Agreements reached under this partnership
Termination of the capital and business alliance- 1
Development of Webtoon content and services
- 2
Production of original content
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).
The impact of terminating this capital and business alliance on consolidated results for the fiscal year ending March 2027 will be minor.
| Item | Details |
|---|---|
| Name of alliance partner | SEGA SAMMY HOLDINGS INC. |
| Alliance partner's business activities | Management and related activities for the group as the holding company of a comprehensive entertainment corporate group |
| Alliance partner's location | Shinagawa Ward, Tokyo |
| Alliance partner's capital | ¥29.9 billion (as of 31 March 2026) |
| Alliance partner's net sales | ¥487,542 million (fiscal year ended March 2026) |
| Alliance partner's operating income | ¥47,128 million (fiscal year ended March 2026) |
| Type of alliance | Termination of the capital and business alliance |
| Details of the alliance | Development of Webtoon content and services, Production of original content |
| Number of shares acquired | 900,000 shares; 10.37% of total issued shares, excluding treasury shares |
| Shareholding ratio | 10.37％ → 0% (all shares of the Company's common stock held are scheduled to be sold) |
| Dispatch of directors and officers | Not applicable (personnel relationship) |
| Date of board resolution | 15 July 2026 |
| Contract Date | 15 July 2026 (scheduled) |
| Alliance start date | April 2023 (capital and business alliance agreement executed) |
| Impact on Business Performance | The impact of terminating this capital and business alliance on consolidated results for the fiscal year ending March 2027 will be minor. |
Items this document does not state (8)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.After comprehensively considering changes in the management environment and their respective future business strategies, the companies determined that it would be optimal for each to pursue its growth strategy in an agile and flexible manner. In addition, conditions have made it difficult to fully achieve the results initially expected from the alliance.