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Wonder Corp to Establish Joint Venture
Wonder Corp announced that it will establish a joint venture, which will be also a subsidiary of the Company, with a Tokyo-based publishing and sale business, effective March 15, 2013. The joint venture will be capitalized at JPY 50 million, the Company and the Tokyo-based company will each hold an 80% and 20% stake in the joint venture. The joint venture will be engaged in the wholesale of books, music soft and image soft products.
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