
Optimizing complementary assets to create new experience value
KDDI CORPORATION
Kakaku.com Inc.
August 2,2018
KDDI CORPORATION (Headquarters: Chiyoda-ku, Tokyo, President: Makoto Takahashi) and Kakaku.com Inc. (Headquarters: Shibuya-ku, Tokyo, President: Shinnosuke Hata) announce that KDDI is acquiring a share in Kakaku.com stock (35.016 million shares, or 16.63% of outstanding stock) in a capital and business partnership agreement entered into on August 2, 2018.
By combining their various assets, KDDI and Kakaku.com will be able to generate experience value in the areas listed below as they work to mutually develop existing business operations and pursue entrepreneurial opportunities.
(1)
Enhancement of both partners linked services/media
Kakaku.com, Tabelog and other consumer-oriented services/media offered by Kakaku.com answer a diverse range of needs. When linked with the services that KDDI provides its users, such as au Smartpass, au WALLET and Wowma!, the combination will make it possible to offer a lineup of products and services optimized for customer lifestyles.
(2)
Creation of new business operations that fully utilize both partners assets
The partners will generate new business operations together by blending their assets in ways that enhance digital marketing and enable development of new services and media.
Moving forward, KDDI will continue to provide customers with new experience value while striving to expand business operations through this partnership and the efforts described above.
Reference material: KDDI and Kakaku.com in Business, Capital Tie-up
Reference material KDDI overview
(1) Business name:
KDDI CORPORATION
(2) Business activities:
Electronic communications operations
(3) Established:
June 1, 1984
(4) Headquarters:
2-3-2 Nishi-shinjuku, Shinjuku-ku, Tokyo
(5) Representative:
Makoto Takahashi, president
(6) Capital:
141.852 billion (as of March 31, 2018)
(7) Consolidated sales:
5.042 trillion (for FY 2018)
(8) Consolidated workforce:
38,826 (as of March 31, 2018)
Kakaku.com overview
(1) Business name:
Kakaku.com Inc.
(2) Business activities:
Website app planning & management, provision of various platforms
(3) Established:
Dec. 1997
(4) Headquarters:
Digital Gate Bldg., 3-5-7 Ebisu-minami, Shibuya-ku, Tokyo
(5) Representative:
Shinnosuke Hata, president
(6) Capital:
916 million (as of March 31, 2018)
(7) Consolidated sales:
46.782 billion (for FY 2018)
(8) Consolidated workforce:
851 (as of March 31, 2018)
The information contained in the news releases is current at the time of publication. Products, service fees,service content and specifications, contact information, and other details are subject to change without notice.
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