{"id":32065,"date":"2026-02-27T16:36:51","date_gmt":"2026-02-27T07:36:51","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/9401-20260227-01_wp_m_and_a_alliance\/"},"modified":"2026-02-27T16:36:51","modified_gmt":"2026-02-27T07:36:51","slug":"9401-20260227-01_wp_m_and_a_alliance","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-9401\/ir\/9401-20260227-01_wp_m_and_a_alliance\/","title":{"rendered":"Announcement Regarding the Establishment of a Joint Venture with CJ ENM Co., Ltd and U-NEXT HOLDINGS Corporation"},"content":{"rendered":"<p>TBS Holdings, Inc. will establish a joint venture with CJ ENM (51% equity stake) and U-NEXT HOLDINGS (9% equity stake), with capital of 1.25 billion JPY, planned for April 2026.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-27","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/9401-20260227-01.pdf","jir_short_summary":"TBS Holdings, Inc. will establish a joint venture with CJ ENM (51% equity stake) and U-NEXT HOLDINGS (9% equity stake), with capital of 1.25 billion JPY, planned for April 2026.","jir_summary":"### Overview of Joint Venture Establishment\nTBS Holdings, Inc. has concluded a joint venture agreement with South Korea's CJ ENM and U-NEXT HOLDINGS Corporation, planning to establish a joint venture in April 2026. The capital will be 1,250 million JPY, with equity stakes of 51% for CJ ENM, 40% for our company, and 9% for U-NEXT HOLDINGS. The joint venture is scheduled to be established in Tokyo and will primarily engage in planning video content and procurement, investment, and development of IP. This initiative is based on the \u201cTBS Group Medium-Term Management Plan 2026,\u201d aiming to build a global production system for IP originating from Japan and Korea.\n\n### Outlook and Impact\nThe impact of establishing this joint venture on our consolidated financial results is expected to be minor, and we plan to provide additional disclosures as necessary in the future. By combining CJ ENM\u2019s world-class production and development system, U-NEXT HOLDINGS\u2019 one of the largest domestic distribution platforms, and our content production capabilities, we aim to maximize the value of IP originating from Japan and accelerate growth in the global market.","jir_financial_highlights":"Capital: 1,250 million JPY (Unknown)\nEquity Ratio: CJ ENM: 51%, Our company: 40%, U-NEXT HOLDINGS: 9% (Unknown)\nPlanned Establishment Date: April 2026 (Unknown)","jir_category":"","jir_hashtags":"#TBSHoldings, #MandACapitalAlliance, #JapaneseStocks","jir_key_figures":"Capital: 1,250 million JPY\nEquity Ratio: CJ ENM 51%, TBS Holdings, Inc. 40%, U-NEXT HOLDINGS 9%\nPlanned Joint Venture Establishment Date: April 2026","jir_meta_title":"TBS Holdings, Inc. to Establish Joint Venture with CJ ENM and U-NEXT HOLDINGS (Capital 1.25 Billion JPY)","jir_meta_description":"TBS Holdings, Inc. plans to establish a joint venture with CJ ENM and U-NEXT HOLDINGS in April 2026. The capital is 1.25 billion JPY, with equity stakes of 51% for CJ ENM, 40% for our company, and 9% for U-NEXT, aiming to strengthen the global IP production system.","jir_og_title":"TBS Holdings Announces Joint Venture with CJ ENM and U-NEXT","jir_og_description":"TBS Holdings will establish a joint venture with CJ ENM and U-NEXT HOLDINGS to enhance its global IP production system.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7600,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"m_and_a_alliance","footnotes":""},"sector":[],"importance":[],"class_list":["post-32065","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Announcement Regarding the Establishment of a Joint Venture with CJ ENM Co., Ltd and U-NEXT HOLDINGS Corporation - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-9401\/ir\/9401-20260227-01_wp_m_and_a_alliance\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-9401\/ir\/9401-20260227-01_wp_m_and_a_alliance\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-9401\/ir\/9401-20260227-01_wp_m_and_a_alliance\/\",\"name\":\"Announcement Regarding the Establishment of a Joint Venture with CJ ENM Co., Ltd and U-NEXT HOLDINGS Corporation - 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