Yahoo Japan : Update on Notification Regarding The Japan Net Bank, Limited Becoming a Consolidated Subsidiary(2017/12/27) PDF (64KB)
December 27, 2017 at 01:14 am EST
Share
December 27, 2017
To whom it may concern
Yahoo Japan Corporation
Manabu Miyasaka
President and CEO
Stock code: 4689
Update on Notification Regarding The Japan Net Bank, Limited
Becoming a Consolidated Subsidiary
As disclosed in "Notification Regarding The Japan Net Bank, Limited Becoming a Consolidated Subsidiary" on August 1, 2017, Yahoo Japan Corporation (hereinafter the "Company") plans to consolidate The Japan Net Bank, Limited (Head office: Shinjuku-ku, Tokyo; President and Representative Director: Mitsuhiro Komura; hereinafter "The Japan Net Bank").
Initially, the Company had planned the consolidation to take place in "early October, 2017". However, the Company hereby announces that this schedule has changed to "around February 1, 2018" due to practical procedures.
The Company shall announce the consolidation of The Japan Net Bank as soon as it is determined.
Unless otherwise specified, this English-language document is prepared solely for the convenience of readers outside Japan. If there is any inconsistency between the English-language document and the Japanese-language document, the Japanese-language document will prevail.
1
Yahoo! Japan Corporation published this content on 27 December 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 December 2017 06:14:01 UTC.
Original documenthttps://s.yimg.jp/images/docs/ir/release/2017/en20171227.pdf
Public permalinkhttp://www.publicnow.com/view/217A5737DA031B373B0AA03BFC5B3460942338F5
Z Holdings Corporation is a holding company organized around 3 areas of activity:
- operation of e-commerce portals (69.5% of net sales): primarily operation of the Yahoo! Japan Shopping, PayPay Mall, ASKUL, Lohaco, Zozotown, Line Friends and Line Gift online stores. In addition, the group operates online auction platforms (Yahuoku!, PayPay Flea Market, etc.), online hotel and travel booking platforms (Yahoo! Japan Travel, Ikyu Travel, etc.) and electronic payment and financial services platforms (PayPay Card, PayPay Bank, LINE Securities, etc.) ;
- media services (28.2%): Internet advertising and marketing services, operation of generalist portals providing Internet tools and services (search engines, e-mail, discussion forums, electronic diaries, instant messaging, etc.), and content ( e-books, video content, thematic directories, news, etc.);
- other (2.3%).
Z HOLDINGS CORPORATION 
