The second store, "TSUTAYA Asia Art Film Minsheng Store," will open in Taipei, Taiwan on June 6th.

2013.06.04 Press Releases
Culture Convenience Club Co., Ltd.

Culture Convenience Club Co., Ltd. (CEO: Muneaki Masuda, hereinafter referred to as CCC) will open its second TSUTAYA store in Taiwan, TSUTAYA Asia Art Film Minsheng Store, in Taipei City on June 6, 2013.

The opening of TSUTAYA stores in Taiwan is part of a strategic capital and business alliance for the international entertainment business concluded last year between CCC and Taiwan's CMC Group (Central China Group). Aegis International Co., Ltd. joined TSUTAYA and renovated the Aegis Movies store operated by the company, opening its first store, "TSUTAYA Aegis Movies Civil Rights Store," in December last year. Sales are growing steadily, and we have decided to open new stores to expand our operations.

To meet the needs of customers who want high-definition viewing, TSUTAYA Asia Art Film Minsheng Store has the largest selection of Blu-rays in Taiwan, with 1,000 titles. In addition, just like the Min-Kon store, the product lineup will be 1.5 times larger than the previous number of titles, in order to fulfill the Taiwanese demand for a "full selection of titles that are not available."

With content procurement based on a strategic partnership with the CMC Group and a selection based on database marketing, TSUTAYA Asia Art Films will provide Taiwanese people with a place to discover great films that they have wanted to watch but have not been able to rent until now.

In addition to operating TSUTAYA stores, CCC also operates a comprehensive entertainment business, from content procurement to distribution, including film distribution and DVD sales under the Culture Publishers label. With the support of TSUTAYA, one of Asia's largest entertainment chains, we will work together with the CMC Group in the field of content procurement. In the future, we will provide people with even more wonderful video content through our content distribution and copyright businesses in the film industries of Japan, Taiwan, and China.

CMC Group: Overview

CMC Central Co., Ltd. (hereinafter referred to as "Central") is currently one of the world's largest manufacturers of optical discs and other recording media. Since its founding in 1978, CMC has focused on optical discs and other recording media and peripheral products as its core business. Based on existing technologies, Zhonghua has continued to conduct research into core technologies for recording media. We are also expanding into the culture and entertainment industry, with a focus on resource development, environmental conservation, and a green economy. In order to expand the cutting-edge media market, the Zhonghua Group not only continues to develop new Blu-ray technologies and products, but also engages in multifaceted business development in the entertainment industry. Currently, its subsidiaries, including Zhonghua, Weixiu, Deli, and Yayi, are leading the way in their respective entertainment business fields. Going forward, we will strengthen our entertainment management resources, bring in a more experienced and professional team, and integrate the resources of this cross-border strategic alliance to provide even more complete one-stop services. As a healthier and more complete entertainment group, we aim to become the largest entertainment group in Asia.

Culture Convenience Club Group: Overview

We are expanding our franchise of TSUTAYA stores nationwide, as well as Culture Publishers (http://culture-pub.jp/) and other vertically expanding entertainment businesses, including film distribution and DVD sales through labels such as NHK. TSUTAYA operates 1,473 stores in Japan and Taiwan as a lifestyle suggestion site that provides information on new lifestyles through books, movies, music, and more, and is the largest bookstore and DVD/CD rental store chain in Japan in terms of both sales and number of stores. T members, who can also use the card as a common point card, have 45.04 million members, accounting for 30% of the total population of Japan and over 60% of young people in their 20s. In December 2011, he opened Daikanyama T-SITE, which proposes a new lifestyle for adults, primarily the baby boomer generation, and the bookstore was selected as one of the "20 Most Beautiful Bookstores in the World" by the popular American website Flavorwire.com. Additionally, since April 2013, we have been planning and managing public libraries as the designated manager of Takeo City Library in Saga Prefecture.
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Materials related to this matter

The second store, "TSUTAYA Asia Art Film Minsheng Store," will open in Taipei, Taiwan on June 6th.

Inquiries regarding this matter

Culture Convenience Club Co., Ltd. President's Office Public Relations
TEL: 03-6800-4764 (Public Relations Officer: Yuta Takahashi)