Culture Entertainment announces third-party allotment of new shares

2022.02.08 Press Releases
Culture Entertainment Co., Ltd.

Culture Entertainment Inc. (Headquarters: Shinagawa-ku, Tokyo; President and CEO: Nakanishi Kazuo; hereinafter referred to as CE) is pleased to announce that it has raised a total of approximately 1.44 billion yen through a third-party allotment of new shares by February 8th, with the following business companies as the main underwriters.

Major third-party allotment recipients (in alphabetical order)
Amuse Inc.
INCLUSIVE Inc.
Toppan Printing Co., Ltd.
Nippan Group Holdings Co., Ltd.
Hakuhodo DY Media Partners Inc.
BookLive Inc.
Fuyo General Lease Co., Ltd.
Mixi Entertainment Fund No. 1 Investment Business Limited Liability Partnership
Media Boy Co., Ltd.

■Background of the third-party allotment
As a core operating company of Culture Convenience Club Co., Ltd. (hereinafter referred to as CCC), CE has been primarily responsible for procuring and supplying products to CCC's entertainment platform. The purpose of this third-party allotment of new shares is to strengthen relationships with partner companies in order to respond to the diversifying entertainment platforms, while also increasing investment in strengthening IP planning and production functions and promoting digital transformation. By doing so, we aim to become an entertainment content company that can create high-quality content and offer a variety of ways for customers to enjoy it.

■ Company Overview (as of February 8, 2022)

Name: Culture Entertainment Co., Ltd.
Address: 1-1 Kami-Osaki 3-chome, Shinagawa-ku, Tokyo
Representative: Kazuo Nakanishi　
Business: Planning and production of entertainment content such as video, publishing, and music
Capital: 1,456,712,000 yen (including capital reserves after this capital increase)
Established: December 1, 2014

Inquiries regarding this matter
Culture Entertainment Public Relations Tel: 03-6800-4583 / Email: culture-ent-info@ccc.co.jp