{"id":37909,"date":"2026-03-30T19:02:20","date_gmt":"2026-03-30T10:02:20","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/7860-20260330-01_wp_business_update\/"},"modified":"2026-03-30T19:02:20","modified_gmt":"2026-03-30T10:02:20","slug":"7860-20260330-01_wp_business_update","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-7860\/ir\/7860-20260330-01_wp_business_update\/","title":{"rendered":"Notice Regarding Establishment of Special Purpose Companies (SPCs)"},"content":{"rendered":"<p>Two special purpose companies for music rights management will be established in the U.S. in March 2026, each capitalized at USD 6 million with possible increase up to USD 50 million, aiming to strengthen the music catalog acquisition business.<\/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 center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"7860","jir_company_name":"Avex Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-30","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/7860-20260330-01.pdf","jir_short_summary":"Two special purpose companies for music rights management will be established in the U.S. in March 2026, each capitalized at USD 6 million with possible increase up to USD 50 million, aiming to strengthen the music catalog acquisition business.","jir_summary":"### Overview of SPC Establishment\nAvex Inc. resolved to establish two special purpose companies (SPCs), Avex Catalog Fund 1 LLC and Avex Song Fund 1 LLC, in the U.S. in March 2026 to strengthen the management and operation of music catalogs. Both companies are planned to be established in Delaware, USA, with capital of USD 6 million each and an option to increase up to USD 50 million. These SPCs will be consolidated subsidiaries of Avex Music Group LLC, a wholly-owned subsidiary of the Company, and will focus on managing and operating music-related rights.\n\n### Outlook and Financial Impact\nThe impact of this investment on consolidated results for the fiscal year ending March 2026 is expected to be minimal. Financing for music catalog acquisitions will utilize non-recourse loans from local financial institutions to control interest costs while leveraging debt. This approach enables acquisition of large music catalogs, maximizing financial returns. Additional acquisitions and new sales-related deals are also anticipated.","jir_financial_highlights":"Capital (Avex Catalog Fund 1 LLC): USD 6 million (planned) (Unknown)\nCapital (Avex Song Fund 1 LLC): USD 6 million (planned) (Unknown)\nMaximum Capital (Depending on music catalog acquisition status): Up to USD 50 million (Unknown)","jir_category":"","jir_hashtags":"#AvexInc, #business_update, #JapaneseStocks","jir_key_figures":"Capital of Avex Catalog Fund 1 LLC: USD 6 million (planned)\nCapital of Avex Song Fund 1 LLC: USD 6 million (planned)\nMaximum capital: Up to USD 50 million (depending on music catalog acquisition status)","jir_meta_title":"Avex to Establish Music Catalog Management SPCs in the U.S. with Capital up to USD 50 Million","jir_meta_description":"Avex Inc. will establish special purpose companies for music rights management in the U.S. in March 2026. Each SPC will be capitalized at USD 6 million, with potential increases up to USD 50 million, strengthening the global expansion of its music business.","jir_og_title":"Avex Announces Establishment of Music Catalog Management SPCs in the U.S.","jir_og_description":"Avex is establishing special purpose companies in the U.S. to enhance its music catalog management and operations business, with capital increases planned up to USD 50 million.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17242,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-37909","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>Notice Regarding Establishment of Special Purpose Companies (SPCs) - 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