Gala Incorporated Auditor Raises 'Going Concern' Doubt

GALA INCORPORATED is a Japan-based company mainly engaged in the development and operation of applications for smartphones and tablet personal computers (PCs), and online games. The Company has two regional segments. The smartphone applications operation and development business is engaged in the sale agency of licenses for smartphone applications, tablet PC applications and online games, as well as the planning, development and operation of applications for smartphones and tablet PCs for general consumers. The online game publishing business is engaged in the development of massively multiplayer online role playing games (MMORPGs) for general consumers, the creation and operation of portal sites for online games, as well as the provision of developed online game licenses to publishers in various countries. The Company operates in the domestic market and Korea market.