{"id":40144,"date":"2026-04-10T17:06:27","date_gmt":"2026-04-10T08:06:27","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/9401-20260410-01_wp_m_and_a_alliance\/"},"modified":"2026-04-10T17:06:27","modified_gmt":"2026-04-10T08:06:27","slug":"9401-20260410-01_wp_m_and_a_alliance","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-9401\/ir\/9401-20260410-01_wp_m_and_a_alliance\/","title":{"rendered":"Notice on the Establishment of a Joint Venture with CJ ENM Co., Ltd and U-NEXT HOLDINGS Co., Ltd."},"content":{"rendered":"<p>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.<\/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":"9401","jir_company_name":"TBS Holdings, Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-04-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/9401-20260410-01.pdf","jir_short_summary":"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.","jir_summary":"### Overview of the Joint Venture Establishment\nTBS 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.\n\n### Future Outlook and Relationship\nThe 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.","jir_financial_highlights":"Capital: 1,250 million yen (Unknown)\nNet Assets: 2,500 million yen (Unknown)\nShareholding Ratio (Our Company): 40% (Unknown)","jir_category":"","jir_hashtags":"#TBSHoldingsInc, #M&A_CapitalAlliance, #JointVentureEstablishment","jir_key_figures":"Capital: 1,250 million yen\nNet Assets: 2,500 million yen\nShareholding Ratio (Our Company): 40%","jir_meta_title":"TBS Holdings, Inc. Establishes Joint Venture with CJ ENM and U-NEXT; Capital Set at 1,250 Million Yen","jir_meta_description":"TBS Holdings, Inc. has established the joint venture StudioMonowa with CJ ENM and U-NEXT HOLDINGS. Capital is 1,250 million yen, our shareholding is 40%, with the establishment date on April 10, 2026.","jir_og_title":"TBS Holdings Announces Joint Venture Establishment with CJ ENM and U-NEXT","jir_og_description":"TBS Holdings establishes a joint venture in the video content business with CJ ENM and U-NEXT. Capital is 1,250 million yen, with our company's shareholding at 40%.","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-40144","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 on the Establishment of a Joint Venture with CJ ENM Co., Ltd and U-NEXT HOLDINGS Co., Ltd. - 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\/9401-20260410-01_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\/9401-20260410-01_wp_m_and_a_alliance\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-9401\/ir\/9401-20260410-01_wp_m_and_a_alliance\/\",\"name\":\"Notice on the Establishment of a Joint Venture with CJ ENM Co., Ltd and U-NEXT HOLDINGS Co., Ltd. - Japan IR\",\"isPartOf\":{\"@id\":\"https:\/\/japanir.jp\/en\/#website\"},\"datePublished\":\"2026-04-10T08:06:27+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-9401\/ir\/9401-20260410-01_wp_m_and_a_alliance\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/japanir.jp\/en\/company\/company-9401\/ir\/9401-20260410-01_wp_m_and_a_alliance\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-9401\/ir\/9401-20260410-01_wp_m_and_a_alliance\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/japanir.jp\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Notice on the Establishment of a Joint Venture with CJ ENM Co., Ltd and U-NEXT HOLDINGS Co., Ltd.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/japanir.jp\/en\/#website\",\"url\":\"https:\/\/japanir.jp\/en\/\",\"name\":\"Japan IR\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/japanir.jp\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Notice on the Establishment of a Joint Venture with CJ ENM Co., Ltd and U-NEXT HOLDINGS Co., Ltd. - Japan IR","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/japanir.jp\/en\/company\/company-9401\/ir\/9401-20260410-01_wp_m_and_a_alliance\/","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/japanir.jp\/en\/company\/company-9401\/ir\/9401-20260410-01_wp_m_and_a_alliance\/","url":"https:\/\/japanir.jp\/en\/company\/company-9401\/ir\/9401-20260410-01_wp_m_and_a_alliance\/","name":"Notice on the Establishment of a Joint Venture with CJ ENM Co., Ltd and U-NEXT HOLDINGS Co., Ltd. - Japan IR","isPartOf":{"@id":"https:\/\/japanir.jp\/en\/#website"},"datePublished":"2026-04-10T08:06:27+00:00","breadcrumb":{"@id":"https:\/\/japanir.jp\/en\/company\/company-9401\/ir\/9401-20260410-01_wp_m_and_a_alliance\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/japanir.jp\/en\/company\/company-9401\/ir\/9401-20260410-01_wp_m_and_a_alliance\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/japanir.jp\/en\/company\/company-9401\/ir\/9401-20260410-01_wp_m_and_a_alliance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/japanir.jp\/en\/"},{"@type":"ListItem","position":2,"name":"Notice on the Establishment of a Joint Venture with CJ ENM Co., Ltd and U-NEXT HOLDINGS Co., Ltd."}]},{"@type":"WebSite","@id":"https:\/\/japanir.jp\/en\/#website","url":"https:\/\/japanir.jp\/en\/","name":"Japan IR","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/japanir.jp\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"related_company_data":{"id":"7600","title":"TBS HOLDINGS INC","ticker":"9401"},"_links":{"self":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/40144","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release"}],"about":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/types\/ir_release"}],"replies":[{"embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/comments?post=40144"}],"version-history":[{"count":0,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/40144\/revisions"}],"wp:attachment":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/media?parent=40144"}],"wp:term":[{"taxonomy":"sector","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/sector?post=40144"},{"taxonomy":"importance","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/importance?post=40144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}