Notice of Closing of Acquisition of The Japan Times, Ltd.
We hereby announce that News2u Holdings, Inc (CEO & Representative Director: Minako Kambara Suematsu; headquarters: Chiyoda-ku, Tokyo)completed the acquisition of all outstanding shares of The Japan Times, Ltd. (President & Representative Director: Takeharu Tsutsumi; headquarters: Minato-ku, Tokyo), a 100%-owned subsidiary of Nifco, Inc. (CEO, Chairman & Representative Director: Toshiyuki Yamamoto; headquarters: Yokosuka-shi, Kanagawa) on June 20, 2017, in accordance with the “Notice of Entering into a Basic Agreement to Acquire Shares in The Japan Times, Ltd. (Subsidiary Acquisition)” announced on June 12, 2017.
The Japan Times is Japan’s oldest English-language newspaper which has just celebrated its 120th anniversary. Since its establishment in 1897, The Japan Times has committed to accurately providing news and analysis of the current state of events in Japan and the world, and plays an increasingly significant role in the era of Internet in which information distribution has been dramatically globalized.
Established in 2001, News2uHD began as a provider of online corporate press releases, focused on “Trustworthiness” and “Fairness”, and has provided an online platform for corporate information distribution supporting its clients in the planning and creation of corporate websites and owned media.
In the midst of change in the media industry, The Japan Times will pursue its role as “Japan’s window to the world” offering a larger online presence and reports from Japan to the world through the know-how and resources of News2uHD, and will aim to enhance its digital services for the News2u Group’s customer base.
News2u Holdings, Inc., Administration Department
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