Worth reading
55In focus
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Neutral
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Agreements reached under this partnership
Joint venture9401TBS HOLDINGS,INC.
Alliance partnerCJ ENM Co., Ltd / U-NEXT HOLDINGS Co., Ltd.
Details of the alliance
- 1
Planning of video content, and the procurement, investment in and development of IP
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
Capital and personnel relationships
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).
40.00%Our ownership stake in the partner’s shares
Ownership ratioCJ ENM: 51%; the Company: 40%; U-NEXT HOLDINGS: 9%
Overview of the joint ventureName: 株式会社 StudioMonowa; Location: CJ Building, 2-7-4 Nishishinbashi, Minato-ku, Tokyo; Business activities: planning of video content, and the procurement, investment in and development of IP; Capital contribution: ¥1,250 million; Ownership ratios: CJ ENM 51%, the Company 40%, U-NEXT HOLDINGS 9%
Dispatch of directors and officersA small number of officers and employees from the Company and its subsidiaries are expected to concurrently serve as directors and executive officers of the joint venture.
About the partner
Business DescriptionEntertainment company / Operates a streaming platform
LocationSouth Korea
Contract Date27 February 2026Alliance start date10 April 2026 (the date of establishment of the joint venture)
| Item | Details |
|---|---|
| Name of alliance partner | CJ ENM Co., Ltd, U-NEXT HOLDINGS Co., Ltd. |
| Alliance partner's business activities | Entertainment company, Operates a streaming platform |
| Alliance partner's location | South Korea, Not disclosed |
| Type of alliance | Joint venture |
| Details of the alliance | Planning of video content, and the procurement, investment in and development of IP |
| Shareholding ratio | Not disclosed → The Company: 40% |
| Overview of the joint venture | Name: 株式会社 StudioMonowa; Location: CJ Building, 2-7-4 Nishishinbashi, Minato-ku, Tokyo; Business activities: planning of video content, and the procurement, investment in and development of IP; Capital contribution: ¥1,250 million; Ownership ratios: CJ ENM 51%, the Company 40%, U-NEXT HOLDINGS 9% |
| Ownership ratio | CJ ENM: 51%; the Company: 40%; U-NEXT HOLDINGS: 9% |
| Dispatch of directors and officers | A small number of officers and employees from the Company and its subsidiaries are expected to concurrently serve as directors and executive officers of the joint venture. |
| Contract Date | 27 February 2026 |
| Alliance start date | 10 April 2026 (the date of establishment of the joint venture) |
Items this document does not state (12)
Alliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionShare Acquisition Date and Payment DateImpact on Business PerformanceChange in major shareholders
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.The purpose is to establish a global production structure for intellectual property (IP).
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