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Press Release

Announcement of Establishment of 2 Subsidiaries Specializing in Strengthening the Internet Movie Business

メディアその他事業(Media・Other)

In order to strengthen the Internet movie business, CyberAgent, Inc. (Head office: Shibuya-ku, Tokyo. President: Susumu Fujita. Stock Code: 4751, Tokyo Stock Exchange 1st Section) decided, at the board of directors' meeting on Thursday, October 30, 2014, to establish Takusuta Inc. to engage in live video broadcasting service business and Sanrenp Inc. to engage in video curation service business, as 100% subsidiaries, on Tuesday, November 4, 2014 (tentative), as described below. 
 
Purpose of Establishment of Subsidiaries
With the popularization of smartphones and high-speed wireless service such as Wi-Fi and LTE, the Internet viewing environment has expanded significantly in recent years and the amount of videos viewed increased. In addition, with the improved capabilities of smartphone cameras and popularization of SNS, there has also been a rapid increase in everyday users filming and uploading videos. These trends are predicted to continue, and so the Company will establish Takusuta Inc. to operate a live video broadcasting service and Sanrenp Inc. to operate a video curation service, by utilizing its Internet media business knowhow.
 
Future Forecast
The newly established businesses are planned to begin operation the same day, but the effect on the Company's consolidated results for this fiscal year are estimated to be minimal. Therefore, there will be no adjustments made to the consolidated financial results forecasts at this time.
With the establishment of these subsidiaries, the Company now has 4 consolidated subsidiaries involved in video related business, including Amesta, Inc. (established in January 2013) and Shibuya Clip Create Inc. (established in July 2014). The CyberAgent Group will continue to focus on the growth potential of the Internet video market and actively pursue business expansion opportunities.

■Takusuta, Inc. Overview

Company Name Takusuta, Inc.
Location 28-3 Maruyama-cho, Shibuya-ku, Tokyo
Established November 4, 2014 (tentative)
Capital ¥60 million
Representative Kenta Takubo, President
Shareholders CyberAgent, Inc. 100%
Nature of Business Live Video Broadcasting Business for Smartphone

■ Sanrenp, Inc. Overview

Company Name Sanrenp, Inc.
Location 28-3 Maruyama-cho, Shibuya-ku, Tokyo
Established November 4, 2014 (tentative)
Capital ¥60 million
Representative Yuhei Negishi, President
Shareholders CyberAgent, Inc. 100%
Nature of Business Video Curation Business

Inquiries regarding the release

CyberAgent, Inc.  Publication/IR Division     Email: pub@cyberagent.co.jp