Notice Regarding Financial Results of Unlisted Other Affiliated Company: Belleisle Japan Inc.

GungHo Online Entertainment, Inc. provides a formal disclosure regarding the financial standing and corporate structure of its affiliated entity, Belleisle Japan Inc., for the fiscal year ending February 28, 2026. As an unlisted asset management firm based in Chiyoda-ku, Tokyo, Belleisle Japan Inc. maintains a capital stock of 80 million yen. The entity is entirely controlled by Taizo Son, who serves as the Representative Director and holds 100 percent of the company’s 104,060 issued shares.

The financial data for the period ending February 28, 2026, reveals a challenging fiscal year for the firm. Belleisle Japan Inc. reported net sales of 1.6 million yen against selling, general, and administrative expenses of 55.4 million yen, resulting in an operating loss of 53.7 million yen. After accounting for non-operating losses and extraordinary income, the company recorded a total net loss of 146.1 million yen.

As of the fiscal year-end, the company’s balance sheet reflects total assets of 10.6 billion yen, comprised of 518.4 million yen in current assets and 10 billion yen in non-current assets. Liabilities totaled 6.9 billion yen, while net assets stood at 3.6 billion yen. The retained earnings deficit of 766.5 million yen underscores the impact of the year's financial performance on the firm's overall equity position. This disclosure serves to maintain transparency regarding the financial health of GungHo Online Entertainment’s affiliated entities for stakeholders and regulatory compliance.