Wowow Inc.
Notice of Completion of Joint Venture for Entertainment Video Distribution Business “Lemino”
In relation to the capital and business alliance involving the joint venture of the Lemino business, Wowow Inc. and NTT Docomo have finalized the establishment of the joint new company "WOWOW Lemino" and the share allocation (Wowow Inc. 51%, Docomo 49%). The new company's establishment date, name, and location have been announced; payment for the third-party allotment has been completed and the financial impact is under review.
Key Figures
- New company name: Wowow Inc. Lemino
- New company establishment date: June 17, 2026
- Investment ratio: Wowow Inc. 51%, NTT Docomo 49%
- Capital: 1,000,000,00 yen
- Effective date of company split, share transfer, and payment completion: 2026-10-01
AI要約
Overview of New Company Establishment and Joint Venture
Wowow Inc. implemented an absorption-type company split to transfer the entertainment video distribution business "Lemino" to a new company jointly with NTT Docomo, and established the new company through a third-party allotment. The new company "WOWOW Lemino" is funded 51% by Wowow Inc. and 49% by NTT Docomo. The establishment of the new company, the absorption-type company split, share transfer, and the effectiveness of this capital and business alliance took effect on October 1, 2026. The new company also commenced operations on the same date.
Future Impact and Planned Disclosures
The impact on consolidated results for the fiscal year ending March 2027 is currently under review. Any additional matters requiring disclosure will be announced promptly. Officers of the new company will be newly appointed, and the capital relationship between the two companies may affect consolidated financials through subsidiaries.
Wowow Inc.
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