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Kadokawa Group Holding Inc and DWANGO Co Ltd Announces Business Alliance; Kadokawa Group Holding Inc to Acquire Subsidiary of DWANGO Co Ltd

Tuesday, 25 Dec 2012 01:00am EST 

Kadokawa Group Holding Inc and DWANGO Co Ltd announced that the two companies have formed a basic agreement on the business alliance in advertisement business. As a part of the business alliance, Kadokawa Group Holding will acquire a 60% stake in a Tokyo-based subsidiary of DWANGO in March 2013 and make it a subsidiary. The subsidiary of DWANGO is engaged in the advertisement agent, advertisement producing and planning business. 

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