NTT DoCoMo and Kadokawa Group Holdings to Form Comprehensive Alliance through Capital Tie-Up
TOKYO, JAPAN, November 27, 2006 --- Kadokawa Group Holdings, Inc. (Kadokawa), comprising group companies engaged mainly in publishing or movies/visual content, and NTT DoCoMo, Inc. announced today that they will form a comprehensive alliance through a capital tie-up.
DoCoMo will acquire 1,031,000 shares in the holding company, or 3.78% of total issued shares, for about four billion yen through a third-party share allocation on December 12, 2006. Under the agreement, DoCoMo will also tie up with the group companies Kadokawa Shoten Publishing Co., Ltd., Kadokawa Herald Pictures, Inc., Kadokawa Mobile, Inc., Herald Enterprise, Inc. and Kadokawa Media House Inc.
The alliance will combine Kadokawa’s strengths as a major provider of printed and visual content with DoCoMo’s huge subscriber base and i-mode™ mobile Internet service. The use of visual content over mobile networks is expected to increase rapidly with the ongoing introduction of high-speed network technologies, such as high-speed downlink packet access (HSDPA).
The parties will develop mobile content related with Kadokawa movies and animation, including original video content developed initially for the mobile environment, prior to release via other media. The parties will also consider possibilities for DoCoMo to join the film producing project which Kadokawa manages.
Customers will be able to use the iD™ mobile credit service, which can be used on Osaifu-Keitai™ e-wallet phones, for payments at 11 Cineplex theaters (92 screens) of Herald Enterprise by the end of June 2007. In addition, DoCoMo’s ToruCa™ information-capture service is planned to be introduced at the theaters.
Also, Kadokawa will increase the range of content it distributes through some 40 sites it has on the i-mode portal.
About NTT DoCoMo
NTT DoCoMo is the world’s leading mobile communications company. DoCoMo serves more than 52 million customers, including 30 million people subscribing to FOMA™, launched as the world’s first 3G mobile service based on W-CDMA in 2001. DoCoMo also offers a wide variety of leading-edge mobile multimedia services, including i-mode™, the world’s most popular mobile e-mail/Internet service, used by more than 47 million people. With the addition of credit-card and other e-wallet functions, DoCoMo mobile phones have become highly versatile tools for daily life. NTT DoCoMo is listed on the Tokyo (9437), London (NDCM) and New York (DCM) stock exchanges. For more, visit www.nttdocomo.com.
About Kadokawa Group Holdings, Inc.
Kadokawa Holdings started in April 2003 as a holding company, and shifted from the second section of the Tokyo Stock Exchange market to the first section in September 2004. In July 2006 the company changed the name to Kadokawa Group Holdings, Inc., and we intend to move forward forming the organization with overwhelming power as a group. Kadokawa Group Holdings has under its control more than 40 affiliated companies such as publishing companies, movie/visual business companies, cross media business companies and business support companies inside and outside Japan. Each of the companies aims to be the leading company in its respective genre, and Kadokawa aims to be the number-one group in the Japanese content industry. Moreover, overseas business development started in full swing through establishment of new companies in Asia (mainly in Hong Kong and China) and America and business collaboration with local companies.
i-mode, FOMA,Osaifu-Keitai, iD and ToruCa are trademarks or registered trademarks of NTT DoCoMo, Inc. in Japan and other countries.
“Osaifu-Keitai” refers to mobile phones equipped with a contactless IC card for useful online functions/services such as electric money, credit card payments, electronic ticketing, and more.
NTT DoCoMo’s FOMA service is only available to subscribers in Japan.
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