Earnings Call, Nov 12, 2024

GungHo Online Entertainment, Inc. announced that they will report Q3, 2024 results on Nov 12, 2024

GungHo Online Entertainment, Inc. announced a new trailer and images of “Disney Pixel RPG”, which is planned for release for both iOS and Android™ in 2024. Disney Pixel RPGhas now surpassed 500,000 pre-registrations. The trailer’s tagline is “Embark on a dreamlike journey, filled with unexpected encounters,” and user can watch it on the official GungHo YouTube channel (https://youtu.be/iiXUvheKa-M) to learn about the story, battle system, and more. GungHo strives to create high-quality game content for players across the globe with a philosophy focused on operational improvements such that the company are always ready to tackle new challenges and create new projects. Title: Disney Pixel RPG - Genre: RPG - Supported Device: Device compatible with iOS 17.0 or above, Device compatible with Android™OS 9.0 or above - RAM: 4 GB or more. Supported Languages: English, Japanese, French, Italian, German, Spanish, Korean, Chinese (Traditional). Available Regions: Japan, Korea, Hong Kong, Taiwan, Macau, United States, Canada, Australia, UK, France, Italy, Germany, Spain, Malaysia, Philippines, Thailand, Singapore, Indonesia. Scheduled Date of Release: In 2024 . Price: Free to Play (In-game purchase will be available).