TBS Holdings,Inc.
Notice on the Establishment of a Joint Venture with CJ ENM Co., Ltd and U-NEXT HOLDINGS Co., Ltd.
TBS Holdings, Inc. established a joint venture, StudioMonowa, with CJ ENM and U-NEXT HOLDINGS. Capital is 1,250 million yen, shareholding ratio is CJ ENM 51%, our company 40%, U-NEXT HOLDINGS 9%, with the establishment date of April 10, 2026.
Key Figures
- Capital: 1,250 million yen
- Net Assets: 2,500 million yen
- Shareholding Ratio (Our Company): 40%
AI要約
Overview of the Joint Venture Establishment
TBS Holdings, Inc. has jointly established a joint venture company, StudioMonowa, with South Korea's CJ ENM Co., Ltd and U-NEXT HOLDINGS Co., Ltd, aimed at planning video content, procuring, investing in, and developing IP. The capital is 1,250 million yen, with net assets and total assets of 2,500 million yen. The establishment date is April 10, 2026. The shareholding ratio is CJ ENM 51%, our company 40%, and U-NEXT HOLDINGS 9%. Gi-Young Choi is scheduled to be appointed as Representative Director and CEO.
Future Outlook and Relationship
The joint venture will become an affiliate of our company, and several officers from our company and subsidiaries are planned to concurrently serve as directors and executive officers. Currently, there are no relevant transactions. This capital alliance is positioned as a strategic partnership aimed at establishing a global production system for IP. Although future business development and profit contribution are uncertain at this time, strengthening the video content business is expected.