Toys & Juvenile Products
NHN Entertainment Corp <181710.KS> : Says it plans to divest quick disbursement and AD business into new wholly owned subsidiary, named NHN Payco .CO.,LTD .Says divestiture date is April 1.
Net Publishing <6542.TWO>: Says it will merge with a wholly owned subsidiary, which is engaged in agent and operation of games .Says the subsidiary will dissolve after merger.
Shanghai Yaoji Playing Card Co., Ltd.<002605.SZ>:Says it plans to dissolve a Shanghai-based biotechnology unit, a Shanghai-based network tech unit and a Shanghai-based cultural communications unit.
Konami Holdings says business restructuring of units and the co to forgive debt of 5 bln yen borrowed by unit
Konami Holdings Corp <9766.T>: Says its unit Konami Digital Entertainment Co., Ltd. to transfer arcade game machine's planning, production, manufacture, sale, and lending related business to another unit of the co . Says the change will effective on Nov. 1 .Says the co to forgive debt of 5 billion yen borrowed by the unit that will takeover business from Konami Digital Entertainment.
Bandai Namco Holdings Inc:Says its China-based group company, BANDAI NAMCO ASIA CO., LTD., to restructure the company into a holding company, effective April 1.BANDAI NAMCO ASIA CO., LTD. to change company name to BANDAI NAMCO Holdings ASIA CO., LTD.BANDAI NAMCO ASIA to establish a new wholly owned subsidiary to take over the toy hobby business from BANDAI NAMCO ASIA, after BANDAI NAMCO ASIA restructure into a holding company.
Square Enix Holdings Co Ltd:To dissolve its New York-based wholly owned subsidiary Shinra Technologies, Inc. and Shinra Technologies's Tokyo-based wholly owned subsidiary.Liquidation of Shinra Technologies is expected to be completed on March 31, 2019 and liquidation of Shinra Technologies's subsidiary is expected to be completed on June 30.Says it expects an extraordinary loss of about 2 billion yen for the fiscal year ending March 2016.
NHN Entertainment Corp:Says its subsidiary NHN PlayArt Corp. to merge with its subsidiary, Mediator Corp., which is mainly engaged in Internet bar and coffee shop business.Merger ration of 1:0 between NHN PlayArt and Mediator.Expects merger effective date of Nov. 30 and registered date of Nov. 30.After the transaction NHN PlayArt Corp. will change name to NHN Comico Corp.NHN PlayArt will survive and Mediator will be dissolved after the merger.
SK JAPAN announces result of early-retirement program and expects extraordinary loss for Q2 of FY 2016
SK JAPAN CO LTD:Says 31 employees took up the offer of the early-retirement program announced on Aug. 17.Effective date of retirement is Sep. 30.Says it expects an extraordinary loss of 30 million yen for Q2 of the fiscal year ending Feb. 2016.Says the loss is recorded as a loss of expenses for early-retirement program in the company and subsidiaries.